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AGREEMENT <br /> NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS <br /> Section 1. Revenue Receipt. Pursuant to the terms of the VA Agreement, <br /> monthly invoices will be submitted to the VA to be compensated for the services provided <br /> the prior month. Livermore shall, upon request of Pleasanton, share with Pleasanton <br /> copies of all correspondence between Livermore and the Department of Veterans Affairs <br /> regarding payment for fire protection and emergency response services. <br /> Section 2. Payment. Livermore will allocate the following amounts as a <br /> Pleasanton contribution to LPFD operations. <br /> Base Year: $40,295.49, monthly <br /> Option Year One: $42,310.26, monthly <br /> Option Year Two: $44,425.76, monthly <br /> Option Year Three: $46,647.07, monthly <br /> Option Year Four: $48,979.42, monthly <br /> The revenue sharing methodology is laid out in Exhibit A. If payments received by <br /> Livermore from the Department of Veterans Affairs differ from those identified in the VA <br /> Agreement, the Parties agree to meet to determine the appropriate split of revenue <br /> received, while continuing to provide Livermore a greater share sufficient to cover the <br /> costs incurred from the increased staffing required by the VA Agreement. <br /> Section 3. Term and Termination. The term of this Agreement shall be <br /> concurrent with that of the VA Agreement and any extension options exercised, but in no <br /> event shall the term of this Agreement last beyond April 30, 2023 unless extended, in <br /> writing, by mutual agreement of the Parties. This Agreement shall terminate prior to the <br /> end of the term in the event: (1) the VA Agreement terminates; or (2) the LPFD joint <br /> powers authority is terminated pursuant to the joint powers agreement between the <br /> Parties. <br /> Section 4. Notices. Communication and notices required hereunder may be <br /> hand-delivered or sent by first-class United States mail, and shall be deemed complete <br /> when hand-delivered or three days after being deposited in the mail, as the case may be. <br /> Communications and notices to be sent to the Parties shall be addressed to: <br /> City of Livermore City of Pleasanton <br /> 1052 S. Livermore Avenue P.O. Box 520 <br /> Livermore, CA 94550 Pleasanton, CA 94566 <br /> Attn: City Manager Attn: City Manager <br /> Revenue Sharing Agreement Page 2 of 5 <br /> 12/2018 <br />