Follett Higher Education Group, LLC at Laredo College

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This Bookstore Operating Agreement is between Renton Technical College (School) and Follett Higher Education Group, LLC. (Follett). It defines the terms for Follett to operate a bookstore for the School, effective from November 1, 2023, to October 31, 2026, with provisions for automatic renewal. Key aspects include Follett's investment in capital equipment, operational responsibilities, exclusive sales rights for traditional bookstore merchandise (with specific exceptions), pricing policies, and a commission structure payable by Follett to the School based on gross revenue. The agreement also details early termination conditions, rights upon termination, insurance requirements, and indemnification.

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This Bookstore Operating Agreement between Edmonds College and Follett Higher Education Group, LLC, effective April 6, 2023, until June 30, 2028, details Follett's operation of the campus store. Key terms include Follett's commitment to spend up to $25,000 on store improvements, provide $4,000 annually in textbook scholarships, and pay tiered commissions to the School. The agreement covers various rights and responsibilities, including store operations, stock management, pricing, and insurance, with provisions for automatic renewal.

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This Bookstore Operating Agreement is between Clackamas Community College (CCC) and Follett Higher Education Group, LLC. It outlines the terms for Follett to operate CCC's campus bookstore, providing course materials, technology integration, general merchandise, and customer services. The agreement is effective from July 27, 2023, until June 30, 2026, with options for renewal. Key financial terms include Follett paying commissions to CCC based on sales ($5.0% up to $1,000,000 and $6.0% above), a one-time $200,000 payment for Equitable Access program installation, a $35,000 investment by Follett for systems, and $2,000 annually for textbook scholarships. The contract also details the responsibilities of both parties regarding operations, compliance, staffing, pricing, and various legal and financial clauses.

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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.