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FIRST AMENDMENT TO AMENDED AND RESTATED SUPPLY, LICENSE AND DEVELOPMENT AGREEMENT

Requirements Supplier Agreement

FIRST AMENDMENT TO AMENDED AND RESTATED SUPPLY, LICENSE AND DEVELOPMENT AGREEMENT | Document Parties: Digital Angel Corporation | VeriChip Corporation You are currently viewing:
This Requirements Supplier Agreement involves

Digital Angel Corporation | VeriChip Corporation

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Title: FIRST AMENDMENT TO AMENDED AND RESTATED SUPPLY, LICENSE AND DEVELOPMENT AGREEMENT
Date: 5/10/2007
Industry: Communications Equipment     Sector: Technology

FIRST AMENDMENT TO AMENDED AND RESTATED SUPPLY, LICENSE AND DEVELOPMENT AGREEMENT, Parties: digital angel corporation , verichip corporation
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Exhibit 10.16

 

CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTION.


 

FIRST AMENDMENT TO AMENDED AND RESTATED

SUPPLY, LICENSE AND DEVELOPMENT AGREEMENT

 

 

This First Amendment to the Amended and Restated Supply, License, and Development Agreement dated December 27, 2005, is dated May 9, 2007 (the “Amended Agreement”) by and between Digital Angel Corporation (“Digital Angel”) and VeriChip Corporation (“VeriChip”), both Delaware corporations.

 

RECITALS

 

Whereas, Digital Angel and VeriChip have previously entered into an Amended and Restated Supply, License and Development Agreement dated December 27, 2005 (the “Original Agreement”).

 

Whereas, due to changes in the timing of VeriChip’s IPO, it made its commercial sales launch approximately twelve months later than such launch had been contemplated when


 
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