Document:

Construction Services Agreement With The Henderson Corporation

 Exhibit 10.38 
  
 CONSTRUCTION AGREEMENT 
  
 Between 
  
 DENDREON CORPORATION 
  
 Owner, 
  
 - and - 
  
 THE HENDERSON CORPORATION 
  
 Contractor. 
  
 As of November 4, 2005 

 TABLE OF CONTENTS 
  

					
	 ARTICLE

	  	PAGE

	 ARTICLE I
	  	 Contract Documents
	  	1
	 ARTICLE II
	  	 Scope of the Work
	  	3
	 ARTICLE III
	  	 Contract Sum and Guaranteed Maximum Price
	  	5
	 ARTICLE IV
	  	 Reimbursable Costs
	  	8
	 ARTICLE V
	  	 Non-Reimbursable Costs
	  	8
	 ARTICLE VI
	  	 Schedule of the Work and Early Occupancy
	  	10
	 ARTICLE VII
	  	 Contractor’s Work
	  	12
	 ARTICLE VIII
	  	 Trade Contracts
	  	21
	 ARTICLE IX
	  	 Discounts, Rebates and Refunds
	  	22
	 ARTICLE X
	  	 Accounting Records
	  	22
	 ARTICLE XI
	  	 Applications for Payment
	  	23
	 ARTICLE XII
	  	 Assignment
	  	25
	 ARTICLE XIII
	  	 Liens and Claims
	  	25
	 ARTICLE XIV
	  	 Events of Default and Termination or Suspension of Agreement
	  	26
	 ARTICLE XV
	  	 Bonds
	  	30
	 ARTICLE XVI
	  	 Management of the Work by Contractor and Owner
	  	30
	 ARTICLE XVII
	  	 Consultants
	  	31
	 ARTICLE XVIII
	  	 Insurance
	  	31
	 ARTICLE XIX
	  	 Hazardous Materials
	  	31
	 ARTICLE XX
	  	 Materials and Equipment
	  	32
	 ARTICLE XXI
	  	 Substitutions
	  	33
	 ARTICLE XXII
	  	 Changes in the Work
	  	35
	 ARTICLE XXIII
	  	 Inspection and Testing
	  	37
	 ARTICLE XXIV
	  	 Ownership and Use of Documents; Confidentiality
	  	38
	 ARTICLE XXV
	  	 Nondisclosure
	  	39
	 ARTICLE XXVI
	  	 Owner’s Right To Perform Work And to Award Separate Contracts; and Cooperation with Separate Contractors
	  	40
	 ARTICLE XXVII
	  	 Equal Opportunity
	  	40
	 ARTICLE XXIII
	  	 Claims For Damages
	  	41
	 ARTICLE XXIX
	  	 Additional Provisions
	  	41

 THIS AGREEMENT, made as of the 4th day of November, 2005, by and between DENDREON CORPORATION, having an office at 3005 First Avenue, Seattle, Washington, 98121 (“Owner”), and THE
HENDERSON, having an office at 575 State Hwy. 28, Raritan, New Jersey, 08869 (“Contractor”). 
  
 W I T N E S S E T H : 
  
 WHEREAS, Owner intends to develop a therapeutic biotechnology processing facility at 220 Hanover Avenue, Hanover, New Jersey (the “Project”). 
  
 WHEREAS, Contractor has been advised that, under separate agreement,
Owner has retained the services of Perkins & Will, to provide certain architectural services for the Project (the “Architect”); Affiliated Engineers NW, Inc. to provide certain engineering services for the Project (the
“Engineer”); and AES Clean Technology, Inc., to provide certain design and build services for the clean room to be located within the Project (the “Design Builder” and collectively the Architect, Engineer and Design Builder shall
be referred to as “Architect”) and such other required consulting engineers, design build professionals and Architects (the “Consultants”) as deemed necessary by Owner to prepare preliminary and final plans, specifications,
working drawings and other construction documents for the Project (the final versions of which are hereinafter collectively referred to as the “Construction Documents”); and 
  
 WHEREAS, Contractor has been advised that, pursuant to this Agreement, Owner intends to retain the services of
Contractor (a) to consult with Owner and Architect in the preparation of the Construction Documents and (b) to perform construction related services and to arrange for, monitor, supervise, administer and contract for the construction
(collectively the “Work”) of all or any portion of the Project, all as more particularly set forth in Article II hereof; and 
  
 WHEREAS, Contractor desires to be retained by Owner to perform, or cause to be performed, the Work; 
  
 NOW, THEREFORE, in consideration of the mutual covenants and
agreements contained herein, Contractor and Owner hereby agree as follows. 
  
 ARTICLE I 
 Contract Documents 
  
 1.01 The contract documents (collectively, the “Contract
Documents”) shall consist of the following: 
  
 (a) This Agreement, including all the Exhibits annexed hereto and made a part hereof; 
  
 (b) The Construction Documents identified on Exhibit “A” hereto, and such other Construction Documents as may hereafter
be prepared by Architect or Consultants and approved in writing by Owner; 

 (c) Any form of trade contractor approval letter as Owner may use to evidence its
approval of the award of “Trade Contracts” to “Trade Contractors” (as such terms are defined in Section 8.01 hereof) (the “Trade Contractor Approval Letter”); 
  
 (d) Change Orders, Emergency Change Orders and Field Orders
(as such terms are defined in Article XXIII hereof); 
  
 (e) The payment and performance bonds required to be provided by Trade Contractors in accordance with the provisions of Article XV hereof; and 
  
 (f) The Progress Schedule (as defined in section 7.01(k) hereof) to be initially prepared for the Work by Contractor and submitted to
Owner for its approval in accordance with the provisions of Section 7.01(k) for the construction and Final Completion (as such term is defined in Section 6.01 hereof) of the Work, as the same may be updated, modified or extended, subject
to Owner’s prior approval, in accordance with the applicable provisions of this Agreement. A copy of the preliminary schedule, as of the date of this Agreement, is attached hereto as Exhibit C. 
  
 1.02 The Contract Documents form the contract between Owner and Contractor.
References in the Contract Documents to “the contract” or “this contract” shall be deemed to include all of the Contract Documents. References to “this Agreement” or “the Agreement” shall refer to this
instrument, which is one of the Contract Documents. 
  
 1.03 The
intent of the Contract Documents is to include in the Work all labor, materials and supplies, insurance, tools, equipment, permits (excluding building and site work permits which shall be paid for by Owner), licenses, taxes, approvals,
transportation, testing and field surveying (customarily furnished by general contractors) and other services and items required in connection with the satisfactory performance, execution and Final Completion of the Work in accordance with the
Contract Documents. Matters not expressly included in the Contract Documents but which are reasonably inferable therefrom shall be deemed included as a part of the Work. Controlled inspections, as required by any governmental authority, shall be
provided by the Owner. 
  
 1.04 The Contract Documents are
complementary and cumulative and what is called for by one shall be as binding as if called for by all. 
  
 1.05 Words and abbreviations which have well known technical or trade meanings are used in the Contract Documents in accordance with such recognized
meanings. 
  
 1.06 If any conflicts or ambiguities exist in or
between the Construction Documents, the Construction Documents and any of the Contract Documents, or the Construction Documents and existing conditions at the Project Site, Contractor shall, immediately upon discovery of such conflict or ambiguity,
bring the same to the attention of Owner for resolution. It is expressly understood and agreed that Owner, in consultation with Architect, shall be the interpreter of the Construction Documents and shall resolve any such conflicts and ambiguities.
Any Work relating to any such conflict or ambiguity which is performed by Contractor’s own forces or any Trade Contractor after 

  

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discovery by Contractor but before Owner has had a reasonable time to respond to or address such condition, as provided herein, shall be at Contractor’s
or such Trade Contractor’s sole risk, cost and expense. 
  
 1.07 Modifications to parts of the Contract Documents are for the purpose of varying, modifying, rescinding or adding to the Contract Documents. All modifications should be read together with the portions of the Contract Documents to which
they relate. 
  
 1.08 The drawings and specifications comprising
the Construction Documents are complementary. Anything shown in any of the drawings and not mentioned in the specifications, or mentioned in any of the specifications and not shown in the drawings, shall have the same effect as if shown or mentioned
in both. 
  
 1.09 A typical or representative detail indicated on
the Construction Documents shall constitute the standard for workmanship and materials throughout corresponding parts of the Work, unless otherwise shown. 
  
 1.10 The layout of mechanical and electrical systems, equipment, fixtures, piping, ductwork, conduits, specialty items and accessories indicated on the
Construction Documents is diagrammatic. The actual scope of the Work shall be carried out so as not to affect the architectural and structural integrity and limitations of the Project and shall be performed in such sequence and manner so as to avoid
conflicts and provide clear access to all control points, including valves, strainers, control devices and specialty items of every nature related to such systems and equipment in conformance with all applicable codes; it being agreed Contractor
shall not be liable or responsible for errors, omissions, or coordination deficiencies in, between or among the Construction Documents. Subject to the provisions of Section 29.01 hereof, if Contractor discovers or has knowledge of
(i) conflicts in or the shop drawings, the coordination drawings or the Construction Documents, or (ii) any conflicts between existing conditions at the Site (which Contractor is aware of or by testing as agreed to by Owner) and the
Construction Documents which, in Contractor’s opinion, are of a nature that may affect the architectural or structural integrity or limitations of the Project, Contractor immediately shall bring the same to the attention of Owner and Architect
for resolution in the manner provided in Section 1.06 hereof. Any Work relating to any such conflict which is performed by Contractor or by any Trade Contractor after discovery but prior to the resolution of the same shall be borne by the
responsible party in accordance with Section 1.06 
  
 ARTICLE II 
 Scope of the Work 
  
 2.01 Contractor shall perform all Construction services described in this Agreement in connection with the construction of
the Work. The general scope of the Work, as initially reflected in the Construction Documents and as set forth in Exhibit A, will be developed into a detailed design and construction program and further refined as the preparation of the Construction
Documents progresses so as to include, and further define, (i) the scope, parameters and anticipated timing for the Work, and (ii) Owner’s and Contractor’s understanding of the quality of the materials and workmanship required
and expected. Contractor represents that (i) it has fully acquainted itself with 

  

 3 

 
the general design concept and scope of the Work, as reflected in the Construction Documents, (ii) it has visited the Project site and existing
buildings, if any, including the location of adjacent structures and utilities, and is generally familiar with access to the Project site and with the observable condition of any existing buildings. Owner shall be responsible for obtaining all
consents, licenses and easements required from adjoining property owners. 
  
 2.02 In addition to the services referred to in Section 2.01 hereof, Contractor, shall perform and furnish, or cause to be performed and furnished all labor, materials, plant, power, light, heat, water (to the
extent that power, light, heat and water – and the equipment associated therewith – are not already otherwise available in the building and are necessary to perform the Work, in which case such utility costs shall be a Reimbursable Costs
in accordance with Article IV herein ) , telephone, tools, supplies, equipment, services, transportation, scaffolding, permits, (excluding building and site permits which shall be paid for by Owner) licenses, supervision and shall provide all
services, business administration, management, coordination and supervision, necessary for, or incidental to, the successful prosecution and Final Completion of the Work, including, but not limited to, all services, business administration,
management, coordination and supervision of the services provided by AES and all other Trade Contractors in connection with the Project (the “General Conditions Work Items”) in the most expeditious and economical manner, consistent with
best industry accepted standards, strict and complete compliance with codes and ordinances having jurisdiction over the Work, lawful construction practices and the interests of Owner relating to quality, timely economical completion of the Work, to
the extent made known to the Contractor. The Work shall be performed and executed in a customary and workmanlike manner by qualified and efficient workers, in conformance with the Contract Documents and best industry trade practices. 
  
 2.03 Contractor agrees to furnish efficient business administration with
emphasis on budget control, construction scheduling, coordination of the Work, supervision and Construction in an expeditious and economical manner consistent with the interests of Owner and shall assist Owner in developing and maintaining a climate
of understanding and good will with all governmental and quasi-governmental agencies affected by the Project, the local communities adjacent to the Project site, proposed tenants and the public at large. Contractor shall require all Trade
Contractors (as such term is defined in Section 8.01 hereof) to comply with Contractor’s instructions related to storage of materials and scheduling. Contractor shall generally advise and assist the Owner on all matters concerning the
construction of the Project upon which the Owner requests advice and assistance and also about all matters concerning which Contractor, being familiar with the construction industry, might normally be consulted. All recommendations to be rendered by
Contractor shall be in writing when requested, stating advantages and disadvantages and evaluating alternatives and shall be in sufficient detail to enable Owner to analyze such recommendations and make informed decisions with respect thereto.
Without limiting the foregoing, Contractors’ obligations are more fully described herein. 
  
 2.04 Contractor accepts the relationship of trust and confidence established between it and Owner by this Agreement and covenants to Owner to furnish its best professional skill and judgment and to cooperate with
Owner, Architect and Consultants in furthering the interests of Owner as made known to Contractor. Contractor understands that it is the Owner’s intent to construct the Project at a reasonable cost and in the most expeditious fashion given
budgetary considerations. Accordingly, Contractor will devote its best efforts (consistent with the Project Budget and Schedule) toward (i)

  

 4 

 
maintaining the cost level of the Project at the lowest possible point consistent with good construction practices, (ii) carrying out Owner’s
intent and direction of the Architect’s and Consultants’ Construction Documents and (iii) achieving the most rapid and efficient construction and completion of the Project. Contractor will use its best efforts to bring to the
Owner’s attention any possibilities for savings that may present themselves during the course of Contractor’s performance under this Agreement and will confer with Owner periodically in order to determine whether there are any areas where,
by design change or otherwise, costs may be reduced. Contractor shall not knowingly accept for its own account any trade discounts, except to the extent permitted by Article IX, or contributions, or deal with (or recommend that the Owner deal with)
any firm in which Contractor has any financial or other interest, or undertake any activity or employment which would or could create a conflict of interest or compromise the Contractor’s judgment or prevent the Contractor from serving the best
interests of the Owner. If Contractor shall become aware of any facts which are or may be in violation of the preceding sentence or shall have any financial or other interest in any firm with which the Owner is dealing or proposes to deal with in
connection with the Project, Contractor shall immediately advise Owner thereof in writing. It shall be deemed a conflict of interest and a material breach of the terms of this Contract, for Contractor to knowingly employ at the Project, or knowingly
recommend acceptance of bids from Trade Contractors employing, with respect to the Project, any relatives (including in-laws) of any of the officers or directors, or executives of the Contractor. Any breach hereunder shall entitle the Owner to
terminate this Agreement upon seven (7) days’ prior notice. 
  
 ARTICLE III 
 Contract Sum and 
 Guaranteed Maximum Price 
  
 3.01 As consideration for the full and complete performance of the Work and all of Contractor’s obligations hereunder, Owner shall pay to Contractor a sum of money (“Contract Sum”) equal to the total of: 
  

	 	(i)	a fee (“Contractor’s Fee”) Contractor’s Fee includes all overhead (including home office personnel and expenses not otherwise reimbursable under
Section 3.10 hereof) and profit; 

  

	 	(ii)	General Conditions, as provided in Section 3.03 and; 

  

	 	(iii)	Contractor’s Reimbursable Costs as defined in Article IV hereof. 

  
 provided, however, that except as expressly provided herein, the Contract Sum shall not exceed fifteen million dollars ($15,000,000) (the “Guaranteed
Maximum Price” or “GMP”) 
  
 3.02 The
Contractor’s Fee which includes all costs not otherwise identified in this Agreement and profit shall be a fixed fee of five hundred forty thousand dollars ($540,000) (“Contractor’s Fixed Fee”), plus, subject to terms of the
Agreement, an additional one hundred twenty three thousand five hundred fifty five dollars ($123,555) for obtaining Substantial Completion by July 31, 2006 (“Contractor’s Substantial Completion Fee”) plus another one hundred
twenty three thousand five hundred fifty five dollars ($123, 555) for achieving Substantial Completion for a Contract Sum not to exceed the GMP. 
  
 3.03 The Contractor’s General Conditions Costs, as approved in advance by Owner, which are more fully defined in Section 3.09 below are
estimated at one hundred ninety five thousand dollars ($195,000). 
  

 5 

 3.04 Contractor acknowledges that the Documents identified on Exhibit “A” annexed hereto are
incomplete and are being developed by Architect. However, Contractor represents that the documents in Exhibit “A” contain sufficient information so as to provide Contractor with an understanding of the scope of the Work and the level of
finishes so as to enable Contractor to prepare the Preliminary Budget which will be provided to Owner upon completion. 
  
 3.05 Unless adjusted by Change Order pursuant to Article XXII below, in no event shall the Contract Sum exceed the Guaranteed Maximum Price. 

 
 3.06 In the event that the GMP is adjusted by Change Order as defined in
Article XXII below, Contractor shall be entitled to a Contractors fee of the total of the actual Reimbursable Costs and actual General Conditions which are included in such Change Order with no mark-up for fee. 
  
 3.07 Payments on account of the Contractor’s Fee and General Conditions,
shall be paid monthly, simultaneously with each progress payment made to Contractor under Article XI hereof. The proportion of the Contractor’s Fee earned at the date of any Application for Payment (as such term is defined in
Section 11.01(a) hereof) shall be calculated as defined in Section 11.01 for the Work completed in such Application for Payment. All payments to Contractor shall be subject to the hold-back requirements set forth in Article 3.08 below.

  
 3.08 Unless otherwise agreed to by Owner and Contractor, Owner
shall make progress payments to Contractor pursuant to the provisions of Article XI hereof, subject to a hold-back on the Trade Contract Costs (hereinafter defined) (including payments to Trade Contractors for the performance of General Conditions
Work Items pursuant to Trade Contracts) in an amount equal to ten percent (10%) of each such Trade Contractor Costs. 
  

 6 

 3.09 The General Conditions Costs shall include, but not be limited to, the following: 
  
 (a) Rates for the following classifications of personnel and who provide
services in connection with the Work and for such time as is actually devoted to the Work, Project Executive, Project Manager, Project Engineer(s), Assistant Project Manager(s), Estimator(s), Project Superintendent(s), Assistant Superintendent(s),
On-site Safety Coordinator, Mechanical/Electrical Project Manager(s) and Superintendent(s), Project Accountant(s), Timekeepers, Teamsters, Master Mechanics, Elevator Operators, Operating Engineers, laborers, personnel engaged (e.g. at shops or on
the road) in expediting the production or transportation of materials or equipment, clerical and data processing personnel, estimators, schedulers and accountants; 
  
 (b) actual costs and expenses incurred in connection with telegrams, telephones (and charges), fax, messenger service,
blueprinting, xeroxing, photographs, field office, trailers, correspondence and other similar petty cash items directly related to the Work; and 
  
 (c) Actual costs of all temporary structures and their maintenance, less the reasonable salvage value obtainable on such items which are used but not
totally consumed in the performance of the Work; provided, however, that at Owner’s option and at its direction, Contractor either shall (i) deliver all such temporary structures to Owner, (ii) use reasonable efforts to sell the same
for the account of Owner, or (iii) discard the same in the manner set forth in Section 6.06 hereof; 
  
 (d) Rental charges and maintenance expenses for any temporary structure necessary in connection with the performance of the Work, including the
installation, erection, removal, transportation and delivery costs thereof; 
  
 (e) Rental charges of all machinery and equipment (exclusive of hand tools) used at the Project site and necessary in connection with the performance of the Work, together with costs incurred in the installation
thereof, and the dismantling, removal, transportation and delivery of the same; 
  
 (f) Actual costs incurred by Contractor in performing General Conditions Work Items by Contractor’s own labor force or by Trade Contractors retained by Contractor to perform the same, provided such costs are not
back-chargeable or deductible from any other Trade Contractor for any reason; 
  
 (g) license fees necessary for the performance of the Work, fines, violations or penalties and 
  
 (h) legal and accounting fees reasonably incurred in performance of the Work, excluding any legal and accounting fees incurred by Contractor (i) as a
result of failure of Contractor (as opposed to Trade Contractors) to perform in accordance with this Agreement, or arising out of the negligence of Contractor or (ii) provided Owner has paid Contractor, wrongful failure of Contractor to pay any
Trade Contractor, supplier or others in connection with the Project and (iii) arising out of or related to the negotiation of this Agreement. 
  

 7 

 ARTICLE IV 
 Reimbursable Costs 
  
 4.01 In addition to the Contractor’s Fee, and General Conditions payable hereunder, and Owner shall reimburse Contractor for the actual costs necessarily incurred by Contractor in the proper performance of the Work (hereinafter the
“Reimbursable Costs”), which Reimbursable Costs shall be at rates not higher than those which are competitive and prevailing in the locality for work and services similar to the Work and shall be comprised of the costs listed in
Subsections (a) through (f) hereunder: 
  
 (a) costs of
freight, trucking and, subject to Owner’s prior written approval, the warehousing of materials required for the Work; 
  
 (b) payments made by Contractor for work performed and materials, supplies and equipment furnished pursuant to Trade Contracts and/or Purchase Orders (and
Change Orders) approved by Owner in accordance with the provisions of this Agreement (“Trade Contract Costs”); 
  
 (c) Federal, State and local sales, use, excise, personal property and other similar taxes, if any, which may be required to be paid by Contractor in
connection with the Work, except taxes applicable, directly or indirectly, to the Contractor’s Fee; 
  
 (d) actual costs reasonably and necessarily incurred due to an emergency, not compensated by insurance, affecting the safety of persons or property,
except to the extent caused by Contractor’s negligence or Contractor’s intentional failure to comply with the terms of this Agreement. As a condition precedent to payment for such costs Contractor must give written notice to Owner within
48-hours after incurring such costs; 
  
 (e) premiums for
insurance as required in Exhibit B. 
  
 (f) additional utility
costs as per paragraph 2.02 
  
 4.02 Contractor shall use its best
efforts to minimize the Reimbursable Costs incurred in the performance of the Work, consistent with the intent and purposes of this Agreement, sound business practice and the reasonable instructions of Owner. 
  
 ARTICLE V 
 Non-Reimbursable Costs 
  
 5.01 Except to the extent included in Section 3.09 or Article IV, Owner shall not reimburse Contractor for any of the following costs, all of which shall be borne by Contractor at its sole cost and expense:

  
 (a) salaries or other compensation of any principals and
branch office heads of Contractor. 
  

 8 

 (b) expenses of operating Contractor’s home and branch offices, including overhead and
administrative expenses except to the extent that such expenses are reimbursable pursuant to the provisions of Section 3.09 or Article IV hereof; 
  
 (c) any part of Contractor’s capital expenses, including interest on capital employed in connection with the Work; 
  
 (d) (i) costs not reimbursed by insurance, due (x) to the negligent
acts or omissions or willful misconduct of Contractor, or Contractor’s failure to perform its obligations under this Agreement or (y) from the violation by Contractor of any Federal, State or local laws, ordinances or statutes;
(ii) casualty losses and related expenses sustained by Contractor in connection with tools, equipment, supplies and other personal effects owned or rented by Contractor; and (iii) any other costs which would have been insured but for the
failure of Contractor to carry the insurance required to be carried hereunder or the failure of Contractor to comply with the requirements of any insurance carriers providing insurance coverage for the Project, as set forth in Exhibit
B hereof; 
  
 (e) costs of uncovering, correcting or
replacing defective Work which has arisen by reason of Contractor’s gross negligence or intentional breach of this Agreement or failure to properly supervise or coordinate the Work; 
  
 (f) losses, costs, and expenses (including attorneys’ fees and disbursements) incurred by Contractor in connection
with, or as a result of, the occurrence of any event expressly provided for under the terms of this Agreement wherein Contractor agrees to indemnify and hold harmless Owner against such losses, costs and expenses (except Owner shall reimburse
Contractor for legal fees incurred in discharging or bonding Trade Contractor mechanic’s liens as provided for in Section 3.10(i); 
  
 (g) General Conditions Costs which are back-charged to or are deducted from any Trade Contractor for any reason; 
  
 (h) costs incurred by reason of Contractor’s failure to comply with its
obligations under this Agreement, including costs in the form of penalties, fines or other similar charges, as well as any and all costs incurred in contravention of laws, rules and regulations attributable to Contractor’s gross negligence;

  
 (i) except as otherwise provided in Subsection 4.01 hereof,
premiums for other insurance carried by Contractor; 
  
 (j) costs
of any item expressly excluded from, or not expressly included within, the items referred to in Section 3.09 or 4.01 hereof; and 
  
 (k) costs of any item or expense which this Agreement provides are to be paid or borne by Contractor at its sole cost and expense. 
  

 9 

 ARTICLE VI 
 Schedule of the Work and Early Occupancy 
  
 6.01 Contractor shall commence the Work hereunder within ten (10) days of receipt and by Contractor of a Notice to Proceed and shall promptly and diligently perform its responsibilities hereunder such, so that
the Work shall be (a) Substantially Completed (as defined herein) on or before July 31, 2006 (“Substantial Completion Date”), and (b) completed on or before the date which is ninety (90) days from the latest Substantial
Completion Date (“Final Completion Date”), in each case as set forth in the Progress Schedule, subject to adjustments as hereinafter provided, including Contemplated Delays (as defined in Section 6.02 hereof). 
  
 The Work shall be deemed substantially completed (“Substantial
Completion”) on the date when the Work shall be sufficiently completed and all of the following shall have occurred: (a) Owner may use and occupy the Project without interference for all of its intended uses, (b) only minor Punch List
items (as such term is defined in Section 7.02(cc) hereof), if any, remain incomplete provided they do not interfere with such use and occupancy and (c) a temporary certificate of occupancy shall have been issued by the appropriate local
governmental authority for such portion of the Work. The Work shall be deemed finally completed (“Final Completion”) on the date when the Work shall have been finally completed and Owner shall have received satisfactory evidence, that:

  
 (a) all Work, including all items set forth on the Punch Lists
(as defined in Section 7.02(cc)), has been fully and satisfactorily completed in a good and workmanlike manner, in conformance with the Contract Documents and in full compliance with all applicable laws, rules, requirements and regulations of
all governmental authorities having jurisdiction over the Work; 
  
 (b) all final certificates of approval relating to the Work, including a Final Certificate of Occupancy of the entire Work and the contemplated uses of the Project, including, without limitation, all necessary certifications of any entity
having jurisdiction thereof or any successor thereto, shall have been issued and delivered to the Owner unless the failure to secure said approvals is related to the design of the Project, and unless the inability to secure such certificates is
beyond Contractor’s reasonable control; and 
  
 (c) all
required receipts, releases of liens, affidavits, waivers, guarantees, warranties, bonds, as-built drawings and any other documents required under this Agreement or the Trade Contractors shall have been issued and delivered to Owner. 
  
 6.02 Anything contained in the foregoing provisions of this Article VI to the
contrary notwithstanding, if and to the extent that there are hindrances to, or delays in, the performance of the Work by reason of Contemplated Delays (as such term is defined in this Section 6.02) and if Contractor demonstrates that the Work
is actually hindered or delayed thereby, any Substantial Completion Date or the Final Completion Date, as the case may be, shall be postponed by the actual number of days attributable to each such demonstrated cause. For purposes of this Agreement,
“Contemplated Delays” (a) shall be deemed to include delays or hindrances caused by (i) the acts or 

  

 10 

 
omissions of Owner and Architect (including Change Orders providing for an extension of time and suspensions of work pursuant to Article XXII below), as well
as (ii) strikes, (iii) fire, (iv) acts of God, (v) acts of the public enemy, (vi) unavailability of, or inability to obtain, labor or materials by reason of shortages which affect the supply or availability of labor or
materials, (vii) floods, (viii) rebellions, riots, insurrections or sabotage, (ix) labor disputes provided such disputes are beyond Contractor’s control and provided Contractor takes all responsible steps possible to remediate
them, (x) Manufacturer’s inability to deliver completed product to the Project site unless such failure to deliver is caused by the negligence of Contractor, (xi) severe weather conditions, (xii) concealed conditions and
Hazardous Materials, and (b) shall be recognized only if Contractor has used its best efforts to minimize the period of delay or hindrance by means which include, without limitation, seeking alternate sources of labor or materials or
acceleration of the Work, but such efforts shall not require Contractor to incur any additional costs. If Contractor wishes to make a claim for an extension of the Substantial Completion Date or the Final Completion Date by reason of a Contemplated
Delay, Contractor shall give notice (in accordance with the provisions of Section 29.08 hereof) to Owner of such claim within ten (10) days after knowledge of any Contemplated Delay, which notice shall set forth in detail the nature of
each Contemplated Delay, the date or dates upon which each cause of delay began (and ended), the number of days of delay attributable to each such cause, and the action taken, or to be taken, by Contractor to minimize the period of delay if
possible. Any such extension shall be deemed accepted by Owner only if reflected in a validly issued Change Order which acceptance shall not be unreasonably withheld or delayed. 
  
 6.03 In furtherance of the provisions of Sections 6.01 and 6.02 hereof, Contractor shall include in all Trade Contracts,
whether for labor or materials or both, a provision entitling Contractor to terminate or cancel such Trade Contract in the event of a breach thereby by the Trade Contractor or any other occurrence or omission thereunder which would result in a delay
in, or hindrance to, the timely progress of the Work. 
  
 6.04
Contractor shall notify Owner promptly if the Work will not be completed within the time provided for in the Project Schedule. If Contractor so notifies Owner, or if, in the opinion of Owner reasonably exercised, Contractor falls behind in the
Project Schedule for any reason other than a Contemplated Delay, Contractor shall take appropriate action to improve the progress of the Work and shall, if requested by Owner, submit operational plans to demonstrate the manner in which the lost time
may be regained if possible. 
  
 6.05 On or before the Substantial
Completion Date, Contractor shall clear, or cause to be cleared, the Project Site and the Project of any debris, construction materials, rubbish, rubble, discarded equipment or spillage caused by Contractor or its Trade Contractors of solid or
liquid waste in full compliance with all applicable environmental laws, shall remove all tools, construction equipment, machinery and surplus materials, and shall maintain the Project free of such items (attributable to Contractor’s work) until
Final Completion. In addition, on or before the Substantial Completion Date, Contractor shall clean, or cause to be cleaned in broom clean condition the Project, as provided in the Construction Documents. If the Project or the Project site are
injured or damaged by Contractor, in the course of Contractor’s cleaning or removal, Contractor, without increase to the Guaranteed Maximum Price, promptly shall repair and restore the portion thereof so damaged or injured to its condition
immediately prior to such damage or injury in a manner satisfactory to Owner 

  

 11 

 
and Architect. If Contractor fails to undertake or cause the undertaking of the aforesaid cleaning, removal and repairs, in such event, the Owner may, at
Owner’s sole option, avail itself of any of the remedies provided in this Agreement and, subject to giving 48 hours’ prior written notice to Contractor, Owner may also perform, or cause to be performed, the aforesaid cleaning, removal and
repairs and, in such event, all additional expenses incurred by Owner in connection therewith, at Owner’s option, shall be reimbursed to Owner either (a) by Owner not paying Contractor monies then due or next becoming due from Owner to
Contractor hereunder, or (b) by Contractor paying such amounts to Owner on demand, after rendition of a bill or statement therefor. 
  
 6.06 Prior to Substantial Completion of the Work, Owner or Owner’s designees shall have the right to use or occupy all or any portion of the Project
or to install or cause the installation of furniture, furnishings and equipment therein, or to allow other contractors to perform tenant work, provided that such occupancy shall not materially interfere with Contractor’s performance of its
obligations hereunder (including harmonious labor relations) and, provided further, that Owner or Owner’s designees, as the case may be, shall be liable for any delay, or personal injuries to, or death of, any person and for property damage, to
the extent the same is caused by the acts or omissions of Owner or Owner’s designees, as the case may be, in connection with their aforesaid use or occupancy of the Project. Such use or occupancy by Owner or Owner’s designees shall not
(a) constitute acceptance by Owner of any element of the Work or the space, systems, materials or equipment incorporated in the Project, (b) be construed as a waiver of any right or claim by Owner in connection with any Work, or
(c) affect the obligations of Contractor or any Trade Contractor for any Work which is not in accordance with this Agreement, the respective Trade Contracts or the Contract Documents. Contractor shall continue performance of the Work in a
manner which shall not unreasonably interfere with the aforesaid use, occupancy and operation by Owner or Owner’s designees. Contractor agrees that it shall not unreasonably interfere with, or object to, such use or occupancy by Owner or
Owner’s designees and that it shall cooperate with Owner and any designated occupants to facilitate such early occupancy. 
  
