KEYSIGHT AGREEMENT AMENDMENT ANT76

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 1^st 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