Document:

Exhibit 10.51

 

SUBLEASE
AGREEMENT

Shady
Oak Office Center

10901
Red Circle Drive, Suite 150, Minnetonka, MN 54343

 

 

 

THIS
SUBLEASE AGREEMENT (this “Sublease”) is made by and between National American University, a division of Dlorah,
Inc., a South Dakota corporation, with offices located at 5301 Mount Rushmore Road, Rapid City, SD 57701 (’‘NAU”), and NeuroOne
Medical Technologies Corporation, a Delaware corporation, with offices located 10006 Liatris Lane, Eden Prairie, MN 55347
(“NeuroOne”).

 

	A.	NAU,
                                         as Tenant, currently leases from Shady Oak Office Center LLC (“Landlord”) certain
                                         office space located at Shady Oak Office Center, 10901 Red Circle Drive, Suite 150, Minnetonka,
                                         MN 55343 pursuant to a Lease Agreement, dated August 17, 2009, as subsequently amended
                                         by the First Lease Amendment, dated August 7, 2013. Copies of the Lease Agreement and
                                         First Lease Amendment (collectively referred to as the “Master Lease”) are
                                         attached hereto as Exhibit “A.”

 

	B.	NAU
                                         and NeuroOne wish to enter into a sublease agreement by which NAU would sublease the
                                         above described premises to NeuroOne.

 

	C.	NAU
                                         will continue to be responsible for payments to Landlord, to the extent NeuroOne fails
                                         to fulfill any of its obligations as the subtenant under the Master Lease.

 

	D.	NAU
                                         shall remain fully liable for all Tenant’s obligations under the Master Lease for the
                                         remainder of the current Master Lease term.

 

In
consideration of the mutual promises and covenants contained herein, the parties agree that NAU subleases to NeuroOne and NeuroOne
subleases from NAU the following-described premises on the following terms and conditions, subject to the Landlord’s
consent as set forth in Section 23 below:

 

	1.	Premises.
                                         The leased premises consist of 5,196 rentable square feet located Shady Oak Office
                                         Center, 10901 Red Circle Drive, Suite 150, Minnetonka, MN 55343 (the “Premises”),
                                         as more particularly described in the Master Lease, a copy of which is attached hereto
                                         as Exhibit “A.” In addition, NeuroOne shall be entitled in the non-exclusive
                                         access to the parking Jot and designated parking stalls as described in the Master Lease.

 

	2.	Use.
                                         NeuroOne may use and occupy the Premises as offices for activities related to its
                                         medical technology company. NeuroOne will not engage in any activity in violation of
                                         the Master Lease.

 

	3.	Term.
                                         The term of this Sublease will commence on December 1, 2018, and terminate at 11:59
                                         p.m. October 31, 2019 (the “Sublease Term”), unless sooner terminated by mutual
                                         agreement of the parties or as set forth in Sections 15 and 16 below. The Sublease Term
                                         may commence earlier by agreement of the parties and Landlord’s written consent to this
                                         Sublease.

 

	4.	Rent.
                                         During the term of this Sublease, NeuroOne shall pay NAU monthly rent of $4,763.00,
                                         due in advance on the first day of each month. If a rent payment is not received by NAU
                                         within thirty (30) days after it becomes due, NeuroOne will also pay a late charge of $100.00.
                                         NeuroOne shall have no obligation to reimburse NAU or Landlord for any Operating Expenses
                                         as referenced in Section III.4. of the Master Lease, however subject to the terms of
                                         the Master Lease NAU will reimburse Landlord for all Operating Expenses not paid by NeuroOne.

 

	5.	Utilities,
                                         Telephone, and Internet. NeuroOne will directly pay any separately metered utilities
                                         furnished to the Premises. NeuroOne will also be responsible for its own telephone and
                                         internet service.

 

	6.	Condition
                                         & Maintenance. NeuroOne will maintain the Premises and keep them in good repair
                                         in accordance with Tenant’s obligations under the Master Lease. NeuroOne will promptly
                                         notify NAU of the necessity of any maintenance, repairs, or replacement to be performed
                                         by Landlord under the terms of the Master Lease.

