SEC Filing Document

Company: BIOVENTRIX, INC.
Ticker: 
CIK: 1283259
Filing Type: S-1
Document Type: EX-10.5
Date Filed: 2026-02-12
Accession Number: 0001493152-26-006407
Exchange: 
SIC Code: 3841
SIC Description: Surgical & Medical Instruments & Apparatus
URL: https://www.sec.gov/Archives/edgar/data/1283259/000149315226006407/ex10-5.htm

Chunk 26 of 28
Word Count: 1467
Character Count: 9898

Document Content:

or subcontractor, shall be subject to reasonable supervision and inspection by Landlord’s representative. Such supervision and inspection shall be at Tenant’s sole expense and Tenant shall pay Landlord’s reasonable charges for such supervision and inspection as Additional Rent within thirty days after receiving Landlord’s invoice therefor. B. Prior to Commencement of Work Tenant shall submit to the property manager a request to perform the work. The request shall include the following enclosures: list of Tenant’s contractors and/or subcontractors for Landlord’s approval. (ii) Four complete sets of plans and specifications properly stamped by a registered architect or professional engineer and meeting the requirements in Section D below. (iii) A properly executed building permit application form. (iv) Four executed copies of the Insurance Requirements Agreement in the form attached to this Exhibit as Attachment II and made a part hereof from Tenant’s contractor and, if requested by Landlord, from the contractor’s subcontractors.

(v)	Contractor’s
and subcontractor’s insurance certificates, including an indemnity in accordance with the Insurance Requirements Agreement.

Landlord will return the following to Tenant:

(i)	Two
sets of plans approved or a disapproved with specific comments as to the reasons therefor (such approval or comments shall not constitute
a waiver of approval of governmental authorities).

(ii)	Two
fully executed copies of the Insurance Requirements Agreement.

Landlord’s approval of the plans, drawings, specifications or other submissions in respect of any Alterations shall create no liability
or responsibility on the part of Landlord for their completeness, design sufficiency or compliance with requirements of any applicable
laws, rules or regulations of any governmental or quasi-governmental agency, board or authority. Any plan or design approval rights reserved
to or exercised by Landlord hereunder are for the sole and exclusive benefit of Landlord to ensure compatibility of such work with Building
systems and Building standards, and such approval does not constitute any representation or warranty whatsoever as to the adequacy, correctness,
efficiency or compliance with applicable Law of such plan or design or the work shown thereon and Landlord is expressly not reviewing
Tenant’s plans for such purposes.

Tenant shall obtain a building permit from the Building Department and necessary permits from other governmental agencies. Tenant shall
be responsible for keeping current all permits. Tenant shall submit copies of all approved plans and permits to Landlord and shall post
the original permit on the Premises prior to the commencement of any work.

C.	Requirements
and Procedures

All structural and floor loading requirements shall be subject to the prior approval of Landlord’s structural engineer.

All mechanical (HVAC, plumbing and sprinkler) and electrical requirements shall be subject to the approval of Landlord’s mechanical
and electrical engineers and all mechanical and electrical work shall be performed by contractors who are engaged by Landlord in constructing,
operating or maintaining the Building. When necessary, Landlord will require engineering and shop drawings, which drawings must be approved
by Landlord before work is started. Drawings are to be prepared by Tenant and all approvals shall be obtained by Tenant.

Omitted.

If shutdown of risers and mains for electrical, HVAC, sprinkler and plumbing work is required, such work shall be supervised by Landlord’s
representative and shall be performed only at times approved by Landlord. No work will be performed in Building mechanical equipment
rooms without Landlord’s approval and under Landlord’s supervision.

Tenant’s contractor shall:

(i)	have
a superintendent or foreman on the Premises at all times;

(ii)	police
the job at all times, continually keeping the Premises orderly;

(iii)	maintain
cleanliness and protection of all areas, including elevators and lobbies.

(iv)	protect
the front and top of all peripheral HVAC units and thoroughly clean them at the completion of work;

(v)	block
off supply and return grills, diffusers and ducts to keep dust from entering into the Building air conditioning system; and

(vi)	avoid
disturbance of other tenants.

If Tenant’s contractor is negligent in any of its responsibilities, Tenant shall be charged for corrective work.

All equipment and installations must be equal to the standards generally in effect with respect to the remainder of the Building. Any
deviation from such standards will be permitted only if indicated or specified on the plans and specifications and approved by Landlord.

