Software License Agreement [Modification] - Pixel Translations and Kofax Image Products Inc.
MODIFICATION TO SOFTWARE LICENSE AGREEMENT
THIS AGREEMENT is entered into effective as of June 1, 1998 by and between Pixel
Translations, a division of Cornerstone Imaging, Inc., a Delaware corporation
("Pixel") and Kofax Image Products, a California corporation ("Kofax") to
modify the Software License Agreement between the parties dated June 1, 1993 as
previously amended on July 1, 1995 and June 1, 1996 as follows:
Section 9.1 is amended for the purpose of extending the term of the agreement
to read as follows:
9.1 Term. The term of this Agreement shall commence on the effective date set
forth above and shall continue for a period of one year from that date (the
"Initial Term"). Unless Kofax or Pixel gives written notice that it elects not
to renew the Agreement at least thirty (30) days prior to the end of the
Initial Term, the Agreement shall automatically renew for an additional one
year term (a "Subsequent Term"). Similarly, unless Kofax or Pixel gives written
notice that it elects not to renew the Agreement at least thirty (30) days
prior to the end of a Subsequent Term, the Agreement shall automatically renew
for an additional one year Subsequent Term; provided, however, that the
Agreement shall not be automatically renewed under any circumstances for more
than a total of six Subsequent Terms.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement in their
respective names and by their duly authorized officers.
Pixel Translations
1710 Fortune Drive, Suite 200
San Jose, CA 95131
USA
By: /s/ [SIG]
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Title: Vice President
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Kofax Image Products
3 Jenner Street
Irvine, CA 92718
USA
By: /s/ [SIG]
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Title: Manager, Product Marketing
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