Contract
Exhibit 10.24
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RECEIVED
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Ambassadors Group
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AUG 11 2006
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PEOPLE TO PEOPLE INTERNATIONAL
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August 8, 2006
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Xxxxxxx X. Xxxxxx
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President and CEO
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Xxxx Xxxxxxxxxx
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Chief Executive Officer
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People to People International
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000 Xxxx Xxxxxx Xxxxxxxxx
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Kansas City, MO 64109
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Re: General Contract, dated April 1, 1995, regarding adult exchange programs; General Contract, dated April 1, 1995, regarding student ambassador programs; Consent to Assignment Agreement, dated August 3, 1995; General Contract, dated July, 1, 1995, regarding adult exchange programs; Consent to Assignment Agreement, dated February 6, 1996; General Contract, dated February 12, 1999, regarding adult sports-related travel and exchange programs; General Contract, dated February 12, 1999, regarding student and youth sports-related and exchange programs; and Letter Agreement, dated February 13, 2001, regarding spin-off transaction (collectively, the “Existing Agreements”).
Dear Xxxx:
As you are aware, Ambassador Programs, Inc., a Delaware corporation (“AP”), currently operates adult and student/youth inbound and outbound travel and exchange programs in the United States pursuant to the Existing Agreements (the “U.S. Programs”). In addition to the U.S. Programs, AP intends to initiate and operate adult and student/youth inbound and outbound travel and exchange programs in Canada pursuant to the Existing Agreements (the “Canadian Programs”).
The purpose of this letter is to confirm that the Existing Agreements extend to the Canadian Programs and that all of the terms and conditions of the Existing Agreements also apply to the Canadian Programs.
If the foregoing is acceptable to you, please sign below.
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Very truly yours,
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/s/ Xxxxxxx X. Xxxxxx
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Xxxxxxx X. Xxxxxx
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Chief Executive Officer
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AGREED AND ACCEPTED:
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PEOPLE TO PEOPLE INTERNATIONAL, INC.,
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a Missouri non-profit corporation
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By:
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/s/ Xxxx Xxxxxxxxxx
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Name: Xxxx Xxxxxxxxxx
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Title: Chief Executive Officer
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LA1565102.2
66666-6666
08/07/2006 Xxxxxx X. Xxxxxxxxxx Building |000 Xxxxx Xxxxxxx Xxxxxx x Xxxxxxx, XX 00000-0000 XXX
000-000-0000 | Fax 000-000-0000 | xxx.xxxxxxxxxxxxxxxx.xxx
