THERMOGENESIS HOLDINGS, INC. : Entering into a Material Definitive Agreement (Form 8-K)
Item 1.01. Conclusion of a significant definitive agreement.
Technology Access and License Agreement
At
Pursuant to the Boyalife License Agreement, Boyalife Genomics has granted the Company and its subsidiaries and affiliates an exclusive perpetual license to
patent rights (if any) relating to cell manufacturing and related processes. Notwithstanding the foregoing exclusivity, Boyalife Genomics reserves the right to use (but not license) the Licensed Intellectual Property in the
patents and 5.0% of other products and services covered by licensed intellectual property. The royalty will be payable on each licensed product or service for a period of 10 years from the first commercial sale of the product or service (or if patented, until the expiration of the applicable licensed patent(s) ), and the license will be royalty-free thereafter on that licensed product or service. In return for the license, the Company transferred to Boyalife Genomics all of the Company’s 8.63% minority interest in
Rental of CDMO facilities
Also on
(“Lessor”) for a facility that we intend to host our planned CDMO activities (the “CDMO Facility Lease”). CDMO’s facility lease provides for approximately 35,475 square feet of space in the
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The description of the CDMO Facility License and Lease Agreement set forth above is necessarily incomplete and is qualified by reference to the full text of such agreements, which are attached to this Form 8-K as Exhibit 10.1 and 10.2, respectively, and which are incorporated herein by reference.
Section 9.01. Financial statements and supporting documents.
(d) Exhibits
Exhibit No. Description 10.1 License and Technology Access Agreement, datedMarch 24, 2022 , betweenThermoGenesis Holdings, Inc. andBoyaife Genomics Tianjin Ltd. 10.2 Lease Agreement, datedMarch 24 , 20222, betweenThermoGenesis Holdings, Inc. andZ3 Investment LLC . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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