 6.07 Owner and Owner’s designees shall have the right of access to the entrances, loading facilities and such other services as Contractor shall be
using or providing to the Project. Such right of access shall be subject to the reasonable rules of Contractor, which rules (a) shall be for the sole purpose of coordinating such access and for observing all safety and precautionary measures,
and (b) shall not hinder, prohibit or interfere with such access. In addition, Owner may require the use and operation of any completed heating, ventilating or air conditioning equipment at the time that Owner or Owner’s designees occupy
or use any portion of the Project. 
  
 ARTICLE VII

 Contractor’s Work  
  
 7.01 Pre-Construction Phase. Contractor agrees that during the pre-construction phase of the Work (the “Pre-Construction Phase”), it
shall perform the following services: 
  
 (a) consult with Owner
and Architect to ascertain Owner’s needs and goals and the requirements of the Work; 
  

 12 

 (b) thoroughly review all preliminary plans and specifications, and all revisions and additions thereto,
for the purpose of preparing and submitting to Owner preliminary budgets (“Construction Budget”), to be in such form and contain such detail as required by Owner and which Construction Budget shall be revised as requested by Owner or more
frequently if Owner so requires; 
  
 (c) provide assistance to,
and cooperate with Owner and Architect in obtaining all necessary approvals of governmental authorities having jurisdiction over the Project; 
  
 (d) thoroughly investigate existing conditions at the Project Site and consult with and advise Owner and Architect concerning all materials and major
design, building systems and construction elements to be incorporated in the Work, taking into consideration costs, availability, lead time for ordering materials, speed of construction and maintenance; 
  
 (e) review estimates, if any, of Architect and Consultants with respect to
the costs of the Work; 
  
 (f) review the Construction Documents
(but without assuming Architect’s responsibility for errors and omissions) as they are being prepared for the purpose of making recommendations, and make recommendations to Owner and Architect with respect to the following: 
  
 (i) the availability of labor, materials and supplies;

  
 (ii) elimination of possible conflicts and/or
overlapping jurisdictions among the various trades or overlapping responsibilities among Trade Contractors; 
  
 (iii) variations from customary construction practices and methods which, in the opinion of Contractor, may cause difficulties or occasion
delay in the performance of the Work, it being expressly understood that by review of the Construction Documents under this entire paragraph, Contractor shall not thereby assume responsibility for design errors and omissions; 
  
 (iv) discrepancies and deficiencies in the Construction
Documents, or between the Construction Documents and existing conditions at the Project; 
  
 (v) costs of labor, supplies, materials and equipment to be used in the performance of the Work; 
  
 (vi) unit prices and alternates; 
  
 (vii) required temporary and Project support facilities; and

  
 (viii) construction economies through
alternative methods, materials, or concepts, consistent with Owner’s requirements and sound construction practice; 
  
 (g) establish, implement and observe all safety, health and environmental protection 

  

 13 

 
measures during performance of the Work, consistent with the requirements of all applicable Federal, State and local laws, rules and regulations; submit to
Owner, and periodically update, as necessary, appropriate or may be required, safety plans for the Project showing the manner in which the aforesaid measures are implemented; and designate a responsible person or persons of Contractor’s office
organization, as site safety coordinator. The performance of such services by Contractor shall not relieve it or any of the Trade Contractors of their respective responsibilities for the safety of persons and property in compliance with this
Agreement and all statutes, rules, regulations and orders applicable to the Work; 
  
 (h) in consultation with Owner and Architect, develop the most favorable way of bidding the Work, including, without limitation, the size and scope of each bid package, and dates of bidding and use of
“fast-track” methods; 
  
 (i) make a labor survey,
including an analysis of the costs, types and quality of labor required for the Work and a forecast of the availability thereof as and when needed, including a survey and schedule of the dates of all union labor contracts coming up for renewal
during the projected period of construction; 
  
 (j) make
recommendations regarding, and render assistance necessary for, the development and administration of an effective labor relations program for the Work and the avoidance of labor disputes during the performance of the Work and assist in negotiating
any agreements with labor unions; 
  
 (k) in consultation with
Owner and Architect and as expeditiously as is required for the orderly and timely completion of the Project, prepare and submit to Owner for its approval, a progress schedule for the performance of the Work, make such modifications thereto as Owner
may reasonably request and, upon Owner’s approval of the same (which, subsequent to such approval is hereinafter referred to as the “Progress Schedule”), make no further modifications thereto without first in each instance obtaining
Owner’s prior approval thereof. The Progress Schedule shall also (i) set forth a construction time schedule which identifies all major and critical components of the Project and the Work, including Architect’s preparation of design
documents, all major and critical design details and all matters relating to Trade Contractors and Trade Contract awards, and which identifies Owner’s responsibilities, if any, with respect to the design documents, and (ii) from and after
the date that the same is available, incorporate the information described in this Section 7.01. Contractor agrees that the Progress Schedule shall not be amended, modified or extended without Owner’s prior written approval; 
  
 (1) advise and make recommendations to Owner and Architect regarding the best
order and sequence for the development of the Construction Documents; 
  
 (m) maintain written records of all communications with, and recommendations made to, Architect, and Architect’s responses thereto; make the same available for inspection by Owner at all times and promptly furnish to Owner copies of
all correspondence between Contractor and Architect relative to the Work and the Project; 
  

 14 

 (n) advise and consult with Owner and obtain Owner’s approval of, Trade Contractors qualified to bid
the various packages of the Work as well as methods of, and the form of, Trade Contract awards, and award Trade Contracts all in the manner set forth in Article VIII hereof; 
  
 (o) review with Trade Contractors all methods and materials that may be used in connection with the Work and make
recommendations to Owner and Architect regarding changes, if any, to the Construction Documents; 
  
 (p) make a materials survey, including an analysis of all materials and equipment required for the Work and a forecast of the availability thereof as and
when needed, including advice of any factors or potential occurrences then known by Contractor which might affect the future availability of such materials and equipment and coordinate all purchases of materials and equipment; and 
  
 (q) assist Owner in connection with the pre-purchasing of any long-lead
materials and/or equipment to be incorporated in the Work. 
  
 Contractor agrees to perform such other and additional services similar in type and obligation to those listed above, prepare such other reasonably requested schedules, reports, budgets and other technical data, and attend such meetings
during the Pre-Construction Phase as Owner may reasonably request in order to assist in the preparation of the Construction Documents, cost estimates, updated Progress Schedules and any other documents and instruments relative to the Work and the
Project, to the end that Final Completion of the Work may be brought and maintained within the Guaranteed Maximum Price and Substantial Completion Date. 
  
 7.02 Construction Phase. Contractor agrees that during the construction phase (the “Construction Phase”) of the Work, which Construction
Phase shall commence immediately upon Owner’s notification to Contractor that current tenant has vacated the Hanover, NJ facility and shall terminate on the date of Final Completion of the Work, it shall perform the following services:

  
 (a) establish procedures for the orderly and expeditious
performance and Final Completion of the Work in accordance with the terms of this Agreement; perform, or require to be performed, all Work necessary in connection therewith; establish procedures for administration of Trade Contracts; and maintain
coordination among Trade Contractors; 
  
 (b) prepare Project site
organization and lines of authority in order to carry out the Work on a coordinated basis; 
  
 (c) organize staff and assign personnel, as approved by Owner, to various areas to provide a positive and efficient means by which the Work may be controlled, coordinated and expedited; 
  
 (d) in consultation with Owner and Architect, update the latest Construction
Budget prepared in the course of the Pre-Construction Phase, setting forth in such manner and detail as Owner may require, all anticipated costs of the Work for (i) all Trade Contractors performing labor or furnishing materials under Trade
Contracts, other than Trade Contracts awarded solely for the 

  

 15 

 
performance of General Conditions Work Items, on a trade-by-trade and square foot basis, (ii) all of the Contractor’s personnel and labor referred
to in Section 3.06(a) hereof, and (iii) all General Conditions Work Items, broken down on an itemized, line item basis, and segregated to reflect those portions of said General Conditions Work Items which are to be performed by Contractor
and those portions which are to be performed by Trade Contractors; update monthly, in consultation with Owner and Architect, and submit to Owner for its approval, such Construction Budget, and make such adjustments thereto, including adjustments by
reason of approved Change Orders and Emergency Change Orders, to keep Owner currently informed as to the anticipated aggregate Costs of the Work. Contractor agrees that if there exists any factor, event or occurrence of any kind which in
Contractor’s opinion, inhibits or prevents the furnishing of accurate cost forecasts, then and in such event, Contractor promptly shall so advise Owner in writing; 
  
 (e) coordinate the scheduling of the Work; 
  
 (f) require submission of, and review, progress schedules of Trade Contractors and make adjustments to such schedules as
appropriate in an effort to continue the expeditious Final Completion of the Work within the time periods set forth in the Progress Schedule; 
  
 (g) except as otherwise provided in Article XXIII hereof, obtain Owner’s written approval of any changes in the Work and any approvals or other
documents necessary in connection therewith; 
  
 (h) conduct
necessary job and coordination meetings, which job meetings shall be held not less often than weekly unless not required and which coordination meetings shall be held as required, and attend all such meetings; 
  
 (i) prepare agendas and detailed written minutes of each job and coordination
meeting and furnish copies thereof to Owner and Architect; 
  
 (j)
prepare and maintain Project record keeping system, including records of all changes in the Work necessitated by reason of Change Orders, Emergency Change Orders and Field Orders, Work progress schedules, daily manpower breakdown, shop drawing logs,
material lists, records of all pertinent communications with, and recommendations made to, Architect and its responses thereto, and daily reports recording manpower breakdowns on a trade-by-trade basis with a description of the Work being performed
each day by each trade, equipment and material deliveries, visitors, special occurrences, weather conditions, and other Work related information and make such on-Project Site records available for inspection to Owner (and, if required by Owner, to
Architect and/or Consultants). In addition, copies of all correspondence pertaining to the Work shall be maintained by Contractor and shall be made available at all times to Owner; 
  
 (k) submit to Owner each month a “Job Progress Report” which shall describe the following: (i) the financial
condition of the Work, including Trade Contract awards, Project modifications, anticipated cost summary and Change Order summary; (ii) construction status, including updated Progress Schedules with projected critical dates, status of job
progress to date, current Work activity, projected Work activity for the following month and job photos; (iii) drawing status and (iv) any issues that may impact the above schedule and cost. 
  

 16 

 (1) require that Trade Contractors submit and assemble and review, brochures, guarantees, certificates of
compliance and other agreements and instruments; 
  
 (m) obtain
and review for constructability (but not as a substitute for Architect’s technical review) all shop drawings, samples and catalog cuts submitted by Trade Contractors and comment to Owner and Architect on their form and any significant
inconsistencies between the shop drawings and the Construction Documents; and after Contractor shall so review said documents it shall promptly submit the shop drawings to Architect for review and approval. Architect shall review and return to
Contractor all shop drawings and other submittals within ten (10) business days. After return of the shop drawings from Architect, review Architect’s comments to the shop drawings; and distribute them to the submitting Trade Contractor and
all other affected parties so that the Work may be properly coordinated and implemented into the Project. Contractor shall not be responsible for design errors and omissions. Contractor shall use its best efforts to discover and resolve any
conflicts between shop drawings submitted by Trade Contractors; Contractor acknowledges and agrees that as part of its obligations under this Agreement, Contractor and its Trade Contractors are to prepare and submit shop drawings and other
submissions, conduct coordination meetings and prepare coordination drawings for the purpose of coordinating the work required of Contractor and its Trade Contractors. Owner shall require the attendance of Architect at coordination meetings, when
requested by Contractor. This process, in part, is intended to recognize and resolve design conflicts in advance of fabrication and installation of the various components of the Work. Contractor agrees that it shall expeditiously and thoroughly
prepare and submit shop drawings and conduct and conclude the coordination effort at the earliest possible time so as to facilitate the recognition and resolution of conflicts, including errors in the Construction Documents, such that any adverse
effects on the progress of the Work are avoided to the fullest extent reasonably possible. Similarly, the proposal of substitutions in accordance with Article XXIII of this Agreement shall be conducted at the earliest possible time. Nothing herein
shall relieve Contractor from its own failure to comply with its obligations with respect to shop drawings, samples and catalog cuts; 
  
 (n) at the Project Site, on a current basis: 
  
 (i) maintain, and make available to Owner, Architect and/or Consultants, copies of any records with respect to Trade Contracts, shop
drawings, samples, operating manuals, the Construction Documents, equipment and any and all other related documents and any revisions to any of the foregoing which may arise out of, or be related to, this Agreement; 
  
 (ii) maintain and provide, and make available to Owner,
Architect and/or Consultants, progress photos taken on a monthly basis according to a plan, as previously approved by Owner; and 
  
 (iii) upon final completion of the Work, deliver to Owner copies of a complete set of marked “as-built drawings”, with respect
to mechanical, electrical and plumbing showing the Work, as actually completed, together with copies of all operating instructions and maintenance manuals (bound and indexed); and 
  

 17 

 (o) establish and coordinate with Owner a system for processing, expediting and administering all Trade
Contracts for the purchase of materials, supplies and equipment. Manage the procurement and delivery of critical materials to the Project Site and coordinate the deliveries with the progress of the Work; 
  
 (p) notify Owner and Architect of the progress of the Work, and advise Owner,
in accordance with the provisions of Article VI hereof, of any delays or serious potential delays which may affect Substantial Completion of the Work and of Contractor’s recommendations regarding such delays; 
  
 (q) inspect and coordinate the work of all Trade Contractors, enforce the
terms of their respective Trade Contracts and enforce strict discipline and good order among all Trade Contractors in an effort to see that the Work is performed in accordance with the terms of such Trade Contracts, the Contract Documents,
recognized trade standards and the applicable laws, rules and regulations of governmental authorities having jurisdiction over the Work and endeavor to guard Owner against any delays, increased costs and defects and deficiencies in the Work. In
connection with the foregoing, Contractor shall (i) require any Trade Contractor to stop the performance of any Work which Contractor observes is not in compliance with the requirements of its respective Trade Contract, the Contract Documents,
recognized trade standards or the applicable laws, rules and regulations of any governmental authorities having jurisdiction over the Work; (ii) reject and require to be corrected, those portions of the Work which Contractor discovers does not
conform to the requirements of the applicable Trade Contract, the Contract Documents, recognized trade standards or the applicable laws, rules and regulations of any governmental authorities having jurisdiction over the Work; (iii) inspect all
materials, supplies and equipment delivered or installed in connection with, or pursuant to, any Trade Contract in an effort to determine that the same are in compliance with the requirements of the applicable Trade Contract, the Contract Documents,
recognized trade standards and the laws, rules and regulations of all governmental authorities having jurisdiction over the Work and reject and require replacement of all non-conforming materials, supplies and equipment; and (iv) not employ on
the Work any person or Trade Contractor unfit for or unskilled in the assigned task and, remove such unfit or unskilled employee or such Trade Contractor from the Project site; 
  
 (r) arrange for all cutting, fitting or patching that may be required to complete the Work or to make its several parts fit
together properly; 
  
 (s) use best efforts to resolve disputes
between Trade Contractors relative to the performance of their work or the furnishing of materials, supplies or equipment in connection with the Work; 
  
 (t) arrange for the storage of all materials, supplies, systems and equipment provided in connection with the performance of the Work; 
  
 (u) maintain the Project site in a safe and orderly fashion and provide
Project site clean-up of the Work on a regular basis during the course of construction, and also upon Substantial Completion and Final Completion, as provided in this Agreement; 
  

 18 

 (v) enforce the implementation of necessary safety, health and environmental protection measures (as
required under Subsection (g) of Section 7.01 hereof) during the performance of the Work, which shall include, without limitation, the erection and maintenance of all reasonable safeguards and the posting of danger signs and other warnings
against hazards, conduct inspections and require that all Trade Contractors comply with all Federal, State and local safety, health, equal opportunity and environmental protection and other requirements, laws, rules and regulations as well as all
necessary safety, health and environmental protection measures as provided herein applicable to the Work; 
  
 (x) prepare a schedule of values and Applications for Payment in a form reasonably approved by Owner; determine, prior to the submission of each
Application for Payment, whether and to what extent the sums requested herein are due and payable; and certify to the best of Contractor’s knowledge, information and belief the same to Owner; 
  
 (y) make recommendations with respect to any changes Contractor may consider
necessary or desirable in connection with the Work (including, but not limited to, events of force majeure or Contemplated Delay), it being understood and agreed that, except as otherwise provided in Section 23.05 and 23.06 hereof, no changes
to the Contract Documents may be made in connection with the Work without the prior written approval of Owner; 
  
 (z) issue to Trade Contractors (i) all Change Orders approved by Owner, and (ii) all Emergency Change Orders and Field Orders in the manner and
in accordance with the provisions set forth in Article XXIII hereof; 
  
 (aa) with respect to portions of the Work to be performed pursuant to a Change Order, an Emergency Change Order, or a Field Order, on a time and material, unit-cost or other similar basis, keep and require the keeping of records and
computations thereof and maintain accurate cost accounting records, and provide copies thereof to Owner; 
  
 (bb) review all Trade Contractors’ insurance documents for compliance with the provisions of their respective Trade Contracts. Inform Owner of any
deficiencies in said coverage; 
  
 (cc) assist Owner in
determining when Substantial Completion of the Work has taken place; subsequent to Substantial Completion of the Work, prepare (in consultation with Architect) lists of incomplete or unsatisfactory Work (“Punch Lists”) and perform or cause
to be performed, and supervise all work necessary to complete the items set forth on the Punch Lists; provided, however, that the failure to include any element of the Work on such Punch Lists shall not alter the responsibility of Contractor and/or
Trade Contractors to complete the Work in accordance with the Contract Documents; and subsequent to the completion of all items set forth on the Punch Lists items and any other unfinished portions of the Work, provide written notice to Owner,
Architect (and if requested by Owner, to Engineer and/or Consultants), that the Work has reached the stage of Final Completion and is ready for final inspection; 
  
 (dd) assist Owner’s maintenance personnel in the initial start up, testing and operation of the Work and all systems
comprising a portion of the same; 
  

 19 

 (ee) prior to making final payment under any Trade Contract, (i) prepare a Trade Contract status
summary indicating its financial status, complete with a summary of all approved Change Orders and payments made to date, and (ii) secure and deliver to Owner all required guarantees, affidavits, releases of liens, waivers, certificates,
consent of any surety to final payment, as-built drawings, maintenance manuals, operating instructions and other documents required to be delivered under this Agreement in connection with the Work; and 
  
 (ff) as part of fee and/or General Conditions Costs secure and deliver to
Owner all governmental consents, approvals, licenses and permits customarily obtained by a Contractor performing services and functions similar to the services and functions being performed by Contractor hereunder, including, but not limited to, a
temporary certificates of occupancy unless the failure to obtain the temporary certificate of occupancy is not due to any fault of Contractor, its Trade Contractors or anyone for whose acts they may be liable; it being expressly understood that the
making of final payment by Owner to Contractor hereunder shall be conditional upon the deliverance by Contractor of the foregoing to Owner unless the failure to obtain any of the above is due to causes beyond the reasonable control of Contractor.

  
 7.03 [Intentionally omitted.] 
  
 7.04 (a) Contractor and all Trade Contractors shall warrant and
represent that all materials and equipment incorporated in the Work shall be new and that the Work shall be of good quality, free from improper workmanship and defective materials and in strict conformance with the Contract Documents, and all
applicable laws, rules, requirements and regulations of any governmental authorities having jurisdiction over the work, including the requirements of the Board of Fire Underwriters or any successor thereto. All Work not conforming to these
requirements, including substitutions not properly approved and authorized, may be considered defective; provided, however, that if the Work does not comply with the aforesaid laws, rules, requirements and regulations by reason of the fact that the
Construction Documents do not so comply and Contractor had no knowledge of such non-compliance, nothing herein shall be deemed to shift any liability on account of such non-compliance from Architect to Contractor. This warranty is not limited by the
provisions of Section 7.04(b) hereof; 
  
 (b) Contractor and
all Trade Contractors shall guarantee all Work or portion thereof for a period of one (1) year after the earlier of Substantial Completion of the Work or beneficial or occupancy or any portion thereof or such longer period as prescribed by the
Construction Documents. In the event the Work or any portion thereof is found defective or not in accordance with the Contract Documents, within such time period, Contractor shall require the appropriate Trade Contractor to correct it promptly after
written notice from Owner to do so unless Owner has previously given written acceptance of such condition. Owner shall give such written notice promptly after discovery of the same. All warranties/guarantees for longer than one year shall be
assigned to Owner who shall enforce directly without recourse to Contractor; 
  

 20 

 7.05 If conditions are encountered at the site which are (i) subsurface or otherwise concealed
physical conditions which differ materially from those indicated in the Contract Documents or (ii) unknown physical conditions of an unusual nature, which differ materially from those ordinarily found to exist and generally recognized as
inherent in construction activities of the character provided for in the Contract Documents, then notice by the observing party shall be given to the other party promptly upon knowledge thereof or before conditions are disturbed. 
  
 ARTICLE VIII 
 Trade Contracts 
  
 8.01 Contractor shall provide to Owner, for Owner’s review and approval, a list of prospective bidders for each trade, wherein the Owner may add to or delete from such list subject to Contractor’s reasonable
approval. Contractor shall conduct, together with Owner and/or Architect, pre-bid conferences to inform prospective bidders of bid requirements and to answer questions concerning such requirements. Contractor shall obtain bids for each trade
contract from an appropriate number of pre-qualified bidders so as to obtain the most reasonable price for acceptable work. If the low bid for any bid package exceeds the Contractor’s budget line item price, one of the following procedures,
subject to Owner’s prior approval, shall be followed: 
  

	 	i.	Contractor may reject all bids and issue a revised invitation to bid, prepared by the Contractor. 

  

	 	ii.	Contractor may negotiate with the low bidder to reduce the price of the bid package to a cost not exceeding the budget line item price. 

  

	 	iii.	Contractor may recommend award of a contract to the low bidder for a price exceeding the budget line item. 

  
 Contractor shall submit for approval by Owner, an evaluation of bids and a recommendation of
a bid package. After Owner’s approval is granted, Contractor shall award the separate contract as required to provide all labor and materials for construction of the Project. Each trade contract awarded by Contractor shall be a separate
agreement awarded on the basis of competitive bids or negotiation if bidding is impracticable. The relationship of Contractor to each trade contractor shall be the same as that of a general contractor to a subcontractor. 
  
 8.02 Each Trade Contract shall require that all Work performed or materials,
supplies or equipment furnished pursuant thereto shall comply with the Contract Documents, the building permit and the trade standards, laws, rules, regulations and requirements of all governmental authorities having jurisdiction over the Work. It
is expressly understood and agreed that no portion of the Work shall be performed, and no materials or equipment required on account of the Work shall be furnished, by any Trade Contractor unless and until a Trade Contract for the same is entered
into between Contractor and the Trade Contractor in question in accordance with the provisions of Section 8.01 hereof and a copy thereof is delivered to Owner, unless Owner expressly waives, in each instance, the requirement that the same be
delivered as aforesaid. 
  
 8.03 It is expressly understood and
agreed that, except as otherwise provided in Section 15.01 hereof, each Trade Contract to be entered into by Contractor in connection with the Work shall 

  

 21 

 
(a) require the Trade Contractor with a contract in excess of $500,000 to obtain and execute, unless expressly waived in writing by Owner in each instance,
payment and performance bonds which shall be made a part hereof, and (b) contain the following: 
  
 (i) provisions for a retainage of ten percent (10%); 
  
 (ii) an obligation on the part of the Trade Contractor promptly to repair, at no additional cost to Owner,
any latent defects and to replace any defective materials, supplies or equipment, provided that notice thereof is given within one (1) year (or such shorter or longer period as may be contained in the Trade Contract in question approved by
Owner) after Substantial Completion of the Work, or should this Agreement and the applicable Trade Contract be sooner terminated by Contractor or Owner, within one (1) year (or such shorter or longer period as may be contained in the Trade
Contract in question) after the date of such termination, to the extent that the same were incorporated in the Work prior to the date of such termination; 
  
 (iii) a requirement that each Trade Contractor provide and maintain in full force and effect, until final payment is made under its Trade
Contract, the insurance more particularly described in the approved Trade Contract; and 
  
 (iv) a provision that if this Agreement is terminated by Owner pursuant to Article XIV hereof for cause, the Trade Contract, at the option
of Owner, shall be assigned by Contractor to Owner or such entity or entities as Owner may direct and, in such event, the assignee shall assume all of Contractor’s liabilities thereunder arising from and after the date of such assignment;
provided, however, that nothing contained herein shall be deemed to release Contractor from liability to such Trade Contractor or to Owner or such other entity or entities with respect to claims arising prior to the date of such termination.

  
 ARTICLE IX 
 Discounts, Rebates and Refunds 
  
 With submission of Contractor’s monthly Application for Payment, Contractor is obligated to inform Owner of any cash discounts which are anticipated
in the upcoming pay period. All cash discounts shall accrue to Owner provided Owner makes payment to Contractor within the period necessary to secure such discounts. Contractor promptly shall inform Owner of the availability of all cash discounts so
as to afford Owner the opportunity to obtain the same. All trade discounts, rebates, refunds and gratuities, if any, and all returns from the sale of surplus materials and equipment shall accrue to Owner and Contractor shall take such steps as are
necessary to insure that Owner receives all of the foregoing. 
  
 ARTICLE X 
 Accounting Records 
  
 Contractor shall monitor delivery to the Project site of all materials, equipment and supplies used in connection with the
Work or incorporated in the Project, shall check all labor performing Work and shall keep full and detailed accounting records and procedures in an effort to provide the 

  

 22 

 
proper financial management of the Work. Owner and Owner’s representatives shall have access to, and shall have the right to audit, upon reasonable
notice by Owner and for a period of three (3) years after Substantial Completion, all of Contractor’s records, books, correspondence, instructions, drawings, receipts, vouchers, memoranda and similar data relating to the performance of the
Work and the construction of the Project and Contractor shall (i) preserve all such records for a period of six (6) years after Substantial Completion of the Work, and (ii) if requested by Owner, no later than ten (10) days prior
to the expiration of such six (6) year period, deliver to Owner, at Owner’s cost copies of all or any portion of such records. 
  
 ARTICLE XI 
 Applications for
Payment 
  
 11.01 Owner shall make progress payments to
Contractor at monthly intervals for reimbursement of the costs incurred by Contractor during the Construction Phase in the performance of the Work and in payment of Contractor’s Fee and Reimbursable Expenses and General Conditions in accordance
with the following procedures, which procedures may be amended at the request of the Owner: 
  
 (a) on or before the first (1st) day of the calendar month following commencement of the Work and on or before the first (1st) day of each calendar month thereafter, Contractor shall submit to Owner, if
required, for review and certification, an application for partial payment (the “Application for-Payment”), in form satisfactory to Owner setting forth in complete detail (i) the portion of Reimbursable Costs incurred by Contractor in
connection with the Work during the immediately preceding thirty (30) day period for which Contractor is to be reimbursed as provided in Article IV hereof, and (ii) the amount of Contractor’s Fee and General Conditions attributable to
the percentage by which the Project has been completed as of the date of such application for partial payment minus the cumulative portion of such percentage which was paid by Owner to Contractor during previous months. To the extent allowed by
Owner under Article XXI hereof, any materials which are stored but have not been incorporated into the Project shall be listed separately on each Application for Payment. Owner shall have the right to require that any or all Applications for Payment
be accompanied by such documents (including written releases of lien from Contractor and/or Trade Contractors) as Owner may require to evidence that title to the equipment or materials incorporated, in the Project, or pre-purchased as provided in
Article XXI hereof, is unencumbered; 
  
 (b) Each Application for
Payment shall constitute a representation by Contractor that to the best of Contractor’s knowledge, information and belief: (i) the partial payment then requested to be disbursed has been incurred by Contractor on account of the Work or is
justly due to Trade Contractors on account thereof, (ii) the materials, supplies and equipment for which such Application for Payment is being submitted have been installed or incorporated in the Project, or have been stored at the Project Site
or at such off-Project Site storage locations as shall have been allowed by Owner hereunder; (iii) the materials, supplies and equipment are not subject to any liens or encumbrances, (iv) no mechanic’s, laborer’s, vendors,
materialman’s or other liens have been filed in connection with the Project or any of the materials, supplies or equipment incorporated therein or purchased in connection thereto, or if such lien has been filed and served upon Contractor a
statement to that effect and (v) the Work which is the subject of such Application for Payment has been performed in accordance with the Contract Documents; 
  

 23 

 (c) on or before the twentieth (20th) day after Owner’s receipt of the Application for Payment,
and upon Owner shall pay to Contractor an amount equal to the amount approved by Owner, less a hold-back set forth in Section 8.03(i) hereof, of the Trade Contract Costs (including payments to Trade Contractors for the performance of General
Conditions Work Items pursuant to Trade Contracts) with input by Architect, and the Contractor’s Fee and General Conditions without any retention. (With approval from Owner, Contractor may release Trade Contractor retention on a trade by trade
basis upon final completion of a given Trade’s work.) Contractor shall process and make payments for all obligations to Trade Contractors which are covered by the Application for Payment so paid by Owner within five working (5) days of
receipt of payment from Owner. This provision is strictly for the benefit of Owner in order that satisfactory morale and relations with Trade Contractors be maintained and shall not under any circumstances confer any right upon any third party. This
provision shall be waivable by Owner, in writing, in its absolute discretion; 
  
 (d) Within thirty (30) days following Substantial Completion of any portion of the Work and submission of an Application for Payment therefor by Contractor, Owner shall pay to Contractor an amount equal to the
balance remaining unpaid, less retention as set forth in Article 3.07 or, at Owner’s election, such lesser amount with respect to any Trade Contract as Owner may determine, necessary to complete Punch List items and replace defective work. Said
Application for Payment shall also be accompanied (i) by written releases, executed by each Trade Contractor receiving final payment under their respective Trade Contracts, waiving their right to file any mechanic’s, vendors,
laborer’s, materialman’s or other liens against the Project, and (ii) by such other certificates, as-built drawings, maintenance manuals, operating instructions, permits and other documents or instruments required to be delivered to
Owner at Final Completion of the Work under this Agreement. Notwithstanding the foregoing, it is expressly understood and agreed that if, at any time after any of the hold-back with respect to a particular Trade Contract is released, any lien or
claim is filed against the Project which relates to work performed or materials, supplies or equipment furnished by such Trade Contractor or its sub-Trade Contractors, Owner, at its option and provided Contractor does not bond or otherwise discharge
such lien within thirty (30) days, shall be entitled either (x) to hold back from the sums then due or next becoming due to said Contractor an amount equal to all costs and expenses to be incurred in causing such lien or claim to be
discharged of record, including, without limitation, attorneys’ fees and disbursements, or (y) to require that Contractor immediately discharge the same of record, at its sole cost and expense, except as provided in Section 4.01(h),
by payment, bonding or otherwise, or (z) to require that Contractor pay to Owner, on demand, the amount necessary to cause such lien or claim to be discharged of record, together with all costs and expenses incurred by Owner in connection
therewith, including, without limitation, attorneys’ fees and disbursements; 
  
 (e) Within thirty (30) days following Final Completion of the Work, and upon submission of a final Application for Payment therefor by Contractor (accompanied by all as-built drawings, certificates, releases of
lien and other documents and instruments not theretofore delivered to Owner as required under Sections 6.01 and 7.02, hereof) Owner shall pay to Contractor an amount equal to the aggregate of the balance remaining unpaid to Contractor on account of
Reimbursable Costs and the Contractor’s Fee and General Conditions Costs, the balance of any amounts held back under each Trade Contract. In addition, upon review and confirmation that Contractor has not exceeded the GMP, Owner shall pay to
Contractor Contractor’s GMP Compliance Fee. The acceptance by Contractor of final payment following Final 

  

 24 

 
Completion of the Work shall constitute a waiver of all those claims of which Contractor had knowledge unless the same is set forth in writing and identified
by Contractor in the final Application for Payment as unsettled at the time of Final Completion; any claim so identified in the final Application for Payment shall survive only for a period of one (1) year, as set forth in Article XXIX hereof;
and 
  
 (f) Anything contained in this Agreement to the contrary
notwithstanding, Owner, in its judgment reasonably exercised, may withhold from any payment due or to become due to Contractor any amount which Owner, in its good faith opinion, deems sufficient to reimburse Owner for its expenditures for the
account of Contractor and to secure Owner’s remedies in consequence of any default or breach by Contractor under this Agreement. 
  
