QuickLinks -- Click here to rapidly navigate through this document
QuickLinks -- Click here to rapidly navigate through this document
6 January 2005 |
Neoteric
Cosmetics, Inc.
Attention: Xxxx X. Xxxxxxxxx, President
0000 Xxxxxx Xx.
Xxxxxx, XX 00000
Ladies and Gentlemen:
This letter agreement concerns the Sales Distribution Rights Agreement (the "Agreement") dated as of December 1, 2000 between you and us. We and you wish to waive mutually the provision in clause 8 dealing with the minimum net sales in calendar year 2004. Accordingly, we and you agree that the following phrase in clause 8(1)(v) of the Agreement is hereby deleted and that there is no replacement minimum sales level for the calendar year 2004: "calendar year four (2004) to be 17 million USD." In all other respects, the Agreement remains in full force and effect.
Very truly yours, | ||||||||
MONTAGNE JEUNESSE, a trading division of Medical Express (UK) Ltd. |
||||||||
By: |
/s/ XXXXX STEVENDALE |
|||||||
Name: | Xxxxx Stevendale | |||||||
Title: | Director of Sales & Marketing | |||||||
Date: |
January 27, 2005 |
|||||||
AGREED: |
||||||||
NEOTERIC COSMETICS, INC. |
||||||||
By: |
/s/ XXXX X. XXXXXXXXX |
|||||||
Name: | Xxxx X. Xxxxxxxxx | |||||||
Title: | President | |||||||
Date: | January 27, 2005 |