July 28, 1999
American Express Bank Ltd.
American Express Tower
World Financial Center
New York, NY 10285
Ladies and Gentlemen:
This is to confirm our agreement that:
(1) effective only from August 1, 1999, through December 31, 2000, in Section
2(a) of Schedule A and of Schedule B to the Marketing Agreement made as of
October 10, 1991, by and between IDS Certificate Company and American
Express Bank Ltd., as subsequently amended (the "Marketing Agreement"),
".60%" shall replace ".50%", and
(2) the payment in August 1999 to American Express Bank Ltd. Pursuant to the
Marketing Agreement shall also include a special marketing incentive fee of
$12,500.
Please note that this is the second amendment to the Marketing Agreement or a
schedule thereto.
Very truly yours,
IDS Certificate Company
By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxx Xx Xxxxx
Print name: Xxxxx X. Xxxxx Print name: Xxxx Xx Xxxxx
Print title: President Print title: Assistant Secretary
Accepted and agreed to by
AMERICAN EXPRESS BANK LTD.
By: /s/ Xxxx Xxx Xxxxxxxxxx By: /s/ Xxxxxx Xxxxxx
Print name: Xxxx Xxx Xxxxxxxxxx Print name: Xxxxxx Xxxxxx
Print title: Senior Director Print title: Assistant Secretary
Date: 07/28/99 Date: 7/28/99
