As referenced in this Agreement of Termination of Distributor Agreement:
CYBEX INTERNATIONAL, INC – 10.15
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{FILENAME}0003.txt
{DESCRIPTION}AGREEMENT OF TERMINATION OF DISTRIBUTOR AGREEMENT
{TEXT}
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EXHIBIT 10 (XV)
AGREEMENT OF TERMINATION
OF
DISTRIBUTOR AGREEMENT
AGREEMENT, dated February , 2001 between CYBEX INTERNATIONAL, INC ., a New
York corporation (hereinafter referred to as "CYBEX"); FORZA FITNESS EQUIPMENT
LIMITED, a company registered in England and Wales (Company No. 2836238) ("FORZA
FITNESS"), and FORZA FITNESS GmbH,
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CYBEX INTERNATIONAL, INC – Forza consents to the press release excerpt
attached hereto as Schedule 6.
IN WITNESS WHEREOF, the parties hereto have executed this agreement on the
day and year first above written.
CYBEX INTERNATIONAL, INC .
By:
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FORZA FITNESS EQUIPMENT LIMITED
By:
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FORZA FITNESS GMBH
By:
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FITNESS HOLDINGS EUROPE LIMITED
By:
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The undersigned has executed this agreement solely to evidence
his agreement to be
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Cybex International,
Inc – STANDARD TERMS AND CONDITIONS OF CYBEX
1. SELLER'S TERMS TO GOVERN: This document, whether designated as a quote,
offer, or sales acknowledgment, is an offer to sell made by Cybex International,
Inc . ("Cybex" or "Seller"). Acceptance is expressly limited to the terms of
Cybex' contract, and in the event that Buyer's acceptance or other response
hereto states terms additional to
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Cybex, International, Inc – Seller the
warranty registration card. Contact the Cybex Customer Service Department with
questions regarding your warranty by mail or telephone for instructions or a
Return Authorization Number as provided below.
Cybex, International, Inc ., Attn: Customer Service Department
10 Trotter Drive
Medway, MA 02053
Tel: 1-888-GO-CYBEX, 508-533-4300
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SCHEDULE 5
GUARANTOR AND AFFILIATES
U.S. NATIONAL ACCOUNT
PRICE
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Cybex International, Inc – 25
4. 700R-CT Recumbent Bike (Cardio Touch) $1592.25
5. 800S-CT Stepper (Cardio Touch) $1661.40
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SCHEDULE 6
CYBEX PRESS RELEASE
APPROVED TEXT OF JOINT PRESS RELEASE
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Cybex International, Inc . (CYB:AMEX), of Medway, Mass., announced today the
formation of a new subsidiary, Cybex International UK Ltd. Effective May 1,
2001, Cybex International UK Ltd. will directly market and
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dt 1823375