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VIA HAND DELIVERY
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August 16, 1996
Xxxxxx X. Xxxx, President
Key Information Systems, Inc.
Xxx Xxxxx Xxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
RE: Amendment to Services Agreement
Dear Xxx:
This letter will confirm our agreement to extend the current term of the Service
Agreement by and between XxXxxxxx, Xxxxxxxx & Maffel, Inc. ("MCM") and Key
Information Systems, Inc. ("KIS") dated as of June 1, 1993, which agreement was
previously amended as of July 1, 1995 (the "Amendment") (said agreement, as
amended by the Amendment, being hereinafter referred to as the "Service
Agreement"), for an additional twelve (12) months to and including December 31,
1997. Concurrently with the extension of the term, MCM has agreed to increase
the total fees paid for the Services by seven and one-half (7 1/2%) percent.
(Capitalized terms not otherwise defined herein shall have the meanings ascribed
to them in the Service Agreement.)
In light of the above, the Service Agreement will be further amended by
replacing the words "forty-three (43) months" in the second sentence of Section
2 thereof with "fifty-five (55) months" and by replacing the fee schedule set
forth in Exhibit D there of with the attached amended Exhibit D.
Except as set forth above, the Service Agreement shall remain in full force and
effect without amendment, modification or waiver. As we set forth in the
Amendment, the execution and delivery of this letter amendment shall not
preclude the exercise by either party or any rights under the Service Agreement
(except as amended hereby), under the License Related Agreements, or under any
other agreements to which MCM and KIS are subject or by which their respective
properties are bound.
If you agree with the above and revised Exhibit D, please acknowledge below and
return the original to me.
Sincerely,
XxXxxxxx, Xxxxxxxx & Maffel, Inc.
By: /s/ Xxxxx X. Xxxxx
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Xxxxx X. Xxxxx
President
Acknowledged and Agreed to:
Key Information Systems, Inc.
By: /s/ Xxxxxx X. Xxxx
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Xxxxxx X. Xxxx
President
Date: August 16, 1996
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EXHIBIT D
FEE SCHEDULE
Month Semi-monthly Fee
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August 1996 $34,502.50
September 1996 $34,502.50
October 1996 $34,502.50
November 1996 $34,502.50
December 1996 $34,502.50
January 1997 $34,502.50
February 1997 $34,502.50
March 1997 $34,502.50
April 1997 $34,502.50
May 1997 $34,502.50
June 1997 $34,502.50
July 1997 $39,677.88
August 1997 $39,677.88
September 1997 $39,677.88
October 1997 $39,677.88
November 1997 $39,677.88
December 1997 $39,677.88
These fees shall be due and payable on a semi-monthly basis, and shall be paid
on the fifteenth and last day of each month. If any such days is not a business
day, payment shall be made on the next consecutive business day.
/s/ Xxxxxx X. Xxxx
8/16/96
/s/ Xxxxx X. Xxxxx
