Equity Investment Commitment Letter between Novogen Limited and Marshall Edwards Inc. (September 28, 2011)
Novogen Limited has formally committed to invest at least $2,000,000 in its subsidiary, Marshall Edwards Inc., by June 30, 2012. This letter, addressed to the Board of Directors of Marshall Edwards Inc., serves as an unconditional promise from Novogen to provide the specified equity investment within the stated timeframe. The agreement is signed by Novogen's Chairman, William Rueckert.
Exhibit 10.2
The Board of Directors of Marshall Edwards Inc.
Marshall Edwards, Inc.
11975 El Camino Real
Suite 101
San Diego, CA 92130
Dear Board members:
On behalf of Novogen Limited (“Novogen”), Novogen unconditionally commits to make an equity investment in our subsidiary, Marshall Edwards Inc., in an amount of no less than $2,000,000 on or before June 30, 2012.
Executed on the 28th day of September 2011:
| By: | /s/ William Rueckert | |
| William Rueckert, Chairman | ||
| Novogen Limited | ||
140 Wicks Road, North Ryde NSW 2113
Tel: +6 12 9878 0088 Fax: +61 2 9878 0055
