EX-10.3
from 10-Q
8 pages
Amendment #3 to the Authorized Distributor Market Price Agreement Dated as of July 1st, 1993 by and Between: Future Electronics Inc. (“ Future ”) -And- Sipex, Corporation (“ Sipex ”) Whereas Sipex and Future Have Entered Into an Authorized Distributor Market Price Agreement Dated as of the 1st Day of July 1993 (The “Agreement”); Whereas the Agreement Was Amended by an Amendment Dated as of the 1st Day of October 2002 (The “First Amendment”), Whereby Future Was Designated as Sipex’s Exclusive Distributor for North America and Europe for the Term Set Forth Therein; Whereas the Agreement Was Subsequently Amended Through Addendum “A”, Executed by Future on February 7, 2003, and by Sipex on February 12, 2003 (The “Second Amendment ”); Whereas Future and Sipex (Collectively, the “ Parties ” and Individually, Each a “Party”) Wish to Further Amend the Agreement, Through This Amendment #3 (This “Amendment’’) as Set Forth Hereafter; Whereas Sipex Believes That Division of Customer Accounts Between Sipex and Future as Set Forth Herein Will Maximize the Total Output of the Products (As Defined in the Agreement) and Enhance Interbrand Competition by Sipex; Now Therefore, in Consideration of the Respective Covenants Contained Herein, the Parties Agree as Follows
12/34/56