Massachusetts Life Sciences Center (MLSC) Life Sciences Accelerator Loan Program Solicitation No. 2013-ACC-1 Arch Therapeutics, Inc. Life Sciences Accelerator Funding Agreement MASSACHUSETTS LIFE SCIENCES CENTER LIFE SCIENCES ACCELERATOR FUNDING AGREEMENTLife Sciences Accelerator Funding Agreement • October 4th, 2013 • Arch Therapeutics, Inc. • Retail-auto & home supply stores • Massachusetts
Contract Type FiledOctober 4th, 2013 Company Industry JurisdictionThis Funding Agreement dated as of September 30, 2013 is entered into between the Massachusetts Life Sciences Center (“MLSC”), an independent public instrumentality of the Commonwealth of Massachusetts (the “Commonwealth”) established pursuant to Chapter 23I of the Massachusetts General Laws, and Arch Therapeutics, Inc. (“Recipient”), a Nevada corporation, having its principal office and place of business at One Broadway, 14th floor, Cambridge, MA 02142. This Funding Agreement incorporates by reference the Form of Promissory Note attached hereto as Exhibit A, the Form of Warrant attached hereto as Exhibit B, the Recipient’s Supplemental Information Form (“SIF”) attached hereto as Exhibit C, the Form of Officer’s Certificate attached hereto as Exhibit D, and the MLSC’s Policy and Procedures regarding Submission of “Confidential Information” attached hereto as Exhibit E (collectively, this Funding Agreement, the Form of Promissory Note, the Form of Warrant, the Recipient’s SIF, the Form