HomeMy WebLinkAboutCLAYS HARDWARE - CONTRACT - CONTRACT - FIRST AMENDMENT MARK DOWN PROMOTIONAL FEE PROGRAMFIRST AMENDMENT TO AGREEMENT
THIS FIRST AMENDMENT TO AGREEMEN F is entered into this 13°' day of November,
2007, by and between 'I HE CITY OF FORT COLLINS, COLOR -ADO, ("City") and CLAY'S
HARDWARE, INC DBA CLAY'S ACE HARDWARE, 1001 EAST HARMONY, FORT
COLLINS, COLORADO 80525 ("Retailer")
WITNESETH:
WHEREAS, the City and Retailer entered into an Agreement ACT # FC2007-02 to
participate in a special "marl. -down piomotional fee" piogiam in oider to promote the sale of
efficient light emitting diode (LED) holiday lighting products through the Retailer's store in Foil
Collins, Coloiado (the 'Agiecmcnf ), as set forth thciem, and
WHEREAS, the customer response has been Inghei than expected 661 this piogiam, and the
parties wish to mucasc the rcurnbmsemcnt limits of the Agreemcnt accordingly
TO ACCOMPLISH '['HE FOREGOING, the parties hereto, for good and valuable
consiciciation_ agree as follows
I Exhibit "A" to the Agrecment is hereby replaced with the attached Exhibit "A-1
.dtachcd heicto and incoipoiatcd hcicin by this iefeiencc, the terms of which shall become the
goveimng "not to exceed' tennbursement Inuits of the Agrecment, effective, nuns pio lunc,
Novembei 30, 2007
2 LxLept as amended and modified by this First Amendment, the Agreement shall be
and remain in full lorcc and effect
IN WITNESS WHEREOF, the parties have executed this First Amendment to Agreement the
day and year First above written
THE CITY OF FORT COLLINS, COLORADO,
A MuniCipal Corporation
By
Ja cs O'Nerll II, CPPO, HNIGP
Dir or of Purchasing and R�sl, Management
Lisa Clay
Clay s I Iardware
1001 E Harmony
By
EXHIBIT "A-l"
Fall 2007 Etlicient Lighting Program Details
Clay's Ace Hardware, City of Fort Collins
Fall 2007 Efficient Li tin Program Details
Markdown
Customer
Estimated
Not -To -Exceed
Eligible Product Description
Incentive
sales
Quantities
Sponsor Funds
Amount
limit
Light Emitting Diode holiday
lightstiing, power (haw not to
c\ceed five watts, when customei
$4 00/sti mg
900
$ i 600
presents a coupon authoiized by
10 su Ings
he S ponsot
Dial all
products
Light Emitting Diode holiday
light slime powci draw not to
exceed five watts, when customet
$2 00/stiurg
3 450
$6,900
does not present a coupon
author ized by the Sponsot
TOTALS1
4,350
1 $10,500
I Customers are eligible lot one of the other incentive, i e the two incentives may not be combined
2 Quantities ate estimates only Promotion sales may include any mis. of quantities of the eligible products,
as long as the total mai k-down incentive amount does not c\ceed the Not-to-Lvcoed Sponsor Funds