HomeMy Public PortalAboutEagles Nest Vendor AgreementFIRST AMENDMENT TO VENDOR AGREEMENT
This First Amendment to Vendor agreement is made effective as of August 1, 2023,
between Crestview Unlimited, Inc., as successor by assig.nment to GI, . ervices, LLC, a Kansas
limited liability company ("Manager") and tc-k) cs %) aarttviwtki (J(as successor
by assignment to The Crossing at Blackwatcr, LLC, a Florida limited liability company
("Vendor").
WITNESSETH:
WHEREAS, Manager and Vendor desire to document and evidence certain modifications
to that certain Vendor Agreement dated as of September 14, 2021, between GL Services, LLC, and
The Crossing Blackwater, LLC (the "Vendor Agreement").
NOW, THEREFORE, in consideration of the premises it is mutually agreed between the
parties as follows:
1. The current parties to the Vendor Agreement are Crestview Unlimited, Inc. and
otcilt--N4, VAC
2. Paragraph 3 of the Vendor Agreement is deleted in its entirety and replaced with
the following paragraph:
3. Term. Manager hereby authorizes the use of the demised
premises unto the Vendor for a period of five (5) years, commencing
on August 1, 2023. Vendor agrees that it will occupy the demised
premises without assigning or subletting said premises.
3. Paragraph 5 of the Vendor Agreement is deleted in its entirety and replaced with
the following paragraph:
5. Fee. In consideration of the operation of the demised
premises Vendor agrees to take and occupy said demised premises
as Vendor and pay a fee for said demised premises to Manager. The
fee shall be a base fee of $2,500 per month plus a variable fee of 5%
of gross sales up to a total of $2,500 per month, such that the total
fee shall not exceed $5,000 nor be lower than $2,500 per month.
The base monthly fee shall be due on the 1st day of each month and
shall be late if not paid by the 10th day of each month. The variable
fee shall be due on the 1n day of the second month following the
monthly period for which the variable fee is due (i.e., 5% of gross
sales made in January, up to a total of $2,500, is due on or before
March 1). "Gross sales" are all revenue generated by food and
beverage sales.
4. Paragraph 17 of the Vendor Agreement is deleted in its entirety and replaced with
the following paragraph:
17. Notices. Any and all notices required or desired to be served
by either party shall be in writing and seeded to have been
sufficiently served if the same shall have been deposited in the
United States Postal Service, postage prepaid, certified and
addressed to the parties at the following addresses:
As to Manager:
Crestview Unlimited, Inc.
Attn: City Manager
198 N. Wilson St.
Crestview, FL 32536
As to Vendor:
t at00'‘-1�LC
Either party may change its address for purposes of notice by
notifying the other party in writing as to such new address as
Manager or Vendor may desire to use and said new address shall
continue as the address until further written notice.
5. All other provisions of the Vendor Agreement shall remain in effect, unmodified.
IN WITNESS WHEREOF, the parties have duly executed the foregoing instrument as of
the date set forth in the opening paragraph.
MANAGER:
Crestview Unlimited, Inc.
By:
Bolduc, Manager j
VENDOR:
[Company Name]
By: Comae Yo
[Title]
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