Document:

Exhibit 10.17

 

[English Translation of]

 

Property Lease Agreement

 

This Property Lease Agreement (the "Agreement")
is entered into by and between:

 

	CyberLink Corp.	(the "Landlord"); and
	Perfect Mobile Corp.	 (the "Tenant").

 

In consideration of the mutual covenants regarding
the leasing of the premises, the parties hereby agree as follows:

 

Article 1     Leased
Premises

 

		(1)	The Landlord agrees to lease to the Tenant the offices located on the 14th
                                                         floor of No. 98, No. 98-1, No. 100 and No. 100-1, Minquan Rd., Xindian Dist., New Taipei City 231, Taiwan, with
                                                         an area of 546.15 ping1, along with various equipment such as air-conditioning and fire-fighting facilities. The
                                                         Tenant's scope of use includes the leased floor of the building and all related public facilities.

		(2)	The Landlord agrees to lease to the Tenant five parking spaces numbered 63, 64, 69, 70 and 113 located
on B3 of No. 98, No. 98-1, No. 100 and No. 100-1, Minquan Rd., Xindian Dist., New Taipei City 231, Taiwan.

 

Article 2     Term
of Lease

 

		(1)	The term of this Agreement is two years commencing from June 1, 2021 to May 31, 2023.
		(2)	If both parties intend to continue the leasing relationship after the expiration of the term, both parties
shall negotiate the leasing terms three months prior to the expiration of this Agreement, and sign a written lease agreement one month
prior to the expiration of this Agreement; otherwise, the Agreement would be deemed terminated without renewal. Upon
expiration of the Agreement, the Landlord agrees that the Tenant has the right of first of refusal.

 

Article 3     Rent

 

		(1)	Agreed amount: the monthly rent for the offices is NT$ 950 (tax included) per ping, and the monthly rent
for each parking space is NT$ 4,000 (tax included), which sums up to the monthly rent of NT$ 538,842 (tax included) in total for both
the offices and the parking spaces.
		(2)	Payment terms: during the term of the Agreement, the Tenant shall pay the monthly rent by wire transfer
to the bank account of the Landlord before the 15th day of each month. The Tenant cannot claim to apply the security deposit
toward the rent. Any deferral payment of the rent would be deemed in breach of the Agreement.
		(3)	In the event the Tenant delays the rent for more than one month, the Tenant is subject to a late penalty
of 1% of the monthly rent for every overdue day from the first day of the delay.

 

 

1
546.15 ping equals 19437.48 square fee

 

     

     

    

 

Article 4     Security
Deposit

 

		(1)	Agreed amount: NT$ 1,077,684.
		(2)	Payment schedule: the Tenant shall pay the security deposit to the Landlord at the time of execution of
this Agreement, and the Landlord shall sign a receipt as a reference.
		(3)	Return of the security deposit: within 7 working days after the termination of the leasing relationship,
the Landlord shall refund the security deposit without interest to the Tenant, provided that the Tenant does not have any underpayment,
penalty or other payment obligations.
		(4)	Interest: the Landlord shall issue an invoice on a monthly basis to the Tenant for the interest income
of the security deposit calculated based on the floating rate of 1-year time deposit announced by Chunghwa Post.

 

Article 5 Taxes, Insurances, Administration
Fees and Other Relevant Charges

 

		(1)	The rent income tax, house tax, land value tax, construction benefit fee of the premises shall be paid
by the Landlord.
		(2)	The Landlord shall apply and pay for the fire insurance for the building structure of the leased premises
of this Agreement; the Tenant shall apply and pay for the insurance for the interior decoration and furniture of the leased premises of
this Agreement.
		(3)	Repair and renovation obligations of the leased premises and its interior equipment:

		(i)	For the original building structure of the leased premises, the Landlord shall be responsible for repairing
damages caused by act of god such as typhoons or earthquakes, and by other force majeure events; and the Tenant shall be responsible for
the damages caused by all other reasons, as well as routine maintenance. Any damage shall be repaired and restored to its original status
by the Tenant prior to termination or expiration of the Agreement.
		(ii)	The Tenant shall be responsible for all routine maintenance matters related to the interior installment
of the leased premises.
		(iii)	In the event the air-conditioning equipment in the leased premises is damaged or in need of repairs, and
is attributable to the Tenant, the Tenant shall be responsible for such repairs.
		(iv)	The water charges, electricity charges, cleaning charges, gas charges, administration fees and other routine
management and maintenance expenses shall be paid by the Tenant.

 

    2

     

    

 

Article 6     Use
of the Leased Premises and its Restrictions

 

The leased premises are only provided
for the Tenant to use within its legally registered business scope (the Tenant shall complete the move-out procedures, such as for its
business registration certificate, prior to the termination or expiration of the Agreement). Except as otherwise permitted by the Landlord
in a written consent, the leased premises cannot be used for other purposes, or even used as a residence, a hotel or other purposes that
would hinder health, safety, tranquility, public order and good customs, or government decrees. Any of such behavior would be deemed in
breach of the Agreement.

