CITY OF LIVERMORE (LPFD)- REVENUE SHARING AGREEMENT

AGRE,EMENT NOW, THEREFORE, THE PARTMS AGREE AS FOLLOWS: Section 1. Revenue Receipt. Pursuant to the terms of the 2023/2024 VA Agreement, monthly invoices will be submitted to the VA to be compensated for the services provided the prior month. Livermore shall, upon request of Pleasanton, share with Pleasanton copies of all correspondence between Livermore and the Department of Veterans Affairs regarding payment for fire protection and emergency response services. Section 2. Payment. Livermore will allocate the following amounts as a Pleasanton contribution to LPFD operations. Base Year: 531,844, monthly 9ption Year One: $33,348, monthly Option Year Two: $35,016. monthly The revenue sharing methodology is laid out in Exhibit A. If payments received by Livermore from the Department of Veterans Affairs differ from those identified in the 2023/2024 VA Agreement, the Parties agree to meet to determine the appropriate split of revenue received, while continuing to provide Livermore a greater share sufficient to cover the costs incurred from the increased staffing required by the 202312024 VA Agreement. Section 3. Term and Termination The term of this Agreement shall be for a period of one year, beginning on the last date this agreement is executed. The Parties have the right to extend the term of this Agreement for two, one-year periods by mutual written agreement of the Parties, but in no event shall the term of this Agreement last beyond October 3l , 2026 unless extended, in writing, by mutual agreement of the Parties. This Agreement shall terminate prior to the end of the term in the event: (1) the 202312024 VA Agreement terminates; or (2) the LPFD joint powers authority is terminated pursuant to the joint powers agreement between the Parties. After a period of one year, or sooner upon mutual written agreement of the Parties, the Parties may modi$r or terminate this Agreement by mutual, written consent. The termination of this Agreement shall not disturb, or be construed in any way, to alter the terms of the 202312024 VA Agreement entered into between the LPFD JPA and Livermore Veterans Affairs Medical Center. Section 4. Notices. Communication and notices required hereunder may be hand- delivered or sent by first-class United States mail, and shall be deemed complete when hand- delivered or three days after being deposited in the mail, as the case may be. Communications and notices to be sent to the Parties shall be addressed to: City of Livermore 1052 S. Livermore Avenue Livermore, CA 94550 Attn: City Manager City of Pleasanton P. O. Box 520 Pleasanton, CA 94566 Attn: City Manager Page2 of 5