EXHIBIT 10.8
ASSIGNMENT/TRANSFER OF INTELLECTUAL PROPERTY RIGHTS
In consideration of the sum of $21,600.00 USD, the receipt and sufficiency
of which is hereby acknowledged by Essentially Yours Industries Corp whose
principal business address is #201 -- 8322 -- 130th Street Surrey, B.C. V3W 8J9
("Assignor") the Assignor hereby sells, assigns and transfers to Essentially
Yours Industries, Inc. whose principal business address is 3960 -- Howard Hughes
Parkway, Suite 500, Las Vegas, NV 89109 ("Assignee"), all of its right, title
and interest that it may have in and to those certain Trademarks or copyrighted
marks as more specifically set out and identified on Schedule A (the "Marks")
and those certain formulas ("Formulas") to certain products as more specifically
set out and identified on Schedule A. The Assignee accepts the assignment as set
out herein.
The Assignor acknowledges that it has been paid in full for its right,
title and interest in and to the Marks and Formulas.
The Assignor further states that it waives all legal and moral rights in
respect of all the intellectual property on its behalf and on behalf of its
successors and assigns.
The Assignor undertakes to do all things reasonably necessary to give the
effect to this assignment, including obtaining any assignments and waivers, and
executing any written documents to give effect to this assignment and to deliver
to the Assignee all copies of the Formulas in its possession or control.
The Assignor will execute such further documents, without further
consideration, as may be necessary or desirable to record the title of the
Assignee.
This assignment will be governed by the laws of the State of Nevada.
Essentially Yours Industries Corp Essentially Yours Industries, Inc.
By: /s/ Barry LaRose By: /s/ Jay Sargeant
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Name: Barry LaRose Name: Jay Sargeant
-------------------------------- --------------------------------
Title: President Title: President
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Date: August 28, 2002 Date: August 28, 2002
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SCHEDULE A
Canadian Trademarks
Product Status Owner
- ------- ------ -----
Sea Krit(R) Registered trademark Michel Grise Consultants Inc.
Neo Cell(R) Registered trademark Michel Grise Consultants Inc.
Melan Plus(R) Registered trademark Michel Grise Consultants Inc.
Golden Treat(R) Registered trademark Michel Grise Consultants Inc.
Definition(R) Registered trademark Michel Grise Consultants Inc.
Emulgent(R) Registered trademark Michel Grise Consultants Inc.
Agrisept-L(R) Registered trademark Michel Grise Consultants Inc.
Beaugest(R) Registered trademark Michel Grise Consultants Inc.
Citrex(R) Registered trademark Michel Grise Consultants Inc.
Calorad(R) Registered trademark Michel Grise Consultants Inc.
NRG Abandoned Michel Grise Consultants Inc.
Triomin Abandoned Michel Grise Consultants Inc.
Bellaffina(TM) Allowed ITU filed Michel Grise Consultants Inc.
Parablast(TM) Allowed ITU filed Michel Grise Consultants Inc.
Livocare Michel Grise Consultants Inc.
Ultra Form Michel Grise Consultants Inc.
American Trademarks
Product Status Owner
- ------- ------ -----
Calo Plus ITU app. filed EYI Corp
Essentially Smart ITU app. filed EYI Corp.
Essential Marine(R) Registered trademark EYI Corp
Essential Omega(TM) ITU, Abandoned EYI Corp
Iso greens(TM) ITU app. was Allowed EYI Corp
Noni Plus(TM) ITU app. was Allowed EYI Corp
Nutri Bears(TM) ITU app. was Allowed EYI Corp
Oxy Up(TM) ITU app. was Allowed EYI Corp
AL-O-E ITU app. Abandoned EYI Corp
AL-O-EE ITU app. Abandoned EYI Corp
Megasense(TM) Allowed EYI Corp
Risogreens(TM) Allowed EYI Corp
It's All Here(TM) ITU app. Trademark app. Sent EYI Corp
Citri-plus(R) Registered trademark EYI Corp
Essentially Yours(R) Registered trademark EYI Corp
Essentially Yours Industries(R) Registered trademark EYI Corp
** ITU refers to Intent to use application for trademark.
Formulas
Product
- -------
All products listed above whose trademark is indicated to be owned by EYI Corp
plus the following:
An Ox4 + any trademark or copyright rights relating thereto
C-Essence + any trademark or copyright rights relating thereto
Essential Paradise + any trademark or copyright rights relating thereto
IFG Supreme + any trademark or copyright rights relating thereto
Triomin + any trademark or copyright rights relating thereto
Essential Oils + any trademark or copyright rights relating thereto
(Essential Oils include Image, Oh Baby Baby, Only You,
Quantum, Sensational, Signature Series, That Hair stuff and
WOW)