by Arno Therapeutics, Inc
July 27th, 2005

Exhibit 10.3 September 15th, 2003 Geotheatre Productions Inc. 101-1870 Parkinson Way Kelowna, British Columbia V1Y 8C9 Dear Sirs: Re: Licensing agreement between John and Katherine Bracey and Geotheatre Productions Inc. Please be advised that John and Katherine Bracey waive any claim to product royalties under this agreement until January 1st, 2005. Sincerely, /s/ John Bracey Sept. 15th, 2003 - ---------------------------- John Bracey /s/ Katherine Bracey Sept. 15th, 2003 - ---------------------------- Katherine Bracey John and Katherine Bracey 101-1870 Parkinson Way, Kelonwa BC V1Y 8C9 Phone: 250.712.9354...Fax: 250.712.9364... Cell: 250.212.1644