Contract
Exhibit 10.6
DDS HOLDINGS, INC.
000 Xxxx Xxxxxxxx Xxxx Xxxx, Xxxxx 000
Xxxx Xxxxx, Xxxxxxx 00000
December 5, 2002
DDS Technologies Ltd.
c/o Studio Vinti & Associates
Xxxxxxx X. Xxxxxxx
Xxx Xxxxxx, 00
00000 Xxxx, Xxxxx
Gentlemen:
This letter is intended to confirm in writing the understandings and agreements of DDS Technologies Ltd. ("DDS Technologies") and DDS Holdings, Inc. ("DDS Holdings") with respect to the modification of the License Agreement entered into on August 29, 2002 by and among DDS Technologies and DDS Holdings (the "License Agreement").
It is understood by DDS Technologies and DDS Holdings that neither party is required to obtain product liability insurance, in the amount and manner required by Section 15 of the License Agreement, until the first sale of the licensed technology by DDS Holdings, Inc. is completed.
If the foregoing correctly sets forth our understandings and agreements, please so confirm by signing below and returning a copy to Xxxxxxx Xxxx, LLP.
Very truly yours,
DDS Holdings, Inc.
|
|
By:______________________ |
| Name: Xxx Xxxxxxxxxx | |
| Title: President |
ACCEPTED, AGREED, CONFIRMED
DDS Technologies, Ltd.
_________________________________
Name: Xxxxxxx Xxxxxx
Title: President, DDS Technologies, Ltd.
