PURCHASE AGREEMENT OF TECHNOLOGYPurchase Agreement of Technology • December 16th, 2011 • BeesFree, Inc. • Wholesale-miscellaneous nondurable goods
Contract Type FiledDecember 16th, 2011 Company IndustryWhereas, Francesca del Vecchio, Ph.D., residing at 324G, Via del Fiume Giallo, Rome, Italy, 00144 (the "Assignor"), has made an invention relating to "Methods, equipment, ingredients and formulations to produce high impactive nutritive, tonic, antioxidant and therapeutic solutions for a complete and automated system to prevent and fight the CCD (Colony Collapse Disorder}"; such technology being embodied in a patent application has been filed and which is identified in the attached Schedule 1 (including the invention, the "Patent Rights"), and has developed trade secrets related to the invention and the commercialization of same (“Technology”);