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Amendment No. 4 to
Banking Services Agreement 10016-1TN
THIS AMENDMENT NO. 4 TO THE BANKING SERVICES AGREEMENT, 10016-ITN,
(this "Amendment"), is dated as of July 1, 2015 ("Effective Date"), is entered into by and
between Maricopa County, Arizona by and through the Maricopa Board of Deposit and
Maricopa County Treasurer, pursuant to A.R.S. §35-321 and 325 (collectively referred to herein
as the "County") and JPMorgan Chase Bank, NA. a national banking association (referred to
herein as the "Contractor") and amends that certain Banking Services Agreement entered into
by and between the County and the Contractors, dated as of November 3,2010, as amended prior
to the date hereof, for the purchase of banking services (the "Agreement"). All capitalized
terms, not otherwise defined herein, shall have the meanings ascribed to them in the Agreement.
RECITALS
WHEREAS, the County and the Contractor desire to extend the term of the Agreement and
modify certain other provisions thereof, as more particularly described below,
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Contractor and County agree as follows:
AGREEMENT
1. Pursuant to Section 1.2 of the Agreement, the County has elected, and the Contractor has
agreed, to extend the term of the Agreement for an additional one (1) year term, expiring
June 30, 2016, inclusive.
2. All references in the Agreement, including, without limitation, Exhibit B, Scope of Work, to
- the services to be performed, made available or otherwise provided by the Contractor or paid
for by the Contractor, either through application of earnings credits or otherwise, are
modified to remove from such services the following: armored car services, and issuance of
and/or processing for stored value cards, including, without limitation, payroll cards or
reward cards. Each of such services may have been discontinued pursuant to notifications to,
or communications with, the County prior to the Effective Date and nothing contained in this
Amendment shall be construed continuing such services until the Effective Date, if an earlier
termination has occurred prior thereto.
3. Section 6.20 of the Agreement is deleted, inasmuch as it requires compliance with statutes
that have been repealed.
4. The following provisions shall, as of July 1, 2014, supersede and replace any provisions
contained within the Agreement relating to the pledging of collateral to secure the uninsured
balances of County's public funds on deposit with Contractor and any reporting relating
thereto: "Contractor's obligations with respect to the pledging of collateral to secure the
uninsured balances of County's public funds on deposit with the Contractor, and all reporting
with respect to such collateral, shall be in compliance with the requirements of Title 35,
Chapter 10, of the Arizona Revised Statutes, and such rules as have been adopted by the
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Administrator of the collateral pool contemplated thereby or the Treasurer of the State of
Arizona under authority of such statutes, in each case as amended from time to time."
5. Except as specifically modified herein, the Agreement shall continue in full force and effect.
IN WITNESS WHEREOF, this Amendment No. 4 is hereby agreed to by the parties as of the
Effective Date.
CONTRACJ'OR JPMORGAN CHASE BANK, N.A.
CRIZED SIGNATURE
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PRINTED NAME AND TITLE
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DATE
DATE
MARICOPA COUNTY BOARD OF DEPOSIT
CHAIRMAN, BOARD OF DEPOSIT
DATE
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ATTESTED:
CLERK OF THE BOARD
DATE
APPROVED AS TO FORM:
COUNTY AI 1 ORNEY
DATE
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