Amendments and Changes in Key Personnel. (a) The terms of the Assistance Agreement may be amended, modified, or supplemented by the mutual written consent of the parties hereto.
(b) If the Recipient replaces its Executive Director, Chief Financial Officer, the Board Chairperson or equivalent leadership official, the Recipient must notify the CDFI Fund in writing via a Material Event Form. The form should be submitted via a Service Request through the Recipient’s AMIS account, and receive approval from the CDFI Fund for such change pursuant to 2 CFR 200.308(c)(1)(ii) of the Uniform Requirements within 30 days of the occurrence.
(c) If the Recipient proposes to make an amendment to Performance Goals, Annual Report due dates, and/or make pre-noncompliance amendments during the Period of Performance, amendment requests must be received by the CDFI Fund in writing with all required documentation. The Recipient must include justification for the amendment when it submits the amendment request to the CDFI Fund. Amendment requests must be received no later than 60 days prior to the effective date of the amendment. The CDFI Fund will not process any amendment requests received less than 60 days prior to the end of the Period of Performance. In its sole discretion, the CDFI Fund will either grant or deny an amendment request and communicate its decision in writing to the Recipient.
(d) Notwithstanding the above paragraphs in this Section 9.9, the CDFI Fund may, upon reasonable notice to the Recipient, unilaterally amend the Assistance Agreement for the sole purpose of making ministerial or administrative changes or correcting scrivener’s errors.
Amendments and Changes in Key Personnel. (a) The terms of the Assistance Agreement may be amended, modified, or supplemented by the mutual written consent of the parties hereto.
(b) If the Recipient replaces its Executive Director, Chief Executive Officer or equivalent leadership official, the Recipient must notify the CDFI Fund in writing via a Service Request through the Recipient’s AMIS account within thirty (30) days of occurrence.
(c) If the Recipient proposes to make an amendment to Performance Goals, Annual Report due dates, and/or make pre-noncompliance amendments during the Period of Performance, amendment requests must be received by the CDFI Fund in writing with all required documentation no later than sixty (60) days prior to the effective date of the change or end of the applicable Period of Performance. The Recipient must include justification for the amendment when it submits the amendment request to the CDFI Fund. In its sole discretion, the CDFI Fund will either grant or deny an amendment request and communicate its decision in writing to the Recipient.
(d) Notwithstanding the above paragraphs in this Section 9.9, the CDFI Fund may, upon reasonable notice to the Recipient, unilaterally amend the Assistance Agreement for the sole purpose of making ministerial or administrative changes or correcting scrivener’s errors.
