0001085037-06-000328 Sample Contracts

INTEGRATED SECURITY TECHNOLOGIES, INC. Vancouver, B.C. V6C 3E8
Patent Assignment Agreement • February 17th, 2006 • Integrated Security Technologies, Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia

This letter sets out the agreement (“Agreement”) reached among Integrated Security Technologies, Inc. as purchaser (“IST”) and Hadasit Medical Research Services and Development Ltd. (“Hadasit”) regarding the transfer and sale by Hadasit of patent and patent applications as detailed in Exhibit A hereto and other related state patents and patent applications, including all of the related know-how and technology related to the administering of insulin orally as a method to replace insulin injections (collectively, the “Patent”) to IST, upon the terms and conditions set forth herein.

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