BINDING MEMORANDUM OF UNDERSTANDINGMemorandum of Understanding • August 13th, 2009 • Xcorporeal, Inc. • Electromedical & electrotherapeutic apparatus • California
Contract Type FiledAugust 13th, 2009 Company Industry JurisdictionTHIS BINDING MEMORANDUM OF UNDERSTANDING (this “Memorandum”) is made and entered into as of August 7, 2009 (the “Effective Date”) by and between National Quality Care, Inc., a Delaware corporation (“NQCI”), Xcorporeal, Inc., a Delaware corporation (“Xcorp”), and Xcorporeal Operations, Inc., a Delaware corporation (“Xcorp Ops” and, together with Xcorp, “XCR”). NQCI and XCR will be collectively referred to herein as “the Parties.”