Exhibit 10.1
 
  Fourth Services Addendum Master Agreement LifeScan UBS UBI
 
  Background
 ACEP Product Specifications Advanced Care
Enhanced Product ACEP Annexure A
  page 1




---



##### 



1. Services
 
   2. Consideration
 Exception
 Advanced Care Enhanced Product (Execution)
    
    Page | 2




---



##### 



Development Agreement
   3. Term of Fourth Services Addendum
  4. Termination
   Advanced Care Enhanced Product (Execution)
    
    Page | 3




---



##### 



Executedby LifeScan, Inc.
    
    ))NameTitle
 Executedby Universal Biosensors Pty Ltd
    
    )
)Company Secretary/Director
    
    
    
    DirectorName of Company Secretary/Director
(print)
    
    
    
    Name of Director (print)
 Executedby Universal Biosensors, Inc.
    
    ))NameTitle
 Advanced Care Enhanced Product (Execution)
    
    Page | 4




---



##### 



1.
    
    Determine and execute a body of work to ascertain what changes are needed to meet the
ACEP Product Specification target profile set forth in Annexure A.2.
    
    Develop a definitive Functional Specification to conform with the Target ACEP Product
Specifications profile set forth in Annexure A, in accordance clause 5.3 of the Master
Agreement.3.
    
    Execute a body of work to determine a formulation to incorporate in feasibility lots.

4. Define and execute a body of work to determine a strip differentiation mechanism.5.
    
    *[REDACTED]6.
    
    *[REDACTED]7.
    
    *[REDACTED]8.
    
    Commence a first stability study from the first feasibility lots.9.
    
    Complete and test final algorithm as determined by the Data Management Team.10.
    
    *[REDACTED]11.
    
    Lab link changed where necessary and validated.12.
    
    Host feasibility review toll-gate when 4 week stability data from second feasibility
lots is available (assuming stability dating is gating; otherwise as agreed).
  13.
    
    Complete strip Operational Qualification.

14. Complete strip Performance Qualification.15.
    
    Complete UBS portion of DVT as mutually agreed by Data Management Team16.
    
    Complete stability report to agreed real-time time point.17.
    
    Complete UBS Quality Management Systems requirements, including toll gates.18.
    
    Complete UBS portion of regulatory submission deliverables.19.
    
    Complete transfer into production and production readiness tasks.
 
 *
    
    Confidential portion has been omitted and has been filed separately with the Securities and
Exchange Commission pursuant to a request for confidential treatment. Advanced Care Enhanced Product (Execution)
    
    Page | 5




---



##### 



20.
    
    Assist in the assessment of data from the field and use the data to decide methods
for adapting process and control methodology to improve ACEP performance.21.
    
    Specify and control ACEP component performance and requirements. Manage or assist in
the qualification and approval of all changes to suppliers and materials for ACEP.22.
    
    Identify, validate and implement cost reductions and process improvement in
manufacturing the ACEP.23.
    
    Assist on a mutually agreed basis so that LFS may obtain supply agreements with
suppliers of components comprising the ACEP.24.
    
    Investigate causes of customer complaints with the ACEP referred to UBS by LifeScan.25.
    
    Assist on a mutually agreed basis to implement design changes to the ACEP
 Advanced Care Enhanced Product (Execution)
    
    Page | 6




---



##### 



*
    
    Confidential portion has been omitted and has been filed separately with the Securities and
Exchange Commission pursuant to a request for confidential treatment. Advanced Care Enhanced Product (Execution)
    
    Page | 7