AMENDMENT #7 TO THE
AUTHORIZED DISTRIBUTOR MARKET PRICE
AGREEMENT DATED AS OF JULY 1 ST , 1993, BY AND
BETWEEN:
FUTURE ELECTRONICS INC. (“ Future ”)
-and-
SIPEX CORPORATION (“ Sipex ”)
WHEREAS Sipex and Future have entered into an Authorized
Distributor Market Price Agreement dated as of the 1 st
day of July 1993 (the “ Agreement ”);
WHEREAS the Agreement was first amended by an amendment dated as
of the 1 st day of October 2002 (the “
First Amendment ”), whereby the Term of the Agreement
was extended and Future was designated as Sipex’s exclusive
distributor for North America and Europe for the term set forth
therein;
WHEREAS the Agreement was subsequently amended through Addendum
“A”, executed by Future on February 7, 2003, and by
Sipex on February 12, 2003 (the “ Second
Amendment ”);
WHEREAS the Agreement was subsequently amended through Addendum
“B”, executed by Future on August 26, 2003, and by
Sipex on August 29, 2003 (the “ Third Amendment
”);
WHEREAS the Agreement was subsequently amended on
September 15, 2003, through Amendment #3 to the Agreement,
(the “ Forth Amendment ”);
WHEREAS the Agreement was subsequently amended on April 25,
2006, through Amendmen