Document:

Independent Contractor Agreement

 Exhibit 10.2 
 EXECUTION COPY 
  
 INDEPENDENT CONTRACTOR AGREEMENT 
  
 THIS
INDEPENDENT CONTRACTOR AGREEMENT (the “Agreement”) is entered into as of the 18th day of October, 2005, by and between Ambergris, LLC, a West Virginia limited liability company (“Ambergris”) and Katin Radiation Therapy, P.A., a
Maryland professional corporation duly qualified to do business in West Virginia (the “P.A.”). 
  
 WITNESSETH: 
  
 1. Ambergris owns and operates a free standing radiation therapy center located at 2000 Foundation Way, Suite 1100, Martinsburg, West Virginia (the “Facility”). 
  
 2. The P.A. is in the business of providing professional medical services
within the specialty of radiation oncology through its duly licensed physician-employees (the “Physicians”). 
  
 3. Ambergris desires to engage the P.A. as an independent contractor upon the terms and conditions hereafter set forth to provide radiation oncology
services to patients at the Facility, and the P.A. desires to accept such engagement. 
  
 NOW, THEREFORE, in consideration of the mutual promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby mutually acknowledged, the parties hereto
agree as follows: 
  
 ARTICLE 1. RETENTION OF THE P.A.

  
 Commencing on the 1st day October, 2005 (the
“Commencement Date”), upon the terms and conditions set forth herein, Ambergris hereby retains the P.A. as an independent contractor during the Term, for the purpose of having the P.A. render radiation oncology medical services (referred
to hereafter as “Services”) to those members of the general public for whom such Services are to be provided at the Facility (referred to hereafter as “Patients”). 
  
 ARTICLE 2. DUTIES OF THE P.A. 
  

2.1 Professional Services. The P.A. agrees to provide, or arrange to be provided, Services at the Facility through such number of Physicians and
during such hours each day during each week during the term of this Agreement as may be necessary to meet Patient demands and needs, but in no event shall it provide less than four (4) hours of Services during each such weekday and otherwise at
all times in compliance with Section 3.5 and Section 3.6. The P.A. will also arrange to have a Physician on call during the Term of the Agreement such that the Physician will be accessible by telephone In rendering Services, the P.A. will
comply, and will cause each Physician employed by, or under contract to it to provide Services at the Facility to comply, with all policies, standards and regulations established by Ambergris, including any and all credentialing requirements,
quality assurance, and utilization review procedures which are imposed or instituted by Ambergris. The P.A. will also comply, and will cause each Physician to comply, with such standards of care in the community, professional ethics, standards,
regulations, administrative instructions, and practices as may be adopted from 

 
time to time by all relevant local, State and federal regulatory agencies, professional associations and societies, and accrediting agencies having
jurisdiction over the Facility, Ambergris, the P.A., or the Physicians, and the requirements of all managed care organizations. 
  
 2.2 Additional Duties. The duties of the P.A. and the Physicians shall also include, without limitation, promoting the consistency of Services and
standardization and uniformity of the administration of Services, providing efficiency in the operation of the Facility, evaluating diagnostic tests and treatment results and providing therapeutic care, supervising the hiring and training of medical
staff and technical staff, establishing and maintaining the required treatment protocols, evaluating the appropriateness of radiation oncology treatments for Patients, assisting the Facility’s billing staff to obtain pre-approval from insurance
carriers, and supervising the actual Services and any follow-up Services. 
  
 2.3 Group Practice. The P.A. hereby confirms that it is, and agrees that it will continue to be, a group practice as defined under 42 U.S.C. §1395nn and the regulations issued thereunder (the
“Stark Act”); that its Group Provider Number is 649L and Federal Identification Number 52-2110080, the P.A. hereby further confirms that it has required, and agrees that it will require, each Physician to assign to it its right to
bill the Medicare, Medicaid and other governmental programs and Payors as defined in Section 2.20 of this Agreement. 
  
 2.4 Medical Records. The P.A. shall cause the Physicians to timely document and maintain appropriate medical records relating to all Services
rendered by the Physicians under this Agreement. 
  
 2.5
Reports. The P.A. will cause the Physicians to timely prepare and submit such additional reports as may be required by Ambergris from time-to-time. 
  
 2.6 Credentials. The P.A. will cause each Physician to maintain at the Facility a current and bona fide copy of Physician’s license to
practice medicine in the State of West Virginia and medical staff privileges and such other evidence of Physician’s training and authorization to perform his duties under this Agreement as Ambergris shall request. 
  
 2.7 Public Image. The P.A. shall cause each Physician to promote and
maintain for himself, for the P.A., and for Ambergris a public image and reputation of excellence in the health care community and the general public. 
  
 2.8 Timely Notice. The P.A. shall notify and shall cause each Physician to notify in a timely manner Ambergris of any event, including but not
limited to, any change in Physician’s physical or mental health, error, omission, action, act or alleged act of material practice, failure to act, or other incident or occurrence that may adversely affect any Physician, any Patient, the
Facility, and/or Ambergris. 
  
 2.9 Licensure. The P.A.
warrants and covenants that during the Term of this Agreement each Physician who provides Services at the Facility (i) has, and will maintain in good standing and without restriction during the Term of this Agreement, an unrestricted license to
practice medicine in West Virginia; (ii) is and will continue to be board certified (or board eligible with certification to be received within eighteen (18) months of the date on which Physician first becomes board eligible) in
therapeutic radiology by the American Board of 

  

 2 

 
Radiology with appropriate training in radiation oncology; and (iii) has and will maintain medical staff privileges at the facilities listed on
Schedule A. 
  
 2.10 Medicare/Medicaid and other
Programs. The P.A. shall maintain, and shall cause each Physician to maintain, its and Physician’s unrestricted eligibility to participate in the Medicare and Medicaid programs, as well as Physician’s eligibility to participate in such
other Payor Contracts as described in Section 2.20. 
  
 2.11
Other Duties. The P.A. shall cause each Physician to faithfully perform such additional duties, pursuant to the terms of this Agreement and the intent of the parties, as are reasonably related to Physician’s duties hereunder, to the best
of his ability and to the reasonable satisfaction of Ambergris. 
  
 2.12 Authority. Neither the P.A. nor the Physician shall have no authority to enter into any contracts binding upon Ambergris or to create any obligations or encumber any of the assets of Ambergris. 
  
 2.13 Compliance with Laws. In the performance of its responsibilities
under the Agreement, the P.A. shall comply and shall cause each Physician to comply with the requirements of all applicable Federal, state and local laws, rules and regulations, and published official interpretations of the foregoing, including
without limitation, those including the licensure and regulation of hospitals, outpatient diagnostic centers and physicians, and those prohibiting employment discrimination, discrimination against Patients, those prohibiting kick-backs and
remuneration for referral of Patients, and shall comply with the requirements of the Medicare and Medicaid programs, and the standards of any accrediting agency having jurisdiction over Ambergris, the P.A. or the Physician. 
  
 2.14 Malpractice Insurance. 
  
 2.14.1 Professional Liability Insurance. The P.A. will, at its sole
cost and expense, provide and maintain in good standing professional liability (“malpractice”) insurance during the Term of this Agreement covering each of the Physicians while such Physician is employed by, or under contract to,
the P.A. in the minimum amount of One Million Dollars ($1,000,000) per occurrence and Three Million Dollars ($3,000,000) in the aggregate, or such greater amounts as may be required by law. The P.A. shall promptly furnish Ambergris with a
certificate of such insurance upon the request of Ambergris. 
  
