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HomeMy WebLinkAboutZMAC DBA DOWNTOWN ACE HARDWARE - CONTRACT - CONTRACT - FIRST AMENDMENT MARK DOWN PROMOTIONAL FEE PROGRAM (2)SECOND AMENDMENT TO AGREEMENT THIS SECOND AMENDMENT TO AGREEMENT is entered into this 30"' day of November, 2007, by and between 'l HE CI'1 Y OF FORT COLLINS. COLORADO, ("City") and ZMAC, INC DBA DOWNTOWN ACE HARDWARE, 227 South College Avenue, Fort Collins, Colorado 80524 ("Retailer') WITNESETH: WHEREAS, the City and Retailei entered Into an Agreement AGT # FC2007-01 to paitiupate in a special "mark-down promotional lee program in order to promote the sale of efficient light emitting diode (LED) holiday lighting products through the Retarleu's store in Fort Collins, Colorado (the "Agreement"), as set forth therein, and WHEREAS, the customer response has been higher than expected for this program and the pat ties wish to increase the reimbursement hunts of the Agreement accordingly IO ACCOMPLISH THE FOREGOING, the parties hereto, for good and valuable constdetatron, agree as Collows 1 Exhibit ` A" to the Agreement is hereby replaced with the attached Exhibit "A-2" attached hereto and incorporated herein by thus reference, the terms of which shall become the governing "not to exceed" reimbursement limits of the Agreement, effective, nvnt pro lvnc, November 30.2007 2 Except as amended and modified by this Fust Amendment, the Agreement shall be and temam in full force and effect IN WITNESS WHEREOF, the pat ties havecxecutedthisFirstAmendmenttoAgreementthe day and ycai first above written THE CITY OF FORT COLLINS COLORADO A Municipal Coipoiation fly i �cs 13 O'Net11 TIE CPPO_ I"NIGP Du for of Purchatimg and Risk Management Idn7C5 I McClelland ZMAC Inc 227 South College Ave Fort Collins, Colorado 80524 By President, [MAC, Inc FXHIBI'I "A-2" Fall 2007 Efficient Lighting Piogiain Details Downtown Ace Hardware, City of Fort Collins Fall 2007 Efficient Li tin Pro ram Details Markdown Customer Estimated Not -To -Exceed Eligible Product Description Incentive sales 2 Quantities Sponsor Funds Amount' limit Light Emitting Diode holiday light stung, powei draw not to emceed five walls, when customci $4 00/sti in.,, 775 $3 100 picsents a coupon authoi ized by 10 tin rags the S Onsol total all products Light Lmrtlmg Diode holiday light string, power diaw not to cu ecd five watts, when customci $2 00/String 2,100 $4,200 does not plesent a coupon authorized by the S tonsoi TOTALS 2,875 $7,300 I Custonieis aie eligible loi one or the othei incentive i e the two incentives may not be combined 2 Quantities ate estimates only Promotion sales may include any jilts of quantities of the eligible pioducts, as long as the total mark-down incentive amount does not exceed the Not-to-li\ceed Sponsoi Funds