Document:

PROMISSORY
NOTE

$500,000

Dated
February 15, 2019

 

WHEREAS,
Zander Therapeutics, Inc. (“Borrower”), a Nevada corporation whose office is located at 4700 Spring Street, St 304,
La Mesa, California 91942, is desirous of borrowing the amount of five hundred thousand United States dollars ($ 500,000) pursuant
to the following terms and conditions,

 

WHEREAS,
Brian Devine, (“Lender”) is desirous of loaning the amount of five hundred thousand United States dollars ($500,000)
to Borrower pursuant to the following terms and conditions,

 

THEREFORE,
it is agreed as follows:

 

		1.	On
                                         or before February 15, 2019 Lender shall loan to Borrower the amount of two hundred and
                                         fifty thousand United States dollars (“Tranche One”)

		2.	On
                                         or before March 15, 2019 Lender shall loan to Borrower the amount of an additional two
                                         hundred and fifty thousand United States dollars (“Tranche Two”)

		3.	In
                                         aggregate, cash received by the Borrower pursuant to Tranche One and Tranche Two shall
                                         be referred to as the “Principal Loan Amount”.

		4.	The
                                         Principal Loan Amount shall bear a one time interest charge of five hundred thousand
                                         of the common shares of the Borrower ( “Interest Shares”) which shall be
                                         issued to the Lender within10 days of the receipt by the Borrower of Tranche One.

		5.	In
                                         the event Tranche Two is not received by the Borrower on or before March 22,2019 Lender
                                         shall return to the Borrower for cancellation 250,000 of the Interest Shares.

		6.	The
                                         Principal Loan amount is due and payable in full no later than July 28, 2019.

		7.	Lender
                                         acknowledges that any Interest Shares issued pursuant to this Promissory Note shall not
                                         be registered pursuant to the Securities Act of 1933( the “Act”) , shall
                                         constitute “restricted securities” as that term is defined in Rule 144 promulgated
                                         under the Act, and shall contain the following restrictive legend:

 

“THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR SECURITIES LAWS OF
ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION
UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO
THE COMPANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS.

 

		8.	The
                                         Principal Loan Amount may be prepaid by the Borrower, in whole or in part, at the Borrower’s
                                         discretion with the following exceptions:

		(a)	In
                                         the event the Borrower shall receive cash as consideration for the sale by the Borrower
                                         of the equity securities of the Borrower while any portion of the Principal Loan Amount
                                         is outstanding (“Equity Sale”) then Borrower shall remit twenty percent of
                                         the net proceeds of the first $1,000,000 of the Equity Sale to the Lender as a prepayment
                                         of the Principal Loan Amount ( “Equity Sale Prepayment”) and thirty percent
                                         of the net proceeds of any equity sale in excess of $1,000,000 of the Equity Sale to
                                         the Lender as a prepayment of the Principal Loan Amount( “Equity Sale Prepayment”).
                                         The Equity Sale Prepayment shall be made no later than 10 days after the net proceeds
                                         of the Equity Sale are received by the Borrower and shall not exceed the Principal Loan
                                         Amount outstanding as of the date the Equity Sale Prepayment is made by the Borrower
                                         to the Lender.

		9.	In
                                         the event the Borrower shall have borrowed cash through the issuance of one or more promissory
                                         notes issued to any entity other than the Lender while any portion of the Principal Loan
                                         Amount is outstanding (“Loan Funding”) then Borrower shall remit twenty percent
                                         of the first 1,000,000 net proceeds of the Loan Funding to the Lender as a prepayment
                                         of the Principal Loan Amount ( “Loan Funding Prepayment”) and thirty percent
                                         of the net proceeds of any Loan Funding in excess of $1,000,000 to the Lender as a prepayment
                                         of the Principal Loan Amount( “Loan Funding Prepayment”). The Loan Funding
                                         Prepayment shall be made no later than 10 days after the net proceeds of the Loan Funding
                                         are received by the Borrower and shall not exceed the Principal Loan Amount outstanding
                                         as of the date the Loan Funding Prepayment is made by the Borrower to the Lender.

		10.	This
                                         Promissory Note constitutes a final written expression of all the terms of the agreement
                                         between the parties regarding the subject matter hereof, is a complete and exclusive
                                         statement of those terms, and supersedes all prior and contemporaneous agreements, understandings,
                                         and representations between the parties.

