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hoffmann6383

03/03/22 1:06 PM

#448271 RE: exwannabe #448268

Just because you did not bother to read the lease does not mean I did not.



Two things:

1. You read the lease? Can you please share a copy of the lease with this board?

2. He is talking about the contract for manufacturing. This has been very clear from this thread, but for some reason you keep bringing the conversation back to the lease. There are at least two contracts between NWBO and Advent. They are the lease and the contract for manufacturing. Your comments have completely ignored the contract for manufacturing and that is why I believe your prior few posts have been inaccurate. As I have already asked, please share any terms of the contract manufacturing agreement you have seen as you insinuate you know the terms of said agreement.

Thanks Ex.
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FeMike

03/03/22 1:39 PM

#448285 RE: exwannabe #448268

Just because you did not bother to read the lease does not mean I did not.



I've read the lease and the sub-lease.

NWBO absolutely has the right to go into the sublet areas. Granted, they technically need to give 15 days notice, but they still have that right.

As far as other contracts, Advent is committed to provide specials until at least Dec '22. If you want to call that 'a few more months' so be it. However I believe notice of suspension/termination of specials production would be material and therefore we'd find out almost immediately (certainly in a 10-Q) whether such action had been filed. Therefore, you can just say that Advent is committed to provide specials for the next year on a day to day roll.

Also, your big assertion has been that Advent is just going to run their own business out of Sawston and basically cut NWBO off. Now we don't know the nitty-gritty details of this arrangement, but we do know that everything developed thus far has been paid for by NWBO at a cost plus 15 rate. Unless NWBO is just absolutely the worst subcontract negotiator in history, Advent is going to have to clear their activities with NWBO and pay them for use of the equipment, not just the subleased space. At an absolute minimum. It could be (likely is) the case that NWBO will receive the revenue for all products that Advent produce at Sawston. The ancillary services agreement states that Advent will submit SOW's to NWBO for such work and NWBO will approve and pay for it (also at cost + 15%). Now why would NWBO being paying Advent to build out the facility and make other compassionate use products just so Advent can turn around and sell those products for their own revenue?