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Car Sharing Program Agreement /o f /9 /0 Q0 /l- 0 776 7 AGREEMENT TO ESTABLISH A CAR - SHARING PROGRAM IN THE CITY OF MIAMI BEACH This Agreement to Establish a Car- Sharing Program between the City of Miami Beach, Florida (the "City "), and The Hertz Corporation ( "Hertz "), is made this / Ct day of Jor?cM6 1L 2011 (Commencement Date). The term "Agreement" shall refer, collectively, to this agreement and the exhibits attached hereto. Pursuant to the terms and conditions set forth in this Agreement, Hertz will launch a car - sharing program in the City (the "Program ") through its car- sharing business, Hertz on Demand, for the use and enjoyment of Hertz on Demand members. The Program is generally described in Exhibit A, attached hereto and made a part hereof. RECITALS WHEREAS, car-sharing programs are revolutiomzmg the way people commute within cities throughout the country, and a shared car service with pubhc access has been determined by the City to be a desirable and valuable mode of alternative pubhc transportation for the community; and WHEREAS, a shared car service program will alleviate parking demand, vehicular traffic congestion; reduce vehicle emissions and reliance on fossil fuels; and serve as a vital and integral part of the community; and WHEREAS, on September 10, 2008, the Mayor and City Commission authorized the issuance of Request for Proposals No. 42 -07/08 to Solicit Proposals for the Implementation, Management and Operation of a Shared Car Service Available to the Pubhc (the RFP); and WHEREAS, at its December 10, 2008 meeting, the Mayor and City Commission adopted Resolution No. 2008 - 26957, which accepted the recommendation of the City Manager pursuant to the RFP, and authorized the Administration to enter into negotiations with Hertz, as the top - ranked responsive proposer; and WHEREAS, the City owns and operates (or causes to be operated) certain municipal garages within the City of Miami Beach; and WHEREAS, the City seeks to educate the public about, and encourage participation in, car- sharing by designating certain parking spaces (the "Spaces ", as further defined in Section II (a) hereof) in the eight (8) municipal garages set forth in Exhibit B (the "Garages ", as further defined in Section II (a) hereof), attached hereto and hereby made a part hereof, in accordance with the terms hereof, for the exclusive use of Program vehicles. WHEREAS, accordingly, the City and Hertz have negotiated this Agreement for the implementation, management, and operation of the Program in the City by Hertz. NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants herein contained, and for other good and valuable consideration, the receipt and Page 1 of 26 sufficiency of which is hereby acknowledged, the Parties hereto, intending to be legally bound hereby agree as follows: I. THE PROGRAM /HERTZ'S OBLIGATIONS (a) Hertz will, on or before the ninetieth (90 day following the Commencement Date referenced on page 1 of this Agreement (the "Effective Date "), provide dedicated new, telematics- equipped car - sharing vehicles for the Program (the "vehicles "), in accordance with the terms and conditions set forth in this Agreement. Hertz may deploy vehicles and commence the Program prior to the Effective Date but, in such event, and for all other purposes of this Agreement, the Effective Date will remain the 90 day following the Commencement Date. (b) Each vehicle will, as of the Effective Date, be in good condition and repair, have less than 3,000 miles, and shall thereafter be replaced throughout the Term before the earlier of: the passage of three (3) Program Years (as hereinafter defined); or the accumulation of 36,000 miles; or as vehicle safety dictates. The quality and mix of vehicles allocated to the Program will be comparable to, or better than, the quality (and mix) of vehicles provided in other car - sharing programs, including not only those operated by Hertz in other cities, but also those operated by other major car sharing program operators. The condition and quality of the vehicles shall at all times be maintained in a manner that is consistent with good business practices and the standards for condition and quality of other comparable car sharing programs. Notwithstanding the preceding, Hertz shall, at a minimum, ensure that all vehicles are well- maintained, safe, and fully operable, in accordance with the highest standards in the car sharing industry and shall provide the following: • vehicle maintenance and repair (including, without limitation, all preventive maintenance, as well as emergency maintenance such as dead batteries, flat tires, etc); • interior and exterior cleaning at least twice a month; • fuel, by way of a Program- supplied debit or credit card for fuel purchases by the Program member; • 24/7 emergency roadside assistance (including towing, if needed); and • insurance coverage for drivers eighteen (18) years of age and older in accordance with the Terms and Conditions (as hereinafter defined). As of the Effective Date, Hertz will provide the vehicles to City of the classes set forth in Exhibit C, attached hereto and made a part hereof. Hertz may substitute vehicle makes and models, without City approval; provided Hertz agrees to use only makes and models, from a list of mutually agreed upon vehicle makes and models; which list will be provided by Hertz on or before the Effective Date and attached as Exhibit C - hereto. Hertz agrees to provide a diversified vehicle mix from among the vehicle classes set forth in Exhibit C for each Program Year for each Garage and for the Program as a whole, Page 2 of 26 provided that the goal of vehicle diversification shall be subordinate to the goal of maximizing member and vehicle usage. City will not remove or authorize the removal of a vehicle allocated to the Program from a Garage without Hertz's prior consent. Hertz shall maintain at least the following number of vehicles for each Program Year: Period No. of Vehicles First Program Year 20; Second Program Year 23; Third Program Year 35; Fourth Program Year 50; Fifth Program Year and Renewal Period (minimum) 63 — (maximum) 100. The Program vehicles (and the Spaces for same) shall be located within the Garages identified in Exhibit B hereto. Exhibit B also identifies the number and location of Program vehicles for the First Program Year. For each Program Year after the first Program Year, Hertz will notify the City, in writing, at least thirty (30) days in advance, regarding which vehicles and how many vehicles it will place in each Garage, with the purpose of maximizing member and vehicle usage. Notwithstanding the preceding, the City Manager shall make the final determination with regard to the placement of any and all additional Program vehicles to be added in subsequent Program Years. The Manager's discretion shall extend both as to the designation of the particular Garage, and the location of the Spaces therein, for such additional Program vehicles; provided, however, that the overall number of Spaces shall at all times be equal to the then - applicable number of Program vehicles allocated for that Program Year (as set forth in the chart above, as such numbers may be increased or decreased in accordance with the terms of this Agreement). Hertz may not increase or decrease the number of vehicles at any time during any given Program Year without the City Manager's prior written approval, which approval shall not be unreasonably withheld. Notwithstanding the preceding, at no time during the Term, shall Hertz decrease the number of Program vehicles below 20, nor shall the number of vehicles exceed 100. If Hertz reduces the number of vehicles below the minimum number of 20, the City may terminate this Agreement for cause, as provided in Section I (d) (1) hereof. Page 3 of 26 (c) Term. The initial term of this Agreement will be for five (5) years from the Effective Date (the "initial term "). This Agreement may be renewed, at the sole discretion of the City, and upon written notice to Hertz at least sixty (60) days prior to the expiration of the initial term. If so approved and exercised by the City, the renewal term shall be for an additional five (5) year term (the "renewal term "), commencing immediately after the expiration of the initial term. The initial term and the renewal term shall collectively be referred to as the "Term." A "Program Year" shall mean the annual period commencing on the Effective Date, and ending on the date immediately preceding the first anniversary of the Effective Date, and each successive annual period commencing on an anniversary of the Effective Date. (d) (1) Termination for Cause. Either party may terminate this Agreement for cause if the other party is in material breach of this Agreement, upon thirty (30) days' written notice; provided that the breaching party fails to cure the breach within thirty (30) days following receipt of written notice of such breach. No termination for cause will be deemed a waiver of any claim for damages by the defaulting party. If it should be determined that this Agreement was improperly terminated for cause, then such termination shall be deemed a termination for convenience. (2) Termination for Convenience. Notwithstanding subsection (d) (1) above, or any other term or condition of this Agreement, either party may also terminate this Agreement for convenience (i.e. for any reason and without any liability therefor) upon ninety (90) days' written notice to the other party. (3) Surrender of Spaces. At the expiration of this Agreement, or in the event of termination of the Agreement, Hertz shall surrender the Spaces in the same condition as the Spaces were prior to the Commencement Date of this Agreement, reasonable wear and tear excepted. The Spaces shall be returned in good order and repair and free from any hazardous substances which arrived thereon through the acts or omissions of Hertz, its employees, agents or contractors during the Term. Hertz shall remove all its vehicles (and any and all other equipment, fixtures, personal property, etc.) within thirty (30) days from the expiration or termination date of the Agreement, unless a longer time period is agreed to, in writing, by the City Manager or his/her authorized designee, who shall be the City's Parking Director. Hertz's obligation to observe or perform this covenant shall survive the expiration or other termination of this Agreement. Continued occupancy of the Spaces (or of all or any portion of the Garages) after such thirty -day or longer agreed -to period following expiration or termination of the Agreement shall constitute trespass by Hertz, and may be prosecuted by the City as such. In addition, Hertz shall pay to the City five hundred dollars ($500) per day as liquidated damages for such trespass and holding over. (e) Program usage rates are set forth in Exhibit D, attached hereto and made a part hereof. The Program rates in Exhibit D hereto shall not be increased during the first Program Year. Thereafter, at the beginning of each Program Year (starting with the second year), Hertz may increase the Program usage rates by up to 10% (over the Program usage rates Page 4 of 26 for the prior Program Year) without the City's consent or approval. If Hertz proposes to change the Program usage rates by more than 10% (over the Program usage rates for the prior Program Year), then Hertz must obtain the prior written approval of the City Manager, which approval shall not be unreasonably withheld. (f) Vehicles allocated to the Program will be available to Hertz on Demand members, whether or not such members are residents of the City, or otherwise affiliated with the City. City will permit Hertz on Demand members to come onto the Garages referenced in Exhibit B for the sole and limited purpose of accessing and returning the vehicles in conjunction with Program usage. (g) Each applicant will be required to satisfy Hertz's membership criteria for Hertz on Demand. The applicable terms and conditions for membership in Hertz on Demand and use of Hertz on Demand vehicles are available on the Hertz on Demand website (the "Terms and Conditions "), and are incorporated herein by reference. This Agreement shall not be construed to modify said Terms and Conditions, which Hertz reserves the right, in its sole discretion, to amend from time to time. The Program membership agreement entered into by a successful applicant is an agreement between Hertz and the member only; it is understood that the City is not a party to such agreement and, as such, the City shall not be entitled to the rights or subject to the obligations thereof. Accordingly, the City have no liability, whether to Hertz, successful applicants, Program members, and /or to any other third parties, as to any membership agreement and /or the Terms and Conditions. (h) Hertz's Member Care Center will be the point of contact for calls for assistance from Hertz on Demand members associated with the Program. Ongoing administration of the Program shall be the sole responsibility of Hertz. Accordingly, on or before the Commencement Date, Hertz shall designate, and provide notice of same in writing to the City, a supervisory /management level employee, similar to an Area Manager, who would serve as the primary contact for the City with the authority to represent, correspond, and act on behalf of Hertz with regard to Hertz's obligations, and the day -to -day administration of the Program. Except as may be otherwise expressly provided herein, the City's Parking Director shall be the primary contact for Hertz with the authority to represent, correspond, and act on behalf of the City with regard to the City's obligations, and the day -to -day administration of this Agreement. (i) The City and Hertz will mutually agree upon the best methods for advertising and marketing the Program. On or before the Commencement Date, Hertz shall designate, and provide notice of same in writing to the City, a manager/ team/department to act as a marketing liaison between Hertz and the City. City shall designate an individual within the City