Document:

Exhibit 10.6

 

	RENTAL CONTRACT FOR SPACE	Rental contract number
	 	1000-848-2114

 

	Undersigned has this day drawn up the following rental contract:	A checkmark in this box means that the text following it is valid

 

	Landlord	
        Name and address

        HSB Uppsala economic organization
	
        ID number/organization number

        717600-4641

	Tenant	
        Name

        Oasmia Pharmaceutical AB
	
        ID number/organization number

        556332-6676

	Address 
	Zip code and mailing address
	Space address	Apartment number	
        Property designation

        Libroback 9:2 in Uppsala
	House	Entryway	
        Level

        7

	
        Address

        1 Vallon road

	Space condition and use	
        The space and the associated spaces, unless otherwise noted,
        as it is to be used as:

        Lunch room

	Space size and extent	
        Retail space

        Level m2
	
        Office space

        Level m2 Level m2
	
        Storage space

        Level m2
	
        Attic space

        Level m2
	
        Basement space

        Level m2
	
        Other space

        Level m2

        8 ca 276

	x The extent of
the rented spaces has been marked on an attached plan(s).

 

	
        Annex

        1

	 ̈ driveway for car for loading and unloading	 ̈ Place for sign	 ̈ Place for display cabinets/dispensers	 ̈ Parking spot(s)  for car(s)	 ̈ Garage space for car(s)	 ̈ Outhouse
	Interior	
        The space is rented out

        x
        without specifics for the establishment intended interior 
	
         ̈
        with specifics for the establishment intended interior according to annex

         
	At termination the tenant, unless a separate agreement is made, remove interiors and reset the space to an acceptable condition	Annex
	Contract period	
        As of

        01/01/2009
	
        Until

        12/31/2013

	
        Notice period

        Extension period
	
        Notice period for this contract will be in writing at least

        9 months
	
        Before the agreed contract period termination or the contract
        will be extended

        3 years every time

	Rent	
        Sek

        221,000                          per year
	 ̈ Total rent	x Rent excluding the additions marked below
	 	 	 	 	 	 	 	 	 

    	 

    	 

    

 

	
         

        Index clause
	x Changes to the above stated rent occurs in accordance with the attached clause, annex 2 
	
         

        Heat and hot water
	
        Necessary heating of the space provided by

        x
        Landlord                    ̈ Tenant
	
        Hot water provided

        x
        Entire year                ̈
        Not at all                ̈

	
         

        Cost and Va-cost
	 ̈ Va-addition deleted in accordance with attached clause, annex 
	Air conditioning	 ̈ Costs for running special cooling/ventilation equipment is replaced in accordance with attached clause, annex 
	Electricity	 ̈ Included in rent                               x Tenant has their own service
	Staircase cleaning	x Included in rent                                ̈ Arrangements and costs by the tenant
	Packaging and trash pick up	 ̈ Included in rent      	
         ̈
        Arrangements and costs by the tenant (however the landlord is responsible for maintenance of trashcans and attached trash rooms)

         

	Snow plowing and sanding	x Included in rent	 ̈ Arrangements and costs by the tenant 
	Property tax	 ̈ Included in rent      	x Compensation therefore reimbursed in accordance with specific agreement, annex 3
	Unpredictable costs	
        If after the signing of the contract - for contracts lasting
        more than 3 years - unexpected costs arise for the property due to:

        a.    Introduction or increasing
        of certain things for the property regarding taxes, fees, or charge from parliament, government, county or authority can decide,

        b.    general rebuilding measures
        or similar for the property that not only covers the space and that the landlord is imposed to complete following a decision by
        the parliament, government, county or authority

        the tenant shall with effect from the onset cost increase provide
        compensation to the landlord for the accruing yearly increase in costs for the property.

        The space share is percent (if the share is not given it will
        be calculated in relation to the property rent at the time of the cost increase).

        With tax according to a) above VAT is not provided and property
        tax compensation insofar therefore is paid with the specific agreement above.

        Compensation is paid in accordance to the below rules for rent
        payment.

	
        Value added tax

        (VAT)
	
        x
        The property owner/landlord is tax responsible for VAT for the renting out of the space. The tenant shall pay the VAT at every
        opportunity in addition to rent. 

         ̈
        If the property owner/landlord, after a decision by the IRS, becomes liable for VAT for the renting out of the space the tenant
        shall pay the VAT at every opportunity in addition to rent.

         

        This which is paid at the same time as the rent shall be calculated
        using the given rent amount plus, at every point regarding the rules for VAT on rent, on anticipated cases in accordance with the
        rental contract outgoing additions and other compensations.

	Rent payment 	
        The rent is paid without demand for an advance at the latest
        the last business day before every

        x
        Calendar quarter start by deposit into 

         ̈
        Calendar month start by deposit into 
	
        Postgiro number

         

        931204-2
	Bank account number
	 	 	 	 	 	 

7.5.1.3-012R-1/2004-05-21/Rental contract for space - Form

    	 

    	 

    

 

	 	Rental contract number
	 	1000-848-2114

 

	Rent payment reminder	At delayed rental payment the tenant shall pay partial rent according to the rent laws, partial payment for written payment reminder according to the law for compensation for collection costs etc. Payment for reminder is deleted with the amount that at every opportunity according to the regulation about compensation for collection costs etc. 
	Maintenance etc.	 ̈ The landlord shall perform and pay for the necessary maintenance for the spaces and from him the provided interior. 	Although the tenant is responsible for	Annex 
	x The tenant will perform and pay for the required maintenance for the surface of floors, walls and ceiling along with interiors provided by the landlord.	The tenant’s maintenance obligations comprises beyond it. 	Annex
	 ̈ The division of maintenance responsibility 	Annex
	
        The tenant will not receive a decrease in rent for barriers
        or usufruct for a time when the tenant allows conventional maintenance of the property or the rented spaces. However it remains
        on the landlord to notify the tenant with plenty of notice regarding the type of work being performed and the extent as well as
        when and for how long the work will be performed.

