09/20/1988 AMENDMENT TO AGREEMENT
FOR RISK MANAGEMENT AND INSURANCE CONSULTING SERVICES
THIS AMENDMENT is made and entered into this ir0?4 day of
Sapf b t,r , 1988, by and between the BOARD OF COUNTY
COMMISSIONERS OF MONROE COUNTY, FLORIDA, hereinafter called the
"CLIENT," and STANFORD & CO., whose address is 100 Second Avenue
South, Suite 205, St. Petersburg, Florida 33701, hereinafter
called the "CONSULTANT." The parties, having entered into a
certain written Agreement for Risk Management and Insurance
Consulting Services, itself dated August 2, 1988, and now
desiring to amend that written Agreement, do hereby agree that
the terms of that written Agreement are modified, so that the
CONSULTANT shall be required to maintain, and shall maintain,
professional liability insurance coverage in at least the minimum
amount of Five Hundred Thousand ($500,000.00) Dollars at all
times during which the CONSULTANT is providing services to the
CLIENT, and, if such coverage is on a claims basis, maintain such
coverage, either through the use of a claims -made contract or
discovery provision, for a period of at least three (3) years
after the termination of the provision of services by the CONSUL-
TANT to the CLIENT. It is the intention of the parties to
relieve the CONSULTANT of the requirement to maintain such
coverage in a minimum amount of One Million ($1,000,000.00)
Dollars, as provided in the Agreement dated August 2, 1988.
In all other aspects, the Agreement dated August 2, 1988,
remains in full force and effect.
IN WITNESS WHEREOF, the parties hereto have duly executed
this amendment on the day and year first above written.
•
STANFORD & CO.
By
(SEAL)
Attest:
Secretary
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