EXHIBIT 10(B)(16)
AMENDMENT FIFTEEN TO MARKETING AGREEMENT
This document is Amendment Fifteen to the Marketing Agreement, made and entered
into effective June 1, 1993, and amended by Amendment One to Marketing Agreement
dated September 16, 1993; Amendment Two to Marketing Agreement dated June 4,
1998; Amendment Three to Marketing Agreement dated September 25, 1998; Amendment
Four to Marketing Agreement dated October 19, 1998; and Amendment Five to
Marketing Agreement dated December 15, 1998; Amendment Six to Marketing
Agreement dated March 25, 1999, Amendment Seven to Marketing Agreement dated May
10, 1999, Amendment Eight to Marketing Agreement dated June 24, 1999, Amendment
Nine to Marketing Agreement dated August 5, 1999, Amendment Ten to Marketing
Agreement dated October 1, 1999, Amendment Eleven to Marketing Agreement dated
January 31, 2000, Amendment Twelve to Marketing Agreement dated March 1, 2000,
Amendment Thirteen to Marketing Agreement dated April 19, 2000, and Amendment
Fourteen to Marketing Agreement dated July 31, 2000, (the "Agreement"), by and
between American National Insurance Company ("American National") a Texas
corporation, and Legacy Marketing Group ("LMG"), a California corporation.
In consideration of mutual covenants contained herein, the parties agree as
follows:
1. Section 3.1 of the Agreement is hereby deleted in its entirety and the
following new Section 3.1 shall be substituted therefore:
"3.1 Subject to termination as hereinafter provided, this Agreement
shall remain in force and effect until the close of business on October
31, 2000, the term of this Agreement. This Agreement may be renewed by
mutual agreement for successive terms of one (1) year unless terminated
by either party by prior written notice to the other at least one
hundred eighty (180) days prior to the end of the initial term or the
renewal term."
Except as specifically amended hereby, all terms and provisions of the Marketing
Agreement shall remain in full force and effect.
IN WITNESS HEREOF, the parties hereto have executed this Agreement.
LEGACY MARKETING GROUP AMERICAN NATIONAL INSURANCE
COMPANY
By: /s/ R. Xxxxxxx Xxxxx By: /s/ Xxxxx X. Xxxxxxx
Title: President Title: VP Alternative Distribution
Witness: /s/ Xxxxxxxxx Xxxxxxx Witness: /s/ Jynx Yucra
Date: September 25, 2000 Date: September 26, 2000