        In the event that the rental covers retail space/workshop with
        an activity dependent on customer access the clause should cover it only if a special agreement has been made.

	
        It is incumbent upon

         ̈
        Landlord             ̈
        Tenant
	to on their own accord and own expense answer for the measures that could be demanded by the insurance company, building department, environment and health protection department, fire department or other authority in order for the space to be used for the intended purpose, including responsibility for refrigerants. The tenant shall take council with the landlord before measures are taken. 
	If the tenant makes changes to the spaces without the proper building permits, the landlord will be forced to, in accordance with the rules in PBL, demand building fee or addition fee from the tenant commensurate to the cost. 
	
        Signs

        Awnings

        Windows

        Doors

        etc.
	
        After council with the landlord, the tenant owns any signage
        put up for the business provided that the landlord has not refused and that the tenant has the required permits from the relevant
        authorities. When vacating it is the tenant's responsibility to restore the building facade to an acceptable condition.

        During more extensive property maintenance, such as facade renovation,
        it is the responsibility of the tenant to at own expense and without reimbursement take down and put up any signage, awnings and
        antennas.

        The landlord does not commit to put up dispensers and display
        cases on the outer walls of the tenant’s rented spaces without the tenant’s approval as well as giving the tenant the
        option of putting up dispensers and display cases on the walls in question.

	 ̈  Landlord     x Tenant        Is responsible for damage due to window fronts, entry doors and signs.
	 ̈ The landlord is responsible to sign and maintain glass insurance concerning all the windows and entry doors belonging to the space. 
	Locks	
        It is the

         ̈
        Landlord’s           x
        Tenant’s
	responsibility to equip the space with the locks and alarm systems required for the tenant’s business insurance.
	Force majeure	The landlord absolves itself from responsibility to complete their part of the contact and responsibility for reimbursing damages if his commitments are not at all or to an abnormally high cost can be fulfilled by war or riots, due to stoppage of work, blockade, fire, explosion or intervention from official authorities that the landlord is not in control of and could not predict. 
	 	 	 	 	 

    	 

    	 

    

 

	Security	
        The provision for this contract’s validity is secured
        in the form of

         ̈
        Bank guarantee  ̈
        guaranty  ̈             
        submitted by 
	Annex
	Special agreements	 	Annex
	Signatures	
        This contract, which may not be written without specific consent,
        has been written in two identical examples, both parties have theirs.

        Previous contracts between the parties regarding this space
        ceases to be valid as of this contracts validation.

	
        City/date

        Uppsala 12/17/2008
	
        City/date

        Uppsala 12/29/2008

	
        Landlord

        HSB Uppsala economic organization

         

         
	
        Tenant

        Oasmia Pharmaceutical AB

         

	
        Printed name

        Tomas Eriksson
	
        Printed name

        Julian Aleksov

	Agreement regarding vacating	
        Due to an agreement made on this day the contract will terminate

        As of                              To the day the tenant commits to vacate

	City/date	Landlord	Tenant
	Transference	The above rental contract is transferred to                    on 
	Departing tenant	Incoming tenant
	Printed name	Printed name
	The above transference approved by	City/date	Landlord
	 	 	 	 	 	 

7.5.1.3-012R-1/2004-05-21/Rental contract for space - FormExhibit 10.27

 

Klovern

Page 1 of 1

 

Fyrislund 6:6

 

 

Uppsala Business
Park

 

Rental Contract
for

Oasmia Pharmaceutical
AB

 

Building
4A

 

Contract
7307-0018-01

 

	
        Klovern Uppsala

        Virdings Alle, 75450, Uppsala

        Organization number:

 556482-5833, HQ: Stockholm
	 	
        Telephone: 018-490 30 90

        Fax: 018-490 30 99

        Website: www.klovern.se

 

    	 

    	 

    

 

	Klovern	
        Rental Contract

        for space
	
         

        Number: 7307-0018-01

 

	Undersigned has this day drawn up the following rental contract:	A checkmark in this box means that the text following it is valid

 

	Landlord	
        Name and address

        Klovern Efraim AB
	
        ID number/organization number

        556594-9855
	 
	Tenant	
        Name

        Oasmia Pharmaceutical AB
	
        ID number/organization number

        556332-6676
	 
	
        Mailing address

        1 Vallon road, 75228, Uppsala
	 
	 
	Space address	
        County:

        Uppsala
	
        Property designation

        Fyrislund 6;6
	 
	
        Address

        Virdings Alle
	
        Stair/building

        4A
	Space number:	 
	Use of space 	
        The space and the associated spaces, unless otherwise noted,
        as it is to be used as:

        Cold room

         

         ̈
        The purpose of its use has been described more closely the attached specification. 

