##### 



Exhibit 10.32    CAMBRIC PARTNERS,
 AN ARIZONA GENERAL PARTNERSHIP
 LANDLORD
  IMARX THERAPEUTICS, INC.,
 A DELAWARE CORPORATION
 TENANT




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##### 



LEASE SUMMARY
  Date:
    
    December 10, 2007Tenant:
    
    IMARX THERAPEUTICS, INC.,A DELAWARE CORPORATIONPremises:
    
    1730 East River Road, Suite 200 of the second (2nd) floor, City of Tucson, State of Arizona
85718 consisting of
approximately 7,849 rentable square feetBuilding:
    
    Cambric Corporate CenterTerm:
    
    Sixty (60) monthsLease Commencement:
    
    January 1, 2008 or upon substantial completion of Tenant ImprovementsLease Expiration:
    
    December 31, 2012Primary Term Rent:
    
    See Schedule GPre-Paid Rent:
    
    Landlord requires prepaid rent in the amount of $15,698.00 plus 2.5% tax for a total of $16,090.45 which
shall be applied to the basic rent for January 2008.Security Deposit:
    
    $19,433.47Total due atLease execution:
    
    $35,523.92Proportionate Share:
    
    7,849 S.F. (Leased Premises)  ̧ 163,368 S.F. (Building) = 4.80%Operating Expenses:
    
    2008 Base YearTenant Improvements:
    
    See Schedule HParking:
    
    See Schedule IGuarantor:Signage:
    
    Suite and directory signs shall be at the sole cost of Tenant.Monthly RentalRemittance Address:
    
    Cambric PartnersP.O. Box 22055Tempe, AZ 85285-2055All Checks Must Be Made Payable to Cambric PartnersNotice Address:
    
    2301 Campus Drive, Suite 200Irvine, CA 92612
 Standard Lease FormForm FSGLI (894)3/27/2008




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INDEX
 Page1. LEASED PREMISES
    
    
    12. TERM(a) Term
    
    
    1(b) Delay in Occupancy
    
    
    2(c) Holding Over
    
    
    23. RENT(a) Basic Rent
    
    
    2(b) Additional Rent
    
    
    2(i) Taxes
    
    
    2(ii) Operating Costs
    
    
    2(c) Payment  Additional Rent
    
    
    3(d) Accrual of Rent
    
    
    3(e) Recovery of Rent
    
    
    3(f) Limitations
    
    
    3(g) Late Fees
    
    
    44. SECURITY DEPOSIT
    
    
    45. GENERAL COVENANTS(a) Landlords Covenant
    
    
    4(b) Tenants Covenant
    
    
    46. USE AND OCCUPANCY(a) Use
    
    
    5(b) Waste, Nuisance, etc.
    
    
    5(c) Insurance Risks
    
    
    5(d) Compliance with Law
    
    
    5(e) Environmental Compliance
    
    
    5(f) Rules and Regulations
    
    
    57. ASSIGNMENT AND SUBLETTING(a) Restriction on Transfer
    
    
    5(b) Corporate and Partnership Transfers
    
    
    6(c) Permitted Controlled Transfers
    
    
    6(d) Transfer Notice
    
    
    6(e) Landlords Options
    
    
    7(f) Reasonable Disapproval
    
    
    7(g) Additional Conditions
    
    
    7(h) Excess Rent
    
    
    8(i) Termination Rights
    
    
    8(j) No Release
    
    
    9(k) Administrative and Attorneys Fees
    
    
    98. REPAIR AND DAMAGE(a) Landlords Repairs to Building and Property
    
    
    9(b) Landlords Repairs to the Leased Premises
    
    
    9(c) Tenants Repairs
    
    
    10(d) Indemnification
    
    
    10(e) Damage and Destruction
    
    
    10
 Standard Lease Form
    
    iForm FSGLI (894)3/27/2008




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Page9. INSURANCE AND LIABILITY(a) Landlords Insurance
    
