Contract
Exhibit 2
[ ] , 2008
Re: Deposit Agreement
(the “Deposit
Agreement”)
substantially in
the form of that
filed as an exhibit
to the Form F-6
Registration
Statement filed
with the Securities
and Exchange
Commission on [ ], 2008 by and among Galapagos NV,
The Bank of New York, as Depositary, and the owners and holders of American Depositary Receipts.
Ladies and Gentlemen:
We refer to the Deposit Agreement. Capitalized terms defined in the Deposit Agreement and not
otherwise defined herein are used herein as defined in the Deposit Agreement.
We hereby confirm that we shall not deliver Shares prior to the receipt and cancellation by us
of Receipts for Shares.
We hereby confirm that, without the prior consent of the Issuer, (i) we will not, on the
record date for any dividend or other distribution with respect to Shares, (a) issue Receipts prior
to the receipt by us, the Custodian or our nominees of corresponding Shares (a “Pre-Release”), or
(b) permit any Pre-Release to remain outstanding at any time on such date except pursuant to
agreements with covenants, representations or warranties substantively to the effect of Sections
3(a), 4 and 7(a) of the ADR Pre-Release Agreement attached hereto and (ii) we will undertake a
Pre-Release only pursuant to written agreements that meet the requirements of Section 1058(b) of
the United States Internal Revenue Code of 1986, as amended.
Very truly yours, The Bank of New York, as Depositary |
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