Follett Higher Education Group, LLC at Cal Poly Humboldt

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This agreement, effective July 1, 2023, for an initial term of five years with three 1-year optional extensions (not exceeding eight years), is between the Trustees of the California State University, acting through Cal Poly Humboldt, and Follett Higher Education Group, LLC. Follett will operate the Cal Poly Humboldt Campus Store, providing all necessary labor, equipment, and materials for store operations at 697 8th St, Arcata, CA, and on campus. The scope of work encompasses comprehensive course materials services, general merchandise sales, customer service, staffing, and technology integration. Key financial components include commission rates on sales, a one-time signing bonus of $50,000, an annual textbook scholarship of $5,000, and an annual donation of $5,000, along with various discounts for faculty, staff, and alumni. The contract also includes detailed general provisions for service acquisitions and supplemental provisions for information technology acquisitions.

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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.

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This Fourth Amendment to the Bookstore Operating Agreement between Cypress College and Follett Higher Education Group, LLC, effective March 8, 2022, extends the agreement term from July 1, 2021, to June 30, 2026. Key amendments include Follett providing a $200,000 Account Receivable for an Inclusive Access program and $10,000 annually for textbook scholarships. Additionally, the amendment adjusts the percentage of net sales for Follett's compensation based on sales tiers, reflecting the impact of the pandemic.

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This letter from Follett Higher Education Group, LLC to Triton College confirms the automatic renewal of their existing bookstore management contract. The renewal period will be from July 1, 2026, to June 30, 2027. All other terms and conditions of the original agreement will remain in effect.