Document:

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                                                                   EXHIBIT 10.35

                          TRANSITION SERVICES AGREEMENT

         THIS TRANSITION SERVICES AGREEMENT ("Services Agreement") is made as of
the 20th day of December, 2002, by and between (i) Ultrak, Inc., a Delaware
corporation ("Seller"), and each of the other Seller Entities (as defined
below), and (ii) Pittway Corporation, a Delaware corporation ("Buyer") and
wholly-owned subsidiary of Honeywell International Inc., a Delaware corporation
("Honeywell"), and each of the other Buyer Entities (as defined below).

         Seller and Honeywell have entered into an Asset Purchase Agreement
dated as of August 8, 2002 (as amended to date, the "Asset Purchase Agreement"),
pursuant to which Seller and certain of the Seller Entities are selling the
Purchased Assets to Honeywell and certain of its Affiliates on the date hereof.

         Seller and Buyer desire to enter into this Services Agreement pursuant
to which the Seller Entities will provide certain transition services to the
Buyer Entities on the terms and conditions set forth herein.

         In consideration of the mutual undertakings contained herein, and for
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the Parties agree as follows:

                                    ARTICLE 1

                                   DEFINITIONS

            1.1 Definitions Incorporated. All capitalized terms not otherwise
defined in this Services Agreement shall have the respective meanings ascribed
to them in the Asset Purchase Agreement.

            1.2 Additional Definitions. Unless the context otherwise requires,
the following terms, and their singular or plural, used in this Services
Agreement shall have the respective meanings set forth below:

                (a) "Acquired Business" means the Business as defined in the
Asset Purchase Agreement.

                (b) "Buyer" shall have the meaning set forth in the preamble to
this Services Agreement.

                (c) "Buyer Entities" means, collectively, Buyer and its
Affiliates.

                (d) "Confidential Information" shall have the meaning set forth
in Section 7.1 of this Services Agreement.

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                (e) "Party" or "Parties" means each of the entities set forth on
the signature pages to this Services Agreement.

                (f) "Person" means an individual, partnership, corporation,
trust, unincorporated association, or other entity or association.

                (g) "Provider" means the particular Seller Entity providing
Services pursuant to this Services Agreement.

                (h) "Recipient" shall mean the particular Buyer Entity receiving
Services pursuant to this Services Agreement.

                (i) "Seller" shall have the meaning set forth in the preamble to
this Services Agreement.

                (j) "Seller Entities" means, collectively, Seller and the
entities Affiliated with Seller.

                (k) "Services" means the transition services set forth in
Schedule A hereto and any additional services agreed to by the Parties pursuant
to Section 2.2.

                (l) "Term" shall have the meaning set forth in Section 4.1 of
this Services Agreement.

                Other terms are used as defined elsewhere herein.

                                    ARTICLE 2

                                    SERVICES

         2.1 Services. Pursuant to the terms of this Services Agreement, during
the Term, the Seller Entities agree to provide, or cause to be provided, to the
Buyer Entities the Services.

         2.2 Other Services. The Services provided under this Services Agreement
shall be consistent in all material respects (including, but not limited to,
quality, scope and functionality) with the services provided to the Acquired
Business prior to the Closing Date. If, after the execution of this Services
Agreement, the Parties determine that a service provided by or to the Acquired
Business as conducted by Sellers prior to the Closing Date was inadvertently
omitted from Schedule A to this Services Agreement, then the Parties shall
negotiate in good faith to attempt to agree to the terms and conditions upon
which any such additional services would be added to Schedule A to this Services
Agreement, it being agreed that the charges for such services should be
determined on a basis consistent with the methodology for determining the
initial prices for Services described in Section 3.2 below.

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                                    ARTICLE 3

                                  COMPENSATION

         3.1 Compensation for Services. Subject to Section 3.3, the compensation
for the Services for the duration of the Term shall be as set forth on Schedule
A.

         3.2 Pricing Methodology. The Parties hereby acknowledge and agree that
as of the date hereof the initial prices set forth on Schedule A hereto with
respect to any Service represent amounts which the Parties agree (i) will be
sufficient to cover the Provider's reasonable estimate of its actual costs
incurred in the provision of such Service to the Recipient and (ii) shall be
consistent with past practice or the historical pricing methodology that the
Provider used in charging its Affiliates for comparable services or, if no such
past practice or historical pricing methodology exists, as the Parties may
otherwise reasonably agree.

         3.3 Terms of Payment; Dispute Resolution.

                (a) Invoices. Except as expressly provided otherwise herein,
Providers shall invoice Recipients monthly in arrears for the Services provided
under this Services Agreement. Payment shall be made by Recipients within 30
days after the date of any invoice.

                (b) Payment. All amounts due for Services rendered pursuant to
this Services Agreement shall be billed and paid in the currency in which the
rate for such Service is quoted, as stated herein or as shown on Schedule A
hereto.

                (c) Dispute Resolution. If there is a dispute between any
Recipient and any Provider regarding the amounts shown as billed to such
Recipient on any invoice, such Provider shall furnish to such Recipient
reasonable documentation to substantiate the amounts billed including, but not
limited to, listings of the dates, times and amounts of the services in question
where applicable and practicable. Upon delivery of such documentation, such
Recipient and such Provider shall cooperate and use their best efforts to
resolve such dispute among themselves. If such disputing Parties are unable to
resolve their dispute within thirty (30) calendar days of the initiation of such
procedure, and such Recipient believes in good faith and with a reasonable basis
that the amounts shown as billed to such Recipient are inaccurate or are
otherwise not in accordance with the terms of this Services Agreement, then such
Recipient shall have the right, at its own expense, to commence arbitration in
accordance with Section 8.1 of this Services Agreement.

                                    ARTICLE 4

                              TERM AND TERMINATION

         4.1 Term. Except as expressly provided otherwise in this Services
Agreement, or with respect to specific Services as indicated on Schedule A
hereto, the term of this Services Agreement shall be for 180 days commencing at
the Effective Time (the "Initial Term"). Upon mutual written agreement of the
Parties, the Initial Term may be extended for an additional period

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of up to 180 days at the request of a Recipient by written notice from such
Recipient to its Provider, with copies to Seller and Buyer; any such written
request shall be made at least 30 days prior to the expiration of the Initial
Term (the Initial Term plus any extension thereof may be referred to herein as
the "Term"). The obligation of any Recipient to make a payment for services
previously rendered shall not be affected by the expiration of the Term or any
termination of this Services Agreement pursuant to Section 4.2 and shall
continue until full payment is made.

         4.2 Termination of Individual Services. Notwithstanding anything to the
contrary contained herein or in Schedule A hereto, a Recipient may terminate at
any time during the Term any individual Service provided under this Services
Agreement on a service-by-service basis (and/or location-by-location basis where
an individual service is provided to multiple locations of a Recipient) upon
written notice to the Provider identifying the particular Service (or location)
to be terminated and the effective date of termination, which date shall not be
less than 20 days after receipt of such notice unless the Provider otherwise
agrees. Effective upon the termination of such Service, an appropriate reduction
will be made in the fees charged to such Recipient.

                                    ARTICLE 5

                                CERTAIN COVENANTS

         5.1 Points of Contact. Each Provider and Recipient shall name an
individual who shall serve as a point of contact and each point of contact shall
be deemed added to Schedule A hereto. Each point of contact shall be responsible
for the implementation of this Services Agreement between the respective
Provider and its Recipient, including resolution of any issues which may arise
during the performance hereunder on a day-to-day basis.

         5.2 Cooperation; Reasonable Care.

                (a) The Parties will cooperate (using reasonable commercial
efforts) to effect a smooth and orderly transition of the Services provided
hereunder from the Providers to the respective Recipients including, without
limitation, the separation of the Acquired Business from the Excluded
Businesses; provided, however, that this Section 5.2 shall not require any Party
hereto to incur any out-of-pocket expenses unless and except as expressly
provided otherwise herein.

                (b) Each Provider shall perform the Services that it is required
to provide to its respective Recipient(s) under this Services Agreement with
reasonable skill and care and shall use at least that degree of skill and care
that it would exercise in similar circumstances in carrying out its own
business. Each Provider shall take necessary measures to protect the respective
Recipient's data that is processed by such Provider from destruction, deletion
or unauthorized change; provided, however, that a Provider shall be deemed to
have satisfied this obligation if the measures taken to protect and recover
Recipient's data are equivalent to what the Provider uses in carrying out such
Provider's own business.

         5.3 Migration Projects. At the end of the Term, each Provider will
provide the respective Recipient with reasonable support necessary to transition
the Services, which may

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include (a) consulting, (b) training, (c) providing reasonable access to data
and other information in Provider's standard format and medium (whether
electronic or otherwise) and (d) reasonable access to Provider's employees.
Recipient shall bear any costs incurred as a result of requests by Recipient for
services, data elements, data manipulation or data production/processing
schedules that differ from Provider's standard internal practices and policies
(all such data, activities or requests are hereinafter referred to as "Project
Work"). Where required for transitioning the Services, the Recipient's employees
or approved representatives will be granted reasonable access to the respective
Provider's facilities during normal business hours. Certain Project Work may be
out-sourced to external service partners (including those involving conversion
programs or other programming, or extraordinary management supervision and/or
coordination). The Recipient shall pay Provider's actual costs incurred in
connection with all Project Work, whether performed by Provider's personnel or
external service providers. Prior to commencing any Project Work, Provider shall
provide Recipient with an estimate of the cost and scope of such Project Work to
be mutually approved by Seller and Buyer.

