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EXHIBIT 10.14
[HealthTronics Letterhead]
FAX TRANSMISSION
TO: COMPANY: Servicetrends
ATTENTION: Xxxxxx XxXxxxx
FAX NUMBER: (000) 000-0000
FROM: Xxxx Xxxxxxx
DATE: June 26, 1998
SUBJECT: OssaTron Service Contracts
NO. OF PAGES INCLUDING THIS ONE: 1
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Dear Xxxxxx:
Per our conversation yesterday, HealthTronics does hereby authorize
Servicetrends to commence annual service contracts (labor only) for the
OssaTron devices in Miami, Atlanta and Chattanooga/Birmingham. Please be
advised that two contracts (for the Miami and Chattanooga/Birmingham units)
will have an effective date of June 1, 1998. The contract for the Atlanta unit
will commence on July 1, 1998.
As agreed, the cost of each service contract will be $20,000 per year for
unlimited service and courtesy calls. Should you have any questions regarding
this matter, please feel free to contract me at your convenience.
Kindest regards,
/s/ Xxxx Xxxxxxx
Xxxx Xxxxxxx
Executive Vice President
CC: Xxxxx
Xxx
Xxxxx
2
[HealthTronics]
July 16, 1998
Xx. Xxxxxx XxXxxxx
Servicetrends, Inc.
0000 Xxxxxxx Xxxx Xxxxx, XX
Xxxxx 000
Xxxxxxxx, XX 00000
Dear Xxxxxx:
Enclosed please find signed copies of OssaTron(R) Service Agreement 980088.
Please note that we have stricken one paragraph from the exhibit page and have
attached an addendum as well. Should you have any questions regarding these
changes, please feel free to contact me. Otherwise, I look forward to receiving
a fully executed copy of the service agreement at your earliest convenience.
Thank you.
Kindest regards,
/s/ Xxxx Xxxxxxx
------------------------
Xxxx Xxxxxxx
Executive Vice President
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[Service Trends Letterhead]
OSSATRON SERVICE AGREEMENT
CONTRACT NUMBER: 980088
CUSTOMER NAME AND ADDRESS: HealthTronics Inc.
000 Xxxxxxxx Xx. Ste. 000
Xxxxxxxx, XX 00000
CONTACT PERSON: Xx. Xxxxx Xxxxxxxx
CEO
DATE QUOTE WAS ISSUED: June 1, 1998
QUOTE IS FIRM UNTIL: September 1, 1998
SERVICE CHARGES: $20,000 / OssaTron Full Maintenance
Labor and Logistics / Per Machine
DESCRIPTION OF SERVICE: See Terms and Conditions and Exhibit A
for Details.
The period of this contract is for one year commencing on June 1, 1998.
Please select method of payment:
________ I would like to be billed in four (4) equal quarterly installments.
X I would like to be billed in twelve (12) equal monthly installments.
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Accepted by Service Company: Accepted by Customer:
/s/ /s/
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Signature Signature
C.E.O. 7/16/98 C.O.O. 7/20/98
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Title Date Title Date
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[LOGO]
[Service Trends Letterhead]
EXHIBIT A
Upon execution of this agreement, Servicetrends will provide the following
Services to HealthTronics Inc.:
OSSATRON FULL MAINTENANCE PROGRAM
LABOR AND LOGISTICS
PRICE: $20,000.00/PER MACHINE
A) UNLIMITED SERVICE CALLS (24 HOURS A DAY, 7 DAYS A WEEK) AND TWO (2)
PREVENTIVE MAINTENANCE INSPECTIONS PER YEAR:
Performed at a time convenient to the HealthTronics, including weekends or
evenings so as not to interfere with patient scheduling.
B) [PARAGRAPH STRICKEN]
C) LOGISTICS:
Servicetrends will handle all dispatch responsibilities and stock all spare
parts supplied by HealthTronics.
D) REPORTING:
Servicetrends agrees to provide timely reports with respect to inventory,
service call activity.
E) NO-RISK, 30-DAY GUARANTEE:
HealthTronics and/or Servicetrends may cancel Service Contract with thirty (30)
days written notice during the first quarter and ninety (90) days written
notice thereafter.
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[SERVICE TRENDS LETTERHEAD]
ADDENDUM TO
OSSATRON(R) SERVICE AGREEMENT 980088
OssaTron Service Agreement 980088 applies only to:
1. OSSATRON 014
SHARED BETWEEN THESE TWO FACILITIES:
Memorial Hospital HealthSouth Medical Center
0000 xxXxxxx Xxxxxx 0000 00xx Xxxxxx Xxxxx
Xxxxxxxxxxx, XX 00000-0000 Xxxxxxxxxx, XX 00000-5299
2. OSSATRON 013
HealthSouth Doctor's Hospital
0000 Xxxxxxxxxx Xxxxx
Xxxxx Xxxxxx, XX 00000-0000
The remaining OssaTron installations will be handled as follows:
OSSATRON 021 NOTES
Georgia Baptist Medical Center Contract commencement date is 8/1/98.
000 Xxxxxxx Xxxxx XX
Xxxxxxx, XX 00000
OSSATRON 012
Regional Lithotripter Services Xx xxxxxxxx
000 Xxxxx Xxxxxx, Xxxxx XX000
Xxxxxxxx, XX 00000
Accepted by Servicetrends Accepted by HealthTronics
/s/ /s/
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Signature Signature
C.O.O. 7/20/98 C.E.O. 7/16/98
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Title Date Title Date
