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Beyond Air, Inc. – ‘S-1’ on 2/27/17 – ‘EX-10.19’

On:  Monday, 2/27/17, at 5:22pm ET   ·   Accession #:  1178913-17-658   ·   File #:  333-216287

Previous ‘S-1’:  ‘S-1/A’ on 1/5/16   ·   Next:  ‘S-1/A’ on 5/2/17   ·   Latest:  ‘S-1’ on 1/14/20   ·   5 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/27/17  Beyond Air, Inc.                  S-1                   75:6M                                     Z-K Global Ltd/FA

Registration Statement (General Form)   —   Form S-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1         Registration Statement (General Form)               HTML   1.15M 
 2: EX-5.1      Opinion of Counsel re: Legality -- exhibit_5-1      HTML     31K 
 3: EX-10.14    Material Contract -- exhibit_10-14                  HTML     40K 
 4: EX-10.15    Material Contract -- exhibit_10-15                  HTML    118K 
 5: EX-10.16    Material Contract -- exhibit_10-16                  HTML     35K 
 6: EX-10.17    Material Contract -- exhibit_10-17                  HTML     68K 
 7: EX-10.18    Material Contract -- exhibit_10-18                  HTML     87K 
 8: EX-10.19    Material Contract -- exhibit_10-19                  HTML     23K 
 9: EX-23.1     Consent of Experts or Counsel -- exhibit_23-1       HTML     21K 
16: R1          Document and Entity Information                     HTML     33K 
17: R2          Consolidated Balance Sheets                         HTML     93K 
18: R3          Consolidated Balance Sheets (Parenthetical)         HTML     42K 
19: R4          Consolidated Statements of Comprehensive Loss       HTML     48K 
20: R5          Consolidated Statements of Changes in               HTML     57K 
                Shareholders' Equity (Deficiency)                                
21: R6          Consolidated Statements of Changes in               HTML     22K 
                Shareholders' Equity (Deficiency) (Parenthetical)                
22: R7          Consolidated Statements of Cash Flows               HTML    105K 
23: R8          General                                             HTML     31K 
24: R9          Significant Accounting Policies                     HTML     73K 
25: R10         Other Accounts Receivable                           HTML     34K 
26: R11         Property and Equipment, Net                         HTML     41K 
27: R12         Other Accounts Payable                              HTML     32K 
28: R13         Line of Credit                                      HTML     23K 
29: R14         Convertible Notes                                   HTML     44K 
30: R15         Taxes on Income                                     HTML     67K 
31: R16         Contingent Liabilities and Commitments              HTML     36K 
32: R17         Shareholders' Deficiency                            HTML    106K 
33: R18         Related Parties Balances and Transactions           HTML     62K 
34: R19         Financial Expenses, Net                             HTML     37K 
35: R20         Basic and Diluted Net Loss Per Share                HTML     40K 
36: R21         Subsequent Events                                   HTML     37K 
37: R22         Significant Accounting Policies (Policies)          HTML    118K 
38: R23         Significant Accounting Policies (Tables)            HTML     33K 
39: R24         Other Accounts Receivable (Tables)                  HTML     30K 
40: R25         Property and Equipment, Net (Tables)                HTML     39K 
41: R26         Other Accounts Payable (Tables)                     HTML     31K 
42: R27         Convertible Notes (Tables)                          HTML     36K 
43: R28         Taxes on Income (Tables)                            HTML     55K 
44: R29         Shareholders' Deficiency (Tables)                   HTML     75K 
45: R30         Related Parties Balances and Transactions (Tables)  HTML     44K 
46: R31         Financial Expenses, Net (Tables)                    HTML     37K 
47: R32         Basic and Diluted Net Loss Per Share (Tables)       HTML     37K 
48: R33         General (Narrative) (Details)                       HTML     44K 
49: R34         Significant Accounting Policies (Useful lives of    HTML     29K 
                Property and Equipment) (Details)                                
50: R35         Significant Accounting Policies (Fair Value         HTML     34K 
                Assumptions For Options Granted) (Details)                       
51: R36         Other Accounts Receivable (Details)                 HTML     29K 
52: R37         Property and Equipment, Net (Details)               HTML     40K 
53: R38         Other Accounts Payable (Details)                    HTML     31K 
54: R39         Line of Credit (Details)                            HTML     32K 
55: R40         Convertible Notes (Narrative) (Details)             HTML     50K 
56: R41         Convertible Notes (Schedule of Convertible Notes)   HTML     40K 
                (Details)                                                        
57: R42         Taxes on Income (Narrative) (Details)               HTML     36K 
58: R43         Taxes on Income (Significant Components of          HTML     36K 
                Deferred Tax Assets) (Details)                                   
59: R44         Taxes on Income (Loss (Income) Before Taxes On      HTML     28K 
                Income) (Details)                                                
60: R45         Taxes on Income (Reconciliation of Beginning and    HTML     26K 
                Ending Unrecognized Tax Benefits) (Details)                      
61: R46         Contingent Liabilities and Commitments (Other)      HTML     33K 
                (Details)                                                        
62: R47         Contingent Liabilities and Commitments              HTML     50K 
                (Compensation Commitments) (Details)                             
63: R48         Contingent Liabilities and Commitments (Option      HTML     24K 
                Agreement) (Details)                                             
64: R49         Shareholders' Deficiency (Narrative) (Details)      HTML    103K 
65: R50         Shareholders' Deficiency (Summary of Option         HTML     58K 
                Activity For Employees And Directors) (Details)                  
66: R51         Shareholders' Deficiency (Summary of Options        HTML     41K 
                Granted to Non-Employees) (Details)                              
67: R52         Shareholders' Deficiency (Schedule of Share Based   HTML     38K 
                Compensation Expense) (Details)                                  
68: R53         Related Parties Balances and Transactions           HTML     83K 
                (Narrative) (Details)                                            
69: R54         Related Parties Balances and Transactions           HTML     37K 
                (Schedule of Related Party Transactions) (Details)               
70: R55         Financial Expenses, Net (Details)                   HTML     38K 
71: R56         Basic and Diluted Net Loss Per Share (Details)      HTML     34K 
72: R57         Subsequent Events (Details)                         HTML     76K 
74: XML         IDEA XML File -- Filing Summary                      XML    128K 
73: EXCEL       IDEA Workbook of Financial Reports                  XLSX     73K 
10: EX-101.INS  XBRL Instance -- aitb-20161231                       XML   1.23M 
12: EX-101.CAL  XBRL Calculations -- aitb-20161231_cal               XML    158K 
13: EX-101.DEF  XBRL Definitions -- aitb-20161231_def                XML    414K 
14: EX-101.LAB  XBRL Labels -- aitb-20161231_lab                     XML    770K 
15: EX-101.PRE  XBRL Presentations -- aitb-20161231_pre              XML    635K 
11: EX-101.SCH  XBRL Schema -- aitb-20161231                         XSD    125K 
75: ZIP         XBRL Zipped Folder -- 0001178913-17-000658-xbrl      Zip    116K 


