Item 1.01 Entry into a Material Definitive Agreement
On
1) Zander shall return for cancellation 194,285,714 shares of the Series A
Preferred stock of Regen ("Conversion Shares") acquired by Zander through
conversion of
2) A
3)
No actions were taken by any of the parties to enforce the terms of the Agreement.
On
a) Zander shall not return the Conversion shares for cancellation and the
principal indebtedness of the aforementioned convertible note shall not
reflect such return
b) As of
Zander on that date resulting from Promissory Notes issued by Regen to Zander shall be credited towards amounts due by Zander pursuant to that agreement, as amended, entered into by and between Zander and Regen onJune 23, 2015 ("License Agreement") whereby Regen granted to Zander an exclusive worldwide right and license for the development and commercialization of certain intellectual property controlled by Regen for non-human veterinary therapeutic use for a term of fifteen years and that License Assignment And Consent agreement entered into by and between Regen, KCL and Zander onDecember 17, 2018 whereby Regen transferred and assigned to KCL all rights, duties, and obligations of Regen under the License Agreement and KCL agreed to assume such duties and obligations thereunder and be bound to the terms of the License Agreement with respect thereto.
The foregoing description of the abovementioned Agreement is not complete and is
qualified in its entirety by reference to the text of the abovementioned
agreement , which is attached to this Current Report on Form 8-K as Exhibit 10.1
and incorporated in this Item 1.01 by reference. Regen, KCL and Zander are under
common control.
Item 9.01 Exhibits.
Exhibit No. Description of Exhibit 10.1 AMENDMENT 2
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