Attachment 3 - Novation Agreement for CDTFA ATTACHMENT 3
AMENDMENT AND NOVATION AGREEMENT BETWEEN AVENU INSIGHTS & ANALYTICS, LLC.
AND MUNISERVICES, LLC
THIS AMENDMENT AND NOVATION AGREEMENT (the "Novation") is between Avenu
Insights & Analytics, LLC (the “Assigning Party”), and MuniServices LLC, (the “Assuming
Party”) both Delaware limited liability companies, with offices located at 5680 Trinity
Parkway, Suite 120, Centreville VA 20120, and the Town of Los Gatos, an instrumentality
of the State of California, 110 E. Main Street, Los Gatos, CA 95030 (“Remaining Party”),
(together, the "Parties") is entered into this 5th day of March 2021 (the "Novation Effective
Date").
THE PARTIES MUTUALLY AGREE AS FOLLOWS:
The parties intend that this Amendment to that certain Agreement between Avenu Insights & Analytics, LLC. and The Town of Los Gatos, of the state of California, entered into on January 15, 2019 (the “Agreement") as amended, (attached hereto as Exhibit A)
for Sales or Transactions and Use Tax Services to be a novation and that the Assuming Party be substituted for the Assigning Party. The Remaining Party recognizes Assuming Party as Assigning Party’s successor-in-interest in and to the Agreement. By this Agreement, the Assuming Party becomes entitled to all rights, title, and interest of the Assigning Party, in and to the Assigned Agreement in as much as Assuming Party is the
substituted party to the Assigned Agreement as of and after the Effective Date. Remaining Party and Assuming Party shall be bound by the terms of the Assigned Agreement in every way as if Assuming Party is named in the novated Assigned Agreement in place of Assigning Party as a party thereto.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date. ASSUMING PARTY
MUNISERVICES, LLC
By:____________________
Name:_________________
Title:___________________
ASSIGNING PARTY
AVENU INSIGHTS & ANALYTICS, LLC
By_____________________
Name:_____________________
Title:_______________________
REMAINING PARTY TOWN OF LOS GATOS
Attest: By:_________________
By:_____________________
Name:__________________
Title:____________________
EXHIBIT A