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14723 -- MATRITECH, INC. -- EXHIBIT 10.1 TO FORM 8-K
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style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-Supply Agreement made effective
this 3rd day of November, 2006 by and between Inverness Medical
Innovations, Inc., with offices at 51 Sawyer Road, Suite 200,
Waltham, MA 02453 on behalf of itself and its subsidiaries
(+IBw-Inverness+IB0-) and Matritech, Inc., a Delaware corporation
with its principal place of business at 330 Nevada Street, Newton,
MA 02460 (+IBw-Matritech+IB0-) each +IBw-a Party+IB0- and together
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style+AD0-'font-size:10.0pt'+AD4-Whereas, the Parties are desirous
of entering into arrangements for the supply to Matritech of the
NMP22+ADw-sup+AD4ArgA8-/sup+AD4-
BladderChek+ADw-sup+AD4ArgA8-/sup+AD4- Test,
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style+AD0-'font-size:10.0pt'+AD4-Now, therefore, in consideration
of the premises and for other good and valuable consideration, the
receipt and legal sufficiency of which are hereby acknowledged, the
Parties agree as follows:+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
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style+AD0-'font-size:10.0pt'+AD4-in relation to a Party means any
other entity which directly or indirectly Controls is Controlled by
or is under direct or indirect (e.g. through an intermediate
subsidiary) common Control with that Party from time to
time.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
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style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
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width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
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style+AD0-'font-size:10.0pt'+AD4-Manufacturers+ADw-/span+AD4APA-/p+AD4-
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valign+AD0-top style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means, collectively, the entities
listed on Schedule 6 hereof, as it may be amended in Writing from
time to time by Inverness and Matritech.+ADw-/span+AD4APA-/p+AD4-
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style+AD0-'mso-yfti-irow:4'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
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style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
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style+AD0-'font-size:10.0pt'+AD4-1.3 Inverness/Approved
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4- +ADw-td
width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:6'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-Custom Manufacturer
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4- +ADw-td
width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:7'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-Raw
Materials+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means any and all raw materials
supplied by Inverness or an Approved Custom Manufacturer for
incorporation into the Products.+ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:8'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
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0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
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style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.4
Biologicals+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means all biological materials
incorporated into the Products. +ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:10'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
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style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.5 Business
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width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means any day excluding Saturday
and Sunday or any public holidays in the country where either Party
is based.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:12'+AD4- +ADw-td
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style+AD0-'font-size:10.0pt'+AD4-means that an entity owns fifty
percent (50+ACU-) or more of the voting shares of a second entity,
and Control and Controlled shall be interpreted accordingly.
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clause 3.4, and refers to the first three (3) months of each
Written forecast provided by Matritech to Inverness and the
applicable Approved Custom Manufacturer.+ADw-/span+AD4APA-/p+AD4-
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style+AD0-'font-size:10.0pt'+AD4-means, in relation to a Party, any
circumstance beyond the reasonable control of that Party+ADs-
provided, however, that labor strife affecting a Party+IBk-s own
workforce or that of an Approved Custom Manufacturer, such as
strikes, lock-outs or other industrial actions, shall not
constitute a Force Majeure circumstance.+ADw-/span+AD4APA-/p+AD4-
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regardless of whether it is in tangible form, disclosed by either
Party (the +IBw-disclosing Party+IB0-) that the disclosing Party
has either marked as confidential or proprietary, or has identified
