EXHIBIT 10.30
FIRST AMENDMENT AGREEMENT
EXHIBIT 10.30
FIRST AMENDMENT AGREEMENT
FIRST AMENDMENT AGREEMENT (this "Agreement") dated as of August 7, 2002 by and
between Imagistics International Inc. (the "Company") and Equiserve Trust
Company, N.A. (the "Rights Agent") with respect to a certain Rights Agreement
dated as of September 28, 2001 by and between the Pitney Xxxxx Office Systems,
Inc. and the Rights Agent.
W I T N E S S E T H:
WHEREAS, the Company has changed its name from Pitney Xxxxx Office
Systems, Inc. to Imagistics International Inc. on October 12, 2001.
WHEREAS, the parties hereto have agreed to amend certain terms of the
Rights Agreement.
NOW, THEREFORE, the first paragraph of the Rights Agreement is hereby
amended to read as follows:
WHEREAS, the Board of Directors of the Company has authorized and
declared a dividend of one preferred stock purchase right (a
"Right") for each share of Common Stock (as hereinafter defined)
outstanding at the close of business on August 9, 2002 (the
"Record Date") and has authorized the issuance, upon terms subject
to the conditions hereinafter set forth, of one Right in respect
of each share of Common Stock issued after the Record Date, each
Right representing the right to purchase, upon terms and subject
to the conditions hereinafter set forth, one one-hundredth of a
share of Preferred Stock (as hereinafter defined);
IN WITNESS WHEREOF, each of the parties hereto has caused this
Agreement to be executed in its name and behalf by its duly authorized officer
as of the date first written above.
IMAGISTICS INTERNATIONAL INC.
By: /s/ Xxxx Xxxxx
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Xxxx Xxxxx, Vice President,
General Counsel and Secretary
EQUISERVE TRUST COMPANY, N.A.
By: /s/ Xxx Xxxxxxx
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Xxx Xxxxxxx, Senior Managing Director