    
    11(b) Tenants Insurance
    
    
    12(c) Limitation of Landlords Liability
    
    
    13(d) Indemnity of Landlord
    
    
    13(e) Definition of Insured Damage
    
    
    1310. EVENTS OF DEFAULT AND REMEDIES(a) Events of Default and Remedies
    
    
    13(b) Payment of Rent, etc. on Termination
    
    
    14(c) Tenant to pay on demand
    
    
    16ADDITIONAL PROVISIONS11. Relocation of Leased Premises
    
    
    1712. Subordination and Attornment
    
    
    1713. Certificates
    
    
    1714. Tenants Compliance with Govt Ordinances, Regulations and Laws
    
    
    1715. Inspection of and Access to the Leased Premises
    
    
    1816. Delay
    
    
    1817. Waiver
    
    
    1818. Sale, Demolition and Renovation
    
    
    1819. Construction
    
    
    1920. Public Taking
    
    
    1921. Registration of Lease
    
    
    1922. Entire Lease Agreement
    
    
    2023. Notices
    
    
    2024. Interpretation
    
    
    2025. Extent of Lease Obligations
    
    
    2026. Prior Use and Occupancy Prior to Term
    
    
    2127. Alterations, Additions and Improvements
    
    
    2128. Schedules
    
    
    2129. Brokers
    
    
    22
 Definitions of Principal Terms
    
    Paragraph
    
    PageAdditional Rent
    
    3(b)
    
    2Additional Services
    
    4(a)(b)
    
    D-2Basic Rent
    
    3(a)
    
    2Building
    
    1
    
    1Fiscal Period
    
    3(c)
    
    2Insured Damage
    
    9(e)
    
    13Landlord
    
    
    
    1Landlords Taxes
    
    1(d)
    
    C-1Leased Premises
    
    1
    
    1Leasehold Improvements
    
    1
    
    F-1Landlords Work
    
    2
    
    F-1Operating Costs
    
    5
    
    D-2Property
    
    1
    
    1Public Taking
    
    20
    
    19Rent
    
    3(d)
    
    3Taxes
    
    2(d)
    
    C-2Tenant
    
    
    
    1Tenants Proportionate Share
    
    2(d)
    
    C-2Tenants Proportionate Share
    
    8
    
    D-4Tenants Taxes
    
    2(c)
    
    C-1Term
    
    2(a)
    
    1
 Standard Lease Form
    
    iiForm FSGLI (894)3/27/2008




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##### 



Exhibits
    
    Schedule
    
    PageLegal Description of Lands
    
    A
    
    A-1Outline of Leased Premises
    
    B
    
    B-1Taxes payable by Landlord and Tenant
    
    C
    
    C-1Services and Costs
    
    D
    
    D-1Rules and Regulations
    
    E
    
    E-1Leasehold Improvements
    
    F
    
    F-1Basic Rent
    
    G
    
    G-1Tenant Improvements
    
    H
    
    H-1Parking
    
    I
    
    I-1Guaranty
    
    J
    
    J-1Tenant Information Sheet
    
    K
    
    K-1Signage Agreement
    
    L
    
    L-1License for Antenna Site
    
    M
    
    M-1Addendum to Lease
    
    N
    
    N-1
 Standard Lease Form
    
    iiiForm FSGLI (894)3/27/2008




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##### 



THIS AGREEMENT made this 10 th day of December 2007
 BETWEEN:
 CAMBRIC PARTNERS,
    
 OF THE FIRST PART,
  IMARX THERAPEUTICS, INC.,
      OF THE SECOND PART,
  1. LEASED PREMISES
 Leased Premises
 nd
 2. TERM
 Term
 st st
 Standard Lease Form
    
    1-1Form FSGLI (894)3/27/2008




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Delay in Occupancy
  Holding Over
  3. RENT
 Basic Rent
  Additional Rent
    Standard Lease Form
    
    2-1Form FSGLI (894)3/27/2008




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Payment
  Accrual of Rent
  Recovery of Rent
  Limitations
  Standard Lease Form
    
    3-1Form FSGLI (894)3/27/2008




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##### 



Late Fee
 th th
 4. SECURITY DEPOSIT
 Security Deposit
  5. GENERAL COVENANTS
 Landlords Covenant
    Tenants Covenant
    Standard Lease Form
    
