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MOU Between the American Red Cross and City of Pleasanton. <br /> IV. Periodic Review <br /> The parties will, on an annual basis, on or around the anniversary date of this MOU, jointly <br /> evaluate their progress in implementing this MOU and revise and develop new plans, attachments <br /> or goals as appropriate. Both parties should notify the other if primary points of contact change. <br /> V. Term and Termination. <br /> This MOU is effective as of March 20, 2018. It expires on March 20, 2023. Six months prior to <br /> expiration, the parties will meet to review the progress and success of the cooperative effort. In <br /> connection with such review, the parties may decide to extend this MOU for an additional period <br /> not exceeding five years, and if so shall confirm this in a signed writing. This MOU may be <br /> terminated by written notification from either party to the other at any time and for any or no <br /> reason. <br /> VI. Miscellaneous <br /> This MOU does not create a partnership, a joint power agreement, or a joint venture and does not <br /> create any financial commitments from one party to the other. Neither party has the authority to <br /> bind the other to any obligation. It is not intended that this MOU be enforceable as a matter of law <br /> in any court or dispute resolution forum. The sole remedy for non-performance under this MOU <br /> shall be termination, with no damages or penalty. <br /> Signature page follows. <br /> 8 <br />