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EXHIBIT 10(c)(12)
AMENDMENT ELEVEN TO INSURANCE PROCESSING AGREEMENT
This document is Amendment Nine to the Insurance Processing Agreement
("Agreement"), made and entered into effective June 1, 1993, and amended by
Amendment One to Insurance Processing Agreement dated June 4, 1998; Amendment
Two to Insurance Processing Agreement dated September 25, 1998; Amendment Three
to Insurance Processing Agreement dated October 19, 1998; Amendment Four to
Insurance Processing Agreement dated December 15, 1998, Amendment Five to
Insurance Processing Agreement dated March 25, 1999, Amendment Six to Insurance
Processing Agreement dated May 10, 1999, Amendment Seven to Insurance Processing
Agreement dated June 24, 1999, Amendment Eight to Insurance Processing Agreement
dated August 5, 1999, Amendment Nine to Insurance Processing Agreement dated
October 1, 1999, and Amendment Ten to Insurance Processing Agreement dated
January 31, 2000, (the "Agreement"), by and between American National Insurance
Company ("American National") a Texas corporation, and Legacy Insurance
Processing Group ("LMG"), a California corporation.
In consideration of mutual covenants contained herein, the parties agree as
follows:
1. "Section 6.1" of the Agreement is hereby deleted in its entirety and the
following new Section 6.1 shall be substituted therefore:
"Subject to termination as hereinafter provided, this Agreement shall remain in
force and effect until the close of business on April 30, 2000, the term of this
Agreement. This Agreement may be renewed by mutual agreement for additional
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."
Except as specifically amended hereby, all terms and provisions of the Insurance
Processing Agreement shall remain in full force and effect.
IN WITNESS HEREOF, the parties hereto have executed this Agreement.
LEGACY MARKETING GROUP AMERICAN NATIONAL INSURANCE
COMPANY
By: /s/ XXXXX X. XXXX By: /s/ XXXXX XXXXXXX
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Title: Chief Financial Officer Title: Assistant Vice President
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Witness: /s/ XXXXX XXXXX Witness: /s/ XXXXXX XXXXXXX
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Date: 3/1/00 Date: 2/29/00
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