##### 



Exhibit 10.2
 (LIFESCAN LOGO)
    
    LifeScan, Inc. 1000 Gibraltar Drive, Milpitas, CA
95035-6312 Tel: 408 263-9789 Fax: 408 946-6070
www.LifeScan.com
  
      1.6
    
    LIFESCANs Field means diabetes, including, without limitation:(a)
    
    the measurement of analytes for purposes of diagnosing, managing, monitoring,
prognosticating, treating, or curing diabetes;(b)
    
    the collection and/or analysis of data for the purpose of diabetes management;(c)
    
    the delivery of one or more therapeutic agents for the purpose of treating or managing
abnormal glucose metabolism, including, without limitation, the delivery of insulin,
insulin analogs, Glucagon-like proteins/peptides (GLPs), analogs of GLPs or GLP like
hormones; and(d)
    
    the measurement of glucose in humans for any other purpose, including, without
limitation, tight glycemic control.




---



##### 



(LIFESCAN LOGO)
    
    LifeScan, Inc. 1000 Gibraltar Drive, Milpitas, CA
95035-6312 Tel: 408 263-9789 Fax: 408 946-6070
www.LifeScan.com
  1.11
    
    Licensed Patents means those patents and patent applications identified on Exhibit
C, as well as any United States patent application, foreign counterpart, division,
continuation, continuation-in-part, reissue, renewal, and re-examination thereof and
patents issuing therefrom, patent extensions, certificates of invention and applications
for certificates of invention.1.12
    
    Supply Agreement means the master services and supply agreement between LifeScan and
Universal Biosensors and Universal Biosensors Pty Ltd, effective as of .1.13
    
    Supply Effective Date is defined in the Supply Agreement as Effective Date.
    2.4
    
    As of the effective date of this Amendment, LIFESCAN hereby grants to UNIVERSAL
BIOSENSORS a worldwide, royalty-free, non-exclusive license, with the right to sublicense,
to make, have made, use, and sell under and exploit in any way the Licensed Patents in the
Licensed Fields. The license granted in this Article 2.4 shall last until the last to
expire of the Licensed Patents. This
Article 2.4 shall survive the expiration or termination of this Agreement.




---



##### 



(LIFESCAN LOGO)
    
    LifeScan, Inc. 1000 Gibraltar Drive, Milpitas, CA
95035-6312 Tel: 408 263-9789 Fax: 408 946-6070
www.LifeScan.com
  AGREED AND ACCEPTED TO:
 UNIVERSAL BIOSENSORS INC.
    
    LIFESCAN, INC.By:
    
    
    
    By:Name:
    
    
    
    Name:Title:
    
    
    
    Title:Date:
    
    
    
    Date:




---



##### 



(LIFESCAN LOGO)
    
    LifeScan, Inc. 1000 Gibraltar Drive, Milpitas, CA
95035-6312 Tel: 408 263-9789 Fax: 408 946-6070
www.LifeScan.com
 EXHIBIT C
 LICENSED PATENTS
 Patent Number
    
    Issued Date
    
    TitleUS 6,872,298
    
    March 29, 2005
    
    Determination of Sample Volume
Adequacy in Biosensor DevicesUS 6,797,150
    
    September 28, 2004
    
    Determination of Sample Volume
Adequacy in Biosensor DevicesUS 7,195,704
    
    March 27, 2007
    
    Determination of Sample Volume
Adequacy in Biosensor DevicesUS 6,193,873
    
    February 27, 2001
    
    Sample Detection to Initiate Timing of an
Electrochemical AssayUS 6,676,995
    
    January 13, 2004
    
    Solution Striping SystemUS 6,689,411
    
    February 10, 2004
    
    Solution Striping System