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i <br />I~ • <br />15.6 The rates and multiples for services of the Architect and the Architect's consultants as set <br />forth in this Agreement shall be adjusted in accordance with their normal salary review practices. <br />1.5.7 An initial payment of N/A Dollars <br />(s )shall be made upon execution of this Agreement and is the minimum <br />payment under this Agreement. It shall be credited to the Owners account at final payment. <br />Subsequent payments for services shall be made monthly, and where applicable, shall be in <br />proportion to services performed on the basis set forth in this Agreement. <br />ts.8 Payments are due and payable twenty five ( 25 )days from the date <br />of the Architect's invoice. Amounts unpaid fifteen ( 15 )days after the <br />invoice date shall bear interest at the rate entered below, or in the absence thereof at the Iegal rate <br />prevailing from time to time at the principal place of business of the Architect. <br />(Insert tale of interest agreed upon.) <br />(Usury Imes and requirements under the Federal'I'ruth in Lending Ad, similar stale and local consumer credit <br />laws cu+d other regtdations at the Owners andArchitect's principal plates of business, the lotation of the Project <br />and elsewhere may affect the validity of this provision. Specific legal advice should be obtained with respell to <br />deletions or rnodifrations, and also regarding requirements such as written disclosures or waivers.) <br />1s.9 If the services covered by this Agreement have not been completed r.Zthin <br />eighteen ( 18 )months of the date hereof, through no fault of the <br />Architect, e7.~tension of the Architect's services beyond that time shall be compensated as <br />provided in Paragraph 1.5.z. <br />This Agreement entered into as of the day and year first written abrn~e. <br />OWNER (Signature) ARCHITECT (signature) <br />(P+•intrd name and title) <br />Samuel Brockwell, President <br />(Printed Warne mid title) <br />CAlirloM: You sho++ld sign mr original AIM document or a licensed reproduction. Originals contain t1teAIAlogo <br />printed in red; licensed reproductio+rs are those produced in accordance with the Instructions to this document. <br />~IJAtt.'41trG: Unlicensed photocopying violates US. copyright laws and will subject the violator to legal proseMlon. <br />nat>a <br />....~ <br />1 <br />i!~j~~~• <br />~i'i~~ ~~ <br />t~ <br />X1997 AIA® <br />AIA DOCUMENT 8141-1997 <br />STANDARD FORM <br />AGREEMENT <br />The American institute <br />of Architects <br />1735 New York Avenue, N.W. <br />Washington, D.C. 20006-5292 <br />