EXHIBIT 99.2
First Amendment to National Marketing and Distribution Agreement
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This Amendment is made this 25 day of June, 2001, by and between
Retractable Technologies, Inc. ("RTI") and Xxxxxx Laboratories ("Abbott").
RTI and Abbott have previously entered into a National Marketing and
Distribution Agreement dated May 4, 2000 (the "Agreement") and now have agreed
to amend the Agreement as follows:
1. Add Section 2.9 which shall read as follows:
"Trays. With respect to Products purchased by Abbott pursuant to this
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Agreement, RTI hereby grants Abbott the right to place such Products in
spinal and epidural anesthesia trays manufactured and/or marketed by
Abbott. The right to place Products in anesthesia trays for marketing and
distribution in the Hospital Market shall be exclusive to Abbott."
2. Except as amended hereby, the terms of the Agreement shall remain in
full force and effect as originally stated.
The parties intending to be bound by this Amendment have caused this
Amendment to be signed by their duly authorized representatives on the date
first written above.
XXXXXX LABORATORIES RETRACTABLE TECHNOLOGIES, INC.
By: /s/ Xxxxxx Xxxxxxxxx By: /s/ Xxxxxx X. Xxxx
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Title: General Manager Title: CEO
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