Termination Notice of License Term Sheet Agreement between Qrons Inc. and Professors Sredni, Albeck, Adv. Isachar, and Adv. Levy
Qrons Inc. has formally notified Professors Benjamin Sredni, Michael Albeck, Adv. Avichai Isachar, and Adv. Hananel Levy that the License Term Sheet Agreement dated July 17, 2023, is terminated as of October 28, 2024. The notice also ends their memberships on Qrons Inc.'s Scientific and Business Advisory Boards. This action is taken in accordance with the agreement's terms, and no further obligations under the agreement or board memberships remain for the recipients.
EXHIBIT 10.38
October 28, 2024
VIA EMAIL DELIVERY:
Professor Benjamin Sredni
Professor Michael Albeck
Adv. Avichai Isachar
Adv. Hananel Levy
Re: License term Sheet Agreement effective July 17, 2023 ( the “Agreement”)
Gentlemen:
Pursuant to Paragraph 12 of the above captioned Agreement, Notice is hereby given that the Agreement is terminated.
In addition, your memberships in the Scientific Advisory and/or Business Advisory Boards are also terminated.
We wish you success in your future endeavors,
Very truly yours,
Qrons Inc.
| /s/ Jonah Meer |
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| By Jonah Meer |
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| Chief Executive Officer |
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Cc: Dr. Ido Merfeld
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| Qrons Inc. | 28-10 Jackson Avenue, #26N, Long Island City, NY 11101 | 212 ###-###-#### | ***@*** | qrons.com |
