Follett Higher Education Group Inc. at Central New Mexico Community College

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This is a Purchase Order from CNM Central New Mexico Community College to Follett Higher Education Group, LLC for a total of $4,777.84. It references Price Agreement PA200428 / CNSCON-10000024, which is effective through June 30, 2029, and Proforma Invoice 1196710. The order specifies FOB Destination shipping via Ground Shipping with payment due on receipt.

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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.

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This document is a Second Amendment to the Bookstore Operating Agreement between Raritan Valley Community College and Follett Higher Education Group, Inc. Effective April 1, 2018, it extends the agreement term from July 1, 2020, through June 30, 2027, with automatic one-year renewals thereafter. Additionally, Follett will provide a one-time contribution of $10,000 to the College for its Capital Campaign.