EX-10.8 8 f8ka1ex10viii_universal.htm LETTER AGREEMENT APRIL 16 2009 f8ka1ex10viii_universal.htm
Exhibit 10.8
 
 
 
VIA DHL EXPRESS MAIL AND ELECTRONIC MAIL
 
Mr. Amechi Akpom
April 16, 2009
 
Department of Contracts and Grants
University of Southern California 837
Downey Way, Room 330
Los Angeles, CA 90089-1147
 
Dear Mr. Akpom:
 
We are in receipt of your letter of April 7, 2009 concerning our sponsored research project entitled, "Thin Film Solid State Organic Energy Conversion" which began May 1, 2006 subject to the research agreement between Global Photonic Energy Corporation (GPEC ) and the University of Southern California (USC) with an effective date of January 1, 2006 (the "Sponsored Research Agreement").
 
As you have requested this letter authorizes:
 
 
1.
An extension of the research project, as outlined in "Continuation Funding: Thin Film Solid State Organic Energy Conversion Devices" proposal, under our Sponsored Research Agreement,
 
 
2.
The necessary budgeted funding amount for the research project extension of $6,338,341, and
 
 
3.
An extension of the Sponsored Research Agreement's Period of Performance to include May 1, 2009 through April 30, 2014.
 
We trust that you agree with the above. Please indicate your agreement by signing below and returning a copy with your original signature to me via overnight package.
 
Regards
 
/s/ Aaron L. Wadell
Aaron L. Wadell
Chief Operating Officer
GLOBAL PHOTONIC ENERGY CORPORATION
 
 
 

 
 
Mr. Amechi Akpom
April 16, 2009
Page 2

AGREED
 
The University of Southern California
 
Signed:
/s/ Jean Chan
 
     
Name:
Jean Chan
 
     
     
Title:
Sr. Contract & Grant Administrator
 
 
Department of Contracts & Grants
 
     
Date:  4/29/09  
 
cc:
Dean L. Ledger — GPEC
Amy B. Kornafel - GPEC
Dr. Mark Thompson - USC