Assignment Agreement between Curvelo Trade & Finance Ltd. and GEV 2000 KFT regarding Royce Biomedical Inc. Promissory Note

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Summary

Curvelo Trade & Finance Ltd. (the Assignor) has transferred its rights to $4,000 of the outstanding principal on a promissory note, originally issued by Royce Biomedical Inc., to GEV 2000 KFT (the Assignee). Royce Biomedical Inc. acknowledges this assignment. The agreement is effective as of February 14, 2005, and formalizes the transfer of a portion of the note's value from the Assignor to the Assignee.

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EX-10.8 3 ex10-8.txt ASSIGNMENT AGREEMENT Dated the 14th day of February, 2005 For good and valuable consideration (receipt and sufficiency is hereby acknowledged), Curvelo Trade & Finance Ltd. (the "Assignor") hereby assigns all rights, title and interest to a portion of the Promissory Note (copy attached hereto), issued by Royce Biomedical Inc. to the Assignor, to GEV 2000 KFT (the "Assignee") in the amount of $4,000.00 of the outstanding principal balance of the Note. /s/ Garcia Cordoba Guadalupe Xochinua /s/ Zsuzsa Horvath Gyozone - -------------------------------------- ----------------------------- Assignor, Curvelo Trade & Finance Ltd. Assignee, GEV 2000 KFT This Assignment is hereby acknowledged by Royce Biomedical Inc. /s/ Donald Gee - ----------------------------- by its authorized signatory Royce Biomedical Inc.