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Exhibit 10.29  

 
 

SECOND AMENDMENT TO LEASE    
  

DATED JULY 1, 2001

TO LEASE DATED NOVEMBER 1, 2000

BETWEEN

RAZORE LAND COMPANY ("LANDLORD")

AND

PHAGE THERAPEUTICS INTERNATIONAL ("TENANT")  

    WHEREAS, Landlord and Tenant have heretofore entered into that certain Lease dated November 1, 2000
(hereinafter referred to as the "Lease") under the terms of which Landlord leased to Tenant approximately 5,148 rentable square feet of space (hereinafter referred to as the "Premises") located at
19017 120th Avenue NE, Suite 102, Bothell, Washington. 

    WHEREAS,
Landlord and Tenant have heretofore entered into that certain First Amendment to Lease dated May 1, 2001 (hereinafter referred to as the "First Amendment") under terms
of which Landlord leased approximately 919 additional rentable square feet of space per the terms and conditions set forth in the First Amendment. 

    NOW
THEREFORE, in consideration of the mutual promises of the parties hereto and other good and valuable consideration, the receipt of which is hereby acknowledged, Landlord and
Tenant hereby agree to amend the Lease as follows: 

	1.
	Paragraph
2. Leased Premises: 

Rentable
Square Feet - approximately 6,225 rsf

Rentable Square Feet - approximately 1,206 rsf of additional space 

	2.
	Paragraph
5.1. Rent: 

Tenant
has agreed to rent the additional 1,206 sf of space for two (2) years at the rate specified on the attached spreadsheet. At the commencement of year three (3) the rate will be
blended with the existing rate and the additional space will be coterminous with said lease. Attached spreadsheet documents the revised rental schedule and must remain attached as part of this
amendment. 

	3.
	Paragraph
8.2. Tenant's Share of Operating Expenses: 

Tenant's
Share shall be 7.33%. 

Except
as modified and amended herein, all other terms and conditions of this Lease shall remain unchanged and in full force and effect. 

THIS LEASE IS SUBJECT TO ACCEPTANCE BY LANDLORD. 

	 	

Agreed and Accepted:	
 	

 	
 	

 	
 	

 
	

 	
 	

TENANT:	
 	

 	
 	

 
	

 	
 	

 	
 	

PHAGE THERAPEUTICS INTERNATIONAL

a Florida Corporation
	

 	
 	

 	
 	

By:	
 	

/s/ Richard C. Honour

	

 	
 	

 	
 	

Its:	
 	

President & CEO
	

 	
 	

LANDLORD:	
 	

RAZORE LAND COMPANY,

a Washington Corporation
	

 	
 	

 	
 	

By:	
 	

/s/ Jim Sepic

	

 	
 	

 	
 	

Its:	
 	

Manager

	STATE OF WASHINGTON	)	 	 
	 	)	 	 
	COUNTY OF KING	)	 	 

    On
this day personally appeared before me Richard Honour to me known to be the President of Phage Therapeutics International, the corporation that executed the within and foregoing
instrument, and acknowledged that the same instrument to be his free and voluntary act and deed of said corporation, for the uses and purposes therein mentioned, and on oath stated that he was
authorized to execute said instrument. 

    GIVEN
under my hand and official seal this 27th day of June, 2001. 

	

 	
 	

/s/ Unreadable
 Notary Public in and for the

State of Washington,

Residing at Woodinville

My Commission expires 9/15/04

	STATE OF WASHINGTON	)	 	 
	 	)	 	 
	COUNTY OF SNOHOMISH	)	 	 

    On
this day personally appeared before a Jim Sepic to me known to be the Manager of Razore Land Company, the corporation that executed the within and foregoing instrument, and
acknowledged that the same instrument to be a free and voluntary act and deed of said corporation, for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute
said instrument. 

    GIVEN
under my hand and official seal this 3rd day of July, 2001. 

	

[SEAL]	
 	

/s/ Margaret A. Tingley
 Notary Public in and for the

State of Washington

Residing at Everett

My Commission expires 6/10/2002

PHAGE THERAPEUTICS

MONTHLY BASE RENT CALCULATION  

	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	20001 CAM

	 
	 	# of Mos
	 	 
	 	SQ. FT.
	 	$PER SQ. FT.
	 	Original Space Monthly Rent
	 	Additional Space Monthly Rent
	 	Monthly Total Rent
	 	Original Space sq. ft.
	 	Addt'l Space sq. ft.
	 	Total sq. ft.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Effective 5/1/01
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	5,148	 	 	919	 	 	6,067
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Effective 7/1/01
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	6,225	 	 	1,206	 	 	7,431
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	

