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Brooklyn ImmunoTherapeutics, Inc. – ‘S-4/A’ on 11/25/20 – ‘EX-10.23(C)’

On:  Wednesday, 11/25/20, at 6:13am ET   ·   Accession #:  1493152-20-22484   ·   File #:  333-249249

Previous ‘S-4’:  ‘S-4’ on 10/2/20   ·   Next:  ‘S-4/A’ on 12/22/20   ·   Latest:  ‘S-4/A’ on 1/20/21   ·   35 References:   

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

11/25/20  NTN Buzztime Inc.                 S-4/A                207:22M                                    M2 Compliance LLC/FA

Pre-Effective Amendment to Registration Statement – Securities for a Merger   —   Form S-4   —   SA’33
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-4/A       Pre-Effective Amendment to Registration Statement   HTML   4.43M 
                - Securities for a Merger                                        
 2: EX-5.1      Opinion of Counsel re: Legality                     HTML     58K 
 3: EX-10.16(A)  Material Contract                                  HTML     72K 
 4: EX-10.16(B)  Material Contract                                  HTML     74K 
 5: EX-10.17(A)  Material Contract                                  HTML     72K 
 6: EX-10.17(B)  Material Contract                                  HTML     58K 
 7: EX-10.17(C)  Material Contract                                  HTML     74K 
 8: EX-10.17(D)  Material Contract                                  HTML     66K 
 9: EX-10.18    Material Contract                                   HTML     74K 
10: EX-10.19(A)  Material Contract                                  HTML    235K 
11: EX-10.19(B)  Material Contract                                  HTML     61K 
12: EX-10.19(C)  Material Contract                                  HTML     72K 
13: EX-10.20    Material Contract                                   HTML    126K 
14: EX-10.21    Material Contract                                   HTML     68K 
15: EX-10.22    Material Contract                                   HTML     71K 
16: EX-10.23(A)  Material Contract                                  HTML    284K 
17: EX-10.23(B)  Material Contract                                  HTML     63K 
18: EX-10.23(C)  Material Contract                                  HTML     66K 
19: EX-10.23(D)  Material Contract                                  HTML    101K 
20: EX-10.24(A)  Material Contract                                  HTML    219K 
21: EX-10.24(B)  Material Contract                                  HTML     77K 
22: EX-10.24(C)  Material Contract                                  HTML     66K 
23: EX-23.4     Consent of Expert or Counsel                        HTML     54K 
24: EX-23.5     Consent of Expert or Counsel                        HTML     54K 
25: EX-99.1     Miscellaneous Exhibit                               HTML     53K 
27: EX-99.10    Miscellaneous Exhibit                               HTML     54K 
28: EX-99.11    Miscellaneous Exhibit                               HTML     54K 
29: EX-99.12    Miscellaneous Exhibit                               HTML     54K 
30: EX-99.13    Miscellaneous Exhibit                               HTML     54K 
26: EX-99.9     Miscellaneous Exhibit                               HTML     54K 
37: R1          Document and Entity Information                     HTML     68K 
38: R2          Condensed Consolidated Balance Sheets               HTML    171K 
39: R3          Condensed Consolidated Balance Sheets               HTML     83K 
                (Parenthetical)                                                  
40: R4          Condensed Consolidated Statements of Operations     HTML    134K 
                and Comprehensive Loss (Unaudited)                               
41: R5          Condensed Consolidated Statements of Operations     HTML     56K 
                and Comprehensive Loss (Unaudited) (Parenthetical)               
42: R6          Condensed Consolidated Statements of Shareholders'  HTML    122K 
                Equity (Unaudited)                                               
43: R7          Condensed Consolidated Statements of Cash Flows     HTML    195K 
                (Unaudited)                                                      
44: R8          Condensed Balance Sheets (Brooklyn                  HTML    144K 
                ImmunoTherapeutics, LLC)                                         
45: R9          Condensed Statements of Operations (Unaudited)      HTML    103K 
                (Brooklyn ImmunoTherapeutics, LLC)                               
46: R10         Condensed Statements of Changes in Members' Equity  HTML    149K 
                (Brooklyn ImmunoTherapeutics, LLC)                               
47: R11         Condensed Statements of Cash Flows (Brooklyn        HTML    265K 
                ImmunoTherapeutics, LLC)                                         
48: R12         Basis of Presentation                               HTML     62K 
49: R13         Organization of Company                             HTML     61K 
50: R14         Merger Agreement and Asset Purchase Agreement       HTML     60K 
51: R15         Covid-19-Update                                     HTML     59K 
52: R16         Going Concern Uncertainty                           HTML     66K 
53: R17         Summary of Significant Accounting Policies And      HTML    131K 
                Estimates                                                        
54: R18         Restricted Cash                                     HTML     59K 
55: R19         Fixed Assets, Net                                   HTML     65K 
56: R20         Fair Value of Financial Instruments                 HTML     62K 
57: R21         Accrued Compensation                                HTML     61K 
