Office Space and Consulting Services Agreement between MFIC Corp. and Irwin J. Gruverman (G&G Diagnostics)

Summary

This agreement, dated December 31, 2000, is between MFIC Corp. and Irwin J. Gruverman, acting for himself and as President of G&G Diagnostics Corporation. MFIC will provide office space, administrative support, and limited office resources to Mr. Gruverman at a monthly fee of $900. G&G Diagnostics will also pay MFIC $1,500 per month for consulting services provided by MFIC employee Jack Swig. The agreement is set to end when G&G Fund ceases its activities, projected for July 2001.

EX-10.45 6 a2043743zex-10_45.txt EXHIBIT 10.45 EXHIBIT 10.45 Irwin J. Gruverman December 31, 2000 16 Tanglewood Road Needham, MA 02494 Dear Mr. Gruverman: This will confirm our Agreement concerning charges you will incur in connection with your activities for G&G Diagnostics Corporation, and other arrangements. You may maintain an office in our premises at 30 Ossipee Road and will pay MFIC $900.00 per month for space, incidental administrative support, minor supplies usage, and limited use of the telephone and copying resources. You will reimburse MFIC for express charges, accounting help and materials and services purchased through our system. This arrangement will end when G&G Fund ceases its activities, projected as July, 2001. Jack Swig will be an employee of MFIC. He will be available to G&G on a limited consulting basis. G&G will reimburse MFIC at a rate of $1500.00 per month for such services, for so long as G&G carries on its activities, projected to end by July, 2001. MFIC CORP. /s/ Robert Bruno /s/ Irwin Gruverman - --------------------------- ---------------------------- Robert Bruno, COO Irwin Gruverman for myself and as /s/ Irwin Gruverman President, G&G - --------------------------- Diagnostics Corp. Irwin Gruverman, CEO, Chairman