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HomeMy WebLinkAboutCLAYS ACE HARDWARE - CONTRACT - CONTRACT - FIRST AMENDMENT TO AGREEMENTFIRST AMENDMENT TO AGREEMENT THIS I'IRS"I AMENDMENT 1'O AGREEMENT is entered into this B"' day ofNovembei 2007, by and between THE CITY OF FORT COLLINS, COLORADO, ("City") and CLAY'S HARDWARE INC DBA CLAY'S ACE HARDWARE, 1001 LAST HAI:MONY, FOR I COLLINS, COLORADO 80525 (`Retailer") WITNESET}I: WHEREAS, the City and Retailei enteicd into an Agiceirnent AGT # FC2007-02 to participate in a special "mark-down promotional Ice' piogiam in order to promote the sale of efficient light emitting diode (LED) holiday lighting products through the Retailer's stoic in Foit Collins, Colorado (the "Agreement"), as set forth theicin, and WHh,REAS, the customer response has been higher than expected foi this program, and the pasties wish to mcicase the remrbursemcnt limits of the Agreement accordingly TO ACCOMPLISH THE FOREGOING, the parties hereto, for good and valuable consideration, agiec as follows I Exhibit' A" to the Agreement is heieby ieplaccd with the attached Exhibit `A -I ", attached hereto and meotporated herein by this icference, the terms of which shall become the goveinmg "not to exceed" reimbursement limits of the Agreement, effective, nanc po 11419c November 30, 2007 2 Except as amended and modified by this First Amendment, the Agreement shall be and iemam in full force and effect IN WITNESS WHEREOF, the parties have cxccutedthisFirstArncndmenttoAgreement the day and yeas first above written THE CITY OF FORT COLLINS COLORADO A Municipal Coiporation 13y sl `/, Q-�—Q-Q 3ai es 3 O'Neill 11, CPPO, FNIGP Di � or ol' Purchasing and Risk M,magcnient Lisa Clay Clay s I laidware 1001 E Harmony By EXHIBIT "A -I" Fall 2007 Efficient Lighting Program Details Clay's Ace Hardware, City of Fort Collins Fall 2007 Efficient Li tin Pro gram Details Markdown Customer Estimated Nat -To -Exceed Eligible Product Description Incentive sales Z Quantities Sponsor Funds Amount' limit Light Emitting Diode holiday light string, power draw not to emceed five watts, when customer $4 00/sti mg 900 $3,600 presents a coupon authorized by 10 sumgs the Sponsor total all products Light Emitting Diode holiday light suing, power draw not to emceed five watts, when customer $2 00/string 3,450 $6 900 does not present a coupon authorized b the TOTALS 1 4,350 $10,500 I Customeis arc eligible foi one of the othci incentive i e the hvo uucnuves may not be combined 2 Quantities me estmiates only promotion sales may include any mix of quantitros of the eligible products, as long as the total maih-down incentive amount does not emceed the Not -to -Emceed Sponsor Funds