Consent_to_Assignment_-_Versaterm_-_Signed_-_REDACTED.pdf

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Attached to
Master Agreement AZ|CTR075960
Contract number
CTR075960
Issued by
Arizona

About this file

This document is a Contract Assignment Agreement from the Arizona Department of Administration's State Procurement Office, involving Adashi Systems LLC (the Assignor) and Versaterm Public Safety US, Inc. (the Assignee). The agreement transfers Contract No. CTR065363 for Statewide Fire Incident Management, with the State of Arizona consenting to the assignment effective March 3rd, 2025.

The contract pertains to fire incident management services, with the original contract (CTR065363) being assigned to a new contract number (CTR075960) without modification. The Assignee (Versaterm Public Safety US, Inc.) assumes all obligations of the original contractor, including work quality and performance standards. The assignment is mutually agreed upon, with Adashi Systems LLC's obligations ending on March 3rd, 2025, after which CTR075960 will become the active state contract. Both companies' authorized representatives (John Faulkner, Chief Financial Officer) signed the document on February 27, 2025.

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Text version

Docusign Envelope ID: AF59B590-CDFD-47DB-BFB5-BEAE48BD7047

Katie Hobbs

Governor

ARIZONA DEPARTMENT OF ADMINISTRATION

STATE PROCUREMENT OFFICE

1802 West Jackson Street – Number 100

Phoenix, Arizona 85007

(602) 542-5511

Elizabeth Alvarado-Thorson

Director

Adashi Systems LLC (IV0000065334) hereinafter referred to as the "ASSIGNOR," hereby represents and warrants that the ASSIGNOR desires to assign Contract No. CTR065363 for Statewide Fire Incident Management, hereinafter the “CONTRACT” to Versaterm Public Safety US, Inc. (IV0000005718) hereinafter referred to as the "ASSIGNEE”

ASSIGNOR warrants and represents ASSIGNOR has full right and authority to transfer the CONTRACT and the contract rights upon execution of this document.

THEREFORE, essential to the STATE consenting to the assignment of the Contract from ASSIGNOR to ASSIGNEE, ASSIGNOR and ASSIGNEE represent, warrant, and agree with the STATE to the following statements:

1. ASSIGNEE represents and warrants that:

(a) it has read and understands the terms and conditions of the Contract;

(b) it has thorough knowledge of all work performed by ASSIGNOR under the Contract; and

(c) any remaining work under the Contract can and shall be performed in a timely and satisfactory manner for the remaining Term of the Contract.

2. ASSIGNOR warrants and represents that the CONTRACT is in full force and effect and is fully assignable.

3. ASSIGNOR and ASSIGNEE hereby acknowledge and agree with the STATE that upon the date of signatures that neither ASSIGNOR nor ASSIGNEE have basis for filing any claim against the STATE in connection with the CONTRACT; and that no event has occurred which itself constitutes or would in the future constitute a default under the terms of the

CONTRACT.

4. ASSIGNEE understands and agrees that it shall assume and be responsible for all obligations of ASSIGNOR under the CONTRACT, including but not limited to those pertaining to the quality and workmanship of all work performed by ASSIGNOR, and shall fully warrant such work in accordance with the requirements of the CONTRACT.

5. ASSIGNOR hereby releases and discharges the STATE from any and all claims and liabilities relating to or arising out of the CONTRACT. Further, ASSIGNOR understands and agrees that this consent shall not relieve ASSIGNOR of any of the obligations to be observed and performed by ASSIGNOR under the CONTRACT and that this consent shall not be construed as a waiver or limitation of any right the STATE has or may have against ASSIGNOR, and all rights of the STATE under the CONTRACT and/or under the law are expressly reserved.

As witnessed below the ASSIGNOR and ASSIGNEE have executed this Agreement.

ASSIGNOR: Adashi Systems LLC ASSIGNEE: Versaterm Public Safety US, Inc.

TIN: 45-4967063 TIN: 86-0960454

Taxpayer Identification Number as it appears on IRS Form W-9

Taxpayer Identification Number as it appears on IRS Form W-9

By: 02/27/2025 | 4:33 AM PST By: 02/27/2025 | 4:33 AM PST

Authorized Representative Signature Date Authorized Representative Signature Date

John Faulkner, Chief Financial Officer John Faulkner, Chief Financial Officer

Printed Name / Title Printed Name / Title

Contract No. CTR065363 is without modification and remains on the terms and conditions contained and shall hereinafter be assigned Contract No. CTR075960. The ASSIGNOR’s obligations under the Contract hereby ends by mutual agreement on 3rd day of March, 2025. After this date, the CTR065363 shall be terminated and only CTR075960

Docusign Envelope ID: AF59B590-CDFD-47DB-BFB5-BEAE48BD7047

STATE OF ARIZONA

Arizona Department of Administration State Procurement Office

By: Date: 3/3/2025

Michael Hillebrand Statewide Procurement Manager shall be an active state contract.

The STATE hereby consents to this Assignment to the ASSIGNEE effective as of this 3rd day of March, 2025.

File details come from the government source that posted it. Updated .