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Exhibit
10.56
March 1, 2007
Dr. Arthur J.
Sytkowski
203 Park
Avenue
Arlington, MA
02476
Dear Dr.
Sytkowski,
This letter is to
document our agreement that DNAPrint Genomics, Inc.
(“DNAPrint”) will pay for unpaid invoices incurred to
date and in the future, related to the Consulting Services
Agreement dated August 1, 2006 (“Consulting
Agreement”), in registered common stock. We agree that
you will be issued up to 30,000,000 shares of DNAPrint Genomics,
Inc. common stock, that are registered on a Form S-8, as
consideration for consulting services performed for DNAPrint in
accordance with the Consulting Agreement.
Notwithstanding the foregoing, DNAPrint has the option
to pay such amounts due to you in cash. In addition, DNAPrint
shall pay 5% interest on any amounts which remain unpaid for 30
days from the date payment is due to the date of stock issuance or
cash payment.
Within thirty days of
paymen
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