EXHIBIT 10.1
TERMINATION AGREEMENT
BETWEEN
VISTA MEDICAL TECHNOLOGIES, INC.
AND
MEDTRONIC, INC.
This Termination Agreement is made, effective as of the 27th day of March, 2000,
(the "Effective Date") by and between Vista Medical Technologies, Inc. ("Vista")
and Medtronic, Inc. ("Medtronic"). As used in this Termination Agreement, the
term "Medtronic" shall include Medtronic, Inc. and its subsidiaries, affiliates,
and divisions including Medtronic Sofamor ▇▇▇▇▇, Inc. ("MSD") (successor in
interest to Sofamor ▇▇▇▇▇ Group, Inc.) and the Medtronic Cardiac Surgery
business unit ("Medtronic Cardiac Surgery").
Background:
A. Vista and Medtronic entered into an Amended and Restated Sales
Agreement dated June 26, 1998 (the "Cardiac Surgery Agreement")
by which Medtronic was to distribute Vista products.
B. Vista and MSD entered into a Cooperative Technology Agreement,
effective January 6, 1998, and an Exclusive Distribution
Agreement, as amended, effective January 6, 1998 (referenced
jointly as the "Sofamor ▇▇▇▇▇ Agreements"), by which MSD was to
distribute Vista products.
C. The parties now wish to terminate the Cardiac Surgery Agreement
and the Sofamor ▇▇▇▇▇ Agreements.
In consideration of the mutual promises contained herein, the parties agree as
follows:
1. TERMINATION OF AGREEMENT. Vista and Medtronic mutually agree that the
Cardiac Surgery Agreement and the Sofamor ▇▇▇▇▇ Agreements are hereby
terminated. All provisions relating to protection of intellectual property
and confidential information shall survive termination of the Agreements.
2. RESTRUCTURING OF PAYMENT OBLIGATIONS. Upon the termination of the Cardiac
Surgery Agreement and the Sofamor ▇▇▇▇▇ Agreements, all payment obligations
between the parties shall cease, provided, however, that the outstanding
balance of $781,160 which Vista owes Medtronic, will survive, but will now
be subject to repayment, if at all, solely pursuant to the provisions of
that certain Transition Agreement which is being entered into by the
parties simultaneously with this Termination Agreement (the "Transition
Agreement").
3. RELEASE.
a. Medtronic and Vista, on their own behalf and on behalf of their
affiliates, subsidiaries, successors, agents, directors, officers,
employees, and assigns (the "RELEASING PARTIES"), do each hereby
release and absolutely and forever discharge each other (including
their present and former shareholders, parent companies, subsidiaries,
affiliates, predecessors, officers, directors, employees, agents,
attorneys,
successors, and assigns) from any and all claims, demands, damages,
debts, liabilities, accounts, reckonings, obligations, costs,
expenses, liens, and causes of action of every kind whatsoever,
whether now known or unknown, suspected or unsuspected, whether in
contract, tort, or other cause of action, filed or unfiled, which they
now have, own, or hold or at any time heretofore ever had, owned, or
held, or may hereafter own or hold against the other Releasing Parties
and their present and former shareholders, parent companies,
subsidiaries, affiliates, predecessors, officers, directors,
employees, agents, attorneys, legal successors, and assigns which are
(i) based upon, arise from, or are in any way related to or connected
with the Releasing Parties' investment or other involvement in Vista
Medical Technologies, Inc., or (ii) based upon, arise from, or are in
any way related to or connected with the Cardiac Surgery Agreement or
the Sofamor ▇▇▇▇▇ Agreements and the parties' performance or
implementation thereof.
b. This Termination Agreement has been voluntarily and knowingly executed
by the Releasing Parties on advice and with approval of respective
legal counsel and with the express intention of effecting the legal
consequences provided by section 1541 of the California Civil Code,
that is, the extinguishment of obligations as herein designated. The
Releasing Parties hereby expressly waive any and all rights and
benefits conferred upon them by the provisions of California Civil
Code section 1542, which reads:
A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR
DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY
AFFECTED HIS SETTLEMENT WITH THE DEBTOR.
c. The releases contained in this section shall not apply to claims for
indemnification (including defense costs) between the parties if, and
to the extent, the party seeking indemnification has been found to be
responsible to an unrelated third party for damages which were caused
by actions taken by the party against whom indemnification is sought
and which actions are determined to have been intentionally fraudulent
as to the third party awarded damages or beyond the scope of the
indemnifying party's express or implied authority. The releases
contained herein shall not apply to any claims which arise from a
party's violation of any applicable law, ordinance, or regulation, or
claims that arise under the Transition Agreement.
d. This release does not constitute an admission of liability by any
party with respect to any matter hereby released.
4. MISCELLANEOUS.
a. GOVERNING LAW. This Termination Agreement shall be governed by and
interpreted in accordance with the laws of the State of California,
including all matters of construction, validity, performance and
enforcement, without giving effect to principles of conflict of laws.
b. COMPLETE AGREEMENT. The parties hereto agree and acknowledge that this
Termination Agreement constitutes the complete agreement between them
with respect to the matters set forth herein.
c. COUNTERPARTS. This Termination Agreement may be executed in any number
of counterparts, each of which shall be deemed as original and all of
which together shall constitute one instrument.
d. PUBLIC ANNOUNCEMENT. The parties agree that, except as may be required
to comply with the requirement of applicable law or any exchange upon
which such party's capital stock is listed or traded, no press release
or similar public announcement or communication will be made or caused
to be made concerning the execution or performance of this Termination
Agreement unless specifically approved in advance by Medtronic and
Vista, such consent not to be unreasonably withheld. The foregoing
shall not restrict either party's communications with employees,
customers, or private investors.
e. ASSIGNMENT. This Termination Agreement shall be binding upon and inure
to the benefit of the parties hereto and the successors or assigns of
the parties hereto; provided that (i) the rights and obligations of
Vista may not be assigned except to any person who succeeds to
substantially all of the assets and business of Vista to which this
Termination Agreement relates, and (ii) the rights and obligations of
Medtronic may not be assigned except to an affiliate of Medtronic or
to any person who succeeds to substantially all of that portion of
Medtronic's business to which this Termination Agreement relates.
