Exhibit 10.2C
EXTENSION AGREEMENT
EXTENSION AGREEMENT entered into as of the first day of October 2002 by and
between Alicomp, a division of Alicare Inc, (Alicomp) with offices located at
000 Xxxxxxxx, X.X. 00000 and Infocrossing Inc. (IFOX) (formerly known as
Computer Outsourcing Services Inc. with offices located at 2 Christie Heights,
Leonia N.J. 07605.
WHEREAS the parties entered in an agreement dated March 21, 1997, (effective
October 1, 1997) (the Service Agreement) pursuant to which IFOX provides certain
computer related services to Alicomp and a Marketing Agreement dated March 21,
1997 (the Marketing Agreement) pursuant to which the parties share resources and
clients (collectively the Service Agreement and the Marketing Agreement are
referred to herein as the March 21, 1997 Agreement); and,
WHEREAS the term of the March 21, 1997 Agreement expires on September 30, 2002;
and
WHEREAS Alicomp and IFOX have begun negotiations with respect to the terms and
conditions of a new Service Agreement and a new Marketing Agreement but such
negotiations have not yet been completed; and
WHEREAS Alicomp desires to continue receiving services and benefits of the March
21, 1997 Agreement from IFOX during the course of the negotiations; and
WHEREAS IFOX desires to continue to provide the services and benefits of the
March 21, 1997 Agreement during the course of the negotiations;
NOW THEREFORE, in exchange for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties have agreed as
follows:
1. IFOX shall continue to provide Alicomp with all of the services set forth in
the March 21, 1997 Agreement upon the same terms and conditions as set forth
in the March 21, 1997 Agreement.
2. All of the terms of the March 21, 1997 Agreement, including but not limited
to fee schedules and payment terms, shall remain in full force and effect,
as if set forth at length herein, except as set forth in paragraph three
hereof.
3. The term of the March 21, 1997 Agreement shall be extended from October 1,
2002 until March 31, 2003 and shall thereafter automatically renew itself
for successive thirty day periods unless one party gives the other written
notice thirty days prior to the date that extended March 21, 1997 Agreement
would otherwise expire that the party does not wish to extend the term, in
which event the extended March 21, 1997 Agreement shall terminate without
further renewal.
/s/ Xxxxxx X. Xxxxxxx /s/ Xxxxxx Xxxxx
------------------------------- --------------------------
Infocrossing, Inc Alicomp
By Xxxxxx X. Xxxxxxx, President By Arthur, Kurek, President
