Document:

EX-4.14

   

  EXHIBIT 4.14

  COMMERCIAL IN CONFIDENCE

   

  23 July 2022

  Mr Adrian Hinton

  15 Silver Crescent

  GRANGE SA 5022

  Dear Adrian

  Amendment to your Consultancy Agreement dated 18 March 2019

  I write to confirm that the Company would like to extend the term of your consultancy services for a period of 1 July 2022 to 30 June 2023 with the following amendment:.

  •Schedule 3 – Fees, in the Agreement will be replaced with the following:

  “The fee for the Service s are to be calculated as follows:

  a)$21,000 per month or $252,000 per year, payable by invoicing the Company at the end of each month during the provision of Executive Services.

  b)onus target of 20% of $252,000 with 50% based on Company Goals and 50% based on Personal Goals”

  Please confirm your agreement to this amendment on the terms outlined in this letter by signing and dating this letter and returning it to me at your earliest convenience.

  Yours sincerely

  /s/ Errol De Souza

  Errol De Souza

  Executive Chairman

   

  		
	s/s Adrian Hinton
	26/7/22

	Mr Adrian Hinton
	Date

   

  200 Greenhill Road, Eastwood SA 5063 Australia    Phone  61 8 8150 7400  Email info@bionomics.com.au  website  www.bionomics.com.au

  Exh. 4.14-1EX-4.18

   

  EXHIBIT 4.18

  COMMERCIAL IN CONFIDENCE

   

  1 July 2022

  Liz Doolin

  50 Devereux Road

  HAZELWOOD PARK  SA  5066

  Dear Liz

  After completing several reviews at the end of the financial year, including your salary, I am pleased to advise that your Total Remuneration Package will increase, effective from 1 July 2022 from $230,000.00 per annum to $243,000.00 per annum. Out of this package, superannuation payments will be made by Bionomics to cover its obligations under the Superannuation Guarantee (Administration) Act 1992.

  The Nomination & Remuneration Committee has also recognised your commitment over the last year and I am pleased to advise that a bonus of $34,500 will be paid to you. The bonus amount will appear in your July pay and will be taxed accordingly.

  Further to this, the Board has also approved the issue of 2,000,000 bonus options to you in recognition of the company's achievements, and your personal goals in the 2021/2022 financial year. The offer letter for the options will be forwarded to you separately.

  Thank you for your loyalty, support and continued contribution to Bionomics. 

  Yours sincerely

  /s/ Adrian Hinton

  Adrian Hinton

  Acting Chief Financial Officer

  Bionomics Limited ABN 53 075 582 74031 
Dalgleish Street Thebarton SA Australia 5031 Phone 61 8 8354 6100 Fax 61 8 8354 6199 Email info@bionomics.com.au
website www.bionomics.com.au

   

  Exh. 4.18-1EX-4.19

  EXHIBIT 4.19

   

   

   

  BIONOMICS LIMITED

   

   

   

   

   

   

   

   

  CONNOR B. BERNSTEIN, JB STRATEGY PARTNERS LLC

   

   

   

   

   

   

   

   

   

   

  consultancy agreement

   

  
 

   

   

   

   

   

   

   

   

   

   

   

  Exh. 4.19-1

  

   

  TABLE OF CONTENTS

  	
	 

   

