TERMINATION AGREEMENT

Termination Agreement

You are currently viewing:

This Termination Agreement involves

AESP INC | Daidone-Steffens, LLC

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.

Title: TERMINATION AGREEMENT
Date: 5/11/2005
Industry: Computer Peripherals Sector: Technology

EXHIBIT 10.50

TERMINATION AGREEMENT

This Termination Agreement (“Agreement”) is made and entered into as of the 3rd day of May, 2005 (“Effective Date”) by and between AESP, Inc. (“AESP”), a Florida Corporation, and Daidone-Steffens, LLC, a Pennsylvania Limited Liability Company (“Daidone”).

WHEREAS , AESP and Daidone are parties to that certain License Agreement dated December 31, 2003 (“License Agreement”), and

WHEREAS, AESP and Daidone have agreed that the License Agreement shall be terminated effective as of the Effective Date.

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

	1.	The License Agreement is hereby terminated, effective as of the Effective Date. As of such date, the parties hereby release each other from any and all obligations under the License Agreement.

	2.	AESP and Daidone hereby fully and forever relea

SITE SEARCH

AGREEMENTS / CONTRACTS

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates