Notice of Default under Limited Technology License Agreement between Maclath LTDA and Trillennium Medical Imaging, Inc.

Summary

This letter, dated September 27, 2007, is a formal notice from Trillennium Medical Imaging, Inc. to Maclath LTDA regarding a default under their Limited Technology License Agreement signed on June 29, 2007. Trillennium asserts that Maclath is in default based on specific sections of the agreement and notifies Maclath of its intention to exercise all legal rights available. The notice serves as an official warning and requests Maclath to address the default as required by the agreement.

EX-10.2 3 ex102.htm EXHIBIT 10.2 ex102.htm
Exhibit 10.2
 
 
 
   
 
 
 
                            September 27, 2007
 
Maclath LTDA
Mr. Curt Platt
Managing Director
Edificio Colon, Paseo Colon Piso 8, Oficina 8-4
San Jose, Costa Rica
 
Via DILL: 827 9020 691
 
Re.:               NOTICE OF DEFAULT
 
Subject              Limited Technology License Agreement, dated June 29, 2007
My Client          Trillennium Medical Imaging, Inc.
 
Dear Mr. Plan:
 
    This Notice of Default is provided to you pursuant to Section 132 of the "Limited Technology License Agreement" (the "Agreement") entered into between Maclath, Ltda and Trillennium Medical Imaging, Inc. on June 29, 2007,
 
    Maclath, Ltda is in default pursuant to the Agreement's "Events of Default" as that phrase is defined in Section 13.1(b), (c), (d), and (e) (ii) of the Agreement.
 
    Be advised that Trillennium intends to exercise any and all rights to which it is legally entitled. Please govern yourself accordingly.
 
 
 
Sincerely,        
         
         
/s/  Norman A. Abood
   
 
 
Norman A. Abood
   
 
 
 
   
 
 
         
Cc.:Seth Bogner         
Via e-mail:  ***@***
       
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