AMENDMENT TO GROUP PURCHASING PROGRAM AGREEMENT
Exhibit
10.1
AMENDMENT
TO
THIS AMENDMENT to the Group Purchasing Program Agreement of October 28,
2004 is made and entered into as of October 20, 2006, by and between Xxxxx
Xxxxxx, Inc., a Delaware corporation (“HSI”)
and VeriChip
Corporation, a Delaware corporation (“VeriChip”).
WITNESSETH:
WHEREAS, VeriChip and HSI are parties to a Group Purchasing Program
Agreement (the “Original
Agreement”);
and
WHEREAS, HSI and VeriChip desire to extend the term of the Original
Agreement.
NOW, THEREFORE, in consideration of the mutual promises and covenants
contained herein, HSI and VeriChip agree as follows:
1. Term
of
Agreement. Section 1 of the Original Agreement is hereby amended by
replacing the words “two (2)
years” with the words
“two
years and three
months.”
2. No
Other
Changes. Except as specifically provided in paragraph 1, all terms
of the Original Agreement shall remain in effect and shall not be modified
hereby, and provisions regarding notices and governing law contained in the
Original Agreement shall apply to this Amendment as well.
IN WITNESS WHEREOF, the Parties have executed this Agreement under seal
effective the date first written above.
XXXXX
XXXXXX, INC. VERICHIP
CORPORATION
By: /s/ Xxxxx X.
Xxxxxxx By:
/s/
Xxxxx
XxXxxxxxxx
Name: Xxxxx X. Xxxxxxx
Xxxxx
XxXxxxxxxx
Title: VP and General
Manager
CEO
Medical
Group
1