 11.02 No payment by Owner (other than Final Payment) of any Application for Payment shall constitute acceptance by Owner of Work completed or material
stored, and no such payment shall be construed as a waiver of any right or claim by Owner in connection with such Work or stored material. 
  
 ARTICLE XII 
 Assignment

  
 12.01 Contractor shall not assign this Agreement or
the performance of all or any of its obligations hereunder without the prior written consent of Owner, which consent may be given or withheld in Owner’s sole and exclusive discretion. The provisions of this Section 12.01 may not be waived
or otherwise modified except by a written instrument executed by Owner. 
  
 12.02 This Agreement shall be freely assignable by Owner without the consent of Contractor, any person or entity. If Owner shall assign this Agreement as aforesaid, Contractor agrees that it shall deal with such assignee in the place and
stead of Owner and that it shall perform all of its obligations under this Agreement and perform and complete the Work in the manner required by this Agreement if Owner is not in default or if assignee cures the existing default. In such event, such
assignee or other may, among other things, use the Contract Documents without payment of any additional fees or charges and may enforce the obligations of Contractor hereunder with the same force and effect as if approved assignee assumes the
obligations and liabilities of Owner. Upon such assignment and assumption by the assignee, Owner shall be released from all of its payment and other obligations and liabilities hereunder. Contractor shall certify, in the form reasonably required by
any such assignee, that the undertakings contained herein as to the obligations in favor of such assignee or other approved assignee shall run in favor of such assignee. 
  
 ARTICLE XIII 
 Liens and Claims 
  
 13.01 If, at any time,
there is any lien or claim of any kind whatsoever filed against the Project by a Trade Contractor or anyone claiming under or through Contractor for work performed or materials, supplies or equipment furnished in connection with the Work for which
Owner shall have 

  

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paid or reimbursed Contractor, and Contractor shall not have reimbursed such Trade Contractor or other person or entity, then, Contractor shall, within
thirty (30) days after notice from Owner, cause such lien or encumbrance to be canceled and discharged of record by bonding or otherwise as a General Conditions expense as provided in Section 3.01. 
  
 13.02 If, at any time, there is any lien or claim of any kind whatsoever
filed against the Project by a Trade Contractor or anyone claiming under or through Contractor or a Trade Contractor for work performed or materials, supplies or equipment furnished in connection with the Work for which Owner shall not have paid or
reimbursed Contractor by reason of Owner’s proper exercise of its right to withhold payment to Contractor under the applicable provisions of this Agreement, then, Contractor shall, within thirty (30) days after notice from Owner, cause
such lien or encumbrance to be cancelled and discharged of record by bonding or otherwise, at Owner’s sole cost and expense. 
  
 13.03 If any lien required to be removed pursuant to Sections 13.01 and 13.02 hereof is not cancelled and discharged of record as aforesaid, Owner shall
have the right to take such action as Owner shall deem appropriate (which shall include the right to cause such lien to be cancelled and discharged of record by bonding or otherwise, and in such event, all costs and expenses incurred by Owner in
connection therewith (including, without limitation, premiums for any finance furnished in connection therewith, and reasonable attorneys’ fees and disbursements) shall be paid by Contractor to Owner on demand, or at the option of Owner,
deducted from any payment then due or thereafter becoming due from Owner to Contractor in accordance with the provisions of this Agreement. 
  
 13.04 All of the above actions shall be conducted in accordance with lien laws in the state of New Jersey. 
  
 ARTICLE XIV 
 Events of Default and 
 Termination or Suspension of Agreement

  
 14.01 (a) Any of the following events shall
constitute an event of default (“Event of Default”): 
  
 (i) Contractor shall default in observing and performing any of its material obligations under this Agreement and such default shall not have been cured within fifteen (15) days after Owner shall have given
Contractor written notice thereof (or if not curable within fifteen (15) days, provided Contractor has in good faith commenced to cure); or 
  
 (ii) Contractor becomes a party to any insolvency proceeding in a capacity as a debtor, and, in the case of any involuntary proceeding
only, such proceeding is not stayed or discharged within thirty (30) days after the commencement of same; the terms “insolvency proceeding” as used herein shall include the filing of a petition for relief under Chapter 11 of Title 11
of the United States Code by Contractor of any petition or action looking to, or seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any other present or future Federal or State
statue, law or regulation, or the appointment, with or without the consent of Contractor, of any trustee, custodian, receiver or liquidator of Contractor or 

  

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of any of its property or assets or Contractor’s making an assignment for the benefit of creditors; then, to the extent permitted by law, Owner may
serve written notice upon Contractor terminating this Agreement on date specified by Owner in said notice; 
  
 (b) Upon the occurrence of an Event of Default, at Owner’s option, exercised by written notice to Contractor, title to any or all materials, Work in
process, dies and tools (whether on the Project Site or located at an off-Project Site location) which are necessary for, or useful in connection with, the Final Completion of the Work, as determined by Owner, shall vest in Owner and Owner may take
possession of and utilize the same for Final Completion of the Work. Contractor shall be entitled to payment, after Final Completion of the Work, in an amount equal to (i) the aggregate of (x) the actual unpaid costs incurred by Contractor
in its proper performance of the Work up to the date of termination, plus the portion of the Contractor’s Fee and General Conditions attributable thereto (including that portion of such costs and the Contractor’s Fee and General Conditions
theretofore held back which Contractor shall be entitled to receive pursuant to the provisions of this Agreement), and (y) the fair market value of such tools and dies (less, if Owner elects to return the tools and dies to Contractor, the
salvage value thereof), less (ii) an amount equal to the additional costs and expenses (including attorneys fees and disbursements) incurred by Owner in excess of those which would have been incurred by it in connection with the Project had
Contractor not defaulted hereunder, including, without limitation, the additional expense of engaging another Contractor/general contractor as well as additional compensation for Architect’s and any Consultant’s additional services made
necessary by such default (including reasonable legal fees incurred). Owner shall have the right to set-off against the aforesaid payment any amounts then due and payable by Contractor to Owner hereunder or which may accrue as damages owing by
Contractor to Owner under the terms of this Agreement (it being understood that under no circumstances shall Contractor be liable or responsible for consequential damages, including lost profits, lost revenue or additional financing except as
specified in Section 6.04 above); 
  
 (c) Upon the happening
of any of the events set forth in subsection (a) of this Section 14.01, Owner shall have the right, in addition to all other rights and remedies, to complete or cause the Work to be completed, by such means, and in such manner, by contract
or otherwise, as Owner reasonably deems advisable, subject, however, to the terms and conditions of the payment and performance bonds required of Contractor hereunder; and 
  
 (d) In the event of the happening of any of the events set forth in subsection (a) of this Section 14.01,
Contractor shall not interfere, directly or indirectly, with Owner’s right and attempt to complete the Work by others or any of the Trade Contractors. 
  

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 14.02 (a) Owner, at any time, and for any reason whatsoever in Owner’s sole discretion, may
terminate this Agreement for its own convenience. Any such termination shall be effected by delivering to Contractor a notice of termination specifying the date upon which such termination shall become effective (which date shall be at least seven
(7) days prior to the effective date of such termination) and any specific portion of the Work to be completed by Contractor prior to such termination. Upon receipt of any such notice of termination, Contractor shall: 
  
 (i) stop all Work under this Agreement on the date, and to
the extent, specified in the notice of termination; 
  
 (ii) enter into no further Trade Contracts except as may be necessary for completion of such portion of the Work under this Agreement, if any, which is not terminated; 
  
 (iii) unless directed otherwise by Owner, terminate all Trade Contracts entered into by Contractor to the
extent that they relate to portions of the Work to be performed subsequent to the date specified in the notice of termination as the date upon which such termination shall become effective; 
  
 (iv) at Owner’s option, assign to Owner or such other
entity or entities as Owner may direct, in the manner, at the times, and to the extent directed by Owner, all of the right, title and interest of Contractor under any or all Trade Contracts entered into by Contractor in connection with the Work, in
which case, Owner or such other entity or entities, as the case may be, shall assume all of Contractor’s obligations arising under such Trade Contracts. Contractor shall include in each and every Trade contract a provision specifically
contemplating and validating any such assignment and the Trade Contractor agreement to continue to perform its services under the Trade Contract without interruption; 
  
 (v) to the extent required by Owner and subject to the prior written approval of Owner, settle all
outstanding liabilities and all claims arising out of such termination of Trade Contracts, which approval by Owner shall be final for all the purposes of this Section 14.02; provided, however, that in the event of a termination of this
Agreement pursuant to the provisions of this Section 14.02, no Trade Contractor shall be entitled to recover anticipated profits on account of Work unperformed, nor for reimbursement for losses arising out of matters covered by insurance, but
shall be limited to recovering only the reasonable and actual out-of-pocket costs and expenses incurred by such Trade Contractor for Work satisfactorily performed or materials, supplies and equipment procured, ordered, fabricated, incorporated or
installed in the Project (plus overhead and profit) prior to the effective date of such termination along with reasonable and verifiable demobilization and closeout expenses; 
  
 (vi) if applicable, transfer title to Owner, to the extent not already vested in Owner, and deliver in the
manner, at the times, and to the extent, if any, directed by Owner (x) fabricated or unfabricated parts, Work in progress, completed Work, supplies and other materials and equipment produced as a part of, or acquired in connection with the
performance of, the Work terminated by such notice of termination, and (y) copies of the Contract Documents and other drawings, sketches, specifications, shop drawings, information and other relevant documentation directly related to the
performance of the Work; 
  
 (vii) use its best
efforts to sell, in the manner, at the times, to the extent, and at the price or prices directed or authorized by Owner, any property of the types referred to in clause (vi) of this Section 14.02(a); provided, however, that Contractor
(x) shall not be required to extend credit to any purchaser, and (y) may acquire any such property under the conditions prescribed and at a price 

  

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or prices approved by Owner; and provided, further, that the proceeds of any such transfer or disposition shall be applied in reduction of any payments to be
made by Owner to Contractor under this Agreement or shall otherwise be credited to Reimbursable Costs or paid in such other manner as Owner may direct; 
  
 (viii) complete Performance of such part of the Work as shall have been specified in the notice of termination to be completed on or
before the effective date of such termination; and 
  
 (ix) prior to the effective date of such termination, take such actions as may be necessary, or as Owner may reasonably direct, for the protection and preservation of the property related to the Work and the Project which is in the
possession of Contractor and in which Owner has or may acquire an interest; 
  
 (b) In the event of a termination of this Agreement, pursuant to this Section 14.02, Contractor shall be paid by Owner for the actual unpaid Reimbursable Costs and General Conditions Costs incurred by Contractor
in connection with its performance of the Work up to the date of such termination and any reasonable demobilization costs, including costs (and legal expense) associated with closing out of executed contracts and purchase orders, plus the balance of
the Contractor’s Fee and the portion of General Conditions attributable thereto, less any sums properly deductible by Owner under the terms of this Agreement. Contractor agrees that the pendency or existence of any dispute between Contractor
and Owner, Architect, Engineer or Consultants shall in no manner whatsoever affect or interfere with the discharge of Contractor’s obligations hereunder and that should Contractor fail to perform its obligations under this Section 14.02
Contractor shall be liable to Owner for any and all damages which Owner may sustain as a result of such failure on the part of Contractor to perform said obligations (excluding consequential damages such as lost profits, lost revenue or additional
financing, except as specified in Section 6.04 above). 
  
 14.03 Owner may, at any time and for any reason, direct Contractor to suspend, resequence, stop or interrupt the Work or any portion thereof for a period of time including governmental suspensions under 14.04(b). Such direction shall be in
writing and shall specify the period during which the Work is to be stopped. Contractor shall resume the Work upon the date specified in such direction or upon such other date as Owner may thereafter specify in writing. Contractor shall be entitled
to recover as a Change Order the actual additional costs incurred, plus an equitable time extension. 
  
 14.04 If, without good cause, Owner shall fail for a period of ten (10) days after the due date to make payment on any approved Application for
Payment, or if the Work should be stopped (a) for a period in excess of one hundred and twenty (120) days at Owner’s request, or (b) for a period in excess of one hundred and eighty (180) days under an order of any court or
other public authority having jurisdiction over the Work or the Project or as a result of an act of government, such as a declaration of national emergency making materials unavailable through no act or fault of Contractor, then Contractor
immediately shall serve Owner with notice thereof, and, if Owner shall fail (i) to make such payment, as the case may be, or (ii) to rescind Owner’s order suspending the Work to which reference is made in subsection (a) of this
Section 14.04 within ten (10) days after receipt of such notice, or if the delay described in subsection (b) of this Section 14.04 shall be 

  

 29 

 
continuing beyond ten (10) days after receipt of such notice, then this Agreement may be terminated by Contractor by written notice to Owner setting
forth the date of termination, which date shall not be sooner than ten (10) days after the date of the notice. If, within said ten (10) day period, the matter giving rise to Contractor’s right to terminate this Agreement shall not
have been cured or discontinued, this Agreement shall be deemed terminated for convenience and Contractor shall be compensated in the manner and to the extent set forth in Section 14.02 hereof. 
  
 14.05 If, without good cause, Owner shall fail after the due date to make
payment on any approved Application for Payment, then Contractor immediately shall serve Owner with notice thereof, and, if Owner shall fail to cause such Application for Payment to be issued or to make such payment, as the case may be, within ten
(10) days after receipt of such notice, then Contractor may suspend its Work by written notice to Owner setting forth the date of such suspension, which date shall not be sooner than ten (10) days after the date of the notice and
Contractor shall be entitled to payment in accordance with the provisions of this Agreement. 
  
 ARTICLE XV 
 Bonds 
  
 15.01 Any Trade Contractor with a contract in excess of $500,000 shall furnish payment and performance bonds and shall name
Owner and Contractor as co-obligees. The bonds shall be in an amount equal one hundred (100%) percent of their respective Trade Contracts. 
  
 ARTICLE XVI 
 Management of the Work

 by Contractor and Owner 
  
 16.01 Contractor shall assign David Dorsey, as Project Manager, who will devote one hundred percent (100%) of his time to the Project, to supervise
performance of the Work. 
  
 16.02 Contractor agrees that the
Project Manager shall be assigned to the Work on a full-time basis. The Project Manager shall be stationed at Contractor’s office and the Project site until Substantial Completion of the Work in order to facilitate performance and completion of
the Work in the most expeditious and economical manner consistent with the interests of Owner. In addition to the above mentioned staff person, Contractor shall also staff the Project with a team of persons reasonably acceptable to Owner. It is
expressly understood and agreed that with respect to the Project Manager and Superintendent, Contractor (i) shall remove, at the request of Owner, any such person assigned to the Project that Owner shall deem unfit to perform the task assigned
to him or otherwise finds objectionable, (ii) shall propose substitutes, and obtain Owner’s approval, for any such persons assigned to the Project who either cease to be in Contractor’s employ or are removed from the Project by reason
of Owner’s request as aforesaid, and (iii) shall not make any substitutions of such persons that have been approved by Owner without first obtaining Owners prior approval therefor, which approval shall not be unreasonably withheld.

  
 16.03 Owner hereby designates and appoints Allan Wenzel and
anyone else who, with prior 

  

 30 

 
notice to Contractor, Owner may designate or appoint, to act in conjunction with said “Owner” hereunder. Any such approval or consent given by
shall be binding on Owner unless and until Contractor has received written notice from Owner of the designation or appointment of a successor to the foregoing. 
  

ARTICLE XVII 
 Consultants

  
 Contractor understands that Owner intends to retain
Consultants to furnish such services as may be designated by Owner in writing. Contractor hereby agrees that upon its receipt of written notice of the retention of the services of such Consultants, accompanied by a designation of the nature of the
service to be performed, Contractor shall recognize, and cooperate with, such Consultants to the end that their service may be performed in the best interest of Owner. 
  
 ARTICLE XVIII 
 Insurance 
  
 The parties hereby agree that
the Project shall be insured as set forth in Exhibit B hereof. 
  
 ARTICLE XIX 
 Hazardous Materials 
  
 19.01 Contractor shall not cause or permit the Project or the Project site to be used to generate, manufacture, refine,
transport, treat, store, handle, dispose, transfer, produce or process Hazardous Materials and Hazardous Substances, except in compliance with all applicable Federal, State and local laws or regulations as required for completion of the Work.
Contractor shall comply with and ensure compliance by all Trade Contractors, sub-Trade Contractors and vendors with all applicable Federal, State and local laws, ordinances, rules and regulations, whenever and by whomever triggered, and shall obtain
and comply with, and ensure that all Trade Contractors, sub-Trade Contractors and vendors obtain and comply with, any and all approvals, registrations or permits required thereunder. Contractor shall defend, indemnify, and hold harmless, as defined
in Section 29.11 hereof, Indemnitees from and against any claims, demands, penalties, fines, liabilities, settlements, damages, costs, or expenses of whatever kind or nature, known or unknown, contingent or otherwise, arising out of, or in any
way related to Contractor’s failure to perform its obligations hereunder, including, without limitation, attorney and consultant fees, investigation and laboratory fees, court costs, and litigation expenses. For purposes of this Section,
“Hazardous” includes, without limitation, any flammable explosives, radioactive materials, hazardous materials, hazardous wastes, hazardous or toxic substances, or related materials defined in the Comprehensive Environmental Response,
Compensation, and Liability Act of 1980, as amended (42 U.S.C. Sections 9601, et seq.), the Superfund Amendments and Reauthorization Action of 1986 (Pub.L. No. 99-499, 100 stat. 1613 (1986), the Hazardous Materials Transportation Act, as
amended (49 U.S.C. Sections 1801, et seq.), and in the regulations adopted and publications promulgated pursuant thereto, or any other federal, state or local environmental law, ordinance, rule, or regulation. The provisions of this Section shall be
in addition to any and all other obligations and liabilities Contractor may have to the Owner at common law, and shall survive Final Completion of the Work. 
  

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 19.02 Contractor shall not be required to perform any Work in an area affected by suspected or confirmed
Hazardous Materials. Such Work shall be resumed as Owner and Contractor agree in writing, and only if (i) Owner causes remedial Work to be performed which results in the absence of Hazardous Materials or provides a proper certification to
Contractor that materials suspected to be Hazardous Materials are, in fact, not Hazardous Materials and (ii) the Work may safely and lawfully proceed, as certified either by an appropriate governmental authority (receipt of an ACP-5, or
equivalent) or by an environmental engineer reasonably satisfactory to both Owner and Contractor who shall submit a written report to both Owner and Contractor evidencing such certification (such engineer shall be retained, and be paid by Owner).

  
 Notwithstanding anything to the contrary set forth in this
Agreement, Contractor shall not be required to perform any services or Work or other activities in connection with suspected or confirmed existing Hazardous Materials. Owner hereby agrees to release, remise and discharge Contractor from any and all
claim, demands and liability in connection with suspected and confirmed existing Hazardous Materials, whether now known or unknown, except to the extent any such claim, demand or liability is caused by the negligence of Contractor. In no event, and
notwithstanding anything to the contrary in this Agreement, shall Contractor have any indemnification obligations to Owner in connection with any claim, damage, loss, expense, cost or liability arising out of, or in connection with, the existence of
any suspected or confirmed Hazardous Materials presently existing at the Project, except to the extent arising out of Contractor’s negligence. Owner hereby agrees to defend, indemnify and hold Contractor, its officers, directors and employees
harmless of, from and against any and all liability, loss, claim, demand, damage, judgment, cost and expense, both criminal and civil (including reasonable attorneys’ fees and expenses) arising out of or in connection with the existence of
hazardous or contaminated materials of any kind presently existing at the Project. 
  
 ARTICLE XX 
 Materials and Equipment 
  
 20.01 As the Work progresses, title to each item of material or equipment
shall vest in Owner upon the earlier to occur of (a) incorporation of such item into the Work, or (b) payment for such item by Owner. Each such item shall then become the sole property of Owner, subject to the right of Owner to reject the
same at any time prior to Final Completion for failure to conform to the Contract Documents. Accordingly, Contractor shall be responsible for arranging for insuring materials and equipment until the same are incorporated into the Work unless
otherwise covered by Owner’s Builders Risk insurance. 
  
 20.02 Contractor shall require each Trade Contractor to warrant that (a) title to all materials and equipment incorporated in the Work or paid for by Owner shall pass to Owner free and clear of all liens, claims, security interests and
encumbrances of every kind, and (b) that no materials or equipment covered by any Application for Payment will have been acquired by any other person performing work at the Project site or furnishing materials and equipment in connection with
the Work subject to an agreement under which an interest therein or an encumbrance thereon shall have been retained by the seller or otherwise imposed by seller or any other person. 
  

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 20.03 (a) Except as otherwise agreed to as Owner approved individual Trade Contract awards, or as
included in the GMP, it is not anticipated that Contractor will be paid for stored offsite materials (with the exception of the curtain wall Trade Contract), however, Owner, in its sole discretion, can elect to pay Contractor in accordance with this
Section 20.03. In such event Contractor shall be entitled to arrange for the pre-purchase of certain materials and equipment to be incorporated in the Work provided that Owner shall have given its prior written consent thereto in each instance.
If Owner shall have approved any such pre-purchasing of materials or equipment as aforesaid, Contractor shall pre-purchase the same in Owner’s name, and on Owner’s behalf. In such event, Owner shall advance the amount necessary to enable
Contractor or its Trade Contractor to pre-purchase such materials or equipment upon presentation to Owner of a bill or statement therefor, together with any other documents as reasonably may be requested by Owner. Contractor, simultaneously with its
receipt of any such advance from Owner, shall deliver to Owner a bill of sale with respect to the materials or equipment pre-purchased evidencing unencumbered title to the same in Owner’s name, together with any warranties, certificates of
insurance and other documents requested by Owner evidencing that such materials and equipment are covered by such insurance as shall have been specified by Owner; 
  
 (b) All materials and equipment pre-purchased as aforesaid shall be stored at the Project site or at such off-Project site
storage locations as shall have been approved in writing in each instance by Owner. Any materials or equipment stored at such off-Project site storage locations shall be segregated from materials and equipment of others, shall be clearly labeled to
evidence Owner’s ownership interest and shall otherwise be stored in such manner as directed by Owner. Insurance premiums, storage costs and other reasonable expenses incurred by reason of such off-Project site storage in accordance with the
provisions of this Section 20.03 shall be included in the Reimbursable Costs. The risk of loss or damage to such materials and equipment shall remain with Trade Contractor until the delivery of such materials and equipment to the Project site,
to the extent and as set forth in Section 20.01 hereof; 
  
 (c) All Trade Contracts, agreements, guarantees, or warranties executed or delivered in connection with materials and equipment which are pre-purchased by Contractor as provided herein shall provide that if, upon inspection of the same by
Contractor or Architect, or if, upon incorporation of the same in the Project, Owner, Contractor or Architect determines that such materials or equipment, or any portion thereof, are faulty or defective in any respect, such materials or equipment,
or portion thereof, shall be replaced, at such Trade Contractor’s sole cost and expense, promptly after receipt of written notice to such effect from Owner, Architect or Contractor. 
  
 ARTICLE XXI 
 Substitutions 
  
 21.01 (a) The
products, materials and equipment of manufacturers referred to in the Construction Documents are intended to establish the standard of quality and design required by Architect. Anything contained in the Construction Documents to the contrary
notwithstanding, materials of manufacturers other than those specified may be used only if accepted by Owner as provided in this Article XXI. 
  

 33 

 (b) Architect, in consultation with Owner, shall be the judge of equivalency of proposed substitute
materials. Architect shall make written recommendations of acceptance or rejection of substitute products, materials or equipment to Owner. Owner shall then authorize Architect to issue to Contractor written approval or rejection of the
substitution. Contractor shall inform the appropriate Trade Contractor of said approval or rejection. Owner, in its reasonable discretion, may authorize rejection of a proposed substitution notwithstanding the fact that Architect may have judged it
equivalent and recommended acceptance of the same. 
  
 21.02
(a) When two or more products are specified in the Construction Documents for an item of Work, any one thereof shall be deemed acceptable and Contractor shall have the choice as to which product to use. 
  
 (b) When only one product is specified in the Construction Documents for an
item of Work and the term “or equal” is used in connection with such product, Contractor may offer a substitution by submitting a written application to Architect, in sufficient time (taking into account the progress of the Work, the
period of delivery of the goods concerned and adequate time for Architect’s review), setting forth and fully identifying (i) the proposed substitute, together with substantiating data, samples, brochures and other supporting documentation
of the substitute it proposed, including, without limitation, evidence that the proposed substitution (w) is equal in quality and serviceability to the specified item, (x) will not entail changes in detail, schedule and construction of
related Work, (y) conforms with the design of the Project and its artistic intent, and (z) will not result in an increase in the cost of the Work or alternatively, will result in a cost change as indicated in the application, and
(ii) the changes in other parts of the Work required by reason of the proposed substitute, and the cost consequences associated therewith, for which cost consequences Owner shall be responsible. A copy of any such application shall be delivered
to Owner simultaneously with its delivery to Architect. 
  
 (c)
When only one product is specified in the Construction Documents for an item of Work and the term “or equal” is not used in connection with such product, Owner, in its sole and absolute discretion (as provided in Section 22.01(b)
hereof), may authorize the rejection of any substitution proposed by Contractor. Notwithstanding the foregoing, if such specified product shall become unavailable for a material period of time and Owner receives reasonably satisfactory proof from
Contractor that the same shall be unavailable for reasons other than the failure of Contractor or a Trade Contractor to order such product in a timely manner, consistent with the Contract Documents and the scheduling requirements for the Work, then,
in such event, Owner shall consent to such substitution, in which event any change in costs incurred in connection with the use of such substitution shall be confirmed by a Change Order. 
  
 21.03 Contractor shall support any request for a substitution with sufficient evidence to permit Architect to make a fair
and equitable recommendation to Owner on the merits of the proposal. Any item by a manufacturer other than those cited in the Construction Documents, or of brand name, or model number or size or generic species other than those cited in the
Construction Documents, shall be considered a substitution. 
  
 21.04 Acceptance of substitutions shall not relieve the appropriate Trade Contractor from 

  

 34 

 
responsibility for compliance with all of the requirements of the underlying Contract Documents. If changes in other parts of the Work are required by reason
of approved substitutions, the costs of any such changes shall be included in the cost of the Work. 
  
 21.05 In no event shall the Project Schedule be adjusted by any circumstance resulting from a proposed substitution, nor shall Contractor be entitled to
any compensation related thereto, without the issuance of a change order approved by Owner in accordance with Article XXI hereof. 
  
 ARTICLE XXII 
 Changes in the Work

  
 22.01 (a) A Change Order shall be the instrument
required to authorize any change in the Project which would result in (i) a change in Drawings or Specifications, or any other Contract Documents, (ii) a deviation from design standards established for the Project or any part thereof,
(iii) an extension of the Substantial Completion Date or the Final Completion Date from and after the date of the commencement of the Construction Phase. 
  

(b) Owner, without invalidating or abandoning this Agreement, may at any time require changes in the Work consisting of additions, deletions or other
revisions. All such required changes in the Work shall be requested in writing by Owner (a “Request for Proposal”), shall be submitted to Contractor, and, in order to be deemed part of, or deleted from, the Work and authorized by Owner,
shall be executed in the manner set forth below: 
  
 (i) Forthwith upon Contractor’s receipt of a Request for Proposal, Contractor shall prepare and furnish to Owner a signed statement (“Proposal”), in a form satisfactory to Owner, setting forth in detail, with suitable
breakdowns by trades and work classifications, and using the “unit price” lump sum and/or other costing method specified by Owner, Contractor’s estimate of (x) the cost, or savings, of the change reflected in the Request for
Proposal, which cost shall reflect the most economical manner of affecting such Change, (y) the resulting increase or decrease in the cost of the Work, and (z) the changes in the Work or the Progress Schedule (including the Substantial
Completion Date and the Final Completion Date) which would result from implementation of the Request for Proposal. 
  
 (ii) If Owner approves the Contractor’s Statement, Owner shall issue to Contractor a written change order (the “Change
Order”) signed by Owner, and the Substantial Completion Date and the Final Completion Date and the Contract Documents, as the case may be, shall be adjusted if required, in accordance with Section 3.06 above. Notwithstanding anything to
the contrary herein, no changes shall be authorized or performed in violation of any consent letters signed by Contractor to Owner. 
  
 (c) Any work performed by Contractor or any Trade Contractor which is contrary to the Work, as required by the Contract Documents, shall be performed at
Contractor’s or such Trade Contractor’s sole risk, cost and expense, unless the same shall have been authorized by a Change Order, or an Emergency Change Order therefor shall have been confirmed by Owner by a duly issued Change Order, in
accordance with Section 22.05 hereof. 
  

 35 

 22.02 (a) If Owner shall dispute any of the items set forth in the Proposal, then Owner shall give
Contractor written notice of such dispute, which notice shall set forth (i) those items in the Proposal which Owner disputes, (ii) those items in the Proposal which Owner does not dispute, and (iii) whether Owner desires that
Contractor perform any portion of the change (x) corresponding to a non-disputed item, or (y) corresponding to a disputed item. 
  
 (b) If Owner’s dispute notice shall direct Contractor to perform any change corresponding to a non-disputed item, that portion of the Proposal which
related to the non-disputed item, together with Owner’s direction to Contractor to perform the change corresponding to the non-disputed item, as set forth in Owner’s dispute notice, shall constitute a validly issued Change Order, and
Contractor shall promptly undertake to perform the same, subject to 22.01(c). 
  
 (c) If Owner’s dispute notice shall direct Contractor to perform any change corresponding to a disputed item, Owner’s dispute notice shall be deemed a notice of demand for prompt resolution of the subject
matter of the dispute by the mutual agreement of the parties, failing which it shall be resolved by a court of competent jurisdiction, as provided in Section 29.16 hereof. Notwithstanding the foregoing, Contractor shall promptly undertake to
perform and pursue prosecution of the change corresponding to the disputed item during the pendency of any such bona fide dispute, and the determination reached by mutual agreement or rendered by such court of law relative to the disputed item,
together with Owner’s direction to Contractor to perform the change corresponding to the disputed item, as set forth in Owner’s dispute notice, shall constitute a validly issued Change Order. 
  
 22.03 When paid by Owner to Contractor in accordance with a validly issued
Change Order, the compensation specified in a Change Order shall constitute full payment for the additional Work covered thereby and for any delay, disruption, cost, or expense occasioned by reason of such change and shall release Owner from any
further liability in respect of the same, unless Contractor expressly reserves such rights in writing prior to acceptance of such compensation. 
  
 22.04 No time extension shall be granted by reason of the issuance of any Change Order unless it is expressly stated therein. 
  
