SUBLICENSE AGREEMENT Dispenser ProductsSublicense Agreement • August 6th, 2007 • Versadial, Inc. • Miscellaneous manufacturing industries • New York
THIS SUBLICENSE AGREEMENT (this "Agreement") is made as of 2nd day of June, 2006 by and between INNOPUMP INC. (“INN”), a corporation formed under the laws of the State of Delaware, having an address at 305 Madison Avenue, New York, New York 10165 (“Innopump”), and VDM HOLDINGS, LLC, (“VDM”) a limited liability company formed under the laws of the State of New York having an address at 305 Madison Avenue, New York, New York 10165 or any majority owned subsidiary thereof.
INNOPUMP, INC.License Agreement • August 6th, 2007 • Versadial, Inc. • Miscellaneous manufacturing industries
Reference is hereby made to that certain Sub-License Agreement (“Sub-License”) dated May 25, 2005 (effective June 1, 2005) between Sea Change Group, LLC (“Sea Change”) and Innopump, Inc. (“Innopump”) whereby Innopump acquired the rights of, and agreed to perform the obligations of, Sea Change under the Amended and Restated License Agreement dated January 1, 2003 between you, Gerhard Brugger, (as assignee of Anton Brugger) and Sea Change (“License Agreement”). This letter shall confirm our recent discussions and agreement in connection with certain payments and responsibilities thereunder.