	Original Lease	 	7.5	 	11/15/00 - 06/30/01	 	5,148	 	$	15.50	 	$	6,649.50	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	4.5	 	07/01/01 - 11/14/01	 	6,225	 	$	15.50	 	$	8,040.63	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	12	 	11/15/01 - 11/14/02	 	6,225	 	$	16.12	 	$	8,362.25	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	12	 	11/15/02 - 11/14/03	 	6,225	 	$	16.77	 	$	8,699.44	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	12	 	11/15/03 - 11/14/04	 	6,225	 	$	17.44	 	$	9,047.00	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	12.5	 	11/15/04 - 11/30/05	 	6,225	 	$	18.13	 	$	9,404.94	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	60.05	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	

First Amendment	
 	

2	
 	

05/01/01 - 06/30/01	
 	

919	
 	
$	

8.23	
 	
$	

630.00	
 	
 	

 	
 	
 	

 	
 	
 	

 	
 	
 	

 	
 	
 	

 
	Revised First Amendment	 	22	 	07/01/01 - 04/30/03	 	1,206	 	$	8.23	 	$	827.12	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	(Addt'l Space)	 	7	 	05/01/03 - 11/30/03	 	1,206	 	$	16.77	 	$	1,685.39	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	12	 	12/01/03 - 11/30/04	 	1,206	 	$	17.44	 	$	1,752.72	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	12	 	12/01/04 - 11/30/05	 	1,206	 	$	18.13	 	$	1,822.07	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	55	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
Total Space Schedule Effective 5/1/01	
 	

 	
 	
 	

 	
 	
 	

 	
 	
 	

 	
 	
 	

 	
 	
CAM Charges

	First Amendment	 	2	 	05/01/01 - 06/30/01	 	6,067	 	$	14.40	 	$	6,649.50	 	$	630.00	 	$	7,279.50	 	$	2,013	 	$	357	 	$	2,370
	Revised First Amendment	 	4	 	07/01/01 - 10/31/01	 	7,431	 	$	14.32	 	$	8,040.63	 	$	827.00	 	$	8,867.63	 	$	2,434	 	$	471	 	$	2,905
	 	 	1	 	11/01/01 - 11/30/01	 	7,431	 	$	14.60	 	$	8,212.16	 	$	827.00	 	$	9,039.16	 	 	 	 	 	 	 	 	 
	 	 	11	 	12/01/01 - 10/31/02	 	7,431	 	$	14.84	 	$	8,362.25	 	$	827.00	 	$	9,189.25	 	 	 	 	 	 	 	 	 
	 	 	1	 	11/01/02 - 11/30/02	 	7,431	 	$	15.13	 	$	8,542.08	 	$	827.00	 	$	9,369.08	 	 	 	 	 	 	 	 	 
	 	 	5	 	12/01/02 - 04/30/03	 	7,431	 	$	15.38	 	$	8,699.44	 	$	827.00	 	$	9,526.44	 	 	 	 	 	 	 	 	 
	 	 	6	 	05/01/03 - 10/31/03	 	7,431	 	$	16.77	 	$	8,699.44	 	$	1,685.39	 	$	10,384.82	 	 	 	 	 	 	 	 	 
	 	 	1	 	11/01/03 - 11/30/03	 	7,431	 	$	17.07	 	$	8,884.80	 	$	1,685.39	 	$	10,570.19	 	 	 	 	 	 	 	 	 
	 	 	11	 	12/01/03 - 10/30/04	 	7,431	 	$	17.44	 	$	9,047.00	 	$	1,752.72	 	$	10,799.72	 	 	 	 	 	 	 	 	 
	 	 	1	 	11/01/04 - 11/30/04	 	7,431	 	$	17.75	 	$	9,237.90	 	$	1,752.72	 	$	10,990.62	 	 	 	 	 	 	 	 	 
	 	 	12	 	12/01/04 - 11/30/05	 	7,431	 	$	18.13	 	$	9,404.94	 	$	1,822.07	 	$	11,227.00	 	 	 	 	 	 	 	 	 
	 	 	
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Total	 	55	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

[FLOOR PLAN] 

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SECOND AMENDMENT TO LEASEPrepared by MERRILL CORPORATION

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Exhibit 10.30  

 
 

MANAGEMENT AGREEMENT    
  

THIS
AGREEMENT made effective September 1, 1998. 

