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EXHIBIT 10.25
AMENDMENT TO LICENSE AGREEMENT
This Amendment to license Agreement is made this 14th day of August, 1997,
by and between Roadway Global Air, Inc., a Delaware corporation (hereinafter
referred to as "RGA") and American International Freight, a division of
American International Airways, Inc., a Michigan corporation (hereinafter
referred to as "AIF").
W I T N E S S E T H:
WHEREAS, AIF entered into a certain License Agreement dated May 23, 1996
(hereinafter referred to as the "License") for certain premises in Terre Haute,
Indiana (the "Hub"); and
WHEREAS, AIF desires to expand its Licensed Space as defined hereinbelow
at a modified rental.
NOW, THEREFORE, RGA and AIF agree to a modification of the License
Agreement upon the following terms and conditions:
1. All terms used herein shall be as defined in the License unless otherwise
defined herein or as the context otherwise requires.
2. The Licensed Space shall now be expanded to include the additional areas
shown on Exhibit A attached hereto and made a part hereof (hereinafter
referred to as the "Expanded Licensed Space").
3. AIF agrees to license the Expanded Licensed Space AS-IS on a month-to-month
rental basis effective August 15, 1997.
4. AIF agrees to pay as additional rental for the Expanded Licensed Space
effective August 15, 1997 the amount of One Thousand Dollars ($1,000) per
month.
5. AIF acknowledges certain portions of the Expanded Licensed Space do not meet
building and/or fire code and will make no claim against RGA due to said
building defects. AIF will cooperate in any temporary inconvenience or
disruption arising from any work requirements needed to bring the Expanded
Licensed Space up to code.
6. AIF agrees to pay RGA, prior to occupancy, $2,000 for the destruction of
RGA's Tarmac Ramp/Stairs.
7. Upon execution of this agreement, AIF agrees to pay RGA $6,500 for concrete
bumper system installed to protect the "Sort Area".
8. Except as modified by this Amendment to License Agreement, the terms and
conditions of the License are hereby ratified and confirmed. This Amendment
to License Agreement shall inure to the benefit of and be binding upon the
parties hereto and their heirs, legal representatives, successors and
assigns.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment to
License Agreement on the day and year first above written.
RGA: ROADWAY GLOBAL AIR, INC.
BY: /s/ XXXXX X. XXXXXXX
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Xxxxx X. Xxxxxxx
President
AIF: AMERICAN INTERNATIONAL
FREIGHT, a division of AMERICAN
INTERNATIONAL AIRWAYS, INC.
BY: [ILLEGIBLE]
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ITS: VICE PRESIDENT AND GENERAL MANAGER
