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<br />98 <br /> <br />STATE OF TEXAS <br /> <br />COUNTY OF HAYS <br /> <br />AMENDMENT NO.1 <br />PROFESSIONAL SERVICES AGREEMENT WITH <br />PATTERSON CAPITAL MANAGEMENT, LP <br />FOR INVESTMENT ADVISORY SERVICES <br /> <br />The City of San Marcos (the "City"), 630 E. Hopkins, San Marcos, Texas 78666 and <br />Patterson Capital Management, L.P. (the "Consultant"), 301 Congress Avenue, Suite 570, <br />Austin, Texas 78701, agree to amend the current contract for the provision of professional <br />investment advisory services dated March 22,2005 as follows: <br /> <br />Amend Section 9.2 of Article 9, Insurance and Indemnity, to reduce the required level of <br />errors and omissions and fiduciary liability insurance coverage to cover lawful claims arising in <br />connection with the Consultant's services from the combined single limit of $10,000,000.00 to a <br />combined single limit of$5,000,000.00. <br /> <br />All remaining terms and conditions of the original agreement shall remain in full force <br />and effect for the duration of this agreement. <br /> <br />By the signing of this amendment, the parties understand and agree that this amendment shall <br />become a part of the agreement identified above. <br /> <br />This amendment is effective this <br /> <br />18th <br /> <br />day of July, 2006. <br /> <br />By: <br />Dan O'Leary, City <br /> <br /> <br />Patterson Capital Management, LP <br />dba ~on and A ciales <br /> <br />BY:~ . <br />f) n <br />illJOIl ffi71TfJeSOIJ 'fees fDe.t\.- -r <br />.- <br />Printed Name, Title <br /> <br /> <br />City of San Marcos <br /> <br />Patterson amendment 1# <br /> <br />1 <br />