FIRST AMENDMENT TO
MANAGEMENT AND SERVICES AGREEMENT
THIS FIRST AMENDMENT (this "First Amendment") to that certain Management
and Services Agreement by and between HLM DESIGN, INC., a Delaware corporation
("Design") and HLM DESIGN OF NORTHAMERICA, INC., an Iowa corporation formerly
known as Xxxxxx Xxxx Xxxxx Inc. ("HLM") as dated effective May 29, 1997 (the
"Agreement") is hereby executed and agreed to by the undersigned. In recognition
of the fact that the purpose of this First Amendment is to revise the section of
the Agreement subject hereto to reflect the original intent of the parties, this
First Amendment shall be effective retroactively as of May 29, 1997.
Section 13.e. of the Agreement is hereby amended and restated to read in
its entirety as follows:
ASSIGNABILITY. Design may assign this Agreement, and/or transfer, assign or
delegate any or all of its rights, obligations and responsibilities under
this Agreement, without the consent of HLM. This Agreement is not
transferrable or assignable by HLM without the prior written consent of
Design.
Amendment of the Agreement is subject to the approval of certain lenders of
Design, which approval has been or shall be sought. Should such approval not be
obtained by Design, then this First Amendment shall be void.
All other provisions of the Agreement shall remain unmodified and in full
force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to
be executed by their duly authorized representatives, effective as of the date
set forth above.
HLM DESIGN, INC.
By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx
HLM DESIGN OF NORTHAMERICA, INC.
F/K/A XXXXXX XXXX XXXXX INC.
By: /s/
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