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2. Contract Policy It is the policy of Simon Roofing and Sheet Metal Corp. to review and execute contracts and specifications prior to commencement of the work thereby. Simon Roofing will consider contract terms presented to it sufficiently in advance of commencement of the job ta allow for review and revision, but reserves the right to revise, delete or supplement such terms in accordance with its policies and the advice of its legal caunsel. Absent special circumstances, Simon Roofing will not enter into, agree to or sign any contract terms presented to it after the wo�k has been commenced or completed. 3. Unforeseen Conditions and Exclusions Simon Roafing and Sheet Metal Carporation's (SRSMC) scope of work under this contract does not include testing for, or abatement or remediation of hazardous or toxic materials such as, but not limited to, toxic rnold, fungus or asbestos at or near a job site. If such contaminants are discovered, Simon Roofing may, at its option, suspend further perFormance of this cont�act pending investigation, testing and, if appropriate, remediation or abatement of any contamination, which will be conducted at the sole cost of the owner. The time for pertormance under this contract will be extended by any delay resulting from testing for and/or abatement of toxic or hazardous materials present at the job site. Any additional costs incurred by Simon as a result of contamination by toxic mold, asbestos or other hazardous materials or substances found at or near the job site shall be paid by the owner. The owner shall indemnify and hold harmless Simon Roofing against all loss, liability and expenses caused by or arising out of toxic mold or other hazardous materials at or near the job site. SRSMC's scope of work does not include testing for, inspecting or othervvise determining the integrity or soundness of the structural components of the roof, the walls or other structural aspects of the premises. SRSMC's scope of work does not include design, evaluation, sizing or maintenance for drains on the roof, or the drainage system for the roof. Simon Roofing and Sheet Metal Corp. recommends that a design professional be consulted to assure proper design, (i.e. roof system selection) installation, conformance to building codes, insurance requirements, etc. SRSMC also is not responsible for pre-existing conditions to any existing pratrusions or items in or on the roof that are in need of repair or upgrade if required by lacal code. This wauld include, but is not limited to, electrical lines, gas lines, HVAC units, curbs, duct work, skylights, lightning protection and comrnunication systems, cables, HVAC disconnects and reconnects, etc. The building owner is responsible for the repair or upgrade of these items or systems. 4. Payment Terms Payment terms will be based upon the following project progress billing schedule*: 50% of Contract amount due at Contract acceptance_ No labor will be initiated until check is received. Semi-monthly progress billings will be invoiced for the remainder of the contract. These billings are due with Net 10 days terms. •Per�entage increment billing will be contingent upon job size, weather conditions, etc. ��o� Koor��c ��u��t�r ♦��r.�i.c oKr.