Document:

ex102.htm

EXHIBIT 10.2

CERTIFICATE OF DESIGNATION

of

SERIES C PREFERRED STOCK

Of

Livewire Ergogenics, Inc.

LiveWire Ergogenics, Inc., a corporation organized and existing under the Nevada Revised Statutes of the State of Nevada (the "Corporation"),

DOES HEREBY CERTIFY:

THAT, pursuant to the authority conferred upon the board of directors by the Certificate of Incorporation (as amended) of this Corporation and NRS 78.1955; the board of directors has duly adopted the following resolution:

RESOLVED, that, pursuant to the authority expressly granted to and vested in the board of directors of this Corporation by the provisions of its Certificate of Incorporation, the board of directors hereby creates a series of Preferred Stock to consist of 75 of the 10,000,000 shares of Preferred Stock, $.0001 par value per share, which this Corporation now has authority to issue, and hereby does issue to Bill Hodson such shares, and the board of directors hereby fixes the designation, powers, preferences and relative, participating, optional and other special rights, and the qualifications, limitations or restrictions thereof, of the shares of such series (in addition to the designation, powers, preferences and relative, participating, optional and other special rights, and the qualifications, limitations or restrictions thereof, set forth in the Certificate of Incorporation of this Corporation which are applicable to Preferred Stock of all series) as follows:

1.           Designation.  The distinctive designation of such series shall be the Series C Preferred Stock (the “Series C Preferred Stock”).

2.           Number of Shares.  The number of shares, which shall constitute such series, shall be 75 shares, which number may not be increased or decreased in part without the prior written consent of a majority of the outstanding Series C Preferred Stock.

3.           Dividends.

(a)           The Corporation shall not be required to pay any dividend on the Series C Preferred Stock. However, so long as the Series C Preferred is outstanding, no dividends whatever shall be paid or declared, nor shall any distribution be made, on any Junior Stock, other than a dividend or distribution payable in Junior Stock or warrants or other rights to purchase Junior Stock, without the prior written consent of a majority of the outstanding Series C Preferred Stock.

4.           Liquidation Rights.  Series C Preferred Stock shall be preferred as to assets over Junior Stock so that, in the event of the voluntary or involuntary liquidation, dissolution or winding up of this Corporation, the holder(s) of Series C Preferred Stock shall be entitled to have set apart or to be paid out of assets of this Corporation, an amount in cash equal to, but in no event more than, $200.00 per share. If, upon such liquidation, dissolution or winding up of this Corporation, the assets of this Corporation available for distribution to the holders of its capital stock shall be insufficient to permit the distribution in full of the amounts receivable by the holder(s) of Series C Preferred Stock, then all such remaining assets of this Corporation shall be distributed to the holder(s) of the Series C Preferred Stock. Neither the consolidation nor merger of this corporation shall be deemed to be a liquidation, dissolution or winding up of this corporation for purposes of this Section 4.

 

  

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5.           Voting Rights.   Except as otherwise provided by law or the Certificate of Incorporation, each share of the Series C Preferred Stock shall be entitled to cast a vote for all matters that are presented to the Corporation’s shareholders for a vote, whether by shareholder meeting (annual or special) or by written consent, equal to .7% of all outstanding shares that are eligible to vote (including the Series C Preferred Stock), at the time of such shareholder action. The number of votes allowed to be cast by each share of the outstanding Series C Preferred Stock shall be equal to the sum of (Z) below, calculated as follows;

(X) calculate all votes, other than the votes of the Series C Preferred Stock, eligible to be cast for any matter submitted for vote to the shareholders, as of the record date for such matter submitted (including votes granted to warrant holders or holders of rights or any other security, other than the Series C Preferred Stock, eligible to vote); then

(Y) divide the sum of (X) by; (a) one (1) minus (b) .007 multiplied by the number of shares of Series C Preferred Stock outstanding; then

(Z) subtract the sum of (X) from the sum of (Y) and divide such amount by the number of shares of Series C Preferred Stock outstanding.