         

        Annex 1

         
	 
	Space condition	
        The space is rented out as is.

         ̈
        A description of the condition of the space at the time of his contract as well as information on who will have dealt with and
        paid partially for the rectification of deficiencies, partially agreed upon changes resulting from attached inspection and measures
        protocols. 
	Annex 1	 
	Space size and extent	
        Area type

        Cold room
	
        Level

        0
	
        ca m2

        29
	
        Area type

        Part of joint
	Level	
        ca m2

        19
	 
	 	 	 	 	 	 	 
	
        If the area proposed in the contract differs from the actual
        area the differential does not give the right for the tenant to be paid back or have rent lowered nor the landlord the right to
        raise the rent.

         ̈
        The extent of the rented spaces has been marked on an attached plan(s).
	
        Annex

        1
	 
	 ̈ driveway for car for loading and unloading	 ̈ Place for sign	 ̈ Place for display cabinets/dispensers	 ̈ Parking spot(s)  for ________car(s)	 ̈ Garage space for _____car(s)	
         ̈

        ________
	 
	Contract period	
        As of

        05/01/2015
	
        Until

        04/30/2015
	 
	
        Notice period

        Extension period
	
        Notice period for this contract will be in writing at least
        6 months before the contract period termination.

        9 months

         

        Otherwise
        the contract will be extended  ̈        1      year
         ̈ _________months

         
	 

 

    	 

    	 

    

 

	 	 
	Rent	Sek               See annex 1                            per year excluding the additions marked below
	
         

        Index clause
	 ̈ Changes to the above stated rent occurs in accordance with the attached clause.	Annex 1
	Property tax	 ̈ Property tax is reimbursed in accordance with attached property tax clause   	 ̈ Included in rent	Annex 1
	Supply of and payment of electricity, water, heat, hot water, a/c and ventilation	
        The landlord will supply

         ̈
        Electricity             ̈
        Water         ̈
        Heat       ̈
        Hot water       ̈
        A/C              ̈
        Ventilation

         

        Payment:

         

	Electricity	 ̈  Tenant has own service	 ̈ Tenant pays in accordance with the attached costs of operation clause	 ̈ Included in rent	Annex 1
	Water	 ̈  Tenant has own service	 ̈ Tenant pays in accordance with the attached costs of operation clause	 ̈ Included in rent	Annex 1
	Heat	 ̈  Tenant has own service	 ̈ Tenant pays in accordance with the attached costs of operation clause	 ̈ Included in rent	Annex 1
	Hot water	 ̈  Tenant has own service	 ̈ Tenant pays in accordance with the attached costs of operation clause	 ̈ Included in rent	Annex 1
	A/C	 ̈  Tenant has own service	 ̈ Tenant pays in accordance with the attached costs of operation clause	 ̈ Included in rent	Annex 1
	Ventilation	 	 ̈ Tenant pays in accordance with the attached costs of operation clause	 ̈ Included in rent	Annex 1
	 	 
	 	
         

         

	Meter	
        If the tenant has their own service according to the above and
        a meter is missing, the cost and installation of the meter supplied by:

         ̈
        Landlord  ̈ Tenant

	 	 	 	 	 	 	 	 

Property owners of Sweden form 12B.2 prepared 2008 in consultation
with SABO, Swedish Commerce and Business. Revised 2011.                                                                                     Signature

Reprint not authorized.

 

    	 

    	 

    

 

	Klovern	
        Rental Contract

        for space
	
         

        Number: 7307-0018-01

 

	Undersigned has this day drawn up the following rental contract:	A checkmark in this box means that the text following it is valid

 

	Waste management	
        The landlord is responsible for both maintaining the space for
        the trash and arranging removal of the trash. The tenant is responsible for placing the trash in the intended bin in the intended
        place as well as, without compensation, participate in further trash sorting that the landlord can decide. For this the following
        applies:

         ̈
        The tenant will be responsible for and pay for the removal of the trash that comes from the business that the tenant runs in the
        space. (However it is the landlord’s responsibility to maintain trash bins and the required trash disposal space.)
        The tenant agrees to sign and abide by a contract with a cleaning contractor for the disposal of trash. 

         ̈
        The tenant organizes removal of trash for several tenant’s businesses at the property. The tenant will in addition to paying
        rent to the landlord pay reimbursement for the tenant’s share of the cost of the removal. The space’s share of the
        cost will be _______ percent. The rent addition will as of the signing of this contract be ______ Sek per year. 

         ̈
        The cost for the removal of trash that originates from the business the tenant runs in the space is included in the rent. 

         ̈
        Other rules apply according to annex
	 
	Staircase cleaning	
        x
        Included in rent

         ̈
        Arrangements and costs by the tenant
	 ̈ Arrangements and costs by the tenant	 ̈ Other rules according to attached annex	Annex 	 
	Snow plowing and sanding	x Included in rent	 ̈ Arrangements and costs by the tenant 	 ̈ Other rules according to attached annex	Annex 1	 
	Unpredictable costs	
        If after the signing of the contract unexpected costs arise
        for the property due to:

        a.    Introduction
        or increasing of certain things for the property regarding taxes, fees, or charge from parliament, government, county or authority
        can decide,

        b.    general
        rebuilding measures or similar for the property that not only covers the space and that the landlord is imposed to complete following
        a decision by the parliament, government, county or authority

        the tenant shall with effect from the onset cost increase provide
        compensation to the landlord for the accruing yearly increase in costs for the property.

