Notice of Termination of Cooperative Research and Development Agreement between USDA/ARS and HepaLife Biosystems, Inc.

Contract Categories: Business Operations › Termination Agreements
Summary

This letter from HepaLife Biosystems, Inc. to the USDA's Agricultural Research Service (ARS) provides formal written notice to terminate their Cooperative Research and Development Agreement (CRADA 58-3K95-8-1238), effective November 30, 2008. The notice is given in accordance with Article 13 of the agreement. The letter thanks the USDA/ARS for their collaboration and offers to address any further questions.

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EX-10.3 5 ex10_3.htm EXHIBIT 10.3 ex10_3.htm
Exhibit  10.3

October 1, 2008


Martha B. Steinbock
cc: Robert J. Griesbach
USDA-ARS-OTT
5601 Sunnyside Avenue
Beltsville, MD 20705-5131


RE:  Termination of CRADA 58-3K95-8-1238

Dear Mrs. Steinbock,

According to Article 13 of our Cooperative Research and Development Agreement 58-3K95-8-1238 between USDA/ARS and HepaLife Biosystems, Inc., herewith we provide written notice to terminate the agreement effective November 30, 2008.

We would like to thank you for the very fruitful R&D cooperation over the last years.

Please do not hesitate to contact me if there are further questions.



Sincerely,

HEPALIFE BIOSYSTEMS, INC



/s/ Frank Menzler

Frank Menzler
Chief Executive Officer