SEC Contract Filing

Filing Date: 2015-11-16

Document Content:
<DOCUMENT>
<TYPE>EX-10.8
<SEQUENCE>9
<FILENAME>xenetic_8k-ex1008.htm
<DESCRIPTION>FORM OF AMENDMENT TO REGISTRATION RIGHTS AGREEMENT
<TEXT>
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 <TITLE></TITLE>
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<P STYLE="margin-top: 0pt; text-align: left; margin-bottom: 0pt">Exhibit 10.8</P>

<P STYLE="margin-top: 0pt; text-align: left; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>FORM OF</B></P>

<P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"><B>FIRST</B> <B>AMENDMENT TO REGISTRATION RIGHTS
AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This First Amendment
to Registration Rights Agreement (this &ldquo;<U>Amendment</U>&rdquo;) is dated as of ________________ between Xenetic Biosciences,
Inc., a Nevada corporation (the &ldquo;<U>Company</U>&rdquo;), and the purchaser identified on the signature pages hereto (the
&ldquo;<U>Purchaser</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the Company
and the Purchaser are parties to that certain Registration Rights Agreement, dated as of July 1, 2015 (as the same is being amended
by this Amendment, and as may be further amended, restated, amended and restated, supplemented or otherwise modified from time
to time, the &ldquo;<U>Registration Rights Agreement</U>&rdquo;), pursuant to which the Company granted certain registration rights
with respect to the Company&rsquo;s common stock, par value $0.01 per share (&ldquo;<U>Common Stock</U>&rdquo;), underlying a $3
million Ten Percent (10%) Senior Secured Collateralized Convertible Promissory Note (the &ldquo;<U>Original Note</U>&rdquo;) and
a Common Stock Purchase Warrant to purchase up to 10 million shares of common stock of the Company, par value $0.01 per share (the
&ldquo;<U>Original Warrant</U>&rdquo;) which were purchased pursuant to that certain Securities Purchase Agreement, dated June
9, 2015 (the &ldquo;<U>Securities Purchase Agreement</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS,
the Company, the Purchaser and AS Kevelt, a subsidiary of the Purchaser, have entered into that certain Asset Purchase
Agreement, dated as of November [__], 2015 (the &ldquo;<U>Asset Purchase Agreement</U>&rdquo;), pursuant to which the Company
will purchase certain assets of AS Kevelt and, as part of the transactions contemplated thereby, Purchaser will purchase from
the Company one or more additional Ten Percent (10%) Senior Secured Collateralized Convertible Promissory Notes (the
&ldquo;<U>New Notes</U>&rdquo;) and the Company will issue to the Purchaser additional Common Stock Purchase Warrants to
purchase up to 11,666,667 shares of common stock of the Company, par value $0.01 per share (the &ldquo;<U>New
Warrants</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the parties
have amended certain provisions of the Securities Purchase Agreement (the &ldquo;<U>SPA Amendment</U>&rdquo;), to reflect the purchase
of the New Notes and the issuance of the New Warrants and desire to amend certain provisions of the Registration Rights Agreement
to grant the Purchaser registration rights with respect to the shares of Common Stock underlying the New Notes and the New Warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE,
IN CONSIDERATION of the mutual covenants contained in this Agreement, and for other good and valuable consideration, the receipt
and adequacy of which are hereby acknowledged, the Company and the Purchaser agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">ARTICLE I.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Amendments and Reaffirmation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.1<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Amendments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
introductory clause of Section 1 of the Registration Rights Agreement is hereby deleted in its entirety and replaced with the
following:</font></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margi