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<br />Section 6: Contract Terms and Conditions <br />Upon selection of an artist(s) and their project(s), an agreement shall be entered into between the <br />EDA and the artist(s). It is expected that the agreement will provide for compensation for actual <br />work completed on a not to exceed basis and include at least the following conditions: Any changes <br />to the RFP would be communicated to the registered artists. <br /> <br />a. The EDA shall retain ownership of all renderings, mock ups, samples, photographs, <br />drawing, and the Project prepared pursuant to the selected artist’s proposal. <br />b. If, for any reason, the artist is unable to fulfill the obligations under the agreement in a <br />timely and proper manner, the EDA reserves the right to terminate the agreement by <br />written notice. In this event, the artist shall be entitled to just and equitable <br />compensation for any satisfactory work completed to that point at the discretion of the <br />EDA. <br />c. The artist shall not assign or transfer any interest in the agreement without prior written <br />consent of the EDA and city. <br /> <br />Registration Due Date/Time <br />Date <br />4:00 p.m. (CST) <br /> <br />Proposal Due Date/Time <br />Date <br />4:00 p.m. (CST) <br /> <br />Late Submittals will not be considered. <br /> <br /> <br /> <br /> 7 <br />