Document:

Exhibit

EXHIBIT 10.1
SUMMIT FINANCIAL GROUP, INC. 
Executive Officer Management Incentive Plan
for 2016
OBJECTIVE
The objective of the Executive Officer Management Incentive Plan for 2016 (“2016 MIP”) is to incent and reward select members of Summit Financial Group, Inc.’s and its subsidiaries’ (collectively hereafter, “Summit’s”) management team for their exceptional performance, while still balancing risk with reward.
PARTICIPANT ELIGIBILITY
Eligibility for participation in the 2016 MIP is extended to the following executive officers (“Eligible Participants”):
	
			
	Summit Financial Group, Inc.
	 
	Summit Community Bank, Inc.

	Chief Executive Officer
	 
	President

	Chief Financial Officer
	 
	Chief Operating Officer

	Chief Accounting Officer
	 
	Chief of Credit Administration

To be eligible to receive a 2016 MIP payment, Eligible Participants must be employed for the entirety of 2016. If an otherwise Eligible Participant separates from employment at Summit for any reason, voluntarily or involuntarily, prior to January 1, 2017, no incentive will be paid to such Eligible Participant.
MIP COMPUTATION
The 2016 MIP computation is based upon Summit achieving a targeted annual return on average tangible equity (“ROATE”). For purposes of the 2016 MIP, Summit’s ROATE is to be calculated on a consolidated basis for the year ended 2016, as follows:
Net Income + (Amortization of Intangibles x 0.63) 
Average Shareholders’ Equity - Average Intangibles
For purposes of the 2016 MIP, Summit’s targeted ROATE for 2016 is 10.00 to 10.99 percent. If Summit’s actual ROATE for 2016 is within this targeted range, each Eligible Participant will receive an incentive payment equal to 25% of their respective annual base salary as of January 1, 2016 (the “Targeted Incentive”).
If Summit’s actual ROATE for 2016 is greater than the targeted range, Eligible Participants will be eligible to receive an incentive that is greater than the Targeted Incentive; conversely, if Summit’s actual ROATE for 2016 is less than the targeted range, Eligible Participants will be eligible to receive an incentive that is less than the Targeted Incentive.

The formula to compute each Eligible Participant’s incentive payment under the 2016 MIP is as follows:

	
								
	Eligible
Participant’s    
Annual Base    
Salary on    
January 1, 2016
	 
	 
	 
	 
	MIP Multiplier
	 
	Eligible Participants   2016 MIP Incentive

	 
	 
	 
	 
	 

	X
	25%
	X
	 
	=

	 
	 
	 
	 
	 

	 
	 
	 
	 
	 

The MIP Multiplier to be used for purposes of the above formula varies based upon Summit’s actual ROATE for 2016, as follows:
	
			
	Summit’s Actual    
ROATE for 2016
	 
	MIP
Multiplier

	 

	Less than 8%
	 
	0%

	8.00% to 8.99%
	 
	80%

	9.00% to 9.99%
	 
	90%

	10.00% to 10.99%
	Target
	100%

	11.00% to 11.99%
	 
	127%

	12.00% to 12.99%
	 
	162%

	13.00% to 13.99%
	 
	195%

	14.00% and greater
	 
	210%

In addition to the 2016 MIP incentives which may be awarded to Eligible Participants in accordance with the above formula, an additional incentive totaling no more than $40,000 may be awarded at the discretion of Summit’s Chief Executive Officer, in whole or in part, to one or more deserving Summit employees who are not Eligible Participants.
OTHER MIP TERMS
No incentive under the 2016 MIP will be made, if at December 31, 2016 through the time of payment of the 2016 MIP incentive, Summit or any affiliate is subject to any active or pending, formal or informal, agreement or enforcement action to which any bank regulatory authority is a party, including but not limited to a memorandum of understanding, written agreement, or order of cease and desist.
PAYMENT OF INCENTIVES
The 2016 MIP incentive will be calculated after January 1, 2017 and paid as soon as practicable following Summit’s public release of its 2016 earnings, but no later than March 31, 2017.