Administration to coordinate the marketing and promotion of the Program in the City. Page 5 of 26 The City will market and promote the Program in its sole discretion and determination (except that City shall obtain any approvals required by Hertz herein with regard to Program marketing). Hertz and City will discuss the best methods of advertising and marketing the Program. Hertz will design marketing collaterals (e.g., flyer) and provide City with soft copy files (pdf's, jpeg's, tiff's, etc.) for such collaterals. All marketing collaterals shall be subject to the City Manager, or his/her authorized designee's (who shall be the individual designated in subsection (i) above) prior written approval, not to be unreasonably withheld. Program marketing efforts may include, but shall not be required, at City's sole discretion and determination: news stories in the local media; City advertising; advertisements in City's newsletters, newspapers, etc.; posters; internet links from the City's website; brochures; and postcards sent to persons related to City. Should City elect to produce marketing materials for distribution through all or any of the aforestated channels, such materials will be subject to Hertz's approval, not to be unreasonably withheld. Notwithstanding the preceding, the City shall be solely responsible for determining the means, manner, and methods for marketing and promoting the Program; provided, however, that the City's marketing and promotion plan(s) shall be subject to Hertz's review and approval, which will not be unreasonably withheld. Hertz will make the Program available on the Hertz on Demand website. Individuals may use the Hertz on Demand website to become Hertz on Demand members and to reserve and use Program vehicles. Neither party may use the other's name, trademark(s), or logo(s) without the prior written consent of the other, which shall not be unreasonably withheld. Notwithstanding the preceding, City gives Hertz permission to identify City as a Hertz on Demand client in Hertz marketing material(s), whether or not such material is connected to the Program, and to use the City's name, trademark(s), and /or logo(s) in connection therewith. (j) (1) In consideration for the right to use the Spaces during the Term, from and after the Effective Date, Hertz shall pay to the City the following Base Payment (as hereinafter defined), plus Commission (as hereinafter defined), for each Program Year; provided that no Base Payment or Commission shall be payable for the first one hundred eighty (180) days [six (6) months if monthly periods are calendar months] of the initial five -year term: (A) Definitions (i) "Base Payment" shall mean a monthly payment equal to Seventy -Five Dollars and 00 /100 ($75.00) per Space. (ii) "Commission" shall mean an annual payment equal to a percentage of Gross Revenues (as hereinafter defined) for the applicable Program Year, as set forth in subsections (B) and (C) below. (iii) "Gross Revenues" shall mean the total revenue from rental of the Program vehicles by Hertz on Demand members (that is, the aggregate of the then - applicable Program usage rates times the period of time rented) Page 6 of 26 actually paid to Hertz for a given Program Year, provided that Gross Revenues specifically excludes applicable taxes, surcharges, or penalties. (B) Initial Five -Year Term Period Commission First Program Year 0% Second Program Year 0% Third Program Year .5% Fourth Program Year .75% Fifth Program Year 1% (C) Five -Year Renewal Term Period Commission Sixth Program Year 1% Seventh Program Year 1%, Eighth Program Year 1%1 Ninth Program Year 1 Tenth Program Year 1%! (2) Hertz shall provide to City monthly written reports, in such form as shall be agreed upon between Hertz and the City's Parking Director (with the first report due one (1) month following the Effective Date) and will include metric such as vehicle usage, the number of Program members enrolled, and members' usage of vehicles. From and after the commencement of the third Program Year, Hertz will provide City with monthly reports summarizing the Gross Revenues and Commissions. II. CITY'S OBLIGATIONS (a) City shall provide Hertz with a limited license to use dedicated and reserved parking spaces commensurate with the number of Program vehicles actually provided pursuant to Section I(b) and Exhibit C hereof (as that n umber may be increased or decreased in accordance with the terms of this Agreement), and shall designate the same for the exclusive use of the Program (collectively, the "Spaces" and each, individually, a "Space ") in the City owned garages listed in Exhibit B (collectively, the "Garages" and each, individually, a "Garage "). The location of the Spaces shall be determined by the City Manager, or his authorized designee (who shall be the City's Parking Director), in Page 7 of 26 his/her sole and absolute discretion. Upon thirty (30) days' prior written notice to Hertz, the City Manager may relocate the Spaces within each Garage, with City only responsible for the cost associated with relocation of stall signage; provided the overall number of Spaces shall at all times be equal to the then applicable number of Program vehicles allocated for that Program Year (as set forth in Article I(b) hereof, as such numbers may be increased or decreased in accordance with the terms of this Agreement). If the City desires to reallocate the Spaces among the Garages, it shall notify Hertz of its desire, identifying its proposed reallocation, and Hertz shall, within thirty (30) days of receipt of such notice, establish a new vehicle allocation among the Garages in an effort to accommodate the City's desire without compromising member or vehicle usage. Hertz understands and acknowledges that the Spaces and the Garages are the property of the City and not of Hertz and, as such, Hertz will not assert the City's property as its own or otherwise offer the City's property as collatera1 to any third party. Hertz shall keep the Spaces (and the Garages) free from any liens arising out of any work performed, materials, furnished, or any other obligation incurred by Hertz. (b) City shall use reasonable commercial efforts to ensure that the Spaces are available and accessible twenty -four (24) hours, seven (7) days per week (e.g. including towing, or having towed, vehicles parked in such Spaces that are not allocated to the Program). Notwithstanding the preceding sentence, or any other term or condition of this Agreement, Hertz accepts the Spaces and the Garages in their respective "AS IS" "WHERE IS" condition. City agrees to maintain the Spaces consistent with Citywide practices; provided, however, that Hertz shall assume sole responsibility and expense for day to day housekeeping of the Spaces and for maintaining a neat and orderly operation which, at a minimum and without limitation, shall include daily removal of litter, garbage, and debris during all days/hours of operation. Hertz shall not permit the accumulation of refuse, or dispose of liquid or other waste, in or about the Spaces, nor cause or permit any