CONTRACT 5669B AmendmentAgreement No. 56698
AMENDING AGREEMENT
Customer: City of EI Segundo (CA)
Customer Address:
Contact for Notices to Customer: Juliana Demers
This Amending Agreement is entered into as of September 9 2019, by and between the Customer
("Customer") identified above and Paymentus Corporation, a Delaware Corporation ("Paymentus").
WHEREAS:
A - The parties entered into a Professional Services Agreement and Master Services Agreement dated
February 20, 2019, and numbered by the Customer as Agreement No. 5669 (collectively, the "Agreement").
B - The parties now wish to amend the Schedule A of the Agreement to include additional payment types
and corresponding Paymentus Service Fees.
NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, the receipt and
sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, hereby covenant
and agree as follows:
Schedule A of the Agreement will be amended per Schedule A attached with this Amending Agreement.
Except for the modified Schedule A, as provided in this Amending Agreement, all provisions of the
Agreement remain in full force and effect, un -amended.
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized
representatives
Customer:
By:
Name: ° ofMlin iC v—
Title: e k+t(
Date: JctV Oo t" , a3t 20910
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City of EI Segundo
Paymentus:
By. _....�
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Name: rl4r IPortocaii's
Title: Senior Vice President
Date: January 16, 2020
Agreement No. 56698
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Schedule A — Paymentus Service Fee Schedule
Paymentus Service Fee charged to the Client will be based on the following model:
Absorbed Fee Model
❑ Absorbed Model
❑ Average Bill Amount: $250.00
❑ Paymentus Service Fee per qualified utility rate transaction
• Credit/Debit Card $2.50
• ACH/ eCheck $1.00
• Non-Utility/Non-Qualified /AMEX 2.75%
Note: Maximum Amount per Payment is $25,000. Transaction fees are in increments of $400.
Multiple payments can be made.
Paymentus may apply different limits per transactions for user adoption or to mitigate risks.
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