Document:

Exhibit 10.14

 

Lock-Up Agreement

 

[   ], 2022

 

Maxim Group LLC

405 Lexington Avenue,

New York, New York 10174

 

Ladies and Gentlemen:

 

The undersigned understands
that Maxim Group LLC (the “Placement Agent”) entered into a letter of engagement on August 16, 2022 (the “Agreement”)
with SAI.TECH Global Corporation, a Cayman Islands company (the “Company”), providing for the follow-on public offering
(the “Public Offering”) of securities of the Company, including shares (the “Shares”) of the Company’s
Class A ordinary shares (the “Ordinary Shares”).

 

To induce the Placement Agent
to continue its efforts in connection with the Public Offering, the undersigned hereby agrees that, without the prior written consent
of the Placement Agent, the undersigned will not, during the period commencing on the date hereof and ending three (3) months after the
date of the final prospectus (the “Prospectus”) relating to the Public Offering (the “Lock-Up Period”),
(1) offer, pledge, sell, contract to sell, grant, lend, or otherwise transfer or dispose of, directly or indirectly, any Ordinary Shares,
any securities convertible into or exercisable or exchangeable for Ordinary Shares, whether now owned or hereafter acquired by the undersigned
or with respect to which the undersigned has or hereafter acquires the power of disposition (collectively, the “Lock-Up Securities”);
(2) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership
of the Lock-Up Securities, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Lock-Up Securities,
in cash or otherwise; (3) make any demand for or exercise any right with respect to the registration of any Lock-Up Securities; or (4)
publicly disclose the intention to make any offer, sale, pledge or disposition, or to enter into any transaction, swap, hedge or other
arrangement relating to any Lock-Up Securities.

 

Notwithstanding the
foregoing, and subject to the conditions below, the undersigned may transfer Lock-Up Securities without the prior written consent of
the Placement Agent in connection with (a) transactions relating to Lock-Up Securities acquired in open market transactions after
the completion of the Public Offering; provided that no filing under Section 16(a) of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”), shall be required or shall be voluntarily made in connection with subsequent sales
of Lock-Up Securities acquired in such open market transactions; (b) transfers of Lock-Up Securities as a bona fide gift, by
will or intestacy or to a family member or trust for the benefit of a family member (for purposes of this lock-up agreement,
“family member” means any relationship by blood, marriage or adoption, not more remote than first cousin); (c) transfers
of Lock-Up Securities to a charity or educational institution; or (d) if the undersigned, directly or indirectly, controls a
corporation, partnership, limited liability company or other business entity, any transfers of Lock-Up Securities to any
shareholder, partner or member of, or owner of similar equity interests in, the undersigned, as the case may be; provided
that in the case of any transfer pursuant to the foregoing clauses (b), (c) or (d), (i) any such transfer shall not involve a
disposition for value, (ii) each transferee shall sign and deliver to the Placement Agent a lock- up agreement substantially in the
form of this lock-up agreement and (iii) no filing under Section 16(a) of the Exchange Act shall be required or shall be voluntarily
made. The undersigned also agrees and consents to the entry of stop transfer instructions with the Company’s transfer agent
and registrar against the transfer of the undersigned’s Lock-Up Securities except in compliance with this lock-up
agreement.

 

    

     

    

 

Any release or waiver granted
by the Placement Agent hereunder shall only be effective two (2) business days after the publication date of a press release announcing
such release or waiver. The provisions of this paragraph will not apply if (a) the release or waiver is effected solely to permit a transfer
of Lock-Up Securities not for consideration and (b) the transferee has agreed in writing to be bound by the same terms described in this
lock-up agreement to the extent and for the duration that such terms remain in effect at the time of such transfer.

 

No provision in this agreement
shall be deemed to restrict or prohibit the exercise, exchange or conversion by the undersigned of any securities exercisable or exchangeable
for or convertible into Ordinary Shares, as applicable; provided that the undersigned does not transfer the Ordinary Shares acquired
on such exercise, exchange or conversion during the Lock-Up Period, unless otherwise permitted pursuant to the terms of this lock-up agreement.
In addition, no provision herein shall be deemed to restrict or prohibit the entry into or modification of a so-called “10b5-1”
plan at any time (other than the entry into or modification of such a plan in such a manner as to cause the sale of any Lock-Up Securities
within the Lock-Up Period).

 

The undersigned understands
that the Company and the Placement Agent are relying upon this lock-up agreement in proceeding toward consummation of the Public Offering.
The undersigned further understands that this lock-up agreement is irrevocable and shall be binding upon the undersigned’s heirs,
legal representatives, successors and assigns.

