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EXHIBIT 10.31
October 3, 2000
VIA FAX
(000) 000-0000
Xxxxxxx Xxxxxxx
Chairman and Chief Executive Officer
CellMetrix, Inc.
0000 Xxxx Xxxxxxx Xxxx
Xxxxxxxx, XX 00000 XXX
Dear Xxxxxxx:
This letter confirms the mutual termination of the Patent and Technology License
and Registration Rights Agreement between AccuMed International, Inc.
("AccuMed") and BCAM International, Inc. (renamed CellMetrix, Inc. "CellMetrix")
dated March 29, 2000, as amended by a letter agreement dated August 11, 2000
(the "Agreement"). Such termination was effective as of September 1, 2000.
Section 9.5 of the Agreement specifies the provisions of the Agreement which
survive its termination and remain in full force and effect.
AccuMed International, Inc.
By: /s/ XXXXXX X. XXXXXXXX
------------------------------------------
Xxxxxx X. Xxxxxxxx, Ph.D.
President and Chief Scientific Officer
Agreed and acknowledged:
CellMetrix, Inc.
By: /s/ XXXXXXX XXXXXXX Date: October 3, 2000
------------------------------ ------------------------------
Xxxxxxx Xxxxxxx
Chairman and Chief Executive Officer
(Please return executed confirmation to sender via fax)