 

		(1)	Except for the Tenant and its affiliate companies, the Tenant shall not sublease, share, assign or otherwise
lend the leased premises in whole or in part to other person or legal entities. The Tenant shall not set the leased premises as a mortgage
guarantee, otherwise the Landlord can immediately terminate this Agreement.
		(2)	The Tenant cannot bring in, store or install flammable, dangerous or prohibited items other than necessities
for business operations.
		(3)	There is a unified signboard located at the elevator entrance of the building for placing the name of
the Tenant. Any other places, including exterior walls, building foyer, stairwells, passages and public areas, shall not make any arrangements,
advertisements, additional installments or storage spaces without obtaining the consent from the Landlord. Further, it is prohibited to
obstruct public use or passage.
		(4)	The Tenant shall not violate the building management regulations, resident rules and regulations
set by the building management committee

 

Article 7     Interior
Design of the Leased Premises and its Restrictions

 

		(1)	The Tenant may handle the interior decoration, partition or addition of equipment of the leased premises
at its own expense. However, when it is involved with changing of the original building structure, the Tenant must provide the design
drawings in advance, obtain a written consent from the Landlord, and obtain a permit issued by the relevant competent authority before
it can be processed, otherwise the Tenant shall be liable for damages.
		(2)	After the termination of the leasing relationship, the Tenant shall restore the property to its original
status (1. The ceiling shall be kept intact and undamaged; 2. There are no shortages of lighting, air-conditioning and fire-fighting related
equipment; 3. All the partition walls and decorations installed by the Tenant shall be removed and the original walls shall be restored
to their integrity; 4, the floor tiles shall remain intact and unbroken) before returning to the Landlord without any argument. The Landlord
may treat all items left by the Tenant in the leased premises as being abandoned by the Tenant, and may freely dispose such items at the
Landlord's discretion. The Tenant shall neither object nor demand any compensation for such items. The Landlord may request for the costs
required for disposing those items left behind from the Tenant.

 

    3

     

    

 

Article 8     Termination
of the Agreement

 

After the Agreement becomes in effect,
the Landlord may terminate this Agreement anytime if the Tenant falls under any of the following circumstances:

 

		(1)	The Tenant delays the monthly rent for more than two months without an excuse, and the Tenant still fails
to pay the monthly rent within a reasonable period of time specified by the Landlord by means of a reminder notice.
		(2)	The Tenant violates the provisions of Article 6 "Use of the Leased Premises and its Restrictions".
		(3)	The Tenant is closed down (including precautionary measure and compulsory sealing) or stops its business.
		(4)	The Tenant, its employees or its customers damage the leased premises or its attachments and the Tenant
fails to compensate accordingly.
		(5)	The Tenant changes its company name or business scope, changes its company representative or adopts other
approaches to sublease, share or assign the leased premises to others (or legal entities), or provides the leased premises to a third
party in other manners.

 

After the Agreement becomes in effect,
the Tenant may terminate this Agreement if the leased premises are damaged by typhoons or earthquakes to the extent that the leased premises
are no longer usable.

 

Article 9     Indemnification
and Penalty

 

		(1)	The Tenant shall keep the leased premises and the ancillary equipment with the care of a good administrator.
In the event of any damage or loss, the Tenant shall be liable for compensation no matter whether the damage or loss is caused by the
Tenant, its employees or its customers.
		(2)	Upon the termination or expiration of the Agreement, the Tenant shall restore the leased premises into
their original status pursuant to Article 7(2) of the Agreement and return them to the Landlord; otherwise, the Landlord may
request the Tenant to pay for a penalty equal to two times of the monthly rent on a monthly basis (the monthly rent may be converted into
a daily rent for calculating the penalty according to the actual number of delayed days), starting from the next day of the termination
or expiration of the Agreement to the completion of moving out.
		(3)	After the Agreement becomes in effect, except as otherwise specified in the Agreement, if either party
wishes to terminate the Agreement before it expires, such party shall give a three-month prior written notice and compensate the other
party by providing two month's monthly rent as a penalty.
		(4)	In the event of a breach of contract by both parties, which causes damage to the other party and thus
results in a conviction affirmed by the court, the losing party shall be liable for compensation according to the scope of compensation
determined by the court.

 

Article 10

 

Any matters not covered in this Agreement
will be handled fairly in accordance with related laws and regulations of Taiwan and the principle of good faith.

 

    4

     

    

 

Article 11

 

In the event of any disputes arising
from this Agreement, the Taipei District Court in Taiwan shall be the court of competent jurisdiction for the first instance.

 

Article 12

 

This Agreement is made in two copies,
the Landlord and the Tenant each keeps one copy.

 

Article 13

 

This Agreement becomes in effect after
being fully executed by both parties.

 

Agreed to and Accepted by:

 

	[The Landlord]

                                                                  CyberLink Corp.

                                                                  Tax ID number: 23829868

                                                                  Representative: Jau Huang

                                                                  Address: 15F., No. 100, Minquan Rd., Xindian

                                                                  Dist., New Taipei City 231, Taiwan  

                                                                  Tel: (02) 8667-1298  
	[The Tenant]

                                                                  Perfect Mobile Corp.  

