INTERCOMPANY SERVICES EXTENSION AGREEMENT
Exhibit
10.58
This Amendment and Extension Agreement
dated as of January 1, 2010 is by and between Hallmark Cards, Incorporated
(“Hallmark”) and Crown Media Holdings, Inc. (Crown Holdings”).
WHEREAS, Crown Holdings and Hallmark
have previously entered into that certain Intercompany Services Agreement
between the parties dated as of December 23, 2002 as extended on January 1,
2006, January 1, 2007, January 1, 2008, and as extended and amended on January
19, 2009 (the “Services Agreement”); and
WHEREAS, the parties desire to further
extend the term of the Services Agreement;
NOW, THEREFORE, Crown Holdings and
Hallmark hereby agree as follows:
The term of the License Agreement shall
be extended for an additional period terminating on January 1, 2011, subject to
any earlier termination pursuant to the terms of the Services
Agreement. All other terms and conditions of the Services Agreement
will remain unchanged and in full force and effect.
IN WITNESS WHEREOF, the parties hereto
have executed this Extension Agreement as of the date set forth
above.
HALLMARK
CARDS, INCORPORATED
By: /s/ Xxxxx
Xxxxxxx
Title: Executive Vice President,
General Counsel
CROWN
MEDIA HOLDINGS, INC.
By: /s/ Xxxxxxx
Xxxxxxxx
Title: Executive Vice President,
General Counsel