LOAN AND SECURITY AGREEMENTLoan and Security Agreement • July 25th, 2017 • Gemphire Therapeutics Inc. • Pharmaceutical preparations • Michigan
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of July 24, 2017 (the “Effective Date”) between SILICON VALLEY BANK, a California corporation with a loan production office located at 380 Interlocken Crescent, Suite 600, Broomfield, Colorado 80021 (“Bank”), and GEMPHIRE THERAPEUTICS INC., a Delaware corporation with offices located at 17199 N. Laurel Park Drive, Suite 401, Livonia, Michigan 48152 (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
