1. Within thirty (30) days from the date of transmittal of this Final Award to the parties, Michael Gardner, hereinafter referred to as Respondent, shall pay to TapImmune, Inc., hereinafter referred to as Claimant, the sum of $196,204.00.
2. The administrative fees and expenses of the International Centre for Dispute Resolution (ICDR) totaling US$ 19,550.00 shall be borne equally by Claimant and Respondent, and the compensation and expenses of the arbitrator totaling US$ 33,984.00 shall be borne equally by Claimant and Respondent. Therefore, Respondent shall reimburse Claimant the sum of US$ 2,675.00, representing that portion of said fees and expenses in excess of the apportioned costs previously incurred by Claimant, upon demonstration by Claimant that these incurred costs have been paid.
3. This award is in full settlement of all claims and counterclaims submitted to this Arbitration. All claims not expressly granted herein are denied.