EX-10.31 4 v70395ex10-31.txt EXHIBIT 10.31 1 EXHIBIT 10.31 October 3, 2000 VIA FAX (631) 752-3558 Michael Strauss Chairman and Chief Executive Officer CellMetrix, Inc. 1800 Walt Whitman Road Melville, NY 11747 USA Dear Michael: This letter confirms the mutual termination of the Patent and Technology License and Registration Rights Agreement between AccuMed International, Inc. ("AccuMed") and BCAM International, Inc. (renamed CellMetrix, Inc. "CellMetrix") dated March 29, 2000, as amended by a letter agreement dated August 11, 2000 (the "Agreement"). Such termination was effective as of September 1, 2000. Section 9.5 of the Agreement specifies the provisions of the Agreement which survive its termination and remain in full force and effect. AccuMed International, Inc. By: /s/ NORMAN J. PRESSMAN ------------------------------------------ Norman J. Pressman, Ph.D. President and Chief Scientific Officer Agreed and acknowledged: CellMetrix, Inc. By: /s/ MICHAEL STRAUSS Date: October 3, 2000 ------------------------------ ------------------------------ Michael Strauss Chairman and Chief Executive Officer (Please return executed confirmation to sender via fax)