Addendum 4 to Xcelerate Partner Agreement between Network Specialists, Inc. and Sunbelt Software International

Contract Categories: Business Operations › Distribution Agreements
Summary

This addendum modifies the existing Xcelerate Partner Agreement between Network Specialists, Inc. (NSI) and Sunbelt Software International (the Distributor). It specifies that NSI will pay the Distributor a fee for providing technical support to customers who purchase Double-Take software during the initial license year. The fee is paid quarterly after NSI receives a sales report and payment. The fee does not count toward marketing rebates or development funds. Certain confidential details have been omitted.

Read More Arrow
EX-10.36 31 w23440a1exv10w36.htm EX-10.36 exv10w36  

Exhibit 10.36
Addendum 4
This Addendum 4 becomes part of the Xcelerate Partner Agreement (the “Agreement”) dated July 30, 2001, between NSI and Sunbelt Software International (“DISTRIBUTOR”).
Whereas, NSI and DISTRIBUTOR wish to modify certain provisions regarding the marketing rebate, the Xcelerate Partner Agreement shall be modified as follows:
The following language should be added to the end of Schedule B:
  10.   In consideration for DISTRIBUTOR providing, during the initial license year, technical support for customers who have purchased Double-Take through *, NSI agrees to pay DISTRIBUTOR *. Such fee shall not be added to the Aggregate Dollar Value as suhch these monies shall not qualify for Marketing Development Funds or a Marketing Rebate. Payment by NSI will be made quarterly after NSI has received a Sales report and full payment from * for such sales.
                 
Network Specialists, Inc.       DISTRIBUTOR: Sunbelt International
 
                
Date: 5-31-02       Date: May 31st, 2001
 
                
Signature:
  /s/ Scott Meyers       Signature:  /s/ Jo Murciano
 
               
 
                
Print Name: Scott Meyers       Print Name: Jo Murciano
 
                
Title: COO       Title: CEO
 
                
Fax Number: (201)  ###-###-####       Fax Number:  
 
               
 
*   Denotes confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933.

1