ADDENDUM TO REFERRAL AGREEMENT
THIS REFERRAL AGREEMENT (this "Agreement"), dated as of July 22, 1999, is
made by and between AUTOCONNECT, L.L.C. , a Delaware Limited Liability Company
whose address is 0000 Xxxx Xxxxx Xxxxx, X.X., Xxxxxxx, Xxxxxxx, 00000
("AUTOCONNECT"), and ELECTRONIC VEHICLE REMARKETING, INC., a Delaware
corporation whose address is 000 Xxxxx Xxxxxxx Xxxx, Xxxxxxxx, Xxx Xxxx 00000
("EVRI"), with reference to the following facts:
The following clauses will take precedence over the respective clauses in the
original referral agreement:
3.1 The term of this agreement commence on July 22, 1999 and shall end on
July 22, 2000 (the "Term"), unless otherwise extended or terminated as provided
herein.
4.1.1 and 4.1.2 EVRI and AUTOCONNECT shall calculate the "Financing Fee,"
which shall be based Financing Yield and shall be equal the product of (i) the
Fee Per Financing Submission set forth in the following table that corresponds
to such Yield, multiplied by (ii) the number of Financing Submissions made from
the date hereof through the applicable Cut-Off Date:
Financing Yield: less than 15% 15.1%-20% 20.1-25% over 25%
Fee Per
Financing Submission: [*]
EVRI shall pay AUTOCONNECT the greater "Financing Fee" from the previous
agreement or this addendum.
IN WITNESS WHEREOF, the parties hereto have executed this Addendum as of the
date first written above.
ELECTRONIC VEHICLE REMARKETING, INC. AUTOCONNECT, L.L.C.
By: /s/ By: /s/
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Its: Its:
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