  				
	RECITALS
	4

	1
	DEFINITIONS AND INTERPRETATION
	4

	 
	1.1
	Definitions
	4

	 
	1.2
	Interpretation Rules
	4

	2
	APPOINTMENT OF CONSULTANT
	5

	 
	2.1
	Appointment
	5

	 
	2.2
	Term
	5

	 
	2.3
	Extension of Term
	5

	 
	2.4
	Nature of Relationship
	5

	 
	2.5
	Exclusivity
	5

	3
	CONSULTANCY FEE AND EXPENSES
	5

	 
	3.1
	Fee
	5

	 
	3.2
	Expenses
	5

	 
	3.3
	Billing
	6

	 
	3.4
	Payment
	6

	 
	3.5
	Withholding Payment
	6

	4
	CONSULTANT’S WARRANTIES
	6

	 
	4.1
	Service Standards
	6

	 
	4.2
	Intellectual Property Rights
	6

	5
	CONSULTANT’S OBLIGATIONS
	6

	 
	5.1
	Records
	6

	 
	5.2
	Service Specifications and Variations
	7

	 
	5.3
	Other Obligations
	7

	6
	CONFIDENTIALITY
	7

	7
	INTELLECTUAL PROPERTY
	7

	 
	7.1
	Bionomics’ Rights
	7

	 
	7.2
	Assistance to be Provided
	7

	 
	7.3
	Vesting of Intellectual Property Rights
	7

	 
	7.4
	Maintenance of Integrity
	7

	 
	7.5
	Unauthorised Use
	7

	 
	7.6
	Survival of Obligations
	8

	8
	TERMINATION
	8

	 
	8.1
	Termination by Bionomics
	8

	 
	8.2
	Termination by Consultant
	8

	 
	8.3
	Payments
	8

	 
	8.4
	Consequences of Termination or Expiration
	8

	9
	INDEMNITY
	8

	10
	NOTICE
	9

	 
	10.1
	How Notices Must Be Given
	9

	 
	10.2
	Where Such Notices Must Be Sent
	9

	 
	10.3
	Change of Details
	9

	 
	10.4
	Proof of Notices
	10

	11
	MISCELLANEOUS PROVISIONS
	10

	 
	11.1
	No Waiver
	10

	 
	11.2
	Entire Agreement
	10

	 
	11.3
	Amendments
	10

	 
	11.4
	Severance
	10

	 
	11.5
	Law
	10

   

  Exh. 4.19-2

  

   

  				
	 
	11.6
	No Assignment
	10

	EXECUTION
	11

	Schedule 1
	12

	Schedule 2
	13

	Schedule 3
	14

   

  Exh. 4.19-3

  

   

  consultancy agreement

  THIS AGREEMENT is made on 1 April 2021 between:

  1.BIONOMICS LIMITED ABN 53 075 582 740, of 200 Greenhill Road, Eastwood, South Australia, 5063 (“Bionomics”); and

  2.THE CONSULTANT named in item 1 of Schedule 1 (“the Consultant”).

  RECITALS

  A.Bionomics requires the Consultant to provide certain professional consultancy services (“the Services”) to Bionomics.

  B.The Consultant has agreed to provide the Services to Bionomics upon the terms and conditions set out in this Agreement.

  OPERATIVE PART:

  1.DEFINITIONS AND INTERPRETATION

  1.1.Definitions

  In this Agreement, unless a contrary intention appears:

  “Business Day” means a day on which banks are open for normal trading business in Adelaide, South Australia, and excludes all Saturdays, Sundays and public holidays.

  “Commencement Date” means the date specified in item 2 of Schedule 1.

  “Expiry Date” means the date specified in item 3 of Schedule 1.

  “Intellectual Property Rights” means any industrial and intellectual property rights including, without limitation, any rights in respect of or in connection with any confidential information, know‐how, copyright, patents, trademarks, design rights, reports, drawings, specifications or eligible layout rights and including any rights to apply for registration of such industrial and intellectual property rights.

  “Services” means the services specified in Schedule 2.