 2.14.2 Prior Acts Coverage. If the insurance coverage acquired under Subsection 2.14.1 above is claims made, and not occurrence coverage, then upon the termination of this Agreement for any reason whatsoever, the P.A. shall
secure and maintain in effect for its benefit, the benefit of the Physicians, and Ambergris, prior acts coverage (tail insurance coverage) for a period of seven (7) years after the date of termination, in the amount of malpractice insurance
coverage then in effect at the time of the termination of this Agreement for any acts of malpractice alleged to have been committed by the P.A. or any Physician during the term of this Agreement. The P.A. shall promptly provide, upon the request of
Ambergris, a certificate of such insurance. 
  

 3 

 2.15 P.A. Responsibility. The P.A. shall be responsible for the payment of all compensation and
benefits of every type and nature due the Physicians for providing the Services under this Agreement, including, for example (i) salaries and bonuses; (ii) all health, life, professional, medical, malpractice and disability insurance and
workers’ compensation insurance; (iii) all professional dues; (iv) all professional and medical licensure fees and expenses; (v) all beeper, answering services, paging and mobile phone expenses; (vi) all continuing medical
education costs; (vii) all travel and entertainment expenses; (viii) all FICA, Federal, withholding, Medicare and other taxes pertaining to the employment of the Physicians by the P.A.; (ix) all medical staff dues, journals,
publications, board certification fees; (x) federal, state or local income taxes of West Virginia; (xi) liability judgments against the P.A. or any of the Physicians; and (xii) all other expenses incurred by the P.A. and the
Physicians providing the Services. 
  
 2.16 Recruitment of
Physicians. The P.A. shall, at its sole cost and expense, be responsible for recruitment and retention of those physicians necessary to provide the Services under this Agreement. 
  
 2.17 Conduct of Medical Practice. The P.A. and the Physicians alone will be solely and exclusively responsible for,
and shall have exclusive control of, all aspects of the practice of medicine and the provision of Services to the Patients at the Facility. Ambergris shall not interfere with the exercise by the Physicians of their professional judgment, nor with
Ambergris interfere with, control, direct, or supervise the Physicians or any other professional in connection with the care and treatment of the Patients. 
  
 2.18 Quality Management. Continuous Improvement Risk Management, Utilization Review and Cost Containment. The P.A. shall, and shall cause each
Physician to, assist them and cooperate with quality management, continuous improvement, risk management, utilization review and cost containment policies, procedures and programs adopted periodically by Ambergris. 
  
 2.19 Medical Director. During the Term of this Agreement, a Physician
selected by the P.A., with the approval of Ambergris, which approval shall not be unreasonably withheld, shall serve as the medical director of the Facility. Such services performed by such Physician as an employee of the P.A. and not as an employee
of Ambergris. The medical director shall work with Ambergris in creating and implementing medical quality assurance programs and utilization review programs with respect to the provision of Services at the Facility and to assure that the Physicians
comply with such medical quality assurance programs and utilization review programs at the Facility. The medical director will also advise the P.A. and Ambergris with an on-going assessment of staffing needs and adjustments as appropriate to meet
the needs of the Patients and the obligations of the P.A. hereunder and to work with Ambergris to continuously improve Patient relations, and referring Physician and Facility relations. 
  
 2.20 Payor Contracts. If Ambergris elects to accept a Payor Contract, as hereafter defined, then the P.A. shall, and
cause each Physician to, execute and deliver such agreement or otherwise become a participating provider under such Payor Contract. The P.A. shall assist Ambergris in securing such Payor Contracts as Ambergris shall request or otherwise designate.
For purposes hereof, a “Payor Contract” is an agreement for the provision of health care services 

  

 4 

 
where the health maintenance organization, preferred provider organization, exclusive provider organization, employer, or other third party payor is
obligated for the provision of, or payment, or reimbursement for, the provision of health care services including professional radiation therapy services, and the professional and technical components thereof. 
  
 2.21 Removal. The P.A. shall promptly, and thereafter continuously,
prohibit any Physician from providing Services under this Agreement at the Facility when and if (i) requested to do so in writing by Ambergris, or (ii) such Physician is in violation of any of the P.A.’s warranties and representations
in this Agreement as they apply to such Physician. 
  
 2.22
Referral Disclaimer. The amounts paid by Ambergris hereunder have been determined by the parties through good faith and arms’-length bargaining to be the fair market value for the Services. The fees have not been determined in any manner
that takes into account the volume or value of any potential referrals between the parties. No amount paid hereunder is intended to be nor shall it be construed to be, an inducement or payment for referral of patients or other business generated
between the parties. In addition, the amount charged hereunder does not include any discount, rebate, kickback or the reduction in charge, and the amount charged is not intended to be, nor shall it be construed to be, an inducement or payment for
referral of Patients by Ambergris to the PA or any Physician, or by the P.A. or any Physician to Ambergris. 
  
 ARTICLE 3. DUTIES OF AMBERGRIS 
  
 3.1 Facility. Ambergris shall furnish and equip the Facility with appropriate equipment and furnishings as are normally found within a radiation therapy center within West Virginia, and as is otherwise required
to be contained therein by any governmental or quasi-governmental agency, or any accrediting agency, having jurisdiction over the Facility or Ambergris. 
  
 3.2 Personnel Services. Ambergris shall schedule all appointments for Patients seeking Services at the Facility and shall promptly advise the P.A.
of the dates and times of such Patients for whom it has scheduled an appointment. Ambergris shall also provide such personnel, including nurses, technical assistants, physicists, and such other personnel reasonably necessary to assist the P.A. when
the P.A. is providing Services to Patients. 
  
 3.3
Supplies. Ambergris shall supply to the P.A. for all Patients treated by the P.A. at the Facility all supplies and other disposable items required or requested by the P.A. to provide Services to, or to perform procedures on, the Patients
within the Facility. 
  
 3.4 Repairs to Equipment.
Ambergris shall be solely responsible for making, and shall promptly make, all necessary repairs to the equipment provided by it under this Agreement, and if such equipment is not repairable, Ambergris shall promptly replace such equipment with
equipment of equivalent function. Ambergris shall also, at its sole cost and expense, maintain the structural soundness of the exterior and interior of Facility, including the roof and exterior walls, and the electrical, air-conditioning and heating
systems located therein. Notwithstanding the foregoing however, the P.A. shall be responsible for any damages caused by the P.A., or its Physicians to any of the equipment or the Facility itself and any such damage shall be repaired or replaced by
the P.A. at its sole costs and expense. 
  

 5 

 3.5 Scheduling. Except for emergencies, the P.A. and Ambergris will use their best efforts to
jointly establish by Friday of each week a schedule of working hours for the P.A. and the Physicians for the following week, and if the P.A. and Ambergris cannot reach an agreement, then Ambergris’s determination will be binding on the P.A.

  
 ARTICLE 4. TERM 
  
 The term of this Agreement (“Term”) will commence on the
Commencement Date, will continue for a period of five (5) years thereafter (“Initial Term”), and automatically will be renewed for successive twelve (12) month periods (each a “Renewal Term”), subject to termination as
provided in Article 7 hereof. 
  
 ARTICLE 5. COMPENSATION

  
 As full compensation for Services rendered to Patients at
the Facility and for its performance of such other duties and responsibilities as are set forth in this Agreement, Ambergris will pay the P.A. an amount equal to (x) the actual costs incurred by the P.A. in connection with the Physicians
employed or otherwise engaged by the P.A. to provide services at the Facility plus (y) an amount equal to ten percent (10%) of such costs (the sum of the foregoing being referred to herein as the “Services Fees”). Services Fees
shall be payable to the P.A. not later than the tenth (10th) day of each month for services rendered in the
prior month. 
  
