license agreement this license agreement ( “ agreement ” ) dated this 1st day of may 2014, by and between flex pharma, inc., a massachusetts corporation, with an office at 800 boylston street, 24th floor, boston, massachusetts 02199 ( hereinafter “ flex ” ) and eclds, llc, a limited liability company with an office located at two international place, floor 23, boston, massachusetts 02110 ( hereinafter “ eclds ” ) : 1. flex hereby grants a license to eclds to use and occupy approximately 2, 647 square feet of office space on the twenty fourth floor of the building located at 800 boylston street, boston, massachusetts, together with the right to utilize in common with others, for ingress and egress, the following areas : the back corridor, it room and kitchen ( collectively, the “ common areas ” ), along with six cubicles and six offices, which space is more particularly shown on schedule a attached hereto and incorporated herein. 2. under the terms of this agreement, eclds will be responsible for the cost of any computer hardware, software upgrades or maintenance to equipment owned by eclds. in addition, eclds will be responsible for any computer and telephone related costs resulting from the move of eclds to 800 boylston street. costs may include but not be limited to wiring of the office to accommodate eclds ’ phone and fax needs, telephone programming to add new numbers and mailboxes, and consultant cost to install eclds technology. 3. the term of this agreement shall be three ( 3 ) years and four ( 4 ) months commencing may 1, 2014 and, notwithstanding any earlier termination, expiring on or before august 30, 2017 ( “ initial term ” ). 4. beginning on august 1, 2014, eclds shall pay to flex, without notice or demand and without abatement, deduction or offset a license fee of $ 7, 721. 23 per month ( $ 35. 00 psf on 2, 647. 28 square feet ) by the 25th of the prior month at the office of flex or such other place as flex may designate. 5. an amount of $ 15, 442. 46 ( two months of license fees ) shall be deposited with flex at signing as security for eclds ’ compliance with this agreement. 6. both parties shall have