1st Amendment to Service Agreement between Columbia Sussex Corporation and Columbia Properties Vicksburg, LLC
EXHIBIT
10.5(a)
1st Amendment to Service Agreement
between
Columbia Sussex Corporation
and
Columbia Properties Vicksburg, LLC
between
Columbia Sussex Corporation
and
Columbia Properties Vicksburg, LLC
The first amendment dated August 7, 2006, amends the Service Agreement between Columbia Sussex
Corporation (CSC) and Columbia Properties Vicksburg, LLC (Vicksburg) originally dated October 27,
2003.
Whereas, the parties desire to amend the original agreement.
Now therefore, the parties agree to amend paragraph 5. Compensation to provide for annual increases
in the monthly fee, currently $10,000 per monthly, on each January 1st. The fee shall
increase by 3% each year.
In witness whereof, CSC and Vicksburg have caused this First Amendment to be executed in their
corporate names by officers having the authority to do same as of August 7, 2006.
Columbia Properties Vicksburg, LLC | Columbia Sussex Corporation | |||||||||
By:
|
/s/ Xxxxxxx X. Xxxx
|
By: | /s/ Xxxxxxxx X. Xxxxxxx
|
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President | Secretary/Treasurer |