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REV: 05-22-2023 RL <br />AMENDMENT NO. 3 TO AGREEMENT FOR SERVICES <br /> (CHERRYROAD TECHNOLOGIES INC.) <br />This Amendment No. 3 (the “Amendment No. 3”) is entered into and effective as <br />of ___________, 2023, by and between the City of Redwood City, a charter city and <br />municipal corporation of the State of California (“City”), and CherryRoad Technologies, <br />Inc., a Florida corporation (“CherryRoad”) (collectively, the “Parties”). <br />RECITALS <br />A. The Parties previously executed that certain Professional Services <br />Agreement, dated as of May 29, 2019, (the “Original Agreement”). <br />B. The Parties previously executed Amendment No. 1 to the Original <br />Agreement (“Amendment No. 1”) dated as of June 11, 2020 and Amendment No. 2 to the <br />Original Agreement (“Amendment No. 2”), dated as of April 12, 2021, (the “Original <br />Agreement” and “Amendments Nos. 1 and 2” are collectively known as the “Agreement.”) <br />C. This Amendment No. 3 will serve as a change in terms to the Original <br />Agreement as amended by Amendments No. 1 and 2, as more particularly described in <br />Exhibit A, incorporated herein by reference. <br />NOW, THEREFORE, in consideration of these recitals and the mutual covenants <br />contained herein, the Parties agree as follows: <br />1. Parties agree to remove the services associated with Phase 3 of the <br />Agreement as described in Change Order No. 4, and more particularly described in <br />Exhibit A. <br />2. City will pay CherryRoad a not-to-exceed amount of Two Hundred Forty-Two <br />Thousand Five Hundred Dollars ($242,500) for the completion of all the <br />services described Exhibit A, which sum will include all costs or expenses <br />incurred by CherryRoad. Including all amendments through Amendment No. <br />3, the total amount payable under the Agreement will be a not-to-exceed <br />amount of Five Million Nine Hundred Twenty Eight Thousand Nine Hundred <br />Ninety Eight Dollars ($5,928,998). <br />3. Unless terminated earlier, this Amendment No. 3 will terminate on June 30, <br />2025. Including all amendments, through Amendment No. 3, the total term of <br />this Agreement is approximately five years and eleven months from the <br />Effective Date of this Agreement. <br />4. All other provisions of the Agreement will remain in full force and effect. <br />5. All requisite insurance policies to be maintained by CherryRoad pursuant to <br />ATTY/AGR.2023/Amend.No.3/CherryRoad Technologies Inc. (CherryRoad Amendment No. 3) (Page 1 of 9) <br />Jun 23, 2023