                                                                  Tax ID number: 24725102  

                                                                  CEO: Alice H. Chang  

                                                                  Address: 14F., No. 98, Minquan Rd., Xindian

                                                                  Dist., New Taipei City 231, Taiwan  

                                                                  Tel: (02) 8667-1265  

		 

 

Date: March 10, 2021

 

    5Exhibit 10.1

 

SECURITIES PURCHASE AGREEMENT

 

This SECURITIES PURCHASE AGREEMENT
(this “Agreement”) is dated as of March 24, 2022, by and among Accelerate Diagnostics, Inc., a Delaware corporation
(the “Company”), and the purchaser identified on Annex I attached hereto (including its successors and assigns,
a “Purchaser”).

 

WHEREAS, subject to the terms
and conditions set forth in this Agreement and pursuant to Section 4(a)(2) of the Securities Act (as defined below) and Rule 506 promulgated
thereunder, the Company desires to issue and sell to the Purchaser, and the Purchaser desire to purchase from the Company, the Securities
(as defined below), as more fully described in this Agreement.

 

NOW, THEREFORE, IN CONSIDERATION
of the mutual covenants contained in this Agreement, and for other good and valuable consideration the receipt and adequacy of which are
hereby acknowledged, the Company and each Purchaser agree as follows:

 

ARTICLE
1.

DEFINITIONS

 

1.1.           
Definitions. In addition to the terms defined elsewhere in this Agreement, for all purposes of this Agreement, the following
terms shall have the meanings indicated in this Section 1.1:“Agreement” has the meaning set forth in the Preamble.

 

“Action”
means any action, suit, inquiry, notice of violation, proceeding (including any partial proceeding such as a deposition) or investigation
pending or threatened in writing against or affecting the Company, any Subsidiary or any of their respective properties before or by any
court, arbitrator, governmental or administrative agency, regulatory authority (federal, state, county, local or foreign), stock market,
stock exchange or trading facility.

 

“Affiliate”
means any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control
with a Person, as such terms are used in and construed under Rule 144.

 

“Business Day”
means any day except Saturday, Sunday and any day which is a federal legal holiday or a day on which banking institutions in the State
of New York are authorized or required by law or other governmental action to close.

 

“Closing”
means the closing of the purchase and sale of the Securities pursuant to Article II.

 

“Closing Date”
means June 30, 2022.

 

“Commission”
means the Securities and Exchange Commission.

 

“Common Stock”
means the common stock of the Company, par value $0.001 per share, and any securities into which such common stock may hereafter be reclassified.

 

    1 

     

    

 

“Company”
has the meaning set forth in the Preamble.

 

“Company Deliverables”
has the meaning set forth in Section 2.2(a).

 

“Company Party”
has the meaning set forth in Section 4.2(b).

 

“Exchange Act”
means the Securities Exchange Act of 1934, as amended.

 

“Indemnified Party”
has the meaning set forth in Section 4.2(c).

 

“Indemnifying Party”
has the meaning set forth in Section 4.2(c).

 

“Investment Amount”
means, with respect to the Purchaser, the aggregate amount to be paid for the Securities purchased hereunder as set forth opposite the
name of such Purchaser under the heading “Investment Amount” on Annex I attached hereto, in United States
dollars and in immediately available funds.

 

“Lien” means
any lien, charge, encumbrance, security interest, right of first refusal or other restrictions of any kind.

 

“Losses”
has the meaning set forth in Section 4.2(a).

 

“Material Adverse Effect”
has the meaning set forth in Section 3.1(d).

 

“Nasdaq”
means The Nasdaq Stock Market.

 

“Per Share Purchase
Price” equals $1.64, which is the “market value” of the Common Stock in accordance with Nasdaq rules and equal to
the consolidated closing bid price of the Common Stock reported on The Nasdaq Capital Market immediately preceding the time this Agreement
is entered into.

 

“Person”
means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company,
joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.

 

“Proceeding”
means an action, claim, suit, investigation or proceeding (including, without limitation, an investigation or partial proceeding, such
as a deposition), whether commenced or threatened.

 

“Purchaser”
has the meaning set forth in the Preamble.

 

“Purchaser Deliverables”
has the meaning set forth in Section 2.2(b).

 

“Purchaser Party”
has the meaning set forth in Section 4.2(a).

 

“Rule 144”
means Rule 144 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended from time to time, or any similar
rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule.

 

    2 

     

    

 

“SEC Reports”
has the meaning set forth in Section 3.2(e).

 

“Securities”
means the shares of Common Stock issued or issuable to the Purchaser pursuant to this Agreement.

 

“Securities Act”
means the Securities Act of 1933, as amended.

 

“Short Sales”
include, without limitation, all “short sales” as defined in Rule 200 promulgated under Regulation SHO under the Exchange
Act and all types of direct and indirect stock pledges, forward sale contracts, options, puts, calls, swaps and similar arrangements (including
on a total return basis), and sales and other transactions through non-US broker dealers or foreign regulated brokers.

 

“Subsidiary”
means any “significant subsidiary” as defined in Rule 1-02(w) of the Regulation S-X promulgated by the Commission under the
Exchange Act.

 

ARTICLE
2.

PURCHASE AND SALE

 

2.1.          Closing. 

 

(a)           Subject to the terms and conditions set forth in this Agreement, the Company shall issue and sell to each Purchaser, and each Purchaser
will purchase, severally and not jointly, the aggregate number of Securities set forth opposite the name of the Purchaser under the heading
 “Number of Securities Purchased” on Annex I attached hereto, which shall be equal to the Purchaser’s
Investment Amount divided by the Per Share Purchase Price (rounded down to the nearest whole share).

 

(b)           The Closing shall take place remotely or in such other manner as the parties agree in writing. For accounting and computational
purposes, the Closing will be deemed to have occurred at 12:01 a.m. (New York time) on the Closing Date.

 

2.2.          Closing Deliveries. 

 

(a)           On or prior to the Closing Date, the Company shall deliver or cause to be delivered to each Purchaser the following (the “Company
Deliverables”):

 

(i)                
this Agreement, duly executed by the Company;

 

(ii)             
confirmation from Nasdaq that the Company’s obligation to notify Nasdaq regarding the sale of the Securities has been completed;
and

 

(iii)           
a certificate or book-entry confirmation evidencing the number of Securities purchased by the Purchaser and registered in the name
of the Purchaser as specified on Annex I attached hereto;

 

    3 

     

    

 

(b)           On or prior to the Closing Date, each Purchaser shall deliver or cause to be delivered to the Company the following (the “Purchaser
Deliverables”):

 

(i)                
this Agreement, duly executed by the Purchaser; and

 

(ii)             
the Purchaser’s payment for the Securities purchased by it consisting of the Purchaser’s Investment Amount, in United
States dollars and in immediately available funds, by wire transfer to an account designated in writing by the Company for such purpose.

 

ARTICLE
3.

REPRESENTATIONS AND WARRANTIES

 

3.1.          Representations and Warranties of the Company. The Company hereby makes the following representations and warranties to
each Purchaser:

 

(a)              
Authorization; Enforcement. The Company has the requisite corporate power and authority to enter into this Agreement and
to consummate the transactions contemplated thereby. The execution and delivery of this Agreement by the Company and the consummation
by it of the transactions contemplated thereby have been duly authorized by all necessary action on the part of the Company. This Agreement
has been (or upon delivery will have been) duly executed by the Company and, when delivered in accordance with the terms hereof, will
constitute the valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as such
enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation or similar laws relating to,
or affecting generally the enforcement of, creditors’ rights and remedies or by other equitable principles of general application.

 

(b)              
Issuance of the Securities. The Securities have been duly authorized and, when issued and paid for in accordance with this
Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens. The Company has reserved from its
duly authorized capital stock the shares of Common Stock issuable pursuant to this Agreement.

 

(c)              
Certain Fees. No brokerage or finder’s fees or commissions are or will be payable by the Company to any broker, financial
advisor or consultant, finder, placement agent, investment banker, bank or other Person with respect to the transactions contemplated
by this Agreement. The Purchaser shall have no obligation with respect to any fees or with respect to any claims (other than such fees
or commissions owed by the Purchaser pursuant to written agreements executed by the Purchaser which fees or commissions shall be the sole
responsibility of the Purchaser) made by or on behalf of other Persons for fees of a type contemplated in this Section 3.1(c) that
may be due in connection with the transactions contemplated by this Agreement.

 

(d)              
No Violation or Default. Neither the Company nor any of its subsidiaries is: (i) in violation of its charter or bylaws or
similar organizational documents; (ii) in default, and no event has occurred that, with notice or lapse of time or both, would constitute
such a default, in the due performance or observance of any term, covenant, condition or other obligation contained in any indenture,
mortgage, deed of trust, loan agreement or other agreement or instrument to which the Company or any of its subsidiaries is a party or
by which the Company or any of its subsidiaries is bound or to which any property, right or asset of the Company or any of its subsidiaries
is subject; or (iii) in violation of any law or statute applicable to the Company or any of its subsidiaries or any judgment, order, rule
or regulation of any court or arbitrator or governmental or regulatory authority having jurisdiction over the Company or any of its subsidiaries
or any of their respective property or assets, except, in the case of clauses (ii) and (iii) above, for any such default or violation
that would not, individually or in the aggregate, reasonably be expected to have a material adverse effect on the business, properties,
management, financial position, stockholders’ equity, results of operations or prospects of the Company and its subsidiaries, taken
as a whole or on the performance by the Company of its obligations under this Agreement (a “Material Adverse Effect”).

