Quantum Materials Corp. (fka QTMM)

[drugmanrx]

Royalties regardless of sales, per

https://www.sec.gov/Archives/edgar/data/1403570/000149315219002055/ex10-1.htm

Annual Minimum Royalties



Annual minimum royalties will commence on January 15, 2021 and will be as follows:



January 15th , 2021 Minimum royalty = $[**Confidential Treatment Requested]

January 15th , 2022 Minimum royalty = $[**Confidential Treatment Requested]

January 15th , 2023 Minimum royalty = $[**Confidential Treatment Requested]

January 15th , 2024 Minimum royalty = $[**Confidential Treatment Requested]

January 15th , 2025 Minimum royalty = $[**Confidential Treatment Requested]



Since robust sales are anticipated from 2025 forward annual minimum royalties will likely no longer be relevant. In the event this is not the case annual minimum royalties of $[**Confidential Treatment Requested] will be used as default to perpetuity.