Amendment Three to Subcontractor Agreement #4902A20003 between IBM and Chordiant Software, Inc.
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Summary
This amendment updates the subcontractor agreement between International Business Machines Corporation (IBM) and Chordiant Software, Inc. The main change is to extend the agreement’s term, making it effective until December 31, 2010, 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. The amendment is effective upon the last signature by both parties.
EX-10.94 14 ex1094.htm ex1094.htm
Exhibit 10.94
Subcontractor Agreement #4902A20003
Amendment Number Three (3) to
The 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 Mater 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 (“this Amendment” or “Amendment Three”). This Amendment shall be effective on the date of last signature below.
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 December 31, 2010, unless earlier terminated pursuant to the provisions herein. This Subcontractor Agreement may be extended upon conclusion of the terms 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 the 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 matters (i.e., photocopy or facsimile) shall be considered an original.
In witness Whereof, the Parties, acting through their authorized representatives, have caused this Amendment Three to be duly executed and effective as indicated above.
International Business Machines Corporation | Chordiant Software, Inc. |
By: | /s/illegible for Thomas West | By: | /s/ Peter Norman | |
Name: | Thomas L. West | Name: | Peter Norman | |
Title: | Procurement Alliance Relationship Manager | Title: | Chief Financial Officer | |
Date | 12/21/07 | Date | Dec. 21, 2007 |