HomeMy WebLinkAboutTown of Los Altos HillsConsent to Assignment of Security Services Agreement
CUSTOMER:
Town of Los Altos Iflls
SECURITY SERVICES
April 1, 2023
AGREEMENT DATE:
LOCATION(S) OF
Towr7 of Los Altos Hills
SERVICES:
Pursuant to the Security Services Agreement described above (the "Agreement'), Genesis Private Security,
Inc ("Genesis") provides security services to the Customer described above (the "Customer") at the
localion(s) described above.
Genesis has entered into an asset purchase agreement dated for reference March 12, 2024 (the "APA 11)
with PalAmerican Security (Silicon Valley) Inc. (" PalAmerican" ), under which Genesis will assign all of its
security services agreements, including the Agreement, to PalAmerican.
Under the terms of the Agreement, the proposed assignment of theAgreementto PalAmerican requires the
prior consent of the Customer, and Genesis has requested the Customer's consent to transfer the
Agreement to PalAmerican.
In order to provide the Customer's consent, and for the consideration in the sum of one dollar 01,00) which
the Customer agrees is sufficient, the Customer hereby agrees as follows:
The assignment of the Agreement by Genesis to PalAmerican, effective on the effective date of the
closing under the APA (the "Effective Date"), is consented to;
Effective on the Effective Date, all references in the Agreement to Genesis as service provider are
hereby amended to refer to PalAmerican; and
3. The terms and conditions of the Agreement are otherwise unchanged and remain in full force and
effect, with PalAmerican as the responsible contractor party from and after the Effective Date.
PalAmerican will confirm the Effective Date to the Customer, following the closing of the APA, If closing of
the APA does not occur for any reason, Genesis will so inform the Customer and this Consent will be of no
further force or effect.
Date:
Sinned
4862489.61270
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