Redemption and Abandonment Agreement Sample Contracts
REDEMPTION AND ABANDONMENT AGREEMENTRedemption and Abandonment Agreement • February 27th, 2025 • Avalon GloboCare Corp. • Biological products, (no disgnostic substances) • Delaware
This Redemption and Abandonment Agreement (this “Agreement”), dated to be effective as of February 26, 2025 (the “Effective Date”), is by and among Laboratory Services MSO LLC, a Delaware limited liability company (the “Company”), SCBC Holdings LLC, a Delaware limited liability company (“SCBC”), the Zoe Family Trust (the “Trust”), Bryan Cox and Sarah Cox (each an “Owner” and together with the Trust, the “Owners”), Avalon Laboratory Services, Inc., a Delaware corporation ( “Avalon Lab”) and Avalon GloboCare Corp., a Delaware corporation and the sole parent entity of Avalon Lab (“Parent”). The Company, SCBC, and Owners, may sometimes be referred to in this Agreement as the “Company Parties”. Avalon Lab and Parent may sometimes be referred to in this Agreement as the “Avalon Parties”. The Company Parties and Avalon Parties may sometimes be referred to in this Agreement individually as a “Party” and, collectively, as the “Parties”.