Document:

Letter Agreement with Transition Partners Limited

 Exhibit 10.47 
  
 [Transition Partners Limited Letterhead] 
  
 October 24, 2003 
  
 Mr. Mark Nelson 
 President and CEO 
 Polar Molecular Corporation 
 4600 South Ulster Street 
 Suite 940 
 Denver, CO 80237 
  
 Dear Mark: 
  
 You have asked Transition Partners, Limited (“TPL”) to submit a proposal describing the basis on which it would serve as a
corporate development and financial advisor to Polar Molecular Corporation (the “Company”) for an initial period of six (6) months, commencing October 24, 2003 through April 23, 2004. This letter will serve to advance your request for such
a proposal and confirm TPL’s engagement as the Company’s advisor in this regard. 
  
 Corporate Development and Financial Advisory Services 
  
 TPL will be pleased to furnish general corporate development, as well as financial services to the Company to assist it in the implementation of a fiscal action plan geared to enhance the Company’s financial
condition and performance as we have previously discussed. This plan contemplates a multi-phased approach which we have discussed with you and which may be modified somewhat subsequent to the initiation of our engagement based upon our more complete
understanding of the Company’s actual funding needs and its current state of affairs. As its financial and corporate development advisor, TPL will act on behalf of the Company and will provide independent advice and counsel on issues of a
financial nature pertaining to this engagement. TPL will report directly to you and will keep you apprised of our activities as you deem appropriate. In carrying out this assignment, TPL will coordinate its efforts and work closely with other key
members of management and professionals retained to assist you and the Company in its overall program to achieve various corporate objectives. The services and activities TPL anticipates performing over the course of this engagement for the Company
can be generally described as follows: 
  
 Strategic Planning Services.
TPL will continue to review and recommend modification, if any, to the Company’s current proposed and desired business and strategic operating plan developed by the Company. TPL will harmonize any changes to these plans, subject to your
satisfaction in concert with the Company’s desired capital raising objectives. In this connection, TPL will interface with all current and future potential resources of the Company as directed by you. 
  
 Capital Formation Plan. TPL will also focus upon the implementation of the
Company’s strategic capital plan previously developed by the Company. We will continue to analyze the anticipated procurement by the Company of capital from debt, quasi-debt, equity, and other private sources, including corporate strategic
alliances. 
  
 Implementation of Capital Plan. TPL will directly assist the
Company in implementing the Company’s capital plan. This may include our assisting the Company in its possible procurement of debt and/or equity from private sources and from strategic corporate partners, as discussed below. TPL is prepared to
direct and/or assist in the implementation of the Company’s capital formation process and suggests that it be 

 Exhibit 10.47 
  

 compensated on a performance basis as also noted later in this engagement letter. Accordingly, TPL would propose to
serve as the Company’s financial advisor in the execution of this strategy and implementation of its capital raising efforts required to sustain and progress the Company toward its short term, intermediate, and long term goals based upon a
three-phase approach which we have discussed with you previously. 
  
 Capital
Procurement Services. As noted above, TPL will facilitate the procurement of interim and longer-term capital for the Company in three possible phases as noted above in connection with the aforementioned strategic and global corporate objectives,
as you have requested. In this regard, we will assist the Company in its procurement of working capital for interim, intermediate and long-term purposes in order to advance the overall corporate strategic objectives of the Company which we have
previously discussed with you. We will harmonize these efforts with the corporate development and merger and acquisition services which we also intend to provide to the Company as also noted below. 
  
 Strategic Partnering, Corporate Development and Merger and Acquisition Services. TPL
will also serve as an advisor to the Company in connection with strategic and global corporate objectives as you have also requested. To this end, we would be open to support any transaction involving licensing of the Company’s technology to
one or more third parties or some other form of strategic transaction. TPL will also serve as an advisor to the Company in completing the purchase and/or acquisition of all or a part of any third party organization, its assets, or securities by the
Company, synergistic with the Company’s overall strategic plan, as described above. Finally, TPL intends to provide you and the Company with such executory services related to the accomplishment of this strategic and global plan as are
necessary. 
  
 The possible services and tasks listed above are reflective of the
overall commitment TPL is prepared to make to assist the Company through its next critical growth phase. The above list is representative of the type of work that will have to be done by TPL, in order for the Company to achieve its business
objectives. It is based on TPL’s present understanding of the Company’s circumstances, requirements and goals and, as such, is subject to modification and adjustment in the event that those factors change. Many of the activities outlined
are interrelated, subject to iteration and continuing in nature, to be sure. 
  
