ASSIGNMENT OF RIGHTS UNDER FINANCING AGREEMENTS
This confirms that, in consideration of various agreements entered into
concurrently herewith, Sanga International, Inc. and Sanga USA, Inc. ("Sanga
Group") hereby sell, assign, transfer and give up in favor of MedTech, Inc.
all right, title and interest under or with respect to all of Sanga Group's
contractual rights and privileges arising from Sanga Group's agreements with
Advanced Reproductive Care, Xxxx Xxxxxxxxxx Cancer Research Center, Meridian
Group, National Century Financial Enterprises, Inc., any affiliates or
subsidiaries of National Century Financial Enterprises, Inc. and any other
existing client of the Sanga Group doing business in the health care industry
(collectively "HealthCareClients"). In order to carry this assignment into
effect, MedTech, Inc. -- within its sole and absolute discretion -- is
entitled to negotiate and execute any amendments to the existing agreements
with the HealthCareClients and/or MedTech, Inc. is entitled to execute new
agreements with the HealthCareClients.
This Agreement is executed this 23rd day of January 1999.
SANGA INTERNATIONAL, INC.
By:/s/ Xxxx X. Xxxxxxx
Xxxx X. Xxxxxxx
President and CEO
SANGA USA, INC.
By:/s/ Xxxx X. Xxxxxxx
Xxxx X. Xxxxxxx
President and CEO
This Agreement is accepted this 23rd day of January 1999.
MEDTECH, INC.
By:/s/ Xxxx X. Xxxxxxx
Xxxx X. Xxxxxxx
President