 

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National
American University / NeuroOne Medical Technologies Corporation

Sublease
Agreement

 

	7.	Furniture.
During the term of this Sublease, NAU will allow NeuroOne to utilize NAU’s furniture located on the Premises at no additional
charge. Such furniture will not be removed from the Premises and will be returned to NAU in substantially the same condition as
when the Sublease Term began, normal wear and tear excepted. NeuroOne shall have the option to purchase the Furniture at the end
of the Sublease Term for the purchase price of One Dollar ($1.00).

 

	8.	Signage.
                                         NeuroOne shall be allowed to install and maintain signage at its own expense, as
                                         set forth in the Master Lease.

 

	9.	Access
                                         to Premises. NAU may enter the Premises to inspect, maintain, and repair the same
                                         after reasonable written notice to NeuroOne, or at any time such entry is deemed to be
                                         an emergency.

 

	10.	Alterations.
NeuroOne may not make any improvements or significant alterations to the Premises without NAU’s and Landlord’s prior written
approval.

 

	11.	Insurance.
NeuroOne shall carry, at its own expense, comprehensive general liability insurance covering the Premises and NeuroOne’s use
of the Premises for any casualty resulting in bodily injury, death or property damage with limits and coverage as delineated in
Section V.13. of the Master Lease. The policy shall be primary and non-contributory and name NAU as an additional insured. The
policy shall include an endorsement that the insurer will notify NAU at least thirty (30) days prior to any material modification
or cancellation of such policy. NeuroOne shall further carry, at its own expense, property insurance, as set forth in Section
V.14. of the Master Lease.

 

	12.	Indemnification
                                         and Waiver of Subrogation. Each party shall indemnify and hold harmless the other
                                         party, its directors, officers, employees, agents, and assigns from and against all actual
                                         and threatened claims and liabilities, including reasonable attorneys’ fees and expenses
                                         incurred in the defense of such claims, relating to personal injury or property damage,
                                         to the extent those claims and liabilities arise out of the acts or omissions of the
                                         indemnifying party, except that a party carrying insurance and suffering any loss
                                         covered by that insurance releases the other party from all claims with respect to that
                                         loss, including claims with respect to negligence. NAU and NeuroOne agree that their
                                         respective insurance carriers shall have no right of subrogation against the other as
                                         a result of any such loss.

 

	13.	Surrender
                                         of Premises. At the expiration or earlier termination of this Sublease, NeuroOne
                                         shall quietly yield and surrender the Premises to NAU in in substantially the same condition
                                         as when the Sublease Term began, normal wear and tear excepted.

 

	14.	Notices.
                                         All notices required under this Sublease shall be given to the parties at the addresses
                                         set forth below and shall be provided by certified mail return receipt, overnight courier,
                                         or hand-delivered. Either party may change its notice address upon written notice to
                                         the other party.

 

	 	National American University	 	 	NeuroOne Medical Technologies Corporation
	 	Attn: Mike Buckingham	 	 	Attn: Dave Rosa
	 	  President of Real Estate Operations	 	 	10901 Red Circle Drive, Suite 150
	 	5301 Mount Rushmore Road	 	 	Minnetonka, MN 54343
	 	Rapid City, SD 57701	 	 	 
	 	 	 	 	with copy to: 
	 	with copy to:	 	 	
	 	 	 	 	Honigman Miller Schwartz and Cohn LLP 
	 	National American University	 	 	Attn: Phillip D. Torrence, Esq.
	 	Attn: Office of General Counsel	 	 	650 Trade Center Way, Suite 200
	 	5301 Mount Rushmore Road	 	 	Kalamazoo, MI 49002
	 	Rapid City, SD 57701	 	 	

  

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National
American University / NeuroOne Medical Technologies Corporation

Sublease
Agreement

 

	15.	Default.
Time is of the essence to this Sublease. In the event either party defaults in any provision of this Sublease, then the non-defaulting
party shall give the defaulting party written notice of the nature of the default and the defaulting party shall have a period
of thirty (30) days from receipt of such notice to correct such default, or if such default cannot reasonably be cured within
thirty (30) days, the defaulting party must commence cure within thirty (30) days of receipt of such notice.

