November 25, 1997 The undersigned hereby agree that Young America Corporation (the "Corporation") shall pay certain management fees to BT Capital Partners, Inc. ("BT") and Ontario Teachers' Pension Plan Board ("OTPB") for services to be rendered to...
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Exhibit 10.9
A G R E E M E N T
November 25, 1997
The undersigned hereby agree that Young America Corporation (the
"Corporation") shall pay certain management fees to BT Capital Partners, Inc.
("BT") and Ontario Teachers' Pension Plan Board ("OTPB") for services to be
rendered to the Corporation by such entities during the term of the
Stockholders' Agreement dated as of November 25, 1997 among the Corporation, BT,
OTPB and the other parties named therein (the "Stockholders' Agreement"). Such
services shall include, without limitation, financial and strategic planning and
management consulting. Accordingly, on or before December 31 of each year during
the term of the Stockholders' Agreement (beginning with the calendar year ending
December 31, 1998) the Corporation shall pay or cause to be paid to BT an amount
equal to $187,500 and shall pay or cause to be paid to OTPB an amount equal to
$62,500.
YOUNG AMERICA CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇
----------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇
Title: President
BT CAPITAL PARTNERS, INC.
By:
----------------------------
Name:
Title:
ONTARIO TEACHERS' PENSION
PLAN BOARD
By:
----------------------------
Name:
Title:
2
A G R E E M E N T
November 25, 1997
The undersigned hereby agree that Young America Corporation (the
"Corporation") shall pay certain management fees to BT Capital Partners, Inc.
("BT") and Ontario Teachers' Pension Plan Board ("OTPB") for services to be
rendered to the Corporation by such entities during the term of the
Stockholders' Agreement dated as of November 25, 1997 among the Corporation, BT,
OTPB and the other parties named therein (the "Stockholders' Agreement"). Such
services shall include, without limitation, financial and strategic planning and
management consulting. Accordingly, on or before December 31 of each year during
the term of the Stockholders' Agreement (beginning with the calendar year ending
December 31, 1998) the Corporation shall pay or cause to be paid to BT an amount
equal to $187,500 and shall pay or cause to be paid to OTPB an amount equal to
$62,500.
YOUNG AMERICA CORPORATION
By:
----------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇
Title: President
BT CAPITAL PARTNERS, INC.
By: /s/ [ILLEGIBLE]
----------------------------
Name:
Title:
ONTARIO TEACHERS' PENSION
PLAN BOARD
By:
----------------------------
Name:
Title:
3
A G R E E M E N T
November 25, 1997
The undersigned hereby agree that Young America Corporation (the
"Corporation") shall pay certain management fees to BT Capital Partners, Inc.
("BT") and Ontario Teachers' Pension Plan Board ("OTPB") for services to be
rendered to the Corporation by such entities during the term of the
Stockholders' Agreement dated as of November 25, 1997 among the Corporation, BT,
OTPB and the other parties named therein (the "Stockholders' Agreement"). Such
services shall include, without limitation, financial and strategic planning and
management consulting. Accordingly, on or before December 31 of each year during
the term of the Stockholders' Agreement (beginning with the calendar year ending
December 31, 1998) the Corporation shall pay or cause to be paid to BT an amount
equal to $187,500 and shall pay or cause to be paid to OTPB an amount equal to
$62,500.
YOUNG AMERICA CORPORATION
By:
----------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇
Title: President
BT CAPITAL PARTNERS, INC.
By:
----------------------------
Name:
Title:
ONTARIO TEACHERS' PENSION
PLAN BOARD
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
----------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Title: Portfolio Manager