VOTING AGREEMENT
THIS VOTING AGREEMENT is entered into as of July 6, 1998 by and between
GENE LOGIC INC., a Delaware corporation ("Parent"), GENE LOGIC ACQUISITION
CORP., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger
Sub"), and INCYTE PHARMACEUTICALS, INC. ("Stockholder").
RECITALS
A. Parent, ONCORMED, INC., a Delaware corporation ("Company"), and Merger
Sub are entering into an Agreement and Plan of Merger and Reorganization of even
date herewith and entered into immediately prior to the execution of this Voting
Agreement (the "Merger Agreement"), which provides for the merger of the Company
with and into Merger Sub (the "Merger"). Capitalized terms used but not
otherwise defined in this Voting Agreement shall have the meanings given to such
terms in the Merger Agreement.
B. As a condition to the willingness of Parent and Merger Sub to enter
into the Merger Agreement, Parent and Merger Sub have required that Stockholder
agree, and in order to induce Parent and Merger Sub to enter into the Merger
Agreement, Stockholder has agreed, to enter into this Voting Agreement.
AGREEMENT
The parties to this Voting Agreement, intending to be legally bound, agree
as follows:
SECTION 1. CERTAIN DEFINITIONS
1.1 "SUBJECT SECURITIES" shall mean: (i) all securities of the Company
(including shares of Company Common Stock and Company Preferred Stock and all
options, warrants and other rights to acquire shares of Company capital stock)
Owned by Stockholder as of the date of this Agreement; and (ii) all additional
securities of the Company (including all additional shares of Company Common
Stock, Company Preferred Stock and all additional options, warrants and other
rights to acquire shares of Company capital stock) of which Stockholder acquires
Ownership during the period from the date of this Agreement through the
Expiration Date.
1.2 Stockholder shall be deemed to "OWN" or to have acquired "OWNERSHIP"
of a security of the Company if Stockholder: (i) is the record owner of such
security; or (ii) is the "beneficial owner" (within the meaning of Rule 13d-3
under the Exchange Act) of such security.
1.3 "EXPIRATION DATE" shall mean the earlier of the date upon which (i)
the Merger becomes effective, or (ii) the Merger Agreement is validly
terminated; PROVIDED, HOWEVER, that the "Expiration Date" shall be the date 180
days following the date on which the Merger Agreement is validly terminated if
an Identified Termination occurs.
1.4 An "IDENTIFIED TERMINATION" shall occur if (i) the Merger Agreement
is terminated by Parent pursuant to Section 7.1(e) of the Merger Agreement, or
(ii) the Merger
1.
Agreement is terminated by Parent pursuant to Section 7.1(g) of the Merger
Agreement (other than pursuant to subsection (i) thereof).
SECTION 2. DISPOSITION AND VOTING OF SUBJECT SECURITIES.
2.1 NO DISPOSITION OR ENCUMBRANCE OF SUBJECT SECURITIES. Stockholder
hereby covenants and agrees that, prior to the Expiration Date, Stockholder will
not, directly or indirectly, (i) offer, sell, offer to sell, contract to sell,
pledge, grant any option to purchase or otherwise dispose of or transfer (or
announce any offer, sale, offer of sale, contract of sale or grant of any option
to purchase or other disposition or transfer of) any Subject Securities to any
Person other than Parent or Parent's designee, (ii) create or permit to exist
any Encumbrance with respect to any of the Subject Securities, (iii) reduce
Stockholder's beneficial ownership of, interest in or risk relating to, any of
the Subject Securities or (iv) commit or agree to do any of the foregoing.
2.2 NO TRANSFER OF VOTING RIGHTS. Stockholder covenants and agrees that,
prior to the Expiration Date, Stockholder will not deposit any of the Subject
Securities into a voting trust or grant another proxy (except as provided
herein) or enter into a voting agreement with respect to any of the Subject
Securities.
