Common use of STORAGE OF THE STEM CELLS Clause in Contracts

STORAGE OF THE STEM CELLS. Netcells shall Store the Stem Cells according to set requirements as contained in Netcells Cord Blood and/or Cord Tissue Specification Sheets for the Storage Period. Netcells undertakes to contact the Client 40 (forty) to 60 (sixty) days prior to the expiration of the Storage Period, and the Client will have the option to elect to:- 8.2.1. continue storing the Stem Cells, in which case Netcells shall invoice the Client for the Storage thereof at its then current rates, which will be market related; or 8.2.2. terminate this Agreement in accordance with Clause 14.3. The Client (or Child obtaining the Age of Majority), in consultation with the Competent Person, may elect to retrieve the Stem Cells from Storage in accordance with Clause 9, as and when deemed necessary. Netcells shall be entitled to transfer the stored Stem Cells to an Authorised Organisation, Institution or Person in South Africa, internationally or relocate its own storage facility at any time after furnishing the Client with written notice thereof. In the unlikely event that Netcells ceases to continue trading for any reason, Netcells has contracted its obligations in terms hereof out to an independent Authorised Organisation, Institution or Person, who will ensure the ongoing storage of the Stem Cells in terms of this Agreement. Should the Client wish to retrieve the stored Stem Cells, the Client shall provide Netcells with a minimum of 30 (thirty) day’s written notice of the intended transplant date. The notice in terms of Clause 9.1 shall include details and contact numbers of the Competent Person and Authorised Organization, Institution or Person receiving the Stored Stem Cells and any such other information as may be required by Netcells to transfer the Stem Cells in a manner that ensures their integrity. In the case of Cord Blood, the Stem Cells are ready for use and will be transported in their frozen state to the place of transplant. The transplant centre may however require the Stem Cells to be washed and if this service is requested to be carried out by Netcells, there will be an additional charge for this service. The Stem Cells will then be transported in a non-frozen state to the place of transplant. In the event of additional technology being offered, these services will be charged for; Initial 3/6 9.4 9.5 9.6 9.7 9.8 10.3 In the case of Cord Tissue, additional laboratory work is required to thaw the cord tissue and isolate the Stem Cells from the ▇▇▇▇▇▇▇’▇ Jelly. Depending on the treatment required, the Mesenchymal Stem Cells will require additional expansion and other laboratory work in order to prepare the therapeutic required. This service is not currently provided by Netcells and the cost of this additional laboratory work will be for the Client’s own account. It must be noted that not all umbilical cords yield stem cells that can be cultured, due to patient biological variability. The Client shall provide Netcells with a signed authorisation within 7 (seven) days of the intended transplant date, by the transplant physician for release of the Stem Cells by Netcells. Netcells undertakes to release the Stem Cells timeously and to ensure timeous delivery to the transplant centre. Provided that the Stem Cells are used for transplant, there will be no cost for retrieval, however the cost of transport, testing and all related treatment costs of the Stem Cells will be for the Client’s own account. If the Stem Cells are retrieved for any other purpose, which is not transplant related, a retrieval fee will be applicable for the Client’s own account. If the Stem Cells are retrieved at any time prior to the paid-up Storage Period, the Client will be refunded the proportionate amount of unutilised Storage fees. The Client will be liable to settle the Processing Fee and utilised Storage Fee in full if the Stem Cells are retrieved before the expiration of any selected payment plan period. If the Stem Cells are retrieved and used by the Child or related sibling in a transplant during the first year of storage, a full refund of the Processing & Storage Fee will be given to the Client. The total cost of this service is set out in the Client Registration Form and which is to be paid by the Client as follows:- 10.1.1. the Registration Fee shall be payable by the Client to Netcells upon registration and prior to the delivery of the Netcells Collection Kit; 10.1.2. the Processing & Storage Fee shall be due and payable once the Client has received notification (meaning confirmation of Storage by Netcells together with issue of the Cord Blood and/ or Cord Tissue Test results certificate) of the Storage of the Stem Cells. Included in the Registration Fee in Clause 10.1.1 above, is the normal cost of a courier. Any additional or special courier charges (public holidays, outlying areas, express delivery) shall be pre-authorised and separately invoiced to the Client. Included in the Processing & Storage Fee in Clause 10.1.2 above, is the cost for the testing of Maternal Blood. Should the Maternal Blood not be collected at birth and couriered with the Cord Blood and/or Cord Tissue or should there be insufficient blood and additional Maternal Blood is required, the costs of withdrawing the Maternal Blood and couriering it (separately from the Cord Blood and/or Cord Tissue to the Netcells laboratory, will be for the Client’s own account. Where a pregnancy is assisted by surrogacy, the Maternal Blood will need to be collected from the Surrogate Mother.

