NATIONAL DATA &lt;NDAC> IN PACT WITH SIGNATURE

  National Data Communications Inc said it
  is no longer obligated to issue its majority shareholder
  &lt;Signature Capital Corp> 20 mln common shares under a previous
  agreement.
      National said it entered into a new agreement with
  Signature, which would have owned about 80 pct of National's
  common under the prior pact.
      Under the new pact, National said it granted Signature a
  five-year option to acquire two mln shares of its common for an
  option price equal to its current market value. National has
  about 15.3 mln shares outstanding.
  

