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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be dissolved promptly after receipt of notice that such lien has been filed, by the payment thereof or by the filing of a bond sufficient to accomplish the foregoing. If Tenant shall fail to discharge any such lien, Landlord may, at its option, discharge such lien and treat the cost thereof (including attorneys’ fees incurred in connection therewith) as Additional Rent payable upon demand, it being expressly agreed that such discharge by Landlord shall not be deemed to waive or release the Event of Default in not discharging such lien. Tenant shall indemnify and hold Landlord harmless from and against any and all expenses, liens, claims, liabilities and damages based on or arising, directly or indirectly, by reason of the making of any alterations, additions or improvements by or on behalf of Tenant to the Premises under this Section, which obligation shall survive the expiration or termination of this Lease.

In the course of any work being performed by Tenant (including, without limitation, the installation or removal of any Tenant’s
Removable Property), Tenant agrees to use labor compatible with that being employed by Landlord for work in the Property or other buildings
owned by Landlord or its affiliates (which term, for purposes hereof, shall include, without limitation, entities which control or are
under common control with or are controlled by Landlord or, if Landlord is a partnership or limited liability company, by any partner
or member of Landlord) and not to employ or permit the use of any labor or otherwise take any action which might result in a labor dispute
or disharmony involving personnel providing services in the Building or on the Property pursuant to arrangements made by Landlord.

Landlord may, by written notice to Tenant prior to the expiration or earlier termination of the Term of this Lease, require Tenant, at
Tenant’s expense, to remove any Alterations in the Premises at the expiration or earlier termination of the Term, to repair any
damage to the Premises and Building caused by such removal and return the affected portion of the Premises to a Building standard tenant
improved condition as determined by Landlord. If Tenant fails to complete such removal and/or to repair any damage caused by the removal
of any Alterations in the Premises, and return the affected portion of the Premises to a Building standard tenant improved condition
as determined by Landlord, then, without limiting Landlord’s other rights and remedies, at Landlord’s option, either (A)
Tenant shall be deemed to be holding over in the Premises and Rent shall continue to accrue in accordance with the terms of Article
12, below, until such work shall be completed, or (B) Landlord may do so and may charge the cost thereof to Tenant.

Extra Hazardous Use. Tenant covenants and agrees that Tenant will not do or permit anything to be done in or upon the Premises,
or bring in anything or keep anything therein, which shall increase the rate of property or liability insurance on the Premises or the
Property above the standard rate applicable to Premises being occupied for the Permitted Use. If the premium or rates payable with respect
to any policy or policies of insurance carried by or on behalf of Landlord with respect to the Property increases as a result of any
act or activity on or use of the Premises during the Term or payment by the insurer of any claim arising from any act or neglect of Tenant,
its employees, agents, contractors or invitees, Tenant shall pay such increase, from time to time, within fifteen (15) days after demand
therefor by Landlord, as Additional Rent.

Hazardous Materials.

Tenant shall not cause or permit any Hazardous Materials to be brought upon, kept or used in or about the Premises, the Building or the
Property in violation of applicable Laws by Tenant or any of its employees, agents, contractors or invitees (collectively with Tenant,
each a “Tenant Party”). If (i) Tenant breaches such obligation, (ii) the presence of Hazardous Materials as a result
of such a breach results in contamination of the Property, any portion thereof, or any adjacent property, (iii) contamination of the
Premises otherwise occurs during the Term or any extension or renewal hereof or holding over hereunder, or (iv) contamination of the
Property occurs as a result of Hazardous Materials that are placed on or under or are released into the Property by a Tenant Party, then
Tenant shall indemnify, save, defend (at Landlord’s option and with counsel reasonably acceptable to Landlord) and hold the Landlord
Indemnitees harmless from and against any and all demands, claims, liabilities, losses, costs, expenses, actions, causes of action, damages,
suits or judgments, and all reasonable expenses (including reasonable attorneys’ fees, charges and disbursements, regardless of
whether the applicable demand, claim, action, cause of action or suit is voluntarily withdrawn or dismissed) (“Claims”)
of any kind or nature, including (w) diminution in value of the Property or any portion thereof, (x) damages for the loss or restriction
on use of rentable or usable space or of any amenity of the Property, (y) damages arising from any adverse impact on marketing of space
in the Property or any portion thereof and (z) sums paid in settlement of Claims that arise during or after the Term as a result of such
breach or contamination. This indemnification by Tenant includes costs incurred in connection with any investigation of site conditions
or any clean-up, remedial, removal or restoration work required by any governmental authority because of Hazardous Materials present
in the air, soil or groundwater above, on, under or about the Property. Without limiting the foregoing, if the presence of any Hazardous
Materials in, on, under or about the Property, any portion thereof or any adjacent property caused or permitted by any Tenant Party results
in any contamination of the Property, any portion thereof or any adjacent property, then Tenant shall promptly take all actions at its
sole cost and expense as are necessary to return the Property, any portion thereof or any adjacent property to its respective condition
existing prior to the time of such contamination; provided that Landlord’s written approval of such action shall first be
obtained, which approval Landlord shall not unreasonably withhold; and provided, further, that it shall be reasonable for Landlord
to withhold its consent if such actions could have a material adverse long-term or short-term effect on the Property, any portion thereof
or any adjacent property. Tenant’s obligations under this Section shall not be affected, reduced or limited by any limitation on
the amount or type of damages, compensation or benefits payable by or for Tenant under workers’ compensation acts, disability benefit
acts, employee benefit acts or similar legislation.