 

    4 

     

    

 

(e)              
No Conflicts. The execution, delivery and performance by the Company of this Agreement and the issuance, sale and delivery
of the Securities will not: (i) result in any violation of the provisions of the charter or bylaws or similar organizational documents
of the Company or any of its subsidiaries; (ii) conflict with or result in a breach or violation of any of the terms or provisions of,
constitute a default under, result in the termination, modification or acceleration of, or result in the creation or imposition of any
lien, charge or encumbrance upon any property, right or asset of the Company or any of its subsidiaries pursuant to, any indenture, mortgage,
deed of trust, loan agreement or other agreement or instrument to which the Company or any of its subsidiaries is a party or by which
the Company or any of its subsidiaries is bound or to which any property, right or asset of the Company or any of its subsidiaries is
subject; or (iii) result in the violation of any law or statute applicable to the Company or any of its subsidiaries or any judgment,
order, rule or regulation of any court or arbitrator or governmental or regulatory authority having jurisdiction over the Company or any
of its subsidiaries or any of their respective property or assets, except, in the case of clauses (ii) and (iii) above, for any such conflict,
breach, violation, default, lien, charge or encumbrance that would not, individually or in the aggregate, reasonably be expected to have
a Material Adverse Effect.

 

3.2.          Representations and Warranties of the Purchaser. The Purchaser hereby represents and warrants to the Company as follows:

 

(a)              
Authorization; Enforcement. The Purchaser is either an individual or an entity duly incorporated or formed, validly existing
and in good standing under the laws of the jurisdiction of its incorporation or formation with full right, corporate, partnership, limited
liability company or similar power and authority to enter into this Agreement and to consummate the transactions contemplated thereby.
The execution and delivery of this Agreement by the Purchaser and the consummation by it of the transactions contemplated thereby have
been duly authorized by all necessary corporate, partnership, limited liability company or similar action, as applicable, on the part
of the Purchaser. This Agreement has been (or upon delivery will have been) duly executed by the Purchaser and, when delivered in accordance
with the terms hereof, will constitute the valid and binding obligation of the Purchaser enforceable against it in accordance with its
terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, liquidation or similar
laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies or by other equitable principles of
general application.

 

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(b)              
Investment Intent. The Purchaser is acquiring the Securities as principal for its own account for investment purposes only
and not with a view to or for distributing or reselling such Securities or any part thereof, without prejudice, however, to the Purchaser’s
right at all times to sell or otherwise dispose of all or any part of Securities in compliance with applicable federal and state securities
laws. Subject to the immediately preceding sentence, nothing contained herein shall be deemed a representation or warranty by the Purchaser
to hold the Securities for any period of time. The Purchaser is acquiring the Securities hereunder in the ordinary course of its business.
The Purchaser does not have any agreement or understanding, directly or indirectly, with any Person to distribute any of the Securities.

 

(c)              
Purchaser Status. At the time the Purchaser was offered the Securities, it was, and at the date hereof it is, (i) knowledgeable,
sophisticated and experienced in making, and qualified to make, decisions with respect to investments in securities representing and investment
decision similar to that involved in the purchase of the Securities, including investments in securities issued by the Company and comparable
entities, and (ii) an “accredited investor” as defined in Rule 501(a) under the Securities Act. The Purchaser is not a registered
broker-dealer under Section 15 of the Exchange Act.

 

(d)              
General Solicitation. The Purchaser is not purchasing the Securities as a result of any advertisement, article, notice or
other communication regarding the Securities published in any newspaper, magazine or similar media or broadcast over television or radio
or presented at any seminar or any other general solicitation or general advertisement.

 

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(e)              
Access to Information. The Purchaser acknowledges that it has had the opportunity to review this Agreement and the Company’s
reports required to be filed by it under the Securities Act and the Exchange Act, including pursuant to Section 13(a) or 15(d) thereof
(the “SEC Reports”), and has been afforded (i) the opportunity to ask such questions as it has deemed necessary of,
and to receive answers from, representatives of the Company concerning the terms and conditions of the offering of the Securities and
the merits and risks of investing in the Securities; (ii) access to information about the Company and the Subsidiaries and their respective
financial condition, results of operations, business, properties, management and prospects sufficient to enable it to evaluate its investment;
and (iii) the opportunity to obtain such additional information that the Company possesses or can acquire without unreasonable effort
or expense that is necessary to make an informed investment decision with respect to the investment. Neither such inquiries nor any other
investigation conducted by or on behalf of the Purchaser or its representatives or counsel shall modify, amend or affect the Purchaser’s
right to rely on the truth, accuracy and completeness of the SEC Reports and the Company’s representations and warranties contained
in this Agreement, subject to the exceptions thereto and as set forth therein, as the case may be.

 

(f)               
Certain Trading Activities. The Purchaser has not directly or indirectly, nor has any Person acting on behalf of or pursuant
to any understanding with it, engaged in any transactions in the securities of the Company (including, without limitations, any Short
Sales involving the Company’s securities) since the 30th day prior to the date of this Agreement. The Purchaser covenants
that neither it nor any Person acting on its behalf or pursuant to any understanding with it will engage in any transactions in the securities
of the Company (including Short Sales) during the period from the date hereof until the earlier of such time as (i) the transactions contemplated
by this Agreement are publicly disclosed or (ii) this Agreement is terminated in full pursuant to Section 6.5.