        The space share is 0.08 percent. If the share is not given it
        will be determined by the space rents (excluding VAT) in relation to those in at the property at the time of the cost increase
        (excluding eventual VAT). For spaces that are not rented out there will be an estimate of the market rent for the space.

        With tax according to a) above VAT is not provided and property
        tax compensation insofar therefore is paid with the specific agreement above. Unpredictable costs means those costs that at the
        contracts signing had not been decided under a) and b) given instances. Compensation is paid in accordance to the below rules for
        rent payment.
	 
	
        Value added tax

        (VAT)

        The tenants VAT responsibility
	
        x
        The tenant will run a VAT responsible business in the space. 

         

         ̈
        The tenant will not run a VAT responsible business in the space. 

         
	 
	 
	Landlord’s VAT responsibility	
        x
        The property owner/landlord is liable to pay taxes for VAT by renting out the space. The tenant shall in addition to rent pay the
        applicable VAT at every instance. 

         ̈
        If the property owner/landlord chooses to be liable for the VAT for the renting out of the space the tenant shall at every instance
        pay the applicable VAT

        The VAT, which will be paid along with the rent, is calculated
        by the given rent amount at every given instance in accordance with the rules for VAT on rent in according to the rental contract
        outgoing additions and other compensations.

        If the landlord as a result of the tenants independent action,
        for example complete subletting of the space or partial subletting (to own company) or transference, they will be adjustment obligated
        for the VAT in accordance with the agreements in the VAT law, the tenant will compensate the landlord fully for this lost deduction.
        The tenant will also reimburse for the lost deduction for incoming VAT on the running costs that arise from the tenant’s
        actions.
	 

 

    	 

    	 

    

  

	Rent payment 	
        The rent is paid without demand for an advance at the latest
        the last business day before every

        x
        Calendar quarter start by deposit into 

         ̈
        Calendar month start by deposit into 
	
        Postgiro number

         

         
	Bank account number
	Interest, rent reminder	At a late rent payment the tenant will both interest in accordance with the interest law and reimbursement for written payment reminders in accordance with the law on reimbursement for collection costs etc. 
	Environmental effects	
        The tenant will prior to moving into the space provide all the
        necessary permits for the business that the space is used. The business should be run in a way that it at every moment fulfills
        the applicable environmental laws and other environmental regulations. The tenant’s responsibility for the environmental
        effects are valid even after the tenant vacates the space and is not barred from the agreements in chapter 12. 61 § Land code.

        x
        For further agreements regarding environmentally dangerous business, see attached environment clause.

         

         ̈
        The parties have reached an agreement concerning mitigating properties and space effect on the environment, see green attachment

        Annex 1

        Annex

	Building material declarations	If the tenant in accordance with the agreements in this contract or otherwise carry out maintenance, improvements, or changes to the space the tenant must give the landlord notice and provide building material declaration - so that it is worked out what products and material will be added to the space.  
	Revisions - inspections	
        If during one of the authorities revision inspections of the
        installation of electrical or sprinkler systems errors are found in the tenant’s installation, the tenant will at own cost
        perform the required actions within the timeframe that the authority has provided.

        If the tenant has not completed the required fixes within the
        prescribed timeframe the landlord has the right to carry out the required fixes at the cost of the tenant.

	Access to certain spaces	The tenant is responsible for the access to such spaces that the landlord or someone representing the landlord or personnel from the electric company, water company, telecom company or similar must have access to for the maintenance and running of the property and it must not be impeded by the running of the tenant’s business. 
	PBL - fees	If the tenant, without the required building permits, other permits  make changes to the space and the landlord as a result of this is required to issue building sanction fees or vite in accordance with the plan and building law (PBL), the tenant will reimburse the landlord the equal amount. 

Property owners of Sweden form 12B.2 prepared 2008 in consultation
with SABO, Swedish Commerce and Business. Revised 2011.                                                                           Signature

Reprint not authorized.

 

    	 

    	 

    

 

	Klovern	
        Rental Contract

        for space
	
         

        Number: 7307-0018-01

 

	Undersigned has this day drawn up the following rental contract:	A checkmark in this box means that the text following it is valid

 

	Fire protection	x The parties responsibilities towards each other in regards to the law for protection against accidents are regulated in the attached fire protection clause. 	Annex 1	 
	Authority demands	
         ̈
        Landlord

         

        x
        Tenant
	will at their own responsibility and at their own cost answer for those measures that the authority, court or insurance company with the support of current or future laws or agreements as of the move in date can demand in order for the space to be used for the intended purpose. The tenant will take council with the landlord prior to taking any action. 	 
	Interior	
        The space is rented out

         ̈
        without specifics for the establishment intended interior 
	
        x
        with specifics for the establishment intended interior according to annex

         
	Annex	 
	Maintenance etc.	 ̈ The landlord shall perform and pay for the necessary maintenance for the spaces and from him the provided interior. 	
        Although the tenant is responsible for

         

        Changing of light bulbs  x
        according to annex
	Annex 1	 
	 ̈  The tenant will perform and pay for the required maintenance for the surface of floors, walls and ceiling along with interiors provided by the landlord.	
        The tenant’s maintenance obligations comprises beyond

         

        _____________________ ̈
        according to annex
	Annex	 
	 ̈ other distributing of maintenance responsibility, see annex	 
	If the tenant puts aside their maintenance responsibility according to the above and does not in a timely fashion make corrections following a written appeal the landlord has the right to fulfill the requirement at the tenant’s expense. 	 
	Care, operation and alterations	
        If not otherwise agreed upon the landlord will take care of
        care, operation and maintenance of public and common areas.

        x
        Other agreements regarding public and common areas

         

        The tenant may not without the landlord’s written consent
        perform any interior and/or installation or alterations that directly affect load bearing structural components or important components
        for the function of the property or installations such as electrical, water and ventilation.

