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OSV NY IrC_f@ <br />' 9 <br />n <br />u x <br />•'9D^(FipP`pP'FIFTH AMENDMENT TO AGREEMENT BETWEEN THE CITY OF <br />SUNNY ISLES BEACH AND IAM ELECTRIC, INC. <br />CONTRACT NO.2024-7420 <br />THIS FIFTH AMENDMENT TO THE AGREEMENT between the CITY OF <br />SUNNY ISLES BEACH ("City") and IAM ELECTRIC, INC., a corporation authorized to do <br />business in the State of Florida, whose Federal Employer Identification (FEI) No. is 83-2450520 <br />("Contractor"), executed this day of July, 2026, is made a part of the original Agreement <br />between the City and Contractor, dated January 22, 2024 ("Agreement"), as amended on April 25, <br />2024, on January 16, 2025, on February 20, 2025, and on February 27, 2026, collectively attached <br />hereto as Exhibit "A." The City and Contractor hereby agree as follows: <br />1. THE CONTRACT DOCUMENTS. City and Contractor wish to amend Section 2 of the <br />Agreement, entitled "The Contract Documents" to include and incorporate as part of the Contract <br />Documents, the Contractor's Quote, which is appended hereto as Exhibit "B." <br />2. ADDITIONAL COMPENSATION. City and Contractor also wish to amend Section 5 <br />of the Agreement, entitled "Compensation," to provide additional compensation for an amount not <br />to exceed Three Hundred Forty -Five Thousand Eight Hundred Twenty Dollars and No Cents <br />($345,820.00), plus Fifty -One Thousand Eight Hundred Seventy -Three Dollars and No Cents <br />($51,873.00) for contingency, if necessary, resulting in a total not -to -exceed amount of Three <br />Hundred Ninety -Seven Thousand Six Hundred Ninety -Three Dollars and No Cents ($397,693.00) <br />The additional compensation provided herein will bring the total Agreement not to exceed amount <br />to One Million Two Hundred Twenty -Nine Thousand Six Hundred Ninety -Three Dollars and No <br />Cents ($1,229,693.00). <br />3. OTHER PROVISIONS REMAIN IN EFFECT. Except as specifically modified herein, <br />all terms and conditions of the original Agreement between the parties, dated January 22, 2024, as <br />amended, shall remain in full force and effect. <br />4. CONFLICTING PROVISIONS. The terms, statements, requirements, or provisions <br />contained in this Fifth Amendment shall prevail and be given superior effect and priority over any <br />conflicting or inconsistent terms, statements, requirements, or provisions contained in any other <br />document or attachment, including but not limited to Exhibits "A" and `B." <br />[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] <br />[SIGNATURE PAGE TO FOLLOW] <br />IAM ELECTRIC, INC. — FIFTH AMENDMENT Page I of 5 <br />