 

	16.	Remedies.
                                         In the event either party fails to timely cure any default, after receipt of notice,
                                         the non-defaulting party may exercise any and all legal or equitable remedies available
                                         under the laws of the state of Minnesota. Failure to exercise any one or more remedies
                                         available to the non-defaulting party upon default shall not be deemed as a waiver to
                                         exercise such remedies upon any future default. In any litigation arising out of this
                                         Sublease, the prevailing party shall be entitled to recover from the other party reasonable
                                         attorneys’ fees and disbursements, as allowed by law. In no event shall either party
                                         be liable for any special, indirect, incidental, consequential or punitive damages,

 

	17.	Assignment.
                                         NeuroOne may not assign this Sublease or sublet the Premises without the prior written
                                         consent of NAU and the Landlord.

 

	18.	Covenants. NAU
                                                                                                                                                             shall use best efforts to maintain the Master Lease in full force and effect throughout the Sublease Term, and to
                                                                                                                                                             maintain and preserve NeuroOne’s rights under this Sublease. NAU agrees that it shall not, directly or indirectly,
                                                                                                                                                             amend or modify the Master Lease in any manner which may materially and adversely affect the rights and obligations of
                                                                                                                                                             NeuroOne under this Sublease.

 

	19.	Keys.
                                         NAU shall furnish NeuroOne with keys and/or access cards for each corridor door entering
                                         the Premises or Building.

 

	20.	Representations
                                         and Warranties. NAU hereby represents and warrants that (a) a true, complete and
                                         correct copy of the Master Lease is attached hereto as Exhibit “A” and that
                                         the Master Lease is fully valid and enforceable and is currently in full force and effect;
                                         (b) NAU has not assigned or sublet the Premises, or any portion thereof, or otherwise
                                         transferred its interest under the Master Lease, except as contemplated herein; (c) neither
                                         NAU or the Landlord is in default under the Master Lease and no condition exists which
                                         with the giving of notice or the passage of time, or both, would constitute a default
                                         under the Master Lease by NAU or Landlord.

 

	21.	Binding
                                         Effect. This Sublease shall be binding upon and inure to the benefit of the parties,
                                         their successors, legal representatives, and assigns.

 

	22.	Compliance
                                         with Laws and Master Lease. NeuroOne shall comply in all material respects with all
                                         applicable laws and ordinances respecting the use and occupancy of the Premises, and
                                         shall comply with and be bound by all terms and conditions of the Master Lease applicable
                                         to the Premises, except for those specific terms contained herein to the contrary.

 

	23.	Master
                                         Lease & Landlord Consent. This Sublease is subject and subordinate to
                                         the terms and conditions of the Master Lease and is subject to receipt of Landlord’s
                                         written consent. This Sublease shall be null and void in the event that Landlord does
                                         not provide such consent by December 1, 2018. This Sublease shall be limited by the provisions
                                         of the Master Lease and NeuroOne shall not have any other or further rights than NAU
                                         has under the Master Lease. In the event of any conflict between the terms and conditions
                                         of the Master Lease and the terms and conditions of this Sublease, this Sublease shall
                                         control and govern. All capitalized terms not otherwise defined in this Sublease shall
                                         have the meanings set forth for such terms in the Master Lease.

 

	24.	Landlord
                                         Contingencies. This Sublease is subject and conditioned to Landlord’s receipt of:
                                         a) payment of a review fee of $500 payable to Wellington Management, Inc.; and b) receipt
                                         and approval of NeuroOne’s insurance certificate meeting the insurance requirements of
                                         the Master Lease.

 

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National
American University / NeuroOne Medical Technologies Corporation

Sublease
Agreement

 

	25.	Signatures.
                                         This Sublease may be executed in one or more counterparts, each bearing the signatures
                                         of one or more parties. Each counterpart shall be considered an original and all of the
                                         counterparts shall constitute a single agreement binding all the parties as if all had
                                         signed a single document. For purposes of executing this Sublease, a document signed
                                         and transmitted by electronic means (such as in PDF format via e-mail) is to be treated
                                         as an original document. The signature of any party is to be considered as an original
                                         signature and the document transmitted is to be considered to have the same binding effect
                                         as an original signature on an original document.