 22.05 Anything contained herein to the contrary notwithstanding, Contractor
and Architect shall have the authority to order “emergency changes” in the Work, without the prior written approval of Owner, by the issuance of a written order (an “Emergency Change Order”). For purposes of this Agreement,
“emergency changes” in the Work shall mean only changes which are required in the case of an emergency to insure the safety of persons or the Work and which, in the interest of expediency, Contractor determines should be made without
obtaining the prior written approval of Owner. Contractor shall (x) notify Owner that it has issued an Emergency Change Order within forty-eight (48) hours after the same has been issued, which notification shall set forth the reason
giving rise to the issuance of the same, and (y) promptly furnish Owner with copies of all such Emergency Change Orders. Valid Emergency Change Orders shall be confirmed by Owner by a duly issued Change Order. 
  
 22.06 Architect and Contractor shall have the authority to resolve conflicts
in the 

  

 36 

 
Construction Documents or to order minor changes to avoid conflicts between different trades by the issuance of written field orders (“Field
Orders”); provided, however, that in no event shall any Field Order be issued to authorize any clarification or change which may necessitate or warrant a Change Order, an Emergency Change Order, or which may result in (a) a change in the
character or scope of the Project or any part thereof, (b) a change in the Project Budget, (c) a change in the time set forth in the Progress Schedule for the performance of the Work, or (d) any extension of the Substantial Completion
Date or the Final Completion Date, as each of the foregoing may only be authorized by a Change Order. Copies of all Field Orders shall be submitted by Contractor promptly to Owner. 
  
 22.07 Contractor shall provide to Owner and Architect copies of all change orders issued by Contractor to Trade Contractors,
including time and material field tickets and other documentation acknowledging performance of the Work, it being agreed that Trade Contract Change Orders which do not increase GMP may be issued by Contractor without prior approval by Owner.

  
 ARTICLE XXIII 
 Inspection and Testing 
  
 23.01 If the underlying Contract Documents or any laws, rules, ordinances or regulations of any Federal, State or local governmental authorities having
jurisdiction over the Work require that any Work be inspected or tested, Contractor shall give Owner and Architect timely notice of readiness of the Work for inspection or testing and the date fixed for such inspection or testing. Owner shall
perform all controlled inspections. 
  
 23.02 (a) Whenever,
in the opinion of Owner, it is desirable to require special inspection or testing of the Work or its individual components, Owner shall have authority to do so whether or not such Work is then fabricated, installed, covered or completed. All costs
incurred in connection with such special inspection or testing shall be a Reimbursable Cost by the issuance of a Change Order unless it reveals a test failure as a result of the acts or omissions of Contractor in which event, Contractor shall bear,
all costs of such special inspection or testing, including and without limitation without increase to GMP. All Trade Contracts shall provide that if a test failure is a result of the acts or omissions of a Trade Contractor then that Trade Contractor
shall bear, at its sole cost and expense, all such costs of special inspection or testing. No inspection performed or failed to be performed by Owner hereunder shall be deemed a waiver of any of Contractor’s obligations hereunder or be
construed as an approval or acceptance of the Work or any part thereof. 
  
 (b) In the event of a test failure of any item of the Work, Owner may require inspection or testing of any or all of the other similar items of the Work. The costs and expenses incurred by Contractor in connection with such inspection or
testing set forth in this Section 23.02(b) shall be a cost of the Work unless (i) the test failure prompting such additional testing or inspection was a result of the acts or omissions of Contractor or the failure of Contractor to comply
with the provisions of this Agreement or (ii) such additional testing or inspection results in a test failure which results from the acts or omissions of Contractor, in which event, Contractor shall bear, at its sole cost and expense, all costs
of such additional inspection or testing. All Trade Contracts shall provide that in the event of a test failure of any term of the Work the costs and expenses incurred in connection with such testing or inspection shall be borne by the responsible
Trade Contractor. 
  

 37 

 23.03 If any Work shall be covered or concealed by Contractor or permitted to be covered or concealed by
Contractor, contrary to the written request of Owner or Architect or the Contract Documents, such Work, if required by Owner or Architect, shall be uncovered for examination, inspection or testing at Contractor’s sole cost and expense. If any
such test results are below specified minimums, Owner may order additional examination, testing or inspection. Such additional examination, inspection or testing shall be at Contractor sole cost and expense if Contractor knew of such request and
failed to advise the appropriate Trade Contractor. Should Architect or Owner have reason to believe that defects exist in any Work which has already been covered or concealed, although no request not to cover or conceal such Work had been previously
made by Owner or Architect such Work, if required by Owner, be promptly uncovered by Contractor and subjected to such tests, inspection or examination as may be deemed appropriate by Owner, Engineer or Architect. In such case, the provisions of
Sections 24.02(a), (b) and (c) shall control with respect to the costs associated with such uncovering. 
  
 23.04 Any Work not approved by Owner or Architect in accordance with the terms of this Agreement shall immediately be reconstructed, made good, replaced
or corrected by Contractor, the responsible Trade Contractor, or another Trade Contractor to be retained by Contractor, including portions of the Work destroyed or damaged by such removal or replacement, at Contractor’s or the responsible Trade
Contractor’s sole cost and expense, to the extent the same is caused by, or results respectively from, Contractor’s or its Trade Contractors’ acts or omissions or the failure of either of the foregoing to comply with the provisions of
this Agreement or the Trade Contract, respectively. All rejected materials shall be removed from the Project site, within a reasonable period of time. Acceptance of materials and workmanship by Owner shall not relieve Contractor or any Trade
Contractor from their liability for or obligation to replace all Work which is not in full compliance with the underlying Contract Documents. 
  
 23.05 At Owner’s option, Owner may accept defective or nonconforming Work or materials, instead of requiring its removal, correction or replacement,
as the case may be, and a Change Order shall be issued to reflect a reduction in the Trade Contract price, in an amount equal to the aggregate cost of labor and materials which would have been incurred by the responsible Trade Contractor if Owner
had required said Trade Contractor to repair or replace such defective nonconforming Work in accordance with the terms of the Trade Contract. Such adjustment shall be effected whether or not final payment has been made. 
  
 23.06 Owner’s Consultants shall perform Controlled Inspection, as
defined by the Building Code of the City/Town of Hanover, New Jersey (“Code”). 
  
 ARTICLE XXIV 
 Ownership and Use of 
 Documents; Confidentiality 
  
 24.01 Contractor agrees that the Contract Documents, technical data and other information received by it from Owner, Architect and Consultants under or in connection with this Agreement and any and all other
information concerning Owner or Owner’s operations that Contractor may 

  

 38 

 
obtain or become aware of shall be accepted and treated as proprietary information which has a substantial commercial value to Owner, and that Contractor
will not use or disclose any such Contract Documents, technical data and other information in any manner except to the extent that such use or disclosure may be necessary for the performance of the Work hereunder. Without limitation of the
foregoing, all said documents furnished to Contractor are to be used only with respect to this Project and are not to be used on or in connection with any other project. Submission or distribution of documents to meet official regulatory
requirements or for other proper and necessary purposes in connection with the performance of the Work at the Project shall not be construed as a violation of this Section 24.01. 
  
 24.02 Except as otherwise provided herein, Contractor is specifically prohibited from photographing any portion of the Work
for publicity and advertising or for any other purpose without the prior written permission of Owner, which shall not be unreasonably withheld. Further, Contractor shall not release confidential information on the Project or the subject matter of
this Agreement to the public without the prior written consent of Owner. 
  
 24.03 The requirements of this Article shall survive the termination of this Agreement and shall be binding upon Contractor. Contractor shall include the requirements of this Article in all Trade Contracts.

  
 ARTICLE XXV 
 Nondisclosure 
  
 25.01 Without limitation of the provisions of Article XXIV hereof, it is agreed that neither Contractor nor any Trade Contractor shall divulge information
concerning the Project or concerning Owner or Owner’s operations to anyone without Owner’s prior written consent, except as otherwise specifically permitted by the Contract Documents and except such public disclosures as may be required by
law. If such disclosure is required by law, Contractor or any Trade Contractor in question shall provide Owner with a copy of any such proposed public disclosure in advance and will endeavor to incorporate any comments Owner may suggest in such
regard. Contractor shall however, be entitled to describe the Project in its brochures and proposals without Owner’s prior consent provided no confidential information is disclosed. 
  
 25.02 Except as required by law no signs advertising the Work to be performed by Contractor or any Trade Contractor or
identifying any person, firm or entity concerned with the Work to be performed by Contractor or any Trade Contractor shall be allowed at the Project site or elsewhere unless approved in writing by Owner in advance, which approval for Project signage
shall not be unreasonably withheld. 
  

 39 

 ARTICLE XXVI 
 Owner’s Right To Perform Work 
 And to Award Separate Contracts; 
 and Cooperation with Separate Contractors 
  
 26.01 If Contractor causes damage to the property of Owner or to other work or property on the Project site, Contractor shall promptly remedy such damage
as provided in this Agreement. 
  
 26.02 If Contractor delays or
causes damage to the work or property of any separate contractor, Contractor shall, upon due notice, promptly attempt to settle with such other contractor by agreement, or otherwise to resolve the dispute. 
  
 26.03 The requirements of this Article shall be included in all Trade
Contracts. 
  
 ARTICLE XXVII 
 Equal Opportunity 
  
 27.01 Contractor will not discriminate against any employee or applicant for employment because of race, creed, color, national origin, marital status,
sex, disability, sexual preference or age. This provision shall not apply with respect to sex, disability or age where either is a bona fide occupational qualification; nor shall it apply with respect to age where a bona fide retirement plan
prevents employment of persons above a stated age or where there is a statutory requirement imposing age limitations. Contractor will take such actions as are necessary to ensure that employees and applicants for employment are treated without
regard to their race, creed, color, national origin, marital status, sex, sexual preference or age. As used herein, the term “treated” shall mean and include, without limitation, the following: recruited, whether by advertising or other
means; compensated, whether in the form of rates of pay or other forms of compensation; selected for training, including apprenticeship; promoted; upgraded; demoted; downgraded; transferred; laid off; and terminated. 
  
 27.02 Contractor will comply with the provisions of all rules, regulations,
statutes, ordinances or other laws of all local, State or Federal regulatory or governmental bodies. Contractor shall furnish all information and reports, if applicable, required by such regulatory and governmental bodies to determine
Contractor’s compliance with the provisions of this Article and such laws, and will permit access to its books, records and accounts by Owner and any such regulatory or governmental body during regular business hours for purposes of
investigation to ascertain compliance with applicable laws. 
  

 40 

 ARTICLE XXIII 
 Claims For Damages 
  
 With the exception of third-party claims or impleader, no action or proceeding shall lie or be maintained by Contractor against Owner, Architect or Consultants upon any claim arising out of or based upon the Contract Documents or by reason
of any act or omission or any requirements relating to the giving of notices or information, unless such action or proceeding shall be commenced within one (1) year after the Final Completion of the Work or, if this Agreement is earlier
terminated, within one (1) year following the date of such earlier termination. This limitation shall not limit Contractor’s right to seek indemnification or contribution from Owner in actions commenced by third parties. This Article XXIII
shall not be deemed or construed to modify any other provision hereof relating to waivers of claims by Contractor. Contractor shall cause each Trade Contract to contain like provisions to this Article XXIII and a provision requiring like provisions
to be contained in subcontracts of any tier. 
  
 ARTICLE XXIX

 Additional Provisions 
  
 29.01 Practice of Architecture and/or Engineering. Nothing contained in this Agreement shall be deemed to require or authorize Contractor to
perform or do any acts which would be deemed the practice of architecture or engineering within the meaning of the laws of the State of New Jersey. Such limitation shall not apply to engineer services properly delegated pursuant to the laws of the
State of New Jersey. 
  
 29.02 Effectiveness of Agreement.
This Agreement, when executed by the parties, shall be effective as of the date first stated above in this Agreement. All understandings and agreements heretofore had among Contractor and Owner with respect to the Project are merged into, or
superseded by, this Agreement. This Agreement fully and completely expresses the agreement of the parties with respect to the Work and the Project and shall not be modified or amended except by written agreement executed by each of the parties
hereto. Contractor understands and agrees that no representations of any kind whatsoever have been made to it other than as appear in this Agreement, that it has not relied on any such representations and that no claim that it has so relied on may
be made at any time and for any purpose. 
  
 29.03 Enforcement
of Trade Contract. Contractor covenants and agrees that it shall diligently enforce all of the terms, conditions and provisions of each of the Trade Contracts. In addition, but excepting the Curtain Wall as specifically provided above, and
Excavation Trade Contract until such time that such Contract is assigned to Contractor, Contractor agrees to assume toward Owner, and shall be responsible to Owner for, the performance by the Trade Contractors of all of the Trade Contractors’
work under the Trade Contracts, with the same force and effect as if Contractor itself shall have contracted to perform such Work, but subject to Contractor’s obligations and duties set forth herein. 
  

 41 

 29.04 Access and Cooperation. Contractor agrees (a) to grant Owner, Architect and Consultants
access to the Work whenever same is in progress, and (b) to cooperate with Owner, Architect, Engineer and Consultants throughout the performance of the Work to the end that the Project may be completed in the most expeditious and economic
manner and in furtherance of the interests of Owner. 
  
 29.05
Performance of Work During the Pendency of Disputes. Unless the parties hereto expressly agree otherwise in writing, in the event that a bona fide, good faith dispute shall arise under this Agreement in connection with payments to be made on
any Application for Payment, or otherwise, Contractor shall continue during the pendency of such dispute to perform its duties and responsibilities under this Agreement and the Work in accordance with Owner’s directives and shall, in connection
therewith, maintain the Construction Budget and the Progress Schedule, the Substantial Completion Date and the Final Completion Date and shall perform all other obligations required to be performed by it under this Agreement as if no dispute shall
have arisen. During the pendency of any such dispute, and except as otherwise provided in this Agreement, Contractor shall be entitled to receive payments from Owner only on account of non-disputed items and payments on account of disputed items
shall be deferred until the final resolution of the dispute. 
  
 29.06 Notices. Every notice, demand, request, consent, approval or other communication which either party hereto is required or desires to give or make to the other party hereto shall, notwithstanding any other provisions of this
Agreement, be effective only if given in writing and delivered by hand and receipted for, or by registered or certified mail, postage-prepaid, return receipt requested as follows: 
  
 (a) If to Contractor, addressed to: 
  
 The Henderson Corporation 
 575 Highway 28 
 Raritan, NJ 08869 
 Attn: Ed McMahon 
  
 (b) If to Owner, addressed to: 
  
 Dendreon Corporation 
 3005 First Avenue

 Seattle, WA 98121 
 Attn: Allan
Wenzel 
 With a copy to: Rick Hamm 
  
 or to such other address or addresses as Owner and Contractor shall from time to time designate by notice given and delivered as aforesaid. 
  
 29.07 Construction of Language. The language in this Agreement shall
be construed according to its customary meaning within the building industry. Whenever used, the singular number shall include the plural, and the plural the singular, and the use of any gender shall be applicable to all genders. 
  

 42 

 29.08 Captions and Titles. Captions and titles of the different Articles and Sections of this
Agreement are solely for the purpose of aiding and assisting in the location of different material in this Agreement and are not to be considered under any circumstances as parts, provisions or interpretations of this Agreement. 
  
 29.09 No Waiver. The failure of either party to insist upon the strict
performance of any provisions of this Agreement, the failure of either party to exercise any right, option or remedy hereby reserved, or the existence of any course of performance hereunder shall not be construed as a waiver of any provision hereof
or of any such right, option or remedy or as a waiver for the future of any such provision, right, option or remedy or as a waiver of a subsequent breach thereof. The consent or approval by either party of any act by the other party requiring such
party’s consent or approval shall not be construed to waive or render unnecessary the requirement for that party’s consent or approval of any subsequent similar act by the other party. The payment by Owner of any amount due hereunder with
knowledge of a breach of any provision of this Agreement shall not be deemed a waiver of such breach. No provision of this Agreement shall be deemed to have been waived unless such waiver shall be in writing signed by the party to be charged.

  
 29.10 Indemnification. 
  
 (a) To the fullest extent permitted by law, Contractor shall indemnify and
hold harmless Owner and its respective subsidiaries, officers, directors, partners, members, managers, agents, employees, successors, and assigns (collectively, “Indemnitees”, individually, “Indemnitee”) from and against all
losses, claims, costs, damages, and expenses (including, without limitation, the deductible amounts of any insurance and attorneys’ fees and disbursements), arising or alleged to arise out of or result from (i) personal injury, sickness,
disease or death, or damage or injury to, loss of or destruction of property (including tools, equipment, plant and the buildings at the Project site, but excluding the Work itself) including the loss of use resulting therefrom, sustained or
purported to have been sustained as a result of performance of the Work attributable to any negligent act or omission of Contractor, its employees, Trade Contractors, representatives or other persons for whom Contractor is responsible who are at the
Project site at any time during the period the Work is being performed and (ii) provided Owner has paid Contractor for work performed by Trade Contractor, Subcontractor or supplier any lien or notice of lien filed, by any such Trade Contractor
or Subcontractor or supplier against the property in connection with the Work. Such obligation shall not be construed to negate, abridge, or otherwise reduce any other right or obligation of indemnity which would otherwise exist as to any
Indemnitee. 
  
 (b) In any and all claims against any Indemnitee
by any employee of Contractor, or of its Trade Contractors or anyone directly or indirectly employed by either Contractor or its Trade Contractors or anyone for whose acts either Contractor or its Trade Contractors may be liable, the indemnification
obligation under this Section 29.11 shall not be limited in any way by any limitation on the amount or type of damages, compensation or benefits payable by or for Contractor under workers’ or workmen’s compensation acts, disability
acts or other employee benefit acts. 
  
 29.11
Severability. If any provision of the underlying Contract Documents is invalid or unenforceable as against any person, party or under certain circumstances, the remainder of the underlying Contract Documents and the applicability of such
provision to other persons, parties or 

  

 43 

 
circumstances shall not be affected thereby. Each provision of the underlying Contract Documents shall, except as otherwise herein provided, be valid and
enforced to the fullest extent permitted by law. 
  
 29.12 Duty
Same as Covenant. Whenever in this Agreement any words of obligation or duty regarding any party are used, they shall have the same force and effect as those in the form of express covenants. 
  
 29.13 Architect and Consultants. All references in this Agreement to
Architect or Consultants shall be deemed to mean any person or entity designated from time to time by Owner to serve in such capacity. 
  
 29.14 Rights and Remedies. The duties and obligations imposed by the Contract Documents and the rights and remedies available thereunder shall be
in addition to, and not a limitation upon, any of the duties, obligations, rights and remedies otherwise imposed or available at law or in equity. 
  
 29.15 Governing Law. This Agreement shall be governed by the laws of the State of New Jersey. Venue shall be exclusively in Superior Court of the
State of New Jersey, County of Middlesex. To the extent permitted by law, Contractor waives knowingly and voluntarily for itself and all persons claiming by or through it, all right to trial by jury in any judicial proceedings. 
  
 29.16 Binding Effect. It is expressly understood by the parties hereto
that delivery by Owner of the within Agreement for review and execution by Contractor shall confer no rights nor impose any obligations on either party, unless and until both Contractor and Owner shall have executed this Agreement. 
  
 29.17 Interpretations in Writing. 
  
 (a) Any and all interpretations of Contract Documents or of any of the Work
to be performed or payments to be made relative to the Project must be in writing to be valid. 
  
 (b) This provision is not intended to prohibit or deny normal discussion, recommendations, explanations, suggestions, approvals, rejections, and similar activity in pursuit of the Work at the Project on an oral basis,
such as at job conferences at the Project Site. In such instances, the written minutes, correspondence, shop drawing records, and other written data shall govern over personal claims regarding oral statements made contrary to the written data.

  
 29.18 Prohibited Interests. No principal, officer,
shareholder, family member, employee, agent or consultant of Contractor who, on behalf of Contractor, negotiates, makes, accepts, or approves, or takes part in negotiating, making, accepting, or approving any Trade Contractor or any Trade Contract
or other agreement entered into by Contractor in connection with the Work, shall become directly or indirectly interested personally or financially in the Trade Contractor or any Trade Contract or such other agreement. 
  

 44 

 29.19 Integrity and Ethical Conduct. Contractor acknowledges and understands that Owner is
committed to have the Work performed in accordance with the highest ethical standards applicable to, or governing, the conduct of construction practices. In furtherance thereof, Contractor hereby agrees to comply with and observe all applicable
Federal, State and local laws, rules, regulations, requirements, trade standards and ethical guidelines governing said conduct. 
  
 29.20 Independent Contractor. It is expressly understood and agreed by the parties hereto that Contractor, in performing its obligations under this
Agreement, shall be deemed an independent contractor. Nothing contained in this Agreement shall be construed to mean that Contractor and Owner are joint venturers or partners. 
  
 29.21 Liability of Owner. Contractor agrees to look solely to Owner’s interest in the Project and the proceeds
of any sale, lease or transfer of the Project for the satisfaction of any right, remedy, or lien of Contractor, or for the collection of a judgment (or other judicial process) requiring the payment of money by Owner, in the event of any liability by
Owner, and other property or assets of Owner (or any officer, member, manager, director, shareholder or principal of Owner) shall be subject to suit, levy, execution, attachment, or other enforcement procedure for the satisfaction of
Contractor’s rights or remedies under or with respect to (a) this Agreement, (b) the relationship of Contractor and Owner hereunder, or (c) any other liability of Owner to Contractor. 
  
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the day and year first above written. 
  

									
	DENDREON CORPORATION	 	 	 	THE HENDERSON CORPORATION
					
	 By:
	 	 /s/    Mitchell Gold
	 	 	 	 By:
	 	 /s/    George W. Alston

	 Name:
	 	 Mitchell Gold
	 	 	 	 Name:
	 	 George W. Alston

	 Title:
	 	 CEO
	 	 	 	 Title:
	 	 Vice President

  

 45 

  
 EXHIBIT “A”

  
 LIST OF CONSTRUCTION DOCUMENTS 
  
 [Intentionally Omitted] 
  

 46 

  
 EXHIBIT “B”

 FORM OF TRADE CONTRACT APPROVAL LETTER 
 [Intentionally Omitted] 
  

 47 

  
 EXHIBIT “C”

  
 GENERAL CONDITIONS WORK ITEMS 
  
 [Intentionally Omitted] 
  

 48 

  
 EXHIBIT “D”

  
 SCOPE OF WORK 
  
 [Intentionally Omitted] 
  

 49 

  
 EXHIBIT “E”

  
 INSURANCE 
  

	1.	Contractor shall purchase and maintain, as Reimbursable Expenses, the following insurances as will protect it, Owner, and its respective officers, directors, shareholders,
affiliates, partners, agents and employees from the claims set forth below which may arise out of or as a result of the Contractor’s obligations under this Agreement (whether such obligations be performed by it or by anyone directly or
indirectly employed by it, or by anyone whose acts it may be liable for): 

  

	 	1.1	Worker’s Compensation/Employer’s Liability/Disability. 

  

	 	(i)	Claims under Worker’s Compensation, Disability Benefits and other similar employee benefit acts which are applicable to the services to be performed by Contractor.

  

	 	(ii)	Claims for damages because of bodily injury, occupational sickness or disease, or death of Contractor’s employees under any applicable employer’s liability law in an
amount not less than $1,000,000. 

  

	 	1.2	Comprehensive Automobile Liability 

  

	 	(i)	Claims for damages because of Bodily Injury or Death of any person or property damage arising out of ownership, maintenance or use of any motor vehicle in an amount not less than
$1,000,000 Combined Single Limit. 

  

	 	(ii)	Above to include Employer’s Non-Owned and Hired Car Coverage. 

  

	 	1.3	Commercial General Liability 

  

	 	(i)	Claims for damages due to bodily injury or death of any person other than its employees. 

  

	 	(ii)	Claims for damages other than to the Work itself, due to injury to, or destruction of, tangible property, including loss of use therefrom. 

  

	 	(iii)	Written on an occurrence form with limits of $1,000,000 combined single limit each occurrence and $2,000,000 for the aggregate of all occurrences within each policy year.

  

 50 

 Including, but not limited to: 
  
 Comprehensive Form, Premises - Operation, Explosion, Collapse, Underground Hazard, Products/Completed Operations Hazard (two
(2) year’s extension beyond completion of project), Blanket Contractual Coverage (including coverage for the Indemnity Clauses provided under this Agreement), Broad Form Property damage, Independent Contractors, Personal Injury (employees
exclusion deleted). 
  

	 	1.4	Excess (Umbrella) Liability. 

  
 With total limits of $25,000,000 each occurrence and in the aggregate in excess of the above noted insurances. 
  

	2.	The insurances enumerated in Sections 1.1 through 1.4, inclusive, shall, without liability on the part of Owner, include the following: 

  

	 	(i)	Endorsement as Additional Insureds: Owner, their respective partners, members, directors, officers, employees, agents and representatives. 

  

	 	(ii)	Thirty (30) Day Prior Notice of Cancellation to each additional insured. 

  

	3.	Contractor shall before the commencement of any provision of this Agreement file certificates with Owner as outlined to show existence of such insurance, which insurance shall be
subject to Owner’s approval as to the adequacy of protection and compliance with this Agreement and the satisfactory character of the Insurer. 

  
 Such insurance shall be placed with reputable insurance companies licensed to do business in the State of New Jersey with a
minimum Best’s rating of “A-VIII”. 
  

	4.	Any type of insurance or any increase of its limits of liability not described above which the Contractor requires for its own protection or required by statute shall be its own
responsibility and at its own expense. 

  

	5.	The carrying of the insurance described shall in no way be interpreted as relieving the Contractor of any responsibility or liability under this Agreement. In the event Contractor
fails to maintain the coverages or limits as required herein, Owner may affect such insurance as an agent of Contractor. Any premiums paid therefore, by Owner to affect such coverage shall be payable by Contractor or offset by or against the fees
herein provided or payable to Contractor. 

  

 51 

	6.	Unless otherwise provided, the Owner shall purchase and maintain property insurance upon the entire Work at the Project Site to the full insurable value thereof This insurance shall
include the interest of Owner and Contractor (and all Trade Contractors) in the Work and shall insure against fire and other perils and shall include “all risks” insurance for physical loss or damage including, without duplication of
coverage, theft, vandalism, and malicious mischief, it being expressly understood, however, that this insurance shall exclude tools, equipment, supplies and other similar personal effects owned or rented by Contractor or any Trade Contractor. Owner
shall be responsible for the deductible. 

  

	7.	Any loss insured under Paragraph 6 is to be adjusted with Owner and made payable to Owner as trustee for the insureds, as their interests may appear, subject to the requirements of
any mortgagee clause. 

  

	8.	Owner and Contractor waive all subrogation rights against each other for damages caused by fire or other perils to the extent covered by insurance obtained pursuant to this
Exhibit “E” or any other property insurance applicable to the Work (including property insurance, if any, carried by Contractor to insure tools, equipment, supplies and other personal effects owned or rented by Contractor or any
Trade Contractors) except such rights as they may have to be proceeds of such insurance held by Owner as trustee. Construction Manger shall require similar waivers in favor of Owner and Contractor by Trade Contractors and sub-trade contractors.

  

 52 

  
 EXHIBIT “F”

  
 FORM OF PERFORMANCE AND PAYMENT BONDS 
  
 [Intentionally Omitted] 
  

 53 

  
 EXHIBIT “G”

  
 Classifications of Personnel and Services 
  
 [Intentionally Omitted] 
  

 54 

  
 EXHIBIT “H”

  
 [Intentionally Omitted] 
  

 55 

  
 EXHIBIT “I”

  
 SCHEDULE OF THE WORK 
  
 [Intentionally Omitted] 
  

 56 

  
 EXHIBIT “J”

  
 PRELIMINARY GUARANTEED MAXIMUM PRICE 
  
 [Intentionally Omitted] 
  

 57Construction Services Agreement With AES Clean Technology, Inc.

 Exhibit 10.39 
  
 DESIGN/BUILD AGREEMENT 
  
 Between 
  
 DENDREON CORPORATION, 
  
 Owner 
  
 and

  
 AES CLEAN TECHNOLOGY, INC., 
  
 Contractor 
  
 for a 
  
 Therapeutic Biotechnology Processing Facility 
 Biotechnology Processing Modules 
 and Related Structures 
  
 Ross & Cohen, LLP 
 711 Third Avenue 
 New York, New York
10017 
 (212) 370-1200 

 TABLE OF CONTENTS 
  

					
	 ARTICLE I
	  	Scope of the Services	  	1
	 1.2
	  	Intent of Contract Documents	  	2
	 1.3
	  	Obligations	  	3
	 1.4
	  	Quality, Quantity and Labeling	  	3
	 1.5
	  	Phased Development of the Project	  	3
	 ARTICLE II
	  	The Design Work and the Construction Work	  	4
	 2.1
	  	Design Phase	  	4
	 2.1.1
	  	Owners Responsibilities During Design	  	7
	 2.1.2
	  	Ownership of Design Documents	  	7
	 ARTICLE III
	  	Guaranteed Maximum Price	  	14
	 ARTICLE IV
	  	Design/Builders Fee	  	14
	 4.1
	  	Items Covered By Design Builder’s Fee	  	14
	 ARTICLE V
	  	Reimbursable Costs	  	15
	 ARTICLE VI
	  	Non-Reimbursable Costs	  	17
	 ARTICLE VII
	  	Schedule of the Work and Early Occupancy	  	18
	 ARTICLE VIII
	  	Trade Contracts	  	21
	 ARTICLE IX
	  	INTENTIONALLY OMITTED	  	23
	 ARTICLE X
	  	Accounting Records	  	23
	 ARTICLE XI
	  	Applications for Payment	  	23
	 ARTICLE XII
	  	Assignment	  	26
	 ARTICLE XIII
	  	Liens and Claims	  	27
	 ARTICLE XIV
	  	Events of Default and Termination or Suspension of Agreement	  	28
	 ARTICLE XV
	  	Bonds	  	32
	 ARTICLE XVI
	  	Management of the Work by Design/Builder and Owner	  	32
	 ARTICLE XVII
	  	Consultants	  	33
	 ARTICLE XVIII
	  	Codes	  	33
	 ARTICLE XIX
	  	Insurance	  	33
	 ARTICLE XX
	  	Hazardous Materials	  	34
	 ARTICLE XXI
	  	Materials and Equipment	  	35
	 ARTICLE XXII
	  	Substitutions	  	36
	 ARTICLE XXIII
	  	Changes in the Work	  	38
	 ARTICLE XXIV
	  	Inspection and Testing	  	41
	 ARTICLE XXV
	  	Nondisclosure	  	43
	 ARTICLE XXVI
	  	Owner’s Right To Perform Work And to Award Separate Contracts; and Cooperation with Separate Contractors	  	43
	 ARTICLE XXVII
	  	Equal Opportunity	  	44
	 ARTICLE XXVIII
	  	Claims For Damages	  	45
	 ARTICLE XXIX
	  	Additional Provisions	  	45
	 EXHIBIT A
	  	Design/Builder’s Proposal of July 20, 2005	  	 
	 EXHIBIT B
	  	Guaranteed Maximum Price	  	 

			
	 EXHIBIT C
	  	General Conditions Costs
	 EXHIBIT D
	  	 Progress Schedule

	 EXHIBIT E
	  	 Intentionally Omitted

	 EXHIBIT F
	  	 Insurance Requirements

	 EXHIBIT G
	  	 Intentionally Omitted

	 EXHIBIT H
	  	 Form of Trade Contract Award Letter

	 EXHIBIT I
	  	 Intentionally Omitted

	 EXHIBIT J
	  	 Performance and Payment Bonds

 THIS AGREEMENT is made as of the 4th day of November, 2005 by and between DENDREON CORPORATION having an
office at 3005 First Avenue, Seattle, WA 98121 (“Owner”) and AES CLEAN TECHNOLOGY, INC., having an office at 422 Stump Road, Montgomeryville, PA 18936-9631 (“Design/Builder or D/B”). 
  
