SECURITIES PURCHASE AGREEMENT dated as of July 22, 2009 by and among PROLOR BIOTECH, INC. and THE PURCHASERS SET FORTH ON THE SIGNATURE PAGES HERETOSecurities Purchase Agreement • July 24th, 2009 • PROLOR Biotech, Inc. • Pharmaceutical preparations • Florida
THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”) is dated as of July 22, 2009, by and between PROLOR Biotech, Inc. (the “Company”), a corporation organized under the laws of the State of Nevada, with its principal offices at 3 Sapir Street, Weizmann Science Park, Nes-Ziona, Israel, and the purchasers whose names and addresses are set forth on the signature pages hereto (the “Purchasers”). Certain capitalized terms used but not defined herein shall have the respective meanings set forth on Schedule 1 attached hereto.
Re: Termination of Credit Agreement and Cancellation and Termination of Note and Security Agreement.PROLOR Biotech, Inc. • July 24th, 2009 • Pharmaceutical preparations • Florida
Reference is made to (i) that certain Credit Agreement, dated as of March 25, 2008 (the “Credit Agreement”), by and between Modigene Inc., a Nevada corporation (n/k/a PROLOR Biotech, Inc., the “Company”), and The Frost Group, LLC, a Florida limited liability company (the “Frost Group”), (ii) and that certain Note and Security Agreement, dated as of March 25, 2008 (the “Note and Security Agreement”), by and between the Company and the Frost Group.
PROLOR BIOTECH, INC. LOCK-UP AGREEMENT Dated: ________ __, 20__Lock-Up Agreement • July 24th, 2009 • PROLOR Biotech, Inc. • Pharmaceutical preparations