 

	26.	Entire
                                         Agreement. This document constitutes the entire agreement between the parties and
                                         supersedes all previous communications, representations, or agreements, either verbal
                                         or written, between the parties relating to the subject matter. There may be no modification
                                         of this agreement, except in writing executed by the parties.

 

	 	National American University	 	NeuroOne Medical Technologies Corporation
	 	 	 	 	 
	 	By:	/s/ Ronald Shape	 	By:	/s/ Dave Rosa
	 	 	Dr. Ronald Shape	 	 
	 	 	President & Chief Executive Office	 	Print Name:  	Dave Rosa
	 	 	 	 	 
	 	 	 	 	Title:	CEO
	 	 	 	 	 
	 	Date:	8/9/18	 	Date:	11/13/18

 

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National
American University / NeuroOne Medical Technologies Corporation

Sublease Agreement

 

CONSENT
OF LANDLORD

 

Shady
Oak Office Center, LLC consents to the foregoing Sublease Agreement between National American University, a division of Dlorah,
Inc., a South Dakota corporation, and NeuroOne Medical Technologies Corporation, a Delaware corporation, and to the terms set
forth in the Sublease Agreement, which consent does not release, nor shall it be construed to release, National American University,
a division of Dlorah, Inc., a South Dakota corporation, from any liability, obligations, and responsibilities to Landlord under
the underlying Master Lease, and National American University, a division of Dlorah, Inc., a South Dakota corporation, remains
fully liable, responsible and obligated to Landlord under all provisions of such lease agreement.

 

		Shady
         Oak Office Center, LLC
	 	 	 
	 	By:	/s/
                                         Stephen B. Wellington
	 	 	 
	 	Print
                                         Name: 	Stephen
                                         B. Wellington Jr.
	 	 	 
	 	Title:	Chief
                                         Manager
	 	 	 
	 	Date:	11-14-18

 

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National
American University / NeuroOne Medical Technologies Corporation

Sublease Agreement

 

EXHIBIT
“A”

 

The
“Master Lease” referenced in the foregoing Sublease Agreement begins on following page and includes:

 

		●	Lease
                                         Agreement, dated August 17, 2009, between National American University and Shady
                                         Oak Office Center, LLC

 

		●	First
                                         Lease Amendment, dated August 7, 2013, between the above-named parties

 

    Page 6 of 6Exhibit 10.52

 

 

Form
of Employee Proprietary Information, Inventions
 Assignment
AND NON-COMPETITION Agreement

 

THIS
EMPLOYEE PROPRIETARY INFORMATION, INVENTIONS ASSIGNMENT AND NON-COMPETITION AGREEMENT (this “Agreement”)
is made as of the date set forth below between NeuroOne Medical Technologies Corporation,
a Delaware corporation (the “Company”), and the undersigned employee of the Company (“Employee”).

 

This
Agreement confirms certain terms of Employee’s employment with the Company, which Employee acknowledges are a material part
of the consideration for Employee’s employment by the Company, and the compensation received by Employee from the Company
from time to time.

 

1.
Definitions. The following capitalized terms used in this Agreement shall have
the following meanings:

 

(a)
“Company Documents and Materials” means documents or other media, whether in tangible or intangible form,
that contain or embody Proprietary Information or any other information concerning the business, operations or plans of the Company,
whether such documents or media have been prepared by Employee or by others. Company Documents and Materials include, without
limitation, blueprints, drawings, photographs, charts, graphs, notebooks, tests, test results, experiments, customer lists, computer
disks, tapes or printouts, sound recordings and other printed, electronic, typewritten or handwritten documents or information,
sample products, prototypes and models.

 

(b)
“Inventions” means, without limitation, all software programs or subroutines, source or object code, algorithms,
improvements, inventions, works of authorship, trade secrets, technology, designs, formulas, ideas, processes, techniques, know-how
and data, whether or not patentable or copyrightable, made or discovered or conceived or reduced to practice or developed by Employee,
either alone or jointly with others.

