IBM CREDIT LLC LETTERHEAD]Infotech Usa Inc • April 30th, 2004 • Services-computer integrated systems design
Reference is hereby made to the following: (i) Agreement for Wholesale Financing executed on April 20, 1994, by Info Tech USA, Inc. (“Info Tech”) (as amended, supplemented or otherwise modified from time to time, the “Agreement”), (ii) e-mail addressed to you from Mr. Bruce Gordon dated August 28, 2003 whereby Mr. Bruce Gordon informed you that IBM Credit would no longer finance Info Tech’s product effective approximately 180 days from the date of a formal notice sent by IBM Credit to Info Tech, (iii) IBM Credit’s letter to Info Tech dated September 5, 2003 whereby IBM Credit formally notified Info Tech of the Termination Date (the “September 5th Letter”) and (iv) IBM Credit’s letter to Info Tech dated March 3, 2004 whereby IBM Credit extended the Termination Date to April 9, 2004, subject to certain conditions (the “March 3, 2004 Letter ”). All capitalized terms not otherwise defined in this letter, the September 5th Letter or the March 3, 2004 Letter shall have the respective meaning
