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EXHIBIT 10d
FIRST AMENDMENT TO XXXXXX INCOME PROPERTY LP SERVICES, INC./
MAVRICC MANAGEMENT SYSTEMS, INC.
DATA PROCESSING SYSTEM USE AGREEMENT
This First Amendment is made and entered into this 1st day of September, 1996,
by XXXXXX INCOME PROPERTIES I, LTD. AND XXXXXX INCOME PROPERTIES II, LTD.
("XXXXXX") and MAVRICC MANAGEMENT SYSTEMS, INC. ("MMS").
The parties hereto desire to amend the Data Processing System Use Agreement
(the "Agreement") entered into by them with an effective date of September 1,
1993.
In consideration of the mutual covenants and consideration furnished to each
other hereunder, the sufficiency of which is acknowledged, the parties agree as
follows:
1. TERM. The Agreement shall remain in effect through
August 31, 1998.
2. PRICING. Exhibit A to the Agreement is amended as follows:
Commencing on September 1, 1996, the monthly charge
for services rendered to active Funds shall be equal
to $.91 per account. Postage up to $.32 per piece
for four quarterly distribution mailings and postage
up to $.55 per piece for the K-1 mailing are included
in the monthly charge.
The annual charge for Funds that cease to operate as
going concerns shall be equal to $1.00 per account so
long as XXXXXX desires to have the accounts available
on-line; such Funds charges shall be invoiced
semi-annually rather than monthly as for active
Funds.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and
year first above written.
WITNESSED: MAVRICC MANAGEMENT SYSTEMS, INC.
By:
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Xxxx X. Xxxxxxx, Chairman
XXXXXX INCOME PROPERTIES I, LTD.
By Xxxxxx Realty Investors VIII, Inc.,
General Partner
By:
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Xxxxxxxx Xxxxxxxxx, President
XXXXXX INCOME PROPERTIES II, LTD.
By Xxxxxx Realty Investors IX, Inc.,
General Partner
By:
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Xxxxxxxx Xxxxxxxxx, President
