Stereotaxis
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S-1/A
STEREOTAXIS, INC. filed this Form S-1/A on 05/12/2004
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ANNEX 5: MAINTENANCE SERVICES AND MAINTENANCE FEES

1. MAINTENANCE SERVICES

Maintenance service covers:

     -    Error correction

     -    Migration to higher versions of Windows compatible operating systems

     -    Migration to higher versions of the DICOM standard in order to
          read/import the actual version of single, static, uncompressed cardiac
          3D DICOM images (CT, MR) 

     -    Vendor-required hardware changes

2. MAINTENANCE FEES

Maintenance service is free for 12 months after sublicensing, as per Article 6
above.

     -    Maintenance fee for one license is [***] E per year.

     -    The above maintenance fees are mandatory for the first three years
          after the one-year period of cost-free maintenance as described in
          article 6.2.

     -    Stereotaxis has the option to extend this pricing after the first
          mandatory 3 years on yearly basis on unchanged conditions (concerning
          maintenance service and maintenance fees) through no less than the end
          of the original six (6) year period of the Term.

3. HOURLY SERVICE

     -    If maintenance service is required due to an event at an End-user site
          at which no service and maintenance contract is in effect between
          Stereotaxis and Siemens (i.e. if the maintenance contract is not
          prolonged after the 3 years of mandatory maintenance), Siemens will
          provide this service to Stereotaxis at an hourly rate of [***] E. This
          service will be provided by Siemens through any of its Affiliates
          deemed to be appropriate by Siemens. This price shall be fixed until
          the end of the original six (6) year period of the Term and subject to
          renegotiation thereafter.

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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