Ex-10.1 Amend. No.1 to Management Services Agmnt

EX-10.1 4 b44506idexv10w1.txt EX-10.1 AMEND. NO.1 TO MANAGEMENT SERVICES AGMNT EXHIBIT 10.1 AMENDMENT NO. 1 TO MANAGEMENT SERVICES AGREEMENT This AMENDMENT NO. 1 TO MANAGEMENT SERVICES AGREEMENT, is dated this 3rd day of October, 2002. FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which are hereby acknowledged, the Management Services Agreement ("MSA") dated November 29, 2001, effective as of February 29, 2000, between PEARSON PLC and INTERACTIVE DATA CORPORATION, is hereby amended by adding the schedules attached hereto as Schedules 34, 35, 36 and 37 to the MSA (collectively, the "Additional Schedules"), said amendments to be effective as of the commencement of each of the respective Service Periods set forth in the Additional Schedules. This Amendment and the Additional Schedules shall be subject to all of the terms and conditions of the MSA. Except as hereby amended, the MSA is in all other respects ratified and confirmed. IN WITNESS WHEREOF, the parties have duly executed this Amendment as of the date first written above. PEARSON PLC By: /s/ Gary M. Rinck Name: Gary Rinck Title: General Counsel INTERACTIVE DATA CORPORATION By: /s/ Steven G. Crane Name: Steven G. Crane Title: Chief Financial Officer and Executive Vice President SCHEDULE 34 FT.COM - FTS VIEW Service Provider: FT Interactive Data (Europe) Limited Service Recipient: Financial Times Information Limited Service Description: Facilitate matching of news stories with home ticker codes using FTS (view only) and Securities Alert services Primary Contacts: Operations Director, FT Interactive Data (Europe) Limited, Fitzroy House, 13-17 Epworth Street, London, EC2A 4DL, England Commercial Director, Financial Times Information Limited, Castle House, 37-45 Paul Street, London, EC2A 4DL, England Fees: 5 view licences GBP6,500 p.a. (in aggregate) plus Securities Alert File(s): <10,000 securities gbp0.80 per security p.a. 10,001 to 20,000 securities gbp0.50 per security p.a. >20,000 securities GBP0.25 per security p.a. Subject to a minimum of 5,000 securities p.a. Charges from May 2001 to 31 Dec 2001 agreed at GBP5,958.33. Service Period: Commencing in May, 2001 and continuing thereafter until such time as the service is terminated in accordance with the terms of the Agreement. Notice Period for 3 months Termination: SCHEDULE 35 FT FUND RATINGS DEVELOPMENT] Service Provider: FT Interactive Data (Europe) Ltd. Service Recipient: Financial Times Ltd. Service Description: Development work for FT Fund Ratings SET-UP DEVELOPMENT GBP800 per day (32.5 days, GBP26,000 estimated) PRODUCTION GBP600 per day (29.5 days,GBP17,700 estimated) MANAGEMENT GBP700 per day (5 days,GBP3,500 estimated) ONGOING GBP600 per day (7 days p.a., GBP4,200 p.a. estimated) Primary Contacts: FTID - OPERATIONS DIRECTOR, FITZROY HOUSE FTL - GENERAL MANAGER - FT FUNDS RATINGS, OSB Fees: AS ABOVE Service Period: FROM NOV 30 2001 Notice Period for 3 MONTHS Termination: SCHEDULE 36 FTFM DEVELOPMENT Service Provider: FT Interactive Data (Europe) Ltd Service Recipient: Financial Times Ltd Service Description: Development work for FTfm EDITORIAL GBP450 per day (14 days,GBP6,300 estimated) PRODUCTION Initialisation - GBP600 per day (31 days,GBP18,600 estimated) Ongoing - GBP85.70 per hour (152 hours p.a.,GBP13,026 p.a estimated) DEVELOPMENT GBP800 per day (Estimated: - Analysis and Management = 4.5 weeks - Construction and unit testing - Alphabetic sequencing = 2 weeks - Two files creation = 4 weeks - Logos = 3 weeks (2 of which from SIGMA/PA domain) - Fund Ratings is the subject of a separate estimate - System and Acceptance testing = 6 weeks - Implementation and Production establishment = 2 weeks Annual Report Service Indicator = 10 days Total 23.5 week = 117.5 days, GBP94,000) MANAGEMENT GBP700 per day (5 days, GBP3,500 estimated) Primary Contacts: FTID - OPERATIONS DIRECTOR, FITZROY HOUSE FTL - ADVERTISING DIRECTOR, OSB Fees: AS ABOVE Service Period: FROM FEB 4 2002 Notice Period for 3 MONTHS Termination: Schedule 37 Service Provider: FT Interactive Data (Europe) Limited. ('FTID') Service Recipient: Financial Times Information Limited. ('FTIL') Service Description: Provision of cityline telephone codes within the current camera ready pages for the Daily Express, Sunday Express, Daily Star and Sunday Star. Primary Contacts: Business Manager - FINSTAT FT Interactive Data (Europe) Limited Fitzroy House, Epworth Street, London EC2A 4DL Tel: 020 7825 8676 FT.com manager Financial Times Information Limited One Southwark Bridge London SE1 9HL Tel: 020 7873 4150 Fees: FTIL shall pay the charges as specified herein: 1) Once-Off Charges:(pound)3,000. Payable within 30 days of receipt of invoice. 2) Recurring Charges: FTIL shall pay to FTID 15% of the total net revenues received by FTIL from the telecommunications network operators (i.e. after the operators have deducted sums due to them) generated by the operators' provision of the Cityline service on behalf of express Newspapers ("net revenues" means after tax deductions.) Payable monthly in arrears. Service Period: 28th June 2002 to the date of termination of either the Syndication Agreement (dated 25th June 2002) entered into between Express Newspapers and Financial Times Information Limited or (if earlier) the Market Data Agreement (dated 25th June 2002 entered into between FTID and Express Newspapers Limited. Notice Period for 90 days written notice. No termination permitted Termination: for 6 months from the Effective Date of this Additional Schedule.