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Re: None

Monday, 09/21/2020 1:25:59 PM

Monday, September 21, 2020 1:25:59 PM

Post# of 162833
Just in case, here you go

ASU Reference No. FP00026198
Sponsor Reference No.

This Sponsored Research Agreement (“Agreement”) is made and entered into by and between:
The Arizona Board of Regents for and on behalf of Arizona State University (“ASU”), an institution of higher learning established by the laws of the State of Arizona, having a place of business at 660 S. Mill Ave., Tempe, AZ 85281, and Halberd Corporation, a publicly traded company, having a place of business at P.O. Box 25, Jackson Center, PA 16133 (“Sponsor”).

Sponsor desires to fund research to be performed by ASU, as described in the scope of work attached hereto and incorporated herein as Exhibit A (the “Project”), and ASU desires to conduct
such research, the Project contemplated by this Agreement is of mutual interest to Sponsor and ASU and furthers the educational, scholarship and research objectives of ASU as a nonprofit,
tax-exempt, educational institution, and may benefit both Sponsor and ASU through the creation or discovery of new inventions.

Therefore, in reliance on the commitments and obligations set forth herein, and with the intention of being legally bound hereby, the parties agree as follows:

Effective Date. This Agreement will be effective as of the date of the last signature below.

Scope of Work. ASU will use all reasonable efforts to perform the services and deliver any reports or other items specified in Exhibit A.

Key Personnel. ASU will provide Dr. Qiang Chen, as Principal Investigator (“PI”) for work contemplated and performed under this Agreement.

Period of Performance. This Agreement will begin on 1 September 2020 and will terminate on 30 November 2022. This Agreement may be modified or extended at any time by mutual
written consent of both parties.

Compensation. Compensation will be on a fixed-price basis. Sponsor will pay ASU in an amount not to exceed $1,371,782 for ASU's services hereunder. Sponsor will remit not less than
$21,782 upon execution by both parties of this Agreement, which ASU may hold as a reserve.
The balance of the contract price due under this Agreement will be paid according to the following schedule:

etc. etc.

You can find the full contract on the Halberd Corp website