Document:

Exhibit 10.1

EXECUTION COPY

AMENDMENT NO. 2

TO

UP TO $148,000,000 SENIOR SECURED CREDIT AGREEMENT

Dated as of December 31, 2014,

among

BALTIC TRADING LIMITED

as Borrower,

AND

THE VARIOUS LENDERS LISTED ON SCHEDULE I THERETO,

as Lenders,

AND

NORDEA BANK FINLAND PLC, NEW YORK BRANCH

as Administrative Agent and as Security Agent

AND

NORDEA BANK FINLAND PLC, NEW YORK BRANCH and SKANDINAVISKA ENSKILDA BANKEN AB (PUBL)

as Mandated Lead Arrangers

AND

NORDEA BANK FINLAND PLC, NEW YORK BRANCH

as Bookrunner

 

Dated as of August 3, 2015

AMENDMENT NO. 2 TO SENIOR SECURED CREDIT AGREEMENT

THIS AMENDMENT NO. 2 TO SENIOR SECURED CREDIT AGREEMENT (this “Amendment”) is dated as of August 3, 2015, by and among (1) BALTIC TRADING LIMITED, a company incorporated under the laws of the Republic of the Marshall Islands (the “Borrower”), (2) the Lenders party hereto from time to time (the “Lenders”), (3) NORDEA BANK FINLAND PLC, NEW YORK BRANCH (“Nordea”) and SKANDINAVISKA ENSKILDA BANKEN AB (PUBL), as Mandated Lead Arrangers (the “Lead Arrangers”),(4) NORDEA, as Administrative Agent (in such capacity, the “Administrative Agent”) and as Security Agent under the Security Documents (in such capacity, the “Security Agent”), and (5) NORDEA, as bookrunner (the “Bookrunner”), and amends and is supplemental to the Senior Secured Credit Agreement, dated as of December 31, 2014, entered into by and among the Borrower, the Lenders, the Lead Arrangers, the Administrative Agent, the Security Agent and the Bookrunner (as amended prior to the date hereof, the “Original Agreement” and as further amended hereby, the “Credit Agreement”).

W I T N E S S E T H   T H A T:

WHEREAS, the Borrower wishes to effect certain changes to the Credit Agreement;

WHEREAS, subject to and upon the terms and conditions herein set forth, the Lenders are willing to consent to the amendments to the Original Agreement as provided for herein;

NOW, THEREFORE, in consideration of the premises and such other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged by the parties, it is hereby agreed as follows:

1.                   Definitions.  Unless otherwise defined herein, words and expressions defined in the Original Agreement have the same meanings when used herein.

2.                   Representations and Warranties.  The Borrower hereby represents and warrants that as of the date hereof, each and every representation and warranty made in the Original Agreement and the Note (updated mutatis mutandis) are true and correct in all material respects (it being understood and agreed that any such representation or warranty which by its terms is made as of a specified date, or is only applicable as of the Initial Borrowing Date, shall; be required to be true and correct in all material respects only as of such specified date).

3.                  No Defaults.  The Borrower hereby represents and warrants that as of the date hereof, after giving effect to this Amendment, there exists no Event of Default or any condition which, with the giving of notice or passage of time, or both, would constitute an Event of Default.

4.                   Performance of Covenants.  The Borrower hereby reaffirms that it has duly performed and observed the covenants and undertakings set forth in the Original Agreement, the Note and the Security Documents on its part to be performed, and covenants and undertakes to continue duly to perform and observe such covenants and undertakings, other than, in each case, as waived hereby, so long as the Credit Agreement, as may be amended or supplemented from time to time, shall remain in effect.

5.                   Amendments to the Original Agreement.  Subject to the terms and conditions of this Amendment, the Original Agreement is hereby amended and supplemented as follows:

		(a)	All references to “this Agreement” shall be deemed to refer to the Original Agreement, as amended hereby;

		(b)	Section 1 of the Original Agreement is hereby amended by amending and restating the following definitions:

“Collateral Vessel” shall mean (a) each Term Loan Vessel, (b) each Revolving Loan Vessel and (c) such other vessel posted as Additional Collateral (such vessel, an “Additional Vessel”); provided, that for the purposes of Sections 4.02(c) and 8.07(a), an Additional Vessel shall not be deemed a Collateral Vessel; provided, further, that Schedule VI is automatically updated to include any Additional Vessel without any further action on the part of the Administrative Agent.