58: R22         Concentrations of Risk                              HTML     60K 
59: R23         Revenue Recognition                                 HTML    112K 
60: R24         Basic and Diluted Earnings Per Common Share         HTML     59K 
61: R25         Shareholders' Equity                                HTML    116K 
62: R26         Income Taxes                                        HTML     87K 
63: R27         Debt                                                HTML     66K 
64: R28         Long-term Debt                                      HTML     59K 
65: R29         Leases                                              HTML    110K 
66: R30         Commitments and Contingencies                       HTML     58K 
67: R31         Disposition of Site Equipment to Be Installed and   HTML     61K 
                Fixed Assets                                                     
68: R32         Software Development Costs                          HTML     60K 
69: R33         Goodwill                                            HTML     66K 
70: R34         Accumulated Other Comprehensive Income              HTML     59K 
71: R35         Recent Accounting Pronouncements                    HTML     65K 
72: R36         Retirement Savings Plan                             HTML     57K 
73: R37         Subsequent Events                                   HTML     65K 
74: R38         Organization and Description of Business            HTML     65K 
                Operations (Brooklyn ImmunoTherapeutics, LLC)                    
75: R39         Description of Business (Brooklyn                   HTML     57K 
                ImmunoTherapeutics, LLC) (10-K)                                  
76: R40         Going Concern (Brooklyn ImmunoTherapeutics, LLC)    HTML     72K 
77: R41         Basis of Presentation and Summary of Significant    HTML     72K 
                Accounting Policies (Brooklyn ImmunoTherapeutics,                
                LLC)                                                             
78: R42         Summary of Significant Accounting Policies          HTML    150K 
                (Brooklyn ImmunoTherapeutics, LLC) (10-K)                        
79: R43         Merger With NTN Buzztime, Inc (Brooklyn             HTML     59K 
                ImmunoTherapeutics, LLC)                                         
80: R44         Fair Value of Financial Instruments (Brooklyn       HTML     74K 
                ImmunoTherapeutics, LLC)                                         
81: R45         Business Combination (Brooklyn ImmunoTherapeutics,  HTML     61K 
                LLC) (10-K)                                                      
82: R46         Property and Equipment (Brooklyn                    HTML     76K 
                ImmunoTherapeutics, LLC)                                         
83: R47         Goodwill and in Process Research and Development    HTML     56K 
                (Brooklyn ImmunoTherapeutics, LLC) (10-K)                        
84: R48         Security Deposits and Other Assets (Brooklyn        HTML     58K 
                ImmunoTherapeutics, LLC)                                         
85: R49         Accrued Expenses (Brooklyn ImmunoTherapeutics,      HTML     65K 
                LLC)                                                             
86: R50         Investor Deposits (Brooklyn ImmunoTherapeutics,     HTML     55K 
                LLC) (10-K)                                                      
87: R51         Loans Payable (Brooklyn ImmunoTherapeutics, LLC)    HTML     68K 
88: R52         Loans Payable and Loans Payable to Related Parties  HTML     59K 
                (Brooklyn ImmunoTherapeutics, LLC) (10-K)                        
89: R53         Commitments and Contingencies (Brooklyn             HTML     82K 
                ImmunoTherapeutics, LLC)                                         
90: R54         Stock-Based Compensation (Brooklyn                  HTML     62K 
                ImmunoTherapeutics, LLC)                                         
91: R55         Members' Equity (Brooklyn ImmunoTherapeutics, LLC)  HTML     57K 
92: R56         Stockholders' Deficiency and Members' Equity        HTML     75K 
                (Brooklyn ImmunoTherapeutics, LLC) (10-K)                        
93: R57         Income Tax (Brooklyn ImmunoTherapeutics, LLC)       HTML    101K 
                (10-K)                                                           
94: R58         Subsequent Events (Brooklyn ImmunoTherapeutics,     HTML     72K 
                LLC)                                                             
95: R59         Summary of Significant Accounting Policies And      HTML    180K 
                Estimates (Policies)                                             
96: R60         Basis of Presentation and Summary of Significant    HTML     96K 
                Accounting Policies (Policies) (Brooklyn                         
                ImmunoTherapeutics, LLC)                                         
97: R61         Summary of Significant Accounting Policies          HTML    129K 
                (Policies) (Brooklyn ImmunoTherapeutics, LLC)                    
                (10-K)                                                           
98: R62         Summary of Significant Accounting Policies And      HTML    118K 
                Estimates (Tables)                                               
99: R63         Fixed Assets, Net (Tables)                          HTML     66K 
100: R64         Accrued Compensation (Tables)                       HTML     59K  
101: R65         Revenue Recognition (Tables)                        HTML    118K  
102: R66         Shareholders' Equity (Tables)                       HTML    100K  
103: R67         Income Taxes (Tables)                               HTML     84K  
104: R68         Leases (Tables)                                     HTML     95K  
105: R69         Goodwill (Tables)                                   HTML     63K  
106: R70         Business Combination (Tables) (Brooklyn             HTML     60K  
                ImmunoTherapeutics, LLC) (10-K)                                  
107: R71         Fair Value of Financial Instruments (Tables)        HTML     63K  
                (Brooklyn ImmunoTherapeutics, LLC)                               
108: R72         Property and Equipment (Tables) (Brooklyn           HTML     70K  
                ImmunoTherapeutics, LLC)                                         
109: R73         Accrued Expenses (Tables) (Brooklyn                 HTML     64K  
                ImmunoTherapeutics, LLC)                                         
110: R74         Commitments and Contingencies (Tables) (Brooklyn    HTML     59K  
                ImmunoTherapeutics, LLC) (10-K)                                  
111: R75         Stockholders' Deficiency and Members' Equity        HTML     83K  
                (Tables) (Brooklyn ImmunoTherapeutics, LLC) (10-K)               
112: R76         Income Tax (Tables) (Brooklyn ImmunoTherapeutics,   HTML     89K  
                LLC) (10-K)                                                      
113: R77         Basis of Presentation (Details Narrative)           HTML     55K  
114: R78         Organization of Company (Details Narrative) (10-K)  HTML     61K  
115: R79         Merger Agreement and Asset Purchase Agreement       HTML     74K  
                (Details Narrative)                                              
116: R80         Covid-19-Update (Details Narrative)                 HTML     60K  
117: R81         Going Concern Uncertainty (Details Narrative)       HTML     97K  
118: R82         Going Concern Uncertainty (Details Narrative)       HTML     78K  
                (10-K)                                                           
119: R83         Summary of Significant Accounting Policies and      HTML    199K  
                Estimates (Details Narrative) (10-K)                             
120: R84         Summary of Significant Accounting Policies and      HTML     78K  
                Estimates - Schedule of Disaggregation of Revenues               
                (Details) (10-K)                                                 
121: R85         Summary of Significant Accounting Policies and      HTML     61K  
                Estimates - Schedule of Revenues Geographic                      
                Breakdown (Details) (10-K)                                       
122: R86         Summary of Significant Accounting Policies and      HTML     65K  
                Estimates - Schedule of Contract Liabilities                     
                (Details) (10-K)                                                 
123: R87         Summary of Significant Accounting Policies and      HTML     63K  
                Estimates - Schedule of Unamortized Installation                 
                Cost and Sales Commissions (Details) (10-K)                      
124: R88         Restricted Cash (Details Narrative)                 HTML     72K  
125: R89         Restricted Cash (Details Narrative) (10-K)          HTML     75K  
126: R90         Fixed Assets, Net (Details Narrative) (10-K)        HTML     56K  
127: R91         Fixed Assets, Net - Schedule of Property and        HTML     70K  
                Equipment (Details) (10-K)                                       
128: R92         Fixed Assets, Net - Schedule of Asset Geographic    HTML     59K  
                Breakdown (Details) (10-K)                                       
129: R93         Accrued Compensation - Schedule of Accrued          HTML     66K  
                Compensation (Details) (10-K)                                    
130: R94         Concentrations of Risk (Details Narrative) (10-K)   HTML     75K  
131: R95         Revenue Recognition - (Details Narrative)           HTML     62K  
132: R96         Revenue Recognition - Schedule of Disaggregates     HTML     78K  
                Material Revenue (Details)                                       
133: R97         Revenue Recognition - Schedule of Revenues          HTML     62K  
                Geographic Breakdown (Details)                                   
134: R98         Revenue Recognition - Schedule of Contract          HTML     66K  
                Liabilities (Details)                                            
135: R99         Revenue Recognition - Schedule of Unamortized       HTML     64K  
                Installation Cost and Sales Commissions (Details)                
136: R100        Basic and Diluted Earnings Per Common Share         HTML     57K  
                (Details Narrative)                                              
137: R101        Basic and Diluted Earnings Per Common Share         HTML     57K  
                (Details Narrative) (10-K)                                       
138: R102        Shareholders' Equity (Details Narrative)            HTML    102K  
139: R103        Shareholders' Equity (Details Narrative) (10-K)     HTML    171K  
140: R104        Shareholders' Equity - Schedule of Weighted         HTML     64K  
                Average Assumptions (Details)                                    
141: R105        Shareholders' Equity - Schedule of Weighted         HTML     64K  
                Average Assumptions (Details) (10-K)                             
142: R106        Shareholders' Equity - Schedule of Restricted       HTML     58K  
                Stock and Common Stock Unit Vested (Details)                     
143: R107        Shareholders' Equity - Summary of Stock Option      HTML    104K  
                Activity (Details) (10-K)                                        
144: R108        Shareholders' Equity - Summary of Restricted Stock  HTML     76K  
                Unit Activity (Details) (10-K)                                   
145: R109        Shareholders' Equity - Summary of Warrant           HTML     77K  
                Activities (Details) (10-K)                                      
146: R110        Income Taxes (Details Narrative) (10-K)             HTML     71K  
147: R111        Income Taxes - Schedule of Current and Deferred     HTML     89K  
                Income Tax Provision (Benefit) (Details) (10-K)                  
148: R112        Income Taxes - Schedule of Deferred Tax Assets and  HTML     95K  
                Liabilities (Details) (10-K)                                     
149: R113        Income Taxes - Schedule of Reconciliation of        HTML     72K  
                Expected Income Taxes (Details) (10-K)                           
150: R114        Debt (Details Narrative)                            HTML    159K  
151: R115        Long-term Debt (Details Narrative) (10-K)           HTML     88K  
152: R116        Leases (Details Narrative)                          HTML    122K  
153: R117        Leases (Details Narrative) (10-K)                   HTML     78K  
154: R118        Leases - Schedule of Operating Lease Right-of-use   HTML     79K  
                Assets and Liabilities (Details)                                 
155: R119        Leases - Schedule of Operating Lease Right-of-use   HTML     74K  
                Assets and Liabilities (Details) (10-K)                          
156: R120        Leases - Schedule of Maturities of Operating        HTML     74K  
                Leases (Details) (10-K)                                          
157: R121        Leases - Schedule of Financing Lease Right-of-use   HTML     67K  
                Assets and Liabilities (Details)                                 
158: R122        Leases - Schedule of Financing Lease Right-of-use   HTML     66K  
                Assets and Liabilities (Details) (10-K)                          
159: R123        Leases - Schedule of Maturities of Financing        HTML     64K  
                Leases (Details)                                                 
160: R124        Leases - Schedule of Maturities of Financing        HTML     65K  
                Leases (Details) (10-K)                                          
161: R125        Disposition of Site Equipment to Be Installed and   HTML     70K  
                Fixed Assets (Details Narrative)                                 
162: R126        Software Development Costs (Details Narrative)      HTML     62K  
163: R127        Goodwill (Details Narrative)                        HTML     60K  
164: R128        Goodwill (Details Narrative) (10-K)                 HTML     60K  
165: R129        Goodwill - Schedule of Goodwill (Details)           HTML     63K  
166: R130        Goodwill - Schedule of Goodwill (Details) (10-K)    HTML     64K  
167: R131        Accumulated Other Comprehensive Income (Details     HTML     57K  
                Narrative)                                                       
168: R132        Accumulated Other Comprehensive Income (Details     HTML     57K  
                Narrative) (10-K)                                                
169: R133        Retirement Savings Plan (Details Narrative) (10-K)  HTML     57K  
170: R134        Subsequent Events (Details Narrative)               HTML     63K  
171: R135        Subsequent Events (Details Narrative) (10-K)        HTML    121K  
172: R136        Going Conern (Details Narrative) (Brooklyn          HTML     68K  
                ImmunoTherapeutics, LLC)                                         
173: R137        Basis of Presentation and Summary of Significant    HTML     62K  
                Accounting Policies (Details Narrative) (Brooklyn                
                ImmunoTherapeutics, LLC)                                         
174: R138        Merger With NTN Buzztime, Inc (Details Narrative)   HTML     68K  
                (Brooklyn ImmunoTherapeutics, LLC)                               
175: R139        Fair Value of Financial Instruments (Details        HTML     61K  
                Narrative) (Brooklyn ImmunoTherapeutics, LLC)                    
176: R140        Fair Value of Financial Instruments - Schedule of   HTML     64K  
                Fair Value of Liabilities (Details) (Brooklyn                    
                ImmunoTherapeutics, LLC)                                         
177: R141        Property and Equipment (Details Narrative)          HTML     56K  
                (Brooklyn ImmunoTherapeutics, LLC)                               
178: R142        Property and Equipment - Schedule of Property and   HTML     68K  
                Equipment (Details) (Brooklyn ImmunoTherapeutics,                
                LLC)                                                             
179: R143        Security Deposits and Other Assets (Details         HTML     62K  
                Narrative) (Brooklyn ImmunoTherapeutics, LLC)                    
180: R144        Accrued Expenses (Details) (Brooklyn                HTML     67K  
                ImmunoTherapeutics, LLC)                                         
181: R145        Loans Payable (Details Narrative) (Brooklyn         HTML     59K  
                ImmunoTherapeutics, LLC)                                         
182: R146        Commitments and Contingencies (Details Narrative)   HTML     99K  
                (Brooklyn ImmunoTherapeutics, LLC)                               
183: R147        Stock-Based Compensation (Details Narrative)        HTML     56K  
                (Brooklyn ImmunoTherapeutics, LLC)                               
184: R148        Members' Equity (Details Narrative) (Brooklyn       HTML     67K  
                ImmunoTherapeutics, LLC)                                         
185: R149        Going Conern (Details Narrative) (Brooklyn          HTML     86K  
                ImmunoTherapeutics, LLC) (10-K)                                  
186: R150        Summary of Significant Accounting Policies          HTML     72K  
                (Details Narrative) (Brooklyn ImmunoTherapeutics,                
                LLC) (10-K)                                                      
187: R151        Business Combination (Details Narrative) (Brooklyn  HTML     63K  
                ImmunoTherapeutics, LLC) (10-K)                                  
188: R152        Business Combination - Schedule of Purchase Price   HTML     83K  
                for Acquisition (Details) (Brooklyn                              
                ImmunoTherapeutics, LLC) (10-K)                                  
189: R153        Property and Equipment (Details Narative)           HTML     63K  
                (Brooklyn ImmunoTherapeutics, LLC) (10-K)                        
190: R154        Property and Equipment - Schedule of Property and   HTML     68K  
                Equipment (Details) (Brooklyn ImmunoTherapeutics,                
                LLC) (10-K)                                                      
191: R155        Goodwill and in Process Research and Development    HTML     59K  
                (Details Narrative) (Brooklyn ImmunoTherapeutics,                
                LLC) (10-K)                                                      
192: R156        Security Deposits and Other Assets (Details         HTML     65K  
                Narrative) (Brooklyn ImmunoTherapeutics, LLC)                    
                (10-K)                                                           
193: R157        Accrued Expenses (Details) (Brooklyn                HTML     70K  
                ImmunoTherapeutics, LLC) (10K)                                   
194: R158        Investor Deposits (Details Narrative) (Brooklyn     HTML     55K  
                ImmunoTherapeutics, LLC) (10-K)                                  
195: R159        Loans Payable and Loans Payable to Related Parties  HTML    101K  
                (Details Narrative) (Brooklyn ImmunoTherapeutics,                
                LLC) (10-K)                                                      
196: R160        Commitments and Contingencies (Details Narrative)   HTML    130K  
                (Brooklyn ImmunoTherapeutics, LLC) (10-K)                        
197: R161        Commitments and Contingencies - Schedule of Future  HTML     72K  
                Commitments of Operating Lease (Details) (Brooklyn               
                ImmunoTherapeutics, LLC)                                         
198: R162        Stockholders' Deficiency and Members' Equity        HTML    167K  
                (Details Narrative) (Brooklyn ImmunoTherapeutics,                
                LLC) (10-K)                                                      
199: R163        Stockholders' Deficiency and Members' Equity -      HTML     92K  
                Schedule of Stock Option Activity (Details)                      
                (Brooklyn ImmunoTherapeutics, LLC) (10-K)                        
200: R164        Stockholders' Deficiency and Members' Equity -      HTML     70K  
                Schedule of Stock Options Outstanding and                        
                Exercisable (Details) (Brooklyn                                  
                ImmunoTherapeutics, LLC) (10-K)                                  
201: R165        Income Tax (Details Narrative) (Brooklyn            HTML     61K  
                ImmunoTherapeutics, LLC) (10-K)                                  
202: R166        Income Tax - Schedule of Income Tax Benefit         HTML     84K  
                (Details) (Brooklyn ImmunoTherapeutics, LLC)                     
                (10-K)                                                           
203: R167        Income Tax - Schedule of Deferred Tax Assets and    HTML     61K  
                Liabilities (Details) (Brooklyn                                  
                ImmunoTherapeutics, LLC) (10-K)                                  
204: R168        Subsequent Events (Details Narrative) (Brooklyn     HTML     61K  
                ImmunoTherapeutics, LLC) (10-K)                                  
206: XML         IDEA XML File -- Filing Summary                      XML    371K  
205: EXCEL       IDEA Workbook of Financial Reports                  XLSX    284K  
31: EX-101.INS  XBRL Instance -- ntn-20200930                        XML   3.47M 
33: EX-101.CAL  XBRL Calculations -- ntn-20200930_cal                XML    459K 
34: EX-101.DEF  XBRL Definitions -- ntn-20200930_def                 XML   2.03M 
35: EX-101.LAB  XBRL Labels -- ntn-20200930_lab                      XML   2.11M 
36: EX-101.PRE  XBRL Presentations -- ntn-20200930_pre               XML   2.34M 
32: EX-101.SCH  XBRL Schema -- ntn-20200930                          XSD    461K 
207: ZIP         XBRL Zipped Folder -- 0001493152-20-022484-xbrl      Zip    337K  


‘EX-10.23(C)’   —   Material Contract


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



 

Exhibit 10.23(c)

 

ASSIGNMENT AND ASSUMPTION OF LEASE

 

THIS ASSIGNMENT AND ASSUMPTION OF LEASE (this “Agreement”) is made as of November_, 2018, by and between IRX Therapeutics, Inc., a New York corporation (“Assignor”) and Brooklyn Immunotherapeutic LLC, a Delaware limited liability company (“Assignee”),

 

RECITALS:

 

A. Pursuant to that certain Lease Agreement, dated September 28, 2015, between BIOBAT, INC„ a Not-for-Profit 501(c)(3) corporation organized under the laws of the State of New York (“Landlord”) and Assignor (“Lease”), Landlord currently leases to Assignor, that certain “Premises” (as more particularly described in the Lease). All initial capitalized terms used herein but not herein defined and defined in the Lease shall have the meaning ascribed to such terms under the Lease,

 

B. Assignor desires by this Agreement to assign all of its right, title and interest in and to the Lease to Assignee, and Assignee desires to accept such assignment and to agree to perform all of the obligations of the tenant under the Lease from and after the Effective Time (as hereinafter defined), ail upon the terms and conditions hereinafter set forth,

 

TERMS:

 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows;

 

1. Assignor assigns to Assignee all of its right, title and interest in and to the Lease as of the Effective Time, Assignee hereby accepts the foregoing assignment and assumes and agrees to be bound by and perform all covenants, conditions, obligations and duties of Assignor under the Lease as of the Effective Time. Assignee agrees that it has inspected the Premises and hereby agrees to take the Premises in the condition existing upon the Effective Time.

 

2. Assignor shall remain obligated to Landlord for the full performance of all covenants, conditions, obligations and duties required of tenant under the Lease and shall not be relieved of any such performance thereunder as a result of this Assignment. However, as of the Effective Time, Assignor shall have no continuing or future possessory rights in and to the Premises and thereafter waives any right it may possess to receive notice from Landlord relative to this Agreement or the Lease.

 

3. Assignor agrees that any security deposit currently being held by Landlord in the amount of shall be retained by Landlord to mist, the security deposit requirements of “Tenant” under the Lease. Any amount of such security deposit remaining at the expiration of the term of the Lease shall be paid to Assignee after full satisfaction of any amount owed to Landlord,

 

4. Assignor represents and covenants as follows:

 

(a) That the Lease is in full force and effect; that Assignor’s interest therein is free and clear of all encumbrances; and that Assignor has fully-performed all covenants and obligations under the Lease and has not done or permitted any acts in violation of the covenants contained in the Lease,

 

(b) That Assignor has not heretofore assigned, mortgaged or otherwise transferred, amended or encumbered, voluntarily or involuntarily, the Lease or its interest therein or subleased or allowed use or occupancy of the Premises by any other person or entity under a sublease or occupancy agreement remaining in effect.

 

 C: 
   

 

 

(c) That Landlord has fully performed all the covenants and obligations on its part to be performed and observed under the Lease; that Landlord has not done or permitted any act or acts in violation of any of the covenants, provisions or terms thereof°, and that there is not now in existence any reason or claim to offset, deduct or decrease any payments due under the Lease,

 

5. Within thirty (30) days following the Effective Time, Assignor shall pay the Landlord’s attorneys’ fees and costs incurred in connection with the assignment contemplated hereby, Landlord consents to the assignment of the Lease to Assignee only at such time as this Agreement has been executed by all of the parties hereto. Nothing in this Agreement shall be deemed to waive or modify any of the provisions of the Lease, Consent to this Agreement shall not be deemed a consent by Landlord to any further assignment, whether or not Assignee purports to permit the same.

 

6. Subject to the provisions of Paragraph 5, the provisions of this Agreement shall bind and inure to the benefit of the heirs, representatives, successors and assigns of the parties hereto.

 

7. Assignee’s address for notices under the Lease shall be the Premises, unless changed in accordance with the Lease.

 

8. Each individual executing this Agreement on behalf of a partnership, corporation, limited liability company or other entity represents that he or she is duly authorized to execute and deliver this Agreement on behalf of the entity which is a party to this Agreement and agrees to deliver evidence of his or her authority to the other party(ies) upon request.

 

9. This Agreement may be executed by the parties hereto in separate counterparts, including by facsimile or PDF file, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument. Each counterpart may consist of a number of copies hereof each signed by less than all, but together signed by all of, the parties hereto.

 

10. This Agreement is being entered into in conjunction with the purchase of the Assignor’s business by the Assignee pursuant to a certain Asset Purchase Agreement, by and among Assignor and Assignee (the “Transaction”). The parties to this Agreement agree that this Agreement shall become effective, and shall only become effective, at such time as the closing date of the Transaction (the “Effective Time”). If the Transaction does not close, this Agreement shall automatically become null and void,

 

 C: 
  C: 2 

 

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

 

ASSIGNOR:

 

IRX THERAPEUTICS, INC.

a New York corporation

 

ASSIGNEE:

 

BROOKLYN IMMUNOTHERAPEUTICS, LLC

a New York corporation

         
By: /s/ Mark W. Leuchtenberger   By: /s/ Mark W. Leuchtenberger
  Mark W. Leuchtgenberger, CEO     Mark W. Leuchtgenberger, CEO
  1-14-2019     1-14-2019

 

 C: 
 3 

 

 

Landlord represents that the Lease is in full force and effect and that, to its knowledge, Assignor is not in default of any of its obligations thereunder. Landlord consents to the subject Assignment and Assumption of Lease. Landlord makes no representation regarding Assignor’s compliance with Article XI of the Prime Lease in connection with the subject assignment and assumption.

 

LANDLORD:  
     
BIOBAT, INC.  
a New York Not-for-Profit corporation  
     
By: /s/ Eva Cramer  
  Eva Cramer, President  
  (Print Name and Title)  
  November 02, 2018  

 

 C: 
 4 

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-4/A’ Filing    Date    Other Filings
Filed on:11/25/20CORRESP
11/2/18
9/28/15
 List all Filings 


8 Subsequent Filings that Reference this Filing

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

 7/01/22  Eterna Therapeutics Inc.          10-K/A     12/31/21   92:11M                                    Broadridge Fin’l So… Inc
 4/15/22  Eterna Therapeutics Inc.          10-K       12/31/21   95:10M                                    Broadridge Fin’l So… Inc
11/23/21  Eterna Therapeutics Inc.          S-1/A                  2:185K                                   Broadridge Fin’l So… Inc
11/18/21  Eterna Therapeutics Inc.          S-1                    4:602K                                   Broadridge Fin’l So… Inc
 5/27/21  Eterna Therapeutics Inc.          S-1                    4:660K                                   Broadridge Fin’l So… Inc
 4/30/21  Eterna Therapeutics Inc.          S-1                    8:2.2M                                   Broadridge Fin’l So… Inc
 1/20/21  Eterna Therapeutics Inc.          S-4/A       1/19/21  182:20M                                    M2 Compliance LLC/FA
12/22/20  Eterna Therapeutics Inc.          S-4/A                183:20M                                    M2 Compliance LLC/FA