MEDTRONIC, INC. VISTA MEDICAL TECHNOLOGIES, INC.
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ /s/ ▇▇▇▇ ▇▇▇▇
------------------------- -------------------------
By: M.D. ▇▇▇▇▇▇▇ By: ▇▇▇▇ ▇▇▇▇
Title: V.P. Title: President / CEO
Date: March 24, 2000 Date: March 24, 2000
EXHIBIT 10.2
TRANSITION AGREEMENT
BETWEEN
VISTA MEDICAL TECHNOLOGIES, INC.
AND
MEDTRONIC, INC.
This Transition Agreement is made, effective as of the 27th day of March,
2000, (the "Effective Date") by and between Vista Medical Technologies, Inc.
("Vista") and Medtronic, Inc. ("Medtronic"). As used in this Transition
Agreement, the term "Medtronic" shall include Medtronic, Inc. and its
subsidiaries, affiliates, and divisions including Medtronic Sofamor ▇▇▇▇▇,
Inc. ("MSD") (successor in interest to Sofamor ▇▇▇▇▇ Group, Inc.) and the
Medtronic Cardiac Surgery business unit ("Medtronic Cardiac Surgery").
Background:
A. Vista and Medtronic entered into an Amended and Restated Sales
Agreement dated June 26, 1998 (the "Cardiac Surgery Agreement") by
which Medtronic was to distribute Vista products.
B. Vista and MSD entered into a Cooperative Technology Agreement,
effective January 6, 1998, and an Exclusive Distribution Agreement, as
amended, effective January 6, 1998 (referenced jointly as the "Sofamor
▇▇▇▇▇ Agreements"), by which MSD was to distribute Vista products.
C. By separate agreement being entered into on the same date as this
Transition Agreement, the parties are entering into an agreement to
terminate the Cardiac Surgery Agreement and the Sofamor ▇▇▇▇▇
Agreements (the "Termination Agreement").
D. The parties wish to enter into this Transition Agreement to arrange
for the disposition of equipment and the continued provision of Vista
Systems and service to customers after the termination of the Cardiac
Surgery Agreement and the Sofamor ▇▇▇▇▇ Agreements.
In consideration of the mutual promises contained herein, the parties agree as
follows:
1. RESTRUCTURED PAYMENT OBLIGATIONS. Upon the termination of the Cardiac
Surgery Agreement and the Sofamor ▇▇▇▇▇ Agreements pursuant to the
Termination Agreement, all payment obligations between the parties shall
cease except for the outstanding balance of $781,160 which Vista owes
Medtronic relating to reimbursable sales and marketing expenses, which
balance will be paid, if at all, pursuant to Section 3, Offset of Payment
Obligation, of this Transition Agreement.
2. TRANSITION OF SALES. The parties agree to implement the following sales
transition plan (the "SALES TRANSITION PLAN") with the mutual goal of
accomplishing a smooth and cooperative substitution of Vista as the
Customer contact with regard to Vista Systems:
a. CURRENT CUSTOMERS AND PROSPECTS. Medtronic shall list on EXHIBIT A
those current customers who have purchased or installed Vista Systems
purchased through Medtronic or MSD (the "CUSTOMERS"). Medtronic shall
list on EXHIBIT B those potential customers for Vista Systems it has
identified at the time this Transition Agreement is executed (the
"PROSPECTS"). Between the signing of this Transition Agreement and May
1, 2000, the parties will use their best efforts to jointly meet one
(1) time with each Customer and Prospect for the purpose of
introducing a Vista representative to the Customer or Prospect,
discuss any questions or issues the Customer or Prospect has about the
Vista Systems, and transition the customer relationship to Vista. From
that meeting forward, Vista will be responsible for all sales and
marketing contacts with that particular Customer or Prospect. Nothing
contained in this Transition Agreement shall prevent or prohibit
Medtronic from taking whatever actions it deems appropriate to meet
the needs of its customers (including, but not limited to, the
repurchase of product from customers).
b. CUSTOMER REFERRALS. For a period of six months after the Effective
Date of this Transition Agreement is executed by both parties (the
"SALES TRANSITION PERIOD"), Medtronic will refer to Vista all
inquiries it receives from potential customers regarding the purchase
of Vista Systems ("REFERRALS") and, if reasonably possible, Vista and
Medtronic will jointly meet one (1) time with each such Referral to
introduce the Vista sales representatives and commence the sales
process.
▇. ▇▇▇▇▇ OF STOCK FOR POST TERMINATION PURCHASE ORDERS. For each purchase
order received by Vista from any Customer, Prospect, or Referral
during the Sales Transition Period ("POST TERMINATION PURCHASE
ORDERS"), Vista will issue to Medtronic shares of common stock in
Vista as follows:
i. Within thirty (30) days after expiration of the Sales Transition
Period, Vista will issue to Medtronic shares of Vista common stock
equal to (A) the aggregate revenue from all Post Termination Purchase
Orders less (B) the aggregate cost of the Vista Systems subject to the
Post Termination Purchase Orders, divided by (C) the average closing
price of Vista's common stock for the last 20 days of the Sales
Transition Period. The aggregate cost of the Vista Systems subject to
the Post Termination Purchase Orders shall be determined by applying
the figures identified as Vista Cost in Exhibit E to each element of
the subject Vista Systems. The maximum value of any common stock to be
received by Medtronic under this Section shall not exceed $1.0
million.
ii. The provisions of this section shall apply to purchase orders
issued directly to Vista or through a distributor, manufacturer's
representative, or sales agent during the Sales Transition Period. Any
commissions paid to such distributor, manufacturer's representative,
or sales agent in connection with these purchase orders shall be
deducted for the purposes of calculating aggregate revenue.
iii. Medtronic agrees that it will not divest any of its Vista common
stock, Vista common stock obtained through this Section or otherwise
in an open market trade for a price of less than $1.75 per share until
December 31, 2000.
3. OFFSET OF PAYMENT OBLIGATION. Medtronic will offset the outstanding balance
owed by Vista to Medtronic set forth in Section 2, above, in an amount
equal to the value of the common stock granted to Medtronic pursuant to
Section 3(c), above. In the event Medtronic is granted common stock with a
value greater than the outstanding balance owed by Vista to Medtronic,
Medtronic shall not be required to reimburse Vista for the excess. In the
event Medtronic is granted common stock with a value less than the
outstanding balance owed by Vista to Medtronic or no common stock at all,
Medtronic shall release Vista of its obligation to reimburse Medtronic for
any difference, up to and including the entire outstanding balance
identified in Section 2.
4. TRANSITION OF SERVICE. The parties agree that, subject to the following
service transition plan, Vista shall be responsible for equipment service
of all Vista Systems and systems which have been placed by Medtronic or
MSD.
a. EXHIBIT C lists the Customers who purchased Vista Systems from
Medtronic or MSD whose products are currently subject to warranty or
service agreement obligations.
b. For Customers and anyone who purchases Vista Systems after the date of
this Transition Agreement, Medtronic will continue to provide service
with personnel in its employ as of the Effective Date until Vista
assumes responsibility for the service, but in no event longer than
for three (3) months from the Effective Date. Medtronic shall not be
required to hire additional personnel to provide this service if
personnel employed as of the Effective Date voluntarily leave the
employment of Medtronic or are otherwise available for direct hire by
Vista. Medtronic will be responsible for the cost of such service
until April 1, 2000. After April 1, 2000, if Medtronic is still
providing such service, Vista will reimburse Medtronic for the costs
of providing service incurred by Medtronic.
c. For a total fee of Twelve Thousand Dollars ($12,000), inclusive of
reasonable travel expenses, payable in advance, Medtronic will make
the services of ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ available to Vista from the date of
this Transition Agreement through April 30, 2000, for the purpose of
providing product service to purchasers of Vista Systems.
d. To the extent Medtronic is a party to maintenance, lease, or Master
Usage Agreements with Customers, Medtronic and Vista agree to use
their best efforts to have such agreements assigned to Vista by
Medtronic and obtain Customer consent where required. If Customer
consent is obtained, Medtronic's interest, if any, in that Customer's
equipment (the "Transferred Equipment") will be transferred to Vista
and the Customer will pay all subsequent fees to Vista. As long as
Vista continues to receive revenue from or in connection with the
Transferred Equipment sufficient to cover its actual costs of
providing the service on that Transferred Equipment (whether from the
Customer or otherwise), Vista will reimburse Medtronic for Medtronic's
unamortized book value in the Transferred Equipment as of the transfer
date, if any, which reimbursement will be made on a monthly basis
depreciating the value on a straight line basis over what would be the
remaining term of the Customer agreement. If any required Customer
consent is not obtained, Medtronic and Vista agree that they will use
their best efforts to arrange for Vista to actually perform the
service on that Customer's equipment (the "Non-Transferred
Equipment"). In that event, Medtronic will pay to Vista the fees it
receives from the Customer; provided, however, that as long as the
amount paid to Vista is adequate to cover Vista's actual costs of
providing service on the Non-Transferable Equipment, Medtronic will
retain the amount needed on a monthly basis to amoritze Medtronic's
book value in the Non-Transferred Equipment on a straight line basis
over what would be the remaining term of the Customer agreement.
5. EQUIPMENT AND INVENTORY. Medtronic agrees to sell to Vista, on an as-is
basis, any of its inventory of Vista Systems or systems (including parts)
which Medtronic may own at the time of the request from Vista Medtronic's
then current book value for such inventory; provided, however, that if
Medtronic reasonably determines that it will need any such inventory to
meet its service obligations set forth in Section 4, above, it will not be
required to sell such inventory to Vista. Exhibit D contains a list of all
current Medtronic inventory of Vista Systems and parts and their current
book value.
6. REGULATORY ISSUES. The specific details on the Regulatory Transition are
listed on Exhibit F. The parties will cooperate on all regulatory matters
necessary to allow Vista to assume full responsibility for the sale,
distribution, and service on Vista Systems world-wide. From the Effective
Date on, Vista will be responsible for all product reporting, MDR
reporting, and Vigilance reporting. Medtronic will promptly advise Vista of
any product related issues it becomes aware of.
7. MISCELLANEOUS.
a. RELATIONSHIP. This Transition Agreement does not make either party the
employee, agent, or legal representative of the other for any purpose
whatsoever. In fulfilling its obligations pursuant to this Transition
Agreement, each party shall be acting as an independent contractor.
b. ASSIGNMENT. This Transition Agreement shall be binding upon and inure
to the benefit of the parties hereto and the successors or assigns of
the parties hereto; provided that (i) the rights and obligations of
Vista may not be assigned except to any person who succeeds to
substantially all of the assets and business of Vista to which this
Transition Agreement relates, and (ii) the rights and obligations of
Medtronic may not be assigned except to an affiliate of Medtronic or
to any person who succeeds to substantially all of that portion of
Medtronic's business to which this Transition Agreement relates.
c. GOVERNING LAW. This Transition Agreement shall be governed by and
interpreted in accordance with the laws of the State of California,
including all matters of construction, validity, performance and
enforcement, without giving effect to principles of conflict of laws.
d. COMPLETE AGREEMENT. The parties hereto agree and acknowledge that this
Transition Agreement constitutes the complete agreement between them
with respect to the post-termination matters set forth herein.
e. WAIVER AND AMENDMENT. The failure of any party to enforce at any time
any of the provisions of this Transition Agreement shall in no way be
construed to be a waiver of any such provision, nor in any way to
affect the validity of this Transition Agreement or any part hereof.
