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

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hereafter be designated by Tenant by like notice). Except as otherwise provided herein, all such notices shall be effective when received; provided, that (i) if receipt is refused, notice shall be effective upon the first occasion that such receipt is refused, (ii) if the notice is unable to be delivered due to a change of address of which no notice was given, notice shall be effective upon the date such delivery was attempted, (iii) if the notice address is a post office box number, notice shall be effective the day after such notice is sent as provided hereinabove or (iv) if the notice is to a foreign address, notice shall be effective two (2) days after such notice is sent as provided hereinabove. Any notice given by an attorney on behalf of Landlord or by Landlord’s managing agent shall be considered as given by Landlord and shall be fully effective.

Authority. Tenant hereby represents and warrants to Landlord that (i) Tenant is duly organized and validly existing in good
standing under the laws of Delaware, and possesses all licenses and authorizations necessary to carry on its business, (ii) Tenant has
full power and authority to carry on its business, enter into this Lease and consummate the transaction contemplated by this Lease, (iii)
the individual executing and delivering this Lease on Tenant’s behalf has been duly authorized to do so, (iv) this Lease has been
duly executed and delivered by Tenant, (v) this Lease constitutes a valid, legal, binding and enforceable obligation of Tenant (subject
to bankruptcy, insolvency or creditor rights laws generally, and principles of equity generally), (vi) the execution, delivery and performance
of this Lease by Tenant will not cause or constitute a default under, or conflict with, the organizational documents of Tenant or any
agreement to which Tenant is a party, (vii) the execution, delivery and performance of this Lease by Tenant will not violate any applicable
Law, and (viii) all consents, approvals, authorizations, orders or filings of or with any court or governmental agency or body, if any,
required on the part of Tenant for the execution, delivery and performance of this Lease have been obtained or made.

When Lease Becomes Binding; Entire Agreement; Modification. The submission of this document for examination and negotiation
does not constitute an offer to lease, or a reservation of, or option for, the Premises, and this document shall become effective and
binding only upon the execution and delivery hereof by both Landlord and Tenant. This Lease is the entire agreement between Landlord
and Tenant, and this Lease expressly supersedes any negotiations, considerations, representations and understandings and proposals or
other written documents relating hereto. This Lease may be modified or altered only by written agreement between Landlord and Tenant,
and no act or omission of any employee or agent of Landlord shall alter, change or modify any of the provisions hereof.

Paragraph Headings and Interpretation of Sections. The paragraph headings throughout this instrument are for convenience and
reference only, and the words contained therein shall in no way be held to explain, modify, amplify or aid in the interpretation, construction
or meaning of the provisions of this Lease. The provisions of this Lease shall be construed as a whole, according to their common meaning
(except where a precise legal interpretation is clearly evidenced), and not for or against either party. Use in this Lease of the words
“including,” “such as” or words of similar import, when followed by any general term, statement or matter, shall
not be construed to limit such term, statement or matter to the specified item(s), whether or not language of non-limitation, such as
“without limitation” or “including, but not limited to,” or words of similar import, are used with reference
thereto, but rather shall be deemed to refer to all other terms or matters that could fall within a reasonably broad scope of such term,
statement or matter.

Joint and Several Liability; Successors and Assigns. If there shall be more than person or entity which constitute the “Tenant”
hereunder, the obligations of Tenant hereunder shall be joint and several for all such persons and entities. The covenants and conditions
herein contained, subject to the provisions as to assignment, shall inure to and bind the heirs, successors, executors, administrators
and assigns of the parties hereto.

Waiver of Jury Trial. In any action or proceeding arising herefrom, Landlord and Tenant hereby consent to (i) the jurisdiction
of any competent court within the state where the Building is located, (ii) service of process by any means authorized by the law of
the state where the Building is located, and (iii) in the interest of saving time and expense, trial without a jury in any action, proceeding
or counterclaim brought by either of the parties hereto against the other or their successors in respect of any matter arising out of
or in connection with this Lease, the relationship of Landlord and Tenant, Tenant’s use or occupancy of the premises, and/or any
claim for injury or damage, or any emergency or statutory remedy. In the event Landlord commences any summary proceedings or action for
nonpayment of Basic rent or Additional Rent, Tenant shall not interpose any counterclaim of any nature or description (unless such counterclaim
shall be mandatory) in any such proceeding or action, but shall be relegated to an independent action at law.

Reservation. Nothing set forth in this Lease shall be deemed or construed to restrict Landlord from making any repairs, renovations,
replacements, improvements and modifications to, or to reconfigure, any of the parking or Common Facilities serving the Property, and
Landlord expressly reserves the right to make any such repairs, renovations, replacements, improvements and modifications or reconfigurations
to such areas and other facilities of the Building and Common Facilities as Landlord may deem appropriate, including the addition or
deletion of temporary or permanent improvements therein, or the conversion of areas now dedicated for the non- exclusive common use of
tenants (including Tenant) to the exclusive use of one or more tenants or licensees within the Building. In connection with the foregoing,
Landlord may temporarily close or cover entrances, doors, windows, corridors, or other facilities without liability to Tenant; however,
in doing so, Landlord shall use commercially reasonable efforts to not unreasonably interfere with or disturb Tenant’s use and
occupancy of the Premises.

Prohibited Persons and Transactions. Tenant represents and warrants that neither Tenant nor any of its affiliates, nor any
of their respective partners, members, shareholders or other equity owners, and none of their respective employees, officers, directors,
representatives or agents is, nor will they become, a person or entity with whom U.S. persons or entities are restricted from doing business
under regulations of the Office of Foreign Asset Control (“OFAC”) of the Department of the Treasury (including those
named on OFAC’s Specially Designated and Blocked Persons List) or under any statute, executive order (including the September 24,
2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism),
or other governmental action and is not and will not Transfer this Lease to, contract with or otherwise engage in any dealings or transactions
or be otherwise associated with such persons or entities.

Time Is of the Essence. Time is of the essence of each provision of this Lease.

Multiple Counterparts; Signatures; Entire Agreement. This Lease may be executed in multiple counterparts, each of which shall
be deemed an original and all of which together shall constitute one and the same document. This Lease constitutes the entire agreement
between the parties hereto, Landlord’s managing agent and their respective affiliates with respect to the subject matter hereof
and thereof and supersedes all prior dealings between them with respect to such subject matter, and there are no verbal or collateral
understandings, agreements, representations or warranties not expressly set forth in this Lease. No subsequent alteration, amendment,
change or addition to this Lease shall be binding upon Landlord or Tenant, unless reduced to writing and signed by the party or parties
to be charged therewith. The parties hereby acknowledge and agree that facsimile signatures or signatures transmitted by electronic mail
in so-called “pdf” format shall be legal and binding and shall have the same full force and effect as if an original of this
Lease had been delivered. Landlord and Tenant (i) intend to be bound by the signatures on any document sent by facsimile or electronic
mail, (ii) are aware that the other party will rely on such signatures, and (iii) hereby waive any defenses to the enforcement of the
terms of this Lease based on the foregoing forms of signature.

Governing Law. This Lease shall be governed by the laws of the state in which the Property is located, without regard to application
of any conflict of law principles.

[Signatures
commence on following page]

[Signature
page of lease]

WITNESS WHEREOF, Landlord and Tenant have caused this Lease to be duly executed by persons hereunto duly authorized, as of the date
first set forth above.

LANDLORD: