AMENDED AND RESTATED ADMINISTRATIVE SERVICES,
FINANCIAL MANAGEMENT AND OFFICE SHARING AGREEMENT
This AMENDED AND RESTATED ADMINISTRATIVE SERVICES, FINANCIAL MANAGEMENT
AND OFFICE SHARING AGREEMENT (this "Agreement"), dated as of May __, 2001 and effective as of
July 1, 2001 (the "Effective Date"), is entered into by and among HELIX BIOMEDIX, INC., a Delaware
corporation ("Helix"), and BEATTY FINANCE, INC., a Louisiana corporation ("BFI").
PRELIMINARY RECITALS
WHEREAS, Helix and BFI entered into an administrative Services, Financial Management and Office Sharing
Agreement on November 1, 1999 (the "Prior Agreement"), containing provisions relating to the services to be
provided to Helix by BFI and the compensation to be paid by Helix to BFI; and
WHEREAS, Helix and BFI desire to amend and restate the terms governing the relationship between the parties;
and
WHEREAS, Helix has, pursuant to the Prior Agreement, relied upon BFI for certain administrative services and
has maintained its corporate office at the offices of BFI; and
WHEREAS, Helix intends to move its corporate office to the Seattle, Washington metropolitan area on or before
September 30, 2001;
NOW THEREFORE, in consideration of the premises, the mutual covenants of the parties hereinafter set forth
and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto agree as follows:
1. Novation.
The Prior Agreement is hereby extinguished and replaced in its entirety by this Agreement.
2. Administrative Services and Financial Management.
During the term of this Agreement, BFI agrees to perform general administrative and clerical services for Helix,
including (i) maintaining the primary telephone and facsimile lines for Helix and answering the telephone during
regular business hours; (ii) greeting guests and business associates of Helix; (iii) opening and routing incoming mail
and faxes; and (iv) all similar administrative and clerical functions designated by Board