10700 Bren Road West Minnetonka, MN 55343 USA Phone: 952-933-4666 Fax: 952-930-6157Iridex Corp • August 14th, 2007 • Electromedical & electrotherapeutic apparatus
This letter sets forth our mutual agreement with regard to: (a) the Product Supply Agreement, dated January 16, 2007, between Laserscope and Iridex Corporation (the “Supply Agreement”); (b) Iridex’s material, uncured breach of the Supply Agreement; and (c) the conditions under which Laserscope would agree not to exercise its right to terminate the Supply Agreement immediately.
SETTLEMENT AGREEMENTSettlement Agreement • August 14th, 2007 • Iridex Corp • Electromedical & electrotherapeutic apparatus
This Settlement Agreement (“Settlement Agreement”) is made and entered into as of the last date of signature below (the “Effective Date”), by and between IRIDEX Corporation, a Delaware corporation, having offices at 1212 Terra Bella Avenue, Mountain View, California 94043 USA (“IRIDEX”), Synergetics, Inc., a Missouri corporation, having offices at 3845 Corporate Centre Drive, O’Fallon, Missouri 63368, and Synergetics USA, Inc. a Delaware corporation, having offices at 3845 Corporate Centre Drive, O’Fallon, Missouri 63368 (collectively, “Synergetics”) (IRIDEX and Synergetics are individually referred to herein as a “Party,” and collectively as the “Parties”).