 

The undersigned understands
that, if the Agreement is not executed within three (3) trading days of the date hereof, or if the Agreement (other than the provisions
thereof which survive termination) shall terminate or be terminated prior to payment for and delivery of the Shares to be sold thereunder,
then this lock-up agreement shall be void and of no further force or effect.

 

The undersigned understands
that this Agreement is intended for the benefit of the parties hereto and their respective permitted successors and assigns, and is not
for the benefit of, nor may any provision hereof be enforced by, any other Person.

 

Whether or not the Public
Offering actually occurs depends on a number of factors, including market conditions. Any Public Offering will only be made pursuant to
an Agreement, the terms of which are subject to negotiation between the Company and the Placement Agent.

 

[SIGNATURE PAGE TO FOLLOW]

 

    2

     

    

 

IN WITNESS WHEREOF, the undersigned has
signed this Agreement as of the date first written above.

 

	 	[Entity]
	 	 
	 	By:	 
	 	Name:	 
	 	Tite:	 

 

 

3Exhibit 10.1

    

   
   

    
    FIRST AMENDMENT TO LEASE AGREEMENT

    

       

    THIS FIRST AMENDMENT TO LEASE AGREEMENT (this “Amendment”) is made and entered
      into as of the 22 day of August, 2022, by and between JA-COLE, L.P., a Texas limited partnership (“Landlord”), and AXOGEN CORPORATION, a Delaware corporation (“Tenant”).

    

       

    RECITALS:

    

       

              A.          Landlord and Tenant are parties to that certain Commercial
        Lease dated October 1, 2020 (hereinafter, the “Lease”) with respect to certain space described therein containing approximately 2,500 rentable square feet and known as Unit A-11 in the project known as Boone Business Park having an address of 300
        Boone Rd A-11, Burleson, Texas, which Lease is presently scheduled to expire by its terms on October 31, 2022.

    

       

              B.          Landlord and Tenant have agreed to increase the area of
        the leased premises to include Unit A-12, to extend the term of the Lease to September 30, 2027, and to further modify and amend the Lease, all in the manner hereinafter set forth.

    

       

              NOW, THEREFORE, in consideration of the foregoing recitals, the mutual covenants contained herein and other good and
        valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree as follows:

    

       

    1.          Defined Terms; Recitals.  Except as otherwise set forth herein, all terms contained in this Amendment shall have the same meaning ascribed to them in the Lease.  The Recitals set forth above are true and correct.

    

       

    2.          Leased Premises.  Effective as of October 1, 2022 (the “Effective Date”), Paragraph 2A(1) of the Lease is hereby deleted in its entirety and replaced with the following:  “Multiple-Tenant

              Property: Suite or Unit Number A-11and A-12 containing approximately 5,000 square feet of rentable area in Boone Business Park at 300 Boone Rd., Units 11 and 12 in Burleson, Johnson County, Texas, which is legally described as Lot
          3, Block 1, Boone Business Park, Burleson, Johnson County, Texas.”  Tenant shall accept possession of Unit  A-12 on the Effective Date in  “AS-IS” condition.

    

       

    3.          Term.  Effective as of the Effective Date, Paragraph 3A of the Lease is hereby deleted in its entirety and replaced with the following:  “Term; The term of this lease is 84 months and 0 days, commencing on October 1, 2020
          (Commencement Date) and ending on September 30, 2027 (Expiration Date).”

    

       

    4.          Base Rent.  Effective as of the Effective Date, the amount of monthly Base Rent payable by Tenant to Landlord shall be as follows:

     

      

    
      1

      
        

    

    	 	
            Lease Months 

               

          	 	
            Annual Basic Rent 

               

          	 	
            Monthly Basic Rent

          	 
	 	
            10/1/2022 thru 9/30/2023

          	 	
            $11.00 / rsf / year

          	 	
            $

          	
            4,583.33

          	 
	 	
            10/1/2023 thru 9/30/2024

          	 	
            $12.00 / rsf / year

          	 	
            $

          	
            5,000.00

          	 
	 	
            10/1/2024 thru 9/30/2025

          	 	
            $12.36 / rsf / year

          	 	
            $

          	
            5,150.00

          	 
	 	
            10/1/2025 thru 9/30/2026

          	 	
            $12.73 / rsf / year

          	 	
            $

          	
            5,304.17

          	 
	 	
            10/1/2026 thru 9/30/2027

          	 	
            $13.11 / rsf / year

          	 	
            $

          	
            5,463.64

          	 

    

       

    5.          Security Deposit.  On or before the Effective Date, Tenant shall pay to Landlord $2,000.00 to be added to the security deposit held by Landlord under the Lease, so that the total amount of the security deposit under the
          Lease shall be $4,000.00.

