CM-12-04-074Item Caption:
CA44'12--6ci—.°
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RECEIVED
APR 2
City Manager Approval Form
Consider executing Amendment No. 1 to the Extend Retiree Program Agreement with Extend Health, Inc.
Approval Date: April 20, 2012
Department Name: Human Resources Department
Project Manager: Karin Holland
Assigned Attorney:
Item Summary:
Execution of Amendment No. 1 Extend Health, Inc. would extend the agreement that offers assistance to retirees to find
supplemental health insurance leaving the City health insurance plan.
No. of Originals Submitted: 2
Project Name: Amendment No. 1 Extend Health, Inc.
Cost: 0.00
Source of Funds: Select Source Fund
Source of Funds (if applicable): Select Source Fund
Account Number: N/A
Finance Director Approval: Che I Delaney b S. Carter Date: 04/18/2012
Department Director Approval:-` ActAulai4kae,&.) Date: .0/z,
**Electronic signature by the Director is acceptable. Please only submit ONE approval form per item. **
CIP❑ Budget n fl Purchasing
N/A OK N/A OK
El El
N/A OK
Accounting
N/A OK
ITEMS WILL NOT BE PLACED ON THE COUNCIL OR CM AGENDA W/OUT PRIOR FINANCE AND/OR LEGAL APPROVAL
REV. 6/20/11
Extend Health
Amendment No. 1
to the
Extend Retiree Program Agreement
This Amendment No. 1 to the Extend Retiree Program Agreement (the "Amendment") is effective as of
January 19, 2012 by and between Extend Health, Inc. ("Extend") and the City of Round Rock, Texas (the
"Client").
RECITALS
WHEREAS, Extend and Client previously entered into that certain Extend Retiree Program
Agreement dated as of January 8, 2009 (the "Agreement");
WHEREAS, pursuant to Section 2.1 Term, the Initial Term of the Agreement will expire on
January 20, 2012;
WHEREAS, pursuant to Section 8.4 Amendments. the Agreement may be amended by a written
instrument executed by each of the Parties;
WHEREAS, Extend and Client desire to amend the Agreement to extend the term of the
Agreement and incorporate a renewal terms, as specifically described below; and
WHEREAS, capitalized terms used but not otherwise defined herein shall have the meanings
ascribed to such terms in the Agreement.
AGREEMENT
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows:
1. Amendment to Section 2.1 Term to the Agreement
Section 2.1 Term is hereby deleted in its entirety and replaced with the following:
"Section 2.1 Term. The term of this Agreement shall commence on the Agreement Date and
shall continue in effect for a period of three (3) years from the Effective Date (the "Initial Term") unless
terminated pursuant to the provisions of this Agreement. Thereafter, this Agreement shall renew for
successive one (1) year terms unless terminated as provided herein."
2. Unless expressly modified by this Amendment, the terms and conditions of the Agreement remain
unchanged and in full force and effect.
3. This Amendment shall be binding on the parties hereto, including their affiliates, successors and
assigns.
[Signature Page to Follow]
•
IN WITNESS THEREOF, the parties hereto have executed this Amendment as of the day and year
first set forth above.
CITY OF ROUND ROCK, TEXAS EXTEND HEALTH, INC.
By:
Name:
Title:
Date:
SOLNIorwood
By:
Joseph ph J. Mured
Title: Chief Operating Officer
Date: 511 I 70‘1.-