Document:

Assignment of Subscriber Unit License Agreement and Related Agreements

 EXHIBIT 10.2 
  
 Assignment of Subscriber Unit License Agreement 
 and Related Agreements 
  
 This Assignment of Subscriber Unit License Agreement and Related Agreements (the “Assignment”) is entered into as of October 17, 2005 (the “Effective Date”) among QUALCOMM Incorporated, a Delaware corporation
(“QUALCOMM”), Axesstel, Inc., a California corporation (“Axesstel California”), and Axesstel, Inc., a Nevada corporation (“Axesstel Nevada”), with respect to the following facts: 
  
 WHEREAS, QUALCOMM (or a QUALCOMM Affiliate) and Axesstel California are parties to each of
the following agreements: 
  

	 	(i)	Subscriber Unit License Agreement dated November 14, 2000, as amended (collectively, the “License Agreement”); 

  

	 	(ii)	Component Supply Agreement dated February 28, 2001 between Axesstel California and QUALCOMM CDMA Technologies Asia-Pacific PTE LTD. (“QCTAP”), as amended;

  

	 	(iii)	USB Host Driver Software Tools Limited Use Agreement dated October 21, 2004; 

  

	 	(iv)	DMSS5100 Software Agreement dated December 5, 2002, as amended; 

  

	 	(v)	DMSS5010 Software Agreement dated November 24, 2003; 

  

	 	(vi)	DMSS6000 Software Agreement dated March 25, 2005, as amended; 

  

	 	(vii)	AMSS6500 Software Agreement dated April 11, 2004, as amended; 

  

	 	(viii)	Agreement for RF Chipsets dated August 16, 2005; and 

  

	 	(ix)	Component Supply Agreement dated November 14, 2000 between Axesstel California and QUALCOMM; 

  
 (the foregoing agreements in (i) – (ix) shall be referred to collectively as the “Assigned
Agreements”); 
  
 WHEREAS, Axesstel
California is a wholly-owned subsidiary of Axesstel Nevada; and 
  
 WHEREAS,
Axesstel California has requested that QUALCOMM consent to the assignment of the Assigned Agreements to Axesstel Nevada, and QUALCOMM is willing to consent to such assignment subject to the terms and conditions set forth herein and in the Assigned
Agreements. 
  
 NOW, THEREFORE, the parties hereby agree as follows: 

 
 1. Definitions. Unless otherwise specified in this Assignment, capitalized terms
used herein shall have the meanings set forth in the License Agreement. 
  

 1 

 2. Assignment. As of the Effective Date: 
  

	 	2.1	Axesstel California hereby assigns to Axesstel Nevada, and Axesstel Nevada hereby accepts the assignment of, all of Axesstel California’s rights, title and interest in, to and
under the Assigned Agreements. 

  

	 	2.2	Axesstel California hereby delegates to Axesstel Nevada, and Axesstel Nevada hereby agrees to assume, the performance obligations and duties of all of the terms, conditions and
covenants to be performed by Axesstel California under the Assigned Agreements. 

  

	 	2.3	QUALCOMM (or QCTAP as the case may be) hereby consents to the transfer to Axesstel Nevada of all of the rights and obligations of Axesstel California under the Assigned Agreements
and, subject to the terms and conditions of this Assignment, hereby agrees that all duties and obligations of QUALCOMM (or QCTAP as the case may be) due and owing to Axesstel California under the Assigned Agreements shall henceforth be due and owing
to Axesstel Nevada instead of Axesstel California. 

  

	 	2.4	All references to Axesstel California in the Assigned Agreements shall be deemed references to Axesstel Nevada, and Axesstel Nevada is substituted for Axesstel California as the
LICENSEE under the License Agreement. 

  

	 	2.5	Notwithstanding the foregoing assignments and delegations, Axesstel California shall remain liable to QUALCOMM for all obligations arising under the License Agreement and the other
Assigned Agreements prior to the Effective Date and the licenses granted by Axesstel California to QUALCOMM under the License Agreement shall survive and remain in full force and effect as if the License Agreement had not been assigned to Axesstel
Nevada. 

