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TRANSACT TECHNOLOGIES INCORPORATED
EXHIBIT 10.29
May 31, 1996
Xx. Xxxx Xxxxxxxx
Ithaca Peripherals Incorporated
0 Xxxxx Xxxx
Xxxxxxxxxxx, XX 00000
Re: OEM Agreement
Dear Bart:
The purpose of this letter is to renew our OEM Agreement for another two (2)
year pricing term which will begin August 28, 1995 and expire August 28, 1997,
with deliveries to be completed by February 28, 1998, and to replace Exhibit A
with the new Exhibit A as attached. The terms and conditions of this new
Agreement will be as stated in the OEM Agreement which we entered in January 21,
1991 and all subsequent agreed upon amendments made thereto.
This Agreement will be subject to the provisions of a Strategic Agreement dated
May 9, 1996, between the Parties. Accordingly, the term of this Agreement will
be five (5) years, coincident with the Strategic Agreement.
If you agree to this renewal contract, please indicate your acceptance by
signing both originals in the space provided. Retain one duplicate original for
your records and return the other to my attention.
Certainly we appreciate our long standing business relationship as we look
forward to continued success in the future.
Sincerely, Ithaca Peripherals Incorporated
/s/ Xxxx X. Xxxxxxxx
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(Signature)
/s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx Xxxx X. Xxxxxxxx
Manager, Legal Affairs -------------------------------
(Name)
Enclosure May 31, 1996
c: X. Xxxxxxx -------------------------------
X. Xxxxxx (Date)
X. Xxxxxx