 ARTICLE 6. BILLING AND COLLECTION

  
 6.1 Billing and Collection. Ambergris, at its sole
discretion, but after consultation with the P.A., will establish fees, policies and procedures for billing and collecting for Services provided by the P.A. and for the technical component of the radiation therapy services provided at the Facility.
Ambergris will be solely responsible for billing and collecting, or arranging for billing and collection, from the Medicare and Medicaid programs, Patients and/or their third party payors and insurers all amounts owed for those Services provided by
the P.A. pursuant to this Agreement, as well as for the technical component of the radiation therapy services provided at the Facility. The P.A. hereby irrevocably assigns to Ambergris any right the P.A. may have to bill and collect for any and all
Services provided by Ambergris and Physicians to Patients at the Facility during the Term of the Agreement at the Facility. The P.A. will take all actions reasonably requested by Ambergris to implement the provisions of this Section 6.1. The
P.A. agrees that Ambergris shall have the right to bill the Medicare and Medicaid Programs in the P.A.’s name, using the P.A.’s group Medicare and Medicaid provider numbers, and if appropriate, the P.A.’s Federal Identification
Numbers. In furtherance hereof, the P.A. hereby appoints Ambergris as its agent and true and lawful attorney in fact for the following purposes: (i) to submit all claims and other documents necessary or appropriate for the timely and aggressive
billing for the Services, (ii) to collect, receive payment of, receipt for, and give discharges and releases for all claims for such healthcare and ancillary services; (iii) to make demand with respect to, settle, compromise, and adjust
such claims and to commence and prosecute either in its name or in the name of the P.A. and the Physicians, and for their mutual benefit any suit, action or proceeding to collect any such claims in accordance with sound risk management practices;
and (iv) to take possession of and endorse in the name of the Group or 

  

 6 

 
any of the Physicians any note, check, money order, insurance payment or any other instrument received as payment for such Services. 
  
 6.2 Deposit of Revenue. Ambergris shall deposit all proceeds collected
by it with respect to the provision of the services at the Facility in lockbox account (the “Practice Account”) in the name of the P.A., unless the name of the account may be maintained in the name of Ambergris, at a bank acceptable to
Ambergris. Any monies so deposited in the Practice Account shall be immediately transferred by Ambergris into an account or accounts in the name of Ambergris or its designee. The P.A., on behalf of itself and each Physician, agrees that any amounts
received by it or any Physician in respect of the Services provided at the Facility shall be held in trust for the benefit of Ambergris and deposited in the form received in the Practice Account immediately upon receipt by the P.A. or any Physician.
The P.A., on behalf of itself and each Physician, shall insure that all third parties make payments directly to the Practice Account. A monthly accounting of this revenue will be made available to the P.A. 
  
 6.3 Exclusive Compensation. In the event the P.A. or any Physician
receives any payment or other remuneration for any Services rendered by it or a Physician to a Patient at the Facility. The P.A. acknowledges that it is holding such payment in trust for the benefit of Ambergris and it will, and will cause the
Physician to, promptly turn such amounts over to Ambergris, with any attached documentation. The P.A. expressly agrees that the compensation received by it from Ambergris under article 5 will satisfy and discharge in full all of the P.A.’s and
the Physician’s claims upon Ambergris and/or any Patient and/or his/her third party payor or insurer for compensation in respect to Services provided by the P.A. and Physician at the Facility to Patients pursuant to this Agreement. The P.A. and
Physicians will not bill or seek to collect payments from any Patient, his/her third party payor or insurer for any Services rendered any Patient. The provisions of this Section 6.3 will survive the expiration or termination of this Agreement,
with or without cause. 
  
 6.4 Survival. The provisions of
this Article 6 will survive the expiration or termination, with or without cause, of this Agreement. 
  
 ARTICLE 7. TERMINATION OF THIS AGREEMENT 
  
 7.1 Either party may terminate this Agreement, without cause, at its sole discretion, by notifying the non-terminating party in writing of its intention
not less than ninety (90) days prior to the effective date of said termination as specified in such notice, which termination date must be the last day of a month. 
  
 7.2 This Agreement shall terminate immediately upon the liquidation or dissolution of the P.A. 
  
 7.3 Ambergris may terminate this Agreement immediately upon written notice to
the P.A. for “Cause.” For purposes herein Cause shall mean (a) any Physician’s (i) conviction of a felony, (ii) loss of or restrictions, or limitations placed on, his license to practice medicine in the State of West
Virginia, (iii) loss of his license(s) or certifications or registrations to dispense controlled substances, (iv) loss of his staff membership at the facilities described in Schedule A. (v) loss of his right to
participate as a provider in the Medicare, Medicaid or any other 

  

 7 

 
governmental program, (vi) loss of his right to participate in any managed care program in which the P.A. or Ambergris or any of the other Physicians
employed by, or under contract to, the P.A. or Ambergris participates, (vii) commitment of any act constituting willful misconduct, dishonesty, actionable negligence or fraud in violation of any policy governing Physician conduct as may be
established by Ambergris from time to time, or (viii) failure, inability or refusal to perform professional Services, or any other Service, duty or responsibility as required under this Agreement; or (b) the P.A.’s (i) loss of
its right to participate as a provider in the Medicare or Medicaid or any other governmental programs, (ii) revocation of its assignment to Ambergris of the P.A.’s right to bill the Medicare or Medicaid Program, or (iii) its failure
to observe or perform any of its covenants, agreements, warranties or representations in this Agreement. 
  
 7.4 The P.A. may terminate this Agreement if Ambergris fails to cure any default by it of its representations, warranties, or agreements hereunder within
twenty (20) days after written notice of such failure has been given to Ambergris by the P.A. 
  
 7.5 Upon the expiration or sooner termination of this Agreement, with or without cause, except as specifically provided for herein, neither party will owe
any duty or have any obligation to the other party. 
  
 ARTICLE
8. BOOKS AND RECORDS 
  
 8.1 Medical Records. Upon the
termination of the Agreement, with or without cause, the P.A. will be entitled to a copy of the medical records, case histories and charts of each Patient treated by the P.A. pursuant to this Agreement but only upon receipt of an authorization
signed by the patient to whom such records and charts relate. The P.A. will at all times during and after the termination of this Agreement be provided access to such medical records, charts, histories and any other pertinent information pertaining
to any Patient as is necessary for the P.A. to respond to (i) any complaint, law suit, or allegation concerning his alleged malpractice, over-utilization, or misappropriate utilization of Services rendered to any Patient, or, (ii) any
inquiry, investigation or allegation of any governmental agency, insurers, managed care organization or other third party payor. 
  
 ARTICLE 9. 
  
 9.1 Compliance with Laws. In the performance of the P.A.’s and Physician’s responsibilities under this Agreement, and in general in the
performance of Services on behalf of the Employer, the P.A. shall comply and shall cause the Physician to comply with the requirements of all applicable federal, state and local laws, rules and regulations, including without limitation those
respecting the licensure and regulation of physicians, and those prohibiting employment discrimination and discrimination against Patients, and shall comply with the requirements of the Medicare and Medicaid programs, and the applicable requirements
and standards of those managed care organizations with which the P.A., Ambergris or Physician has a managed care agreement. 
  