  
 3. Notices. As of the Effective Date,
Section 21 of the License Agreement is amended to provide that notices to LICENSEE under the License Agreement shall be addressed as follows: 
  
 Axesstel, Inc. 
 6815 Flanders Drive, Suite
210 
 San Diego, California 92121 
 Facsimile No.: 858-625-2110 
 Telephone No.: 858-625-2100 
 Attn: Counsel 
  
 4. No Other Amendment or Modification. Except as expressly set forth in this Assignment, the License Agreement and the other Assigned Agreements shall remain in full force and effect without modification. The
terms and conditions of this Assignment 

  

 2 

 
shall not be modified or amended except by a writing signed by authorized representatives of all of the parties. 
  
 IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be executed by their
duly authorized representatives as of the Effective Date. 
  

									
	QUALCOMM Incorporated	 	 	 	QUALCOMM CDMA Technologies
	 	 	 	 	Asia-Pacific PTE LTD.
					
	By:	 	/s/ Derek Aberle	 	 	 	By:	 	/s/ James P. Lederer
	 Printed Name:  
	 	Derek Aberle	 	 	 	 Printed Name:  
	 	James P. Lederer
	 	 	 	 	 	 	 	 	Sr Vice President, Finance
	 Title:
	 	VP & GM, CDMA Licensing	 	 	 	 Title:
	 	QUALCOMM CDMA Technologies
	 Date:
	 	10/17/05	 	 	 	 Date:
	 	 

  

									
	Axesstel, Inc., a California corporation	 	 	 	Axesstel, Inc., a Nevada corporation
					
	By:	 	/s/ Mike H. P. Kwon	 	 	 	By:	 	/s/ Mike H. P. Kwon
	 Printed Name:  
	 	Mike H. P. Kwon	 	 	 	 Printed Name:  
	 	Mike H. P. Kwon
	 Title:
	 	Chairman	 	 	 	 Title:
	 	Chairman and CEO
	 Date:
	 	10-7-05	 	 	 	 Date:
	 	10-7-05

  

 3Amendment of Lease

 Exhibit 10.1 
  
 AMENDMENT OF LEASE 
  
 THIS AGREEMENT, made as of the 30th day of August, 2005, by and between BRENTWOOD PROPERTIES, INC., a Delaware corporation (hereinafter referred to as
“Landlord”) and BOSTON LIFE SCIENCES, INC., a Delaware corporation (hereinafter referred to as “Tenant”) 
  
 WITNESSETH THAT: 
  
 WHEREAS, by agreement dated January 28, 2002, as the same may from time to time have been amended (hereinafter referred to as the “Lease”),
Landlord leased to Tenant certain premises contained in the building known and numbered as 20-24 Newbury Street, Boston, Massachusetts, all as more particularly defined and set forth in the Lease; and 
  
 WHEREAS, Tenant is proposing to sublet that portion of the premises
comprising the fourth floor of the building to Small Army Inc., a Massachusetts corporation (hereinafter referred to as the “Small Army Sublease”); and 
  
 WHEREAS, Tenant is proposing to sublet that portion of the premises comprising the fifth floor of the building to Dell
Mitchell Architects, Inc., a Massachusetts corporation (hereinafter referred to as the “Dell Mitchell Sublease”); and 
  
 WHEREAS, each such Sublease is subject to Landlord’s consent in accordance with the applicable provisions of the Lease (hereinafter referred to as
“Landlord’s Consent”); and 
  
 WHEREAS, Landlord
has been requested, as part of Landlord’s Consent, to include provisions allowing each such subtenant to remain in possession of the applicable portion of the premises upon the terms and conditions of the relevant Sublease as if Landlord were
the sublandlord named therein, as a direct agreement between Landlord and the subtenant 

 
thereunder, in the event that the Lease terminates for any reason other than pursuant to Article X thereof (hereinafter referred to as the
“Non-Disturbance Provisions”); and 
  
 WHEREAS, Landlord
is willing in no event to so include the Non-Disturbance Provisions unless the Lease is amended as hereinafter set forth; and 
  
 WHEREAS, Tenant is willing to so amend the Lease; 
  
 NOW THEREFORE, for good and valuable consideration by each party paid to the other, and in further consideration of the foregoing recitals and the mutual
obligations set forth herein, the parties hereby agree as follows: 
  
