PORTIONS OF THIS AGREEMENT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR
CONFIDENTIAL TREATMENT FROM THE SEC
AGREEMENT AMENDMENT NO. 1
EFFECTIVE AS OF THE 29TH DAY OF DECEMBER 29, 2003
By and Between TECNOMATIX LTD.
00 Xxxxxxx Xxxxxx
Xxxxxxx Pituach
Israel
("CUSTOMER")
And HP-O.M.S. (ISRAEL) LTD.
0 Xxxxxx Xxxxxx
Xx'xxxxx
Xxxxxx
("HP-OMS")
WHEREAS The parties have signed an Agreement on October 30th 2003
("Main Agreement") for the provision of global IT
outsourcing services to Customer by HP-OMS; and
WHEREAS The parties wish to amend the Main Agreement to include
the following changes as stated hereunder:
NOW THEREFORE, THE PARTIES HAVE AGREED AS FOLLOWS:
1. The Preamble to this Amendment shall constitute an obligatory and
inseparable part thereof.
2. This Amendment shall constitute an obligatory and inseparable part of
the Main Agreement.
3. The definition or interpretation of all the terms stated in this
Amendment shall be as stated in the Main Agreement, unless stated
otherwise herein or understood to mean otherwise in the context of
this Amendment.
4. It is agreed that Section 2.5 (b) of the Main Agreement shall be
changed to read as follows:
"(b) Without derogating from subsection (a) above, Customer and HP-OMS
shall cooperate with each other to achieve their mutual goal of
obtaining Government Approval as soon as possible, but not later
than February 15, 2004. In the event that the Customer fails to
obtain Government Approval by February 15, 2004, the parties, in
good faith, shall use their best commercial efforts to resolve
the matter to obtain such approval on an expedited basis."
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PORTIONS OF THIS AGREEMENT HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR
CONFIDENTIAL TREATMENT FROM THE SEC
5. All other terms and conditions of the Main Agreement shall remain
unchanged.
This Amendment shall be valid as of the date of signature by both the
parties hereto.
AS WITNESS, THE PARTIES HAVE HEREBY SIGNED THIS AMENDMENT :
TECNOMATIX LTD. HP-O.M.S. (ISRAEL) LTD.
/s/ Harel Beit-On /s/ Xxxxx Xxxxxx
______________________________ _______________________________
Signature(s) of Authorized Signature(s) of Authorized
Signatory(ies) Signatory(ies)
Harel Beit-On Xxxxx Xxxxxx
_______________________________ ______________________________
Name(s) of Authorized Signatory Name(s) of Authorized Signatory
(ies) (ies)
/s/ Xxxx Xxxxxxxxx
______________________________
Signature(s) of Authorized
Signatory(ies)
Xxxx Xxxxxxxxx
_______________________________
Name(s) of Authorized Signatory
(ies)
Date: December 29, 2003 Date: December 29, 2003
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