TERM SHEET AGREEMENT Dated October 12, 2011 Between TREE TOP INDUSTRIES, INC. A corporation duly formed in the State of Nevada, through its wholly owned subsidiary GoHealth.MD, Inc., a Delaware corporation and ADESSO BIOSCIENCES LIMITED A corporation...Term Sheet Agreement • October 18th, 2011 • Tree Top Industries, Inc. • Services-computer programming, data processing, etc.
THIS TERM SHEET AGREEMENT (the “Agreement”), dated as of October 12, 2011, is between, GoHealth.MD, Inc. (“GoHealth”), a wholly owned subsidiary of Tree Top Industries, Inc. (“Tree Top”) a Nevada corporation, having offices at 511 Sixth Avenue, Suite 800, New York, NY 10011, and Adesso Biosciences Limited, a Cayman Islands corporation having an official address at P.O. Box 709, Grand Cayman KY1-1107, Cayman Islands. Adesso Biosciences Limited is the majority owner of Adesso Diagnostics, Ltd. (“Adesso ”) and a 47.5% owner of Adeda Therapeutics Company, Ltd. (“Adeda”), which companies are being acquired by GoHealth through this term sheet agreement as described in point A. This Agreement is subject to the approval of Tree Top’s board of directors, GoHealth’s board of directors, and the approval of Adesso Biosciences Limited’s board of directors.