SECTION 3. VOTING OF SUBJECT SECURITIES
3.1 PRE-TERMINATION VOTING AGREEMENT. Stockholder hereby agrees that,
prior to the Expiration Date, at any meeting of the stockholders of the Company,
however called, and in any written action by consent of the stockholders of the
Company, unless otherwise directed in writing by Parent, Stockholder shall cause
the Subject Securities to be voted:
(a) in favor of the issuance of shares of Parent Common Stock to the
Company Stockholders in the Merger, the Merger, the execution, delivery and
performance by the Company of the Merger Agreement and the adoption and approval
of the terms thereof and in favor of each of the other actions contemplated by
the Merger Agreement and any action required in furtherance hereof and thereof;
(b) against any action or agreement that would result in a breach of
any representation, warranty, covenant or obligation of the Company in the
Merger Agreement; and
(c) against the following actions (other than the Merger and the
transactions contemplated by the Merger Agreement): (A) any extraordinary
corporate transaction, such as a merger, consolidation or other business
combination involving the Company; (B) any sale, lease or transfer of
substantially all of the assets of the Company; (C) any reorganization,
recapitalization, dissolution or liquidation of the Company; (D) any change in a
majority of the board of directors of the Company; (E) any amendment to the
Company's Certificate of Incorporation or Bylaws; (F) any material change in the
capitalization of the Company or the Company's corporate structure; or (G) any
other action which is intended to, or would, impede, interfere with, delay,
postpone, discourage or adversely affect the Merger or any of the other
transactions contemplated by the Merger Agreement or this Voting Agreement.
2.
3.2 Prior to the Expiration Date, Stockholder shall not enter into any
Contract with any Person to vote or give instructions in any manner inconsistent
with Sections 3.1(a), 3.1(b) or 3.1(c).
3.3 POST-TERMINATION VOTING AGREEMENT. If an Identified Termination
occurs, then, prior to the Expiration Date, at any meeting of the stockholders
of the Company, however called, and in any written action by the consent of the
stockholders of the Company, unless otherwise directed in writing by Parent,
Stockholder shall vote the Subject Securities (a) against any Acquisition
Proposal and any related transaction or agreement, and (b) against any action
which is intended, or could reasonably be expected, to facilitate the
consummation of any Acquisition Transaction. Stockholder shall not enter into
any Contract with any Person prior to the Expiration Date to vote or give
instructions in any manner inconsistent with clause "(a)" or "(b)" of the
preceding sentence.
3.4 PROXY. Contemporaneously with the execution of this Voting
Agreement, (i) Stockholder shall deliver to Parent a proxy in the form attached
hereto as Exhibit A, which shall be irrevocable to the fullest extent permitted
by law, with respect to the shares referred to therein (the "Proxy"); and (ii)
Stockholder shall deliver to Parent an additional proxy in the form attached
hereto as Exhibit A executed on behalf of the record owner of any issued and
outstanding shares of Company Common Stock and Company Preferred Stock that are
owned beneficially (but are not owned of record) by Stockholder.
SECTION 4. WAIVER OF APPRAISAL RIGHTS
Stockholder hereby waives any rights of appraisal and any dissenters'
rights that Stockholder may have in connection with the Merger.
SECTION 5. NO SOLICITATION
Stockholder covenants and agrees that, during the period commencing on the
date of this Voting Agreement and ending on the Expiration Date, Stockholder
shall not, and shall not authorize or permit any Representative of Stockholder,
to: (i) solicit, initiate or encourage the making, submission or announcement of
any Acquisition Proposal, (ii) furnish any information regarding the Company to
any Person in connection with or in response to an Acquisition Proposal, (iii)
engage in discussions or negotiations with any Person with respect to any
Acquisition Proposal, (iv) approve, endorse or recommend any Acquisition
Proposal or (v) enter into any letter of intent or other similar document or any
Contract contemplating or otherwise relating to any Acquisition Transaction;
PROVIDED, HOWEVER, that: (A) nothing herein shall prohibit the Stockholder from
disclosing, or causing the Company to disclose, to the Company's stockholders a
position with respect to a tender offer pursuant to Rules 14d-9 and 14e-2
promulgated under the Exchange Act; (B) nothing herein shall prohibit
Stockholder from making any disclosure to the Company's Stockholders if, in the
good faith judgment of the Stockholder after consultation with its outside legal
counsel, failure to so disclose would be inconsistent with applicable laws; and
(C) the Stockholder shall not be prohibited by this Section 5 from (x)
furnishing or causing to be furnished nonpublic information regarding the
Company to any Person in response to an Acquisition Proposal that is submitted
by such Person (and not withdrawn), or (y) entering into discussions with any
Person in response to a Superior Offer that
3.