 W I T N E S S E T H: 
  
 WHEREAS, Owner is developing a therapeutic biotechnology processing facility
at 220 Hanover Avenue, Hanover, New Jersey (the “Facility”), and Owner has entered into certain agreements with contractors for the provision of certain design, architectural, engineering and construction services with respect to the
Facility. 
  
 WHEREAS, Owner has retained
(i) Perkins & Will (the “Architect”) to provider certain Architectural services for the Facility, (ii) Affiliated Engineers NW, Inc. (the “Engineer”) to provide certain engineering services for the Facility
(collectively “Architect and Engineer” shall be referred to as “Owner’s Consultants”) (iii) and “Henderson Corp. (the “Contractor”) to provide certain construction services in connection with the
Facility. 
  
 WHEREAS, Owner desires to retain the services of a
Design/Builder in connection with the design and construction of class 10,000 clean rooms and adjacent corridors to be located within the Facility including but not limited to the design and construction of GMP production modules and related
corridors and ancillary systems (collectively the “Project”) and to coordinate its work with Owner’s Consultants and Contractor. 
  
 WHEREAS, Design/Builder desires to be retained by Owner to perform the services (hereinafter defined), all in accordance with the terms and conditions of
this Agreement and the other documents (hereinafter collectively referred to as the “Contract Documents”). 
  
 NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, Design/Builder and Owner agree as follows: 
  
 ARTICLE I 
  
 Scope of the Services 
  

	1.1	 Design/Builder shall perform and complete, or cause to be performed and completed, the design and construction of all work required for the Project, all in
strict conformity with the Design/Builder’s Proposal of July 20, 2005 as set forth in Exhibit A. The performance of all architectural and engineering services and the preparation of all schematic preliminary, design development and
construction drawings, plans and specifications (collectively the “Contract Documents”) and the performance of all labor and the furnishing of all materials 

  

 1 

	 	 
and equipment for and on account of the Project, are hereinafter collectively referred to as the “Services”. 

  

	1.2	Intent of Contract Documents 

  

	 	a.	The intent of the Contract Documents is to include in the Services all applicable labor and materials, insurance, tools, equipment, licenses, approvals, transportation, surveys,
testing, field engineering, design and other professional services and any other items required to design, construct and complete the Project satisfactorily in the interest of Owner and in accordance with Exhibit A. Design/Builder shall perform and
complete the Services in strict accordance with the intent and meaning of the work to be performed on account of the Project so as to produce the intended result; 

  

	 	b.	The Contract Documents are complementary and what is called for by one shall be as binding as if called for by all; 

  

	 	c.	If any conflicts or ambiguities are found in or among any of the Contract Documents, they shall be brought to the attention of the Owner immediately for resolution. The Owner will
resolve same in a manner so as to secure, in all cases, the most substantial and complete performance of the Services, consistent with the Contract Documents; 

  

	 	d.	Addenda to parts of the Contract Documents are for the purpose of varying, modifying, rescinding or adding to portion of the Contract Documents. All addenda should be read together
with the portions of the Contract Documents to which they pertain. Where an addendum modifies a portion of a paragraph or a section, the remainder of the paragraph or section shall remain in full force and effect unless otherwise stated in the
addendum; 

  

	 	e.	Captions, headings, cover pages, tables of contents and footnote instructions contained in the Contract Documents are inserted only to facilitate reference and for convenience and
in no way define, limit or proscribe the scope, intent or meaning of any provisions of any of the Contract Documents; 

  

	 	f.	Words and abbreviations which have well known technical or trade meanings are used in the Contract Documents in accordance with such recognized meanings; and

  

	 	g.	Should a conflict or discrepancy occur in, between or among any parts of the Contract Documents, the more reasonable way of performing the Services and the better quality to achieve
the purpose intended shall govern, unless the Owner shall otherwise direct. 

  

 2 

	1.3	Obligations 

  

	 	a.	Design/Builder in a good and workmanlike manner, shall perform all the Services required in accordance with commercial standards applicable at the time the work is performed and to
the satisfaction of Owner. Design/Builder shall supervise and direct the performance of the Services using its best skill, judgment and attention. Design/Builder shall be solely responsible for all construction means, methods, techniques, sequences
and procedures within the scope of the Work; 

  

	 	b.	Design/Builder shall furnish, erect, maintain and remove such construction and such temporary work as may be required. Design/Builder shall be responsible for the safety, efficiency
and adequacy of Design/Builder applications and methods, and for damage which may result from failure or improper construction, maintenance or operation of such applications and methods; 

  

	 	c.	Design/Builder shall deliver all Materials at such times and in such quantities as will insure the speedy and uninterrupted progress of the Work. All materials shall be delivered to
the Site in proper order and quantity. Design/Builder shall handle and take care of all Materials, as the same are delivered to the Site. 

  

	 	d.	All Purchase Orders, guarantees or warranties executed and/or delivered in connection with the Materials which are pre-purchased by Design/Builder as provided herein, shall provide
that if, upon inspection of the same by Owner, or if upon incorporation of the same in the Project, Owner determines that such materials, or any portion thereof, are faulty or defective in any respect, such materials shall be replaced, at the sole
cost and expense of the Design/Builder, within sixty (60) days after receipt of written notice to such effect from Owner. 

  

	1.4	Quality, Quantity and Labeling 

  
 All materials furnished shall be new unless stated otherwise. When materials are specified to conform to any standard, the materials delivered to the Site
shall bear manufacturer’s label stating that the materials meet such standards. The above requirements shall not restrict or affect Owner’s right to test materials as provided in the Contract Documents and Article XXV hereof. 

 

	1.5	Phased Development of the Project 

  
 The Services of Design/Builder shall be performed generally in two phases: 
  

	 	a.	the “Design Phase”; and 

  

	 	b.	the “Construction Phase”. 

  
 Each phase may be further subdivided as hereinafter set forth. 
  

 3 

 ARTICLE II 
  
 The Design Work and the Construction Work 
  

	2.1	Design Phase 

  
 Design/Builder agrees that during the pre-construction phase of the Work (the “Design Phase”) it shall perform the following services to the
extent such services are needed or requested by Owner given that Owner has elected to proceed on a fast-track basis: 
  

	 	a.	Design/Builder shall perform or cause to be performed all architectural, structural, engineering, related programming, designing, drafting, testing, inspection and other services,
including without limitation, the preparation of all drawings and specifications necessary to complete the design of all portions of the Project in accordance with the terms of this Agreement and the Scope of Work. Design/Builder has generally
familiarized itself with the Site, the Contract Documents and agrees to design and construct the Project in strict accordance with the Scope of Work; 

  

	 	b.	Design/Builder shall consult with Owner and such other Consultants designated by Owner to ascertain Owner’s needs and goals and the requirements of the Project;

  

	 	c.	Design/Builder shall visit the site, become familiar with the local conditions, and correlate observable conditions with the requirements of the Owner’s program; schedule, and
budget; 

  

	 	d.	Design/Builder shall review laws applicable to design and construction of the Project; correlate such laws with the Owner’s program requirements; and advise the Owner if any
program requirement may cause a violation of such laws; 

  

	 	e.	Design/Builder’s duties during the Design Phase shall include, but shall not be limited to, the following: 

  

	 	i.	Preparation of all preliminary and schematic design documents, consisting of drawings and other documents illustrating the scale and relationship of Project components and the
coordination with the design of the Facility; furnishing copies thereof to the Owner for review; 

  

	 	ii.	Based on final schematic design documents reviewed by Owner, preparation of design development documents, consisting of drawings and other documents, to fix and describe the size
and character of the entire Project as to structural, mechanical and electrical, Materials and such other essentials as may be appropriate or required; furnishing copies thereof to the Owner and obtaining Owner’s review therefor;

  

 4 

	 	iii.	Based on design development documents reviewed by Owner and coordinated with the design of the Facility, preparation of all construction drawings, plans and specifications, setting
forth the requirements of the Project, in detail sufficient to enable Trade Contractors and Materialmen to bid their respective portions of the Work; furnishing copies thereof to the Owner and obtaining Owner’s comments therefor;

  

	 	iv.	Documentation of all changes in the Design Criteria made during the course of the Work; furnishing copies of such changes to the Owner and obtaining Owner’s approval thereof;
and 

  

	 	v.	Preparation of the “Progress Schedule” as defined in Article 2.2(e) below for the design and construction of the different components of the Project, indicating design
task, durations, milestones, reviews and approvals, and specifying the planned timing of each element comprising the Project, as same may be updated and revised from time to time, with the prior approval of Owner in accordance with the terms of this
Agreement; 

  

	 	f.	All charges and fees for services rendered by any Design Consultants or others retained by Design/Builder subject to Owner’s approval in connection with the Design Work, shall
be included in, and compensated for Design/Builder as part of, the Contract Sum payable by Owner hereunder for the Services; 

  

	 	g.	Design/Builder shall be responsible for coordination of its services with those of the Owner’s Consultants so as to provide a coordinated set for Construction Documents for
preparation and submission of documents required for the approval of all applicable governmental authorities having jurisdiction over the Project and provide assistance to, and cooperate with Owner and Owner’s consultants in obtaining all
necessary approvals of Government Authorities having jurisdiction over the Project; 

  

	 	h.	In connection with the design services listed above, Design/Builder shall: 

  

	 	i.	Provide coordination of the construction performed by Design/Builder’s subcontractors, with the construction work of separate contractors retained by Owners;

  

	 	ii.	Subject to paragraph 2.1(b) make revisions of the construction, drawings, specifications or other documents when such revisions are consistent with written approvals or instructions
previously given, are required by the enactment or revision of codes, laws or regulations subsequent to the preparation of such documents; 

  

 5 

	 	iii.	Make investigations including surveys, valuations, inventories or detailed appraisals or existing facilities, and services required in connection with the Project;

  

	 	iv.	Prepare a set of reproducible record drawings showing significant changes in the Work made during construction based on marked-up prints, drawings and other data;

  

	 	v.	Provide design services until the Project is 100% complete; 

  

	 	vi.	Prepare to serve or serving as an expert witness in connection with any public hearing, arbitration proceeding or legal proceeding with regard to the work contemplated by this
Agreement not including any dispute between the parties hereto and at the sole cost and expense of Owner; 

  

	 	vii.	Provide services for architectural, structural, mechanical electrical engineering services for the Project and any other engineering services that may be required to produce the
project; and 

  

	 	viii.	Provide the insurance for the Project as provided in Exhibit F. 

  

	 	i.	Design/builder shall advise the Owner with respect to the following: 

  

	 	i.	the availability of labor, materials and supplies; 

  

	 	ii.	elimination of possible conflicts and/or overlapping jurisdictions among the various trades or overlapping responsibilities among Trade Contractors; 

  

	 	iii.	conflicts and omissions; 

  

	 	iv.	variations from customary construction practices and methods which, may cause difficulties or occasion delay in the performance of the Work; 

  

	 	v.	conduct of construction operations under good construction practices; 

  

	 	vi.	unit prices and alternates; 

  

	 	vii.	required temporary and Project support facilities; 

  

	 	viii.	construction detailing; and 

  

	 	ix.	construction economies through alternative methods, materials, or concepts, consistent with Owner’s requirements and sound construction practice; 

  

 6 

	2.1.1	Owner’s Responsibilities During Design 

  

	 	a.	The Owner in conjunction with Design/Builder shall provide full information regarding requirements for the Project including a program, which shall set forth the Owner’s design
objectives, constraints and criteria, including space requirements and relationships, flexibility and expandability, special equipment and systems and site requirements; 

  

	 	b.	The Owner shall furnish required information and services and shall render approvals and decisions as expeditiously as necessary for the orderly progress of the services and of the
Work; and 

  

	 	c.	Any review required of the Owner shall be promptly addressed and any approval required to be given by Owner shall not be unreasonably withheld. Any documents delivered by
Design/Builder to Owner for Owner’s review and approval shall be deemed approved if, within fifteen (15) days from the delivery of said documents, Owner has not made a written comment in regard thereto. 

  

	2.1.2	Ownership of Design Documents 

  

	 	a.	Any drawings and specifications and other Materials, including any and all documentation in electronic form (i.e. CADD) prepared by Design/Builder shall be the property of the Owner
whether the project for which they are made is executed or not. If the Drawings and Specifications are used by the Owner, for additions to this Project, or for completion of this Project by others, Design/Builder is to receive notification and shall
not be held responsible for any use of these drawings which is beyond the scope of this Agreement or any modifications of these drawings by others or services covered under this Agreement performed by others to complete this Project; and

  

	 	b.	Submission or distribution to met official regulatory requirements or for other purposes in connection with the Project is not to be construed as publication in derogation of
Design/Builder’s rights. 

  

	2.2	Construction Phase 

  
 Design/Builder agrees that during the construction phase (the “Construction Phase”) of the Work, which Construction Phase shall commence on the
date of commencement of construction of any portion of the Work and shall terminate on the date of Final Completion of the Work, which it shall, at a minimum, perform the following services: 
  

	 	a.	 establish procedures for the orderly and expeditious performance and Final Completion of the Work in accordance with the terms of this Agreement; perform, or
require to be performed, all Work necessary in connection therewith; establish 

  

 7 

	 	 
procedures for administration of Trade Contracts; and maintain coordination among Trade Contractors; 

  

	 	b.	prepare Project site organization and lines of authority in order to carry out the Work on a coordinated basis; 

  

	 	c.	organize staff and assign personnel to various areas to provide a positive and efficient means by which the Work may be controlled, coordinated and expedited;

  

	 	d.	submit a Project Schedule. All modifications to the Progress Schedule must be coordinated with Owner. The Progress Schedule shall also (i) set forth a construction time
schedule which identifies all major and critical components of the Project and the Work, including Engineer’s preparation of design documents, all major and critical design details and all matters relating to Trade Contractors and Trade
Contract awards, and which identifies Owner’s responsibilities, if any, with respect to the design documents, and (ii) from and after the date that the same is available, incorporate the information described in this Article 2.2
Design/Builder agrees that the Progress Schedule shall not be amended, modified or extended without Owner’s prior written approval; 

  

	 	e.	require submission of, and review, progress schedules of Trade Contractors and make adjustments to such schedules as appropriate in an effort to continue the expeditious Final
Completion of the Work within the time periods set forth in the Progress Schedule; 

  

	 	f.	except as otherwise provided in Article XXIII hereof, obtain Owner’s written approval of any changes in the Work and any approvals or other documents necessary in connection
therewith; 

  

	 	g.	conduct necessary job and coordination meetings, which job meetings shall be held not less than twice monthly and which coordination meetings shall be held as required, and attend
all such meetings; 

  

	 	h.	prepare detailed written agendas and minutes of each job and coordination meeting and furnish copies thereof to Owner and other Consultants designated by Owner; minutes must be
provided within five (5) days after each meeting; 

  

	 	i.	 prepare and maintain, on a current basis, an on-Project Site record keeping system, including but not limited to, records of all changes in the Work necessitated by
reason of Change Orders, Emergency Change orders and Field Orders, Work progress schedules, shop drawing logs, material lists, records of all pertinent communications, equipment and material deliveries, visitors, special occurrences, and other Work
related information and make such on-Project Site records available for inspection to Owner (and, if required by Owner’s Consultants). In addition, 

  

 8 

	 	 
copies of all correspondence pertaining to the Work shall be maintained by Design/Builder and shall be made available at all times to Owner;

  

	 	j.	submit to Owner each month a “Job Progress Report” which shall describe the following: (i) the financial condition of the Work, including Trade Contract awards,
Project modifications, anticipated cost and Change Order summary; (ii) construction status, including updated Progress Schedules with projected critical dates compared with original milestone dates, status of job progress to date, current Work
activity, projected Work activity for the following month, job photos and status of materials required; and (iii) drawing status, including status of drawing schedule, status of shop drawings, shop drawing schedule, status of coordination
drawings, coordination drawing routing schedule, and coordination meeting minutes; 

  

	 	k.	assemble and review all required brochures, guarantees, certificates of compliance and other agreements and instruments; 

  

	 	l.	Design/Builder acknowledges and agrees that as part of its obligations under this Agreement, Design/Builder, its Trade Contractors and Contractor are to prepare and submit shop
drawings and other submissions, conduct coordination meetings and prepare coordination drawings for the purpose of coordinating the work required of Design/Builder and its Trade Contractors. This process, in part, is intended to recognize and
resolve design conflicts in advance of fabrication and installation of the various components of the Work. Design/Builder agrees that it shall expeditiously and thoroughly prepare and submit shop drawings and conduct and conclude the coordination
effort at the earliest possible time so as to facilitate the recognition and resolution of conflicts, including errors in the Construction Documents, such that any adverse effects on the progress of the Work are avoided to the fullest extent
reasonably possible. Similarly, the proposal of substitutions in accordance with Article XXII of this Agreement shall be conducted at the earliest possible time. Nothing herein shall relieve Design/Builder from its own failure to comply with its
obligations with respect to shop drawings, samples and catalog cuts; 

  

	 	m.	maintain at the Project Site, on a current basis and make available to Owner, copies of any records with respect to Trade Contracts, shop drawings, samples, operating manuals, the
Construction Documents, equipment and any and all other related documents and any revisions to any of the foregoing which may arise out of, or be related to, this Agreement; maintain and provide, and make available to Owner, Design Consultants,
Owner’s Consultants and Contractor, three (3) sets of progress photos taken on a monthly basis according to a plan, as previously approved by Owner; and at Owner’s request, upon final completion of the Work or any phase thereof,
deliver to Owner copies of a complete set of “as-built drawings”, showing the Work, as actually completed, in such form, content and detail and, at Owner’s option, in such electronic medium, as Owner may specify, together with copies
of all operating instructions and maintenance manuals (bound and indexed); 

  

 9 

	 	n.	establish and coordinate with Owner a system for processing, expediting and administering all Trade Contracts for the purchase of materials, supplies and equipment. Manage the
procurement and delivery of critical materials to the Project Site and coordinate the deliveries with the progress of the Work; 

  

	 	o.	advise owner that material and equipment is currently available to accomplish the Work and immediately alert Owner and Contractor if it believes that job progress will be adversely
affected by circumstances related to the availability of material or equipment; 

  

	 	p.	notify Owner of the progress of the Work, and advise Owner, in accordance with the provisions of Article VII hereof, of any delays or serious potential delays which may affect Final
Completion of the Work and of Design/Builder’s recommendations regarding such delays; 

  

	 	q.	inspect, manage and coordinate the work of all Trade Contractors, enforce the terms of their respective Trade Contracts and enforce strict discipline and good order among all Trade
Contractors in an effort to see that the Work is performed in accordance with the terms of such Trade Contracts, the Contract Documents, recognized trade standards and the applicable laws, rules and regulations of all Government Authorities and
endeavor to guard Owner against any delays, increased costs and defects and deficiencies in the Work. The inspection required herein shall not include controlled or technical inspections. In connection with the foregoing, Design/Builder shall
(i) require any Trade Contractor to stop the performance of any Work which Design/Builder observes or should have observed is not in compliance with the requirements of its respective Trade Contract, the Contract Documents, recognized trade
standards or the applicable laws, rules and regulations of any governmental authorities having jurisdiction over the Work; (ii) reject and require to be corrected, those portions of the Work which Design/Builder discovers or should have
discovered does not conform to the requirements of the applicable Trade Contract, the Contract Documents, recognized trade standards or the applicable laws, rules and regulations of any governmental authorities having jurisdiction over the Work;
(iii) inspect all materials, supplies and equipment delivered or installed in connection with, or pursuant to, any Trade Contract in an effort to determine that the same are in compliance with the requirements of the applicable Trade Contract,
the Contract Documents, recognized trade standards and the laws, rules and regulations of all governmental authorities having jurisdiction over the Work and reject and require replacement of all non-conforming materials, supplies and equipment; and
(iv) not employ on the Work any person or Trade Contractor unfit for or unskilled in the assigned task and, subject to Owner’s prior approval, remove such unfit or unskilled employee or such Trade Contractor from the Project Site;

  

 10 

	 	r.	arrange for all cutting, fitting or patching that may be required to complete the Work or to make its several parts fit together properly; 

  

	 	s.	use best efforts to resolve disputes between Trade Contractors relative to the performance of their work or the furnishing of materials, supplies or equipment in connection with the
Work; 

  

	 	t.	arrange for the storage and inspection of all materials, supplies, systems and equipment provided in connection with the performance of the Work; 

  

	 	u.	maintain the Project Site in a safe and orderly fashion and provide Project Site clean-up of the Work on a regular basis during the course of construction, and also upon Substantial
Completion and Final Completion, as provided in this Agreement or the Contract Documents; 

  

	 	v.	enforce the implementation of necessary safety, health and environmental protection measures during the performance of the Work, which shall include, without limitation, the
erection and maintenance of all reasonable safeguards and the posting of danger signs and other warnings against hazards, conduct inspections and require that all Trade Contractors comply with all Federal, State and local safety, health, equal
opportunity and environmental protection and other requirements, laws, rules and regulations as well as all necessary safety, health and environmental protection measures as provided herein applicable to the Work; 

  

	 	w.	prepare a Schedule of Values and all Applications for Payment in a form approved by Owner; determine, prior to the submission of each Application for Payment, whether and to what
extent the sums requested therein are due and payable; and certify the same to Owner; 

  

	 	x.	make recommendations with respect to any changes Design/Builder may consider necessary or desirable in connection with the Work (including, but not limited to, changes in response
to events of force majeure), it being understood and agreed that, except as otherwise provided in Article XXIII hereof, no changes may be made in connection with the Work without the prior written approval of Owner; 

 

	 	y.	review with Trade Contractors all methods and materials that may be used in connection with the Work and make recommendations to Owner regarding proposed changes, if any, that may
be implemented in the Construction Documents as a result of such recommendations; 

  

	 	z.	issue to Trade Contractors (i) all Change Orders approved by Owner, and (ii) all Emergency Change Orders and Field Orders in the manner and in accordance with the
provisions set forth in Article XXIII hereof; 

  

 11 

	 	aa.	with respect to portions of the Work to be performed pursuant to a Change Order, an Emergency Change Order, or a Field Order, on a time and material, unit-cost or other similar
basis, keep and require the keeping of records and computations thereof and maintain accurate cost accounting records; provide copies of all such records to Owner; 

  

	 	bb.	assist Owner in determining when Substantial Completion of the Work (or any segregated portion thereof) has taken place; subsequent to Substantial Completion of the Work or of a
portion thereof, prepare (in consultation with Owner) lists of incomplete or unsatisfactory Work (“Punch Lists”), which incomplete or unsatisfactory Work shall be limited to minor details which do not affect Owner’s ability to use the
Project, and perform or cause to be performed, and supervise all work necessary to complete the items set forth on the Punch Lists; provided, however, that the failure to include any element of the Work on such Punch Lists shall not alter the
responsibility of Design/Builder and/or Trade Contractors to complete the Work in accordance with the Contract Documents; and subsequent to the completion of all items set forth on the Punch Lists items and any other unfinished portions of the Work,
provide written notice to Owner, that the Work has reached the stage of Final Completion and is ready for final inspection; 

  

	 	cc.	assist Owner, Owner’s Consultants and Owner’s maintenance personnel in the initial start up, testing and operation of the Work and all systems comprising a portion of the
same; 

  

	 	dd.	prior to making final payment under any Trade Contract, (i) prepare a Trade Contract status summary indicating its financial status, complete with a summary of all approved
Change Orders and payments made to date, and (ii) secure and deliver to Owner all guarantees, warranties, affidavits, general releases, releases of liens, waivers, certificates, consent of any surety to final payment, as-built drawings,
maintenance manuals, operating instructions and other documents required to be delivered under this Agreement, or requested by Owner, in connection with the Work; 

  

	 	ee.	make recommendations regarding, and render assistance necessary for, the development and administration of an effective labor relations program for the Work and the avoidance of
labor disputes during the performance of the Work and assist in negotiating any agreements with labor unions which will result in cost savings and use best efforts to secure better agreements; 

  

	 	ff.	review with Trade Contractors all methods and materials that may be used in connection with the Work and make recommendations to Owner regarding proposed changes, if any, that may
be implemented in the Construction Documents as a result of such recommendations; 

  

 12 

	 	gg.	positively affirm that labor is currently available to accomplish the Work and immediately alert Owner if it believes that job progress will be adversely affected by circumstances
related to the availability of labor; 

  

	 	hh.	attend meetings with Owner, or with Design Consultants, Owner’s Consultant’s and Contractor as required; Design/Builder represents that on such occasions the persons
enumerated in Section XVI, or substitutes approved by Owner, shall be available; and 

  

	 	ii.	with the exception of the environmental consents, approvals, licenses and permits which Design/Builder need not secure and deliver, secure and deliver to Owner all governmental
consents, approvals, licenses and permits including other consents and permits required by all Government Authorities customarily obtained by a Design/Builder performing services and functions similar to the services and functions being performed by
Design/Builder hereunder, including, but not limited to, a Temporary Certificate of Occupancy; it is expressly understood that the making of final payment by Owner to Design/Builder hereunder shall be conditional upon the deliverance by
Design/Builder of the foregoing to Owner unless the failure to obtain any of the above is due to causes beyond the reasonable control of Design/Builder 

  

	 	jj.	Documentation of all changes in the Design Criteria made the course of the Work; furnishing copies of such changes to the Owner and obtaining Owner’s approval thereof;

  

	 	kk.	Provide coordination of Work performed by Design/Builder’s subcontractors, separate contractors and by the Owner’s own forces; 

  

	 	ll.	Prepare a set of reproducible record drawings showing significant changes in the Work made during construction based on marked-up prints, drawings and other data; and

  

	 	mm.	provide punch list, operating manuals and as-built drawings upon substantial completion. 

  

	 	nn.	Provide services until the Project is 100% complete 

  

	2.3	Design/Builder agrees to perform such other and additional services similar in type and obligation to those listed above, prepare such other reasonably requested schedules,
reports, budgets and other technical data, and attend such meetings during the Design Phase and/or Construction Phase as Owner may reasonably request in order to assist in the preparation of the Construction Documents, cost estimates, updated
Progress Schedules and any other documents and instruments relative to the Work and the Project, to the end that Final Completion of the Work may be brought and maintained within the GMP and time objectives specified by Owner. Design/Builder
acknowledges that the Design and Construction Phases may be on-going at same time and that certain services may overlap. 

  

 13 

 ARTICLE III 
  
 Guaranteed Maximum Price 
  

	3.1    a.	Upon completion of Final Design Documents, Design/Builder shall submit to Owner a guaranteed maximum price (“GMP”) for the Project. The Guaranteed Maximum Price shall be
comprised of the Cost of the Work ($7,173,275.00), as defined in Section 5.1(b); which amount includes Design Builder’s Fee composed of those items in Article 4.1 below and a not to exceed General Conditions Costs of $46,000.00, for the
items set forth in Section 5.1(a). The Guaranteed Maximum Price shall be prepared on the basis of (i) all Work necessary to provide a fully complete, operational, code compliant and functional Project in accordance with the Owner’s
objectives for cost, time and quality consistent with the terms of this Agreement; and (ii) a broad review of the Project and not solely on the specific work shown on the documents existing at the time of the execution of the Agreement, and
shall include all Work which is necessary for a complete and proper installation and shall include all work, labor, and materials required to provide a complete, operational, code compliant and functional Project. 

  

	 	b.	The General Conditions Costs of ($46,000.00) as defined in Section 5.1(a) below is not to exceed a fixed sum and shall not be increased for any reason unless specifically
provided otherwise in this Agreement. 

  
 ARTICLE
IV 
  
 Design/Builder’s Fee 
  

	4.1	Items Covered By Design Builder’s Fee 

  
 The Design/Builder’s Fee represents compensation for the following (none of which shall be separately charged to the Project) and are included in the
Cost of the Work as set forth in Section 5.1(b) below: 
  

	 	a.	Salaries, fringe benefits, or other compensation of Design/Builder’s Employees at the principal office and branch offices involved in Project activities including, without
limitation, scheduling, legal, estimating, accounting and purchasing; 

  

	 	b.	General operating and corporate expenses of Design/Builder’s principal and branch offices other than the field office; 

  

	 	c.	Design/Builder’s capital expenses, including any interest on Design/Builder’s capital employed for the Project; 

  

 14 

	 	d.	Overhead or general expenses of any kind which are not expressly included in Section 5.1(b) below; 

  

	 	e.	Salaries, fees and related fringe benefits of Design/Builder’s corporate officers and directors except as to those individuals listed in Section 5.1(b)(i) below;

  

	 	f.	Design/Builder’s profit; 

  

	 	g.	Costs incurred by Design/Builder due to the fault or neglect of Design/Builder or any of its Employees; and 

  

	 	h.	All other costs, expenses and changes of any kind whatsoever not specifically included within Reimbursable Costs Article V below. 

  
 ARTICLE V 
  
 Reimbursable Costs 
  

	5.1	To the extent payable hereunder, and subject to Owner’s receipt from Design/Builder of monthly Construction Budgets (as such term is defined in subparagraph (d) of
Section 2.2 hereof) and such other supporting documentation as Owner may reasonably require, from time to time, Owner shall reimburse Design/Builder, in accordance with Article XI hereof, for only the actual costs set forth in this Section, to
the extent such costs are necessarily incurred by Design/Builder in the proper performance of the Work during Construction Phase (the “Reimbursable Costs”), which Reimbursable Costs shall be at rates not higher than those which are
competitive and prevailing in the locality for work and services similar to the Work. Reimbursable Costs shall not include any costs which arise out of the negligence, misconduct, or breach of this Agreement by Design/Builder, or by any Trade
Contractor of, or material supplier to, Design/Builder or by anyone employed by any of the foregoing or by anyone for whose acts any of them may be liable. 

  

	 	a.	The General Conditions Costs shall consist of all items generally considered to be general conditions, and as generally described on Exhibit C and the parties agree that
these items are by way of illustration and not by limitation and shall not exceed the fixed amount of $46,000.00. 

  

	 	b.	The term “Cost of the Work” shall mean those costs, without duplication, expressly set forth in this Section 5.1(b) which are necessarily incurred in the proper
performance of the Work and paid or to be paid by Design/Builder a and include those items comprising Design Builder’s Fee as set forth in Article 4.1 and exclude those items included in the Cost of General Conditions Work as set forth in
Section 5.1(a) above. Such costs shall be at rates not higher than the standard paid in the locality of the Work (or, such other locality as, with respect to any item(s), may be appropriate) except with the prior written consent of Owner:

  

	 	i.	Payments made by Design/Builder for work performed and materials, supplies and equipment furnished pursuant to Trade Contracts and/or Purchase Orders approved by Owner in accordance
with the provisions of this Agreement, including the costs of all materials and equipment pre-purchased in accordance with the provisions of Article XXI hereof (“Trade Contract Costs”); 

  

 15 

	 	ii.	actual wages and associated benefits of construction workers paid by Design/Builder pursuant to collective bargaining agreements in effect at that time, together with materials
purchased by Design/Builder, to perform the construction of the Work at the Site or, with the Owner’s agreement, at off-Site locations; 

  

	 	iii.	Cost of all materials, supplies and equipment purchased or to be purchased by Design/Builder and approved by Owner in writing and which are incorporated in the Work, including costs
of transportation and storage thereof, exclusive of General Conditions Work covered under Section 5.1(a) and excluding any materials, supplies or equipment purchased directly by Owner; 

  

	 	iv.	Subject to the prior written approval of Owner, the cost of corrective work or purchase of additional supplies or materials due to fire, theft, vandalism or other factors not under
the reasonable control of the Design/Builder to the extent not compensated by insurance and not due to the fault or negligence of the Design/Builder; provided, however, that where any such costs are incurred due, to Design/Builder’s failure
properly to secure the Project Site in accordance with Section 1.5(c) hereof, such costs shall be borne by Design/Builder; 

  

	 	v.	Cost of premiums (or such portion thereof as is reasonably allocable to the Project) for all insurance and bonding which Design/Builder is required by Owner to purchase, procure and
maintain; and 

  

	 	vi.	Subject to the prior written approval of Owner, all other separately itemized costs directly incurred in the performance of the Work and not included in the Design/Builder’s
Fee or in General Conditions Work. 