INTERPRETATIONS, AMENDMENTS OR DISCONTINUATION
All interpretations of or amendments to the 2016 MIP will be made at the sole discretion of Compensation and Nominating Committee of the Summit Financial Group, Inc. Board of Directors. The 2016 MIP may be discontinued or revised by the Compensation and Nomination Committee at any time.EXHIBIT 10.3

 

ADDENDUM

 

TO

 

AGREEMENT

 

AND

 

PLAN OF MERGER

 

BY AND AMONG

 

INCEPTION MINING INC.,

 

CLAVO RICO, LTD, AND

 

CR ACQUISITION CORPORATION

 

    	 	 	 

    	 

    

 

ADDENDUM TO AGREEMENT AND PLAN OF MERGER

 

This Addendum to Agreement and Plan of Merger
(this “Addendum”) is entered into effective as of the 5th day of August, 2015, by and among Inception Mining
Inc., a Nevada corporation (“Parent”), Clavo Rico, LTD, a Turks and Caicos corporation (“Company”), and
CR Acquisition Corporation, a Nevada corporation (“Merger Subsidiary”).

 

background

 

	A.		On
                                         August 4, 2015, the parties entered into that certain Agreement and Plan of Merger (the
                                         “Agreement”), wherein the respective Boards of Directors of the parties (i)
                                         determined that it is in the best interests of such corporation and their respective
                                         security holders to consummate a merger of Merger Subsidiary with and into Company (the
                                         “Merger”) and (ii) approved and declared advisable the Agreement, the Merger,
                                         and the other transactions contemplated by the Agreement;
	 	 	 
	B.	 	Article
                                         1 of the Agreement states that the closing transactions contemplated thereby (the “Closing”
                                         or “Closing Date”) shall take place on the date as Company and Parent mutually
                                         agree after the satisfaction or waiver of the conditions as described in Article 6 of
                                         the Agreement.
	 	 	 
	C.	 	Since the
                                         execution of the Agreement, the parties have encountered some administrative delays with
                                         the Parent’s transfer agent that will likely result in a delay of the issuance
                                         of shares and thus delay the Closing of the Agreement;
	 	 	 
	D.	 	In a good
                                         faith effort to continue the momentum and spirit of the Agreement, the parties have agreed
                                         that the Parent shall begin the management of the operations of the Company and shall
                                         receive all proceeds from that management as of the date of this Addendum.

 

AGREEMENT

 

Notwithstanding the foregoing,
the Agreement, or the transactions contemplated thereby, the Company agrees that as of the date of this Addendum, Parent shall
be permitted to occupy the Clavo Rico mine to begin operations, and Parent shall be responsible for all expenditures and entitled
to all revenues therefrom. The considerations of this Addendum shall in no way delay the Merger, nor give either party cause for
terminating the Agreement. All articles in the Agreement shall survive this Addendum, and are not amended or otherwise implicated
by this Addendum.

 

[Signatures on Following Page]

 

    	 	 	 

    	 

    

 

IN WITNESS WHEREOF, the parties hereto have
caused this Addendum to be executed by their respective officers on the date first written above.

 

	CLAVO
    RICO, LTD	 
	 	 
	/s/
    Reed Benson	 
	Reed Benson	 
	President and Chairman	 
	 	 
	INCEPTION MINING INC.	 
	 	 
	/s/
    Michael Ahlin	 
	Michael Ahlin	 
	Chief Executive Officer	 
	 	 
	CR ACQUISITION CORPORATION	 
	 	 
	/s/
    Michael Ahlin	 
	Michael Ahlin	 
	Chief Executive OfficerExhibit 10.1

 

THIS LEASE made the 1st day of February, 2016.

  

BETWEEN:

 

	 	RICHMOND WALNUT BUSINESS CENTRE INC.	 
	 	a Corporation Incorporated under the laws of the Province of Ontario	 
	 	(hereinafter called the “Landlord”)	 
	 	-and-	 
	 	 	 
	 	CYNAPSUS THERAPEUTICS INC.	 
	 	a Corporation Incorporated under the laws of the Province of Ontario.	 
	 	(hereinafter called the “Tenant”)	 

 

WITNESSETH that in consideration
of the rents hereby reserved and the covenants herein contained on the part of the Tenant, the Landlord hereby leases to the Tenant
the building municipally known as 828 Richmond Street West, in the City of Toronto, Province of Ontario (the “Premises”)
having 3,200 square feet on the 1st floor and 3,000 square feet on lower level, for a combined total useable floor
area deemed having 6,200 square feet, together with the share use of common areas and parking facilities as provided hereinafter.
The Tenant acknowledges being in possession of the premises.

 

TERM

TO HAVE AND TO HOLD the Premises for a
term of THREE (3) YEARS from the 1st day of February, 2016, (Date of commencement) to and including the 31st
day of January, 2019 (Date of Termination) being referred as (the “Term”).