 Consequently, significant effort and experience will be required to organize, sequence and coordinate all of the foregoing activities to the best advantage of the Company. We believe TPL possesses such expertise and is prepared to dedicate
the time and resources required to do the job properly and professionally on a “best efforts” basis. Of course, no assurance can be given to the Company that TPL will be successful in any event with respect to any aspect of our engagement
with the Company, notwithstanding our best efforts as you know. 
  
 Compensation Arrangements 
  
 Retainer and Expenses. In
consideration for acting as financial advisor to the Company in this engagement, TPL will be paid in advance a monthly retainer of fifteen thousand five hundred dollars ($15,500) on the twenty fourth day of each month of this six (6) month agreement
throughout the duration of our engagement. We would request that the October 24, 2003 retainer be delivered to TPL at the execution of this engagement agreement. It is also contemplated that reimbursement for all reasonable expenses incurred by TPL
in connection with this engagement will be paid promptly by the Company to TPL as submitted. These expenses will represent only actual out of pocket expenses (not allocations of general corporate expenses) and shall be approved by the Company in
advance. 
  
 Common Stock Purchase Warrants. In addition, because of the
anticipated intensity of commitment required by this contemplated assignment and relationship, TPL would also request that it be granted warrants (the “Warrants”) to acquire such number of shares of the outstanding common stock of the

  

 2 

 Exhibit 10.47 
  

 Company equal to two percent (2%) of the equity capital structure of the Company on a fully-diluted, fully converted
basis as of the date of our engagement. The Warrants will contain aper share exercise price which is equal to the per share fair market value of the Company as of the date of our engagement as evidenced by the closing bid price per share of the
Company’s common stock as of October 23, 2003 as reported on the NASDAQ pink sheet OTC quotation system and will expire on October 23, 2008. Furthermore, the Warrants will incrementally vest in accordance with the following schedule:

  

			
		
	 Incremental Percentage of the
 Warrants Vesting

	  	 Accomplishment of Event Causing
 Warrants to Vest
 (the “Warrants Vesting Event”)

		
	One-half percent (.5%) of the equity capital structure of the Company, fully diluted	  	Execution of Engagement Agreement
		
	Additional, incremental one-half percent (.5%) of the equity capital structure of the Company, fully diluted	  	Procurement of at least $250,000 of working capital (debt and/or equity) for the Company, referred to as Phase 1.
		
	Additional, incremental one-half percent (.5%) of the equity capital structure of the Company, fully diluted	  	Procurement of at least $1.2 million of working capital (debt and/or equity) for the Company, referred to as Phase 2, incremental to amounts raised in Phase 1.
		
	Additional, incremental one-half percent (.5%) of the equity capital structure of the Company, fully diluted	  	Procurement of at least $5.0 million of working capital (debt and/or equity) for the Company, referred to as Phase 3, incremental to amounts raised in Phases 1 and 2.

  
 It is expressly understood by the
parties that the aforementioned Warrants Vesting Events are separate and discrete activities. To this end, the parties agree that if some, but not all, of the Warrants Vesting Events are not accomplished by TPL, nonetheless the incremental portion
of the Warrants due TPL based upon the foregoing schedule will accordingly vest. However, should TPL accomplish all of the Warrants Vesting Events, TPL will vest and receive Warrants equal to two percent (2%) of the equity capital structure of the
Company on a fully diluted, fully converted basis as of October 23, 2003, as mutually agreed upon. Finally, other details pertaining to the Warrants will be delineated in a formal Warrant Agreement to be executed by the Company and TPL within ten
(10) days following the execution of this engagement agreement. 
  
 Contingent
Advisory Fees 
  
 Procurement of Working Capital or Third Parties by
TPL. Because you have requested TPL: 1) to procure working capital (whether debt, equity or a combination thereof); 2) and to assist with potential technology licenses or other strategic transactions; 3) and/or to assist the Company in its
acquisition of the assets or securities of one or more third parties, synergistic with the Company’s strategic and related capital plan, TPL will charge the Company contingent advisory fees tied to all such transactions (the
“Transactions”) arising in connection with our engagement. Fees for completing each such Transaction, payable to TPL by the Company, will be based upon a success fee formula (the “Success Fee”) equal to four percent (4%) of the
value of each such Transaction (or traunche thereof). The payment of any Success Fee to TPL by the Company shall be made at the time of the closing of each such Transaction (or traunche thereof), giving rise to the Company’s Success Fee
obligation due to TPL. 
  