is submitted by such Person (and not withdrawn) if, in either such case: (1)
neither Stockholder or the Company nor any of their respective Representatives
shall have violated any of the restrictions set forth in this Section 5, (2) the
Stockholder believes in good faith, after consultation with its outside legal
counsel to the Company, that such action is required in order for the
Stockholder to comply with such Stockholder's fiduciary obligations to the
Company's other stockholders under applicable law, (3) prior to furnishing or
causing to be furnished any such nonpublic information to, or entering into
discussions with, such Person, the Stockholder gives Parent written notice of
the identity of such Person and of such Stockholder's intention to furnish or to
cause to be furnished nonpublic information to, or enter into discussions with,
such Person, and the Stockholder causes the Company to receive from such Person
an executed confidentiality agreement containing limitations no less restrictive
than the limitations imposed on Parent pursuant to that certain Mutual
Non-Disclosure Agreement dated as of January 27, 1998 between Parent and the
Company, and (4) contemporaneously with furnishing any such nonpublic
information to such Person, the Stockholder furnishes or causes to be furnished
such nonpublic information to Parent (to the extent such nonpublic information
has not been previously furnished by the Company to Parent).
SECTION 6. REPRESENTATIONS AND WARRANTIES OF STOCKHOLDER
Stockholder hereby represents and warrants to Parent as follows:
6.1 DUE AUTHORIZATION. Stockholder has all requisite power and capacity
to execute and deliver this Voting Agreement and to perform Stockholder's
obligations hereunder. This Voting Agreement has been duly executed and
delivered by Stockholder and constitutes a legal, valid and binding obligation
of Stockholder, enforceable against Stockholder in accordance with its terms,
except as enforcement thereof may be limited by bankruptcy, insolvency,
reorganization, moratorium and other laws of general application affecting
enforcement of creditors' rights generally, as limited by laws relating to the
availability of specific performance, injunctive relief, or by general equitable
principles, and to the extent any indemnification or contribution provisions
thereof may be limited by applicable federal or state securities laws.
6.2 NO CONFLICTS, REQUIRED FILINGS AND CONSENTS.
(a) The execution and delivery of this Voting Agreement by
Stockholder do not, and the performance of this Voting Agreement by Stockholder
will not: (i) conflict with or violate any order, decree or judgment applicable
to Stockholder or by which Stockholder or any of Stockholder's properties are
bound or affected; or (ii) result in any breach of or constitute a default (with
notice or lapse of time, or both) under, or give to others any rights of
termination, amendment, acceleration or cancellation of, or result in the
creation of an Encumbrance on the Subject Securities pursuant to any Contract
other than this Voting Agreement to which Stockholder is a party or by which
Stockholder or any of Stockholder's properties is bound or affected.
(b) The execution and delivery of this Voting Agreement by
Stockholder do not, and the performance of this Voting Agreement by Stockholder
will not, require any Consent of any Person.
4.
6.3 TITLE TO SUBJECT SECURITIES. As of the date hereof, Stockholder Owns
in the aggregate (including shares owned of record and shares owned
beneficially) the number of issued and outstanding shares of Company Common
Stock and Company Preferred Stock set forth below Stockholder's name on the
signature page hereof, and the number of options, warrants and other rights to
acquire shares of Company capital stock set forth below Stockholder's name on
the signature page hereof, and does not directly or indirectly Own, any shares
of capital stock of the Company, or any option, warrant or other right to
acquire any shares of capital stock of the Company, other than the shares,
options, warrants and other rights set forth below Stockholder's name on the
signature page hereof.
6.4 ACCURACY OF REPRESENTATIONS. The representations and warranties
contained in this Voting Agreement are accurate in all respects as of the date
of this Voting Agreement, will be accurate in all respects at all times through
the Expiration Date and will be accurate in all material respects as of the date
of the consummation of the Merger as if made on that date.
SECTION 7. COVENANTS OF STOCKHOLDER
7.1 FURTHER ASSURANCES. From time to time and without additional
consideration, Stockholder will execute and deliver, or cause to be executed and
delivered, such additional or further arrangements, proxies, consents and other
instruments as Parent may reasonably request for the purpose of effectively
carrying out and furthering the intent of this Voting Agreement.
7.2 LEGEND. Immediately after the execution of this Voting Agreement,
Stockholder shall instruct the Company to cause each certificate of Stockholder
evidencing the Subject Securities to bear a legend in the following form:
THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE SOLD,
EXCHANGED OR OTHERWISE TRANSFERRED OR DISPOSED OF EXCEPT IN COMPLIANCE
WITH THE TERMS AND CONDITIONS OF THE VOTING AGREEMENT DATED AS OF JULY
6, 1998, AS IT MAY BE AMENDED, EXECUTED BY THE REGISTERED HOLDER OF
THIS CERTIFICATE, A COPY OF WHICH IS ON FILE AT THE PRINCIPAL
EXECUTIVE OFFICES OF THE ISSUER.
