Addendum to Amended Internal Market Brokerage Services Agreement between Neidiger, Tucker, Bruner, Inc. and CH2M HILL Companies, Ltd.
This addendum, dated June 6, 2014, extends the existing Internal Market Brokerage Services Agreement between Neidiger, Tucker, Bruner, Inc. (NTB) and CH2M HILL Companies, Ltd. for two more years, from July 1, 2014 to June 30, 2016, unless ended earlier as specified in the agreement. It also updates the payment terms, requiring CH2M HILL to pay NTB an annual fee of $230,000, paid in quarterly installments of $57,500 for brokerage services related to internal market trades.
Exhibit 10.1
Addendum to
Amended CH2M HILL Companies, Ltd.
Internal Market Brokerage Services Agreement
This Addendum, dated as of June 6, 2014, is to the Amended Internal Market Brokerage Services Agreement effective as of July 1, 2006, as amended by the Addendum dated June 23, 2010 and the Addendum dated February 11, 2011 and the Addendum dated June 21, 2012 (the Agreement), by and between NEIDEGER, TUCKER, BRUNER, INC., a Colorado corporation, a registered broker-dealer, and a member of NASD (NTB), and CH2M HILL COMPANIES, LTD., formerly an Oregon corporation, but now organized under the laws of Delaware (CH2M HILL).
Based on discussion between the NTB and CH2M HILL on June 3, 2014, it was mutually agreed that the Agreement would be extended for two (2) years starting on July 1, 2014 through June 30, 2016, unless terminated earlier as provided in Article 3.3 of the Agreement.
Article 4.1(a), Quarterly Fee, shall be amended to reflect that CH2M HILL will pay NTB US $230,000.00 annually. This fee will be payable quarterly, in US $57,500.00 installments in connection with each Internal Market trade.
Intending to be legally bound, NTB and CH2M HILL have caused this Addendum to the Agreement to be executed by duly authorized officers on the dates below.
| Neidiger, Tucker, Bruner, Inc. |
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Date: June 6, 2014 | /s/ Anthony B. Petrelli |
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| Anthony B. Petrelli |
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| President |
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| CH2M HILL COMPANIES, LTD. |
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Date: | /s/ Steven C. Mathews |
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| Steven C. Mathews |
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| Vice President & Treasurer |