Document:

Exhibit 10.35 Belgium 2015 Eccleston Agreement

Schedule no 1

to Master Consultancy Agreement between 

OncoLytika (‘the Consultancy’) and Belgian Volition SA. (‘the Client’) 

dated 01 January 2014 (the ‘Master Agreement’)

1.

Introductory

1.1

The general nature of the Client’s business is epigenetic based diagnostics, and the Client requires expert assistance in connection with a project for development and technology commercialisation

1.2

The Consultancy’s field of expertise includes Project Management and Business Development, and the Consultancy has agreed to provide the following Services to the Client, under the terms of the Master Agreement.

2.

Services

2.1

The consultancy will provide project coordination for the Client’s Eurostar -program. 

2.2

The consultancy will provide summary reports and financial projections for the programmes as specified in the E! 8245 NuQ® application

2.3

The Consultancy is retained on a non-exclusive basis on the terms set out in this Agreement, to provide Services to the Client (and/or any of its Group Companies) and, by all reasonable and proper means, to maintain, improve and extend the Business and its Group Companies and to further their reputation and business interests.

2.4

The Consultancy is responsible for providing its own reference materials, administrative support, and equipment.

2.5

The Consultancy will liaise as necessary with the Mr. Cameron Reynolds CEO of the Client.

2.6

The Consultancy shall be responsible for correcting any defective Services or Deliverables at its own cost and in its own time, provided that such defects are notified to the Consultancy by the Client in writing within one month after the Services are otherwise complete.  It is the Client’s responsibility to afford the Consultancy reasonable opportunity to so rectify any defective Services / Deliverables.

2.7

Any further specific details, prioritisation, and time estimates for each piece of work will be as agreed between the Consultancy and the Client from time to time. Progress reports will be provided on invoicing. 

3.

Timetable

3.1

Provision of the Services is expected to commence on 1 January 2015 and to be completed by 31 December 2015

4.

Charging basis

4.1

The Consultancy will provide the Services for the following consideration:

4.1.1

For the period from 1 January 2015 to 31 December 2015 the fee payable by the Client shall be €2000 per 6 month period pro rata.

4.2

In the event that the Services require the Consultancy to travel, the Client in addition to the Fixed Price shall reimburse the Consultancy against invoice for all reasonable expenses subject to production of receipts or other appropriate evidence of payment and in connection with such travel, on the following basis:

4.2.1

All air travel shall be Economy Class flights

4.2.2

All rail travel shall be Second Class Rail

4.2.3

Car journeys shall be charged at the rate of £0.45 per mile plus parking fees.

4.2.4

Hotels bills, including breakfast and dinner, shall be redeemable up to a maximum of £200 per night.

1

4.3

If this Schedule is terminated prematurely, the Client will pay the Consultancy for Services provided prior to termination on a quantum meruit basis.

5.

Termination for convenience

5.1

Consultancy may give the Client one month's notice in writing to terminate the Services provided under this Schedule

5.2

The Client may give the Consultancy one month's notice in writing to terminate the Services provided under this Schedule

6.

Notices

6.1

Any notices to be served on the Client may be sent by fax, e-mail or first class post to its registered office.  Any notices to be served on the Consultant may be sent by fax, e-mail or first class post to his professional address.  Notices sent by fax shall be deemed to have been served on the day after the transmission was made but only if a transmission report is generated by the sender’s machine recording a message from the recipient’s machine confirming that the fax was sent to the correct number and that all pages were successfully transmitted.  Notices sent by e-mail between 9.00 am and 5.00 pm shall be deemed to have been served on the day on which it is sent.  E-mails sent outside these hours shall be deemed to have been served on the next working day.  Notices sent by first class post shall be deemed to have been served on the first working day after posting.

7.

Generally

7.1

The Services will be performed under the terms of the Master Agreement, which together with this Schedule and any other documents expressly referred to in the Master Agreement or in this Schedule constitute the entire understanding between the parties relating to the subject matter of this engagement. Any earlier agreement between the parties relating to the subject matter of this Schedule is hereby superseded and is discharged by mutual consent. No other terms or changes will apply unless in writing and signed by both parties.

7.2

Neither party enters the agreement constituted by this Schedule and the Master Agreement on the basis of or relying on any representation, warranty or other provision not expressly stated herein.

7.3

This Schedule shall prevail if there is any conflict between it and the Master Agreement.

2

Signed by the parties’ authorised representatives as follows:

On behalf of the Consultancy

By  Mark Eccleston

(Authorised Signature)

Title: Managing Director 

Date 20th March 2015

On behalf of the Client

By Cameron Reynolds

Title: CEO 

Date: 20th March 2015

3EX-10.16

 Exhibit 10.16 

VITAL THERAPIES, INC. 

OUTSIDE DIRECTOR COMPENSATION POLICY 

Adopted and approved May 13, 2013 

As Amended March 18, 2015 

Vital Therapies, Inc. (the “Company”) believes that the granting of equity and cash compensation to its members of the
Board of Directors (the “Board,” and members of the Board, the “Directors”) represents an effective tool to attract, retain and reward Directors who are not employees of the Company (the “Outside
Directors”). This Outside Director Compensation Policy (the “Policy”) is intended to formalize the Company’s policy regarding cash compensation and grants of equity to its Outside Directors. The Co-Chairmen of the
Board are not eligible to receive any compensation under this Policy. This Policy is effective as of the date set forth above, with the amendments effective as of the amendment date set forth above. 

