J. Ronald Geyer, Jr., CCM Vice President and National Sales Manager

EX-10.30 10 dex1030.htm CONTRACT AMENDMENT TO NETWORK SERVICE AGREEMENT, DATED DECEMBER 31,2001 Contract Amendment to Network Service Agreement, dated December 31,2001

EXHIBIT 10.30

 

[GRAPHIC]  

Elan Financial Services

Service Guaranteed

 

September 25, 2003

 

Ms. Joan Mayeaux

Senior Vice President

Placer Sierra Bank

649 Lincoln Way

Auburn, CA 95603

 

RE: Contract Amendment to Network Service Agreement dated, December 31, 2001

 

Dear Joan:

 

Below are the amendments we agreed to in our past discussions.

 

Contract Amendments

 

  Signing Bonus of $*** payable on your first monthly invoice.

 

  5 Year Term from date of first transaction (consistent with original agreement).

 

  PIN Based Transactions @ $***/transaction (Increase of $***/transaction from original agreement).

 

  Off Line Debit Transactions @ $***/transaction (Increase of $***/transaction from original agreement).

 

  All other terms consistent with Agreement, dated December 31, 2001.

 

In consideration for execution of this Amendment by October 15, 2003 and conversion of Services by December 8, 2003. Bank will credit Company $*** US Dollars. This credit will be reflected on your first invoice. Any remaining credit balance will be sent to your billing account via ACH entry. Early termination provisions of the Agreement will apply (See Terms and Termination No. 4 under Agreement Section). Upon early termination notice and prior to deconversion Company shall immediately wire transfer a prorated share of the monetary consideration specified in this paragraph. This is in addition to any deconversion or damages specified in paragraphs 4.02 (e) of our Network Services Agreement dated December 31,2001.

 

Placer Sierra Bank Acceptance:
    /s/    Illegible        
   
Name    Illegible

Title

  Pres & COO

Date

  9-30-03
Elan:   /s/    Illegible        

Name 

  Illegible
   

Title

  SVP
   

Date

  11/11/03
   
Sincerely,
/s/    J. RONALD GEYER, JR., CCM        

J. Ronald Geyer, Jr., CCM

Vice President and National Sales Manager

412 ###-###-#### (w)

412 ###-###-#### (c)

 

cc: J. Beggs
     M. Wetmiller

 

225 West Station Square Drive

Suite 620

Pittsburgh, PA 15219

 


 

[***] Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 406 of the Securities Act of 1933, as amended.