2010-169 VB - Jennings & Company - Marketing Communication Management Renewal Agreement

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NORTH CAROLINA ORANGE COUNTY PROFESSIONAL SERVICES AGREEMENT FOR MARKETING COMMUNICATIONS MANAGEMENT RENEWAL AGREEMENT THIS RENEWAL AGREEMENT, is made and entered into as of this the 1st day of July, 2010, by and between Orange County, North Carolina, 200 S. Cameron Street, Hillsborough, North Carolina, (the "County") for and on behalf of The Chapel Hill/Orange County Visitors Bureau (hereinafter "CHOCVB") and Jennings & Company, 104 A North Elliott Road, Chapel Hill, North Carolina 27514, (hereinafter "Agency") . WHEREAS, the Parties hereto have entered into that certain Professional Services Agreement (the "Agreement") effective as of the 1st day of July 2009; and WHEREAS, Article 5 . 01 of the Agreement specifies that the Agreement shall terminate on June 30, 2010 unless the Agreement is renewed in writing by the parties prior to the expiration of the initial term; and WHEREAS, the parties desire to renew the Agreement for the period beginning July 1, 2010 and terminating on December 31, 2010; and WHEREAS, the parties intend to enter into a separate agreement in the near future for services to be provided by the Agency to the CHOCVB during the 2010/2011 fiscal year. NOW THEREFORE, in consideration of the mutual covenants and considerations hereinafter set forth, the parties hereto agree as follows : A. Article 5 . 01 of the Agreement is hereby amended to permit the renewal of the Agreement for a period beginning on July 1, 2010 and terminating on December 31, 2010 . The Agreement is hereby renewed until December 31, 2010 (the "Renewal Term. ") B. The $3, 000 fee per month shall be paid as the Account Management Fee. C. The following additional "Special Provisions" are hereby incorporated into Article VI of the Agreement: