Document:

iaso_ex106.htm

EXHIBIT 10.6

  

AMENDMENT TO THE RESEARCH AGREEMENT BETWEEN IASO BIOMED US INC.,

AND THE RESEARCH INSTITUTE OF THE MCGILL UNIVERSITY HEALTH CENTRE

 

This Amendment Number One (this “Amendment”), effective January 8, 2017, to the Research Agreement between IASO Biomed, Inc., and the Research institute of the McGill University Health Centre, effective January 8, 2016,

 

IS ENTERED INTO BY AND AMONG:

 

The Research Institute of the McGill University Health Centre, a legal person duly constituted  having a place of business at 2155 Guy Street, Suite 500, Montreal, Quebec, H3H 2R9, Canada, represented by Cinzia Raponi CPA, CMA, General Director, Administration, duly authorized for the purposes hereof as she so declares;

 

(hereinafter referred to as “Institute”)

 

and 

 

IASO Biomed US Inc., with a place of business located at 7315 East Peakview Avenue, Centennial, Colorado 80111 (“hereinafter referred to as IASO Biomed US Inc”)

 

PREAMBLE

  

WHEREAS Research Program is subject in the Research Agreement executed between IASO Biomed US Inc., and the Institute, effective as of January 8, 2016 (the “Research Agreement”); 

 

WHEREAS Research Program has been completed as determined by receipt by IASO Biomed US Inc., of the Final Report pursuant to Paragraph 4.2 in the Research Agreement; 

 

WHEREAS IASO Biomed, Inc., has provided support in the form of a $130,000 investment for the Research Program (capitalized terms used herein, but not defined, shall have the meaning ascribed to them in the Research Agreement) pursuant to which the researcher affiliated with the “Institute” has conducted a series of research activities;

 

WHEREAS the funding of the Research Program is subject to certain terms and conditions set forth in the Research Agreement; 

 

WHEREAS Institute and IASO Biomed US Inc., agree that the Research Program shall continue in accordance with Exhibit A, incorporated in the Research Agreement 

 

WHEREAS the Parties agree to extend the term the Research Agreement and continue the Research Program from March 1st, 2017 to March 31st, 2018;

 

WHEREAS the Parties wish to amend the Research Agreement to reflect this extension of the term; 

 
	 
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NOW, THEREFORE, in consideration of mutual promises, and subject to the terms and conditions herein contained, the Parties hereby agree as follow:

 

1. DEFINITIONS 

 

In this Amendment, if not otherwise defined, the capitalized words and phrases shall have the meaning ascribed to them in the Research Agreement.

 

2. EXTENSION OF THE TERM 

 

	2.1.	The term of Research Agreement shall be extended from March 1st, 2017 to March 31st, 2018. 
	
 
	
 

	2.2.	Section 3.1, of the Research Agreement shall apply for the term of this Amendment with an additional budget of $130,000 US “Funding Amount” to be applied in the same manner and in accordance with Exhibit B to the Research Agreement;
	
 
	
 

	2.3.	The Funding Amount will be paid in three installments as set forth below:

  

	
 
	(a)	Twenty Thousand US Dollars (US$20,000.00), of the Funding Amount, will be payable by IASO Biomed US Inc., as soon as practicable following execution of this Agreement and IASO Biomed US Inc.’s receipt of an invoice from Institution;
	
 
	
 
	
 

	
 
	(b)	Fifty-five Thousand US Dollars (US$55,000.00), of the Funding Amount, will be payable by IASO Biomed US Inc at the Study midpoint as evidenced by an Interim Report satisfactory to IASO Biomed US Inc., delivered to IASO Biomed US Inc., but not later than June 30, 2017 and within twenty (20) days of IASO Biomed US Inc.’s receipt of an invoice by the Institution, and
	
 
	
 
	
 

	
 
	(c)	Fifty-five Thousand US Dollars (US$55,000.00), of the Funding Amount, will be payable by IASO Biomed US Inc., at the Study at the third quarter as evidenced by an Interim Report satisfactory to IASO Biomed US Inc., delivered to IASO Biomed US Inc., but not later than September 30, 2017 and within twenty (20) days of IASO Biomed US Inc.’s receipt of an invoice by the Institution.

 

	2.4.	The Research specifically applicable to the extension period are set out in the Exhibit A in the Research Agreement;

 
	 
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3. GENERAL

 

	3.1.	No Other Modification. Unless modified by this Amendment, the remainder of the Research Agreement remains unchanged;
	
 
	
 

	3.2.	Governing Law. Any disputes or claims arising under this Amendment shall be governed by the laws of the Province of Quebec and the laws of Canada applicable therein, without regard to conflicts of laws principles. The Parties hereby acknowledge that the Courts of the Province of Quebec, Canada, shall have exclusive and preferential jurisdiction to entertain any complaint, demand, claim or cause of action whatsoever arising out of this Agreement. The Parties hereby agree that if either of them commences any such legal proceedings, they will only be commenced in the Courts of the Province of Quebec, Canada, and hereby irrevocably submit to the exclusive jurisdiction of said Courts.
	
