Second 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 extend the term of their existing Strategic Modeling Agreement by sixty days, moving the new end date to August 16, 2001. This amendment updates the definitions of the "Data Processing Term" and "Modeling Term" to reflect the new expiration date. All other terms of the original agreement remain unchanged and in effect.

EX-10.10(2) 4 b314161x10_10-2.txt SECOND AMENDMENT TO STRATEGIC MODELING AGREEMENT Exhibit 10.10.2 SECOND AMENDMENT TO THE STRATEGIC MODELING AGREEMENT SECOND AMENDMENT TO THE STRATEGIC MODELING AGREEMENT ("Amendment") dated as of May 29, 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) and an Amendment to the Strategic Modeling Agreement on the 16th day of March 2001; WHEREAS, the Agreement, as amended, is set to terminate on June 17, 2001; and WHEREAS, The parties desire to amend their Agreement to extend the Agreement term for a period of sixty (60) days. NOW, THEREFORE, the parties hereto agree as follows: Section 1. Second 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 August 16, 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 August 16, 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: