Crown Medical Systems, Inc. 6006 N. Mesa, Suite 709 El Paso, Texas 79912 Re: Agreement to License- Exclusive Software License for “MD PaperFree” Gentlemen:Crown Medical Systems Inc • January 22nd, 2004 • Services-business services, nec • Texas
This letter, when fully executed, is a formal Agreement between Crown Medical Systems, Inc., a Delaware Corporation (“Crown”) and Crown Medical Systems, Inc. a Nevada Corporation formerly known as Link Media Publishing, Ltd., a Nevada Corporation (“Link”), whereby Crown intends to license sole, absolute and exclusive rights to market, distribute and license ownership and use of the electronic medical record software product developed by Mark & Sonya Jennings (“Jennings”) which will be hereafter referred to as “MD PaperFree.” By separate Letter of Intent, Link has offered to enter into a Definitive Agreement for the purchase of MD PaperFree from Jennings. The effectiveness of this Agreement is conditioned upon Link’s negotiation of a Definitive Agreement with Jennings and closing thereunder resulting in Link’s ownership of MD PaperFree. There are no other conditions to the parties obligations to perform this Agreement.
LETTER OF INTENTCrown Medical Systems Inc • January 22nd, 2004 • Services-business services, nec
This letter is a formal Letter of Intent between Mark & Sonya Jennings (“Jennings”) and Link Media Publishing, Ltd., A Nevada Corporation (“Link”), whereby Link intends to acquire ownership of the electronic medical record software product developed by Jennings which will be hereafter referred to as “MD PaperFree.” This Letter of Intent is intended to set forth the principal provisions of the parties’ understanding, but is not intended to be all-inclusive; the parties will only be bound to proceed to closing only by a jointly executed agreement in a form acceptable to both parties (the “Definitive Agreement.”) The confidentiality and non-disclosure agreements made in this letter of intent the following are fully binding on both parties.
