EXHIBIT 10.5A3
EX-10.5.A.3 2 v17870exv10w5waw3.htm EXHIBIT 10.5A3 exv10w5waw3
EXHIBIT 10.5A3
AMENDMENT NUMBER 3
TO
LICENSE AND DISTRIBUTION AGREEMENT
TO
LICENSE AND DISTRIBUTION AGREEMENT
This Amendment Number 3 to License and Distribution Agreement (the Amendment) is entered into as of December 21, 2005 (the Effective Date) by and between Altiris, Inc., a Delaware corporation, having its principal place of business at 588 W. 400 South, Lindon, Utah 84042 (Altiris) and Hewlett-Packard Company, a Delaware corporation, having its principal place of business at 3000 Hanover Street, Palo Alto, California 94304 (HP) (individually, the Party; collectively, the Parties).
RECITALS
WHEREAS, the Parties have previously entered into a License and Distribution Agreement dated August 2001, as amended (the Agreement), that grants HP rights to incorporate certain Altiris software into HP product lines; and
WHEREAS, the Parties desire to amend the Agreement to update certain deliverables provided by Altiris and the terms and conditions corresponding to such deliverables.
NOW, THEREFORE, in consideration of the above recitals, the mutual undertakings of the Parties as contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties to this Amendment hereby agree as follows:
I. DEFINITIONS
All capitalized terms which are not defined in this Amendment shall have the meaning as set forth in the Agreement.
II. MODIFICATIONS. The Agreement is amended and supplemented as follows:
1. In Section 6.7 (b), the first sentence is deleted and replaced with the following:
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2. Section 7.3 is deleted and replaced with the following:
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3. Section 8.6 (a) shall be modified as follows:
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[*] These provisions are the subject of a Confidential Treatment Request
4. Replace in Section 8.6 (c) the second sentence with the following:
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[*] These provisions are the subject of a Confidential Treatment Request
5. Section 11.6 is deleted and replaced with the following:
(a) Renewal. This Agreement shall be renewable at HPs option (each term for which renewal is elected is an HP Renewal) to be exercised upon written notice to Altiris at least 90 days prior to the end of the Initial Term or the then applicable yearly extension period for an additional two year period for up to four years. During each of the additional two-year HP Renewals, at HPs option and election (which may be made at any time prior to the commencement of the then forthcoming applicable HP Renewal), the parties may amend the Agreement as they mutually agree. During the period of a HP Renewal all of the terms of this Agreement continue in full force and effect, except for those which explicitly terminate during the Initial Term and those terminated in any renewal Amendments.
(b) HPs Renewal for this Amendment is for a period of two (2) years and shall commence on the Effective Date.
6. For avoidance of doubt, royalty rates for HPs Itanium based platforms are not part of this Amendment and will be agreed upon by both parties during good faith negotiations in a further amendment.
7. [*]
III. CONFLICTS
All other terms not expressly amended herein shall remain in full force and effect as set forth in the Agreement. Should a conflict arise between this Amendment and the Agreement, the provisions of this Amendment shall control.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized representatives, all as of the date first written above.
Altiris, Inc. | Hewlett-Packard Company | |||||||
Signature | /s/ Michael R. Samuelian | Signature | /s/ Lee Johns | |||||
Print Name | Michael R. Samuelian | Print Name | LEE JOHNS | |||||
Title | Vice President Sales | Title | Director, Velocity Software | |||||
Date | 12/21/05 | Date | 12/21/05 |
Reviewed by Altiris Legal | |||
By: | SGA | ||
Date | 12/21/2005 |
[*] These provisions are the subject of a Confidential Treatment Request
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