“Subsidiary Guarantor” shall mean each wholly-owned direct and indirect Subsidiary of the Borrower or Genco that owns, directly or indirectly, any Collateral Vessel, on a joint and several basis, each such Subsidiary to be party to the Guaranty or execute a counterpart thereof after the Closing Date.

		(c)	Section 1 of the Original Agreement is hereby amended by adding the following definitions in the correct alphabetical order:

“Additional Vessel” shall have the meaning provided in the definition of “Collateral Vessel”.

“Additional Vessel Release Conditions” mean, with respect to the release of any Additional Vessel, the following:

(a)            before and after giving effect to such release, (i) no Default or Event of Default shall have occurred and be continuing and (ii) the Borrower shall be in compliance with Section 8.07(d);

(b)            the Borrower shall have delivered to the Administrative Agent (i) an officer’s certificate certifying as to matters in clause (a) above, (ii) Appraisals meeting the requirements set forth in Section 5.02(f) and (iii) any other documents reasonably requested by the Administrative Agent; and

(c)            the Borrower shall have paid all costs and expenses of the Administrative Agent and the Collateral Agent relating to the preparation, execution and delivery of the relevant release documents.

		(d)	Section 8.07(d) of the Original Agreement is hereby amended by deleting the period at the end thereof and inserting the following:

provided, further, that the Collateral Agent shall (and the Lenders hereby authorize the Collateral Agent to), upon the request of the Borrower, release any Additional Vessel from the Collateral and terminate the related Security Documents (including the Guaranty) if the Additional Vessel Release Conditions shall have been satisfied.

		(e)	Section 8.18 of the Original Agreement is hereby amended by adding in the proviso thereof immediately after the phrase “a Subsidiary of the Borrower” the following:

or a Subsidiary Guarantor (it being understood and agreed that in the cases of Sections 7.13(a), 8.03(a) and 8.10(iv) and clause (a) of the definition of “Change of

2

Control”, as such clauses apply to any Subsidiary of Genco in its capacity as a Subsidiary Guarantor, the word “Borrower” shall be read to mean Genco)

6.                   No Other Amendment.  All other terms and conditions of the Original Agreement shall remain in full force and effect and the Original Agreement shall be read and construed as if the terms of this Amendment were included therein by way of addition or substitution, as the case may be.

7.                  Conditions Precedent to the Effectiveness of this Amendment.  The effectiveness of this Amendment shall be expressly subject to the following conditions precedent, unless otherwise waived by the Administrative Agent (acting at the instruction of the Required Lenders):

		(a)	This Amendment.  The Borrower shall have duly executed and delivered this Amendment to the Administrative Agent.

		(b)	Corporate Authority.  The Administrative Agent shall have received the following documents in form and substance satisfactory to the Administrative Agent and its legal advisers:

i.               copies, certified as true and complete by an officer of the Borrower of the resolutions of its board of directors evidencing approval of the transactions contemplated hereby and authorizing an appropriate officer or officers or attorney-in-fact or attorneys-in-fact to execute the same on its behalf;

ii.             certificate of the jurisdiction of incorporation of the Borrower as to the good standing thereof; and

iii.            confirmation that the Organizational Documents of the Borrower has not changed since the Closing Date.

		(c)	Officer’s Certificate.  The Borrower shall provide to the Administrative Agent an officer’s certificate certifying as to the matters set forth in Sections 2 and 3 of this Amendment.

		(d)	Interest, Fees and Expenses Paid.  The Administrative Agent shall have received payment in full of all interest, fees and expenses (including reasonable legal fees) due under or in connection to the Original Agreement and this Amendment.

8.                  Other Documents.  By the execution and delivery of this Amendment, the Borrower on behalf of itself and each other Obligor and the Lenders hereby consent and agree that all references in the Note and the Security Documents to the Original Agreement shall be deemed to refer to the Original Agreement as amended by this Amendment.  By the execution and delivery of this Amendment, each of the parties hereby consents and agrees that each of the Note and any other documents that has been executed in connection with the Original Agreement and each of the parties obligations under the Original Agreement shall remain in full force and effect notwithstanding the amendments contemplated hereby.

