Amendment No. 8 to Authorized Technology Partner Program Agreement between Electro Rent Corporation and Keysight Technologies, Inc.
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Summary
This amendment, effective March 30, 2015, updates the existing Authorized Technology Partner Program Agreement between Electro Rent Corporation and Keysight Technologies, Inc. It modifies terms related to reseller eligibility for certain incentives, including conditions for receiving and adjusting these incentives based on order activity. All other terms of the original agreement remain unchanged. The amendment is signed by authorized representatives of both companies.
EX-10.2 3 elrcex102_22815.htm EXHIBIT 10.2 ELRC EX. 10.2_2.28.15 


*** Confidential treatment has been requested with respect to certain portions of this Agreement. Omitted portions have been filed separately with the Securities and Exchange Commission.
KEYSIGHT AGREEMENT AMENDMENT | ANT76 |
EXHIBIT 10.2
Amendment #8 to Authorized Technology Partner
Program Agreement No. ANT76
by and between Electro Rent Corporation ("Electro Rent")
and Keysight Technologies, Inc. ("Keysight")
This Amendment to the above referenced Program Agreement (“Agreement”) is executed by and between Keysight Technologies, Inc. (“Keysight”) and Electro Rent Corporation (“Electro Rent”) effective the 1st day of June 2014 (the “Effective Date”).
The following modifications are hereby made to the Program Agreement:
1. Reseller may be eligible for an [***] in the amount of [***] if Reseller’s total [***] equals or exceeds [***]. The March [***] for all eligible Products, excluding [***]. The [***] will be provided [***]. Keysight will [***] on or before May 1, 2015. The [***] will be available for [***].
2. If Resellers receives a [***] but subsequently cancels an order(s) placed in [***] time frame and such cancellation would result in either no [***], Keysight may adjust such the [***].
ALL OTHER TERMS AND CONDITIONS OF THE REFERENCED AGREEMENT REMAIN UNCHANGED AND ARE IN FULL FORCE AND EFFECT.
EFFECTIVE DATE: March 30, 2015
AGREED TO: | AGREED TO: | |||
Customer: | Electro Rent Corporation | Keysight: | Keysight Technologies, Inc. | |
/s/ Meryl Evans | /s/ Jennifer Baker | |||
Authorized Representative Signature | Authorized Representative Signature | |||
Name: | Meryl Evans | Name: | Jennifer Baker | |
Title: | VP | Title: | Contracts Specialist | |
Address: | 6060 Sepulveda Bl | Address: | 9780 South Meridian Blvd. | |
Van Nuys, CA 91411 | Englewood, CO 80112 |
[***] - Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
E08 | Page 1/2 | |
Revision Date 01-August-2014 | Revision Number 1 | |
Printing Date 1 April 2015 |

*** Confidential treatment has been requested with respect to certain portions of this Agreement. Omitted portions have been filed separately with the Securities and Exchange Commission.
KEYSIGHT AGREEMENT AMENDMENT | ANT76 |
[***] - Confidential portions of this document denoted by [***] have been redacted and filed separately with the Securities and Exchange Commission.
E08 | Page 2/2 | |
Revision Date 01-August-2014 | Revision Number 1 | |
Printing Date 1 April 2015 |