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HomeMy WebLinkAboutC-7470-3 - Assignment Agreement (for On-Call M/RSA for Maitnenance and Repair of Varible Frequency Drives and Soft Starts Manufactured by Toshiba)N i O )-' ASSIGNMENT AGREEMENT S BETWEEN THE CITY OF NEWPORT BEACH AND Ir SULZER ELECTRO -MECHANICAL SERVICES (US) INC. (� THIS ASSII�gVT AGREEMENT ("Assignment') is made and entered into as of this g0 -day of r 2020 ("Effective Date"), by and between the CITY OF NEWPORT BEACH, a California municipal corporation and charter city ("City") and SULZER ELECTRO -MECHANICAL SERVICES (US) INC., a Delaware corporation ("Sulzer'), whose address is 1910 Jasmine Drive, Pasadena, Texas 77503, and is made with reference to the following: RECITALS A. On June 16, 2018, City and Brithinee Electric, a California corporation ("Brithinee") entered into an On -Call Maintenance/Repair Services Agreement for maintenance and repair services of variable frequency drives and soft starts manufactured by Toshiba, commencing on June 16, 2018, and terminating on June 15, 2021 ("Agreement'). B. Pursuant to the Agreement, City agreed to compensate Brithinee for services on a time and expense basis, not to exceed One Hundred Twenty Thousand Dollars and 00/100 ($120,000.00). C. The parties desire to enter into this Assignment to assign the rights under the Agreement from Brithinee to Sulzer. NOW, THEREFORE, it is mutually agreed by and between the undersigned parties as follows: 1. ASSIGNMENT As of the Effective Date, Sulzer hereby accepts such assignment and hereby assumes, agrees and undertakes to perform all obligations of Brithinee pursuant to the Agreement as of the Effective Date. Any reference to Brithinee and/or Contractor in the Agreement, shall be deemed to be a reference to Sulzer. As of the Effective Date, Brithinee shall have no further rights of any kind whatsoever under the Agreement. 2. CITY CONSENT TO ASSIGNMENT Pursuant to Section 17 of the Agreement, City approves of this Assignment. 3. INTEGRATED CONTRACT Except as expressly modified herein, all other provisions, terms, and covenants set forth in the Agreement shall remain unchanged and shall be in full force and effect. 4. COUNTERPARTS This Assignment may be executed in two (2) or more counterparts, each of which shall be deemed an original and all of which together shall constitute one (1) and the same instrument. [SIGNATURES ON NEXT PAGE] Sulzer Electro -Mechanical Services (US) Inc. Assignment Agreement Page 2 IN WITNESS WHEREOF, the parties hereto have executed this Assignment Agreement on the date first above written. APPROVED AS TO FORM: CITY ATTORNEY'S OFFICE Date: -1-/(Q/20 CITY OF NEWPORT BEACH, a California municipal corporation Date: 3 — 3 -,� 0)�O By: By: on C. Harp PALO Z'19• to Gr ce X. Leung City Attorney C y anager ATTEST: Date: M zw By: A6 I Leilani I. Brown City Clerk BRITHINEE ELECTRIC, a California corporation Date: /Z b OZv By: Gi/66t,.e O Wallace P Brithinee Chief Executive Officer Date: �- W 1 ��C7 By: "` '49 ° e, �6�. Donald P. Brithinee Secretary SULZER ELECTRO -MECHANICAL SERVICES (US) INC., a Delaware corporation Date: S 2-0 20 By: �F 6E � Jim Ougford Chief Executive Officer By: -Kyv-eA Melissa Turner Chief Financial Officer / Controller [END OF SIGNATURES] Sulzer Electro -Mechanical Services (US) Inc. Assignment Agreement Page 3