Document:

Exhibit

Exhibit 10.2

SUBLEASE TERMINATION AGREEMENT
THIS SUBLEASE TERMINATION AGREEMENT (“Agreement”) is made and entered into as of May 19, 2017 by and between MANUS BIOSYNTHESIS, INC., a Delaware company (“Sublandlord”) and JOUNCE THERAPEUTICS, INC., a Delaware corporation (“Subtenant”).  Sublandlord and Subtenant are each individually referred to herein as a “Party” and are collectively referred to as the “Parties”.
RECITALS
A.    Sublandlord and Subtenant executed that certain Sublease dated May 11, 2015 (the “Sublease”) for premises consisting of approximately 11,980 rentable square feet (out of a total of 23,121 rentable square feet leased to Subtenant), designated as “Suite 310” on the third floor of the building commonly known at 1030 Massachusetts Avenue, Cambridge, Massachusetts (the “Subleased Premises”).   All defined terms in the Sublease are incorporated herein by reference.
B.    CAMBRIDGE 1030 MASS AVE, LLC (as successor in interest to HCP/LFREP Ventures I, LLC) (“Master Landlord”) and Sublandlord have entered into a separate agreement to terminate the Lease between Sublandlord and Master Landlord as to the Subleased Premises; and  
C.    The term of the Sublease is scheduled to expire on March 31, 2018, but Sublandlord and Subtenant desire to terminate the Sublease on May 31, 2017 upon the terms and conditions set forth below.    
AGREEMENTS
NOW, THEREFORE, in consideration of good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the Parties hereto agree as follows:
1.Sublease Termination Date.  The “Sublease Termination Date” shall be May 31, 2017, or if later, the date Subtenant surrenders possession of the Subleased Premises to Sublandlord.
2.Sublease Termination.  Upon the Sublease Termination Date (defined above), the Sublease shall be fully terminated, the Subleased Premises surrendered by Subtenant and the Parties relieved of all liabilities and obligations under the Sublease, except with respect to any claims or duties that accrued prior to termination and such liabilities and obligations as are intended to survive expiration of the Sublease.  
3.Surrender of Premises.  On or before May 31, 2017, Subtenant will surrender possession of the Subleased Premises to Sublandlord in accordance with the terms of the Sublease and the terms of the Surrender Agreement between Master Landlord and Subtenant.
4.Mutual Release of Liability.  In consideration for the termination of the Sublease, upon the Sublease Termination Date, Subtenant hereby forever relieves, releases and discharges Sublandlord and its directors, officers, members, shareholders, employees, representatives, agents, affiliates, parents, subsidiaries, successors and assigns from any and all claims relating to the 

1

Sublease or the Subleased Premises, provided the foregoing release shall not release, discharge or relieve Sublandlord from its obligation to return the portion of the Security Deposit required to be returned to Subtenant in accordance with Paragraph 5 below.  In consideration for the termination of the Sublease, upon the Sublease Termination Date, Sublandlord hereby forever relieves, releases and discharges Subtenant and its directors, officers, members, shareholders, employees, representatives, agents, affiliates, parents, subsidiaries, successor, and assigns from any and all claims relating to the Sublease or the Subleased Premises, provided the foregoing release shall not release, discharge or relieve Subtenant from any claims or duties that accrued prior to termination or any liabilities or obligations intended to survive expiration of the Sublease.  
Each Party fully understands that, among other things, if the facts with respect to this Agreement and the mutual releases set forth herein are found hereafter to be other than or different from the facts they now believe to be true, such Party expressly accepts and assumes the risk of such possible differences in facts regardless of any possible reason for such possible differences in facts.  Each Party agrees that the releases shall remain in effect and are not subject to termination or rescission because of any such asserted or actual differences in facts.
5.Security Deposit.  Provided Subtenant has performed all obligations required under both the Sublease and this Agreement, not later than 60 days after the Sublease Termination Date, Sublandlord shall return to Subtenant the amount of $58,077.46 constituting the portion of the Security Deposit required to be returned to Subtenant as set forth in Paragraph 6 of the Sublease.  
6.Authority; Additional Subtenant Representations.  Each party warrants and represents to the other party that it is authorized to enter into this Agreement and that the individuals executing this Agreement have the authority to do so.  Subtenant warrants and represents to Sublandlord that it has not subleased or assigned, or purported to sublease or assign, any interest in the Subleased Premises; that it has made no alterations or improvements to the Subleased Premises other than the Initial Improvements defined in the Sublease; that it knows of no acts or omissions by Sublandlord or Master Landlord with respect to the Subleased Premises that could be deemed a default by either party under the Sublease or Master Lease; and that as of the date hereof, it is in compliance with and not in default under the Sublease.
7.Miscellaneous.  This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Massachusetts.  If a Party hereto brings an action or legal proceeding against the other Party arising out of or relating to any alleged breach or failure of any provision contained in this Agreement, then the prevailing Party shall be entitled to and shall be permitted to recover from the other Party all of its costs and expenses incurred with respect thereto, including, without limitation, court costs and attorneys’ fees.  This Agreement shall be binding on and inure to the benefit of the Parties and their successors. This Agreement may be signed in counterparts and a signed copy transmitted by email or facsimile shall be binding upon the signatory thereto.

2

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be signed, effective as of the date and year first above written.
	
					
	SUBLANDLORD:
	 
	SUBTENANT:

	 
	 
	 
	 
	 

	MANUS BIOSYNTHESIS, INC., a Delaware company
	 
	JOUNCE THERAPEUTICS, INC., a Delaware corporation

	 
	 
	 
	 
	 

	By:
	/s/ Ajikumar Parayil
	 
	By:
	/s/ Richard Murray

	 
	 
	 
	 
	 

	Name:
	Ajikumar Parayil
	 
	Name:
	Richard Murray

	 
	 
	 
	 
	 

	Title:
	President and CEO
	 
	Title:
	President and CEO

3Exhibit 10.1

 

MANAGEMENT SERVICES AGREEMENT

 

This Management Agreement
(“Agreement”) is made and entered into as of this 1st day of July, 2011, by and between Pulmonary Critical Care Management,
Inc., a California corporation (“Manager”), and Los Angeles Lung Center, a California medical corporation (“Group”).

 

Recitals:

 

A.           Manager
is a business engaged in the business of managing physician practices to enhance the quality and efficiency of the medical
practices it manages.

 

B.           Group
is a business that provides pulmonary and related critical care internal medicine and hospitalist services to inpatients at
hospitals staffed by Group and also at its medical offices (“Group’s Practice”).

 

C.           Group
desires retain Manager to provide assistance to Group in managing and administering all non-medical aspects of Group’s
Practice in a manner and to the extent permitted by law.

 

D.           Group
and Manager recognize that Group has sole responsibility for providing medical services to Group’s patients, and Manager
shall provide assistance to Group in managing and administering all non-medical functions of Group’s Practice.

 

THEREFORE, in consideration
of the mutual covenants and agreements contained herein, the parties agree as follows:

 

1.             Management Services.
During the Term (as defined herein) of this Agreement, Group engages Manager to assist Group in providing the following management
and administrative services required by Group for the operation of the Group’s Practice:

 

(a)          Business
Matters. Supervising and coordinating all day-to-day, non-medical business aspects of Group’s Practice.

 

(b)          Supplies
and Equipment. Ordering and purchasing, after consultation with Group, all medical and office supplies and equipment required
by Group in connection with the operation of Group’s Practice. All such supplies shall be of a quality acceptable to Group.

 

(c)          Bookkeeping.
Providing all bookkeeping and accounting services, including, without limitation, maintenance, custody and supervision of Group’s
business records, papers and documents, ledgers, journals and reports, and the preparation, distribution and recording of all bills
and statements for professional services rendered by Group in the course of Group’s Practice.

