Distributor Appointment Agreement between Competitive Technologies, Inc. and GEOMC Co., Ltd. (August 22, 2008)

Contract Categories: Business Operations › Distribution Agreements
Summary

Competitive Technologies, Inc. (CTT) and GEOMC Co., Ltd. have agreed that CTT authorizes GEOMC to appoint an exclusive distributor for a pain management device in South Korea. This appointment is made under the same terms as their previous exclusive license agreement dated October 17, 2007. The agreement formalizes GEOMC's right to select the distributor, ensuring distribution rights in Korea remain exclusive and consistent with prior arrangements.

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EX-10.2 4 cttc8kgeomcx10-2.txt DISTRIBUTOR APPOINTMENT AGREEMENT BETWEEN COMPETITIVE TECHNOLOGIES, INC. AND GEOMC CO., LTD. DATED AUGUST 22, 2008 GRANTING RIGHTS IN SOUTH KOREA. Exhibit 10.2 DISTRIBUTOR APPOINTMENT IN KOREA Pursuant to the Territory Exclusive License Agreement of the Pain Management Device made October 17, 2007 between Competitive Technologies, Inc. (CIT) and GEOMC, both parties agree that CTT delegates GEOMC to designate the exclusive distributor for the Korea under the same conditions set forth in the Agreement. Date: August 22, 2008 Competitive Technologies, Inc. GEOMC //s// //s// ------------------------------ ---------------------------------- John B. Nano Young Hyun Lim Chairman, President & CEO President & CEO CTTC8K3411013