SECTION 8. MISCELLANEOUS
8.1 SURVIVAL OF REPRESENTATIONS, WARRANTIES AND AGREEMENTS. All
representations, warranties and agreements made by Stockholder in this Voting
Agreement shall survive (i) the consummation of the Merger, (ii) any termination
of the Merger Agreement, and (iii) the Expiration Date.
8.2 INDEMNIFICATION. Stockholder shall hold harmless and indemnify
Parent, and Parent's Representatives from and against any damages (regardless of
whether such damages relate to a third-party claim) suffered or incurred by
Parent or Parent's Representatives and that arise from any breach of any
representation, warranty, covenant or obligation of Stockholder contained
herein.
5.
8.3 EXPENSES. All costs and expenses incurred in connection with the
transactions contemplated by this Voting Agreement shall be paid by the party
incurring such costs and expenses.
8.4 NOTICES. All notices and other communications required or permitted
to be delivered to any party pursuant to this Voting Agreement shall be in
writing and shall be deemed properly given if delivered personally, by
facsimile, sent by nationally-recognized, overnight courier or mailed by
registered or certified mail (postage prepaid, return receipt requested) to the
parties at the following addresses (or at such other address for a party as
shall be specified by like notice):
if to Stockholder:
at the address set forth below Stockholder's signature on the
signature page hereto
with a copy to:
Xxxxxxx, Xxxxxxx & Xxxxxxxx LLP
0000 Xxxxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xxxxxxxxx X. Xxxxx, Esq.
Telephone: (000) 000-0000
Fax: (000) 000-0000
if to Parent:
Gene Logic Inc.
000 Xxxxxx Xxxxxxx Xxxx
Xxxxxxxxxxxx, XX 00000
Attention: President and Chief Executive Officer
Facsimile: (000) 000-0000
with a copy to:
Xxxxxx Godward LLP
0000 Xxxxxxxxx Xxxxx
Xxxxx 0000
Xxx Xxxxx, XX 00000-0000
Attention: Xxxxxxxxx X. Xxxx, Esq.
Facsimile: (000) 000-0000
All such notices and other communications shall be deemed to have been received
(a) in the case of personal delivery, on the date of such delivery, (b) in the
case of a facsimile, when the party receiving such facsimile shall have
confirmed receipt of the communication, (c) in the case of delivery by
nationally-recognized, overnight courier, on the Business Day following dispatch
and (d) in the case of registered or certified mail, on the fifth Business Day
following such mailing.
6.
8.5 SEVERABILITY. Any term or provision of this Voting Agreement which
is invalid or unenforceable in any jurisdiction shall, as to that jurisdiction,
be ineffective to the extent of such invalidity or unenforceability without
rendering invalid or unenforceable the remaining terms and provisions of this
Voting Agreement or affecting the validity or enforceability of any of the terms
or provisions of this Voting Agreement in any other jurisdiction. If any
provision of this Voting Agreement is so broad as to be unenforceable, the
provision shall be interpreted to be only so broad as is enforceable.
8.6 ENTIRE AGREEMENT. This Voting Agreement and any documents delivered
by the parties in connection herewith constitute the entire agreement between
the parties with respect to the subject matter hereof and thereof and supersede
all prior agreements and understandings between the parties with respect
thereto. No addition to or modification of any provision of this Voting
Agreement shall be binding upon either party hereto unless made in writing and
signed by both parties hereto. The parties hereto waive their right to a trial
by jury in any action at law or suit in equity based upon, or arising out of,
this Voting Agreement or the subject matter hereof.
8.7 ASSIGNMENT, BINDING EFFECT. Except as provided herein, neither this
Voting Agreement nor any of its rights, interests or obligations shall be
assigned by Stockholder without the prior written consent of Parent. Subject to
the preceding sentence, this Voting Agreement shall be binding upon and shall
inure to the benefit of (i) Stockholder and Stockholder's heirs, successors and
assigns and (ii) Parent and its successors and assigns. Notwithstanding
anything contained in this Voting Agreement to the contrary, nothing in this
Voting Agreement, expressed or implied, is intended to confer on any Person
other than the parties hereto or their respective heirs, successors and assigns
any rights, remedies, obligations or liabilities under or by reason of this
Voting Agreement.
