AMENDMENT TO MARKETING AND DISTRIBUTION AGREEMENT BETWEEN NET2PHONE, INC. AND
XXXXXXXXXXXXXX.XXX, INC.
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This Amendment ("Amendment") amends the Marketing and Distribution
Agreement, effective April 3, 2001 ("Agreement") by and between Net2Phone, Inc.,
a Delaware corporation located at 000 Xxxxx Xxxxxx, Xxxxxx, Xxx Xxxxxx, 00000
("Net2Phone") and XxxxxxxxXxxxxx.xxx, Inc., a Delaware corporation located at
0000 Xxxxxxxx Xxxxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxx 00000 ("Ameericom"). This
Amendment is made and entered into by and between Net2Phone and Americom as of
July 17, 2001 ("Amendment Effective Date").
1. DEFINITIONS. Defined terms used in this Amendment shall have the same
meaning as set forth in the
Agreement except as otherwise provided.
2. EXHIBIT A. Section 1 of Exhibit A is deleted and replaced with the
following Accounts:
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MASS MARKET DIRECT RESPONSE WAREHOUSE CLUBS ELECTRONIC OFFICE SUPPLY
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Kmart QVC Best Buy
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Sears Home Shopping Network Good Buys
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Home Depot Costco PC Xxxxxxxx
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Xxxx Sams The Wiz
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Target Stores BJ's Office Max
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Bradlee's Shop at Home Staples
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Walmart Comp USA
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Shopco Office Depot
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ToysR'Us Fry's Electronics
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JC Penney Amazon
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Xxxx Xxxxx'x Radio Shack
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Lowe's Circuit City
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All Supermarkets CTC
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All Drug Stores Good Guys
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Zellers
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Americom cannot sell Product to any Account for sale by such Account
outside the United States and Canada. Additional Accounts may be added from time
to time upon mutual written agreement of Net2Phone and Americom.
3. EXHIBIT B. Exhibit B of the Agreement is deleted and replaced with Exhibit
B attached hereto.
4. EFFECT OF AMENDMENT. Except as expressly amended by this Amendment the
Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, Net2Phone and Americom have executed this Amendment as of
the Amendment Effective Date. All signed copies of this Amendment shall be
deemed originals.
XXXXXXXXXXXXXX.XXX, INC. NET2PHONE, INC.
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By By
Xxx Xxxxx Xxxxx X. Xxxxxxxx
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Name (Print) Name (Print)
President EVP Sales
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Title Title
7/17/01 7/23/01
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Date Date
EXHIBIT B
Net2Phone Products are as follows.
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PRODUCT NET INVOICE PRICE LIST TO AMERICOM
ACCOUNTS
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Xxxxxx Headsets
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Plantronics Headsets
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YAP Headsets
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YAP USB Phones
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Aplio Rave
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2. Business Growth Fund. Net2Phone agrees to fund letters of credit ("LC's")
to facilitate the purchase by Americom of VoIP Products ("New VoIP
Products") other than Net2Phone's existing inventory of the Products listed
in Section 1 of this Exhibit B. Net2Phone shall have the right to approve
the New VoIP Products that are purchased using the LC's. Net2Phone's
commitment to fund LC's will not arise until Americom reaches a cumulative
Net Invoice Revenue milestone to be mutually established by the parties. In
addition, the total aggregate amount of the LC's shall not exceed 25% of
the Net Invoice Revenue that Net2Phone receives from the Accounts in
connection with the sale of the Products listed in Section 1 of this
Exhibit B.
3. Repackaging of Products. Americom (or its agent) shall repackage the
Products according to Americom's specifications and Net2Phone's approval of
such specifications (such approval not to be unreasonably withheld or
delayed). Net2Phone shall be responsible for paying for the repackaging of
the Products, and shall also be responsible for all costs and expenses
associated with the design and production of any collateral material that
Net2Phone wants to place in the new packaging. Prior to entering into any
obligations for the design or repackaging of the Products, Americom shall
obtain Net2Phone's written authorization therefore Americom shall reimburse
Net2Phone for one-half (1/2) of the repackaging costs for all unsold
Product if (i) Americom terminates this Agreement without cause, or (ii)
Net2Phone terminates this Agreement for cause.
