EX-10.6 8 a13-9549_1ex10d6.htm EX-10.6 FIRST AMENDMENT TO TECHNOLOGY PRODUCTS SERVICES AGREEMENT
Exhibit 10.6
FIRST AMENDMENT TO TECHNOLOGY PRODUCTS SERVICES AGREEMENT
This First Amendment to the Technology Products Services Agreement (the “First Amendment”) is entered into as of March 29, 2013, and amends that certain Technology Products Services Agreement dated October 1, 2012 (the “Agreement”) by and between OCWEN MORTGAGE SERVICING, INC., a corporation organized under the laws of the United States Virgin Islands (“OCWEN” or together with its Affiliates “OCWEN Group”), and ALTISOURCE SOLUTIONS S.À X.X., a limited liability company organized under the laws of the Grand Duchy of Luxembourg (“ALTISOURCE” or together with its Affiliates “ALTISOURCE Group”).
Agreement
1. Amendment to Section 5, Term, of the Agreement. Section 5, Term, of the Agreement is hereby deleted in its entirety and restated as follows:
(c) Term. The term “Term” shall mean the Initial Term together with any applicable Renewal Term.
(d) Notice of Non-Renewal. In the event either party decides that it does not wish to renew this Agreement or any particular Service or SOW hereunder before the expiration of the Term or any Renewal Term, as applicable, such party shall so notify the other party in writing of its intent to
terminate this Agreement, at least nine (9) months before the completion of the Initial Term any or Renewal Term, as applicable.”
3. Agreement in Full Force and Effect as Amended. The terms and conditions of this First Amendment shall prevail over any conflicting terms and conditions in the Agreement. Capitalized terms that are used in this First Amendment not otherwise defined herein shall have the meanings ascribed to them in the Agreement. Except as specifically amended or waived hereby, all of the terms and conditions of the Agreement shall remain in full force and effect. All references to the Agreement in any other document or instrument shall be deemed to mean the Agreement as amended by this First Amendment. The parties hereto agree to be bound by the terms and obligations of the Agreement, as amended by this First Amendment, as though the terms and obligations of the Agreement were set forth herein.
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OCWEN MORTGAGE SERVICING, INC. | ||
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By |
/s/ Xxxxxx Xxxxx | |
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Name: |
Xxxxxx Xxxxx |
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Title: |
Treasurer and CFO |
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ALTISOURCE SOLUTIONS S.À X.X. | ||
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By |
/s/ Xxxxxxx X. Xxxxxx | |
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Name: |
Xxxxxxx X. Xxxxxx |
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Title: |
Manager |