ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • June 25th, 2008 • Sun Pharmaceutical Industries LTD • Pharmaceutical preparations • New York
WHEREAS, Alkaloida is a party to that certain Option Letter Agreement, dated as of May 18, 2007 (the “Option Agreement”; capitalized terms used but not defined herein have the meanings given to them in the Option Agreement), by and among Alkaloida, the Taro Development Corporation (“TDC”), a New York company, Barrie Levitt, Tal Levitt, Daniel Moros (together with Barrie Levitt and Tal Levitt, the “Grantors”) and Jacob Levitt, pursuant to which TDC and the Grantors granted Sun the Options;
