Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - CCUR Holdings, Inc. | tm2014569-1_10q.htm |
| EX-32.2 - EXHIBIT 32.2 - CCUR Holdings, Inc. | tm2014569d1_ex32-2.htm |
| EX-32.1 - EXHIBIT 32.1 - CCUR Holdings, Inc. | tm2014569d1_ex32-1.htm |
| EX-31.2 - EXHIBIT 31.2 - CCUR Holdings, Inc. | tm2014569d1_ex31-2.htm |
| EX-31.1 - EXHIBIT 31.1 - CCUR Holdings, Inc. | tm2014569d1_ex31-1.htm |
Exhibit 10.3
CIDM, LLC
2200 Fletcher Avenue, Suite 501
Fort Lee, NJ 07024
February 26, 2020
Wayne Barr, Jr.
Chief Executive Officer
CCUR HOLDINGS, INC.
6740 East Johns Crossing – Suite 490
Duluth, Georgia 30097
Dear Wayne:
Reference is made to that certain Management Agreement, dated as of February 14, 2019, by and between CIDM LLC (“CIDM”), and CCUR Holdings, Inc. (“CCUR”) (the “Management Agreement”), as amended.
Pursuant to, and in conformity the terms of the Management Agreement, CIDM hereby provides notice to CCUR of its intention to assign all of its interest in the Management Agreement along with any rights arising thereunder, to CIDM II, LLC, which is an affiliate of, and under the control of, Julian Singer, the principal of CIDM; the services under the Management Agreement shall continue to be provided principally by Julian Singer.
The Management Agreement creates some ambiguity as to whether this assignment requires only notice under Paragraph 16, or consent under Paragraph 24. For the avoidance of doubt, CIDM hereby requests that CCUR consent to such assignment by executing a copy of this letter in the space provided.
Very truly yours,
CIDM LLC
/s/ Julian Singer
By: Julian Singer
APPROVED AND CONSENT GRANTED
/s/ Wayne Barr, Jr.
By: Wayne Barr, Jr.
Its: CEO & President
cc via email:
Wayne Barr, Jr.
Heather Asher, Esq.