nuisance or other condition or act that may interfere with the authorized use of the Spaces for the Program. City shall be entitled to enter onto the Spaces at any time and for any purpose including, but not limited to, maintenance and inspection of the Spaces and /or the Garages. If the City requires Hertz to temporarily relocate a vehicle within a Garage to perform such maintenance or inspection, the City shall provide Hertz with at least five (5) days prior notice specifying where the vehicle(s) are to be relocated and for how long. Hertz shall be responsible for moving vehicles that interfere with the regular maintenance of the Spaces and /or the Garages. (c) City shall be responsible for installing signage, designating each Space for Hertz's exclusive use for the Program (which signage may also include Tow Away Notices, corporate signage, directional signage, and informational . signage). All such signage shall be provided by Hertz, at its expense. The City Manager shall have the right to approve the size, placement, and form of any signage prior to its installation, which approval shall not be unreasonably withheld. The City Manager shall be the final authority with regard to the placement and location of any approved signage within a particular Garage; provided, however, that he /she shall make reasonable, good faith efforts to ensure that Page 8 of 26 such signage shall be placed in, on or about the exterior of the Garages in high visibility locations. Hertz will own the signs and maintain the signs after installation by the City. Hertz will promptly replace any damaged or missing signage, at its sole cost and expense. Hertz shall have the right to use its usual trademarks and logos in its signage. (d) If the number of vehicles allocated to the Program is increased as provided in Section I (b), then City will provide additional Spaces for such vehicle(s) in accordance with this Section II. (e) During the Term, City shall not enter into any agreement, discussions, or negotiations preparatory to entering into any agreement with any other entity to make a car- sharing service available on City property. (f) Notwithstanding anything to the contrary contained herein, the City, and/or its officers, employees, or contractors, shall not be liable for any damage to Hertz's vehicles, provided that any such damage was not directly caused by the gross negligence or willful misconduct of the City, or of its officers, employees, or contractors. III. INSURANCE and INDEMNITY (a) Hertz shall maintain, at its sole cost and expense, the following types of insurance coverage at all times throughout the Term: 1. Comprehensive General Liability, in the minimum amount of One Million Dollars ($1,000,000) per occurrence for bodily injury (including death), property damage, and personal injury. This policy must also contain coverage for premises operations, products and contractual liability. 2. Workers Compensation Insurance shall be provided as required under the laws of the State of Florida. 3. Automobile Insurance for any vehicles operated by Hertz in connection with this Agreement and /or the Program, shall be provided covering all owned, leased, and hired vehicles and non - ownership liability for not less than the following limits: Bodily Injury (including death) $1,000,000 per person Bodily Injury (including death) $1,000,000 per accident Property Damage $1,000,000 per accident Subject to subsection III (c) below, failure to procure or maintain the required insurance coverage(s) shall, at the City Manager's discretion, either (i) constitute an automatic default of the Agreement under which the City may, upon written notice to Hertz, immediately terminate the Agreement for cause; or (ii) in its sole Page 9 of 26 discretion, the City may obtain the insurance itself, in which case said insurance shall be charged back to the Hertz as provided in the following paragraph. The policies of insurance referred to above shall not be subject to cancellation or changing coverage except upon at least thirty (30) days prior written notice to the City, and then only subject to the prior written approval of the City Manager or his/her designee, who shall be the City's Risk Manger. Prior to the Commencement Date, Hertz shall provide City with a Certificate of Insurance for each such policy. ALL POLICIES SHALL NAME THE CITY OF MIAMI BEACH FLORIDA AS AN ADDITIONAL INSURED. Subject to subsection III (c) below, all such policies shall be obtained from companies authorized to do business in the State of Florida with an A.M. Best's Insurance Guide (latest edition) rating reasonably acceptable to the City's Risk Manager, and any replacement or substitute company shall also be subject to the approval of the City's Risk Manager. Should Hertz fail to obtain, maintain or renew the policies of insurance referred to above, in the required amounts, the City may, at its sole discretion, automatically terminate this Agreement for Cause or, in the alternative, after at least ten (10) business days' prior written notice to Hertz and without Hertz obtaining, maintaining or renewing such insurance, obtain such insurance, and any sums expended by City in obtaining said insurance, shall be repaid by Hertz to City, plus ten percent (10 %) of the amount of premiums paid to compensate City for its administrative costs. If Hertz fails to repay City's expenditures within fifteen (15) days of demand, the total sum owed shall accrue interest at the rate of twelve percent (12 %) until paid, or, at its option, the City may declare the Agreement in default pursuant to Section I(d)(1) hereof. The terms of insurance policies referred to in this subsection shall preclude subrogation claims against Hertz, the City and their respective officers, employees, contractors, and agents. (b) Hertz shall indemnify, defend, and hold harmless the City, and its officers, employees, agents, contractors and assigns ( "City Indemnitees"), from and against all liabilities, obligations, losses, damages, penalties, claims, actions, suits, costs, charges, subrogations, and expenses including reasonable legal and other professional fees and expenses and expert witnesses, which may be imposed upon or incurred by or asserted against the City Indemnitees (collectively "Damages "), or any of them, by reason of actual or alleged (1) injury or death to persons (including, without limitation, one or more of the City Indemnitees, or of Hertz and /or its officers, directors, employees, contractors, agents, or assigns); or (2) damage to the property of any person or legal entity (including, without limitation, the property of one or more of the City Indemnitees, and the property of Hertz and /or its officers, directors, employees, contractors, agents, or assigns), in either case resulting from or arising out of (i) the operation by Hertz, its officers, directors, employees, contractors, or agents of any vehicles used for or associated with Hertz's operations under the Program and/or this Agreement; (ii) the use of the Spaces and /or the Garages by Hertz, its