Document:

Second Amendment to Rights Agreement, dated as of November 11, 2003

 Exhibit 4.22 
  
 SECOND AMENDMENT TO RIGHTS AGREEMENT 
  
 Second Amendment, dated as of November 11, 2003 (this “Amendment”), to Rights Agreement, dated as of December 31, 1997 (the “Rights
Agreement”), between Midas, Inc., a Delaware corporation (the “Company”), and EquiServe Trust Company, N.A., a national banking association (the “Rights Agent”). 
  
 W I T N E S S E T H: 
  
 WHEREAS, the Board of Directors of the Company, at a meeting held on November 11, 2003 and based in part on the recommendation of the Company’s
financial advisors, has determined that it is advisable and in the best interest of the Company to amend the Rights Agreement to increase the thresholds set forth in Sections 1(a) and 3(a) from 13.0% to 15.0%; 
  
 WHEREAS, at the date of this Amendment, the Distribution Date has not
occurred and there is no Acquiring Person; and 
  
 WHEREAS, in
compliance with Section 27 of the Rights Agreement, the Company and the Rights Agent are willing to amend the Rights Agreement as hereinafter set forth and the Company and the Rights Agent have each executed and delivered this Amendment. 

 
 NOW, THEREFORE, in consideration of the Rights Agreement and the mutual
agreements herein set forth, the parties hereby agree as follows: 
  
 1. Section 1(a) of the Rights Agreement is hereby amended and restated to read as follows: 
  
 “(a) Acquiring Person” shall mean any Person who or which, together with all Affiliates and Associates of such Person, shall be the Beneficial
Owner of 15.0% or more of the shares of Common Stock then outstanding, but shall not include the Company, any Subsidiary of the Company, any employee benefit plan of the Company or of any Subsidiary of the Company, or any Person organized, appointed
or established by the Company for or pursuant to the terms of any such plan. Notwithstanding the foregoing, no Person shall become an “Acquiring Person” as the result of an acquisition of shares of Common Stock by the Company which, by
reducing the number of shares outstanding, increases the proportionate number of shares beneficially owned by such Person to 15.0% or more of the shares of Common Stock then outstanding; PROVIDED, HOWEVER, that if a Person shall become the
Beneficial Owner of 15.0% or more of the shares of Common Stock then outstanding by reason of share purchases by the Company and shall, after such share purchases by the Company, become the Beneficial Owner of any additional shares of Common Stock
(other than pursuant to a dividend or distribution paid or made by the Company on the 

 outstanding Common Stock or pursuant to a split or subdivision of the outstanding Common Stock), then
such Person shall be deemed to be an “Acquiring Person.” Notwithstanding the foregoing, if the Board of Directors of the Company determines in good faith that a Person who would otherwise be an “Acquiring Person” (as defined
pursuant to the foregoing provisions of this paragraph (a)) has become such inadvertently, and such Person divests as promptly as practicable (as determined in the good faith by the Board of Directors) a sufficient number of shares of Common Stock
so that such Person would no longer be an “Acquiring Person” (as defined pursuant to the foregoing provisions of this paragraph (a)), then such Person shall not be deemed to be an “Acquiring Person” for any purposes of this
Agreement.” 
  
 2. Section 3(a) of the Rights Agreement is
hereby amended by replacing the reference to the percentage “13%” contained herein with a reference to the percentage “15.0%”. 
  
 3. The first sentence of the first paragraph appearing on page B-2 of the form of Rights Certificates attached as Exhibit B to the Rights Agreement is
hereby amended by replacing the phrase “Rights Agreement, dated as of December 31, 1997 (the “contained therein with the phrase “Rights Agreement, dated as of December 31, 1997, as amended by the First Amendment dated as of May 12,
1999 and as further amended by the Second Amendment dated as of November 11, 2003 thereto (collectively, the”. 
  