 

RENT

The Tenant paying therefore as the gross
rent during the Term, an annual rental, exclusive of HST and parking fees, of lawful money of Canada, payable in advance in equal
monthly installments, on the lst day of each month commencing February 1st, 2016, as follows:

 

	TERM	 	RENT  PSF	 	MONTHLY	 	 	ANNUALLY	 
	Year 1 to 3	 	6,200sf x $28.00	 	$	14,466.66	 	 	$	173,600.00	 

 

		1.	TENANT’S COVENANTS TO PAY RENT AND ADDITIONAL
RENT

 

The Tenant covenants with the
Landlord as follows:

To pay the rent in the manner
herein provided without any abatement, deductions or set-off (except as otherwise set out in this Lease).

 

		a)	ADDITIONAL RENT ---HARMONIZED SALES TAXES

 

To pay Harmonized Sales Tax payable
with respect to such rent and additional rent due under this Lease.

 

		b)	Additional Services

 

To pay cost of such other additional
services as may be requested in writing by Tenant.

 

		c)	Other Taxes

 

In every year of the
Term, to pay when due, any new taxes and assessments levied in respect of the occupancy of the Premises and/or owing on account
of the business operated by Tenant.

 

		d)	Maintenance and Upkeep

 

The Tenant at its own
expense will keep in good order and condition throughout the Term, the interior of the Premises and all fixtures and appurtenances
located in the Premises, reasonable wear and tear excepted. The Tenant will not commit or allow waste or injury to the Premises
and will not use or occupy or permit to be used or occupied the Premises for an unlawful purpose, or in a manner that results in
the cancellation of insurance, or in the refusal of an insurer or issue insurance as requested. The Tenant, at all times, at its
own expense, will keep the hallways, stairs and areaways over or adjacent to the premises reasonably free from rubbish and will
not encumber or obstruct them or allow them to be encumbered or obstructed in any manner.

 

     

     

    

 

		e)	Insurance

 

Without in any way limiting the
liability of the Tenant under this Lease, the Tenant covenants and agrees to obtain and keep in force:

 

i)Comprehensive general liability insurance
covering Tenant’s liability for bodily injury and property damage arising from its use and occupation of the Premises, including
liability assumed under this Lease, with limits of not less than $5M inclusive of any one occurrence, or such other amount as the
Landlord may from time to time reasonably require.

 

ii)The above insurance shall be written
by insurers licensed to do business in Canada and shall be in a form satisfactory to Landlord.

 

		f)	Compliance with Laws

 

To comply promptly
with and conform to the requirements of all applicable statutes, laws, by-laws, regulations, ordinances and orders at any time
in force during the Term which affect the condition, equipment, maintenance, use or occupation of the Premises, and with every
applicable regulation, order and requirement of the Canadian Fire Underwriters Association or any body having similar functions
or of any liability or fire insurance company by which either the Landlord or the Tenant may be insured any time during the Term;
PROVIDED that if the Tenant defaults under the provisions of this clause, the Landlord may itself comply with the requirements
of this clause and the Tenant shall forthwith pay all costs and expenses incurred by the Landlord in so doing and all such costs
and expenses incurred by the Landlord in so doing and all such cost and expenses shall be recoverable by the Landlord as additional
rent.

 

		g)	Notice of Damage

 

In the event of any
substantial damage to the Premises by any cause to give notice, by electronic communication, thereof to the Landlord forthwith
upon becoming aware of it.

 

		h)	Viewing Premises

 

To permit the Landlord
at all reasonable times to enter upon view the state of repair of the Premises and to comply with all reasonable requirements of
the Landlord with regard to the care, maintenance and repair thereon, to the extent that the Tenant is responsible under this Lease
of such care, maintenance and repair. The Tenant further covenants and agrees that the Tenant will allow or permit the Landlord
or its agents to show the Premises to prospective Mortgagees, Purchasers or Tenants, at all reasonable times upon twenty-four (24)
hours’ notice being given to the Tenant.

 

		i)	Utilities

 

To pay in every year during the term hereof
any excess of charges for water, gas, electric lights and power and other public utilities or services supplied to or used on the
Premises caused due to wasteful or exaggerated usage over and above normal usage.

 

		j)	Surrender of Premises at Termination of Lease

 

The Tenant will, at
the expiration or sooner determination of the said term, peaceably surrender and yield up to the Landlord the Premises with the
appurtenances, together with all leasehold improvements or erections which at any time during the said Term shall be made therein
or thereon in good and substantial repair and condition, save and except for reasonable wear and tear. The Tenant shall leave the
Premises neat, tidy, free and clear of all refuse, waste or other loose materials, to the reasonable satisfaction of the Landlord.

