SEC Contract Filing

Filing Date: 2015-03-31

Document Content:
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<TYPE>EX-10.6
<SEQUENCE>4
<FILENAME>v404798_ex10-6.htm
<DESCRIPTION>EXHIBIT 10.6
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.6</B></P>

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 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; background-color: transparent"><FONT STYLE="background-color: white"><B>RenalTech
 International, LLC </B></FONT></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; background-color: transparent"><FONT STYLE="background-color: white"><B>320
 East 65th Street, Suite 116 </B></FONT></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; background-color: transparent"><FONT STYLE="background-color: white"><B>New
 York, NY 10021 </B></FONT></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; background-color: transparent"><FONT STYLE="background-color: white"><B>Telephone:&nbsp;&nbsp;&nbsp;212-717-8644</B></FONT></P></TD></TR>
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 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; background-color: transparent"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; background-color: white"><B>Facsimile:&nbsp;&nbsp;&nbsp;&nbsp;212-717-8643</B></FONT></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; background-color: transparent"><B><U>www.renaltech.com</U></B></P>
 <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; background-color: transparent"><FONT STYLE="font: 10pt Times New Roman, Times, Serif; background-color: white"><B>E-mail:
 </B></FONT><B>info@renaltech.com</B></P></TD></TR>
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 <TD STYLE="width: 65%; text-align: left; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white">Guillermina Vega Montiel</FONT></TD>
 <TD STYLE="width: 35%; text-align: left; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white">August 11, 2003</FONT></TD></TR>
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 <TD STYLE="text-align: left; background-color: white; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white">P.O. Box 894</FONT></TD>
 <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
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 <TD STYLE="text-align: left; background-color: white; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white">Nogales, AZ 85628</FONT></TD>
 <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: transparent"><FONT STYLE="background-color: white">Dear
Guillermina,</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: transparent"><FONT STYLE="background-color: white">This
letter shall summarize the points of our discussion from 8/5 regarding the agreed incentive structure for your further investment
in RenalTech.:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: transparent">a.&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white">You
will purchase $4 million of Membership Units from RenalTech at a price of $3.25 per Unit with a ratchet provision that gives you
the lower price if within the next 12 months, after this investment, Membership Units are sold at a lower price.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: transparent">b.&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white">RenalTech
will grant you a royalty of 3% on all gross revenues received by RenalTech from the sales of the CytoSorb Device in the areas of
sepsis, cardio-pulmonary bypass, organ donation, chemotherapy and inflammation control. The term &ldquo;revenue&rdquo; shall include
all product sales revenue as well as license fees and proceeds from the sale of RenalTech&rsquo;s Cytosorb intellectual property.</FONT></P>

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 <TD STYLE="width: 20%; text-align: left">c. <FONT STYLE="font-family: Times New Roman, T