        Installation such as sprinkler heads and devices for ventilation
        may not be built into the interior by the tenant so that the effect of those components worsens. The tenant will during any interior
        alterations make sure that the function of radiators and other heating elements are completely maintained.
	Annex 1	 
	 
	Lines for telephones and  computer communication	
         ̈
        Landlord                      ̈
        Tenant

        will pay for applicable running of lines for telephone and computer
        communication from the connection point the operator suggests to those places in the space that the tenant in conjunction with
        the landlord chooses.

        x
        Other distribution of responsibility for telephone and computer communication, see annex.
	 
	 	 	 	 	 
	 	 	 	 	 	 	 

 

    	 

    	 

    

  

	 	 
	
        Signs

        Awnings

        Windows

        Doors

        etc.
	
        After council with the landlord, the tenant owns any signage
        put up for the business provided that the landlord has not refused and that the tenant has the required permits from the relevant
        authorities. Other devices such as awnings and antennas may not be put up without the landlord’s permission. When vacating
        the tenant will restore the facade to an acceptable condition.

        During more extensive property maintenance, such as facade renovation,
        it is the responsibility of the tenant to at own expense and without reimbursement take down and put up any signage, awnings and
        antennas.

        The landlord does not commit to put up dispensers and display
        cases on the outer walls of the tenant’s rented spaces without the tenant’s approval as well as giving the tenant the
        option of putting up dispensers and display cases on the walls in question.

         ̈
        The tenant agrees to follow the attached sign program. 

         

        Annex 1

         

	Insurance	It is up to the landlord to sign and maintain applicable property insurance for the property at which the rented out spaces are located. The tenant is responsible for signing and maintaining business insurance for the business being conducted in the space. Both the landlord’s and the tenant’s insurance should cover damages caused by a third party. 
	External influences	
         ̈
        Landlord               x
        Tenant

         

        Is responsible for damages to the spaces windows, storefronts,
        signs as well as entry and other doors or ports that lead to or from the space. In all cases the responsibility also includes frames
        and casings.

	Locks	
         ̈
        Landlord               x
        Tenant

        will equip the spaces with those locks and alarm systems required
        by the tenant’s business insurance.

	
        Decrease of rent

        Agreed upon condition etc.

        Regular maintenance
	The tenant does not have a right for decreased rent during the time when the landlord is having work done to bring the space condition to the agreed upon state or other work that is especially mentioned in this contract with the attached annexes. 
	
         ̈
        Decrease of rent for obstacles or usufruct followed by the landlord allowing regular maintenance to be performed on the property
        in accordance with the rental law rules. 

         ̈
        The tenant does not have the right for decreased rent for obstacles or usufruct followed by the landlord allowing regular maintenance
        to be performed on the space or property in general. It does however fall on the landlord to give the tenant plenty of notice regarding
        the type of work to be done and the extent and when it will be performed. 

        x
        The parties have agreed regarding the right to have rent decreased when the landlord has regular maintenance performed to the space
        or the property which will be regulated by the attached special annex. 

         

        Annex 1

         

Property owners of Sweden form 12B.2 prepared 2008 in consultation
with SABO, Swedish Commerce and Business. Revised 2011.                                                                            Signature

Reprint not authorized.

 

    	 

    	 

    

  

	Klovern	
        Rental Contract

        for space
	
         

        Number: 7307-0018-01

 

	Undersigned has this day drawn up the following rental contract:	A checkmark in this box means that the text following it is valid

 

	Restoration after vacating	
        As soon as the contract has expired the tenant will, unless
        another agreement has been made, remove all their belongings and have restored the space to an acceptable condition.

        x
        Other agreement regarding the removal and restoration according to annex. 

        The parties are in agreement that on the last day of the rental
        relationship perform an inspection of the space together. If as a result of the tenant’s actions, taken with or without the
        landlord’s approval, the space contains material, that are not a part of an agreement with the landlord is responsible for,
        the tenant will remove the material or reimburse the landlord for these costs for disposal as well as any eventual trash tax, transportation
        and fees for landfill or similar.
	Annex 1
	Force majeure	The landlord absolves itself from responsibility to complete their part of the contact and responsibility for reimbursing damages if his commitments are not at all or to an abnormally high cost can be fulfilled by war or riots, due to stoppage of work, blockade, fire, explosion or intervention from official authorities that the landlord is not in control of and could not predict. 
	Security	
        The tenant should provide the landlord at the latest ___________
        with a deposit for their commitment according to this contract

         ̈
        Guarantee                               ̈
        Bank guarantee                            ̈
        other form of deposit

         

        ______________ ________________________ _____________________

        If the agreed upon deposit is not provided by the allotted time
        this contract is void, if the landlord so requires before the move in.
	Annex
	Personal information law	 ̈ Information for the tenant regarding treatment of personal information and written consent, see attached personal information clause. (Does not apply when the tenant is a legal person.)	Annex
	Special agreements	Special agreements	Annex 1
	Drawings	Annex 2
	Sanitation certificate for spaces and interior	Annex 3
	Sanitation certificate for equipment	Annex 4
	 	 
	 	 
	 	 
	Signature	
        This contract, which may not be written without specific consent,
        has been written in two identical examples, both parties have theirs.

