Exhibit 10.6
December 7, 2005
Moving Images, LLC
c/o Xxxxx Xxxxxx
000 Xxxxxxxxxx Xxxx
Xxxxx Xxxxxxxxx, Xxx Xxxxxx 00000
Gentlemen:
Reference is made to your Consulting Agreement effective as of December 1,
2004 as amended by letter dated April 1st, 2005 ("April 1, 2005 letter").
Notwithstanding anything contained in your agreement to the contrary, you
acknowledge and agree that, you are waiving the consulting fee payment for the
month of December 2005. Such waiver shall be immediately revoked and the
December 2005 consulting fee paid should the pre-tax profits for TLX or EBITDA
equal or exceed the respective standards set forth in the April 1, 2005 letter.
All other terms and conditions of the Consulting Agreement remain in full force
and effect. Please acknowledge below your acceptance of this letter.
Trans-Lux Corporation
By: /s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxxx,
Executive Vice President
Accepted and Agreed:
MOVING IMAGES, LLC
By: /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx, Manager
Approved:
/s/ Xxxxxxx Xxxxxx
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Xxxxxxx Xxxxxx