Form Of AMENDMENT OF MANAGEMENT SERVICES AGREEMENT
Exhibit 10.18
Form Of
AMENDMENT OF MANAGEMENT SERVICES AGREEMENT
AMENDMENT OF MANAGEMENT SERVICES AGREEMENT
This AMENDMENT OF MANAGEMENT SERVICES AGREEMENT (the “Agreement”), is entered
into as of ___, 2006, by and between Crosman Corporation, a Delaware corporation (the
“Company”) and Xxxxxxx Consulting III LLC, a Connecticut limited liability company
(“Xxxxxxx”).
RECITALS:
WHEREAS, the Company and Xxxxxxx entered into that certain Management Services Agreement dated
February 10, 2004 (the “MSA”);
WHEREAS, the Company and Xxxxxxx desire to amend certain provisions of the MSA in accordance
with the terms of this Agreement;
NOW THEREFORE, in consideration of the mutual premises and the respective mutual agreements
contained herein, the Company and Xxxxxxx agree as follows:
Section 1. Termination by Company. Paragraph 1 of the MSA is amended by adding the
following language to the end of Paragraph 1:
“Notwithstanding any provision of this Agreement to the contrary, the Company may
terminate this Agreement upon 30 days’ prior written notice to Xxxxxxx.”
Section 2. Assignment. Paragraph 9 of the MSA is amended by adding the following
language to the end of Paragraph 9:
“Notwithstanding any provision of this Paragraph 9 to the contrary, Xxxxxxx may
assign this Agreement to Compass Group Management LLC and shall upon such assignment
provide written notice thereof to the Company within 10 calendar days of such
assignment.”
Section 3. Offsetting Management Services Agreement. The MSA, as amended by this
Agreement, shall be an “Offsetting Management Services Agreement” as defined in that certain
Management Services Agreement dated of even date hereof, by and between Compass Group Diversified
Holdings LLC and Compass Group Management LLC.
Section 4. Effectiveness of MSA. Except as otherwise provided in this Agreement, the
terms and provisions of the MSA remain in full force and effect.
Section 5. Governing Law. This Agreement shall be construed under and shall be
governed by the laws of the State of Connecticut.
Section 6. Counterparts. This Agreement may be executed in one or more counterparts,
each of which will be deemed to be an original copy of this Agreement and all of which, when taken
together, will be deemed to constitute one and the same agreement.
{remainder of page left intentionally blank; signature page follows}
IN WITNESS WHEREOF, the undersigned have executed and delivered this Amendment to
Management Services Agreement as of the date first above written.
COMPANY: Crosman Corporation, a Delaware corporation |
|||||
By: | |||||
Name: | |||||
Title: | |||||
XXXXXXX: Xxxxxxx Consulting III LLC, a Connecticut limited liability company By: The Compass Group International LLC, its Managing Manager |
|||||
By: | |||||
Name: | |||||
Title: | |||||