  

	5.2	 Design/Builder shall use its best efforts to minimize the Reimbursable Costs incurred in the performance of the Work, consistent with the intent and purposes
of this Agreement, sound business practice and the instructions of Owner. All Reimbursable Costs are limited to actual expenses paid by Design/Builder, and Owner reserves the right to audit these expenses at its own cost and expense in accordance
with this Agreement and any adjustments which are yielded by an audit shall be paid to Owner by Design/Builder or, at Owner’s option, 

  

 16 

	 	 
deducted from payments due to Design/Builder. To the extent the audit reveals that Design/Builder has under billed Owner, such sums will be paid by Owner to
Design/Builder. 

  
 ARTICLE VI 

 
 Non-Reimbursable Costs 
  

	6.1	Owner shall not reimburse Design/Builder for any of the following costs, all of which shall be borne by Design/Builder at its sole cost and expense: 

 

	 	a.	salaries or other compensation of any principals and branch office heads of Design/Builder; 

  

	 	b.	expenses of operating Design/Builder’s home and branch offices, including overhead and administrative expenses not included in General Conditions Cost as defined in Article
5.1(a); 

  

	 	c.	any part of Design/Builder’s capital expenses, including interest on capital employed in connection with the Work; 

  

	 	d.	costs not reimbursed by insurance, due (x) to the acts or omissions of Design/Builder (or of any Trade Contractor of, or material supplier to, Design/Builder or anyone employed
by any of the foregoing or anyone for whose acts any of them may be liable), or the failure of Design/Builder (or of any Trade Contractor of, or material supplier to, Design/Builder or anyone employed by any of the foregoing or anyone for whose acts
any of them may be liable) to perform its obligations under this Agreement or (y) from the violation by Design/Builder (or by any Trade Contractor of, or material supplier to, Design/Builder or anyone employed by any of the foregoing or anyone
for whose acts any of them may be liable) of any Federal, State or local laws, ordinances or statutes; (ii) casualty losses and related expenses sustained by Design/Builder (or by any Trade Contractor of, or material supplier to, Design/Builder
or anyone employed by any of the foregoing or anyone for whose acts any of them may be liable) in connection with tools, equipment, supplies and other personal effects owned or rented by Design/Builder (or by any Trade Contractor of, or material
supplier to, Design/Builder or anyone employed by any of the foregoing or anyone for whose acts any of them may be liable); and (iii) any other costs which would have been insured but for the failure of Design/Builder (or of any Trade
Contractor of, or material supplier to, Design/Builder or anyone employed by any of the foregoing or anyone for whose acts any of them may be liable) to carry the insurance required to be carried hereunder or the failure of Design/Builder (or of any
Trade Contractor of, or material supplier to, Design/Builder or anyone employed by any of the foregoing or anyone for whose acts any of them may be liable) to comply with the requirements of any insurance carriers providing insurance coverage for
the Project, as set forth in Exhibit F hereof; 

  

 17 

	 	e.	costs of uncovering, correcting or replacing defective Work which has arisen by reason of Design/Builder’s negligence or the negligence of any Trade Contractor of, or material
supplier to, Design/Builder or anyone employed by any of the foregoing or anyone for whose acts any of them may be liable, or breach of this Agreement or failure to properly supervise or coordinate the Work; 

  

	 	f.	losses, costs, and expenses (including attorneys’ fees and disbursements) incurred by Design/Builder in connection with, or as a result of, the occurrence of any event
expressly provided for under the terms of this Agreement wherein Design/Builder agrees to indemnify and hold harmless Owner against such losses, costs and expenses; 

  

	 	g.	General Conditions Costs which have been back-charged or are deducted from any Trade Contractor for any reason; 

  

	 	h.	costs on account of the performance by Design/Builder, or of any Trade Contractor, of general conditions work, other than or in addition to those expressly identified as
Reimbursable Costs under Article V; 

  

	 	i.	costs incurred by reason of Design/Builder’s failure to comply with its obligations under this Agreement, including costs in the form of penalties, fines or other similar
charges, as well as any and all costs incurred by reason of Design/Builders violation of laws, rules and regulations; 

  

	 	j.	New Jersey State and any other Governmental Authority’s sales and use taxes on any portion of the Work which is subject to exemption, whether by reason of a certificate of
capital improvement or otherwise; 

  

	 	k.	cost of insurance on tools and equipment owned by workmen; 

  

	 	l.	costs of any item expressly excluded from, or not expressly included within, the items referred to in Article V hereof; and 

  

	 	m.	costs of any item or expense which this Agreement provides are to be paid or borne by Design/Builder at its sole cost and expense. 

  
 ARTICLE VII 
  
 Schedule of the Work and Early Occupancy 
  

	7.1	 Design/Builder shall promptly and diligently perform, or caused to be performed, the Work in strict accordance with the time periods (“Milestone
Dates”) set forth in the Progress Schedule annexed hereto as Exhibit D so that all Milestone Dates (as such may be amended 

  

 18 

	 	 
from time to time) shall be achieved and the Work shall be (a) substantially completed on or before July 31, 2006 (“Substantial Completion
Date”), and (b) finally completed on or before the date which is thirty (30) days from the Substantial Completion Date (“Final Completion Date”), in each case as set forth in the Progress Schedule, subject to adjustments as
hereinafter provided. Design/Builder acknowledges that it has reviewed the Progress Schedule and has independently determined that it can complete the Work in accordance with such Schedule. Within thirty days of the award of this Agreement,
Design/Builder will submit a detailed critical path method (“CPM”) schedule which refines the Progress Schedule and is consistent with the original Milestone Dates. Design/Builder further acknowledges that the timely performance of its
obligations under this Agreement is of the essence, and such time of the essence requirement shall apply to all dates, time limits and time requirements set forth in this Agreement and the Progress Schedule. The Work shall be deemed substantially
completed (“Substantial Completion”) on the date when all of the following shall have occurred: (a) Owner may use and occupy the Project or, if requested by Owner, portions thereof without interference for all of its intended uses
under this Agreement, (b) only minor Punch List items (as such term is defined in Section 11.1(d) hereof), if any, remain incomplete provided they do not interfere with such use and occupancy; and (c) Owner shall have received from
the Department of Buildings of the Town of Hanover, New Jersey all required permits and certificates necessary to occupy and operate the Project, including, if required, a Temporary Certificate of Occupancy. The Work shall be deemed finally
completed (“Final Completion”) on the date when the Work shall have been finally completed and Owner shall have received satisfactory evidence, that: 

  

	 	a.	all Work, including all items set forth on the Punch Lists, has been fully and satisfactorily completed in a good and workmanlike manner, in conformance with the Contract Documents
and in full compliance with all applicable laws, rules, requirements and regulations of all Government Authorities having jurisdiction over the Work including required sign-offs; 

  

	 	b.	all final certificates of approval relating to the Work and the contemplated uses of the Project, including, without limitation, all necessary certificates of the Board of Fire
Underwriters or any successor thereto and all certificates of inspection shall have been issued and delivered to the Owner; and 

  

	 	c.	all required receipts, general releases, releases of liens, affidavits, waivers, guarantees, warranties, bonds, as-built drawings and any other documents required under this
Agreement or the Trade Contracts shall have been issued and delivered to Owner. 

  

	7.2	 Design/Builder shall notify Owner promptly if the Work, or any portion thereof, will not be completed within the time provided for in the Progress Schedule.
If Design/Builder so notifies Owner, or if, in the opinion of Owner reasonably exercised, Design/Builder falls behind in the Progress Schedule for any reason, Design/Builder shall take appropriate action to improve the progress of the Work and
shall, if requested by Owner, submit operational 

  

 19 

	 	 
plans to demonstrate the manner in which the lost time may be regained if possible. Such actions shall not result in an increase in the Final Guaranteed
Maximum Price, Design/Builder’s Fee or General Conditions Costs. 

  

	7.3	On or before the Substantial Completion Date, Design/Builder shall clear, or cause to be cleared, the Project Site and the Project of any debris, construction materials,
rubbish, rubble, discarded equipment or spillage of solid or liquid waste, shall remove all tools, construction equipment, machinery and surplus materials, and shall maintain the Project free of such items until Final Completion. In addition, on or
before the Substantial Completion Date, Design/Builder shall clean, or cause to be cleaned, the Project, as provided in the Construction Documents. If the Project or the Project Site are injured or damaged by Design/Builder or any Trade Contractor
of, or material supplier to, Design/Builder or anyone employed by any of the foregoing or anyone for whose acts any of them may be liable, Design/Builder, at its sole cost and expense and without additional cost to Owner, promptly shall repair and
restore the portion thereof so damaged or injured to its condition immediately prior to such damage or injury in a manner satisfactory to Owner. If Design/Builder fails to undertake or cause the undertaking of the aforesaid cleaning, removal and
repairs, in such event, the Owner may, at Owner’s sole option, avail itself of any of the remedies provided in this Agreement and, subject to giving 48 hours’ prior written notice to Design/Builder, Owner may also perform, or cause to be
performed, the aforesaid cleaning, removal and repairs and, in such event, all additional expenses incurred by Owner in connection therewith, at Owner’s option, shall be reimbursed to Owner either (a) by Owner not paying Design/Builder
monies then due or next becoming due from Owner to Design/Builder hereunder, or (b) by Design/Builder paying such amounts to Owner on demand, after rendition of a bill or statement therefor. 

  

	7.4	Prior to Substantial Completion of the Work, Owner or Owner’s designees, including, but not limited to, additional Design/Builders retained by Owner to perform services
outside of this Agreement, shall have the right to use or occupy all or any portion of the Project or to install or cause the installation of furniture, furnishings and equipment therein. Such use or occupancy by Owner or Owner’s designees
shall not (a) constitute acceptance by Owner of any element of the Work or the space, systems, materials or equipment incorporated in the Project, (b) be construed as a waiver of any right or claim by Owner in connection with any Work, or
(c) affect the obligations of Design/Builder or any Trade Contractor for any Work which is not in accordance with this Agreement, the respective Trade Contracts or the Contract Documents. Design/Builder shall continue performance of the Work in
a manner which shall not unreasonably interfere with the aforesaid use, occupancy and operation by Owner or Owner’s designees. Design/Builder agrees that it shall not interfere with, or object to, such use or occupancy by Owner or Owner’s
designees and that it shall cooperate with Owner and any designated occupants to facilitate such early occupancy. 

  

	7.5	 Owner and Owner’s designees shall have the right of access to the entrances, elevators, loading facilities and such other services as Design/Builder
shall be using or providing to the Project. Such right of access shall be subject to the reasonable rules of Design/Builder, 

  

 20 

	 	 
which rules (a) shall be for the sole purpose of coordinating such access and for observing all safety and precautionary measures, and (b) shall
not hinder, prohibit or interfere with such access by Owner or Owner’s designees. In addition, Owner may require the use and operation of any completed heating, ventilating or air conditioning equipment at the time that Owner or Owner’s
designees occupy or use any portion of the Project. Any such use or occupancy by Owner shall not affect the warranties and guarantees required under the provisions of Section 8.3, herein. 

  

	7.6	Any claims for extension of the Substantial Completion Date as a result of delays caused by Contemplated Delays (“Extension of Time”) shall be made in writing
within seven (7) days of the occurrence leading to delay and shall set forth in detail (i) the nature of the circumstances which form the basis for each claim; (ii) the date upon which each alleged cause of delay began and ended, or
began to affect the timely prosecution of the Work, or ceased to have an adverse effect upon the timely prosecution of the Work; (iii) and the number of days’ Extension of Time requested as a consequence of each alleged cause of delay.
Design/Builder shall provide such supporting documentation as Owner may require, including, where appropriate, a revised Progress Schedule for performance of the Work, indicating all of the activities affected by the circumstances which form the
basis for the claim. Design/Builder shall not be entitled to separate Extensions of Time for each one of a number of causes of delay which have a concurrent or interrelated effect on the progress of the Work. Owner shall respond to Contractor’s
claim for an extensive of time within five (5) business days, however, Owner shall have the right to defer its decision with reference to any claims made pursuant to the provisions of this Section, until the actual effect or effects of the
circumstances which form the basis for such claims may be fully assessed. 

  
 ARTICLE VIII 
  
 Trade
Contracts 
  

	8.1	Unless otherwise agreed upon in writing by Owner, all items of the Work to be performed and all materials, supplies and equipment to be furnished in connection herewith
(other than those portions of the General Conditions Work Items which are required to be performed by Trade Contractors under their respective Trade Contracts) shall be performed by Trade Contractors, materialmen, and suppliers (collectively,
“Trade Contractor”), approved by Owner, pursuant to written Trade Contracts (“Trade Contracts”) awarded by Design/Builder. Design/Builder assures Owner that the Trade Contracts are to be awarded in such a manner that such Trade
Contracts shall, cumulatively, include all Work required of respective trades as shown on the Construction Documents. 

  

	8.2	 It is expressly understood and agreed that no portion of the Work shall be performed, and no materials or equipment required on account of the Work shall be
furnished, by any Trade Contractor unless and until a Trade Contract for the same is entered into between Design/Builder and the Trade Contractor in question in accordance with the provisions of 

  

 21 

	 	 
Section 8.1 hereof and a copy thereof is delivered to Owner, unless Owner expressly waives, in each instance, the requirement that the same be delivered
as aforesaid. 

  

	8.3	Design/Builder shall, and shall require all Trade Contractors to, warrant and represent that all materials and equipment incorporated in the Work shall be new and that the
Work shall be of good quality, free from improper workmanship and defective materials and in strict conformance with the Contract Documents, and all applicable laws, rules, requirements and regulations of any governmental authorities having
jurisdiction over the Work, including the requirements of the Underwriters Laboratory or any successor thereto; 

  

	8.4	Design/Builder shall, and shall require all Trade Contractors to, guarantee all Work for a period of one (1) year after Substantial Completion of the Work, or should
this Agreement and the applicable Trade Contract be sooner terminated by Owner or Design/Builder within one (1) year (or such longer period as may be contained in the Trade Contract in question) after the date of such termination, or such
longer period of time as may be prescribed by law or by the terms of any special warranty required by the Contract Documents or any of the Trade Contracts. Notwithstanding the foregoing, in the event Design/Builder achieves Substantial Completion of
a distinct and several building system, the warranties and guarantees on such building system will commence to run on the date Owner issues written approval and acceptance of such system. In the event the Work or any portion thereof is found
defective or not in accordance with the Contract Documents, within such time period, Design/Builder shall itself, or require the appropriate Trade Contractor to correct it promptly after written notice from Owner to do so unless Owner has previously
given written acceptance of such condition. Owner shall give such written notice promptly after discovery of the same. Notwithstanding the foregoing and in recognition that Design/Builder is required to include guarantees of the type contained in
this Section 8.3 in Trade Contracts with Trade Contractors, in the event that Owner shall agree in writing, in its sole discretion, to the inclusion in a specific Trade Contract of a period of guaranty which has a duration of less than one
(1) year, then the obligation of Design/Builder under this Section 8.3 with respect to the work of such Trade Contractor shall be applicable only for the shorter period contained in the Trade Contract; 

  

	8.5	Nothing contained in Section 8.5 shall be construed to establish a period of limitation with respect to any other obligation which Design/Builder might have under the
Contract Documents, including Section 8.4. The establishment of the time periods Section 8.4, or such longer period of time as may be prescribed by law or by the terms of any warranty required by the Contract Documents, relates only to the
specific obligation of the Design/Builder and the appropriate Trade Contractor to correct the Work, and has no relationship to the time within which Design/Builder’s or a Trade Contractor’s obligation to comply with the Contract Documents
may be sought to be enforced, nor to the time within which proceedings may be commenced to establish Design/Builder’s liability with respect to Design/Builder’s obligations other than specifically to correct the Work.

  

 22 

	8.6	Design/Builder shall cause all Trade Contractors to comply with the affirmative action requirements set forth in Article XXVII below. 

  
 ARTICLE IX 
  
 INTENTIONALLY OMITTED 
  
 ARTICLE X 
  
 Accounting Records 
  

	10.1	Design/Builder shall monitor delivery to the Project Site of all materials, equipment and supplies used in connection with the Work or incorporated in the Project, shall
check all labor performing Work and shall keep accounting and auditing records and procedures in an effort to provide the proper financial management of the Work. In addition Design/Builder shall maintain separate books and records and institute
such other accounting procedures reasonably requested by Owner, in connection with any sales tax exemptions or other tax rebates, credits, exemptions or benefits available to Owner in connection with the Work. Owner shall have the right to audit all
accounting records relating to change orders incurred above the firm fixed price of $7,173,275.00 

  
 ARTICLE XI 
  
 Applications for Payment 
  

	11.1	Owner shall make progress payments to Design/Builder at monthly intervals in accordance with the following procedures: 

  

	 	a.	 On or before the twenty-fifth (25th) day of the calendar month following commencement of the Work and on or before the twenty-fifth (25th) day of each
calendar month thereafter, Design/Builder shall submit to Owner, for review, an application for partial payment (the “Application for Payment”), based upon a schedule of values approved by Owner, in form satisfactory to Owner setting forth
in complete detail (i) the portion of Reimbursable Costs, excluding General Conditions Costs, incurred by Design/Builder in connection with the Work during the immediately preceding thirty (30) day period for which Design/Builder is to be
reimbursed as provided in Section 12.1(c) hereof, (ii) the installment of Design/Builder’s Fee incurred that month and (iii) the actual General Conditions Costs incurred that month. Design/Builder shall be entitled to payment of
that percentage of the Design/Builder’s Fee and General Conditions Costs which is equal to the percentage of the Work completed during the immediately preceding thirty 

  

 23 

	 	 
(30) day period. At no time prior to Final Completion will Design/Builder be entitled to be paid greater than 90% of the Design/Builder’s Fee. Any
materials which are stored but have not been incorporated into the Project shall be listed separately on each Application for Payment, and payment is subject to compliance with Article XXI. All Applications for Payment must be accompanied by such
documents (including written releases of lien from Design/Builder and Trade Contractors) as Owner may require to evidence (i) Design/Builder’s right to the payment claimed and (ii) that title to the equipment or materials incorporated
in the Project, or pre-purchased as provided in Article XXI hereof, is unencumbered; 

  

	 	b.	Each Application for Payment shall constitute a representation by Design/Builder that (i) the partial payment then requested to be disbursed has been incurred by Design/Builder
on account of the Work or is justly due to Trade Contractors on account thereof, (ii) the materials, supplies and equipment for which such Application for Payment is being submitted have been installed or incorporated in the Project or have
been stored at the Project Site or at such off-Project Site storage locations as shall have been approved in writing by Owner, (iii) the materials, supplies and equipment are not subject to any liens or encumbrances, (iv) no
mechanic’s, laborer’s, vendor’s, materialman’s or other liens have been filed, or have been threatened to be filed, in connection with the Project or any of the materials, supplies or equipment incorporated therein or purchased
in connection therewith, or if Design/Builder cannot make such a statement, state in full the reasons therefor, (v) no claims have been filed, or have been threatened to be filed, by any Trade Contractor or anyone claiming through any Trade
Contractor in connection with the Project, or if such claim has been filed, or threatened state in full the reasons therefor, (vi) the Work which is the subject of such Application for Payment has been performed in accordance with the Contract
Documents. Design/Builder shall carefully examine all payment breakdowns and applications for payment submitted by Trade Contractors in an effort to eliminate “front-end loading” and shall under no circumstances request or allow payments
to be made to any Trade Contractor which are “front-end loaded” and which do not accurately reflect the true value of the work performed or the materials, supplies or equipment actually furnished; 

  

	 	c.	 On or before the thirtieth (30th) day after Owner’s receipt of the Application for Payment, and upon Owner’s determination (which determination shall
be made within thirty (30) days) of the amount properly payable to Design/Builder for Work completed to Owner’s satisfaction, Owner shall pay Design/Builder, as part of the Reimbursable Costs and the Design/Builder’s Fee, an amount
equal to the amount approved by Owner, less a hold-back (“retainage”) equal to ten percent (10%) until such time when the work of such Trade Contractor is 50% completed, as determined by Owner of (i) the Trade Contract Costs
(including payments to Trade Contractors for the performance of General Conditions Work Items pursuant to Trade Contracts), (ii) General Conditions Costs, and (iii) Design/Builder’s Fee. There shall be no retainage on
Design/Builder’s Fee or General Conditions Costs. In Owner’s sole 

  

 24 

	 	 
discretion, subject to Owner’s approval, retainage withheld from Trade Contracts which have reached Final Completion may be released. Notwithstanding
the foregoing, nothing herein shall be deemed to require Owner to release such funds. Design/Builder shall process and make payments for all obligations to Trade Contractors which are covered by the Application for Payment so paid by Owner within
ten working (10) days. This provision is strictly for the benefit of Owner in order that satisfactory morale and relations with Trade Contractors be maintained and shall not under any circumstances confer any right upon any third party. This
provision shall be waivable by Owner, in writing, in its absolute discretion; 

  

	 	d.	Within thirty (30) days following Substantial Completion of the Work and submission of an Application for Payment therefor by Design/Builder (and subject to Owner’s
determination of the amount payable to Design/Builder), Owner shall pay to Design/Builder an amount equal to the balance remaining unpaid to Design/Builder on account of Reimbursable Costs, together with the amount of the Design/Builder’s Fee
due and payable, after deducting from monies otherwise due, such amount as Owner may determine, in its sole discretion, to be sufficient to be held back to ensure that there continues to be retained at least two hundred percent (200%) of the
amount (the “Punch List Amount”) necessary to complete Punch List items and replace defective work. Said Application for Payment shall also be accompanied (i) by written releases, executed by each Trade Contractor receiving final
payment under their respective Trade Contracts, waiving their right to file any mechanics, vendors, laborer’s, materialman’s or other liens against the Project, and (ii) by such other certificates, as-built drawings, maintenance
manuals, operating instructions, permits and other documents or instruments required to be delivered to Owner at Final Completion of the Work under this Agreement. Notwithstanding the foregoing, it is expressly understood and agreed that if, at any
time after any of the hold-back with respect to a particular Trade Contract is released, any lien or claim is filed against the Project which relates to work performed or materials, supplies or equipment furnished by such Trade Contractor or its
sub-Trade Contractors, and Design/Builder has failed to cancel or discharge such lien or claim in accordance with Article XIII, Owner, at its option, shall be entitled to hold back from the sums then due or next becoming due to said Trade Contractor
an amount equal to all costs and expenses to be incurred in causing such lien or claim to be discharged of record, including, without limitation, attorneys’ fees and disbursements; 

  

	 	e.	 Within sixty (60) days following Final Completion of the Work, Owner, subject to revision and approval, upon submission of a final Application for Payment
therefor by Design/Builder (accompanied by Design/Builder’s general release of liens and consent of surety together with all as-built drawings, certificates, general releases, releases of lien and other documents instruments not theretofore
delivered to Owner as required under Article II, hereof) shall pay to Design/Builder an amount equal to the aggregate of the balance remaining unpaid to Design/Builder on account of Reimbursable Costs, and the Design/Builder’s Fee, and the
balance of any amounts 

  

 25 

	 	 
held back under each Trade Contract. The acceptance by Design/Builder of final payment following Final Completion of the Work shall constitute a waiver of
all those claims which Design/Builder had knowledge of, unless the same is set forth in writing and identified by Design/Builder as unsettled at the time of Final Completion, and then, only for a period of one (1) year, as set forth in Article
XXIX hereof; and 

  

	 	f.	Anything contained in this Agreement to the contrary notwithstanding, Owner, in its judgment reasonably exercised, may withhold from any payment due or to become due to
Design/Builder any amount which Owner, in its good faith opinion, deems sufficient to reimburse Owner for its actual or potential expenditures for the account of Design/Builder or to secure Owner’s remedies in consequence of any actual or
potential default or breach by Design/Builder under this Agreement, including without limitation, Owner’s opinion that the balance payable to Design/Builder under this Agreement would be insufficient to complete the Work, and in connection with
any of the foregoing, Owner may nullify, in whole or in part, any previously approved Application for Payment. Prior to any such action by the Owner, Owner shall give written notice of its intention and the basis for its proposed action. The
Design/Builder shall have fifteen (15) days thereafter within which to cure any conduct which Owner has stated is the basis for its determination. Only if Design/Builder has not cured, or commenced to cure the conduct which is the basis of
Owner’s determination within said fifteen (15) days may Owner withhold any payments. Owner may, in its sole discretion, issue joint checks although nothing herein shall obligate Owner to do so. 

  

	11.2	No payment by Owner of any Application for Payment shall constitute acceptance by Owner of Work completed or stored material, and no such payment shall be construed as a
waiver of any right or claim by Owner in connection with such Work or stored material. 

  
 ARTICLE XII 
  
 Assignment 
  

	12.1	Design/Builder shall not assign this Agreement or the performance of all or any of its obligations hereunder without the prior written consent of Owner, which consent may be
given or withheld in Owner’s sole and exclusive discretion. The provisions of this Section 12.1 may not be waived or otherwise modified except by a written instrument executed by Owner. 

  

	12.2	 This Agreement shall be freely assignable by Owner without the consent of Design/Builder (hereafter referred to as a “Permitted Assignee”),
provided (i) such Permitted Assignee agrees to assume Owner’s obligations and liabilities hereunder; and (ii) Permitted Assignee demonstrates it has the capacity to proceed with the Project. If Owner shall assign this Agreement as
aforesaid, Design/Builder agrees that it shall deal with such Permitted Assignee or other approved assignee in the place and stead of Owner and that it shall perform 

  

 26 

	 	 
all of its obligations under this Agreement and perform and complete the Work in the manner required by this Agreement. In such event, such Permitted
Assignee or other approved assignee may, among other things, use the Contract Documents without payment of any additional fees or charges and may enforce the obligations of Design/Builder hereunder with the same force and effect as if approved
assignee assumes the obligations and liabilities of Owner. Upon such assignment and assumption by the Permitted Assignee or approved assignee, Owner shall be released from all of its payment and other obligations and liabilities hereunder arising
from Work performed subsequent to the assignment. Design/Builder shall certify, in the form reasonably required by any such Permitted Assignee or other approved assignee, that the undertakings contained herein as to the obligations in favor of such
Permitted Assignee or other approved assignee shall run in favor of such Permitted Assignee or other approved assignee. 

  
 ARTICLE XIII 
  
 Liens and Claims 
  

	13.1	If, at any time, there is any lien or claim of any kind whatsoever filed against the Project by a Trade Contractor or anyone claiming under or through Design/Builder or a
Trade Contractor for work performed or materials, supplies or equipment furnished in connection with the Work, then, Design/Builder shall, within seven (7) days after notice from Owner, commence to cause such lien or encumbrance to be canceled
and discharged of record by bonding or otherwise, and thereafter diligently pursue such cancellation or discharge, at Design/Builder’s sole cost and expense. Notwithstanding the foregoing, if Trade Contractor’s entitlement to a lien arises
only because Owner wrongfully fails to make payment properly due to Design/Builder for such sum on account of Trade Contractor, Owner shall reimburse Design/Builder for the reasonable cost (including reasonable attorney’s fees) of causing such
lien to be canceled and discharged of record. 

  

	13.2	If any lien required to be removed pursuant to Section 13.1 hereof is not canceled and discharged of record as aforesaid, Owner shall have the right to take such action
as Owner shall deem appropriate (which shall include the right to cause such lien to be canceled and discharged of record by bonding or otherwise but shall not include the satisfaction thereof by payment), and in such event, all costs and expenses
incurred by Owner in connection therewith (including, without limitation, premiums for any bond furnished in connection therewith, and reasonable attorneys’ fees and disbursements), shall be paid by Design/Builder to Owner on demand, or at the
option of Owner, deducted from any payment then due or thereafter becoming due from Owner to Design/Builder in accordance with the provisions of this Agreement. If Design/Builder fails to discharge lien by bonding or otherwise, Owner can satisfy the
lien by payment and deduct all costs and expenses from sums due to Design/Builder. In addition, Owner shall have the right to withhold double the lien amount from sums due to Design/Builder and, Design/Builder shall not be entitled to payment of any
monies until the Design/Builder so discharges such lien or claim. 

  

 27 

 ARTICLE XIV 
  
 Events of Default and 
 Termination or Suspension of Agreement 
  

	14.1    a.	If, at any time during the performance of the Work, any of the following events (“Events of Default”) shall occur: 

  

	 	i.	Design/Builder shall default in observing or performing any of its obligations under this Agreement and such default shall not have been cured or Design/Builder has not commenced to
cure within five (5) days after Owner shall have given Design/Builder written notice thereof; or 

  

	 	ii.	Design/Builder becomes a party to any insolvency proceeding in a capacity as a debtor, and, in the case of any involuntary proceeding only, such proceeding is not stayed or
discharged within thirty (30) days after the commencement of same; the terms “insolvency proceeding” as used herein shall include the filing of a petition for relief under Chapter 11 of Title 11 of the United States Code by
Design/Builder of any petition or action looking to, or seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any other present or future Federal or State statue, law or regulation, or
the appointment, with or without the consent of Design/Builder, of any trustee, custodian, receiver or liquidator of Design/Builder or of any of its property or assets or Design/Builder’s making an assignment for the benefit of creditors; then,
to the extent permitted by law, Owner may serve written notice upon Design/Builder terminating this Agreement on date specified by Owner in said notice; 

  

	 	b.	 Upon the occurrence of an Event of Default, Owner may, at Owner’s option, exercised upon five (5) days written notice to Design/Builder, terminate the
employment of Design/Builder. Title to any or all materials, Work in process, including design documents, drawings, specifications, catalog cuts, etc, dies and tools (whether on the Project Site or located at an off-Project Site location) which are
necessary for, or useful in connection with, the Final Completion of the Work, as determined by Owner, shall vest in Owner and Owner may take possession of and utilize the same for Final Completion of the Work, or of any portion thereof.
Design/Builder shall be entitled to payment of an amount equal to (i) the aggregate of (x) the actual unpaid costs incurred by Design/Builder in its proper performance of the Work up to the date of termination, plus the portion of the
Design/Builder’s Fee attributable thereto (including that portion of such costs and the Design/Builder’s Fee theretofore held back which Design/Builder shall be entitled to receive pursuant to the provisions of this Agreement), and
(y) the fair market value of such tools and dies 

  

 28 

	 	 
(less, if Owner elects to return the tools and dies to Design/Builder, the salvage value thereof), less (ii) an amount equal to the additional costs and
expenses (including attorneys fees and disbursements) incurred by Owner over those which would have been incurred by it in connection with the Project had Design/Builder not defaulted hereunder, including, without limitation, the additional expense
of engaging another Design/Builder/general contractor as well as additional compensation for Consultant’s additional services made necessary by such default. Design/Builder shall be entitled to such payment only after Final Completion of the
Work. Owner shall have the right to set-off against the aforesaid payment any amounts then due and payable by Design/Builder to Owner hereunder or which may accrue as damages owing by Design/Builder to Owner under the terms of this Agreement;

  

	 	c.	Upon the happening of any of the events set forth in subsection b of this Section 14.1, Owner shall have the right, in addition to all other rights and remedies, to complete or
cause the Work to be completed, by such means, and in such manner, by agreement or otherwise, as Owner deems advisable, subject, however, to the terms and conditions of the payment and performance bonds required of Trade Contractors hereunder;

  

	 	d.	If it shall be determined that a termination under this Section 14.1 was wrongful or unjustified, such termination shall be deemed to be a termination for the convenience of
Owner under Section 14.2 hereof, and the sole right, remedy and recourse of Design/Builder against Owner shall be governed and determined by said Section 14.2; and 

  

	 	e.	In the event of the happening of any of the events set forth in subsection b of this Section 14.1, Design/Builder shall not interfere, directly or indirectly, with Owner’s
right and attempt to complete the Work by others or any of the Trade Contractors. 

