SEC Contract Filing

Filing Date: 2017-07-11

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>vitro_10ez1.htm
<DESCRIPTION>REVISED AGREEMENT
<TEXT>
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<DIV style=margin-left:72pt;width:468pt><P align=center style='font:12pt Times New Roman;margin:0'><B>STEM CELL LAB DEVELOPMENT AGREEMENT</B></P>
<P align=center style='font:12pt Times New Roman;margin:0'>&nbsp;</P>
<P align=justify style='font:10.5pt Calibri;margin-top:5pt;margin-bottom:5pt;color:#000000'><KBD style=letter-spacing:30.3pt>&nbsp;</KBD><FONT style='font-family:Times New Roman'>This STEM CELL LAB DEVELOPMENT AGREEMENT (this &#8220;Agreement&#8221;) made the 6<SUP>th</SUP> day of July, 2017 , by and between DaVinci Centre for Wellness and Alternative Therapies, formed and organized under the laws of the Cayman Islands (&#8220;DaVinci&#8221;), Halo Cell Sciences, Ltd, a Cayman Islands corporation (&#8220;Cell Sciences&#8221;), and Vitro Diagnostics, Inc., a Nevada corporation (&#8220;Vitro&#8221;). DaVinci, Cell Sciences, and Vitro are sometimes referred to herein collectively as the &#8220;Parties &#8221;&nbsp;and each individually as a &#8220;Party.&#8221;&#160;</FONT><FONT style='font:9.5pt Arial;background-color:#FFFFFF'><B>This signed Stem Cell Development Agreement shall become effective upon the minimum sufficient funding in the amount of $1,500,000 being raised by Vitro and the completion of the items detailed in the &#8220;Terms of Agreement&#8221; laid out below.</B></FONT>&nbsp;</P>
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<P align=center style='font:12pt Times New Roman;margin:0'><B>RECITALS </B></P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&#160; </P>
<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter-spacing:28.8pt>&nbsp;</KBD>WHEREAS, Vitro and Cell Sciences plan to develop and operate a fully functioning &nbsp;stem cell laboratory on Grand Cayman (the &#8220;Lab&#8221;);&nbsp;</P>
<P align=justify style='font:12pt Times New Roman;margin:0'>&#160; </P>
<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter-spacing:28.8pt>&nbsp;</KBD>WHEREAS, DaVinci has agreed to provide services in connection with the creation and operation of the Lab as described herein.&#160; &nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter-spacing:28.8pt>&nbsp;</KBD>NOW, THEREFORE, in consideration of the mutual premises and covenants set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows.&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style='position:absolute;font:12pt Times New Roman;margin-left:36pt'>1. &nbsp;</KBD><KBD style=letter-spacing:64.8pt>&nbsp;</KBD><FONT style='border-bottom:1px solid #000000'>Services to Be Provided By DaVinci.</FONT> &nbsp;In connection with the development and operation of the Lab, DaVinci agrees to provide the following consulting and support services (the &#8220;Services&#8221;) to Cell Sciences, on an on-going and as-needed basis:&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter-spacing:64.8pt>&nbsp;</KBD>a. <FONT style=color:#FF0000> </FONT> Licensed and Registered Healthcare Facility (DaVinci Centre Cayman Islands) Health Practice Commission of the Cayman Islands, for Stem Cell Transplant. &nbsp;&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter-spacing:64.8pt>&nbsp;</KBD>b. &nbsp;Staffing of qualified and registered healthcare personnel for the &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;transplant of autologous or allogeneic MSC at the Da Vinci Wellness Centre.&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter-spacing:64.8pt>&nbsp;</KBD>c. &nbsp;Patient Customer Service, screening, eligibility, support and follow up with respective international physicians.&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter-spacing:64.8pt>&nbsp;</KBD>d. Institutional Review Board (&#8220;IRB&#8221;) Approval for the use of fat derived autologous MSC for the clinical trial for the medical condition of multiple sclerosis, pending the transfer of the present IRB to include Vitro as the laboratory expanding cells, and submission of the Standard Operating Procedures (&#8220;SOP&#8221;) of Vitro.&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter-spacing:64.8pt>&nbsp;</KBD>e. &nbsp;Institutional Review Board (IRB) Approval for the use of fat derived autologous MSC or Allogeneic Cells for the clinical trial regarding chronic low grade inflammation and stem cells as an immune modulator targeting inflammation, pending the transfer of the present IRB to Vitro as the laboratory for cell expansion, and submission the SOPs of Vitro.&nbsp;</P>
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<P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter-spacing:64.8pt>&nbsp;</KBD>f. <FONT style=color:#FF0000> </FONT>Future IRB approved clinical trials, on an on-going basis.&nbsp;</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P align=justify style='font:12pt Times New Roman;margin:0'><KBD style=letter