EXHIBIT 10(o)(vii)
FIRST AMENDMENT TO AMENDED AND RESTATED LICENSE AGREEMENT
(Australia and New Zealand)
This First Amendment to Amended and Restated License Agreement is dated as of
June 1, 2000, between RadioShack Corporation (formerly Tandy Corporation)
("RadioShack") and InterTAN Australia Ltd. ("ITA").
WHEREAS, RadioShack and ITA entered into that certain Amended and Restated
License Agreement on January 25, 1999 (the "Agreement");
WHEREAS, RadioShack has adopted, used, and owns TANDY ELECTRONICS as a trade
name and service xxxx in Australia and New Zealand in connection with the
operation of retail store services dealing primarily in electronic products and
computers and distribution of catalogs in Australia and New Zealand; and
WHEREAS, ITA wishes to also use TANDY, as well as TANDY ELECTRONICS, as a trade
name and service xxxx for the operation of ITA owned (or managed) or ITA
franchised retail stores in Australia and New Zealand dealing primarily in
electronic products and related services including catalog, mail order and
repair services in Australia and New Zealand. A copy of the proposed TANDY trade
name logo is attached as Exhibit "A".
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, it is agreed as follows:
1. A new provision, designated as paragraph 1A., shall be added to the
Agreement immediately following paragraph 1 thereof, and shall be as follows:
"RadioShack grants an exclusive nonassignable license to ITA, provided ITA is
duly appointed a registered user if so required by applicable law, to use, and
to grant sub-licenses to others as herein provided to use, TANDY as a trade name
and service xxxx in Australia and New Zealand in connection with the operation
of ITA owned or ITA franchised retail stores dealing primarily in electronic
products and related services including catalog, mail order and repair services
rendered in such stores in Australia and New Zealand, such use being subject to
royalties payable in accordance with paragraph 5 hereof."
2. Every reference in the Agreement to Tandy Corporation shall be deemed to be
a reference to RadioShack Corporation.
3. All other terms and conditions of the Agreement shall remain unchanged and
in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement to be
effective as of the day and year first above written.
RADIOSHACK CORPORATION
By: /s/ Xxxx X. Xxxx
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Title: Senior Vice President, Corporate
Secretary and General Counsel
INTERTAN AUSTRALIA LTD.
By: /s/ Xxxxx X. Xxxxxxxxx
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Title: Vice President
