Exhibit 10.24.3
AMENDMENT TO
MANAGEMENT SERVICES AGREEMENT
and
SERVICES AGREEMENT
Regarding Paragraph 3 of the Management Service Agreement (effective April 19,
1996) and Paragraph 4 of the Services Agreement (effective April 19, 1996), all
being as related to commissions due and payable to RTI, the following is agreed:
o The agreements as drafted are not clear on treatment of intercompany sales
o It is agreed and understood that intercompany shipments and sales will be
excluded from commission compensation calculation
o It is agreed that the effective date of this agreed treatment of
intercompany shipments and sales will be June 30, 1997, for purposes of new
calculations.
o It is agreed that a retroactive adjustment will be calculated to refund
any payments made to date of June 30, 1997, which are consistent with the
specific intent of this amendment.
Agreed and accepted as effective 30 June, 1997
DIGITAL RECORDERS, Inc. TRANSIT MEDIA GmbH
/s/ X. Xxxxxxxx X. Xxxxxxxx /s/ Xxxxxx Xxxxx
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X. Xxxxxxxx X. Xxxxxxxx; Chairman & CEO Xxxxxx Xxxxx; Managing Director
TWINVISION CORP. OF NORTH XXXXXXXX XXXXXX
AMERICA, Inc. INTERNATIONAL, Inc.
/s/ X. Xxxxxxxx X. Xxxxxxxx /s/ Xxxxx X. Xxxxxx
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X. Xxxxxxxx X. Xxxxxxxx; Chairman & CEO Xxxxx X. Xxxxxx; Principal