STORAGE OF THE STEM CELLS. Netcells Next Biosciences shall Store the Stem Cells according to set requirements as contained in Netcells Next Biosciences Cord Blood and/or Cord Tissue Specification Sheets for the Storage Period. Netcells Next Biosciences undertakes to contact the Client 40 (forty) to 60 (sixty) days prior to the expiration of the Storage Period, and the Client will have the option to elect to:- 8.2.1. continue storing the Stem Cells, in which case Netcells Next Biosciences shall invoice the Client for the Storage thereof at its then current rates, which will be market related; or 8.2.2. terminate this Agreement in accordance with Clause 14.3. The Client (or Child obtaining the Age of Majority), in consultation with the Competent Person, may elect to retrieve the Stem Cells from Storage in accordance with Clause 9, as and when deemed necessary. Netcells Next Biosciences shall be entitled to transfer the stored Stem Cells to an Authorised Organisation, Institution or Person in South Africa, internationally or relocate its own storage facility at any time after furnishing the Client with written notice thereof. In the unlikely event that Netcells Next Biosciences ceases to continue trading for any reason, Netcells Next Biosciences has contracted its obligations in terms hereof out to an independent Authorised Organisation, Institution or Person, who will ensure the ongoing storage of the Stem Cells in terms of this Agreement. Should the Client wish to retrieve the stored Stem Cells, the Client shall provide Netcells Next Biosciences with a minimum of 30 (thirty) day’s written notice of the intended transplant date. The notice in terms of Clause 9.1 shall include details and contact numbers of the Competent Person and Authorised Organization, Institution or Person receiving the Stored Stem Cells and any such other information as may be required by Netcells Next Biosciences to transfer the Stem Cells in a manner that ensures their integrity. In the case of Cord Blood, the Stem Cells are ready for use and will be transported in their frozen state to the place of transplant. The transplant centre may however require the Stem Cells to be washed and if this service is requested to be carried out by NetcellsNext Biosciences, there will be an additional charge for this service. The Stem Cells will then be transported in a non-frozen state to the place of transplant. In the event of additional technology being offered, these services will be charged for; Initial 3/6 9.4 9.5 9.6 9.7 9.8 10.3 In the case of Cord Tissue, additional laboratory work is required to thaw the cord tissue and isolate the Stem Cells from the ▇▇▇▇▇▇▇’▇ Jelly. Depending on the treatment required, the Mesenchymal Stem Cells will require additional expansion and other laboratory work in order to prepare the therapeutic required. This service is not currently provided by Netcells Next Biosciences and the cost of this additional laboratory work will be for the Client’s own account. It must be noted that not all umbilical cords yield stem cells that can be cultured, due to patient biological variability. The Client shall provide Netcells Next Biosciences with a signed authorisation within 7 (seven) days of the intended transplant date, by the transplant physician for release of the Stem Cells by NetcellsNext Biosciences. Netcells Next Biosciences undertakes to release the Stem Cells timeously and to ensure timeous delivery to the transplant centre. Provided that the Stem Cells are used for transplant, there will be no cost for retrieval, however the cost of transport, testing and all related treatment costs of the Stem Cells will be for the Client’s own account. If the Stem Cells are retrieved for any other purpose, which is not transplant related, a retrieval fee will be applicable for the Client’s own account. If the Stem Cells are retrieved at any time prior to the paid-up Storage Period, the Client will be refunded the proportionate amount of unutilised Storage fees. The Client will be liable to settle the Processing Banking Fee and utilised Storage Fee in full if the Stem Cells are retrieved before the expiration of any selected payment plan period. If the Stem Cells are retrieved and used by the Child or related sibling in a transplant during the first year of storage, a full refund of the Processing Banking & Storage Fee will be given to the Client. The total cost of this service is set out in the Client Registration Form and which is to be paid by the Client as follows:- 10.1.1. the Registration Fee shall be payable by the Client to Netcells Next Biosciences upon registration and prior to the delivery of the Netcells Next Biosciences Collection Kit; 10.1.2. the Processing Banking & Storage Fee shall be due and payable once the Client has received notification (meaning confirmation of Storage by Netcells Next Biosciences together with issue of the Cord Blood and/ or Cord Tissue Test results certificate) of the Storage of the Stem Cells. Included in the Registration Fee in Clause 10.1.1 above, is the normal cost of a courier. Any additional or special courier charges (public holidays, outlying areas, express delivery) shall be pre-authorised and separately invoiced to the Client. Included in the Processing Banking & Storage Fee in Clause 10.1.2 above, is the cost for the testing of Maternal Blood. Should the Maternal Blood not be collected at birth and couriered with the Cord Blood and/or Cord Tissue or should there be insufficient blood and additional Maternal Blood is required, the costs of withdrawing the Maternal Blood and couriering it (separately from the Cord Blood and/or Cord Tissue to the Netcells Next Biosciences laboratory, will be for the Client’s own account. Where a pregnancy is assisted by surrogacy, the Maternal Blood will need to be collected from the Surrogate Mother.