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06/16/1987 AgreementAMENDMENT TO EMPLOYMENT AGREEMENT THIS AMENDMENT entered into this date by and between MONROE COUNTY FINE ARTS COUNCIL and BAKARDJIEV AND ASSOCIATES, INC. is amending the original AGREEMENT between the same two parties entered into January 21, 1986 and ratified by Resolution No. 007-1986. The AMENDMENTS shall read as follows: l.g) To carry out the policies and procedures established by the MCFAC in Ordinance #6-1980. l.h) Attend monthly meetings with council and/or associate members from the middle and upper keys. 2.b) During each successive year of the initial term of this agreement, and all renewal terms of this agreement MCFAC shall pay to Associates an amount equal to 37 1/2 percent of MCFAC's administrative budget, not to exceed fifty thousand dollars ($50,000) payable in twelve equal monthly installments. The twelve monthly installments shall be based on the initial budget and adjusted in the twelfth month in accordance with the final budget. 2.e) This contract shall be automatically renewed for an additional period of two (2) years unless either party shall give notice in writing of their intention not to renew, to the other party not less than six (6) months. 7. In the event, for any reason, PARVAN BAKARDJIEV is unable to act as General Director of MCFAC, as set forth herein, Associates shall provide a suitable replacement satisfactory to the Council, or MCFAC shall have the right to cancel this Agreement. IN WITNESS WHEREOF, the parties hereto have executed this Amendment in duplicate originals, this 16 day of June . 1987. MONROE COUNTY FINE ARTS COUNCIL BY: �y�a,.J . • .� CHARLES F. TROXEL, J ., CHAIRMAN BAKARDJJ,- `V Aj" ASSOCIAW, INC BY: 'ARVAN BAKARDJIEV, PRE&IDENT flotary Pub?ic,-Stste of f?orida_. My Commissicn Ex," -;es Scrt. 20, 1987 6ondod Ihru Ttoy 'ran - irowence, Jacy.. - .