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HomeMy WebLinkAbout2022 CON Hub International Insurance Services - Insurance Brokerage Services First AmendmentFIRST AMENDMENT TO THE AGREEMENT BY AND BETWEEN THE CITY OF NATIONAL CITY AND HUB INTERNATIONAL INSURANCE SERVICES, INC. THIS FIRST AMENDMENT TO THE AGREEMENT is entered into this 1st day of February, 2022, by and between the CITY OF NATIONAL CITY, a municipal corporation ("CITY"), and HUB INTERNATIONAL INSURANCE SERVICES INC. a California corporation (the "CONTRACTOR"). RECITALS WHEREAS, the CITY and the CONTRACTOR entered into an Agreement on February 1, 2020 ("the Agreement"), wherein the CONTRACTOR agreed to provide Insurance Brokerage Services. The duration of the Agreement is from February 1, 2020 through January 31, 2022. The Agreement may be extended by mutual agreement upon the same terms and conditions for an additional one (1) year term. The Parties may exercise up to three one-year extensions through January 31, 2025 and any extension of the Agreement mush be approved in writing by the City Manager. WHEREAS, the parties desire to amend the Agreement by exercising the first of the three one-year options to extend the term of the Agreement to January 31, 2023. AGREEMENT NOW, THEREFORE, the Parties hereto agree that: 1. Amend the February 1, 2020 Agreement by exercising the first of the three one-year options to extend the term of the Agreement by one year to January 31 , 2023. 2. The Parties further agree that, with the foregoing exceptions, each and every other term and provision of the January 1, 2020 Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the Parties hereto have executed this first Amendment to the Agreement on the date and year first above written. Amended Agreement Page 1 of 2 City of National City and Revised February 2022 HUB International Insurance Services, Inc. 1 CITY OF NATIONAL CITY HUB INTERNATIONAL INSURANCE SERVICES, INC. (Corporation — signatures of two corporate officers required) (Partnership or Sole proprietorship one signature) BrackRauts_ n, City Manager APPROVED AS TO FORM: By;,,- er K. ma; Asistant Gity Attdr ey Amended Agreernerit By. Siii244120-h-47:50--1.491‘. (Name) Shannon Taylor (Print ) President, Southern California and Utah (Title) By: diQ#LAfemfzdoa. (Name) Jesus Mendoza (Print) Senior Vice President (Title) Page of 2 City of National City and Revised February 2022 HUB international Insurance Services, .Inc.