9.                  Governing Law.  This Amendment shall be governed by and construed in accordance with the laws of the State of New York without regard to principles of conflicts of laws thereof other than Sections 5-1401 and 5-1402 of the General Obligations Law of the State of New York.

3

10.                Counterparts.  This Amendment may be executed in as many counterparts as may be deemed necessary or convenient, and by the different parties hereto on separate counterparts each of which, when so executed, shall be deemed to be an original but all such counterparts shall constitute but one and the same agreement.

11.               Headings; Amendment.  In this Amendment, section headings are inserted for convenience of reference only and shall be ignored in the interpretation of this Amendment.  This Amendment cannot be amended other than by written agreement signed by the parties hereto.

[Signature Page Follows]

4

IN WITNESS WHEREOF, each of the parties hereto has executed this Amendment by its duly authorized representative on the day and year first above written.

	 	
BALTIC TRADING LIMITED, as the Borrower

	 	 
	 	
By:

	
/s/ Apostolos D. Zafolias

	 	 	
Name: Apostolos D. Zafolias

	 	 	
Title: Chief Financial Officer

 

 

	 	
NORDEA BANK FINLAND PLC, NEW YORK BRANCH

as Administrative, Security Agent and Lender

	 	 
	 	
By:

	
/s/ Erik Havnvik

	 	 	
Name: Erik Havnvik

	 	 	
Title: Vice President

	 	 
	 	 
	 	
By:

	
/s/ Mogens R. Jensen

	 	 	
Name: Mogens R. Jensen

	 	 	
Title: Senior Vice President

	 	
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL),

as Mandated Lead Arranger and as Lender

	 	 
	 	
By:

	/s/ Bjarte Boe		 /s/ Magnus Arve
	 	 	
Name: Bjarte Boe

		Magnus Arve
	 	 	
Title: Head of Investment Banking

		Senior Legal CounselSTOCK
EXCHANGE AGREEMENT

 

This
Stock Exchange Agreement, dated as of the 24th day of July, 2015 (this “Agreement”), by and between Pressure
BioSciences Inc., a Massachusetts corporation (“PBI”) and Everest Investments Holdings S.A., a Polish S.A.
(“Everest”). PBI and Everest are individually referred to herein as a “Party” and collectively,
as the “Parties.”

 

RECITALS

 

WHEREAS,
subject to the terms and conditions set forth in this Agreement and pursuant to Section 4(2) and/or Rule 506 of Regulation S of
the Securities Act of 1933, as amended (the “Securities Act”), PBI desires to issue and sell to Everest, and
Everest desires to purchase from PBI, 1,000,000 restricted shares of common stock (the “Common Stock”) of PBI
(the “PBI Common Shares”); and

 

WHEREAS,
in exchange for receipt of the PBI Common Shares, Everest shall deliver to PBI $500,000 worth of shares of Everest Investments
S.A. (the “Everest Shares”).The shares shall be valued at the last sale price of the stock as indicated on
the Warsaw Stock Exchange on the day prior to the Closing Date.

 

AGREEMENT

 

NOW,
THEREFORE, in consideration of the mutual covenants contained in this Agreement, and for other good and valuable consideration
the receipt and sufficiency of which are hereby acknowledged, PBI and Everest agree as follows:

 

1.1
The Exchange. On the terms and subject to the conditions set forth in this Agreement, on the Closing Date, PBI shall sell,
assign, transfer and deliver, free and clear of all liens, pledges, encumbrances, charges, restrictions or known claims of any
kind, nature, or description, 1,000,000 restricted common shares of PBI. In exchange for the transfer of such securities by PBI,
Everest shall deliver to PBI, 601,500 Shares of Everest (hereinafter referred to as the “Exchange Consideration”).

 

1.2
Closing. The closing (“Closing”) of the transactions contemplated by this Agreement shall occur upon delivery
of the Exchange Consideration as described in 1.1 herein. The Closing shall take place at a mutually agreeable time and place
and is anticipated to close by no later than July 31, 2015, (the “Closing Date”).

