1
EXHIBIT 2.2
AGREEMENT RE
FINAL CLOSING DATE PRO FORMA
ASSET VALUE LIST AND RELATED TOTAL VALUE
Telect, Inc., Xxxxxx & Xxxxx Corporation and Xxxxxx & Xxxxx
International, Inc., hereby agree that in accordance with Section 2(f) of the
Asset Purchase Agreement dated March 6, 2000, Exhibit A hereto represents the
final determination of the Closing Date Pro Forma Asset Value List and related
Total Value.
DATED: August _____, 2000.
TELECT, INC. XXXXXX & XXXXX CORPORATION
By:_______________________________ By:_____________________________________
Name: ____________________________ Name: __________________________________
Title:____________________________ Title:__________________________________
XXXXXX & XXXXX INTERNATIONAL, INC.
By:_____________________________________
Name: __________________________________
Title:__________________________________
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EXHIBIT A
FINAL CLOSING DATE PRO FORMA
ASSET VALUE LIST AND RELATED TOTAL VALUE
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DESCRIPTION AMOUNT
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Attleboro $ 2,463,985
Firestation/Monterrey 2,645,083
Sparks 223,460
Bromont/Canada 64,809
After-discovered Inventory 372,237
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Total Inventory 5,769,574
Fixed Assets 266,480
Intellectual Property 4,011,000
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Total Final Purchase Price (Total Value) 10,047,054
Total Original Purchase Price 10,941,480
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Amount Due Telect $ 894,426
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*There are four (4) Steinwall molds currently being shared by Telect and T&B. As
of September 15, 2000, the molds will be Telect's sole and separate property.
T&B will advise Steinwall of the change in ownership.