Any amendment to this Transition Agreement shall be in writing and
signed by the parties hereto.
f. COOPERATION AND SUBSEQUENT ADJUSTMENT OF EXHIBITS. The parties shall
execute any and all further documents and take any and all further
action that reasonably may be necessary or required to effectuate the
Transition Agreement. If omissions or inaccuracies in the Exhibits are
discovered after the signing of this Transition Agreement, the parties
agree that they will negotiate in good faith to adjust the Exhibits to
reflect the actual subject matter of the Exhibits.
g. COUNTERPARTS. This Transition Agreement may be executed in any number
of counterparts, each of which shall be deemed as original and all of
which together shall constitute one instrument.
h. PUBLIC ANNOUNCEMENT. The parties agree that, except as may be required
to comply with the requirement of applicable law or any exchange upon
which such party's capital stock is listed or traded, no press release
or similar public announcement or communication will be made or caused
to be made concerning the execution or performance of this Transition
Agreement unless specifically approved in advance by Medtronic and
Vista, such consent not to be unreasonably withheld. The foregoing
shall not restrict either party's communications with employees,
customers, or private investors.
i. ALTERNATIVE DISPUTE RESOLUTION. All disputes concerning the
interpretation and enforcement of this Transition Agreement shall be
resolved by negotiations between the parties or, if necessary, by
mediation, or, if mediation is unsuccessful, by arbitration under the
procedures of the AMERICAN ARBITRATION ASSOCIATION for commercial
disputes.
MEDTRONIC, INC. VISTA MEDICAL TECHNOLOGIES, INC.
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ /s/ ▇▇▇▇ ▇▇▇▇
------------------------- -------------------------
By: M.D. ▇▇▇▇▇▇▇ By: ▇▇▇▇ ▇▇▇▇
Title: V.P. Title: President / CEO
Date: March 24, 2000 Date: March 24, 2000
EXHIBIT A
CARDIAC SURGERY VISTA. CUSTOMERS -- U. S.
------------------------ --------------------------------- --------------------------- -------------------------------
Customer Name Customer Address Product Warranty/Service Obligation
Description/Medtronic
book value status as of
2/27/00
------------------------ --------------------------------- --------------------------- -------------------------------
Vista Series 8000 Usage Agreement signed
3/18/98; 36 month term;
Cost - monthly fee includes ***.
$***
*** *** Acc.Dep. -
$***
Net Book Value -
$***
Current Dep. Exp. -
$***
------------------------ --------------------------------- --------------------------- -------------------------------
Vista Series 8000 Usage Agreement signed
10/7/98; converted to
Cost - month-to-month on 10/7/99;
$*** monthly fee includes ***.
*** *** Acc.Dep. -
$***
Net Book Value -
$***
Current Dep. Exp. -
$***
------------------------ --------------------------------- --------------------------- -------------------------------
Vista Series 8000 Usage Agreement signed
12/1/97; 36 month term;
Cost - monthly fee includes ***.
$***
*** *** Acc.Dep. -
$***
Net Book Value -
$***
Current Dep. Exp. -
$***
------------------------ --------------------------------- --------------------------- -------------------------------
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
CARDIAC SURGERY VISTA CUSTOMERS - EUROPE
-------------------------------------------------------------------------------------------------------------------------------
Country City Surgeon Center Sale Warranty Expiration
-------------------------------------------------------------------------------------------------------------------------------
Austria *** *** *** Apr-99
-------------------------------------------------------------------------------------------------------------------------------
Germany *** *** *** Jul-99 Yes 7/00
-------------------------------------------------------------------------------------------------------------------------------
Germany *** *** *** Mar-99
-------------------------------------------------------------------------------------------------------------------------------
Germany *** *** *** Feb-99
-------------------------------------------------------------------------------------------------------------------------------
Germany *** *** *** Oct-97
-------------------------------------------------------------------------------------------------------------------------------
EE *** *** *** Mar-99
-------------------------------------------------------------------------------------------------------------------------------
EE *** *** *** Dec-97
-------------------------------------------------------------------------------------------------------------------------------
Egypt *** *** *** Dec-99 Yes 12/00
-------------------------------------------------------------------------------------------------------------------------------
Italy *** *** *** Jun-99
-------------------------------------------------------------------------------------------------------------------------------
Italy *** *** *** Nov-98
-------------------------------------------------------------------------------------------------------------------------------
Norway *** *** *** Dec-98
-------------------------------------------------------------------------------------------------------------------------------
NL *** *** *** Oct-97
-------------------------------------------------------------------------------------------------------------------------------
Sweden *** *** ***
-------------------------------------------------------------------------------------------------------------------------------
Sweden *** *** *** Jan-98
-------------------------------------------------------------------------------------------------------------------------------
UK *** *** *** Oct-97
-------------------------------------------------------------------------------------------------------------------------------
UK *** *** *** Apr-99
-------------------------------------------------------------------------------------------------------------------------------
France *** *** *** Jul-99 Yes 7/00
-------------------------------------------------------------------------------------------------------------------------------
France *** *** *** Apr-98
------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
*Vista sale
**MDT Fixed Assets -- Notwithstanding the provisions of the Transition
Agreement, Medtronic and Vista will negotiate in good faith how these accounts
and the equipment located there will be dealt with.
