Corporation TERMINATION, PURCHASE AND LICENSE AGREEMENTTermination, Purchase and License Agreement • November 30th, 2009 • Bovie Medical Corp • Surgical & medical instruments & apparatus • New York
This Termination, Purchase and License Agreement ("Agreement") is made as of ____________________, 2008 ("Effective Date"), by and between Boston Scientific Corporation, One Boston Scientific Place, Natick, MA 01760 ("Seller"), and Bovie Medical Corporation, 7100 30th Avenue-North, St. Petersburg, FL 33710 ("Buyer") for the purpose of purchase and sale of certain rights and assets related to the Program (as defined in Section 1.1) and use of the rights and assets in the development, manufacture and sale of the Product (as defined in Section 1.2); assignments and licenses for certain intellectual property of the Parties; and termination of that certain Distribution Agreement between the Parties dated as of October 6, 2006, as amended on August 23, 2007 (the “Distribution Agreement”), all in accordance with this Agreement. Buyer and Seller are herein referred to collectively as “Parties” and individually as a “Party.”