in Writing as confidential or proprietary within thirty (30) days
of disclosure to the other Party (the +IBw-receiving
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related to a disclosing Party+IBk-s business plans, strategies,
technology, research and development, current and prospective
customers, billing records, and products or services shall be
deemed Identified Confidential Information of the disclosing Party
even if not so marked or identified. Information will not be deemed
Identified Confidential Information hereunder if such information:
(a) is known to the receiving Party prior to receipt from the
disclosing Party directly or indirectly from a source other than
one having an obligation of confidentiality to the disclosing
Party+ADs- (b) becomes known (independently of disclosure by the
disclosing Party) to the receiving Party directly or indirectly
from a source other than one having an obligation of
confidentiality to the disclosing Party+ADs- (c) becomes publicly
known or otherwise ceases to be secret or confidential, except
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(d) is independently developed by a receiving Party without
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and confidential information (whether registered or
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intellectual property rights and the equivalent or similar forms of
protection existing anywhere in the world.+ADw-/span+AD4APA-/p+AD4-
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class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
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class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means those patents listed on
Schedule 1.+ADw-/span+AD4APA-/p+AD4- +ADw-/td+AD4- +ADw-/tr+AD4-
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0in'+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means any and all raw materials
supplied by Matritech for incorporation into the Products as set
out in Schedule 5, as it may be amended from time to time by the
Parties in Writing.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
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style+AD0-'font-size:10.0pt'+AD4-1.14 Matritech
Technology+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
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+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means any Technology of Matritech
relating to the Products existing as of the Effective Date and
disclosed by Matritech to Inverness from time to
time.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:13'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:14'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.15 New
Technology+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means any Technology and/or
Intellectual Property developed by Inverness or an Approved Custom
Manufacturer+ADw-strong+AD4AJg-nbsp+ADsAPA-/strong+AD4-in the
manufacture of the Products and, for the avoidance of doubt, not
including Matritech Technology.+ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:15'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
valign+AD0-top style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:16'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.16
Price+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4- +ADw-td
width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means the price for the Product
payable by Matritech to Inverness, which may vary depending on
quantities ordered, calculated in accordance with Schedule 2.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:17'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:18'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.17 Product
Improvement+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means any New Technology
consisting of a development, enhancement or derivative of the
Product, but only to the extent that such technology is applicable
only to the Product.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:19'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
valign+AD0-top style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:20'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.18
Products+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means the products listed in
Schedule 7, and subsequent versions thereof, and such additional
products that the Parties may from time to time separately agree in
Writing shall be governed by the terms of this Agreement. In the
case of such agreement, Schedule 7 shall be replaced with an
updated version including such additional products and Product
shall mean each unit of those Products.+ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:21+ADs-mso-yfti-lastrow:yes'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-/table+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
align+AD0-center style+AD0-'text-align:center'+AD4-3+ADw-/p+AD4-
+ADw-div class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4- +ADw-hr size+AD0-2
width+AD0AIg-100+ACUAIg- noshade color+AD0-black
align+AD0-center+AD4- +ADw-/div+AD4- +ADw-/div+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-table class+AD0-MsoNormalTable border+AD0-0
cellspacing+AD0-0 cellpadding+AD0-0 width+AD0AIg-100+ACUAIg-
style+AD0-'width:100.0+ACUAOw-mso-cellspacing:0in+ADs-mso-padding-alt:0in
