Annex 1: Heads of Terms Collaboration and Option AgreementCollaboration and Option Agreement • August 22nd, 2024 • England
Contract Type FiledAugust 22nd, 2024 JurisdictionThis proposed transaction is subject to (i) the acceptance by both Parties of the principal terms as finally negotiated, and (ii) the negotiation, execution and delivery of a definitive Agreement. This Term Sheet does not constitute a binding contract, and the Parties do not intend to be legally bound, unless and until a definitive Agreement has been executed by both Parties. Unless and until a definitive Agreement has been executed by both Parties, either Party is free to terminate further negotiations at any time, with or without cause.