Document:

Exhibit 10.60

 

AGREEMENT FOR LEGAL SERVICES

 

	
  Role:

  	
   

  	
  AIC’s Acting General Counsel and Secretary; the
  primary provider of in-scope legal services to AIC and its Board; services to
  be provided on a preferential “MFN” basis

  
	
   

  	
   

  	
   

  
	
  Fee Structure:

  	
   

  	
  Fixed fee covering two lawyers on-site for two
  days each per week (four lawyer-days per week), plus additional services on
  an hourly basis

  
	
   

  	
   

  	
   

  
	
  Fixed Fee, partner:

  	
   

  	
  $2,000/day, minimum of two days per week
  (typically on-site Tues. & Weds.)

  
	
   

  	
   

  	
   

  
	
  Fixed Fee, associate:

  	
   

  	
  $600/day, minimum of two days per week (typically
  on-site Mon. & Tues.)

  
	
   

  	
   

  	
   

  
	
  Hourly Fee, partner:

  	
   

  	
  $275/hour

  	
  Hourly Fee, associate:

  	
  $75 hour

  

 

In scope:

 

All day-to-day work of the General Counsel’s office,
to extent feasible within the time constraints of the fixed fee

 

Corporate governance including all work required to
support the Board of Directors, consistent with the current level of effort

 

Periodic SEC filings (Forms 10-Q, 10-K, 8-K, Proxy
Statement and Annual Report), consistent with the current level of effort
(Forms 3, 4 and 5 excluded; see below)

 

Assist in supervising and mentoring Bruce Feld and the sales
contracting process

 

Out of scope:

 

	
  Outside counsel fees

  	
   

  	
  Work that cannot be performed within the fixed fee
  and for which the company will not pay an hourly
  fee

  
	
   

  	
   

  	
   

  
	
  Bruce Feld’s salary and benefits

  	
   

  	
  SMT and other management
  meetings

  
	
   

  	
   

  	
   

  
	
  Litigation, bankruptcy and creditors’ rights (will
  manage consistent with current level
  of effort)

  	
   

  	
  Intellectual property, international transactions and
  specialized legal research

  
	
   

  	
   

  	
   

  
	
  Non-routine employment matters (outsourced,
  Littler)

  	
   

  	
  Forms 3, 4 and 5 (outsourced to Fredrikson)

  
	
   

  	
   

  	
   

  
	
  Records management, contract administration,
  filing

  	
   

  	
  GSA/FAR contracts

  

 

Term, Termination, Notice and Transitional Services:

 

Term of three (3) years beginning March 1, 2010.

 

Four (4) month notice of termination by either
party.

 

·                            Fees, payment, services and service levels to continue during notice
period.

 

·                            Full cooperation and assistance during required
notice period to enable transition.

 

Other Terms:

 

Continued
appointment as Corporate Secretary during term
of engagement.

 

Services are to be provided to AIC on a preferential scheduling and “most favored
nation” basis.

 

 

The
following persons are authorized to engage REW PA to provide hourly services
not covered by the fixed fee:

 

·                            Any SMT member

 

·                            Any member of the Board of
Directors

 

All other hourly engagements require prior approval from one of the above
unless the work must be completed in order to meet a deadline (e.g.,  SEC filings, etc.)
in which case it will be completed and an hourly fee charged.

 

In-scope
work that cannot be completed within the time constraints of the fixed fee will
be carried over for completion during the next week unless (a) hourly
services are authorized or (b) the work must be completed in order to meet
a deadline (e.g., SEC filings, etc.).

 

Full
access to existing office and corporate facilities such as telephone, e-mail
account and shared drives.

 

Indemnification
to same extent as if an employee (AIC agrees to indemnify and hold harmless REW
PA, Robert E. Woods and Laura M, Woods to the same extent as if each were
providing services to AIC as an employee of AIC.

 

On-site
availability is subject to vacation and travel schedule, and other engagements
(as noted above services will be provided to AIC on a preferential basis,
however); the specific days when services will be provided on-site can be
switched if necessary to accommodate client needs.

 

AIC
to pay reasonable and necessary expenses and those of the department,  including Westlaw
charges (CCH subscriptions will be discontinued as soon as possible to save
costs).

 

Invoices
will be submitted electronically within five days after the end of each month;
to be paid at the same level of priority as the Company’s payroll; payable
within 15 days after receipt.

 

Charges
for hourly legal services will be billed in increments of one-quarter of an
hour, rounded up for each particular activity to the nearest one-quarter of an hour.
The minimum time charged for any particular activity
will be one-quarter of an hour. For on-site
fixed fee work invoices will reflect the date, fee, state “on-site [or
off-site], full day” and provide a general description by category of the
services provided that date.

