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HomeMy WebLinkAboutIT18-308 - Amendment - #1 - Rimini Street, Inc. - SOW #1: JDE Support Services - 09/01/2023 FOR CITY OF KENT OFFICIAL USE ONLY Sup/Mgr: Agreement Routing Form DirAsst: • For Approvals,Signatures and Records Management Dir/Dep: KENT This form combines&replaces the Request for Mayor's Signature and Contract Cover (optional) WASHINGTON Sheet forms. (Print on pink or cherry colored paper) Originator: Department: Ikhra Mohamed IT Date Sent: Date Required: c 07/13/2023 07/26/2023 QAuthorized to Sign: Date of Council Approval: Q �✓ Mayor or Designee N/A Budget Account Nu mbe Grant? Yes No�✓ 52001770.64160.1800 Budget?❑✓ Yes Type: N/A Vendor Name: Category: Rimini Street Inc. Contract Vendor Number: WP Sub-Category: 1795532 Other 0 Project Name: ]DE SOW #1 Amendment #1 cProject Details: Amendment #1 to SOW #1 - three year renewal extension from 09/01/2023 through 08/31/2026. c Basis for Selection of Contractor: Agreement 205,030.42 Direct Negotiation E *Memo to Mayor must be attached .1111 Start Date: 01/2023 Termination Date: 08/31/2026 a Local Business? Yes ✓�No*If meets requirements per KCC 3.70.100,please complete"Vendor Purchase-Local Exceptions"form on Cityspace. Business License Verification: ❑Yes In-Process F1 Exempt(KCC 5.01.045) FlAuthorized Signer Verified Notice required prior to disclosure? Contract Number: Yes ✓�No IT18-308 Comments: E:Aa N <<Signature on attached Amendment No. 1 p. 2/2 >> Dana Ralph, Mayor C C +� <<Date: date on attached Amendment No. 1 p. 2/2 >> 3 0 N a Date Received:City Attorney: 7/13/23 Date Routed:Mayor's Office City Clerk's Office adccW22373_7_20 Visit Documents.KentWA.gov to obtain copies of all agreements rev.20221201 AMENDMENT NO. 1 This Amendment No. 1 ("Amendment") to that certain Statement of Work No. 1 for J.D. Edwards Support Services dated August 3, 2018(the"JDE SOW") is entered into by and between Rimini Street, Inc. ("Rimini Street") and City of Kent, Washington ("Client"). This Amendment is effective as of the date of the last signature of the parties below ("Amendment Effective Date"). This Amendment shall become part of and subject to the terms and conditions of the JDE SOW, which except as modified herein, remains unchanged and in full force and effect. However, to the extent that the terms and conditions expressly set forth in this Amendment conflict with the terms and conditions of the JDE SOW, the terms and conditions expressly set forth in this Amendment will prevail. Unless otherwise defined in this Amendment, capitalized terms used herein shall have the meanings assigned to such terms in the JDE SOW. WHEREAS, Rimini Street and Client are parties to the JDE SOW and Rimini Street and Client now wish to agree upon certain related terms and conditions; NOW, THEREFORE, in consideration of the mutual promises herein, the OBD SOW is hereby amended as follows: 1. Section 2 (Support Period) is amended to reflect that the Support Period will end at one minute before midnight(11:59 p.m.) United States Pacific Time on August 31, 2026. 2. Section 3 (Termination by Client) is amended to reflect that Client may not terminate the JDE SOW at any time during Years 6 through 8 of the Support Period except in accordance with Section 3 of to the Agreement. 3. Section 5.A. (Annual Support Fees) is amended to reflect that (a) for the period from September 1, 2023 through August 31, 2024 (Year 6 of the Support Period), the Annual Support Fee shall be $64,999.00 USD, (b)for the period from September 1, 2024 through August 31, 2025 (Year 7 of the Support Period), the Annual Support Fee shall be $61,099.00 USD, (c)for the period from September 1, 2025 through August 31,2026(Year 8 of the Support Period), the Annual Support Fee shall be $60,124.00 USD, and (d) if the Support Period is extended by mutual agreement of the Parties, the Annual Support Fee for the period from September 1, 2026 through August 31, 2027 (Year 9 of the Support Period) shall be $64,999.00 USD. By signing below, the undersigned certify that they have read and understand, and agree to be legally bound by, this Amendment. For Client: For Rimini Strut,, Inc.: Authorized Signature Authorized Signature 9 9 Dana Ralph Seth Ravin Printed Name Printed Name Mayor CEO Title Title 07/21/2023 22 June 2023 Date Date Page 1 of 1 Rimini Street, Inc. Proprietary & Confidential