Stereotaxis
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S-1/A
STEREOTAXIS, INC. filed this Form S-1/A on 05/12/2004
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                                                      Confidential Treatment
                                              Requested by Stereotaxis, Inc.


ANNEX 4: LICENSE FEES

Fee for one license: [***]


Invoices will be issued in Euro.


[*** Indicates portions of this exhibit that have been omitted and filed
separately with the Securities and Exchange Commission pursuant to a request for
confidential treatment.]

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