Brian Usher-Jones as Sellers’ Representative Toronto, Ontario M4N 1G5Settlement Letter Agreement • November 5th, 2004 • Drugstore Com Inc • Retail-drug stores and proprietary stores
Further to various correspondence and discussions between the parties, this letter (the “Settlement Letter Agreement”) is delivered in connection with the Stock Purchase Agreement dated as of November 2, 2003, as amended December 8, 2003, by and among drugstore.com, inc. (“drugstore.com”), International Vision Direct Corp. (“IVD”) and Sellers (as defined therein) (the “Stock Purchase Agreement”), and otherwise in connection with the Escrow Agreement dated as of December 8, 2003, by and among drugstore.com, U.S. National Bank Association, Sellers, and Sellers’ Representative (the “Escrow Agreement”, and together with the Stock Purchase Agreement and all other documents executed or delivered in accordance therewith, the “Transaction Documents”). Capitalized terms not defined herein shall have the meanings given those terms in the Stock Purchase Agreement.
