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Wayne Ledingham, CEO, and AOSS Inc v. Collinet Itoe and Equip Up Store, LLC
The Fourteenth Court of Appeals affirmed a trial court judgment in favor of Equip Up Store, LLC in a breach of contract action arising from an oil field equipment procurement agreement with BP Angola, rejecting AOSS Inc's defense that the parties orally modified the written Independent Contract Agreement's three percent markup compensation formula. AOSS argued the parties verbally modified the contract to provide monthly employee payments totaling $49,500 instead of the contractual markup on $4.6 million in BP payments, but the ICA expressly required modifications to be in writing.