		11.	All
                                         questions concerning the construction, validity, enforcement and interpretation of this
                                         Promissory Note shall be governed by and construed and enforced in accordance with the
                                         internal laws of the State of California, without regard to the principles of conflicts
                                         of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of
                                         the state and federal courts sitting in California for the adjudication of any dispute
                                         hereunder or in connection herewith or with any transaction contemplated hereby or discussed
                                         herein and hereby irrevocably waives, and agrees not to assert in any suit, action or
                                         proceeding, any claim that it is not personally subject to the jurisdiction of any such
                                         court, that such suit, action or proceeding is improper or inconvenient venue for such
                                         proceeding. If either party shall commence an action or proceeding to enforce any provisions
                                         of this Promissory Note, then the prevailing party in such action or proceeding shall
                                         be reimbursed by the other party for its attorneys’ fees and other costs and expenses
                                         incurred with the investigation, preparation and prosecution of such action or proceeding.

 

 

Agreed
to by:

 

	Borrower:	Lender:
	By: /s/David
    R. Koos	By
    /s/Brian Devine
	Name:
    David R. Koos	Name:Brian
    Devine_
	Its:Chairman	Its:_________________
	Date:2/11/2019	Date:2/8/2019CONSULTING FEE AGREEMENT

This
agreement (the "Agreement") is being entered into as of May 17, 2019 (the

"Effective
Date") by and between Zander Therapeutics Inc., David Koos, CEO, 4 700 Spring Street, Suite 304, La Mesa, CA 91941 ("Client")
and Bandwidth Capital Partners LLC, a Wyoming limited liability company with offices at 5979 Buford Highway NE, Suite B-4, Doraville,
Georgia 30340 ("Consultant," and collectively with Client, the "Parties").

RECITALS:

Client
is entering into this Agreement with Consultant in order to document

the
basis upon which Consultant shall be providing the services defined below.

Client
is seeking to raise capital (the "Financing")

Consultant
has a relationship with various individuals and entities which have the ability to provide the Financing ( each a "Source,"
and collectively, the "Sources") and is willing to provide introductions of Sources to Client and Client desires to
have Consultant provided such introductions.

NOW
THEREFORE, in consideration of the foregoing recitals and the mutual convents, terms, conditions and agreements set forth herein
and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto stipulate
and agree as follows:

1.       DESCRIPTION
OF ALL SERVICES.

Beginning
on the Effective Date, Consultant shall use his or its best efforts in providing introductions of Consultant's Sources to Client
(the "Services").

2.       PERFORMANCE
OF SERVICES.

The
manner in which the Services are to be performed and the specific hours to be worked by Consultant shall be determined by Consultant.
Client may rely on Consultant to work as many hours as may be reasonably necessary to fulfill Consultant's obligations under this
Agreement. However, Client agrees that Consultant is not responsible for the details or terms of any financial transaction between
any Source or Sources and Client, including, but not limited to, the underwriting process for any debt or equity financing, Client's
failure to comply with any timely and reasonable request for necessary additional documents and information requested by any Source.

3.
CASH FEE, EQUITY FEE, MISCELLANEOUS

3.1
For the capital raise of approximately $5,000,000 (Five Million) US Dollars,(although the final capital raise may be
higher or lower and that is determined between the Client and the Source of the capital), upon the Client receiving debt
financing, equity financing, structured financing or an approved amount of a line of credit from any Source ( or Sources)
introduced by Consultant, Client will pay Consultant in cash (via wire transfer) the amount which is Seven Percent (7%) of
the Gross Funding Amount on each tranche received or the approved amount of a line of credit approved by Client from such
Source ( or Sources) (the "Cash Fee"). The "Gross Funding Amount" for the purposes of this Agreement,
will mean the total of the gross proceeds received or approved amount of a line of credit approved by Client from any Source
( or Sources) which was (were) introduced to Client by Consultant. The Cash Fee payment shall be paid to Consultant at the
time of Client's closing or closings with Source (or Sources) pursuant to 3.6 (b)(ii) of this Agreement. For purposes of this
Agreement a "Source" shall not include any person or entity previously known to the Client prior to introduction by
the Consultant.