  1.2.Interpretation Rules

  In this Agreement, unless a contrary intention appears:

  (a)a reference to this Agreement is a reference to this Agreement as amended, varied, supplemented or replaced from time to time;

  (b)words or expressions:

  (i)importing the singular include the plural and vice versa;

  (ii)importing a gender include the other genders;

  (iii)denoting individuals include corporations, partnerships, unincorporated bodies, authorities and instrumentalities;

  (c)a reference to a party to this Agreement includes that party's executors, administrators, successors and permitted assigns;

  Exh. 4.19-4

  

   

  (d)where a word or phrase is defined or given a meaning, any other part of speech or grammatical form of that word or phrase has a corresponding meaning;

  (e)a reference to a clause or schedule is a reference to a clause or schedule of this Agreement; 

  (f)a reference to $ or dollars is a reference to Australian dollars;

  (g)headings are for convenience only and do not affect the interpretation of this Agreement;

  (h)a provision of this Agreement must not be construed to the disadvantage of a party merely because that party was responsible for the preparation of the Agreement or the inclusion of the provision in the Agreement; and

  (i)the Schedules and Recitals to this Agreement form part of this Agreement and have effect as if set out in full in this Agreement.

  2.APPOINTMENT OF CONSULTANT

  2.1.Appointment

  As and from the Commencement Date, Bionomics appoints the Consultant to provide the Services as required by Bionomics from time to time.

  2.2.Term

  Subject to clause 2.3, this Agreement has effect from the Commencement Date and, unless terminated earlier in accordance with the provisions of this Agreement, remains in force until the Expiry Date.

  2.3.Extension of Term

  If, prior to the Expiry Date, the parties agree in writing that this Agreement is to have effect for a mutually agreed period after the Expiry Date, then this Agreement, unless terminated earlier in accordance with the provisions of this Agreement, remains in force until the expiration of that further period.

  2.4.Nature of Relationship

  The Consultant will provide the Services as an independent contractor and not as an agent, employee, servant or partner of Bionomics. The Consultant has no authority to bind Bionomics in any way and must not hold themselves out as having authority to bind Bionomics or as being an agent, employee, servant or partner of Bionomics.

  2.5.Exclusivity

  This Agreement does not grant the Consultant an exclusive right to perform any or all of the Services described in Schedule 2 during the term of this Agreement.  Bionomics reserves the right to employ or retain any other consultant to perform those Services during the term of this Agreement or to perform the services itself.

  3.CONSULTANCY FEE AND EXPENSES

  3.1.Fee

  The consideration for the Services provided to Bionomics pursuant to this Agreement will be calculated on the basis described in Schedule 3.

  3.2.Expenses

  The Consultant is entitled to recover from Bionomics all expenses reasonably incurred in the provision of the Services, provided that it has received Bionomics’ prior written authorisation for the incurring of those expenses (including travel expenses).

  Exh. 4.19-5

  

   

  3.3.Billing

  The Consultant will invoice Bionomics at monthly intervals for Services performed over the previous month.  Each invoice must set out details of expenses incurred in that period, the date on which the Services were provided, the nature of those Services and the identity of the person who performed them. The invoices must be sent to accountspayable@bionomics.com.au for processing. 

  3.4.Payment

  (a)Bionomics must pay the Consultant the amount invoiced within 30 days of receipt of the invoice.

  (b)There shall be added to any charges or fees payable by Bionomics under this Agreement amounts equal to any and all applicable taxes, however designated, incurred as a result of or otherwise in connection with this Agreement or the Services including but not limited to all taxes, duties or other imposts, levied by any taxing body, but excluding taxes based upon the net income of the Consultant.

  (c)If the Consultant is required to account for GST in respect of any supply of goods or services or any other supply to Bionomics under this Agreement then the fee in respect of those supplies will be increased by the amount of the GST that the Consultant will be required to account for as a result of the supplies provided that the Consultant provides Bionomics with a tax invoice (within the meaning of the Commonwealth taxation legislation) in respect of any such supply.

  3.5.Withholding Payment

  In the event of any dispute with regard to a portion of an invoice, the undisputed portion will be paid by Bionomics in accordance with this clause 3.

  4.CONSULTANT’S WARRANTIES

  4.1.Service Standards

  The Consultant warrants that the Services will be:

  (a)performed with all due expedition and at the direction and to the reasonable satisfaction of Bionomics;

  (b)provided with all due care and skill; 

  (c)performed to the highest professional standards; and

  (d)performed in compliance in all respects with all laws of the Commonwealth and the State of South Australia as they apply from time to time.

  4.2.Intellectual Property Rights

  The Consultant warrants that in performing its obligations under this Agreement, including giving effect to the assignment of Intellectual Property Rights pursuant to clause 8, it will not infringe the Intellectual Property Rights of any third party.

  5.CONSULTANT’S OBLIGATIONS

  5.1.Records

  The Consultant must:

  (a)keep full and proper written records of work performed under and in accordance with this Agreement;

  (b)provide copies of such records to Bionomics, or allow Bionomics to inspect such records, upon request by Bionomics; and 

  Exh. 4.19-6

  

   

  (c)provide such further information in relation to the provision of Services by the Consultant as Bionomics may, at its cost, from time to time reasonably require.

  5.2.Service Specifications and Variations

  Bionomics must approve any variations to the Services to be performed under this Agreement.

  5.3.Other Obligations

  The Consultant will at all times during the term of this Agreement ensure that the Consultant does not purport to act as an agent for Bionomics to pledge the credit of Bionomics or otherwise bind Bionomics except to the extent to which such conduct has been expressly authorised by Bionomics.

  6.CONFIDENTIALITY

  (a)The Consultant must keep the contents and subject matter of this Agreement strictly confidential.

  (b)Save for any information or data which is known to or in the possession or control of the Consultant, or public knowledge, or where the Consultant is required by law to disclose any confidential information to a third person (including any government, regulatory body or stock exchange),  the Consultant will keep any information or data coming to it by virtue of being a party to this Agreement strictly confidential and must not use or disclose such information or data except for a purpose contemplated by this Agreement.

  (c)The Consultant’s obligations under this clause 6 will survive termination of this Agreement.

  7.INTELLECTUAL PROPERTY

  7.1.Bionomics’ Rights

  Bionomics will be solely and absolutely entitled to any Intellectual Property Rights derived from any concept, idea, work, process or item created, developed or discovered by, or under the direction or oversight of, the Consultant in the course of performing the Services and the parties agree that any such Intellectual Property Rights will, without the need for any further action, vest in Bionomics upon their creation.  

  7.2.Assistance to be Provided

  The Consultant must do all things which Bionomics may reasonably require in order to perfect, protect or exploit Bionomics’ title to any of the Intellectual Property Rights referred to in clause 7.1. Bionomics will reimburse the Consultant for all reasonable costs and expenses incurred by the Consultant in taking such action.  

  7.3.Vesting of Intellectual Property Rights

  If any Intellectual Property Rights to which Bionomics is entitled pursuant to clause 7.1 do not vest in Bionomics upon their creation, the Consultant will do all things which Bionomics may reasonably require in order to assign those Intellectual Property Rights to Bionomics.  

  7.4.Maintenance of Integrity

  The Consultant will not do anything or aid or assist any other person to do anything which would infringe upon, harm, challenge, deny, question or contest the validity of the Intellectual Property Rights, or their ownership by Bionomics.  If the Consultant learns of any actual or threatened infringement or piracy of Bionomics’ Intellectual Property Rights, the Consultant must immediately notify Bionomics of such infringement or piracy.

  7.5.Unauthorised Use

  The Consultant will not use Bionomics’ letterhead, Bionomics’ name or Bionomics’ resources for any purpose other than the performance of the Consultant’s duties under this contract without the express authorisation of Bionomics.

  Exh. 4.19-7

  

   

  7.6.Survival of Obligations

  The Consultant’s obligations under clauses 7.1, 7.2, 7.3 and 7.5 will survive the expiration or termination of this Agreement.

  8.TERMINATION

  8.1.Termination by Bionomics

  (a)Subject to clause 8.1(b), Bionomics may terminate this Agreement for any reason whatsoever by providing the Consultant with one month’s written notice. This right is in addition to, and not exclusive of, rights and remedies provided by law.

