Document:

Exhibit 10.15

 

ACCOUNTING SERVICES AGREEMENT

 

THIS ACCOUNTING SERVICES
AGREEMENT (this “Agreement”) is made as of March 1, 2014 by and between Strategy Advisors, LLC, a New Jersey
limited liability company (the “Service Provider”), and Point Medical, Inc., a Delaware corporation (the
“Company”).

 

WITNESSETH:

 

WHEREAS, Service Provider
has since inception of the Company in 2013 provided, and shall continue to provide, bookkeeping, accounting, and administrative
services for the Company;

 

WHEREAS, the Company
desires to continue to avail itself of the expertise and services of Service Provider in the aforesaid areas.

 

NOW, THEREFORE, in
consideration of the mutual covenants and agreements hereinafter set forth, the parties agree as follows:

 

1.          (section
deleted)

 

2.          APPOINTMENT.
The Company hereby engages Service Provider, and Service Provider hereby agrees under the terms and conditions set forth herein,
to provide certain Services to the Company, as described in Section 4 hereof.

 

3.          TERM.
The term of the Agreement (the “Term”) shall commence on March 1, 2014 and shall terminate after twelve months,
which Term shall automatically renew for additional twelve months periods unless terminated by either party upon 60 days’
written notice to the other party.

 

4.          DUTIES
OF THE SERVICE PROVIDER. The Service Provider shall provide the Company with bookkeeping, accounting and general administrative
services, which shall include the maintenance of corporate records, accounting records, stock/ securities records, the drafting
of periodic financial statements, verbal and written communications with investors and professional services providers, and other
related services as mutually agreed from time to time by the Company and the Service Provider (collectively, the “Services”)
related to and needed for the business and operations of the Company.

 

5.          COMPENSATION;
EXPENSES.

 

(a)          In consideration of the performance
of the Services, the Company shall pay to Service Provider (i) a monthly services fee of $4,000.00.

 

(b)          The
Service Provider shall be reimbursed for its reasonable out-of-pocket expenses incurred in connection with the performance of the
Services, provided such expenses shall be pre-approved in writing by the Company.

 

     

     

    

 

6.          INDEPENDENT
CONTRACTOR. Nothing herein shall be construed to create a joint venture or partnership between the parties hereto or an employee/employer
relationship. Service Provider shall be an independent contractor pursuant to this Agreement. No party hereto shall have any express
or implied right or authority to assume or create any obligations on behalf of or in the name of any other party hereto or to bind
any other party hereto to any contract, agreement or undertaking with any third party.

 

7.          CORPORATE AUTHORIZATION.
In connection herewith, each of the Company and Service Provider represents and warrants to the other, that each of the Company
and Service Provider has the requisite corporate power and authority to execute and deliver this Agreement and to consummate the
transactions contemplated hereby. This Agreement has been duly authorized and validly executed and delivered by each of the Company
and Service Provider and constitutes the valid, legal and binding agreement of each of the Company and Service Provider, enforceable
against each of them in accordance with its terms.

 

8.          ASSIGNMENT.
No party hereto may assign any of its rights or obligations hereunder without the prior written consent of the other party hereto;
provided, however, that, notwithstanding the foregoing, Service Provider may assign its rights and obligations under this
Agreement to any of its Affiliates with the consent of the Company which shall not be unreasonably withheld.

 

9.          SUCCESSORS.
This Agreement and all the obligations and benefits hereunder shall inure to, and be binding upon, the successors and permitted
assigns of the parties hereto.

 

10.         COUNTERPARTS.
This Agreement may be executed and delivered by the parties hereto in separate counterparts, each of which when so executed and
delivered shall be deemed an original and both of which taken together shall constitute but one and the same agreement.

 

11.         ENTIRE
AGREEMENT; MODIFICATION. The terms and conditions hereof constitutes the entire agreement between the parties hereto with respect
to the subject matter of this Agreement and supersede all previous communications, either oral or written, representations or warranties
of any kind whatsoever, except as expressly set forth herein. No modifications of this Agreement nor waiver of the terms or conditions
hereof shall be binding upon any party hereto unless approved in writing by an authorized representative of such party.

