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Title: |
Agreement |
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Entities: |
HealtheTech, Inc.; Sensors for Medicine and Science, Inc.; Healthetech Inc |
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Date: |
2003 |
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Size: |
5KB total |
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Price: |
$35 |
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ID: |
#150581 |
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AGREEMENT
THIS AGREEMENT is effective as of November 7, 2001 (the Effective Date) by and between HealtheTech, Inc., a Delaware corporation with offices located at 523 Park Point Drive, Golden, Colorado 80401 (HET), and Sensors for Medicine and Science, Inc., a Delaware corporation having offices at 12321 Middlebrook Road, Suite 210, Germantown, Maryland 20874 (SMSI).
WHEREAS, HET and SMSI are parties to a License Agreement dated August 17, 1999 and subsequently amended on October 30, 1999 and March 31, 2000 (collectively hereinafter the 1999 Agreement), relating to the development and use of oxygen sensor technology; and
WHEREAS, SMSI has performed various engineering and development services for HET in the years 2000 and 2001 relating to oxygen sensor technologies, wherein the scope of said services are agreed by the parties to be outside the original contemplated scope of development services contemplated by the 1999 Agreement (Additional Development Services), and wherein such services are not or have not been specifically reimbursable pursuant to any other purchase order issued by HET, and the parties wish to resolve any differences as to the value of, and remuneration for, said Additional Development Services, under the terms and conditions herein;
NOW, THEREFORE, in consideration of the promises and agreements set forth herein, the parties, each intending to be legally bound hereby, do agree as follows.
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