 

(g)              
Reliance on Purchaser Representations. The Purchaser understands that the Securities are being offered and sold to it in
reliance upon specific exemptions from the registration requirements of the Securities Act and the rules and regulations promulgated thereunder,
and state securities laws and that the Company is relying upon the truth and accuracy of, and the Purchaser’s compliance with, the
representations, warranties, agreements, acknowledgements and understandings of the Purchaser set forth herein in order to determine the
availability of such exemptions and the eligibility of the Purchaser to acquire the Securities. Under such laws and rules and regulations,
the Securities may be resold without registration under the Securities Act only in certain limited circumstances. The Purchaser represents
that it is familiar with Rule 144 under the Securities Act, as presently in effect, and understands the resale limitations.

 

(h)              
Risks of Investment. The Purchaser understands that its investment in the Securities involves a significant degree of risk,
including a risk of total loss of its investment, and the Purchaser has full cognizance of and understands all of the risk factors related
to its purchase of the Securities, including, but not limited to, those set forth under the caption “Risk Factors” in the
SEC Reports. The Purchaser understands that the market price of the Common Stock has been volatile and that no representation is being
made as to the future value of the Common Stock. The Purchaser has the knowledge and experience in financial and business matters as to
be capable of evaluating the merits and risks of an investment in the Securities and has the ability to bear the economic risks of an
investment in the Securities.

 

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(i)                
No Approvals. The Purchaser understands that no United States federal or state agency or any other government or governmental
agency has passed upon or made any recommendation or endorsement of the Securities.

 

(j)                
Independent Investment Decision. The Purchaser has independently evaluated the merits of its decision to purchase Securities
pursuant to this Agreement, and the Purchaser confirms that it has not relied on the advice of any other Purchaser’s business and/or
legal counsel in making such decision. The Purchaser understands that nothing in this Agreement or any other materials presented by or
on behalf of the Company to the Purchaser in connection with the purchase of the Securities constitutes legal, tax or investment advice.
The Purchaser has consulted such legal, tax and investment advisors as it, in its sole discretion, has deemed necessary or appropriate
in connection with its purchase of the Securities.

 

(k)              
Residency. The Purchaser’s residence (if an individual) or offices in which its investment decision with respect to
the Securities was made (if an entity) are located at the address set forth under the Purchaser’s name on Annex I attached
hereto.

 

ARTICLE
4.

OTHER AGREEMENTS OF THE PARTIES

 

4.1.          Transfer
Restrictions.

 

(a)             Compliance with Laws. Notwithstanding any other provision of this Article 4, each Purchaser covenants
that the Securities may be disposed of only pursuant to an effective registration statement under, and in compliance with the requirements
of, the Securities Act, or pursuant to an available exemption from, or in a transaction not subject to, the registration requirements
of the Securities Act, and in compliance with any applicable U.S. state and federal securities laws. In connection with any transfer
of the Securities other than (i) pursuant to an effective registration statement, (ii) to the Company or (iii) pursuant to Rule 144 (provided
that the Purchaser provides the Company with reasonable assurances (in the form of seller and, if applicable, broker representation letters)
that the securities may be sold pursuant to such rule), the Company may require the transferor thereof to provide to the Company an opinion
of counsel selected by the transferor and reasonably acceptable to the Company, the form and substance of which opinion shall be reasonably
satisfactory to the Company, to the effect that such transfer does not require registration of such transferred Securities under the
Securities Act. As a condition of transfer, any such transferee shall agree in writing to be bound by the terms of this Agreement and
shall have the rights of a Purchaser under this Agreement with respect to such transferred Securities.

 

(b)              
Legends. Certificates evidencing the Securities will contain the legend in substantially the following form:

 

THESE SECURITIES HAVE NOT BEEN REGISTERED WITH
THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE TRANSFERRED, SOLD, ASSIGNED, PLEDGED,
OR OTHERWISE DISPOSED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION
FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE
SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE
COMPANY.

 

    8 

     

    

 

4.2.          Indemnification.

 

(a)             The Company will indemnify and hold each Purchaser and its directors, officers, employees, agents and
Affiliates (each, a “Purchaser Party”) harmless from any and all losses, liabilities, obligations, claims, contingencies,
damages, costs and expenses, including all judgments, amounts paid in settlements, court costs and reasonable attorneys’ fees and
costs of investigation (collectively, “Losses”) that any the Purchaser may suffer or incur as a result of or relating
to any misrepresentation, breach or inaccuracy of any representation, warranty, covenant or agreement made by the Company in this Agreement.

 

(b)              
Each Purchaser will, severally and not jointly, indemnify and hold the Company and its directors, officers, employees, agents and
Affiliates (each, a “Company Party”) harmless from any and all Losses that any such Company Party may suffer or incur
as a result of or relating to any misrepresentation, breach or inaccuracy of any representation, warranty, covenant or agreement made
by the Purchaser in this Agreement.

 

(c)              
In addition to the indemnities contained in this Section 4.2, if any Proceeding shall be brought or asserted against any
Person entitled to indemnity hereunder (each, an “Indemnified Party”), each Person from whom indemnity is sought (each,
an “Indemnifying Party”) shall reimburse the Indemnified Party for its reasonable legal and other expenses (including
the cost of any investigation, preparation and travel in connection therewith) incurred in connection therewith, as such expenses are
incurred.

