AMENDMENT NO. 1 TO AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT
Exhibit 4.3
AMENDMENT NO. 1 TO
AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT
This Amendment No. 1 to Amended and Restated Investor Rights Agreement (this “Amendment”) is entered into as of December 4, 2018 by the undersigned parties to that certain Amended and Restated Investor Rights Agreement, dated as of March 10, 2015 (the “Rights Agreement”), by and among Aeglea BioTherapeutics, Inc., a Delaware corporation (the “Company”) and the Investors. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Rights Agreement.
RECITALS
A.WHEREAS, the Company’s Board of Directors has determined it is in the best interests of the Company and its stockholders to amend certain provisions in the Rights Agreement with respect to registration rights
B.WHEREAS, Section 6.6 of the Rights Agreement provides that any provision of the Rights Agreement may be amended with the written consent of the Company and the Investors holding at least 62% of voting power of all Registrable Securities then held by all Investors (the “Requisite Holders”)
C.WHEREAS, the undersigned Investors, who collectively constitute the Requisite Holders, desire to amend the Rights Agreement all as set forth below.
NOW, THEREFORE, in consideration of the foregoing recitals and for other good and valuable consideration, the adequacy and sufficiency of which are hereby acknowledged, the undersigned hereby agree as follows:
1.Amendment to Section 3.14. Section 3.14 of the Rights Agreement is hereby amended and restated in its entirety to state the following:
“3.14Termination of Rights. The rights of any particular Holder under this Section 3 hereof shall terminate as to any Holder on the earliest of (a) Xxxxx 00, 0000, (x) the date on which such Holder ceases to hold Registrable Securities, and (c) such time as all of such Holder’s Registrable Securities could be sold without any restriction on volume or manner of sale in any three-month period under Rule 144 or any successor rule.”
2.Full Force and Effect. Except as expressly modified herein, the Rights Agreement shall remain in full force and effect.
3.Governing Law. This Amendment shall be governed by, and construed and interpreted in accordance with the laws of the State of Delaware as applied to agreements among Delaware residents made and to be performed entirely within the State Delaware.
4.Counterparts. This Amendment may be executed in counterparts, delivered by facsimile or portable document format (.pdf or similar format), each of which will constitute an original and all of which together will constitute one agreement.
The parties are signing this Amendment as of the date stated in the introductory clause.
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COMPANY:
By: /s/ Xxxxxxx X. York II Xxxxxxx X. York II Address:901 S. MoPac Expressway Barton Xxxx Xxxxx Xxx Xxxxx 000 Xxxxxx, XX 00000
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SIGNATURE PAGE TO XXX AMENDMENT
The parties are signing this Amendment as of the date stated in the introductory clause.
LILLY VENTURES FUND I LLC
By: /s/ S. Xxxxxx Xxxxxx
Name: S. Xxxxxx Xxxxxx
Title: Managing Director
Date: December 4, 2018
SIGNATURE PAGE TO XXX AMENDMENT
The parties are signing this Amendment as of the date stated in the introductory clause.
INVESTOR:
NOVARTIS BIOVENTURES LTD.
By: /s/ Xxxx Xxxxxxxxx
Name: Xxxx Xxxxxxxxx
Title: Secretary of the Board
Date: March 21, 2018
By: /s/ Florian Muellershausen
Name: Florian Muellershausen
Title: Authorized Signatory
Date: March 21, 2018
SIGNATURE PAGE TO XXX AMENDMENT
The parties are signing this Amendment as of the date stated in the introductory clause.
INVESTOR:
XXXXXXXX GLOBAL HEALTHCARE MASTER FUND, LTD.
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By: |
Xxxxxxxx Associates LLC, its Investment Manager |
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By: /s/ Xxxxx Xxxx
Name: Xxxxx Xxxx
Title: Managing Director
Date: March 22, 2018
SIGNATURE PAGE TO XXX AMENDMENT