        Previous contracts between the parties regarding this space
        ceases to be valid as of this contracts validation.

 

    	 

    	 

    

  

	 	
        City/date

        Upsala 05/29/2014
	
        City/date

        Uppsala 04/__/2014

	 	
        Landlord’s name:

        Klovern Afraim AB
	
        Tenant’s name:

        Oasmia Pharmaceutical AB

	 	Signature (company signer/representative)	
         ̈
        Company signer

        x
        Representative according to power of attorney
	Signature (company signer/representative)	
        x
        Company signer

         ̈
        Representative according to power of attorney

         

	 	
        Printed name

        Kicki Werdenberg/Henrik Lirdley
	
        Printed name

        Julian Aleksov

	
        Transference

         

        Signature

         

         

         

         

         

         

         

         

         

         

         

         

        Landlord approval
	The above rental contract is transferred as of ______________
	
        Departing tenant (name)

         
	Incoming tenant (name)	
        Id number/organization number

         

	Signature (departing tenant)	
         ̈
        Company signer

         ̈
        Representative according to power of attorney
	Signature (incoming tenant)	
         ̈
        Company signer

         ̈
        Representative according to power of attorney

         

	Printed name (departing tenant)	Printed name (incoming tenant)
	
        The landlord approves the transference

        City/date:
	Signature (company signer/representative)	
         ̈
        Company signer

         ̈
        Representative according to power of attorney

	 	Landlord name:	Printed name (landlord/company signer)

Property owners of Sweden form 12B.2 prepared 2008 in consultation
with SABO, Swedish Commerce and Business. Revised 2011.                                                                           Signature

Reprint not authorized.

 

    	 

    	 

    

  

Annex 1

Klovern

Rental contract number: 7307-0018-01

Landlord: Klovern Efraim AB, organization number: 556594-9855

Tenant: Oasmia Pharmaceutical AB, organization number: 556332-6676

 

Special agreements

 

		1.	Condition, size, extent and use

 

1.1. Space configuration and condition

The space and the adjoining rooms are rented in the current
condition.

 

1.2. Use of space

The space is being rented out for use as a cold room. It is
of extreme importance to the landlord that the space is only used for this purpose.

Only with the landlord’s written consent can the rented
space conduct other business or be used for something other than what is stated above.

 

1.3. Tenant’s business

Oasmia Pharmaceutical AB will conduct development, production,
research, marketing and sales in human and veterinary medicine and thereby a compatible business.

 

		1)	The tenant shall hand over a list of the chemicals that are being used/expected to be used in the lab during 2013; the chemical
names and maximum expected amount. The list will be updated yearly (every 12 ± 1 month from the contract date). It is the
responsibility of the tenant to immediately inform Klovern if during the year another chemical was taken in which requires special
permits from chemical inspection for use in the lab. A copy of the permit will be provided to Klovern.

		2)	Transportation of chemicals on the grounds. Chemicals (reagents and solvents) will be accepted by the tenant’s personnel
at a designated location (for example goods receipt F3B-0) and may not be left unattended. The chemicals will be transported to
the tenant’s space without breaking the seal. The final product will be handled and packaged in the tenant’s spaces
in special containers and left with the shipper by the tenant’s personnel. Products or other chemicals may not be left unattended
in public areas.

		3)	All storage and free handling of raw material, reagents, solvents and final products will occur in the tenant’s spaces
and in a manner that is safe for the surroundings (for example fume hoods or ventilated chemical cabinets). During organic synthesis
work appropriate protective clothing will be worn. It is the responsibility of the tenant’s personnel to change clothes and
take other necessary sanitation measures before venturing out into public places. Clothing routine should exist and be adapted
by the tenant’s personnel who perform laboratory work.

 

    	 

    	 

    

  

		4)	For handling of hazardous waste the tenant shall sign their own contract with the entrepreneur that Klovern has hired for the
area. (Ragnells).

 

1.4 Interior

The tenant can begin the interior work on the space as soon
as the tenant has access to the space. The landlord will maintain existing wooden shelves. All reorganization and complementing
of the interior is carried out by and paid for by the tenant.

 

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Annex 1

1.5 . Lines for telephone/computer communication

If the tenant signs a service agreement with Klovern for the
maintenance of internet connections the landlord will be responsible for the necessary running of lines for computer communication
to the space. The tenant is responsible for the necessary running of lines for computer communication inside the space and between
the different rooms the tenant is renting.

 

1.6. Operation

The properties base installations regarding ventilation and
eventually air conditioning, that the landlord maintains is normally being run between 08.00 and 17.00 on weekdays. For the cold
room there is continous operation.

When the above is turned off during regular office hours due
to maintenance and rebuilding work the landlord will give the tenant plenty of notice.

 

1.7. Maintenance

The landlord is responsible for exterior maintenance of the
building as well as maintenance of the properties base installations related to heating, air conditioning, electricity, ventilation
and sanitation.