 Procurement of Strategic Alliances by TPL. In
addition, in the event TPL procures working capital from one or more strategic commercial partners, corporations, or entities, the Success Fee due and payable to 
  

 3 

 Exhibit 10.47 
  

 TPL by the Company will also be equal to four percent (4%) of the value of each such Transaction (or traunche
thereof). The payment of any Success Fee to TPL by the Company shall also be made at the time of the closing of each such Transaction (or traunche thereof). 
  
 Confidentiality 
  
 In connection with TPL’s services, the Company will furnish (or cause to be furnished) to TPL such information and data as is within the Company’s possession or control relating to the Company as TPL
reasonably deems necessary or reasonably requests in order to complete its assignments for the Company. TPL will keep and maintain all non-public information which it receives or develops concerning the Company confidential and will disclose such
information only as required by law. The Company recognizes and confirms that in the performance of its services hereunder: (i) TPL may rely upon information provided by the Company without independent verification; (ii) TPL shall incur no liability
as a result of such reliance; and (iii) TPL does not assume responsibility for the accuracy or completeness of such information, whether or not it makes an independent verification. TPL will obtain the Company’s written consent before any
confidential, non-public information is disclosed to any third party unless such disclosure is required by law. 
  
 Indemnification and Limitation of Liability 
  
 In consideration of TPL’s agreement to act on the Company’s behalf in connection with this advisory engagement, the Company agrees to indemnify and hold
harmless TPL and its officers, directors, agents and employees from and against any loss, claim, damage, liability, or expense (including reasonable counsel fees and expenses) arising out of or to which TPL may become subject as a result of the
reckless or grossly negligent conduct or activities of the Company and/or its officers, directors, agents, and employees, or based on any statements regarding the Company made by the Company itself and/or its officers, directors, agents, and
employees which any of the foregoing know or should have reasonably known were materially false or materially misleading at the time that statement was made. The Company agrees to promptly reimburse TPL for any legal or other expenses as incurred in
connection with investigation or defending any such loss, claim, damage or liability (or action in respect thereof). In no event shall TPL be liable for acting in accordance with instructions from the Company or any entity or person authorized to
act on its behalf. 
  
 Effectiveness and Termination 
  
 As recited above, the effective date of this engagement shall be October 24, 2003. This
engagement will terminate automatically on April 23, 2004, unless otherwise extended by mutual written agreement. In the event of such automatic termination, TPL shall be entitled to all compensation due through the date of termination, including
base and contingent advisory fees as specified earlier in this letter, as well as all unpaid out-of- pocket expenses. TPL shall also be entitled to contingent advisory fees, as outlined above, for transactions originating during and in the course of
this engagement and completed within eighteen (18) months from the date of automatic termination of this agreement. 
  
 Miscellaneous 
  
 This agreement may not be amended or modified except in writing and shall be governed and construed in accordance with the laws of the State of Colorado. The indemnity, confidentiality, and reimbursement 

 

 4 

 Exhibit 10.47 
  
 provisions contained herein shall remain in full force and effect in the event of termination. The invalidity, legality or enforceability of
any provision of this agreement shall in no way affect the validity, legality or enforceability of any other provision. If any provision is held to be unenforceable as a matter of law, the other provisions shall not be affected thereby and shall
remain in full force and effect. 
  
 Please confirm that the foregoing proposal is
in accordance with our understanding and is acceptable to you by signing and returning to me the enclosed duplicate original engagement letter. We look forward to a successful relationship, culminating in the attainment of these mutually desirable
objectives on behalf of the Company. 
  

							
	 Sincerely,
	 	 Agreed to and accepted:

		
	TRANSITION PARTNERS, LIMITED	 	POLAR MOLECULAR CORPORATION
				
	 By:
	 	   /s/ W. Terrance Schreier

	 	 By:
	 	   /s/ Mark Nelson

	 	 	 	 	 	 	 Mark Nelson

	 	 	 	 	 	 	 President and CEO

  
 WTS:jvLetter Agreement with Bolder Venture Partners

 Exhibit 10.48 
  
 [Bolder Venture Partners letterhead] 
  

February 9, 2004 
  
 Mr. Mark Nelson, President and CEO 
 Polar Molecular Corporation 
 4600 Ulster Street 
 Denver, CO 80237 
  
 Dear Mark, 
  
 You have asked Bolder Venture Partners (“BVP”) to submit a proposal describing that basis on which it would serve as a financial
advisor to Polar Molecular Corporation (the “Company”) for an initial term of six (6) months, commencing February 9, 2004 through August 9, 2004. This letter will serve to advance your request for such a proposal and confirm BVP’s
engagement as the Company’s advisor in this regard. 
  
 Financial Advisory
Services 
  
 BVP will be pleased to furnish financial advisory services to
the Company to assist it in the implementation of a plan geared to enhance the Company’s financial condition. This plan contemplates a multi-phased approach, which we have discussed with you. As its financial advisor, BVP will act on behalf of
the Company and will provide independent advice and counsel on issues of a financial nature pertaining to this engagement. BVP will report directly to you and will keep you apprised of our activities as you deem appropriate. In carrying out this
assignment, BVP will coordinate its efforts and work closely with the other key members of management and professionals retained to assist you and the Company in its overall program to achieve various corporate objectives. The services and
activities BVP anticipates performing over the course of this engagement for the Company can be generally described as follows: 
  
 Capital Procurement Plan 1. BVP will lead a brokered public financing in Canada to raise USD $2,000,000 within sixty (60) days of the signing of an agreement to do so, to
enable to the Company to execute its short term strategic objectives. Completion of this capital procurement plan within the stipulated timeframe is contingent upon required timelines for regulatory approval. We will harmonize these efforts with
ongoing corporate development and capital procurement strategies. To facilitate placement of this financing, BVP will assist the Company in the following manner: 
  

	•	Coordinate a Canadian TSX Venture Exchange listing for the Company; 

  

	•	Subscribe for a portion of the placement as lead investor, either directly or through BVP’s network of managed accounts; 

  

	•	Prepare a suitable business plan to aid in the solicitation of bankers and investors; 

  

	•	Prepare an executive summary and corporate fact sheet to aid in the solicitation of bankers and investors; 

  

	•	Prepare a research report to aid in the solicitation of bankers and investors; 

  

	•	Prepare a PowerPoint presentation to aid in solicitation of bankers and investors; and 

  

	•	Coordinate a ‘beauty contest’ with BVP’s network of Canadian bankers to solicit proposals for the financing, including suitable market making activities, research
coverage and compensation; 

  

	•	Participate in all banker/investor meetings with the Company’s management; and 

	•	Advise the Company as to maximizing value in all pertinent situations, including evaluation of alternative financing vehicles such as equity and convertible debt and evaluation of
competing proposals. 

  
 Capital Procurement Plan 2. BVP will
coordinate a NASDAQ listing and financing to raise at least USD $5,000,000 within six (6) months of completion of Capital Procurement Plan 1, to enable the Company to execute its intermediate and long term strategic objectives. Completion of this
capital procurement plan is within the stipulated timeframe is contingent upon required timelines for regulatory approval. We will harmonize these efforts with ongoing corporate development and capital procurement strategies. To facilitate this
financing and a NASDAQ listing, BVP will assist the Company in the following manner: 
  

	•	Coordinate a ‘beauty contest’ with BVP’s network of US institutional bankers to solicit proposals for listing and financing the Company on NASDAQ;

  

	•	Participate in all banker/investor meetings with the Company’s management; and 

  

	•	Advise the Company as to strategies to maximize value in all pertinent situations, including evaluation of competing sponsorship proposal. 

  
 Regulatory Services. BVP will provide the Company with all required regulatory
services to complete a financing on the TSX Venture Exchange and subsequent migration to the NASDAQ. These services will include, but are not limited to, registration with applicable exchanges, preparation of regulatory filings, and coordination of
legal and accounting services as required. For clarity, outside legal, accounting and/or advisory expenses related to regulatory services provided by BVP will be borne by, and to the benefit of, the Company. These expenses shall be approved by the
Company in advance. 
  
