Contract - Investex II, LLC - 9/23/2021 FIRST AMENDMENT TO THE
ECONOMIC DEVELOPMENT AGREEMENT
BETWEEN THE
ROUND ROCK TRANSPORTATOPM AND ECONOMIC DEVELOPMENT CORPORATION
AND
INVESTEX II,LLC
This First Amendment to Economic Development Agreement ("Amendment') entered into this
2021 (the "Effective Date") by and between the Round Rock Transportation and
(,7Econ1o;mic Development Corporation("TEDCO')and Invcstcx 11,LLC,a Tcxas limited liability company
tex If-).
2 Sq*a6r
RECITALS
WHEREAS,TEDCO and Investex II entered into that certain Economic Development Agreement
("Agreement")as of July 2,2020,and
WHEREAS,Investex it,LLC has assigned the Agreement to Investex,LTD,which is an affiliate
of Investex, II,LLC.and
WHEREAS,pursuant to Sec. 5.1 of the Agreement,such assignment does not require the consent
of TEDCO,and
WHEREAS, the parties wish to amend Sec. 4.1 of the Agreement to extend the deadline for
completion of the Facility;and
WHEREAS, except as amended herein, all of the terms and provisions of the Agreement shall
remain in effect and shall apply to this Amendment.
NOW, THEREFORE, in consideration of the mutual benefits and promises and for other good
and valuable consideration,the receipt and sufficiency of which are hereby acknowledged,the parties agree
as follows:
ARTICLE I
1.1 Section 4.1 of the Agreement is hereby amended to read as follows:
4.1. Construction. Investex intends to construct the Facility on or before December 31,
2022.
00477941
ARTICLE 11
2.1 Investex hereby represents to TEDCO that it has assigned this Agreement to its affiliate,
Investex, LTD. TEDCO hereby acknowledges that pursuant to Sec. 5.1 of the Agreement, its
consent to the assignment is not required.
ARTICLE III
3.1 interpretation. Each of the Parties has been represented by counsel of their choosing in the
negotiation and preparation of this Amendment. Regardless of which party prepared the
initial draft of this Amendment,this Amendment shall,in the event of any dispute,however
its meaning or application, be interpreted fairly and reasonably and neither more strongly
for or against any Party.
3.2 Applicable Law. This Amendment is made, and shall be construed and interpreted, under
the laws of the State of Texas and venue shall lie in Williamson County, Texas.
2 cc) StPle.rvtLvr-
Executed to be effective thisZ day of st,2021.
ROUND ROCK TRANSPORTATOPM AND
ECONOMIC DEVELOPMENT CORPORATION
By: _ A A /'
Craig OirgaVresident
4L.
D as to form
J
Sheets, General Counsel
2
1NVESTEX 11, LLC(Assignor)
• By , its M CLAM
tNVESTEX, LTD(Assignee)
its _
J,
3