International Dispensing Corporation
000 Xxxxxxx Xxxxxx, Xxxxx 0000
Xxx Xxxx, Xxx Xxxx 00000
Tel: (000) 000-0000
Fax: (000) 000-0000
March 3, 1997
Xx. Xxxxxxx Xxxxxxx
President
Nologies, Inc.
P.O. Box 5224
Brookfield, Connecticut 06804
Dear Xx. Xxxxxxx:
International Dispensing Corporation, the successor of ReSeal Food
Dispensing Systems, Inc., wishes to extend for a twelve (12) month period,
effective March 1, 1997, under the same terms and conditions the Agreement
currently in place between our companies. Said Agreement stipulates that
Nologies, Inc. will assist in (i) the directing and managing of product and
technology development, (ii) licensing and strategic alliance pursuits, and
(iii) other related services that IDC may request from time to time, in the area
of food and beverage dispensing and delivery systems.
If you are in accord with this extension, please sign and return this
document.
Respectfully yours,
/s/ Xxxxxxxx X. Xxxxxxxxx
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Xxxxxxx X. Xxxxxxxxx
International Dispensing Corporation
Executive Vice President
Nologies, Inc.
Xxxxxxx Xxxxxxx, President
/s/ Xxxxxxx Xxxxxxx, Dated: March 3, 1997
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