Exhibit 10.41
AMENDMENT TO MANAGEMENT AGREEMENT
This Amendment to Management Agreement (the "Amendment") is made
effective as of November 1, 1997, by and between Cross-Continent Auto
Retailers, Inc. ("C-CAR") and Tar-Car, Inc. (the "Company").
RECITALS
A. By that certain Management Agreement (the "Management Agreement")
dated October 16, 1997, by and between C-CAR and the Company, C-CAR agreed to
manage the Dealership (as defined in the Management Agreement).
B. C-CAR and the Company desire to amend the Management Agreement.
AGREEMENT
In consideration of the mutual agreements set forth in this Amendment,
C-CAR and the Company agree as follows:
1. The second sentence of Paragraph 1 of the Management Agreement
is deleted in its entirety and the following is substituted therefor:
C-CAR shall assume management responsibilities of the
Dealership effective December 1, 1997 (the "Effective
Date").
2. Subparagraph 3(b) of the Management Agreement is deleted in
its entirety.
3. Subparagraph 4(c) of the Management Agreement is deleted in
its entirety.
4. The following sentence is added to the end of paragraph 12 of
the Management Agreement:
Xxxxx may be employed in northern Nevada in a position that
allows Xxxxx to perform his obligations under this
Agreement.
5. This Amendment shall be governed by and construed and enforced
in accordance with the laws of the State of California.
6. This Amendment shall be binding upon and shall inure to the
benefit of the
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parties hereto and their respective successors and assigns.
7. Except as specifically set forth herein, all other provisions
of the Management Agreement remain in full force and effect.
CROSS-CONTINENT AUTO RETAILERS, INC.,
a Delaware corporation
By:
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Xxxxxx X. Xxxx, Vice Chairman
TAR-CAR, INC., a California corporation
By:
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Xxxxxx X. Xxxxx, President
By:
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Xxxxxx X. Xxxxxxxxx, Vice President
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