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EXHIBIT 10.2.2
ADDENDUM TO THE VENDOR AGREEMENTS FOR LEVEL 1
SERVICE AND LAST SALE SERVICE OF THE NASDAQ
STOCK MARKET, INC.
This addendum ("Addendum"), dated as of the date executed by
The Nasdaq Stock Market, Inc. ("Nasdaq"), amends any Vendor Agreement for Level
1 Service and Last Sale Service offered by The Nasdaq Stock Market, Inc.,
(collectively, the "Vendor Agreement") made by and between The Nasdaq Stock
Market, Inc., a Delaware corporation that is an affiliate of the National
Association of Securities Dealers, Inc. ("NASD") (a registered national
securities association subject to regulation by the Securities and Exchange
Commission ("SEC") under the Securities Exchange Act of 1934 ("Act")) (NASD with
its affiliates is collectively referred to herein as the "Corporations") whose
principal place of business is located at 0000 X Xxxxxx, X.X., Xxxxxxxxxx, X.X.
00000 and FIRST INTERNATIONAL FINANCIAL CORP ("Vendor") with a principal place
of business at 000 00XX XXX X.X., XXXXXXX, XXXXXXX, XXXXXX.
Section 1. Non-Professional Subscriber Pricing. Under this
Addendum, Vendor shall be charged $2.00 per month for each Non-Professional
Subscriber and $.005 per query, subject to the Revenue Guarantee set forth in
Section 3 herein.
Section 2. Subscriber Agreements. Vendor shall ensure that all
Subscribers are subject to a legally effective Subscriber Agreement as set forth
in the Vendor Agreement.
Section 3. Revenue Guarantee. Each month, Vendor guarantees
Nasdaq revenue equal to the lower of: (1) the number of Vendor's
Non-Professional Subscribers in that month times $4.00, plus Vendor's per query
usage in that month times $.01; or (2) $21,344.86 which equals 75% of Vendor's
Non-Professional and query revenue from December, 1998.
Section 4. Classification of Non-Professionals. Nasdaq shall
ensure that all of Vendor's non-professional Subscribers meet Nasdaq's
definition of "non-professional" Subscriber.
Section 5. Term. Unless otherwise notified by Nasdaq, Vendor
acknowledges that this is a pilot program that shall terminate, without notice,
on March 31, 2000. Nasdaq reserves the right to terminate this Addendum and/or
the pilot program with or without cause, at an earlier date, upon notice to
Vendor.
Section 6. Ratification of Vendor Agreement. Except as
modified herein, the Vendor Agreement is hereby affirmed and ratified. Section
headings are included for convenience only and are not to be used to construe or
interpret the Vendor Agreement or this Addendum. Unless otherwise set forth in
this Addendum, defined terms shall have the meanings set forth in the Vendor
Agreement.
The Nasdaq Stock Market, Inc. FIRST INTERNATIONAL FINANCIAL CORP.
("Vendor")
By: By: /s/ Xxxx Xxxx
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Name: Name: XXXX XXXX
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Title: Title: PRESIDENT
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Date: Date: MAY 20, 1999
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