 

ARTICLE
5.

CONDITIONS PRECEDENT TO CLOSING

 

5.1.          Conditions Precedent to the Obligations of the Purchaser to Purchase Securities. The obligation of each Purchaser to acquire
Securities at the Closing is subject to the satisfaction or waiver by the Purchaser, at or before the Closing Date, of each of the following
conditions:

 

(a)              
Representations and Warranties. The representations and warranties of the Company contained herein shall be true and correct
in all material respects as of the date when made and as of the Closing Date as though made on and as of such date;

 

    9 

     

    

 

(b)              
Performance. The Company shall have performed, satisfied and complied in all material respects with all covenants, agreements
and conditions required by this Agreement to be performed, satisfied or complied with by it at or prior to the Closing;

 

(c)              
No Injunction. No statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered,
promulgated or endorsed by any court or governmental authority of competent jurisdiction that prohibits the consummation of any of the
transactions contemplated by this Agreement; and

 

(d)              
Company Deliverables. The Company shall have delivered the Company Deliverables in accordance with Section 2.2(a).

 

5.2.          Conditions Precedent to the Obligations of the Company to sell Securities. The obligation of the Company to sell Securities
to each Purchaser at the Closing is subject to the satisfaction or waiver by the Company, at or before the Closing Date, of each of the
following conditions:

 

(a)              
Representations and Warranties. The representations and warranties made by each Purchaser contained herein shall be true
and correct in all material respects as of the date when made and as of the Closing Date as though made on and as of such date;

 

(b)              
Performance. The Purchaser shall have performed, satisfied and complied in all material respects with all covenants, agreements
and conditions required by this Agreement to be performed, satisfied or complied with by the Purchaser at or prior to the Closing;

 

(c)              
No Injunction. No statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered,
promulgated or endorsed by any court or governmental authority of competent jurisdiction that prohibits the consummation of any of the
transactions contemplated by this Agreement; and

 

(d)              
Purchaser Deliverables. The Purchaser shall have delivered its Purchaser Deliverables in accordance with Section 2.2(b).

 

ARTICLE
6.

MISCELLANEOUS

 

6.1.          Fees and Expenses. Each of the Company and the Purchaser has relied on the advice of its own respective counsel. Each party
shall pay the fees and expenses of its advisers, counsel, accountants and other experts, if any, and all other expenses incurred by such
party incident to the negotiation, preparation, execution, delivery and performance of this Agreement.

 

    10 

     

    

 

6.2.          Entire
Agreement. This Agreement contain the entire understanding of the parties with respect to the subject matter hereof and supersede
all prior agreements, understandings, discussions and representations, oral or written, with respect to such matters. At or after the
Closing, and without further consideration, the Company and the Purchaser will execute and deliver to the other such further documents
as may be reasonably requested in order to give practical effect to the intention of the parties under this Agreement. 

 

6.3.          Notices. All notices and other communications hereunder shall be in writing and shall be deemed given if delivered personally,
sent by electronic mail, telecopied (upon telephonic confirmation of receipt), on the first Business Day following the date of dispatch
if delivered by a recognized next day courier service, or on the third Business Day following the date of mailing if delivered by registered
or certified mail, return receipt requested, postage prepaid. All notices hereunder shall be delivered as set forth below, or pursuant
to such other instructions as may be designated in writing by the party to receive such notice:

 

	If to the Company:	Accelerate Diagnostics, Inc.
	 	3950 S. Country Club Rd. #470
	 	Tucson, AZ 85714
	 	Fax: (520) 269-6580
	 	E-mail: mbridge@axdx.com
	 	Attn: Michael Bridge
	 	 
	with a copy to:	Snell & Wilmer L.L.P.
	 	One Arizona Center
	 	400 East Van Buren
	 	Phoenix, AZ 85004-2202
	 	Fax: (602) 382-6070
	 	Attn: Dan Mahoney and Joshua Schneiderman
	 	 
	If to Purchaser:	To the address set forth under the Purchaser’s name on Annex I attached hereto.

 

    11 

     

    

 

6.4.           
Amendments; Waivers; No Additional Consideration. No provision of this Agreement may be waived or amended except in a written
instrument signed by the Company and the Purchaser. 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 either party to exercise any right hereunder in any manner
impair the exercise of any such right.

 

6.5.           
Termination. This Agreement may be terminated prior to the Closing Date on a Purchaser-by-Purchaser basis by written agreement
of the Purchaser and the Company. Upon a termination in accordance with this Section 6.5, the Company and the Purchaser shall not
have any further obligation or liability (including as arising from such termination) to the other.

 

6.6.           
Construction. The headings herein are for convenience only, do not constitute a part of this Agreement and shall not be
deemed to limit or affect any of the provisions hereof. The language used in this Agreement will be deemed to be the language chosen by
the parties and their counsel to express their mutual intent, and no rules of strict construction will be applied against any party. This
Agreement shall be construed as if drafted jointly by the parties, and no presumption or burden of proof shall arise favoring or disfavoring
any party by virtue of the authorship of any provisions of this Agreement.

