EXHIBIT 10.13
June 2, 1998
AltiGen Communications, Inc.
00000 Xxxxxxxxx Xxxx Xxxx
Xxxxxxx, Xxxxxxxxxx 00000
Subject: SERVICES AGREEMENT BETWEEN SUMITRONICS, INC. AND ALTIGEN
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COMMUNICATIONS, INC.
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This is to confirm a mutual agreement, made between Sumitronics, Inc, 0000
Xxxxxxx Xxxxx Xxxxx, Xxxxx Xxxxx, Xxxxxxxxxx 00000 ("STX") and AltiGen
Communications, Inc., 00000 Xxxxxxxxx Xxxx Xxxx, Xxxxxxx, Xxxxxxxxxx 00000
("AltiGen"), with regard to services to be rendered by STX (such services are
specified in Paragraph 1.), and remuneration (specified in Paragraph 2.),
therefore to be paid by AltiGen. The basis of this agreement is the introduction
of Nitsuko Corporation, 0-0-0 Xxxxxxxxxx, Xxxxxxx-xx, Xxxxxxxx, 000 Xxxxx
("Nitsuko") by STX, to AltiGen.
1. Description of Services ("Services")
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STX, hereby agrees that it shall dutifully, faithfully, diligently and to the
best of its ability, render the following strategic business development
services:
a. To coordinate, facilitate and establish a Memorandum of Understanding ("MOU")
between Nitsuko and AltiGen.
b. In followance to the establishment of finalized MOU, to coordinate,
facilitate and establish Joint Development and Original Equipment Manufacturer
("OEM") Agreements ("Agreements") between Nitsuko and AltiGen.
c. To render such other services relating to the MOU and Agreements, as may be
agreed upon by and between AltiGen and STX.
2. Remuneration
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AltiGen shall pay STX for the Services described in Paragraph 1., and in
acknowledgement of STX's introduction to Nitsuko, as follows:
US$57,000
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To be paid in full upon the signing of the Joint Development
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Agreement and receipt of initial 50% development payment
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From Nitsuko to AltiGen.
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SERVICES AGREEMENT BETWEEN STX AND ALTIGEN: Page Two
AGREED AND ACCEPTED BY:
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FOR: AltiGen Communications, Inc. FOR: Sumitronics, Inc.
By: /s/ Xxxxxxx Xx By: /s/ Xxxxxxxx Xxxxxx
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Xxxxxxx Xx, President & CEO Xxxxxxxx Xxxxxx, President & CEO
Date: 6/2/98 Date: 6/2/98
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Exhibit 10.13
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Subject: Commission Agreement between AltiGen
Communications, Inc. and Sumitronics Inc.
This is to confirm a mutual agreement, made between AltiGen Communications,
Inc., 00000 Xxxxxxx Xxxx., Xxxxxxx, Xxxxxxxxxx ("AltiGen") and Sumitronics Inc.,
0000 Xxxxxxx Xxxxx Xxxxx, Xxxxx Xxxxx, Xxxxxxxxxx ("STX"), with regard to a
commission to be paid by AltiGen to STX based on products ordered and shipped by
STX on behalf of Nitsuko Corporation for the Primary Territory of Japan.
Commission will be paid for STX's assistance with the formation of the MOU,
Joint Development Agreement and OEM Agreement (outlined in the Services
Agreement) between AltiGen and Nitsuko, and for work related to the coordination
of product shipments from STX to Japan.
1. Commission Rate
a. Triton Board 3%
b. Quantum Board 5%
c. ISDN BRI Board (T/U) 5%
d. Commission on any enhancements or upgrades of the aforementioned
boards will remain at the respective set rate above.
e. Commission for any additional or new products will be subject to a 5%
commission.
2. The above commission rates will go into effect when the OEM product is
officially accepted by Nitsuko, and will apply until the total mount paid by
AltiGen to STX reaches US$250,000; this amount will include the US$57,000
commission already paid by AltiGen to STX under the Services Agreement.
3. AltiGen will consider the continuance of a commission to STX after the
US$250,000 cap has been reached. This topic will be re-addressed when total
commissions paid to STX by AltiGen reaches US$200,000.
Agreed and Accepted By:
For AltiGen Communications, Inc. For Sumitronics, Inc.
By: /s/ Xxxxxxx Xx By: /s/ Xxxxxxxx Xxx
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Xxxxxxx Xx Xxxxxxxx Xxx
President & CEO President & CEO
Date: 3.18.99 Date: 3-30-99
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