Sample Business Contracts
FIRST AMENDMENT TO VENDOR AGREEMENT
This FIRST AMENDMENT TO THE VENDOR AGREEMENT (this First Amendment) is effective as of February 1, 2003 (the First Amendment Effective Date) by and between BEST BUY PURCHASING LLC and TIVO INC.
WHEREAS, Best Buy Co., Inc. and TiVo Inc. entered into that certain Vendor Agreement having an effective date of March 3, 2002 (the Vendor Agreement);
WHEREAS, Best Buy Co., Inc. and TiVo Inc. have previously extended the term of the Vendor Agreement;
WHEREAS, Best Buy Co., Inc. assigned all of its rights and obligations under the Vendor Agreement to Best Buy Purchasing LLC; and
WHEREAS, Best Buy Purchasing LLC and TiVo Inc. wish to further extend the term of the Vendor Agreement.
NOW, THEREFORE, Best Buy Purchasing LLC and TiVo Inc. agree as follows:
Unless stated otherwise, capitalized terms used herein shall have the meanings set forth in the Vendor Agreement.
1. TERM. Section 16.1 of the Vendor Agreement is hereby amended by replacing February 1, 2003 with February 29, 2004.
2. EFFECT OF AMENDMENT. Except as expressly modified herein, all other terms and conditions of the Vendor Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, Best Buy Purchasing LLCs and TiVo Inc.s respective duly authorized officers have executed this First Amendment. This First Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same original.