Amendment to Strategic Modeling Agreement between Business Transactions Express, Inc. and The Credit Store, Inc.

Summary

Business Transactions Express, Inc. and The Credit Store, Inc. have agreed to amend their existing Strategic Modeling Agreement, originally set to end on March 17, 2001. This amendment extends the agreement's term by three months, with both the Data Processing Term and Modeling Term now ending at 11:59 p.m. on June 17, 2001. All other terms of the original agreement remain unchanged and in effect.

EX-10.10(1) 3 b314161x10_10-1.txt AMENDMENT TO THE STRATEGIC MODELING AGREEMENT Exhibit 10.10.1 AMENDMENT TO THE STRATEGIC MODELING AGREEMENT AMENDMENT TO THE STRATEGIC MODELING AGREEMENT ("Amendment") dated as of March 16, 2001 among BUSINESS TRANSACTIONS EXPRESS, INC., a Delaware corporation ("BTE"), and THE CREDIT STORE INC., a Delaware corporation ("TCS"). WITNESSETH, THAT: WHEREAS, BTE and TCS entered into a Strategic Modeling Agreement on the 18th day of March, 1999 ("Agreement); WHEREAS, the Agreement was set to terminate on March 17, 2001; and WHEREAS, The parties desire to amend their Agreement to extend the Agreement term for a period of three (3) months. NOW, THEREFORE, the parties hereto agree as follows: Section 1. Amendment to the Strategic Modeling Agreement. (a) The "Data Processing Term" definition is amended in its entirety to read as follows: "Data Processing Term" means the period beginning on the date hereof and ending at 11:59 p.m. on June 17, 2001." (b) The "Modeling Term" definition is amended in its entirety to read as follows: "Modeling Term" means the period beginning on the date hereof and ending at 11:59 p.m. on June 17, 2001." Section 2. Counterparts; Effectiveness. This Amendment may be executed in any number of counterparts, and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. Section 3. Affirmation. The parties hereto affirm and acknowledge that the Agreement, as amended by this Amendment, is, and remains, in full force and effect in accordance with its terms. IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their duly authorized representative as of the day and year first above written. BUSINESS TRANSACTIONS EXPRESS, INC. By -------------------------------------- Its: THE CREDIT STORE, INC. By -------------------------------------- Its: