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CONSTRUCTION CONTRACT GUDE BROTHERS CONSTRUCTION COMPANY 12349 Curley Street Post Office Box 1400 San Antonio, Florida 33576-1400 (904) 588-2750 OWNERS NAME(S): AND ADDRESS Charter Hospital of Pasco 21808 State Road 54 Lutz, Florida 33549 DATE: July 13, 1994 JOB LOCATION: 38435 North Avenue, Zephryhills, Florida THIS AGREEMENT is made and entered into the date above written by and between GUDE BROTHERS CONSTRUCTION COMPANY, the Contractor (CONTRACTOR), and the above-named owner(s) (OWNER), wherein IT IS MUTUALLY UNDERSTOOD, STIPULATED, COVENANTED AND AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS: 1. Description of Work: The CONTRACTOR shall perform the following described work in accordance with the contract, plans and specifications, herein called "Contract Documents", at the above-described job location. SUMMARY OF WORK TO BE PERFORMED: As per the attached Proposal dated July 6, 1994, including alternate. 2. Agreed Payment to Contractor: The OWNER agrees to pay the CONTRACTOR for the work described the total payment or contract sum of: Ten thousand, thirty and no/100s DOLLARS ($10,030.00). The OWNER shall make progress payments on the account of the contract sum to the CONTRACTOR on the basis of applications for payment submitted to the OWNER or the OWNER'S Architect by the CONTRACTOR as the work progresses. The OWNER agrees to pay to the CONTRACTOR the fOllowing percentages of the contract sum upon completion of the following phases of construction: 90% upon Substantial Completion, 10% upon Final Completion Payment due within 10 days of invoice 3. Contract Period: The CONTRACTOR shall commence work under this contract within fifteen (15) days of the issuance of the building permit, and CONTRACTOR shall work diligently to complete the work as soon as possible, consistent with principles of good workmanship and with no unnecessary delays other than those caused by the weather and acts of God. 4. Contractor's Affidavit: Upon completion of this project, the CONTRACTOR shall furnish to the OWNER a Contractor's Affidavit affirming that all labor, materials and equipment for the project and all subcontractors have been paid in full. CONTRACTOR will further furnish a complete release of all liens arising out of the contract, or in the alternative, a bond satisfactory to the OWNER indemnifying the OWNER against such liens.