EX-10.3 4 file4.htm FORM OF AMENDMENT TO SECURITIES PURCHASE AGREEMENT



                                                                    Exhibit 10.3

                    Services Acquisition Corp. International
                     401 East Las Olas Boulevard, Suite 1140
                            Ft. Lauderdale, FL 33301




                                                                 August __, 2006


Ladies and Gentlemen:

         Reference is hereby made to the Securities Purchase Agreement dated as
of March 15, 2006 ("SPA") among Services Acquisition Corp. International, a
Delaware corporation (the "Company"), and the purchasers identified on the
signature pages thereto (each, a "Purchaser" and collectively, the
"Purchasers"). Capitalized terms used herein but not otherwise defined herein
shall have such meanings as defined in the SPA. The Company and the Purchasers
have agreed to amend and modify the SPA as follows:

         1. Notwithstanding anything to the contrary in the SPA, the language of
Section 5.1(i) shall be deleted in its entirety and replaced with the following:
"September 15, 2006 or"

         2. This letter may be executed in two or more counterparts, all of
which when taken together shall be considered one and the same agreement. In the
event that any signature is delivered by facsimile transmission, such signature
shall create a valid and binding obligation of the party executing (or on whose
behalf such signature is executed) with the same force and effect as if such
facsimile signature page were an original thereof.

         3. The Purchasers acknowledge that (i) SEC Reports are deemed to
include the amendments to such filings with respect to the restatements required
by the Company's adoption of EITF 00-19, and (ii) the Company is seeking to
amend the terms of the Tornado Transaction to provide for an outside termination
date of September 15, 2006 and the amendment set forth herein is conditioned
upon the receipt of such amendment to the Tornado Transaction. Except as
modified hereby all of the other terms and conditions of the SPA remains in full
force and effect.


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                             SIGNATURE PAGES FOLLOW]








   IN WITNESS WHEREOF, the Company has caused this letter (amending the SPA) as
of the date first written above.




                                          SERVICES ACQUISITION CORP.
                                          INTERNATIONAL


                                          --------------------------------------
                                          Name:
                                          Title:


                   [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK
                     SIGNATURE PAGES FOR PURCHASERS FOLLOW]






   IN WITNESS WHEREOF, the Purchasers have executed this letter (amending the
SPA) as of the date first written above.



                                        PURCHASER:
                                                  ------------------------------


                                        By:
                                           -------------------------------------
                                           Name:
                                           Title:

                                        Number of Shares:
                                                          ------------------
                                          Investment Amount:  $
                                                               ------------