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• <br /> 4✓ MACQUEEN EM-111-COMM 10/12/2023 <br /> PURCHASE AGREEMENT <br /> This Purchase Agreement(together with all attachments referenced herein,the"Agreement"),made and entered into by <br /> and between MacQueen Equipment,LLC,as a Delaware limited liability company DBA MacQueen Emergency <br /> ("MacQueen"),and City of Decatur,(customer)is effective as of the date specified in Section 3 hereof. <br /> 1. Definitions <br /> a. "Product"means the Frontline vehicle and any associated equipment furnished for the Customer by MacQueen, <br /> pursuant to the specifications. <br /> b. "Specifications"means the general specifications,technical specifications,orientation,and testing requirements <br /> for the Product contained in the MacQueen Proposal for the Product prepared in response to the Customer's <br /> p p <br /> request for proposal. <br /> c. "MacQueen Proposal"means the proposal provided by MacQueen attached as Exhibit C prepared in response to <br /> the Customer's request for proposal. <br /> d. "Delivery"means the date MacQueen is prepared to make physical possession of the Product available to the <br /> Customer. <br /> 2. Purpose <br /> This Agreement sets forth the terms and conditions of MacQueen's sale of the Product to the Customer. <br /> 3. Term of Agreement <br /> This Agreement will become effective on the date it is signed and approved by MacQueen's authorized representative <br /> pursuant to Section 22 hereof("Effective Date")and,unless earlier terminated pursuant to the terms of this <br /> Agreement,it will terminate upon the Customer's Acceptance and payment in full of the Purchase Price. <br /> 4. Purchase and Payment <br /> The Customer agrees to purchase the Product specified on Exhibit A for the total purchase price of$316,940.00 <br /> ("Purchase Price"). Prices are in US Funds. <br /> NOTE:Upon final inspection at the factory for pick-up or delivery,the customer will need to supply a <br /> "Certificate of Insurance"and"FULL PAYMENT"prior to release of the vehicle,unless prior arrangements <br /> for vehicle's release have been made. <br /> 5. Future Changes <br /> a) Various state or federal regulation agencies(e.g.,NFPA,DOT,EPA)may require changes to the Specifications <br /> and/or the Product and in any such event any resulting cost increases incurred to comply therewith will be added <br /> to the Purchase Price to be paid by the Customer. Any future drive train upgrades(engine,transmission,axles, <br /> etc.)or any other specification changes have not been calculated into our annual increases and will be provided <br /> at additional cost.Persistent Inflationary Environment:If the Producer Price Index of Components for <br /> Manufacturing[www.bls.gov Series ID:WPUID6112]("PPI")has increased at a compounded annual growth rate <br /> of 5.0%or more between the month Pierce accepts our order("Order Month")and a month 14 months prior to <br /> the then predicted Ready For Pickup date("Evaluation Month"),then pricing may be updated in an amount equal <br /> to the increase in PPI over and above 5.0%for each year or fractional year between the Order Month and the <br /> Evaluation Month.The Company will document and itemize any such price increase for the Customer's review <br /> and approval before proceeding. Should the customer choose not to accept the pricing update,the customer has <br /> the ability to cancel without penalty or cancellation fee. <br /> b) Due to the volatility within the commercial chassis supply chain,commercial chassis suppliers are not able to <br /> meet their commitments for shipping chassis to our factories,nor are they honoring their quoted prices. Please <br /> be aware the commercial chassis quoted price is subject to change by the commercial chassis supplier at any <br /> time,without notice. Any increases in price will be passed directly to the end customer. <br /> 6. Agreement Changes <br /> The Customer may request that MacQueen incorporate a change to the Products or the Specifications for the <br /> Products by delivering a change order to MacQueen;provided,however,that any such change order must be in <br /> writing and include a description of the proposed change sufficient to permit MacQueen to evaluate the feasibility of <br /> such change("Change Order").Within seven(7)business days of receipt of a Change Order,MacQueen will inform the <br /> Customer in writing of the feasibility of the Change Order,the earliest possible implementation date for the Change <br /> Order,of any increase or decrease in the Purchase Price resulting from such Change Order,and of any effect on <br /> 1 <br />