    4-1Form FSGLI (894)3/27/2008




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6. USE AND OCCUPANCY
 Use
   Waste, Nuisance, Etc.
  Insurance Risks
  Compliance
With Law
  Environmental
Compliances
 (e)
  (i) to conduct and maintain
its business and
operations at the
Leased Premises so as
to comply in all
respects with common
law and with all
present and future
applicable federal,
provincial/state,
local, municipal,
governmental or
quasi-governmental
laws, by-laws, rules,
regulations, licenses,
orders, guidelines,
directives, permits,
decisions or
requirements,
concerning occupational
or public health and
safety or the
environment and any
order, injunction,
judgement, declaration,
notice or demand issued
thereunder,
(Environmental Laws).  Rules &
Regulations
  7. ASSIGNMENT AND SUBLETTING
 Restriction
On Transfer
  Standard Lease Form
    
    5-1Form FSGLI (894)3/27/2008




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Corporate and
Partnership
Transfers
 (b) For purposes of this Section 7, if Tenant is a
corporation, partnership or other entity, any
transfer, assignment, encumbrance or hypothecation
of twenty-five percent (25%) fifty percent (50%)or
more (individually or in the aggregate) of any
stock or other ownership interest in such entity,
and/or any transfer, assignment, hypothecation or
encumbrance of any controlling ownership or voting
interest in such entity, will be deemed a Transfer
and will be subject to all of the restrictions and
provisions contained in this Section 7.
Notwithstanding the foregoing, the immediately
preceding sentence will not apply to any transfers
of stock of Tenant if Tenant is a publicly-held
corporation and such stock is transferred publicly
over a recognized security exchange or
over-the-counter market.
 Permitted
Controlled
Transfers
  Transfer
Notice
  Standard Lease Form
    
    6-1Form FSGLI (894)3/27/2008




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Landlords Options
     Reasonable Disapproval
  Additional Conditions
  Standard Lease Form 
Form FSGLI (894) 
3/27/2008
    
    7-1




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Excess Rent
  Termination Rights
  Standard Lease Form 
Form FSGLI (894) 
3/27/2008
    
    8-1




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No Release
  Administrative and Attorneys Fees
  8. REPAIR & DAMAGE
 Landlords Repairs to Building & Property
    Landlords Repairs to the Leased Premises
  Standard Lease Form 
Form FSGLI (894) 
3/27/2008
    
    9-1




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Tenants Repairs
  Indemnification
  Damage & Destruction
   (ii)
    
    (1) unless the damage was caused
by the fault or negligence of the Tenant or its employees,
agents, invitees or others under its control, from the date of
occurrence of the damage and until the Leased Premises are again
reasonably capable for use and occupancy as aforesaid, the Rent
payable pursuant to this Lease shall abate from time to time in
proportion to the part or parts of the Leased Premises not
reasonably capable of such use and occupancy, and
  Standard Lease Form 
Form FSGLI (894) 
3/27/2008
    
    10-1




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9. INSURANCE AND LIABILITY
 Landlords Insurance
  Standard Lease Form 
Form FSGLI (894) 
3/27/2008
    
    11-1




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Tenants Insurance
      Standard Lease Form 
Form FSGLI (894) 
3/27/2008
    
    12-1




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Limitation of Landlords Liability
  Indemnity of Landlord
    Definition of Insured Damaged
  10. EVENTS OF DEFAULT AND REMEDIES
 Events of Default & Remedies
   Standard Lease Form 
Form FSGLI (894) 
3/27/2008
    
    13-1




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fifteen (15) thirty (30)
   (v) the Leased Premises shall be vacated or abandoned, or remain
unoccupied without the prior written consent of the Landlord for
fifteen (15) consecutive days or more while capable of being
occupied;
   Payment of Rent, etc. on Termination
    Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    14-1




