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Form 8-K for CAVITATION TECHNOLOGIES, INC. 18-May-2010 Entry into a Material Definitive Agreement, Financial Statements an Item 1.01 Entry into a Material Definitive Agreement On May 13, 2010, the Board of Directors of Cavitation Technologies, Inc. approved an assignment to Cavitation Technologies, Inc., of a patent assignment agreement between Roman Gordon and Hydrodynamic Technology, Inc. originally dated July 1, 2008. The terms of the agreement provide that Mr. Gordon is to be paid a royalty equal to 5% of the gross sales amount resulting from the licensing or leasing of products embodying the technology previously developed by Mr. Gordon. On May 13, 2010, the Board of Directors of Cavitation Technologies, Inc. approved an assignment to Cavitation Technologies, Inc., of a patent assignment agreement between Igor Gorodnistky and Hydrodynamic Technology, Inc. originally dated July 1, 2008. The terms of the agreement provide that Mr. Gorodnitsky is to be paid a royalty equal to 5% of the gross sales amount resulting from the licensing or leasing of products embodying the technology previously developed by Mr. Gorodnitsky. ITEM 9.01 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits Exhibit No. Description 10.1 Patent Assignment Agreement between Roman Gordon and Hydrodynamic Technology, Inc. dated July 1, 2008. 10.2 Patent Assignment Agreement between Igor Gorodnitsky and Hydrodynamic Technology, Inc. dated July 1, 2008. 10.3 Assignment of Roman Gordon Patent Assignment Agreement to Cavitation Tecnhologies, Inc. 10.4 Assignment of Igor Gorodnitsky Patent Assignment Agreement to Cavitation Tecnhologies, Inc. http://biz.yahoo.com/e/100518/cvat.ob8-k.html |
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| aus der Diskussion: | CAVITATION TECH NEWS THREAD |
| Autor (Datum des Eintrages): | waldy40 (20.05.10 10:09:20) |
| Beitrag: | 79 von 82 (ID:39553109) |
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