Document:

Consulting Agreement between the Company and Reno R. Rolle, dated Oct 10, 2009

 Exhibit 10.1 
 CONSULTING AGREEMENT 
 This Consulting Agreement (the
“Agreement”) is dated October 10, 2009 (the “Effective Date”) and entered into between Dynamic Response Group, Inc., a Florida corporation (the “Company”) and Reno R. Rolle (the “Consultant”). 

RECITALS 
 A.
The Company is engaged in the business of developing, manufacturing and marketing consumer products and services distributed nationally and internationally through direct response television and radio infomercials and in e-commerce. 
 B. The Company believes that the Consultant has valuable knowledge and experience pertaining to the business of the Company and desires to
avail itself of the Consultant’s experience, skills and abilities, and background and knowledge based upon the terms and conditions set forth herein. 
 B. The Consultant agrees to be engaged and retained by the Company upon said terms and conditions. 
 THEREFORE, in consideration of and for the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree as
follows: 
 1) Engagement. The Company hereby engages Consultant and Consultant hereby accepts engagement to render
consulting advice and services described this Section to the Company upon the terms and conditions set forth herein. It is the intention of the parties that during the Term of this Agreement the Consultant shall continue to serve as a member of the
Board of Directors of the Company. Consultant acknowledges and agrees that he shall be compensated separately from this Agreement as a non-employee director of the Company in accordance with the Company’s compensation policies and procedures.

 a) Services. During the Term of this Agreement, Consultant will provide the Company with such
consulting advice and services as are reasonably requested by the Company, which services will include, but will not necessarily be limited to, (i) development of the Company’s business; (ii) product identification and development;
(iii) marketing; and (iv) development of business opportunities for the Company and its subsidiaries. 
 b) Not Exclusive. The parties understand and agree that, except as set forth in the next sentence, and subject to Consultant’s obligation to maintain confidentiality of the Company’s Proprietary Information, Consultant
shall not be prevented or barred from rendering services of any nature for or on behalf of any other person, firm, corporation or entity. Notwithstanding the foregoing, during the Term of this Agreement, Consultant shall not be employed by, act as a
consultant to or otherwise render services of any nature for or on behalf of any person, firm, corporation or entity engaged in the same or competing

  

 1 

 
business as the Company without prior written consent of the Company, other than to subsidiaries of the Company. Consultant understands and agrees that the Company shall not be prevented or
barred from retaining other persons or entities to provide services of the same nature or similar nature as those described herein or of any nature whatsoever. 
 c) Independent Contractor. Consultant understands and agrees that, during the Term of this Agreement, he will be an
independent contractor and he will not be considered an employee of the Company or its subsidiaries. No federal, state and local income taxes or payroll taxes of any kind shall be withheld or paid by the Company on Consultant’s behalf, and
Consultant acknowledges that he shall not be treated as an employee with respect to the consulting services performed hereunder for federal, state and local tax purposes. Consultant agrees to pay, and be solely responsible for, any applicable
federal, state and local taxes that are imposed on him for the compensation provided hereunder. 
 d)
Authority. Consultant understands and agrees that he is not authorized to enter into any contracts or agreements on behalf of the Company or its subsidiaries, or to otherwise create obligations of the Company or its subsidiaries to third
parties, unless expressly authorized to do so by the Company. 
 2) Term; Termination. This Agreement shall commence on
the Effective Date and shall continue for a period of 12 months unless extended by mutual written consent of the parties (the “Term”). This Agreement may be terminated, subject to Section 11 of this Agreement, (i) by mutual
agreement of Company and Consultant; or (ii) by any party on 10 business days’ prior notice by either party. 
 3)
Compensation. In consideration for Consultant agreeing to provide and providing the consulting services to be rendered pursuant to this Agreement, the Company agrees to pay Consultant a monthly fee of $25,000 which may be paid in cash or
shares of stock of the Company. 
 4) Expenses. The Consultant shall be responsible for any and all of his expenses,
including expenses for travel, lodging, and meals, which are incurred by Consultant in connection with the performance of services under this Agreement. 
 5) Proprietary Information. Consultant agrees that, except as appropriate to carry out its duties under this Agreement or as required by law, he will not use or disclose to any third party, without
the Company’s prior consent, any information furnished or disclosed (whether before or after the date hereof) to Consultant by the Company or its employees, agents or representatives, including without limitation, any of the Company’s
trade secrets or other confidential or proprietary information or information concerning the Company’s current and any future proposed operations, services or products (collectively, “Proprietary Information”); provided that
Consultant’s obligations of non-use and nondisclosure under this provision will not be deemed to restrict the use and/or disclosure of information that (i) is or becomes publicly known or within the public domain without a breach of this
Agreement; or (ii) Consultant can establish was known to it prior to its receipt thereof. For purposes of this Agreement, Proprietary Information is information or data not generally known to the public which gives the Company an advantage over
its competitors, including

