EX-1
from 10-K
1 page
Victorinox Schmiedgasse 57 Ch-6438 Ibach-Schwyz, Switzerland Tel. (...41) (0) 41 818 12 70 Fax. (...41) (0) 41 818 15 70 Swiss Army Brands Inc. Attn: Mr. J. Merrick Taggart P.O. Box 874 One Research Drive Shelton, Ct 06484-6226 USA U/Ref. Cj/ML 6438 Ibach, 27 September 1996 Dear Rick: We Hereby Mutually Agree to Reduce the Minimum Purchase Requirement for 1997 for Saok to 65% of the Highest Year's Purchase Amount. if This Meets With Your Approval, Please Sign Where Indicated. Kind Regards, Victorinox Accepted and Agreed: /S/ Charles Elsener, Sr. /S/ J. Merrick Taggart Charles Elsener, Sr. J. Merrick Taggart Note: This Does Not Include Direct Cyrk Orders Nor Does It Include Multi-Tool Orders
12/34/56