Exhibit 10.23
AMENDMENT TO INTERNATIONAL EXCLUSIVE LICENSE AGREEMENT
This Amendment is made and entered into by and between BHPC Marketing, Inc.
("LICENSOR") and I.C. ▇▇▇▇▇▇ Europe, S.L. by name change from Zacari 2000,
S.L. ("LICENSEE") and is dated as of June 3, 1997. This Amendment amends and
modifies that certain International Exclusive License Agreement between
LICENSOR and LICENSEE dated August 15, 1996 (the "Agreement").
(I)
The promises, covenants, agreements and declarations made and set forth
herein are intended to and shall have the same force and effect as if set
forth at length in the body of the Agreement. To the extent that the
provisions of this Amendment are inconsistent with the terms and conditions
of the AGREEMENT, the terms set forth herein shall control.
(II)
1. Effective as of May 1, 1997, the License Agreement Detail Schedule
(Retail Stores) is hereby deleted and the following is hereby inserted:
"4. Renewal Term FROM TO
------------ ---- --
First Renewal Period (if any): January 1, 2000 December 31, 2002
Second Renewal Period (if any): January 1, 2002 December 31, 2004"
2. Paragraph 7(b) of the Agreement is hereby amended by deleting all
references to one-year renewal periods and referring in their place to
the three-year renewal terms provided for in the License Agreement Detail
Schedule as amended above.
3. The Amendment to the Agreement dated April 28, 1997, is no longer in
effect.
(III)
LICENSOR and LICENSEE acknowledge and agree that the Agreement, as amended by
this Amendment, remains in full force and effect and represents the entire
Agreement of the parties with respect to the matters contained herein.
IN WITNESS WHEREOF, the parties hereto agree that this Amendment shall take
effect as of the date and year first written above.
LICENSOR: LICENSEE:
BHPC MARKETING, PNC. I. C. ▇▇▇▇▇▇ & CO., L.P.
BY: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇ BY: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇
------------------------- -------------------------
▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇
Director of Licensing Chairman of the Board
DATE: 6/23/97 DATE: 6/24/97
----------------- ------------------
BY: /s/ ▇▇▇▇▇▇ ▇▇▇▇
-------------------------
▇▇▇▇▇▇ ▇▇▇▇
President, C.E.O.
DATE: 6/24/97
------------------