 8 

 9.2 Changes in Law. 
  
 9.2.1 Legal Event; Consequences. Notwithstanding any other provision of this Agreement, if any federal, state or
local governmental or nongovernmental agency, or any court or administrative tribunal passes, issues or promulgates any law, rule, regulation, standard, interpretation, order, decision or judgment (collectively or individually, “Legal
Event”) which, in the good faith judgment of either party (the Noticing Party”), renders this Agreement illegal or subjects the Noticing Party to a risk of prosecution or monetary penalty, or which, in good faith judgment of the Noticing
Party, indicates a rule or regulation with which the Noticing Party desires further compliance, then the Noticing Party may give the other party notice of intent to amend or terminate this Agreement in accordance with the next subparagraph.

  
 9.2.2 Notice of Requirements. The Noticing Party shall
give notice to the other party together with an opinion of counsel setting forth the following information: 
  
 (a) The Legal Event(s) giving rise to the notice; 
  
 (b) The consequences of the Legal Event(s) as to the Noticing Party; 
  
 (c) The Noticing Party’s intention to either:

  
 (i) terminate this Agreement due to
unacceptable risk of prosecution or monetary penalty; or 
  
 (ii) amend this Agreement, together with a statement that the purpose thereof is one or more of the following: 
  
 a. to further comply with any statutory provisions or rules or regulations created or affected by the Legal Event(s); and/or 

 
 b. to satisfy any licensure or certification
requirements created or affected by the Legal Event(s); and/or 
  
 c. to eliminate or minimize the risk of prosecution or monetary penalty; 
  
 (d) Noticing Party’s proposed amendment(s); and 
  
 (e) The Noticing Party’s request for commencement of the Renegotiation Period (as defined below).

  
 9.2.3 Renegotiation Period; Termination. In the event
of notice under either subparagraph A. or B. above, the parties shall, unless otherwise directed by court order, have thirty (30) days from the giving of such notice (“Renegotiation Period”) within which to attempt to amend this
Agreement in accordance with the Noticing Party’s proposal (if an) or otherwise as the parties may agree. If this Agreement is not so amended within the Renegotiation Period, this Agreement shall terminate as of midnight on the 30th day after
said notice was given. Except as otherwise required by applicable law, any amounts owing to either party hereunder shall be paid, 

  

 9 

 
on a pro rata basis, up to the date of such termination, and any obligation hereunder that is to continue beyond expiration or termination shall so continue
pursuant to its terms. All opinions of counsel presented by the Noticing Party hereunder, and any corresponding opinions given by the other party in response, shall be deemed confidential and given solely for purposes of renegotiation and settlement
of a potential dispute, and shall not be deemed disclosed so as to waive any privileges otherwise applicable to said opinions. 
  
 ARTICLE 10. INDEMNIFICATION 
  
 10.1 The P.A. Obligation to Indemnify. The P.A. hereby agrees to indemnify and hold harmless Ambergris, and its successors and assigns, and the
directors, officers, agents and employees of any of the foregoing (collectively, “Ambergris Indemnified Parties”), from and against any all proceedings, judgments, obligations, losses, damages, deficiencies, settlements, assessments,
charges, costs, and expenses, (including, without limitation, reasonable attorneys’ fees, paralegals’ fees, investigation expenses, court costs, interest, and penalties) arising out of or in connection with, or caused by, directly or
indirectly, any or all of the following (“Indemnified Matter”) whether suit is instituted or not and, if instituted, at any trial or appellate level, and whether raised by the parties to this Agreement or any third party: 
  
 10.1.1 Any misrepresentation, breach or failure of any warranty or
representation made by or on behalf of the P.A. in this Agreement or pursuant hereto. 
  
 10.1.2 Any failure or refusal by the P.A. to satisfy or perform any term, agreement, covenant, or condition of this Agreement required to be satisfied or performed by the P.A.. 
  
 10.1.3 Any acts of medical malpractice committed by the P.A. or any of its
Physicians. 
  
 10.1.4 Any inaccurate information furnished to
Ambergris as contemplated by this Agreement. 
  
 10.2 Ambergris
Obligation to Indemnify. Ambergris hereby agrees to indemnify and hold harmless the P.A., its successors and assigns and the directors, officers, agents and employees of the P.A. (collectively, the “the P.A. Indemnified Parties”) from
and against any and all proceedings, judgments, obligations, losses, damages, deficiencies, settlements, assessments, charges, costs and expenses (including without limitation, reasonable attorneys’ fees, paralegals’ fees, investigation
expenses, court costs, interest and penalties) arising out of, or in connection with, or caused by, directly or indirectly, any or all of the following matters (“Indemnified Matter”) whether suit is instituted or not and, if instituted, at
any trial or appellate level, and whether raised by the parties to this Agreement or any third party: 
  
 10.2.1 Any misrepresentation, breach or failure of any warranty or representation made by or on behalf of Ambergris in this Agreement or pursuant hereto;
or 
  

 10 

 10.2.2 Any failure or refusal by Ambergris to satisfy or perform any term, agreement, covenant or
condition of this Agreement required to be satisfied or performed by Ambergris. 
  
 10.3 Defense of Actions. Each party (“indemnifying party”) shall be solely responsible, at their expense, for litigating, defending or otherwise attempting to resolve any Proceeding against which any
other party is indemnified under this Article 12 (“indemnified party”), except that: (i) the indemnified party shall have the right to participate in the defense of any such proceeding at its expense and through counsel of its
choice; (ii) indemnified party may at its option, defend or otherwise attempt to resolve, any Proceeding against which any indemnified party is indemnified under this Article 12 if the indemnifying party does not promptly and diligently
defend or otherwise attempt to resolve any such proceeding or if such indemnified party, in good faith, believes that the defense or resolution of such proceeding might adversely affect its relations with a patient, customer or supplier, in which
event indemnifying party shall continue to be obligated to indemnify the indemnified party hereunder in connection with such Proceedings; and (iii) the indemnifying party shall not agree to any settlement without the indemnified party’s
express prior written consent; provided that if indemnified party rejects a monetary settlement proposed in writing by indemnifying party, indemnifying party may elect to pay such amount to the indemnified party and, upon doing so, shall be relieved
of all further obligations to defend and indemnify indemnified party with respect to that matter. 
  
 10.4 Notices and Payments. With respect to each separate matter or series of matters against which a party is indemnified under this
Article 12: 
  
 10.4.1 Upon the indemnified party’s
receipt of written documents pertaining to the Proceeding underlying such matter or series of matters, or, if such matter or series of matters does not involve a third party demand claim, after the indemnified party’s first learning of such
matter or series of matters and the amount demanded or claimed in connection therewith, the indemnified party shall give notice to indemnifying party of such documents and information as he shall have so received. 
  
 10.4.2 After a final agreement is reached or a final Judgment is rendered
(i.e., a judgment with respect to which all rights of appeal have been exhausted or time to exercise same has expired) with respect to such matter or series of matters or the amount owing by indemnifying party pursuant to this Article 12 as a
result of such matter or series of matters, is otherwise determinable in whole or in part, indemnified party shall give notice to indemnifying party of the amount owing by indemnified party (“Indemnification Amount”) with respect to such
matter or series of matters (“Indemnification Payment Notice”). 
  
 10.4.3 Indemnifying party shall pay the Indemnification Amount to indemnifying party (or to such Person as indemnified party instructs) within ten (10) days after the Indemnification Payment Notice was given.

  
 ARTICLE 11. STATUS OF THE P.A. 
  
 It is expressly acknowledged by the parties hereto that the P.A. is an
“independent contractor” and nothing in this Agreement is intended nor shall be construed to create an 

  

 11 

 
employer/employee relationship, a joint venture relationship or partnership, or landlord/tenant relationship, between Ambergris and the P.A., or to allow
Ambergris to exercise control or direction over the manner or method by which the P.A. performs the services which “ are the subject matter of this Agreement; provided, always, that the services to be furnished hereunder by the P.A. shall be
provided in a manner consistent with the standards governing such services and the provisions of this Agreement. At no time shall the P.A., or anyone providing services under this Agreement on the P.A.’s behalf, represent or hold himself or
herself out to be an employee, agent, or servant of Ambergris or to be providing services hereunder in other than a contractual capacity. The P.A. understands and agrees that (i) the P.A. and its employees will not be treated as
Ambergris’s employees for federal tax purposes, (ii) Ambergris will not withhold on behalf of the P.A. or such employees pursuant to this Agreement any sums for income tax, unemployment insurance, social security, or any other withholding
pursuant to any law or requirement of any governmental body relating to the P.A., or make available to the P.A. or its employees any of the benefits afforded to employees of Ambergris, and (iii) all of such payments, withholdings, and benefits,
if any, are the sole responsibility of and shall be effected by the P.A. In the event the Internal Revenue Service or any other governmental agency should question or challenge the independent contractor status of the P.A., the parties hereto
mutually agree that Ambergris and the P.A. shall have the right to participate in any discussion or negotiation occurring with such agency or agencies, irrespective of by whom such discussions or negotiations are initiated. 
  
 ARTICLE 12. MISCELLANEOUS 
  
 12.1 Entire Agreement. This Agreement contains the entire agreement
between the parties and supersedes all prior negotiations or agreements, whether written or oral, between them with respect to the matters set forth herein. 
  
 12.2 Recitals. The Recitals at the beginning of this Agreement are true and correct, and are incorporated into this Agreement. 
  
 12.3 Binding Effect. This Agreement is binding upon and will inure to
the benefit of the parties, their heirs, personal representatives, successors and assigns. 
  
 12.4 Additional Documents. Both parties hereto agree to execute in an expeditious manner all instruments in writing and to do all other things necessary to effectuate the purpose of this Agreement. 

 
 12.5 Governing Law and Venue. This Agreement will be construed and
enforced in accordance with the laws of the State of West Virginia. The parties hereto waive any objection to the local, State and federal courts whose jurisdiction includes the County in West Virginia in which the Facility is located, as being the
proper and convenient venue for the litigation of any matter which might arise between them relating to this Agreement. 
  
 12.6 Assignability. Inasmuch as this is an agreement for the P.A.’s and Physician’s provision of its/his personal services, the P.A. may
not assign any of its rights or delegate any of its duties hereunder without Ambergris’s prior written consent, which may be withheld at its sole discretion, and any attempt to do so will be void. 
  

 12 

 12.7 Section Headings. The section headings contained in this Agreement are for convenience of
reference only and will not be used for substantive purposes. 
  
 12.8 Attorneys’ Fees. In the event that either party hereto finds it necessary to employ the services of an attorney to enforce any of his/its rights hereunder, each party will be responsible for all of those costs he/it incurs
including, but not limited to, attorneys’ fees and all costs incurred as a result of such enforcement action and all appeals thereof. 
  
 12.9 Severability. Should any part of this Agreement be declared invalid or unenforceable for any reason, such decision shall not affect the
validity of the remainder of this Agreement, which will remain in full force and effect and enforceable in accordance with its terms. 
  
 12.10 Waiver of Breach. The waiver by either party of a breach or violation of any provision hereunder will not constitute a waiver of any prior,
simultaneous, or subsequent breach of the same or any other provision hereof. 
  
 12.11 Gender and Number. Whenever the context requires, the gender of all words will include the masculine, feminine, and neuter, and the number of all words will include the singular and the plural.

  
 12.12 Notices. Any notice or other communication
required or which may be given hereunder shall be in writing and shall be delivered personally, sent by certified mail, postage prepaid, return receipt requested or by a nationally recognized overnight courier, and shall be deemed given when so
delivered personally or by facsimile, or if mailed, five (5) days after the date of mailing as follows: 

			
		
	 If to Ambergris:
	  	 Ambergris, LLC
 2000 Foundation Way, Suite 1100
 Martinsburg, West Virginia
 Attention: Daniel E. Dosoretz, M.D.

		
	 If to the P.A.:
	  	 Katin Radiation Therapy, P.A.
 2234 Colonial Boulevard
 Fort Myers, Florida 33907
 Attention: David Koeninger

		
	 With a copy to:
	  	 Garfunkel, Wild & Travis, P.C.
 111 Great Neck Road, Suite 503
 Great Neck, New York 11021
 Attention: Norton L. Travis, Esq.

  
 12.13
Amendment. This Agreement may be amended only by a writing signed by both parties. 
  
 12.14 Counterparts. This Agreement may be signed in any number of counterparts, each of which will be an original, but all of which taken together will constitute one and the same instrument. 
  

 13 

 12.15 Independent Judgment. Nothing in this Agreement will be construed or applied in any manner
so as to relieve Physician of or interfere with or impede Physician’s legal and ethical obligations to exercise his independent medical judgment, serve as an advocate for each Patient, and take such actions as are in the best interests of each
Patient. 
  
 12.16 No Breach. Ambergris and the P.A. each
warrants and represents to the other that entering into this Agreement will not cause that party to breach any contract, agreement, understanding or other commitment to which it is a party, third party beneficiary, or third party obligor.

  
 12.17 Construction. Nothing in this Agreement will be
construed against one party as the drafter, proponent, or maker thereof. This Agreement will be construed with an irrefutable presumption that all of its terms were negotiated between and drafted by both Ambergris and the P.A. 
  
 12.18 Special Medicare Rules. Since the value or cost of services
provided under this Agreement may be Ten Thousand Dollars ($10,000) or more within a twelve (12) month period, the P.A. agrees to comply with the Access to Books, Documents and Records of Subcontractors provision of Section 952 of the
Omnibus Budget Reconciliation Act of 1980 (PL96-499) and 42 C.F.R. Part 420, Subpart D, Section 420.300, et. seq. In accordance with these provisions, the P.A. shall, upon proper written notice, allow the Comptroller General of the
United States, the Secretary of Health and Human Services, and their duly authorized representatives access to this Agreement and to the P.A.’s books, documents and records necessary to certify the nature and extent of costs of Medicare
reimbursable services provided under this agreement. Such access shall be allowed, upon request, until the expiration of four (4) years after the Medicare reimbursable services are furnished pursuant to this Agreement. If the P.A. carries out
any of the duties of this agreement through a subcontract with a related party with a value or cost of Ten Thousand Dollars ($10,000) or more over a twelve (12) month period, said subcontract shall contain a clause which requires a
subcontractor to comply with the above statutes and regulations. 
  
 [This space intentionally left blank. Signature page to follow.] 
  

 14 

 IN WITNESS WHEREOF, the parties hereunto have executed this Agreement to be executed the day and
year first above written. 
  

			
	 AMBERGRIS, LLC
  
  
  

		
	By:	 	 /s/ Daniel E. Dosoretz

	 Name:
 Title:
	 	 Daniel E. Dosoretz
 Manager

	  
  
  
 KATIN RADIATION THERAPY, P.A.
  
