10.49
AGREEMENT
AGREEMENT, dated as of November 3, 1997, between HEALTHCARE IMAGING
SERVICES, INC., a Delaware corporation ("HIS"), and BILTMORE SECURITIES, INC.,
a Florida corporation ("Biltmore").
W I T N E S S E T H :
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WHEREAS, HIS and Biltmore are parties to a consulting agreement, dated
as of January 30, 1996, as amended by an Agreement dated January 30, 1997 (the
"Consulting Agreement;" all capitalized terms used herein but not otherwise
defined herein shall have the respective meanings ascribed thereto in the
Consulting Agreement); and
WHEREAS, HIS and Biltmore wish to extend the term of the Consulting
Agreement upon the terms and subject to the conditions set forth herein.
NOW, THEREFORE, in consideration of the premises and mutual covenants
herein contained and for other good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, the parties hereto agree as follows:
1. Section 3 of the Consulting Agreement is hereby amended to extend
the Term for an additional one (1) year (the "Extended Term") and, accordingly,
the Consulting Agreement shall terminate on January 30, 1999. All references to
"Term" in the Consulting Agreement shall be deemed to include the Extended
Term.
2. Except as set forth herein, the Consulting Agreement shall remain
in full force and effect.
3. This Agreement shall bind and inure to the benefit of the parties
hereto, and their respective successors and assigns.
4. The validity, interpretation, construction, performance and
enforcement of this Agreement shall be governed by the internal laws of the
State of New York, without regard to its conflicts of law rules.
5. This Agreement may be executed in one or more counterparts, which
together shall constitute one agreement.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date first written above.
HEALTHCARE IMAGING SERVICES, INC.
By: /s/Xxxxxxx X. Xxxxxx
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Xxxxxxx X. Xxxxxx
Chairman, President and Chief Executive
Officer
BILTMORE SECURITIES, INC.
By: /s/Xxxxxx Xxxxxxxxxxx
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Xxxxxx Xxxxxxxxxxx
Chief Executive Officer
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