3.2
For the capital raise of approximately $5,000,000 (Five Million) US Dollars,

(although
the final capital raise may be higher or lower and that is determined between the Client and the Source of the capital), upon
the Client receiving debt financing, equity financing, structured financing or an approved amount of a line of credit from any
Source ( or Sources) introduced by Consultant, Consultant will receive shares of Zander Therapeutics Inc. 's common stock pursuant
to the following schedule ( "Equity Fee"). In the event that funding of less than $100,000 but more than $50,000 is
provided by a Source to client consultant shall receive 5,000 common shares of the Client.

In
the event that funding of less than $500,000 but more than $100,000 is provided by a Source to client consultant shall receive
15,000 common shares of the Client. In the event that funding of less than $1,000,000 but more than $500,000 is provided by a
Source to client consultant shall receive 30,000 common shares of the Client.

In
the event that funding of less than $5,000,000 but more than $1,000,000 is provided by a Source to client consultant shall receive
100,000 common shares of the Client.

The
common stock share certificates representing the Equity Fee will be issued to the Consultant within 7 days after receiving capital
from any Source or the establishment of a Client approved line of credit provided to the Client by a Source.

3.3
This Agreement does not constitute an obligation on the part of the Client to enter into a transaction with any Source. This Agreement
does constitute an obligation on the part of the Client to refrain from engaging other sources to identify and introduce potential
sources of capital to the Client. Client shall have no obligation to pay any Cash Fee or Equity Fee to Consultant in the event
that a funding transaction between the Client and a Source is not completed for any reason, including, without limitation, due
to an actual or purported breach or default by the Client

3.4
The Consultant shall not engage in any activity which would require registration as a Broker Dealer and shall only provide
introductions and shall not, among other things, participate in any negotiations between a Source and the Client, assist in
the structure of any transaction, provide assistance to any party in completing a purchase agreement, subscription agreement
or other documentation related to a transaction or handle the funds or securities involved in any funding transaction with
any Source

3.5The
Consultant shall be responsible for his own expenses unless authorized by the Client in writing. Client shall not be liable to
the Consultant for any payment or reimbursement other than the Cash Fee specified in 3.1 of this Agreement paid solely from the
proceeds of funding provided to the Client by a Source.

3.6

(a)       The
obligation of the Client to compensate Consultant pursuant to 3.1 and 3.2 of this Agreement shall survive for a period of 5 years
from the date of execution of this Agreement.

(b)       Except
as otherwise provided for herein:

(i)       All
fees due to the Consultant hereunder shall have no offsets, are non-refundable, non-cancelable and shall be free and clear of
any and all encumbrances.

(ii)       Any
Cash Fee due the Consultant pursuant to 3.1 shall be paid to the Consultant by wire transfer of immediately available funds from
the proceeds of any funding provided to the Client by a Source from a formal escrow arrangement established for the transaction
by an agent mutually approved by both the Client and the Source to hold such funds ("Closing Agent") and pursuant to
the written wire transfer instructions of the Consultant to the Closing Agent. The Company hereby agrees to establish an escrow
with a Closing Agent for each Closing and that no Closing shall occur except through an escrow with a Closing Agent.

4.       ACCOUNTING.

Client
shall maintain records in sufficient detail for purposes of determining the amount of the Cash Fee. Client shall provide to Consultant
a written accounting that sets forth the manner in which the Cash Fee was calculated.

5.       RESTRICTED
SECURITIES ACKNOWLEDGEMENT

Consultant
acknowledges that any Equity Fee issued pursuant to this Agreement that shall not be registered pursuant to the Securities Act
of 1933 shall constitute "restricted securities" as that term is defined in Rule 144 promulgated under the Securities
Act of 1933, and shall contain the following restrictive legend:

"THESE
SECURITIES HA VE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR SECURITIES LAWS OF
ANY STATE AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION
UNDER THE ACT OR SUCH LAWS AND, IF REQUESTED BY THE COMPANY, UPON DELIVERY OF AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO
THE COMP ANY THAT THE PROPOSED TRANSFER IS EXEMPT FROM THE ACT OR SUCH LAWS."

6.       RIGHT
TO INSPECT.

Consultant,
or Consultant's agent, shall have the right to inspect Client's records for the limited purpose of verifying the calculation of
the Cash Fee. Such inspections shall be made during reasonable business hours as may be set by Client.

