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<br />, r.-,. <br /> <br />e <br /> <br />e <br /> <br />IBM shall have fulfilled its obligations under this Statement of Work when anyone of the <br />following first occurs: <br /> <br />· IBM accomplishes the IBM tasks described in 1.3, "IBM Responsibilities", including <br />delivery to the District of the materials listed in 1.5, "Deliverable Materials". <br /> <br />· The Distric~ terminates the Project in accordance with the provisions of the Agreement. <br /> <br />1.8 Charges <br /> <br />IBM will provide these services for a fee of $785,000 plus actual costs to obtain and maintain <br />such permits required and any other necessary rights-of-way or other governmental fees, . '. . <br />including, but not limited to, limited use agreement fees. ' <br /> <br />1.9 Payment .Terms <br /> <br />IBM will submit invoices according to following schedule: <br /> <br />Contract approval <br />End of October, 1998 <br />End of November, 1998 <br />End of December, 1998 <br />Completion of installation <br />System acceptance <br /> <br />$138,000 <br />$ 82,800 <br />$ 82,800 <br />$110,400 <br />$138,000 <br />$233,000 <br /> <br />IBM will invoice the actual costs of fees and permits after system acceptance. <br /> <br />Invoices are payable upon receipt. <br /> <br />. ~ <br /> <br />IBM Global Services &. La Porte ISO <br /> <br />peA 01 September 30.1998 <br /> <br />Page II orJ2 <br />