officers, directors, employees, contractors, or agents; or (iii) any or all work, services, and /or obligations performed and /or provided under the Program or this Agreement by Hertz, and/or its officers, directors, employees, contractors or agents. The foregoing agreement to indemnify, defend and hold the City Indemnitees harmless shall not be applicable to the extent that such Damages are caused by the willful Page 10 of 26 misconduct or gross negligence of the City Indemnitees or are caused by Hertz on Demand members. The provisions of this subsection (b) shall survive the termination or expiration of this Agreement. (c) Hertz's insurance coverage shall be primary as respects City Indemnitees. Any insurance or self insurance maintained by the City, and /or by any City Indemnitee, shall be in excess of Hertz's insurance and shall not contribute with it. Except for Worker's Compensation insurance, Hertz shall have the right to self insure the coverages required by this Agreement, provided that Hertz has and maintains a net worth of at least $50 million. Hertz shall provide a certificate of insurance to evidence the coverages required by this Agreement, and failure to provide such certificate of insurance shall be deemed a material breach of this Agreement. (d) It is understood and agreed by Hertz that its liability to City, and /or to the City Indemnitees, shall not in any way be limited to or affected by the amount of insurance coverage required or carried by Hertz under this Agreement. IV. GENERAL TERMS and CONDITIONS (a) Hurricane Evacuation Plan. Hertz agrees that upon the issuance of a Hurricane Warning by the Miami -Dade County Office of Emergency Management, it shall ensure that all vehicles and any and all other items used in connection with the Program or this Agreement shall be secured. Additionally, and notwithstanding the foregoing, Hertz agrees that upon receipt of notification from the City, whether in writing or verbally, which may be communicated to Hertz via telephone, fax and /or email, all vehicles and any and all other items used in connection with the Program or this Agreement shall be removed from the Spaces and the Garages and stored at a private, off -site location, within 24 hours of said notification. Hertz's failure to remove vehicles and any and all other items used in connection with the Program or this Agreement upon notice from the City, and within the time period provided in this subsection, may, at the City Manager's sole discretion, constitute an automatic default of the Agreement under which the City may, upon written notice to Hertz, immediately terminate this Agreement for cause. (b) City Business Tax Receipt. Hertz shall obtain, and maintain current and in good standing throughout the Term, at its sole cost and expense, a Business Tax Receipt (BTR) required by City law, as amended from time to time, for the proposed uses contemplated under this Agreement. (c) Late Payment. Any payment which Hertz is required to make to City which is not paid on or before the respective date provided for in this Agreement shall be subject to be a penalty of $50.00 Page 11 of 26 per day assessed for late or delinquent payments, along with simple interest accruing to the City at the rate of ten (10 %) percent per annum, from the due date of payment until such time as payment is actually received by the City. Payments shall be considered late when paid five (5) days after the due date. Interest shall accrue beginning with the tenth (10th) day following due date. (d) Sales and Use Tax. It is also understood that, if applicable, the required Florida State Sales and Use Tax shall be added to Hertz's payments and forwarded to the City as part of said payments. It is the City's intent that it is to receive all payments due from Hertz as net of such Florida State Sales and Use Tax. The City represents that, as of the Commencement Date, it does not assess or impose any City tax or surcharge on payments for use of parking spaces. (e) Maintenance and Examination of Records. Hertz shall maintain current, accurate, and complete financial records on an accrual basis of accounting related to the Program and its operations pursuant to this Agreement. Systems and procedures used to maintain these records shall include a system of internal controls and all accounting records shall be maintained in accordance with generally accepted accounting principles and shall be open to inspection and audit, by the City Manager or his/her designee upon reasonable prior notice and during normal business hours. Such records and accounts shall include a breakdown of gross revenues, expenses, and profit and loss statements, and such records shall be maintained as would be required by an independent CPA in order to audit a statement of annual gross revenues and profit and loss statement pursuant to generally accepted accounting principles. (f) Inspection and Audit. Hertz shall maintain its financial records pertaining to its operations for a period of three (3) years after the conclusion of the initial term, or (if approved) the renewal term, and such records shall be open and available to the City Manager or his/her designee, as deemed necessary by the City Manager or his/her designee. Hertz shall maintain all such records at its principal office, currently located at 225 Brae Boulevard, Park Ridge, New Jersey, 07656; provided, however, that all such records shall be relocated, at Hertz's expense, to a location within the City of Miami Beach, within ten (10) days' written notice from the City Manager or his/her designee that the City desires to review said records. Subject to V.(n), The City Manager or his/her designee shall be entitled to audit Hertz's records pertaining to its operation as often as it deems reasonably necessary throughout the Term, and three (3) times within the three (3) year period following termination of the Agreement, regardless of whether such termination results from the natural expiration of the Term or for any other reason. The City shall be responsible for paying all costs associated with such audits, unless the audit(s) reveals a deficiency of five percent (5 %) or more in Hertz's statement of gross receipts for any year or years audited, in which case Page 12 of 26 the firm shall pay to the City, within thirty (30) days of the audit being deemed final (as specified below), the cost of the audit and a sum equal to the amount of the deficiency revealed by the audit, plus interest; provided, however, the audit shall not be deemed final until Hertz has received the audit and has had a reasonable opportunity to review the audit and discuss the audit with the City. Nothing contained within this subsection shall preclude the City's audit rights for resort tax collection purposes. From and after the commencement of the third Program Year, Hertz shall submit at the end of each remaining Program Year of the initial term (and, if approved, the renewal term), a certified audited annual statement of Gross Revenues from the Program, in a form consistent with generally accepted accounting