Item 1.01 Entry into a Material Definitive Agreement.
On
The Company may terminate the first work under the MSA on or after the second anniversary of the date of the MSA, subject to providing Factor with 120 days' prior notice. Factor may terminate such work order only on and after the fourth anniversary of the date of the MSA, subject to providing the Company with 120 days' prior notice. The MSA contains customary confidentiality provisions and representations and warranties of the parties, and the MSA may be terminated by ether party upon 30 days' prior notice, subject to any superseding termination provisions contained in a particular work order.
In connection with entering into the MSA, Factor's subsidiary,
The foregoing description of the MSA is only a summary and is qualified in its entirety by reference to the full text of the MSA, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference in this Item 1.01.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. Exhibit Description Number 10.1 Master Services Agreement, datedSeptember 9, 2022 , by and betweenFactor Bioscience Inc. andBrooklyn ImmunoTherapeutics, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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