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AMENDMENT #1 TO EXCLUSIVE LICENSE AGREEMENT

License Agreement

AMENDMENT #1 TO EXCLUSIVE LICENSE AGREEMENT | Document Parties: WATAIRE INTERNATIONAL, INC. | Wataire Industries, Inc You are currently viewing:
This License Agreement involves

WATAIRE INTERNATIONAL, INC. | Wataire Industries, Inc

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Title: AMENDMENT #1 TO EXCLUSIVE LICENSE AGREEMENT
Date: 10/23/2006

AMENDMENT #1 TO EXCLUSIVE LICENSE AGREEMENT, Parties: wataire international  inc. , wataire industries  inc
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                      AMENDMENT #1 TO EXCLUSIVE LICENSE AGREEMENT
     

      THIS AMENDMENT to the Exclusive License Agreement between Wataire
Industries, Inc. ("Licensor") and Wataire International Inc. formerly Cimbix
Corporation ("Licensee") dated July 10, 2006 (the "License Agreement") is
made as of the 19th day of October, 2006.

      WHEREAS, Section 2.01 of the License Agreement provides that the
term of the License Agreement is for a five-year period; and  

      WHEREAS, Section 2.02 of the License Agreement provides that the
term of the License Agreement may be extended for an additional five-year
period; and

      WHEREAS, the parties hereto desire to amend Sections 3.01 and 3.02
of the License Agreement to provide for a 15-year initial term and a 10-year
additional term on


 
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