 

Exclusive
right of occupancy to an office (and one cubicle for use of the on-site
associate attorney) (both on a 24/7 basis) with continuing use of printers, telephone,
internet access and indoor parking and use,
in common with others and subject to availability, of the reception area
and lobby, common areas, restrooms and conference rooms, although much work will
be done off site.

 

The
foregoing is accepted and agreed to, beginning effective March 1, 2010.

 

	
  Analysts International Corporation

  	
   

  	
  Robert E. Woods Professional Association

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/
  Ramdy Strobel

  	
   

  	
  By:

  	
  /s/ Robert E. Woods 

  
	
   

  	
   

  	
   

  
	
  Title:

  	
  SVP and LFO

  	
   

  	
  Title:

  	
  President

  
	
   

  	
   

  	
   

  
	
  Date
  signed:

  	
  3/5/10

  	
   

  	
  Date
  signed:

  	
  March
  5, 2010

  
									

 

2Exhibit 10.14.3

 

SECOND AMENDMENT

TO

MANAGEMENT SERVICES AGREEMENT

 

THIS
SECOND AMENDMENT TO MANAGEMENT SERVICES AGREEMENT (this “Amendment”) is
made and entered into as of April 30, 2010, but effective as of April 1,
2010, by and between Hilltop Holdings Inc., a Maryland corporation (together
with its subsidiaries, affiliates and successors, the “Client”), and
Diamond A Administration Company, LLC, a Delaware limited liability company
(together with its successors, “Advisor”).  Each initially capitalized term used but not
otherwise defined herein shall have the meanings assigned to it in the
Management Services Agreement (hereinafter defined).

 

RECITALS:

 

WHEREAS,
Client and Advisor are parties to that certain Management Services Agreement,
dated as of April 28, 2008, and that certain First Amendment to Management
Services Agreement, dated as of March 15, 2010 (as amended, the “Management
Services Agreement”); and

 

WHEREAS,
Client and Advisor desire to further amend the Management Services Agreement to
the extent provided in this Amendment.

 

AGREEMENT:

 

NOW, THEREFORE, in
consideration of the premises and the mutual covenants contained in this
Amendment and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto, intending to
be legally bound, hereby agree as follows:

 

1.             Amendment to the Management
Services Agreement.  Section 3
of the Management Services Agreement is hereby deleted in its entirety and
replaced with the following:

 

“3.           Compensation.  As compensation for Advisor’s services to
Client hereunder and the rental of office space as provided in Section 9
hereof, the Client hereby agrees to pay Advisor $91,500 per calendar month (the
“Monthly Management Fee”), prorated on a daily basis for any partial
calendar month, during the Term; provided, however,
until such time as office space is made available by Advisor to Client pursuant
to Section 9 hereof, the Monthly Management Fee shall be $87,500
per calendar month.  The Monthly
Management Fee for each calendar month shall be payable in advance on the first
business day of each calendar month (each a “Payment Date”).”

 

2.             Miscellaneous.

 

(a)           Effect
of Amendment.  Each of Advisor
and Client hereby agree and acknowledge that, except as expressly provided in
this Amendment, the Management Services Agreement remains in full force and
effect and has not been modified or amended in any respect, it being the
intention of each of Advisor and Client that this Amendment and the Management
Services Agreement be read, construed and interpreted as one and the same
instrument.  To the extent that any
conflict exists between this Amendment and the Management Services Agreement,
the terms of this Amendment shall control and govern.

 

1

 

(b)           Counterparts.  This Amendment may be executed in any number
of counterparts, each of which shall be deemed an original but all of which
together shall constitute one and the same instrument.  This Amendment will become effective when one
or more counterparts have been signed by each of the parties and delivered to
the other parties.  For purposes of
determining whether a party has signed this Amendment or any document
contemplated hereby or any amendment or waiver hereof, only a handwritten
original signature on a paper document or a facsimile or portable document
format (pdf) copy of such a handwritten original signature shall constitute a
signature, notwithstanding any law relating to or enabling the creation,
execution or delivery of any contract or signature by electronic means.

 

SIGNATURE PAGE FOLLOWS

 

2

 

IN
WITNESS WHEREOF, each of Advisor and Client has executed this Amendment as of
the day and year first above written.

 

	
   

  	
  CLIENT:

  
	
   

  	
   

  
	
   

  	
  Hilltop
  Holdings Inc.,

  
	
   

  	
  a
  Maryland corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
     /s/ DARREN PARMENTER

  
	
   

  	
  Name:

  	
  Darren
  Parmenter

  
	
   

  	
  Title:

  	
  Vice
  President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  ADVISOR:

  
	
   

  	
   

  
	
   

  	
  Diamond
  A Administration Company, LLC,

  
	
   

  	
  a
  Delaware limited liability company

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
     /s/ GARY SHULTZ

  
	
   

  	
  Name:

  	
  Gary
  Shultz

  
	
   

  	
  Title:

  	
  Vice
  President

  

 

3

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