Exhibit 10.6.2
CONTRACT AMENDMENT AGREEMENT (Number 1)
This Agreement is made this 12 day of May, 2003, between British
Telecommunications plc whose registered office is at ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇
▇▇▇▇ ▇▇▇ ("BT") and Playboy TV UK Limited whose registered office is at ▇▇▇▇▇
▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇ ("the Customer").
WHEREAS
A. The Customer entered into a contract with BT on 31st October 2002
for the provision of a combined compressed uplink and eurobird space
segment service ("the Contract");
B. The Customer wishes to amend the Contract with BT as described
below;
C. BT has agreed to amend the Contract on the terms and conditions set
out below.
NOW IT IS HEREBY AGREED AS FOLLOWS:-
The Clauses and Conditions of the Contract shall be amended as set out below,
such amendments to be effective from 9th May, 2003.
1. Schedule 2 of the Contract shall be amended as follows:
a. Replace "Service Expiry Date 25th November 2005" with
"Service Expiry Date 13th July 2006"
b. Replace "At Customers sole discretion, and on the
provision by Customer to BT of at least six months
written notice in advance of the Expiry Date first above
written, this Contract may be extended, on the terms and
conditions set forth herein, for a period of three years
such that the Expiry Date shall be 25th November 2008"
with "At Customers sole discretion, and on the provision
by Customer to BT of at least six months written notice
in advance of the Expiry Date first above written, this
Contract may be extended, on the terms and conditions
set forth herein, for a period of three years such that
the Expiry Date shall be 13th July 2009."
2. The Contract shall remain in full force and effect as amended by
this Agreement.
3. This Agreement shall be governed and construed in accordance with
English Law and the parties agree to submit to the exclusive
jurisdiction of the English Courts.
For and on behalf of the Customer
Signed /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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Name & Title ▇▇▇▇▇▇ ▇. ▇▇▇▇, Company Secretary
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For and on behalf of BT
Signed /s/ P.A. ▇▇▇▇▇▇▇
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Name & Title P.A. ▇▇▇▇▇▇▇, Product Director BT Broadcast Services
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