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CONTRACT FULFILLMENT <br />Superlative will work with the City of Elk River to develop a system that accurately tracks <br />the status of newly developed corporate partnerships. Our experience shows that <br />contract fulfillment requires participation from development, legal and accounting <br />functions to ensure high -quality partner relationships. <br />MANAGE AND AUDIT ONGOING RIGHTS <br />Superlative establishes post -contract review mechanisms to ensure that all benefits <br />owed to the City of Elk River are captured and that the organization is meeting its <br />obligations under these contracts. Superlative is a strong advocate of audits, especially <br />when payments are performance based. <br />ACTIVATION AND AUDIT (TERM OF AGREEMENT) <br />After delivery of a campaign agreement, the project team will assist the City of Elk River <br />in the activation and compliance of each aspect of that agreement. Specifically, <br />Superlative will: <br />• Finalize agreement terms and conditions; <br />• Assist the City of Elk River with the first year of activation of each Naming Right; <br />• Assist in the development of payment schedules and compliance issues; and <br />• Provide other services as requested by the City of Elk River. <br />PROGRESS REPORTS <br />Superlative understands that effective communication with the client is a critical part of <br />successful project delivery. As part of our standard reporting procedure, we use template <br />reports to provide sales updates: <br />Following all meetings with target companies regarding any Naming Rights, <br />corporate sponsorship or revenue -potential opportunity; <br />On a monthly basis, to provide the City of Elk River an update on activity during <br />the period. We discuss these periodic sales update reports on a scheduled <br />conference call. <br />Reports are prepared in a template and serve as a record of discussion during sales <br />meetings and log the following project details. Generally, our progress reports include <br />the following information: <br />• Project timescales and sale priorities <br />• Status of progress of deliverables in Scope of Services <br />• Status of all activities, events and efforts <br />• Summary of meetings and presentations <br />• Summary of activity regarding market interest and feedback <br />• Summary of communications with potential sponsors <br />• Any deviations from project deliverables or schedule <br />• Plan of activities for next 30 days <br />