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EXHIBIT 10.4
[THERMO ELECTRON LOGO]
MEMORANDUM
To: Xxx Xxxxxxx
From: Xxxx Pol
Date: 12/21/00
Re: Revision to 7/18/00 Addendum to the Transaction Agreement dated 2/18/00
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In addition to the guaranteed $300,000 minimum transaction bonus referred to in
the 7/18/00 addendum, you will be granted 20,000 restricted shares in the new
entity vesting over three years. This restricted stock will be taken out of
Thermo's ownership of the new entity.