NXXI Inc (fka NXXIQ)

[marjolein]

Payment by GNC

Within three (3) business days of the delivery to Gardere Wynne Sewell, LLP of a fully executed copy of the Agreement, GNC will pay Nutrition 21, LLC the sum of Two Million Six Hundred Thousand Dollars ($2,600,000.00) by wire transfer.

Purchase of Chromax by GNC

In each of calendar years 2007 and 2008, GNC will purchase from Nutrition 21 a minimum of Thirty Thousand (30,000) bottles of Nutrition 21 brand Chromax® Standalone Chromium Picolinate products at a price of $9.75 per bottle. Unless otherwise agreed by the Parties, the bottles of these products will contain capsules having any or all of the following amounts of chromium as Chromium Picolinate and capsule counts: 200 mcg/90 ct; 400 mcg/75 ct; and, 500 mcg/60 ct. At a minimum, GNC will place orders by January 31, 2007 for delivery of 15,000 bottles. GNC will pay for at least one-half of its 2007 commitment by March 31, 2007 and pay the balance by September 30, 2007. GNC will pay for at least one-half of its 2008 commitment by March 31, 2008 and pay the balance by September 30, 2008.