 

    	 	-1-	 

     

    

 

(d)          Management
& Clinical Information Systems. Upon request and in consultation with Group, the planning, negotiation with third party
vendors, selection, installation and operation of appropriate hardware and software (including but not limited to any database
technology) to provide Group with management and clinical information systems support. All clinical and financial data pertaining
to Group’s Practice shall be regularly backed up on electronic media, with additional hard copy back up when in the judgment of
Manager, after consultation with Group, it is prudent to do so, and copies of such back up data in both electronic media and hard
copy shall be provided to Group from time to time upon request of Group. Upon termination of this Agreement for any reason, all
such data and back up data shall be promptly delivered to Group to ensure continuity of Group’s financial and clinical operations.
All such services shall comply, as appropriate, with the Health Insurance Portability and Accountability Act of 1996, and the regulations
promulgated thereto (“HIPAA”).

 

(e)          Billing &
Collection. Subject to Section 3(d) below, providing all billing and collection services for Group’s Practice. All billings
shall be accurate and in accord with appropriate and up-to-date payor coding requirements. Manager shall diligently pursue collections
of Group and shall follow up billings in a timely fashion to ensure that payments are received to the greatest extent possible
in a commercially reasonable time, and that aged accounts receivable are maintained within commercially reasonable limits, for
medical practices similar to that of Group.

 

(i)          Attorney-ln-Fact:
Assignment and Limitations. In performing its billing and collection duties hereunder, Manager shall act as Group’s agent
and shall indicate it is billing in the name of Group. Group hereby appoints Manager, for the Term hereof, as its
true and lawful attorney-in-fact, with full power of assignment and substitution, to bill patients or third party payors
on Group’s behalf; collect accounts receivable arising out of billings, and receive payments on behalf of
Group. Notwithstanding the foregoing, no assignment shall be made to Manager of any sums or rights to payment, the
assignment of which is prohibited by law (e.g., revenues from patients covered by the Medicare program). In lieu of
assignment of such payments, unless otherwise prohibited by law, Group shall remit to Manager the amount of any such
sums within five (5) business days of Group’s receipt thereof. Group and Manager shall cooperate in the establishment of
a separate account or accounts to track all such amounts, in connection with its billing activities, Manager may take
possession of, and endorse in the name of Group, any and all notes, drafts and other instruments received by way of
payment. Manager shall assist Group in negotiating or otherwise communicating with any patient or third party payor
regarding claims processing and any disputes arising therefrom.

 

(ii)         Bank
Accounts. Manager is hereby granted a general power of attorney with respect to the bank accounts of Group and shall have
full access to and signatory rights with Group, over such bank accounts. Manager shall have full power and authority
to deposit funds into, and withdraw funds from, all such accounts in accordance with the terms of this Agreement;
provided, however, that Group may impose such limitations upon Manager’s signatory rights over such accounts as
Group shall determine from time to time, in Group’s sole discretion. Manager shall have full authority to receive and
transact on behalf of Group all cash, checks, drafts, notes and other instruments tendered as payment for professional
services rendered by Group, except as may be precluded by law.

 

    	 	-2-	 

     

    

 

 

(f)           UR/QA.
Assisting Group in the establishment and implementation of a program or programs of utilization review and quality assurance for
the activities of Group, and in the formulation and implementation of related policies, procedures and protocols including, but
not limited to both a monitoring function and the development and implementation of performance parameters, evidence based medicine
protocols, and outcomes measurements.

 

(g)          Insurance.
Negotiating and securing appropriate insurance coverage on behalf of Group and in connection with Group’s Practice, after consultation
with Group, including coverage for malpractice, comprehensive general liability, fire and premises liability, worker’s compensation,
business interruption, and such other coverage as may be agreed from time to time between Manager and Group.

 

(h)          Worker’s
Compensation, Etc. Preparing and filing all forms, reports, and returns required by law in connection with unemployment
insurance, workers’ compensation insurance, disability benefits, social security, and other similar laws now in
effect or hereafter imposed.

 

(i)            Premises.
Managing the proper maintenance and physical operation of Group’s medical practice premises (“Premises”). Group’s
medical office lease(s) are listed on Exhibit A, which is attached hereto and made a part hereof.