BETWEEN:  

Phage
Therapeutics International Inc., a body corporate, duly incorporated under the Laws of the state of Florida, United States of America, having its head office situated at
22116 - 23rd Drive SE, Bothell, WA 98021 

(hereinafter
called the "Corporation") 

OF THE FIRST PART  

AND:  

Stealth
Investments Corp., a body corporate, duly incorporated under the laws of the Province of British Columbia, having its head office at 666 Burrard Street #1300, Vancouver, BC V6C 3J8; 

(hereafter
called the "Manager") 

OF THE SECOND PART  

WHEREAS:  

	1.
	The
Corporation is engaged in the Bio-Technology industry and requires the services of a manager to fulfill the day-to-day responsibilities imposed on the Corporation; and

	2.
	The
Manager has agreed to act as Manager of the Corporation; 

NOW
THEREFORE THIS AGREEMENT WITNESSETH that for and in consideration of the premises, the mutual covenants and agreements herein contained the parties hereto hereby agree as follows: 

	1.
	The
Corporation hereby agree to retain the services of the Manager.

	2.
	The
retention of the Manager shall be for a month to month period commencing September 1, 1998, and continuing thereafter from year to year unless and until terminated as
hereinafter provided.

	3.
	The
Manager shall serve the Corporation and any subsidiaries from time to time owned by the Corporation in such capacity or capacities and shall perform such duties and exercise
such powers as may from time to time be determined by Resolution of the Board of Directors of Corporation.

	4.
	Subject
to the control vested in the Board of Directors with respect to the activities of the Manager, the Manager shall have from the date of commencement of this Agreement, the
authority and responsibility to deal with the following subject matters:

	a.
	maintaining
the services of accounting and legal professionals for the purposes of reviewing all prospects introduced to the Corporation for investment or participation;

	b.
	arranging
for and securing financing for the Corporation as may be permitted by regulatory bodies;

	c.
	arranging
for timely disclosure of all material facts in the affairs of the Corporation, such as regulatory filings, timely financial disclosures and issuance of News Releases;

	d.
	establishing
and maintaining suitable banking relations; 

	e.
	ensuing
the maintenance of proper accounting records and compiling monthly statements of the source and application of funds;

	f.
	arranging
for payment of all payables of the Corporation and/or any subsidiaries;

	g.
	perusing
and replying to all corporate inquiries and correspondence;

	h.
	securing
and obtaining for the benefit of the Corporation competent tax advice, legal advice and services and accounting services; and

	i.
	all
such other duties as may be imposed upon the Manager from time to time due to the nature of the Corporation's business. 

	5.
	The
remuneration of the Manager for his services hereunder shall be at the rate of $10,000 US per month for a term of one year (together with any such increments thereto as the
Board of Directors of the Corporation may from time to time a lot) payable in equal monthly installments in advance of the first business day of each calendar month, the first such installment to be
payable on the first day of March, 1999.

	6.
	The
Manager shall be reimbursed for all traveling and out-of-pocket expenses actually and properly incurred by it in connection with its duties hereunder. In respect of expenses,
the Manager shall provide statements and vouchers to the Corporation as and when required by it.

	7.
	The
terms "subsidiary" and "subsidiaries" as used herein mean any corporation or Corporation of which more than 50% of the outstanding shares carrying voting rights at all times are
for the time being owned by or held for the benefit of the Corporation and include any corporation or company in like relation to a subsidiary.

	8.
	Any
notice required or permitted to be given hereunder to the Manager or to the Corporation shall be given by registered mail, postage prepaid, addressed to the Manager or the
Corporation at their respective registered offices from time to time in existence. Any notice mailed as aforesaid shall be deemed to have been received y the Addressee on the second business day
following the date of mailing.

	9.
	This
Agreement may be terminated:

	a.
	by
the Manager or sixty (60) days written notice to the Corporation; or

	b.
	by
the Corporation on sixty (60) days written notice to the Manager. 

	10.
	The
provisions of the Agreement shall be governed by and interpreted in accordance with the laws of the State of Washington.

	11.
	This
Agreement may be executed by facsimile and in any number of counterparts with the same effect as if all parties to this Agreement had signed the same document and all
counterparts will be construed together and will constitute one and the same instrument, and any facsimile signature shall be taken as an original. 

IN
WITNESS WHEREOF, the parties hereto have hereunto caused these presents to be executed, as of the day and year first above written. 

	PHAGE THERAPEUTICS INTERNATIONAL, INC.	 	STEALTH INVESTMENTS CORP.
	

/s/ Richard C. Honour
 Per: Authorized Signatory	
 	

/s/ Darren Pylot
 Per: Authorized Signatory

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MANAGEMENT AGREEMENT

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