EX-10.5
from 8-K
1 page
(B) in the Event the Trigger Event Occurs, I Agree That Upon Exercise of the Company’s Option Set Forth in Section 2a of the Repurchase Agreement and the Payment to Me of $50,000, the Company Will Cancel 472,500 Options to Purchase the Company’s Common Stock Represented by Option No. 0-Fermavir-05-A-003. in Addition, Pursuant to Section 2.4 of the Taa, Within Thirty (30) Days After the Exercise Notice (As Defined in the Taa) Has Become Effective, the Company Shall Transfer, in Exchange for the Consideration Set Forth in Section 2.3 of the Taa, All Rights, Title and Interest in and to the Core Technology (As Defined in the Taa), Without Any Encumbrance or Lien (But Subject to Any Development or Research Right or Licenses Granted by the Company Prior to the Exercise Date (As Defined in the Taa) and the Payment of the Purchase Note (As Defined in the Taa)), and the Company Will Deliver the Core Technology, Including Any Documentation Thereto, to the Holders or Any Assignee of the Holders, Including, Without Limitation, University Cardiff Consultants Limited, as Directed in the Exercise Notice
12/34/56
EX-10.4
from 8-K
1 page
(B) in the Event the Trigger Event Occurs, I Agree That Upon Exercise of the Company’s Option Set Forth in Section 2a of the Repurchase Agreement, Upon Payment to Me of $50,000, the Company Will Cancel 472,500 Options to Purchase the Company’s Common Stock Represented by Option No. 0-Fermavir-05-A-002. in Addition, Pursuant to Section 2.4 of the Taa, Within Thirty (30) Days After the Exercise Notice (As Defined in the Taa) Has Become Effective, the Company Shall Transfer, in Exchange for the Consideration Set Forth in Section 2.3 of the Taa, All Rights, Title and Interest in and to the Core Technology (As Defined in the Taa), Without Any Encumbrance or Lien (But Subject to Any Development or Research Right or Licenses Granted by the Company Prior to the Exercise Date (As Defined in the Taa) and the Payment of the Purchase Note (As Defined in the Taa)), and the Company Will Deliver the Core Technology, Including Any Documentation Thereto, to the Holders or Any Assignee of the Holders, Including, Without Limitation, University Cardiff Consultants Limited, as Directed in the Exercise Notice
12/34/56