 

(j)           Clerical
Support. Providing reception, secretarial, human resources, transcription and clerical personnel and services, including management
of the maintenance of medical records. All Manager personnel shall be acceptable to Group in its reasonable discretion and shall
be appropriately trained and supervised for the duties assigned to them in connection with Group’s Practice.

 

(k)           Advertising.
Marketing of physician services to hospitals, and otherwise coordinating advertising, marketing and similar activities conducted
on behalf of Group, after consultation with Group.

 

(I)            Capital.
Consulting with Group regarding capital and financial needs, including seeking capital, undertaking the efforts to raise, and
providing access to, capital for any lawful purpose, including without limitation working capital, acquiring other physician practices
and acquiring other business assets of the practice.

 

(m)         Contracting.
Manager shall assist Group in setting the parameters under which Group will enter into, and in negotiating, contractual relations
with hospitals and third party payors.

 

(n)          Other
Services. Providing such other services as may be agreed between the parties from time to time which may include, but not
be limited to, Physician recruitment services, contracting services (with hospitals and payors), physicians scheduling, payroll
services for the physicians (as well as management company personnel), case management for patients

 

    	 	-3-	 

     

    

 

2.            Performance
of Manager’s Services.

 

(a)           Manager’s
Availability. Manager shall devote its best efforts to carrying out the terms of this Agreement and shall devote sufficient
time and resources, as determined by Manager after consultation with Group, as is reasonably required to discharge its duties under
this Agreement.

 

(b)           Manager’s
Authority. Manager shall perform all additional and ancillary services, not otherwise described in this Agreement, that may
in Manager’s judgment, after consultation and prior approval with Group, be reasonable and appropriate in order to meet Manager’s
obligations under this Agreement. Subject to prior approval of Group, Manager may subcontract with other persons or entities, including
entities related to Manager by common ownership or control, to perform all or any part of the services required of Manager by this
Agreement. For purposes of this Agreement, subject to the provisions provided in Section 1(e)(ii), Manager shall have signatory
rights on all bank accounts used by Group in the conduct of Group’s Practice, and Manager shall have the right to make deposits
to and payments from such accounts as it deems appropriate in furtherance of its obligations hereunder, in accordance with Paragraph
1(e)(ii) (“Bank Accounts”).

 

(c)           Manager’s
Responsibility. In all matters under this Agreement, Manager shall abide by all applicable state and federal laws and regulations,
and applicable policies and procedures of Group.

 

(d)           Reports
to Group. On or before the twenty-fifth (25th) day of the first month of each calendar quarter, Manager shall provide
Group with an accounting of all billings and collections on behalf of Group, and all deposits to the account(s) of Group and payments
from the account(s) of Group, effected by Manager for the benefit of Group during the immediately preceding calendar quarter. All
reports shall be in such form as may be agreed between Manager and Group from time to time.

 

3.            Obligations
of Group.

 

(a)           Designation
of Agent. Group hereby designates and appoints Manager to act as Group’s non-physician manager and to provide the services
to Group in connection with Group’s Practice as described in this Agreement. Group hereby designates Babak Bob Abrishami, D.O.,
as its designated representative who is duly authorized by the Group to bind the Group and act on behalf of the Group in all respects
pertaining to this Agreement.

 

(b)          Access
to Information. Group acknowledges and agrees that all information and records concerning Group and Group’s performance
of services that may be obtained by Manager during the term of this Agreement may be used by Manager for all purposes
necessary or convenient to Manager’s obligations under this Agreement.

 

    	 	-4-	 

     

    

 

(c)          Selection
of Group Personnel. Group shall retain responsibility for the selection, hiring and termination of physicians, allied health
professionals and medical assistants working in clinical capacities for the Group. Group, in consultation with Manager, shall be
solely responsible for determining the compensation of all licensed medical professionals.

 

(d)          Coding
and Billing Procedures. Group shall retain responsibility for decisions relating to coding and billing procedure for patient
care services.

