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EXHIBIT 10.7
AGREEMENT FOR EXTENSION OF TERM
(AMENDMENT NO. 2)
This Agreement for Extension of Term is entered into by and between U S WEST
Business Resources, Inc., a Colorado corporation, with offices for transaction
of business located at 000 Xxxxxxxxx Xxxxx Xxxx, Xxxxxxxxx, Xxxxxxxx 00000, as
agent for U S WEST Communications, Inc. ("Customer") and Applied Digital Access,
Inc., with offices for transaction of business located at 0000 Xxxx Xxxxxxxxx,
Xxx Xxxxx, Xxxxxxxxxx 00000 ("Supplier").
RECITALS
Customer and Supplier entered into that certain agreement styled "General
Purchasing Agreement" dated February 19, 1994, as amended by Amendment No 1
dated February 1, 1996 (the "Agreement").
The term of the Agreement will automatically expire on August 16, 1996 (the
"Expiration Date"); and Customer and Supplier wish to extend the term of the
Agreement beyond the Expiration Date under the terms and conditions hereof.
AGREEMENT
In consideration of mutual promises and advantages to the parties, the parties
incorporate by reference and agree to the accuracy of the above recitals and
further agree that the Agreement shall not expire on the Expiration Date, but
shall automatically renew for an additional six (6) month period commencing on
August 17, 1996, and will automatically expire on February 16, 1997. All other
terms and conditions of the Agreement remain unchanged and shall all continue in
full force and effect.
The term "Customer" as used herein may be applicable to one or more parties and
the singular shall include the plural. If there shall be more than one party
referred to as Customer herein, then their obligations shall be several, not
joint.
The parties intending to be legally bound have executed this Agreement for
Extension of Term as of the dates set forth below in multiple counterparts each
of which is deemed an original but all of which together shall constitute one
and the same instrument.
U S WEST BUSINESS RESOURCES, INC. APPLIED DIGITAL ACCESS, INC.
AS AGENT FOR
U S WEST COMMUNICATIONS, INC.
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(AUTHORIZED SIGNATURE) (AUTHORIZED SIGNATURE)
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(PRINT OR TYPE NAME OF SIGNATORY) (PRINT OR TYPE NAME OF SIGNATORY)
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(TITLE) (TITLE)
AUGUST 15, 1996 AUGUST 15, 1996
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(EXECUTION DATE) (EXECUTION DATE)