‘EX-10.19’   —   Material Contract — exhibit_10-19


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C: 

Exhibit 10.19
 
Advanced Inhalation Therapies (AIT) Ltd.
2 Derech Meir Weisgal
Rehovot, 7632605 Israel
 
 

Via Email
Ron Bentzur, Chairman, AIT
 
Re:          Waiver of Back Salary
 
Dear Ron:
 
As you are aware, pursuant to my position as Chief Executive I am entitled to salary of $218,871 annually as of September 2015 (prior annual salary – $195,331).  No portion of this salary has been paid from June 2015 through to the present.  As such, the total salary owed to me by AIT is presently $304,183 with additional monies due and owing to Dandelion Investments Ltd, in which I am the principal.
 
As we prepare for the private equity investment and public offering referenced in the Board Resolutions dated October 21, 2016 and thereafter, and contingent on the closing of those transactions, please note that I hereby waive, release, discharge and make covenant not to claim any of the earnings referenced herein up to and through the date of the closing on the private equity investment and public offering with salary at the contracted terms to re-commence immediately following the release of funds from the private equity investment.  Further contingent on the closing of the referenced transactions, I waive, release, discharge and make covenant not to claim any monies due and owing to Dandelion Investments Ltd., and I am so authorized to issue such waiver.
 
I acknowledge that I am, upon and subject to the closing of the referenced transactions, waiving substantial rights and earnings on my own behalf and that of Dandelion Investments Ltd., and that I do so voluntarily and without any inducement.
 
Sincerely,
 
Advanced Inhalation Therapies (AIT) Ltd.
 
/s/ Amir Avniel                                                 
Chief Executive Officer
 



Dates Referenced Herein

This ‘S-1’ Filing    Date    Other Filings
Filed on:2/27/17None on these Dates
10/31/16
10/21/16
 List all Filings 


5 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/23/21  Beyond Air, Inc.                  10-K/A      3/31/21    6:381K                                   M2 Compliance LLC/FA
 6/10/21  Beyond Air, Inc.                  10-K        3/31/21   82:5.8M                                   M2 Compliance LLC/FA
 5/22/17  SEC                               UPLOAD9/26/17    1:42K  Beyond Air, Inc.
 5/17/17  SEC                               UPLOAD9/26/17    1:140K Beyond Air, Inc.
 3/23/17  SEC                               UPLOAD9/26/17    1:174K Beyond Air, Inc.
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Filing Submission 0001178913-17-000658   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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