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Amendment No. 5 dated as of June 30, 2008 to Sub-License, Development and Technology Transfer Agreement

Technology License Assignment Agreement

Amendment No. 5 dated as of June 30, 2008 to Sub-License, Development and Technology Transfer Agreement | Document Parties: VERSADIAL, INC. | Innopump, Inc | Sea Change Group, LLC You are currently viewing:
This Technology License Assignment Agreement involves

VERSADIAL, INC. | Innopump, Inc | Sea Change Group, LLC

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Title: Amendment No. 5 dated as of June 30, 2008 to Sub-License, Development and Technology Transfer Agreement
Date: 11/14/2008

Amendment No. 5 dated as of June 30, 2008 to Sub-License, Development and Technology Transfer Agreement, Parties: versadial  inc. , innopump  inc , sea change group  llc
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Exhibit 10.22

 

Amendment No. 5 dated as of June 30, 2008 to Sub-License, Development and Technology Transfer Agreement dated May 1, 2005, as amended by Amendment No. 1 dated July 13, 2006, Amendment No. 2 dated April 1, 2007, Amendment No. 3 dated September 18, 2007, and Amendment No. 4 dated January 15, 2008 (as so amended, the “Sub-License Agreement”) between Sea Change Group, LLC, a New York limited liability company (“Licensor”) and Innopump, Inc., a Nevada corporation (“Licensee”).

 

RECITALS

 

Licensee and Licensor, having entered into the Sub-License Agreement, now wish to amend certain provisions of the Sub-License Agreement regarding the due dates and amount of payments to be made by Licensee to Licensor pursuant to the provisions of the Sub-License Agreement.

 

NOW THEREFORE, in consideration of the premises, the parties hereto agree as follows:

 

1. Change in Installment Payments. Paragraph 4 of the Sub-License Agreement is hereby amended as to Subparagraphs 4.2 of Amendment N


 
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