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LISCOMB v. TWINWOOD, INC.

Docket No. 8,463.

24 Mich. App. 353 (1970)

180 N.W.2d 280

LISCOMB v. TWINWOOD, INC.

Michigan Court of Appeals.

Decided June 3, 1970.

Attorney(s) appearing for the Case

Hughes & Truck, for plaintiff.

Lynch, Gallagher, Lynch & Kerr, for defendant.

Before: HOLBROOK, P.J., BRONSON, and MUNRO, JJ.

PER CURIAM.

Plaintiff and defendant entered into an agreement for the sale of plaintiff's patent rights in a catch-basin cleaner. Among other considerations, defendant agreed to pay plaintiff in the event of a Canadian sale of the rights, 12-1/2% of the net proceeds up to the amount of $12,500.1 A supplemental agreement provided that plaintiff was to receive $10,000 at the rate of $150 per month in the event that no Canadian sale was consummated...

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