July 2026
It’s Electric 2 nd Amendment
AMENDMENT TO AGREEMENT
This Amendment of the Agreement, entered into this _____ day of __________, 2026, by and between the CITY OF ALAMEDA, a municipal corporation (hereinafter "the City") and Justworks Employment Group, LLC Labor Contractors, for co- employees of It’s Electric Inc. a Delaware corporation, whose address is 19 Morris Avenue, Brooklyn, NY 11204, (hereinafter "Provider"), is made with reference to the following:
RECITALS:
A. On June 2, 2024, an agreement was entered into by and between the City and Provider (hereinafter "Agreement") in an amount not to exceed $0, for public electric vehicle (EV) charging.
B. On September 12, 2024, the parties entered into a First Amendment of the Agreement (“First Amendment”) to modify the services performed.
C. The City and Provider desire to modify the Agreement on the terms and conditions set forth herein.
NOW, THEREFORE, it is mutually agreed by and between the undersigned parties as follows:
1. Paragraph 2, SERVICES TO BE PERFORMED, of the Agreement is modified to read as follows:
Provider agrees to do all necessary work at its own cost and expense, to furnish all labor, tools, equipment, materials, except as otherwise specified, and to do all necessary work included in Exhibit A as requested. The parties may mutually agree to change the work plan included in Exhibit A , and any such change shall be in writing. Paragraph 3, COMPENSATION TO PROVIDER, of the Agreement is modified to read as follows:
“a. No later than seven (7) days following completion of each milestone, as set forth in Exhibit A and incorporated herein by this reference, Provider shall submit to the City an invoice for the total amount due for work completed in connection with that milestone. ” “b. The total compensation under this Second Amendment to Agreement shall not exceed $397,200. Total compensation for this Agreement shall not exceed $397,200.”
1. Except as expressly modified herein, all other terms and covenants set forth in the Agreement shall remain the same and shall be in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this modification of Agreement to be executed on the day and year first above written.
Docusign Envelope ID: E4F5874C-316D-8625-805E-9B1AD0DA6C2A
July 2026
It’s Electric 2 nd Amendment
Justworks Employment Group,
LLC Labor Contractor, for co- employees
of: IT’S ELECTRIC INC
a (Delaware corporation,
Registered as Foreign Entity of CA)
CITY OF ALAMEDA
______________________________________
Nathan King
CEO
______________________________________
Gerry Beaudin
City Manager
______________________________________
Tiya Gordon
COO and President
______________________________________
Abigail Thorne-Lyman
Interim Planning, Building and Transportation
Director
APPROVED AS TO FORM:
City Attorney
Cara Silver
Special Counsel
Docusign Envelope ID: E4F5874C-316D-8625-805E-9B1AD0DA6C2A
Exhibit A
Scope of Work
July 2026
It’s Electric 2 nd Amendment
It’s Electric chargers utilize “spare” capacity from nearby buildings, paired with a detachable cable, which will be distributed to drivers for free by It’s Electric. This approach sidesteps the barrier of grid limitations and creates community buy-in by sharing the charger revenue with property partners, who have been solicited via extensive community outreach. It’s Electric will share revenue generated from the chargers with the property owners. It’s Electric will be responsible for procurement, installation, operations, and maintenance of the EV chargers, to be owned by It’s Electric.
Phase 1a (ACTC grant - 14 chargers):
Project description: With Alameda CTC (ACTC) administered funds, It’s Electric will construct, operate, and maintain fourteen (14) curbside electric vehicle (EV) chargers , hereafter referred to collectively as “Phase One A” chargers . It’s Electric to comply with all ACTC grant funding requirements.
Project Schedule: Construction activity shall take place between November 2026 and February 2027. It’s Electric will operate and maintain the chargers for at least four (4) years following installation.
Project Location and Limits: 10 sites with 14 chargers in City of Alameda; 7 sites with 9 chargers located within the Air District’s Priority Area (AB 1550); two additional locations to be identified in the Air District’s Priority Area (AB 155) Non-Participating Costs / Not Eligible for Reimbursement : Costs not eligible for reimbursement by this a greement include, but are not necessarily limited to:
• Costs incurred for services, fees, or amenities not related to the Project scope that are funded through ACTC Administered Funds obligated by this a greement as the eligible scope is defined in ACTC/City of Alameda Agreement: Project Description and Project Scope Detail by Phase.
• Sponsor Staff/Labor costs unless otherwise defined as allowed in ACTC/City of Alameda Agreement Appendix A-6: Project Cost Detail.
• Costs that are not direct project implementation costs, such as indirect costs or staff costs for project/contract/grant management activities
• Costs in phases other than construction, such as design and engineering
Budget: The City of Alameda secured a total of $ 289,000 in ACTC grant funding for the design phase of the project to expand the city’s curbside charging network in partnership with It’s Electric.
It’s Electric shall provide $ 75,065 in match funding for the project. It’s Electric will submit invoices to the City within seven (7) days following milestone completion. The City shall not contribute to Phase 1a fees or costs. Any cost overruns shall be borne by It’s Electric.
ACTC ADMINISTERED FUNDS BUDGET
Phase ACTC
Administered
It’s Electric
Matching
Total
Funding
Docusign Envelope ID: E4F5874C-316D-8625-805E-9B1AD0DA6C2A Exhibit A
Scope of Work
July 2026
It’s Electric 2 nd Amendment
Funds Funds
TFCA CPM
FYE27
Construction $289,000 $75,065 $364,065
Total Funding $289,000 $75,065 $364,065
The City shall not contribute to Phase 1a fees or costs. Any cost overruns shall be borne by It’s Electric.
Phase 1b (MTC/Caltrans grant – 20 chargers):
Project description: With MTC/Caltrans administered funds, It’s Electric will prepare to deploy twenty (20) EV chargers, hereafter referred to collectively as “Phase One B ” chargers.
Construction of Phase 1b chargers will be completed following Caltrans authorization. It’s Electric will comply with all federal grant funding requirements.
It’s Electric will:
• Conduct site assessments to determine suitability for charger installation. Enter into site host agreements with suitable sites approved by the City in alignment with Site Selection Criteria.
• Partner with City to engage with the community to share the proposed sites and seek feedback before final site selection phase.
• Complete site design and engineering for selected sites in coordination with Alameda Municipal Power. It’s Electric will provide utility designs and engineering plan development, transformer and conduit sizing if necessary, and include site-specific permit planning. Project design will include detailed scope of work, project timeline, and budget.
Projects will be desig ned and permitted on a rolling basis. • Obtain all necessary approvals, permits and environmental review, including CEQA and NEPA clearance and apply for the necessary permits and review. • Develop final cost estimates for construction phase and amend MTC/Caltrans grant agreement to implement construction phase, pending Caltrans authorization to proceed with the construction phase.
Budget: The City of Alameda secured a total of $108,200 in Metropolitan Transportation Commission (MTC) grant funding for the design phase of the project to expand the city’s curbside charging network in partnership with It’s Electric. It’s Electric shall provide $50,000 in match funding for the project. It’s Electric will submit invoices to the City within seven (7) days following milestone completion.
The City shall not contribute to Phase 1b fees or costs. Any cost overruns shall be borne by It’s Electric. Construction phase of the project shall be obligated by Caltrans by January 2027.
Docusign Envelope ID: E4F5874C-316D-8625-805E-9B1AD0DA6C2A Exhibit A
Scope of Work
July 2026
It’s Electric 2 nd Amendment
MTC/CALTRANS ADMINISTERED FUNDS BUDGET
Expense Quantity Unit Cost per
Unit
Total
Cost
Category
Level-2
curbside
charging
equipment
20 Chargers $3,500 $70,000 MTC/Caltrans
Grant Funds
Level-2
curbside
charger - right-
of-way permits
20 Chargers $1,910 $38,200 MTC/Caltrans
Grant Funds
Grant Total $108,200
Level-2
curbside
charging local
staff salary
1 Project
manager
(Year
One)
$50,000 $50,000 It’s Electric
Provided
Match
Match $50,000
Project Total $158,200
Phase 2 – 10 chargers:
After Phase One chargers are installed, It’s Electric will resume installation of the ten (10) chargers awarded by the City of Alameda, contracted June 2024, hereafter referred to as “Phase Two” chargers. Note that It’s Electric has installed the first two (2) Phase Two chargers at 2477 Eagle Ave. It’s Electric will install an additional eight (8) chargers during Phase Two. The location of Phase 2 chargers will be mutually agreed upon by City and It’s Electric.