In addition, only the separate vote of the Series C Preferred Stock, voting separately as a class, shall be necessary for effecting any of the following:

(a) The creation, issuance or authorization of any additional Preferred Stock in any respect; or any increase in the authorized amount of Preferred Stock or common stock or of any additional class of stock ranking prior to or on a parity with the Series C Preferred Stock in any respect; or the creation or authorization of any obligation or security convertible into shares of stock of any class ranking prior to or on a parity with the Series C Preferred Stock in any respect, or the creation or issuance of any new series of common stock, whether any such creation or authorization or increase shall be by means of amendment of the Certificate of Incorporation, merger, consolidation or other transaction of similar or different kind;

(b)           a merger or consolidation of the Corporation into or with any other corporation or corporations if the Corporation is not the surviving corporation.

               (c)           the sale of all or substantially all of the Corporation’s assets.

 

 

6.           Conversion Rights.  The Series C Preferred Stock shall be entitled to convert into fully paid and non-assessable Common Stock of the Corporation upon the terms and conditions of this section;

(a)           For the purposes of this Section 6, each share of Series C Preferred Stock shall be convertible into 8,000 shares of the Corporation’s Common Stock.

(b)           In case at any time the Common Stock outstanding shall be combined into a lesser number of shares, whether by reclassification, recapitalization, reduction of capital stock, whether referred to as a “reverse split” or otherwise, or other corporate action of similar or different kind, then the amount of common shares that the Series C Preferred shall be convertible into shall be proportionately decreased.

 

  

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(c)             In case at any time any Common Stock shall be issued, or be deemed to have been issued, as a dividend on outstanding Common Stock or shall be issued upon subdivision, reclassification, recapitalization, whether referred to as a “stock split” or otherwise, the amount of common shares that the Series C Preferred shall be convertible into shall be proportionately increased.

(d)           In case at any time any warrants, rights or any other security which is declared or issued to the holders of Common Stock or which Common Stock holders have the right to acquire, the Series C Preferred Stock shall automatically be entitled to such rights and/or the receipt of such rights or warrants or other instrument in the same proportion as if the Series C Preferred Stock had been converted on the day such right, warrant or security was declared without having to convert the Series C Preferred Stock.

 

(e)           Any conversion of Series C Preferred Stock into Common Stock shall be made by the surrender to the Corporation of the certificate or certificates representing the Series C Preferred Stock to be converted, duly endorsed or assigned (unless such endorsement or assignment be waived by the Corporation), together with a written request for conversion.

(f)           All Series C Preferred Stock which shall have been surrendered for conversion as herein provided shall no longer be deemed to be outstanding and all rights with respect to such shares of stock, including the rights, if any, to receive notices and to vote, shall forthwith cease except only the rights of the holders thereof to receive Common Stock in exchange therefor.  Any Series C Preferred Stock so converted shall be permanently retired, shall no longer be deemed outstanding and shall not be reissued.

 

(g)           A number of authorized shares of Common Stock sufficient to provide for the conversion of the Series C Preferred Stock outstanding upon the basis hereinbefore provided shall at all times be reserved for such conversion.  If the Corporation shall propose to issue any securities or to make any change in its capital structure which would change the number of shares of Common Stock into which each share of Series C Preferred Stock shall be convertible as herein provided, the Corporation shall at the same time also make proper provision so that thereafter there shall be a sufficient number of shares of Common Stock authorized and reserved for conversion of the outstanding Series C Preferred Stock on the new basis.

(h)           The term "Common Stock" as used in this Section 6 shall mean stock of the class designated as Common Stock of the Corporation on the date the Series C Preferred Stock is created or stock of any class or classes resulting from any reclassification or reclassifications thereof, the right of which to share in distributions of both earnings and assets is without limitation in the Certificate of Incorporation (or other similar documents) of the Corporation as to any fixed amount or percentage and which are not subject to redemption; provided, that if at any time there shall be more than one such resulting class, the shares of each such class then issuable on conversion of the Series C Preferred Stock shall be substantially in the proportion which the total number of shares of stock of each such class resulting from all such reclassifications bears to the total number of shares of stock of all such classes resulting from all such reclassifications.

(i)           In addition to any notification requirements contained in section 6, in case the Corporation shall propose at any time:

(i)           to pay any dividend on the Common Stock outstanding payable in Common Stock or to make any other distribution, other than cash dividends, to the holders of the Common Stock outstanding; or

(ii)           to offer for subscription to the holders of the Common Stock outstanding any additional shares of any class or any other rights or option; or

 

  

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(iii)           to effect any reclassification or recapitalization of the Common Stock outstanding involving a change in the Common Stock, other than a subdivision or combination of the Common Stock outstanding; or

(iv)           to merge or consolidate with or into any other corporation, or to sell, lease, or convey all or substantially all of its property or business, or to liquidate, dissolve or wind up;

then, in each such case, the Corporation shall send to the holder(s) of the Series C Preferred Stock in writing at their last known post office address as shown by the Corporation’s records a statement, signed by an officer of the Corporation, with respect to the proposed action, such statement to be so filed and mailed at least twenty (20) days prior to the date of the taking of such action or the record date for holders of the Common Stock for the purposes thereof, whichever is earlier.

7.           Definitions.  For the purposes of this resolution, the following terms shall have the meanings indicated.

(a)           The term "Preferred Stock" means the class of 10,000,000 shares of Preferred stock, par value $.0001 per share, authorized for issuance by the Certificate of Incorporation of this Corporation.

(b)           The term "Junior Stock" means (i) Common Stock, and (ii) all those classes and series of preferred or special stock and all those series of Preferred Stock, by the terms of the Certificate of Incorporation or of the instrument by which the board of directors, acting pursuant to authority granted in the Certificate of Incorporation, shall designate the special rights and limitations of each such class and series of preferred or special stock or series of Preferred Stock, which shall be subordinate to Series C Preferred Stock with respect to the right of the holders thereof to receive dividends or to participate in the assets of this corporation distributable to stockholders upon any liquidation, dissolution or winding up of this Corporation. Notwithstanding anything contained in this provision or this Designation to the contrary, the Corporation’s Series B Preferred Stock is not Junior Stock.

9.           General.

(a)           The section headings contained in this resolution are for reference purposes only and shall not affect in any way the meaning of this resolution.

 

 

 

4Exhibit 10.1

 

FUNDING AGREEMENT

 

This Agreement (this
“Agreement”), by and between Ruthigen, Inc., a Delaware corporation (“Ruthigen”), and Oculus
Innovative Sciences, Inc., a Delaware corporation (“Oculus” and, together with Ruthigen, the “Parties”
and each, a “Party”), is made and entered into this 31st day of January 2014.

 

RECITALS

 

WHEREAS, Ruthigen
is currently a wholly-owned subsidiary of Oculus;

 

WHEREAS, the
board of directors of Oculus has determined that it is appropriate, desirable and in the best interests of Oculus and its shareholders
to separate its businesses into two publicly-traded companies (the “Separation”), all as more fully described
in the License and Supply Agreement, dated May 23, 2013, the Shared Services Agreement, dated May 23, 2013, and the Separation
Agreement, dated August 2, 2013 by and between the Parties (as each has been and may be amended, supplemented, extended, renewed
or otherwise modified from time to time and together, the “Ancillary Agreements”); and

 

WHEREAS, the
Special Transaction Committee of Oculus (“STC”) has determined that it is in Oculus’ best interests to
continue to provide certain financing to Ruthigen, pending the Separation, subject to the additional terms and conditions set forth
herein with respect to the Separation and the amendment of certain terms of the Ancillary Agreements.

 

NOW, THEREFORE,
in consideration of the foregoing and of the mutual covenants and agreements set forth herein, the Parties agree as follows:

 

ARTICLE I

THE SEPARATION

 

Section 1.1General.
Subject to the terms and conditions of this Agreement, the Parties shall use, and shall cause their respective Affiliates (as defined
below) to use, their respective reasonable best efforts to consummate the transactions contemplated hereby. “Affiliate”
shall mean, when used with respect to a specified person, a person that directly or indirectly, through one or more intermediaries,
controls, is controlled by or is under common control with such specified person, including, without limitation, a subsidiary,
where “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the
management and policies of such person, whether through ownership of voting securities or other interests, by contract or otherwise;
provided, that if control is deemed solely on the basis of ownership of voting securities or other interests, such ownership must
be in excess of fifty percent (50%) of the then outstanding shares of common stock or the combined voting power of such person;
provided further, that (i) neither Ruthigen nor Oculus shall be considered an Affiliate of each other or of each other’s
Affiliates, (ii) insofar as an officer or director of any Affiliate is an officer or director of Ruthigen or Oculus, in reference
to such other Party, the term shall exclude such officer or director in such capacity of such other Party, and (iii) no respective
Oculus or Ruthigen shareholder shall be considered an Affiliate of Oculus or Ruthigen unless such shareholder is a subsidiary of
Oculus or Ruthigen respectively.

 

Section 1.2Governmental Approvals;
Consents.

 

1.2.1To the
extent that the Separation requires any notices, reports or other filings to be made, or any consents, registrations, approvals,
permits or authorizations to be obtained from any governmental authority (“Governmental Approvals”), the Parties
shall use reasonable best efforts to obtain any such Governmental Approvals.

 

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1.2.2The Parties
shall use reasonable best efforts to obtain any consents or waivers from third parties required in connection with the transactions
contemplated by this Agreement.

 

Section 1.3Termination
of Agreements. Except with respect to obligations under this Agreement and the Ancillary Agreements (and agreements expressly
contemplated herein or therein to survive by their terms), the Parties hereby terminate any and all written or oral agreements,
arrangements, commitments or understandings, between or among them, as of the date hereof; and each Party shall, at the reasonable
request of the other Party, take, or cause to be taken, such other actions as may be necessary to effect the foregoing.

 

Section 1.4Disclaimer
of Representations and Warranties. ON BEHALF OF THE PARTIES AND THEIR RESPECTIVE AFFILIATES, THE PARTIES UNDERSTAND AND
AGREE THAT, EXCEPT AS EXPRESSLY SET FORTH HEREIN OR IN ANY ANCILLARY AGREEMENT, NO PARTY TO THIS AGREEMENT, ANY ANCILLARY AGREEMENT
OR ANY OTHER AGREEMENT OR DOCUMENT CONTEMPLATED BY THIS AGREEMENT HEREBY OR THEREBY, IS REPRESENTING OR WARRANTING IN ANY WAY AS
TO THE BUSINESSES OR LIABILITIES CONTRIBUTED, TRANSFERRED, DISTRIBUTED OR ASSUMED AS CONTEMPLATED HEREBY OR THEREBY, AS TO ANY
CONSENTS OR GOVERNMENTAL APPROVALS REQUIRED IN CONNECTION HEREWITH OR THEREWITH, AS TO THE VALUE OR FREEDOM FROM ANY SECURITY INTERESTS
OF, OR ANY OTHER MATTER CONCERNING, ANY ASSETS OF SUCH PARTY, OR AS TO THE ABSENCE OF ANY DEFENSES OR RIGHT OF SETOFF OR FREEDOM
FROM COUNTERCLAIM WITH RESPECT TO ANY CLAIM OR OTHER ASSET, INCLUDING ANY ACCOUNTS RECEIVABLE, OF ANY PARTY, OR AS TO THE LEGAL
SUFFICIENCY OF ANY CONTRIBUTION, DISTRIBUTION, ASSIGNMENT, DOCUMENT, CERTIFICATE OR INSTRUMENT DELIVERED HEREUNDER TO CONVEY TITLE
TO ANY ASSET OR THING OF VALUE UPON THE EXECUTION, DELIVERY AND FILING HEREOF OR THEREOF.

