EXHIBIT 10.38
AMENDMENT NO. 7, DATED AS OF DECEMBER 29, 2001 TO DISTRIBUTION
AGREEMENT DATED AS OF SEPTEMBER 15, 1993 BETWEEN HOST
MARRIOTT CORPORATION AND MARRIOTT INTERNATIONAL, INC.
Host Marriott Corporation, a Maryland corporation and the successor by
merger to Host Marriott Corporation, a Delaware corporation f/k/a Marriott
Corporation ("Host Marriott"), Marriott International, Inc., a Delaware
corporation ("MII"), and HMS Host Corporation, a Delaware corporation f/k/a Host
Marriott Services Corporation, desire to adopt this Amendment No. 7 (this
"Amendment") to the Distribution Agreement between Host Marriott and MII dated
as of September 15, 1993 (the "Original Agreement," and as amended by that
certain Amendment No. 1 to the Original Agreement dated as of December 29, 1995,
that certain Amendment No. 2 to the Original Agreement dated as of June 21,
1997, that certain Amendment No. 3 to the Original Agreement dated as of March
3, 1998, that certain Amendment No. 4 to the Original Agreement dated as of
December 28, 1998, that certain Amendment No. 5 to the Original Agreement dated
as of December 18, 1998 and that certain Amendment No. 6 to the Original
Agreement dated as of January 10, 2001, the "Distribution Agreement").
NOW, THEREFORE, in consideration of the foregoing and other good and
valuable consideration, the parties hereto hereby agree as follows:
1. Section 6.07 of the Distribution Agreement shall be deleted in its
entirety and replaced by the following:
"Section 6.07. [INTENTIONALLY OMITTED]"
2. Except as specifically amended hereby, the Distribution Agreement
continues in full force and effect without modification and is hereby ratified
and confirmed in all respects.
3. This Amendment may be executed in any number of counterparts, which,
when taken together, shall constitute a single binding instrument.
[signatures appear on the following page]
IN WITNESS WHEREOF, the parties hereunto have caused this Amendment to
be executed and delivered by their respective duly authorized officers as of the
date first written above.
MARRIOTT INTERNATIONAL, INC.
By: /s/ Xxxxxxx X. Xxxxx
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Name: Xxxxxxx X. Xxxxx
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Title: Vice President
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HOST MARRIOTT CORPORATION
By: /s/ W. Xxxxxx Xxxxxx
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Name: W. Xxxxxx Xxxxxx
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Title: Executive Vice President
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HMS HOST CORPORATION
By: /s/ Xxx Xxxxxx
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Name: Xxx Xxxxxx
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Title: Executive Vice President
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