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EXHIBIT 10.25
Second Addendum to the Technology License
Agreement between
The Research Foundation of State University of New
York for and on behalf of University at
Buffalo and Donald
D. Hickey, M.D. and
Clas E. Lundgren, M.D., Ph.D.
and Scivanta Medical
Corporation This Second Addendum (this
“Second Addendum”) to the Technology License Agreement
(as such term is defined below), entered into as of the 23rd day of
October, 2008 (the “Second Addendum Effective Date”),
is by and among The Research Foundation of State University of New
York, for and on behalf of University at Buffalo, a non-profit
corporation organized and existing under the laws of the State of
New York (the “Foundation”), Donald D. Hickey, M.D.
(“Hickey”) and Clas E. Lundgren, M.D., Ph.D. (a/k/a
Claes Lundgren and referenced herein as “Lundgren”) and
Scivanta Medical Corporation (formerly Medi-Hut Co., Inc.), a
corporation duly organized under the laws of the State of Nevada,
and having its principal place of business at 215 Morris Avenue,
Spring Lake, New Jersey 07762 (“Licensee”). Foundation,
Hickey and Lundgren will be collectively referenced herein as
“Licensor.” Capitalized terms used herein, but not
otherwise defined herein, shall have such meanings as given to such
terms in the Technology License Agreement. WHEREAS, Licensor
and Licensee entered into an exclusive Technology License Agreement
on November 10, 2006, as amended on June 29, 2007 (the
“Technology License Agreement”), to facilitate the
development and commercialization of certain technology owned by
Licensor so that this technology may be utilized to the fullest
extent for the benefit of Licensee, Licensor, the inventor(s) and
the public; and WHEREAS, Licensor and Licensee desire to
modify the aforementioned Technology License Agreement for the
mutual benefit of both parties; NOW, THEREFORE, in
consideration of the mutual promises and covenants contained
herein, and for other good and valuable consideration, the receipt
of which is hereby acknowledged, the parties agree as follows:
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1.
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The modifications of the Technology License Agreement herein
will be effective as of th
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