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CM-2020-201 - 7/31/2020••:6 tyler . 'chnc _., AMENDMENT This amendment ("Amendment') is effective as of the date of signature of the last party to sign as indicated below ("Amendment Effective Date"), by and between Tyler Technologies, Inc. with offices at One Tyler Drive, Yarmouth, Maine 04096 ('Tyler") and the City of Round Rock, Texas, a home -rule municipality with offices at 221 East Main Street, Round Rock, Texas, 78644 ("Client'). WHEREAS, Tyler and the Client are parties to an agreement dated February 13, 2020 ("Agreement'); and WHEREAS, Tyler and Client desire to amend the terms of the Agreement as provided herein. NOW THEREFORE, In consideration of the mutual promises hereinafter contained, Tyler and the Client agree as follows: I. Exhibit B, "Invoicing and Payment Policy", Section 1, "SaaS Fees", of the Agreement is hereby amended in accord with the language below: a. "SaaS fees are invoiced on a quarterly basis, beginning on the commencement of the Initial term as set forth in G(1) of the Agreement. Your annual SaaS fees for the initial term are set forth in the Investment Summary. Upon expiration of the initial term, your annual SaaS fees will be at our then -current rates." 2. Exhibit B, "Invoicing and Payment Policy", Section 2, PACE Fees", of the Agreement is hereby amended in accord with the language below: a. "PACE fees are invoiced on an annual basis, beginning on the commencement of the initial term as set forth in Section G(1) of this Agreement. Your annual PACE fees for the initial term are set forth in the Investment Summary. Upon expiration of the initial term, your annual PACE fees will be at our then -current rates." b. For clarification, no changes to the actual PACE payment terms are being made. This language corrects a mistake in the Agreement incorrectly identifying F(1) as where the initial term is defined. 3. Invoice #045-298046 is void and no payment Is required of Client. 4. New invoices for the quarterly SaaS fee payments listed below will be generated, sent to Client, and be due immediately: a. January 1, 2020- March 31, 2020; and b. April 1, 2020- June 30, 2020. S. A new invoice for the quarterly SaaS fee payment of July 1, 2020- September 30, 2020 will be &�02_0-01 generated and sent to Client and due in accordance with the Agreement. All subsequent quarterly payments will be invoiced in accord with the Agreement. 6. This Amendment shall be governed by and construed in accordance with the terms and conditions of the Agreement. 7. Except as expressly indicated in this Amendment, all other terms and conditions of the Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the dates set forth below. Tyler Technologies, Inc. By: Name: Robert Kennedy -Jensen Title: Director of Contracts Date: 7/14/2020 City of Round Rock, TX BSI: Name: / U Title: ^� Dater G�— b2-P tyler City of Round Rock IXASORUCKOU Agenda Item Summary Agenda Number: Title: Consider executing Amendment No. 1 to a Software as a Service Agreement with Tyler Technologies, Inc. updating invoicing and payment terms. Type: City Manager Item Governing Body: City Manager Approval Agenda Date: 7/31/2020 Dept Director: Susan Morgan, CFO Cost: Indexes: Attachments: Tyler Munis Contract Amendment 1 Department: Finance Department Text of Legislative File CM-2020-201 A new contract with Tyler Technologies for the Munis Financial System was approved by City Council on February 13, 2020 per R-2020-0045. The original payment schedule was setup on an annual basis. The purpose of this contract amendment is to modify the payment schedule so that payments can be made on a quarterly basis by the City to Tyler Technologies. There are no other changes to terms and conditions of this contract. City of Round Rock Page 1 Printed on 713012020