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OTHER-2023-009 Contract Amendment
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OTHER-2023-009 Contract Amendment
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Last modified
3/20/2023 10:08:21 AM
Creation date
3/20/2023 10:07:56 AM
Metadata
Fields
Template:
BOCC
Date
2/7/2023
Meeting Type
Business
Document Type
Contract
Agenda Item
8-i
Document Relationships
Agenda - 02-07-2023; 8-i - Proposed Extension to Medline Industries, LP Incentive Performance Agreement Concerning the Company’s Employment & Investment Target Dates
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2023\Agenda - 02-07-2023 Business Meeting
Agenda for February 7, 2023 BOCC Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2023\Agenda - 02-07-2023 Business Meeting
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IM3 <br /> Attachment 2 <br /> NORTH CAROLINA <br /> CONTRACT AMENDMENT <br /> ORANGE COUNTY <br /> f <br /> THIS CONTRACT AMENDMENT ("Amendment") is made and entered into this day of &4744eN� , 2011 by <br /> and between ORANGE COUNTY (hereinafter referred to as " County") and MEDLINE INDUSTRIES , LP and MRE <br /> Propco LP (formerly Medline Industries, Inc . ) (hereinafter referred to as "Provider") . j <br /> I <br /> WITNESSETH : <br /> E <br /> THAT WIMREAS , the County and Provider entered into a contract dated October 4 , 2019 , (hereinafter the " Original <br /> Agreement"), for the provision of services for incentivizing the Company ' s investment in Orange County ; and <br /> WHEREAS , the County and Provider desire to amend the Original Agreement while keeping in effect all terms and <br /> conditions of the Original Agreement not inconsistent with the terms and conditions set forth below. <br /> NOW THEREFORE, for and in consideration of the mutual covenants and agreements made herein, the parties agree to <br /> amend the Original Agreement as shown below , <br /> i <br /> i <br /> 1 . Pursuant to the terms of Section 6B the Commencement Date, as defined in Section 1D is amended to <br /> December 31 , 2021 and the expiration date is amended to January 31 , 2027 . Other dates in the Original C <br /> Agreement tied to rights and obligations of the parties are extended by one calendar year from the date <br /> reflected in the Original Agreement , <br /> 2 . Except for the changes made herein, the Original Agreement shall remain in full force and effect to the extent <br /> it is not inconsistent with this Amendment . In the event there is a conflict between the terms of the Original <br /> Agreement and the terms of this Amendment, this Amendment shall control . <br /> 1- <br /> IN TESTIMONY WHEREOF , this Amendment has been executed by the parties hereto , as of the date first above <br /> written . <br /> ORANGE COUNTY PROVIDER <br /> ChOV Kate Slattery <br /> Orange County Board of Commissioners Vice President of Real Estate <br /> MEDLINE INDUSTRIES , LP <br /> MRE Propco , LP <br /> Revised 06/21 <br />
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