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Second Amendment to Agreement

Riverside City Council
December 12, 2023

Document
Second Amendment to Agreement
Meeting
December 12, 2023
Body
Riverside City Council
Original file
237 KB
Text extracted from the city's file for reading and search. Open the original on riversideca.legistar1.com. That file is the official record.

SECOND AMENDMENT TO

RETIREMENT PLAN CONSULTING SERVICES AGREEMENT

SHUSTER ADVISORY GROUP, LLC
457(b) and 401(a) Deferred Compensation Plan

THIS SECOND AMENDMENT TO RETIREMENT PLAN CONSULTING SERVICES AGREEMENT ("Second Amendment") is made and entered into this »by and between the CITY OF RIVERSIDE, a California charter li ad launity coloranga consCian), nd SESSIE ADVISORY GROUP, 1LC, a California

RECITALS
WHEREAS, City and Consultant entered into that certain Retirement Plan Consulting Services Agreement dated December 15, 2020 ("Agreement"), for 457(b) and 401(a) Deferred Compensation Plan; and
WHEREAS, City and Consultant entered into that certain First Amendment to Retirement Plan Consulting Services Agreement dated April 3, 2023 ("First Amendment"), to amend the Scope of Work; and
WHEREAS, the Agreement is set to expire on December 15, 2023; and WHEREAS, Paragraph 2 of the Agreement states that the Parties shall have the option to extend the term of the Agreement for one additional two-year term; and WHEREAS, City and Consultant desire to extend the term of the Agreement for the additional two-year term, beginning December 15, 2023, and ending on December 14, 2025.

NOW, THEREFORE, incorporating the recitals set out above, the Parties hereto mutually agree to the following amendment to the Agreement.

Pursuant to Paragraph 2 of the Agreement, the Parties hereby exercise their option to extend the term of the Agreement for the additional two-year term, beginning December 15, 2023, and ending December 14, 2025.

2. All other terms and conditions of the Agreement between the parties, which are not inconsistent with the terms of this Second Amendment, shall remain in full force and effect as if fully set forth herein.
[SIGNATURES ON FOLLOWING PAGE.]
1 IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to Retirement Plan Consulting Services Agreement to be duly executed the day and year first above written.

CITY OF RIVERSIDE, SHUSTER ADVISORY GROUP, LLC,
a California charter city and municipal a California limited liability company corporation
By: By:_ MARL
City Manager Name: SHUSTER
Title: MANAGING MEMBER
Attest: and
City Clerk
By thee Pissin
Name:_ JoAnn PARRINO
Certified as to Availability of Funds: Title: MEMBER
Bor Chie Minancial Officer
Approved as to Form:
susan Wher
Senior Deputy City Attorney
20-1045.2 BSM 11/02/23
2

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