 

6.7.           
Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties and their successors
and permitted assigns. This Agreement, or any rights or obligations hereunder, may not be assigned by the Company (except by merger or
in connection with another entity acquiring all or substantially all of the Company’s assets) without the prior written consent
of each Purchaser. Any Purchaser may assign its rights hereunder in whole or in part to any Person to whom the Purchaser assigns or transfers
any Securities in compliance with this Agreement and applicable law; provided, that such transferee shall agree in writing to be bound
by the terms and conditions of this Agreement and provides written notice of assignment to the Company promptly after such assignment
is effected.

 

6.8.           
No Third-Party Beneficiaries. This Agreement is intended for the benefit of the parties hereto and their respective successors
and permitted assigns and is not for the benefit of, nor may any provision hereof be enforced by, any other Person.

 

6.9.           
Governing Law. All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall
be governed by and construed and enforced in accordance with the internal laws of the State of New York, without regard to the principles
of conflicts of law thereof. Each party agrees that all Proceedings concerning the interpretations, enforcement and defense of the transactions
contemplated by this Agreement (whether brought against a party hereto or its respective Affiliates, employees or agents) shall be commenced
exclusively in the New York courts. Each party hereto hereby irrevocably submits to the exclusive jurisdiction of the New York courts
for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein
(including with respect to the enforcement of this Agreement), and hereby irrevocably waives, and agrees not to assert in any Proceeding,
any claim that it is not personally subject to the jurisdiction of any such New York court, or that such Proceeding has been commenced
in an improper or inconvenient forum. Each party hereto hereby irrevocably waives personal service of process and consents to process
being served in any such Proceeding by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of
delivery) to such party at the address in effect for notices to it under this Agreement and agrees that such service shall constitute
good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve
process in any manner permitted by law. Each party hereto hereby irrevocably waives, to the fullest extent permitted by applicable law,
any and all right to trial by jury in any legal proceeding arising out of or relating to this Agreement, or the transactions contemplated
thereby. If a party shall commence a Proceeding to enforce any provisions of this Agreement, then the prevailing party in such Proceeding
shall be reimbursed by the other party for its reasonable attorneys’ fees and other costs and expenses incurred with the investigation,
preparation and prosecution of such Proceeding.

 

    12 

     

    

 

6.10.       
Survival. The representations, warranties, agreements and covenants contained herein shall survive the Closing Date and
the delivery of the Securities for a period of one (1) year thereafter, after which time they shall expire and be of no further force
or effect.

 

6.11.       
Execution. This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered
one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other party,
it being understood that both parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission,
such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with
the same force and effect as if such facsimile signature page were an original thereof.

 

6.12.       
Severability. If any provision of this Agreement is held to be invalid or unenforceable in any respect, the validity and
enforceability of the remaining terms and provisions of this Agreement shall not in any way be affected or impaired thereby and the parties
will attempt to agree upon a valid and enforceable provision that is a reasonable substitute therefor, and upon so agreeing, shall incorporate
such substitute provision in this Agreement.

 

6.13.       
Replacement of Securities. If any certificate or instrument evidencing any Securities is mutilated, lost, stolen or destroyed,
the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof, or in lieu of and substitution
therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft
or destruction and customary and reasonable indemnity, if requested. The applicants for a new certificate or instrument under such circumstances
shall also pay any reasonable third-party costs associated with the issuance of such replacement Securities. If a replacement certificate
or instrument evidencing any Securities is requested due to a mutilation thereof, the Company may require delivery of such mutilated certificate
or instrument as a condition precedent to any issuance of a replacement.

 

6.14.       
Remedies. In addition to being entitled to exercise all rights provided herein or granted by law, including recovery of
damages, the Purchaser and Company will be entitled to specific performance under this Agreement. The parties agree that monetary damages
may not be adequate compensation for any loss incurred by reason of any breach of obligations described in the foregoing sentence and
hereby agrees to waive in any action for specific performance of any such obligation the defense that a remedy at law would be adequate.

 

[SIGNATURE PAGES FOLLOW]

 

    13 

     

    

 

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

 

	 	“COMPANY”:
	 	ACCELERATE DIAGNOSTICS, INC.,
	 	a Delaware corporation
	 	 	 
	 	/s/ Jack Phillips
	 	Name:	Jack Phillips
	 	Title:	President & CEO
	 	 	 
	 	“PURCHASER”:
	 	Jack W. Schuler Living Trust
	 	 	 
	 	/s/ Jack W. Schuler
	 	Name: 	Jack W. Schuler
	 	Title: 	President

 

[SIGNATURE PAGE TO SECURITIES PURCHASE AGREEMENT]

 

     

     

    

 

ANNEX I

 

PURCHASER SCHEDULE

 

	Name and Address	Investment Amount	Number of Securities Purchased
	
    Jack W. Schuler Living Trust

    100 N. Field Drive

    Suite 360

    Lake Forest, IL 60045
	$4,000,000	2,439,024
	Totals:	$4,000,000	2,439,024

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