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03/26/14 8:32 AM

#97791 RE: JPetroInc #97787

On October 20, 2013 the Company entered into a one year lease agreement with QB3 Incubator Partners, LP to rent office and lab facilities for $1,950 per month with the option to rent month to month thereafter. The facility is located at 953 Indiana Street, San Francisco, CA.

Per 10Q Nov 14.2013