[TacTech Letterhead]
July 7, 1995
Xxx Xxxxxxxxx
President
Zeus Electronics, Inc.
000 Xxxxxxx Xxxxxx
Xxxx Xxxxxxx, XX 00000
Dear Xxx,
This letter will serve to amend and extend the "Terms of Agreement"
between Transition Analysis of Component Technology, Inc. ("TacTech") and Arrow
Electronics, Inc. ("Arrow") dated as of May 19, 1993, with an original
expiration date of May 18, 1996, together with Rider thereto and Schedule A to
said Rider (collectively, the "Agreement"), as follows:
1. The fee structure set forth in Schedule A to the Rider to the Agreement is
hereby amended to provide for an annual fee of $200,000 in lieu of the $108,000
annual fee currently provided, payable as per Paragraph 4 of said Schedule A but
at the rate of $16,666.66 per month. The rate increase is effective as of July
1, 1995.
2. The termination date of the Agreement is extended from May 18, 1996 until
June 30, 1998 and accordingly, Paragraph 4 of the Rider which restates Paragraph
5 of the Agreement is amended to substitute "July 1, 1995" for "the date of this
Agreement" as therein set forth.
3. TacTech shall provide to Zeus Electronics, Inc. as an additional module,
without additional cost and upon the same terms as are applicable to the other
modules and services provided by TacTech under the Agreement, the TacTech
"military to commercial" conversion data module. TacTech shall continually
update the data for this module to reflect ongoing changes to standard military
specification semiconductors and their commercial equivalents.
4. Paragraph 1 of Schedule A is amended to provide that in lieu of unlimited
usage via a local 1-714 area code telephone number, Zeus Electronics, Inc. will
be entitled to one thousand four hundred (1,400) hours of annual access to the
TacTech database via a local 1-714 area code telephone number. For usage over
1,400 hours per annum, Zeus Electronics, Inc. will pay an additional fee of
$80.00 per hour billed on the same terms and conditions as per Paragraph 4 of
Schedule A.
In all other respects, the Agreement is ratified and affirmed. If the
foregoing accurately sets forth our understanding, please have an authorized
signatory of Arrow acknowledge same beneath the words "Accepted and Agreed to"
at the foot hereof whereupon this will constitute a binding amendment to the
Agreement.
Very truly yours,
Transition Analysis
Component Technology, Inc.
By: Xxxxxx X. Xxxxxxxx
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Xxxxxx X. Xxxxxxxx
President and CEO
Accepted and Agreed to:
Arrow Electronics, Inc.
By: Xxx Xxxxxxxxx
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