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AMENDMENT NO. 1 <br />PROFESSIONAL SERVICES AGREEMENT <br />BETWEEN THE CITY OF EVERETT <br />AND MILLMAN, INC. <br /> <br /> This Amendment No. 1 is dated for reference purposes January 15, 2023. It is by <br />and between the City of Everett, a municipal corporation under the laws of the State of <br />Washington (“City”) and Millman, Inc. (“Service Provider”). <br /> <br />RECITALS <br /> <br /> A. The City and Service Provider are parties to the Professional Services <br />Agreement dated January 29, 2021 (the “Agreement”). <br /> <br /> B. The City and the Service Provider desire to amend the Agreement for the <br />purpose of additional work as set forth below. <br /> <br />AGREEMENT <br /> <br />The City and Service Provider agree as follows: <br /> <br />1. The Agreement is modified so that time of beginning and completion are as follows: <br /> <br />Time of Beginning and Completion of Performance: This Agreement shall <br />commence as of the date of execution of this Agreement and shall be <br />completed by April 15, 2024. <br /> <br />2. The Work is modified to add the following to the Work: full actuarial valuations of <br />the City's LEOFF 1 police and fire pension funds as of December 31, 2022, plus <br />updates of such valuations as of December 31, 2023. <br /> <br />3. The Agreement is modified so that total compensation, including all services and <br />expenses, shall not exceed $95,000, which includes $46,000 already paid for prior <br />Work, $39,000 for the valuations as of December 31, 2022, and $10,000 for updates <br />as of December 31, 2023. <br /> <br />4. Regardless of the date(s) on which this Amendment is signed by the parties, and <br />regardless of any Agreement completion date(s) that may have been in the <br />Agreement prior to this Amendment, the parties agree that the Agreement has been <br />continuously in effect since January 29, 2021. <br /> <br />5. This Amendment may be signed in counterparts, each of which shall be deemed an <br />original, and all of which, taken together, shall be deemed one and the same document. <br />Execution of this Amendment by a party shall be legally valid and effective by (i) <br />executing a paper copy, (ii) execution by AdobeSign or DocuSign or other e- <br />signature method, or (iii) transmitting an executed copy by email or otherwise in <br />pdf format or other electronically scanned format. <br />