Statement of Terms Concerning Child Development Newsletter - American Society for Psychoprophylaxis In Obstetrics Inc. (ASPO/Lamaze) and Lamaze Publishing Inc.
STATEMENT OF TERMS CONCERNING CHILD DEVELOPMENT NEWSLETTER
1. Fees to ASPO/Lamaze - ASPO/Lamaze to be paid $5,000 by Lamaze
Publishing Company, Inc. ("LPM") in February, 1994. In January of each year
therafter in which the newsletter is published, ASPO/Lamaze shall be paid
$5,000. In addition, if subscription sales for 1994 or any subsequent year in
which the newsletter is published exceed $500,000, ASPO/Lamaze shall be paid an
additional $5,000 in the month of each year in which subscription sales reach
$500,000, for a total of $10,000 for such year. If subscription sales are
already at $500,000 in January of 1995 or any year thereafter, ASPO/Lamaze shall
receive its $10,000 for such year in January.
2. Editorial Board - The Editorial Board for the newsletter shall
consist of two persons recommended by ASPO/Lamaze and appointed by LPM. LPM
shall pay each of the members of the Editorial Board $2,500 on January 1 of
1994. Any fees to be paid such members for years after 1994 shall be negotiated
between the members and LPM, and shall be based upon the degree of work
required. Such Editorial Board shall have that authority and responsibility as
is explained for an Editorial Board in Paragraph 3 of Page 7 of the August 2,
1990 LPM Agreement.
SEEN AND AGREED TO:
ASPO/Lamaze
By: /s/ Judith Lathian July 10, 1993
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Date
President
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Title
SEEN AND AGREED TO:
LAMAZE PUBLISHING COMPANY, INC.
By: [illegible] August 20, 1993
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Date
President
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Title