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18-0629_MUFG UNION BANK_Personal Services Agreement First Amendment AMENDMENT NO. 1 TO THE PERSONAL SERVICES AGREEMENT • BETWEEN THE CITY OF SAN JUAN CAPISTRANO AND MUFG UNION BANK, N.A. 1. Parties and Date. This Amendment No. 1 to the Personal Services Agreement is made and entered into as of this 2_ day of June, 2018, by and between the City of San Juan Capistrano, a mu icipal organization organized under the laws of the State of California with its principal place of business at 32400 Paseo Adelanto, San Juan Capistrano, California 92675 ("City") and MUFG Union Bank, N.A., a Corporation, with its principal place of business at 445 So. Figueroa Street, 8th Floor, Los Angeles, CA 90071 (Consultant). City and Consultant are sometimes individually referred to as "Party" and collectively as "Parties." 2. Recitals. 2.1 Consultant. The City and Consultant have entered into an agreement entitled Personal Services Agreement dated July 21, 2015 ("Agreement") for the purpose of retaining the services of Consultant to provide Custodial Banking Services. 2.2 Amendment Purpose. The City and Consultant desire to amend the Agreement to extend the Term of the Agreement. 2.3 Amendment Authority. This Amendment No. 1 is authorized pursuant to Section 2 of the Agreement. • 3. Terms. 3.1 Amendment. Section 2 of the Agreement is hereby amended in its entirety to read as follows: Page 1 of 3 Section 2. Term. This Agreement shall commence on the effective date and shall terminate, and all services required hereunder shall be completed, no later than June 30, 2021, unless earlier terminated as provided herein. 3.2 Continuing Effect of Agreement. Except as amended by this Amendment No. 1, all other provisions of the Agreement remain in full force and effect and shall govern the actions of the parties under this Amendment No. 1. From and after the date of this Amendment No. 1, whenever the term "Agreement" appears in the Agreement, it shall mean the Agreement as amended by this Amendment No.1. 3.4 Adequate Consideration. The Parties hereto irrevocably stipulate and agree that they have each received adequate and independent consideration for the performance of the obligations they have undertaken pursuant to this Amendment No. 1. 3.5 Severability. If any portion of this Amendment No. 1 is declared invalid, illegal, or otherwise unenforceable by a court.of competent jurisdiction, the remaining provisions shall continue in full force and effect. [Signatures on Next Page] Page 2 of 3 SIGNATURE PAGE FOR AMENDMENT NO. 1 TO PERSONAL SERVICES AGREEMENT BETWEEN THE CITY OF SAN JUAN CAPISTRANO AND MUFG UNION BANK, N.A. City of San Juan Capistrano MUFG-UJ ion Bank, N.A. Approved By: J` Fulton, Director f�GBen' in 7 I, C' y Manager obal Trust Services Attested r r P , cJ M n orn-, Clerk Scott Parker, Directo`f Global Trust Services Approved As To Form: Jeffr6y Ballinger, Citi Attorney Page 3 of 3