Amendment to Distribution Services Agreement between MCSi, Inc. and Zengine, Inc. (August 17, 2000)

Contract Categories: Business Operations › Distribution Agreements
Summary

MCSi, Inc. and Zengine, Inc. have agreed to amend their existing Distribution Services Agreement, originally dated October 1, 1999. The amendment changes how Zengine will pay MCSi for using MCSi's warehouse in Erlanger, Kentucky. Now, each fiscal quarter, Zengine will pay a fee based on 30% of the warehouse's total gross expenses, minus costs related to the FedEx Project and other payments already made under the agreement. All other terms of the original agreement remain unchanged.

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EX-10.4-2 6 ex-10_42.txt EXHIBIT 10.4.2 Exhibit 10.4.2 MCSi, INC. 4750 HEMPSTEAD STATION DRIVE DAYTON, OHIO 45429 August 17, 2000 Joseph M. Savarino President Zengine, Inc. 6100 Stewart Avenue Fremont, CA 95438 Re: Distribution Services Agreement Dear Joe: Pursuant to Section 14(k) of the Distribution Services Agreement by and between Miami Computer Supply Corporation (the corporate predecessor to MCSi, Inc.) ("MCSi") and Zengine, Inc. ("Zengine"), dated as of October 1, 1999 (the "Agreement") as amended on June 1, 2000, the parties to the Agreement hereby agree to amend the Section 2 of the Agreement by deleting subsection (c) in its entirety and replacing it with the following: "(c) On or before the end of each fiscal quarter through the term of the Distribution Services Agreement, Zengine shall pay to MCSi a fee for its use of MCSi's warehouse facility in Erlanger, Kentucky ("Warehouse") in the amount of the excess of 30% of the total gross expenses of the Warehouse less the cost of the Warehouse dedicated to the FedEx Project and less the amount paid by Zengine to MCSi for the respective quarter under other provisions of the Distribution Services Agreement." Except as set forth above, the Agreement shall remain in full force and effect pursuant to the terms and conditions thereof. Please signify your agreement to this amendment to the Agreement by signing a copy of this letter in the space provided below and returning the copy to me as soon as possible. Feel free to call me if you have any questions regarding this matter. Sincerely, /s/ Ira H. Stanley ------------------- Ira H. Stanley Vice President and Chief Financial Officer Agreed and accepted: ZENGINE, INC. By: /s/ Louis Lipinski --------------------- Louis Lipinski Chief Financial Officer Date: August 17, 2000