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This Contract constitutes the entire Agreement between the parties for the services described and <br />all prior representations are merged herein, whether written or verbal. <br />TERM OF CONTRACT <br />The term of this contract shall be Thirty Six (36) Months from the commencement date and will <br />renew for consecutive Thirty Six (36) month terms, upon the conclusion of the initial term. To ensure <br />continuous sevice, this agreement will automatically renew for successive THIRTY SIX (36) month pe- <br />riods, unless either party timely serves written notice upon the other party of its intention to cancel <br />at least sixty (60) days before the end of the then current term. Notice shall be sent certified mail, <br />return receipt requested. <br />NONPAYMENT <br />The COMPANY reserves the right to discontinue this maintenance contract at any time, without no- <br />tice, in the event that timely payments are not made. <br />Invoices outstanding beyond thirty days shall incur a two percent (2%) interest charge, compound <br />monthly. <br />CONTRACT PRICE <br />The contract price for services rendered as herein stated shall be $1,500 DOLLARS per month plus <br />tax, in advance. <br />The foregoing price shall be adjusted yearly based upon increases in the cost of labor and materials. <br />These adjustments shall be made, and become effective as of the first day of the anniversary month <br />of each year thereafter. <br />In addition, the CUSTOMER shall pay the appropriate amount of tax based on sales hereunder, or <br />provide the Company with documentation of tax free status upon acceptance of this proposal. Pay- <br />ment termshare net 30. <br />GOVERNING LAW <br />This Agreement shall be governed by the internal laws of North Carolina and South Carolina without <br />regard to its choice of law rules. <br />4© Miller Elevator Services LLC All Rights Reserved Elevator Maintenance Program <br />Elevator Maintenance <br />Local Office: PO Box 20052 Winston Salem, NC 27120 <br />Office To Send Payment: PO Box 20052 Winston Salem, NC 27120 <br />Docusign Envelope ID: F93EEF47-0A21-495C-ABB6-76299D987545