ContractTermination of International Distribution Agreement • January 8th, 2009 • Palomar Medical Technologies Inc • Electromedical & electrotherapeutic apparatus
TERMINATION OF INTERNATIONAL DISTRIBUTION AGREEMENT THIS TERMINATION (“Termination”), effective as of January 8, 2009 (“Effective Date”), is made by and between Palomar Medical Technologies, Inc. (“Palomar”) with its principal place of business at 82 Cambridge Street, Burlington, MA 01803 and Q-MED AB (publ) with its principal place of business at Seminariegatan 21, 752 28 Uppsala, Sweden (“Distributor”). WITNESSETH: WHEREAS, the parties executed an International Distribution Agreement on January 8, 2008, as amended (the “Agreement”); and WHEREAS, the parties wish to terminate the Agreement as follows. NOW, THEREFORE, in consideration of the foregoing promises, the mutual promises and covenants of the parties contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: Subject to Section 11.6 of the Agreement, the parties hereby mutually agree to terminate the Agreement as of the Effectiv
