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Amendment to Agreement - Bridges Out of Poverty Inc. - Extend Contract and Revise Definition of Participating Employer
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Amendment to Agreement - Bridges Out of Poverty Inc. - Extend Contract and Revise Definition of Participating Employer
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3/28/2025 4:11:56 PM
Creation date
11/30/2017 8:41:03 AM
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Board of Public Works
Document Type
Contracts
Document Date
11/28/2017
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Payment"). After receiving an Employer Payment, the Organization will submit a written <br />notice to the City, stating the name of the employer and the amount of the Employer <br />Payment that the Organization desires for the City to match. After receiving the <br />Organization's written notice, the City will pay to the Organization an amount equal to the <br />Employer Payment described in the Organization's written notice (the "Contract <br />Installment"), provided, however, that the City will not be required to pay any Contract <br />Installment if the City is not satisfied with the Organization's performance under this <br />Agreement or any default or breach of this Agreement by the Organization exists, as the <br />City may determine in its sole discretion. The sum of all Contract Installments will not <br />exceed the Contract Amount. The City will not pay a Contract Installment for any <br />Employer Payment received by the Organization after November 30, 2018. For purposes <br />of this Agreement, the term "Participating Employer" means an employer that <br />(a) is located within the corporate boundaries of the City; or <br />(b) is located within the corporate boundaries of St. Joseph County, Indiana, <br />and certifies to the Organization in writing that it employs a number of <br />people who reside within the corporate boundaries of the City equal to at <br />least fifty percent (50%) of the total number of its employees. <br />3. Unless expressly modified by this Second Amendment, all terms and conditions set <br />forth in the Agreement shall remain in full force and effect. <br />4. Each undersigned person represents and warrants that he or she is duly authorized <br />and empowered to execute this Second Amendment on behalf of his or her respective party and to <br />bind his or her party to its terms. This Second Amendment may be executed in separate <br />counterparts, all of which taken together will constitute one original instrument. <br />[Signature page follows.] <br />2 <br />
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