8.8 SPECIFIC PERFORMANCE. The parties hereto agree that irreparable
damage would occur in the event that any of the provisions of this Voting
Agreement was not performed in accordance with its specific terms or was
otherwise breached. It is accordingly agreed that Parent shall be entitled to
an injunction or injunctions to prevent breaches of this Voting Agreement and to
enforce specifically the terms and provisions hereof, this being in addition to
any other remedy to which Parent is entitled at law or in equity.
8.9 OTHER AGREEMENTS. Nothing in this Voting Agreement shall limit any
of the rights or remedies of Parent or any of the obligations of Stockholder
under any agreement between Parent and Stockholder.
8.10 GOVERNING LAW. This Voting Agreement is made under, and shall be
construed and enforced in accordance with, the laws of the State of Delaware
applicable to agreements made and to be performed solely therein, without
giving effect to principles of conflicts of law. In any action between or
among any of the parties, whether arising out of this Voting Agreement or
otherwise: (a) each of the parties irrevocably and unconditionally consents
and submits to the exclusive jurisdiction and venue of the state and federal
courts located in Maryland; (b) if any such action is commenced in a state
court, then, subject to applicable law, no party shall object to the removal
of such action to any federal court located in Xxxxxxxxxx County, Maryland;
(c) each of the parties irrevocably waives the right to trial by jury; and
(d) each of the parties
7.
irrevocably consents to service of process by first class certified mail,
return receipt requested, postage prepaid, to the address at which such party
is to receive notice in accordance with Section 8.4.
8.11 COUNTERPARTS. This Voting Agreement may be executed by the parties
hereto in separate counterparts, each of which when so executed and delivered
shall be an original, but all such counterparts shall together constitute one
and the same instrument.
8.12 CONSTRUCTION.
(a) Headings of the Sections of this Voting Agreement are for the
convenience of the parties only, and shall be given no substantive or
interpretive effect whatsoever.
(b) For purposes of this Voting Agreement, whenever the context
requires: the singular number shall include the plural, and vice versa; the
masculine gender shall include the feminine and neuter genders; the feminine
gender shall include the masculine and neuter genders; and the neuter gender
shall include masculine and feminine genders.
(c) The parties hereto agree that any rule of construction to the
effect that ambiguities are to be resolved against the drafting party shall not
be applied in the construction or interpretation of this Voting Agreement.
(d) As used in this Voting Agreement, the words "include" and
"including," and variations thereof, shall not be deemed to be terms of
limitation, but rather shall be deemed to be followed by the words "without
limitation."
[THIS SPACE INTENTIONALLY LEFT BLANK]
8.
IN WITNESS WHEREOF, Parent, Merger Sub and Stockholder have caused this
Voting Agreement to be executed as of the date first written above.
GENE LOGIC INC.
By: /s/ Xxxxxxx X. Xxxxxxx
-----------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: President & CEO
GENE LOGIC ACQUISITION CORP.
By: /s/ Xxxxxxx X. Xxxxxxx
-----------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: President & CEO
INCYTE PHARMACEUTICALS, INC.
/s/ Xxxxxx X. Xxxxxxx
-----------------------------------------
Name: Xxxxxx X. Xxxxxxx
------------------------------
Address: Incyte Pharmaceuticals, Inc.
------------------------------
0000 Xxxxxx Xxxxx
------------------------------
Xxxx Xxxx, XX 00000
------------------------------
------------------------------
Facsimile: (000) 000-0000
------------------------------
Number of issued and outstanding shares of COMPANY COMMON STOCK Owned OF RECORD
as of the date of this Voting Agreement:
--------------
Number of additional issued and outstanding shares of COMPANY COMMON STOCK
Owned BENEFICIALLY (but not of record) as of the date of this Voting
Agreement:
--------------
Number of issued and outstanding shares of COMPANY PREFERRED STOCK Owned OF
RECORD OR BENEFICIALLY as of the date of this Voting Agreement:
--------------
Number of additional issued and outstanding shares of COMPANY PREFERRED STOCK
Owned BENEFICIALLY (but not of record) as of the date of this Voting
Agreement:
-------------
Number of options, warrants and other rights to acquire shares of Company
capital stock Owned OF RECORD as of the date of this Voting
Agreement:
--------------
Number of options, warrants and other rights to acquire shares of Company
capital stock Owned BENEFICIALLY (but not of record) as of the date of this
Voting Agreement:
--------------
[VOTING AGREEMENT]
EXHIBIT A
FORM OF IRREVOCABLE PROXY
IRREVOCABLE PROXY
The undersigned stockholder of Company, Inc., a Delaware corporation
("Company"), hereby irrevocably (to the fullest extent permitted by law)
appoints and constitutes Xxxxxxx X. Xxxxxxx, M.D., Ph.D. and Parent Inc., a
Delaware corporation ("Parent"), and each of them, the attorneys and proxies of
the undersigned with respect to voting (i) the shares of capital stock of
Company owned by the undersigned as of the date of this proxy, which shares are
specified on the final page of this proxy and (ii) any and all other shares of
capital stock of Company which the undersigned may acquire after the date
hereof. The shares of the capital stock of Company referred to in clauses
(i) and (ii) of the immediately preceding sentence are collectively referred to
as the "Shares." Upon the execution hereof, all prior proxies given by the
undersigned with respect to any of the Shares are hereby revoked, and no
subsequent proxies will be given with respect to any of the Shares.