 

4.            Confidentiality.

 

(a)          Trade Secrets.
All proceedings, files, records and related information of Group and of Manager are confidential and proprietary information of
Group and Manager, respectively, and each party shall keep and maintain as strictly confidential all such information to which
it may have access by virtue of this Agreement. Neither party shall voluntarily disclose all or any part of such confidential information,
orally or in writing, except as expressly required by law or pursuant to a written authorization from the other party. Each party
shall include the provisions of this Paragraph in any written contract with any employed or contracted persons that may be engaged
by such party to render services pursuant to this Agreement, and shall take such other steps as may be reasonable under the circumstances
to ensure that its respective personnel do not disclose any confidential information in violation of this provision. This covenant
shall survive the termination of this Agreement. Each party agrees that upon termination of this Agreement for any reason, it shall
promptly return to the other party the originals and all copies of any and all trade secrets, confidential or proprietary information,
it may then possess, including without limitation any such information stored on computer media.

 

(b)         Medical
Information & Patient Records. Each party shall maintain the confidentiality of all patient records, charts and other
patient identifying information, and shall comply with all applicable State and Federal laws governing the confidentiality of
medical records and related information. Manager will serve as a “Business Associate” (as that term is defined under
HIPAA) of Group, Accordingly, and in compliance with the requirements HIPAA, Manager shall, prior to the commencement of services
hereunder, enter into a mutually acceptable form of Business Associate Agreement.

 

5.            Independent
Contractors.

 

In the performance
of services under this Agreement, it is mutually understood and agreed that Manager is at all times acting and performing as
an independent contractor rendering administrative services to Group. Neither party shall have any claim against the other
under this Agreement or otherwise for Workers’ Compensation, unemployment compensation, vacation pay, sick leave,
retirement benefits, Social Security benefits, disability insurance benefits, unemployment insurance benefits, or any other
benefits.

 

    	 	-5-	 

     

    

 

6.             Staffing
of Manager and Group.

 

(a)          Non-physician
Personnel. Manager shall be responsible for the payment to all persons employed or retained by Manager of all compensation,
including reasonable base salary, fringe benefits, bonuses, health and disability insurance, workers’ compensation insurance and
any other benefits that Manager may make available to its employees or contractors.

 

(b)          Licensed
Professional Personnel. Group shall employ or contract with all physicians and other licensed professional personnel that Group,
after consultation with Manager, deems to be required for the conduct of the Group’s Practice. All such personnel shall be employees
or contractors of Group, and Group shall be responsible for the payment to all such persons of all compensation, including reasonable
base salary, fringe benefits, bonuses, health and disability insurance, workers’ compensation insurance and any other benefits
which Group may make available to Group’s employees or contractors; provided, however, that Manager shall have management responsibility
over the non-medical aspects associated with Group’s employment or contracting of such personnel.

 

7.             Term
and Termination.

 

(a)          Term. This
Agreement shall commence on the Effective Date and shall continue in full force and effect for a term of twenty (20) years (the
“Term”) until terminated as provided in this Agreement.

 

(c)           No Termination
without Cause. This Agreement may be terminated only for cause as specified in Subparagraph (c) below.

 

(c)          By Group.
Cause for termination by Group shall be limited to the following: (i) failure of any representation or warranty made by Manager
in this Agreement to be true at the date of this Agreement and to remain true throughout the Term hereof, which failure has a material
adverse effect upon Group; (ii) material failure by Manager to duly observe and perform the covenants and agreements undertaken
by Manager herein; (iii) misrepresentation of material fact, or fraud, by Manager in the discharge of its obligations under this
Agreement; (iv) if Manager shall dissolve, shall be adjudicated insolvent or bankrupt, or shall make a general assignment for the
benefit of creditors, or shall consent to or authorize the filing of a voluntary petition in bankruptcy, which petition shall remain
undismissed for a period of sixty (60) days, or the filing against Manager of any proceeding in involuntary bankruptcy, which proceeding
shall remain undismissed for a period of sixty (60) days.