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
SNT VISTA CUSTOMERS -- WORLDWIDE
--------------------------------------- --------------------------------- -----------------------------------
Customer Address Description of Vista System
Name/Contact
--------------------------------------- --------------------------------- -----------------------------------
980.002
*** *** StereoSite Microscope Module
--------------------------------------- --------------------------------- -----------------------------------
980.001
*** *** StereoSite Base
--------------------------------------- --------------------------------- -----------------------------------
980.001
*** *** StereoSite Base
--------------------------------------- --------------------------------- -----------------------------------
980.002
*** *** StereoSite Microscope Module
--------------------------------------- --------------------------------- -----------------------------------
980.054
*** *** Moller ▇▇▇▇▇ Adapters (2)
--------------------------------------- --------------------------------- -----------------------------------
980.001
*** *** StereoSite Base
--------------------------------------- --------------------------------- -----------------------------------
980.002
*** *** StereoSite Microscope Module
--------------------------------------- --------------------------------- -----------------------------------
980.002
*** *** StereoSite Microscope Module
--------------------------------------- --------------------------------- -----------------------------------
980.001
*** *** StereoSite Base
--------------------------------------- --------------------------------- -----------------------------------
980.052
*** *** Leica/Wild Adapters (2)
--------------------------------------- --------------------------------- -----------------------------------
980.002
*** *** StereoSite Microscope Module
--------------------------------------- --------------------------------- -----------------------------------
980.001
*** *** StereoSite Base
--------------------------------------- --------------------------------- -----------------------------------
980.001
*** *** StereoSite Base
--------------------------------------- --------------------------------- -----------------------------------
980.002
*** *** StereoSite Microscope Module
--------------------------------------- --------------------------------- -----------------------------------
980.002
*** *** StereoSite Microscope Module
--------------------------------------- --------------------------------- -----------------------------------
980.001
*** *** StereoSite Base
--------------------------------------- --------------------------------- -----------------------------------
980.002
*** *** StereoSite Microscope Module
--------------------------------------- --------------------------------- -----------------------------------
980.001
*** *** StereoSite Base
--------------------------------------- --------------------------------- -----------------------------------
980.051
*** *** Zeiss Beamsplitter
--------------------------------------- --------------------------------- -----------------------------------
980.005
*** *** PAL StereoSite Base
--------------------------------------- --------------------------------- -----------------------------------
980.025
*** *** StereoSite Digital Processor PAL
--------------------------------------- --------------------------------- -----------------------------------
980.045
*** *** Micro Camera Control Unit PAL
--------------------------------------- --------------------------------- -----------------------------------
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
SNT Vista Customers -- Worldwide (cont'd)
--------------------------------------- --------------------------------- -----------------------------------
CUSTOMER ADDRESS DESCRIPTION OF VISTA SYSTEM
NAME/CONTACT
--------------------------------------- --------------------------------- -----------------------------------
980.010
Primary HMD w/ boom mic, 5'
*** *** attached cable & 20' extension
cable
--------------------------------------- --------------------------------- -----------------------------------
980.015
Secondary HMD w/o boom mic, 5'
*** *** attached cable & 20' extension
cable
--------------------------------------- --------------------------------- -----------------------------------
980.065
*** *** Sony 15" VGA Monitor w/ VGA cable
& power cord
--------------------------------------- --------------------------------- -----------------------------------
980.035
*** *** Microscope Camera (2) PAL
--------------------------------------- --------------------------------- -----------------------------------
980.035
*** *** Microscope Camera (2) PAL
--------------------------------------- --------------------------------- -----------------------------------
980.050
*** *** Microscopic Stereo Video Adapters
(2)
--------------------------------------- --------------------------------- -----------------------------------
980.050
*** *** Microscopic Stereo Video Adapters
(2)
--------------------------------------- --------------------------------- -----------------------------------
980.025
*** *** StereoSite Digital Processor PAL
--------------------------------------- --------------------------------- -----------------------------------
980.010
Primary HMD w/ boom mic, 5'
*** *** attached cable & 20' extension
cable
--------------------------------------- --------------------------------- -----------------------------------
980.015
Secondary HMD w/o boom mic, 5'
*** *** attached cable & 20' extension
cable
--------------------------------------- --------------------------------- -----------------------------------
980.065
*** *** Sony 15" VGA Monitor w/ VGA cable
& power cord
--------------------------------------- --------------------------------- -----------------------------------
980.035
*** *** Microscope Camera (2) PAL
--------------------------------------- --------------------------------- -----------------------------------
980.035
*** *** Microscope Camera (2) PAL
--------------------------------------- --------------------------------- -----------------------------------
*** *** StereoSite System
--------------------------------------- --------------------------------- -----------------------------------
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
EXHIBIT B
CUSTOMER LEADS
VISTA SERIES 8000 LEADS -- CARDIAC SURGERY EUROPE
CITY WHO HOSPITAL
-------------------------------------------------------------------------------------------------------------
A B *** *** ***
B B
A B
C CH
C CH
A CH
A A
C D
A D
B D
B D
A D
A DK
C E
C E
C EE
C EE
C EE
C EE
C EE
A F
B F
A F
C F
B F
C F
C F
C F
A SF
A I
A I
B I
C I
B I
A I
A MM
A N
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
A NL *** *** ***
B NL
B NL
B NL
B S
B UK
C UK
C UK
A UK
B UK
C UK
A UK
A F
A B
A CH
C D
Notes:
A = strong lead 21 Blue donated VMTI
B = moderate
C = long term
-------------------------------------------------------------------------------------------------------------
CARDIAC SURGERY -- U. S. and Canada
*** ***
CARDIAC SURGERY VISTA CUSTOMERS - CANADA
***
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
Exhibit C
Service and Warranty
Warranty and service obligations on Vista Cardiac Surgery Products placed in
Europe and U. S. -- see Exhibit A, above.
Warranty and service obligation on Vista SNT Products placed world-wide --
--------------------------------------------------------------------------------------------------------------------------------
Customer Part No. Product Description Date Warranty Expires
--------------------------------------------------------------------------------------------------------------------------------
*** 980.001 SteroSite Base 04/30/00
980.002 SteroSite Microscope Module 08/31/00
--------------------------------------------------------------------------------------------------------------------------------
*** 980.001 SteroSite Base 04/30/00
980.002 SteroSite Microscope Module 04/30/00
--------------------------------------------------------------------------------------------------------------------------------
*** 980.001 SteroSite Base 12/31/2000
980.002 SteroSite Microscope Module 12/31/2000
980.051 Zeiss Beam Splitter 12/31/2000
--------------------------------------------------------------------------------------------------------------------------------
*** StereoSite System ****05/30/02
with customer option to
purchase an additional
4 Years Service coverage.
--------------------------------------------------------------------------------------------------------------------------------
**** -- Notwithstanding Article 4 of the Transition Agreement, Medtronic
and Vista will negotiate in good faith the terms by which this service
will be provided.
