B+H/PHOTOMATRIX BUSINESS AGREEMENT
This document amends the current business agreement in place between ▇▇▇▇+▇▇▇▇▇▇
and Photomatrix dated 12-29-1997. Modifications to the agreement are as follows:
1. PRICE PROTECTION
A. All existing ▇▇▇▇+▇▇▇▇▇▇ stock of the PS Series (5104, 5124, 5154) will be
price protected by Photomatrix for $1500 per unit (TOTAL PRICE PROTECTION
PAYMENT NOT TO EXCEED $30,000). Paymenet of the price protection to ▇▇▇▇+▇▇▇▇▇▇
will be made as the units are sold from B+H inventory.
2. CONDITIONS
▇. ▇▇▇▇+▇▇▇▇▇▇ will receive a 3 month moratorium (EFFECTIVE UNTIL 6-30-98) on
the purchase of additional scanners. After this moratorium (7-1-98), the channel
will be open for ▇▇▇▇+▇▇▇▇▇▇ and Photomatrix to sell to any account of their
choice.
B. Starting in July 98, ▇▇▇▇+▇▇▇▇▇▇ will purchase 3 each 9000 Series scanners
per month for a duration of 9 months (27 TOTAL). Release of orders by B+H to
Photomatrix will be documented by the 21st of each month.
▇▇▇▇+▇▇▇▇▇▇, IMPG Photomatrix Corporation
By:_____________________________ By:_____________________________________
▇▇▇ ▇▇▇▇ Dell ▇▇▇▇▇▇
Title: Product Marketing Manager Title: Vice President, Marketing & Sales
Date: June 30, 1998 Date: June 30, 1998