 

    	 	-6-	 

     

    

 

(d)          By
Manager. Cause for termination by Manager shall be limited to the following: (i) failure of any representation or warranty
made by Group in this Agreement to be true at the date of this Agreement and to remain true throughout the Term hereof, which failure
has a material adverse effect upon Manager; (ii) misrepresentation of material fact, or fraud, by Group in the discharge of Group’s
obligations under this Agreement; or (iii) if Group shall be adjudicated insolvent or bankrupt, or shall make a general assignment
for the benefit of creditors, or shall consent to or authorize the filing of a voluntary petition in bankruptcy, which petition
shall remain undismissed for a period of sixty (60) days, or the filing against Group of any proceeding in involuntary bankruptcy,
which proceeding shall remain undismissed for a period of sixty (60) days.

 

(e)          Effect
of Termination. Termination of this Agreement shall not discharge either party from any obligation which may have arisen and
which remains to be performed upon the date of termination, including, but not limited to, the obligation to compensate Manager
in accordance with Section 8 (Management Fee). Upon termination of this Agreement, Manager shall promptly deliver to Group all
clinical and financial data maintained by Manager for Group’s benefit. Manager shall make diligent efforts to collect receivables
arising from services of Group prior to the date of termination and shall remit to Group in a timely fashion the allocable portion
of all such collections. Similarly, following termination, all receivables that Group may directly collect arising from services
of Group prior to the date of termination shall be allocated as provided herein, and Group shall remit to Manager in a timely fashion
the allocable portion of Group’s collections of the same.

 

8.             Management
Fee.

 

(a)          Fee.
In consideration of the management services to be rendered by Manager hereunder, Group shall pay Manager, each month, a percentage
of Group’s gross revenue that Group receives for the performance of medical services by Group. This percentage will be amended
or modified each month, according to medical practice budgets as agreed between Manager and Group.

 

(b)          Payment
of Fee. On or before the twentieth (20th) day of the month following each month, Manager may deduct and pay to itself, from
any account(s) of Group managed by Manager, all amounts due and owing to Manager as management fees for the immediately preceding
month.

 

9.             Rights
of Entry and Inspection.

 

(a)          By
Manager. Manager and its duly authorized representatives shall have the right at all reasonable times to enter upon Group’s
Premises for the purposes of carrying out the duties of Manager hereunder, and for inspection and verification of Group’s
books and records pertaining to Group’s Practice; provided, however, that any such entry by Manager shall not unreasonably
interfere with the conduct of Group’s Practice.

 

    	 	-7-	 

     

    

 

(b)          By
Group. Group and its duly authorized representatives shall have the right at all reasonable times to enter upon Manager’s
premises for the purposes of carrying out the duties of Group hereunder, and for inspection and verification of Manager’s
books and records pertaining to Group’s Practice; provided, however, that any such entry by Group shall not unreasonably
interfere with the conduct of Manager’s business.

 

10.           Group’s
Representations and Warranties.

 

(a)          Properly
Constituted. Group is a professional corporation, duly organized, existing in good standing under the laws of the State of
California, has the corporate power and authority to own its property and to carry on Group’s business as it is now being conducted,
and to enter into and perform Group’s obligations under this Agreement.

 

(b)          No
Conflicts. The execution, delivery and performance of this Agreement will not contravene or conflict with any agreements, indentures
or contracts to which Group is a party or by which it is bound.

 

(c)          Licenses
and Permits. Group has in full force and effect all licenses, permits and certificates required to operate Group’s Practice
as it is being operated as of the date of this Agreement. Group shall promptly notify Manager should any of Group’s shareholders
become ineligible to practice medicine in the State of California. Group shall not permit any persons who have become ineligible
to practice medicine in California to retain shares of Group beyond such time periods as may be permitted by law.

 

(d)          Consents.
Group has taken all appropriate corporate action and has obtained all necessary approvals and consents that are necessary or convenient
to enable Group to enter into this Agreement.

 

11.           Manager’s
Representations and Warranties.

 

(a)          Properly
Constituted. Manager is a corporation duly organized, existing and in good standing under the laws of the State of Delaware,
has the corporate power and authority to own its property and to carry on its business as it is now being conducted, and to enter
into and perform its obligations under this Agreement.

