Contract
Exhibit
10.17
March 16,
2005
ViewSonic
Corporation
000 Xxxx
Xxxxxx Xxxx
Xxxxxx,
XX 00000
|
Re: |
The
Fee Agreement (“Fee Agreement”) between ViewSonic Corporation and The CIT
Group/Business Credit, Inc. (Agent). |
Gentleman:
Reference
is made to that certain Fee Agreement dated December 18, 2001 between you and
Agent in reference to that certain Financing Agreement also dated as of December
18, 2001.
This will
confirm our agreement that upon execution of that certain Second Amendment
(“Second Amendment”) to Financing Agreement between you and Agent of even date
and upon satisfaction of the conditions thereto set forth in Section 5 of the
Second Amendment, the Administrative Management Fee set forth in the third
paragraph of Fee Agreement shall no longer be charged and shall be of no further
force or effect. In all other respects, the Fee Agreement shall remain
effective.
Very
truly yours,
The CIT
Group/Business Credit, Inc.
By: /s/
Xxxxxx
Xxxx
Title: Vice
President
Agreed:
ViewSonic
Corporation
By: /s/ Xxxxx
X.
Xxxxxx
Xxxxx X.
Xxxxxx
Title:
CFO
