IHS Inc. Country Club Membership Agreement with Charles Picasso
IHS Inc. agrees to cover the initiation fee and monthly family dues for Charles Picasso's use of its Cherry Creek Country Club membership while he is employed by the company. If Charles Picasso leaves IHS Inc. for any reason, he will no longer be allowed to use the membership. This agreement outlines the terms of use and payment responsibilities related to the club membership.
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Exhibit 10.31
February 16, 2005
Mr. Charles Picasso
420 Adams Street
Denver, CO 80206
Dear Charles:
This letter is to confirm that you will be the primary user of IHS Inc.'s membership in Cherry Creek Country Club. IHS Inc. will pay for the initiation fee and the monthly family dues while you are employed by IHS Inc. At such time that you leave the employment of IHS Inc. for any reason, you will no longer be permitted to use the company's membership.
Sincerely
/s/ S. AUXER
Susan Auxer
Sr. Vice President
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- Exhibit 10.31
