25J - AGMT - DEFERRED COMP - Laserfiche WebLink

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CONSULTANT AGREEMENT This agreement for the performance of services ( "Agreement ") is made and entered into on this 3rd day of September, 2014 ( "Effective Date "), by and between Fiduciary Experts, LLC, a California independent consulting firm which provides specialized advice related to 457 Deferred Compensation Plans, with its principal place of business located at 29250 Wrangler Drive, Murrieta, California 92563 (herein after referred to as "Consultant "), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California (hereinafter "City "), with its principal place of business located at 20 Civic Center Plaza, Santa Ana, CA 92701. City and Consultant may be referred to herein individually as a "Party" or collectively as the "Parties" or the "Parties to this Agreement," RECITALS A. City desires to retain a Consultant having special skill and knowledge in providing specialized advice as a fiduciary with expertise pertaining to the City's 457 Deferred Compensation Plan, including providing Plan participant education and strategic communications, investment advisory services, fiduciary compliance, and assistance with benchmarking and cost negotiations with Plan Provider and Recorrikeeper. Consultant will assist the City in the transition tiom the current structure with the City's 457 Plan Provider and Recordkeeper to a new modern fund portfolio structure. B. Consultant represents that Consultant is able and willing to provide such services to the City; C. In undertaking the performance of this Agreement, Consultant represents that it is knowledgeable in its field and that any services performed by Consultant under this Agreement will be performed in compliance with such standards as may reasonably be expected from a professional consulting firm in the field. D. The Parties have specified in this Agreement the terms acid conditions under which such services will be provided and paid for, NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions hereinafter set forth, the parties agree as follows: 1. SCOPE OF SERVICES Consultant shall perform those services identified in Fiduciary Expert's LLC Statement of Work as set forth in Exhibit A to this Agreement. 2. COMPENSATION a) City agrees to pay, and consultant agrees to accept as total payment for its service described in Exhibit A, the amount of $5,000.00. 25J -39