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(1)
    
    the worth at the
time of award of any unpaid rent which had been earned
at the time of such termination; plus(2)
    
    the worth at the
time of award of the amount by which the unpaid rent
which would have been earned after termination until the
time of award exceeds the amount of such rental loss
that Tenant proves could have been reasonably avoided;
plus(3)
    
    the worth at the
time of award of the amount by which the unpaid rent for
the balance of the term after the time of award exceeds
the amount of such rental loss that Tenant proves could
be reasonably avoided; plus(4)
    
    the worth at the
time of award of any abated rent in connection with this
Lease or any subsequent extension of the Lease; plus(5)
    
    any other amount
necessary to compensate Landlord for all the detriment
proximately caused by Tenants failure to perform the
Tenant obligations under this Lease or which in the
ordinary course of things would be likely to result
therefrom. As used in sub-paragraphs 10(b)(iii)(1) and
(2) above, the worth at the time of award is computed
by allowing interest at the maximum rate permitted by
law per annum. As used in sub-paragraph 10(b)(iii)(3)
above, the worth at the time of award is computed by
discounting such amount at the discount rate of the
Federal Reserve Bank of San Francisco at the time of
award plus one percent (1%).
   Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    15-1




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Tenant to Pay On Demand
  Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    16-1




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ADDITIONAL PROVISIONS
 Relocation of Leased Premises
  Subordination & Attornment
  Certificates
  Tenants Compliances
With Govt Ordinances,
Regulations and Laws
  Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    17-1




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Inspection of
& Access to
Leased Premises
  Delay
       Waiver
  Sale, Redevelopment,
Demolition &
Renovation
   Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    18-1




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Construction
  Public Taking
  Registration of
Lease
  Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    19-1




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Entire Lease
Agreement
  Notices
  Interpretation
  Extent of
Lease Obligation
  Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    20-1




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Prior Use &
Occupancy Prior
To Term
  Alterations, Additions, and
Improvements
  Schedules
  Schedule J Guaranty    Schedule M   License for Antenna Site
 Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    21-1




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Brokers
   LANDLORD:
    
    TENANT:Cambric Partners,
    
    ImaRx Therapeutics, Inc.,an Arizona general partnership
    
    a Delaware corporationBy: Colton Properties, Inc., 

a California corporationIts: General Partner
 By:
    
    
    
    
    
    By:Jon W. McClintock, Chief Financial OfficerPrint Name:Title:Date:
    
    
    
    
    
    Date:
 Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    22-1




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SCHEDULE A
LEGAL DESCRIPTION OF PROPERTY
  Parcel I:
 Colonia Del Rio
  And further Excepting
         Parcel II:
  Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    A-1




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SCHEDULE B
PLAN OF LEASED PREMISES
 
 Standard Lease Form
Form FSGLI (894)
3/27/2008
    
    B-1




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SCHEDULE C
TAXES PAYABLE BY LANDLORD AND TENANT
  Tenants Taxes
    Landlords Taxes
  Separate Allocation
  Information
  Tax Adjustment
  Definition
   Standard Lease Form
    
    C-1Form FSGLI (894)3/27/2008




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Standard Lease Form
    
    C-2Form FSGLI (894)3/27/2008




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SCHEDULE D
SERVICES AND COSTS
  Interior Climate
Control
 7
 Janitor Service
  Elevators,
Lobbies, Etc.
      Electricity
   Standard Lease Form
    
    D-1Form FSGLI (894)3/27/2008




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Additional
Services
   Operating Charges
Payable
      Standard Lease Form
    
    D-2Form FSGLI (894)3/27/2008




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Standard Lease Form
    
    D-3Form FSGLI (894)3/27/2008




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Standard Lease Form
    
    D-4Form FSGLI (894)3/27/2008




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SCHEDULE E
RULES AND REGULATIONS
          Standard Lease Form
    
    E-1Form FSGLI (894)3/27/2008




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Standard Lease Form
    
    E-2Form FSGLI (894)3/27/2008




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Move-In-Move-Out Hours: After 5:00 p.m. M-F, anytime Saturday and
Sunday 48 hours in advance
 Standard Lease Form
    
    E-3Form FSGLI (894)3/27/2008




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SCHEDULE F
LEASEHOLD IMPROVEMENTS
 Definition
of Leasehold Improvements
  Installation of
Improvements &
Fixtures
  Standard Lease Form
    