A properly executed air balancing report signed by a professional engineer shall be submitted to Landlord upon the completion of all
HVAC work.

Upon completion of the Alterations, Tenant shall submit to Landlord a permanent certificate of occupancy and final approval by the other
governmental agencies having jurisdiction.

Tenant shall submit to Landlord a final “as-built” set of drawings in Auto-CAD format and one set of blueprints showing all
items of the Alterations in full detail.

Additional and differing provisions in the Lease, if any, will be applicable and will take precedence.

D.	Standards for Plans
and Specifications

Whenever
Tenant shall be required by the terms of the Lease (including this Exhibit) to submit plans to Landlord in connection with any Alterations,
such plans shall include at least the following:

Floor plan indicating location of partitions and doors (details required of partition and door types).

Location of standard electrical convenience outlets and telephone outlets.

Location and details of special electrical outlets; e.g., photocopiers, etc.

Reflected ceiling plan showing layout of standard ceiling and lighting fixtures. Partitions to be shown lightly with switches located
indicating fixtures to be controlled.

Locations and details of special ceiling conditions, lighting fixtures, speakers, etc.

Location and specifications of floor covering, paint or paneling with paint colors referenced to standard color system.

Finish schedule plan indicating wall covering, paint, or paneling with paint colors referenced to standard color system.

Details and specifications of special millwork, glass partitions, rolling doors and grilles, blackboards, shelves, etc.

Hardware schedule indicating door number keyed to plan, size, hardware required including butts, latchsets or locksets, closures, stops,
and any special items such as thresholds, soundproofing, etc. Keying schedule is required.

Verified dimensions of all built-in equipment (file cabinets, lockers, plan files, etc.)

Location and weights of storage files.

Location of any special soundproofing requirements.

Location and details of special floor areas exceeding 50 pounds of live load per square foot.

All structural, mechanical, plumbing and electrical drawings, to be prepared by the base building consulting engineers, necessary to
complete the Premises in accordance with Tenant’s Plans.

All drawings to be uniform size (30” x 46”) and shall incorporate the standard project electrical and plumbing symbols and
be at a scale of 1/8” = 1’ or larger.

All drawings shall be submitted in hard-copy paper form (together with a PDF scanned copy of all paper drawings) and on disk in Auto-CAD
Version 2000.

All drawings shall be stamped by an architect (or, where applicable, an engineer) licensed in the jurisdiction in which the Property
is located and without limiting the foregoing, shall be sufficient in all respects for submission to applicable authorization in connection
with a building permit application.

Attachment
II to Exhibit F

Contractor’s
Insurance Requirements

Building:

Landlord:

Tenant:

Premises:

The
undersigned contractor or subcontractor (“Contractor”) has been hired by the tenant named above (hereinafter called
“Tenant”) of the Building named above (or by Tenant’s contractor) to perform certain work (“Work”)
for Tenant in the Premises identified above. Contractor and Tenant have requested the landlord named above (“Landlord”)
to grant Contractor access to the Building and its facilities in connection with the performance of the Work, and Landlord agrees to
grant such access to Contractor upon and subject to the following terms and conditions:

Contractor agrees to indemnify and save harmless Landlord and its respective officers, employees and agents and their affiliates, subsidiaries
and partners, and each of them, from and with respect to any claims, demands, suits, liabilities, losses and expenses, including reasonable
attorneys’ fees, arising out of or in connection with the Work (and/or imposed by law upon any or all of them) because of personal
injuries, bodily injury (including death at any time resulting therefrom) and loss of or damage to property, including consequential
damages, whether such injuries to person or property are claimed to be due to negligence of the Contractor, Tenant, Landlord or any other
party entitled to be indemnified as aforesaid except to the extent specifically prohibited by law (and any such prohibition shall not
void this Agreement but shall be applied only to the minimum extent required by law).

Contractor shall provide and maintain at its own expense, until completion of the Work, the following insurance:

“Builder’s All Risk” insurance in
an amount at least equal to 100% of the replacement value of such Alterations with no coinsurance provision.

Workmen’s Compensation and Employers Liability
Insurance in amount no less than $1,000,000.00
per occurrence covering each and every workman employed in, about or upon the Work, as provided for in and in the amounts required by
each and every statute applicable to Workmen’s Compensation and Employers’ Liability Insurance.