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SERVICE AGREEMENT

Consulting Services Agreement

SERVICE AGREEMENT | Document Parties: IVIVI TECHNOLOGIES, INC. You are currently viewing:
This Consulting Services Agreement involves

IVIVI TECHNOLOGIES, INC.

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Title: SERVICE AGREEMENT
Governing Law: New Jersey     Date: 9/21/2009
Industry: Medical Equipment and Supplies     Sector: Healthcare

SERVICE AGREEMENT, Parties: ivivi technologies  inc.
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EXHIBIT 10.28


                                SERVICE AGREEMENT
                                 BY AND BETWEEN
             ADM TRONICS UNLIMITED, INC. AND ITS SUBSIDIARIES (ADMT)
                      AND IVIVI TECHNOLOGIES, INC. (IVVI)
                                     DATED:
                                 AUGUST 1, 2009


This agreement between the above reference parties is to document the
information technology, regulatory and engineering services that ADMT will
provide to IVVI (this "Agreement"). Therefore:

     1.   ADMT will provide services to IVVI as specified in Exhibit A to this
          Agreement with the level of such services consistent with the average
          monthly level of services as had been previously rendered to IVVI by
          the four engineers employed by IVVI for the 12 months previous to this
          Agreement (the "Services").
     2.   IVVI shall pay to ADMT a monthly fee of $26,000 for the Services
          without proration (the "Monthly Service Fee"). The Monthly Service Fee
          shall be paid by IVVI to ADMT at the beginning of each month for the
          Services to be provided by ADMT to IVVI for such month. ADMT shall
          present an invoice to IVVI for the Monthly Service Fee.
     3.   ADMT agrees to employ a minimum of four qualified engineers, or
          contract with a third-party for provision of the Services at ADMT's
          discretion, subject to IVVI's consent which will not be unreasonably
          withheld. IVVI will notify ADMT in writing of any deficiency in the
          level of Services. ADMT shall have 30 days to cure such deficiency to
          the reasonable satisfaction of IVVI. If the deficiency is not cured by
          ADMT then at Ivivi's sole discretion, based on standards of
          reasonableness, IVVI shall have the right to either, i) terminate this
          Agreement pursuant to Section 5 of this Agreement, or ii) reduce the
          Monthly Service Fee to be paid by IVVI to ADMT thereafter.
     4.   Payment by IVVI to ADMT will be due immediately upon the monthly
          delivery to IVVI of the invoice described in Section 2 of this
          Agreement. Should IVVI fail to make timely payment, ADMT will provide
          written notification to IVVI of such failure and IVVI will have 2
          business days to make payment. ADMT will cease to provide any services
          to IVVI under this Agreement until all past due payments are made.
     5.   This Agreement may be terminated upon sixty days prior written notice
          by either party.

Both ADMT and IVVI confirm that this Agreement does no infer any other
relationship 


 
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