THIRD AMENDMENT TO
AGREEMENT OF LIMITED PARTNERSHIP OF
COMPREHENSIVE SOFTWARE SYSTEMS LTD.
THIS AMENDMENT IS MADE THIS 31st day of December 1995, by and between
CSS Management, Inc., a Colorado corporation as General Partner, and BHC
Securities, Inc., Comprehensive Securities Systems, Inc., Xxxxxxx, Xxxxxx
Holdings, Inc., Xxxx Xxxxx, Inc., XxXxxxxx & Company Securities, Inc.,
Xxxxxxx, Xxxxx & Associates, Inc., Southwest Securities, Inc., Xxxxxxxx Inc.,
Trans Terra Co. and Xxxxxx Xxxxxxx Services, Inc. as Limited Partners.
WHEREAS, Comprehensive Software Systems, Ltd. (the "Partnership") was
formed on February 4, 1993, by the General Partner and the Limited Partners
for the purpose of providing consulting services and to develop software for
securities broker-dealers, banks and other financial institutions utilizing
state of the art hardware and software techniques; and
WHEREAS, on or about September 1993 the Agreement of Limited Partnership
("Partnership Agreement") was amended ("First Amendment") to, INTER ALIA, add
additional, partnership contributions; and
WHEREAS on or about December 1994 the Partnership Agreement was further
amended ("Second Amendment") to, INTER ALIA, add a new limited partner,
Xxxxxx Xxxxxxx Services, Inc.; and
WHEREAS the parties desire to further amend the Agreement of Limited
Partnership to extend certain agreements, contracts and obligations as herein
provided.
NOW THEREFORE, in consideration for the mutual promises and conditions
set forth herein, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:
1. Article 3.1 of the Partnership Agreement, as amended by paragraph 1 of
the First Amendment, sets forth the monthly capital contributions of each
partner. Said contributions are restated and extended as set forth on
Schedule A, attached hereto and incorporated herein by this reference.
2. Article 1.4 of the Partnership Agreement is amended to change the
registered agent's address as follows: Xxxx X. Xxxxx, Suite 1000, 0000
Xxxxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxx 00000 Phone: (000) 000-0000;
Fax (000) 000-0000.
3. Article 1.4 of the Partnership Agreement is amended to change the
addresses for the following Limited Partners: BHC Securities, One
Commerce Square, 0000 Xxxxxx Xxxxxx, Xxxxxxxxxxxx, XX 00000-0000;
Xxxx Xxxxx, Inc., 000 X. Xxxxxxx Xxxxxx, X.X. Xxx 0000, Xxxxxxxxx,
XX 00000-0000; Xxxxxxx Xxxxx & Associates, Inc., 000
Xxxxxxxx Xxxxxxx, X.X. Xxx 00000, Xx. Xxxxxxxxxx, XX 00000; Xxxxxxx
Xxxxxx Holdings, Inc. 0000 00xx Xx. Xxxxx 0000, Xxxxxx, XX 00000, X.X.
Xxx 0000 Xxxxxx, XX 00000-0000. In addition, TransTerra Co. has
undergone a name change and is now known as Ameritrade, Inc.
4. The Limited Partners hereby consent to the extension of the Employment
Agreements of Xxxxxxx X. Xxxxxxx, Xxxxxx X. Xxxxx, Xxxxxx Xxxxxxxx, Xxxxx
Xxxxxxxxx and Xxxxxxx X. Xxxxx for one year to expire February 4, 1997,
on the same terms and conditions as presently existing.
5. In the event of any conflict between the Partnership Agreement, the
First Amendment the Second Amendment and this Third Amendment, the terms
and conditions of the Third Amendment shall control over both the First
Amendment and the Second Amendment and The Partnership Agreement. All
other terms and conditions of the Partnership Agreement are hereby
ratified and remain in full force and effect.
6. This Amendment may be signed in counterpart, which when held together
shall be deemed an original. Facsimile signatures shall be treated as
originals.
DATED the day and year first written above.
CSS MANAGEMENT, INC. BHC SECURITIES, INC.
-------------------------------- --------------------------------
By: By:
---------------------------- ----------------------------
Its: Its:
--------------------------- ---------------------------
COMPREHENSIVE SECURITIES XXXXXXX, XXXXXX HOLDINGS,
SYSTEMS, INC. INC.
-------------------------------- --------------------------------
By: By:
---------------------------- ----------------------------
Its: Its:
--------------------------- ---------------------------
XXXX XXXXX, INC. XXXXXXXX & COMPANY
SECURITIES, INC.
-------------------------------- --------------------------------
By: By:
---------------------------- ----------------------------
Its: Its:
--------------------------- ---------------------------
XXXXXXX, XXXXX & ASSOC., INC. SOUTHWEST SECURITIES, INC.
-------------------------------- --------------------------------
By: By:
---------------------------- ----------------------------
Its: Its:
--------------------------- ---------------------------
XXXXXXXX, INC. TRANSTERRA CO.
/s/ Xxxx Xxx Xxxxxxxx
-------------------------------- --------------------------------
By: By: Xxxx Xxx Xxxxxxxx
---------------------------- ----------------------------
Its: Its: Chairman & CEO
--------------------------- ----------------------------
XXXXXX XXXXXXX
SERVICES, INC.
--------------------------------
By:
----------------------------
Its:
---------------------------
Schedule A
to Third Amendment to Agreement of Limited Partnership
Initial Capital Monthly Capital Monthly Capital Monthly Capital
Contribution Contributions Contributions Contributions
(Total) 2/93-7/93 8/93-9/93 10/93-3/94
--------------- --------------- --------------- ----------------
GENERAL PARTNER
CSS Management, Inc. . . . . . .
LIMITED PARTNERS
BHC Securities, Inc. . . . . . .
Comprehensive Securities
Systems, Inc. . . . . . . . . .
Hanifen, Imhoff, Inc.. . . . . .
Xxxx Xxxxx, Inc. . . . . . . . .
XxXxxxxx & Company
Securities, Inc.. . . . . . . .
Xxxxxxx, Xxxxx & Assoc's, Inc. .
Southwest Securities, Inc. . . .
Xxxxxxxx, Inc. . . . . . . . . .
TransTerra Company . . . . . . . 8,333.33 45,527.78 25,000.00 41,995.41
Xxxxxx Xxxxxxx Services. . . . .
Monthly Capital Monthly Capital Monthly Capital Monthly Capital
Contributions Contributions Contributions Contributions
4/94-8/94 9/94 10/94-12/95 1/96-12/96
--------------- --------------- --------------- ----------------
GENERAL PARTNER
CSS Management, Inc. . . . . . .
LIMITED PARTNERS
BHC Securities, Inc. . . . . . .
Comprehensive Securities
Systems, Inc. . . . . . . . . .
Hanifen, Imhoff, Inc.. . . . . .
Xxxx Xxxxx, Inc. . . . . . . . .
XxXxxxxx & Company
Securities, Inc.. . . . . . . .
Xxxxxxx, Xxxxx & Assoc's, Inc. .
Southwest Securities, Inc. . . .
Xxxxxxxx, Inc. . . . . . . . . .
TransTerra Company . . . . . . . 30,949.81 30,949.81 27,718.75 27,718.75
Xxxxxx Xxxxxxx Services. . . . .
