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r i'b <br /> PYROTECNICO ' M <br /> LL <br /> V I TA L F r A M I L V F I R e WO R K 8 1 8 8 9 <br /> Fireworks Display Contract <br /> This Agreement made this day of 2010, by and . between Pyrotecnico of Florida, LLC, of <br /> Tampa, Florida , (hereinafter referred to as " Pyrotecnico of Florida ") and Point West of Vero Beach Florida Ltd . <br /> and The Indian River County Board of County Commissioners of Vero Beach , Florida <br /> WHEREAS, Pyrotecnico of Florida is engaged in the sale, exhibition and display of fireworks for those requesting <br /> said goods and performance; and <br /> WHEREAS, Sponsor wants Pyrotecnico of Florida to provide a fireworks exhibition and display for Sponsor's benefit <br /> under the terms and conditions set forth herein ; and <br /> WHEREAS Pyrotecnico of Florida is desirous of providing Sponsor with a fireworks exhibition and display <br /> for <br /> Sponsor's benefit under the terms and thereby, the parties agree as follows : <br /> 1 . Obligations of Pyrotecnico of Florida Pyrotecnico of Florida shall sell , furnish and deliver to Sponsor certain <br /> fireworks which Pyrotecnico of Florida agrees to exhibit and display on (December 18, 2010 ) in accordance with <br /> the program set forth and agreed upon at the time of the signing of this Agreement, the specifics of which are set forth <br /> in the " Fireworks Exhibition and Display Program " attached hereto and incorporated herein by reference thereto <br />. <br /> ( Fireworks Display) . <br /> 2 . Payment Schedule. For and in consideration of the Fireworks Display, Sponsor agrees to pay Pyrotecnico of <br /> Florida the sum of $ 10,000 . 00 * * Includes $ 100 Permit Fee payment shall be made as follows : <br /> a . 50% of the contract price upon the signing hereof. <br /> b . The balance of the contract price within ten days of completion of the Fireworks Display. <br /> Sponsor agrees to pay interest at the rate of 1 1/2 % per month on any delinquent balance until the debt is paid <br /> in full . <br /> Payment shall be made by certified check or otherwise as agreed to Pyrotecnico of Florida , LLC, P . O• Box <br /> 310, New <br /> Castle, Pennsylvania , 16103 . Furthermore, in the event Sponsor fails to perform its obligation and responsibility as set <br /> forth herein and it becomes necessary for Pyrotecnico of Florida to enforce its rights by hiring an attorney, Sponsor shall <br /> be responsible for, in addition to any other sums for which it is found responsible, all attorneys fees and costs incurred <br /> by Pyrotecnico of Florida to collect said sums. <br /> 3 . Responsibilities of Sponsor. Sponsor agrees to procure and furnish a place suitable to Pyrotecnico of Florida for <br /> the display and exhibition of fireworks, (" Display Site ) , <br /> Sponsor shall hire, secure and provide, at it's own cost and expense, adequate private and/or public security, police and <br /> fire protection . Sponsor shall be solely responsible and obligated to construct and furnish all materials necessary to set <br /> up restraining lines and other barriers for keeping all persons (except those designated by Pyrotecnico of Florida ) out of <br /> the Display Site and all fallout and danger areas and behind the safety zone lines. Sponsor shall provide adequate <br /> private and/or public security personnel and /or protection to preclude all individuals other than those authorized <br />by <br /> Pyrotecnico of Florida from entering the security area designated by Pyrotecnico of Florida . No persons or personal or <br /> real property of any kind , including but not limited to motor vehicles shall be allowed within the Display Site, fallout area <br /> or safe zone. Sponsor shall ensure that all spectator viewing and parking , as well as any other personal or real property <br /> is not within the Display Site, fallout area or safe zone. Sponsor shall fulfill its responsibilities as set <br />forth herein in <br /> accordance with all local, state and federal rules, laws, orders and regulations, including those of the National <br /> Fire <br /> Protection Association ( NFPA) , as amended and as may be further required by Pyrotecnico of Florida . <br /> 4 . Indemnifications and Liability . To the extent allowed by law, Sponsor shall hold harmless , and indemnify <br /> Pyrotecnico of Florida from any demands, claims, causes of action or liability arising from damage to or , destruction of <br /> real or personal property or bodily or personal injuries, whether arising from tort, contact 'or' otherwise, that <br /> occur <br /> directly or indirectlyfrom the failure of Sponsor to comply with its obligations and responsibilities as set forth herein <br />, <br /> including attorneys fees and costs; provided that nothing herein shall constitute a waiver of the Sponsor's sovereign <br /> immunity in excess of the limits set forth in 768 . 28, Florida Statutes. Sponsor shall not, under any circumstances, be <br /> X11 11 /8/2010 Pg . 7 of 9 IRCRDwf $ 10 , 000 12/18/10 <br /> " Rock ' n Roll energy took center stage at the world 's most prestigious fireworks venue : La Ronde in <br /> ® C ® VQ5 ,, , Montreal , Canada . Pyrotecnico 's design team developed " Rock Loves . . . " , a five- act thriller that <br /> brought the international crowd to its feet and were awarded the coveted Gold Jupiter. <br /> 0 <br />