Letter Agreement

EX-10.30.1 6 c86750a5exv10w30w1.txt LETTER AGREEMENT EXHIBIT 10.30.1 HYCEL PROPERTIES CO. HYCEL RETAIL GROUP 7817 Forsyth Blvd. St. Louis, MO 63105-3307 Telephone ###-###-#### Facsimile ###-###-#### [HYCEL PROPERTIES CO. LOGO] September 30, 2003 Ms. Maxine Clark Build-A-Bear Workshop 1954 Innerbelt Business Center Drive St. Louis, MO 93114 Dear Maxine: This letter, when countersigned by you will serve to amend our letter agreement dated October 16, 2002 as follows: Section 4.(a)(iii) shall be stricken in its entirety and the following verbiage shall be substituted: "For each lease executed by the Company, for a property in Canada, a fee of Five Thousand Dollars ($5,000.00) payable within ten (10) days after execution." Please acknowledge your acceptance by your signature below and return one duplicate original to me for our files. Sincerely, ACCEPTED AND AGREED TO: HYCEL PROPERTIES CO. BUILD-A-BEAR WORKSHOP, INC. /s/ MARK H. ZORENSKY /s/ MAXINE CLARK --------------------------- Mark H. Zorensky Maxine Clark President Chief Executive Bear