 

(c)
“Proprietary Information” means information that was or will be developed, created, or discovered by or
on behalf of the Company, or which became or will become known to, or was or is conveyed to the Company, which has commercial
value in the Company’s business, whether or not patentable or copyrightable, including, without limitation, information
about software programs and subroutines, source and object code, algorithms, trade secrets, designs, technology, know-how, processes,
data, ideas, techniques, inventions, works of authorship, formulas, business and product development plans, customer lists, terms
of compensation and performance levels of the Company’s employees and consultants, the Company’s customers and other
information concerning the Company’s actual or anticipated business, research or development, or which is received in confidence
by or for the Company from any other person or entity.

 

2.
Confidentiality of Proprietary Information.

 

(a)
Nature of Information. Employee understands that the Company possesses and will possess Proprietary Information which is important
to its business. Employee understands that Employee’s engagement creates a relationship of confidence and trust between
the Company and Employee with respect to Proprietary Information.

 

(b)
Property of the Company. Employee acknowledges and agrees that all Company Documents and Materials, Proprietary Information
and all patents, patent rights, copyrights, trade secret rights, trademark rights and other rights (including, without limitation,
intellectual property rights) anywhere in the world in connection therewith is and shall be the sole property of the Company.
Employee hereby assigns to the Company any and all rights, title and interest Employee may have or acquire in the Proprietary
Information or any Company Documents and Materials.

 

    1

     

    

 

(c)
Confidentiality. At all times, both during the term of Employee’s engagement by the Company and after Employee’s
termination, Employee shall keep in confidence and trust and shall not use or disclose any Proprietary Information or anything
relating to it without the prior written consent of the Chief Executive Officer or other duly designated officer of the Company,
except as may be necessary in the ordinary course of performing Employee’s duties for the Company; provided, however, that
Employee shall have no such obligation with respect to Proprietary Information that (i) was already known to Employee at the time
of its disclosure to Employee by or on behalf of the Company, as evidenced by written records (ii) at the time of disclosure to
Employee was generally available to the public or otherwise in the public domain, or (iii) subsequent to such disclosure becomes
generally available to the public without fault on Employee’s part.

 

(d)
Compelled Disclosure. In the event that Employee is requested in any proceeding to disclose any Proprietary Information, Employee
shall give the Company prompt notice of such request so that the Company may seek an appropriate protective order. If, in the
absence of a protective order, Employee is nonetheless compelled by any court or tribunal of competent jurisdiction to disclose
Proprietary Information, Employee may disclose such information without liability hereunder; provided, however, that Employee
gives the Company notice of the Proprietary Information to be disclosed as far in advance of its disclosure as is practicable
and uses Employee’s best efforts to obtain assurances that confidential treatment will be accorded to such Proprietary Information.

 

(e)
Records. Employee agrees to make and maintain adequate and current written records, in a form specified by the Company, of
all Inventions, trade secrets and works of authorship assigned or to be assigned to the Company pursuant to this Agreement.

 

(f)
Handling of the Company Documents and Materials. Employee agrees that during Employee’s employment by the Company, Employee
shall not remove any Company Documents and Materials from the business premises of the Company or deliver any Company Documents
and Materials to any person or entity outside the Company, except as Employee may be required to do in connection with performing
the duties of Employee’s employment. Employee further agrees that, immediately upon the termination of Employee’s
employment by Employee or by the Company for any reason, or during Employee’s employment if so requested by the Company,
Employee shall return all Company Documents and Materials, apparatus, equipment and other physical property, or any reproduction
of such property, excepting only (i) Employee’s personal copies of personnel records and records relating to Employee’s
compensation; and (ii) Employee’s copy of this Agreement.

 

3.
Inventions.

 

(a)
Disclosure. Employee shall promptly disclose in writing to Employee’s immediate supervisor or to such other person designated
by the Company all Inventions made during the term of Employee’s employment. Employee shall also disclose to Employee’s
immediate supervisor or such designee all Inventions made, discovered, conceived, reduced to practice or developed by Employee
either alone or jointly with others, within six (6) months after the termination of Employee’s employment with the Company
which resulted, in whole or in part, from Employee’s prior employment by the Company. Such disclosures shall be received
by the Company in confidence, to the extent such Inventions are not assigned to the Company pursuant to subsection (b) below,
and do not extend the assignments made in such subsection.

