Exhibit AExhibit A SECOND AMENDMENT
Exhibit A
Exhibit A
TO PROFESSIONAL SERVICES AGREEMENT NUMBER F001838
WITH JPMORGAN CHASE BANK, N.A.
This Second Amendment to Agreement number F001838, dated September 4, 2018 ("Agreement") is made as of this _____ day of ______, 2024, by and between the City of Santa Rosa, a municipal corporation ("City"), and JPMorgan Chase Bank, N.A., a national banking association. ("Contractor").
RECITALS
A. City and Contractor entered into the Professional Services Agreement Number F001838 for Contractor to provide General Banking Services as amended by the First Amendment to the Agreement on December 12, 2023 (“Agreement”).
B. City and Contractor now desire to further amend the Agreement for the purpose of extending the term of the Agreement for the remaining four years and to increase compensation for services provided.
AMENDMENT
NOW, THEREFORE, the parties agree to amend the Agreement as follows:
Section 2. Compensation
Section 2(c) is amended to increase the compensation payable to Contractor under the Agreement to read as follows:
"Notwithstanding any other provision in this Agreement to the contrary, the total maximum compensation to be paid for the satisfactory accomplishment and completion of all tasks set forth above shall in no event exceed the sum of Six Hundred Thousand dollars and no cents ($600,000.00) over the Initial Term and any Extension Term of the Agreement. The City’s Chief Financial Officer is authorized to pay all proper claims from various charge numbers and does not require Contractor to label any service fees, statements or any other documentation with any “Charge Number” or unique City identifier.”
Section 11. Term, Suspension, Termination
Pursuant to Section 11(a), the Parties agree to extend the Term of the Agreement to September 4, 2028.
Exhibit B – Compensation
The same terms and conditions in Exhibit B (“Compensation”) that apply to the Initial Term of the Agreement will apply to the Extension Term exercised by this Amendment.
All other terms of the Agreement shall remain in full force and effect.
Executed as of the day and year first above stated.
CONTRACTOR:
Name of Firm: JPMorgan Chase Bank, N.A.
TYPE OF BUSINESS ENTITY (check one):
_____ Individual/Sole Proprietor
_____ Partnership
____ Corporation
_____ Limited Liability Company
__X__ Other (please specify: national banking association) Signatures of Authorized Persons:
By: _____________________________
Print Name:_Andrea Beard__________
Title: __Authorized Officer___________
CITY OF SANTA ROSA
a Municipal Corporation
By:_________________________________
Print Name:__________________________
Title:________________________________
APPROVED AS TO FORM:
____________________________
Office of the City Attorney
ATTEST:
City Clerk
Amendment to Professional Services Agreement
Form approved by the City Attorney 8-8-14