CONFIRMATION OF WAIVER OF CONDITIONS PRECEDENT

Waiver Agreement

You are currently viewing:

This Waiver Agreement involves

Cellynx, Inc | Norpac Technologies, Inc | O'Neill Law Group PLLC

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

Title: CONFIRMATION OF WAIVER OF CONDITIONS PRECEDENT
Date: 7/30/2008

EXHIBIT 2.3

CONFIRMATION OF WAIVER OF CONDITIONS PRECEDENT

To:	Norpac Technologies, Inc.
	Attention: John P. Thornton, President
	Suite 410, 103 East Holly Street
	Bellingham, WA 98225

And to:	O’Neill Law Group PLLC
	Attention: Stephen F.X. O’Neill
	435 Martin Street, Suite 1010
	Blaine, WA 98230

This will confirm that Cellynx and the Cellynx Shareholders have agreed to waive conditions of closing under paragraph 7.1 of the Share Exchange Agreement (the “Share Exchange Agreement”) dated as of January 3, 2008, as amended May 20, 2008, among Norpac Technologies, Inc. (“Norpac”), Cellynx, Inc. (“Cellynx”), and the shareholders of Cellynx and to accept the variations necessary to the representations of Norpac under paragraph 7.2 of the Share Exchange Agreement as a result of the following:

1. the total outstanding common shares of Norpac at closing will be 48,097,890 prior to completion of the issuance of shares to the Cellynx Shareholders and following completion of a private placement of 10,500,000 units, with eac

SITE SEARCH

AGREEMENTS / CONTRACTS

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates