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CONTRACT FOR SERVICES <br />THIS CONTRACT FOR SERVICES (the "Contract") is entered into as of May 1, 2023 <br />("Effective Date") by and between City of Pequot Lakes, MN ("Client") and Gila LLC, a Texas <br />limited liability company, d/b/a Municipal Services Bureau ("MSB"). The Client and MSB are <br />sometimes individually referred to as the Parry, or collectively referred to as the Parties. <br />RECITALS <br />WHEREAS, the Client desires for MSB to serve as their vendor to provide an online <br />payment acceptance solution, including credit/debit card and E- Check; and, <br />WHEREAS, MSB is in the business of providing payment processing services and <br />desires to provide an online payment acceptance solution, including credit/debit card and E-Check <br />for the Client. <br />NOW, THEREFORE, in consideration of the premises and for other good and valuable <br />consideration, the Parties hereby mutually agree as follows: <br />AGREEMENT <br />I. SCOPE OF SERVICES: Client hereby appoints MSB to perform the services described <br />in Exhibit A ("Services"), which is attached hereto and incorporated herein by reference. <br />The Client may, from time to time, request changes to the scope of services to be performed <br />hereunder. Such changes, including any increase or decrease in the amount of MSB's <br />compensation, shall be mutually agreed upon i n w ri t i n g between the Parties. <br />II. TERM: The initial term of this Contract shall be for two (2) years and shall commence <br />on the Effective Date. At the end of the initial term the Contract shall automatically renew <br />for additional one (1) year terms until terminated by either Parry in accordance with <br />Section IV of this Contract. <br />III. COMPENSATION: In consideration of the Services contemplated by this Contract, <br />MSB will receive a fee, as described in Exhibit B, attached hereto and incorporated <br />herein, during the term and in accordance with the provisions of this Contract. MSB's <br />compensation and the fees set forth in Exhibit B are specifically and expressly <br />approved and authorized by the Client. The compensation described in Exhibit B <br />constitutes all of the compensation payable to MSB in connection with the services set <br />forth in this Contract. <br />IV. TERMINATION: <br />a. Either Party shall have the right to terminate this Contract, with or without cause <br />and without liability or penalty (except as described below), by giving written <br />