BINDING MEMORANDUM OF UNDERSTANDINGBinding Memorandum of Understanding • August 13th, 2009 • Xcorporeal, Inc. • Electromedical & electrotherapeutic apparatus • California
THIS BINDING MEMORANDUM OF UNDERSTANDING (this “Memorandum”) is made and entered into as of August 7, 2009 (the “Effective Date”) by and between National Quality Care, Inc., a Delaware corporation (“NQCI”), Xcorporeal, Inc., a Delaware corporation (“Xcorp”), and Xcorporeal Operations, Inc., a Delaware corporation (“Xcorp Ops” and, together with Xcorp, “XCR”). NQCI and XCR will be collectively referred to herein as “the Parties.”
