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AMENDMENT TO SERVICES AGREEMENT

Consulting Services Agreement

AMENDMENT TO SERVICES AGREEMENT | Document Parties: SIELOX INC | Barington Capital Group, LP | Dynabazaar, Inc | L Q Corporation, Inc | LNA Capital Corp | LQ Merger Corp You are currently viewing:
This Consulting Services Agreement involves

SIELOX INC | Barington Capital Group, LP | Dynabazaar, Inc | L Q Corporation, Inc | LNA Capital Corp | LQ Merger Corp

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Title: AMENDMENT TO SERVICES AGREEMENT
Date: 3/31/2008
Industry: Business Services     Sector: Services

AMENDMENT TO SERVICES AGREEMENT, Parties: sielox inc , barington capital group  lp , dynabazaar  inc , l q corporation  inc , lna capital corp , lq merger corp
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Exhibit 10.7


AMENDMENT TO SERVICES AGREEMENT


This amendment (“Amendment”) dated as of May 18, 2007 is by and between Barington Capital Group, L.P., a New York limited partnership with an address at 888 Seventh Avenue, 17 th Floor, New York, New York 10019 (“BCG”), and Dynabazaar, Inc., a Delaware corporation with an address at 888 Seventh Avenue, 17 th Floor, New York, New York 10019 (the “Company”).



RECITALS:


WHEREAS, the Company and BCG are parties to that certain Services Agreement, dated as of December 17, 2004, as amended (the “Agreement”);


WHEREAS, the Company is party to the Amended and Restated Agreement and Plan of Merger entered into as of February 26, 2007 by and among the Company, L Q Corporation, Inc., a Delaware corporation, and LQ Merger Corp., a Delaware corporation and a wholly-owned subsidiary of the Company (the “Merger Agreement”);


WHEREAS, the Company believes that it will have sufficient resources following the closing  (the “Closing”) of the transactions contemplated by the Merger Agreement such that it will no longer be required to receive the administrative services being performed by BCG on behalf of the Compa


 
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