Amneal Pharmaceuticals, Inc. Amneal Pharmaceuticals LLCPromissory Note and Collateral Agreement • August 26th, 2019 • Patel Gautam • Pharmaceutical preparations • New York
This letter agreement (this “Letter Agreement”) is to confirm the mutual understanding among Credit Suisse AG, acting through its New York Branch (the “Lender”), Amneal Pharmaceuticals LLC (the “Company”), Amneal Pharmaceuticals, Inc. (“Amneal”) and Falcon Trust (the “Borrower”) with respect to the pledge (the “Pledge”) by the Borrower to the Lender (itself or through one of its affiliates, any such affiliate being treated as the Lender for purposes of this Letter Agreement) of, initially, 15,221,537 Units of the Company (the “Units”) and an equal number of shares of Class B Common Stock of Amneal (the “Class B Shares”), in each case pursuant to a Promissory Note and Collateral Agreement dated as of May 15, 2019 between the Borrower and the Lender (as amended, supplemented or modified from time to time, the “Loan Agreement”) and certain transactions related thereto. The Pledge will be made in favor of the Lender (the Units and Class B Shares that are so pledged at any time, the “Pledge
Promissory Note and Collateral AgreementPromissory Note and Collateral Agreement • March 5th, 2013 • Leucadia National Corp • Meat packing plants • New York
FOR VALUE RECEIVED, Borrower hereby promises to pay on the Maturity Date to the order of CREDIT SUISSE AG, acting through its New York Branch (or any other branch or office thereof) (“CSNY”) and any of its Affiliates (collectively with CSNY, “Lender”) at its office located at Eleven Madison Avenue, New York, NY 10010 (or such other office as Lender shall notify Borrower) the principal sum equal to the then outstanding and unpaid principal amount hereof, and to pay interest on the unpaid principal amount hereof from time to time outstanding until paid in full at the interest rates, in each case at the times and in the manner provided for herein. If there are multiple Borrowers, each reference to “Borrower” herein shall be a reference to each Borrower individually and to all Borrowers, collectively, as the context may require, and each Borrower shall be jointly and severally liable for all Obligations (as defined below) hereunder.
