AGREEMENT EXCHANGING LEASE GUARANTIESLease Guaranty Exchange Agreement • May 29th, 2007 • CardioVascular BioTherapeutics, Inc. • Pharmaceutical preparations
This AGREEMENT EXCHANGING LEASE GUARANTIES (“Agreement”) is made this 23rd day of May, 2007, by and among (i) CANTA RANA RANCH, L.P., a California limited liability partnership (“Landlord”); (ii) PHAGE BIOTECHNOLOGY CORPORATION, a Delaware corporation (“Tenant”); (iii) CARDIOVASCULAR BIOTHERAPEUTICS, INC., a Delaware corporation (“Old Guarantor”); and (iv) SERGIY BURYAK (“New Guarantor”); and is based on the following facts:
