Confidential Term Sheet for Purchase Agreement Sample Contracts

AMENDMENT TO CONFIDENTIAL TERM SHEET FOR PURCHASE AGREEMENT
Confidential Term Sheet for Purchase Agreement • July 26th, 2023 • Vascular Biogenics Ltd. • Pharmaceutical preparations

This amended Term Sheet outlines the terms and conditions of an Asset Purchase Agreement (the “Purchase Agreement”) pursuant to which Vascular Biogenics Ltd. (or its successor entity) (“Seller”) would sell certain assets to Wellbeing Group LTD. or one of their assignees (“Purchaser”). Such terms and conditions amend and supersede any previously agreed terms and conditions. Following execution of this amended Term Sheet, Seller and Purchaser shall negotiate in good faith to enter into the Purchase Agreement.

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