  

 2 

 
products or services under development, production methods and processes, customer lists and marketing plans. The Consultant acknowledges and agrees that the unauthorized disclosure of any
Proprietary Information may give rise to irreparable injury to the Company or its subsidiaries, inadequately compensable in damages. Accordingly, the Company may seek and obtain injunctive relief against the breach or threatened breach of the
foregoing undertakings, in addition to any other legal remedies that may be available. 
 6) Company Property. The
Consultant acknowledges that all items of any and every nature or kind created or used by the Consultant pursuant to this Agreement, or furnished by the Company to the Consultant, and all equipment, books, records, reports, files, diskettes,
manuals, literature, Proprietary Information or other materials, shall remain and be considered the exclusive property of the Company at all times and shall be surrendered to the Company, in good condition, promptly at the request of the Company, or
in the absence of a request, on the termination of this Agreement. 
 7) Assignment of Rights. Consultant agrees that any
and all ideas, software, techniques, modification, process, improvement, inventions, systems, formulas, designs, discoveries, technical information, programs, prototypes and similar developments (“Concepts”) conceived, developed, created,
discovered, made, written or obtained by Consultant or under his direction, whether solely or with others in the course of or as a result of performance of his duties hereunder, and all related trademark, service mark, copyrights, patent rights,
trade secrets and other forms of protection thereof (collectively, “Intellectual Property”), shall be and remain the sole property of the Company and its assigns. Consultant shall promptly disclose to Company, or any persons designated by
it, all Concepts, made or conceived or reduced to practice or learned by Consultant, either alone or jointly with others, during the Term of this Agreement which are related to or useful in the business of the Company or its subsidiaries, or result
from tasks assigned to Consultant by the Company or its subsidiaries, or result from use of premises owned, leased or contracted by the Company or its subsidiaries. Such disclosure shall continue for one year after termination of this Agreement with
respect to anything that would be a Concept if made, conceived, reduced to practice or learned prior to termination of this Agreement. Consultant hereby waives any and all rights that may be associated with such Concepts and Intellectual Property
and agrees to execute or cause to be executed such assignments and applications, registrations and other documents and to take such other action as may be reasonably requested by the Company to enable the Company to protect its rights to any such
Concepts and Intellectual Property. 
 8) Non-Solicitation. Consultant agrees that during the term of this Agreement and
for a period of one year after termination of this Agreement, Consultant will not, without the Company’s prior written permission, induce or attempt to induce any employee, officer, director, agent, independent contractor, consultant, customer,
strategic partner, licensor, licensee, supplier or other service provider of the Company or any of its subsidiaries to terminate a relationship with, cease providing services or products to, or cease purchasing products or services from the Company
or its subsidiaries. 
  

