Buddy Platform Limited and Thor Industries, Inc. (NYSE:THO) have agreed to a new statement of work which provides for a replacement of, and extension to, their existing relationship
A higher monthly retainer for ongoing feature development work (US$124,950 per month) with an option for Thor to purchase additional services
The statement of work also provides for transitioning the ongoing operation and support services from a fixed monthly fee to fees that are payable per hour or based on product delivered
The statement of work is for a term of one year and will automatically renew unless cancelled.
