2010 Annual Minimum Purchase Waiver Agreement between Futura Services, Inc. and InfoLogix, Inc.
Futura Services, Inc. and InfoLogix, Inc. have agreed that Futura will waive the requirement for InfoLogix to meet the annual minimum purchase obligation for the year 2010, as set out in their Master Services Agreement. This waiver applies only to the 2010 calendar year and does not affect any other terms of the agreement or future annual minimum purchase requirements. All other rights and obligations under the original agreement remain unchanged.
Exhibit 10.2
InfoLogix, Inc.
101 East County Line Road
Hatboro, PA 19040
Re: Waiver of 2010 Annual Minimum Purchase
Ladies and Gentlemen:
Reference is made to that certain Master Services Agreement, by and between InfoLogix, Inc. and Futura Services, Inc. (“Futura”), dated as of March 2, 2009, as amended by that certain Amendment to Master Services Agreement, dated effective as of July 22, 2010 (the “MSA”).
Futura hereby waives the Annual Minimum Purchase requirement under Section 1.3 of the MSA for the calendar year 2010. For the avoidance of doubt, the foregoing shall not constitute a waiver of any other provision of the MSA or the Annual Minimum Purchase requirement for any year other than the calendar year 2010 and Futura hereby reserves and preserves all of its other rights and remedies under the MSA, other than the rights expressly waived above.
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| Very truly yours, |
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| FUTURA SERVICES, INC. |
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| By: /s/ Janet E. DeNicola |
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| Name: Janet E. DeNicola |
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| Title: President |
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| ACKNOWLEDGED AND AGREED: |
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| INFOLOGIX, INC. |
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| By: /s/ Eric N. Rubino |
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| Name: Eric N. Rubino |
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| Title: Chief Operating Officer |
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| Date: November 4, 2010 |
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