 

		k)	Use of Premises

 

The leased Premises
shall be used by the Tenant for the purpose of offices, and the Tenant shall not carry on, or permit to be carried on any business
or activity which shall be deemed by the Landlord upon reasonable grounds, to be illegal or a nuisance.

 

		l)	Payments Recoverable as Arrears of Rent

 

That whenever any amount
by the terms of this Lease is payable by the Tenant to the Landlord, whether as additional rent or otherwise, such amount shall
be recoverable by the Landlord in the same manner as if such amounts were rent in arrears under this Lease.

 

		m)	Assignment

 

That the Tenant shall
not assign, sublet, share or part with the possession of the whole or any part of the Premises without the written leave of the
Landlord, which leave may not be unreasonably withheld. In all cases, the Tenant shall remain jointly and severally liable under
all covenants of this Lease.

 

		n)	Tenant’s Goods Free from Encumbrance

 

That the Tenant is
the sole owner of all goods and chattels that are to be brought upon the Premises.

 

     

     

    

 

		o)	Waiver of Exemptions

 

That notwithstanding
anything contained in Commercial Tenancies Act or any amendments thereto, none of the goods or chattels of the Tenant at any time
on the Premises shall be exempt from levy by distress for rent in arrears as provided for by any section of the Act above named,
and that upon any claim being made for such exemption by the Tenant or on distress made by the Landlord or in any action brought
to test the rights to the levy of distress upon goods exempt by that Act, this covenant may be pleaded as an estoppel against the
Tenant and the Tenant waives every benefit that might have accrued to it by virtue of that Act but for this covenant. Notwithstanding
the foregoing, the Landlord shall not be entitled to effect a distress against computer software, computer discs, computer programs
and tapes, customer lists, client and customer property (including, without limitation, computer hardware and software), personnel
or employee information, and any data in the hard drives of any computers on the Premises, nor against the books, records, accounts,
files, correspondences and documents found upon the Premises or any part thereof including, without limitation, all proprietary
and confidential information and the Landlord hereby waives any right, statutory or otherwise, to levy a distress in that regard.

 

		p)	Tenant Responsible for Condition of Premises

 

That the Tenant will
assume the sole responsibility of the operation and maintenance of the Premises, and that the Landlord shall be under no liability
for injury to any servant, agent or employee of the Tenant or any sub-lessee, licensee or invitee of the Tenant or for loss of
or damage to the property of the Tenant or of any of the aforementioned persons, save and except for gross negligence or willful
misconduct of the Landlord.

 

		q)	Indemnity

 

To indemnify the Landlord
against all liabilities, costs, fines, suits, claims, demands and actions and causes of action of any kind for which the Landlord
may become liable by reason of any breach, violation or non-performance by the Tenant of any covenant, term or provision of this
Lease, or any injury, death, or damage to property, occasioned to our suffered by any person or any property by reason of any act,
neglect or default by the Tenant or is servants, employees, agents, sub-lessees, or licensees or invitees on the Premises.

 

		r)	No Liability on Landlord

 

That the Landlord shall
not, in any event be liable or responsible in any way for any personal injury or death that may be suffered or sustained by, or
for any loss of or damage or injury to any property, including cars and contents thereof, belonging to any employee, servant, agent,
sub-lessee, licensee or invitee of the Tenant on the Premises no matter how caused, and in particular, and without restricting
the generality of the foregoing, which may be caused or occasioned by steam, electricity, gas, fumes, vapour, water works water,
rain water, other water, sleet, snow, ice, melted sleet, snow or ice, which may leak, issue or flow from the Premises or from any
water, steam, sprinkler or drainage pipe or plumbing works situate in the Premises or which may be caused or occasioned or attributable
to the condition or arrangement of any electrical or other wiring or caused or occasioned by snow or ice or other substances or
obstructions on the sidewalks, driveways, roads, streets and grounds or caused or occasioned by the defective condition or lack
of repair or disrepair thereof or by any defect in any machinery or equipment in the Premises or in the operation thereof by the
Tenant or by any defects in or the disrepair or non-repair of the Premises and the Tenant shall indemnify the Landlord from and
against all liabilities, claims, demands and causes of action of any nature or any expense for such injury, death, loss or damage
as aforesaid, and maintain proper policies of insurance indemnifying the Landlord against damage or loss occasioned by the maintenance
or operation of any steam or hot water boiler in the Premises in a reasonable amount; PROVIDED however that nothing herein contained
shall require the Tenant to indemnify the Landlord against any claims, demands or actions for damages arising out of negligence
or the willful acts or misconduct of the Landlord, its officers, employees, servants or agents.

 

		s)	Signs

 

That the Tenant shall
not erect on or affix to the Premises any sings other than those currently existing, except with the approval of the Landlord,
which approval shall not be unreasonably withheld.

 

		t)	Post-Dated Cheques

 

The Tenant shall deliver
to the Landlord at the beginning of each new Lease year, a series of six (6) postdated cheques in payment of Rent and Additional
Rent.

 

		2.	LANDLORD’S WORK

 

The Tenant agrees to occupy the premises
on an “as is” and “as existing” base and shall complete leasehold improvements and/or alterations at its
own expense provided same shall be completed in a good and workmanlike manner.

 

		3.	POSSESSION AND OCCUPANCY

 

The
Tenant acknowledges having been in possession of the first floor of the premises since 1998 and as of January 1st,
2016, has taken possession of lower level area as existing and on an “as is” basis.

 

     

     

    

 

		4.	LANDLORD’S COVENANTS

 

The Landlord hereby covenants
with the Tenant as follows:

 

		a)	Quiet Enjoyment

 

Provided Tenant is not in default
under the terms or any proviso of this Lease Agreement, provide Tenant with quiet enjoyment of the Premises.

 

		b)	Gross Lease

 

The Landlord shall
pay for regular charges for hydro, gas, and water consumption as required for the Premises, to pay realty taxes that are levied
against the Premises, and premiums for standard fire insurance required to keep insured the Premises against fire and other perils,
subject to provisions contained in this Lease. The Tenant shall pay for all operating costs associated in connection with the maintenance,
janitorial and upkeep of the interior of Premises.

 

		c)	Repair, Maintain & Replace

 

The Landlord covenants
and agrees to maintain and keep the Premises and the Building, including structure, plumbing, electrical, heating and air conditioner,
roof and parking area in good order and condition, as they would be kept by a reasonable owner of a building of similar size and
age in the City of Toronto and to make all needed repairs and replacements, reasonable wear and tear only excepted.

 

If however the Landlord
is required to maintain, repair or replace any part or element of the Premises by reason of negligent acts or omissions of the
Tenant, or of those for whom the Tenant is at law responsible, the Landlord may add the costs of such repair, replacement and maintenance
to the Rent, which Rent shall thereafter immediately become due.

 

		d)	Parking

 

The Tenant shall have
the exclusive use of Four (4) designated and marked parking spaces in the Landlord’s above grade lot at the rate of
One Hundred Twenty Five ($125.00) Dollars per car per month, or One Thousand Five Hundred ($1,500.00) Dollars
per car per annum, to be paid in advance on the first day of each month. It is understood and agreed between the parties hereto
that the Landlord shall have no obligation to police the aforesaid parking spaces and further that the Landlord shall not be liable
for any damages, losses or injuries sustained by the Tenant or any property owned by the Tenant if the same is damaged, lost or
injured in one of the parking spaces and the Tenant hereby indemnifies the Landlord against any claims which may be brought against
the Landlord arising out of the Tenant’s use of the parking spaces. The Tenant shall furnish to the Landlord, upon request,
the current license plate numbers of all vehicles used by the Tenant and its employees which will be parked in the said parking
spaces. No. 2 & 3 &8 & 19.

 

		e)	Access

 

The Tenant will be
provided access to the Building and the Premises twenty-four (24) hours per day, seven (7) days per week.

 

		f)	Insurance

 

The Landlord will take out and maintain
throughout the Term such insurance coverage as deemed, in its opinion, appropriate and adequate of its purpose.

 

		5.	PROVISOS

 

Provided always and it is
hereby agreed as follows:

 

		a)	Lease Subordinate to Mortgages

 

This Lease and everything
herein contained shall be deemed to be subordinate to any charge or charges from time to time created by the Landlord by mortgage
or charge on the Premises and the Tenant shall promptly at any time as required by the Landlord and execute all documents as may
be reasonably required.

 

		b)	Removal of Fixtures

 

The Tenant may remove
its fixtures; PROVIDED that any erection, addition, structure or improvement erected upon the Premises shall become a part thereof,
shall not be removed and shall be subject to all of the provisions of this Lease. AND FURTHER PROVIDED that no such erection, addition,
structure or improvement shall be erected upon the Premises without the prior written consent of the Landlord, such consent not
to be unreasonably withheld or delayed. The Tenant shall have no obligation to remove any fixtures, leasehold improvements, erections,
additions, structures or improvements at the expiry or earlier termination of this Lease and for greater certainty shall have no
obligation to restore the Premises to base building condition.

