Management Termination Agreement between Transax International Limited and Carlingford Investments Limited (December 30, 2011)
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Summary
This agreement, dated December 30, 2011, is between Transax International Limited and Carlingford Investments Limited. It confirms the termination of a previous Management Consulting Services Agreement dated July 1, 2007. Carlingford Investments Limited agrees that the agreement has not been assigned, is now terminated, and that it is not owed any compensation under the terminated agreement. Carlingford also waives any rights to future payments related to the prior agreement.
EX-10.45 16 exh10-45.htm MANAGEMENT TERMINATION AGREEMENT DATED DECEMBER 30, 2011 BETWEEN TRANSAX INTERNATIONAL LIMITED AND CARLINGFORD INVESTMENTS LIMITED. exh10-45.htm
Exhibit 10.45
Management Termination Agreement
Re: Management Consulting Services Agreement dated July 1, 2007 among Transax International Limited (the “Company”), Transax Limited, and Carlingford Investments Limited (the “Management Agreement”)
The undersigned hereby confirms and agrees that the above referenced Management Agreement has not been assigned by the undersigned and is hereby terminated. Further, the undersigned confirms and agrees that no amounts are owed to the undersigned under the Management Agreement and waives any rights it may have to any compensation payable to the undersigned under such agreement.
Carlingford Investments Limited
Sign: /s/ Stephen Walters
Title: Principle
Name: Stephen Walters
Date: December 30, 2011