 

    2

     

    

 

(b)
Assignment of Inventions to the Company. Except as provided in Sections 3(c) and 3(d), Employee agrees that all Inventions
which Employee makes, discovers, conceives, reduces to practice or develops (in whole or in part, either alone or jointly with
others) during Employee’s employment, including, but not limited to, conceptions or ideas derived prior to
employment and reduced to practice or developed (in whole or in part, either alone or jointly with others) during employment,
shall be the sole property of the Company to the maximum extent permitted by law and Employee agrees to assign and hereby
does assign to the Company all right title and interest to the Inventions.  

 

(c)
Works Made for Hire. Employee agrees that the Company shall be the sole owner of all patents, patent rights, copyrights, trade
secret rights, trademark rights and all other intellectual property or other rights in connection with Inventions. Employee further
acknowledges and agrees that such Inventions, including, without limitation, any computer programs, programming documentation
and other works of authorship, are “works made for hire” for purposes of the Company’s rights under copyright
laws. Employee hereby assigns to the Company any and all rights, title and interest Employee may have or acquire in such Inventions.
If in the course of Employee’s employment with the Company, Employee incorporates into a Company product, process or a machine
a prior Invention or improvement owned by Employee or in which Employee has an interest, and listed in Exhibit 1, the
Company is hereby granted and shall have a non-exclusive, royalty-free, irrevocable, perpetual, sublicensable, worldwide license
to make, have made, modify, use, market, sell and distribute such prior Invention as part of or in connection with such product
process or machine.  Pursuant to Section 3(d), if in the course of Employee’s employment with the Company, Employee
incorporates into a Company product, process or a machine a prior Invention or improvement owned by Employee or in which
Employee has an interest, but not listed in Exhibit 1, Employee agrees to assign and hereby does assign all rights and interest
in the Invention to the Company.

 

(d)
List of Inventions. Employee has attached hereto as Exhibit 1 a complete list of all Inventions or improvements to which Employee
claims ownership or in which Employee has an interest and that Employee desires to remove from the operation of this Agreement.
Employee acknowledges and agrees that such list is complete. If no such list is attached to this Agreement or such Exhibit has
not been completed and signed by Employee, Employee represents to the Company and agrees that Employee has no such Inventions
or improvements at the time of signing this Agreement.

 

(e)
Cooperation. Employee agrees to perform, during and after Employee’s employment, all acts deemed necessary or desirable
by the Company to permit and assist it, at the Company’s expense, in further evidencing and perfecting the assignments made
to the Company under this Agreement and in obtaining, maintaining, defending and enforcing patents, patent rights, copyrights,
trademark rights, trade secret rights or any other rights in connection with such Inventions and improvements in any and all countries.
Such acts may include, without limitation, execution of documents and assistance or cooperation in legal proceedings. Employee
hereby irrevocably designates and appoints the Company and its duly authorized officers and agents, as Employee’s agents
and attorney-in-fact, coupled with an interest, to act for and on Employee’s behalf and in Employee’s place and stead,
to execute and file any documents, applications or related findings and to do all other lawfully permitted acts to further the
purposes set forth above in this Section, including, without limitation, the perfection of assignment and the prosecution and
issuance of patents, patent applications, filing with the FDA, copyright applications and registrations, trademark applications
and registrations or other rights in connection with such Inventions and improvements with the same legal force and effect as
if executed by Employee.

 

    3

     

    

 

(f)
Assignment or Waiver of Moral Rights. Any assignment of copyright hereunder (and any ownership of a copyright as a work made
for hire) includes all rights of paternity, integrity, disclosure and withdrawal and any other rights that may be known as or
referred to as “Moral Rights” (collectively, “Moral Rights”). To the extent such Moral Rights
cannot be assigned under applicable law and to the extent the following is allowed by the law in the various countries where Moral
Rights exist, Employee hereby waives such Moral Rights and consents to any action of the Company that would violate such Moral
Rights in the absence of such consent.

