AMENDMENT 4 TO THE COLLABORATIVE RESEARCH AGREEMENT BETWEEN GENERAL ELECTRIC COMPANY AND ENDRA LIFE SCIENCES INC.
Exhibit 10.1
AMENDMENT
4
TO
THE
BETWEEN
GENERAL
ELECTRIC COMPANY
AND
This
Amendment 4 to the Collaborative Research Agreement ("Amendment"),
effective as of the last date of signing below ("Effective Date"),
amends the Collaborative Research Agreement between General
Electric ("GE") & ENDRA Life Sciences Inc. ("ENDRA"), which
became effective as of April 22, 2016, as amended by that certain
Amendment 1 to the Collaborative Research Agreement, dated April
21, 2017, that certain Amendment 2 to the Collaborative Research
Agreement, dated January 30, 2018, and that certain Amendment 3 to
the Collaborative Research Agreement, dated January 13, 2020 (the
"Agreement").
RECITALS
WHEREAS, the
parties wish to amend the Agreement to provide for a revised TERM,
which includes changes to the Agreement as set forth
below.
THEREFORE, the
parties hereby agree to the following amendment:
1.
Section 9.1 of the
Agreement shall be deleted and restated as follows:
This Agreement will remain in effect until
December 16, 20221 unless
terminated sooner or extended in writing signed by the parties in
accordance with this Agreement.
2.
Capitalized terms
not defined in this Amendment will have the meanings assigned in
the Agreement.
3.
Except as
explicitly modified, all terms, conditions and provisions of the
Agreement shall continue in full force and effect.
4.
In the event of any
inconsistency or conflict between the Agreement and this Amendment,
the terms, conditions and provisions of this Amendment shall govern
and control.
5.
This Amendment and
the Agreement constitute the entire and exclusive agreement between
the parties with respect to this subject matter. All previous
discussions and agreements with respect to this subject matter are
superseded by the Agreement and this Amendment.
Signature Page Follows
_____________________________
Acceptance
of these terms is documented by the signature and date of the
responsible parties in the space designated below.
GE Healthcare
|
ENDRA Life Sciences Inc.
|
Signature:
/s/ Xxxxx
XxXxxxxxx
|
Signature:
/s/ Xxxxxxxx
Xxxxxxxx
|
Name:
Xxxxx XxXxxxxxx
|
Name:
Xxxxxxxx Xxxxxxxx
|
Title:
GM General Imaging Ultrasound
|
Title:
CEO
|
Date:
16-Dec-2020
|
Date:
Dec 16, 2020
|
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