  
  

		
	By:	 	 /s/ David M. Koeninger

	 Name:
 Title:
	 	 David M. Koeninger
 CFO

  

 15 

 Exhibit 10.2 
 EXECUTION COPY 
  
 SCHEDULE
A 
  
 Facilities 
  
 City Hospital 
 Martinsburg, West Virginia 
  
 Jefferson HospitalREGUS Buisness Center Service Agreement

 Exhibit 10.11 
  
 REGUS Business Center Service Agreement 
  

									
	Service Agreement Type:	  	x Office    ̈ Cubes  ̈   Hotdesk	  	Agreement Date:  	  	August 15, 2005    

  

							
	CALIFORNIA, Palo Alto - Downtown            	  	Business Center Bank Details
				
	Street/Floor:	 	228 Hamilton Avenue – 3rd Floor	  	Name:	 	Bank of America
	City:	 	Palo Alto	  	Sort code:	 	111-000-025
	State & Zip Code:	 	CA, 94301	  	Account number:	 	478-726-8404
			
	Client details (not Regus Center address)	  	Corporate Account	 	 ̈ Yes     PCA      ̈Yes
				
	Company Name:	 	The Avicena Group, Inc.	  	Federal ID No.:	 	 
	Address:	 	9 Neptune Street	  	Contact Name:	 	Belinda Tsao-Nivaggioli
	City/State:	 	Newburyport, MA	  	Title:	 	CEO
	Zip Code:	 	09150	  	Telephone:	 	 
	Email Address:	 	belinda_tsao@avicenagroup.com	  	Fax:	 	(650) 798-5202
	Emergency Contact:	 	 	  	Emergency Phone:	 	 
			
	Invoicing details (if different)	  	 	 	 
				
	Company Name:	 	 	  	Contact Name:	 	 
	Address:	 	 	  	Title:	 	 
	City/State:	 	 	  	Telephone:	 	 
	Zip Code:	 	 	  	Fax:	 	 
	 	 	 	  	 	 	 

  
 The standard fee (excluding
tax) 
  

																
	 Office Number        

	  	Market Office Price per
Month $

	  	 Monthly Office
 Price $

	  	Number of
workstations

	  	Total per Month $

	  	Comments

	 316
	  	$	1,870.00	  	$	1,870.00	  	1	  	$	1,870.00	  	 
	 317
	  	$	2,200.00	  	$	2,200.00	  	1	  	$	2,200.00	  	 
	 320
	  	$	3,300.00	  	$	2,127.40	  	2	  	$	2,127.40	  	 
	 321
	  	$	1,870.00	  	$	1,172.60	  	1	  	$	1,172.60	  	 
	 	  	 	 	  	 	 	  	 	  	$	0.00	  	 
	 	  	 	 	  	 	 	  	 	  	$	0.00	  	 
	 	  	 	 	  	 	 	  	 	  	$	0.00	  	 
	 	  	 	 	  	 	Total per Month $	  	$	7,370.00	  	 
				
	Initial Payment:	  	 	Monthly Office Payment	  	$	7,370.00	  	 
	  ̈ Check if Renewal
	  	 	Service Retainer	  	 	 	2	  	$	14,740.00	  	 
	 	  	 	Monthly Taxes	  	 	Rate	  	8.25%	 	%	  	$	152.01	  	 
	 	  	 	Total Initial Payment	  	$	22,262.01	  	 
				
	Monthly Payment	  	 	Total Monthly Payment (excl. of services)	  	$	7,522.01	  	 

  
 Direct Debit Option requested by
client:     ̈ (check, if accepted fill out “Direct Debit Authorization Form”) 
  

									
	Length of Agreement	 	 Start date (MM/DD/YY):
	 	 October 1, 2005
	  	 End date (MM/DD/YY):
	 	 December 31, 2005

	
	 

  
 Comments 
  

  

  
 Check here if you do not consent to Regus processing data in accordance with
Clause 28 of this Agreement.     ̈ 
  

We are REGUS BUSINESS CENTRES CORP. of One Stamford Plaza, 263 Tresser Blvd., 9th Floor, Stamford, CT 06901. 
  
 This Agreement incorporates our terms of business set out on attached Terms of Business which you confirm you have read and understood. We both agree to comply with those terms and our obligations as set out in them. Note that the Agreement
does not come to an end automatically. See “Bringing your Agreement to an end.” 
  

									
					
	 Name (printed)
	 	 Belinda Tsao-Nivaggioli
	 	 	 	 Name (printed)
	 	 Frank Da Prato

	 Title (printed)
	 	 CEO
	 	 	 	 Title (printed)
	 	 Operations Manager

	 Date (MM/DD/YY) 
	 	 8/15/05
	 	 	 	 Date (MM/DD/YY) 
	 	 8/15/05

  

					
	SIGNED on your behalf (Client)	 	 	 	SIGNED on your behalf (Regus)
			
	/s/ Belinda Tsao Nivaggioli	 	 	 	/s/ Frank Da Prato
	 	 	 	 	 

  

							
	Contact: 1.877.734.8787	 	www.regus.com	 	

 Terms of Business 
  
 USING REGUS CENTERS 
  

	1.	We Are Regus Business Centre Corp. hereafter referred to as “Regus”. These are our terms of business. They apply to the Service Agreement which you the client have
signed (which we refer to simply as your Agreement. 

  
 Your Agreement supersedes any previous Agreement you may have with us for the same services and contains all the terms we have agreed. 
  
 STANDARD SERVICES INCLUDED IN YOUR STANDARD FEE 
  

	2.	Furnished Office Accommodation 

  
 We are to provide the number of serviced and fully furnished accommodations for which you have agreed to pay in the business center stated in your
Agreement (also referred to in this Agreement as “Accommodation(s)”). Your Agreement lists the accommodations we have initially allocated for your use. Occasionally, we may need to allocate different accommodations, but these will be of
equivalent size and we will attempt to obtain your approval with respect to such different accommodations in advance. 
  

	3.	Office Services 

  
 We are to provide the services described in the Business Services Order, the Regus Workstation or Cube offer and, if requested, the
Business Services offer, and the RegusNet IT Connectivity Order during normal operating hours Monday to Friday. (connectivity is available 24/7). 
  
 We are happy to discuss special arrangements for use of these services outside our normal operating hours. All services are subject to the
availability of our center team at the time of any service request. We will endeavor to deal with a service request at the earliest opportunity, but will not be held responsible for any delay. 
  
 If in our opinion, we decide that a request for any
particular Business Service is excessive, we reserve the right to charge an additional fee at our usual published rates based on the time taken to complete the service. 
  

	4.	RegusNET 

  
 You must comply with any copyright notices, license terms or other notices appearing on screen or as part of any material or the Internet
or our network. You must not copy, use or exploit such software or other material in any way, unless we have explicitly given you permission to do so. You must strictly comply with the terms of any permission that we give. 
  
 We do not make any representations as to the security of our
network (or the Internet) or of any information that you place on it. You should adopt whatever security measures (such as encryption) you believe are appropriate to your circumstances. 
  
 We cannot guarantee that a particular degree availability will be attained in connection with your services.
You hereby warrant to us that our provision of these services to you will not infringe the rights of any third party. 
  
 You agree to comply with the RegusNet Technology Policy as set out on the reverse of the RegusNet IT Connectivity Order form. 

 
 We warrant that the services shall be provided and
performed in a professional and workmanlike manner and shall conform to the description of the services set out in the offers for “Regus Connectivity Services” and in the RegusNet IT connectivity Order. If we fail to provide the services
as warranted, your sole and exclusive remedy shall be the remedy of such failure by us within a reasonable time after written notice. 
  