         5.4 Further Assurances. From time to time after the date hereof,
without further consideration, each Party shall execute and deliver such formal
license agreements as another Party may reasonably request to evidence any
license provided for herein or contemplated hereby.

         5.5 Certain Disbursements/Receipts. The Parties hereto contemplate
that, from time to time on or after the Closing Date, the Seller Entities or
their Affiliates (each a "Seller Party" and collectively, the "Seller Parties")
and/or the Buyer Entities (each a "Buyer Party" and collectively, the "Buyer
Parties") (any such party, the "Paying Party"), as a convenience to another
Buyer Party or Seller Party, as the case may be (the "Responsible Party"), in
connection with the transactions contemplated by this Services Agreement or the
Asset Purchase Agreement, may make certain payments that are properly the
responsibility of the Responsible Party (whether pursuant to the Asset Purchase
Agreement, this Services Agreement, any other agreement contemplated thereby)
(any such payment made, a "Disbursement"). Similarly, from time to time on or
after the Closing Date, Seller Parties and/or Buyer Parties (any such party, the
"Receiving Party") may receive from third parties certain payments to which
another Buyer Party or Seller Party, as the case may be, is entitled (any such
Party, the "Other Party", and any such payment received, a "Receipt").
Accordingly, with respect to Disbursements and Receipts, the Parties hereto
agree as follows:

                (a) Disbursements.

                  (i) For Disbursements made by check, the Responsible Party
         will reimburse the Paying Party within seven business days after
         written notice of such Disbursement has been given to the Responsible
         Party.

                  (ii) In case of a Disbursement by wire, if written notice has
         been given by 2 p.m. of the Responsible Party's local time at least one
         business day prior to the payment of such Disbursement, the Responsible
         Party shall reimburse the Paying Party for the amount of such payment
         (in the local currency equivalent paid by the Paying Party) on the date
         the Disbursement is made by the Paying Party. If notice as provided
         above has not been given prior to the payment of such Disbursement, the
         Responsible Party shall

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         reimburse the Paying Party for the amount of such payment (in the local
         currency equivalent paid by the Paying Party) within one business day
         after receipt by the Responsible Party of such notice from the Paying
         Party.

                  (iii) A Paying Party shall provide such supporting
         documentation regarding Disbursements for which it is seeking
         reimbursement as the Responsible Party may reasonably request.

                (b) Receipts. A Receiving Party shall remit Receipts to the
Other Party (in the same currency as such payment is received) within one
business day of receipt thereof.

                (c) Certain Exceptions. Notwithstanding anything to the contrary
set forth above, if, with respect to any particular transaction(s), it is
impossible or impracticable under the circumstances to comply with the
procedures set forth in subsections (a) and (b) of this Section 5.5 (including
the time periods specified therein), the Parties will cooperate to find a
mutually agreeable alternative that will achieve substantially similar economic
results from the point of view of the Paying Party or the Other Party, as the
case may be; including the paying of interest at the rate set forth in Section
1.3(d) of the Asset Purchase Agreement by the Paying Party to the Other Party
for the period of time starting on the date such payment was due and ending on
the date such payment is made such that the Paying Party will not incur any
material interest expense or the Other Party will not be deprived of any
material interest income; provided, however, that if a Receiving Party cannot
comply with the procedures set forth in subsection (b) of this Section because
it does not become aware of a Receipt on behalf of the Other Party in time (e.g.
because of the commingling of funds in an account), such Receiving Party shall
remit such Receipt without interest thereon to the Other Party within one
business day after it becomes aware of such Receipt.

         5.6 Collection of Receivables. Accounts receivable collected by any
Seller Entity as part of the Services shall be remitted weekly in arrears to an
account designated by the Recipient set forth on Schedule A hereto such Service.
If some trade receivables of the Acquired Business are retained by the Seller
Entities either as owner or as collection agent, the Buyer Entities agree to
collect such trade receivables on Seller's behalf using the same degree of care
and diligence as if such receivables were their own.

         5.7 No Implied Duties. No Seller Entity or Provider shall have any
implied duties or obligations arising from this Services Agreement except as may
be expressly set forth herein.

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                                    ARTICLE 6

                                    INDEMNITY

         6.1 Indemnity.

                (a) The Seller Entities (jointly and severally) will each
indemnify and hold harmless the Buyer Entities, their agents, employees and
invitees, against all liabilities, claims, losses, damages, death or personal
injury of whatever nature or kind, arising out of their performance of Services
or other obligations under this Services Agreement or the entry of their agents,
employees or invitees onto the premises of the other, to the extent occasioned
by the willful misconduct or grossly negligent actions or omissions of the
Seller Entities or their agents, employees or invitees.

                  (b) Notwithstanding the foregoing, no Party shall be entitled
to any damages with respect to lost profits or consequential damages or punitive
damages with respect to the performance by any other Party under this Services
Agreement.

                                    ARTICLE 7

                                 CONFIDENTIALITY

         7.1 Obligations. With respect to any information disclosed by one Party
to another Party for the purpose of this Services Agreement or otherwise
accessible to such other Party during the performance hereunder ("Confidential
Information"), the receiving Party agrees that it will use at least that degree
of skill and care that it would exercise in similar circumstances in carrying
out its own business to prevent the disclosure or accessibility to others of the
disclosing Party's Confidential Information and will use such Confidential
Information only for the purpose of this Services Agreement. No Party shall
disclose, publish, release or otherwise make available the Confidential
Information of the other Party. The receiving Party shall limit dissemination of
and access to the other's Confidential Information to only such of the receiving
Party's employees who have a need to know.

         7.2 Exclusions. Specifically excluded from the foregoing obligation is
any and all information that:

                (a) is already known to the receiving Party at the time of
disclosure or thereafter is independently developed by the receiving Party
without breach of this Services Agreement;

                (b) is already in the public domain at the time of disclosure,
or thereafter becomes publicly known other than as the result of a breach by the
receiving Party of its obligations under this Services Agreement or any other
confidentiality obligation under another binding agreement between the Parties;

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                (c) is rightfully received from a third party without breach of
this Services Agreement;

                (d) is furnished by the disclosing Party to a third party
without a similar restriction on its rights; or

                (e) upon advice of counsel, must be produced by the receiving
Party as a matter of law; provided, however, that in such case the receiving
Party shall promptly notify the disclosing Party and, insofar as is permissible
and reasonably practicable without placing the receiving Party under penalty of
law, give it an opportunity to appear and to object to such production before
producing the requested information.

                                    ARTICLE 8

                                  MISCELLANEOUS

         8.1 Arbitration; Continuation of Services Pending Outcome of Dispute.
In the event of any dispute, controversy or claim between the Parties or between
Providers and Recipients arising out of or relating to this Services Agreement,
such disputing Parties shall first attempt to resolve such disputes among
themselves within thirty (30) calendar days from the date any disputing Party
sends written notice of such dispute to the other disputing Party or Parties. If
the disputing Parties fail to resolve such dispute within such period, the
Parties shall follow the dispute resolution and arbitration procedures set forth
in Section 9.13 of the Asset Purchase Agreement, which Section is incorporated
herein by reference as if stated herein in its entirety. No Provider shall
discontinue the supply of any Service provided for herein, unless so provided in
an arbital determination that the respective Recipient is in default of an
obligation under this Services Agreement.

         8.2 Notices. Any notice provided or permitted to be given to a Party
under this Services Agreement must be in writing, and may be served by
depositing same in the mail, addressed to the Person to be notified, postage
prepaid, and registered or certified, with return receipt requested. Notice
given by registered or certified mail shall be deemed given and effective on the
date of delivery as shown on the return receipt. Notice may be served in any
other manner including telex, telecopy or telegram but shall be deemed given and
effective as of the time of actual delivery thereof to the addressees. For
purposes of the giving of notice, Recipients and Providers shall be notified at
the addresses used for billing purposes (which shall be added to Schedule A
hereto), real estate occupants shall be notified at the addresses of their
respective occupied premises and Seller and Buyer shall be notified at the
addresses listed below:

         If to Buyer or any Buyer Entity:

         Honeywell International Inc.
         P.O. Box 2245
         101 Columbia Road
         Morristown, New Jersey 07962-2245
         Attention: Director, Acquisitions and Divestitures

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         Global Business Services
         Telephone: (973) 455-4522
         Telecopy: (973 455-4902

         With a copy to:
         Honeywell International Inc.
         101 Columbia Road
         Morristown, New Jersey 07962
         Attention: Deputy General Counsel - Corporate Finance
         Telephone: (973) 455-5208
         Telecopy: (973) 455-5350

If to Seller:

         Ultrak, Inc.
         1301 Waters Ridge Drive
         Lewisville, Texas  75057
         Attention: General Counsel
         Facsimile: (972) 353-6654

With a copy to:

         Gardere Wynne Sewell LLP
         601 Elm Street, Suite 3000
         Dallas, Texas 75201-4761
         Attention:  Richard L. Waggoner, Esq.
         Facsimile:  (214) 999-3510

Any Party may change its respective address for notice by the giving of notice
of such change in the manner provided above.