 

2.
Representations and Warranties of PBI. PBI hereby represents and warrants to Everest as of the Closing date as follows:

 

2.1Organization
and Standing: Articles and Bylaws. PBI is and will be a corporation duly organized, validly existing, and in good standing
under the laws of the Commonwealth of Massachusetts and will have all requisite corporate power and authority to carry on its
business as proposed to be conducted. PBI is duly qualified to do business in each jurisdiction where the nature of its business
or its ownership or leasing of its properties makes such qualification necessary.

 

    	 

    	 

    

 

2.2Corporate
Power. PBI will have at the Closing, all requisite corporate power to enter into this Agreement and to sell and issue the
PBI Common Shares. This Agreement shall constitute a valid and binding obligation of PBI enforceable in accordance with its respective
terms, except as the same may be limited by bankruptcy, insolvency, moratorium, and other laws of general application affecting
the enforcement of creditors’ rights.

 

2.3
Valid Issuance of PBI Common Shares. The PBI Common Shares, when issued in compliance with the provisions of this Agreement
will be duly authorized, validly issued, fully paid and non-assessable, and will be free of any liens or encumbrances caused or
created by PBI; provided, however, that all such shares may be subject to restrictions on transfer under
state and federal securities laws as set forth herein, and as may be required by future changes in such laws.

 

2.4
No Conflict. The execution and delivery of this Agreement by PBI and the performance by PBI of its obligations hereunder
in accordance with the terms hereof: (a) will not require the consent of any third party or governmental entity under any laws;
(b) will not violate any laws applicable to PBI and (c) will not violate or breach any contractual obligation to which PBI is
a party.

 

2.5Rule
144. The PBI Common Shares are being issued pursuant to an applicable exemption from registration but may not be resold until
either they are registered or are available for resale under Rule 144. PBI will take all necessary steps to comply with all applicable
regulations, especially reporting requirements under Securities Exchange Act of 1934, to fulfill the requirements of Rule 144.

 

2.6Registration.
PBI Common Shares will not be registered with the SEC but will only be eligible for resale under Rule 144 and its applicable holding
period.

 

3.Representations
and Warranties of Everest. Everest hereby represents and warrants to PBI as follows.

 

3.1Acquisition
for Investment. Everest is acquiring the PBI Common Shares solely for their own account for the purpose of investment and
not with a view to or for sale in connection with distribution. Everest does not have a present intention to sell the PBI Common
Shares, nor a present arrangement (whether or not legally binding) or intention to effect any distribution of the PBI Common Shares
to or through any person or entity. Everest acknowledges that it is able to bear the financial risks associated with an investment
in the PBI Common Shares and that it has been given full access to such records of PBI and the subsidiaries and to the officers
of PBI and the subsidiaries and received such information as it has deemed necessary or appropriate to conduct its due diligence
investigation and has sufficient knowledge and experience in investing in companies similar to PBI in terms of PBI’s stage
of development so as to be able to evaluate the risks and merits of its investment in PBI.

 

3.2Sophistication.
Everest is a sophisticated investor, as described in Rule 506(b)(2)(ii) promulgated under the Securities Act and has such experience
in business and financial matters that it is capable of evaluating the merits and risk of an investment in PBI. 

 

    	 

    	 

    

 

3.3Opportunities
for Additional Information. Everest acknowledges that Everest has had the opportunity to ask questions of and receive answers
from, or obtain additional information from, the executive officers of PBI concerning the financial and other affairs of PBI,
and to the extent deemed necessary in light of Everest’s personal knowledge of PBI’s affairs, Everest has asked such
questions and received answers to the full satisfaction of Everest, and Everest desires to invest in PBI.

 

3.4No
General Solicitation. Everest acknowledges that the PBI Common Shares were not offered to Everest by means of any form of
general or public solicitation or general advertising, or publicly disseminated advertisements or sales literature, including
(i) any advertisement, article, notice or other communication published in any newspaper, magazine, or similar media, or broadcast
over television or radio, or (ii) any seminar or meeting to which Everest was invited by any of the foregoing means of communications.