 

(b)          No
Conflicts. The execution, delivery and performance of this Agreement will not contravene or conflict with any agreements, indentures
or contracts to which Manager is a party or by which it is bound.

 

(c)          Licenses
and Permits. Manager has in full force and effect all licenses, permits and certificates required to operate its business as
it is being operated as of the date of this Agreement.

 

    	 	-8-	 

     

    

 

(d) Consents. Manager
has taken all appropriate corporate action and has obtained all necessary approvals and consents that are necessary or convenient
to enable Manager to enter into this Agreement.

 

12.           Insurance
and Indemnity.

 

(a)          Professional
Liability. Group shall at all times during the term of the Agreement procure and maintain, and cause all licensed health care
personnel associated with Group’s medical practice to similarly procure and maintain, professional liability insurance with minimum
coverage limits of One Million Dollars ($1,000,000) per occurrence and Three Million Dollars ($3,000,000) annual aggregate, and
in such form and substance, and underwritten by such recognized companies, authorized to do business in California, as Manager
may from time to time reasonably require, and shall provide copies of all such policies and renewals thereof to Manager upon request.

 

(b)          Indemnity.
To the extent permissible under each party’s respective policies of insurance, each party shall indemnify and hold harmless the
other party, and its shareholders, directors, officers, employees and agents, from and against all damages, costs, expenses, liabilities,
claims, demands, and judgments of whatever kind or nature, including reasonable attorneys’ fees and costs, for which either party
might liable, in whole or in part, arising out of or related to the acts and/or omissions of the indemnifying party and its shareholders,
directors, officers employees and agents.

 

13.           General
Provisions.

 

(a)          Assignment.
Neither party shall assign any of its rights nor delegate any of its duties or obligations under this Agreement without the prior
written consent of the other party. Notwithstanding the foregoing, Manager may assign this Agreement to a successor in interest
by providing notice to Group, which notice shall state the effective date of such assignment. Upon such assignment, the successor
shall be responsible for the duties and responsibilities of Manager hereunder. Nothing contained in this Agreement shall be construed
to prevent the Manager from selling or conveying substantially all of its assets used in connection with the performance of this
Agreement, nor shall Group be prohibited from selling or conveying substantially all of its assets provided that the Agreement
continues in full force and effect.

 

(b)          Access
to Books and Records. Manager shall make available, upon request, to the Secretary of Health and Human Services and the Comptroller
General of the United States, or their authorized representatives, this Agreement, and all books, documents and records relating
to the nature and extent of the costs of services provided hereunder for a period of five (5) years after the furnishing of services
pursuant hereto. In addition, if Manager’s services under this Agreement are to be provided by subcontract and if that subcontract
has a value or cost of Ten Thousand Dollars ($10,000.00) or more over a twelve-month period, Manager shall require in writing that
the subcontractor make available to the Secretary and the Comptroller General, or their authorized representatives, for a period
of five (5) years after the furnishing of such services, the subcontract and all books, documents and records relating to the nature
and extent of the costs of the services provided thereunder.

 

    	 	-9-	 

     

    

 

(c)          Amendments.
This Agreement may be amended at any time by mutual agreement of the parties without additional consideration, provided that before
any amendment shall become effective, it shall be reduced to writing and signed by the parties. Notwithstanding the foregoing,
should any provision of this Agreement be in conflict with a governing State or federal law, it shall be deemed amended accordingly.

 

(d)          Notices.
Notices required under this Agreement shall be deemed given (i) at the time of personal delivery upon the party to be served;
or (ii) twenty four (24) hours following deposit for overnight delivery with a bonded courier holding itself out to the public
as providing such service, or following deposit in the U.S. Mail, Express Mail for overnight delivery; or (iii) forty eight (48)
hours following deposit in the U.S. Mail, registered or certified mail; and in any case postage prepaid and addressed as follows,
or to such other addresses as either party may from time to time designate to the other:

 

		To Group:	Los Angeles Lung Center

1245 Wilshire Blvd, Suite 611

Los Angeles, CA 90017

 

		To Manager:	Pulmonary Critical Care Management, Inc.