         8.3 Entire Agreement. Except for those matters provided for in the
Asset Purchase Agreement or the other agreements contemplated therein, this
Services Agreement sets forth the entire agreement of the Parties with respect
to its subject matter. This Services Agreement shall not be modified or amended
except by written instrument executed by each Party provided, however, that a
modification or amendment affecting only the relationship between a certain
Provider and its Recipient, or between a lessor and its lessee, does not require
signature by the other Parties. Schedule A to this Services Agreement shall be
deemed incorporated in this Services Agreement and shall form a part of it.

         8.4 Waiver. The failure of a Party to insist upon strict performance of
any provision of this Services Agreement shall not constitute a waiver of, or
estoppel against, asserting the right to require such performance in the future,
nor shall a waiver or estoppel in any one instance constitute a waiver or
estoppel with respect to a later breach of a similar nature or otherwise.

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         8.5 Severability. If any of the terms and conditions of this Services
Agreement are held by any court of competent jurisdiction to contravene, or to
be invalid under, the laws of any political body having jurisdiction over the
subject matter of this Services Agreement, such contravention or invalidity
shall not invalidate the entire Services Agreement. Instead, this Services
Agreement shall be construed as if it did not contain the particular provision
or provisions held to be invalid, and an equitable adjustment shall be made and
necessary provisions added so as to give effect to the intention of the Parties
as expressed in this Services Agreement at the time of the execution of this
Services Agreement and of any amendments to this Services Agreement.

         8.6 Governing Law; Construction; Jurisdiction. This Services Agreement
shall be construed and enforced in accordance with and governed by the laws of
the State of Delaware, without reference to its conflicts of law rules or
principles. The headings in this Services Agreement are not to be considered
part of this Services Agreement and are inserted for convenience, identification
and reference only and are not intended to interpret, define, or limit the
scope, extent, or intent of this Services Agreement or any provision of this
Services Agreement. Whenever the context requires, the gender of all words used
in this Services Agreement shall include the masculine, feminine and neuter, and
the number of all words shall include the singular and the plural. The Parties
agree that jurisdiction will be governed by Section 9.14 of the Asset Purchase
Agreement.

         8.7 Counterpart Execution. This Services Agreement may be executed in
counterparts with the same effect as if all of the Parties had signed the same
document. Such counterparts shall be construed together and shall constitute one
and the same instrument, notwithstanding that all of the Parties are not
signatories to the original or the same instrument, or that signature pages from
different counterparts are combined. The signature of any Party to one
counterpart shall be deemed to be a signature to and may be appended to any
other counterpart.

         8.8 Successors and Assigns.

                (a) This Services Agreement shall inure to the benefit of and
shall be binding upon the Parties, their respective legal representatives,
successors, and permitted assignees, and all Persons claiming by, through, or
under right of any of the aforesaid Persons. This Services Agreement may not be
assigned by any Party without the prior written consent of the other Parties.

                (b) At the request of any Provider, Recipient, lessor or lessee
that is a Party hereto, any other Provider or Recipient that is receiving
benefits or has obligations hereunder and is not a signatory hereto, shall
execute and deliver to the other Parties a counterpart hereof. The failure of
any Person that is receiving benefits or has obligations hereunder to execute a
counterpart hereof shall not affect the enforceability of this Services
Agreement against such Person or against any other Party hereto.

         8.9 No Third Party Rights. The provisions of this Services Agreement
are intended to bind the Parties to each other and are not intended and do not
create rights in any other person,

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including any employee of the Acquired Business or Seller, and no Person is
intended to be or is a third party beneficiary of any of the provisions of this
Services Agreement.

         8.10 Independence. All employees and representatives of a Party
providing Services will be deemed for purposes of all compensation and employee
benefits to be employees or representatives of the Party providing such Services
(or its subcontractors) and not employees or representatives of the Party
receiving such Services. In performing Services, such employees and
representatives will be under the direction, control and supervision of the
Party providing the Services (or its subcontractors) (and not of the Party
receiving such Services) and the Party providing the Services (or its
subcontractors) will have the sole right to exercise all authority with respect
to the employment (including termination of employment), assignment and
compensation of such employees and representatives.

         8.11 Nonexclusivity. Nothing in this Services Agreement shall prevent
either Party from providing any Service to any other Person. Nothing in this
Services Agreement shall prevent either Party from obtaining all or any part of
the Services from its own employees and facilities or from providers other than
the other Party, subject to the policies and procedures of the Provider where
the Recipient occupies the facilities of the other Party.

         8.12 No Agency or Partner Relationship. Nothing in this Services
Agreement shall be deemed to make either Party the agent or partner of the other
Party.

         8.13 Survival. The following sections of this Services Agreement and
the obligations thereunder shall survive termination hereof: Sections 3.3, 5.5,
5.6, the last sentence of Section 4.1, and Articles 6, 7 and 8.

         8.13 Conflict. This Services Agreement does not supersede the Asset
Purchase Agreement, the Sublease, the Trademark License Agreement, the CCTV
Products Supply Agreement, the Access Control Supply Agreement or the Trademark
and Copyright License Agreement (collectively, the "Superior Documents"). Any
conflicts between the terms of this Services Agreement and the Superior
Documents shall be resolved in favor of the Superior Documents.

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         IN WITNESS WHEREOF, the duly authorized officers or representatives of
the Parties hereto have duly executed this Services Agreement as of the date
first written above.

ULTRAK, INC.
As Seller

By: /s/ Chris Sharng
   --------------------------------------------
   Name:  Chris Sharng
   Title: Senior Vice President, Chief
          Financial Officer and Secretary

ULTRAK OPERATING, L.P.
As Seller

By: Ultrak GP, Inc., its General Partner

By: /s/ Chris Sharng
   --------------------------------------------
   Name:  Chris Sharng
   Title: Senior Vice President, Chief
          Financial Officer and Secretary

ULTRAK GP, INC.
As Seller

By: /s/ Chris Sharng
   --------------------------------------------
   Name:  Chris Sharng
   Title: Senior Vice President, Chief
          Financial Officer and Secretary

ULTRAK LP, INC.
As Seller

By: /s/ Chris Sharng
   --------------------------------------------
   Name:  Chris Sharng
   Title: Senior Vice President, Chief
          Financial Officer and Secretary

ULTRAK OHIO, INC.
As Seller

By: /s/ Chris Sharng
   --------------------------------------------
   Name:  Chris Sharng
   Title: Senior Vice President, Chief
          Financial Officer and Secretary

<PAGE>

PITTWAY CORPORATION
As Purchaser

By: /s/ Thomas F. Larkins
   --------------------------------------------
   Name:  Thomas F. Larkins
   Title: Assistant Secretary

<PAGE>
                                                   TRANSITION SERVICES AGREEMENT
                                                                      SCHEDULE A
--------------------------------------------------------------------------------

   SCHEDULE A

                 A. UNITED STATES

                        1. INFORMATION TECHNOLOGY

                 PROVIDER:

                           Contact Person: Don Morgan
                           Telephone: (972) 353-6592

                 RECIPIENT:

                           Contact Person:  Ben Juarez
                           Telephone: (480) 592-7089

                 SERVICES AND CHARGES: See Annex 1

                        TERM: Services will be provided for an Initial Term of
                        180 days, from 12:01 a.m. Eastern Time on the Closing
                        Date. Recipient may request one extension of the Initial
                        Term for up to an additional 180 days. The grant of any
                        such extension (including its duration and scope) is
                        subject to the mutual agreement of the Seller and the
                        Purchaser. Recipient shall submit such a request by
                        providing written notice to the Provider (with a copy to
                        the Purchaser and the Seller) at least 30 days prior to
                        the end of the Initial Term. Such notice shall indicate
                        Recipient's request to extend the Initial Term and
                        specify the desired number of days of such extension, up
                        to a maximum of 180 days.

                 NOTES:

            1.          Telecom, Internet and VPN services will continue to be
                        billed by existing vendors and approved by local site
                        management until transition is completed. Seller will
                        retain license agreements with MCI WorldCom or
                        equivalent vendors and pay all local circuit termination
                        penalties.

            2.          Services will be billed on actual usage for Desktop and
                        Copier Leasing via U.S. vendors. Recipient will assume
                        all liability for these services as of the Closing Date.

            3.          Software Licenses: licenses, which can be transferred,
                        will be identified and become the property of the
                        recipient. The Recipient will not be entitled to SAP
                        client or server licenses. Demand Solutions forecasting
                        software will be transferred to Recipient with vendor
                        approval.

