Exhibit 10.15
Amendment to Exclusive License Agreement
Reference is made to that certain Exclusive License Agreement (the
"License Agreement") by and between X.X. Xxxxx Shoe Technologies, Inc. d/b/a
Dicon Technologies ("Dicon") and RSI Enterprises, Inc. ("RSI") dated as of July
1, 2001.
The License Agreement is hereby amended as set forth herein. Capitalized
terms shall have the meaning ascribed thereto in the License Agreement.
1. RSI shall have the right to enter into arrangements or agreements
with third parties to use third parties' logos, name, slogans and/or
marks on the RSI SPONGE PRODUCTS for advertising, promotion,
manufacture, distribution and sale.
2. RSI shall have the right to sublicense its rights granted pursuant
to the License Agreement and any amendments thereto. Each sublicense
shall be subject to and consistent with the terms of the License
Agreement and any amendments thereto.
3. As consideration for the modifications contained herein, RSI hereby
agrees that Dicon shall have the exclusive manufacturing rights for
any products ordered as a result of any agreements entered into by
RSI with third parties pursuant to Paragraph 1 of this Amendment.
4. Except as amended hereby, the terms of the License Agreement shall
remain in full force and effect and shall continue to be the binding
and legal obligation of the parties.
5. This Amendment may be executed in two or more counterparts, and by
different parties hereto on separate counterparts, each of which
shall be deemed an original, but all of which together shall
constitute one and the same instrument. This Agreement may be
executed by facsimile with original signatures to follow
[Signature page follows]
IN WITNESS WHEREOF, the parties hereto have executed this Amendment or
caused this Amendment to be executed by their duly authorized representatives as
of the 31st day of January 2006.
X.X. XXXXX SHOE TECHNOLOGIES, INC.
d/b/a DICON TECHNOLOGIES
/s/ Xxxxx Xxxxx
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Name: Xxxxx Xxxxx
Title: President
SPONGETECH DELIVERY SYSTEMS, INC.
/s/ Xxxxxx Xxxxxxxxx
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Name: Xxxxxx Xxxxxxxxx
Title: Secretary, Treasurer and Director
