Onsert Agreement [Amendment] - Lamaze Publishing Co. Inc. and Lamaze International Inc.
AMENDMENT TO ONSERT AGREEMENT
This Amendment to the Onsert Agreement is entered into by and between
the Lamaze Publishing Company, Inc. (formerly known as Lifetime Institute for
Family Education, Inc.), a Connecticut Corporation (which was referred to as
"Lifetime" in the Onsert Agreement and is referred to as "LPC" herein) and
Lamaze International, Inc. (formerly known as The American Society for
Psychopsophylaxis in Obstetrics, Inc.), a New York corporation (which was
referred to as "ASPO" in the Onsert Agreement and is referred to as "Lamaze
International" herein).
WHEREAS, the parties entered into the Onsert Agreement on December 7,
1992 for a period of five (5) years;
WHEREAS, the Onsert Agreement expired on December 7, 1997;
WHEREAS, notwithstanding the expiration of the Onsert Agreement, the
parties have continued to perform in accordance with the terms of the Onsert
Agreement and have treated the Onsert Agreement as having been renewed;
NOW, THEREFORE, in consideration of the mutual promises contained
herein and for either good and valuable consideration, the receipt of which is
hereby acknowledged, the parties hereto agree that the Onsert Agreement, as
amended by the January 1, 1996 Agreement of Modification and Clarification
between the parties, is and shall remain in full force and effect and its term
shall be extended to be consistent with, and, unless terminated for material
default justifying termination, last as long as the last to expire or terminate
of the Video Agreement, LPM Agreement, or the Loan Activity Agreement, all
described in Sections 1(A), (C) and (D) of the January 1, 1996 Agreement of
Modification and Clarification between the parties; provided that such Onsert
Agreement shall be subject to the same limitations on [illegible] as are
contained in the above-referenced LPM Agreement.
LAMAZE INTERNATIONAL, INC. LAMAZE PUBLISHING COMPANY, INC.
By: /s/ Mary [illegible] By: [illegible]
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Title: President Title: President
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Date: 6/4/99 Date: May 27, 1999
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