- 7 - variables in an economy, and how such relationships may affect investment prices. H. Knox will attempt to make the software include an effective “Sales” type approach which will allow a user who is a financial planner to introduce the software’s (and his) abilities to a prospective client, who must be “sold” in a very short presentation. On July 9, 1984, the partnership and Knox executed another Amendment to Research Contract. For an additional flat fee of $241,500, Knox agreed to additional tasks specified as follows: I. Knox will attempt to adapt the latest techniques of educational psychology to make the software a powerful teaching tool, to train the user in each area of planning covered by the Research Agreement. This training and teaching does not apply to computer or software program use, but to financial planning itself. Thus, it is hoped that the software will teach financial planning as well as do financial planning, both using software techniques which are new and unique. J. Knox will attempt to make the software, in its functions as a planning, teaching, and sales tool adaptable to the various primary distributors of financial planning, such as banks, life insurance companies, and securities brokers, so that their particular products are emphasized and highlighted. On November 29, 1987, the partnership and Knox executed another Amendment to Research Agreement. That amendment stated in part: Whereas, Gregory A. Knox having agreed to do research over an eleven year period, at the order and specification of the partnership in exchange for certain sums, to be paid entirely at the risk of the partnership, and, such payments have been facilitated by the previous assignment of partnership receivables in the form of notes, the parties to such Research Agreement hereby amend it according to the following considerations:Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Next
Last modified: May 25, 2011