UNIVERSITY OF WASHINGTON SEATTLE, WASHINGTON 98195-6613 Office of Research Grant and Contract Services September 30, 1997 Richard Raisig Chief Financial Officer Microvision, Inc. 2203 Airport Way South, Suite 100 Seattle, WA 98134 Sent via Fix to #623-7331 (original sent by mail) Subject: No Cost Time Extension of the Research Agreement Between the University of Washington and Microvision Dear Mr. Raisig: This is in reference to University of Washington letters of July 28, 1997 and August 22, 1997 requesting a no cost extension until March 31, 1998. During our telephone conversation last week, you asked me to fax you our unexpended balance. In addition, you requested our unobligated balance which reflects obligations incurred, but not yet posted on the official accounting record. The unexpended balance as of September 29, 1997 is $605,106. This figure does not reflect the payroll for the last half of September and other obligations incurred by Dr. Furness. When considering all obligations (encumbrances) on the program, the unencumbered balance as of September 30, 1997 is $537,919. Dr. Furness anticipates that an extension of the contact to March 31, 1998 would enable him to complete the ongoing projects. He anticipates that the remaining funds would be used by March 31, 1998. -1- I am requesting that you approve our request by signing this letter. Please send your approval to my attention. Thank you. Sincerely, /s/ Donald W. Allen, Director Grant and Contract Services APPROVED for Microvision, Inc. /s/ Richard A. Raisig Chief Financial Officer -2-