GREY:TSTIF - Post by User
Comment by
BlackAngus1979on Jul 31, 2018 9:30am
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Post# 28390289
RE:RE:Well looks like we are down to the last day!!!!
RE:RE:Well looks like we are down to the last day!!!!This is what just happened (See the Bold Print Below):
The Parties have also agreed to begin immediate negotiations on additional modifications to the distribution relationship with the objective of further increasing the speed, flexibility and effectiveness of the relationship. The Sales and Repurchase Agreement and the Exclusive Distribution Agreement signed between the Parties on November 25, 2015, will terminate on August 1, 2018 unless extended by mutual agreement. If agreement between the parties is not reached, TSO3 has agreed, by July 1, 2019, to repurchase Getinge's remaining STERIZONE® VP4 Sterilizers at the same unit price in the Sales and Repurchase Agreement.
Key word being Terminate!! I am shocked that Rick didnt at very least get an ammending agreement signed! But the day isnt over!!! we still have a very small amount of hope.