SEC Contract Filing

Filing Date: 2018-04-24

Document Content:
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<TYPE>EX-10.5
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<FILENAME>ex10-5.htm
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>AMENDMENT
TO OPTION #24</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(<B>Christopher
David, Grant Date February 19, 2016</B>)</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated
as of April 20, 2018</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THIS
AMENDMENT TO OPTION (the &ldquo;Amendment&rdquo;), dated as of the date first set forth above (the &ldquo;Effective Date&rdquo;)
is entered into by and between Novo Integrated Sciences Inc., a Nevada corporation (the &ldquo;Company&rdquo;) and Christopher
David (the &ldquo;Holder&rdquo; or &ldquo;Optionee&rdquo;), an individual. Each of the Company and Holder may be referred to herein
individually as a &ldquo;Party&rdquo; and collectively as the &ldquo;Parties.&rdquo;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
on February 19, 2016 the Company issued to Holder an option to purchase 500,000 shares of common stock of the Company at an exercise
price of USD$0.16 (&ldquo;Option #24&rdquo; or the &ldquo;Option&rdquo;) which Option vested on the 1-year anniversary date of
February 19, 2017 and as defined in Section 1(b) of the Option Agreement, is currently set to expire (the &ldquo;Expiration Date&rdquo;)
on February 19, 2022;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
on February 19, 2016 as part of the Option Agreement #24, the Company issued to the Holder a Certificate of Option which in Paragraph
#2 states &ldquo;The Option expires five (5) years after the date of issue and is exercisable, in whole or in part, at any-time
before they expire&rdquo; which defines the Expiration Date as February 19, 2021;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the defined Expiration Date in (a) the Option Agreement, Section 1(b); and (b) the Certificate of Option, paragraph 2, is inconsistent;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
Option Agreement #24, Section 1(b), should state &ldquo;These Options to purchase the Company common stock must be exercised,
in whole or in part, on or before February 19, 2021&rdquo;, which represent five (5) years after the Option #24 Grant Date of
February 19, 2016;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Parties further desire to amend the option Expiration Date by adding an additional three (3) years to the February 19, 2021
Expiration Date which would provide for an amended Expiration Date of February 19, 2024;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
the Parties now desire to amend the Option, as set forth below; and</FONT></P>

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