 

3.5Rule
144. Everest understands that the PBI Common Shares may not be offered for sale, sold, assigned or transferred unless such
PBI Common Shares are registered under the Securities Act or an exemption from registration is available. Everest acknowledges
that Everest is familiar with Rule 144 of the rules and regulations of the Commission, as amended, promulgated pursuant to the
Securities Act (“Rule 144”), and that such person has been advised that Rule 144 permits resales only under
certain circumstances. Everest understands that to the extent that Rule 144 is not available, Everest will be unable to sell any
Shares without either registration under the Securities Act or the existence of another exemption from such registration requirement.

 

3.6Legends.
Everest hereby agrees with PBI that the PBI Common Shares will bear the following legend or one that is substantially similar
to the following legend:

 

THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”),
OR ANY STATE SECURITIES LAWS AND NEITHER SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR OTHERWISE
TRANSFERRED EXCEPT (1) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES
LAWS OR (2) PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES
LAWS, IN WHICH CASE THE HOLDER MUST, PRIOR TO SUCH TRANSFER, FURNISH TO PBI AN OPINION OF COUNSEL, WHICH COUNSEL AND OPINION ARE
REASONABLY SATISFACTORY TO PBI, THAT SUCH SECURITIES MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR OTHERWISE TRANSFERRED IN THE MANNER
CONTEMPLATED PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE
SECURITIES LAWS.

 

    	 

    	 

    

 

3.7Additional
Legend; Consent. Additionally, the PBI Common Shares will bear any legend required by the “blue sky” laws of any
state to the extent such laws are applicable to the securities represented by the certificate so legended. Everest consents to
PBI making a notation on its records or giving instructions to any transfer agent of PBI Common Shares in order to implement the
restrictions on transfer of the PBI Common Shares.

 

3.8Organization
and Standing: Articles and Bylaws. Everest is and will be a corporation duly organized, validly existing, and in good standing
under the laws of Poland and will have all requisite corporate power and authority to carry on its business as proposed to be
conducted. Everest is duly qualified to do business in each jurisdiction where the nature of its business or its ownership or
leasing of its properties makes such qualification necessary. 

 

3.9
Non U.S. Status. The undersigned is NOT a U.S. Person as defined below.

 

A
U.S. Person is:

 

(A)
Any natural person resident in the United States;

 

(B)
Any partnership or corporation organized or incorporated under the laws of the United States;

 

(C)
Any estate of which any executor or administrator is a U.S. person;

 

(D)
Any trust of which any trustee is a U.S. person;

 

(E)
Any agency or branch of a foreign entity located in the United States;

 

(F)
Any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the
benefit or account of U.S. person;

 

(G)
Any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized,
incorporated, or (if an individual) resident of the United States; and

 

(H)
Any partnership or corporation if (i) organized or incorporated under the laws of any foreign jurisdiction and (ii) formed
by a U.S. person principally for the purpose of investing in securities not registered under the 1933 Act, unless it is organized
or incorporated, and owned, by accredited investors (as defined in Rule 501(a) of Regulation D promulgated under the 1933 Act)
who are not natural persons, estates or trusts.

 

3.10Corporate
Power. Everest will have at the Closing, all requisite corporate power to enter into this Agreement and to sell and issue
the Everest Ordinary Shares. This Agreement shall constitute a valid and binding obligation of Everest enforceable in accordance
with its respective terms, except as the same may be limited by bankruptcy, insolvency, moratorium, and other laws of general
application affecting the enforcement of creditors’ rights.

 

    	 

    	 

    

 

3.11
Valid Issuance of Everest Ordinary Shares. The Everest Ordinary Shares, when issued in compliance with the provisions of
this Agreement will be duly authorized, validly issued, fully paid and non-assessable, and will be free of any liens or encumbrances
caused or created by Everest; provided, however, that all such shares may be subject to restrictions on transfer
under state and federal securities laws as set forth herein, and as may be required by future changes in such laws.

 

3.12
No Conflict. The execution and delivery of this Agreement by Everest and the performance by Everest of its obligations
hereunder in accordance with the terms hereof: (a) will not require the consent of any third party or governmental entity under
any laws; (b) will not violate any laws applicable to Everest and (c) will not violate or breach any contractual obligation to
which Everest is a party.

