Development/Master Agreement Sample Contracts

DEVELOPMENT/MASTER AGREEMENT
Development/Master Agreement • November 12th, 2009 • POSITIVEID Corp • Communications equipment, nec • New York

This Development/Master Agreement is made this 21st day of September, 2009 by and between Receptors LLC, a Minnesota limited liability company (“Receptors”), and VeriChip Corporation, a corporation organized and existing under the laws of Delaware (“VeriChip”). Receptors and VeriChip shall be referred to individually as a “Party” and collectively as the “Parties.”

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FIRST AMENDMENT TO DEVELOPMENT/MASTER AGREEMENT
Development/Master Agreement • May 6th, 2010 • POSITIVEID Corp • Communications equipment, nec • Delaware

This First Amendment to Development/Master Agreement (the “Amendment”) is made this 22nd day of April, 2010 (the “Effective Date”), by and between PositiveID Corporation, a Delaware corporation formerly known as VeriChip Corporation (the “Company”), and Receptors, LLC, a Minnesota limited liability company (“Receptors”). The Company and Receptors shall be referred to individually as a “Party” and collectively as the “Parties.”

AMENDED AND RESTATED DEVELOPMENT/MASTER AGREEMENT
Development/Master Agreement • March 19th, 2010 • POSITIVEID Corp • Communications equipment, nec • New York

This Amended and Restated Development/Master Agreement is made this 26th day of February, 2010 by and between Receptors LLC, a Minnesota limited liability company (“Receptors”), and PositiveID Corporation (formerly known as VeriChip Corporation), a corporation organized and existing under the laws of Delaware (“PositiveID”), in order to amend and restate the Development/Master Agreement, dated October 6, 2009, by and between Receptors and PositiveID (the “Original Agreement”). Receptors and PositiveID shall be referred to individually as a “Party” and collectively as the “Parties.”

DEVELOPMENT/MASTER AGREEMENT
Development/Master Agreement • November 12th, 2009 • POSITIVEID Corp • Communications equipment, nec • New York

This Development/Master Agreement is made this 6th day of October, 2009 by and between Receptors LLC, a Minnesota limited liability company (“Receptors”), and VeriChip Corporation, a corporation organized and existing under the laws of Delaware (“VeriChip”). Receptors and VeriChip shall be referred to individually as a “Party” and collectively as the “Parties.”

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