 

1.8. Environment

The tenant will besides following the rulings in the Environmental
Code (1998:808) inform the landlord if they are operating any health and environmentally hazardous business as well as observations
concerning the property that could be of importance for the environment and health.

The tenant will during the rental period follow the instructions
that the landlord has left regarding the handling of waste, hazardous waste and chemical products. The tenant will consult with
the landlord regarding choice of material, technical equipment for permanent installation, rebuilding etc. which occurs under the
tenant’s care as well as provide the landlord with the necessary environmental information.

The tenant is responsible for the refrigeration facilities that
the tenant uses in their business meeting the requirements such as the environmental code and with the support of the environmental
code imposed issued regulations. this means among other things that the tenant is responsible for these equipments and see to it
that they follow the rules for reporting, yearly control, and reporting to authorities. The tenant is also responsible for maintenance,
eventual substitution, new installation of refrigeration facilities etc and reporting it.

The tenant may not store products or material in the space that
with careless handling could result in injury to person or property, or that could lead to an increased insurance premium for the
property owner’s property insurance or have significant impact on the validity of the insurance coverage or extent. The tenant
is responsible for all costs that could arise for the landlord through the tenant’s failure to follow the demands that follow
the environmental code’s decisions or this contract.

 

    	 

    	 

    

  

2. Rent and additions to rent

2.1. Rent and index

The base rent is 85,150 Sek per year. The base rent will
be regulated yearly on January 1 when the rent will be increased by 4% each year with the first increase occurring new years 20014/2015.

 

2.2. Process media

The tenant will in addition to the base rent pay reimbursement
for the space’s process media, for air conditioning it is an added cost of 10,150 Sek per year.

 

With an eventual alarm system installment there will be an additional
cost according to an agreement.

 

If the tenant installs instruments/equipment that requires extra
electrical output or other media, this addition will be paid.

 

The cost will be indexed with the same index change as the base
rent. The first change will occur at new years 2014/2015.

 

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2.3. Value added tax on the rent

The tenant runs a VAT responsible business in the space or a
value added tax connected business. The landlord is tax responsible for VAT for the renting out of the space and the tenant will
in addition to the rent and additions pay the VAT at every instance.

If the tenant ceased to operate a VAT responsible business in
the space or if the landlord becomes repayment responsible as a result of the tenant’s independent actions, according to
the law of VAT the tenant will pay the landlord the amount that the landlord, according to VAT law, is responsible for paying to
the government. The tenant will also fully reimburse the landlord for interest, penalty fees as well as the increasing VAT on operating
costs resulting from the ceasing of the VAT responsible business in the space.

 

2.4. Packaging and trash pickup

It is the responsibility of the tenant to answer for and pay
for collection, sorting, storage and transportation of the tenants recurring trash and other trash including hazardous waste according
to point 1.3 above.

 

3. Other agreements

3.1. Move in day 

The rental period is counted and rent begins as of the move
in day when the tenant has the right to enter the space. Deviations from the given move in day can occur. The tenant understands
that this will not cause consequences other than that the move in day and thereby the rent payment be moved to a time after the
stated day.

The tenant commits to accept the eventual provisional facilities
necessary adjustment work for ventilation etc which is normal in relation to a move in and even after the space is being used.
The tenant does not have the right to have rent decreased for the obstacles or usufruct resulting from such work.

 

3.2 Right to decrease of rent

The tenant does not have the right to fave rent decreased due
to obstacles or usufruct as a result of the landlord allowing regular maintenance to be performed or normal rebuilding of the rented
spaces or the property in general. It is however the responsibility of the landlord to give the tenant plenty of notice regarding
the type of work to be performed as well as when and where it will occur. The landlord will ensure minimal disturbances to the
tenant when this work is being performed.

Temporary stoppage in the provision of water, sewage, heat,
ventilation or similar does not give the right for decreased rent or payment of damages.

 

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Annex 1

3.3. Rebuilding etc during the rental period 

If the tenant wants to make changes to the space during the
rental period is required the landlord has had the opportunity to vet and give written approval for the drawings and the entrepreneur
that the tenant has hired. If the landlord gives his approval it is also the tenant’s responsibility to make sure building
permits and other necessary permits prior to the commencement of the rebuilding work as well as making sure the work is done with
union workers and in accordance with the laws, norms and regulations. The tenant will give the landlord plenty of notice before
the work has begun as well as informing the other tenants within the property of the timetable for the work and its extent.

 

The tenant will answer for any eventual claims for compensation
from the other tenants because of the measures taken in the space.

 

The tenant will answer for all the costs in connection to the
measures. The tenant is responsible for insuring that the actions do not damage the building and will be responsible for the increased
operating costs that may follow as a result of the tenant’s rebuilding.

 

In the event that the mention work affects the space’s
plan and/or the properties technical facilities the tenant will be responsible for the costs of changes to the properties related
documents.

It is the tenant’s responsibility to call for the final
inspection when the rebuilding and interior work inside the space performed by the tenant are finished. The tenant is responsible
for the approved final inspection as well as making sure the inspector is approved by the landlord beforehand. The landlord will
be called in for the final inspection. The tenant will make sure that the landlord obtains the protocol from the the approved final
inspection.