This proxy is irrevocable, is coupled with an interest and is granted in
connection with the Voting Agreement, dated as of the date hereof, between
Parent and the beneficial owner of the shares of capital stock of the Company
set forth on the signature page hereof (the "Voting Agreement"), and is granted
in consideration of Parent entering into the Agreement and Plan of Merger and
Reorganization, dated as of the date hereof, among Parent, Parent Acquisition
Corp., a Delaware corporation and wholly-owned subsidiary of Parent, and the
Company (the "Merger Agreement"). Capitalized terms used but not otherwise
defined in this proxy have the meanings ascribed to such terms in the Voting
Agreement and Merger Agreement.
The attorneys and proxies named above will be empowered, and may exercise
this proxy, to vote the Shares at any time until the earlier to occur of the
termination of the Merger Agreement or the Effective Time at any meeting of the
stockholders of the Company, however called, or in any written action by consent
of stockholders of the Company:
1. in favor of the issuance of shares of Parent Common Stock to the
Company Stockholders in the Merger, the Merger, the execution, delivery and
performance by the Company of the Merger Agreement and the adoption and approval
of the terms thereof and in favor of each of the other actions contemplated by
the Merger Agreement and any action required in furtherance hereof and thereof;
2. against any action or agreement that would result in a breach of any
representation, warranty, covenant or obligation of the Company in the Merger
Agreement; and
3. against the following actions (other than the Merger and the
transactions contemplated by the Merger Agreement): (A) any extraordinary
corporate transaction, such as a merger, consolidation or other business
combination involving the Company; (B) any sale, lease or transfer of
substantially all of the assets of the Company; (C) any reorganization,
recapitalization, dissolution or liquidation of the Company; (D) any change in a
majority of the board of directors of the Company; (E) any amendment to the
Company's Certificate of Incorporation or Bylaws; (F) any material change in the
capitalization of the Company or the
1.
Company's corporate structure; or (G) any other action which is intended to, or
would, impede, interfere with, delay, postpone, discourage or adversely affect
the Merger or any of the other transactions contemplated by the Merger Agreement
or this Voting Agreement.
The undersigned stockholder may vote the Shares on all other matters.
Any obligation of the undersigned hereunder shall be binding upon the
heirs, successors and assigns of the undersigned (including any transferee of
any of the Shares).
[THIS SPACE INTENTIONALLY LEFT BLANK]
2.
This proxy shall terminate upon the Expiration Date.
Dated: July 6, 1998
INCYTE PHARMACEUTICALS, INC.
/s/ Xxxxxx X. Xxxxxxx
-------------------------------------------
Print Name Xxxxxx X. Xxxxxxx
--------------------------------
Executive Vice President and CFO
If executed by record holder on behalf of the
beneficial owner, print name of beneficial
owner:
------------------------------------------
Number of issued and outstanding shares of COMPANY COMMON STOCK Owned OF RECORD
as of the date hereof:
--------------
Number of issued and outstanding shares of COMPANY PREFERRED STOCK Owned OF
RECORD as of the date hereof:
--------------
Number of issued and outstanding shares of COMPANY COMMON STOCK Owned
BENEFICIALLY (but not of record) as of the date hereof:
--------------
Number of issued and outstanding shares of COMPANY PREFERRED STOCK Owned
BENEFICIALLY (but not of record) as of the date hereof:
--------------
1.