    F-1Form FSGLI (894)3/27/2008




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Liens &
Encumbrances on
Improvements &
Fixtures
  Standard Lease Form
    
    F-2Form FSGLI (894)3/27/2008




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SCHEDULE G
BASIC RENT
 Months
    
    Monthly Basic Rent*1/1/08  12/31/08
    
    $
    15,698.001/1/09  12/31/09
    
    $
    16,168.941/1/10  12/31/10
    
    $
    16,652.961/1/11  12/31/11
    
    $
    17,156.611/1/12  12/31/12
    
    $
    17,666.79
 *
    
    plus all applicable taxes Standard Lease Form
    
    G-1Form FSGLI (894)3/27/2008




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SCHEDULE H
TENANT IMPROVEMENTS
   
 
 
 
 Standard Lease Form
    
    H-1Form FSGLI (894)3/27/2008




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SCHEDULE I
PARKING
 Grant of Parking Rights
 Tenant allocation is 16
covered reserved parking spaces at $25.00 per space per month.
 $400.00 per month for the initial term of the Lease
 Visitor Parking
  Use of Parking Spaces
  Standard Lease Form
    
    I-1Form FSGLI (894)3/27/2008




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##### 



General Provisions
 except as to Tenant as provided in Section (a) above All rent for parking is due and payable on the
first day of each month. Rent is delinquent after the tenth
(10 th ) day of the month. A 10% late fee is assessed on the
eleventh (11 th ) day of the month
  Cooperation with Traffic Mitigation Measures
  Parking Rules and Regulations
  1.
    
    Tenant will not permit or allow
any vehicles that belong to or are controlled by Tenant or
Tenants employees, subtenants, customers or invitees to be
loaded, unloaded or parking or parked in areas other than those
designated by Landlord for such activities. No vehicles are to
be left in the parking areas overnight and no vehicles are to be
parked in the parking areas other than normally sized passenger
automobiles, motorcycles and pick-up trucks. No extended term
storage of vehicles is permitted.2.
    
    Vehicles must be parked entirely
within painted stall lines of a single parking stall.3.
    
    All directional signs and arrows
must be observed.
 Standard Lease Form
    
    I-2Form FSGLI (894)3/27/2008




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4.
    
    The speed limit within all
parking areas shall be five (5) miles per hour.5.
    
    Parking is prohibited:
      6.
    
    Landlord reserves the right,
without cost or liability to Landlord, to tow any vehicle if
such vehicles audio theft alarm system remains engaged for an
unreasonable period of time.7.
    
    Washing, waxing, cleaning, or
servicing of any vehicle in any area not specifically reserved
for such purpose is prohibited.8.
    
    Landlord may refuse to permit any
person to park in the parking facilities who violates these
rules with unreasonable frequency, and any violation of these
rules shall subject the violators car to removal, at such
owners expense. Tenant agrees to use its best efforts to
acquaint its employees, subtenants, assignees, contractors,
suppliers, customers and invitees with these parking provisions,
rules and regulations.9.
    
    Parking stickers, access cards,
or any other device or form of identification supplied by
Landlord as a condition of use of the parking facilities shall
remain the property of Landlord. Parking identification
devices, if utilized by Landlord, must be displayed as requested
and may not be mutilated in any manner. The serial number of
the parking identification device may not be obliterated.
Parking Identification devices, if any, are not transferable and
any device in the possession of an unauthorized holder will be
void. Landlord reserves the right to refuse the sale of monthly
stickers or other parking identification devices to Tenant or
any of its agents, employees or representatives who willfully
refuse to comply with these rules and regulations and all
unposted city, state, or federal ordinances, laws or agreements.10.
    
    Loss or theft of parking
identification devices or access cards must be reported to the
management office in the Project immediately, and a lost or
stolen report must be filed by the Tenant or user of such
parking identification device or access card at the time.
Landlord has the right to exclude any vehicle from the parking
facilities that does not have a parking identification device or
valid access card. Any parking identification device or access
card which is reported lost or stolen and which is subsequently
found in the possession of an unauthorized person will be
confiscated and the illegal holder will be subject to
prosecution. Tenant will be charged for replacement of lost or
stolen parking identification devices or access cards.
 Standard Lease Form
    
    I-3Form FSGLI (894)3/27/2008




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##### 



11.
    
