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HomeMy WebLinkAboutC-9322-2 - Assignment Agreement and Amendment No. One (to the Independent Contractor Agreement Recreation Instructor)N r� ro T ASSIGNMENT AGREEMENT AND AMENDMENT NO. ONE ' BETWEEN THE CITY OF NEWPORT BEACH V AND NEWPORT SPORTS ACADEMY GLOBAL LLC THIS ASSIGNMENT AGREEMENT AND AMENDMENT NO. ONE (to be referenced as "Assignment" or "Amendment No. One") is made and entered into as of this 14th day of October, 2024 ("Effective Date"), by and between the CITY OF NEWPORT BEACH, a California municipal corporation and charter city ("City"), Newport Sports Academy, a California nonprofit corporation ("Assignor'), whose address is 20192 Bayview Ave., Newport Beach, CA 92660, and Newport Sports Academy Global LLC, a California limited liability company ("Assignee"), whose address is 3366 Spectrum, Irvine, CA 92618, and is made with reference to the following: RECITALS A. On April 20, 2023, City and Assignor entered into an Independent Contractor Recreation Instructor Agreement ("Agreement"), to provide the classes or programs in Sports - Volleyball ("Class or "Program"). B. The parties desire to enter into this Assignment to assign the rights under the Agreement from Assignor to Assignee. C. In addition, the parties desire to enter into this Amendment No. One to extend the term of this Agreement. NOW, THEREFORE, it is mutually agreed by and between the undersigned parties as follows: 1. ASSIGNMENT As of the Effective Date of this Assignment, Assignor wishes to assign all of the rights, title, interest, and obligations of the Agreement through this Assignment, and Assignee accepts all of the rights, title, interest, and obligations of the Agreement in this Assignment and assumes, agrees and undertakes to perform all obligations of Assignor pursuant to the Agreement through this Assignment. As of the Effective Date of this Assignment, any reference to Newport Sports Academy, in the Agreement, shall be deemed to be a reference to Newport Sports Academy Global LLC. As of the Effective Date of this Assignment, Assignor shall have no further rights of any kind whatsoever under the Agreement. 2. TERM Section 1 of the Agreement is amended in its entirety and replaced with the following: The term of this Agreement shall commence on the Effective Date, and shall terminate on December 31, 2027, unless terminated earlier as provided herein. 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. [SIGNATURES ON NEXT PAGE] Newport Sports Academy Global LLC 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: /0042yzi( B ✓Aaron C. Harp tiN City Attorney X, ATTEST - Date: . Date:U q A BrownBy: (7�&-ALJFA City Clerk CITY OF NEWPORT BEACH, a California municipal corporation Date: t//-7/2 Ll By: S6dnL Recreation & Senior Services Director ASSIGNOR: NEWPORT SPORTS ACADEMY, a California nonprofit Date: Signed in Counterpart By: Sajad Dehnavi Director Date: Signed in Counterpart By: Zulema Yamileth Mclntosch Estrada Director ASSIGNEE: NEWPORT SPORTS ACADEMY GLOBAL, LLC, a California limited liability company Date: Signed in Counterpart By: Sajad Dehnavi Managing Member [END OF SIGNATURES] Newport Sports Academy Global LLC Page 3 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: /n/(o,1126�/-1( B: (✓Aaron C. Harp City Attorney ATTEST: Date: No Leilani I. Brown City Clerk CITY OF NEWPORT BEACH, a California municipal corporation Date: -31 Sean Levin Recreation & Senior Services Director ASSIGNOR: NEWPORT SPORTS ACADEMY, a California nonprofit Date: ,.� I� -� By. Sajad Dehn i Director Date: 0 (?� UA By: Zulema Yamileth Mclntosch Estrada Director ASSIGNEE: NEWPORT SPORTS ACADEMY GLOBAL, LLC, a California limited liability company Date: io 1119-q By --- Lam— Sajad Dehnav� Managing Member [END OF SIGNATURES] Newport Sports Academy Global LLC Page 3 Name: Newport Sports Academy A Account Number: FV00000987 Address- 20192 Bayview Ave, Newport Beach, CA, 92660 Status: Compliant with Waived Deficiencies.