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HomeMy WebLinkAboutContract 55810-CA1CSC No. 55810-CAl CITY OF FORT WORTH ASSIGNMENT For value, received Findaway World LLC ("Assignor"), hereby assigns to Playaway Products LLC ("Assignee'% all of its right title and interest in and to any and all sums of money now due or to become due from the City ofFort Worth to Assignor under PSK 134401CSCO 55810 (the "Contracts") and Assignee agrees to assume and perform all duties and obligations required by Assignor under the terms of the Contracts. This Assignment constitutes the entire agreement between Assignor and Assignee with respect to the subject matter hereof No modification of any provision of this Assignment shall be effective unless in writing and signed by Assignor and Assignee. This Assignment gnment shall inure to the benefit of and be binding upon Assignor and Assignee and their respective successors and assigns. This Assignment shall be governed by the terms of the original Contracts between Assignor and various other entities and the City of Fort Worth and the laws of the State of Texas, without application of principles of conflicts of law. This Assignment may be executed in one or more counterparts each of which shall be deemed an original but all of which together shall constitute one and the same instrument. Signed signature pages may be transmitted by facsimile or e-mail, and any such signature shall have the same legal effect as an original. Dated the 10" day of 5�ry 2023. Findaway World LLC (Assignor) / `, .° By: �'✓ Print: Dagmara Assistant Secretary Playaway Prod �ts LLC (Assignee) 1. r By: Print: Title: Chief Executive Officer OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Assignment _ Pago � of3 NOTARY ACKNOWLEDGEMENT On the klh day of re �ts� � 2023, personally appeared VCt1thilf1f5j*?L ►1j4,—, who acknowledged to mc'that (s)he is the Assistant Seactary of Findaway World LLC, ("Assignor"), and that (s)he executed this document for the purposes and consideration contained herein. / indawsy World BL Print: Dagmiara �astrx stfii, Assistant Secretary SUBSCRIBED TO before me on this l r day of �- "__, 20D rYf` GRENDAN DEZALIA No c in and for the State of NOTARY PUBLIC -STATE of NEW YORK My commission Expires-, r -Z No-OIDE6338096 Oustitted in Kings County My CO -mission Expires 03.07-2024 NOTARY ACKNOWLEDGEMENT On fhe '�"'` day of `st y 2023, personally appeared rr who acknowledged to me that (s)he is the Chief Financial Officer of Playaway Products LLC, ("Assignee"), and that (s)hc executed this document for the purposes and .......11... consideration contained herein. .�'' � . �0 Playaway Products'' By: Print: Tide: Chief Executist itr SUBSCRIBED TO before me on this J' day ofL 2c?'Ar... DORO`fHY M. WASSON Notary Public, State of Ohio, Cuy. Cty. Notary Public in And for the State of 1le' My commission expires July 23, 20 L.AO My commission Expires: V;j x jp&, Afilignmaut PWi ota CONSENT TO ASSIGNMENT The City of Fort Worth consents to the assignment of Findaway World LLC, ("Assignor") to Playaway Products LLC ("Assignee"), of all its rights, title, and obligation owing and all funds due or to become due to Assignor under PSK 13440/CSCO 55810 as long as all terms required of Assignor in said contracts are met by Assignee. CITY OF FORT WORTH & neq Zeno Regi Id Zeno (Mar 16, 2023 09:24 CDT) Reginal Zeno- Chief Financial Officer Jo Gunn Mar 16, 2023 09:19 CDT) Jo Ann Gunn -Chief Procurement Officer b.0440�nn� o FORT�O9�10 l.goo ATTESTED BY: d°o oo o � rEX Aso�p bIlaabad Jannette Goodall, City Secretary APPROVED AS TO FORM AND LEGALITY: Christopher Mullins (Mar 14, 202316:25 CDT) City of Fort Worth - Assistant City Attorney Contract Compliance Manager: Mar 16, 2023 Date Mar 16, 2023 Date Mar 16, 2023 Date By signing I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all performance and reporting requirements. shyy, Mar 15 2023 Timothy Shida (Mar15,202318:21CDT) 7 Employee Signature/Date Administrative Services Manager Title OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Assignment Page 3 of PLAYAWAY PRE -LOADED PRODUCTS February 9, 2023 To the City of Fort Worth Texas: We are pleased to notify you that as of January 31, 2023, the Playaway Products Group has been acquired by Penguin Random House LLC ("PRH") and as a result, any agreements by and between Findaway World, LLC, an Ohio limited liability company ("Findaway") and third parties (together with all attachments, statements of work and other related agreements, the "Agreement") have been assigned to Playaway Products LLC, a Delaware limited liability company ("Playaway Products"), a wholly owned subsidiary of PRH. The announcement of the transaction is attached. The transaction will not result in any disruption to Playaway Products' operations and it will operate as a standalone company based in Solon, OH. Playaway Products will assume Findaway's obligations under the Agreement and will honor and perform such obligations pursuant to the terms and conditions of the Agreement and the Agreement will continue in full force and effect in accordance with its terms. We greatly appreciate and value our relationship with you and look forward to a continued productive and mutually beneficial relationship. Sincerely, Gene LaMarca CEO. PLAYAWAY PRODUCTS giamarca(ftlayaway com office 440.394.0581, mobile 216.924.7483 Playaway Products, LLC 31999 Aurora Road Solon, Ohio 44139 Playaway.com 00 Creators of Playaway Pre -loaded Products 31999 Aurora Road. Solon, OH 44139 T 877.893.o8o8 F 440.893.o8og playaway.com Request for Taxpayer Give Form to the Form Identification Number and Certification requester. Do not (Rev. October2018) Department of the Treasury send to the IRS. Internal Revenue Service ► Go to www.irs.gov/FormW9 for instructions and the latest information. 