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Resolution 2011-31
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Resolution 2011-31
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Last modified
3/21/2023 10:37:41 AM
Creation date
8/9/2011 3:47:05 PM
Metadata
Fields
Template:
City Council Records
Also Known As (aka)
BAP Linerate Systems Inc
Doc Type
Resolution
Signed Date
6/7/2011
Ord/Res - Year
2011
Ord/Res - Number
31
Cross-Reference
BAP ASSIGNED TO F5 NETWORKS MAY 2013
Original Hardcopy Storage
7D5
Record Series Code
45.160
Record Series Name
Resolutions
Supplemental fields
Property Address Street Type
Pl
Test
RES 2011-31
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ASSIGNMENT AND CONSENT <br />BUSINESS ASSISTANCE AGREEMENT FOR <br />LINERATE SYSTEMS, INC. — 285 CENTURY PLACE <br />THIS ASSIGNMENT AND CONSENT ( "Assignment ") is made and entered into <br />between LINERATE SYSTEMS, INC., a Delaware C Corporation, the CITY OF <br />LOUISVILLE, a Colorado home rule municipal corporation (the "City "), and F5 <br />NETWORKS, INC., a Washington Corporation. <br />WHEREAS, on June 7, 2011, the City approved a Business Assistance <br />Agreement with LineRate Systems, Inc. ( "Original Agreement "); and <br />WHEREAS, LineRate Systems, Inc. has been acquired by F5 Networks, Inc.; <br />and <br />WHEREAS, LineRate Systems, Inc. requests the Original Agreement be <br />assigned to F5 Networks, Inc.; and <br />WHEREAS, paragraph 14 of the Original Agreement requires City consent for <br />any assignment; <br />NOW THEREFORE, in consideration of the mutual promises set forth below, the <br />undersigned agree as follows: <br />1. The Original Agreement is hereby assigned to F5 Networks, Inc. <br />2. All rights, duties, obligations and benefits of the Original Agreement are <br />transferred to F5 Networks, Inc. as a result of such assignment. <br />3. Any and all rebate payments hereafter made by the City under the Original <br />Agreement, whether made or accruing for periods before or after execution <br />of this instrument, shall be made payable solely to F5 Networks, Inc. and <br />mailed to it at 401 Elliott Avenue West, Seattle, WA 98119, ATTN: Tax <br />Department. The City shall have no obligation to make payment to any other <br />party. <br />4. The City hereby consents to the assignment herein of the Original <br />Agreement. <br />5. All other terms and conditions of the Original Agreement remain the same. <br />SIGNATURES ON FOLLOWING PAGE <br />1 <br />
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