principles. These statements will be provided by Hertz's internal accounting or operating departments. It is Hertz's intent to stay informed of comments and suggestions by the City regarding Hertz's performance under the Agreement. Within thirty (30) days after the end of such Program Year, Hertz and City may meet to review Hertz's performance under the Agreement. At the meeting, Hertz and City may discuss quality, operational, maintenance and any other issues regarding Hertz's performance under the Agreement. (g) Taxes, Assessments, and Utilities. Hertz agrees to and shall pay before delinquency all taxes (including but not limited to ad valorem resort taxes) and assessments of any kind assessed or levied upon Hertz by reason of this Agreement or by reason of the business or other activities and operations of Hertz upon or in connection with the Program and /or its use of the Spaces and /or the Garages in connection therewith. Hertz will have the right, at its own expense, to contest the amount or validity, in whole or in part, of any tax and/or assessment by appropriate proceedings diligently conducted in good faith. Hertz may refrain from paying a tax or assessment to the extent it is contesting the assessment or imposition of same in a manner that is in accordance with law; provided, however, if, as a result of such contest, additional delinquency charges become due, Hertz shall be responsible for such delinquency charges, in addition to payment of the contested tax and/or assessment if so ordered. Hertz shall also pay for any fees imposed by law for licenses or permits for any business, activities, or operations of Hertz upon the City's property including, without limitation, the Spaces and /or the Garages. The City represents that, as of the Commencement Date, it does not assess or impose any City tax or surcharge on payments for use of parking spaces. Utilities. No utilities will be provided by the City in connection with Hertz's operations under this Agreement. (h) No Dangerous Materials. Hertz agrees not to use or permit in the Spaces and /or the Garages the storage and /or use of gasoline, fuel oils, diesel, illuminating oils, oil lamps, combustible powered electricity Page 13 of 26 producing generators, turpentine, benzene, naphtha, propane, natural gas, or other similar substances, combustible materials, or explosives of any kind, or any substance or thing prohibited in the standard policies of fire insurance companies in the State of Florida. Any such substances or materials found being used within or in the vicinity of the Spaces, or otherwise in the Garages, shall be immediately removed and shall be considered cause for default and /or termination. Notwithstanding any contrary provisions of this Agreement, Hertz, after the Effective Date, shall indemnify and hold the City harmless from any loss, damage, cost, or expense of the City, including, without limitation, reasonable attorney's fees, incurred as a result of, arising from, or connected with the placement by Hertz, and /or its officers, directors, employees, contractors, agents, or assigns after the Effective Date, but during the Term, of any hazardous substance or petroleum products on, under, in, upon, or in the vicinity of the Spaces, or on, under, in, or upon the Garages, as those terms are defined by applicable Federal and State Statute, or any environmental rules and environmental regulations promulgated thereunder; provided, however, Hertz shall have no liability in the event of the willful misconduct or gross negligence of the City, its agents, servants or employees. The provisions of this subsection (h) shall survive the termination or earlier expiration of this Agreement. (i) Security. Hertz shall be responsible for and provide reasonable security measures which may be required to protect the vehicles. Under no circumstances shall the City be responsible for any stolen or damaged goods, facilities, materials and /or other equipment including, but not limited to, the vehicles, nor shall City be responsible for any stolen or damaged personal property of Hertz's employees, contractors, agents, vendors, patrons, guests, invitees, and/or any other third parties. (j) Maintenance of Vehicles. Hertz shall not permit the use of any vehicle, in a state of repair that violates any Municipal, County, State or Federal Laws. Vehicles may only be driven and /or parked in areas designated for such purposes and as provided for by applicable law. (k) Inspection. Hertz agrees that the vehicles and/or the Spaces, and /or the Garages may be inspected at any time during days and hours of operation by the City Manager or his/her designees, or by any other municipal, County, State officer, or agency having responsibilities for inspections of such operations. Hertz hereby waives all claims against the City for compensation for loss or damage sustained by reason of any interference (which interference, if by the City, must be reasonable) with its operations by any public agency or official in enforcing their duties or any laws or ordinances. Any such interference Page 14 of 26 (which interference, if by the City, must be reasonable) shall not relieve Hertz from any obligation hereunder. (1) Force Majeure. Neither party shall be obligated to perform hereunder and neither party shall be deemed to be in default if performance is prevented by: a. earthquake; hurricane; flood; act of God; civil commotion occurring at the Garages during or in connection with any event or other matter or condition of like nature; or b. any law, ordinance, rule, regulation or order of any public or military authority stemming from the existence of economic or energy controls, hostilities, or war. (m)Waiver of Loss from Hazards. Hertz hereby expressly waives all claims against the City for loss or damage sustained by Hertz resulting from fire, water, natural disasters /acts of God (e.g. hurricane, tornado, etc.), civil commotion, riot, or any other Force Majeure contemplated in subsection (1) above, and Hertz hereby expressly waives all rights, claims, and demands against the City and forever releases and discharges the City of Miami Beach, Florida, from all demands, claims, actions and causes of action arising from any of the aforesaid causes. (n) Notices. All notices from the City to Hertz shall be deemed duly served upon receipt, if mailed by registered or certified mail, return receipt requested, or by nationally recognized overnight courier to Hertz at the following address: The Hertz Corporation Attn: Mr. Jordan Reber Carsharing Senior Director 225 Brae Boulevard Park Ridge, New Jersey 07656 With copies to: The Hertz Corporation Attn: Hertz on Demand 225 Brae Boulevard Park Ridge, New Jersey 07656 All notices from Hertz to the City shall be deemed duly served upon receipt, if mailed by registered or certified mail, return receipt requested, or by nationally recognized overnight courier to the City of Miami Beach at the following addresses: Page 15 of 26 City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, FL 33139 Attn: City Manager With copies