7.       DEATH.

If
Consultant dies during the term of this Agreement, Consultant's successors, heirs and/or assigns shall be entitled to any unpaid
Cash Fee and/or unpaid Equity Fee provided for in this Agreement.

8.       SUPPORT
SERVICES.

Client
shall not provide Consultant with support services, including, but limited to, office space and secretarial services in connection
with this Agreement.

9.
        NEW PROJECT APPROVAL.

Consultant
and Client recognize that Consultant's Services under this Agreement may include working on various projects for Client. Consultant
shall obtain the written approval of Client prior to the commencement of any new project. 

10.       TERM
AND TERMINATION.

This
Agreement shall be effective for a period of six months from the date of execution . Furthermore, the Consultant reserves the
right to terminate this Consulting Agreement at any time at the Consultant's sole discretion.

11.       RELATIONSHIP
OF PARTIES.

It
is understood by the Parties that Consultant is an independent contractor with respect to Client, and is not an employee of Client.
Client will not withhold any amounts from the Cash Fee or provide fringe benefits, including health insurance benefits, paid vacation,
or any other employee benefit for the benefit of Consultant.

12.       DISCLOSURE.

Consultant
is required to disclose any outside activities or interests, including ownership or participation in the development of other
inventions that conflict or that may conflict with the best interests of Client. Prompt disclosure is required under this paragraph
if any activity or interest of Consultant is related, directly or indirectly, to those of the Client.

13.       EMPLOYEES.

Consultant's
employees, if any, who perform services for Client under this Agreement shall also be bound by the provisions of this Agreement.

14.       INJURIES.

Consultant
acknowledges Consultant's obligation to obtain appropriate insurance coverage for the benefit of Consultant (and Consultant's
employees, if any). Consultant waives any rights to recovery from Client for any injuries that Consultant (and/or Consultant's
employees) may sustain while performing services under this Agreement and that are a result of the negligence of Consultant or
of Consultant's employees.

15.       ASSIGNMENT.

Consultant's
obligations under this Agreement may not be assigned or transferred to any other person, firm, or corporation without the prior
written consent of Client.

16.       INTELLECTUAL
PROPERTY.

Consultant
does not personally hold any interest in any of Client's Intellectual Property, including, but not limited to, copyrightable works,
ideas, discoveries, inventions, applications for copyright, trademarks, applications for trademarks, applications for patents,
and patents

(
collectively, "Intellectual Property"):

17.
CONFIDENTIALITY.

Client
and Consultant agree that all disclosures by the Parties to each other in connection with this Agreement, whether or not marked
as confidential, and whether or not disclosed before or after this Agreement is executed shall and must be maintained in the strictest
confidence by the parties. Notwithstanding the foregoing, Client shall provide Consultant with notice about which of Client's
materials Consultant may disclose to Consultant's Sources. The Parties agree that the information that they disclose to each other
( collectively, the "Information") is their respective valuable, special and unique assets and need to be protected
from improper disclosure. In consideration for the Client's disclosure of its Information, Consultant agrees that Consultant will
not at any time or in any manner, either directly or indirectly, use any Information for Consultant's own benefit, or divulge,
disclose, or communicate in any manner any Information to any third party without the prior written consent of Client except in
connection with providing Consultant's services to Client. Consultant will protect the Information and treat it as strictly confidential.
A violation of this Section 17 shall be a material violation of this Agreement.

18.       UNAUTHORIZED
DISCLOSURE OF INFORMATION.

If
it appears that Consultant has disclosed ( or has threatened to disclose) Client's Information in violation of this Agreement,
Client shall be entitled to an injunction to restrain Consultant from disclosing, in whole or in part, such Information, or from
providing any services to any party to whom such Information has been disclosed or may be disclosed. Client shall not be prohibited
by this provision from pursuing other remedies, including a claim for losses and damages.

19.       CONFIDENTIALITY
AFTER TERMINATION.

The
confidentiality provisions of this Agreement shall remain in full force and effect for a period of the maximum extent permissible
by applicable law subsequent the termination of this Agreement.

