Amendment No 2B to Distribution Agreement
Exhibit 10.4
Amendment No 2B to Distribution Agreement
This
Amendment No. 2B to Distribution Agreement is entered into effective as of July 8, 2008
(“Amendment Date”) between Inverness Medical Innovations North America, Inc. (“Inverness”), a
Delaware corporation having a place of business at 00 Xxxxx Xxxxxx Xxxx, Xxxxxxx. Xxxxxxx 00000
(as successor by assignment from Biosite Incorporated effective April 1, 2008), and Xxxxxx
HealthCare, a Division of Xxxxxx Scientific Company, L.L.C. (“FHC”), having a place of business at
0000 Xxxxxxxx Xxxxxxxx Xxxxx, Xxxxxxx, Xxxxx 00000 and amends the Distribution Agreement between
the parties dated January 1, 2006 (as amended, the “2006 Distribution Agreement”).
The parties mutually agree to amend the 2006 Distribution Agreement through this Amendment
No. 2 on the terms and conditions below as follows:
1. Defined Terms. Any defined terms in this Amendment shall have the same meaning
designated in the 2006 Distribution Agreement unless otherwise expressly provided in this
Amendment.
2. Extension of Non-Renewal Notice Period. Both parties agree that effective July 8,
2008 Section 6(a)(i) is hereby replaced it in its entirety with the following:
“(i)
unless Inverness, in Inverness’s sole discretion, gives notice of non-renewal to FHC on
or before 11:59 PM Eastern Daylight Time July 11, 2008, this 2006 Distribution Agreement
automatically shall be extended for a period of one (1) year following the expiration of the
Initial Term (the “First Extended Term”), and”
3. Miscellaneous. Except as otherwise expressly modified by this Amendment, the 2006
Distribution Agreement shall remain in full force and effect in accordance with its existing terms. This
Amendment may be executed in two or more counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument. In witness of their agreement to
the foregoing terms, the authorized representatives of each party have executed this Amendment
effective as of the Amendment Date.
Inverness Medical Innovations North America, Inc. | Xxxxxx HealthCare | |||||||
By:
|
/s/ Xxx Xxxxxxxxx | By: | /s/ Xxxxxx Xxxxxxxx | |||||
Name: |
Xxx Xxxxxxxxx | Name: | Xxxxxx Xxxxxxxx | |||||
Title: |
Chief Executive Officer | Title: | President | |||||
Date: |
7/8/08 | Date: | 8 July 2008 | |||||
By: |
/s/ Xxxxx Xxxxxxxx | |||||||
Name: |
Xxxxx Xxxxxxxx | |||||||
Title: |
Secretary | |||||||
Date: |
7/8/08 |