0in 0in 0in'+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:0+ADs-mso-yfti-firstrow:yes'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.19 Professional
Field+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4- +ADw-td
width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means+ADw-strong+AD4AJg-nbsp+ADsAPA-/strong+AD4-all
channels of distribution resulting in the distribution of a Product
to (a) licensed professional health-care providers (including
hospitals, physicians (acting as such), and licensed professional
health-care centers, (b) other third parties trained to administer
and/or analyze diagnostic test, and (c) professional diagnostic
laboratories. +ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:1'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
valign+AD0-top style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:2'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.20
Recall+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means a recall or withdrawal of
the Product and shall include any post-sale warning regarding such
Product+ADsAPA-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:3'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:4'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.21 Receiving
Points+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means the premises designated by
Matritech as the destination for each order of Products under
Section 8. +ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:5'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:6'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.22
Specification+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means the specifications for the
Product set out in Schedule 3, as they may be amended from time to
time under Section 6.0.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:7'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
valign+AD0-top style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:8'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.23
Technology+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means any methods, techniques,
discoveries, inventions (whether patentable or not), formulae,
formulations, technical and product specifications, equipment
descriptions, plans, layouts, drawings, computer programs,
assembly, quality control, installation and operating procedures,
operating manuals, technical and marketing information, designs,
data, know-how and other information.+ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:9'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
valign+AD0-top style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:10'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.24
Trademarks+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means the registered trademarks of
Matritech and pending trademark applications related to the
Product, which are listed in Schedule 4.+ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:11'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
valign+AD0-top style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:12'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4-+ADw-span
style+AD0-'font-size:10.0pt'+AD4-1.25 Unit+ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-/td+AD4- +ADw-td width+AD0AIg-75+ACUAIg-
valign+AD0-top style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means one item of the Product,
e.g. one BladderChek Test.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:13'+AD4- +ADw-td width+AD0AIg-25+ACUAIg-
valign+AD0-top style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:14'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.26 Valid Claim
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4- +ADw-td
width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means, with respect to a
particular country, a claim of an issued patent that (a) has not
lapsed or become abandoned, disclaimed, denied, revoked, or
admitted to be invalid or unenforceable through reissue or
disclaimer or otherwise in such country, and (b) has not been
declared invalid or unenforceable by a court of competent
jurisdiction or an administrative agency for which there is no
further right of appeal or for which the right of appeal is waived.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:15'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/div+AD4- +ADw-/td+AD4- +ADw-td width+AD0AIg-75+ACUAIg-
valign+AD0-top style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in
0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:16+ADs-mso-yfti-lastrow:yes'+AD4- +ADw-td
width+AD0AIg-25+ACUAIg- valign+AD0-top
style+AD0-'width:25.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-1.27 Writing or
Written+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-/td+AD4-
+ADw-td width+AD0AIg-75+ACUAIg- valign+AD0-top
style+AD0-'width:75.0+ACUAOw-padding:0in 0in 0in 0in'+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-means any form of written
communication and any other similar expression, includes facsimile
transmission and comparable means of communication, but not
electronic mail.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-/td+AD4- +ADw-/tr+AD4- +ADw-/table+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4-4+ADw-/p+AD4- +ADw-div
