EX-10.1






AMENDMENT #7 TO THE AUTHORIZED DISTRIBUTOR MARKET PRICE

AGREEMENT DATED AS OF JULY 1ST, 1993, BY AND BETWEEN:




FUTURE ELECTRONICS INC. (“Future”)



-and-



SIPEX CORPORATION (“Sipex”)



WHEREAS Sipex and Future have entered into an Authorized Distributor Market Price Agreement dated
as of the 1st day of July 1993 (the “Agreement”);



WHEREAS the Agreement was first amended by an amendment dated as of the 1st day of
October 2002 (the “First Amendment”), whereby the Term of the Agreement was extended and
Future was designated as Sipex’s exclusive distributor for North America and Europe for the term
set forth therein;



WHEREAS the Agreement was subsequently amended through Addendum “A”, executed by Future on February
7, 2003, and by Sipex on February 12, 2003 (the “Second Amendment”);



WHEREAS the Agreement was subsequently amended through Addendum “B”, executed by Future on August
26, 2003, and by Sipex on August 29, 2003 (the “Third Amendment”);



WHEREAS the Agreement was subsequently amended on September 15, 2003, through Amendment #3 to the
Agreement, (the “Forth Amendment”);



WHEREAS the Agreement was subsequently amended on April 25, 2006, through Amendment #4 to the
Agreement, (the “Fifth Amendment”);



WHEREAS the Agreement was subsequently amended on September 22, 2006, through Amendment #6 to the
Agreement, (the “Sixth Amendment”);



WHEREAS Future and Sipex (collectively, the “Parties” and individually, each a “Party”)
wish to further amend the Agreement, through this Amendment #7 (this “Amendment”) as set
forth hereafter;



NOW THEREFORE, FOR GOOD AND VALUABLE CONSIDERATION, THE PARTIES AGREE AS FOLLOWS:




	1.	 	Please add the following guidelines applicable to the scrap allowance at Amendment #4 to the
Agreement dated April 25, 2006:





SA





	 	i.	 	Only SUPPLIER Product with date codes older than
one (1) year will qualify for the scrap allowance.






	 	ii.	 	All Products that qualify for the scrap allowance
will be included in a list (List) prepared by FUTURE and submitted to
SUPPLIER within thirty (30) days following each consecutive three (3)
month period.






	 	iii.	 	SUPPLIER will authorize all qualifying Products
for scrap within thirty (30) days of receipt of the proposed scrap List
from FUTURE. FUTURE will provide SUPPLIER written certification within
thirty (30) days of SUPPLIER’s written authorization above, confirming
that the scrap approved on the List has been destroyed, and that all
Product approved for scrap has been removed from FUTURE’s inventory and
deleted from FUTURE’s inventory reports that FUTURE provides to SUPPLIER
on a periodic basis.





All other terms and conditions to the Distributor Agreement dated July 1st, 1993 between
Sipex Corporation and Future Electronics Inc., as amended pursuant to the subsequent documents
referenced herein, shall remain unchanged.



WHEREFORE THE PARTIES HAVE EXECUTED THIS AMENDMENT, AS OF THE 1st DAY OF NOVEMBER, 2006.



	 	 	 
	FUTURE ELECTRONICS INC.

	 	SIPEX CORPORATION
	 
	 	 
	/s/ Sam Abrams

	 	/s/Clyde R. Wallin
	 

	 	 
	 
	 	 
	By: Sam Abrams

	 	By: Clyde R. Wallin
	
 
	 	 
	Title: Executive Vice President

	 	Title: CFO