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same in accordance with the Documentation as provided by Sequoia to Customer for the operation of the equipment (collectively referred to as "Product"). B. Services The services as set forth on Attachment 2 of this Agreement shall be provided by Sequoia at no cost to Customer. C. Purchase Price The total purchase price for the Product, as described in Attachment 1 of this Agreement, is Three Hundred Fifty-Six Thousand, Two Hundred and Ten and 00/ 100 ($356,210. 00) Dollars. Said purchase price includes the County' s purchase of Fifty-Nine (59) Optech Insight Plus Tabulators with Modems and Ballot Box. D. Delivery On or before January 31 , 2007, Sequoia shall deliver the Product in its entirety, inclusive of the Fifty-Nine (59) Optech Insight Plus Tabulators with Modems and Ballot Box as set forth hereinabove and the Six (6) Optech Insight Plus Tabulators with Modems and Ballot Box as set forth hereinbelow, to the location(s) designated by the SOE . Said delivery date(s) and time(s) shall be mutually agreed upon by the SOE and Sequoia. E. Payment Upon each delivery, Sequoia shall submit an itemized invoice listing the Product that was delivered and for which payment is sought. The SOE shall review the invoice(s) submitted by Sequoia. Once approved, the SOE shall forward the approved invoice(s) to the Indian River County Clerk and Comptroller' s Office ("Clerk and Comptroller") for payment. The Customer and the Clerk and Comptroller shall make every attempt to pay Sequoia within fifteen ( 15 ) business days of approval of said invoice by the SOE. In consideration for the expedient payment process by the Customer and the Clerk and Controller, Sequoia agrees to provide and deliver Six (6) Optech Insight Plus Tabulators with Modems and Ballot Box to Customer. Sequoia shall submit all invoices to the SOE at 4375 43rd Avenue, Vero Beach, FL 32967, or to such other entity or address that the Customer may specify in writing. F. Risk of Loss and Title Transfer All shipping, insurance and risk of loss shall be the sole responsibility of Sequoia. The FOB point shall be the delivery location(s) designated by the SOL Risk of loss shall pass to Customer upon delivery of the Product to the SOE. Title to the Product shal I pass to the County upon acceptance of the Product in accordance with Section 2.G. below. G. Testing and Acceptance of Product Notwithstanding the payment provisions as set forth in Paragraph E. above, the County shall retain Ten Percent ( 10%) of the total Contract Price until the SOE has tested and accepted the Product in its entirety. The SOE shall complete testing of the Product in its entirety within sixty (60) days of Sequoia making its final delivery to the SOE. Upon testing the Product and determining that it functions in accordance with the manuals and documentation as provided by Sequoia, the SOE shall accept the Product. The Customer and the Clerk and Comptroller shall endeavor to pay Sequoia the remaining ten percent ( 10%) of the total purchase price within fifteen ( 15) days of acceptance of the Product in its entirety by the SOE. H. Option to Purchase Additional Product Subsequent to the expiration of this Agreement, County shall have the option to purchase additional items of the Product listed on Attachment 1 of this Agreement at the price set forth therein. The purchase price for the Product shall not increase by more than Ten Percent ( 10%) annually. 2