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4- +ADw-hr size+AD0-2
width+AD0AIg-100+ACUAIg- noshade color+AD0-black
align+AD0-center+AD4- +ADw-/div+AD4- +ADw-/div+AD4- +ADw-/div+AD4-
+ADw-div style+AD0-'margin-left:2.5in'+AD4- +ADw-p
class+AD0-MsoNormal style+AD0-'text-indent:-2.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-2.0+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADsAPA-u+AD4-Roles
of the Parties+ADw-/u+AD4APA-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-div style+AD0-'margin-left:2.5in'+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:-2.0in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-2.1+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Matritech
will be the customer purchasing Products from Inverness. Inverness
will be a contract manufacturer. Inverness represents and warrants
that it owns controls, or has licenses to the Inverness Patents.
Certain Valid Claims of the Inverness Patents may cover the
Products. Inverness further represents and warrants that the
Inverness Patents include all of the patent rights in the lateral
flow area (including issued patents and patent applications) owned,
controlled, or licensed by Inverness or its Affiliates that cover
the Products as of the Effective Date of this Agreement. The
Inverness Patents are not being licensed to Matritech. The Price
contemplates the existence of the Inverness Patents. Inverness may
engage, as subcontract manufacturer, one or more Approved Custom
Manufacturers to have Products manufactured. Inverness will sell to
Matritech Products manufactured by Inverness or any such Approved
Custom Manufacturer. Such Products may only be resold, distributed
and used in the Professional Field by Matritech and its resellers,
distributors and end-customers. Subject to the terms and conditions
of this Agreement (including without limitation this clause 2.1 and
clause 5.4), Matritech may resell any such Product to
Matritech+IBk-s end-user customers, resellers and distributors (in
any such case, only for resale, distribution and use in the
Professional Field), and such resales and use by resellers are also
contemplated in the Price. Matritech will notify any such reseller,
distributor and end-customer in writing that Products may only be
distributed for use in the Professional Field. Inverness covenants
that Inverness and its Affiliates shall not sue or otherwise assert
any claim or counterclaim against Matritech, its Affiliates, or any
of its or their resellers, distributors or end-customers, to the
extent based on a claim that any such person or entity, with
respect to such person+IBk-s or entity+IBk-s use, distribution or
sale of Products in accordance with the terms and conditions of
this Agreement, infringes upon any Inverness Patent.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-2.2+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-The
initial Approved Custom Manufacturers are listed on Schedule 6
hereof. If Inverness elects to use an Approved Custom Manufacturer,
Inverness agrees that it will enter into, and maintain in full
force and effect, agreements with such Approved Custom
Manufacturers, for the duration of the Term of this Agreement,
covering the manufacture by such Approved Custom Manufacturer of
the Products for delivery to Matritech. To the extent that any
Affiliate of an Approved Custom Manufacturer is approved by
Matritech (an +IBw-Approved Affiliate+IB0-), then such Approved
Affiliate(s) will also be an Approved Custom Manufacturer.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-2.3+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-The
Parties shall meet at least once each year to review matters likely
to be relevant to the manufacture and sale of the Product.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.0+ADw-span
style+AD0-'letter-spacing:
9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADsAPA-u+AD4-Orders
for the Product+ADw-/u+AD4-.+ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.1+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Inverness
agrees to, or to cause one or more of the Approved Custom
Manufacturers to,+ADw-strong+AD4AJg-nbsp+ADsAPA-/strong+AD4-deliver
to Matritech, in sufficient quantities to satisfy Matritech+IBk-s
orders which are made in accordance with the terms of this
Agreement and on the delivery schedule established in accordance
with the terms of this Agreement, Product +ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4-5+ADw-/p+AD4- +ADw-div
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4- +ADw-hr size+AD0-2
width+AD0AIg-100+ACUAIg- noshade color+AD0-black
align+AD0-center+AD4- +ADw-/div+AD4- +ADw-/div+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-manufactured by Inverness or such
Approved Custom Manufacturer(s). Matritech agrees to purchase from
Inverness such volumes of the Products as Matritech may order from
time to time in accordance with the provisions of this Agreement.
In the event that Inverness elects to use an Approved Custom
Manufacturer, Matritech shall have the right with respect to each
order of Products, to express a preference for a particular
Approved Custom Manufacturer to manufacture the Products for
Inverness to resell to Matritech pursuant to such order, however,
the ultimate designation of an Approved Custom Manufacturer for
