EXHIBIT 10.2
AMENDMENT TWENTY-FIVE TO INSURANCE PROCESSING AGREEMENT
This document is Amendment Twenty-Four to the Insurance Processing 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; Amendment Ten to Insurance Processing Agreement dated January 31, 2000;
Amendment Eleven to Insurance Processing Agreement dated March 1, 2000;
Amendment Twelve to Insurance Processing Agreement dated April 19, 2000;
Amendment Thirteen to Insurance Processing Agreement dated July 31, 2000;
Amendment Fourteen to Insurance Processing Agreement dated September 25, 2000;
Amendment Fifteen to Insurance Processing Agreement dated October 31, 2000;
Amendment Sixteen to Insurance Processing Agreement dated November 29, 2000;
Amendment Seventeen to Insurance Processing Agreement dated January 24, 2001;
Amendment Eighteen to Insurance Processing Agreement dated March 14, 2001;
Amendment Nineteen to Insurance Processing Agreement dated May 4, 2001;
Amendment Twenty to Insurance Processing Agreement dated June 28, 2001;
Amendment Twenty-One to Insurance Processing Agreement dated September 4, 2001;
Amendment Twenty-Two to Insurance Processing Agreement dated October 11, 2001;
Amendment Twenty-Three to Insurance Processing Agreement dated November 30,
2001; and Amendment Twenty-Four to Insurance Processing Agreement dated March 1,
2002 (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 therefor:
"Subject to termination as hereinafter provided, this Agreement shall remain
in force and effect until the close of business on September 30, 2002, 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 termination."
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/ R. Xxxxxxx Xxxxx By: /s/ Xxxxx X. Xxxxxxx
Title: President Title: Vice President
Witness: /s/ Xxxx Xxxxxxxxx Witness: /s/ Xxxxx Xxxxxxx
Date: May 30, 2002 Date: May 31, 2002
