Exhibit 10.3
Amendment No. 3 to Trade
Name License Agreement
AMENDMENT NO. 3 dated as of
March 23, 2006 to the Trade Name License Agreement (the
“Agreement”) dated as of the 14
th
day of July 1998, by and
between Time Warner Inc., a Delaware corporation, located at One
Time Warner Center, New York, New York, 10019 (hereinafter
“Licensor”), and Time Warner Telecom Inc., a Delaware
corporation and successor to Time Warner Telecom LLC, located at
10475 Park Meadows Drive, CO 80214 (hereinafter
“Licensee”).
WHEREAS, Licensor and Licensee
entered into the Agreement for the use by Licensee of the name
“Time Warner” for an Initial Term of four
(4) years ending July 13, 2002;
WHEREAS, Licensor and Licensee
amended the Agreement extending the Initial Term by two
(2) years to a total of six (6) years ending
July 13, 2004 by executing AMENDMENT NO. 1 TO TRADE NAME
LICENCE AGREEMENT dated as of April 17, 2001;
WHEREAS, Licensor and Licensee
amended the Agreement extending the Initial Term by two
(2) additional years to a total of eight (8) years ending
July 13, 2006 by executing AMENDMENT NO. 2 TO TRADE NAME
LICENCE AGREEMENT dated as of August 7, 2003; and
WHEREAS, Licensor and Licensee wish
to extend the Initial Term of the Agreement until July 13,
2007.
NOW, THEREFORE, the parties hereto
hereby agree as follows:
1. Section 3(a) of the
Agreement is amended to read in its entirety as follows: “The
term of this Agreement shall commence on the date set forth on page
one hereof and, unless earlier terminated as provided herein, shall
continue until July 13, 2007 (hereinafter the “Initial
Term”).”
2. Section 3(b) shall be
deleted.
3.