each order shall be at Inverness+IBk- sole
discretion.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4-
+ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.2+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Matritech
shall provide Inverness and the applicable Approved Custom
Manufacturer with a Written forecast of its estimated monthly
purchases of the Products for the twelve (12) month period
commencing with the calendar month following the month in which
such forecast is delivered to Inverness, the first three (3) months
of which shall be binding on both Parties. Such forecasts shall
represent Matritech+IBk-s commercially reasonable, good-faith
estimate of its Product requirements from Inverness for such twelve
(12) month period. Except for the first three (3) months as
described in the preceding sentence and except as provided in
clause 3.4, such forecasts are for the convenience of Inverness and
any applicable Approved Custom Manufacturer only, shall not
constitute firm purchase or shipping orders and shall not be
binding upon, or create any obligation or liability with respect
to, Matritech, Inverness or any applicable Approved Custom
Manufacturer.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4-
+ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.3+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Contemporaneously
with the execution of this Agreement, Matritech will deliver to
Inverness or, if applicable, the applicable Approved Custom
Manufacturer a sufficient quantity of Matritech Raw Materials to
enable such Approved Custom Manufacturer to manufacture quantities
of the Product covered by at least the first four (4) months of
Matritech+IBk-s applicable forecast. Inverness will, or cause the
applicable Approved Custom Manufacturer to, advise Matritech in
Writing from time to time of the quantity of Matritech Raw
Materials it has on hand and Matritech will supply additional
quantities of Matritech Raw Materials so that Inverness or such
Approved Custom Manufacturer always has an adequate supply of such
Matritech Raw Materials to manufacture Product in accordance with
this Agreement.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.4+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-At
the time each Written forecast is delivered by Matritech to
Inverness and the applicable Approved Custom Manufacturer pursuant
to clause 3.2, the first three (3) months of such forecast (the
+IBw-Firm Order Period+IB0-) shall be deemed a firm order for the
Product (a +IBw-Firm Order+IB0-), which Firm Order shall state
actual quantities and delivery dates for the Product for the Firm
Order Period+ADs- provided that no delivery date shall be earlier
than +AFs- +ACoAKg- +AF0- days after the date of submission of that
forecast. For purposes of clarification, after the first forecast
is delivered, the first month+IBk-s quantity in each subsequent
forecast shall not constitute a new Firm Order for that quantity,
except to the extent the quantity is increased as described in
clause 3.5 hereof. Quantities of Product delivered pursuant to a
Firm Order shall not vary more than plus or minus five percent (
5+ACU-) of such Firm Order. Inverness shall, or shall cause the
applicable Approved Custom Manufacturer to, deliver the Product on
the delivery date specified by Matritech +ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4-6+ADw-/p+AD4- +ADw-div
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4- +ADw-hr size+AD0-2
width+AD0AIg-100+ACUAIg- noshade color+AD0-black
align+AD0-center+AD4- +ADw-/div+AD4- +ADw-/div+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-in the relevant Firm Order in
accordance with the provisions of this clause 3.4 or up to ten (10)
Business Days prior to or after such delivery date.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div
style+AD0-'margin-left:1.0in'+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:-.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.5+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Once
a Firm Order is submitted to Inverness and any applicable Approved
Custom Manufacturer with respect to any given Firm Order Period,
Matritech may reasonably revise that Firm Order by providing
Written notice to Inverness and such Approved Custom
Manufacturer+ADs- provided, however, that if the revised Firm Order
is for a larger quantity of Product, Inverness shall have +AFs-
+ACoAKg- +AF0- days from the day of such revised Firm Order notice
in which to deliver, or to have the applicable Approved Custom
Manufacturer deliver, the amount of Product that is in excess of
the amount ordered by Matritech pursuant to the original Firm
Order. Notwithstanding the immediately preceding sentence, in the
event Matritech wishes to increase a Firm Order by greater than
+AFs- +ACoAKg- +AF0-, Inverness is only required to reasonable
commercial efforts, or to cause the applicable Approved Custom
Manufacturer to make reasonable commercial efforts, to produce such
additional volume of Products for
Matritech.+ACY-nbsp+ADsAPA-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-div style+AD0-'margin-left:1.0in'+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:-.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.6+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-If
Matritech decreases the quantity set forth in Matritech+IBk-s Firm
