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This Amendment #1 modifies the Bookstore Operating Agreement dated February 22, 2019, between Stanly Community College and Follett Higher Education Group, LLC. Effective May 1, 2024, the agreement's term is extended until April 30, 2029, with automatic annual renewals. The commission structure is also revised, with Follett paying the School 12.10% on commissionable sales up to $695,000 and 13.10% on sales exceeding $695,000.
Effective Date
May 1, 2024
Expires
Effective: May 1, 2024
Expires:
This Amendment #1 modifies the Bookstore Operating Agreement dated February 22, 2019, between Stanly Community College and Follett Higher Education Group, LLC. Effective May 1, 2024, the agreement's term is extended until April 30, 2029, with automatic annual renewals. The commission structure is also revised, with Follett paying the School 12.10% on commissionable sales up to $695,000 and 13.10% on sales exceeding $695,000.
ActiveThis document is the Second Amendment to a Bookstore Operating Agreement between Sauk Valley Community College and Follett Higher Education Group, LLC, effective April 1, 2025. It integrates the "Follett ACCESS Program," enabling Follett to provide required course materials to students for specified academic terms. The amendment details the program's scope, pricing, invoicing, tax obligations, and adjusts commission terms to exclude Access revenue. Schedule 1 further outlines estimated costs for Fall 2025, Spring 2026, and Summer 2026 academic terms.
Effective Date
Apr 1, 2025
Expires
Effective: Apr 1, 2025
Expires:
This document is the Second Amendment to a Bookstore Operating Agreement between Sauk Valley Community College and Follett Higher Education Group, LLC, effective April 1, 2025. It integrates the "Follett ACCESS Program," enabling Follett to provide required course materials to students for specified academic terms. The amendment details the program's scope, pricing, invoicing, tax obligations, and adjusts commission terms to exclude Access revenue. Schedule 1 further outlines estimated costs for Fall 2025, Spring 2026, and Summer 2026 academic terms.
ActiveThis 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.
Effective Date
Jul 27, 2023
Expires
Effective: Jul 27, 2023
Expires:
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.
ActiveThis 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.
Effective Date
Jun 1, 2021
Expires
Effective: Jun 1, 2021
Expires:
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.
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