THE UNIVERSITY OF MICHIGANOption Agreement • November 21st, 2017
This proposed option agreement (“Agreement”) falls under the State of Michigan Conflict of Interest Statute because Professor Zetian Mi is both an employee of the University of Michigan (“University”) and a partial owner of NS Nanotech, Inc. The law permits such an Agreement provided it is disclosed to the Board of Regents (“Regents”) of the University of Michigan and approved in advance by a 2/3 vote.