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2011-103 U550 O Elevators Escalators February 22, 2011 CITY OF CLERMONT PO Box 120219 CLERMONT, FL 34711 -0219 USA Subject: Maintenance Contract Escalation KONE Contract- 40059067 • Customer Number 211986 CLERMONT CITY HALL 685 W MONTROSE ST CLERMONT, FL 34711 USA Dear Customer KONE is proud to be your chosen provider for your elevator /escalator service in your facility Continuing our relationship and providing you with our quality KONE Care maintenance service is our highest pnonty Our contract agreement with you provides for price adjustments for labor and/or material indexes on an annual basis We will be adjusting your price by + 5.63% on March. 1, 2011 As a reminder, the cost of labor to KONE and to all companies signatory to the IUEC (international Union of Elevator Constructors) current labor agreement is fixed. The percentage of annual increase will vary dependmg on the rate that exists in your local union chapter Thank you for your continued business Should you have any questions, please do not hesitate to contact your KONE Account Representative at 407 - 812 -8033 Smcerely, KONE Elevators and Escalators 1