            4.          Software Consent Fees: during transition period, Seller
                        will be responsible for paying all vendors consent and
                        maintenance fees during the transition period.

            5.          Within 90 days following the Closing Date, Recipient
                        shall have the option, with respect to the leased
                        Computer Equipment and Copier Machines used by the
                        Affected Business, to (a) enter into an assignment of
                        the leased Equipment to Recipient to be effected such
                        that

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                                                   TRANSITION SERVICES AGREEMENT
                                                                      SCHEDULE A
--------------------------------------------------------------------------------

                        the Recipient shall have use of the Equipment on the
                        same terms following the Equipment Lease assignment as
                        the Affected Business did prior to such assignment, (b)
                        negotiate and exercise a buy-out of the Equipment Lease
                        and the purchase of the Equipment on terms agreed to by
                        the Recipient and the equipment lessor or (c) exercise
                        an early lease termination and return leased Equipment
                        to the equipment lessor(s). Provider agrees to assist
                        the Recipient in exercising any of the options in the
                        preceding sentence by facilitating discussions between
                        the equipment lessor and the Recipient.)

            6.          Within 90 days following the Closing Date, Provider will
                        assign ownership of Toll Free and Local Exchange Carrier
                        (LEC) telephone numbers and Internet Domain Names to
                        Recipient.

            7.          Cell phones, pagers and calling cards will be provided
                        for 30 days.

            8.          Within 30 days following the Closing Date, Provider will
                        physically secure Recipient owned and managed equipment.
                        Provider will be responsible for all building structural
                        modifications and utility alterations required.
                        Recipient will be responsible for moving owned and
                        managed equipment.

            9.          Videoconferencing: Provider will provide Recipient with
                        access to Videoconferencing facility owned and managed
                        by Provider on a requested basis subject to
                        availability. Services will be billed on Recipient usage
                        of the facility and actual cost.

            10.         Provider is responsible for all SAP hardware/software
                        Break-Fix, network connectivity to Plaut and Database
                        Break-Fix. To the extent Recipient is responsible for a
                        problem, Recipient will reimburse Provider for the
                        direct costs to resolve the problem and be provided with
                        supporting documentation. All system outages and
                        performance issues will be resolved by Provider in
                        accordance with business practices typical in the
                        industry. Recipient will neither change the SAP
                        configuration nor contact vendors directly without prior
                        written approval of the Provider, except as it relates
                        to SAP migration, in which case, Provider agrees to
                        provide UNIX and SAP administrative permission as
                        required and, if required, a temporary VPN connection.
                        Recipient agrees to provide administrative read
                        permission to Vendor communications.

       B. CONSULTING SERVICES OF CHRIS SHARNG, WENDY DIDDELL, JOHN CANNON AND
OTHERS

For a period of 180 days (subject to extension from time to time pursuant to
Section 5.1), Sellers and their Affiliates shall cause Chris Sharng, Wendy
Diddell, John Cannon and such other employees of Sellers and their Affiliates as
Buyer Entities may identify from time to time ("Consultants") to provide
consulting services to the Buyer Entities on subjects and in areas within such
Persons' expertise.

Compensation for such services shall be charged at an hourly rate of US$100.00
plus the out-of-pocket expenses of the Consultants incurred in connection with
such services and pre-approved by the Buyer Entities in writing, including
travel expenses incurred at the request of Buyer.

Sellers and their Affiliates shall only be obligated to make Consultants
available pursuant to the terms of this

                                       2
<PAGE>

                                                   TRANSITION SERVICES AGREEMENT
                                                                      SCHEDULE A
--------------------------------------------------------------------------------

Services Agreement for so long as such Persons are employed by Sellers and their
Affiliates and for no more than fifty-percent of such employee's professional
service time.

                 C. UNITED KINGDOM

                           1.  USE OF WARRINGTON FACILITY
                               Ultrak (UK) Limited

                    PROVIDER:

                               Contact Person: Mr. Terry Lipscombe, Partner
                                               Putsman.wlc Solicitors
                                               Birmingham England
                                Telephone:

                    RECIPIENT:

                                Video Controls Limited

                                Contact Person:  Mike Brook
                                Telephone: +44 (0)1928 754000

                 SERVICES AND CHARGES: See Annex 2

                        TERM: Services will be provided for an Initial Term of
                        60 days, from 12:01 a.m. Eastern Time on the Closing
                        Date. Recipient may request an extension of the Initial
                        Term by providing written notice to the Provider (with a
                        copy to the Purchaser and the Seller) at least 7 days
                        prior to the end of the Initial Term. The grant of any
                        such extension (including its duration and scope) is
                        subject to the mutual agreement of the Provider and the
                        Recipient. If Recipient's request to extend the Initial
                        Term is granted by Provider, such extension shall be for
                        the number of days agreed upon by the parties, up to a
                        maximum of 90 days. Such extension may be terminated by
                        either party upon 7 days written notice of such party's
                        intention to terminate Recipient's occupancy of the
                        premises located at Carnoustie House, The Links, Kelvin
                        Close, Birchwood, Warrington WA3 7PB (the "Warrington
                        Facility").

                 NOTES:

            1.          Recipient will pay to Provider a monthly fee, as set
                        forth on Annex 2, to reimburse Provider for the
                        following fixed costs attributable to Recipient's use of
                        the Warrington Facility including: (a) monthly rental
                        payments under the existing lease (including any monthly
                        insurance premiums payable under the lease) (b)
                        telephone rental and charges expenses (including any
                        associated with data transmission), (c) building and
                        associated equipment maintenance costs (including
                        service charges associated with the lease under which
                        Provider holds the Warrington Facility) and (d) rates,
                        including any water rates.

            2.          Recipient will reimburse Provider, on a monthly basis,
                        for the following variable costs attributable to
                        Recipient's use of the Warrington Facility: (a) gas and
                        electrical service, and (b) telephone and data
                        transmission services. Provider will be reimbursed for
                        these services based on the actual usage at the
                        Warrington Facility as billed by the appropriate service
                        provider.

                                       3
<PAGE>

                                                   TRANSITION SERVICES AGREEMENT
                                                                      SCHEDULE A
--------------------------------------------------------------------------------

            3.          Provider and its representatives shall have a right of
                        access to the Warrington Facility, during office hours
                        and upon prior appointment, save in the case of
                        emergency. A key shall be maintained by a nominated
                        Seller representative in the United Kingdom.

            4.          Provider will be responsible for all damage or loss to
                        the Warrington Facility caused by the Recipient, its
                        employees, agents or visitors. Provider is responsible
                        for all dilapidations in the nature of normal fair wear
                        and tear.

            5.          During the course of Recipient's occupancy of the
                        Warrington Facility, Provider may continue to
                        exclusively occupy a secure area of the Warrington
                        Facility, equivalent to the office used by Jan Beetson,
                        for storage and accounting purposes. In addition,
                        Provider and Recipient shall have joint access to common
                        areas at the Warrington Facility.

            6.          Provider may set up and maintain a sale board at the
                        Warrington Facility to assist Provider in its efforts to
                        sublet the Warrington Facility following Recipient's
                        vacancy.

            7.          Recipient shall permit access to that part of the
                        Warrington Facility that it occupies and provide
                        reasonable viewing facilities to persons interested in
                        acquiring the Warrington Facility.

            8.          Recipient shall occupy the Warrington Facility as an
                        office and industrial premises in the same manner as
                        used by the Provider in connection with the CCTV
                        Business and shall keep and surrender them in a clean
                        and tidy state and shall occupy and use them in a good
                        and tenantlike manner. In particular, the Recipient
                        shall not do or permit anything to be done at or brought
                        onto the Warrington Facility which may either (a) change
                        the insurance risk/invalidate the insurance(s) of the
                        Provider and/or that of any superior landlord of the
                        Provider or (b) knowingly breach the existing planning,
                        environmental or safety permits relating to the
                        Warrington Facility.

                 D. PAYROLL AND BENEFITS SERVICES

                     1. Payroll Services:

Seller shall provide Buyer with continued access to Seller's payroll processing
application for payrolls that are processed subsequent to the Closing Date, and
prior to the end of calendar year 2002, for payments that are considered Seller
wages and Seller W-2 applicable. Seller further agrees that Seller shall be
responsible for the issuance to employees of forms W-2 for calendar year 2002.

To the extent that the closing is consummated in the middle of a payroll cycle,
Buyer will reimburse Seller for the prorated gross payroll associated with post
closing wages for that cycle. This reimbursement will be calculated by
multiplying total gross wages for the final pay cycle by a fraction, with such
fraction being the number of post closing days in the final pay cycle divided by
the total number of days in the final pay cycle.

                     2. Benefits Services:

                                       4
<PAGE>

                                                   TRANSITION SERVICES AGREEMENT
                                                                      SCHEDULE A
--------------------------------------------------------------------------------

Seller agrees to continue all benefits coverage for Transferred Employees
through December 31, 2002, to the extent that such coverage would not normally
be continued through the end of the month.

