Advantech Master Investment Limited c/o Advantech Capital Suites 1702-03, 17/F One Exchange Square, 8 Connaught Place Central, Hong KongEquity Commitment Letter and Guarantee • July 3rd, 2018 • Sinovac Biotech LTD • Pharmaceutical preparations • New York
Reference is made to that certain (i) Securities Purchase Agreement, dated as of the date hereof (the “Agreement”), by and among Sinovac Biotech Ltd. (the “Company”), Prime Success, L.P. (“Investor”) and Vivo Capital, LLC, and (ii) Promissory Note, dated as of July 2, 2018, issued by Investor in favor of the Company (the “Promissory Note”). This letter agreement becomes effective concurrently with the Closing. Capitalized terms used and not otherwise defined herein have the meanings ascribed to them in the Agreement.
