EXHIBIT 10.12 Dated as of March 29, 2002 To: Congress Financial Corporation (Southwest) ("Lender") Re: Inducement Letter Gentlemen: Each of the undersigned, Priority Fulfillment Services, Inc., a Delaware corporation ("PFS"), and PFSweb, Inc., a...Inducement Letter • May 15th, 2002 • Pfsweb Inc • Services-business services, nec • Texas
