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LICENSE TERMINATION AGREEMENT

Termination Agreement

LICENSE TERMINATION AGREEMENT | Document Parties: Coates Trust |  Coates International, Ltd You are currently viewing:
This Termination Agreement involves

Coates Trust | Coates International, Ltd

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Title: LICENSE TERMINATION AGREEMENT
Governing Law: New Jersey     Date: 4/17/2007

LICENSE TERMINATION AGREEMENT, Parties: coates trust ,  coates international  ltd
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Exhibit 10.20


 

LICENSE TERMINATION AGREEMENT

(Coates Trust to CIL)

 

This License Termination Agreement (the “ Agreement ”) is entered into as of April 6, 2007 between Coates Trust, a trust formed under the laws of the Commonwealth of the Bahamas, having an address at Katherina Court 101, East Hill Place, Market Street, North, Nassau, the Bahamas (“ Coates Trust ”) and Coates International, Ltd., a Delaware corporation (“ CIL ”).

 

WHEREAS, Coates Trust and CIL entered into that certain License Agreement, dated as of October 23, 2006 (the “ 2006 License ”); and

 

WHEREAS, after signing the 2006 License CIL’s business needs changed, so the 2006 License was not implemented;

 

NOW THEREFORE, in consideration of the foregoing and in further consideration of t


 
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