 3 

 9) Indemnification. 
 a) Consultant hereby agrees to indemnify and save the Company and its subsidiaries and each of their officers and directors,
and hold the Company and its subsidiaries and each of their officers and directors harmless in respect of all causes of actions, liabilities, costs, charges and expenses, loss and damage suffered or incurred by the Company or any subsidiary
(including legal fees) arising from any act of material gross negligence or intentional omission of the Consultant or its employees, representatives and agents and/or arising from any material breach by Consultant or any of his employees,
representatives and agents of any of the terms or conditions imposed on the Consultant under this Agreement, or representations, warranties or covenants made by the Consultant pursuant to this Agreement. 
 b) The Company hereby agrees to indemnify and save Consultant and hold Consultant harmless in respect of all causes of
actions, liabilities (but excluding tax liabilities or claims resulting from income to Consultant pursuant to this Agreement), costs, charges and expenses, loss and damage suffered or incurred by Consultant (including legal fees) arising from any
act of negligence or omission of the Company or its employees, representatives and agents and/or arising from breach by the Company or any of its employees, representatives and agents of any of the terms and conditions imposed on the Company
pursuant to this Agreement. 
 10) Waiver of Separate Representation. To the extent Consultant has not engaged separate
legal counsel to represent him in connection with this Agreement, the parties acknowledge and agree that their respective interests in this Agreement may be in conflict, that they have the right to retain independent counsel, that they have been
fully informed about this right and the conflicts of interest that arise from retaining the same legal counsel to represent both of them, and that this Section 10 constitutes written disclosure of these conflicts. The parties further affirm
that they are waiving separate representation freely, voluntarily, and with full knowledge of the effects of this waiver. No party shall at any time claim that this Agreement is void or unenforceable in any respect because of the lack of use of
independent counsel, or that the legal counsel who prepared this Agreement acted improperly in doing so. 
 11) Continuing
Effect. All representations, warranties, covenants and statements made by a party in this Agreement or in any document or certificate delivered pursuant hereto shall survive the consummation, expiration, cancellation, termination or abandonment
of the obligations of each party to the other under this Agreement so long as the applicable statute of limitations shall remain open; provided, however, that Sections 5 (Proprietary Information) and 9 (Indemnification) shall remain operative and in
full force and effect. 
 12) Miscellaneous. 
 a) Notices. All notices, consents, waivers, and other communications under this Agreement must be in writing and will
be deemed to have been duly given when: (i) delivered by hand (with written confirmation of receipt); (ii) sent by facsimile (with written confirmation of receipt); or (iii) when received by the addressee, if sent by a nationally
recognized overnight delivery service (receipt requested), in each case to the address and facsimile set forth in the books and records of the Company (or to such other addresses and facsimile numbers as a party may designate by notice to the other
party. 
  

 4 

 b) Assignment. This Agreement and the rights hereunder may not be
assigned by either party without prior written consent of the other party, but, subject to the foregoing limitation, this Agreement will be binding upon and inure to the benefit of the respective successors, assigns and legal representatives of the
parties. 
 c) Amendment; Waiver. No supplement, modification, amendment or waiver of this Agreement will
be binding unless executed in writing by the parties hereto. No waiver of any of the provisions of this Agreement will be deemed or will constitute a waiver of any provision hereof (whether or not similar), nor will waiver constitute a continuing
waiver. 
 d) Drafting. If a question concerning intent or interpretation arises, no presumption or burden
of proof shall arise favoring or disfavoring any party by virtue of authorship. The headings and titles of sections and paragraphs are for convenience only and shall not control or affect the meaning or construction or limit the scope or intent of
any of the provisions of this Agreement. Any reference to any federal, state, local or foreign statute or law shall be deemed also to refer to all related rules and regulations unless the context requires otherwise. 
 e) Severability. If any provision of this Agreement is held to be invalid or unenforceable, the attempt shall first be
made to read that provision in such a way as to make it valid and enforceable in light of the parties’ apparent intent as evidenced by this Agreement. If such a reading is impossible, the tribunal having jurisdiction may revise the provision in
any reasonable manner, to the extent necessary to make it binding and enforceable. If no such revision is possible, the offending provision shall be deemed stricken from the Agreement, and every other provision shall remain in full force and effect.

