PRIVATE PLACEMENT ENGAGEMENT AGREEMENTPrivate Placement Engagement Agreement • May 8th, 2007 • Lixte Biotechnology Holdings, Inc. • Blank checks • California
This Private Placement Engagement Agreement (the “Agreement”) shall serve to set forth the terms and conditions by which WestPark Capital, Inc. (“WestPark”) will provide financial advisory and other professional services to Lixte, Inc., its subsidiaries and/or affiliates (the “Company”). WestPark will act as the Company’s Exclusive Placement Agent and assist it in a private offering of its securities (the “Offering”) on a “best-efforts” basis pursuant to the terms and conditions as set forth herein. This Private Placement Agreement will be concurrently effective with a separate Engagement (“RTO Agreement”) which governs the structure, scope, and size of the Reverse Merger/Reverse Takeover Transaction.
