Exhibit 10.01
August 16th, 2004
International Marketing Agreement
Official Termination Letter
Between: SOTA Instruments Inc. ("SOTA"), and
Essential Innovations Asia Limited ("EIAL"), and
Essential Innovations Technology Corp. ("EITC")
To: Xxxxxxx Xxxxxxx
President, SOTA
From: Xx. Xxxxx XxXxxxxxx
President/CEO, EIAL and EITC
Re: Termination and Cancellation of the International Marketing
Agreement, (the "Agreement") originally dated April 9th, 2002
It is hereby agreed between SOTA Instruments Inc., Essential Innovations Asia
Limited and Essential Innovations Technology Corp. that as of the date of this
letter of August 16th, 2004, the International Marketing Agreement dated April
9th, 2002, shall officially be terminated.
In cancellation of the Agreement, all parties wish to sincerely express to each
other their gratitude in having worked together over the last couple of years,
and to be clear about the fact that the cancellation of this agreement is based
solely on the fact that each of the organizations is going in different
directions with their collective businesses.
By executing this document, SOTA, EIAL and EITC agree to waive any of the 30
and/or 60-day notice provisions required under Section 10 - Clause 10.01 - 10.03
of the Agreement and to thereby willingly terminate the Agreement immediately.
IN WITNESS WHEREOF, XXXX, XXXX and EITC have caused this Agreement to be
executed and delivered by the undersigned duly authorized officers as of the day
and year first above written.
Essential Innovations Asia Limited, and SOTA Instruments Inc.
Essential Innovations Technology Corp.
By: /s/ Xxxxx XxXxxxxxx /s/ Xxxxxxx Xxxxxxx
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Xxxxx XxXxxxxxx, President/CEO Xxxxxxx Xxxxxxx, President
