Exhibit 10.3
AMENDMENT NINE TO MARKETING AGREEMENT
This document is Amendment Nine 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, and Amendment Eight to Marketing Agreement dated June 24, 1999, (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:
3. 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 1, 1999,
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."
4. Except as specifically amended hereby, all terms and provisions of the
Marketing Agreement shall remain in full force and effect.
LEGACY MARKETING GROUP AMERICAN NATIONAL INSURANCE
COMPANY
By: /s/ Xxxxx X. Xxxx By: /s/ Xxxxx X. Xxxxxxx
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Title: Chief Financial Officer Title: Executive V. P. of
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Independent Marketing
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Witness: /s/ Xxxxxx Xxxxxxx Witness: /s/Xxxxxx Xxxxxxx
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Date: August 5, 1999 Date: August 11, 1999
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