Deed of Gift

EX-10.1 2 ex10-1.htm


Exhibit 10.1




I, KINGRICH LEE of Flat A, 23/F, Tower 3, Florient Rise, 38 Cherry Street, Kowloon, Hong Kong (“Donor”), hereby irrevocably and unconditionally give, transfer and assign, by way of gift, without limitation or restriction, to LUCKWEL PHARMACEUTICALS INC., 125 Cambridge Park Drive,Suite 301,Cambridge, MA 02140, its successors and assigns (the “Donee”) all of my right, title and interest in, arising from and to the following drug programs:


  Program Code Patent No. Filing Date Description
  LWEL-2101 63/086,205 Oct 5, 2020 Rapid Disintegrating dosage form comprising Fosamprenavir
  LWEL-2102 63/134,881 Jan 7, 2021 Rapid Distrintegrating dosage form comprising Metformin Hydrochloride
  LWEL-2103 62/992,693 March 20,2020 Combination Therapy for treating Covid-19
  (collectively, the “Drug Programs”)    


Affirmation of Title. I affirm that a) I am the sole owner of the Drug Programs; b) I have good and complete right, title, and interest in and to the Drug Programs; and c) I have full authority to give, transfer and assign my right, title and interest in and to the Drug Programs; and d) the subject of this gift is free and clear of all encumbrances and restrictions; and e) to the best of my knowledge the Drug Programs have not been imported or exported into or from any country contrary to its laws.


Documentation Relating to the Drug Programs. In addition, I agree to transfer to the Donee documentation, and share with the Donee all information, which I have, if any, relating to the Drug Programs.


This Deed of Gift shall be governed by the laws of the State of New York.


IN WITNESS WHEREOF, I, intending to be legally bound hereby, have executed this Deed of Gift this 5th day of February, 2021.


/s/ Kingrich Lee   Kingrich Lee
Donor’s Signature   Printed Name


LUCKWEL PHARMACEUTICALS INC. hereby accepts the above Gift this ___ day of February, 2021 and affirms that no goods or services were provided by the Donee in consideration for this gift.


By:  /s/ Kingrich Lee  
  Kingrich Lee, Chief Executive Officer