 

(g)
Holdover Assignment.

 

(i)
Employee agrees to, after the termination of Employee’s employment with the Company for any reason, (1) disclose immediately
to the Company all Inventions, patentable or not; (2) assist, at the Company’s expenses such applications for United States
patents and foreign patents covering such Inventions as the Company may request; (3) assign to the Company without further compensation
to Employee the entire title and rights to all such Inventions and applications that Employee may have, and (4) execute, acknowledge,
deliver, or act as otherwise necessary at the request of the Company all such papers, including but not limited to patent applications,
assignments, power of attorney, as necessary to secure the Company the fully rights to such Inventions and applications.

 

(ii)
The Inventions which shall come under this Section 3(g) shall include all Inventions that (1) Employee conceives, reduces to practice,
or otherwise makes or develops, either solely or jointly with others, within one year after the termination of Employee’s
employment with the Company; and (2) are in any way based on any trade secret or confidential or proprietary information that
Employee learned during employment at the Company; or result from any work performed by Employee for the Company; or are in any
way related to the subject matter or activities of Employee’s employment at the Company.

 

4.
Non-Solicitation or Hire of Company Employees. During the term of Employee’s
employment and for one (1) year thereafter, Employee shall not encourage or solicit any employee of the Company to leave the Company
for any reason or to accept employment with any other person or entity. As part of this restriction, Employee shall not (a) interview
or provide any input to any third party regarding any such person during such time period, or (b) retain or hire in any capacity,
either individually or for any company by which Employee may be employed or with which Employee may be affiliated, any person
who is or was employed by the Company at any time during the time of Employee’s employment with Company and six (6) months
after the termination of Employee’s employment with the Company. Notwithstanding the foregoing, the restrictions of this
Section shall not apply with respect to the bona fide hiring and firing of the Company personnel to the extent such acts
are part of Employee’s duties for the Company.

 

5.
Non-Solicitation of Non-Employees. During the term of this Agreement and for
one (1) year thereafter, Employee shall not interfere with or attempt to impair the relationship between the Company and any of
its non-employee consultants and advisors or customers, nor shall Employee attempt, directly or indirectly, to solicit, entice,
hire or otherwise induce any non-employee consultant or advisor or customer of the Company to terminate association with Company

 

6.
Non-Competition. During the term of Employee’s employment and for one
(1) year thereafter, Employee shall not, with or without consideration, render services in any capacity to any person, business,
firm or the Company engaged in any business competitive with the business conducted by the Company at the time of Employee’s
employment with the Company, or the termination of Employee’s employment. Employee shall not become interested in any such
business involved in competitive activities with the Company, either directly or indirectly, as partner, stockholder, principal,
member, employee, agent, trustee, consultant, or any other relationship or capacity; provided, however, that such restriction
shall not apply with respect to a less than or equal to a one percent (1%) of an entity which is publicly traded and listed on
a recognized securities exchange.

 

    4

     

    

 

7.
Reasonableness of Terms. The Company and Employee agree that the terms contained
in Sections 2-6 of this Agreement are reasonable in all respects and that the restrictions contained therein are designed to ensure
that Employee does not engage in unfair competition with the Company. In the event a court determines that any of the terms or
provisions of this Agreement are unreasonable, the court may limit the application of any provision or term, or modify any provision
or term, and proceed to enforce this Agreement as so limited or modified.

 

8.
Remedies. Employee acknowledges that a violation of the terms of this Agreement
may give rise to irreparable injury to the Company inadequately compensable in damages, and accordingly, agrees that the Company
may seek injunctive relief against such breach or threatened breach, in addition to any other legal remedies which may be available,
including recovery of monetary damages. In any action successfully brought by the Company to enforce the rights of the Company
against Employee under this Agreement, the Company shall also be entitled to recover reasonable attorneys’ fees and costs
of the action, and the period of the restrictions above shall be deemed to commence upon the entry of the court’s order
for relief.

 

9.
General.

 

(a)
Severability. Employee agrees that if one or more provisions of this Agreement are held to be unenforceable under applicable
law, such provisions shall be excluded from this Agreement and the balance of the Agreement shall be interpreted as if such provision
were so excluded and shall be enforceable in accordance with its terms.