Orders, Matritech shall be responsible for the reasonable cost of
materials for the Product purchased by Inverness or the applicable
Approved Custom Manufacturer in accordance with Matritech+IBk-s
Firm Orders+ADs- provided, however, that Matritech shall not be
responsible for the reasonable cost of any materials that are or
will be subsequently used by Inverness or the Approved Custom
Manufacturer in respect of the Products. At Matritech+IBk-s option,
Matritech may instruct Inverness to, or to cause the applicable
Approved Custom Manufacturer to, utilize such materials in the
future supply of Product and Inverness agrees to follow any such
instruction. In addition, Inverness shall to use commercially
reasonable efforts to, or to cause the applicable Approved Custom
Manufacturer to use commercially reasonable efforts to, utilize
such materials in the supply of product or in the manufacture of
goods for third parties so as to minimize the amount of such
materials that remain unused. Inverness shall advise, or shall
direct the applicable Approved Custom Manufacturer to advise,
Matritech in Writing of the amount and cost of excess materials
resulting from Matritech+IBk-s decrease of Firm Orders that have
not been used in the future supply of Products or in the
manufacture of goods for third parties within ninety (90) days
after the month for which the Firm Order is decreased. Matritech
shall have the right, at its option, to have the excess material
delivered to it or to another supplier of its choice.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div
style+AD0-'margin-left:1.0in'+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:-.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4-+ADw-span
style+AD0-'font-size:10.0pt'+AD4-3.7+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Orders
for the Products shall be given by Matritech to Inverness and any
applicable Approved Custom Manufacturer in Writing, pursuant to a
process to be mutually defined by the Parties in consultation with
any Approved Custom Manufacturers. +ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div style+AD0-'margin-left:.5in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.8+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-In
ordering and delivering Product, Matritech, Inverness and any
applicable Approved Custom Manufacturer may employ their standard
forms, but nothing in those forms shall be construed to modify or
amend the terms of this Agreement, and, in the case of any conflict
herewith, the terms of this Agreement shall
control.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div
style+AD0-'margin-left:.5in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4-7+ADw-/p+AD4- +ADw-div
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4- +ADw-hr size+AD0-2
width+AD0AIg-100+ACUAIg- noshade color+AD0-black
align+AD0-center+AD4- +ADw-/div+AD4- +ADw-/div+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.9+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-In
partial consideration of sales of the Products, sales of the
Products by Inverness to Matritech under this Agreement shall be at
the Price calculated pursuant to Schedule 2 and shall be subject to
credits as specified in such Schedule.+ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.10+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Matritech
agrees with and undertakes to Inverness that it shall place orders
with Inverness for manufacture under this Agreement of a minimum
quantity of Products as set forth below, subject to performance by
Inverness of its obligations under this
Agreement:+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4-
+ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div align+AD0-center+AD4- +ADw-table
class+AD0-MsoNormalTable border+AD0-0 cellspacing+AD0-0
cellpadding+AD0-0 width+AD0AIg-75+ACUAIg-
style+AD0-'width:75.0+ACUAOw-mso-cellspacing:0in+ADs-background:white+ADs-mso-padding-alt:0in
0in 0in 0in'+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:0+ADs-mso-yfti-firstrow:yes'+AD4- +ADw-td
width+AD0AIg-50+ACUAIg- style+AD0-'width:50.0+ACUAOw-padding:0in
0in 0in 0in'+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-First 12 months (Year
1):+ADw-/span+AD4APA-span
style+AD0-'color:black+ADs-letter-spacing:27.0pt'+AD4AJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-td width+AD0AIg-50+ACUAIg-
style+AD0-'width:50.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4AWw- +ACoAKg- +AF0-
Units+ACY-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr
style+AD0-'mso-yfti-irow:1+ADs-mso-yfti-lastrow:yes'+AD4- +ADw-td
width+AD0AIg-50+ACUAIg- style+AD0-'width:50.0+ACUAOw-padding:0in
0in 0in 0in'+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-Second 12 months (Year
2):+ADw-/span+AD4APA-span
style+AD0-'color:black+ADs-letter-spacing:27.0pt'+AD4AJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/div+AD4- +ADw-/td+AD4- +ADw-td width+AD0AIg-50+ACUAIg-
style+AD0-'width:50.0+ACUAOw-padding:0in 0in 0in 0in'+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4AWw- +ACoAKg- +AF0-
Units+ADw-/span+AD4AJg-nbsp+ADsAPA-/p+AD4- +ADw-/td+AD4-
+ADw-/tr+AD4- +ADw-/table+AD4- +ADw-/div+AD4- +ADw-p
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-Notwithstanding the foregoing, if
