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 28th, 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 now known as Crown Medical Systems, Inc., a Nevada Corporation (“CMS-NV,”) 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, CMS-NV has offered to enter into a Definitive Agreement for the purchase of MD Paperfree from Jennings. The effectiveness of this Agreement is conditioned upon CMS-NV’s negotiation of a Definitive Agreement with Jennings and closing thereunder resulting in CMS-NV’s ownership of MD Paperfree. There are no other conditions to the parties obligations to perform this Agreement.