1 Name (as shown on your income tax return). Name is required on this line; do not leave this line blank. Playaway Products LLC 2 Business name/disregarded entity name, if different from above M 3 Check appropriate box for federal tax classification of the person whose name is entered on line 1. Check only one of the 4 Exemptions (codes apply only to following seven boxes. certain entities, not Individuals; see a instructions on page 3): o ❑✓ individuaysoie proprietor or ❑ C Corporation ElS Corporation ❑ Partnership ❑ Trustlestate C single -member LLC Exempt payee code (if any) ❑ Limited liability company. Enter the tax classification (C=C corporation, S=S corporation, P=Partnership) ► c Note: Check the appropriate box in the line above for the tax classification of the single -member owner. Do not check Exemption from FATCA reporting +• LLC if the LLC is classified as a single -member LLC that is disregarded from the owner unless the owner of the LLC is code (if any) another LLC that is not disregarded from the owner for U.S. federal tax purposes. Otherwise, a single -member LLC that - IE is disregarded from the owner should check the appropriate box for the tax classification of its owner. v ❑ Other (see instructions) ► MpOie to accmnls maintained outside the U.S.) N5 Address (number, street, and apt. or suite no.) See instructions. Requester's name and address (optional) 31999 Aurora Rd 6 City, state, and ZIP code Solon, OH 44139 7 List account number(s) here (optional) Taxpayer Identification Number (TIN) Enter your TIN in the appropriate box. The TIN provided must match the name given on line 1 to avoid II boetai sevuseculrny numuer backup withholding. For individuals, this is generally your social security number However, fora resident alien, sole proprietor, or disregarded entity, see the instructions for Part I,, later. For other entities, it is your employer identification number (EIN). If you do not have a number, see How to get a TIN, later. or Note: If the account is in more than one name, see the instructions for line 1. Also see What Name and I Employer identification number Number To Give the Requester for guidelines on whose number to enter. 9 2 - 1 1 7 1 9 1 9 1 7 1 2 1 1 GM Certification Under penalties of perjury, I certify that: 1. The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me); and 2. 1 am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the IRS has notified me that I am no longer subject to backup withholding; and 3. 1 am a U.S. citizen or other U.S. person (defined below); and 4. The FATCA code(s) entered on this form (f any) indicating that I am exempt from FATCA reporting is correct. Certification instructions. You must cross out item 2 above if you have been notified by the IRS that you are currently subject to backup withholding because you have failed to report all interest and dividends on your tax return. For real estate transactions, item 2 does not apply. For mortgage interest paid, acquisition or abandonment of secured property, cancellation of debt, contributions to an individual retirement arrangement (IRA), and generally, payments other than interest and dividends, you are not required to sign the certification, but you must provide your correct TIN. See the instructions for Part 11, later. Sign I signatureof -(i' /./:�///!�//�r �e►9 l�� Here U.S. person Do-�/ General Instructions Section references are to the Internal Revenue Code unless otherwise noted. Future developments. For the latest information about developments related to Form W-9 and its instructions, such as legislation enacted after they were published, go to www.irs.gov/FormW9. Purpose of Form An individual or entity (Form W-9 requester) who is required to file an information return with the IRS must obtain your correct taxpayer identification number (TIN) which may be your social security number (SSN), individual taxpayer identification number (ITIN), adoption taxpayer identification number (ATIN), or employer identification number (EIN), to report on an information return the amount paid to you, or other amount reportable on an information return. Examples of information returns include, but are not limited to, the following. • Form 1099-INT (interest earned or paid) • Form 1099-DIV (dividends, including those from stocks or mutual funds) • Form 