 f) Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of
the State of Florida without giving effect to conflict of law principles. If it becomes necessary for any party to institute legal action to enforce the terms and conditions of this Agreement, and such legal action results in a final judgment in
favor of such party, then the party or parties against whom said final judgment is obtained shall reimburse the prevailing party for all direct, indirect or incidental expenses incurred, including, but not limited to, all reasonable attorney’s
fees, court costs and other expenses incurred throughout all negotiations, trials or appeals undertaken in order to enforce the prevailing party’s rights hereunder. Any suit, action or proceeding with respect to this Agreement shall be brought
in the state or federal courts located in Miami-Dade County in the State of Florida. The parties hereto hereby accept the exclusive jurisdiction and venue of those courts for the purpose of any such suit, action or proceeding. The parties hereto
hereby irrevocably waive, to the fullest extent permitted by law, any objection that any of them may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or any judgment entered
by any court in respect thereof brought in Miami-Dade County, Florida, and hereby further irrevocably waive any claim that any suit, action or proceeding brought in Miami-Dade County, Florida, has been brought in an inconvenient forum. 

 

 5 

 g) Counterparts. This Agreement may be executed in counterparts. All
of such counterparts will constitute one and the same agreement. The Company and Consultant agree that facsimile signatures of this Agreement will be deemed a valid and binding execution of this Agreement. 
 h) Entire Agreement. This Agreement constitutes the entire agreement between the parties hereto pertaining to the
consulting relationship of the parties and supersedes all prior and contemporaneous agreements and understandings of the parties with respect to such consulting relationship. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. 
  

	
	/s/ RENO R. ROLLE
	
	DYNAMIC RESPONSE GROUP, INC.
	
	/s/ Melissa K. Rice
	Chief Executive Officer

  

 6Lease Surrender and Termination Agreement

 Exhibit 10.1 
 LEASE SURRENDER AND TERMINATION AGREEMENT 
 I. PARTIES AND DATE.

 This Lease Surrender and Termination Agreement (“Agreement”) is made and entered into as of this 5th
day of August, 2009, between THE IRVINE COMPANY LLC, a Delaware limited liability company (“Landlord”), and ARCA BIOPHARMA, a Delaware corporation (“Tenant”) as successor-in-interest to NUVELO, INC., a Nevada
corporation (“Original Tenant”). 
 II. RECITALS. 
 Pursuant to a lease dated April 30, 2001, as amended by a First Amendment to Lease dated August 1, 2002, by a Second Amendment to Lease dated October 21, 2003, and by a Third Amendment to
Lease dated September 15, 2005 (collectively, the “Lease”), Landlord leased to Tenant those certain premises (“Premises”) located at 985 Almanor, Sunnyvale, California, as more fully described in the Lease.