  (b)Bionomics may terminate this Agreement with immediate effect if the Consultant has failed to perform or observe any of the obligations and undertakings to be performed under this Agreement and Bionomics has given notice to the Consultant that it requires the default to be remedied within 7 days and the claimed default has not been remedied within that 7 day period.

  8.2.Termination by Consultant

  The Consultant may terminate this Agreement for any reason whatsoever by giving Bionomics one month’s written notice.

  8.3.Payments

  Where this Agreement is terminated by Bionomics under clause 8.1 (a), the Consultant will be entitled to receive remuneration pursuant to clause 3 in respect of Services properly performed, and expenses incurred, up to the date of termination, including the target bonus in Schedule 3(c) earned for the period up to the termination date.

  Where the Agreement is terminated by Bionomics under clause 8.1(b) or the Consultant under clause 8.2, the Consultant will be entitled to receive remuneration pursuant to clause 3 in respect of Services properly performed, and expenses properly incurred, up to the date of termination.

  8.4.Consequences of Termination or Expiration

  Upon the termination or expiration of this Agreement, each party will deliver to the other:

  (a)all property of the other in its possession or control; and

  (b)all Confidential Information of the other party, howsoever stored.

  Upon the termination or expiration of this Agreement the Consultant will cease performing the Services.

  9.INDEMNITY

  (a)The Consultant must indemnify and keep indemnified Bionomics, its officers, employees, agents, licensees, successors and assigns from and against all and any damages, liabilities, judgment, losses, costs and expenses, including legal fees, suffered or incurred by Bionomics, its officers, employees, agents, licensees, successors and assigns arising from any claim, suit, action or proceeding by any person as a result, whether directly or indirectly of:

  (i)any breach of this Agreement by the Consultant;

  (ii)any claim by any person that the rights granted to Bionomics under this Agreement infringe the rights, including the Intellectual Property Rights, of any person.

  (b)The Consultant will at all times indemnify Bionomics, its successors, licensees and assigns from and against any and all damages, liabilities, judgment, losses, costs and expenses, including legal fees, arising 

  Exh. 4.19-8

  

   

  out of any breach by the Consultant of any provision of this Agreement, provided that Bionomics will notify the Consultant in writing immediately it becomes aware of any such claim or action, and no such claim or action will be compromised or settled without consultation with the Consultant.

  10.NOTICE

  10.1.How Notices Must Be Given

  A notice, approval, direction, consent, offer, demand or other communication in connection with this Agreement must be:

  (a)in writing;

  (b)signed by an authorised officer of the relevant party; and

  (c)given to the recipient party:

  (i)by hand delivery;

  (ii)by pre-paid mail sent to that party; or

  (iii)by facsimile transmission to that party.

  10.2.Where Such Notices Must Be Sent

  For the purposes of clause 10.1:

  (a)deliveries must be delivered to the address of the recipient party set out below;

  (b)mail must be sent to the address of the recipient party set out below;

  (c)facsimile messages must be transmitted to the facsimile number of the recipient party set out below; and in each case

  must be marked for the attention of the person specified below in relation to the recipient party:

   

  			
	 
	Name: 
	Bionomics Limited

	 
	Address:
	200 Greenhill Road
Eastwood  SA  5063

	 
	Attention:
	Mr Errol De Souza 

	 
	Facsimile:
	+61 8 8354 6181

	 
	Name:
	JB Strategy Partners LLC
c/o Mr Connor B. Bernstein

	 
	Address:
	1257 Crompton Road, Redwood City, CA 94061, USA

	 
	Email:
	ConnorBBernstein@gmail.com

   

  10.3.Change of Details

  (a)A party may from time to time change any of the details specified above by not less than five (5) Business Days’ notice to each other party.

  Exh. 4.19-9

  

   

  (b)If details are changed in accordance with this clause, this clause applies as if those changed details were set out above.

  10.4.Proof of Notices

  (a)Proof of posting by pre-paid mail of a notice in accordance with clauses 10.1 and 10.2 is proof of receipt of such notice on the second clear Business Day after posting.

