New York-New York-601 West 26th Street Sublease [Amendment No. 1] - Tomar Studios Inc., Screaming Media.com Inc. and Jay Chiat
AMENDMENT NO. 1 TO AGREEMENT
THIS AMENDMENT NO. 1 TO AGREEMENT (this "Amendment") is made as of
February 4, 2000 by and among Tomar Studios, Inc., a New York corporation having
an address at 601 West 26th Street, 13th Floor, New York, New York 10001
("Tomar"); Screaming Media.com Inc., a Delaware corporation having an address at
601 West 26th Street, 13th Floor, New York, New York 10001 ("Screaming Media"),
and Jay Chiat, an individual with a business address c/o Screaming Media.com
Inc. 601 West 26th Street, 13th Floor, New York, New York 10001 ("Guarantor").
WHEREAS, the parties hereto have entered into an Agreement dated January
28, 2000 (the "Agreement"), providing for a Closing at which the parties would
exchange consideration and enter into certain documents and agreements; and
WHEREAS, the parties hereto have agreed to make certain changes to the
documents and agreements into which they will enter into at Closing,
THEREFORE, in consideration of the mutual covenants, representations,
warranties and agreements hereinafter set forth, and intending to be legally
bound hereby, Tomar, Screaming Media, and Guarantor hereby agree as follows:
1. The form of Sublease provided for in Exhibit A to the Agreement shall
be amended to be the form of the Sublease actually entered into between Tomar
and Screaming Media as of the date hereof.
2. The form of Guaranty provided for in Exhibit B to the Agreement shall
be amended to be the form of the Guaranty actually entered into by Guarantor as
of the date hereof.
3. The form of Landlord's Waiver provided for in Exhibit D to the
Agreement shall be amended to be the form of the Landlord's Waiver actually
entered into among Landlord, Tomar and Screaming Media as of the date hereof.
4. The form of Tonar Indemnity provided for in Exhibit F to the Agreement
shall be amended to be the form of the Tomar Indemnity actually executed by
Tomar as of the date hereof.
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5. The form of Screaming Media Acknowledgment provided for in Exhibit G
to the Agreement shall be amended to be the form of the Screaming Media
Acknowledgment actually executed by Screaming Media as of the date hereof.
6. All terms used herein shall have the meaning ascribed to them in the
Agreement.
7. Except as otherwise specified herein, all terms and provisions of the
Agreement shall remain unchanged and in full force and effect.
IN WITNESS WHEREOF, the parties hereto have each executed this Amendment
or caused this Amendment to be executed by their duly authorized officers, as
appropriate, in each case as of the date first above written.
TOMAR STUDIOS, INC.
By: /s/ Tom Marazza
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Name:
Title:
SCREAMING MEDIA.COM INC.
By: /s/ Jay Chiat
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Name: Jay Chiat
Title: Chairman
JAY CHIAT
/s/ Jay Chiat
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