there is any shortfall in the number of units ordered by Matritech
in Year 1 of this Agreement, Matritech shall have the right to roll
that shortfall into Year 2 and order such Product during that
period and any Year 1 shortfall in orders shall not be deemed to be
a breach of this Agreement. +ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-After the second 12 months, no
minimum order shall apply. +ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-3.11+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-The
Approved Custom Manufacturers are as specified on Schedule 6
hereof, but the Parties reserve the right to mutually agree in
Writing to change such designation from time to time. Inverness
agrees to cooperate with Matritech throughout the term of this
Agreement to establish or develop alternate subcontract
manufacturers for the Product to ensure Matritech will have an
uninterrupted and adequate supply of Product.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.0+ADw-span
style+AD0-'letter-spacing:
9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADsAPA-u+AD4-Quality
of the Products+ADw-/u+AD4APA-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.1+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Inverness
warrants to Matritech that all Products supplied to Matritech under
this Agreement shall conform in all material respects to the
Specification at the time of delivery and over the shelf life of
the Product specified in clause 4.7 below.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div
style+AD0-'margin-left:1.0in'+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:-.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.2+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Matritech
may reject any of the Products which do not comply with clause 4.1
in accordance with the processes described in clause 4.6.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.3+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-For
the purposes of assuring to Matritech the quality of the Products
required under this Agreement, Inverness shall, and shall cause
each Approved Custom Manufacturer to, permit the duly authorized
representatives of Matritech, at any time during normal working
hours and on reasonable notice, to inspect, at its own expense, any
premises of Inverness and/or the Approved Custom Manufacturer where
any of the Products are manufactured or stored by such party. Such
inspection shall only take place during the regular business hours
of Inverness or the Approved Custom Manufacturer, and in such a
manner as not to interfere unreasonably with the normal business
activities +ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4-
+ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4-8+ADw-/p+AD4- +ADw-div
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4- +ADw-hr size+AD0-2
width+AD0AIg-100+ACUAIg- noshade color+AD0-black
align+AD0-center+AD4- +ADw-/div+AD4- +ADw-/div+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-of Inverness or the Approved
Custom Manufacturer. Such inspections shall not be conducted
hereunder more frequently than once every twelve (12) months,
provided, however, that in the event that an inspection reveals
material deficiencies in the Product, or customers have complained
about specific quality or performance issues, Matritech may require
additional inspections in such twelve (12) month period. Prior to
commencing any such inspection, any representative of Matritech
that is not subject to a binding and enforceable confidentiality
agreement with Inverness or the Approved Custom Manufacturer shall
enter into an agreement with Inverness and/or the Approved Custom
Manufacturer which prohibits the disclosure of any information
relating to Inverness or the Approved Custom Manufacturer to any
party, including Matritech, except that such auditor may issue a
report to Matritech, the sole purpose of which shall be to report
to Matritech whether Inverness or the Approved Custom Manufacturer
is in compliance with the requirements of clause 4.1 above,
including a summary of and sufficient detail regarding the scope,
quality, and methodology of such compliance or lack
thereof.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div
style+AD0-'margin-left:1.0in'+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:-.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.4+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Inverness
shall, or shall cause the applicable Approved Custom Manufacturer
to, submit to Matritech for approval a minimum of +AFs- +ACoAKg-
+AF0- samples of Product from each trial production run. For the
avoidance of doubt, Matritech shall pay for such samples in
accordance with Section 3 above. Inverness or the applicable
Approved Custom Manufacturer shall not commence any full production
run until Matritech has communicated its approval of the trial
production run samples to Inverness and the applicable Approved
Custom Manufacturer in Writing. Approval shall not be unreasonably
withheld or delayed by Matritech. If Written approval takes more
than ten (10) Business Days, Inverness shall be deemed not to be in
breach of any delivery obligations under this Agreement in respect
of the Products affected by such delay in approval. Once Matritech
has advised Inverness and the applicable Approved Custom
