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EXHIBIT 10.14
AMENDMENT NO. 1
TO
CONSULTING AGREEMENT
This Amendment No. 1, effective the 1st day of October, 1997, is made to that
certain Consulting Agreement between WESTERN ATLAS INC. (hereinafter "Company")
and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, dated August 1, 1996 (hereinafter called the "Agreement").
WHEREAS, the parties to the Agreement wish to extend the Duration of the
Agreement described in the Agreement for a term of one (1) year beginning on
October 1, 1997 at a Minimum Annual Fee of $150,000 and to amend the designated
Point of Contact.
NOW, THEREFORE, by mutual agreement of the parties, the Agreement is hereby
amended as follows:
1. Duration:
The date "October 1, 1996" which appears in numbered Paragraph 3 is
hereby changed to read "October 1, 1997".
2. Point of Contact:
The designated Point of Contact, "▇▇▇▇▇ ▇. ▇▇▇▇▇, Chief Executive of
the Company", set forth in Paragraph 1(b), is hereby changed to read "Chief
Executive Officer of the Company".
3. Compensation and Payment:
For the new term which shall begin on October 1, 1997 and terminate on
September 30, 1998, the Minimum Annual Fee shall again be $150,000, payable in
monthly installments of $12,500.00 per month with all other terms and conditions
remaining unchanged.
4. Notices:
The addressee of any Notice to the Company under Paragraph 10
identified to be "▇▇▇▇▇ ▇. ▇▇▇▇▇, Chairman of the Board and Chief Executive
Officer, Western Atlas Inc., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇", is hereby changed to read "Chief Executive Officer, Western Atlas Inc.,
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇".
5. Other Terms and Conditions:
Except as modified herein all terms and conditions of the Agreement
shall remain in full force and effect as originally written.
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IN WITNESS WHEREOF, the parties hereto have signed and delivered this
Amendment No. 1 as of the date first written above.
CONSULTANT WESTERN ATLAS INC.
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
--------------------------------- ---------------------------------
▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇ ▇. ▇▇▇▇▇
Chairman and Chief Executive
Officer
Dated: 9/16/97 Dated:
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