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4?~,,,~~ tl ~b' (~ ~ ~~ !M'tiEEIER CONSTRUC7lOhl, INC. 6~ -7 Gensler Cont=orting ~t1 Page 2 of h damage agreed upon, fixed and determined by the parties hereto as liquidated dagrages that the Contractor will suffer by such defau?.t and not by way or penalty, and shall be deducted as such from the balance due the Sub-Contractor, or in the event such damages exc=eed the sum due or to become due the Sub-Contractor then and in that event the Sub-Contractor shall be liable to the Contractor for such difference. ~1: Contractor agrees to pay the Sub-Contractor far the per- formance of his work the sum of tti0 'PFIOtJSFii7D, 'P;3i2EE HU:~D;<EB, _~;~{Ty Two A,"~_~+0/1 r?~'} Dollars i S~ _.~~y,~ ~ubje^t to additions and deductions i;>r written changes as may be agreed upon. The Contractor agrees to pay Sub-Contractor such sums based on Sub-Contractor's estimates for partial payments as are approved by the Architect, less retainages in the amounts specified ir. the specifications, or if none be so specified, then in the amount of .1Q;~. Provided, however, Contractor shall be under no obligation to pay Sub-Contractor for any work done_here- under until Contractor has been paid therefor by Owner, and the acceptance of any such work and payment therefor shall not relieve Sub-Contractar from liability for defects in such work which may thereafter be discovered. 5. Contractor and Sub-Contractar agree tc be bound by the terms of the contract etween the Owner and the Contractor, the general conditions spc,cir>.1 conditions, thy: plans, drawings and spacificatian:> as far as .applicable to this sub-contract. The Sub- Cantractor also a~;rees_ (a7 To be bou;;d to the Cantr~ictor by `he terms o{ the ca;.- tract L~otw~~.: Ow=ae~r anc3 ;.untra~.tor, and :he general. condi- tions, special conditions, plans, drawings and spec ificat,ons, constituting part: t?:ereof, and to assume toward Contractor all the obligations and responsibilities that Cantractor by those document:> assumes toward the Owner insofar as they are applicable to the ~~:ark to be performed under this Sul,-Contract. ib~ 'Fa submit to the Contractor on or before the 25th of the month estimates far partial payrner.t for 1<abor and materials delivered to the jab site during the preceding month, and if required by Contractar shall submit receipts or other vouchers showincY payment far labor and material to the date of estimate for partial payment. ir, the event Sub-Contractor does not furnish such receipts arxd vouchers, Contractor is authorized to pay said bills directl}= and deduct such sums from the estimate far partial payment. {c) To maintain workmen's Compensation, contractual liability, public inability and such other insurance in such. amounts as ;n<;y be requnred df the Contractor in general conditions and speciat conditions of the Contract between Owner and Contractor, and notw~„thstandinc~ such insur<-sncP, to indewnify and save harmless the c:ontraetor Tram an,.r zind all claims which may arise frorn Sub-Con:sactor's obligations under this contract; and to provide Contractar with certificates of such insurance, such certificates .J L ,........... .~ ~,. .rpm...." .~~,.~.. ~ y ~x _g^_^.g th l.. agreement, which shall provide at least ten~(10) drays notice to Contractor before cancellation.`1`he Sub-Cantractor shall not commence work or Deliver any ec;uipment ar materials to site until s>uch certificates are furnished Contractor.