 

4.
Miscellaneous

 

4.1Everest
Lock-Up. Subject to the terms of this Agreement, Everest agrees that for a period beginning upon the date hereof and ending
twelve (12) months thereafter, Everest (i) will not transfer or agree to transfer any of the PBI Common Shares, (ii) will take
all action reasonably necessary to prevent creditors in respect of any pledge of the Shares from exercising their rights under
such pledge, and (iii) will not take any action that would make in a material respect any of his/her/its representations or warranties
contained herein untrue or incorrect or would have the effect of preventing or disabling Everest from performing any of his/her/its
material obligations hereunder.

 

4.2PBI
Lock-Up. Subject to the terms of this Agreement, PBI agrees that for a period beginning upon the date hereof and ending twelve
(12) months thereafter, PBI (i) will not transfer or agree to transfer any of the Everest Ordinary Shares, (ii) will take all
action reasonably necessary to prevent creditors in respect of any pledge of the Everest Ordinary Shares from exercising their
rights under such pledge, and (iii) will not take any action that would make in a material respect any of his/her/its representations
or warranties contained herein untrue or incorrect or would have the effect of preventing or disabling such seller from performing
any of his/her/its material obligations hereunder. 

 

4.3Successors
and Assigns. This Agreement shall insure to the benefit of, and be binding upon, the parties hereto and their respective successors
and assigns; provided, however, that no party shall assign or delegate any of the obligations created under this Agreement without
the prior written consent of the other parties. 

 

    	 

    	 

    

 

4.4
Notices. All notices, requests, claims, demands and other communications under this Agreement shall be in writing and shall
be deemed given upon receipt by the Parties at the following addresses (or at such other address for a Party as shall be specified
by like notice):

 

If
to PBI, to:

 

14
Norfolk Ave.

South
Easton, MA 02375, USA

(508)
230-1828

RSchumacher@pressurebiosciences.com

 

If
to Everest:

 

ul.
Grzybowska 4/207

00-131
Warszawa, Poland

0048
(601) 300 750

p.sieradzan@everestinvestments,com

 

4.5
Amendments; Waivers; No Additional Consideration.
No provision of this Agreement may be waived or amended except in a written instrument signed by each Party. No waiver of any
default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in
the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof, nor shall
any delay or omission of any Party to exercise any right hereunder in any manner impair the exercise of any such right.

 

4.6Severability.
If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule or Law, or public
policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the
economic or legal substance of the Transactions is not affected in any manner materially adverse to any Party. Upon such determination
that any term or other provision is invalid, illegal or incapable of being enforced, the Parties shall negotiate in good faith
to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner to
the end that the transactions contemplated in this Agreement are fulfilled to the extent possible.

 

4.7Counterparts;
Facsimile Execution. This Agreement may be executed in one or more counterparts, all of which shall be considered one and
the same agreement and shall become effective when one or more counterparts have been signed by each of the Parties and delivered
to the other Parties. Facsimile execution and delivery of this Agreement is legal, valid and binding for all purposes.

 

4.8Entire
Agreement; Third Party Beneficiaries. This Agreement, (a) constitute the entire agreement and supersede all prior agreements
and understandings, both written and oral, among the Parties with respect to the transactions contemplated herein and (b) are
not intended to confer upon any person other than the Parties any rights or remedies.

 

4.9Governing
Law. Intentionally Left Blank. 

 

4.10Assignment.
Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned, in whole or in
part, by operation of law or otherwise by any of the Parties without the prior written consent of each of the other Parties. Any
purported assignment without such consent shall be void. Subject to the preceding sentences, this Agreement will be binding upon,
inure to the benefit of, and be enforceable by, the Parties and their respective successors and assigns.

 

[Signature
Page Follows]

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officer as of
the date first above written.

 

	 	Pressure BioSciences Inc.
	 	 
	 	By:	/s/ Richard T. Schumacher
	 	Name:	Richard T. Schumacher
	 	Title:	CEO
	 	 	 
	 	Everest Investments Holdings S.A
	 	 	 
	 	By:	/s/ Prezes Zarzadu
	 	Name:	Prezes Zarzadu
	 	Title:	CEO
	 	 	Piotr Sieradzan

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00248-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00248-of-00352.parquet"}]]