Budget: With City approval, It’s Electric will cover all fees, costs and equipment associated with deploying a total of up to ten (10) chargers in the right -of-way in Alameda . It’s Electric has installed the first two (2) Phase Two chargers at 2477 Eagle Ave and will install up to an additional eight (8) chargers during Phase Two. The City shall not contribute to Phase 2 fees or costs.
Schedule: It’s Electric shall complete the Phase 2 installation by 2030. It’s Electric will operate and maintain the 10 chargers for at least four (4) years following installation.
Docusign Envelope ID: E4F5874C-316D-8625-805E-9B1AD0DA6C2A
INSR ADDL SUBR
LTR INSR WVD
DATE (MM/DD/YYYY)
PRODUCER CONTACT
NAME:
FAXPHONE
(A/C, No):(A/C, No, Ext):
E-MAIL
ADDRESS:
INSURER A :
INSURED INSURER B :
INSURER C :
INSURER D :
INSURER E :
INSURER F :
POLICY NUMBER
POLICY EFF POLICY EXPTYPE OF INSURANCE LIMITS(MM/DD/YYYY) (MM/DD/YYYY)
COMMERCIAL GENERAL LIABILITY
AUTOMOBILE LIABILITY
UMBRELLA LIAB
EXCESS LIAB
WORKERS COMPENSATION
AND EMPLOYERS' LIABILITY
DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required)
AUTHORIZED REPRESENTATIVE
INSURER(S) AFFORDING COVERAGE NAIC #
Y / N
N / A
(Mandatory in NH)
ANY PROPRIETOR/PARTNER/EXECUTIVE
OFFICER/MEMBER EXCLUDED?
EACH OCCURRENCE $
DAMAGE TO RENTED $PREMISES (Ea occurrence)CLAIMS-MADE OCCUR MED EXP (Any one person) $
PERSONAL & ADV INJURY $
GENERAL AGGREGATE $GEN'L AGGREGATE LIMIT APPLIES PER:
PRODUCTS - COMP/OP AGG $
$
PRO-
OTHER:
LOCJECT
COMBINED SINGLE LIMIT
$(Ea accident)
BODILY INJURY (Per person) $ANY AUTO
OWNED SCHEDULED BODILY INJURY (Per accident) $AUTOS ONLY AUTOS
AUTOS ONLY
HIRED PROPERTY DAMAGE $AUTOS ONLY (Per accident)
$
OCCUR EACH OCCURRENCE $
CLAIMS-MADE AGGREGATE $
DED RETENTION $ $
PER OTH-
STATUTE ER
E.L. EACH ACCIDENT $
E.L. DISEASE - EA EMPLOYEE $
If yes, describe under
E.L. DISEASE - POLICY LIMIT $DESCRIPTION OF OPERATIONS below POLICY
NON-OWNED
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE
THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS.
THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS
CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS
CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.
IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed.
If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer any rights to the certificate holder in lieu of such endorsement(s).
COVERAGES CERTIFICATE NUMBER: REVISION NUMBER:
CERTIFICATE HOLDER CANCELLATION
© 1988-2015 ACORD CORPORATION. All rights reserved.
The ACORD name and logo are registered marks of ACORDACORD 25 (2016/03)
ACORDTM CERTIFICATE OF LIABILITY INSURANCE
CNA / Valley Forge Insurance Company
03/17/2026
Brad M Hedberg
The Rockwood Company
20 N Wacker Drive, Suite 600
Chicago, IL 60606
312 621-2326
[email protected]
It's Electric Incorporated
19 Morris Ave
Building 128
Brooklyn, NY 11205
20508
A X
X
7013180955 04/01/2026 04/01/2027 1,000,000
300,000
10,000
1,000,000
2,000,000
2,000,000
A
X X
7013180955 04/01/2026 04/01/2027 1,000,000
A X X
X 10000
7013645153 04/01/2026 04/01/2027 5,000,000
5,000,000
City of Alameda, its City Council, boards, commissions, officials, employees, agents and volunteers are Additional Insured with respect to the General Liability, on a primary-noncontributory basis including waiver of subrogation.
City of Alameda
Planning, Building and
Transportation Department
2263 Santa Clara Ave, Room 120
Alameda, CA 94501
1 of 1
#S667098/M478956
ITSELEClient#: 30474
LAM1
This page has been left blank intentionally.