DENOTES CONFIDENTIAL MATERIALS OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT Amendment No. 3 to Area License Agreement between Southwest Convenience Stores, LLC and 7-Eleven, Inc
Exhibit 10.6
[***] DENOTES CONFIDENTIAL MATERIALS OMITTED AND FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION
PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION
PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT
Amendment No. 3 to Area License Agreement
between
Southwest Convenience Stores, LLC
and
7-Eleven, Inc
EXECUTION ORIGINAL
AMENDMENT NO. 3 TO AREA LICENSE AGREEMENT
THIS AMENDMENT NO. 3 TO AREA LICENSE AGREEMENT (the “3rd Amendment”) is effective the
20th day of August, 2008 (the “Effective Date”) by and between Southwest Convenience
Stores, LLC, a limited liability company duly organized and existing under the laws of the State of
Texas (“Licensee”), and 7-Eleven, Inc. a corporation organized and existing under the laws of the
State of Texas (“SEI”).
WHEREAS, SEI and Licensee’s predecessor-in-interest, Southwest Convenience Stores, Inc.,
previously entered into that certain Area License Agreement dated June 2, 1993, as amended by that
certain Amendment to Area License Agreement and Consent to Assignment dated December 20, 1996 (the
“1st Amendment”) and that certain Amendment No. 2 to Area License Agreement dated August 14, 1997
(the “2nd Amendment”), (collectively, the “Agreement”); and
WHEREAS, SEI and Licensee now desire to amend the Agreement in order to add additional
counties to Licensee’s Territory.
NOW, THEREFORE, in consideration of the terms, representations, warranties, covenants,
promises and conditions contained in this 3rd Amendment, and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, SEI and Licensee hereby
agree as follows:
1. | As of the Effective Date, Exhibit A-2 to the Agreement, as set forth in the 2nd Amendment, is hereby amended and restated in its entirely as set forth in Exhibit A-3, attached hereto and incorporate herein for all purposes. |
2. | Upon the execution of this 3rd Amendment, Licensee shall pay to SEI the sum of [***] as a License Fee in consideration for the amendment and expansion of the Licensed Territory, as set forth in Section 1 of this 3rd Amendment. |
3. | In all other respects, the Agreement, as amended, is hereby ratified and reconfirmed. This 3rd Amendment shall be deemed incorporated by reference into the Agreement as if set forth fully therein. |
[***] Text omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission. |
-1-
IN WITNESS WHEREOF, SEI and Licensee have executed this Amendment No. 3 to Area License
Agreement by their respective authorized officers on the dates set forth below.
7-ELEVEN, INC. | SOUTHWEST CONVENIENCE STORES LLC. | |||||||
BY: | /s/ Xxxxx X. Xxxxxx
|
BY: | /s/ Xxxx X. Xxxxxx | |||||
Name: | Xxxxx X. Xxxxxx
|
Name: | Xxxx X. Xxxxxx | |||||
Its: Senior Vice President |
||||||||
Date: | 20 Aug. 2008
|
Date: | August 21, 2008 | |||||
Attest: | Attest: | |||||||
Title: | Assistant Secretary
|
Title: | Vice President and Assistant Secretary | |||||
-2-
EXHIBIT A-3
LICENSED TERRITORY
LICENSED TERRITORY
The Licensed Territory, as defined in the Agreement, includes each of following counties in
the States of Texas and New Mexico, U.S.:
Texas | New Mexico | |||
Xxxxxxx
|
Llano | Bernalillo | ||
Xxxxxx
|
Loving | Xxxxxx | ||
Xxxxxx
|
Lubbock | Xxxxxx | ||
Xxxxxx
|
Xxxx | Cibola | ||
Xxxxxxxx
|
Xxxxxx | Xxxxx | ||
Xxxxx
|
Midland | Xx Xxxx | ||
Xxxxxxxx
|
Xxxxxxxx | Xxxx Xxx | ||
Xxxx
|
XxXxxxxxx | Xxxx | ||
Xxxxxxx
|
Xxxxx | Xxxxx | ||
Xxxxxxx
|
Pecos | Xxxxxxxxx | ||
Xxxxx
|
Presidio | Xxxxxxx | ||
Xxxxxxxx
|
Xxxxxx | Xxx | ||
Xxxxxx
|
Xxxxxx | Lincoln | ||
Xxxxxxxxx
|
Xxxxxxx | Los Alamos | ||
Xxxxxx
|
San Xxxx | Xxxx | ||
Xxxxx
|
Xxxxxx | XxXxxxxx | ||
Xxxxxxxx
|
Xxxxxxxx | Xxxxx | ||
El Paso
|
Sterling | Quay | ||
Xxxxx
|
Xxxxxx | Xxxxxxxxx | ||
Xxxxxx
|
Xxxxxx | San Xxxxxx | ||
Xxxxx
|
Xxxxxxx | Xxxxxxxx | ||
Xxxxxxxxx
|
Xxxxx | Santa Xx | ||
Xxxx
|
Xxx Xxxxx | Sierra | ||
Hockley
|
Xxxxx | Xxxxxxx | ||
Xxxxxx
|
Xxxx | Taos | ||
Xxxxxxxx
|
Wichita | Torrance | ||
Xxxx Xxxxx
|
Wilbarger | Union | ||
Xxxxx
|
Xxxxxxx | Xxxxxxxx | ||
Xxxx
|
Xxxxxx |