TRANSFIRST, LLC. - 2017 - Laserfiche WebLink

Home Browse Search

INSURANCE ON FILa WORT( MAY PROCEED UNTIL INSUNfE EXPIRE F C , CLERK OFC, U IL oA;E: JAN 0 8 2019 THIRD AMENDMENT TO AGREEMENT pt�) THIS THIRD AMENDMFNT TO AGREEMENT, is entered into on this 6a, day, of June 2017, by and between TransFirst, I.LC, (hereinafter "Consultant"), and the City ni\ \�00-of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California (hereinafter "City"). RECITALS: A. The parties entered into a payment processing service agreement (Agreement #A- 2014-071) dated April 18, 2014 (hereinafter "said Agreement") by which Consultant has provided payment processing services to the City. B. The subsequently entered into a First Amendment to said Agreement (A-2015- 1.17) on ,lune 17, 2015 to increase the Compensation and Term of said Agreement. C. The parties subsequently entered into a Second Amendment to said Agreement (A- 2016-148) on June 21, 2016 to increase the Compensation of said Agreement, D. In accordance with the terms and conditions of said Agreement, the parties wish to amend the Term of said Agreement to provide for a one (1) year extension beginning July 1, 2017 and ending June 30, 2018, E. The parties also wish to amend and add Compensation for the extended Term. WITEREFORE, in consideration of the covenants contained in said Agreement, and subject to all the terms and conditions of said Agreement, except those amended in the aforementioned First and Second Amendments to said Agreement, the parties agree as follows: 1. The parries hereto now desire to amend Section 3, of said Agreement (TERM). This Third Amendment to Agreement shall commence on July 1, 2017 and terminate on ,lune 30, 2018, or unless terminated earlier in accordance with Section 12 of said Agreement. 2. The parties hereto now desire to amend Section 2. of said Agreement (COMPENSATION) to extend the increase in annual compensation agreed to by the parties pursuant to the Second Amendment to Agreement to include the one (1) year extended term of this Third Amendment to Agreement. The total sum to be expended under theamended term of said Agreement shall not exceed $165,000. 3. This Third Amendment to said Agreement must be signed below and may be signed in counterpart and delivered by fax, emailed as a PDF (Parable Document Format) file attachment, or by other means that displays the original or a copy of the signatures. Any subsequent amendments may be signed and delivered in the same manner. A-2017.135