 Pursuant to a Consent to Subletting dated December 22, 2008 (the “Consent”), Landlord consented to the
subletting of the Premises to Calisolar, Inc., a Delaware corporation. 
 Landlord and Tenant desire to terminate the Lease upon
the terms and conditions contained in this Agreement. 
 III. TERMINATION. 
 For valuable consideration: 
 A. Date. Subject to the timely performance by Tenant of its obligations herein, Landlord and Tenant agree that the Lease shall terminate on July 31, 2009 (“Termination Date”).
Tenant shall quit and surrender possession of the Premises to Landlord on the Termination Date as more particularly provided in Section 15.3 of the Lease, as amended by the provisions of Section V.E of the Consent. 
 B. Consideration. Tenant hereby agrees to pay Landlord, in addition to all rent owing through the June 30, 2009, the sum of
Eight Million Five Hundred Thousand Dollars ($8,500,000.00) (the “Termination Payment”) as consideration for Landlord’s entering into this Agreement. In addition to being the consideration for Landlord agreeing to enter into
this Agreement, the parties acknowledge and agree that Tenant’s payment of the Termination Payment shall be in lieu of its obligation to pay Basic Rent and Operating Expenses under the Lease for the month of July 2009. The Termination Payment
shall be paid to Landlord, within two (2) business days from and after execution and delivery of this Agreement, as follows: (i) Tenant shall wire or otherwise deliver to Landlord the sum of One Million Nine Hundred Fifty-Seven Thousand
One Hundred Twenty-One Dollars ($1,957,121.00), (ii) Landlord shall retain the full amount of the cash “Security Deposit” currently being held by Landlord pursuant to the Lease in the amount of Five Hundred Forty-Two Thousand Eight
Hundred Seventy-Nine Dollars ($542,879.00), and (iii) Landlord shall be entitled to draw down upon, and to retain, the full amount of the letter of credit issued by Silicon Valley Bank (the “Bank”) in the amount of Six Million
Dollars ($6,000,000.00) as security for Tenant’s obligations under the Lease. If requested by Landlord, Tenant agrees to authorize in a writing directed to the Bank said draw down by Landlord of the letter of credit. 
 C. Landlord’s Conditional Release of Tenant. Except for (i) the Termination Payment required to be paid
by Tenant pursuant to Section III.B above, (ii) any rent or other charges owed by Tenant, or other obligations required of Tenant, set forth in the Lease from and after the date of this Agreement through including the Termination Date, and
(iii) any obligations, liabilities or losses which are based on this Agreement or any indemnity or hold harmless agreement set forth in the Lease (collectively the “Excluded Claims”), effective upon the ninety-first
(91st) day after Landlord’s receipt of the
Termination Payment, Landlord forever releases and discharges Tenant from any and all rights, causes of action, actions, judgments, liens, indebtedness, damages, losses, claims, claims in bankruptcy, liabilities, and demands of every kind and
character in any way related to or arising from the Lease, provided however, that the release granted by Landlord in this Section III.C shall: (x) all times be subject to the provisions of Section III.D and Article IV of this
Agreement, and (y) not become effective and shall be null and void if a “Bankruptcy Event” (as defined in Section III.D below) occurs on or before the ninetieth (90th) day after Landlord’s receipt of the Termination Payment. Tenant acknowledges and agrees that certain
charges (including, without limitation, common area maintenance expenses, and real property taxes) payable by it under the Lease may not have been calculated or billed or, if applicable, reconciled or annually adjusted, as of the Termination Date,
and that Tenant shall nonetheless be responsible for all such charges attributable to any period prior to the Termination Date as an Excluded Claim, and shall pay same to Landlord within ten (10) days after receipt of an invoice therefor. In
connection with the foregoing conditional release (which does not include the Excluded Claims), Landlord hereby expressly waives the provisions of Section 1542 of the California Civil Code, which provides: 

