Follett Higher Education Group Inc. at New Jersey Institute Of Technology

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This Third Amendment extends the Bookstore Operating Agreement between New Jersey Institute of Technology (University) and Follett Higher Education Group, Inc. (Follett) for ten years, from July 1, 2017, to June 30, 2027. It outlines financial commitments including Follett spending up to $140,000 for Specht Store Improvements, reimbursing the University up to $237,000 for White Box Requirements, and providing a one-time capital contribution of $150,000. It also amends the commission structure and details responsibilities regarding store operations, remodeling, and confidentiality.

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This contract establishes an agreement between the Nevada System of Higher Education (NSHE) on behalf of Great Basin College (GBC) and Follett Higher Education Group, Inc., for Follett to operate the GBC bookstore for a five-year term starting July 1, 2021. The financial terms involve Follett paying commissions to the College based on tiered sales performance and providing an annual $3,000 textbook scholarship. The agreement details responsibilities for bookstore operations, stock and sales, rental programs, and includes standard contractual clauses such as termination, indemnification, and compliance requirements.

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This Agreement between Central New Mexico Community College (CNM) and Follett Higher Education Group, Inc. (Follett) outlines the terms for Follett to provide retail services and bookstore development and management services at CNM. Key aspects include Follett operating and managing campus bookstores, including a new facility (CNM Marketplace) which involves specific construction contributions from both parties ($1,000,000 from CNM for "White Box" and $1,000,000 from Follett for finish-out). The agreement commences upon the issuance of a Certificate of Occupancy for CNM Marketplace and continues until June 30, 2029, with an existing agreement covering the interim period. Follett will pay CNM a monthly commission based on sales, with a Guaranteed Annual Income of at least $1,025,000 for the first year. The contract details responsibilities, pricing, sales, rentals, systems, insurance, and indemnification.

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This Third Amendment extends the Bookstore Operating Agreement between Heartland Community College and Follett Higher Education Group Inc. for five years, from June 1, 2021, to May 31, 2026. It also amends a financial provision, requiring Follett to provide $10,000 annually to the College's foundation.