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
EXHIBIT D
MEDTRONIC INVENTORY OF VISTA SYSTEMS AND PARTS
CARDIAC SURGERY (U.S.): Medtronic will have up to 15 Vista Series 8000
systems in inventory.
OTHER PARTS INVENTORY AT MOUNDSVIEW, MN FACILITY:
----------------------- --------------------------------------- ------------------------
Part Number Part Description #
----------------------- --------------------------------------- ------------------------
8271 SonyMonitor 13
----------------------- --------------------------------------- ------------------------
8075 CardioConsole 13
----------------------- --------------------------------------- ------------------------
8050 CardioLight 14
----------------------- --------------------------------------- ------------------------
8170 2D/3DCardioController 13
----------------------- --------------------------------------- ------------------------
8170-u 2D/3DCardiocontrollerUpgrade 1
----------------------- --------------------------------------- ------------------------
8180 CardioViewProcessor 14
----------------------- --------------------------------------- ------------------------
8161 2DCardioController 15
----------------------- --------------------------------------- ------------------------
8176 CardioViewHeadMountedDisplay 31
----------------------- --------------------------------------- ------------------------
8172 CardioViewHMDwithHeadlight 2
----------------------- --------------------------------------- ------------------------
8100 CardioCamera3D 11
----------------------- --------------------------------------- ------------------------
8061 CardioLightLHM-Universal 15
----------------------- --------------------------------------- ------------------------
8160 2DEndoscopeCameraHead 12
----------------------- --------------------------------------- ------------------------
VV9132 EndoscopeCoupler 12
----------------------- --------------------------------------- ------------------------
8265 RemoteSwitcher 8
----------------------- --------------------------------------- ------------------------
8190 VistaStereoscope 1
----------------------- --------------------------------------- ------------------------
8191-2 VistaEndoscope 30'/70 1
----------------------- --------------------------------------- ------------------------
8140 MiniCamera2D 1
----------------------- --------------------------------------- ------------------------
8060 CardioLightLHM-standard 2
----------------------- --------------------------------------- ------------------------
8110-01 Thoracic3DHolder-Malleable 15 pairs
----------------------- --------------------------------------- ------------------------
8120-01 GooseneckArm 14
----------------------- --------------------------------------- ------------------------
8120-02 3DHolderforGooseneckArm 14 pairs
----------------------- --------------------------------------- ------------------------
8150-03 UniversalClampforRetractor 14
----------------------- --------------------------------------- ------------------------
8054 SingleFiberLightGuide 22
----------------------- --------------------------------------- ------------------------
8179 MultiFiberLightGuide 27
----------------------- --------------------------------------- ------------------------
8062 AdapterKitforLightGuide 12
----------------------- --------------------------------------- ------------------------
N/A Leyla RetractorwithCameraHolders 1
----------------------- --------------------------------------- ------------------------
N/A ZeissCameraController 1
----------------------- --------------------------------------- ------------------------
N/A ZeissCamera 1
----------------------- --------------------------------------- ------------------------
N/A ZeissEndoscope0/80 1
----------------------- --------------------------------------- ------------------------
N/A ZeissEndoscope30/70 1
----------------------- --------------------------------------- ------------------------
Misc Items: Video Cables---S-video and BNC
Power Cords
Extra HMD Cables
CARDIAC SURGERY (EUROPE):
Systems Fixed Assets
------------------------------------------------------
DESCRIPTION CURRENT BOOK VALUE
Europe Vista Demo $ ***
Europe Vista Demo $ ***
Europe Vista Demo $ ***
Europe Vista Demo $ ***
UK Demo $ ***
France $ ***
Italy x2 $ ***
Israel $ ***
TOTAL $ ***
------------------------------------------------------
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
INVENTORY KERKRADE
EurLBM
MODEL DESCRIPTION INV 27/9 (DFL) EA. CLBM ($) EA. Total
VD-VV9132 VISTA 32MM COUPLER - DEMO 4 *** *** ***
VD-V8061 VISTA UNIV LAMP HOUS MODULE - DEMO 3
VD-V8062 VISTA ADAPTOR KIT LIGHTGUIDE - DEMO 3
VD-V8160P VISTA 2D CAMERA HEAD PAL - DEMO 4
VD-V8161P VISTA 2D CARDIO CONTROLLER ENDO - DEMO 0
VD-V8179 VISTA MULTIFIBER LIGHTGUIDES -DEMO 12
VV9132 VISTA 32MM COUPLER 1
V8005CC-T VISTA SERIES 8000 CC 2D E TRAINING 0
V8005P VISTA SERIES 8000-PAL,240V 1
V8005P-T VISTA SERIES 8000-PAL,240V TRAINING 0
V8032-1 VISTA ENDOSCOPE COUPLER II 0
V8054 VISTA CARDIOCAMERA LIGHT GUIDE 5
V8061 VISTA UNIV LAMP HOUS MODULE 0
V8062 VISTA ADAPTOR KIT LIGHTGUIDE 0
V8100P VISTA CARDIO miniCAMERA 3D-50 0
▇▇▇▇▇-▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ 3
V8160P VISTA 2D CAMERA HEAD PAL 1
V8161P VISTA 2D CARDIO CONTROLLER ENDO 0
V8172 VISTA HMD W/LIGHT,CABLE,LG 2
V8174 VISTA LIGHTGUIDE FOR HMD W/LIGHT 2
V8179 VISTA MULTIFIBER LIGHTGUIDES 5
V8190P VISTA STEREO CAM HOUSING 7
V8191-1 VISTA STEREO ENDOSCOPE 0" 10
V8191-2 VISTA STEREO ENDOSCOPE 30" 8
V8265 VISTA HANDHELD REMOTE SWITCH 2D/3D 0
V8265-T VISTA HANDHELD REMOTE SWITCH 2D/3D 0
V8271 VISTA SONY MONITO 13" 2
V8800 VISTA GOOSE NECK CAM HOLDER 9
V8801 MULTIFIB 4,5MM 2,3M STORZ 9
-------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------
CARDIAC SURGERY -- CANADA: One demo system
CARDIAC SURGERY -- AUSTRALIA: One demo system
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission .
