Letter Agreement - Acquisition Sample Contracts

BODYTEL SCIENTIFIC INC. One Independent Drive, Suite 1701, Jacksonville, Florida 32202

Letter Agreement - Acquisition • March 7th, 2008 • Bodytel Scientific Inc. • Telephone & telegraph apparatus • Nevada

• Contract Type
  Letter Agreement - Acquisition
• Filed
  March 7th, 2008
• Company
  Bodytel Scientific Inc.
• Industry
  Telephone & telegraph apparatus
• Jurisdiction
  Nevada

This letter agreement (the “Letter Agreement”) sets forth our agreement with respect to the acquisition by BodyTel Scientific Inc., a Nevada corporation (“BodyTel”) of 100 shares of common stock of GlucoTel (the “Shares”), which are registered in the name of Marlon Vermögensverwaltungsgesellschaft GmbH, an entity organized under the laws of Germany (“Marlon”), which is the assignee of Safe-com GmbH & Co. KG (“Safecom”) pursuant to the transfer of April 1, 2007 between Safecom and Marlon, subject to the terms and conditions set out herein (the “Transaction”).