 

     

     

    

 

12.        GOVERNING LAW; JURISDICTION
AND VENUE. All issues concerning this Agreement shall be governed by and construed in accordance with the laws of the State of
New Jersey, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of New Jersey
or any other jurisdiction) that would cause the application of the law of any jurisdiction other than the State of New Jersey.
Each of the Company and Service Provider agrees that any action, proceeding or claim it commences against the other party pursuant
to this Agreement shall be brought in a court of the State of New Jersey located within New Jersey County, or in the United States
District Court for the Southern or Eastern Districts of New Jersey. Each of the Company and Service Provider irrevocably and unconditionally
commits to the in personam jurisdiction of such courts and waives, to the fullest extent permitted by law, any objections which
it may now or hereafter have to the laying of the venue of any such suit, action or proceeding brought in such court, any claim
that any such suit, action or proceeding brought in such court has been brought in an inconvenient forum and the right to object,
with respect to any such suit, action or proceeding brought in such court, that such court does not have jurisdiction over the
person of such party. In any suit, action or proceeding, each of the Company and Service Provider waives, to the fullest extent
it may effectively do so, personal service of any summons, complaint or other process and agrees that the service thereof may
be made by certified or registered mail, addressed to such party at its address set forth in Section 16 hereof. Each of the Company
and Service Provider agrees that a final non-appealable judgment in any such suit, action or proceeding brought in such a court
shall be conclusive and binding.

 

IN WITNESS WHEREOF, the
parties hereto have signed this Advisory Services Agreement as of the day and year first above written.

 

	 	STRATEGY ADVISORS, LLC
	 	 	 
	 	By:	/s/ Joerg Klaube
	 	Name:	Joerg Klaube
	 	Title:	Manager
	 	 	 
	 	POINT MEDICAL, INC.
	 	 	 
	 	By:	/s/ John Toedtman
	 	Name:	John Toedtman
	 	Title:	PresidentExhibit 10.16

 

PROMISSORY NOTE

 

	$600,000.00	January 15, 2015

 

FOR VALUE RECEIVED,
LEVERAGED DEVELOPMENTS LLC (the “Borrower”), hereby promises to pay to the order of POINT MEDICAL, INC.
(the “Lender”), the principal sum of SIX HUNDRED THOUSAND DOLLARS ($600,000.00). This Promissory Note
(this “Note”) is given pursuant to that certain Asset Purchase and intellectual Property Assignment Agreement dated
October 24, 2014 (the “Asset Purchase Agreement”), by and among Borrower and Lender. Terms used
but not defined herein shall have such meaning as ascribed to them by the Asset Purchase Agreement.

 

1.          Principal
Amount; Interest; Payments.

 

a.           The
initial principal amount of this Note is Six Hundred Thousand Dollars ($600,000.00) (the “Loan”).

 

b.           Interest
on the outstanding principal amount of the Loan shall accrue at a fixed rate of interest of five percent per annum (5%) from January
1, 2015. The interest rate to be paid under this Note shall be computed on the basis of360 days per year on the actual outstanding
balance.

 

c.           The
Borrower shall pay consecutive quarterly installments of accrued interest beginning on April 1, 2015 (with such initial payment
to be for accrued interest from January 1, 2015 through March 31, 2015) and on the first day of each quarter thereafter. Lender
may elect to receive payment of interest by way of reduction of amounts it is due to pay Borrower under Section 3.6 of the Development
Agreement. Accrued interest paid by Borrower to Mack Holding Company in the amount of $7,500 for the period ended December 31,
2014 was reimbursed by Lender on January 15, 2015 in connection with the Closing and shall be credited towards a reduction of amounts
due by Lender of amounts due to Borrower under Section 3.6 of the Development Agreement.

 

d.           Pursuant
to Section 5.3 of the Development Agreement, Twenty Five Percent (25%) of the Success Fees payable by Lender to Borrower shall
be applied to the payment of the principal balance of the Loan.

 

e.           Unless
earlier payable in accordance with this Note, the entire remaining principal balance together with all accrued interest and any
other sums due to the Lender in connection with the Loan shall be due and payable in full on October 29, 2024 (the “Maturity
Date”).

 

2.          Application
of Payments. Except as set forth in Paragraph l(e), all payments received by the Lender shall be applied first to the payment
of Lender’s attorneys’ fees and other expenses as provided in this Note; second to interest; then to principal.

 

3.          Prepayment.
Borrower shall have the right to prepay the principal amount of the Loan at any time without prior Lender approval.

 

4.          Late
Charge. Borrower shall pay to Lender a late charge equal to the greater of (i) $100.00, or (ii) five percent (5%) of any payment
not received by the Lender within ten (10) days after such payment is due. Charges will be assessed on day eleven (11).

 

5.          Amounts
Due. The actual amount due and owing from time to time under this Note shall be evidenced by Lender’s books and records of
receipts and disbursements hereunder. Lender shall set up and establish for Borrower an account on the books of Lender in which
will be recorded payments and other appropriate debits and credits in connection with this Note. Such books and records of Lender
shall be presumed to be complete and accurate and shall be deemed correct, except to the extent shown by Borrower to be erroneous.