    All damage or loss claimed to be
the responsibility of Landlord must be reported, itemized in
writing and delivered to the
management office located within the Project within ten (10)
business days after any claimed damage or loss occurs. Any claim
not so made is waived. Landlord is not responsible for damage by
water or fire, or for the acts or omissions of others, or for
articles left in vehicles. In any event, the total liability of
Landlord, if any, is limited to Two Hundred Fifty Dollars
($250.00) for all damages or loss to any car. Landlord is not
responsible for loss of use.12.
    
    The parking operators, managers
or attendants are not authorized to make or allow any exceptions
to these rules and regulations, without the express written
consent of Landlord. Any exceptions to these rules and
regulations made by the parking operators, managers or
attendants without the express written consent of Landlord will
not be deemed to have been approved by Landlord.13.
    
    Landlord reserves the right,
without cost or liability to Landlord, to tow any vehicles which
are used or parked in violation of these rules and regulations.14.
    
    Landlord reserves the right from
time to time to modify and/or adopt such other reasonable and
non-discriminatory rules and regulations for the parking
facilities as it deems reasonably necessary for the operation of
the parking facilities.
 Standard Lease Form
    
    I-4Form FSGLI (894)3/27/2008




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SCHEDULE J
LEASE GUARANTY
 Intentionally Omitted
 Standard Lease Form
    
    J-1Form FSGLI (894)3/27/2008




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##### 



SCHEDULE K
TENANT INFORMATION SHEET
 Company Name:
    
    ImaRx Therapeutics, Inc.Type of Business:
    
    BiopharmaceuticalNumber of Employees:
    
    33Property Address:
    
    1730 East River Road,Suite Number:
    
    Suite 200City, State, Zip:
    
    Tucson, AZ 85718Business Phone:
    
    520-770-1259Business Fax:
    
    520-791-2437Main Contact:
    
    Greg Cobb, CFOAccounting Contact:
    
    Brenda Sparks, Sr. Director FinanceEmergency After-Hours
Name:
    
    Dennis JonesEmergency After-Hours
Address:Emergency After-Hours
Phone:
    
    520-977-1190Alarm System:
    
    þ Yes     o No
 *
    
    Please supply Colton Company with own code. Standard Lease Form
    
    K-1Form FSGLI (894)3/27/2008




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##### 



SCHEDULE L
SIGNAGE AGREEMENT
 th
  1.
    
    Location. 1730 East River Road, Tucson (exterior building sign band
above front door)2.
    
    Term. Coterminous with Lease3.
    
    Consideration. None.4.
    
    General Conditions.
 a)
    
    The sign shall conform to the building standards and shall be
subject to the approval of Landlord.b)
    
    Signage must be in compliance with and approved by the City of
Tucson.c)
    
    All costs associated with the maintenance and upkeep of the
building sign band are the sole responsibility of Tenant, i.e. installation,
electricity, permits, etc.d)
    
    Tenant shall be responsible for removing the sign at the
expiration of the Term and shall restore the building to its original
condition.e)
    
    This Agreement is personal to Tenant and may not be assigned.f)
    
    Tenant shall have the right to utilize the building sign band
if the sign is installed within twelve (12) months of the execution of this
Lease. In the event that the sign is not installed within twelve (12) months
of the execution of this Lease, Tenant shall forfeit the rights to the sign.
  Landlord:
    
    Tenant:Cambric Partners,
    
    ImaRx Therapeutics, Inc.,an Arizona general partnership,
    
    a Delaware corporationBy: Colton Properties, Inc.,a California corporationIts: General Partner
 By:
    
    
    
    By:Jon W. McClintock, Chief Financial OfficerPrint Name/Title
 Standard Lease Form
    
    L-1Form FSGLI (894)3/27/2008




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SCHEDULE M
LICENSE FOR ANTENNA SITE
 Intentionally Omitted
 Standard Lease Form
    
