Certificate Regarding Sales Agency Agreement Between Synotherm Corporation and Spheric Technologies, Inc.

Contract Categories: Business Operations › Sales Agreements
Summary

This certificate, issued by Synotherm Corporation, confirms that its Sales Agency Agreement with Spheric Technologies, Inc. is valid through December 14, 2010. It certifies that the 2008 purchase requirement of $300,000 has been met. For 2009 and 2010, if Synotherm's equipment performance causes delays, the deadlines for the $400,000 and $500,000 purchase requirements will be extended until fulfilled. The document clarifies the status and terms of the agreement between the two companies.

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EX-10.50 3 dex1050.htm CERTIFICATE OF SYNOTHERM CORPORATION Certificate of Synotherm Corporation

Exhibit 10.50

   SYNOTHERM Corporation
No.178 Changxing Road, Longping High-tech Garden, Zhanggongling, Changsha, Hunan, P.R. China 410126
Tel: 86 ###-###-#### ###-###-#### ###-###-####                Fax: 86 ###-###-####                E-mail: ***@***

 

 

 

July 13, 2009

Certificate

To whom it may concern,

This is to certify the following in relation to the Sales Agency Agreement (No. SAA0712) signed between SPHERIC TECHNOLGIES, INC. and SYNOTHERM CORPORATION (previously named CHANGSHA SYNO-THERM CO., LTD):

 

  (a) the Sales Agency Agreement is valid and in full force and effect through December 14, 2010;

 

  (b) that the required purchases in the amount of $300,000 under the Sales Agency Agreement for the year 2008 have been met; and

 

  (c) that if the time periods for fulfillment of the required purchases under the Sales Agency Agreement for the second year, 2009, in the amount of $400,000, and third year, 2010, in the amount of $500,000, cannot be completed due to equipment performance that is the responsibility of SYNOTHERM, the time periods for such required purchases will be extended until said purchase is fully completed.

Hu Peng

Vice President

SYNOTHERM CORPORATION