27 Previous Filings that this Filing References

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

10/02/20  Eterna Therapeutics Inc.          S-4                  177:18M                                    M2 Compliance LLC/FA
 9/18/20  Eterna Therapeutics Inc.          8-K:1,2,5,7 9/18/20    9:777K                                   M2 Compliance LLC/FA
 8/14/20  Eterna Therapeutics Inc.          8-K:1,3,8,9 8/12/20    4:945K                                   M2 Compliance LLC/FA
 8/07/20  Eterna Therapeutics Inc.          10-Q        6/30/20   63:3.8M                                   M2 Compliance LLC/FA
 7/01/20  Eterna Therapeutics Inc.          8-K:1,9     6/25/20    2:64K                                    M2 Compliance LLC/FA
 6/02/20  Eterna Therapeutics Inc.          8-K:5,9     5/27/20    4:201K                                   M2 Compliance LLC/FA
 4/21/20  Eterna Therapeutics Inc.          8-K:1,2,8,9 4/18/20    3:1M                                     M2 Compliance LLC/FA
 3/30/20  Eterna Therapeutics Inc.          8-K:3,5,8,9 3/27/20    3:96K                                    M2 Compliance LLC/FA
 3/19/20  Eterna Therapeutics Inc.          10-K       12/31/19   84:5.7M                                   M2 Compliance LLC/FA
 3/17/20  Eterna Therapeutics Inc.          8-K:1,2,9   3/12/20    3:213K                                   M2 Compliance LLC/FA
 1/15/20  Eterna Therapeutics Inc.          8-K:1,5,7,9 1/13/20    5:654K                                   M2 Compliance LLC/FA
 9/17/19  Eterna Therapeutics Inc.          8-K:5,9     9/17/19    6:383K                                   M2 Compliance LLC/FA
 6/14/19  Eterna Therapeutics Inc.          S-8         6/14/19    8:531K                                   M2 Compliance LLC/FA
 4/26/19  Eterna Therapeutics Inc.          DEF 14A     4/26/19    1:999K                                   M2 Compliance LLC/FA
 3/22/19  Eterna Therapeutics Inc.          10-K       12/31/18   78:4.9M                                   M2 Compliance LLC/FA
 3/20/19  Eterna Therapeutics Inc.          8-K:2,5,9   3/19/19    3:381K                                   M2 Compliance LLC/FA
12/07/18  Eterna Therapeutics Inc.          8-K:5,8,9  12/06/18    3:186K                                   M2 Compliance LLC/FA
11/09/18  Eterna Therapeutics Inc.          10-Q        9/30/18   46:16M                                    M2 Compliance LLC/FA
10/01/18  Eterna Therapeutics Inc.          8-K:1,2,9   9/28/18    2:411K                                   M2 Compliance LLC/FA
 8/06/18  Eterna Therapeutics Inc.          10-Q        6/30/18   41:1.7M                                   M2 Compliance LLC/FA
 5/11/18  Eterna Therapeutics Inc.          10-Q        3/31/18   42:1.7M                                   M2 Compliance LLC/FA
 6/09/17  Eterna Therapeutics Inc.          8-K:5,9     6/08/17    2:65K                                    M2 Compliance LLC/FA
 4/12/17  Eterna Therapeutics Inc.          8-K:5,9     4/10/17    2:37K                                    M2 Compliance LLC/FA
 6/17/16  Eterna Therapeutics Inc.          8-K:5,8,9   6/16/16    3:1.1M                                   M2 Compliance LLC/FA
 4/24/15  Eterna Therapeutics Inc.          DEF 14A     6/05/15    1:963K                                   Publicease Inc./FA
11/07/14  Eterna Therapeutics Inc.          10-Q        9/30/14   56:2.1M                                   Publicease Inc./FA
 8/14/13  Brooklyn ImmunoTherapeutics, Inc. 10-Q        6/30/13   88:2.4M                                   Publicease Inc./FA
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