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National Headquarters Wayne and Tammy Jenkins <br /> " 2501 Seaport Drive,Chester, PA 19013 34-24260 <br /> 888-736-6335 October 28, 2019 <br /> ® WWW.POWERHRG.COM <br /> CRC1331654 <br /> NlME� CUSTOM REMODELING AND.IMPROVEMENT AGREEMENT <br /> PENODlLIpf. <br /> Additional Terms &Conditions (continued) <br /> Additional Terms & Conditions <br /> ACCORDING TO FLORIDA'S CONSTRUCTION LIEN LAW(SECTIONS 713.001-713.37, FLORIDA STATUTES), THOSE WHO WORK <br /> ON YOUR PROPERTY OR PROVIDE MATERIALS AND SERVICES AND ARE NOT PAID IN FULL HAVE A RIGHT TO ENFORCE THEIR <br /> CLAIM FOR PAYMENT AGAINST YOUR PROPERTY. THIS CLAIM IS KNOWN AS A CONSTRUCTION LIEN. IF YOUR CONTRACTOR <br /> OR A SUBCONTRACTOR FAILS TO PAY SUBCONTRACTORS,SUB-SUBCONTRACTORS, OR MATERIAL SUPPLIERS,THOSE <br /> PEOPLE WHO ARE OWED MONEY MAY LOOK TO YOUR PROPERTY FOR PAYMENT, EVEN IF YOU HAVE ALREADY PAID YOUR <br /> CONTRACTOR IN FULL. IF YOU FAIL TO PAY YOUR CONTRACTOR,YOUR CONTRACTOR MAY ALSO HAVE A LIEN ON YOUR <br /> PROPERTY.THIS MEANS IF A LIEN IS FILED YOUR PROPERTY COULD BE SOLD AGAINST YOUR WILL TO PAY FOR LABOR, <br /> MATERIALS,OR OTHER SERVICES THAT YOUR CONTRACTOR OR A SUBCONTRACTOR MAY HAVE FAILED TO PAY. TO <br /> PROTECT YOURSELF,YOU SHOULD STIPULATE IN THIS'CONTRACT THAT BEFORE ANY PAYMENT IS MADE,YOUR <br /> CONTRACTOR IS REQUIRED TO PROVIDE YOU WITH A WRITTEN RELEASE OF LIEN FROM ANY PERSON OR COMPANY THAT <br /> HAS PROVIDED TO YOU A"NOTICE TO OWNER." FLORIDA'S CONSTRUCTION LIEN LAW IS COMPLEX,AND IT IS <br /> RECOMMENDED THAT YOU CONSULT AN ATTORNEY. <br /> FLORIDA HOMEOWNERS'CONSTRUCTION RECOVERY FUND <br /> FLORIDA HOMEOWNERS'CONSTRUCTION RECOVERY FUND PAYMENT, UP TO A LIMITED AMOUNT, MAY BE AVAILABLE FROM <br /> THE FLORIDA HOMEOWNERS' CONSTRUCTION RECOVERY FUND IF YOU LOSE MONEY ON A PROJECT PERFORMED UNDER <br /> CONTRACT,WHERE THE LOSS RESULTS FROM SPECIFIED VIOLATIONS OF FLORIDA LAW BY A LICENSED CONTRACTOR. FOR <br /> INFORMATION ABOUT THE RECOVERY FUND AND FILING.A CLAIM,CONTACT THE FLORIDA CONSTRUCTION INDUSTRY <br /> LICENSING BOARD AT THE FOLLOWING TELEPHONE NUMBER AND ADDRESS:Construction Industry Licensing Board 2601 <br /> Blairstone Road Tallahassee, FL 32399-10, Phone 850.487.1395 <br /> ANY CLAIMS FOR CONSTRUCTION DEFECTS ARE SUBJECT TO THE NOTICE AND CURE PROVISIONS OF CHAPTER 558, <br /> FLORIDA STATUTES. <br /> Delay/Unknown Conditions: Contractor's failure to perform any term or condition of this Agreement as a result of conditions beyond <br /> its control such as, but not limited to strikes,fires,floods, acts of God, manufacturer's delay, material shortages, Buyer(s)'inability to <br /> qualify for or obtain financing, delays by local government authorities in issuing or otherwise approving inspections, permitting, or <br /> other required:authorizations do not constitute abandonment and are not included in calculating time frames for performance by <br /> Contractor. Contractor and Buyer(s) have determined that a definite start and completion date are not material terms of this <br /> Agreement.The Buyer(s) understand that the start date and completion date are approximate and are subject to change. <br /> Late Payment/Late Cancellation of this Agreement: Buyer(s) agrees to pay a late fee of 1 1/2% per month on all amounts due and <br /> owing from Buyer(s)to Contractor accruing from the date due and running to the date the payment is made. In the event that <br /> Buyer(s) breaches any of the terms and/or conditions of this Agreement, Contractor may recover any damages for the breach thereof <br /> and all remedies in its favor existing at law. A Late Cancellation after midnight of the cancellation date, specified in this agreement, is <br /> a breach of this Agreement. The Buyer(s) shall reimburse Contractor for all of Contractor's out-of-pocket expenses, including, but not <br /> limited to, costs incurred by the Contractor for measuring, ordering, manufacturing, purchasing and administrating the procurement of <br /> the goods and services identified in this Agreement, and all other damages available under the law. <br /> Contractor's Right to Cancel: In the event that Contractor determines that this Agreement cannot be performed as intended by the <br /> parties due, for example,to incorrect pricing, unforeseen structural defects, or pre-existing conditions to Buyer(s)' Property, <br /> Contractor may cancel this Agreement within forty-five (45) days of its:execution, notify Buyer(s) of such cancellation in writing and <br /> return all monies paid by Buyer(s). <br /> No Set-Offs or Retentions: Upon Substantial Completion of Contractor's work under this Agreement, Buyer(s) shall pay all amounts <br /> due under this Agreement without any right of set-off or retention. Substantial Completion is defined as the stage in the progress of <br /> the work where the work is sufficiently complete in accordance with this Agreement so that Buyer(s) can occupy or utilize the work for <br /> its intended use. If after paying all amounts due under this Agreement, Buyer(s) alleges that Contractor's work is defective in any <br /> respect, Contractor, without waiving any of its rights, shall cause an inspection of the work and perform any remedial work to the <br /> extent the Buyer(s) is entitled to under this Agreement or Contractor's warranty at no cost to Buyer(s). <br /> Buyer(s)' Representations and Responsibilities: In addition to making timely payment to Contractor according to the terms and <br /> conditions of this Agreement, Buyer(s) represents and warrants that(a) Buyer(s) owns the premises where the products and/or <br /> October 28, 2019 20:17 <br /> Page 2 of 6 <br />