SNT INVENTORY -- WORLD-WIDE
SNT Systems and Parts
Quantity Part Identification Location Book Value
980.010 Primary HMD w/ boom Medtronic Surgical
10 mic, 5' attached cable & 20' Navigation
extension cable Technologies *** Each ***
5 980.012 Boom microphone ▇▇▇ ▇▇▇▇▇▇▇ ▇▇ *** Each ***
980.015 Secondary HMD w/o boom *** Each ***
mic, 5' attached cable & 20' Broomfield CO
13 extension cable 80020 *** Each ***
980.020 StereoSite Digital
Processor (NTSC) w/ 25' S-video
16 cable 7 power cord *** Each ***
1 980.023 6' SVHS Cable *** Each ***
980.030 NTSC Microscope cameras
14 (2) & 30' cables (2)
980.040 StereoSite Camera
Controller (NTSC), 6' S-video
14 cables (2) & power cord
2 980.049 StereoSite SVA Single *** Each ***
980.050 Microscope Stereo Video *** Each ***
15 Adapters (2) *** Each ***
1 980.051 Zeiss Beamsplitter *** Each ***
5 980.054 Moller ▇▇▇▇▇ Adapters (2) *** Each ***
10 980.060 StereoSite System Cart *** Each ***
980.065 Sony 15" VGA Monitor w/
14 VGA cable & power cord *** Each ***
Total Broomfield Inventory
Sofamor ▇▇▇▇▇
1 980.001 StereoSite Base Canada *** Each ***
980.002 StereoSite Microscope 6725 Millcreek
1 Module Drive ▇▇▇▇ ▇ *** ▇▇▇▇ ***
▇▇▇▇▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Total Mississauga Inventory ***
980.010 Primary HMD w/ boom
mic, 5' attached cable & 20' Sofamor ▇▇▇▇▇
1 extension cable Australia *** Each ***
▇/▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇▇
▇▇▇▇ ▇▇▇▇▇▇▇▇▇
Total Australia Inventory ***
TOTAL WORLDWIDE INVENTORY ***
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
NT DEMO INVENTORY
DEMO INVENTORY
----------------------------------------------------------------------------------------------------------------------------------
QUANTITY PART IDENTIFICATION LOCATION BOOK VALUE BOOK VALUE
----------------------------------------------------------------------------------------------------------------------------------
11 980.010 Primary HMD w/ boom mic, 5' attached cable & 20'
extension cable United States
----------------------------------------------------------------------------------------------------------------------------------
11 980.015 Secondary HMD w/o boom mic, 5' attached cable & 20'
extension cable
----------------------------------------------------------------------------------------------------------------------------------
11 980.020 StereoSite Digital Processor (NTSC) w/ 25' S-video cable
7 power cord
----------------------------------------------------------------------------------------------------------------------------------
All these
components make
up a Demo
11 980.030 NTSC Microscope cameras (2) & 30' cables (2) System *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
11 980.040 StereoSite Camera Controller (NTSC), 6' S-video cables
(2) & power cord
----------------------------------------------------------------------------------------------------------------------------------
11 980.050 Microscope Stereo Video Adapters (2)
----------------------------------------------------------------------------------------------------------------------------------
11 980.060 StereoSite System Cart
----------------------------------------------------------------------------------------------------------------------------------
11 980.065 Sony 15" VGA Monitor w/ VGA cable & power cord
----------------------------------------------------------------------------------------------------------------------------------
Locations of the Demo Systems are:
----------------------------------------------------------------------------------------------------------------------------------
1 System at University of San Francisco, San francisco, CA
----------------------------------------------------------------------------------------------------------------------------------
1 System at PS Medical, Goleta, CA
----------------------------------------------------------------------------------------------------------------------------------
1 System at Cargo, Inc. Warehouse, Denver, CO
----------------------------------------------------------------------------------------------------------------------------------
1 System at Cargo, Inc. Warehouse, Herndon, VA
----------------------------------------------------------------------------------------------------------------------------------
7 systems at Medtronic Sofamor ▇▇▇▇▇, Memphis, TN
----------------------------------------------------------------------------------------------------------------------------------
1 980.010 Primary HMD w/ boom mic, 5' attached cable & 20'
extension cable Grenoble, France *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.015 Secondary HMD w/o boom mic, 5' attached cable & 20'
extension cable *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.025 StereoSite Digital Processor PAL *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.060 StereoSite System Cart *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.065 Sony 15" VGA Monitor w/ VGA cable & power cord *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
2 980.035 Microscope Camera (2) PAL *** Each ***
---------------------------------------------------------------------------------------------------------------------------------
1 980.045 Micro Camera Control Unit PAL *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.050 Microscope Stereo Video Adapters (2) *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.050 Microscope Stereo Video Adapters (2) *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
Total Demo System Grenoble, France ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.005 StereoSite Base PAL Austrian Office *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.006 StereoSite Microscope Module PAL *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.054 Moller ▇▇▇▇▇ Adapters (2) *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
Total Demo System Austrian Office ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.005 StereoSite Base PAL Cologne Office *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.006 StereoSite Microscope Module PAL *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
Total Demo System Cologne Office *** ***
----------------------------------------------------------------------------------------------------------------------------------
Kobayashi
Sofamor ▇▇▇▇▇
1 980.001 StereoSite Base Japan *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
KN Nisiumeda
1 980.002 StereoSite Microscope Module Bldg 3F *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.010 Primary HMD w/ boom mic, 5' attached cable & 20' Fukushima KU,
extension cable ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.052 Leica/Wild Adapters (2) *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
2 980.051 Zeiss Beamsplitter *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.010 Primary HMD w/ boom mic, 5' attached cable & 20'
extension cable *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.015 Secondary HMD w/o boom mic, 5' attached cable & 20'
extension cable *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.020 StereoSite Digital Processor (NTSC) w/ 25' S-video cable
