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EQUIPMENT LEASE AGREEMENT THIS EQUIPMENT LEASE AGREEMENT (this "Lease") is made as of the day of , 2014,by and between the SOUTH BEND REDEVELOPMENT COMMISSION ("Lessor"), organized and existing under Indiana Code 36-7-14, and F CUBED, LLC, an Indiana limited liability company("Lessee"),having an office located in South Bend, Indiana. RECITALS A. Lessor, the governing body of the City of South Bend, Indiana, Redevelopment District and the City of South Bend, Indiana, Department of Redevelopment, exists and operates under the provisions of Indiana Code Section 36-7-14, as amended from time to time(the "Act"). B. Lessor desires to foster redevelopment and economic development within the City of South Bend, Indiana(the "City"). C. Lessee is an emerging company engaged in the development of a technology created by the University of Notre Dame (the "University") for the rapid and direct detection of DNA to be utilized for identification of contaminated drinking water, medical diagnostics in retail medical clinics and homeland defense (the "Technology"). D. Lessee has operations presently located at 1441 N. Michigan Street, Suite 2000 in the City(the"South Bend Operations"). E. In order to more fully develop the Technology and expand its applications, Lessee requires the Equipment (as defined below), to be used in connection with the South Bend Operations. F. Lessee anticipates being located at Innovation Park or temporarily located elsewhere on University property but desires to locate at Ignition Park, a technology park under development in the City which is located in the Airport Economic Development Area. G. Lessor owns the Equipment (as defined below) described on the attached Schedule A. H. The Lessor and the Lessee have entered into an Economic Development Memorandum of Understanding (the "MOU"), pursuant to which the Lessor has agreed to provide for the acquisition and disposition of the Equipment, as defined below, pursuant to the Act in order to support the development of the Technology by the Lessee, and the Lessee has agreed to locate its South Bend Operations within the South Bend Rennaisance District or within the South Bend Airport Economic Development Area (together, the "Alternate Location") as set forth in the MOU. I. In connection with the foregoing, Lessee now desires to lease the Equipment from Lessor, and Lessor now desires to lease the Equipment to Lessee, upon the terms and subject to the conditions set forth in this Lease. BDDB01 9491441v5