Exhibit 10.27
AMENDMENT NO. 5 TO MANAGEMENT SERVICES AGREEMENT
FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which
are hereby acknowledged, the Management Services Agreement ("MSA") dated
November 29, 2001, effective as of February 29, 2000, between XXXXXXX PLC and
INTERACTIVE DATA CORPORATION, as amended, is hereby further amended effective as
of July 1, 2004, (the "Effective Date"), by:
(a) deleting existing Schedule 20; and
(b) adding new Schedule 44, a copy of which is attached hereto and made a
part hereof.
This Amendment shall be subject to all of the terms and conditions of the
MSA. Except as hereby amended, the MSA is in all other respects ratified and
confirmed.
IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment as
of the Effective Date.
XXXXXXX PLC
By:
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Name:
Title:
INTERACTIVE DATA CORPORATION
By:
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Name:
Title:
SCHEDULE 44
DISASTER RECOVERY SITE SERVICES
Service Provider: Xxxxxxx plc ("Pearson")
Service Recipient: Interactive Data Corporation and its subsidiaries
(collectively, "Interactive Data")
Service Description: Pearson will provide IDCO with the following:
Pearson has entered into a Disaster Recovery Services
Agreement dated 1st July 2004 (the "SunGard Agreement")
by and between Pearson and SunGard Availability
Services (DR) Limited "SunGard"), pursuant to which
SunGard has agreed to provide Pearson and its
affiliates, including Interactive Data, with United
Kingdom based disaster recovery services.
Interactive Data is entitled to access and use the
United Kingdom disaster recovery site and the
associated technology contracted for in the SunGard
Agreement. The associated technology consists of Intel
file servers, communications equipment, and PC drop
ship services.
Interactive Data is allocated up to 140 seats (out of a
total of 840) at the United Kingdom disaster recovery
site and may participate (on a 140/840 basis) in
services offered under the SunGard Agreement on the
same terms and conditions as are applicable to Pearson
and its other affiliates.
Primary Contacts: Xxxxx Xxxxx at Xxxxxxx Technology tel (0) 00 0000 0000
Xxxx XxXxxxxxxx at Interactive Data tel 0-000-000-0000
Fees: For the initial period of 01-July 04 through 31 Dec 04,
the fee shall be GBP16,275..
Thereafter Interactive Data shall pay Pearson annual
fees of GBP32,550 for the seats and GBP 5,032 for the
associated technology. This amount represents 140/700,
or 20%, of the aggregate fees charged to Pearson under
the SunGard Agreement. The fees are fixed for the term
of the SunGard Agreement.
Service Period: Term: the period commencing 01-July-2004 and ending
31-Dec-2007
The Pearson SunGard contract term is 01-Jan-2003
through 31-Dec-2007
Notice Period for
Termination: N/A. Early termination would require mutual agreement
and, if permitted by Pearson, may result in SunGard
penalties becoming due which would be payable by IDCO,
unless the equivalent value can be re-allocated
elsewhere in the Pearson group.
