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EXHIBIT 10.11
TERMINATION AGREEMENT
This Termination Agreement, effective as of September 1, 1997, is entered
into by and between ConSyGen, Inc., a Texas corporation ("ConSyGen-Texas"), and
Carriage House Capital, Inc., a corporation with a principal place of business
in Tempe, Arizona ("Carriage House").
WHEREAS, Carriage House and ConSyGen-Texas are party to a certain letter
agreement dated May 19, 1997, which the parties wish to terminate, effective as
of September 1, 1997.
WHEREAS, the parties hereto wish to terminate any and all other agreements
between the parties and their respective affiliates.
NOW THEREFORE
The parties hereto, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, do hereby agree as follows:
1. TERMINATION OF AGREEMENTS. All agreements between Carriage House and/or its
affiliates (together "CHC"), on the one hand, and ConSyGen-Texas and/or its
wholly-owned subsidiary, ConSyGen, Inc., a Arizona corporation, and their
respective affiliates (together, the "Company"), on the other hand, including,
without limitation, that certain letter agreement between Carriage House and
ConSyGen-Texas are hereby terminated, and neither CHC nor the Company shall have
any further liability under any such agreements.
CONSYGEN, INC. (a Texas Corporation)
By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx, Chairman
CARRIAGE HOUSE CAPITAL, INC.
By: /s/ Xxxxxx Xxxx
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Xxxxxx Xxxx, President
