Exhibit 10.2
PATENT APPLICATION ASSIGNMENT
THIS PATENT APPLICATION ASSIGNMENT ("Assignment") is made and entered into
this 31st day of January, 2005 (the "Effective Date") by and between Meditech
Pharmaceuticals, Inc., a corporation duly formed under the laws of the State of
Nevada (hereinafter called the "Assignor") and East West Distributors, Inc., a
corporation duly formed under the laws of the State of Nevada (hereinafter
called the "Assignee").
A. WHEREAS, Assignor owns the following Patent Applications and the
inventions described therein (hereinafter called "the Patent Applications" and
"the Inventions", respectively):
1. US Patent Application 10/343,292, filed January 28, 2003 by Xxxxxx
X. Xxxx
2. US Patent Application 10/096,672, filed March 13, 2002 by Xxxxxx X.
Xxxx;
B. WHEREAS, the Assignee is desirous of acquiring and Assignor is desirous
of assigning all right, title and interest in all of the Patent Applications and
the Inventions;
NOW, THEREFORE, Assignor, for value received, the receipt and adequacy of
which is hereby ackno-wledged, does hereby sell, assign, and convey unto
Assignee all right, title and interest throughout the world in and to the Patent
Applications and the Inventions, this assignment including, but not being
limited to:
a. All patent applications, issued patents, or like protection on said
Inventions made or owned by Assignor or its legal representatives, whether in
the United States of America or any other country or place anywhere in the
world;
b. All substitutions for and divisions, continuations,
continuations-in-part, renewals, reissues, extension, and the like of said
Patent Applications and like grants, including without limitation, those
obtained or permissible under past, present and future laws or statutes;
c. All rights of action on account of past, present and future unauthorized
use of said Inventions and for infringement of said Patent Applications and like
protection;
d. The right of Assignee to file in its name applications for patents and
like protection for said Inventions in any country or countries foreign to the
United States; and
e. All international rights or priority associated with said Inventions,
Patent Applications and like protection.
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Assignor covenants that Assignor, its heirs, legal representatives,
officers, assigns, and administrators, will execute all papers and perform such
other acts, with expenses if any to be paid by Assignee, as may be reasonably
necessary to give Assignee, its successors and assigns, the full benefit of this
Assignment. This Assignment shall be binding upon and shall inure to the benefit
of the successors, assigns and legal representatives of the parties hereto.
.
Assignor:
Date: __________________ By:
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Name:
Title:
THE STATE OF ARIZONA ss.
ss.
COUNTY OF ss.
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This instrument was acknowledged by _________________ on this the _____ day
of __________________, 2005.
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(Seal) Notary Public in and for the State of Nevada
My commission expires:
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