 

ARTICLE II

AMENDMENTS TO ANCILLARY
AGREEMENTS

 

Section
2.1Separation Agreement. The
Parties hereby amend the Separation Agreement in substantially the same form as attached hereto as Exhibit A and concurrently
herewith shall execute same.

 

Section
2.2License and Supply Agreement. The
Parties hereby amend the terms of the License and Supply Agreement in substantially the same form as attached hereto as Exhibit
B and concurrently herewith shall execute same.

 

Section 2.3Shared
Services Agreement. The Parties hereby amend the terms of the Shared Services
Agreement in substantially the same form as attached hereto as Exhibit C and concurrently herewith shall execute same.

 

ARTICLE III

CONTINUED FINANCING
FOR RUTHIGEN

 

Section
3.1 Termination of Funding of Subsidiary. Other than as set forth in Section 3.2 below, as of the
date hereof, Oculus shall immediately cease funding of the ongoing operations of Ruthigen.

 

Section
3.2Provision for Certain Additional Financing. Subject to execution by the Parties of Exhibits
A, B, and C and the terms and conditions hereof, Oculus shall fund Ruthigen for a total of $760,000
to proceed with its proposed initial public offering. Such funds will be transferred to that certain Ruthigen bank
account (Wells Fargo Bank ___________, Account No. ___________) as payroll and third party vendor payments are required
consistent with a budget to be mutually agreed upon by Oculus and Ruthigen in connection with the execution of this Agreement
(the “Budget”). Following the execution of this Agreement, Oculus shall maintain possession of all
Ruthigen bank and checking accounts and continue to process both payroll and vendor payments on behalf of Ruthigen as set
forth in the Budget. Oculus will not maintain possession of Ruthigen bank and checking accounts unless designated by Ruthigen
after the Ruthigen initial public offering. Oculus shall have no further obligation to fund operations of Ruthigen beyond the amounts
detailed in the Budget.
Furthermore, any funds provided by Oculus to Ruthigen pursuant to this Agreement shall be repaid by Ruthigen to Oculus at the
time of the closing of the Ruthigen initial public offering. It is additionally agreed that Ruthigen will not commit to
any additional liabilities or expenses in excess of those detailed in the Budget and any unpaid expenses incurred by Ruthigen prior to or subsequent
to this Agreement remain the responsibility of Ruthigen to pay.

 

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Section
3.3Possible Extension of Financing. Provided that all other requirements of this Agreement have been
met, Oculus may, in its sole discretion, extend additional funds to Ruthigen, but has no obligation to do so.

 

ARTICLE IV

RESIGNATIONS OF DIRECTORS
AND COOPERATION COVENANT

 

Section
4.1Resignation of Certain Directors. Greg French shall resign from the board of directors of
Oculus and any committees thereof, and any position he holds as an officer or employee of Oculus effective upon the earlier
to occur of (x) the closing of the sale by Ruthigen of securities in any public offering; or (y) the filing of an amendment
to the Registration Statement on Form S-1 previously filed by Ruthigen with the SEC; or (z) March 1, 2014. Hojabr Alimi and
Richard Conley shall resign from the board of directors of Oculus and any committees thereof, and any position he
respectively holds as an officer or employee of Oculus effective upon the closing of any public offering by Ruthigen of
securities. Such resignations shall in the form attached hereto as Exhibit D and delivered in executed form to Oculus
counsel on the date hereof. For the purposes of clarity, Messrs. Alimi, Conley, and French; the management of Oculus; and the
STC have mutually agreed upon the language to be included in the resignations attached hereto as Exhibit D, and any
changes from that certain language must be mutually agreed upon by Messrs. Alimi, Conley, and French, the management of
Oculus, and the STC prior to execution.

