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I <br /> . - (�ad�3-- ►o� <br /> TRANSIT ADVERTISING BROKER AGREEMENT <br /> This Agreement is made between the City of Decatur Illinois hereinafter c lied"City"), <br /> and Houck Transit Advertising, hereinafter called "Contractor"). The Cit and the <br /> Inc., � ) Y <br /> Contractor in consideration of the mutual covenants contained herein, and for valuable <br /> considerations exchanged between the parties hereto, hereby agree as follows: <br /> 1. DEFINITIONS <br /> Advertising - the removable panel intended to be attached to the interior!and/or exterior of <br /> the City's standard transit coaches and the words, pictures and Symbols visible to the public <br /> which are put on the panel. <br /> Billing- The total of all payments that the Contractor requests from cliemts in a calendar <br /> month. <br /> Bus - A standard City transit coach for transporting passengers which is either in use or <br /> standing by as a spare on a daily basis,but not including a transit coach that is assigned to a <br /> contingency status in long term storage. The term "bus" shall not include trolley-replica <br /> transit coaches operated by the City. <br /> Client- The person or company that has entered into a contract with the(Contractor to install <br /> advertising on the City's buses. <br /> Eliminating buses - Selling buses or assigning buses to a contingency status in long term <br /> storage. <br /> 2. AGREEMENT DURATION <br /> This Agreement shall be in full force and effect for a period of five(5) years6 starting at 12:01 <br /> a.m. (CST) on November 1, 2013 and ending at 11:59 p.m. (CST) on Octobor 31, 2018,unless <br /> otherwise lawfully terminated under the provisions of this Agreement. <br /> 3. SCOPE <br /> The Contractor shall serve the following functions: <br /> • set and control the price of advertising space on the buses; <br /> • control the use of advertising space on the buses; <br /> • solicit and negotiate contracts for bus advertising; <br /> • refuse objectionable, inappropriate and illegal advertising content; <br /> • arrange the placement,removal and repair of signs; <br /> • handle all aspects of advertising contracts including invoicing, collection and legal issues; and <br /> • other services which may from time to time be required to fulfill the intent of this Agreement. <br /> - 1 - <br /> I <br />