 4. The last sentence of the first paragraph of the Summary of Rights to Purchase Preferred Stock attached as Exhibit C to the Rights Agreement is hereby
amended and restated to read as follows: 
  
 “The
description and terms of the Rights are set forth in a Rights Agreement, dated as of December 31, 1997, a amended by the First Amendment dated as of May 12, 1999 and as further amended by the Second Amendment dated as of November 11, 2003 thereto
(collectively, the “Rights Agreement”), between the Company and First Chicago Trust Company of New York, as Rights Agent.” 
  
 5. This Amendment shall be deemed to be a contract made under the laws of the State of Delaware and for all purposes shall be governed by and construed
with in accordance with the laws of such State applicable to contracts to be made and performed entirely within such State. 
  
 6. This Amendment may be executed in two or more counterparts, each of which shall for all purposes be deemed to be an original, but all such counterparts
shall together constitute one and the same instrument. 
  
 7. Any
capitalized term used herein without definition shall have the meaning specified in the Rights Agreement. 
  
 8. Except as otherwise expressly set forth herein, this Amendment shall not by implication or otherwise alter, modify, amend or in any other manner affect
any of the terms, conditions, obligations, covenants or agreements contained in the Rights Agreement, all of which are hereby ratified and confirmed in all respects and shall continue in full force and effect. 
  
 9. Under the Definitions Section 3(e), change “.., on which banking
institutions in the State of Illinois...” to the “Commonwealth of Massachusetts”. 
  
 10. Under the Definitions Section 3(f) change “... Chicago time” to “Eastern Standard Time”. 
  
 11. Insert for Section 2 — Appointment of Rights Agent — After the
word “desirable”, insert the following: 
  
 , upon ten
(10) days’ prior written notice to the Rights Agent. The Rights Agent shall have no duty to supervise, and in no event be liable for, the acts or omissions of any such co-Rights Agent. 
  
 12. Add to Section 21 — “Change of Rights Agent” — After
first sentence ending with “... by first-class mail.” add: 
  
 “In the event the transfer agency relationship in effect between the Company and the Rights Agent terminates, the Rights Agent will be deemed to resign automatically on the effective date of such termination; and any required notice
will be sent by the Company.” 
  
 13. Insert new Section
— “Force Majeure” 
  
 Notwithstanding anything to
the contrary contained herein, Rights Agent shall not be liable for any delays or failures in performance resulting from acts beyond its reasonable control including, without limitation, acts of God, terrorist acts, shortage of supply, breakdowns or
malfunctions, interruptions or malfunction of computer facilities, or loss of data due to power failures or mechanical difficulties with information storage or retrieval systems, labor difficulties, war, or civil unrest. 
  
  

 2 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and attested, all
as of the day and year first above written. 
  

	 Attest:
	 	MIDAS, INC.
				
	 By:
	 	 	 	By:	 	 
	 	
	 	 	

	 	 	 Alvin K. Marr
 General
Counsel
	 	 	 	 Name: Alan D. Feldman
 President and Chief
Executive Officer

				
	 Attest:
	 	 	 	 	 	EQUISERVE
				
	 By:
	 	 	 	By:<PAGE>

                                                                   Exhibit 10.25

                  AMENDMENT TO AGREEMENT FOR STRATEGIC ALLIANCE
                              AND LICENSE AGREEMENT

This Amendment is entered into on March 14, 2003 by and between

MIDAS INTERNATIONAL CORPORATION, 1300 Arlington Heights Road, Itasca, Illinois
60143 hereby represented by Alan D. Feldman, President and Chief Executive
Officer (hereinafter "MIDAS")

and

MAGNETI MARELLI SERVICES S.p.A. C.so Ferrucci 112/A 10100 Torino (Italy) hereby
represented by Carlo Bondone, Director and Special Attorney (hereinafter
"Marelli")

                                    WHEREAS:

     A.   The parties have signed (or are the successors to the original party
          of) the Agreement for Strategic Alliance dated October 1, 1998
          ("Agreement") and a License Agreement dated October 30, 1998 ("License
          Agreement").

