Termination Agreement for Services Agreement between East West Resources Corporation and Emergent BioSolutions Inc.
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Summary
This document confirms the mutual termination of a Services Agreement between East West Resources Corporation and Emergent BioSolutions Inc., effective December 30, 2010. After this date, the agreement is no longer in effect and no further payments are required. Both parties have agreed to these terms and acknowledged the end of their contractual relationship under the original agreement.
EX-10.1 2 ex10-1.htm ex10-1.htm
Exhibit 10.1
February 17, 2011
Greg Siegrist
President
East West Resources Corporation
12001 Glen Road
Potomac, MD 20854
Re: Services Agreement with Emergent BioSolutions Inc.
Dear Mr. Siegrist:
Reference is made to that certain Services Agreement (the “Agreement”), dated as of August 1, 2006, by and between East West Resources Corporation (“EWR”) and Emergent BioSolutions Inc. (“Emergent”). In consideration of the mutual agreement of EWR and Emergent, the Agreement is hereby terminated effective as of December 30, 2010 (the “Termination Date”), and shall be of no further force or effect and no further payments shall be due thereunder from and after the Termination Date.
Sincerely,
Emergent BioSolutions Inc.
By:/s/R. Don Elsey
Name: R. Don Elsey
Title: Senior Vice President
and Chief Financial Officer
Accepted and Agreed:
East West Resources Corporation
By: /s/Greg Siegrist
Name: Greg Siegrist
Title: President