20.       NON-COMPETE
AGREEMENT.

a)       Recognizing
that the various items of Information are special and unique assets of Client that need to be protected from disclosure, and in
consideration of the disclosure of the Information, Consultant agrees and covenants that for a period of Five ( 5) years following
the termination of this Agreement, whether such termination is voluntary or involuntary, Consultant will not directly or indirectly
engage in any business competitive with Client. This covenant shall apply to the geographical area that includes any region in
which Client is conducting business. Directly or indirectly engaging in any competitive business includes, but is not limited
to, (i) engaging in a business as owner, partner, or agent, (ii) becoming an employee of any third party that is engaged in such
business, or (iii) becoming interested directly or indirectly in any such business, or (iv) soliciting any customer of Client
for the benefit of a third party that is engaged in such business. Consultant agrees that this non-compete provision will not
adversely affect the livelihood of Consultant.

b)Recognizing
that the various items of Information are special and unique assets of Consultant that need to be protected from disclosure, and
in consideration of the disclosure of the Information, Client agrees and covenants that for a period of Five ( 5)years following
the termination of this Agreement, whether such termination is voluntary or involuntary, Client will not directly or indirectly
solicit any Source for the purpose of providing funding for the benefit of any third party. Client agrees that this non-compete
provision will not adversely affect the livelihood of Client.

21.       NON-CIRCUMVENT.

Client
agrees that they shall not engage in any act with regards to any Source if the result of such act would be the circumventing of
any fees which may be due to Consultant pursuant to this Agreement. Consultant shall have the benefit of equity and injunctive
relief if such action is taken on the part of the Client.

22.       RETURN
OF RECORDS.

Upon
termination of this Agreement, Consultant shall deliver all records, notes, data, memoranda, models, and equipment of any nature
that are in Consultant's possession or under Consultant's control and that are Client's property or relate to Client's business.

13.
NOTICES.

All
notices required or permitted hereunder shall be in writing and shall be deemed effectively given: (i) upon personal delivery
to the party to be notified; (ii) when sent by e-mail if sent during normal business hours of the recipient, if not, then on the
next business day, provided that electronic confirmation of the e-mail is received (and can be produced) by the sender; ( iii)
five ( 5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one
(1) day after deposit with an internationally recognized overnight courier, specifying next day delivery, with written verification
of receipt, if the next day is a business day, if not on the next business day. All communications shall be sent to the contact
information for the Parties set forth below or using such other contact information as either Party may designate by ten ( 10)
days advance written notice to the other Party conforming with this Section 23.

IF
for Consultant:

 

If
For Client

24.       ENTIRE
AGREEMENT.

This
Agreement represents the sole agreement between the Parties and supersedes any and all prior negotiations, correspondences, agreements,
understandings, duties or obligations between the parties with respect to the subject matter hereof.

25.       AMENDMENT.

This
Agreement may be modified or amended if the amendment is made in writing and is signed by both parties.

26.       SEVERABILITY.
If any provision of this Agreement shall be held to be invalid or unenforceable for any reason, the remaining provisions shall
continue to be valid and enforceable. If a court finds that any provision of this Agreement is invalid or unenforceable, but that
by limiting such provision it would become valid and enforceable, then such provision shall be deemed to be written, construed,
and enforced as so limited.

27.       WAIVER
OF CONTRACTUAL RIGHT.

The
failure of either party to enforce any provision of this Agreement shall not be construed as a waiver or limitation of that party's
right to subsequently enforce and compel strict compliance with every provision of this Agreement. 

28.       GOVERNING
LAW.

All
questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed
and enforced in accordance with the internal laws of the State of Geogeria, without regard to the principles of conflicts of law
thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in Geogeria
for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed
herein and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally
subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or inconvenient venue for such
proceeding. If either party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing
party in such action or proceeding shall be reimbursed by the other party for its attorneys' fees and other costs and expenses
incurred with the investigation, preparation and prosecution of such action or proceeding.

COUNTERPART
EXECUTION.

This
Agreement may be executed in any number of counterparts and/or by facsimile signature with the same effect as if all of the Parties
had signed the same document. All counterparts shall be construed together and shall constitute one original agreement.

IN
WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date.

Bandwidth
Capital

May
17, 2019

/s/
Dr. Mel J Colon

Dr.
Mel J. Colon, CEO

(Duly
Authorized Signatory by Bandwidth Capital Partners LLC)

 

Zander
Therapeutics Inc.

May
21, 2019

/s/
David Koos

David
Koos, CEO

(Duly
Authorized Signatory by Zander Therapeutics Inc.)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00296-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00296-of-00352.parquet"}]]