EXHIBIT 10.58
Amendment No. 1
To
DEVELOPMENT, LICENSE AND DISTRIBUTION AGREEMENT
This Amendment is made and entered into on September 27, 2001 by and between
MTI Technology Corporation, a Delaware corporation with principal offices at
▇▇▇▇ ▇. ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ("MTI"), and FalconStor, Inc., a
Delaware corporation with principal offices at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇,
▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ("FalconStor") (collectively "Parties"), and amends
the DEVELOPMENT, LICENSE AND DISTRIBUTION AGREEMENT signed by the parties on
September 10, 2001 (the "Agreement").
The parties hereby agree to amend the Agreement as follows:
1. The following Phase I shall be added to the Project Milestones set forth
in Exhibit B "Schedule" of the Agreement:
FIBRE CHANNEL/PRIVATE LABELING DATASENTRY 2.0 SOFTWARE
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# TASK DESCRIPTION FALCONSTOR MTI
(FS)
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Complete build 445/ Alpha 1, QA start testing 9/13
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Deliver Power control boxes to FS (qty. 2) 9/19
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Deliver, install and setup a V40 at FS in Long Island 9/19
NY
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Submit the private label Console Graphics req. 9/28
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Submit Alpha 1/ build 445 release to MTI 9/21
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Deliver reference platform for testing at FS 10/1
(2 servers)
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Verification testing of Alpha 1 unit test. 2 wk. 10/14
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Update the private label Console 10/3
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Perform RCU fail-over unit test for Alpha 1 release 10/4
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QA complete testing of Alpha 1 with V40 10/4
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Submit Alpha 2 release to MTI 10/4
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Update online-help/user guide document and submit 10/4
to FS
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Verification testing of Alpha 2 unit test, 5 wk. 11/8
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QA complete testing of Alpha 2 with V40 10/16
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Beta release of Alpha 2 10/16
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FS Release Candidate 11/8
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MTI X Release 11/12
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FS GA Release 11/16
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MTI GA Release 11/22
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1
ALPHA 2 REQUIREMENTS/DATASENTRY 2.0 SOFTWARE
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# TASK DESCRIPTION MAGNITUDE MTI
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1 Support QLA2300 HBA SS
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2 Support MTI RCU fail-over SS
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3 Develop group snapshot H
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4 Develop Remote Power Control and Logic for HA SS
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5 Fibre Channel Fail-over feature SS
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6 Mixed mode, all AP host & cluster fail-over mode H
select features
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7 Win 2000 cluster support H
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8 Develop CLI for commending fail-back H
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9 Veritas Netbackup support M
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10 Develop Oracle agent for Solaris SS
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11 Develop Oracle agent for Win 2000 M
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12 Develop MS Exchange agent for Win 2000 M
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13 Develop Other Agents for HP, AIX, ... L
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SS = Show Stopper, H = High, M = Medium, L = Low
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed by their duly authorized representatives as of the Effective Date.
FALCONSTOR, INC.
MTI TECHNOLOGY CORPORATION
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ By: /s/ V. S. ▇▇▇▇▇▇▇▇▇▇▇▇
------------------------------- -----------------------------------
Name: ▇▇▇▇▇ ▇▇▇▇▇ Name: V. S. ▇▇▇▇▇▇▇▇▇▇▇▇
----------------------------- ---------------------------------
Title: VP/CFO Title: Sr. V.P. Operations and Services
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Date: 9/28/01 Date: 10/01/01
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