to: City of Miami Beach Parking Department 309 -23 Street, Suite 200 Miami Beach, FL 33139 Attn: Parking Director Hertz and the City may change the above mailing address at any time upon giving the other party written notification. All notices under this Agreement must be in writing. (o) Compliance. Hertz shall comply with all applicable City, Miami -Dade County, State, and Federal ordinances, statutes, rules and regulations, including but not limited to all applicable environmental City, County, State, and Federal ordinances, statutes, rules and regulations relating to its obligations under this Agreement. (p) Equal Employment Opportunity. Neither Hertz nor any affiliate of Hertz performing services hereunder, or pursuant hereto, will discriminate against any employee or applicant for employment because of race, creed, sex, color, national origin, sexual orientation, and disability, as defined in Title I of ADA. Hertz will take affirmative steps to utilize minorities and females in the work force and in correlative business enterprises. (q) No Discrimination. Hertz agrees that there shall be no discrimination as to race, sex, sexual orientation, gender identity, color, national origin, marital familial status, religion, disability, or age, in its employment practice or in the operations referred to by this Agreement. All operations and services offered shall be made available to the public, subject to the right of Hertz and the City to establish and enforce rules and regulations to provide for the safety, orderly operation and security of the operations and the facilities. Pursuant to the City's Human Rights Ordinance (as same may be amended from time to time), Hertz, by executing this Agreement, certifies that it does not discriminate in its membership or policies based on race, color, national origin, religion, sex, sexual orientation, gender identity, marital or familial status, disability, or age. Page 16 of 26 Hertz agrees and acknowledges that, as applicable, it shall comply with American with Disabilities Act (ADA) standards, Florida Accessibility Code standards, and any other applicable accessibility standards required by law. (r) Not a Lease. It is expressly understood and agreed that no part, parcel, building, facility, equipment or space including, without limitation, all or any portion of the Spaces and/or the Garages, is /are leased to Hertz; that Hertz is not a lessee; and that Hertz's right to operate under this Agreement shall continue only so long as this Agreement remains in effect. (s) No Third Party Beneficiary. Nothing in this Agreement shall confer upon any person or entity, other than the parties hereto and their respective successors and permitted assigns, any rights or remedies by reason of this Agreement. (t) Limitation of Liability. The City desires to enter into this Agreement only if in so doing the City can place a limit on its liability for any cause of action for breach of this Agreement, so that its liability for any such breach never exceeds the sum of $10,000.00. Hertz hereby expresses its willingness to enter into this Agreement with a $10,000.00 limitation on recovery for any action for breach of contract. Accordingly, and in consideration of the separate consideration of $10.00, the receipt of which is hereby acknowledged, the City shall not be liable to Hertz for damages to Hertz in an amount in excess of $10,000.00, for any action for breach of contract arising out of the performance or non - performance of any obligations imposed upon the City by this ' Agreement. Nothing contained in this paragraph or elsewhere in this Agreement is in any way intended to be a waiver of limitation placed upon the City's liability as set forth in Florida Statutes, Section 68.28. V. MISCELLANEOUS TERMS AND CONDITIONS (a) Other than warranting that it has the right to enter into this Agreement and its performance of this Agreement, NEITHER PARTY MAKES ANY WARRANTIES OR CONDITIONS, EXPRESS OR IMPLIED OR STATUTORY, INCLUDING THOSE WARRANTIES OR CONDITIONS OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. NO WARRANTY IS MADE THAT THE PROGRAM AND THE SERVICES PROVIDED HEREUNDER WILL MEET CITY'S REQUIREMENTS. (b) This Agreement is intended for the exclusive benefit of the parties executing it and their permitted successors and assigns, and, to the fullest extent permitted by applicable law, no other person or entity shall have rights hereunder whether as a third -party beneficiary or otherwise. Page 17 of 26 (c) Neither party shall have the right to assign this Agreement without the prior written consent of the other party. (d) This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida, both substantive and remedial, without regard to principles of conflict of laws. The exclusive venue for any litigation arising out of this Agreement shall be Miami -Dade County, Florida, if in state court, and the U.S. District Court, Southern District of Florida, if in federal court. BY ENTERING INTO THIS AGREEMENT, HERTZ AND CITY EXPRESSLY WAIVE ANY RIGHTS EITHER PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF, THIS AGREEMENT. (e) This Agreement shall be construed without the aid of any rule of law requiring or permitting construction against the drafter of the Agreement or the portion(s) of the Agreement in question, it being agreed that all parties hereto have expressly and freely agreed to the content of this Agreement. (f) This Agreement constitutes the entire agreement and understanding between and among the parties with respect to the subject matter hereof and supersedes all other prior or contemporaneous oral agreements, understandings, undertakings and negotiations of the Parties. (h) If any term in this Agreement is found by competent judicial authority to be unenforceable in any respect, the validity of the remainder of this Agreement will be unaffected, provided that such unenforceability does not materially affect the parties' rights under this Agreement. (i) The provisions set forth in the following Sections and subsections of this Agreement will survive after termination or expiration of this Agreement and will remain in effect until fulfilled: the indemnities in Section III (b) and Section IV (h); and the provisions in Section V. (j) Neither Hertz nor any personnel of Hertz will for any purpose be considered employees or agents of City. Hertz assumes full responsibility for the actions of Hertz's personnel, and is solely responsible for their supervision, daily direction and control, payment of salary (including withholding income taxes and social security), worker's compensation and disability benefits. (k) Neither City nor any personnel of City will for any purpose be considered employees or agents of Hertz. City assumes full responsibility for the actions of City's personnel, and is solely responsible for their supervision, daily direction and control, payment of salary (including withholding income taxes and social security), worker's compensation and disability benefits. (1) The relationship of Hertz and City is solely that of independent