FIRST AMENDMENT TO LICENSE AGREEMENT
Exhibit
10.14
FIRST
AMENDMENT
TO
THIS FIRST AMENDMENT (the “Amendment”),
made effective this 6th day of
June, 2007 to that certain License Agreement by and between United Western
Bancorp, Inc. (“Licensee”) and Legent Clearing LLC (“Licensor”) dated September
29, 2006 (“Agreement”).
WITNESSETH
THAT:
WHEREAS, the parties hereto have
entered into the Agreement for Licensor to provide to Licensee use of certain
property; and
WHEREAS, Licensor and Licensee desire
to amend the Agreement;
NOW, THEREFORE, in consideration of the
mutual covenants set forth, and other good and valuable consideration, the
receipt and adequacy of which is hereby acknowledged, the parties hereto agree
to amend the Agreement as follows:
1.
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Paragraph
2. will be deleted and replaced with the attached Paragraph 2. “Term. This
License will have an initial term from October 1, 2006 to April 30,
2010.”
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Made and executed this 6th day of
June 2007.
Legent
Clearing LLC
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By: /s/ Xxxxx XxXxxxxxxx
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Name:
Xxxxx XxXxxxxxxx
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Title: President
& CEO
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United
Western Bancorp,Inc.
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By: /s/ Xxxxx X. Xxxxx
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Name: Xxxxx
X. Xxxxx
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Title: Chief
Technology Officer
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