    M-1Form FSGLI (894)3/27/2008




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SCHEDULE N
ADDENDUM TO LEASE
 The terms of this Addendum change and modify the terms of the standard form Office Building Lease
to which it is attached:
 Term
 The term of the Lease shall commence the later of January 1, 2008 or when
the Tenant Improvements have been completed by Landlord, and there shall be
no partial delivery of the Premises or partial payment of rent unless Tenant
in writing agrees to accept a part of the Premises while other portions are
being completed, in which case the abatement provisions of Section 2 of the
Lease shall apply.
 Rent
 The
Rent set forth in Schedule G is correct, except that it
is hereby clarified that:
 a) all Landlords Taxes, as defined, except rent tax, are already deemed
included in the Base Rent for 2008, and Tenant in future years is only
liable for its Proportionate Share of increases in Landlords Taxes above
the Base Year. It is acknowledged that Tenant must pay Tenants Taxes, and
such taxes are not included in the Base Rent;
 b) Tenant is to be charged no Operating Costs for the Base Year of 2008, as
all such costs are included in the stipulated Base Rent, except that Tenant
may be responsible for Additional Services if requested by Tenant and
supplied by Landlord; and
 c) except for unusual electricity demands by Tenant under Section 2 of
Schedule D, all electricity charges and costs to Tenant are already
included in the Base Rent, and Tenant is only responsible in future years
for its Proportionate Share of the increased costs above the Base Year.
 Completion of Tenant Improvements:
 Should Landlord fail by January 21, 2008 to deliver the Premises to Tenant,
with all Tenant Improvements in Schedule H complete, then Tenant shall
receive one day of abated rent for each day delayed.
 Early Access:
 Landlord shall provide Tenant with two weeks early access to
the Leased Premises for the purpose of telecommunications
and furniture installation upon mutual execution of this
lease document and providing Tenant remits a cashiers check
for all deposit monies due and Tenant provides Landlord with
a certificate of insurance pursuant to the terms of the
Lease. Such access shall not delay the date of substantial
completion and shall be harmonious with Landlords
contractors.
 Standard Lease Form
    
    N-1Form FSGLI (894)3/27/2008




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Right to Terminate
 Landlord grants Tenant the right to terminate this lease as
of December 31, 2010 (Termination Option Date), provided
that the following minimum conditions are met:
 (a) Tenant is not in default of the Lease and has no financial
responsibility owed to Landlord;
 (b) This Right to Terminate is for the entire Leased Premises, not a portion
thereof;
 (c) Tenant provides Landlord with written notice of its intent to exercise
this termination option no later than June 30, 2010 (Termination Notice
Date). Tenant shall remit the lease termination fee as provided in this
section to Landlord with the written lease termination notice. This option
shall expire as of July 1, 2010, if written notice is not received;
 (d) Tenant shall pay to Landlord upon the Termination Notice Date any
unamortized tenant improvements (based upon amortization over the term of
the Lease with interest at the rate of eight percent (8%) per annum);
 (e) Tenant shall pay to Landlord upon the Termination Notice Date any
unamortized broker commission, including any broker incentive, paid by
Landlord in connection with this Lease (based upon amortization over the
term of the Lease with interest at the rate of eight percent (8%) per
annum);
 (f) This Right to Terminate shall be personal to Tenant, and shall be void
in the event of an assignment, transfer or sublease.
 Assignment
 The provision of Sections 7 (d) through (h) of the Lease
shall not apply to an assignment made by Tenant pursuant to
Section 7 (c) of the Lease.
 Removal of
Improvements
 Upon termination of the Lease, unless Tenant has installed
improvements other than those being installed by Landlord
pursuant to Schedule H, there will be no Improvements to
the Premises which Tenant shall be required to remove.
 Agreed: Landlord
    
    Agreed: TenantCambric Partners, an Arizona General  Partnership
    
    ImaRx Therapeutics, Inc.,By: Colton Properties, Inc., 
a
California Corporation, General
Partner

    
    A Delaware Corporation
 By:
    
    
    
    By:Its:
    
    
    
    Its:
 Standard Lease Form
    
    N-2Form FSGLI (894)3/27/2008