1 July 1999
Mr AR Xxxxxx
00 Xxxxxx Xxxxxx
Xxxxx Xxxxxx XXX 0000
Xxxxxxxxx
Dear Xxxxxx:
RE: MOLDFLOW PTY LTD - SERVICE AGREEMENT DATED 1 JULY 1994, AS AMENDED ON
30 JUNE 1997
It is the intention of the parties to modify the abovementioned agreement.
Therefore, in accordance with Section 22 of the agreement, this letter shall
hereby amend the Service Agreement effective 1 July 1999 as follows:
The time for payment by Moldflow of the amount due in accordance with
paragraph 2.1(b) of the Remuneration Schedule as it relates to Section
5 of the Agreement shall be extended to 1 July, 2000 or earlier upon
agreement of the parties.
For clarity, this modification is not intended to otherwise change the
terms of the agreement with respect to obligations surviving
termination, nor to further extend the Initial Period of Employment
under the contract.
Kindly indicate your acceptance of these terms by signing and returning to me
the attached copy of this letter.
Yours sincerely,
MOLDFLOW PTY LTD
/s/ Xxxxxxx Xxxxxx
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Xxxxxxx X Xxxxxx
Company Secretary
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I, AR Xxxxxx agree to accept this amendment to the Service Agreement dated 1
July 1994, as amended on 30 June 1997, in accordance with the terms set out
above.
Signed: /s/ Xxxxxx Xxxxxx
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Date: 17th Aug. 1999
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