 1. The Deposit provided for in Section 14.07 of the Lease shall be increased from $250,000 to $388,600 simultaneously with the execution and delivery of Landlord’s Consent, including the Non-Disturbance Provisions, with respect to
the Small Army and Dell Mitchell Subleases. For purposes hereof, the “Differential” shall be defined as the difference, as calculated by the Landlord at the end of each calendar quarter commencing on December 31, 2005, between
(a) the rent and other charges expected to become due under the Lease during the remainder of the term thereof and (b) the rent and other charges expected to become due under the Small Army Sublease and the Dell Mitchell Sublease, in each
case during the remainder of the term thereof after such Sublease is in full force and effect. So long as there is no existing default of Tenant under the Lease, the Deposit shall be reduced at the end of each calendar quarter by the amount (each
hereinafter referred to as a “Deposit Refund”), if any, (a) that the Differential is reduced below $521,719 (less any Deposit Refund(s) previously paid) until the Deposit has been reduced to $250,000, and thereafter (b) that the
Differential is reduced below $311,400 (less any Deposit Refund(s) previously paid) until the Deposit has been reduced to 

  

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$88,600. Landlord shall deliver the Deposit Refund due to Tenant, if any, within ten (10) days after each calendar quarter. 
  
 2. At such time as the amount of the Deposit is increased pursuant to
Paragraph 1, Landlord shall have no further obligation to hold in a separate account any portion of the Deposit paid in cash and may commingle such cash with other funds of Landlord. To the extent that any interest earned on the Deposit is to be
disbursed or otherwise credited to Tenant pursuant to the provisions of Section 14.07 of the Lease, such interest shall be deemed to accrue, in the case of any portion of the Deposit paid in cash as aforesaid, at the rate payable by Citizens
Bank of Massachusetts or its successor on a regular business money market account. 
  
 3. As set forth in Article VIII of the Lease, Landlord may, at any time and from time to time, collect rent and other charges payable by the subtenant under the Small Army Sublease and/or the Dell Mitchell Sublease
and apply the net amount collected to the rent and other charges reserved in the Lease without in any way releasing Tenant from its own obligations. Each such Sublease shall authorize Landlord to hold, and Landlord shall be entitled to so hold, any
security deposit payable by the subtenant thereunder. In the event that Landlord elects to collect rent and other charges due under a particular Sublease from the subtenant thereunder, Landlord may apply all or any part of such security deposit to
any such sum not paid in a timely manner. In all other respects, Tenant shall be responsible to properly account for such security deposit and Landlord shall permit the application thereof from time to time as Tenant may direct, subject to receipt
of such verification as Landlord may reasonably request regarding the circumstances alleged by Tenant to justify such application. 
  

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 4. The provisions of Section 14.07 of the Lease entitling Tenant to reduce the amount of the Deposit
upon satisfaction of certain conditions prescribed therein are hereby deleted and shall be of no further force or effect. 
  
 5. Tenant shall indemnify and hold Landlord harmless from and against any claim for a commission by any broker or other person in connection with this
Amendment, the Small Army Sublease, the Dell Mitchell Sublease, the granting of Landlord’s Consent with respect to either such Sublease or the inclusion of the Non-Disturbance Provisions as part of such Consent (hereinafter collectively
referred to as the “Transaction Documents”). Landlord warrants and represents that Landlord has dealt with no such broker other than those named in the Transaction Documents. 
  
 6. Tenant shall, forthwith upon demand, reimburse all costs and expenses (including without limitation reasonable
attorneys’ fees) incurred by Landlord in connection with the Transaction Documents, provided however that the amount which Tenant is obligated to so reimburse shall not exceed $5,000 in the aggregate. 
  
 7. Unless the context requires otherwise, the terms used herein shall be
defined as set forth in the Lease and construed in conformity therewith. 
  
 8. Except as herein modified, the Lease is hereby ratified and confirmed. 
  

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 IN WITNESS WHEREOF, Landlord and Tenant have caused this instrument to be executed under seal as of the
day and year first above written. 
  

			
	BRENTWOOD PROPERTIES, INC.
		
	 By
	 	Illegible
	 Its
	 	President
	 title
	 	(duly-authorized)
	
	 BOSTON LIFE SCIENCES, INC.

		
	 By
	 	/s/    MARK PYKETT        
	 Its
	 	President and COO
	 title
	 	(duly-authorized)

  

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