Patent License Agreement Termination Sample Contracts

Re: Patent License Agreement Termination
Patent License Agreement Termination • October 19th, 2021 • ScoutCam Inc. • Optical instruments & lenses

For the sake of good order and in connection with the closing of a certain securities purchase agreement (the “Purchase Agreement”) by and between the Company’s parent company, ScoutCam Inc. and M. Arkin (1999) Ltd., this is to confirm that, by virtue of executing this letter, the Patent License Agreement, dated as of December 1, 2019 by and between the Company and Medigus Ltd., attached hereto as Schedule I, is null and void for all intents and purposes as of the date hereof.

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