Exhibit 10.13
[CopyTele Logo]
January 11, 2002
Futaba Corporation
000 Xxxxxx, Xxxxxx-shi
Chiba-xxx
297-8588, Japan
Attention: Mr. Xxxxxxx Xxxxxxxx
Dear Mr. Xxxxxxxx:
CopyTele, Inc. and Futaba Corporation are parties to a Joint
Cooperation Agreement for Field Emission Displays, dated as of June 13, 2001
(the "Agreement"), for the development and commercialization of Field Emission
Display modules.
This is to confirm that Futaba will pay to CopyTele, within
ten days of the date of this letter agreement, the sum of $3 million as part of
the compensation payable by Futaba pursuant to Section 6.2 of the Agreement.
Pursuant to Section 1.8 of the Agreement, Futaba hereby adds
Moscow Institute of Physics and Technology Center of Advanced Field Emission as
its Associate under the Agreement.
Sincerely,
COPYTELE, INC.
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
Title: Chairman and C.E.O.
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Accepted and Agreed to:
FUTABA CORPORATION
By: /s/ Xxxxxxx Xxxxxxxx
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Hiroaki Kawasaki
Title: Managing Director
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