Notice of Termination of the Cooperative Research and Development Agreement between HepaLife Technologies, Inc. and the U.S. Department of Agriculture, Agricultural Research Service

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