TRIDEX CORPORATION

   1

                                                                 EXHIBIT - 10.2


                      AMENDMENT TO PLAN OF REORGANIZATION

        THIS AMENDMENT (the "Amendment") is entered into by and among Tridex
Corporation, a Connecticut corporation with executive offices at ▇▇ ▇▇▇▇▇▇
▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ("Tridex"), Magnetec Corporation, a Connecticut
corporation ("Magnetec") and TransAct Technologies Incorporated, a Delaware
corporation ("TransAct") each with executive offices at ▇ ▇▇▇▇▇ ▇▇▇▇,
▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇;

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

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

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

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

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

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

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

                                  TRIDEX CORPORATION

                                  
                                  By: /s/   ▇▇▇▇ ▇. ▇▇▇▇▇▇
                                     ---------------------------
                                     Title: ▇▇▇▇ ▇. ▇▇▇▇▇▇, Chairman 
                                     and Chief Executive Officer

                                  MAGNETEC CORPORATION

                                  
                                  By: /s/   ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
                                     ---------------------------
                                     Title: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ 
                                            President

                                  TRANSACT TECHNOLOGIES INCORPORATED

                                  
                                  By: /s/   ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
                                     ---------------------------
                                     Title: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ 
                                            President and Chief
                                            Executive Officer