1245 Wilshire Blvd, Suite 305

Los Angeles, CA 90017

 

(e)          Entire
Agreement. This Agreement, including all Attachments, is the entire Agreement between the parties regarding the subject matter
hereof, and supersedes all other and prior agreements, whether oral or written.

 

(f)           Successors and Assigns. This Agreement shall inure to the benefit of, and shall be binding upon, the
parties hereto and their permitted successors and assigns.

 

(g)          Waiver
of Provisions. No waiver of any terms or conditions hereof shall be valid unless given in writing, and signed by the party
giving such waiver. A waiver of any term or condition hereof shall not be construed as a future or continuing waiver of the same
or any other term or condition hereof.

 

(h)          Governing
Law. This Agreement shall be construed in accordance with and governed by the laws of the State of California without
regard to conflicts of law.

 

(i)           Severability.
The provisions of this Agreement shall be deemed severable, and if any portion shall be held invalid, illegal or
unenforceable for any reason, the remainder of this Agreement shall be effective and binding upon the parties.

 

    	 	-10-	 

     

    

 

(j)           Attorneys’
Fees. In the event that any action, including mediation or arbitration, is brought by either party arising out of or in connection
with this Agreement, the prevailing party in such action shall be entitled to recover its costs of suit, including reasonable
attorneys’ fees.

 

(k)          Captions.
Any captions to or headings of the articles, sections, subsections, paragraphs, or subparagraphs of this Agreement are solely
for the convenience of the parties, are not a part of this Agreement, and shall not be used for the interpretation or determination
of any provision hereof.

 

(l)           Cumulation of Remedies. The various rights, options, elections, powers, and remedies of the respective parties
hereto granted by this Agreement are in addition to any others to which the parties may be entitled to by law, shall be
construed as cumulative, and no one of them is exclusive of any of the others, or of any right of priority allowed by
law.

 

(m)         No
Third Party Rights. The parties do not intend the benefits of this Agreement to inure to any third person not a signatory
hereto; and accordingly, this Agreement shall not be construed to create any right, claim or cause of action against either party
by any person or entity not a party hereto.

 

(n)          Construction
of Agreement. The parties agree that each party and its counsel have participated in the review and revision of this Agreement
and that any rule of construction to the effect that ambiguities are to be resolved against the drafting party shall not apply
in the interpretation of this Agreement.

 

(o)          Counterparts.
This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument.

 

[REMAINDER OF PAGE LEFT INTENTIONALLY BLANK.

 

SIGNATURES ON NEXT PAGE.]

 

    	 	-11-	 

     

    

 

EXHIBIT A TO

MANAGEMENT SERVICES AGREEMENT AMONG PULMONARY
CRITICAL CARE MANAGEMENT, INC. AND LOS ANGELES LUNG CENTER, A CALIFORNIA MEDICAL CORPORATION DATED July 1, 2011

 

Real Property Leases

 

[Annexed hereto]

 

    	 	-12-	 

     

    

 

[SIGNATURE PAGE OF MANAGEMENT SERVICES
AGREEMENT AMONG PULMONARY CRITICAL CARE MANAGEMENT, INC. AND LOS ANGELES LUNG CENTER, A CALIFORNIA MEDICAL CORPORATION DATED JULY
1, 2011]

 

IN WITNESS WHEREOF, the parties hereto have
executed this Agreement as of the date first above written.

 

	 	Pulmonary Critical Care Management, Inc. (“MANAGER”):
	 	 	 
	 	By:	 
	 	 	 
	 	Its:	President
	 	 	 
	 	Los Angeles Lung Center, a Medical Corporation (“GROUP”):
	 	 	 
	 	By:	 
	 	 	 
	 	Its:	President/
	 	 	 
	 	Chief Executive Officer

 

    	 	-13-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00271-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00271-of-00352.parquet"}]]