Unless otherwise defined herein, capitalized terms used in this Policy will have the meaning given such term in the Company’s 2014 Equity
Incentive Plan (as may be amended from time to time, the “Plan”). Each Outside Director will be solely responsible for any tax obligations incurred by such Outside Director as a result of the equity and cash payments such Outside
Director receives under this Policy. 
 1. CASH COMPENSATION 

Annual Cash Retainer 
 Each Outside
Director will be paid an annual cash retainer of $35,000. This cash compensation will be paid quarterly in arrears on a prorated basis. 
 Committee
Annual Cash Retainer 
 Effective as of the Registration Date, each Outside Director who serves as the chairman or a member of a
committee of the Board will be eligible to earn additional annual fees (paid quarterly in arrears on a prorated basis) as follows: 
  

			
	 Chairman of Audit Committee:
		$7,500
	 Member of Audit Committee:
		$7,500
	 Chairman of Compensation Committee:
		$5,000
	 Member of Compensation Committee:
		$5,000
	 Chairman of Nominating and Governance Committee:
		$5,000
	 Member of Nominating and Governance Committee:
		$5,000
	 Chairman of Quality and Technology Committee:
		$5,000
	 Member of Quality and Technology Committee:
		$5,000

 For clarity, each Outside Director who serves as the chairman of a committee will receive both
the additional annual fee as the chairman of the committee and the additional annual fee as a member of the committee. 
 Board Meeting Fees 

Each Outside Director will be paid a per-meeting attendance fee of $500 for attending telephonic meetings of the Board. In addition, each
Outside Director will be paid a per-meeting attendance fee of $2,500 for attending in-person meetings of the Board in excess of four (4) in-person meetings during each calendar year. For clarity, there are no per-meeting attendance fees for
attending meetings of the committees of the Board. 
 2. EQUITY COMPENSATION 

Outside Directors will be entitled to receive all types of Awards (except Incentive Stock Options) under the Plan (or the applicable
equity plan in place at the time of grant), including discretionary Awards not covered under this Policy. All grants of Awards to Outside Directors pursuant to Sections 2(b) and (c) of this Policy will be automatic and nondiscretionary,
except as otherwise provided herein, and will be made in accordance with the following provisions: 
 (a) No Discretion. No person
will have any discretion to select which Outside Directors will be granted any Awards under this Policy or to determine the number of Shares to be covered by such Awards. 

(b) Initial Awards. Subject to Section 11 of the Plan, on the date on which any person first becomes an Outside Director, he or she
automatically will be granted a Nonstatutory Stock Option with a Black-Scholes value of approximately $220,000 and the number of shares covered by such option rounded down to the nearest whole share (an “Initial Award”). Subject to
Section 5 below and Section 14 of the Plan, each Initial Award will vest monthly in 48 equal installments beginning with the first month following the grant date (on the same day of the month as the grant date and if there is no
corresponding date, then the last day of the month) and continuing for each month thereafter, in each case, provided that the Outside Director continues to serve as a Service Provider through the applicable vesting date. 

(c) Annual Awards. Subject to Section 11 of the Plan, on the date of each Annual Meeting of the Company’s stockholders
(the “Annual Meeting”) beginning with the 2016 Annual Meeting, each Outside Director who was a Director for the entire 6-month period preceding an Annual Meeting automatically will be granted a Nonstatutory Stock Option with a
Black-Scholes value of approximately $110,000 and the number of shares covered by such option rounded down to the nearest whole share (an “Annual Award”). Subject to Section 5 below and Section 14 of the Plan, each Annual
Award will fully vest on the earlier of (i) the 1-year anniversary of its grant date or (ii) the day prior to the next Annual Meeting, provided that the Outside Director continues to serve as a Service Provider through the applicable
vesting date. 
 (d) Terms Applicable to all Options Granted Under this Policy. The per share exercise price for an Option granted
under this Outside Director Compensation Policy will be 100% of the Fair Market Value on the grant date. 

  
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 3. TRAVEL EXPENSES 

Each Outside Director’s reasonable, customary, and documented travel expenses to Board meetings will be reimbursed by the Company. 

4. ADDITIONAL PROVISIONS 

All provisions of the Plan not inconsistent with this Policy will apply to Awards granted to Outside Directors. 

5. ADJUSTMENTS 

In the event that any recapitalization, stock split, reverse stock split, stock dividend, reorganization, merger, consolidation, split-up,
spin-off, combination, repurchase, or exchange of Shares or other securities of the Company, or other change in the corporate structure of the Company affecting the Shares occurs, the Administrator, in order to prevent diminution or enlargement of
the benefits or potential benefits intended to be made available under this Policy, will adjust the number of Shares issuable pursuant to then outstanding Awards granted under this Policy as provided in the Plan. For the avoidance of doubt, the
foregoing adjustment will not result in any adjustment to the Black-Scholes values as set forth in paragraphs 2(b) and 2(c) herein. 
 6.
REVISIONS 
 The Compensation Committee in its discretion may change and otherwise revise the terms
of Awards granted under this Policy, including, without limitation, the number of Shares subject thereto, for Awards of the same or different type granted on or after the date the Compensation Committee determines to make any such change or
revision. 

  
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