0000912057-97-006389 Sample Contracts

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Please indicate your agreement with the terms of this letter by signing in the space provided below. VERY TRULY YOURS, LEASING TECHNOLOGIES INTERNATIONAL, INC. F. Jared Sprole President Agreed: HELPMATE ROBOTICS INC. By Asst Treas...
Helpmate Robotics Inc • February 21st, 1997 • Misc industrial & commercial machinery & equipment

This letter confirms our understanding that, notwithstanding any provision in the Master Lease or the Purchase Agreement to the contrary, HelpMate shall have forty-five days to provide such documents and to complete such action as may be necessary to comply with state and local tax law insofar as such laws apply to the transactions contemplated by the Purchase Agreement and by the Master Lease. Such action will include, but not be limited to, the items set forth in a memorandum prepared by LTI, a copy of which is annexed to this letter as Exhibit A. Notwithstanding the provisions of Section 7 of the Purchase Agreement, if LTI has not received such documentation as it deems reasonably necessary to comply with the provisions of this paragraph within said forty-five day period, LTI may, upon notice to HelpMate, retain from the Retained Amount, funds sufficient to satisfy the tax obligations with respect to the transactions contemplated by the Purchase Agreement and the Master Lease, and m

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