     B.   Prior to the date hereof, the entry fees and royalties required to be
          paid by Marelli to MIDAS under the Agreement and the License Agreement
          have been subsequently renegotiated according to Attachment A hereto.

     C.   The parties have thereafter and recently agreed on the additional
          modifications to the Agreement and the License Agreement set forth
          herein.

                      NOW THEREFORE IT IS AGREED AS FOLLOWS

     1.   Capitalized terms not otherwise defined herein shall have the meanings
          contained in the Agreement and License Agreement, as applicable.

     2.   The royalties required to be paid by Marelli to MIDAS under the
          License Agreement from and after January 1, 2003, are hereby modified
          by agreement of the parties, and they will be as set forth below:

         (a)      Fixed Amounts
                  -------------

                  2003 = US $   8,40 MM
                  2004 = US $   8,82 MM
                  2005 = US $   9,26 MM
                  2006 = US $   9,72 MM
                  2007 = US $   8,90 MM

<PAGE>

     (b)  Royalties on Turnover

          2008 and beyond = 1,00% of Gross Revenue, until such time as the
          Marelli business using the MIDAS System achieves annual Gross Revenue
          of US $650 MM, at which time, starting from the following fiscal year,
          the royalties on turnover shall be 1,25% of Gross Revenue

3.       With respect to the countries and continents set forth in Attachment B
         (the "New Countries") the entry fees otherwise required to be paid by
         Marelli to MIDAS under Section II, 5.3, of the Agreement are hereby
         modified by agreement of the parties, and, effective as of the date of
         this Amendment, they will be eliminated (including those still due
         under Attachment A hereto). Instead of entry fees, Marelli shall pay to
         MIDAS, for each new MIDAS shop opened in a New Country after the date
         of this Amendment (whether a newly-built MIDAS shop, an existing
         competitor's shop converted to a MIDAS shop, or otherwise) a new shop
         opening fee ("Shop Opening Fee") equal to:

         (a)  US $5,000 for each of the first fifty (50) new MIDAS shops opened
              in each New Country; and

         (b)  US $10,000 for each additional new MIDAS shop in excess of fifty
              (50) opened in each New Country.

         With respect to Russia, Great Britain, Ireland and South Africa, the
         Shop Opening Fee shall be equal to US $10,000 for each new MIDAS shop
         opened in such country or on such continent.

         No Shop Opening Fees are required to be paid by Marelli for Argentina,
         Turkey, Germany, Morocco and those countries set forth in Annex A to
         the Agreement.

4.       By completing the payments due to MIDAS under the Agreement and the
         License Agreement up to and including the date of this Amendment, and
         subject to Marelli's payment to MIDAS of the Shop Opening Fees provided
         under Section 3 above, Marelli will acquire exclusive rights to exploit
         the MIDAS System in the New Countries without any further obligation to
         pay New Country entry fees to MIDAS under Section II, 5.3, of the
         Agreement. Marelli is free to exploit the MIDAS System in the New
         Countries effective from the date hereof in the manner provided under
         the Agreement and the License Agreement.

5.       Marelli's exclusive right to exploit the MIDAS System in each of the
         New Countries, as contained in Section 4 above, is subject to Marelli
         submitting to MIDAS, on or before April 30, 2003, a Shop Development
         Plan reasonably acceptable to MIDAS, which sets forth the number of new
         MIDAS shops to be opened in each of the New Countries and the timeline
         for such openings, and meeting such development requirements in
         accordance with the schedule set forth thereon. Marelli shall have a
         one (1) year cure period for any failure to meet the Shop Development
         Plan.

6.       The support contemplated in Section II, 2.1, of the Agreement is
         intended to be only upon Marelli's written request to MIDAS.

