Exhibit 10.17
-------------
April 21, 1998
Xx. Xxxxxx Xxxxxxxx
President Arrow/Zeus Electronics
Xxxxx 000
0000 Xxxxxxxxxxx Xxx.
Xxxxxxxx, XX 00000
Dear Vinnie,
The new subscription agreement will be one (1) year in duration, beginning
on July 1, 1998, and ending on June 30, 1999.
This agreement will be exclusive to Arrow/Zeus in relation to distributors
of electronic components.
The TACTech system will remain in the identical form as used by Arrow/Zeus
over the past three (3) years.
The cost for the exclusive site agreement will be $230,000 per annum,
billed at a rate of $19,166.66 per month.
Very truly yours,
Transition Analysis of Component
Technology, Inc.
Accepted and Agreed to:
Arrow/Zeus Electronics
By: Xxxxxx X. Xxxxxxxx By: Xxxxxx Xxxxxxxx
-------------------------- -----------------------
Xxxxxx X. Xxxxxxxx Xxxxxx Xxxxxxxx
President and C.E.O.
