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manager of the Auditor's Audit Team terminates employment with the Auditor, then the <br />Auditor shall promptly replace its Auditor's Audit Team manager with a person of comparable <br />experience and expertise, who shall also be subject to the County's approval. The County <br />acknowledges and agrees that its approval shall not be unreasonably withheld. <br />6. TERM: TERMINATION. <br />6.1. This Agreement shall remain in effect for a term of five (5) years, subject to sooner <br />termination as provided herein. <br />6.2. This Agreement may be terminated: (a) by the County, for any reason, upon at least <br />ninety (90) days' prior written notice to the Auditor; or (b) by the Auditor, for any reason, upon <br />at least ninety (90) days' prior written notice to the County; or (c) by the mutual agreement of <br />the parties; or d) as may otherwise be provided below. In the event of the termination of this <br />Agreement, any liability of one party to the other arising out of any Services rendered, or for <br />any act or event occurring prior to the termination, shall not be terminated or released. <br />6.3. In the event of termination by the County, the County's sole obligation to the Auditor <br />shall be payment for those portions of satisfactorily completed work under this Agreement. <br />Such payment shall be determined on the basis of the hours of work performed by the <br />Auditor, or the percentage of work completed as estimated by the Auditor and agreed upon <br />by the County up to the time of termination. In the event of such termination, the County <br />may, without penalty or other obligation to the Auditor, elect to employ other persons to <br />perform the same or similar services. <br />6.4. The obligation to provide Services under this Agreement may be terminated by either <br />party upon seven (7) days prior written notice in the event of substantial failure by the other <br />party to perform in accordance with the terms of this Agreement through no fault of the <br />terminating party. <br />6.5. In the event that the Auditor merges with another company, becomes a subsidiary of, <br />or makes any other substantial change in structure, the County reserves the right to terminate <br />this Agreement in accordance with its terms under item 6.2. <br />6.6. In the event of termination of this Agreement, the Auditor agrees to provide copies of <br />any and all documents prepared by the Auditor for the County in connection with this <br />Agreement. <br />7. COMPENSATION. <br />7.1. The County shall pay to the Auditor the mutually agreed upon not -to -exceed annual <br />professional fees as follows: <br />Fiscal year 2020 $190,000 (One Hundred and Ninety Thousand Dollars) <br />Fiscal year 2021 $195,000 (One Hundred and Ninety -Five Thousand Dollars) <br />Fiscal year 2022 $200,000 (Two Hundred Thousand Dollars) <br />Fiscal year 2023 $205,000 (Two Hundred Five Thousand Dollars) <br />Fiscal year 2024 $210,000 (Two Hundred Ten Thousand Dollars) <br />3 <br />