Amendment No. 1 to Master Agreement for Subcontracted Services between IBM and Chordiant Software, Inc.

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Summary

This amendment updates the Master Agreement for Subcontracted Services between International Business Machines Corporation (IBM) and Chordiant Software, Inc. The main change is to extend the agreement’s term, making it effective until June 13, 2008, unless ended earlier as specified in the contract. The agreement can also be extended further if both parties agree. All other terms of the original agreement remain unchanged. This amendment is effective as of June 13, 2005, and is binding once signed by both parties.

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EX-10.45 6 ex1045.htm AMENDMENT 1 TO IBM MASTER AGREEMENT FOR SUBCONTRACTED SERVICES
 
Exhibit 10.45

AMENDMENT NUMBER ONE TO
MASTER AGREEMENT FOR SUBCONTRACTED SERVICES
IBM AS PRIME CONTRACTOR
# 4902A20003


International Business Machines Corporation (“IBM”) and Chordiant Software, Inc. (“Chordiant”) hereby agree to amend the Master Agreement for Subcontracted Services IBM as Prime Contractor # 4902A20003 between the Parties dated June 14, 2002 (called the “Subcontractor Agreement”), as described below in this amendment agreement (“this Amendment” or “Amendment One”). This Amendment shall be effective June 13, 2005.

Section 11. Term and Termination. 

The first paragraph of Section 11. Term and Termination is deleted in its entirety and replaced with the following:

This Subcontractor Agreement shall remain in effect until June 13, 2008, unless earlier terminated pursuant to the provisions herein. This Subcontractor Agreement may be extended upon conclusion of the term by agreement of the Parties.


To the extent that there is a conflict between the terms of the Subcontractor Agreement and this Amendment, as relates to this Amendment, the terms of this Amendment shall govern. All other terms and conditions of the Subcontractor Agreement shall remain in full force and effect. Once signed, the Parties agree that any reproduction of this Amendment made by reliable means (i.e., photocopy or facsimile) shall be considered an original.
 
IN WITNESS WHEREOF, the Parties, acting through their authorized representatives, have caused this Amendment One to be duly executed and effective as indicated above.

International Business Machines Corporation  Chordiant Software, Inc.



By: ___/s/ Danielle Wexler____________                 By: ___ /s/ Robert Mullen ________
 
Name:  Danielle Wexler                              Name: Robert Mullen
 
Title:  Global Services Procurement Alliances                   Title: President, WW Field Operations
 
Date: May 31, 2005                                    Date:  May 27, 2005