    

       

    6.          Additional Rent.  Effective as of the
          Effective Date, Paragraph 4B(1) is checked and the Commercial Lease Addendum for Expense Reimbursement that is attached to this Amendment shall become part of the Lease.

    

       

    7.          Authority of Landlord and Tenant.  Landlord hereby represents and warrants to Tenant that the person signing this Amendment on behalf of Landlord is duly authorized to execute and deliver this Amendment, and that the
          execution and delivery of this Amendment and the performance of the terms hereof have been duly authorized by all necessary corporate action on the part of Landlord.  Tenant
          hereby represents and warrants to Landlord that the person signing this Amendment on behalf of Tenant is duly authorized to execute and deliver this Amendment, and that the execution and delivery of this Amendment and the performance of the terms
          hereof have been duly authorized by all necessary corporate action on the part of Tenant.

    

       

    8.          Effect of Amendment.   Except as otherwise expressly provided in this Amendment, the Lease is hereby ratified and shall remain in full force and effect. In the event
          of any conflict or inconsistency between the provisions of the Lease and this Amendment, the provisions of this Amendment shall control.

    

       

    9.          Headings.  The paragraph headings of this Amendment are for convenience only and are not intended, and shall not be construed to alter, limit, or enlarge in any way the scope or meaning of the language contained in this
          Amendment.

    

       

    10.       Counterparts.  This Amendment may be executed in two or more counterparts, each of which shall be original, but all of which shall constitute one instrument.  Execution and delivery of this Lease by exchange of email
          (.pdf) copies bearing the signature of a party hereto shall constitute a valid and binding execution and delivery of this Lease by such party.  Such copies shall constitute enforceable original documents.

    

       

    11.        Binding Effect. This Amendment shall extend to, be binding upon and inure to the benefit of Landlord, its successors, and assigns.  This Amendment shall extend to and be binding upon Tenant, its successors, and assigns,
          and shall only inure to the benefit of Tenant and such of its successors and assigns as are permitted pursuant to the Lease.

    

       

    12.        Applicable Law.  This Amendment and any disputes arising hereunder shall be governed by and shall in all respects be construed under the laws of the State of Texas.

     

      

    
      2

      
        

    

    (signatures follow)

     

    
      3

      
        

    

    IN WITNESS WHEREOF, Landlord and Tenant have executed this Amendment as of the day and year first above written.

    

       

    	

             	
            LANDLORD:

          
	

             	 	 
	

             	
            JA-COLE, L.P.,

          
	

             	
            a Texas limited partnership

          
	

             	 	 
	

             	
            By:

          	
            /s/ Robert Orr

          	 
	

             	
            Name: Rob Orr

          
	

             	
            Title: President

          

    

       

    	 	
            TENANT:

          
	 	 	 
	 	
            AXOGEN CORPORATION,

          
	 	
            a Delaware corporation

          
	 	 	 
	 	
            By:

          	
            /s/ Peter J. Mariani

          	

          
	 	
            Name: Peter J. Mariani

          
	 	
            Title: EVP & CFO

          

    

       

    
      4

      
        

    

     

    

    

    
      5

      
        

    

    
    

     
      
         

          

        	
                Landlord:

              	
                Ja-Cole LP

              	 	
                Tenant:

              	
                Axogen Corporation

              

         

           

        	
                By:

              	 	 	 	
                By:

              	 	 
	 	
                By (signature):

              	
                /s/ Robert Orr

              	 	 	
                By (signature):

              	
                /s/ Peter J. Mariani

              
	 	
                Printed Name:

              	
                Rob Orr

              	 	 	
                Printed Name:

              	
                Peter J. Mariani

              

        	 	
                Title:

              	
                President

              	 	 	
                Title:

              	
                EVP & CFO

              

         

           

        	
                By:

              	 	 	 	
                By:

              	 	 
	 	
                By (signature):

              	 	 	 	
                By (signature):

              	
                /s/ Mike Donovan

              
	 	
                Printed Name:

              	 	 	 	
                Printed Name:

              	
                Mike Donovan

              

        	 	
                Title:

              	 	 	 	
                Title:

              	
                V.P. Operations

              

      

    

    

       

    

    
    6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}]]