Addendum 4 to Xcelerate Partner Agreement between NSI and Sunbelt Software International

Summary

This addendum modifies the existing Xcelerate Partner Agreement between Network Specialists, Inc. (NSI) and Sunbelt Software International. It specifies that Sunbelt will provide technical support for customers who purchase Double-Take software through Stratus Technology or its resellers during the initial license year. In return, NSI will pay Sunbelt 10% of its current list price for these sales, with payments made quarterly after receiving sales reports and payments from Stratus. These payments do not count toward marketing rebates or development funds.

EX-10.36 7 w23440a6exv10w36.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 Stratus Technology or a Stratus Technology reseller, NSI agrees to pay DISTRIBUTOR 10% of the then current NSI list price. 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 Stratus 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:    

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