contractors. (m)Neither party shall be liable to the other for any indirect, incidental, special or consequential damages, including lost profits or interruption of business. Page 18 of 26 (n) Neither City nor any of its employees, agents or representatives shall disclose to any third party or use any trade secret, business, commercial, technical, financial, strategic or other proprietary and confidential information furnished by or on behalf of Hertz to City relating to Hertz's operation of the car sharing program at City ( "Confidential Information ") for any purpose except in furtherance of assessing the performance and expected performance of the car sharing program at City. City shall take all steps reasonably required to maintain the confidentiality of Confidential Information in its possession, and will use the same standard of care to protect the Confidential Information as City uses to protect its own similar confidential information, but not less than a reasonable standard of care. For purposes of this subsection (n), any information, records, documents or any and all other materials /information that is subject to inspection, copying, and /or disclosure pursuant to (i) the requirements of Florida Public Records law (including, without limitation Chapter 119, Florida Statutes), as same may be amended from time to time; or (ii) court order or the order of any administrative body having jurisdiction over the subject matter under this Agreement. (o) Failure of either party to enforce any provision of this Agreement shall not constitute a waiver of the right to enforce such provision, unless such waiver is in writing and signed by the waiving party. (p) City Request for Proposals No. 42 -07/08 to Solicit Proposals for the Implementation, Management, and Operation of a Shared Car Service Available to the Public (the "RFP "), and Hertz's response thereto (the "Proposal "), are attached and incorporated as Exhibit E hereto; provided, however, that in the event of an express conflict among the RFP, Hertz's Proposal, and this Agreement, the precedence will be given to this Agreement. (q) NO ADVERTISING ON VEHICLES. Other than the placement of the Hertz and/orHertz on Demand trademark(s) and /or logo(s), no additional trademarks, logos, or advertising will be permitted on Program vehicles. [REMAINDER OF PAGE LEFT INTENTIONALLY BLANK] Page 19 of 26 The parties have executed this Agreement as of the date first set forth above. The individuals signing below on behalf of the respective parties hereby represent and warrant that they are duly authorized to execute and deliver this Agreement on behalf of the party indicated and that this Agreement is binding upon the parties in accordance with its terms. CITY OF MIAMI BEACH THE HERTZ CORPORATION By / / / /� /. �. !I�i; B - , /A Title �'t�1'��i�► Title 1 Dated Digcir t gra 1 / at, i / Dated v �. �I RI T ICE PRESIDENT SALES aTRATEgy & OPERATIONS Att t I Attest P dkit APPROVED AS TO FORM & LANGUAGE & FfA EXECUTION OF' orn i �,Oj� ate Page 20 of 26 EXHIBIT A Program Summary/Description Hertz on Demand is a car sharing service where vehicles are placed in the proximity of the expected users and the rental term varies from an hour up to a few days. Members will have self - service access to a fleet of vehicles. Members will be able to reserve the vehicles on the web or via a touchtone phone for as little as an hour up to a few days. A simple hourly fee includes, gas, insurance, maintenance, cleaning, a reserved parking spot as well as 24/7 roadside assistance. Hertz on Demand is comprised of the following components: • Membership - To join, drivers must register and be approved to drive a vehicle. To be approved, drivers must be at least 18 years of age, meet our driving record criteria, and possess a valid driver's license and a valid credit or debit card. Signing up is as easy as going online and filling out a quick application. • Self - service vehicle accessing — Hertz on Demand allows members to reserve a car on the web or via telephone. Approved members are assigned a member number, a PIN and a card or key fob that utilizes RFID technology, all of which are required for the self - service reservation and rental. With the card or key fob, members will have unrestricted access to all vehicles. • Hourly Rates — Connect by Hertz vehicles are available by the hour, making short trips cost effective. • Priced Incrementally - members will only be charged for their reservation time (provided the vehicle is returned on time). They can choose to use the vehicles for as little as an hour up to a few days. • All - inclusive — Hertz on Demand simple hourly fee includes gas, insurance, a reserved parking spot, maintenance, cleaning, and 24/7 roadside assistance. • Member Care Center - The MCC will provide round - the -clock service to members leveraging Hertz's existing infrastructure, answering incoming calls via a 'toll free number (1- 877 - 654 -4400) and responding to e-mail inquiries directed to the Connect by Hertz Member Care Center mailbox so members will be supported at any time in case of questions or need of assistance. Page 21 of 26 EXHIBIT B Garages Number of Program Vehicles Parking Spaces for the First Location Program Year* 1 7 Street Garage/Municipal Garage No. 1 5 2 12 Street Garage/Municipal Garage No. 2 2 3 13 Street Garage/Mumcipal Garage No. 3 0 4 16 Street Garage/Municipal Garage No.4 3 5 17` Street Garage/Municipal Garage No. 5 5 6 42 °d Street Garage/Mumcipal Garage No. 6 0 7 City Hall Garage/Mumcipal Garage No. 7 5 8 5 and Alton Garage/Municipal Garage No. 8 0 *NOTE: Number of Program Vehicle (Parking) Spaces for subsequent Program Years shall be in accordance with (and shall not exceed) the number of vehicles set forth in Article I (b) of the Agreement, which may be increased, decreased, and /or relocated as provides in the Agreement. Page 22 of 26 EXHIBIT C Program Vehicles Hertz On Demand Miami Beach Vehicle Models Vehicle Category Example Economy Car Toyota Yaris Smart Cars Smart Car Premium Compact Car BMW Mini Intermediate Chevy Cruze Hybrid Toyota Pnus Fullsize Chevy Impala Large SUV or Luxury Sedan Mercedes GLK 5 Pass SUV or PickUp Trk Buick Enclave Luxury SUV Cadillac Escalade Midsize SUV Ford Escape Convertible Volvo C70 Page 23 of 26 EXHIBIT (C -1) Program Vehicle Makes and Models to be Provided by Hertz on Effective D tte Page 24 of 26 EXHIBIT D Program Usage Rates Hertz On Demand Miami Beach WeekDay WeekEnd WeekDay WeekEnd Hourly Daily Daily Hourl M -Tr (Fri-Sun) (M -Tr) (Fri-Sun) Rate Rate Rate Rate Economy Car $9.00 $11.00 $63 00 $108.00 Smart Cars $7 00 $7.00 $60.00 $66.00 Premium Compact Car $12.50 $14.50 $87.50 $139.50 ' Intermediate $1175 $13.50 $82.25 $130.50 Hybrid $10.50 $12.00 $73.50 $117.00 Fullsize $13 00 $15.00 $91 00 $144.00 Luxury Sedan/Large SUV $15 00 $17.00 $135 00 $170.00 5 Pass SUV or Pickup Trk $14.25 $15 75 $114 00 $157.50 Luxury SUV $22.50 $24.50 $209 00 $235.00 Midsize SUV $14 00 $15.50 $98.00 $155.00 Convertible $14.25 $15 75 $99 75 $170.00 Page 25 of 26 EXHIBIT E Proposal Documents Page 26 of 26