PARENT GUARANTEE
Exhibit 10.2
Groupe Novasep SAS hereby absolutely and irrevocably guarantees to Inspire the prompt and full performance, as and when the same become due or performable, of all obligations, duties and liabilities of Finorga S.A.S. under the terms of the API Commercial Supply Agreement (Denufosol) between Inspire Pharmaceuticals, Inc. and Finorga S.A.S. dated as of December 14, 2010.
GROUPE NOVASEP SAS | ||
By: | /s/ Xxxx-Xxxx Xxxxxxx | |
Name: | Xx. Xxxx-Xxxx Xxxxxxx | |
Title: | Chief Financial Officer | |
By: | /s/ Xxxxxxxx Xxxxxxx | |
Name: | Xx. Xxxxxxxx Xxxxxxx | |
Title: | Chief Legal Officer | |
Accepted by: | ||
INSPIRE PHARMACEUTICALS, INC. | ||
By: | /s/ Xxxxxx Xxxxx | |
Name: | Xxxxxx Xxxxx | |
Title: | President and Chief Executive Officer |