No preview available
HomeMy WebLinkAboutECAT24-08 Enterprise Leasing Company of Denver_dba Enterpirse Rent A Car and national Care Rental_first amendment FIRST AMENDMENT TO AGREEMENT BETWEEN EAGLE COUNTY AIR TERMINAL CORPORATION AND ENTERPRISE LEASING COMPANY OF DENVER, LLC THIS FIRST AMENDMENT (“First Amendment”) is effective as 3/31/2024 by and between Enterprise Leasing Company of Denver, LLC d/b/a Enterprise Rent- A-Car and National Car Rental, LLC (hereinafter “Concessionaire”) and Eagle County Air Terminal Corporation, a Colorado non-profit corporation (hereinafter “ECAT”). RECITALS WHEREAS, ECAT and Concessionaire entered into an agreement dated the 1st day of November, 2022 (the “Original Agreement”); and WHEREAS, ECAT and Concessionaire wish to amend the Original Agreement to remove the April MAG and add an August MAG in the amount of the original April MAG; and WHEREAS, Concessionaire has the power and authority to enter into this First Amendment and desires to amend the April MAG due date. NOW THEREFORE, in consideration of the foregoing and the mutual rights and obligations as set forth below, the parties agree as follows: 1. Section 4.2.A of the Original Agreement shall be amended to change the MAG due for the 2023-2024 and 2024-2025 Ski Season to the following: Minimum Monthly Guarantee: A minimum monthly fee payable in advance, as follows: BRAND: Enterprise Rent-A-Car 2023-2024 Ski Season December 2023 $30,012.00 January 2024 $30,012.00 February 2024 $30,012.00 March 2024 $30,012.00 August 2024 $30,012.00 2024-2025 Ski Season December 2024 $30,012.00 January 2025 $30,012.00 February 2025 $30,012.00 March 2025 $30,012.00 August 2025 $30,012.00 BRAND: National Car Rental 2023-2024 Ski Season December 2023 $30,012.00 January 2024 $30,012.00 DocuSign Envelope ID: E6AF564C-79C0-4184-BF5C-7E2D8EDF5B25 February 2024 $30,012.00 March 2024 $30,012.00 August 2024 $30,012.00 2024-2025 Ski Season December 2024 $30,012.00 January 2025 $30,012.00 February 2025 $30,012.00 March 2025 $30,012.00 August 2025 $30,012.00 2. Capitalized terms in this First Amendment will have the same meaning as in the Original Agreement. To the extent that the terms and provisions of the First Amendment conflict with, modify or supplement portions of the Original Agreement, the terms and provisions contained in this First Amendment shall govern and control the rights and obligations of the parties. 3. Except as expressly altered, modified and changed in this First Amendment, all terms and provisions of the Original Agreement shall remain in full force and effect, and are hereby ratified and confirmed in all respects as of the date hereof. 4. This First Amendment shall be binding on the parties hereto, their heirs, executors, successors, and assigns. IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to the Original Agreement the day and year first above written. EAGLE COUNTY AIR TERMINAL CORPORATION By: Matt Scherr, President Attest: By: Jeff Shroll, Secretary CONCESSIONAIRE By: Print Name: Title: DocuSign Envelope ID: E6AF564C-79C0-4184-BF5C-7E2D8EDF5B25 Jared Thompson Vice President / General Manager