  

	14.2    a.	Owner, at any time, and for any reason whatsoever in Owner’s sole discretion, may terminate this Agreement for its own convenience. Any such termination shall be effected by
delivering to Design/Builder a notice of termination specifying the date upon which such termination shall become effective and any specific portion of the Work to be completed by Design/Builder prior to such termination. Upon receipt of any such
notice of termination, Design/Builder shall: 

  

	 	i.	stop all Work under this Agreement on the date, and to the extent, specified in the notice of termination; 

  

	 	ii.	enter into no further Trade Contracts except as may be necessary for completion of such portion of the Work under this Agreement, if any, which is not terminated;

  

 29 

	 	iii.	unless directed otherwise by Owner, terminate all Trade Contracts entered into by Design/Builder to the extent that they relate to portions of the Work to be performed subsequent to
the date specified in the notice of termination as the date upon which such termination shall become effective; 

  

	 	iv.	to the extent required by Owner and subject to the prior written approval of Owner, settle all outstanding liabilities and all claims arising out of such termination of Trade
Contracts, which approval by Owner shall be final for all the purposes of this Section 14.2; provided, however, that in the event of a termination of this Agreement pursuant to the provisions of this Section 14.2, no Trade Contractor shall
be entitled to recover anticipated profits on account of Work unperformed or on account of materials or equipment not incorporated or installed in the Project, nor for reimbursement for losses arising out of matters covered by insurance, but shall
be limited to recovering only the reasonable and actual out-of-pocket costs and expenses incurred by such Trade Contractor for Work satisfactorily performed or materials, supplies and equipment procured, fabricated, incorporated or installed in the
Project prior to the effective date of such termination; 

  

	 	v.	if applicable, transfer title to Owner, to the extent not already vested in Owner, and deliver in the manner, at the times, and to the extent, if any, directed by Owner
(x) fabricated or unfabricated parts, Work in progress, completed Work, supplies and other materials and equipment produced as a part of, or acquired in connection with the performance of, the Work terminated by such notice of termination, and
(y) copies of the Contract Documents and other drawings, sketches, specifications, shop drawings, information and other relevant documentation directly related to the performance of the Work; 

  

	 	vi.	complete performance of such part of the Work as shall have been specified in the notice of termination to be completed on or before the effective date of such termination;

  

	 	vii.	as requested by Owner and for reasonable compensation, cooperate with the transition of the Project to another Design/Builder or otherwise; and 

  

	 	viii.	prior to the effective date of such termination, take such actions as may be necessary, or as Owner may reasonably direct, for the protection and preservation of the property
related to the Work and the Project which is in the possession of Design/Builder and in which Owner has or may acquire an interest; 

  

	 	b.	 In the event of a termination of this Agreement pursuant to this Section 14.2(a), Design/Builder shall be paid by Owner for (i) the actual unpaid
Reimbursable Costs 

  

 30 

	 	 
incurred by Design/Builder in connection with its performance of the Work up to the date of such termination and any reasonable demobilization costs plus the
portion of the Design/Builder’s Fee attributable thereto, less (ii) any sums properly deductible by Owner under the terms of this Agreement. Design/Builder agrees that the pendency or existence of any dispute between Design/Builder and
Owner shall in no manner whatsoever affect or interfere with the discharge of Design/Builder’s obligations hereunder and that should Design/Builder fail to perform its obligations under this Section 14.2 Design/Builder shall be liable to
Owner for any and all damages which Owner may sustain as a result of such failure on the part of Design/Builder to perform said obligations. 

  

	14.3	Owner may, at any time and for any reason, direct Design/Builder to suspend, resequence, stop or interrupt the Work or any portion thereof for a period of time. Such
direction shall be in writing and shall specify the period during which the Work is to be stopped. Design/Builder shall resume the Work upon the date specified in such direction or upon such other date as Owner may thereafter specify in writing.
Said suspension, resequencing, stoppage or interruption shall be recognized as a Contemplated Delay and disposed of in accordance with the provisions of Section 7.3 hereof. Notwithstanding the foregoing, to the extent the Work is suspended for
more than sixty (60) days in the aggregate due to Contemplated Delays which do not arise out of the acts or omissions of Design/Builder or its Trade Contractors or anyone for whom they are liable, then Design/Builder shall be entitled to
request an equitable adjustment to this Contract for additional actual costs incurred by it. 

  

	14.4	If, without good cause, Owner shall fail for a period of thirty (30) days after the due date to make payment on the undisputed portion of any approved Application for
Payment, or if the Work should be stopped (a) for a period in excess of one hundred and twenty (120) days at Owner’s request, or (b) for a period in excess of one hundred and eighty (180) days under an order of any court or
other public authority having jurisdiction over the Work or the Project or as a result of an act of government, such as a declaration of national emergency making materials unavailable through no act or fault of Design/Builder then Design/Builder
immediately shall serve Owner with notice thereof, and, if Owner shall fail (i) to cause all such undisputed portions of such Application for Payment to be paid within thirty (30) days after receipt of such notice, or (ii) to rescind
Owner’s order suspending the Work to which reference is made in this Section 14.3 within ten (10) days after receipt of such notice, or if the delay described in this Section 14.3 shall be continuing beyond ten (10) days
after receipt of such notice, then this Agreement may be terminated by Design/Builder by written notice to Owner setting forth the date of termination, which date shall not be sooner than ten (10) days after the date of the notice. If, within
said ten (10) day period, the matter giving rise to Design/Builder’s right to terminate this Agreement shall not have been cured or discontinued, this Agreement shall be deemed terminated for convenience and Design/Builder shall be
compensated in the manner and to the extent set forth in Section 14.2(b) hereof. 

  

 31 

 ARTICLE XV 
  
 Bonds 
  

	15.1	Design/Builder shall furnish separate Performance and Payment bonds and shall name Owner as an obligee and otherwise shall be in the form of bonds identified as Exhibit
J attached hereto. The boards shall be in the amount of the Guaranteed Maximum Price. The cost of such bonds is included in the Guaranteed Maximum Price 

  
 ARTICLE XVI 
  
 Management of the Work 
 by
Design/Builder and Owner 
  

	16.1	Design/Builder shall assign (i) TBD as the “Project Executive,” to generally oversee the successful and timely completion of the Work; (ii) TBD as the
“Project Manager”, to be the lead person in charge of project administration and to interface with the “Project Superintendent” (as such terms are hereinafter defined) on all matters concerning the schedule, scope, budget, costs
and billing and to supervise performance of the Work; and (iii) TBD as “Project Superintendent”, to supervise construction activities at the Project Site. If the Project Manager or Project Superintendent shall cease to be in
Design/Builder’s employ Design/Builder shall provide a substitute acceptable to Owner, in Owner’s reasonable discretion, which shall include Owner’s subjective assessment as to its ability to develop a successful working
relationship with such individual; 

  

	16.2	Design/Builder agrees that the Project Executive shall devote a substantial portion of his time to the Project and shall be available on an as-needed basis and that
furthermore, the Project Manager and Project Superintendent shall be assigned to the Work on a full time basis from and after the commencement of the Construction Phase. The Project Manager and Project Superintendent shall, for purposes of this
Section 16.2, be deemed to fall within the designation of “staff persons”, as such term is used herein. The Project Manager shall be stationed at the Project Site until Substantial Completion of the Work in order to facilitate
performance and completion of the Work in the most expeditious and economical manner consistent with the interests of Owner. In addition to the above mentioned staff persons, Design/Builder shall also staff the Project with a team of persons
acceptable to Owner. Each person assigned to comprise said staff shall be subject to Owner’s prior written approval. It is expressly understood and agreed that Design/Builder (i) shall remove, at the reasonable and good faith request of
Owner, any staff person assigned to the Project, (ii) shall propose substitutes, and obtain Owner’s approval, for any staff persons assigned to the Project who either cease to be in Design/Builder’s employ or are removed from the
Project by reason of Owner’s request as aforesaid, and (iii) shall not make any substitutions of staff persons beyond those included in Section 16.1) without first obtaining Owner’s prior approval therefor, which approval is in
Owner’s sole discretion. 

  

	16.3	 Owner hereby designates and appoints TBD and anyone else who, with prior notice to Design/Builder, Owner may designate or appoint, to act in conjunction with

  

 32 

	 	 
TBD, as “Owner” hereunder. Whenever this Agreement requires or permits the approval or consent of Owner, such approval or consent shall be deemed
given only if furnished by TBD in writing. Any such approval or consent given by TBD shall be binding on Owner unless and until Design/Builder has received written notice from Owner of the designation or appointment of a successor to the foregoing.

  
 ARTICLE XVII 
  
 Consultants 
  

	17.1	Design/Builder understands that Owner intends to retain Consultants to furnish such services as may be designated by Owner in writing. Design/Builder acknowledges that Owner
anticipates entering into separate agreements with the Consultants enumerated, together with others. Design/Builder hereby agrees that upon its receipt of written notice of the retention of the services of such Consultants, or any other Consultants
Owner may retain, accompanied by a designation of the nature of the service to be performed, Design/Builder shall recognize, and cooperate with, such Consultants to the end that their service may be performed in the best interest of Owner.
Design/Builder shall not be entitled to an increase in the Final Guaranteed Maximum Cost, Design/Builder’s Fees, or General Conditions Costs as a result of such cooperation. 

  
 ARTICLE XVIII 
  
 Codes 
  

	18.1	Design/Builder, shall certify that all Construction Documents comply with applicable trade standards, laws, rules or regulations, codes or requirements of any Governmental
Authority or agency having jurisdiction over the Work. 

  
 ARTICLE XIX 
  
 Insurance 
  

	19.1	The parties hereby agree that the Project shall be insured as set forth in Exhibit F hereof. 

  

 33 

 ARTICLE XX 
  
 Hazardous Materials 
  

	20.1	Design/Builder shall keep the Project Site to be kept free of Hazardous (as defined hereinafter) Materials and Substances. Without limiting the foregoing, Design/Builder
shall not cause or permit the Project or the Project Site to be used to generate, manufacture, refine, transport, treat, store, handle, dispose, transfer, produce or process Hazardous Materials and Hazardous Substances, except in compliance with all
applicable Federal, State and local laws or regulations, nor shall Design/Builder cause or permit, as a result of any intentional or unintentional act or omission on the part of Design/Builder or any contractor, Trade Contractor, vendor, a release
of Hazardous Materials and Hazardous Substances onto the Project Site or onto any other property. Design/Builder shall comply with and ensure compliance by all Trade Contractors, sub-Trade Contractors and vendors with all applicable Federal, State
and local laws, ordinances, rules and regulations, whenever and by whomever triggered, and shall obtain and comply with, and ensure that all Trade Contractors, sub-Trade Contractors and vendors obtain and comply with, any and all approvals,
registrations or permits required thereunder. Design/Builder shall defend indemnity and hold harmless the Indemnitees from any damages, awards, verdicts, cost or expenses arising out of or related to any claim, arbitration and/or lawsuit brought or
threatened, settlement reached, or government order relating to such Hazardous Materials and Hazardous Substances, bought onto site by Design/Builder or its Subcontractors and/or any violation of laws, orders, regulations, requirements, or demands
of government authorities, or any policies or requirements of the Indemnitees, which are based upon or in any way related to such Hazardous Materials and Hazardous Substances, including, without limitation, attorney and consultant fees,
investigation and laboratory fees, court costs, and litigation expenses. For purposes of this Section, “Hazardous” includes, without limitation, any flammable explosives, radioactive materials, hazardous materials, hazardous wastes,
hazardous or toxic substances, or related materials defined in the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended (42 U.S.C. Sections 9601, et seq.), the Superfund Amendments and Reauthorization Action of
1986 (Pub.L. No. 99-499, 100 stat. 1613 (1986), the Hazardous Materials Transportation Act, as amended (49 U.S.C. Sections 1801, et seq.), and in the regulations adopted and publications promulgated pursuant thereto, or any other federal, state
or local environmental law, ordinance, rule, or regulation. The provisions of this Section shall be in addition to any and all other obligations and liabilities Design/Builder may have to the Owner at common law, and shall survive Final Completion
of the Work. Nothing in this Section is to be construed as obligating Design/Builder to identify, abate or remove, or supervise the identification, abatement or removal, of any asbestos or other Hazardous Materials or Hazardous Substances currently
existing at the Project Site. In the event that Design/Builder observes any such toxic or Hazardous Materials or Hazardous Substances on the Project Site, it will promptly notify Owner of such observations. 

  

 34 

 ARTICLE XXI 
  
 Materials and Equipment 
  

	21.1	As the Work progresses, subject to the provisions of Exhibit F, title to each item of material or equipment shall vest in Owner upon the earlier to occur of
(a) incorporation of such item into the Work, or (b) payment for such item by Owner. Each such item shall then become the sole property of Owner, subject to the right of Owner to reject the same at any time prior to Final Completion for
failure to conform to Owner’s standards or the Contract Documents; provided, however, that nothing contained herein shall be construed to transfer the risk of loss from Design/Builder or any Trade Contractor to Owner prior to the delivery of
such materials or equipment to the Project Site, whether such loss is the result of damage, theft, vandalism or any other cause, or whether the same was caused by the negligent acts or omissions of Design/Builder or any Trade Contractor or their
failure to comply with their respective obligations under this Agreement or the Trade Contracts. Accordingly, Design/Builder shall be responsible for arranging for insuring materials and equipment until the same are delivered to the Project Site and
incorporated in the Work, and Owner shall be responsible for insuring materials and equipment from and after the date the same are incorporated into the Work, all as set forth in Exhibit F hereof. 

  

	21.2	Design/Builder shall, and shall require each Trade Contractor, to warrant that (a) title to all materials and equipment incorporated in the Work or paid for by Owner,
including, without limitation, title to materials and equipment pre-purchased in accordance with the provisions of Section 21.3 hereof, shall pass to Owner free and clear of all liens, claims, security interests and encumbrances of every kind,
and (b) that no materials or equipment covered by any Application for Payment will have been acquired by any other person performing work at the Project site or furnishing materials and equipment in connection with the Work subject to an
agreement under which an interest therein or an encumbrance thereon shall have been retained by the seller or otherwise imposed by seller or any other person. 

  

	21.3    a.	Design/Builder shall be entitled to arrange for the pre-purchase of certain materials and equipment to be incorporated in the Work provided that Owner shall have given its prior
written consent thereto in each instance. If Owner shall have approved any such pre-purchasing of materials or equipment as aforesaid, Design/Builder shall pre-purchase the same. In such event, Design/Builder shall be entitled to requisition for
100% of the cost of such pre-purchased materials or equipment. Design/Builder, upon submission of its Application for Payment, shall deliver to Owner a bill of sale with respect to the materials or equipment pre-purchased evidencing unencumbered
title to the same in Owner’s name, together with any warranties, certificates of insurance and other documents requested by Owner evidencing that such materials and equipment are covered by such insurance as shall have been specified by Owner;

  

 35 

	 	b.	All materials and equipment pre-purchased as aforesaid shall be stored at the Project Site or at such off-Project Site storage locations as shall have been approved in writing in
each instance by Owner. Any materials or equipment stored at such off-Project Site storage locations shall be segregated from materials and equipment of others, shall be clearly labeled to evidence Owner’s ownership interest and shall otherwise
be stored in such manner as directed by Owner. Insurance premiums, storage costs and other reasonable expenses incurred by reason of such off-Project Site storage in accordance with the provisions of this Section 21.3 shall be included in the
Reimbursable Costs. The risk of loss or damage to such materials and equipment shall remain with Trade Contractor until the incorporation of such materials and equipment in the Work, to the extent and as set forth in Section 21.1 hereof.

  

	 	c.	All materials and equipment which are pre-purchased by Design/Builder as provided herein shall provide that if, upon inspection of the same by Owner, or if, upon incorporation of
the same in the Project, Owner determines that such materials or equipment, or any portion thereof, are faulty or defective in any respect, such materials or equipment, or portion thereof, shall be replaced, without increase in the Final Guaranteed
Maximum Price, Design/Builder’s Fee or General Conditions Costs, within thirty (30) days after receipt of written notice to such effect from Owner. If replacement can not be achieved within thirty (30) days Design/Builder shall notify
Owner of the reasons why replacement cannot be achieved within thirty (30) days and provide Owner with a reasonable estimate of when replacement will be achieved. 

  
 ARTICLE XXII 
  
 Substitutions 
  

	22.1    a.	The products, materials and equipment of manufacturers referred to in the Construction Documents shall establish the standard of quality and design required by Owner. Anything
contained in the Construction Documents to the contrary notwithstanding, materials of manufacturers other than those specified may be used only if accepted by Owner as provided in this Article XXII. 

  

	 	b.	Owner shall be the judge of equivalency of proposed substitute materials. Design/Builder shall make written recommendations of acceptance or rejection of substitute products,
materials or equipment to Owner. Owner shall then issue to Design/Builder written approval or rejection of the substitution. Design/Builder shall inform the appropriate Trade Contractor of said approval or rejection. Owner, in its sole discretion,
may authorize rejection of a proposed substitution. 

  

 36 

	22.2    a.	When two or more products are specified in the Construction Documents for an item of Work, any one thereof shall be deemed acceptable and Design/Builder shall have the choice as to
which product to use. 

  

	 	b.	When only one product is specified in the Construction Documents for an item of Work and the term “or equal” is used in connection with such product, Design/Builder may
offer a substitution by submitting a written application to Owner in sufficient time (taking into account the progress of the Work, the period of delivery of the goods concerned and adequate time for Owner’s review), setting forth and fully
identifying (i) the proposed substitute, together with substantiating data, samples, brochures and other supporting documentation of the substitute it proposed, including, without limitation, evidence that the proposed substitution (w) is
equal in quality and serviceability to the specified item, (x) will not entail changes in detail, schedule and construction of related Work, (y) conforms with the design of the Project and its artistic intent, and (z) will not result
in an increase in the cost of the Work or, alternatively, will result in a cost change as indicated in the application, and (ii) the changes in other parts of the Work required by reason of the proposed substitute, and the cost consequences
associated therewith. 

  

	 	c.	When only one product is specified in the Construction Documents for an item of Work and the term “or equal” is not used in connection with such product, Owner, in its
sole and absolute discretion may authorize the rejection of any substitution proposed by Design/Builder. Notwithstanding the foregoing, if such specified product shall become unavailable for a material period of time and Owner receives reasonably
satisfactory proof from Design/Builder that the same shall be unavailable for reasons other than the failure of Design/Builder or a Trade Contractor to order such product in a timely manner, consistent with the Contract Documents and the scheduling
requirements for the Work, then, in such event, Owner shall consent to such substitution, in which event any change in costs incurred in connection with the use of such substitution shall be confirmed by a Change Order and included in the cost of
the Work hereunder. 

  

	22.3	Design/Builder shall support any request for a substitution with sufficient evidence to permit a fair and equitable recommendation to Owner on the merits of the proposal. Any
item by a manufacturer other than those cited in the Construction Documents, or of brand name, or model number or size or generic species other than those cited in the Construction Documents, shall be considered a substitution.

  

	22.4	Acceptance of substitutions shall not relieve Design/Builder from responsibility for compliance with all of the requirements of the underlying Agreement Documents. If changes
in other parts of the Work are required by reason of approved substitutions, the costs of any such changes shall be included in the cost of the Work. 

  

 37 

	22.5	In no event shall the Project Schedule be adjusted by any circumstance resulting from a proposed substitution. Additionally, there shall be no increase in compensation
related thereto, unless Design/Builder has notified Owner, in accordance with this Article, that the cost of the substitution is an increase in the value of the substituted item, and Owner has approved such increase with the issuance of a Change
Order in accordance with Article XXIII hereof. 

  
 ARTICLE XXIII 
  
 Changes in the Work

  

	23.1    a.	A Change Order shall be the instrument required to authorize any change in the Work which would result in (i) a change in the basic character, design intent or scope of the
Project, which Design/Builder represents as having served as the basis of the Guaranteed Maximum Price in accordance with Section 3.1(b) hereof, (ii) a deviation from design standards established for the Project or any part thereof, which
Design/Builder represents as having served as the basis of the Guaranteed Maximum Price in accordance with Section 3.1(b) hereof, (iii) an extension of the Milestone Dates, Substantial Completion Date or the Final Completion Date for which
Design/Builder is entitled to an extension of time under this Agreement or (iv) other circumstances for which the Final Guaranteed Maximum Price is to be increased or decreased to the extent expressly provided for in this Agreement.

  

	 	b.	Owner, without invalidating or abandoning this Agreement, may at any time require changes in the Work consisting of additions, deletions or other revisions. All such required
changes in the Work shall be requested in writing by Owner (a “Request for Proposal”); shall be submitted to Design/Builder; and, in order to be deemed part of, or deleted from, the Work and authorized by Owner, shall be executed in the
manner set forth below: 

  

	 	i.	 Within seven (7) days or if not practicable within a reasonable amount of time from Design/Builder’s receipt of a Request for Proposal, Design/Builder
shall prepare and furnish to Owner a signed statement (“Proposal”), in a form satisfactory to Owner, setting forth in detail, with suitable breakdowns by trades and work classifications, and using the “unit price” and/or other
costing method specified by Owner, Design/Builder’s estimate of (x) the cost, or savings, of the change reflected in the Request for Proposal, which cost shall be at the best price obtainable for, and shall reflect the most economical
manner of affecting, such Change, (y) the resulting increase or decrease in the cost of the Work, and (z) the changes in the Work or the Progress Schedule (including the Substantial Completion Date and the Final Completion Date) which
would result from implementation of the Request for Proposal. Design/Builder shall not be entitled to any increase in Design/Builder’s Fee or General Conditions Costs unless the change represents a material change in 

  

 38 

	 	 
the nature of the Project which results in a significant increase in Design/Builder’s responsibilities; 

  

	 	ii.	If Owner approves the Design/Builder’s Proposal, Owner shall issue to Design/Builder a written change order (the “Change Order”) signed by Owner, and the Substantial
Completion Date and the Final Completion Date, the Guaranteed Maximum Cost and the Contract Documents, as the case may be, shall be adjusted if required in accordance with the terms of such Change Order. All other terms and conditions of this
Agreement shall remain in full force and effect; 

  

	 	c.	Owner, in its sole discretion, can direct Design/Builder to perform work upon issuance of a Field Directive. If Design/Builder and Owner disagree on the value of such work or on
whether such work is part of Design/Builder’s Work under this Agreement, Design/Builder must so notify Owner in writing within five (5) days of receipt of the Field Directive and shall submit a proposal in accordance with
Section 23.1(b)(i), but shall nonetheless perform such work. Failure of Design/Builder to so notify Owner shall be deemed a waiver by Design/Builder of any increase in the Final Guaranteed Maximum Price, Design/Builder’s Fee or General
Conditions Costs and a waiver of any claim for an extension of time. 

  

	 	d.	Any work performed by Design/Builder or any Trade Contractor which is contrary to the Work, as required by the Contract Documents, shall be performed at Design/Builder’s or
such Trade Contractor’s sole risk, cost and expense, unless the same shall have been authorized by a Change Order, or an Emergency Change Order therefor shall have been confirmed by Owner by a duly issued Change Order, in accordance with
Article XXIII hereof. 

  

	23.2    a.	If Owner shall dispute any of the items set forth in the Proposal, then Owner shall give Design/Builder written notice of such dispute, which notice shall set forth (i) those
items in the Proposal which Owner disputes, (ii) those items in the Proposal which Owner does not dispute, and (iii) whether Owner desires that Design/Builder perform any portion of the change (x) corresponding to a non-disputed item,
or (y) corresponding to a disputed item. 

  

	 	b.	If Owner’s dispute notice shall direct Design/Builder to perform any change corresponding to a non-disputed item, that portion of the Proposal which related to the non-disputed
item, together with Owner’s direction to Design/Builder to perform the change corresponding to the non-disputed item, as set forth in Owner’s dispute notice, shall constitute a validly issued Change Order, and Design/Builder shall promptly
undertake to perform the same. 

  

	 	c.	 If Owner’s dispute notice shall direct Design/Builder to perform any change corresponding to a disputed item, Owner’s dispute notice shall be deemed a
notice of 

  

 39 

	 	 
demand for prompt resolution of the subject matter of the dispute by the mutual agreement of the parties, failing which it shall be resolved as provided in
Section 20.12 hereof. Notwithstanding the foregoing, Design/Builder shall promptly undertake to perform and pursue prosecution of the change corresponding to the disputed item during the pendency of any such resolution and must within five
(5) days notify the Owner in writing that the work is being performed under protest in order for Design/Builder to preserve its claim to compensation for such work. A determination reached by mutual agreement or order rendered by a court of law
relative to the disputed item, together with Owner’s direction to Design/Builder to perform the change corresponding to the disputed item, as set forth in Owner’s dispute notice, shall constitute a validly issued Change Order. For purposes
of this subparagraph (c) of this Section 23.2 only, however, such Change Order shall not, without a corresponding determination reached by mutual agreement or rendered by the court, as the case may be, obligate Owner to pay any additional
monies to Design/Builder, and shall not extend the Substantial Completion Date or the Final Completion Date except to the extent so determined by the parties or ordered by the court. Notwithstanding the foregoing, during the pendency of any such
dispute, Design/Builder shall be entitled to receive payments on account of actual out-of-pocket Costs incurred in performing the change corresponding to the disputed item. 

  

	23.3	When the Design/Builder is performing a change(s) in the work pursuant to Article XXIV and/or disputed work pursuant to Section 29.4 and/or work the Design/Builder
believes is extra work caused by an act or omission of Owner, the Design/Builder shall furnish the Owner daily with a written statement signed by a site representative of the Design/Builder stating the following: 

  

	 	a.	The names and number of workmen employed for such work, the number of hours employed and the nature of the work each workman is doing; and 

  

	 	b.	The nature and quality of any materials, equipment furnished or used in connection with the performance of such work and the name of the entity from whom materials and/or equipment
were purchased or rented. 

  

	23.4	No claim against the Owner for extra compensation or damages and/or an extension of time to complete shall be made or asserted in an action or proceeding, at law, or in
equity unless the Design/Builder shall have strictly complied with the requirements relating to the giving of notice and information with respect to such claims as provided in this Article XXIII or any other provision of this Agreement. The failure
of the Design/Builder to fully comply with such notice provisions shall be deemed a waiver of all such claims for extra compensation and/or damages and/or extensions of time to complete. 

  

	23.5	 When paid by Owner to Design/Builder, the compensation specified in a Change Order shall constitute full payment for the additional Work covered thereby and
for any delay, disruption, cost, or expense occasioned by reason of such change and shall release Owner 

  

 40 

	 	 
from any further liability in respect of the same and the Change Order shall so state on its face. 

  

	23.6	No time extension shall be granted by reason of the issuance of any Change Order unless it is expressly stated therein. 

  

	23.7	Anything contained herein to the contrary notwithstanding, Design/Builder shall have the authority to order “emergency changes” in the Work, without the prior
written approval of Owner, by the issuance of a written order (an “Emergency Change Order”). For purposes of this Agreement, “emergency changes” in the Work shall mean only changes which are required in the case of an emergency
imminently threatening the safety of persons or the Work and which, in the interest of such safety, Design/Builder determines must be made without obtaining the prior written approval of Owner. Design/Builder shall (x) notify Owner that an
Emergency Change Order has been issued within two (2) hours after the same has been issued, which notification shall set forth the reason giving rise to the issuance of the same, and (y) promptly furnish Owner with copies of all such
Emergency Change Orders. Valid Emergency Change orders shall be confirmed by Owner by a duly issued Change Order. 

  

	23.8	Owner shall provide Design/Builder with a list of five emergency telephone numbers. In the event an Emergency Change Order is issued pursuant to Section 23.7,
Design/Builder is obligated to attempt to reach each individual on such list within two hours. If Design/Builder cannot reach any of these individuals, then Design/Builder must notify Owner that an Emergency Change Order has been issued within
24-hours. 

  

	23.9	Design/Builder must provide Owner with a list of emergency telephone numbers whereby Design/Builder can be contacted at any time. 

  

	23.10	Design/Builder shall provide to Owner copies of all change orders issued by Design/Builder to Trade Contractors. 

  
 ARTICLE XXIV 
  
 Inspection and Testing 
  

	24.1	If the underlying Contract Documents or any laws, rules, ordinances or regulations of any Federal, State or local governmental authorities having jurisdiction over the Work
require that any Work be inspected or tested, Design/Builder shall give Owner timely notice of readiness of the Work for inspection or testing and the date fixed for such inspection or testing. 

  

	24.2    a.	 Whenever, in the opinion of Owner, it is desirable to require special inspection or testing of the Work or its individual components, it shall have authority to do
so 

  

 41 

	 	 
whether or not such Work is then fabricated, installed, covered or completed. All costs and/or time delays incurred in connection with such special
inspection or testing shall be a Reimbursable Cost by the issuance of a Change Order unless it reveals a test failure in which event, Design/Builder shall bear, at its sole cost and expense, all costs of such special inspection or testing,
including, without limitation and Consultant’s additional services made necessary thereby. No inspection performed or failed to be performed by Owner hereunder shall be deemed a waiver of any of Design/Builder’s obligations hereunder or be
construed as an approval or acceptance of the Work or any part thereof. 

  

	 	b.	In the event of a test failure of any item of the Work, Owner may require inspection or testing of any or all of the other similar items of the Work. Design/Builder shall bear, at
its sole cost and expense, all costs of such additional inspection or testing, including, without limitation, any consultant’s additional services made necessary thereby. 

  

	24.3	If any Work shall be covered or concealed contrary to the request of Owner or the Contract Documents, such Work, if required by Owner shall be uncovered for examination,
inspection or testing at Design/Builder’s sole cost and expense. If any such test results are below specified minimums, Owner may order additional examination, testing or inspection. Such additional examination, inspection or testing shall be
at Design/Builder’s sole cost and expense. Should Owner have reason to believe that defects exist in any Work which has already been covered or concealed, although no request not to cover or conceal such Work had been previously made by Owner,
such Work shall be promptly uncovered by Design/Builder and subjected to such tests, inspection or examination as may be deemed appropriate by Owner. In such case, the provisions of Sections 24.2(a) and 24.2(b) shall control with respect to the
costs and/or time delays associated with such uncovering. 

  

	24.4	Any Work not approved by Owner in accordance with the terms of this Agreement shall immediately be reconstructed, made good, replaced or corrected by Design/Builder,
including portions of the Work destroyed or damaged by such removal or replacement, at Design/Builder’s sole cost and expense. All rejected materials shall be removed from the Project site within a reasonable period of time. Acceptance of
materials and workmanship by Owner shall not relieve Design/Builder from its liability for or obligation to replace all Work which is not in full compliance with the underlying Contract Documents. 

  

	24.5	At Owner’s option, Owner may accept defective or nonconforming Work or materials, instead of requiring its removal, correction or replacement, as the case may be, and a
Change Order shall be issued to reflect a reduction in the Guaranteed Maximum Cost, in an amount equal to the aggregate cost of labor and materials which would have been incurred by Design/Builder if Owner had required Design/Builder to repair or
replace such defective nonconforming work in accordance with the terms of this Agreement. Such adjustment shall be effected whether or not final payment has been made. 

  

 42 

 ARTICLE XXV 
  
 Nondisclosure 
  

	25.1	Without limitation of the provisions of Article XXV hereof, it is agreed that neither Design/Builder nor any Trade Contractor shall divulge information concerning the Project
or concerning Owner or Owner’s operations to anyone without Owner’s prior written consent which shall not be unreasonably withheld, except as otherwise specifically permitted by the Contract Documents and except such public disclosures as
may be required by law. If such disclosure is required by law, Design/Builder or any Trade Contractor in question shall provide Owner with a copy of any such proposed public disclosure in advance and will endeavor to incorporate any comments Owner
may suggest in such regard. 

  

	25.2	No signs advertising the Work to be performed by Design/Builder or any Trade Contractor or identifying any person, firm or entity concerned with the Work to be performed by
Design/Builder or any Trade Contractor shall be allowed at the Project site or elsewhere unless approved in writing by Owner in advance, which approval shall be within Owner’s sole and exclusive discretion. 

