EXHIBIT 10.10
THE CONFIDENTIAL PORTIONS OF THIS EXHIBIT, WHICH HAVE BEEN
REMOVED AND REPLACED WITH AN ASTERISK, HAVE BEEN OMITTED AND
FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION
PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT UNDER RULE
406 PROMULGATED UNDER THE SECURITIES ACT OF 1933 AND RULE
24b-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934.
1st AMENDMENT TO BATTERY SUPPLY AGREEMENT
BETWEEN XXXXXX XXXXXXXXXX LTD.
AND CARDIAC PACEMAKERS, INC.
This 1st Amendment (the "Amendment") to the Battery Supply Agreement between
Xxxxxx Xxxxxxxxxx Ltd. (WGL), a New York corporation ("Seller" or "WGL"), and
Cardiac Pacemakers, Inc. d/b/a "Guidant," a Minnesota corporation ("Buyer" or
"CPI"), Seller and Buyer are collectively referred to herein as the "Parties."
This Amendment is entered into effective as of August 16, 2004 (the "Effective
Date").
BACKGROUND
A. The parties entered into a Battery Supply Agreement (the
"Agreement") effective April 10, 2003.
B. The Parties to the Agreement desire to revise paragraph V C.
Frontier Cell Pricing in the Agreement.
AGREEMENT
The Parties hereby agree as follows:
1. As of the Effective Date, the Agreement is hereby amended to
incorporate the new scheduled pricing for Frontier Cell Pricing
Schedule (QHR) as set forth below:
Units/Year QHR Price
---------- ---------
* $ *
* $ *
* $ *
* $ *
I. Frontier "Units per year" is determined by battery model on
a calendar basis.
II. Pricing applies to current technology (QHR).
III. Price premiums based upon shape and/or terminal modification
complexity apply.
2. Except as provided herein, the Agreement shall remain unchanged
and is in full force and effect.
The parties have caused this Amendment to be executed by their respective duly
authorized representatives as of the Effective Date.
BUYER: SELLER:
CARDIAC PACEMAKERS, INC. XXXXXX XXXXXXXXXX LTD.
By: ____________________________ By: ____________________________
Title: ____________________________ Title: ____________________________
Date: ____________________________ Date: ____________________________