 Corporate Structure and Merger & Acquisition
Services. At the request of the Company, BVP will also serve as advisor to the Company in connection with strategic initiatives in respect of corporate structure and merger and acquisition activities. In this regard, BVP will advise and assist
the Company in executing a strategy to provide a capital structure to meet minimum NASDAQ listing requirements. BVP will also be available to assist the Company in completing the purchase and/or acquisition of all or part of any third party
organization, its assets, or securities, synergistic with the Company’s overall strategic plan. We will harmonize these activities with the capital procurement plans outlined above. 
  
 General Advisory Services. At the request of the Company, BVP will also serve as advisor to the Company in connection with any areas
of development or strategy not expressly stipulated in this Engagement Letter. In this regard, BCP will advise and assist the Company with respect to specific items identified by the Company. Depending on the scope and magnitude of such requests,
BVP reserves the right to request a separate and discrete engagement agreement for such requests. We will harmonize these activities with the capital procurement and corporate structure and merger and acquisition plans outlined above. 
  
 The possible services and tasks listed above are reflective of the overall commitment BVP is
prepared to make to assist the Company through its next critical growth stage. The list is representative of the type of work to be undertaken by BVP, in order for the Company to achieve its business objectives. It is based on BVP’s present
understanding of the Company’s circumstances, requirements and goals and, as such, is subject to modification and adjustment in the event that those factors change. Many of the activities outlined are interrelated, subject to iteration and
continuing in nature. 

 Significant effort and experience will be required to organize, sequence and coordinate all of the foregoing activities
to the best advantage of the Company. We believe that BVP possesses such expertise and is prepared to dedicate the time and resources required to the job properly and professionally on a ‘best efforts’ basis. No assurance can be given to
the Company that BVP will be successful in any event with respect to any aspect of our engagement, notwithstanding our best efforts. 

 Compensation Arrangements 
  
 Retainers and Expenses. In consideration for acting as financial advisor to the Company in this engagement, BVP will be paid in
advance a monthly retainer of fifteen thousand five hundred dollars ($15,500) on the ninth day of each month of this six (6) month agreement throughout the duration of our agreement. We would request that the February 9, 2004 retainer be delivered
to BVP at the execution of this engagement agreement. It is also contemplated that reimbursement for all reasonable expenses incurred by BVP in connection with this engagement will be paid promptly by the Company to BVP as submitted. These expenses
will represent actual out of pocket expenses (not allocations of general corporate expenses) and shall be approved by the Company in advance. 
  
 Common Stock Purchase Warrants. In addition, because of the anticipated intensity of commitment required by this contemplated assignment and relationship, BVP also
requests that it be granted warrants (the “Warrants”) to acquire such number of shares of the outstanding common stock of the Company equal to two percent (2%) of the equity capital structure of the Company on a fully diluted, fully
converted basis as of the date of our engagement. The Warrants will contain a per share exercise price which is equal to the per share fair market value of the Company as of the date of our engagement as evidenced by the closing bid price per share
of the Company’s common stock as of February 9, 2004 as reported on the NASDAQ pink sheet OTC quotation system and will expire five (5) years from the signing of a Warrant Agreement. Furthemore, the Warrants will incrementally vest in
accordance with the following schedule: 
  

			
	 Incremental Percentage of the
 Warrants Vesting

	  	 Accomplishment of Event Causing Warrants
 To Vest (the “Warrants Vesting Event”)

	One-half percent (0.5%) of the equity capital structure of the Company, fully diluted	  	Execution of the Engagement Agreement
		
	Additional, incremental three-quarters of a percent (0.75%) of the equity capital structure of the Company, fully diluted	  	Successful completion of Capital Procurement Plan 1
		
	Additional, incremental three-quarters of a percent (0.75%) of the equity capital structure of the Company, fully diluted	  	Successful completion of Capital Procurement Plan 2

  
 It is expressly understood by both
parties that the aforementioned Warrants Vesting Events are separate and discrete activities. To this end, the parties agree that if some, but not all, of the Warrants Vesting Events are not accomplished by BVP, nonetheless the incremental portion
of the Warrants due BVP based on the foregoing schedule will accordingly vest. However, should BVP accomplish all of the Warrants Vesting Events, BVP will vest and receive Warrants equal to two percent (2%) of the equity capital structure of the
Company on a fully diluted, fully converted basis as of February 12, 2004, as mutually agreed upon. Finally, other details pertaining to the Warrants will be delineated in a formal Warrant Agreement to be executed by the Company and BVP within ten
(10) days following execution of this engagement agreement. 

