0001144204-11-039568 Sample Contracts

ADDENDUM NO. 1 TO ROYALTY AGREEMENT
Royalty Agreement • July 7th, 2011 • CarePayment Technologies, Inc. • Surgical & medical instruments & apparatus

This Addendum No. 1 to Royalty Agreement (this “Addendum”) is entered into effective as of January 1, 2011 (the “Effective Date”) with respect to that certain Royalty Agreement (the “Agreement”) entered into effective December 31, 2009 and further amended, by and between CP Technologies LLC, an Oregon limited liability company formerly known as WS Technologies, LLC (the “Company”), and Aequitas Capital Management, Inc., an Oregon corporation (“Aequitas”).

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