9.11 Waiver of Jury Trial. Each Party hereby irrevocably and unconditionally waives any right it may have to a trial by
jury in respect of any litigation directly or indirectly arising out of or relating to this Agreement and any of the agreements
delivered in connection herewith or the Merger and the other Transactions contemplated hereby or thereby. Each Party certifies
and acknowledges that (a) no representative, agent or attorney of any other Party has represented, expressly or otherwise, that
such other Party would not, in the event of litigation, seek to enforce either of such waivers, (b) it understands and has considered
the implications of such waivers, (c) it makes such waivers voluntarily and (d) it has been induced to enter into this Agreement
by, among other things, the mutual waivers and certifications in this Section 9.11.
9.12 Assignment. This Agreement will not be assigned by any of the Parties (whether by operation of Law or otherwise) without
the prior written consent of the other Parties, except that Merger Sub may assign, in its sole discretion and without the consent
of any other Party, any or all of its rights, interests and obligations hereunder to (1) BioTime or (2) a wholly owned Subsidiary
of BioTime; provided that no such assignment will relieve BioTime or Merger Sub of any obligation or liability under this
Agreement. Subject to the preceding sentence, but without relieving any Party of any obligation hereunder, this Agreement will
be binding upon, inure to the benefit of and be enforceable by the Parties and their respective successors and assigns.
9.13 Enforcement; Remedies.
Except as otherwise expressly provided herein, any and all remedies herein expressly conferred upon a Party will be deemed cumulative
with and not exclusive of any other remedy conferred hereby, or by Law or equity upon such Party, and the exercise by a Party
of any one remedy will not preclude the exercise of any other remedy.
The Parties agree that irreparable injury will occur in the event that any of the provisions of this Agreement is not performed
in accordance with its specific terms or is otherwise breached. It is agreed that prior to the valid termination of this Agreement
pursuant to Article VIII, each Party will be entitled to an injunction or injunctions to prevent or remedy any breaches
or threatened breaches of this Agreement by any other Party, to a decree or Order of specific performance to specifically enforce
the terms and provisions of this Agreement and to any further equitable relief.
The Parties’ rights in this Section 9.13 are an integral part of the Transactions and each Party hereby waives any
objections to any remedy referred to in this Section 9.13 (including any objection on the basis that there is an adequate
remedy at Law or that an award of such remedy is not an appropriate remedy for any reason at Law or equity). For purposes of clarity,
each Party agrees that there is not an adequate remedy at Law for a breach of this Agreement by any Party. In the event any Party
seeks any remedy referred to in this Section 9.13, such Party will not be required to obtain, furnish, post or provide
any bond or other security in connection with or as a condition to obtaining any such remedy.
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