CREDIT AND SECURITY AGREEMENT dated as of August 4, 2016 by and amongCredit and Security Agreement • August 5th, 2016 • Aptevo Therapeutics Inc. • Pharmaceutical preparations • New York
THIS CREDIT AND SECURITY AGREEMENT (as the same may be amended, supplemented, restated or otherwise modified from time to time, the “Agreement”) is dated as of August 4, 2016 by and among Aptevo Therapeutics inc., a Delaware corporation, APTEVO BIOTHERAPEUTICS LLC, a Delaware limited liability company, APTEVO RESEARCH AND DEVELOPMENT LLC, a Delaware limited liability company and any additional borrower that may hereafter be added to this Agreement (each, individually as a “Borrower”, and collectively with any entities that become party hereto as Borrower and each of their successors and permitted assigns, the “Borrowers”), MIDCAP FINANCIAL TRUST, a Delaware statutory trust, individually as a Lender, and as Agent, and the financial institutions or other entities from time to time parties hereto, each as a Lender.
c/o MidCap Financial Services, LLC, as servicer Bethesda, Maryland 20814Credit and Security Agreement • August 5th, 2016 • Aptevo Therapeutics Inc. • Pharmaceutical preparations • New York
