0001144204-11-038631 Sample Contracts

GENERAL BUSINESS SECURITY AGREEMENT
General Business Security Agreement • July 1st, 2011 • Novelos Therapeutics, Inc. • Pharmaceutical preparations • Wisconsin

In consideration of any financial accommodation at any time granted by Wisconsin Department of Commerce (“Lender”) to Cellectar, Inc.(“Borrower”), each of the undersigned (“Debtor,” whether one or more) grants Lender a security interest in all equipment, fixtures, inventory, documents, general intangibles, accounts, deposit accounts (unless a security interest would render a nontaxable account taxable), contract rights, chattel paper, patents, trademarks and copyrights (and the good will associated with and registrations and licenses of any of them), instruments, letter of credit rights and investment property, now owned or hereafter acquired by Debtor (or by Debtor with spouse), and all additions and accessions to, all spare and repair parts, special tools, equipment and replacements for, software used in, all returned or repossessed goods the sale of which gave rise to and all proceeds, supporting obligations and products of the foregoing (“Collateral”), wherever located, to secure a

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LEASE
Lease Agreement • July 1st, 2011 • Novelos Therapeutics, Inc. • Pharmaceutical preparations • Wisconsin

THIS LEASE is entered into this 5th day of September, 2007, by and between McAllen Properties, LLC, hereinafter referred to as “Landlord” and Cellectar, LLC, hereinafter referred to as “Tenant.”

LICENSE AGREEMENT MICHIGAN FILE 290 and 1225
License Agreement • July 1st, 2011 • Novelos Therapeutics, Inc. • Pharmaceutical preparations • Michigan

This Agreement is effective as of the 4th day of September, 2003 (the "Effective Date"), between Cellectar, LLC, a Wisconsin limited liability company, with offices located at 505 South Rosa Road, Madison, Wisconsin ("LICENSEE"), and the Regents of the University of Michigan, a constitutional corporation of the State of Michigan ("MICHIGAN"). LICENSEE and MICHIGAN agree as follows:

LOAN AGREEMENT BETWEEN THE WISCONSIN DEPARTMENT OF COMMERCE AND CELLECTAR, INC.
Loan Agreement • July 1st, 2011 • Novelos Therapeutics, Inc. • Pharmaceutical preparations • Wisconsin

This Agreement is entered into by and between the Wisconsin Department of Commerce (“Department”) and Cellectar, Inc., (“Borrower”).

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