EXHIBIT 10(b)(16)
Amendment Eighteen to Marketing Agreement
This document is Amendment Eighteen to the
Marketing Agreement, made and
entered into effective June 1, 1993, and amended by Amendment One to
Marketing Agreement dated September 16, 1993; Amendment Two to
Marketing
Agreement dated June 4, 1998; Amendment Three to
Marketing Agreement dated
September 25, 1998; Amendment Four to
Marketing Agreement dated
October 19, 1998; and Amendment Five to
Marketing Agreement dated
December 15, 1998; Amendment Six to
Marketing Agreement dated
March 25, 1999, Amendment Seven to
Marketing Agreement dated May 10,
1999, Amendment Eight to
Marketing Agreement dated June 24, 1999, Amendment
Nine to Marketing Agreement dated August 5, 1999, Amendment Ten to
Marketing Agreement dated October 1, 1999, Amendment Eleven to Marketing
Agreement dated January 31, 2000, Amendment Twelve to Marketing Agreement
dated March 1, 2000, Amendment Thirteen to Marketing Agreement dated
April 19, 2000, Amendment Fourteen to Marketing Agreement dated
July 31, 2000, Amendment Fifteen to Marketing Agreement dated
September 25, 2000, Amendment Sixteen to Marketing Agreement dated
October 31, 2000, and Amendment Seventeen to Marketing Agreement dated
November 29, 2000, (the “Agreement”), by and between American National
Insurance Company (“American National”) a Texas corporation, and Legacy
Marketing Group (“LMG”), a California corporation.
In consideration of mutual covenants contained herein, the parties agree as
follows:
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Section 3.1 of the Agreement is hereby deleted in its
entirety and the following new Section 3.1 shall be substituted
therefore: |
“3.1 Subject to termination as
hereinafter provided, this Agreement shall remain in force and effect until the
close of business on March 31, 2001, the term of this Agreement. This
Agreement may be renewed by mutual agreement for successive terms of one
(1) year unless terminated by either party by prior written notice to the
other at least one hundred eighty (180) days prior to the end of the
initial term or the renewal term.”
Except as specifically amended hereby,
all terms and provisions of the Marketing Agreement shall remain in full force
and effect.
IN WITNESS HEREOF, the parties hereto
have executed this Agreement.
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| LEGACY MARKETING GROUP |
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AMERICAN NATIONAL INSURANCE
COMPANY |
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| By: /s/ H. Xxxx Xxxxxxxx |
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By: /s/ Xxxxx X.
Xxxxxxx |
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| Title: Chief Information Officer |
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Title: Vice President |
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| Witness: /s/ Xxxxxxxxx Xxxxxxx |
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Witness: /s/ Jynx
Yucra |
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| Date: January 24, 2001 |
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Date: January 22,
2001 |
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