 

     

     

    

 

6.          Events
of Default. Without limitation of the rights or remedies of the parties otherwise at law, any of the following shall
constitute an “Event of Default” by the Borrower under this Note:

 

a.           If
Borrower more than five (5) days delinquent in making payment of any payment of principal and interest due on account of the Loan,
or more than ten (I0) days delinquent in any other amount which is due hereunder; or

 

b.           If
Borrower defaults in the performance of any term or provision of this Note, the Asset Purchase Agreement, the Development Agreement
or the Research and Development Agreement or any other written agreement between the parties (collectively, the “Transaction
Documents”) other than a payment default under Paragraph 6(a) or a default specified in another provision of this Note,
after written notice thereof from Lender and the failure of Borrower to cure within ten (10) days after receipt thereof; or

 

c.           If
any custodian, liquidator, trustee or receiver is appointed for Borrower for a material portion of its assets; or Borrower becomes
insolvent or bankrupt, is generally not paying its debts as they become due or makes an assignment for the benefit of creditors;
or Borrower or any guarantor applies for or consents to the appointment of a custodian, liquidator, trustee or receiver for itself
or any material portion of its assets; or bankruptcy, reorganization, or insolvency proceedings or other proceedings for relief
under any bankruptcy or similar law or laws for relief of debtors, are instituted by or against Borrower; or

 

d.           Upon
a Change of Control of Borrower.

 

7.          Consequences
of an Event of Default; Acceleration. Borrower hereby consents and expressly agrees that upon any default hereunder, and the
expiration of any applicable cure period, the unpaid balance of the Loan and all other amounts due and owing .hereunder shall,
at the option of the Lender hereof, immediately and at once become due and payable without further demand or notice.

 

8.          Default
Rate. Ifan Event of Default remains uncured for more than ten (10) days, then the rate of interest otherwise applicable hereunder
will be increased by five percent (5%) (the “Default Rate”).

 

9.          Remedies
Upon Default. Upon any default by the Borrower, Lender may pursue any and all remedies provided at law, in equity, or in any
document executed in connection herewith. The Lender’s remedies set forth above are not exclusive of any other available remedy
or remedies, but each remedy shall be cumulative and shall be in addition to any other remedy given in this Note or the other
Transaction Documents, at law, in equity, or by statute, whether now existing or hereafter arising. The exercise of any remedy
or remedies shall not be an election of remedies. The remedies and rights of the Lender may be exercised concurrently, alone,
in any combination, or in any order that the Lender deems appropriate.

 

Any waiver or consent to waiver of any
of the foregoing provisions shall not be construed as a waiver or a consent to waiver in the subsequent interest, and Lender’s
failure to exercise any rights or remedies hereunder shall not constitute a waiver of such right in the event of a subsequent default.
No course of dealing or other conduct, no oral agreement or representation made by Lender shall operate as a waiver of any right
or remedy of Lender. No waiver or amendment of any right or remedy of Lender or release by Lender shall be effective unless made
specifically in writing by Lender.

 

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10.         Costs
of Collection. Borrower agrees to pay all of Lender’s costs of collection and enforcement of this Note, including reasonable
attorney’s fees.

 

11.         Waivers.
The undersigned waives demand, notice and protest, and waive recourse to suretyship defenses generally, including extensions of
time, releases of security or other indulgences which may be granted by the holder of this Note to the undersigned. In any action
or other legal proceeding relating to this Note, to the extent permitted by applicable law, Borrower (i) consents to the personal
jurisdiction of any state or federal court located in the State of Delaware, (ii) consents to service of process and subpoenas
by registered or certified mail directed to Borrower at the last address shown in Lender’s records relating to this Note, with
such service to be deemed completed five days after mailing; and (iii) waives any right to trial by jury in any action with respect
to this Note. Presentment for payment , protest, notice of protest, demand, and notice of non-payment are hereby waived.

 

12.         Assignment.
Neither this Note nor any of Borrower’s obligations hereunder this Note shall be assignable by the Borrower or assumed by any
other person without the Lender’s prior written consent, and any attempted assignment without the Lender’s prior written consent
shall create a default under this Note. This Note may be assigned, in whole or in part, by the Lender and its successors and assigns,
without the consent of Borrower.

 

13.         Binding
on Successors and Assigns. All of the foregoing promises shall bind the undersigned and all other pm1ies hereto together with
their respective successors and assigns.

 

14.         General.
In the event that any provision or clause of this Note is held by a court of competent jurisdiction to be invalid, such invalidity
shall not affect other provisions that can be given effect without the invalid provision, and to this and the provisions of this
Note are declared to be severable. This Note is governed by and construed in accordance with the Jaws of the State of Delaware
without giving effect to the conflicts of law provisions thereof.

 

IN WITNESS WHEREOF ,the undersigned Borrower has executed
this Note as of the date set forth above.

 

	IN PRESENCE OF:	LEVERAGED DEVELOPMENTS LLC
	 	 
	 
	By:	/s/ Jeffrey A. Carlisle 
	Witness	 	Jeffrey A. Carlisle
	 	 	 
	 	Its:	Member

 

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