  (b)Proof of transmission by facsimile of a notice in accordance with clauses 10.1 and 10.2 is proof of legible receipt on the date of transmission, but if a transmission is not made on a Business Day or not made before 4.00 pm, then it will be deemed to have been received at 10.00 am on the next Business Day after transmission.

  11.MISCELLANEOUS PROVISIONS

  11.1.No Waiver

  A party's failure or delay to exercise a power or right is not a waiver of that right, and the exercise of a power or right does not preclude the future exercise of that or any other power or right.

  11.2.Entire Agreement

  This Agreement is the entire agreement between the parties as to its subject matter and supersedes all prior agreements, representations, conduct and understandings. 

  11.3.Amendments

  No amendment of, nor addition to, this Agreement is binding unless it is in writing and executed by the parties to this Agreement.

  11.4.Severance

  If any provision of this Agreement is held by a court to be void or unenforceable in whole or in part, the Consultant and Bionomics agree that the relevant provision or part of the provision shall be severed from this Agreement and that the remainder of this Agreement shall continue to be valid and enforceable.

  11.5.Law

  This Agreement is governed by the law of the State of South Australia and the parties submit to the non-exclusive jurisdiction of the courts of South Australia.

  11.6.No Assignment

  The Consultant may not assign or subcontract its rights and obligations under this Agreement without the prior written consent of Bionomics.  Bionomics may assign or subcontract its rights and obligations under this Agreement.

  Exh. 4.19-10

  

   

  EXECUTION

   

  Executed by the parties as an Agreement.

   

  		
	SIGNED for and on behalf of 
	)

	BIONOMICS LIMITED by its duly 
	)

	authorised officer
	) /s/ Errol de Souza

	 
	......................................................

	 
	Signature of Authorised Person

	 
	 

	 
	Executive Chairman

	 
	Office Held

	 
	 

	 
	Errol B De Souza

	 
	Name of Authorised Person

	 
	 

   

   

   

  		
	 
	 

	SIGNED for and on behalf of
	)  /s/ Connor Bernstein

	THE CONSULTANT
	)  ......................................................

	MR CONNOR B BERNSTEIN
	)  Signature of Consultant

	 
	 

   

  Exh. 4.19-11

  

   

  SCHEDULE 1

   

  Item 1 Consultant

   

  		
	Name:  Mr Connor B Bernstein
	 

	JB STRATEGY PARTNERS LLC
	 

	 
	 

	Address: 1257 Crompton Road, Redwood City, CA 94061, USA
	 

	 
	 

	 
	 

	Telephone:  0011 1 (831) 246 3642
	 

	Email: ConnorBBernstein@gmail.com
	 

   

  Item 2 Commencement Date

  The Commencement Date shall be 1 April 2021

  Item 3 Expiry Date

  The Expiry Date shall be the 31 March 2022

  Exh. 4.19-12

  

   

  SCHEDULE 2

  SERVICES

  The Consultant will devote approximately 80% of his time to perform the duties of Vice President of Strategy & Corporate Development. Those duties shall be as directed by the Executive Chairman and will include:

  •work closely with the Executive Chairman to develop and execute on the Corporate and Finance Strategy for the Company;

  •coordinate internal efforts related to investor and public relations including external discussions with investment banks, analysts, investment funds and shareholders;

  •coordination of all activities (including legal and audit) in conjunction with CFO and Executive Chairman related to exploration and execution as necessary for listing on Nasdaq;

  •coordination of activities related to corporate development including in-licensing and out- licensing; and

  •such other duties and responsibilities as the Executive Chairman may request from time to time; collectively referred to as Executive Services.

  Exh. 4.19-13

  

   

  SCHEDULE 3

  FEES

  The Fee shall for the provision of Executive Services shall be;

  (a)USD 15,000 per month payable by invoicing the Company at the end of each month during the provision of the Executive Services.

  Exh. 4.19-14

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