Online Office Agreement between Regus Management Group, LLC and S1 Biopharma (April 29, 2014)
This agreement is between Regus Management Group, LLC (the Provider) and S1 Biopharma (the Client) for the use of an office at Columbia Town Center, Maryland, from May 12, 2014, to January 31, 2015. S1 Biopharma will pay a monthly fee, with certain months and setup fees waived as incentives. The agreement includes binding arbitration for disputes and cannot be terminated early except as specified. Both parties agree to the terms and conditions, including a class action waiver.
EXHIBIT 10.11
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| Online Office Agreement |
| Agreement Date : April 29, 2014 | Confirmation No: 5537375 | |||||||||
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| Business Center Details | Client Details | |||||||||
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| MD, Columbia - Columbia Town Center | Company Name | S1 Biopharma | ||||||||
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| Address | “*Opening Soon” 10320 Little Patuxent Parkway Suite 200 Columbia MARYLAND 21044 United States of America | Contact Name | John Kaufmann | |||||||
| Address | 1 Independence Way Suite 102 Jersey City New Jersey 07305 United States of America | |||||||||
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| Sales Manager | Monica Weiner |
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| Phone | + () 1 ###-###-#### | ||||||||
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| Office Payment Details (exc. tax and exc. services) | ||||||||||
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| Office Number | Number of people | Price per Office | ||||||||
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| 217 | 1 | $ 2,774.00 | ||||||||
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| Initial Payment: | First month’s fee: | $0.00 | ||||||||
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| Service Retainer: | $ 5,548.00 | ||||||||
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| $ 5,548.00 | |||||||||
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| Service Provision: | Start Date | May 12,2014 | End Date | January 31,2015 | ||||||
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| All agreements end on the last calendar day of the month. | ||||||||||
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| Comments: | ||||||||||
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| * 2 Months Free - Total Savings of $ 5,838.00 Customer will get the 1st, and 4th month office fee waived on the initial term. * Office Set Up Fees Waived - Total Savings of $ 75.00 Customer is not required to pay the standard set up fee for their office(s). * Service Bundle Set Up Fees Waived - Total Savings of $ 158.00 Customer is not required to pay the standard activation fees for phone and internet. | ||||||||||
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| Terms and Conditions | ||||||||||
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| We are Regus Management Group, LLC, the “Provider”. This Agreement incorporates our terms of business set out on our Terms and Conditions which you confirm you have read and understood. We both agree to comply with those terms and our obligations as set out in them. This agreement is binding from the agreement date and may not be terminated once it is made, except in accordance with its terms. Note that the Agreement does not come to an end automatically. See “Cancellation” section of your terms and conditions.
AGREEMENT TO ARBITRATE; CLASS ACTION WAIVER: Any dispute or claim relating in any way to this agreement shall be resolved by binding arbitration administered by the American Arbitration Association in accord with its Commercial Arbitration Rules (available at www.adr.org), except that you or the Provider may assert claims in small claims court and the Client and the Provider may pursue court actions to remove you, or prevent | ||||||||||
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| your removal, from the Center if you do not leave when this agreement terminates. The arbitrator shall have exclusive authority to resolve any dispute relating to the interpretation, applicability, enforceability, or formation of this agreement. The arbitrator shall not conduct arbitration as a class or representative action. The Client and the Provider acknowledge that this agreement is a transaction in interstate commerce governed by the Federal Arbitration Act. The Client and the Provider agree to waive any right to pursue any dispute relating to this agreement in any class, private attorney general, or other representative action. | |||
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| I accept the terms and conditions | |||
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| Confirm by typing your name in the box below | |||
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| Name: | /s/ John Kaufmann |
| on behalf of S1 Biopharma |
| Signed on | |||
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