***Denotes certain parts that have not been disclosed and have been filed separately with the
Secretary, Securities and Exchange Commission, and is subject to a confidential treatment request
pursuant to Rule 24b-2 of the Securities Exchange Act of 1934 , as amended.
MERIDIAN CO., Ltd
Page 1 of 12
EXCLUSIVE DISTRIBUTION AGREEMENT
THIS AGREEMENT dated as of 7 th of December, 2007.
NOW IT IS HEREBY AGREED as follows:
In this Agreement, any terms not otherwise defined in the Agreement shall have the following meanings:
Page 2 of 12
1. MERIDIAN CO. LTD ., a company incorporated under the laws of the Republic of Korea, having its
principal office located at 3FL, Poonglim Techone B/D, 273-10, Sungsu-Dong 2 Ga, Seongdong-Gu,
Seoul, Korea (the "Manufacturer"); and
2. LASERLIPO SARL , a company incorporated under the laws of the France (the "Distributor").
(Individually referred to as a “Party” and collectively as the “Parties”)
A. Manufacturer is a manufacturer and distributor of medical devices, including the Product, which forms the
subject matter of this Agreement;
B. Distributor is engaged in the business of the sale and distribution of specialty medical devices and related
products in the Territory;
C. Manufacturer and Distributor wish to enter into this Agreement to appoint Distributor as the exclusive
distributor of the Product in the Territory, subject to the terms and conditions of this Agreement.
means the physical delivery by the Manufacturer and acceptance of the Product by the
Distributor, which shall be at Incheon airport / Busan seaport or as agreed in writing
between the Parties;
"Effective Date" means the date first written above;
means free on board the location indicated;
means the Lapex 2000 BCS, as modified or improved from