  
 ARTICLE XXVI 
  
 Owner’s Right To Perform Work 
 And to Award Separate Contracts; 
 and
Cooperation with Separate Contractors 
  

	26.1	Design/Builder expressly understands that Owner reserve the right to directly engage contractors and other Design/Builders (collectively referred to in this Article XXVI as
contractors) to perform work on the Project. These contractors, may provide additional work beyond the Work covered by this Agreement including, but not limited to, tenant improvements or may perform work covered by this Agreement which is not, in
the opinion of Owner, being performed in keeping with the Project’s objectives of cost, quality and schedule. The Agreements with contractors hired directly by the Owner may include terms, covenants, conditions and warranties different from
those of any Trade Contract or the Contract Documents. Design/Builder shall, without additional compensation, coordinate the Work with the work of such contractors and with the work of Trade Contractors and the Project in general. Design/Builder
shall cooperate with such contractors in providing access to the Project site and to the work as the contractors may reasonably request. Design/Builder shall furnish to such contractors any services which Design/Builder furnishes to Trade
Contractors including, but not limited to, use of hoisting facilities and temporary utilities. Design/Builder shall be compensated for any costs, including without limitation, those arising by virtue of delays or coordination issues arising out of
Owner’s use of other contractors or Design/Builders. 

  

 43 

	26.2	Design/Builder agrees to cooperate with such contractors and to provide such assistance for the purpose of coordinating the work of such contractors and Design/Builder as
well as integrating the Progress Schedule with the schedule of such contractors as may be necessary or proper in the interest of the Project. Design/Builder shall afford Owner and such contractors opportunity to install or cause the installation of
equipment of furnishings in the Project, provided that such installation shall not materially interfere with Design/Builder’s performance of its obligations. 

  

	26.3	If Design/Builder causes damage to the property of Owner or such contractors or to other work or property on the Project Site, Design/Builder shall promptly remedy such
damage as provided in this Agreement. If the Owner or any such contractor causes damage to the Work and Design/Builder is required to remedy such damage, Owner will issue a Change Order in accordance with Article XXIII. 

  

	26.4	Design/Builder understands that performance of incomplete portions of the work of such separate contractors may have to be performed either before, simultaneously with or
after the Work and that the Work may have to be stopped, interrupted or suspended temporarily if, in Owner’s judgment, such stoppage, interruption or suspension is necessary for the timely and efficient completion of the Project. Accordingly,
Design/Builder covenants that, upon request by Owner, it shall stop or suspend any activity or Work during any period which, in Owner’s reasonable judgment, would unreasonably interfere with, or unreasonably delay, prosecution or completion of
the Project. If Owner shall so request that Design/Builder stop, interrupt or suspend any activity or Work, and if and to the extent that there are delays in the performance of the Work as a result thereof and Design/Builder demonstrates that the
Work is actually delayed thereby, then, in such event, the period of time during which the Work shall have ceased shall be recognized as a Contemplated Delay and disposed of in accordance with the provisions of Sections 7.2 and 14.3 hereof.

  
 ARTICLE XXVII 
  
 Equal Opportunity 
  

	27.1	Design/Builder will not discriminate against any employee or applicant for employment because of race, creed, color, national origin, marital status, sex, disability, sexual
preference or age. This provision shall not apply with respect to sex, disability or age where either is a bona fide occupational qualification; nor shall it apply with respect to age where a bona fide retirement plan prevents employment of persons
above a stated age or where there is a statutory requirement imposing age limitations. Design/Builder will take such actions as are necessary to ensure that employees and applicants for employment are treated without regard to their race, creed,
color, national origin, marital status, sex, sexual preference or age. As used herein, the term “treated” shall mean and include, without limitation, the following: recruited, whether by advertising or other means; compensated, whether in
the form of rates of pay or other forms of compensation; selected for training, including apprenticeship; promoted; upgraded; demoted; downgraded; transferred; laid off; and terminated. 

  

 44 

	27.2	Design/Builder will comply with the provisions of all rules, regulations, statutes, ordinances or other laws of all local, State or Federal regulatory or governmental bodies.
Design/Builder shall furnish all information and reports, if applicable, required by such regulatory and governmental bodies to determine Design/Builder’s compliance with the provisions of this Article and such laws, and will permit access to
its books, records and accounts by Owner and any such regulatory or governmental body during regular business hours for purposes of investigation to ascertain compliance with applicable laws. 

  
 ARTICLE XXVIII 
  
 Claims For Damages 
  

	28.1	In the event that the Design/Builder claims to be sustaining damages by reason of any act or omission of Owner or its agents, Design/Builder must within five (5) days
after such act or omission occurs, notify Owner in writing and within thirty (30) days thereafter or within such additional time in excess of thirty (30) days as may be granted by Owner upon written request of Design/Builder, submit to
Owner verified detailed statements of the damages sustained and documenting evidence supporting such claim for damages and must further comply with the provisions of Section 24.3 and Section 24.4 above. 

  

	28.2	No action or proceeding shall lie or be maintained by Design/Builder against Owner upon any claim arising out of or based upon the Contract Documents or by reason of any act
or omission or any requirements relating to the giving of notices or information, unless such action or proceeding shall be commenced within one (1) year after the Substantial Completion of the Work or, if this Agreement is earlier terminated,
within one (1) year following the date of such earlier termination. This Article XXVIII shall not be deemed or construed to modify any other provision hereof relating to waivers of claims by Design/Builder or to extend any period herein
specifically provided for the initiation of an action relating hereto. Design/Builder shall cause each Trade Contract to contain like provisions to this Article XXVIII and a provision requiring like provisions to be contained in subcontracts of any
tier. 

  
 ARTICLE XXIX 
  
 Additional Provisions 
  

	29.1	Effectiveness of Agreement 

  
 This Agreement, when executed by the parties, shall be effective as of the date first stated above in this Agreement. All understandings and agreements
heretofore had among Design/Builder and Owner with respect to the Project are merged into, or superseded by, this Agreement. This Agreement fully and completely expresses the agreement of the parties with respect to the Work and the Project and
shall not be modified or amended except by written agreement executed by each of the parties hereto. Design/Builder understands and 

  

 45 

 
agrees that no representations of any kind whatsoever have been made to it other than as appear in this Agreement, that it has not relied on any such
representations and that no claim that it has so relied on may be made at any time and for any purpose. 
  

	29.2	Enforcement of Trade Contract 

  
 Design/Builder covenants and agrees that it shall diligently enforce all of the terms, conditions and provisions of each of the Trade Contracts.

  

	29.3	Design Professionals 

  
 Design/Builder agrees to include in each Agreement it has with an Engineer, Architect or other licensed professional (collectively “Design
Professional”) a provision requiring that Owner be an expressed third party beneficiary of such agreement and also such provision shall provide that Owner has an independent right of action against such design professional directly for any
claim, causes of action, demand that Owner has against such Design Professional. 
  

	29.4	Survival of Obligations 

  
 Except as specifically provided for herein, all obligations of Design/Builder survive the completion or termination of the Work. 
  

	29.5	Performance of Work During the Pendency of Disputes 

  
 Unless the parties hereto expressly agree otherwise in writing, in the event that a dispute shall arise under this Agreement in connection with payments
to be made on any Application for Payment, or otherwise, Design/Builder shall continue during the pendency of such dispute to perform its duties and responsibilities under this Agreement and the Work in accordance with Owner’s directives and
shall, in connection therewith, maintain the Progress Schedule, including without limitation, Milestone Dates, the Substantial Completion Date and the Final Completion Date and shall perform all other obligations required to be performed by it under
this Agreement as if no dispute shall have arisen. During the pendency of any such dispute, and except as otherwise provided in this Agreement, Design/Builder shall be entitled to receive payments from Owner only on account of non-disputed items and
payments on account of disputed items shall be deferred until the final resolution of the dispute. 
  

 46 

	29.6	Notices 

  
 Every notice, demand, request, consent, approval or other communication which either party hereto is required or desires to give or make to the other
party hereto shall, notwithstanding any other provisions of this Agreement, be effective only if given in writing and delivered by hand and receipted for, or by registered or certified mail, postage-prepaid, return receipt requested, or by overnight
mail as follows: 
  

	 	a.	If to Design/Builder, addressed to: 

  
 AES Clean Technology, Inc. 
 422 Stump Road

 Montgomeryville, PA 18936-9630 
 Attn: 
  
 with a copy to: 
  

	 	b.	If to Owner, addressed to: 

  
 Dendreon Corporation 
 3005 First Avenue

 Seattle, WA 98121 
 Attn: Nancy
Norton, Esq. 
  

	 	c.	with a copy to: 

  
 Ross & Cohen, LLP 
 711 Third Avenue

 New York, New York 10017 
 Attn: Allen Ross, Esq. 
  
 or to such other address or addresses as Owner
and Design/Builder shall from time to time designate by notice given and delivered as aforesaid. 
  

	29.7	Construction of Language 

  
 The language in this Agreement shall be construed according to its customary meaning within the building industry in the New York City metropolitan area,
except where a specific definition is provided herein. Whenever used, the singular number shall include the plural, and the plural the singular, and the use of any gender shall be applicable to all genders. 
  

	29.8	Captions and Titles 

  
 Captions and titles of the different Articles and Sections of this Agreement are solely for the purpose of aiding and assisting in the location of
different material in this Agreement and are not to be considered under any circumstances as parts, provisions or interpretations of this Agreement. 
  

 47 

	29.9	No Waiver 

  
 The failure of Owner to insist upon the strict performance of any provisions of this Agreement, the failure of Owner to exercise any right, option or
remedy hereby reserved, or the existence of any course of performance hereunder shall not be construed as a waiver of any provision hereof or of any such right, option or remedy of Owner or as a waiver for the future of any such provision, right,
option or remedy or as a waiver of a subsequent breach thereof. The consent or approval by Owner of any act by Design/Builder requiring Owner’s consent or approval shall not be construed to waive or render unnecessary the requirement for
Owner’s consent or approval of any subsequent similar act by Design/Builder. The payment by Owner of any amount due hereunder with knowledge of a breach of any provision of this Agreement shall not be deemed a waiver of such breach. No
provision of this Agreement shall be deemed to have been waived unless such waiver shall be in writing signed by Owner. 
  

	29.10 	Indemnification 

  

	 	a.	To the fullest extent permitted by law, Design/Builder shall indemnify and hold harmless Owner, and its respective direct and indirect partners and principals, shareholders,
directors, agents, employees, successors, and assigns (collectively, “Indemnitees”, individually, “Indemnitee”) from and against all losses, claims, costs, damages, and expenses (including, without limitation, attorneys’
fees and disbursements), arising out of or in connection with (i) any personal injury, sickness, disease or death or damage or injury to, loss of or destruction of property (including tools, equipment, plant and the buildings at the Project
Site but excluding the work itself and excluding costs to the extent such costs are covered by Owner’s Builder’s Risk insurance) including the loss of use resulting therefrom, sustained or purported to have been sustained as a result of
the negligent performance of the Work, to the extent such loss, claim, cost, damage or expense is caused in whole or in part by any act or omission of Design/Builder, the Trade Contractors, or anyone for whose acts Design/Builder or its Trade
Contractors may be liable. Such obligation shall arise regardless of any claimed liability on the part of an Indemnified party. Such obligation shall not be construed to negate, abridge or otherwise reduce any other right or obligation which would
otherwise exist as to any Indemnified party. 

  

	 	b.	In any and all claims against any Indemnitee by any employee of Design/Builder, or of its Trade Contractors or anyone directly or indirectly employed by either Design/Builder or its
Trade Contractors or anyone for whose acts either Design/Builder or its Trade Contractors may be liable, the indemnification obligation under this Section 29.10 shall not be limited in any way by any limitation on the amount or type of damages,
compensation or benefits payable by or for Design/Builder under workers’ or workmen’s compensation acts, disability acts or other employee benefit acts. 

  

 48 

	29.11 	Severability 

  
 If any provision of the underlying Contract Documents is invalid or unenforceable as against any person, party or under certain circumstances, the
remainder of the underlying Contract Documents and the applicability of such provision to other persons, parties or circumstances shall not be affected thereby. Each provision of the underlying Contract Documents shall, except as otherwise herein
provided, be valid and enforced to the fullest extent permitted by law. 
  

	29.12 	Rights and Remedies 

  
 The duties and obligations imposed by the Contract Documents and the rights and remedies available thereunder shall be in addition to, and not a
limitation upon, any of the duties, obligations, rights and remedies otherwise imposed or available at law or in equity. 
  

	29.13 	Dispute Resolution, Governing Law and Consent to Jurisdiction 

  

	 	a.	This Agreement shall be governed by the laws of the State of New Jersey, both as to interpretation and performance. Design/Builder hereby (i) irrevocably consents to the
exclusive jurisdiction of the Supreme Court of the State of New Jersey, County of Middlesex, for all purposes in connection with any action or proceeding which arises from or relates to this Agreement; (ii) waives any right it may have
to personal service of summons, complaint, or other process in connection therewith, and agrees that service may be made by registered or certified mail addressed to Design/Builder at its last known principal place of business; and (iii) waives
its right to a trial by jury; and 

  

	29.14 	Binding Effect 

  
 It is expressly understood by the parties hereto that delivery by Owner of the within Agreement for review and execution by Design/Builder shall confer no
rights nor impose any obligations on either party, unless and until both Design/Builder and Owner shall have executed this Agreement and duplicate originals thereof shall have been delivered to the respective parties hereto. 
  

	29.15 	Interpretations in Writing 

  

	 	a.	Any and all interpretations of Contract Documents or of any of the Work to be performed or payments to be made relative to the Project must be in writing to be valid.

  

	 	b.	 This provision is not intended to prohibit or deny normal discussion, recommendations, explanations, suggestions, approvals, rejections, and similar activity in
pursuit of the Work at the Project on an oral basis, such as at job conferences at the Project Site. In such instances, the written minutes, 

  

 49 

	 	 
correspondence, shop drawing records, and other written data shall govern over personal claims regarding oral statements made contrary to the written data.

  

	29.16 	Prohibited Interests 

  
 No principal, officer, shareholder, family member, employee, agent or consultant of Design/Builder who, on behalf of Design/Builder, negotiates, makes,
accepts, or approves, or takes part in negotiating, making, accepting, or approving any Trade Contractor or any Trade Contract or other agreement entered into by Design/Builder in connection with the Work, shall become directly or indirectly
interested personally in the Trade Contractor or any Trade Contract or such other agreement. 
  

	29.17 	Integrity and Ethical Conduct 

  
 Design/Builder acknowledges and understands that Owner is committed to have the Work performed in accordance with the highest ethical standards applicable
to, or governing, the conduct of construction practices. In furtherance thereof, Design/Builder hereby agrees to comply with and observe all applicable Federal, State and local laws, rules, regulations, requirements, trade standards and ethical
guidelines governing said conduct. 
  

	29.18 	Independent Contractor 

  
 It is expressly understood and agreed by the parties hereto that Design/Builder, in performing its obligations under this Agreement, shall be deemed an
independent contractor. Nothing contained in this Agreement shall be construed to mean that Design/Builder and Owner are joint venturers or partners. 
  

	29.19 	Limited Recourse 

  
 The obligations of Owner do not constitute personal obligations of the trustees, officers, shareholders, employees or agents of Owner. All persons dealing
with Owner shall look solely to the assets of Owner for satisfaction of any liability of Owner will not seek recourse against such trustees, officers, shareholders, employees or agents or any of them or any of their personal assets for such
satisfaction. 
  

 50 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first
above written. 
  

			
	 DENDREON CORPORATION

		
	 By:
	 	 /s/ Mitchell Gold

	 Name:
	 	 Mitchell Gold

	 Title:
	 	 President and CEO

	
	 AES CLEAN TECHNOLOGY, INC.

		
	 By:
	 	 /s/ L. Clifford Satterfield

	 Name:
	 	 L. Clifford Satterfield

	 Title:
	 	 President

  

 51 

  
 EXHIBIT A 

 
 Design/Builder’s Proposal of July 20, 2005 
  
 [Intentionally Omitted] 
  

 52 

  
 EXHIBIT B 

 
 Guaranteed Maximum Price 
  
 $7,173,275.00 
  

 53 

  
 EXHIBIT C 

 
 General Conditions Costs 
  
 [Intentionally Omitted] 
  

 54 

  
 EXHIBIT D 

 
 Progress Schedule 
  
 [Intentionally Omitted] 
  

 55 

  
 EXHIBIT E 

 
 [Intentionally Omitted] 
  

 56 

  
 EXHIBIT F 

 
 Insurance Requirements 
  
 The following insurance coverages shall form part of this Agreement and shall
be maintained by the party noted: 
  

	A.	Design/Builder shall purchase and maintain a commercial general liability insurance policy which shall name as additional insureds Owner and its respective partners, directors,
officers, employees, agents and representatives. The policy shall be written on an occurrence basis (as distinguished from a “claims made” basis and without so called “sunset” clauses or similar claims reporting restrictions) for
a combined single limit for bodily injury and property damage of not less than $1,000,000 per occurrence and $2,000,000 in the annual aggregate and shall have no deductible and shall include coverage for contractual liability (including
“X”, “C” and “U” hazards and completed operations), independent contractors’ liability (including completed operations), broad form property damage, products liability, personal injury (employee exclusion deleted),
“X”, “C” and “U” exclusions deleted, incidental medical malpractice and host liquor, broad form comprehensive general liability endorsement (GL404) with exclusions I(B)(4)(5), II (B)(1), and X(B)(1) deleted. The
completed operations coverage shall insure Owner, and such others as Owner may require as additional insureds and shall be kept in force for a period of three (3) years after the date of Final Completion. All such policies shall be endorsed to
be primary with respect to this Project. The Owner’s insurance, if any, shall be deemed excess with respect to the owner only. 

  

	B.	Design/Builder shall purchase and maintain Workers’ Compensation Insurance and Disability Benefits Insurance with limits of $1,000,000 or the prescribed statutory amount,
whichever is greater. This coverage should cover claims under workers’ compensation acts and other employee benefits acts, claims for damages because of bodily injury, including death, and occupational disease. The Design/Builder’s
coverage shall include Employer’s Liability Insurance with a minimum limit of not less than $1,000,000. 

  

	C.	Design/Builder shall purchase and maintain Automobile Liability Insurance with a combined single limit for bodily injury and property damage of not less than $1,000,000. The
coverage should include all owned, non-owned and hired vehicles and should cover claims for damages because of bodily injury or death of any person or property damage arising out of ownership, maintenance or use of any motor vehicle.

  

	D.	The Design/Builder shall purchase and maintain Umbrella Liability Insurance in excess of the general liability and automobile insurance coverages with a limit not less than
$10,000,000 per occurrence and in the annual aggregate. 

  

 57 

	E.	The policies referenced in Paragraphs A, C and D above, shall name Owner, together with any respective subsidiary, associated or allied company or firm as the first named insured.
The foregoing policies shall also name as additional insureds such others as may be requested or required. Satisfactory certificates of such insurance shall be filed with Owner. Design/Builder shall not, by its actions or inactions, cause any
insurance policies to be cancelled or permit them to lapse prior to the date of Final Completion, and all insurance policies shall include a clause to the effect that the policy shall not be cancelled or materially changed until 60 days after Owner
has received written notice of such intended change or cancellation, as evidenced by a return receipt of a registered or certified letter. All insurance carriers must be licensed by the State of New York with a minimum Best’s rating of
“A-VIII” or better or with carriers that are acceptable at the discretion of Owner. 

  

	F.	Design/Builder and all Design Professionals retained by the Design/Builder shall maintain a Professional Liability Policy and provide a Certificate of Insurance evidencing such
coverage, having limits of at least one million ($1,000,000.00) dollars available for each claim and in the aggregate. Such insurance shall remain in effect for six (6) years after Project completion. 

  

	G.	Unless otherwise provided, the Owner shall purchase and maintain property insurance upon the entire Work at the Project Site to the full insurable value thereof. This insurance
shall include the interest of Owner, Design/Builder, Trade Contractor and sub-trade contractors in the Work and shall insure against fire and other perils and shall include “all risks” insurance for physical loss or damage including,
without duplication of coverage, theft, vandalism, and malicious mischief, it being expressly understood, however, that this insurance shall exclude tools, equipment, supplies and other similar personal effects owned or rented by Design/Builder or
any Trade Contractor. 

  

	H.	Owner shall file, upon request of Design/Builder, a certificate of evidencing the property insurance carried under Paragraph F. 

  

	I.	Owner and Design/Builder waive all subrogation rights against each other for damages caused by fire or other perils to the extent covered by insurance obtained pursuant to this
Exhibit “E” or any other property insurance applicable to the Work (including property insurance, if any, carried by Design/Builder to insure tools, equipment, supplies and other personal effects owned or rented by
Design/Builder or any Trade Contractors) except such rights as they may have to the proceeds of such insurance held by Owner as trustee. Design/Builder shall require similar waivers in favor of Owner and Design/Builder by Trade Contractors and
sub-trade contractors. 

  

	J.	Owner and Design/Builder agree that said insurance complies with the contractual requirements contained herein. At the request of Owner, Design/Builder shall provide all
documentation supporting the calculation of the premiums charged to Owner including premium invoices, premium allocation methods and calculations, disclosure of type of policy (guaranteed cost, retro, dividend policy), and any other potential return
premium component of the policies. 

  

 58 

  
 EXHIBIT G 

 
 [Intentionally Omitted] 
  

 59 

  
 EXHIBIT H 

 
 Form of Trade Contract Award Letter 
  
                     , 1995 
  

			
	 
	 
	 
		
	 Attn:
	 	 

  

	 	Re:	   

  
 Gentlemen: 
  
 We have received
bids for the
                                        
                                     work (“Work”) to be
performed in accordance with plans and specifications issued by                      and our request for proposal as follows: 
  

					
	 TRADE CONTRACTOR

	  	 FINAL PRICE

	  	 COMMENT

  
 Our budget for this Work is:
            $ 
  
 We
recommend that the Trade Contract for the Work be awarded to:
                                 (“Trade Contractor”) in the amount of
$                     (“Trade Contract Price”). 
  
 Set forth below are the material differences between the Trade Contract we intend to execute and the Trade Contract
(“Trade Contract Form. [list differences] 
  
 Please sign the
enclosed duplicate of this letter or send us another letter in order to authorize finalizing a Trade Contract (“Trade Contract”) with the recommended Trade Contractor for the above stated Trade Contract Price and return said duplicate to
us for our records. After our execution of the Trade Contract, we will submit copies to you for your records. 
  

 60 

 If you have any questions, please contact the undersigned immediately. 
  

			
	 Very truly yours,

		
	 By:
	 	 
	 Name:
	 	 
	 Title:
	 	 

  

			
	Award Approved:
	 
		
	By	 	 
	 	 	 Name:

	 	 	 Title:

  

 61 

  
 EXHIBIT I 

 
 [Intentionally Omitted] 
  

 62 

  
 EXHIBIT J 

 
 Performance and Payment Bonds 
  
 FORM OF PERFORMANCE BOND 
  
 KNOW ALL MEN BY THESE PRESENTS, that
                                        
    . (hereinafter called the “Principal”) and  
  
 a corporation organized and existing under the laws of the State of              (hereinafter called the “Surety”), as Surety, are held and firmly bound
unto
                                        
                     and
                                        
                                 (hereinafter called the “Obligee”)
in the sum of                                     
($                    ), for the payment of which sum well and truly to be made, the said Principal and Surety bind themselves, and their
respective heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents. 
  
 WHEREAS, the Principal has entered into a written contract with
                                        
                     dated
                     to perform, as Design/Builder work consisting of design and construction of a cogeneration system
located in                                     
            . 
  
 NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the above bounden Principal shall well and truly perform all the undertakings, covenants, terms, conditions, and agreements of said contract within the
time provided therein and any extensions thereof that may be granted by the Obligee, and during the life of any guaranty required under said contract, and shall also well and truly perform all the undertakings, covenants, terms, conditions, and
agreements of any and all duly authorized modifications of said contract that may hereafter be made, and shall indemnify and save harmless said Obligee of and from any and all loss, damage, and expense including costs and attorney’s fees, which
the said Obligee may sustain by reason of failure so to do, then this obligation shall be null and void; otherwise it shall remain in full force and effect. 
  
 The said Surety agrees that no change, extension of time, alteration, addition, omission, or other modification of the terms of either the said contract
or in the said work to be performed, or in the specifications, or in the plans, shall in anywise affect its obligation on this Bond, and it does hereby waive notice of such changes, extensions of time, alterations, additions, omissions, and other
modifications. 
  
 The Surety, for value received, agrees,
whenever the Principal shall be declared by the Obligee to be in default, Surety may remedy the default or may perform fully and complete the 

  

 63 

 
obligations of the Principal mentioned and described in said Contract and any and all modifications thereof pursuant to and in accordance with the
undertakings, covenants, terms, conditions and agreements thereof, and further agrees to commence the performance and completion of Principal’s obligations within ten (10) days after declaration of default and notice thereof to Surety and
to perform and complete the same within the time required under said Contract and any and all modifications thereof. 
  
 Anything contained herein to the contrary notwithstanding, the Surety hereby agrees that a payment or payments made by the Obligee to the Principal which
may be at variance with the terms of said contract or any other act of the Obligee which is at variance with, or in violation of, the terms of said contract, shall not serve to release the Surety from its obligations hereunder, in whole or in part,
it being the intent of this bond that the Surety’s obligations to complete shall be absolute and that any disputes relating to the performance of said contract shall be disposed of at a later date and without interference in, or with the
performance of, said contract. 
  
 It is understood and agreed
that the aggregate liability of the Surety under this Bond to Montifiore Medical Center and
                                        
                , as their interests may appear, is limited to the penal sum of this Bond as same may be amended by virtue of the issuance of closing orders to the
contract. 
  
 IN WITNESS WHEREOF, the above bounded parties have
executed this instrument under their several seals this              day of
                                     the name and corporate
seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body. 
  

Witness or Secretary’s 
 Attest: 
  

			
		
	By:	 	 (X)

	 	 	 (Signature)

		
	 Name:
	 	 
		
	 Title:
	 	 

  

 64 

  
 SURETY 
  
 (Seal) 
  
 (Name) 
  

									
	Witness or Secretary’s	 	 	 	 
	 Attest:
	 	 	 	 (BusinessAddress)

					
	 	 	 	 	 	 	By:	 	 (X)

	 	 	 	 	 	 	 	 	 (Signature)

					
	 	 	 	 	 	 	 Name:
	 	 
					
	 	 	 	 	 	 	 Title:
	 	 

  
 ACKNOWLEDGMENT OF
SURETY 
  

					
	STATE OF                                 	  	 	  	 
	 	  	 ss.:
	  	 
	COUNTY OF                     	  	 	  	 

  
 On this
                     day of
                    , in the year 2005, before me personally came
                                        ,
to me known, who being by me duly sworn, did depose and say that he resides in
                                        
                                        
                    ; that he is the
                     of
                                        
                                        
            , the corporation described in and which executed the above instrument; that he knows the seal of said corporation; that the seal affixed to said instrument is such seal;
that it was so affixed by order of the Board of Directors of said corporation and that he signed his name thereto by like order. 
  

					
	 (SEAL)
	 	 	 	 

  

 65 

  
 ACKNOWLEDGMENT OF PRINCIPAL
IF A CORPORATION 
  

					
	STATE OF                                 	 	 	  	 
	 	 	 ss.:
	  	 
	COUNTY OF                     	 	 	  	 

  
 On this
             day of
                                , in the year 2005, before me personally came
                                , to me known, who being by me duly sworn, did
depose and say that he resides in
                                        
                     ; that he is the
                                       
  of
                                        
    , the corporation described in and which executed the above instrument; that he knows the seal of said corporation; that the seal affixed to said instrument is such seal; that it was so affixed by order of the Board of
Directors of said corporation and that he signed his name thereto by like order. 
  

					
	 (SEAL)
	 	 	 	 

  

 66 

  
 FORM OF PAYMENT BOND

  
 KNOW ALL MEN BY THESE PRESENTS, that
                                        
            . (hereinafter called the “Principal”) and
                                       
                                  a corporation organized and existing under the
laws of the State of              (hereinafter called the “Surety”), as Surety, are held and firmly bound unto
                                        
             and
                                        
             (hereinafter called the “Obligee”) in the sum of
                                        
             ($                    ), for the payment of which sum well and
truly to be made, the said Principal and Surety bind themselves, and their respective heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents. 
  
 WHEREAS, the Principal has entered into a written contract with
                                        
     dated                     , 2005 to perform, as Design/Builder work consisting of design and construction of a
cogeneration system on a site located in
                                        
            . 
  
 NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the above bounden Principal shall promptly pay all persons having just claims for (a) labor, materials, services, insurance, supplies, machinery,
equipment, rentals, fuels, oils, implements, tools and/or appliances and any other items of whatever nature, furnished for, used or consumed in the prosecution of the work called for by said contract and any and all modifications thereof, whether
lienable or nonlienable and whether or not permanently incorporated in said work, (b) pension, welfare, vacation and/or other supplemental employee benefit contributions payable under collective bargaining agreements with respect to persons
employed upon said work and (c) federal, state and local taxes and/or contributions required by law to be withheld and/or paid with respect to the employment of persons upon said work, then this obligation shall be null and void; otherwise it
shall remain in full force and effect. 
  
 The said Surety agrees
that no change, extension of time, alteration, addition, omission or other modification of the terms of either the said contract or in the said work to be performed, or in the specifications, or in the plans, shall in anywise affect its obligation
on this Bond, and it does hereby waive notice of any such changes, extensions of time, alterations, additions, omissions, and other modifications. 
  
 The said Principal and the said Surety agree that this Bond shall inure to the benefit of all persons supplying labor and material in the prosecution of
the work provided for in said contract, as well as to the obligee, and that such persons may maintain independent actions upon this Bond in their own names. 
  

 67 

 IN WITNESS WHEREOF, the above bounded parties have executed this instrument underheir several seals this
     day of                      2005 the name and corporate seal of each corporate party being hereto
affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body. 
  
 Witness or Secretary’s 
 Attest: 
  

			
		
	By:	 	 (X)

	 	 	 (Signature)

		
	 Name:
	 	 
		
	 Title:
	 	 

  

	
	 SURETY

	
	 (Seal)

	 (Name)

  
 Witness or Secretary’s

 Attest: 
  

			
		
	 	 	 
	 (Business Address)

  

			
		
	By:	 	 (X)

	 	 	 (Signature)

		
	 Name:
	 	 
		
	 Title:
	 	 

  

 68 

  
 ACKNOWLEDGMENT OF SURETY

  

			
	STATE OF                                 	 	 
	 	 	 ss.:

	COUNTY OF                     	 	 

  
 On this
             day of
                                , in the year 2005, before me personally came
                                , to me known, who being by me duly sworn, did
depose and say that he resides in
                                        
                     ;that he is the
                                 of
                                        ,
the corporation described in and which executed the above instrument; that he knows the seal of said corporation; that the seal affixed to said instrument is such seal; that it was so affixed by order of the Board of Directors of said corporation
and that he signed his name thereto by like order. 
  

					
	 (SEAL)
	 	 	 	 

  
 ACKNOWLEDGMENT OF
PRINCIPAL IF A CORPORATION 
  

			
	STATE OF                                 	 	 
	 	 	 ss.:

	COUNTY OF                     	 	 

  
 On this
             day of
                                , in the year 2005, before me personally came
                                , to me known, who being by me duly sworn, did
depose and say that he resides in
                                        
                     ; that he is the
                                 of
                                        ,
the corporation described in and which executed the above instrument; that he knows the seal of said corporation; that the seal affixed to said instrument is such seal; that it was so affixed by order of the Board of Directors of said corporation
and that he signed his name thereto by like order. 
  

					
	 (SEAL)
	 	 	 	 

  

 69

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