 “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR
SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER, MUST HAVE MATERIALLY AFFECTED THE SETTLEMENT WITH THE DEBTOR.” 
 It is understood by Landlord that if the facts or law with respect to which the foregoing conditional release is given hereafter turn out to
be other than or different from the facts or law in that connection not known to be or believed by Landlord to be true, then Landlord hereto expressly assumes the risk of the facts or law turning out to be so different, and agrees that the foregoing
conditional release shall be in all respects effective and not subject to termination or rescission based upon such differences in facts or law. 
 D. Bankruptcy Event. The parties agree (and Tenant acknowledges Landlord’s express reliance thereon) that upon (i) Tenant filing a voluntary petition or becoming the subject of an
involuntary petition seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under an present or future federal, state or foreign act or law relating to bankruptcy or insolvency, including without
limitation, Chapters 7 and 11 of the Bankruptcy Code (collectively and each individually, a “Bankruptcy Event”), and (ii) the initiation in any such proceeding of an action to avoid or recover the payments made to Landlord
under this Agreement (including, without limitation, the Termination Payment) pursuant to the provisions of Chapter 5 of the Bankruptcy Code or any similar state or foreign law, the release set forth in Section III.C above shall be null and void and
Landlord shall retain any and all claims that may exist under the Lease or otherwise against Tenant. 
 E. Tenant’s
Unconditional Release of Landlord. Effective upon the date of this Agreement, Tenant forever releases and discharges Landlord from any and all rights, causes of action, actions, judgments, liens, indebtedness, damages, losses, claims, claims in
bankruptcy, liabilities and demands of every kind and character in any way related to or arising from the Lease. Not by way of limitation of the foregoing, Tenant represents that Landlord has not failed to perform, and is not in any respect in
default or otherwise liable in the performance of, any of its obligations under the Lease, nor in connection with the negotiation and execution of the Lease, the administration of the Lease, and the leasing, operations, or management of the
Building. In connection with the foregoing unconditional release, Tenant hereby expressly waives the provisions of Section 1542 of the California Civil Code, which provides: 
 “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER, MUST HAVE MATERIALLY AFFECTED THE SETTLEMENT WITH THE DEBTOR.” 
 It
is understood by Tenant that if the facts or law with respect to which the foregoing release is given hereafter turn out to be other than or different from the facts or law in that connection not known to be or believed by Tenant to be true, then
Tenant hereto expressly assumes the risk of the facts or law turning out to be so different, and agrees that the foregoing release shall be in all respects effective and not subject to termination or rescission based upon such differences in facts
or law. 
 IV. TENANT’S REPRESENTATIONS AND WARRANTIES. 
 A. Authorization/Reasonably Equivalent Value: Tenant represents and warrants that in the Execution of this Agreement, Tenant was not acting under any misapprehension as to the effect hereof, and
acted freely and voluntarily and was not acting under any coercion or duress; that the execution of this Agreement was duly authorized by Tenant; and that Tenant believed and now believes that the consideration given by each party for this Agreement
represents reasonably equivalent value. 
 B. Solvency of Tenant: Tenant represents and warrants that it is not currently
insolvent as that term is defined in Section 101(32) of Title 11 of the United States Code (the “Bankruptcy Code”), nor will Tenant become insolvent as a result of this Agreement. 
 C. Agreement Improves Tenant’s Financial Position: Tenant represents and warrants that the completion of this Agreement will
enhance Tenant’s overall financial position and that Tenant has proffered and requested this Agreement to improve its financial position. 
 V. CONTINGENCY. 
 The effectiveness of this Agreement shall be contingent upon the mutual execution and delivery of:
(i) an amendment to Landlord’s lease agreement with Calisolar, Inc., a Delaware corporation (“Calisolar”), on terms and conditions acceptable to Landlord, amending Landlord’s lease agreement with Calisolar for these
Premises to, among other matters, adjust Calisolar’s Basic Rent obligations under the said lease agreement, and (ii) a termination agreement for Tenant’s sublease agreement with Calisolar for the Premises on terms and conditions
acceptable to Tenant. 
 VI. GENERAL. 
 A. Counterparts. If this Agreement is executed in counterparts, each shall be considered an original. Any photographic, photostatic, or other copy of this Agreement may be introduced in a
proceeding subject to state or federal rules of evidence without foundation. 

 B. Defined Terms. All words commencing with initial capital letters in this Agreement
which are not defined in this Agreement shall have the same meaning in this Agreement as in the Lease. 
 C. Corporate and
Partnership Authority. If Tenant is a corporation or partnership, or is comprised of either or both of them, each individual executing this Agreement for the corporation or partnership represents that he or she is duly authorized to execute and
deliver this Agreement for the corporation or partnership and that this Agreement is binding upon the corporation or partnership in accordance with its terms. 
 D. Attorneys’ Fees. The provisions of the Lease respecting payment of prevailing attorneys’ fees shall also apply to this Agreement. 
 VII. EXECUTION. 
 Landlord and
Tenant have executed this Agreement as of the day and year first written above. 
  

									
	LANDLORD:	 		 	TENANT:
			
	THE IRVINE COMPANY LLC,	 		 	ARCA BIOPHARMA, INC.,
	a Delaware limited liability company	 		 	a Delaware corporation
					
	By	 	 /s/ Richard I. Gilchrist
	 		 	By	 	 /s/ Christopher D. Ozeroff

		 	Richard I. Gilchrist	 		 		 	Christopher D. Ozeroff
		 	Executive Vice President	 		 		 	EVP Business Development and
		 		 		 		 	General Counsel
					
	By	 	 /s/ E. Valjean Wheeler
	 		 	By	 	 /s/ Michael R. Bristow

		 	E. Valjean Wheeler, President	 		 		 	Michael R. Bristow
		 	Office Properties	 		 		 	President and CEO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00165-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00165-of-00352.parquet"}]]