                                       5
<PAGE>

                                                   TRANSITION SERVICES AGREEMENT
                                                                      SCHEDULE A
--------------------------------------------------------------------------------

1. ANNEXES

                              ANNEX 1 TO SCHEDULE A

                           USA - SERVICES AND CHARGES

<Table>
<Caption>
                                                              MONTHLY BILLING
                                                                  AMOUNT
                                SERVICE                       (IN US DOLLARS)     APPLICABLE NOTES
----------------------------------------------------------   ----------------   ---------------------
<S>                                                          <C>                              <C>
SAP (Plaut Outsourcing)                                      $         18,375                 (1)
SAP Software Maintenance                                     $         12,455                 (2)
Other Software Maintenance Licenses                          $          3,172                 (3)
SAP Maintenance Services (personnel)                         $          3,958                 (4)
SAP, ACD and SalesForce Application Support Support          $          5,000                 (5)(11)
SalesForce.com                                               $          4,844                 (6)
Local Area Network                                           $          3,000                 (7)(13)
Local Phone Service (PBX, ACD, Depreciation)                 $          7,000                 (7)(13)
Long Distance Services                                       $          5,000                (11)(13)
Local Exchange Carrier (LEC)                                 $          2,000                (11)(13)
Enterprise-Wide Network (EWN)                                $          1,041                 (8)
Help Desk Support and E-Mail                                 $              0                 (9)
Intel and Unix Servers                                       $              0                (10)
Desktop Leasing                                              $          1,000                (11)
Cell Phones and Pagers                                       $            500                (11)
Remote Access                                                $            500                (11)
Videoconferencing                                            $            400                (11)
Copier Leasing                                               $            500                (11)
SAP Consultant                                                            TBD                (12)
                                                             ----------------
INFORMATION TECHNOLOGY GROUP                                 $         68,745
</Table>

(1)      Cost shown for SAP (Plaut Outsourcing) will be billed monthly at 75% of
         actual vendor invoice cost. Recipient has the option to terminate with
         a 30 day written notice. Provider agrees to terminate Recipient billing
         30 days after receipt of Recipient's written notice.

(2)      Recipient shall reimburse Provider for the actual cost of 100 SAP
         Licenses which can be terminated with a 90 day written notice. Provider
         agrees to terminate Recipient billing 90 days after receipt of
         Recipient's written notice.

(3)      Software maintenance licensing includes the use of Oracle, UNIX,
         Vertex, Jbase, and Topcall, (collectively, the "SAP Maintenance
         Licenses") in direct support of the SAP system. Costs shown for SAP
         Maintenance Licenses will be billed monthly at 75% of actual vendor
         invoice cost. Recipient has the option to terminate the SAP Maintenance
         Licenses with a 90 day written notice. Provider agrees to terminate
         Recipient billing 90 days after receipt of Recipient's written notice.

(4)      Recipient shall pay Provider a fixed fee to reimburse Provider for SAP
         maintenance personnel services ("SAP Maintenance Services"). Services
         and billing will terminate in conjunction with SAP Software
         Maintenance.

(5)      Any services required by Recipient (such as re-configuration of the
         Advanced Call Dist, or assistance with SAP conversion), will be billed
         at the rate of $55/Hr and will require written financial pre-approval
         from Recipient before work is initiated.

(6)      SalesForce.com will be billed at $4,844 for the month of January only.
         The Salesforce.com contract expires January 31, 2003, and Provider does
         not intend to renew the contract.

(7)      Monthly amount includes hardware/software leases, depreciation of local
         area wiring, hubs, switches, and phone system that will remain the
         property of Provider.

                                       6
<PAGE>

                                                   TRANSITION SERVICES AGREEMENT
                                                                      SCHEDULE A
--------------------------------------------------------------------------------

(8)      Includes access charges to Maryland ($382) and Las Vegas ($659).

(9)      No charges will be incurred since Recipient will provide helpdesk and
         Email support.

(10)     Server assets will be divided between Recipient and Provider to
         adequately support the Recipient and Provider businesses.

(11)     Costs shown for these services will be billed at actual monthly cost;
         figures given above are estimates. Long Distance and Local Exchange
         Carrier (LEC) charges will be based on actual usage reporting and
         extensions assigned to Recipient.

(12)     Provider to allow Recipient access to SAP Consultant for special
         projects at Recipient's expense.

(13)     Provider will extend services beyond 180 days. Services to be provided
         for the duration of Recipient's occupancy of the Lewisville, Texas
         facility.

                                        7
<PAGE>

                                                                      SCHEDULE A
--------------------------------------------------------------------------------

                              ANNEX 2 TO SCHEDULE A

                            UK - SERVICES AND CHARGES

<Table>
<Caption>
                                                                       MONTHLY
                                                                       BILLING
                                                                       AMOUNT
                   SERVICE                                             (IN GBP)                APPLICABLE NOTES
------------------------------------------------------------         --------------            ----------------
<S>                                                                  <C>                       <C>
FIXED COSTS:                                                                                      (2)(3)(4)
Rental expense                                                          9,288.50
Rates                                                                   3,361.00
Building and associated equipment maintenance service and
service charges associated with the Provider's lease

Namely:
Service Charge including service charge                                   266.67
Telephone system maintenance                                               67.92
Heating and boiler maintenance                                             56.08
Lift (elevator) maintenance                                                20.00
Fire defense maintenance                                                   20.00

Total Fixed Costs                                                      13,080.17

VARIABLE COSTS:                                                                                     (2)(3)(4)
Gas service                                                                  TBD                          (1)
Electrical service                                                           TBD                          (1)
Telephone service rentals and charges including data                         TBD                          (1)
transmission services
</Table>

(1)      Provider will be reimbursed for costs associated with these services
         based upon actual usage at the Warrington Facility.

(2)      All monthly charges shall be prorated for any part month of usage by
         the Recipient.

(3)      Where applicable all charges or payments shall be subject to the
         Provider charging sales tax or other applicable value added taxes on
         the sums charged.

(4)      Provider shall invoice the Fixed and Variable Costs monthly in arrears
         and the Recipient shall pay the same within 14 days of receipt of
         invoice.

                                        8<PAGE>
                                                                   EXHIBIT 10.36

                         CCTV PRODUCTS SUPPLY AGREEMENT

         This CCTV Products Supply Agreement (this "Agreement"), entered into as
of this 20th day of December, 2002 by and between ULTRAK, INC., a corporation
duly organized and existing under the laws of the State of Delaware and having
its principal place of business at Lewisville, Texas (together with the
Purchaser Affiliated Entities, hereinafter referred to as "Ultrak" or
"Purchaser") and PITTWAY CORPORATION, a corporation duly organized and existing
under the laws of the State of Delaware ("Supplier") and a wholly-owned
subsidiary HONEYWELL INTERNATIONAL INC., a corporation duly organized and
existing under the laws of the State of Delaware, having its principal place of
business at Morristown, New Jersey ("Honeywell").

                                    RECITALS:

         A. Honeywell, Ultrak and certain Affiliates of Ultrak have entered into
that certain Asset Purchase Agreement dated as of August 8, 2002 (as amended to
date, the "Asset Purchase Agreement") pursuant to which Honeywell has agreed to
purchase, and Ultrak has agreed to sell, on the terms and conditions set forth
in the Asset Purchase Agreement, certain business assets of Ultrak involved in
the manufacture and sale of CCTV Products (as herein defined).

         B. Following the Closing under the Asset Purchase Agreement, Ultrak
will, among other things, (v) engage in the business of designing,
manufacturing, selling and distributing access control systems, (x) act as a
systems integrator of security systems, (y) seek to sell CCTV Products to
certain Governmental Authorities, and (z) engage in the Excluded Businesses (as
herein defined), in each case in accordance with the terms of Section 6.11 of
the Asset Purchase Agreement.

         C. As a condition to the Closing under the Asset Purchase Agreement and
the purchase by Honeywell of the business assets to be purchased thereunder, and
except as otherwise provided herein, (x) Honeywell requires Ultrak, and Ultrak
has agreed as an inducement to Honeywell, to purchase from Supplier and to cause
each Purchaser Affiliated Entity to purchase from Supplier, all of Ultrak's and
such Purchaser Affiliated Entities' requirements for CCTV Products and (y)
Ultrak requires Supplier, and Supplier has agreed, to supply all of Ultrak's and
each Purchaser Affiliated Entity's requirements for CCTV Products, in each case
on the terms and conditions set forth in this Agreement.

                  NOW, THEREFORE, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties intending
to be legally bound agree as follows:

1. CERTAIN DEFINITIONS. Capitalized terms used herein but otherwise not defined
herein shall have the meaning ascribed thereto in the Asset Purchase Agreement.

<PAGE>

         (a) "Asset Purchase Agreement" has the meaning set forth in Recital A.

         (b) "CCTV Product(s)" shall mean closed circuit television, products,
equipment and systems, including, without limitation, (i) analog video products,
(ii) digital video products, (iii) cameras, domes and telemetry devices, (iv)
video management and transmission devices, (v) monitors and (vi) public address
systems and equipment.

         (c) "Excluded Businesses" shall mean (i) in the United States, Canada
and Mexico, the Purchaser's police, public transport and school transport mobile
video products business, (ii) in the United States, Canada and Mexico, the
Sellers' industrial vision source business, (iii) in the United States, Canada
and Mexico, the Purchaser's consumer/do-it-yourself security business (which
includes Internet sales consistent with the Purchaser's past practice) and (iv)
the Purchaser's personal protection business. For the avoidance of doubt, the
Excluded Businesses shall not include the Purchaser's access control business.

         (d) "Limited Warranty" shall have the meaning set forth in Section
9(a).

         (e) "Person" shall mean any natural person, firm, limited liability
company, general partnership, limited partnership, joint venture, association,
corporation, trust, Governmental Authority or other entity.

         (f) "Purchaser Affiliated Entity" shall mean any other Person that
directly or indirectly controls, is controlled by, or is under common control
with, the Purchaser. The terms "controlled by" and "under common control with"
mean the possession, directly or indirectly, of the power to direct or cause the
direction of the management policies of a Person, whether through the ownership
of voting securities, by contract or credit arrangement, as trustee or executor,
or otherwise.

         (g) "Term" shall have the meaning set forth in Section 3.

2. PURCHASE REQUIREMENTS.

         (a) Subject to Section 2(b), Purchaser agrees to purchase (and cause
the Purchaser Affiliated Entities to purchase), upon the terms and conditions
set forth herein, all of the requirements of Purchaser and the Purchaser
Affiliated Entities for CCTV Products. Accordingly, and subject to Section 2(b),
in connection with Purchaser's or any Purchaser Affiliated Entities' sales or
installations of security systems that incorporate or utilize CCTV Products,
whether digital or analog, regardless of the identity of the customer and
regardless of whether Purchaser or any Purchaser Affiliated Entity is acting as
a systems integrator or designer, manufacturer, seller or distributor of access
control products and systems, Purchaser agrees that neither Purchaser nor any of
the Purchaser Affiliated Entities shall, during the Term of this Agreement,
purchase from any source other than Supplier, or otherwise acquire or
manufacture, any CCTV Products, except as otherwise permitted by this Agreement.

                                       2
<PAGE>

         (b) Purchaser shall deliver to Supplier on or before the first day of
each calendar quarter during the Term a non-binding forecast of the quantity and
description of CCTV Products anticipated to be required by Purchaser during such
calendar quarter.

             (i) Orders in the Ordinary Course. Purchaser's orders in the
ordinary course of business for CCTV Products shall be filled (generally from
inventory) consistent with Supplier's customary business practices. If Purchaser
delivers to Supplier a written purchase order (including via electronic
transmission) in the ordinary course of business for CCTV Products, such order
will be deemed to be rejected by Supplier if Supplier fails to respond to
Purchaser by either filling the order or confirming in writing within five (5)
business days after receipt of such order a reasonable delivery time schedule.

             (ii) Orders Outside the Ordinary Course. Supplier and Purchaser
shall cooperate with each other and use commercially reasonable efforts to
coordinate delivery time schedules with respect to orders outside the ordinary
course of business (generally involving large projects or contracts).

             (iii) Any term or condition in a purchase order which contradicts
this Agreement shall be void and the provisions of this Agreement shall control.

         Supplier shall use all commercially reasonable efforts to sell to
Purchaser its requirements for CCTV Products as contemplated in Section 2(a)
herein. In the event Supplier is unable to supply a CCTV Product in sufficient
quantity and within a commercially reasonable time to fulfill Purchaser's
requirements for such CCTV Product or a customer of Purchaser or a Purchaser
Affiliated Entity requests a CCTV Product not manufactured by Supplier,
Purchaser or such Purchaser Affiliated Entity may procure such CCTV Product from
an alternative source until such time as Supplier is able to meet Purchaser's or
the Purchaser Affiliated Entity's requirements for such CCTV Product within a
commercially reasonable time; provided, however, that Purchaser and each
Purchaser Affiliated Entity shall be permitted to procure CCTV Products from an
alternative source only after (i) using commercially reasonable efforts to
encourage its customer to purchase CCTV Products either manufactured by Supplier
or which Supplier is able to source within a commercially reasonable time from
third parties (including CCTV Products available through Supplier which are the
functional equivalent of the CCTV Product requested by Purchaser's or the
Purchaser Affiliated Entity's customer), and (ii) providing Supplier with
reasonable written notice (including email) that a customer of Purchaser or such
Purchaser Affiliated Entity requires CCTV Products which Supplier is unable to
manufacture or source from third parties. Such procurement from alternative
sources shall be Purchaser's sole remedy in the event Supplier is unable to
supply CCTV Products to Purchaser.

         (c) Notwithstanding anything to the contrary in this Agreement, the
terms of this Agreement shall not apply with respect to the Sellers' purchase of
products in connection with the Excluded Businesses.

3. TERM.

                                       3
<PAGE>

         This Agreement is effective from the date hereof and shall continue for
an initial period of twenty-four (24) months. Upon the written consent of Ultrak
and Supplier given at least ninety (90) days prior to the end of the
then-applicable period, this Agreement shall renew for successive one (1) year
periods. The initial period and all renewal periods shall be referred to as the
"Term" of this Agreement.

4. PRICING OF CCTV PRODUCTS.

         Prices for purchases of CCTV Products by Purchaser shall be as set
forth on Appendix A.

5. PAYMENT.

         Purchaser shall make payment to Supplier for CCTV Products within 30
days after shipment in United States dollars by wire transfer or check written
upon a United States money center bank subject to collection; provided, however,
in the event Purchaser shall fail to honor such payment terms with respect to
any shipment by Supplier, Supplier may thereafter sell upon such shorter or
other payment terms, including shipment against letter of credit, consistent
with Supplier's credit practices then in effect.

6. SHIPMENT.

         (a) Supplier shall use commercially reasonable efforts consistent with
Supplier's practices for its other significant customers to promptly deliver
CCTV Products to Purchaser in accordance with the terms of the Purchase Order.
Shipment of such CCTV Products will be made to Purchaser, to the extent
commercially reasonable, from Supplier's nearest source of such CCTV Products.

         (b) Supplier shall effect shipments by any ground transportation,
vessel or airfreight of any flag at any port or airport in the country of
Supplier's plant point of shipment. The delivery terms for all shipments shall
be FOB Supplier's plant point of shipment (as defined in the Uniform Commercial
Code of the State of Delaware). Title to and risk of loss or damage to all or
any part of CCTV Products shall pass to Purchaser upon delivery of CCTV Products
to the carrier for shipment.

         (c) All costs of shipping, transporting and/or insuring CCTV Products,
including all applicable stamp, duties, tariffs and similar import and export
charges, and all sales and use taxes, VAT and any other transfer taxes, shall be
paid by Purchaser.

         (d) Supplier shall be responsible for all franchise, income and similar
taxes imposed on or assessed to Supplier as a result of fulfillment of its
obligations under this Agreement.

7. INSPECTION.

         Upon arrival of the CCTV Products to the point of destination,
Purchaser shall inspect CCTV Products under such shipment. Claims for shortages,
incorrect materials or invoicing

                                       4
<PAGE>

errors must be made by Purchaser to Supplier within fifteen (15) days of the
arrival of the CCTV Products to the point of destination. In the event of any
such shortages, incorrect materials or invoicing errors, Purchaser shall follow
the procedure set forth in Appendix C attached hereto and shall be limited to
the remedies set forth in Appendix C.

8. SPECIFICATIONS AND TECHNICAL DOCUMENTS.

         CCTV Products to be supplied by Supplier to Purchaser under this
Agreement shall be in accordance with the specifications to be agreed by the
parties at the time of invoicing. Purchaser may provide specification
requirements for countries outside of the United States, and at Purchaser's
written request, Supplier will use its best efforts to provide assistance in
obtaining all necessary approvals (any expenses including obtaining such
approvals to be borne by Purchaser).

9. LIMITED WARRANTY.

         (a) Supplier shall grant to Purchaser a limited warranty in accordance
with its customary product warranty policies in effect as of the day a CCTV
Product is shipped to Purchaser (the "Limited Warranty"). Notwithstanding
anything to the contrary in this Agreement, the Limited Warranty shall not apply
with respect to CCTV Products manufactured or acquired by Ultrak or any
Purchaser Affiliated Entity prior to the date hereof.

         (b) Purchaser shall be entitled to offer, as an exclusive limited
warranty to Purchaser's customers, the Limited Warranty. Purchaser covenants and
agrees not to make or offer any other warranty with respect to CCTV Products
unless Purchaser retains full responsibility for such additional warranty.

         (c) EXCEPT FOR ANY LIMITED WARRANTY TO BE GRANTED IN ACCORDANCE WITH
SUPPLIER'S CUSTOMARY PRODUCT WARRANTY POLICIES IN EFFECT AS OF THE DAY A CCTV
PRODUCT IS SHIPPED TO PURCHASER, SUPPLIER SHALL NOT, AND DOES NOT, GRANT ANY
OTHER WARRANTIES, EXPRESS OR IMPLIED, BY STATUTE OR OTHERWISE, REGARDING CCTV
PRODUCTS, THE FITNESS FOR ANY PURPOSE, THE QUALITY, THE MERCHANTABILITY, OR
OTHERWISE AND DISCLAIMS ANY LIABILITY WITH RESPECT TO CCTV PRODUCTS.

         (d) In the event a CCTV Product under the Limited Warranty is found to
be defective by the Purchaser, Purchaser shall follow the procedures shown in
APPENDIX C for return or replacement of the defective CCTV Product, which shall
serve as Purchaser's exclusive remedy.

         (e) LIABILITY OF EACH PARTY IN CONNECTION WITH THIS AGREEMENT SHALL BE
LIMITED TO THE RECOVERY OF DIRECT DAMAGES, AND NEITHER PARTY SHALL BE LIABLE TO
THE OTHER PARTY OR ANY PERSON OR ENTITY FOR ANY INDIRECT, SPECIAL, PUNITIVE,
EXEMPLARY, INCIDENTAL OR CONSEQUENTIAL DAMAGES, ANY DAMAGES RESULTING FROM LOSS
OF GOODWILL, ANY PENALTIES OF ANY KIND, ANY LOSS OF PROFITS OR ANY OTHER
ECONOMIC LOSS, WHETHER OR NOT FORESEEABLE,

                                       5
<PAGE>

TO ANY PERSON, PROPERTY OR ENTITY, IN CONNECTION WITH OR ARISING OUT OF THE
FURNISHING, PERFORMANCE OR USE OF THE CCTV PRODUCTS, WHETHER GROUNDED IN
CONTRACT, TORT (INCLUDING NEGLIGENCE), ANY THEORY OF STRICT LIABILITY OR
OTHERWISE. A PARTY'S LIABILITY ON ANY CLAIM, WHETHER GROUNDED IN CONTRACT, TORT
(INCLUDING NEGLIGENCE), ANY THEORY OF STRICT LIABILITY OR OTHERWISE, OF ANY KIND
FOR ANY LOSS OR DAMAGE ARISING OUT OF OR IN CONNECTION WITH OR RESULTING FROM
THIS AGREEMENT OR THE PERFORMANCE OR BREACH HEREOF OR THE CCTV PRODUCTS OR THEIR
PERFORMANCE OR USE IS LIMITED SOLELY AND EXCLUSIVELY TO THE REMEDIES PROVIDED IN
THIS AGREEMENT AND NO OTHER RIGHT OR REMEDY WILL BE AVAILABLE TO ANY PERSON OR
ENTITY. FOR PURPOSES OF CLARIFICATION, THE PARTIES ACKNOWLEDGE AND AGREE THAT IN
THE CASE OF INDEMNIFICATION FOR ANY THIRD PARTY CLAIMS UNDER THIS AGREEMENT,
DIRECT DAMAGES SHALL INCLUDE ALL AMOUNTS PAYABLE IN SETTLEMENT OF SUCH CLAIM OR
TO SATISFY A FINAL JUDGMENT ENTERED THEREON.

10. GOVERNMENTAL REGULATIONS.

         Purchaser shall not knowingly sell any CCTV Product to any person for
use in any country to whom or for which export or sale of such product is
restricted by any law or regulation of the United States or any agency thereof,
and Purchaser shall comply with all applicable export and sale laws in each
applicable jurisdiction.

11. CONFIDENTIALITY.

         Neither Supplier nor Purchaser shall divulge to a third party any
confidential or proprietary information of the other that may have become known
as a result of the performance of this Agreement. This confidentiality
obligation shall continue for a period of five (5) years after termination of
this Agreement.

12. SHIPMENTS AFTER TERMINATION.

         The obligations of Supplier to deliver and Purchaser to purchase any
CCTV Product in accordance with purchase orders exchanged prior to the
termination of this Agreement shall survive such termination of this Agreement,
and such purchase and sale shall occur in accordance with the terms and
conditions hereof.

13. CERTAIN REPRESENTATIONS OF PURCHASER.

         Appendix B sets forth as of the date hereof an accurate and complete
list of (x) all bids and proposals submitted by Purchaser prior to the date
hereof to any Person involving in anyway the sale of CCTV Products and (y) all
unfilled orders for the purchase of CCTV Products in existence as of the date
hereof in respect of which Purchaser is required to make delivery on or after
the date hereof.

                                       6
<PAGE>

14. NOTICES.

         All notices, requests, demands and other communications under this
Agreement must be in writing and will be deemed to have been duly given or made
as follows: (a) if sent by registered or certified mail in the United States
return receipt requested, upon receipt; (b) if sent by reputable overnight air
courier two (2) business days after mailing; (c) if sent by facsimile
transmission, with a copy mailed on the same day in the manner provided in (a)
or (b) above, when transmitted and receipt is confirmed by telephone; or (d) if
otherwise actually personally delivered, when delivered, and shall be delivered
as follows:

                  If to Purchaser:

                  Ultrak, Inc.
                  1301 Waters Ridge Drive
                  Lewisville, Texas  75057
                  Attention: General Counsel
                  Facsimile: 972-353-6654

                  with a copy to:

                  Gardere Wynne Sewell LLP
                  1601 Elm Street, Suite 3000
                  Dallas, Texas  75201-4761
                  Attention:  Richard L. Waggoner, Esq.
                  Facsimile:  (214) 999-3510

                  If to Supplier:

                  Honeywell International Inc.
                  Security & Fire Solutions
                  165 Eileen Way
                  Syosset, New York  11791
                  Attention: Ed Freeman
                  Facsimile: 516-364-5344

                  with a copy to:

                  Honeywell International Inc.
                  Security & Fire Solutions
                  165 Eileen Way
                  Syosset, New York  11791
                  Attention: General Counsel
                  Facsimile: 516-364-5344

or to such other address or to such other Person as either party may have last
designated by notice to the other party.

                                       7
<PAGE>

15. ARBITRATION.

         Supplier and Purchaser shall discuss mutually and make the best effort
to resolve any dispute under this Agreement. In the event such negotiations are
not successful within thirty (30) calendar days, all disputes, controversies or
differences which may arise between the parties hereto, out of or in relation to
or in connection with this Agreement, or the breach thereof, shall be finally
settled by arbitration. Within ten (10) calendar days after receipt of written
notice from one party that it is submitting the matter to arbitration, each
party shall designate in writing one arbitrator to resolve the dispute who
shall, in turn, jointly select a third arbitrator within twenty (20) calendar
days of their designation, with the third arbitrator to be selected in
accordance with the procedure established by the American Arbitration
Association. The arbitrators so designated shall each be a lawyer experienced in
commercial and business affairs who is not an employee, consultant, officer or
director of any party hereto or any Affiliate of any party to this Agreement and
who has not received any compensation, directly or indirectly, from any party
hereto or any Affiliate of any party to this Agreement during the two (2) year
period preceding the date of this Agreement. The arbitration shall be governed
by the rules of the American Arbitration Association; provided, however, that
the arbitrators shall have sole discretion with regard to the admissibility of
evidence. The arbitrators shall use their best efforts to rule on each disputed
issue within thirty (30) calendar days after the completion of the hearings. The
determination of the arbitrators as to the resolution of any dispute shall be
binding and conclusive upon all parties hereto. All rulings of the arbitrators
shall be in writing, with the reasons for the ruling given, and shall be
delivered to the parties hereto. Each party shall pay the fees of its respective
designated arbitrator and its own costs and expenses of the arbitration. The
fees of the third arbitrator shall be paid fifty percent (50%) by each of the
parties. Any arbitration pursuant to this Section 15 shall be conducted in
Dallas, Texas. Any arbitration award may be entered in and enforced by any court
having jurisdiction thereof and the parties hereby consent and commit themselves
to the jurisdiction of the courts of any competent jurisdiction for purposes of
the enforcement of any arbitration award. Any party may seek from any court
interim or provisional relief that is necessary to protect the rights or
property of that party, pending the appointment of the arbitrator or pending the
arbitrator's determination of the merits of the controversy. None of the parties
shall be required to use the foregoing procedures to enforce the provisions of
Section 15 of this Agreement.

16. WAIVER.

         No delay or failure of any party in exercising any right, power or
remedy hereunder shall operate as a waiver thereof, nor shall any single or
partial exercise of any such right, power or remedy preclude other or further
exercise thereof or the exercise of any other right, power or remedy.

17. SEVERABILITY.

         If under any applicable and binding law or rule of any applicable
jurisdiction, any provision of this Agreement is held to be invalid or
unenforceable, the invalid or enforceable provision, or any portion thereof,
shall be modified to the extent required to be valid and enforceable and the
remaining provisions of this Agreement will continue to be given full force and
effect.

                                       8
<PAGE>

18. GOVERNING LAW.

         This Agreement will be construed, performed and enforced in accordance
with the laws of the State of Delaware without giving effect to its principles
or rules of conflict of laws thereof to the extent such principles or rules
would require or permit the application of the laws of another jurisdiction. The
parties expressly agree that the U.N. Convention on International Sales of Goods
shall not apply.

