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EXHIBIT 10(d)
NOTE: THE OMITTED PORTIONS OF THIS DOCUMENT MARKED WITH AN ASTERISK ARE SUBJECT
TO A CONFIDENTIAL TREATMENT REQUEST AND HAVE BEEN FILED SEPARATELY WITH THE
SECURITIES AND EXCHANGE COMMISSION.
CHILDREN'S TELEVISION WORKSHOP
Dated as of July 1, 1999
The First Years, Inc.
Xxx Xxxxxx Xxxxx
Xxxx, Xxxxxxxxxxxxx 00000
Dear Sirs:
The following, when signed by you ("Licensee") and by us ("CTW"), will
constitute a renewal of the agreement between Licensee and CTW dated as of the
1st day of July, 1996, as the same may have heretofore been amended and/or
extended (hereinafter referred to as the "Agreement"), effective as of the date
hereof:
The Term of the Agreement, with respect to the distribution and sale of Products
in the United States, is hereby renewed for an additional period of * years
commencing July 1, 1999 and ending *, upon all the terms and conditions therein
contained, except as herein otherwise specified:
1. Effective as of the date hereof, the term of the letter of extension,
dated as of July 1, 1999, shall be deemed null and void.
2. During the Term of this renewal, Licensee shall have the right to
continue to manufacture, distribute and sell the following product items
specified below:
FEEDING & SOOTHING ITEMS
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Reuseable & Disposable Bottles
Pacifiers and Pacifier Attachers
Teethers (the packaging of which shall be carded)
Suction Bowls
Melamine Set consisting of Section Dish Bowl and Cup
Stainless Flatware with Plastic Handles
Plastic Snack Containers
Splat Mat (for under high chair)
Snack Totes (soft fabric, shaped tote to hold snacks)
Cups: Trainer Cups, Spout Cups, Straw Cups, Spill Proof Cups
Giftset Combinations consisting of the above Products
Bibs (The Marketing Date for such Products shall be
January 1, 2000)
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The First Years Inc. Page -2- Dated as of July 1, 1999
PLAY & DISCOVER ITEMS
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Rattles - the packaging of which shall be carded:
Plastic Rattles (with or without sound)
Soft Fabric Rattles:
Rattling Ring Pals, Ring Rattles, Foot Rattles
Chewy Buddy Rattles
Wrist Rattles
CARE & SAFETY ITEMS:
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Hooded Towels
Wash Mitts
Baby Bather
Comb & Brush sets
Nightlights (cordless plug-ins)
Car Sunshades
Bed Rails (The Marketing Date for such Products shall be
October 31, 1999)
Harness & Handstrap
Boo Boo Cold Packs
Medicine Feeders
Thermometers
Step Stools (plastic)
Toilet Trainers (3-in-1 Learning Potty)
Booties
Neck Supports - (Licensee's right to sell existing design of
such neck supports shall expire on May 1, 2000)
3. Licensee guarantees that CTW's earnings, during the Term of this
renewal, shall be as follows:
*
4. The Royalty that is payable to CTW pursuant to subparagraph 5(a) of the
Agreement and Item D of Exhibit 1 to the Agreement shall be as follows:
* of Gross Proceeds during the period 7/1/99 - 12/31/99,
thereafter * of Gross Proceeds
* F.O.B.
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The First Years Inc. Page -3- Dated as of July 1, 1999
5. Licensee's channels of distribution with respect to the sales of
Products hereunder shall be through MASS MARKET and MID-TIER DEPARTMENT STORE
CHANNELS (as defined in the Agreement).
Except as herein expressly modified and/or amended, the Agreement shall remain
in full force and effect according to the terms thereof and, as herein modified,
amended and/or extended, is hereby expressly ratified and confirmed. This
modification, its construction and effect shall be determined in accordance with
the laws of the State of New York with respect to agreements to be fully
performed therein.
If the foregoing accords with your understanding, please sign this modification
at the place set forth below.
Very truly yours,
CHILDREN'S TELEVISION WORKSHOP ACCEPTED AND AGREED TO:
By: /s/ Xxxxxx X. Xxxx THE FIRST YEARS, INC.
------------------------------------- By: /s/ Xxxxxx X. Xxxxxx
Xxxxxx X. Xxxx, Group President ---------------------------
Products and International Television
