EXHIBIT 10.3
FIND SVP, INC.
000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000
November 21, 2001
SVP International Inc.
SVP Conseil
Xxxxxxxxxxxx 0
XX-0000
Xxxxxxxxxxx
RE: AGREEMENT DATED AS OF OCTOBER 11, 1971
Gentlemen:
For valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, this letter agreement (the "Amendment Agreement") shall serve
further to amend the agreement dated as of October 11, 1971, as amended on March
23, 1981 (the "Agreement"), by and between SVP International, Inc., formerly
known as SVP Conseil: Compagnie International de Documentation, Information et
Service, a Swiss company ("SVP"), and FIND SVP, Inc., formerly known as
Information Clearing House, Inc., a New York corporation ("FIND").
1. The trademark license contained in Paragraph 4(a) of the Agreement
shall be deemed to include the right of FIND to use the service xxxx "SVP" that
is registered with the United States Patent and Trademark Office, Registration
No. 2065043 in the United States and its territories. It shall be the
responsibility of SVP to maintain and renew this registration.
2. Paragraph 5(d) of the Agreement shall be deleted in its entirety and
in its place the following shall be inserted: "FIND may assign its rights and
obligations under the Agreement or its rights in and to the FIND SVP Service to
an entity controlled by, under common control with or controlling FIND, or to an
entity that succeeds to all or substantially all of the stock of FIND or the
assets of FIND relating to its information services business. In the event that
SVP assigns all or substantially all of its assets, it shall assign the
Agreement as part of those assets."
3. Paragraph 5(e) of the Agreement is hereby deleted in its entirety.
4. Paragraph 6 of the Agreement shall be deleted in its entirety and
the following inserted in its place:
"FIND may enter into new areas of activity or acquire other companies
engaged in new areas of activity and may provide services or products other than
the FIND Service provided however, that FIND will not use the registered SVP
trademark or logo in connection with any activities other than those integrally
related to the `FIND SVP Service,' without prior approval from SVP
International."
5. Paragraph 9 is hereby deleted in its entirety and the following
shall be inserted in its place: "The term of the Agreement shall expire on
August 1, 2031."
6. The parties acknowledge and recognize that FIND is the successor in
interest to Information Clearing House, Inc., a New York corporation ("ICH"),
and that the Agreement shall be amended to replace ICH with FIND wherever it
appears.
7. Except as set forth above, the Agreement shall continue in full
force and effect in accordance with all its terms.
Please confirm your agreement to these terms by signing where indicated
below and returning a copy to me.
Sincerely,
FIND SVP, Inc.
By:_____________________
Name:
Title:
Confirmed and Agreed:
SVP International, Inc.
By: ____________________
Name:
Title:
