Binding Term Sheet Sample Contracts

BINDING TERM SHEET
Binding Term Sheet • May 6th, 2020 • Windtree Therapeutics Inc /De/ • Biological products, (no disgnostic substances) • London

THIS BINDING TERM SHEET (this “Term Sheet”) is entered into on March 18, 2020 (the “Effective Date”), by and between LEE’S PHARMACEUTICAL (HK) LTD. (“LP”), and WINDTREE THERAPEUTICS, INC., a Delaware corporation (“WINT”), as follows:

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BINDING TERM SHEET
Binding Term Sheet • November 10th, 2009 • Advanced Life Sciences Holdings, Inc. • Biological products, (no disgnostic substances)

This binding term sheet is entered into as of this 30th day of September, 2009 by and between Advanced Life Sciences Holdings, Inc., a Delaware corporation (“ADLS”) and Abbott Laboratories, an Illinois corporation (“Abbott”).

CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) IS THE TYPE THAT THE COMPANY TREATS AS PRIVATE OR CONFIDENTIAL. THE REDACTED TERMS HAVE BEEN MARKED WITH THREE ASTERISKS [***] PRIVILEGED...
Binding Term Sheet • July 29th, 2022 • First Wave BioPharma, Inc. • Pharmaceutical preparations

This Binding Term Sheet (this “Term Sheet”) is entered into as of July 29, 2022 (the “Term Sheet Date”), by and between First Wave BioPharma, Inc. (the “Company”) and Fortis Advisors LLC, in its capacity as the hired representative and for the benefit of the former stockholders of First Wave Bio, Inc. (in such capacity, “Fortis”).

BINDING TERM SHEET Dated as of October 26, 2012 (the “Effective Date”) Proprietary and Confidential
Binding Term Sheet • June 25th, 2013 • SFX Entertainment, INC • Services-amusement & recreation services

Information provided in this term sheet (this “Term Sheet”) is considered “Confidential Information” as defined in the Mutual Confidentiality and Non-Circumvention Agreement, dated as of October [***],2012 (the “Confidentiality Agreement”). By receiving this Term Sheet and any other information related to the Transactions, each of SFX Holding Corporation (“SFX”) and ID&T Holding B.V. (“ID&T” and, collectively with SFX, the “Parties”) agrees keep this information confidential and not disclose the information to any third party, other than such Party’s representatives that will help such Party evaluate the Transactions, without the written consent of the other Party, and each Party agrees that such Party will safeguard the information with the same degree of care that such Party safeguards such Party’s own confidential information, but in any event with no less than reasonable care. Each Party will not use the information in any manner (other than for purposes of evaluating whether to en

COOPERATION AND SUPPORT BINDING TERM SHEET
Binding Term Sheet • January 26th, 2023 • Barnwell Industries Inc • Crude petroleum & natural gas • Delaware

This Cooperation and Support Binding Term Sheet (this “Term Sheet”) is made and entered into as of January 21, 2023 (the “Signing Date”), by and among, Alexander C. Kinzler (“AK”), MRMP-Managers LLC, the Ned L. Sherwood Revocable Trust, NLS Advisory Group, Inc. and Ned L. Sherwood (collectively, the “MRMP Stockholders,” and each, a “MRMP Stockholder”). AK and the MRMP Stockholders are collectively referred to as the “Parties,” and AK and each of the MRMP Stockholders, a “Party.” As of the Signing Date, the provisions of this Term Sheet will be binding upon the Parties.

BINDING TERM SHEET
Binding Term Sheet • May 1st, 2014 • Alphatec Holdings, Inc. • Surgical & medical instruments & apparatus • New York
AMENDMENT TO BINDING TERM SHEET
Binding Term Sheet • October 9th, 2020 • Bullfrog Gold Corp. • Metal mining • Ontario

This amending agreement (the “Amendment”) amends the binding term sheet (the “Term Sheet”) dated as of September 7, 2020 between Homestake Mining Company of California (“Homestake”), Lac Minerals (USA) LLC (“Lac Minerals”), Augusta Investments Inc. (“Augusta”) and Bullfrog Gold Corp. (“BFGC”, and together with Homestake, Lac Minerals and Augusta, the “Parties”), pursuant to which the Parties agreed to enter into an integrated transaction involving: (i) the purchase by BFGC of all of the Equity Interests in Bullfrog Mines LLC; and (ii) a concurrent financing in which the Augusta Group agreed to acquire Units of BFGC. The Parties agreed to amend the Term Sheet as follows:

BINDING TERM SHEET
Binding Term Sheet • April 19th, 2022 • Axim Biotechnologies, Inc. • Pharmaceutical preparations • California

This BINDING TERM SHEET (the "Agreement"), dated as of July 29, 2021, is entered into by and between AXIM Biotechnologies Inc., ("AXIM"), a Nevada Corporation, and Advanced Tear Diagnostics, LLC., a Delaware Limited Liability Company ("ATD") .

