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E . The Company will provide emergency services , when needed , to perform all repairs covered under this Contract . Reasonable travel time must be allowed for the repair unit to reach the tank site . F . The Company will furnish pressure relief valves , if requested by the Owner, so that the Owner can install the valves in its water system while the tank is being serviced . G . The Company will furnish current certificates of insurance coverage to the Owner . 2 . Contract Price/Annual Fees . The first three (3 ) annual fees shall be $ 17,201 . 00 per Contract Year; however, in Contract Year 4 and each third anniversary thereafter, the annual fee shall be adjusted to reflect the current cost of service . The adjustment of the annual fee shall be limited to a maximum of 5 % per annum . All applicable taxes are the responsibility of the Owner and are in addition to the stated costs and fees in this Contract . A "Contract Year" shall be defined as each consecutive 12 - month period following the first day of the month in which the Contract is executed by the Owner and each subsequent 12 - month period thereafter during the time the Contract is in effect . For example , if a contract was signed by an Owner on April 17 , 2007 , Contract Year 1 for that contract would be April 1 , 2007 to March 31 , 2008 , and Contract Year 2 for that contract would be April 1 , 2008 to March 31 , 2009 and so on . 3 . Payment Terms . The annual fee for Contract Year 1 , plus all applicable taxes, shall be due and payable upon acceptance of the contract . Each subsequent annual fee, plus all applicable taxes , shall be due and payable on the first day of each Contract Year, thereafter ; however, beginning in Contract Year 2 , the annual fee can be paid either monthly, quarterly, semiannually , or annually . Owner shall circle the preferred billing frequency . If the Owner does not choose a preferred billing frequency, the Owner will be billed quarterly. 4 . Structure of Tank. The Company is accepting this tank under program based upon its existing structure and components . Any modifications to the tank, including antenna installations, shall be approved by Utility Service Co. , Inc. , prior to installation and may warrant an increase in the annual fee. 5. Environmental , Health , Safety, or Labor Requirements . The Owner hereby agrees that future mandated environmental , health , safety , or labor requirements as well as changes in site conditions at the tank site which cause an increase in the cost of tank maintenance will be just cause for modification of this Contract . Said modification of this Contract will reasonably reflect the increased cost of the service with a newly negotiated annual fee . Page 2 of 4 © 2007 Utility Service Co . , Inc . Rev . 04 /07