AMENDMENT TO PLAN OF REORGANIZATION THIS AMENDMENT (the "Amendment) is entered into by and among Tridex Corporation, a Connecticut corporation with executive offices at 61 Wilton Road, Westport, CT 06880 ("Tridex"), Magnetec Corporation, a Connecticut...

                       AMENDMENT TO PLAN OF REORGANIZATION

     THIS AMENDMENT (the "Amendment) is entered into by and among Tridex
Corporation, a Connecticut corporation with executive offices at 00 Xxxxxx Xxxx,
Xxxxxxxx, XX 00000 ("Tridex"), Magnetec Corporation, a Connecticut corporation
("Magnetec") and TransAct Technologies Incorporated, a Delaware corporation
("TransAct") each with executive offices at 0 Xxxxx Xxxx, Xxxxxxxxxxx, XX 00000;

     WHEREAS, the parties hereto and Ithaca Peripherals Incorporated ("Ithaca"),
formerly a Delaware corporation, entered into a Plan of Reorganization dated as
of June 25, 1996 (the "Plan of Reorganization");

     WHEREAS, as contemplated under the Plan of Reorganization, Ithaca merged
with and into Magnetec on July 29, 1996;

     WHEREAS, the parties hereto wish to amend Section 6.1 of the Plan of
Reorganization, which contains a non-competition covenant.

     NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereby agree with as
follows:

     The last sentence of Section 6.1 of the Plan of Reorganization is hereby
deleted in its entirety and replaced with the following:

The foregoing shall not prohibit Tridex from: (i) holding five percent (5%) or
less of the outstanding equity securities of any corporation whose equity
securities are regularly traded on any national stock exchange or recognized
"over-the-counter" market; or (ii) manufacturing custom keyboards and pole
displays and selling point-of-sale systems and components, including printers or
printer goods, through its wholly-owned subsidiary, Ultimate Technology
Corporation.




     IN WITNESS WHEREOF, the parties have executed this Amendment this 30th day
of August, 1996.

                                       TRIDEX CORPORATION



                                       By: /s/ Xxxx X. Xxxxxx
                                           -------------------------------------
                                       Title: Xxxx X. Xxxxxx, Chairman and Chief
                                              Executive Officer

                                       MAGNETEC CORPORATION



                                       By: /s/ Xxxx X. Xxxxxxxx
                                           -------------------------------------
                                       Title: Xxxx X. Xxxxxxxx
                                              President

                                       TRANSACT TECHNOLOGIES INCORPORATED



                                       By: /s/ Xxxx X. Xxxxxxxx
                                           -------------------------------------
                                       Title: Xxxx X. Xxxxxxxx
                                              President and Chief
                                              Executive Officer