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HomeMy WebLinkAboutDavis Farr LLP; 2015-08-04;ASSIGNMENT AND ASSUMPTION AGREEMENT BETWEEN THE CITY OF CARLSBAD AND DAVIS FARR LLP FOR AUDITING SERVICES THIS ASSIGNMENT AND ASSUMPTION AGREEMENT ("Assignment Agreement") is made and entered into this day of AutgusC 2015, by and between the CITY OF CARLSBAD, a municipal corporation ("City"), Mayer Hoffman McCann, a Missouri Professional Corporation ("Assignor") and Davis Farr LLP, a California Limited Liability Partnership, ("Assignee"), and is made with reference to the following facts: RECITALS A. On April 10, 2012, the City and Assignor entered into that certain Professional Services Agreement for auditing services, (the "Agreement"). B. Paragraph 24 of the Agreement allows Assignor to assign rights and obligations under the Agreement upon written approval of the City. C. Assignor desires to assign its interest in the Agreement to Assignee. Further, Assignee desires to accept assignment of Assignor's interest in the Agreement and City consents to the assignment of the interest in the Agreement from Assignor to Assignee. NOW THEREFORE, incorporating the above recitals and in consideration of the covenants and obligafions set forth herein, the parties hereto agree as follows: 1. Assignment. Assignor hereby assigns to Assignee all of Assignor's rights and obligafions as set forth in the Agreement. 2. Assumption. Assignee hereby assumes all of Assignor's rights and obligations as set forth in the Agreement. 3. Citv Consent. City hereby agrees and consents to the assignment of all of Assignor's rights and obligations as set forth in the Agreement to Assignee. 4. General Terms and Condifions. The following general terms and conditions shall apply to this Assignment Agreement. 4.1 Hold Harmless. In addition to the hold harmless provisions contained within the Agreement, and except as to the sole negligence, or willful misconduct of City, Assignee shall defend, indemnify and hold the City, its officers and employees, harmless from any and all loss, damage, claim for damage, liability, expense or cost, including attorney's fees, which arises out of or is in any way connected with this Assignment Agreement, notwithstanding that City may have benefitted from this Assignment Agreement. The hold harmless provision shall apply to any acts or omissions, willful misconduct or negligent conduct, whether active or passive, on the part of Assignee. The parties expressly agree that this section shall survive the expiration or eariy terminafion of this Agreement. CA 4/1/13 4.2. Counterparts. This Assignment Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which, together, shall consfitute one and the same instrument. 4.3. Successors and Assigns. It is mutually understood and agreed that this Assignment Agreement shall be binding upon City, Assignor and Assignee and their respective successors. Neither this Assignment Agreement nor any part hereof nor any monies due or to become due hereunder may be assigned by Assignee without the prior consent of City. 4.4. Governing Law. This Assignment Agreement shall be governed by, interpreted under, and construed and enforced in accordance with, the laws ofthe State of California. 4.5. Venue. Any acfion at law or in equity brought by either of the parties hereto for the purpose of enforcing a right or rights provided for by this Assignment Agreement shalt be tried in a court of competent jurisdicfion in the County of San Diego, State of California, and the parties hereby waive all provisions of law providing for a change of venue in such proceedings to any other county. 4.6. Notices. Service of any notices, bills, invoices or other documents required or permitted under this Assignment Agreement shali be sufficient if sent by one party to the other by United States mail, postage prepaid and addressed as follows: City: City Manager City of Carisbad 1635 Faraday Avenue Carisbad, CA 92008 Assignor: Mayer Hoffman McCann P.C. 700 W. 47"^ Street Suite 1100 Kansas City, MO 64112 Attn: General Counsel Assignee: Davis Farr LLP 2301 Dupont Drive Suite 200 Irvine, CA 92612 4.7. Nondiscrimination. During the term of this Assignment Agreement, the parties shall comply with the state and federal laws regarding non-discrimination. 4.8 Authoritv. The parties execufing this Assignment Agreement on behalf of City, Assignor and Assignee each represent and warrant that they have the legal power, right and actual authority to bind the City, Assignor and Assignee, respectively, to the terms and conditions hereof. CA 4/1/13 4.9 Severability. Each provision, term, condition, covenant, and/or restricfion, in whole and in part, in this Assignment Agreement shall be considered severable. In the event any provision, term, condition, covenant, and/or restricfion, in whole and in part, in this Assignment Agreement is declared invalid, unconstitutional, or void for any reason, such provision or part thereof shall be severed from this Assignment Agreement and shall not affect any other provision, term, condifion, covenant, and/or restriction, of this Assignment Agreement and the remainder of this Assignment Agreement shall continue in full force and effect. 4.10 Effective Date. This Assignment Agreement shall be effective upon the date and year first above written. ASSIGNOR: Mayer Hoffman McCann P.C ''By: %^/i<:a^ TI (sign here) (print name/title) -By: //MA^-f^o^ (sign here) (print name/title) 1 ASSIGNEE: Davis Farr LLP *By: 'By: (print narri^/litle)^,^ (sign here) (print name/title) CITY OF CARLSBAD, a municipal corporatipiTTbf ther^t^tQ of/California By: j/c.-^ ^.f^ City Manjg GaH=y-BaT-berio ATTEST: BARBARA ENGLESON City Clerk If required by City, proper notarial acknowledgment of execution by contractor must be attached. If a Corporation, Agreement must be signed by one corporate officer from each of the following two groups: *Group A. Chairman, President, or Vice-President **Group B. Secretary, Assistant Secretary, CFO or Assistant Treasurer Otherwise, the corporation must attach a resolution certified by the secretary or assistant secretary under corporate seal empowering the officer(s) signing to bind the corporation. (Remainder of Page Intentionally Left Blank) CA 4/1/13 APPROVED AS TO FORM: CELIA A. BREWER, City Attorney By: Sr. Assistant City Attorney City Attorney Approved Version #04,01.02