 

3.4. Fire protection

According to the law regarding protection against accidents
the following as applicable:

The owner of the property is responsible for providing a written
description of the fire protection to the community at the property or facility. The tenant is responsible for providing the landlord
with the information needed for him to complete his description responsibility.

 

The landlord and tenant will at the behest of the other provide
the information required for him to complete their responsibility according to the law.

 

During rebuilding or changes to the space which carries with
it changes to the fire protection the tenant is to inform the tenant in writing so the he can, at the expense of the tenant, revise
the properties fire documentation.

 

The tenant is responsible for maintenance of the space’s
escape routes, signage, and fire doors as well as that all the fire cell boundaries and sprinkler effects aren’t broken.
The tenant is responsible for the fire extinguishers located in the space. Whichever party is responsible for breaking through
the fire cell boundaries with a pipe or other things is responsible to make sure the fire seal is performed.

 

    	 

    	 

    

  

3.5. Transference and subletting of the tenancy 

The tenant is not allowed to transfer the tenancy, sublet the
entire space or part of the space or let anyone else operate a business in the space without the landlord's written consent ot
with the permission of the renters association.

If approval is given then special additions to the rental contract
will be revised with the conditions among other things that the tenant applies for voluntary VAT registration for subletters.

 

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3.6. Responsibility for damages to the property 

The tenant is responsible for damages for all the windows, doors,
addict hatches, flagpoles, satellite dishes, antennas and the likes.

 

In addition to what results from chapter 12 chapter 24 §
Land Code the tenant is responsible for all damages that occur within the property, through carelessness or negligence by the tenant’s
personnel, someone visiting him, customers, someone else he has let into the space, the one who transports goods to the tenant
or someone within the property who performs work for the tenant.

 

3.7. Pawning

The tenant does not have the right to pawn or transfer the space
collateral or any reason.

 

3.8 Actions when vacating

The the rental relationship is completed the tenant is to hand
over all passcards and keys that belong to the property even if these were obtained by the tenant. If keys have been lost and this
leads to the properties perimeter locks needing to be changed, the tenant is responsible for the costs of the exchange of the properties
perimeter. The tenant will at own cost bring all his properties and installations that belong to him. The space should be well
cleaned and the tenant shall, unless otherwise agreed upon, restore the space to the landlord’s acceptable condition. The
tenant will also repair eventual damage to the building that the landlord should not have to pay for.

Otherwise the landlord has the right to, at the tenant’s
expense, have the space cleaned and restored to the landlord’s acceptable condition. When vacating the tenant shall hand
over signed sanitation certificates in accordance with annex 3 and 4.

 

3.9. Registration proof

The tenant will notify the landlord regarding all changes to
the company that include:

		-	Change of director

		-	Name change

		-	Change of authorized signatory

 

The notification shall be in writing with the tenant sending
a new general proof/registration proof or alternatively the change proof to the landlord where the changes have occurred.

 

3.10. Termination rights for the tenant

The tenant has the right to a 6 month rolling
termination notice.

 

3.11. Validity

Readying of the space for the tenants purpose can begin as soon
as the contract is signed by both parties.

 

    	 

    	 

    

  

3.12. Changes to contract conditions

All changes and additions to this rental contract will be in
writing and signed by both parties in order to be valid.

 

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Annex 1

3.13. Priority between the contract documents

If there are contradicting information in this contract then
the following priority order will be valid between the documents:

	1.	Special agreements Annex 1	This annex
	2.	Main contract	SSF’s form 12 B
	3.	Annex 2	Drawings
	4.	Annex 3	Sanitation certificate for spaces and interiors
	5.	Annex 4	Sanitation certificate for equipment

 

	Uppsala 05/29/2014	 	Uppsala 04/30/2014
	Klovern Efraim AB	 	Oasmia Pharmaceutical AB
	 	 	 
	 	 	 
	Kicki Werdenberg/Henrik Lirdley	 	 

 

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	Page 6 (6)	Signature landlord/tenant

 

    	 

    	 

    

  

Annex 2

Contract: 7307-0018-01

Area cold room: ca 29 square meters

Common areas: ca 19 square meters

 

 

    	 

    	 

    

  

Annex for environmental standards for handling of chemicals

Annex 4 page 1 (1)

 

Sanitation certificate for equipment

 

Apparatus or equipment that will be repaired or disposed of
must be sanitized first. All apparatuses/equipment that is dropped off for repair or disposal will be accompanied by a sanitation
certificate.

 

	Type of apparatus/equipment	Equipment supervisor
	Inventory number	Department
	Serial number	Zip code	
        Telephone

         

 

This equipment has been contaminated by some of the following:

 

	Contagious material	 ̈ Yes	 ̈ No
	 	 	 
	Hazardous chemicals or products	 ̈ Yes	 ̈ No

 

Method used for decontamination:

 

	Parts if the equipment could still be contaminated	 ̈ Yes	 ̈ No

 

	The equipment will be	 ̈ Repaired
	 	 
	 	 ̈ Disposed
	 	 
	 	 ̈ Sold
	 	 
	 	 ̈ Stored

 

	Date	Equipment supervisor, signature

 

    	 

    	 

    

  

Instructions for workshop, transport and other service personnel

 

Equipment that is not accompanied by a sanitation certificate
should not be handled. Contact supervisor.

 

This sanitation certificate does not apply to routine transport
of dishes, waste etc.

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