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TRANSACT TECHNOLOGIES INCORPORATED
EXHIBIT 10.29
May 31, 1996
Mr. Bart Shuldman
Ithaca Peripherals Incorporated
7 Laser Lane
Wallingford, CT 06492
Re: OEM Agreement
Dear Bart:
The purpose of this letter is to renew our OEM Agreement for another two (2)
year pricing term which will begin August 28, 1995 and expire August 28, 1997,
with deliveries to be completed by February 28, 1998, and to replace Exhibit A
with the new Exhibit A as attached. The terms and conditions of this new
Agreement will be as stated in the OEM Agreement which we entered in January 21,
1991 and all subsequent agreed upon amendments made thereto.
This Agreement will be subject to the provisions of a Strategic Agreement dated
May 9, 1996, between the Parties. Accordingly, the term of this Agreement will
be five (5) years, coincident with the Strategic Agreement.
If you agree to this renewal contract, please indicate your acceptance by
signing both originals in the space provided. Retain one duplicate original for
your records and return the other to my attention.
Certainly we appreciate our long standing business relationship as we look
forward to continued success in the future.
Sincerely, Ithaca Peripherals Incorporated
/s/ Bart C. Shuldman
-------------------------------
(Signature)
/s/ David L. Vaughn
- -------------------------------
David L. Vaughn Bart C. Shuldman
Manager, Legal Affairs -------------------------------
(Name)
Enclosure May 31, 1996
c: T. Donahue -------------------------------
E. Morris (Date)
J. Rowley
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EXHIBIT A
Specification Order Quantity ITHACA Price
Product Number Mult
- ----------------------------------------------------------------------------------
ITHACA ML 172 Parks Kit, 58221401 500 * *
IBM Parallel 120 VAC.
ITHACA ML 172 Parts Kit, 58221402 500 * *
IBM Parallel, 220 VAC.
ITHACA ML 172 Parts Kit, 58221501 500 * *
IBM RS-232C Serial, 120
VAC.
ITHACA ML 172 Parts Kit, 58221502 500 * *
IBM RS-232C Serial, 220
VAC.
ITHACA ML 184T Parts Kit, 58236101 500 * *
IBM Parallel, 120 VAC.
ITHACA ML 184T Parts Kit, 58236102 500 * *
IBM Parallel, 220 VAC.
ITHACA M90 Kit 58238101 500 * *
* *
* *
* *
* CONFIDENTIAL TREATMENT REQUESTED
* Specified Quantity
Other pricing is provided for retroactive pricing as necessary
NOTE: The Product contained in this Exhibit "A" Agreement is NOT covered by an
OKIDATA warranty and does not include a ribbon cassette, AC line cord or
carriage shaft.
jb 4/25/96