Agreement for Perpetual Use and Disposal of Patent ZL01256074.X between Nianfu Huo and Winner Medical & Textile Ltd. Zhuhai

Summary

This agreement is between Nianfu Huo and Winner Medical & Textile Ltd. Zhuhai. Nianfu Huo confirms that the patent in question was developed during his employment with Winner Medical and has not been transferred, pledged, or licensed to others. He grants Winner Medical the perpetual, free-of-charge right to use and fully dispose of the patent. The agreement is effective upon signing by both parties.

EX-10.2 17 v031470_ex10-2.htm

EXHIBIT 10.2

Agreement For Use And Disposal Of Patent

Party A: Nianfu Huo

Party B: Winner Medical & Textile Ltd. Zhuhai

Party A and Party B unanimously confirm as follows:

1.	Party A confirms that the patent numbered ZL01256074.X (the “Patent”) held by him is a service invention obtained during his employment service for Party B.

2.	Party B confirms that it has been utilizing the Patent free of charge since its announcement by the Intellectual Property Rights Bureau of the PRC on August 21^st 2002.

3.	Party A confirms he has never transferred or pledged the Patent right nor has he licensed use of the Patent to any third party.

4.	Party A hereby confirms he grants Party B the perpetual use right for the Patent from the signing date of this Agreement free of charge and Party B shall have full right of disposal over the Patent.

5.	This Agreement is signed in two originals and shall come into effect once it is signed or stamped by both parties.

Party A: Nianfu Huo Party	B: Winner Medical & Textile Ltd. Zhuhai
(Signature)	(Official Seal)
	Legal Representative: Jianquan Li
	(Signature)

Date: August 5^th, 2005