 

Section
4.2Public Announcement of Resignations. Oculus will file a Current Report on Form 8-K, within the
appropriate guidelines of the Securities and Exchange Commission, announcing the resignations of Messrs. Alimi,
Conley, and French as appropriate. Oculus shall reasonably collaborate with each of the resigning
board members as to the language included in the report regarding that particular member’s resignation from the Oculus
board. Mr. French, the management of Oculus, and the STC have mutually agreed upon the language to be included in the
report regarding Mr. French’s resignation, and any changes from that certain language must be mutually agreed upon by
Mr. French, the management of Oculus, and the STC prior to filing. Oculus will provide each of the resigning board members
with a copy of the report prior to filing and the resigning board members will have a 24-hour period from such receipt to
comment on the draft.

 

Section
4.3 Approval by the STC of IPO Terms; Oculus Agreement to Cooperate. The STC approves the terms
mutually agreed upon by Oculus and Ruthigen in connection with the execution of this Agreement (the “IPO Terms”)
and Oculus shall cooperate with Ruthigen in taking all steps reasonably necessary to cause the Ruthigen initial public offering
to proceed as promptly as possible. If, however, the terms of the Ruthigen initial public offering are required to be changed
from the mutually agreed upon IPO Terms by any of the following third parties, including the Securities and Exchange Commission,
NASDAQ, FINRA, Dawson James Securities, Inc. and MLV & Co., then the STC shall consider such required changes in good faith,
in light of the parties’ mutual intent to proceed with the Ruthigen initial public offering, and as it deems in the best
interests of Oculus and Oculus’ stockholders.

 

ARTICLE V

MISCELLANEOUS

 

Section 5.1Governing
Law; Venue. This Agreement and the rights and obligations of the Parties hereunder are governed by, and construed and enforced
in accordance with, the laws of the State of California, without regard to principles of conflict of laws. All actions brought
to enforce this Agreement shall be brought in courts located in the county of San Francisco, California or courts of the United
States located in the Northern District of California.

 

Section 5.2Amendment;
Successors and Assigns. This Agreement may be amended only by a written instrument executed by both Parties. This Agreement
shall be binding upon, and shall inure to the benefit of, the Parties and their respective successors and assigns. Notwithstanding
the foregoing, this Agreement shall not be assignable, in whole or in part, by any Party without the prior written consent of the
other Party, and any attempt to assign any rights or obligations arising under this Agreement without such consent shall be null
and void; provided, that so long as such assignment is not to a competitor of the other Party (a competitor is defined as a person
who derives twenty percent (20%) or more of its revenues from the same or substantially the same products or reasonable substitutes
for same as the non-assigning Party), (i) a Party may assign this Agreement in connection with a merger transaction in which such
Party is not the surviving entity or the sale by such Party of all or substantially all of its assets, and (ii) upon the effectiveness
of such assignment, the assigning Party shall be released from all of its obligations under this Agreement if the surviving entity
of such merger or the transferee of such assets shall agree in writing, in form and substance reasonably satisfactory to the other
Party, to be bound by all terms of this Agreement as if named as a “Party” hereto.

 

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Section 5.3Counterparts;
Entire Agreement. This Agreement may be executed in one or more counterparts, including by facsimile, PDF or other form
of electronic signature, all of which together shall be considered one and the same instrument. This Agreement shall constitute
the entire agreement between the Parties with respect to its subject matter, and supersedes, merges and voids any and all prior
negotiations, understandings and agreements between the Parties with respect to such subject matter, whether oral or written.

 

Section 5.4Notice.
Any and all notices and other communications concerning this Agreement shall be in writing and addressed as follows:

 

if to Ruthigen:

Ruthigen, Inc.

2455 Bennett Valley Road, Suite
C116

Santa Rosa, CA 95404

Attn: Chief Executive Officer

 

with a copy to:

Mintz, Levin, Cohn, Ferris, Glovsky
and Popeo, P.C.

