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EXHIBIT 10.50
AMENDMENT NO. 3
TO
CONSULTANT SERVICES AGREEMENT
This Amendment No. 3 to Consultant Services Agreement is entered into
as of January 1, 1998, by and between MAJOR REALTY CORPORATION, a Delaware
corporation (hereinafter referred to as "Major"), and DEVELOPMENT CONSULTANTS,
INC., OF ORLANDO, a Florida corporation (hereinafter referred to as
"Consultant").
WHEREAS, Major and Consultant are parties to that certain Consultant
Services Agreement dated as of April 1, 1994, as amended by Amendment No. 1
dated as of April 1, 1995, and Amendment No 2 dated as of March 20, 1997 (the
"Agreement"); and
WHEREAS, the parties desire to modify Section 1.5 of the Agreement
regarding the term;
NOW, THEREFORE, for and in consideration of the mutual covenants
hereinafter set forth, and as provided by Section 5.6 of the Agreement, Major
and Consultant hereby mutually agree to amend the Agreement as follows:
1. Section 1.5, "Term," is hereby amended to reflect a termination date
of December 31, 1998.
2. Except as otherwise provided herein, the Agreement shall remain in
full force and effect. Upon execution of this Amendment No. 3 by all of the
parties hereto, and thereafter, any reference to the Agreement shall be deemed
to be a reference to the Agreement as amended hereby.
IN WITNESS HEREOF, the parties hereto have executed this Amendment No.
3 to Consultant Services Agreement as of the date first set forth above.
MAJOR REALTY CORPORATION
By: /s/ Xxxxx X. Xxxxxxxxx
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Xxxxx X. Xxxxxxxxx,
Chairman of the Board
DEVELOPMENT CONSULTANTS, INC.,
OF ORLANDO
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, President