 

(b)
Authorization to Notify New Employer. Employee hereby authorizes the Company to notify Employee’s new employer about
Employee’s rights and obligations under this Agreement following the termination of Employee’s employment with the
Company.

 

(c)
Entire Agreement. This Agreement sets forth the entire agreement and understanding between the Company and Employee relating
to the subject matter herein and supersedes all prior discussions between them and any and all statements made by any officer,
employee or representative of the Company regarding the Company’s financial condition or future prospects. Employee understands
and acknowledges that, except as set forth in this Agreement and in the offer letter from the Company to Employee, (i) no other
representation or inducement has been made to Employee, (ii) Employee has relied on Employee’s own judgment and investigation
in accepting Employee’s employment with the Company, and (iii) Employee has not relied on any representation or inducement
made by any officer, employee or representative of the Company.

 

(d)
Amendment. No modification of or amendment to this Agreement nor any waiver of any rights under this Agreement shall be effective
unless in a writing signed by the Chief Executive Officer of the Company and Employee. Employee understands and agrees that any
subsequent change or changes in Employee’s duties, salary or compensation shall not affect the validity or scope of this
Agreement.

 

(e)
Effective Date and Binding Effect. This Agreement shall be effective as of the first day of Employee’s employment with
the Company and shall be binding upon Employee, Employee’s heirs, executor, assigns and administrators and shall inure to
the benefit of the Company, its subsidiaries, successors and assigns.

 

    5

     

    

 

(f)
Governing Law; Consent to Jurisdiction, Waiver of Jury Trial. This Agreement shall be governed by and construed in accordance
with the internal laws of the State of Minnesota, without regard to its principles of conflicts of laws. Each of the parties hereto
irrevocably submits to the exclusive jurisdiction of the courts of the State of Minnesota and any United States District Court
located in the State of Minnesota for the purpose of any suit, action, proceeding or judgment relating to or arising out of this
Agreement and the transactions contemplated hereby.  Service of process in connection with any such suit, action or proceeding
may be served on each party hereto anywhere in the world by the same methods as are specified for the giving of notices under
this Agreement.  Each of the parties hereto irrevocably consents to the jurisdiction of any such court in any such suit,
action or proceeding and to the laying of venue in such court.  Each party hereto irrevocably waives any objection to the
laying of venue of any such suit, action or proceeding brought in such courts and irrevocably waives any claim that any such suit,
action or proceeding brought in any such court has been brought in an inconvenient forum. 

 

EMPLOYEE
HAS READ THIS AGREEMENT CAREFULLY AND UNDERSTANDS AND ACCEPTS THE OBLIGATIONS WHICH IT IMPOSES UPON EMPLOYEE WITHOUT RESERVATION.
NO PROMISES OR REPRESENTATIONS HAVE BEEN MADE TO EMPLOYEE TO INDUCE EMPLOYEE TO SIGN THIS AGREEMENT. EMPLOYEE SIGNS THIS AGREEMENT
VOLUNTARILY AND FREELY.

 

	THE COMPANY:	 	EMPLOYEE:
	 	 	 	 
	NeuroOne Medical Technologies Corporation	 	
	 	 	 	  
	By:	 	 	
	Name: 	Dave A. Rosa	 	Print Name:
	Title:	President and CEO	 	 

 

Date:
[    ]

 

    6

     

    

 

Exhibit
1

 

The
following is a complete list of all Inventions or improvements relevant to the subject matter of Employee’s employment by
the Company that have been made or discovered or conceived or first reduced to practice by Employee either alone or jointly with
others prior to Employee’s employment by the Company that Employee desires to remove from the operation of the Company’s
Employee Proprietary Information, Inventions Assignment and Non-Competition Agreement:

 

	☐	No Inventions or improvements.

 

	☐	See below: Any and all Inventions regarding:

 

	☐	Additional sheets attached.

  

Employee
proposes to bring to Employee’s employment the following materials and documents of a former employer:

 

	☐	No materials or documents

 

	☐	See below:

 

	Date:	 	 	 
	 	 	Name:

 

    7

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