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SECTION 4. TERM OF THE ENGAGEMENT <br />This Agreement provides for services far the fiscal years ending September 30, 2000, 2001, <br />2002, 2003, and 2004. <br />Either the County or the Auditor may cancel this Agreement for the fiscal years subsequent to <br />the first year of this Agreement by written notice to the other party given not later than six (6) <br />calendar months prior to the end of the fiscal year next subject to audit. The County agrees that <br />such cancellation on its part shall be only for cause and after appropriate discussion with the <br />Auditor. r, <br />SECTION 5. COMPENSATION FOR AUDIT SERVICES �t <br />j n,A <br />Compensation for the five (5) annual audits shall be in accordance �th that produced by <br />negotiations approved by the County Commission on October 10, 2000, and shall be apportioned <br />"follows: <br />FIRST YEAR (September 30, 2000) <br />Payment <br />$123,000 <br />SECOND YEAR (September 30,2001) <br />$123,000 <br />THIRD YEAR (September 30, 2002) <br />$123,000 <br />FOURTH YEAR (September 30,2003) <br />$123,000 <br />FIFTH YEAR (September 30, 2004) <br />$123.000 <br />Mo -000 <br />of these fees each year shall be as follows: <br />SEPTEMBER/OCTOBER <br />$28,000 <br />NOVEMBER <br />$28,000 <br />DECEMBER <br />$28,000 <br />JANUARY <br />$26,000 <br />FEBRUARY <br />$ 7,000 <br />MARCH <br />$ 6,000 <br />SECTION 6, ADDITIONAL SERVICES <br />The Coutay may request additional audit -related services because of additional regulatory <br />requirements, the creation of additional entities that become part of the County, financing <br />activities, or by circumstances unforeseen at the time of execution of this Agreement. The <br />Auditor shall be compensated for additional services at a fee of 85%ofthcir then standard rates. <br />