BINDING TERM SHEET Dated March 12, 2019
Binding Term Sheet • March 14th, 2019 • FirstService Corp • Real estate

The following term sheet outlines the key commercial terms forming the basis of a binding agreement (the “Transaction”) between FirstService Corporation (the “Company”) Henset Capital Inc. (“Henset”), Jayset Management FSV Inc. (“Jayset”) and Jayset Capital Corp. (“Jayset Capital”) pursuant to which the Restated Management Services Agreement dated June 1, 2015, as amended (the “MSA”), between FSV Holdco ULC (now the Company), Jayset and Jay S. Hennick (“Hennick” and, together with Jayset, the “Hennick Group”), including Article 4 thereunder, will be terminated for nil consideration and the dual class voting structure of the Company will be eliminated, subject to terms hereof.

BINDING TERM SHEET
Binding Term Sheet • April 30th, 2021 • To the Stars Academy of Arts & Science Inc. • Services-allied to motion picture production

This Binding Term Sheet is entered into by and among Thomas Delonge (“Tom”), To The Stars Academy of Arts and Sciences Inc., a Delaware corporation (“TISA”), and TISA’s wholly owned subsidiary, To The Stars, Inc., a California corporation (“TISI”). Tom, TISA and TISI are each referred to individually as a “Party” and collectively as the “Parties.” Unless and until replaced and superseded by one or more agreements among the Parties, this Term Sheet is legally binding and constitutes the entire understanding of the Parties with respect to the subject matter hereof and may be amended or modified only in writing signed by the Parties.

BINDING TERM SHEET
Binding Term Sheet • February 7th, 2020 • Power Integrations Inc • Semiconductors & related devices

This Term Sheet is entered into between Power Integrations, Inc. and its affiliates (collectively, "PI") and ON Semiconductor Corporation and Semiconductor Components Industries, LLC and their affiliates (collectively "ON"). PI and ON are also referred to below individually as a "party" and collectively as the "parties."

Binding Term Sheet
Binding Term Sheet • August 3rd, 2021 • Brownie's Marine Group, Inc • Sporting & athletic goods, nec

This Term Sheet (this “Term Sheet”) represents the binding intention of Brownie’s Marine Group, Inc. (the “Buyer”) to acquire all of the equity interests of Submersible Systems, LLC (the “Company”) from its two equity owners (the “Sellers”). Upon execution and delivery of this Term Sheet, the parties agree to mutually negotiate, execute and deliver a merger agreement (the “Merger Agreement”) containing the terms and provisions provided below, including representations, warranties and indemnities customary for a transaction of this nature, and the ancillary agreements incorporating the other terms hereof. The parties intend that the merger (“Merger”) qualify as a “reorganization” under Section 368(a) of the Internal Revenue Code of 1986, as amended.

BINDING TERM SHEET
Binding Term Sheet • April 24th, 2017 • First Foods Group, Inc. • Services-motion picture & video tape production

THIS BINDING TERM SHEET (hereinafter referred to as this “Term Sheet”) is entered into as of this day 21st of April, 2017, by and among FIRST FOODS GROUP, INC., a Nevada corporation (the “Company” or “FIFG”), with offices at 720 Monroe Street, Suite E210, Hoboken, NJ 07030, and ODED BRENNER (“Brenner”), upon the following terms and conditions:

BINDING TERM SHEET
Binding Term Sheet • March 23rd, 2017 • United Cannabis Corp • Pharmaceutical preparations
BINDING TERM SHEET Dated as of October 26, 2012 (the “Effective Date”) Proprietary and Confidential
Binding Term Sheet • April 25th, 2013 • SFX Entertainment, INC • Services-amusement & recreation services

Information provided in this term sheet (this “Term Sheet”) is considered “Confidential Information” as defined in the Mutual Confidentiality and Non-Circumvention Agreement, dated as of October [***],2012 (the “Confidentiality Agreement”). By receiving this Term Sheet and any other information related to the Transactions, each of SFX Holding Corporation (“SFX”) and ID&T Holding B.V. (“ID&T” and, collectively with SFX, the “Parties”) agrees keep this information confidential and not disclose the information to any third party, other than such Party’s representatives that will help such Party evaluate the Transactions, without the written consent of the other Party, and each Party agrees that such Party will safeguard the information with the same degree of care that such Party safeguards such Party’s own confidential information, but in any event with no less than reasonable care. Each Party will not use the information in any manner (other than for purposes of evaluating whether to en

SECOND AMENDMENT TO BINDING TERM SHEET
Binding Term Sheet • October 9th, 2020 • Bullfrog Gold Corp. • Metal mining • Ontario

This second amending agreement (the “ Second Amendment”) amends the binding term sheet dated as of September 7, 2020, as amended on October 7, 2020 (as amended, the “Term Sheet”), between Homestake Mining Company of California (“Homestake”), Lac Minerals (USA) LLC (“Lac Minerals”), Augusta Investments Inc. (“Augusta”) and Bullfrog Gold Corp. (“BFGC”, and together with Homestake, Lac Minerals and Augusta, the “Parties”), pursuant to which the Parties agreed to enter into an integrated transaction involving: (i) the purchase by BFGC of all of the Equity Interests in Bullfrog Mines LLC; and (ii) a concurrent financing in which the Augusta Group agreed to acquire Units of BFGC. The Parties agreed to amend the Term Sheet as follows:

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