 The above warranty is in lieu of all other terms, conditions and warranties, whether express or implied by usage, custom statute or
otherwise, appertaining to the services and manner in with we perform our obligations and exercise our rights including, but without prejudice to the generality of the foregoing, such as relate to the description, performance, quality, suitability
or fitness for any particular purpose, of the services. We do not warrant that the services will be uninterrupted or error free. 
  
 USING THE ACCOMMODATION 
  

	5.	On Moving In 

  
 You will be asked to sign an inventory of all accommodation(s), furniture and equipment, you are permitted to use, together with a note of
its conditions, and details of the keys at entry cards issued to you. You may at any time have as many employees working in your accommodation(s) as there are maximum allowable watts-towns. This number is noted on the front of this Agreement.
Anytime the number of people sharing an accommodation exceeds the maximum number of workstations allowable in that accommodation a Hot Desk Supplement fee equal to the monthly standard VO fee, (prices available on request), will apply for each
person over the number of maximum workstations for the given accommodation. If at any time the number of people physically present exceeds the maximum number of workstations allowable, those employees wig pay an additional hourly or daily rate for
the additional accommodations. 
  

	6.	The Nature Of Your Business 

  
 You must only use the accommodation for office purposes, and only for the business stated in your Agreement or subsequently agreed with us.
Office/Accommodation use of a “retail” nature, involving frequent visits by members of the public, is not permitted. You must not carry on a business which competes with our business of providing serviced office or cube accommodations. You
must not use the name Regus or any of its associated companies in any way in connection with your business. 
  

	7.	Your Name And Address 

  
 You may only carry on that business in your name or some other name that we previously agree. At your request and cost we will include that name in the
house directory at the business center, where this is available. You must not put up any signs on the doors to your accommodation or anywhere else which is visible from outside the accommodation you are using. You may use the business center address
as your business address. If you use time center address as your registered business address, you must have a third-party registered as your agent for service of process. 
  

	8.	Taking Care Of Our Property 

  
 You must take good case of al parts of the business center, its equipment fittings and furnishings which you use. You must not alter any part of it. You
are liable for any damage caused by you or those in the business center with your permission or at your invitation. 
  

	9.	Office Furniture Or Equipment 

  
 You must not install any furniture or office equipment, cabling, IT or telecom connections without our consent, which we may refuse at our absolute
discretion. 
  

	10.	Keys And Security 

  
 Any keys or entry cards which we let you use remain our property at all times. You must not make any copies of them or allow anyone else to use them
without our consent. Any loss must be reported to us immediately and you must pay the cost of replacement keys or cards and / or changing locks, if required. If you are permitted to use the business center outside normal working hours it is your
responsibility to lock the doors to your accommodation and to the business center when you leave. 
  

	11.	Comply With The Law 

  
 You must comply with all relevant laws and regulations in the conduct of your business. You must do nothing illegal. 

 
You must not do anything that may interfere with the use of the business center by us or by others, cause any nuisance or annoyance, increase the insurance
premiums we have to pay or cause loss or damage to us or to the owner of any interest in the building which contains the business center. You acknowledge that (a) the terms of the foregoing sentence are a material inducement to us for the
execution of your Agreement and (b) any violation by you of the foregoing sentence shall constitute a material default by you hereunder, entitles us to terminate your Agreement. 
  

	12.	Comply With House Rules 

  
 You must comply with any house rules which we impose generally on users of the business center whether for reasons of health and safety, fire precautions
or otherwise. 
  

	13.	Insurance 

  
 It is your responsibility to arrange insurance for your own property which you bring into the business center and for your own liability to your employees
and to third parties. 
  
 PROVIDING THE SERVICES 
  

	14.	Access To Your Accommodation 

  
 We can enter your accommodation at any time. However, unless there is an emergency we will as a matter of courtesy try to inform you in advance when we
need access to carry out testing, repair or works other than routine inspection, cleaning and maintenance. We will also respect security procedures to protect the confidentiality of your business. 
  

	15.	At The Start Of Your Agreement 

  
 If for any reason we cannot provide the Accommodation(s) stated in your Agreement by the date when your Agreement is due to start we have no liability to
you for any loss or damages but you may cancel the Agreement without penalty. We will not charge you the standard fee for accommodations you cannot use until they become available. 
  

	16.	Suspension Of Services 

  
 We may by notice suspend the provision of services (including access to the business center) for reasons of political unrest, strikes, or other events
beyond our reasonable control, in which event payment of the standard fee will also be suspended for the same period. 
  

	17.	Our Liability 

  
 We are not liable for any loss as a result of our failure to provide a service as a result of mechanical breakdown, strike, delay, failure
of team, termination of our interest in the building containing the business center or otherwise unless we do so deliberately or are grossly negligent. We are also not liable for any failure until you have informed us about it in writing and given
us a reasonable time to put right. In addition, client releases Regus from any liability arising out of or incurred in connection with any Client Mail. 
  
 You agree (a) that we will not have any liability for any loss, damage or claim which arises as a result of, or to connection with,
your Agreement and/or your use of the services except to the extent that such loss, damage, expense or claim is directly attributable to our deliberate act or our gross negligence (our liability); and (b) that our liability will be subject to
the limits set out in the next paragraph. 
  
 We
will not in any circumstances have any liability for loss of business, loss of profits, loss of anticipated savings, loss of or damage to data, third party claims or any consequential loss. We strongly advise you to insure against all such potential
loss, damage expense or liability. 
  
 We will be
liable: 
  

	 	•	 	up to a maximum of $1,000,000 (for any one event or series of connected events) for damage to your personal property; 

  

	 	•	 	to a maximum equal to 125% of the total fees paid under your Agreement up to the date on which the claim in question arises or $50,000 (whichever is the higher), in respect of all
other losses, damages, expenses or claims. 

  
 YOUR AGREEMENT

  

	18.	The Nature Of Your Agreement 

  
 Your Agreement is the commercial equivalent of an Agreement for accommodation in a hotel. The whole of the business center remains our property and in our
possession and control. You acknowledge that your Agreement creates no tenancy interest, leasehold estate or other real property interest in your favor with respect to the accommodation. We are giving you just the right to share with us the use of
the business center so that we can provide the services to you. The Agreement is personal to you and cannot be transferred to anyone else. We may transfer the benefit of your Agreement and our obligations under it at any time. 
  

	19.	Duration 

  
 Your Agreement lasts for the period stated in it and will then automatically be extended for successive periods equal to the current term but no less than
3 months until brought to an end by you or by us. All periods shall run to the last day of the month in which they would otherwise expire. The fees on any renewal will be the market price listed on the front of the service Agreement. In all other
respects your Agreement will renew on the same terms and conditions. 
  

	20.	Bringing Your Agreement To An End 

  
 Either of us can terminate your Agreement at the end date stated in it, or at the end of any extension or renewal period by giving at least three months
written notice to the other. However, if your Agreement, extension or renewal is for three months or less and one of us wishes to terminate it, the notice period is two months or if shorter one week less than the period stated in your Agreement,
extension or renewal. 
  

	21.	Ending Your Agreement Immediately 

  
 We may put an end to your Agreement immediately by giving you notice if, 
  

	 	•	 	you become insolvent, go into liquidation or become unable to pay your debts as they fall due, 

  

	 	•	 	you are in breach of one of your obligations which cannot be put right or which we have given you notice to put right and which you have failed to put right within fourteen days of
that notice, or 

  

	 	•	 	your conduct or that of someone at the business center with your permission or at your invitation, is incompatible with ordinary office use. 

