0001019687-10-002738 Sample Contracts

SEPARATION AND DISTRIBUTION AGREEMENT
Separation and Distribution Agreement • July 27th, 2010 • Parametric Sound Corp • Communications equipment, nec • Delaware

THIS SEPARATION AND DISTRIBUTION AGREEMENT (the “Agreement”), dated as of [__________], 2010, is entered into by and between LRAD Corporation, a Delaware corporation (“LRAD”), and Parametric Sound Corporation, a Nevada corporation (“Parametric”) (each, a “Party,” and collectively, the “Parties”).

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