June 18, 2008 Trevor McKee Director of Sales & Marketing, Norwood Packaging Ltd.
EXHIBIT 4.l
June 18, 2008
Xxxxxx XxXxx
Director of Sales & Marketing,
Xxxxxxx Packaging Ltd.
0000 – 000xx Xxxxxx, Xxxxxx, XX, X0X 0X0
Dear Xx. XxXxx:
By mutual agreement, both XXXX Pharmaceuticals Corp. (“XXXX”) and Xxxxxxx Packaging Ltd. (“Xxxxxxx”) agree to waive the 90 day notice period required in Paragraph 18.a of the agreement dated September 29, 2005 between XXXX and Xxxxxxx and to terminate the agreement, effective on the date this letter is signed by Xxxxxxx.
For future orders, XXXX will provide Xxxxxxx with purchase orders and pay Xxxxxxx according to the standard payment terms that Xxxxxxx provides to its other customers.
XXXX will arrange to have XXXX’x inventory removed from Xxxxxxx’x premises 7 business days after the letter is signed by Xxxxxxx.
We appreciate the consideration provided to XXXX by Xxxxxxx and we look forward to continuing to work with you.
Sincerely yours,
“Xxxxxxxx Xxxx”
Xxxxxxxx X. Xxxx, Ph.D., M.B.A.
President & CEO
The undersigned has read, understood, acknowledges and agrees with the foregoing and accepts the terms and conditions set out in this letter.
DATED this 18th day of June , 2008.
Xxxxxxx Packaging Ltd.
Per:
“Xxxxxx XxXxx”
Director of Sales and Marketing
000 Xxxxxxxx Xxxxxx – Xxx Xxxxxxxxxxx, XX X0X 0X0 Xxxxxx - telephone [604] 521.8300 - facsimile [604] 521.8322
xxx.xxxxxxxx.xxx