SEC Contract Filing

Filing Date: 2017-03-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>7
<FILENAME>f8k022017ex10iii_amarantus.htm
<DESCRIPTION>FORM OF CONTINGENT SETTLEMENT AGREEMENTS FOR CONVERTIBLE SERIES H PREFERRED STOCK HOLDERS
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit
10.3</B></FONT></P>

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 <TD STYLE="width: 50%; text-align: right; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>CONFIDENTIAL</U></B></FONT></TD></TR>
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 <TD STYLE="text-align: justify; padding: 0; text-indent: 0; width: 0.3in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Re:</FONT></TD>
 <TD STYLE="text-align: justify; padding: 0; text-indent: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Letter
 of Intent for Tender Exchange of Existing Equity Securities</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.3in; text-align: justify; text-indent: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prepared
for: ________</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dear
________:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
letter agreement sets forth our agreement and understanding as to the essential terms of the tender exchange of certain existing
equity securities of Amarantus BioScience Holdings, Inc. (the &quot;Company&quot;) located at 315 Montgomery Street, Suite 900,
San Francisco, CA 94104, including surrender of all warrants owned by ______ (&ldquo;Holder&rdquo;) and a collateral release of
assets of the Company, in return for receipt of newly issued equity securities in the Company (&ldquo;Tender Exchange&rdquo;)
as duly authorized and issued by the Company. The parties intend this letter agreement to be binding and enforceable, and that
it will inure to the benefit of the parties and their respective successors and assigns.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Definitive
Legal Agreements</B>. The purpose of this letter agreement constructed as a binding Letter of Intent (this &ldquo;LOI&rdquo;)
is to set forth certain specific financial terms of the Tender Exchange for the Holder, and the conditions precedent to be achieved
by or before the Closing Date (defined below). Legal agreements, releases, the forms of the securities, and any other documents
that may be required to attain the completion of the conditions precedent for the Tender Exchange (&ldquo;Legal Agreements&rdquo;)
shall contain customary conditions, representations, warranties, covenants, indemnities and other terms, including terms substantially
as set forth in this LOI and in the Tender Exchange Term Sheet attached as Exhibit A hereto. Upon execution of this LOI, the parties
hereto will continue in good faith to commit their resources to negotiate, prepare, and review the Legal Agreements required to
execute the Tender Exchange as soon as practicable, but no later than the expiration of the Stand Still Period (as defined in
Paragraph 3 below), as such may be extended pursuant to Paragraph 3. A majority of all such Holders will be required to agree
and execute the Legal Agreements, and the Tender Exchange completed as soon as possible. The parties agree that the Legal Agreements
shall incorporate the financial terms as provided herein, which terms shall not be subject to re-negotiation.</FONT></P>

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