1099-MISC (various types of income, prizes, awards, or gross proceeds) • Form 1099-B (stock or mutual fund sales and certain other transactions by brokers) • Form 1099-S (proceeds from real estate transactions) • Form 1099-K (merchant card and third party network transactions) • Form 1098 (home mortgage interest), 1098-E (student loan interest), 1098-T (tuition) • Form 1099-C (canceled debt) • Form 1099-A (acquisition or abandonment of secured property) Use Form W-9 only if you are a U.S. person (including a resident alien), to provide your correct TIN. If you do not return Form W-9 to the requester with a TIN, you might be subject to backup withholding. See What is backup withholding, later. Cat. No. 10231X Form W-V (Rev. 10-2018) Delaware Page The First State I, JEFFREY W. BULLOCK, SECRETARY OF STATE OF THE STATE OF DELAWARE, DO HEREBY CERTIFY THE ATTACHED IS A TRUE AND CORRECT COPY OF THE CERTIFICATE OF FORMATION OF "PLAYAWAY PRODUCTS LLC", FILED IN THIS OFFICE ON THE TENTH DAY OF JANUARY, A.D. 2023, AT 4:29 O'CLOCK P.M. 7228749 8100 SR# 20230090182 �■nny w. ewwcN_ S.cVw4ry w swo Authentication: 202474908 Date: 01-11-23 You may verify this certificate online at corp.delaware.gov/authver.shtml CERTIFICATE OF FORMATION OF PLAYAWAY PRODUCTS LLC 1. The name of the limited liability company is Playaway Products LLC. 2. The address of its registered office in the State of Delaware is 1209 Orange Street, Wilmington, Delaware 19801. 3. The name and address of its registered agent is The Corporation Trust Company, 1209 Orange Street, Wilmington, Delaware 19801. IN WITNESS WHEREOF, the undersigned has executed this Certificate of Formation this 10th day of January, 2023. By: %vin (i.&tneb Name: Kevin M. Barnes Title: Authorized Person State of Delaware Secretary of State Division of Corporations Delivered 04:29 PM O1/10/2023 FILED 04:29 PM 0111012023 SR 20230090182 - HeNumber 7228749 ACTION BY UNANIMOUS WRITTEN CONSENT OF THE BOARD OF DIRECTORS OF FINDAWAY WORLD LLC JULY 26, 2022 The undersigned, being all of directors (the "Board") of Findaway World LLC, an Ohio limited liability company (the "Company"), acting pursuant to the Ohio Revised Limited Liability Company Act, as amended from time to time (the "Act"), DO HEREBY CONSENT to t he adoption and DO HEREBY ADOPT the resolutions set forth below with the same force and of feet as if adopted by a vote at a duly convened meeting of the Board on the date first set forth above: WHEREAS, the Company is a party to the Membership Interest Purchase Agreement (the "Purchase Agreement"), by and among the Spotify USA Inc., the Company, and the other parties thereto; WHEREAS, in connection with the execution of the Purchase Agreement and the transactions contemplated thereby, each of the officers of the Company resigned from his or her position as an officer of the Company, effective as of the Closing (as defined in the Purchase Agreement); WHEREAS, pursuant to the Company's Third Amended and Restated Operating Agreement, as amended from time to time (the "Operating Agreement"), the Board has the power to appoint officers of the Company; WHEREAS, in accordance with the Operating Agreement, from time to time, the Board has appointed certain individuals to serve as officers of the Company, to serve until such officer's successor is appointed and qualified, or until such officer's earlier death, resignation or removal and the Board desires to confirm and ratify each of the below -named individual's previous appointment to the office or offices set forth opposite such person's name below, each of whom shall have such duties and powers as from time to time may be assigned to them by the Board (the "Officer Appointments"): Name Paul Vogel Eve Konstan Dagmara Jastrzebska Michael Eubanks Title President, Chief Executive Officer, Chief Financial Officer & Treasurer Vice President & Secretary Assistant Secretary Tax Officer WHEREAS, pursuant to the Operating Agreement, persons may be admitted to the Company as Members upon the approval of the Board; WHEREAS, in connection with the execution of the Purchase Agreement and the transactions contemplated thereby, Spotify USA Inc. purchased all of equity interests of the Company, the Board approved Spotify USA Inc. as the sole Member of the Company and the Board desires to confirm and ratify Spotify USA Inc. as the sole Member of the Company (the "Member Approval"); NOW, THEREFORE, BE IT RESOLVED as follows: RESOLVED, that the Board hereby confirms and ratifies each of the Officer Appointments; and FURTHER RESOLVED, that the Board hereby confirms and ratifies the Member Approval; and FURTHER RESOLVED, that the preparation, execution and delivery of any other necessary documents, and the taking of any other necessary actions, in each case by the Company in connection with the Officer Appointments and the Member Approval be, and hereby is, approved and adopted in all respects. [Signature Pages Follow] N IN WITNESS WHEREOF, the undersigned have executed this written consent as of the date first set forth above. Vogel Eve ACmsty Eve Konstan