 
	
 

	3.3.	Notices. All written communications including any notice, payment or report, required or permitted under this Amendment, shall be deemed to have been sufficiently given if mailed by prepaid, first-class mail to the following addresses or such other persons or addresses as shall hereafter be furnished by written notice to the other parties:

 

If to Institution:

 

The Research Institute of the McGill University Health Centre

2155 Guy Street, 5th Floor

Montreal QC H3H 2R9, Canada

Attention: Ms. Cinzia Raponi, CPA, CMA

General Director, Administration

 

If to IASO Biomed US Inc: 

 

7315 East Peakview Avenue, 

Centennial, 

Colorado 80111, USA 

Attention: Mr. Richard Schell

 

	3.4.	Integration Clause. This Amendment and the Research Agreement represents and embodies all the agreements and negotiations between the parties hereto and no verbal agreements or correspondence prior to the date of execution of this Amendment shall be held to vary the provisions hereon.
	
 
	
 

	3.5.	Modifications and Changes. This Amendment and the research contemplated hereunder may not be amended, modified or extended unless by the mutual written consent of the parties hereto. Such consent shall be in writing and shall be executed by the parties prior to the time such amendment, modification or extension shall take effect.
	
 
	
 

	3.6.	Language. The Parties hereto agree that this document be drawn up in English. Les Parties aux présentes conviennent que ce document soit rédigé en anglais.

 
	 
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IN WITNESS WHEREOF, the Parties have caused this Amendment to be executed by their respective duly authorised representatives.

  

	
IASO BIOMED US INC. 
	
 
	
THE RESEARCH INSTITUTE OF THE MCGILL UNIVERSITY HEALTH CENTRE 

	
 
	
 
	
 
	
 
	
 
	
 

	
By:
	/s/ Richard M. Schell	
 
	
By:
	
/s/ Cinzia Raponi
	
 

	
Name:
	
Richard M. Schell
	
 
	
Name:
	
Cinzia Raponi, CPA, CMA
	
 

	
Title:
	
Chief Executive Officer
	
 
	
Title:
	
General Director, Administration
	
 

	
 
	
 
	
 
	
 
	
 
	
 

	
Date:
	
March 24, 2017
	
 
	
Date:
	
March 24, 2017
	
 

  

	 
	
4EX-10.1

 Exhibit 10.1 

SHARE PURCHASE AGREEMENT 

THIS SHARE PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of March 22, 2017, by and
between American Homes 4 Rent, a Maryland real estate investment trust (the “Company”), and B. Wayne Hughes, as Trustee of the B.W. Hughes Living Trust (“Purchaser”). 

WHEREAS, the Company proposes to undertake an underwritten offering (the “Offering”) of Class A common
shares of beneficial interest, par value $0.01 per share (the “Shares”) pursuant to a registration statement on Form S-3 (the “Registration Statement”) filed pursuant to the
Securities Act of 1933, as amended (the “Securities Act”); and 
 WHEREAS, Purchaser desires to purchase
Shares directly from the Company in a private transaction as set forth herein. 
 NOW, THEREFORE, in consideration of the
foregoing and the mutual representations, warranties, covenants and agreements set forth herein, the parties hereto, intending to be legally bound hereby, agree as follows: 

1. Purchaser hereby agrees to purchase directly from the Company on the terms set forth herein such number of Shares as equals
$50,000,000 divided by $22.80, the public offering price, for a total price of $50,000,000. 
 2. Purchaser understands and
agrees that his purchase of Shares hereunder is being made pursuant to a private placement exempt from the registration requirements of the Securities Act and the Shares purchased hereunder may not be sold, transferred or conveyed by Purchaser
except in compliance with applicable securities laws. 
 3. The purchase price for the Shares shall be paid by means of a
cash payment (wire transfer or other means acceptable to the Company) and shall close at the time of closing of the Offering. The closing of the sale of Shares to Purchaser shall be conditioned solely on the closing of the Offering. 

4. Purchaser hereby agrees that his purchase of Shares may be described in the Registration Statement and the final prospectus
forming a part of the Registration Statement for the Offering. 
 5. Purchaser hereby represents and warrants to the Company
that: 
 a. Purchaser is, and at the time of closing of the purchase of Shares by Purchaser will be, an Accredited Investor
as that term is defined in Rule 501 of Regulation D under the Securities Act; and 
 b. Purchaser has received all
information he deems relevant or necessary with respect to his purchase of Shares. 
 6. This Agreement shall terminate if
the closing of the Offering shall not have occurred on or before March 31, 2017. 
 7. This Agreement may be executed
in two or more counterparts, each of which shall be deemed an original, but which taken together shall constitute one and the same agreement. 

8. This Agreement shall be governed by the laws of the State of Maryland. 

 IN WITNESS WHEREOF, this Agreement has been entered into effective as of the date
first written above. 
  

			
	 AMERICAN HOMES 4 RENT

		
	 By:
	 	 /s/ David P. Singelyn

	 Name:
	 	 David P. Singelyn

	 Title:
	 	 Chief Executive Officer

	
	 B. WAYNE HUGHES, as Trustee for the B.W. Hughes Living Trust

	
	 /s/ B. Wayne Hughes

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