Exhibit 10.45
Xxxxxxx Xxxxxxx
CEO and President
DNAPrint genomics, Inc.
000 Xxxxxxxx Xxxxxx
Xxxxxxxx, XX 00000
RE: Termination of License Agreement between DNAPrint genomics, Inc.
and The Penn State Research Foundation effective July 25, 2002.
Dear Xx. Xxxxxxx:
DNAPrint genomics, Inc. and The Penn State Research Foundation
(PSRF) entered into a License Agreement effective on July 25, 2002. You notified
us in an email dated February 4, 2004 that you would like to terminate the
License Agreement as soon as possible.
Paragraph 14.1 of the License Agreement states that "LICENSEE shall
have the right to terminate this Agreement at any time on six (6) months' notice
to PSRF, and upon payment of all amounts due PSRF through the effective date of
the termination." However, PSRF and DNAPrint genomics, Inc. agree that the
License Agreement will terminate effective upon the date of last signature
herein and upon the return of the samples described in Appendix B (attached) to
Professor Xxxx Xxxxxxx.
The Pennsylvania State University and the Penn State Research
Foundation look forward to future interaction with DNAPrint genomics, Inc.
Sincerely,
Xxxxxx X. Xxxx
AGREED TO AND ACCEPTED:
DNAPRINT GENOMICS, INC. THE PENN STATE RESEARCH
FOUNDATION
By: By:
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Name: Name:
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Title: Title:
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Date: Date:
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