 

		c)	Insolvency of Tenant

 

If the term of any
of the goods or chattels of the Tenant shall be at any time seized or taken in execution or in attachment by any creditor of the
Tenant, or if a writ of execution shall be issued against the goods and chattels of the Tenant and remain unsatisfied for ten days,
or if the Tenant shall execute any chattel, mortgage or bill of sale of any of its goods or chattels, other than a bill of sale
of goods in the ordinary course of the Tenant’s business, or if the Tenant shall make any assignment for the benefit of creditors
of any bulk sale or shall be adjudged bankrupt or insolvent by any court of competent jurisdiction under any legislation then in
force of shall take the benefit of any Act that may be in force for bankrupt or insolvent debtors or shall attempt to abandon the
Premises, or to sell or dispose of its goods and chattels so that there would not remain after such sale or disposal a sufficient
distress on the Premises in the opinion of the Landlord for the then accruing rent, then the current month’s rent, together
with the rent for the three months next ensuing and all additional rent and other sums payable hereunder for the said three months
next ensuing shall immediately become due and payable, and the term shall, at the option of the Landlord forthwith be determined
and in each of the above cases such accelerated rent, additional rent and other amounts shall be recoverable by the Landlord as
if it were rent in arrears.

 

     

     

    

 

		d)	Following of Tenant’s Goods

 

If the Tenant removes
its goods and chattels from the Premises except in the ordinary course of business, the Landlord may follow then for thirty (30)
days in the manner provided for in the Landlord and Tenant Act or other applicable legislation.

 

		e)	Re-Entry for Non-Payment of Rent

 

The Landlord may re-enter the
Premises for non-payment of rent.

 

		f)	Re-Entry for Non-Performance of Covenants

 

Notwithstanding anything
herein contained to the contrary, if the Tenant shall fail to comply with any of its covenants hereunder, except the covenant to
pay rent, the Landlord may give to the Tenant notice in writing stating the default with reasonably sufficient particulars and
requiring it to be remedied, and if such default is not remedied by the Tenant within twenty (20) days after the receipt of such
notice, or such longer period as may be reasonably necessary in view of the nature of the default, the Landlord at is option may
either enter the Premises or any part thereof in the name of the whole and repossess them or take such steps as may be necessary
to remedy and correct such default and recover its costs and expenses incurred in so doing from the Tenant as additional rent.

 

		6.	RENEWAL

 

There shall be NO right
of further renewals.

 

		7.	DEMOLITION CLAUSE

 

The Tenant agrees whereby
if at any time after the 1st day of January, 2018, should the Landlord wish to proceed with full or partial demolition
of the building, then upon three (3) full calendar months written notice delivered to the Tenant, the Tenant agrees to vacate the
Premises and surrender the unexpired portion of the term, at the expiry of the above notice period without any compensation or
other leave.

 

		8.	SUCCESSORS AND COVENANTS

 

This Lease and anything
herein contained shall extend to, bind and enure to the benefit of successors and assigns of each of the parties hereto subject
tot he consent of the Landlord being obtained, as hreinbefore provided, to any assignment of sub-lease by the Tenant, and, where
there is more than one Landlord or Tenant or where the Landlord or Tenant is a male, female or a corporation, the provisions herein
shall be read with all grammatical changes thereby rendered necessary. All covenants herein contained thereby rendered necessary.
All covenants herein contained shall be deemed joint and several and all right s and powers reserved to the Landlord may be exercised
by either the Landlord or its agents or representatives.

 

This Lease and all
provisions herein shall be construed in accordance with the laws of the Province of Ontario.

THE LANDLORD AND TENANT HEREBY AGREE TO
THE ABOVE TERMS AND CONDITIONS AS EVIDENCED BY THE SIGNATURE OF THEIR RESPECTIVE SIGNING OFFICERS.

 

	 	CYNAPSUS THERAPEUTICS INC.	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	Per:	/s/ Andrew Williams	 	 	 
	 	 	a.s.o.	 	(Tenant)	 
	 	 	Andrew Williams, Chief Operating Officer and Chief Financial Officer	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	RICHMOND WALNUT BUSINESS CENTRE INC.	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	Per:	/s/ John Zingaro	 	 	 
	 	 	a.s.o.	 	(Landlord)

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