Exhibit 10.1

 

AMENDMENT NO. 1 TO MARKETING REPRESENTATION AGREEMENT

 

This Amendment No. 1 to Marketing Representation Agreement (the “Amendment
No. 1”) is made this 12th day of October, 2005, by and among (i) Novoste
Corporation, a Florida corporation with its principal place of business at 4350
International Boulevard, Norcross, Georgia 30093 (“Novoste”), (ii) Best
Vascular, Inc., a Delaware corporation with its principal place of business at
7643 Fullerton Road, Springfield, Virginia 22153 (“Representative”), and
(iii) Best Medical International, Inc., a Virginia corporation which is an
affiliate of Representative, with its principal place of business at 7643
Fullerton Road, Springfield, Virginia 22153 (“BMI”);

 

WHEREAS, Novoste, Representative and BMI entered into that certain Marketing
Representation Agreement, dated as of August 25, 2005 (the “Marketing
Representation Agreement”), pursuant to which Novoste engaged Representative to
market, demonstrate and solicit orders for various products with respect to
Seller’s VBT Business; and

 

WHEREAS, Novoste, Representative and BMI desire to amend certain provisions of
the Marketing Representation Agreement; and

 

WHEREAS, the parties hereto are concurrently with this Amendment No. 1 entering
into an amendment and restatement of the asset purchase agreement, dated as of
October 25, 2005; and

 

WHEREAS, for purposes of this Amendment No. 1, capitalized terms not otherwise
defined herein shall have the respective meanings set forth in the Marketing
Representation Agreement (as amended by this Amendment No. 1);

 

NOW, THEREFORE, in consideration of the mutual promises contained herein, the
recitals set forth above, which are hereby incorporated by reference, and for
other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties agree as follows:

 

1. Asset Purchase Agreement. Those references to the defined term “Asset
Purchase Agreement” which appear in sections 7.1 and 9.14 of the Marketing
Representation Agreement shall mean the Amended and Restated Asset Purchase
Agreement, dated as of October 12, 2005, by and among Novoste, Representative
and BMI.

 

2. Term. Section 7.1(c) shall be amended by deleting the date “October 14, 2005”
and inserting in lieu thereof the date “December 31, 2005”.

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3. Other Terms Unchanged. The Marketing Representation Agreement, as amended by
this Amendment No. 1, shall remain and continue in full force and effect, shall
constitute a legal, valid and binding obligation of Novoste, Representative and
BMI and is in all respects agreed to, ratified and confirmed hereby. Any
reference to the Marketing Representation Agreement after the date first set
forth above shall be deemed to be a reference to the Marketing Representation
Agreement, as amended by this Amendment No. 1.

 

4. Governing Law. This Amendment No. 1 shall be governed by the substantive laws
of the State of Georgia, without regard to conflict-of-laws issues.

 

5. Counterparts. This Amendment No. 1 may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same document.

 

6. Titles and Captions. Section headings are used for convenience and shall not
affect the interpretation or construction of any provision of this Amendment
No. 1.

 

[Remainder of Page Intentionally Left Blank]

 

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Accepted and agreed to by the parties by their duly authorized representatives
as of the date first set forth above.

 

NOVOSTE CORPORATION   BEST VASCULAR, INC. By:  

/s/ Alfred J. Novak

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  By:  

/s/ Krishnan Suthanthiran

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Title:   President and Chief Executive Officer   Title:   President Date:  
October 12, 2005   Date:   October 12, 2005

 

BEST MEDICAL INTERNATIONAL, INC. By:  

/s/ Krishnan Suthanthiran

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Title:   President Date:   October 12, 2005

 

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