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Kittitas Valley Event Center, License Agreement, Control Number: 49220-GEAR04072020 Page 4 of 8 <br />a. Invoices not paid within 30 days will be charged a late payment penalty of 1.5% for every 30 days late. <br />Accounts over 90 days past due are subject to an additional 18% collection charge and will be forwarded to a <br />third -party collection agency. <br />b. All deposits are non-refundable. <br />c. Licensee may request, in writing, a review of charges within 20 days of issuance of final bill. After 20 days, <br />charges will not be reviewed until invoice is paid in full. Requests for review must be in writing to be valid. <br />Non -disputed charges must be paid within 20 days of invoice. <br />6. PAYMENT FORMS <br />KVEC will accept Checks, Cash, Visa and MasterCard. Make checks payable to the Kittitas Valley Event Center <br />7. TAXES <br />Licensee will be charged applicable Washington State Sales and Use Taxes unless a current State of Washington, <br />Department of Revenue, Sales and Use Tax Division, Exemption Certificate and related account number is provided <br />prior. <br />8. This agreement will not be valid, nor will reservations be guaranteed by KVEC, until it is signed and returned by <br />Licensee to the Kittitas Valley Event Center, 901 E. 7th Avenue, Ellensburg, WA 98926, along with payment of the <br />first deposit (as noted in I.D.2), but no later than 1/10/2020. <br />9. This agreement is not finalized until it is signed by the KVEC Director. <br />I.E. CANCELLATION OR CHANGES MADE BY LICENSEE <br />1. KVEC shall claim as liquidated damages all deposits held and money owed on invoices outstanding if Licensee <br />cancels the conference or event any time after the agreement is signed. Cancellation of this agreement or of any <br />facilities or services must be done in writing. Failure to do so will result in Licensee being billed for the full rental or <br />service charge. <br />2. Licensee agrees to pay as liquidated damages the following amounts for cancelling this agreement. In return, KVEC <br />agrees to hold no further claims against Licensee for said cancellation. <br />Cancellation Date Penalty Total Liability <br />Upon Contract Acceptance 25% of Minimum Anticipated Fees I.C.4 <br />After 3/8/2020 100% of Minimum Anticipated Fees I.C.4 $0.00 <br />3. Multiple Event/Facility Contracts: Cancellation Fee I.E.2 applies to cancelation of entire agreement prior to first <br />event. Cancellation of an individual event (as indicated in I.B.5) or individual facility (room, arena, courtyard, etc.) <br />rental made less than 20 days prior to the start of that event will incur a cancelation fee equal to the sum of the facility <br />fees per canceled event listed in I.C.2. <br />I.F. By signature, any person executing this agreement expressly warrants that s/he is an authorized representative of <br />Licensee, as stated in I.B.1. and assumes complete responsibility for fulfillment of all commitments agreed to herein. <br />I have read this agreement, initialed all pages and accept all terms included in Part I, Part II, and any addendums, <br />attachments, or schedules herein. <br />1/10/2020 <br />