AMENDMENT NO. 1 TO AGREEMENT CONCERNING TRANSFER
OF CERTAIN ASSETS
Costco Companies, Inc., formerly known as Price/Costco, Inc. ("Costco"),
Price Enterprises, Inc ("PEI"), The Price Company ("TPC"), Price Costco
International, Inc. ("PCII"), Costco Wholesale Corporation ("CWC"), Price Global
Trading, L.L.C. ("Price Global"), PGT, Inc. ("PGT"), Price Quest, L.L.C. ("Price
Quest") and PQI, Inc. ("PQI") hereby amend their Agreement Concerning Transfer
of Certain Assets dated November 21, 1996 (the "Transfer Agreement"), as
follows:
The references in paragraph 3.6(f) and 3.6(h) of the Transfer Agreement to the
"Price Costco", "Price Costco Auto Program", and "Price Costco Travel
Program" marks or names are hereby amended to refer, respectively, to the
"Costco", "Costco Auto Program", and "Costco Travel" marks and names.
All obligations of PEI and its Downstream Affiliates under paragraph 3.6(l) of
the Transfer Agreement with respect to Internet domain names shall apply
also to Internet domain names containing (a) the term "Costcoauto", or (b)
the word "Costco" either alone or as part of any other term.
Except as explicitly stated in paragraph 1 and 2 above, all of the other
provisions, terms and conditions of the Transfer Agreement remain
unchanged.
Dated the 29th day of May, 1997.
COSTCO COMPANIES, INC.
By:
----------------------------
Name:
Title:
PRICE ENTERPRISES, INC.
By:
----------------------------
1
Name:
Title:
THE PRICE COMPANY
By:
----------------------------
Name:
Title:
PRICE COSTCO INTERNATIONAL, INC.
By:
----------------------------
Name:
Title:
COSTCO WHOLESALE CORPORATION
By:
----------------------------
Name:
Title:
PRICE GLOBAL TRADING, L.L.C.
By:
----------------------------
Name:
2
Title:
3
PRICE QUEST, L.L.C.
By:
----------------------------
Name:
Title:
PQI, INC.
By:
----------------------------
Name:
Title:
4