![]() Allocation and Payment of Office Costs and Expense. NOW THEREFORE, in consideration of the mutual promises and benefits to be derived by the parties, they do hereby agree to the following:ġ. ![]() Whereas, this Agreements memorializes the agreement between Bakhu and OZC with regard to Bakhu’s sharing of the costs and expenses associated with the Premises, and other matters associated with an office sharing arrangement. Emmitt the President and CEO of Bakhu, and for Bakhu’s accounting staff.ĭ. and its principal Donald Clark who provides advisory and consulting services through OZC on behalf of Bakhu in furtherance of the efficacy demonstration, and Bakhu’s anticipated sublicensing efforts, and (ii) to Thomas K. ![]() Whereas, OZC provides office space, equipment, telephone and internet service, utilities answer services and support staff (i) to Bus Dev Centre, Inc. Whereas, OZC is a principal shareholder of Bakhu, and pursuant to that certain Efficacy Demonstration Laboratory Agreement dated Jentered into by and between OZC and Bakhu, OZC has undertaken on behalf of Bakhu and is providing financial, technical, and management resources in furtherance of the completion of efficacy demonstration requirements under that certain Amended and Restated Patent and Technology License Agreement dated Decem(the “ Restated License”) between Cell Science Holdings Ltd., a Cypress corporation (“ Licensor”) and Bakhu as the “ Licensee”.Ĭ. Whereas, OZC is the lessee of office space located at One World Trade Center, Suite 130, Long Beach, CA 90831 (the “ Premises”) comprised of a foyer-reception area, secured server room, kitchen, four private offices and two open internal cubical spaces.ī.
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