Pursuant to the Option Amendment, the Company and Lonza agreed that notwithstanding the provision for the extension of the option period to February 28, 2015 upon payment of additional $400,000 and to March 31, 2015 upon payment of additional $300,000 of consideration, the Option Agreement shall terminated as of February 23, 2015 if the Company and Lonza do not execute a Settlement Agreement and Dismissal of Litigation agreement by February 23, 2015.