1
EXHIBIT 10.16
U.S.A.
RENEWAL AND AMENDMENT
OF LICENSE AGREEMENT
THIS RENEWAL AND AMENDMENT AGREEMENT effective as of the 1st day
of February, 1998 by and between PepsiCo, Inc., a corporation of the State of
North Carolina, with its principal place of business at 000 Xxxxxxxx Xxxx Xxxx,
Xxxxxxxx, Xxx Xxxx 00000, X.X.X. (hereinafter referred to as "LICENSOR") and
Xxxxxxxxxxx Xxxxx & Co., a corporation of the State of New Jersey, with its
principal place of business at 0000 Xxxxxxxxx Xxxx., Xxxxx Xxxxxxx, Xxxx 00000
(hereinafter referred to as "LICENSEE").
WHEREAS, LICENSOR and LICENSEE are parties to a certain License
Agreement dated February 1, 1996, amended on October 1, 1996, and wish to renew
and amend said Agreement only as specifically set forth below; without
modifying, changing or otherwise amending any other provisions of said
Agreement, and therefore the parties agree as follows:
To renew for two (2) years, namely, February 1, 1998 through January
31, 2000.
IN WITNESS WHEREOF, the parties hereto have executed this
Renewal Agreement effective as of the date and year first set forth hereinabove.
PepsiCo, Inc. (LICENSOR)
By: /s/ Xxxxxxx X. Xxxxxxxxxxx
Name: Xxxxxxx X. Xxxxxxxxxxx
Title: Vice President
Xxxxxxxxxxx Xxxxx & Co. (LICENSEE)
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Executive Vice President
