JPMorgan Chase Bank, National Association P.O. Box 161 60 Victoria Embankment London EC4Y 0JP England March 11, 2008 To: NuVasive, Inc. 4545 Towne Centre Court San Diego, CA 92121 Attention: Treasurer Telephone No.: 858-909-1800 Facsimile No.:...
Exhibit 10.9
EXECUTION COPY
JPMorgan Chase Bank, National Association
X.X. Xxx 000
60 Victoria Embankment
Xxxxxx XX0X 0XX
England
X.X. Xxx 000
60 Victoria Embankment
Xxxxxx XX0X 0XX
England
March 11, 2008
To: NuVasive, Inc.
0000 Xxxxx Xxxxxx Xxxxx
Xxx Xxxxx, XX 00000
Attention: Treasurer
Telephone No.: 000-000-0000
Facsimile No.: 858-909-2000
0000 Xxxxx Xxxxxx Xxxxx
Xxx Xxxxx, XX 00000
Attention: Treasurer
Telephone No.: 000-000-0000
Facsimile No.: 858-909-2000
Re: Warrants
This letter agreement (the “Amendment”) amends the terms and conditions of the Transaction
(the “Transaction”) entered into JPMorgan Chase Bank, National Association, London Branch (“Bank”)
and NuVasive, Inc. (“Company”), pursuant to a letter agreement dated March 3, 2008 (the
“Confirmation”), pursuant to which Bank has purchased from Company a Number of Warrants equal to
2,235,150. This Amendment relates to, and sets forth the terms of, the purchase by Bank from
Company of an additional Number of Warrants (the “Additional Number of Warrants”).
Upon the effectiveness of this Amendment, all references in the Confirmation to the “Number of
Warrants” will be deemed to be to the Number of Warrants as amended hereby and all references in
the Confirmation to the “Transaction” will be deemed to be to the Transaction as amended hereby.
Except to the extent specified below, all other provisions of the Confirmation shall apply to the
Additional Number of Warrants as if such Additional Number of Warrants were originally subject to
the Confirmation. Capitalized terms used herein without definition shall have the meanings
assigned to them in the Confirmation.
The terms relating to the purchase of the Additional Number of Warrants are as follows:
1. The “Trade Date” with respect to the Additional Number of Warrants will be March 11, 2008.
2. The “Number of Warrants” for the Transaction will be “2,570,423” reflecting an addition of
335,273 Additional Number of Warrants.
3. The “Premium” for the Transaction will be “$15,893,003” reflecting an increase of the premium
payable by Bank to Company in the amount of $2,073,003 for the Additional Number of Warrants.
4. Each of Bank and Company hereby repeats the representations, warranties and agreements made by
such party in the Confirmation, with respect to the Amendment or with respect to the Confirmation,
as amended by the Amendment, as the context requires.
5. Except as amended hereby, all the terms of the Transaction and provisions in the Confirmation
shall remain and continue in full force and effect and are hereby confirmed in all respects.
6. This Amendment may be signed in any number of counterparts, each of which shall be an original,
with the same effect as if all of the signatures thereto and hereto were upon the same instrument.
7. The provisions of this Amendment shall be governed by the New York law (without reference to
choice of law doctrine).
JPMorgan Chase Bank, National Association
Organised under the laws of the United States as a National Banking Association.
Main Xxxxxx 0000 Xxxxxxx Xxxxxxx, Xxxxxxxx, Xxxx 00000
Registered as a branch in England & Wales branch No. BR000746. Registered
Branch Office 000 Xxxxxx Xxxx, Xxxxxx XX0X 0XX
Authorised and regulated by the Financial Services Authority
Organised under the laws of the United States as a National Banking Association.
Main Xxxxxx 0000 Xxxxxxx Xxxxxxx, Xxxxxxxx, Xxxx 00000
Registered as a branch in England & Wales branch No. BR000746. Registered
Branch Office 000 Xxxxxx Xxxx, Xxxxxx XX0X 0XX
Authorised and regulated by the Financial Services Authority
Please confirm that the foregoing correctly sets forth the terms of our agreement by executing
this Amendment and returning it to EDG Confirmation Group, X.X. Xxxxxx Securities Inc., 000 Xxxx
Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000-0000, or by fax to (000) 000 0000.
Very truly yours,
X.X. Xxxxxx Securities Inc., as agent for
JPMorgan Chase Bank, National Association
JPMorgan Chase Bank, National Association
By: Xxxxx X. Xxxx
Authorized Signatory
Name: Xxxxx X. Xxxx
Authorized Signatory
Name: Xxxxx X. Xxxx
Accepted and confirmed
as of the Trade Date:
as of the Trade Date:
NuVasive, Inc.
By: /s/ Xxxxx X. X’Xxxxx
Authorized Signatory
Name: Xxxxx X. X’Xxxxx
Authorized Signatory
Name: Xxxxx X. X’Xxxxx
JPMorgan Chase Bank, National Association
Organised under the laws of the United States as a National Banking Association.
Main Xxxxxx 0000 Xxxxxxx Xxxxxxx, Xxxxxxxx, Xxxx 00000
Registered as a branch in England & Wales branch No. BR000746. Registered
Branch Office 000 Xxxxxx Xxxx, Xxxxxx XX0X 0XX
Authorised and regulated by the Financial Services Authority
Organised under the laws of the United States as a National Banking Association.
Main Xxxxxx 0000 Xxxxxxx Xxxxxxx, Xxxxxxxx, Xxxx 00000
Registered as a branch in England & Wales branch No. BR000746. Registered
Branch Office 000 Xxxxxx Xxxx, Xxxxxx XX0X 0XX
Authorised and regulated by the Financial Services Authority