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increase. In the event the Town and Company cannot agree to such increase, either party shall be entitled to terminate the Agreement with ninety (90) days prior notice. d. Payment. Town agrees to pay Company for services in accordance with Rates set forth herein. Company shall prepare and submit an invoice for the Town by the fifteenth (15th) day of each month. The Town shall make payment to Company for all undisputed invoiced amounts, within thirty (30) days of receiving said invoice. Town shall pay a service charge on all past due amounts at a rate of 1.5% per month. Payments made by credit card shall be limited to $50,000 and shall be subject to a convenience fee. However, Town may pay amounts due, which exceed $50,000, by credit card by dividing the total amount due into increments of $50,000 or less and making multiple credit card payments, each of which will be subject to said convenience fee. e. Additional Carts. Collection Rates, as set forth in Appendix A, are based on collecting a maximum of 3,259 Carts for Solid Waste and 3,259 Carts for Recyclables. In the event the Town requests the Company to collect a quantity of Carts in excess of 3,259 for Solid Waste or 3,259 for Recyclables, the Town shall pay the Company the “Additional Cart” Rates set forth in Appendix A for each Cart exceeding the aforementioned limits. “Additional Cart” Rates shall apply if additional carts are the result of (i) the Town increasing the number of Residential Service Locations included under this Agreement or (ii) the result of the Town allowing Residential Service Locations to set out more than one (1) Solid Waste and/or one (1) Recyclables Cart per location. For accurate billing, within thirty (30) days of the Commencement Date, and on the first business day of each January, April, July and October, the Town shall provide the Company with an updated count of: 1. Total participating households; and 2. All additional Carts added or removed (if applicable) f. Overflow Stickers. Company shall furnish the Town with Overflow Stickers which the Town shall make available for residents. Town agrees to pay the Company for each sticker furnished to the Town according to the Rates set forth in Appendix A. 17. DEFAULT AND TERMINATION Except as otherwise provided in Section 22 (Force Majeure), the failure of either Party to perform a material obligation under this Agreement shall be considered a breach of this Agreement, and the breaching Party shall be in default. In the event of default, the non-defaulting Party shall give written notice to the Page 9 of 16