Manufacturer in Writing of its approval of the trial production run
samples, Inverness shall cause the full production run of the
Product to be manufactured and delivered to Matritech.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.5+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-The
Parties will agree upon the quality control system which will be
implemented at the premises of Inverness or the applicable Approved
Custom Manufacturer prior to the dispatch of the Products, whether
from a trial production run or a full production run. In the event
of a change of Specification during the term of this Agreement or a
regulatory change which results in the need for a revised quality
control system, the Parties agree to cooperate in good faith to
determine the revised quality control system to be implemented at
the premises of Inverness or the applicable Approved Custom
Manufacturer. Inverness agrees to, or to cause the Approved Custom
Manufacturer to, implement and utilize the quality control system,
as it is agreed to from time to time. +ADw-/span+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.6+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-In
the event of any Products failing to comply with the warranty set
forth in clause 4.1 above, Matritech shall notify Inverness and the
applicable Approved Custom Manufacturer in Writing of the failure
as soon as reasonably practicable. +ADw-/span+AD4APA-span
style+AD0-'color:black+ADs-letter-spacing:27.0pt'+AD4AJg-nbsp+ADsAPA-/span+AD4APA-span
style+AD0-'font-size: 10.0pt'+AD4-In the event that no such Written
notice of warranty breach is given to Inverness and the
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4AJg-nbsp+ADsAPA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4-9+ADw-/p+AD4- +ADw-div
class+AD0-MsoNormal align+AD0-center
style+AD0-'text-align:center'+AD4- +ADw-hr size+AD0-2
width+AD0AIg-100+ACUAIg- noshade color+AD0-black
align+AD0-center+AD4- +ADw-/div+AD4- +ADw-/div+AD4- +ADw-/div+AD4-
+ADw-div+AD4- +ADw-p class+AD0-MsoNormal+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-applicable Approved Custom
Manufacturer within ten (10) Business Days of the receipt of
Product at the Receiving Point, then that shipment of Product shall
be deemed to be accepted by Matritech, provided, however, that
Matritech reserves the right to revoke its acceptance and reject
the Products if subsequent testing, to occur within thirty (30)
calendar months after Matritech+IBk-s receipt of the Product at the
applicable Receiving Point, reveals that the Products fail to
conform in material respects with the Specification.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.7+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-The
Parties agree that upon the Effective Date, the shelf life of the
Products shall be +AFs- +ACoAKg- +AF0- and that any extension of
the shelf life (and revision of the Specification to a shelf life
longer than +AFs- +ACoAKg- +AF0-) shall only be made in writing
during the term of this Agreement based upon accumulation of
accelerated and/or real time data related to the Products.
+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-div+AD4- +ADw-p
class+AD0-MsoNormal+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.8+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-Matritech
shall inform Inverness and the applicable Approved Custom
Manufacturer in Writing of any claim relating to quantitative
defects in shipments (shortfall or overage) of Product within
thirty (30) days following actual receipt of such shipments by
Matritech at the Receiving Points, and Matritech shall provide
Inverness and the applicable Approved Custom Manufacturer with
copies of any appropriate documents relating to such quantitative
defects that Matritech has in its possession. Inverness shall, or
shall cause the applicable Approved Custom Manufacturer to, provide
Matritech with any quantities of such Product missing as soon as
reasonably possible after receipt of notice from Matritech.
Matritech shall only be obligated to pay for actual quantities of
Product received. Any claim for a quantitative defect which is not
made within such thirty (30) day period shall be deemed to have
been waived by Matritech.+ADw-/span+AD4APA-/p+AD4- +ADw-/div+AD4-
+ADw-div style+AD0-'margin-left:1.0in'+AD4- +ADw-p
class+AD0-MsoNormal
style+AD0-'text-indent:-.5in'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/p+AD4-
+ADw-/div+AD4- +ADw-div+AD4- +ADw-p class+AD0-MsoNormal
style+AD0-'text-indent:.5in'+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4-4.9+ADw-span
style+AD0-'letter-spacing:9.0pt'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAPA-/span+AD4AJg-nbsp+ADs-In
the event of any Product failing to comply with the warranty set
forth in clause 4.1 above, Matritech shall have the option of
requiring Inverness to provide replacement Product manufactured by
Inverness or the applicable Approved Custom Manufacturer or to
issue a credit for the amount of the Product supplied which did not
meet such warranty. In addition, Inverness shall pay Matritech the
reasonable cost of the Matritech Raw Materials which were
incorporated into the rejected Product and the cost of all
shipping, insurance and other charges incurred by Matritech in
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