EXHIBIT 4.4
EXHIBIT 4.4
SENTRY TECHNOLOGY CORPORATION
000 Xxxxxxxx Xxxx.
Xxxxxxxxx, XX 00000
April 27, 2000
Restoration Management Company, XXX00
Xxxxxx Xxxxx Xxxxx 0X
Xxx Xxxx, XX 00000
Gentlemen:
Reference is made to the Agreement between Restoration
Management Company, LLC (“Restoration”) and Sentry Technology
Corporation (the “Company”) dated October 15, 1999, as amended (the
“Agreement”).
As of the date hereof, Restoration shall continue to be engaged
by the Company on a month-to-month basis.
Paragraph (i) of Section 5 is hereby amended and restated to read in its
entirety as follows:
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| "5. COMPENSATION. As compensation for the services rendered by Restoration
hereunder, the Company shall pay Restoration as follows:
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| (i) A retainer of $40,000, payable upon the signing of this Agreement
(the “Retainer”). This retainer shall remain outstanding during the term of
the Engagement. At such time as Restoration’s engagement is completed or
terminated, Restoration shall return to the Company any unearned portion of the
Retainer.”
Except as hereby amended, the Agreement, as previously amended,
shall continue in full force and effect.
Very truly yours,
SENTRY TECHNOLOGY CORPORATION
________________________________
By: Wm. X. Xxxxxxxx
Chairman of the Board
Accepted and agreed as of the date set forth above:
RESTORATION MANAGEMENT COMPANY, LLC
________________________________
By: Xxxxxxx X.X. Xxxxxxxxxx
Managing Director
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