7 power cord *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.030 NTSC Microscope cameras (2) & 30' cables (2) *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.040 StereoSite Camera Controller (NTSC), 6' S-video cables
(2) & power cord *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
----------------------------------------------------------------------------------------------------------------------------------
1 980.050 Microscope Stereo Video Adapters (2) *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.060 StereoSite System Cart *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.065 Sony 15" VGA Monitor w/ VGA cable & power cord *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.051 Zeiss Beamsplitter *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
1 980.012 Boom microphone *** Each ***
----------------------------------------------------------------------------------------------------------------------------------
Total Demo Systems Japan ***
----------------------------------------------------------------------------------------------------------------------------------
TOTAL WORLDWIDE DEMO SYSTEMS ***
----------------------------------------------------------------------------------------------------------------------------------
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
Exhibit E
Vista System Costs
===========================================================================
VISTA SERIES V 8005P ADVANCED VISUALIZATION AND INFORMATION SYSTEM
===========================================================================
STANDARD EQUIPMENT
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
PART NO. ITEM QTY TRANSFER TOTAL VISTA COST TOTAL LIST
PRICE/UNIT TRANSFER UPDATED @ PRICE
PRICE MARCH 1,
2000
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8271 Sony 13" Analog Monitor-PAL 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8076 Vista CardioConsole-240 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8050 Vista CardioLight 110-120V 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8061 Vista CardioLight LHM-Universal 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8062 Adapter Kit for Multifiber Light 1 *** *** *** ***
Guide
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8170P Vista 3D/2D CardioController-PAL 2 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8180P Vista CardioView Processor-PAL 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8176 Vista CardioView HMD and 20 Ft. 2 *** *** *** ***
Ext. Cable
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8077 Assembly Drawer 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
TOTALS *** *** *** ***
ADDITIONAL MINI-CAM SOLUTION
------------------------------------------------- --------- --------------- -------------- ------------- -------------
8100P Vista CardioCamera 3D-50-PAL 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8054 Vista Cardio Light Guide-SF 2 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8110-02 Thoracic 3D Holder-Malleable pr. 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
V 8800 Gooseneck 3D Holder 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
TOTAL TRANSFER PRICE *** *** *** ***
ADDITIONAL STEREO-CAM SOLUTION
------------------------------------------------- --------- --------------- -------------- ------------- -------------
8190P StereoScope Camera PAL 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8191-1 Stereo Endoscope, 0 Degree 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8191-2 Stereo Endoscope, 30 Degree 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
TBD Light Guide-Liquid 2 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
TOTAL TRANSFER PRICE *** *** *** ***
ADDITIONAL MONO-ENDO-CAM SOLUTION
------------------------------------------------- --------- --------------- -------------- ------------- -------------
8161P Vista 2D Cardio Controller PAL 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8160 Vista 2D Endoscope Camera Head-PAL 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8032-1 Vista Endoscope Coupler 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
8179 Light Guide-Multifiber 1 *** *** *** ***
------------- ----------------------------------- --------- --------------- -------------- ------------- -------------
TOTAL TRANSFER PRICE *** *** *** ***
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
=================================================================
THE CURRENT UPGRADED SERIES 8000 WHICH WILL BE SHIPPED AS
STANDARD CONFIGURATION DURING THE SALES TRANSITION PERIOD
CONSISTS OF:
=================================================================
STANDARD EQUIPMENT
----------------------------------------------------------------- ------------------------ ----------------------
PART NO. ITEM EUROPE USA
-------------- -------------------------------------------------- ------------------------ ----------------------
8271 Sony 13" Analog Monitor-PAL *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
8076 Vista CardioConsole *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
8170 Vista 3D CardioController *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
8180 Vista CardioView Processor *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
8176 Vista CardioView HMD X2 *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
TBD Shelf System (for light source)* *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
8190 StereoScope Camera *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
8191-1 0 degree Endoscope *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
8191-2 30 degree Endoscope *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
TBD Liquid Lightguide X2 *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Lightsource *** ***
-------------- -------------------------------------------------- ------------------------ ----------------------
TOTALS *** ***
- TBD items are new upgraded components.
***Portions of this page have been omitted pursuant to request for confidential
treatment and filed separately with the Commission.
Exhibit F
Regulatory Transition
EUROPE
1. Authorized Representative status will transfer from Medtronic to Vista on
May 1, 2000
2. Medtronic to supply Vista with the following:
(i) Copies of Translated Users manuals and IFU's (hard copy and computer
file);
(ii) Copies of any and all submissions/registration papers to any non EU
health authority;
(iii) Copies of any correspondence to any EU health authority;
(iv) Copies of any Master files on the Series 8000; and
(v) Examples of any and all promotional or sales material (hard copy,
computer files, and art work).
JAPAN
1. Registration process to be maintained on active status with the Health
Ministry until Vista can arrange transfer to another distributor.
2. Medtronic to supply Vista with a copy of the registration file.
AUSTRALIA
1. Medtronic to supply Vista with copies of registration documents filed with
Health Authority.
2. Medtronic to supply Vista with copies of any and all local promotional
material (hard copy, computer files, and art work).
CANADA
1. Cooperation between Medtronic and Vista to work with HPB to transfer
registration file to Vista.
2. Medtronic to supply Vista with copies of registration documents with HPB.