  
 If we put an end to the Agreement for any of these reasons it does not put
an end to any then outstanding obligations you may have and you must: 
  

	 	•	 	pay for additional services you have used 

  

	 	•	 	pay the standard fee for the remainder of the period for which your Agreement would have lasted had we not ended it, or (if longer) for a further period of three months, and

  

	 	•	 	indemnify us against all costs and losses we incur as a result of the termination. 

  

	22.	If The Business Center Is Not Available 

  
 In the unlikely event that we are no longer able to provide the services and accommodation at the business center stated in your Agreement then your
Agreement will end and you will only have to pay standard fees up to the date it ends and for the additional services you have used. We will try to find suitable alternative accommodation for you at another Regus/HQ business center. 
  

	23.	When Your Agreement Ends 

  

	 	•	 	 Upon your departure or if you, at your option, choose to relocate to a different accommodation within the business center a flat fee ($100.00) per workstation/cube)
will be assessed to cover the routine cost of repainting and redecorating the accommodation to return it to its original condition 

	 	 
in addition to general maintenance to the common areas of the business center in which you have had access. We reserve the right to charge additional
reasonable fees for any repairs needed above and beyond normal wear and tear. If you leave any of your own property in the business center we may dispose of it in any way we chose without owning you any responsibility for it or any proceeds of sale.

  

	 	•	 	In order to transition your mail and telephone calls from the business center, you will be automatically entered into a Virtual Office (“VO”) Agreement with us on our
standard terms at the time for three months. Current contract terms and pricing can be obtained online or through your Regus/HQ General Manager. 

  

If you continue to use the accommodation when your Agreement has ended: 
  

	 	•	 	you are responsible for any loss, claim or liability we incur as a result of your failure to vacate on time. 

  

	 	•	 	we may, at our discretion, permit you an extension subject to a surcharge on the standard fee. 

  

	24.	Employees 

  
 While your Agreement is in force and for a period of six months after it ends, you must not solicit or offer employment to any of our current employees or
anyone who has left our employment in the last three months. If you do, we estimate our loss at the equivalent of one year’s salary for each of the employees concerned and you must pay us damages equal o that amount. 
  

	25.	Notices 

  
 All formal notices must be in writing. Client is responsible to keep updated address of record at the center. 
  

	26.	Confidentiality 

  
 The terms of your Agreement are confidential. Neither of us may disclose them without the other’s consent unless required to do so by law or an
official authority. This obligation continues after your Agreement ends. 
  

	27.	Indemnities 

  
 You must indemnify us in respect of all liability, claims, damages, loss and expenses which may arise (except to the extent caused by our gross negligence
or willful misconduct). 
  

	 	•	 	It someone dies or is injured while in the accommodation you are using. 

  

	 	•	 	From a third party in respect of your use of the business center and the services. 

  

	 	•	 	If you do not comply with the terms of your Agreement 

  
 You must also pay any cost, including reasonable legal fees, which we incur in enforcing your Agreement. 
  

	28.	Data Protection 

  
 You agree that we may process, disclose or transfer (including outside the EEA - European Economic Area - to other countries which are part of our
International network from time to time) any personal data which we hold on or in relation to you provided that in doing so we take such steps as we consider reasonable to ensure that it is used only to fulfill our obligations under your Agreement
for work assessment and fraud prevention; or to make available information about new or beneficial products and services offered by us and other organizations which we consider may be of interest to you. 
  
 Please be aware that countries outside the EEA - European Economic Area -
may not have laws in force to protect your personal data. 
  

	29.	Applicable Law: 

  
 Your Agreement is interpreted and enforced in accordance with the laws of the state in which the business center in question is located. We both accept
the exclusive jurisdiction of the courts of such jurisdiction where the center is located. 
  
 FEES 
  
 In the following clauses any
references to “fees” alone means all of the standard service fees, pay-as-you-use fees, the Business Services price, and the Connectivity Service price. 
  

	30.	Standard Services 

  
 The standard fee, the Business Services price (if applicable), the Connectivity Service price (if applicable) and the Telecom Services price (if
applicable) plus appropriate taxes and all other fees and charges referred to in our service Agreement, in accordance with our published rates which may change from time to time, are invoiced in respect of the services to be provided during the
following month in advance in full on the 1st day (or such other day as we designate) of each month. The charge for
any such month will be 30 times the applicable fee. No refund will be given for months of less than 30 days nor will any additional charge be levied for months of more than 30 days. For a period of less than a month. the applicable fee will be
applied on a daily basis. You agree to pay promptly all (i) sales, use, excise and any other taxes, surcharges or license fees which you are required to pay to any governmental authority (and, at our request, will provide to use evidence of
such payment), and (ii) any taxes paid by us attributable to your accommodation, including, without limitation, any gross receipts, rent and occupancy taxes, surcharge fees or tangible personal property taxes. Where client has agreed to
participate in our Direct Debit Program, payment of fixed and variable charges will be made automatically through this mechanism. The Business and Connectivity Service Packages or Business and Connectivity Supplemental Service are mandatory for the
Cube and Hotdesk offering. 
  

	31.	Pay as-you-use-Services 

  
 Fees for pay-as-you-use services, plus applicable taxes, in accordance with our published rates which may change from time to time, are invoiced in
arrears on or around the 10th of the month, in conjunction with the Standard Services referred to above, and are due
and payable on the 1st day (or such other day as we designate) of the month following the calendar month in which
the additional services were provided. 
  

	32.	Service Retainer 

  
 You will be required to pay a Service Retainer equivalent to 2 months standard service fee on entering into your Agreement. This will be held by us as
security for performance of all your obligations under your Agreement. The Service Retainer, or any balance after deducting outstanding fees, three months VO fee for your VO Agreement, and other costs due to us, will be returned to you within 30
days of the date you have settled your account with us in full. We may require you to pay an increased retainer if outstanding fees exceed the Service Retainer held or you frequently fail to pay us when due. 
  

	33.	Late Payment 

  
 If you do not pay fees when due, a service fee of $25.00 plus 5% interest will be charged on all overdue balances under $1,000.00 or a fee of $50.00 plus
5% interest on all overdue balances will be charged on all overdue balances of $1,000.00 or greater. If you dispute a part of any invoice you must pay the amount not in dispute by the due date or be subject to late fees. The amount of interest and
fees we charge will be the lesser of the amounts stated, or the State’s legally enforceable maximum, whichever is the lesser. In the case of U.S. Government Contracts, the amount of interest and fees we charge will be lesser of the amounts
stated or those set by the Secretary of the Treasury and implemented by the Prompt Payment Act. 

	34.	Insufficient Funds Fees 

  
 You will pay a fee of $25.00 or the maximum amount permitted by law for the return of any payment for insufficient funds. 
  

	35.	Subordination 

  
 Your Agreement is subordinate to our lease with our landlord and to any other Agreements to which our lease with our landlord is subordinate. 

 

	36.	Annual Increase 

  
 We will increase your current standard service fee on each and any annual anniversary of the start date of your Agreement by 4% or the CPI, whichever is
greater, or such other broadly equivalent index which we substitute, over the previous year. This will only apply to Agreements that have an original start and end date constituting more than a 12 month term. Renewals do not fall under this category
and will be reviewed as per clause 19 above. 
  

			
		
	Client Initials 	 	 /s/ BN

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00092-of-00352.parquet"}]]