                                        2

<PAGE>

7.       The support contemplated in Section II, 2.2, of the Agreement will no
         longer be required to be made available to Marelli, which will arrange
         for any training on its own care and expenses.

8.       The reports mentioned under Section II, 2.6, of the Agreement will be
         exchanged by the parties on a semi-annual basis.

9.       The meetings under Section II, 2.5 and 2.7, of the Agreement are
         intended to be held on a semi-annual basis.

10.      By executing this Amendment, MIDAS is formally notifying Marelli that
         it does not intend to exercise its right of first option and first
         refusal under Section II, 5.5, of the Agreement to acquire Marelli's
         assets and rights relevant to the MIDAS system in the countries of
         Poland and Austria. However, any purchaser of those assets and rights
         must satisfy the requirements set forth in Section II, 5.5, of the
         Agreement, unless otherwise agreed to in writing by MIDAS, such
         agreement not to be unreasonably withheld or delayed by MIDAS.

11.      All other terms and conditions of the Agreement and of the License
         Agreement not expressly modified by this Amendment shall remain
         unchanged and continue in full force and effect.

Executed in Chicago, Illinois, U.S.A, on March 14, 2003.

MIDAS INTERNATIONAL CORPORATION    MAGNETI MARELLI SERVICES S.p.A.

/s/ Alan D. Feldman                /s/ Carlo Bondone
-------------------------------    -------------------------------
Alan D. Feldman                    Carlo Bondone
President and Chief                Director and Special Attorney
Executive Officer

                                        3

<PAGE>

                                     MIDAS

                      AMENDMENTS TO THE LICENSE AGREEMENT
                             dated October 30, 1998

                               ROYALTIES REVISION

1. FIXED AMOUNTS

   Below are the gross amounts due by Licensee to Licensor for each calendar
   year in monthly instalments.

   2000 = $ 6,50 MM                        2004 = $ 8,82 MM

   2001 = $ 7,35 MM                        2005 = $ 9,26 MM

   2002 = $ 7,80 MM                        2006 = $ 9,72 MM

   2003 = $ 8,40 MM                        2007 = $10,20 MM
--------------------------------------------------------------------------------

2. ROYALTIES ON TURNOVER

   2008 = 2,00%                            2009 = 1,25% 1999 Countries
                                                  2,00% Turkey-Argentina-Germany

   2010 = 1,25%   1999 Countries + Turkey  2011 = all Countries 1,25%
                       and Argentina
          2,00%   Germany
--------------------------------------------------------------------------------
<TABLE>

3. NEW COUNTRIES
   <S>                                  <C>                              <C>
   January 2000 = Argentina + Turkey    entry fee = 765,425  $ +523,865  12 instalments from January 2000
   January 2001 = Germany               entry fee = 6,567,235$           60 instalments from January 2001
</TABLE>

4. MOROCCO + CHILE
   entry fee    to be agreed upon
   Royalties    1,25%

<PAGE>

                                  Attachment B
                                  ------------

                           1.  Africa
                           2.  Albania
                           3.  Belarus
                           4.  Bosnia and Herzegovina
                           5.  Bulgaria
                           6.  Croatia
                           7.  Czech Republic
                           8.  Denmark
                           9.  Dominican Republic
                           10. Estonia
                           11. Finland
                           12. F.Y.R.O. Macedonia
                           13. Great Britain
                           14. Greece
                           15. Hungary
                           16. Iceland
                           17. Ireland
                           18. Latvia
                           19. Lithuania
                           20. Madagascar
                           21. Mauritius Island
                           22. Moldova
                           23. Netherlands
                           24. Norway
                           25. Romania
                           26. Russia
                           27. Slovakia
                           28. Slovenia
                           29. Sweden
                           30. Tobago
                           31. Trinidad
                           32. Ukraine
                           33. Yugoslavia
                           34. Middle East (excluding Saudi Arabia)

                                        4

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