CONTRACT 5889A Amendment CLOSEDAgreement No. 5889A
RETIREMENT PLAN CONSULTING SERVICES AGREEMENT
BETWEEN THE CITY OF EL SEGUNDO
AND
SFG RETIREMENT PLAN CONSULTING, LLC
AMENDMENT #1
In consideration of the mutual undertakings in this Amendment Agreement ("Amendment") and for other
good and valuable consideration, the Agreement between SFG Retirement Plan Consulting, LLC ("SFGRPC")
and the City of F -I Segundo ("Client") which was executed by the parties with an effective date of September 1,
2019 is hereby amended by mutual agreement, with an effective date of Match 16, 2020 as follows:
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21. Indemnification.
A. SFG-RPC agrees to the following:
Indpimifin-ation for N?jerflunal Services. SFG R.PC will save harrydess and indernnii�,7 and at
Client's request rellnburse defense costs for Client and all its officers, volunteers,
employees and representatives from and against any and all. suits, actions, or claims, of
any character whatever, brought for., or on account of, any injuries or damages
sustained by any person or property resulting or arising from any negligent or
wrongful act, error or ornission by SFGRPC or any of SFGRPC's officers, agents,
employees, or representatives, in ffic performance of this Agreement, except for such
loss or damage arising from Client's sole negligence or willful misconduct.
Indemn#kation for od holds Client harmless fro
and against any claim, action, damages, costs (including, withouL limitation, attorrie,
fees), injuries, or liability, arising out of this Agreement, or its performance, except
such loss or damage arising from Client's sole negligence or %illful miscondu
Should Client be named in any suit, or should any claim be brought against it b)F s
or otherwise, whether the same be groundless or not, arising out of this Agreemie
orlts performance, SFGRPC will defend Client (at Client's request and with couns
satisfactory to Client) and will indemillify Client for any Judgment rendered against
or any sums paid out in settlement at otharwise,
B, For purposes of this section "Client" includes Client's officers, officials, employees, agents,
.representatives, and certified volunteers.
C, It Is expressly understood and agreed that the foregoing provisions will survive termination
of this Agreement.
D The requirements as to the types and 1 -nits of 'insurance coverage to be maintained by
SFGRPC, and any approval of said insurance by Client, are not intended to and will not in
any tnannet limit or qualify the liabilities and obligations other -vise assumed by SFGRI-'C
pursuant to dais Agreement, Including, without limitation, to the provisions concerning
indemnification.
um
Agreement No. 5889A
22. Insurance.
A. Before commencing performance under this Agreement, and at all other times this AgreernenL
is effective, SFGRPC -,vill procure and maintain the following types of 'insurance with
coverage -Limits complying, at a minitaura, with the litnits set forth. below:
L 1�,L1L,,uLc—e Limits
Corninerchd general liability $2,000,000
Professional Liability $1,000,000
Workers compensation Statutory requirement
B. Commercial general liability insurance will meet or exceed tlie requirements of the most
recent ISO -CGL. Form. The amount of insurance set ford) above -,Arlll be a combined single
t per occurrence for bodily injury, personal injury, and property damage for the policy
coverage. Liability policies will be endorsed to name Client, its officials, and employees as
"additional insureds" under said insirrance coverage and to state that such insurance will be
deemed "primary" such that any other Insu-tance that may be carried by Client will be excess
thereto. Such endorsement must be reflected on ISO Form No. CG 20 10 11 85 or 88, or
equivalent. Such insurance will be on an "occurrence," not a "claims made," basis and ,vifl-
not be cancelable or subject to reduction except upon thirty (30) days prior written notice to
Client.
C Professional liability coverage will be on an "occurrence basis" if such coverage is available,
or on a "claims made" basis if not available. When coverage is provided on a "claitris made
basis," SFGRPC will continue to renew the insurance for a period of three (3) years after this
Agreement expires or is terminated. Such insurance will have the same coverage and Ernits; as
the policy that was in effect during the term of tEds Agreement and will cover SFGRPC for all
claims made by Client arising out of any errors or omissions of SFGRPC, or its officers,
employees or agents during the tiirne this Agreement was in effect.
U SFGRPC will furnish. to Client duly authenticated Certificates of Insurance evidencing
maintenance of the insurance required under this Agreement and such other evidence of
Insurance Or Copies of policies as may be reasonably required by Client from time totim.e.
Insurance must be placed with insurers with a current A.M. Best Company Rating equivalent
to atleast. a Rating of "A--VIL"
E Should SFGRPC, for any reason, fail to obtain and maintami the insurance required by this
Agreernerit, Client may obtain such coverage at SFGRPC's expense and deduct the cost of
such insurance from payments due to SFGRPC under this Agreement or terminate.
Signatures on next page
Agreement No. 5889A
Except as set forth in this Amendment, the Agreement is unaffected and shall continue in full force and effect
in accordance with its terms. If there is a conflict between this Amendment and, the Agreement, the terms of
this Amendment will prevail.
Client: City of El Segundo
-J"
Signature
Name, Title
Date
KTE
Cr Clerk
City of El Segundo
AFr,11V'Q'v'ED 'AaS TO FORM;
fnr
CITY AATIMRIVEy
SFG Retirement Plan Consulting, LLC
�atuxe
Mark Shuster, Managing Member
Date
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