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i I i Responding to requests for additional services by the Compact, recognizing existing budgetary restraints. I 2. Work Schedule The work program of the Carolinas Transportation Compact is on a fiscal year basis. The Carolinas Counties Coalition approved the Compact in Mid-November 1989. This contract covers the period from July 1, 1991 to June 30, 1992. i 3. Financial SPONSOR agrees to pay to CONTRACTOR the sum of $12,150 payable upon approval of conlract. I 4. Use of Names in Publici _fy I SPONSOR agrees that no advertising or publicity mailer having or containing reference to CONTRACTOR will be disseminated wilhout the prior written consent o~ CCNTRACTOR. 5. Intellectual Proo~rly Title to all inventions, discoveries, computer software or other copyrightable material or data, conceived or resulting form the pedormance of work hereunder, shall reside in CONTRACTOR. CONTRACTOR shall and does grant to SPONSOR a nonexclusive, nontransferable, royalty-free license to utilize any I such inventions, discoveries, computer software or olher copyrightable malerial or dala. 6. Warranties: Liabilily ! CONTRACTOR makes no warranties, express or implied, as to any matier whatsoever including, without limilalion, the condition of the work or any I product or deliverable, tang~le or intang~le, developed under this Agreement, or the ownership or fitness for a particular purpose of any such product or deliverable. I CONTRACTOR shall not be liable for any direct, consequential, or olher damages suffered by SPONSOR or by any third party resulting from the use of the work produced by CONTRACTOR under this Agreemenl. I 7. ~ This agreement constitutes the enlire understanding between the parties. No I other terms and conditions, be they consistent, inconsislent, or additional to those contained herein, shall be binding upon CONTRACTOR, unless and until such terms and conditions have been specifically accepted in writing by both the I parties. !