EX-10.(T) 6 0006.txt ADDENDUM TO AUGUST 8, 2000 LETTER AGREEMENT August 8, 2000 Board of Directors Relm Wireless Corporation 7505 Technology Drive West Melbourne FL 32904 Attention: Mr. Donald F. U. Goebert Chairman of the Board Re: Addendum to August 8, 2000 Letter Agreement Gentlemen: This letter ("Addendum") supplements our letter agreement between Relm Wireless Corporation. ("Relm" or the "Company") and Janney Montgomery Scott LLC ("JMS") dated August 8, 2000 ("Agreement"). Capitalized terms that are used but not defined in the Addendum shall have the meanings ascribed in the Agreement. Within an 18-month period from the date of the Agreement, should any company, individual(s) or other entity ("Investor(s)") invest in, or enter into a letter of intent or other contractual relationship to invest in, the Company, JMS shall be paid a cash fee ("Investment Fee") by Relm at the closing as described below. If the investment(s) are made in one or more installments, the said JMS cash fee shall be paid within thirty (30) days after each such investment in the same proportion which the investment bears to the total investment.
Security Purchased Investment Fee ------------------ -------------- (a) Common stock, convertible preferred, convertible debentures or debt with warrants 5% of investment (b) Non-convertible debt or non-convertible preferred stock 2% of investment (c) All other Mutual agreement
Relm Wireless Corporation Page 2 The provisions of the Agreement are reaffirmed in their entirety, except as expressly modified by this Addendum. If the foregoing accurately states our mutual understanding, please sign the enclosed copy of the Addendum and return it to JMS. Sincerely yours, JANNEY MONTGOMERY SCOTT LLC By: /s/ William J. Barrett ---------------------------- William J. Barrett Senior Vice President Accepted and Agreed to: RELM WIRELESS CORPORATION By: /s/ Donald F. U. Goebert ----------------------------- Donald F. U. Goebert Chairman of the Board