 Contingent Advisory Fees 
  

Capital Procurement Plans and Third Parties by BVP. Because you have requested BVP: 1) to procure capital in various stages (whether debt, equity, or a
combination thereof); 2) and/or to assist the Company in its acquisition of the assets or securities of one or more third parties, synergistic with the Company’s strategic and related capital plan, BVP will charge the Company contingent
advisory fees tied to all such transactions (the “Transactions”) arising in connection with our engagement. Fees for completing each such Transaction, payable to BVP by the Company, will be based upon a success formula (the “Success
Fee”) equal to two percent (2%) of the value of each Transaction (or traunche thereof). The payment of any Success Fee to BVP by the Company shall be made at the time of the closing of each such Transaction (or traunche thereof), giving rise to
the Company’s Success Fee obligation due to BVP. 
  
 Confidentiality

  
 In connection with BVP’s services, the Company will furnish (or
cause to be furnished) to BVP such information and data as is within the Company’s possession or control and relating to the Company as BVP reasonably deems necessary or reasonably requests in order to complete its assignments for the Company.
BVP will keep and maintain all non-public information which it receives or develops concerning the Company confidential and will disclose such information only as required by law. The Company recognizes and confirms that in the performance of its
services hereunder: (i) BVP may rely upon information provided by the Company without independent verification; (ii) BVP shall incur no liability as a result of such reliance; and (iii) BVP does not assume responsibility of the accuracy of
completeness of such information, whether or not it makes an independent verification. BVP will obtain the Company’s written consent before any confidential, non-public information is disclosed to any third party unless such disclosure is
required by law. 
  
 Indemnification and Limitation of Liability

  
 In consideration of BVP’s agreement to act on the Company’s
behalf in connection with this advisory engagement, the Company agrees to indemnify and hold harmless BVP and its officers, directors, agents, employees and partners from and against any loss, claim, damage, liability, or expense (including
reasonable counsel fees and expenses) arising out of or to which BVP may become subject as a result of the reckless or grossly negligent conduct or activities of the Company and/or its officers, directors, agents, and employees, or based on any
statements regarding the Company made by the Company itself and/or officers, directors, agents, and employees which any of the foregoing know or should have reasonably known were materially false or materially misleading at the time of that
statement was made. The Company agrees to promptly reimburse BVP for and legal or other expenses as incurred in connection with an investigation or defending any such loss, claim, damage or liability (or action in respect of). In no event shall BVP
be liable for acting in accordance with instructions from the Company or any entity or person authorized to act on its behalf. 
  
 Effectiveness and Termination 
  
 As recited above, the effective date of this engagement shall be February 9, 2004. This engagement will terminate automatically on August 9, 2004, unless otherwise
extended by mutual written agreement. In the event of such automatic termination, BVP shall be entitled to all compensation due through the date of the termination, including base and contingent advisory fees as specified earlier in this letter, as
well as all unpaid out-of-pocket expenses. BVP shall also be entitled to contingent advisory fees, as outlined above, for transactions originating during and in the course of this engagement and completed within eighteen (18) months from the date of
automatic termination of this agreement. 

 Miscellaneous 
  
 This agreement may not be amended or modified except in writing and shall be governed and construed in accordance with the laws of the State of Colorado. The indemnity,
confidentiality, and reimbursement provisions contained herein shall remain in full force and effect in the event of termination. The invalidity, legality or enforceability of any other provision. If any provision is held to be unenforceable as a
matter of law, the other provisions shall not be affected thereby and shall remain in full force and effect. 
  
 Please confirm that the foregoing proposal is in accordance with our understanding and is acceptable to you by signing and returning to BVP the enclosed duplicate original engagement letter. We look forward to a
successful relationship, culminating in the attainment of these mutually desirable objectives on behalf of the Company. 
  

							
	 Sincerely
	 	 Agreed to and accepted:

		
	 BOLDER VENTURE PARTNERS, LLP
 CORPORATION
	 	POLAR MOLECULAR
				
	 By:
	 	   /s/ Daryl Yurek

	 	 By:
	 	   /s/ Mark Nelson

	 	 	 Daryl Yurek, Managing Partner
	 	 	 	 Mark Nelson, President and CEO

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