19. CHOICE OF VENUE.

         (a) Subject to the limitations set forth in Section 15 above, the
parties agree that the venue for any action, injunctive application or dispute
determinable by a court of law arising out of or relating to this Agreement
shall be in the State of Delaware and that the Federal and state courts therein
shall have exclusive jurisdiction over the subject matter of such action and the
parties hereto. Each of the parties hereby irrevocably and unconditionally
submits, for itself and its property, to the exclusive jurisdiction of any
Delaware State court or Federal court of the United States of America sitting in
Delaware, and any appellate court from any thereof, in any action or proceeding
arising out of or relating to this Agreement or the transactions contemplated by
this Agreement or for recognition or enforcement of any judgment relating to
this Agreement, and each of the parties hereby irrevocably and unconditionally
agrees that all claims in respect of any such action or proceeding may be heard
and determined in such Delaware State court or, to the extent permitted by law,
in such Federal court. Each of the parties agrees that a final judgment in any
such action or proceeding will be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by law.

         (b) Each party to this Agreement irrevocably consents to service of
process in the manner provided for notices in Section 14. Nothing in this
Agreement will affect the right of any party to this Agreement to serve process
in any other manner permitted by law.

20. ENTIRE AGREEMENT.

         This Agreement constitutes the entire Agreement between the parties
hereto with respect to the subject matter hereof and supersedes all provisions,
negotiations, agreements and commitments in respect thereto, and shall not be
released, discharged, changed or modified in any manner except by instruments
signed by duly authorized officers or representatives of each of the parties
hereto.

21. SUCCESSORS AND ASSIGNS.

         This Agreement will be binding upon and inure to the benefit of the
parties and their respective successors and permitted assigns, but will not be
assignable, by operation of law or otherwise, by any party without the prior
written consent of the other party and any purported assignment or other
transfer will be void and unenforceable; provided, however, that the Supplier
may assign this Agreement in whole or in part or any of its rights hereunder
without Purchaser's consent to one or more of its Affiliates or to any purchaser
of Supplier's CCTV Products business; and provided further, however, that in the
event Purchaser shall sell or transfer the assets or business of Purchaser which
utilizes CCTV Products or purchases CCTV Products from

                                       9
<PAGE>

Supplier, Purchaser shall cause the buyer or transferee of such assets or
business to assume the obligations of Purchaser hereunder.

22. LANGUAGE.

         This Agreement, all purchase orders and all notices required or given
hereunder or in connection with this Agreement shall be in the English language.
No translation into other language shall be taken into consideration in the
interpretation of this Agreement and the binding version of all of the foregoing
shall be the English version.

23. COUNTERPARTS.

         This Agreement may be executed in counterparts, both of which will
constitute one and the same instrument.

24. FORCE MAJEURE.

         Supplier shall bear no responsibility or liability for any losses
arising out of any delay, inability to perform or interruption of its
performance of obligations under this Agreement due to any acts or omissions of
the Purchaser or for events beyond its reasonable control (hereinafter referred
to as "Force Majeure") including, without limitation, acts of God, act of
governmental authority, act of the public enemy or due to war, riot, flood,
civil commotion, insurrection, labor difficulty, severe or adverse weather
conditions, lack of or shortage of electrical power, malfunctions of equipment
or software programs or any other cause beyond the reasonable control of
Supplier whose performance is affected by the Force Majeure event. Supplier
shall immediately notify the Purchaser of the onset, extent and probable
duration of such circumstances and if the Supplier is unable to remove such
causes within thirty (30) days, the Purchaser may, upon written notice,
terminate this Agreement.

25. RELATIONSHIP OF THE PARTIES.

         The relationship of the parties shall be that of independent
contractors and not as employees, agents, representatives or partners.

26. DESIGNATION OF CONTACT(s).

         Purchaser and Supplier each shall designate a primary and secondary
individual as its contact(s) with the other party. All contact between the
parties with respect to this Agreement shall be through the designated contacts.
Any party may replace its contact(s) with other individuals upon written
notification to the other party, provided that such individuals first comply
with the provisions of this Section 26.

27. SURVIVAL. Sections 9, 10, 11, 12, 14, 15, 16, 17, 18 and 19 shall survive
the signing, delivery and termination of this Agreement.

                                       10
<PAGE>

             IN WITNESS WHEREOF, the parties hereto have caused this CCTV
Products Supply Agreement to be signed and sealed by their duly authorized
officer or representative as of the date first above written.

<Table>
<Caption>
<S>                                                        <C>
Purchaser:                                                 Supplier:

ULTRAK, INC.                                               PITTWAY CORPORATION

By: /s/ Chris Sharng                                       By: /s/ Thomas F. Larkins
   ----------------------------------------------              ------------------------------------------------
   Name:  Chris Sharng                                         Name:  Thomas F. Larkins
   Title: Senior Vice President, Chief                         Title: Assistant Secretary
          Financial Officer and Secretary
</Table>

<PAGE>

                                   APPENDIX A

                                     PRICES

Purchaser and Supplier agree that prices for all sales of CCTV Products from
Supplier to Purchaser shall be as follows:

<Table>
<Caption>
               Type of Product                                Price
--------------------------------------          ----------------------------------------
<S>                                             <C>
CCTV Products currently sold under              Purchaser shall pay Supplier an amount
 the Ultrak brand name and any                  equal to (1) the Gross Margin Price and
future CCTV Products sold                       (2) 50% of the Excess Margin, if any.
under the Ultrak brand name
(or any successor brand names)                  As used herein,
("Ultrak Branded Products")
                                                "Components Supplier" means any
                                                third party who supplies
                                                components or other materials
                                                used in Ultrak Branded Products
                                                to Supplier including all third
                                                party suppliers who supplied the
                                                Business with components and
                                                parts on or prior to the Closing
                                                Date (i.e. Hitron or LeeMAH)

                                                "Excess Margin" means the
                                                aggregate price for a CCTV
                                                Product invoiced to a customer
                                                of Purchaser (the "Invoice
                                                Price") less (x) 10% of the
                                                Invoiced Price and (y) the Gross
                                                Margin Price.

                                                "Fully Landed Cost" means
                                                Supplier's factory cost to
                                                manufacture a relevant CCTV
                                                Product including (x) direct and
                                                indirect factory labor, (y)
                                                materials and (z) factory
                                                overhead allocated in accordance
                                                with Supplier's corporate
                                                allocation policies (but,
                                                excluding any corporate,
                                                administrative or headquarter's
                                                allocation).

                                                "Gross Margin Price" means
                                                Supplier's invoiced price from
                                                the relevant Components Supplier
                                                or Supplier's Fully Landed Cost,
                                                as the case may be, divided by
                                                0.80.
</Table>

<PAGE>

<Table>
<S>                                             <C>
CCTV Products currently sold under              Purchaser shall pay Supplier an amount equal
the Ademco Video brand name and any             to Supplier's ADI Price (i.e the price at
future CCTV Products sold under the             which Supplier sells the same Ademco Branded
Ademco Video brand name (or any                 Product to ADI.
successor brand names) whether
manufactured by Supplier or supplied
by third parties ("Ademco Branded
Products")

All other CCTV Products not                     Purchaser shall pay Supplier an amount equal
described above purchased by Supplier           to the greater of (a) Supplier's list price
from third parties for sale                     for the relevant CCTV Product less 52% of
through Supplier's ADI distribution             such list price or (b) Supplier's cost for
enterprise (i.e. Sony, Panasonic,               such CCTV Product.
Pelco, etc.)
</Table>

<PAGE>

                                   APPENDIX B

                 PRE-CLOSING BIDS AND UNFILLED PRE-CLOSING SALES

<PAGE>

                                   APPENDIX C

                          PRODUCT RETURN/REPAIR POLICY

1.       Purchaser will test and confirm the defective or non-operational status
         of CCTV Products.

2.       Within fifteen (15) days of receipt, Purchaser will notify Supplier
         about any claim for shortages, incorrect materials or invoicing error,
         or the occurrence of defective or non-operational CCTV Products and
         request a "Return Authorization Number" from the Supplier for the items
         they would like to return for repair (hereinafter referred to as "RA#")
         or replacement by e-mail to the attention of the Customer Service
         Manager. This RA# is to be used for all correspondence and shipping
         documents that relate to the associated CCTV Product.

3.       Supplier will either send a replacement CCTV Product or credit the
         price after checking the contents returned under the RA#. The
         replacement CCTV Products can be shipped together with the next order
         shipment by Purchaser's request. If it is necessary, Supplier can
         request Purchaser an additional test or further confirmation of
         operational status. Purchaser is responsible for shipping costs of
         replacement CCTV Products to the Purchaser.

4.       Purchaser will ship the defective or non-operational CCTV Products to
         Supplier regularly. Supplier is responsible for shipping cost.

5.       Purchaser will inform Supplier to the attention of the Customer Service
         Manager of an itemized list of all CCTV Products returned in each
         shipment.

6.       Upon receipt of the returned CCTV Product, Supplier will test the CCTV
         Product to verify the defective or non-operational status and
         communicate such results to the Purchaser.

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