666 Third Avenue

New York, NY 10017

Attn: Ivan K. Blumenthal, Esq.

 

If to Oculus:

Oculus Innovative Sciences, Inc.

1129 N. McDowell Blvd.

Petaluma, CA 94954

Attn: Chief Executive Officer

 

with a copy to: Oculus Special
Transaction Committee

Attn: J.F. Petruzzelli

K&L Gates LLP

630 Hansen Way

Palo Alto, California 94304

 

or at such other address as may be designated
in writing pursuant to the terms hereof to the other Party. All such notices and other communications shall be sent by one of the
following means - certified U.S. mail, return receipt requested, by a nationally recognized overnight delivery service, by facsimile
or by email if sent to the Party recipient’s regular business email address and facsimile number, and shall be deemed delivered:
if sent by U.S. Mail, five (5) days after certification thereof; if sent by facsimile, upon verification of receipt; if sent by
overnight delivery service, one (1) business day after delivery to the courier; or if sent by email, on the business day sent if
during the normal business hours of the recipient and otherwise on the next business day; provided, that if sent by facsimile or
email, a copy of such notice or other communication shall be sent at the same time as such facsimile or email notice by another
means permitted by this Section.

 

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Section 5.5Severability.
If any provision of this Agreement is determined by a court of competent jurisdiction to be invalid, void or unenforceable, the
remaining provisions hereof, or the application of such provision in jurisdictions other than those as to which it has been held
invalid or unenforceable, shall remain in full force and effect and shall in no way be affected, impaired or invalidated thereby,
so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner adverse to any
Party. Upon such determination, the Parties shall negotiate in good faith in an effort to agree upon such a suitable and equitable
provision to effect the original intent of the Parties.

 

Section 5.6Headings.
The article, section and paragraph headings contained in this Agreement are for reference purposes only and shall not affect in
any way the meaning or interpretation of this Agreement.

 

Section 5.7Specific
Performance. Irreparable damage could occur in the event that the provisions of this Agreement were not performed in accordance
with their specific terms. Accordingly, solely with respect thereto and regardless of the arbitration provisions hereof, the Parties
shall be entitled to seek injunctive relief from a California court with jurisdiction of the parties and subject matter to enforce
specifically the terms and provisions hereof or other equitable remedies in addition to any other remedy or relief to which they
may be entitled.

 

Section 5.8No
Partnership, Agency or Joint Venture. This Agreement is not intended to create, and does not create, any agency, partnership,
joint venture or any like relationship between the Parties. Without limiting the generality of the foregoing sentence, Oculus is
entering into this Agreement solely on its own behalf and shall not have (x) any obligation to perform on behalf of any other holder
of Common Stock or (y) any liability (regardless of the legal theory advanced) for any breach of this Agreement by any other holder
of Common Stock and (b) by entering into this Agreement does not intend to form a “group” for purposes of Rule
13d-5(b)(1) of the Securities Exchange Act of 1934, as amended, or any other similar provision of applicable law.

 

 

 

 

 

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IN WITNESS WHEREOF,
this Agreement has been executed by the Parties as of the date indicated above.

 

 

	 	RUTHIGEN, INC.
	 	 	 
	 	By: 	/s/ Hojabr Alimi 
	 		 Name: Hojabr Alimi 
	 		Title: Chief Executive Officer 
	 	 	 
	 	OCULUS INNOVATIVE SCIENCES, INC.
	 	 
	 	By:	/s/ Jim Schutz
	 	 	Name: Jim Schutz
	 	 	Title: Chief Executive Officer
	 	 	 

 

 

 

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Exhibit A

 

Amended Separation Agreement

 

 

 

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Exhibit B

 

Amendment No. 3 to the License and Supply
Agreement

 

 

 

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Exhibit C

 

Amendment No. 1 to the Shared Services Agreement

 

 

 

 

 

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Exhibit D

 

Resignation Letter Forms

 

 

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