Tellurian, Inc. 15 Industrial Avenue Upper Saddle River, NJ 07458 Voyager Graphics October 28, 1996 #2 Tze Chiang 3rd Road Chungli Industrial Park Chungli, Taoyuan, Taiwan Republic of China Att: Dr. K. Yang, President Gentlemen: Pursuant to Section...Tellurian Inc /Nj/ • October 30th, 1996 • Computer & office equipment
Pursuant to Section 2.5 of the Technology Transfer Agreement dated January 1, 1996 between Voyager Graphics Inc. and Tellurian, Inc., Tellurian is entitled to receive a project fee of $1,500,000 pursuant to a payment schedule as provided therein. As you are aware, Tellurian has entered into separate agreements to pay $500,000 to Voyager Simulation Company, Ltd. and $150,000 to TTY Graphics Inc. This letter shall serve to confirm our agreement for you to make payments on our behalf directly to Voyager Simulation Company Ltd. and TTY Graphics Inc. up to the maximum amounts stated above so that the net project fee to be ultimately paid to Tellurian will be $850,000.
LETTERHEAD OF TELLURIAN] The purpose of this document is to set forth in writing an agreement reached between Tullurian and Fightertown. 1. Fightertown and Tellurian agree to maintain the 1994 purchase order for EAGLE image generators as is. 2....Tellurian Inc /Nj/ • October 30th, 1996 • Computer & office equipment
