Company: WHWK
Filing Date: 2025-01-31
Form Type: DEFM14A
Source: 0001193125-25-018470
Chunk: 128

Company: Whitehawk Therapeutics, Inc.
Filing Date: 2025-01-31
Form: DEFM14A
Chunk 128
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anti-takeover” law is or becomes applicable to the Divestiture, and if any “anti-takeover” law is or becomes applicable to the Divestiture, to take all
actions within their power to ensure that the Divestiture may be completed as promptly as practicable and otherwise to eliminate or minimize the effect of such law on the Divestiture.

Access to Information

Subject to certain exceptions set
forth in the Divestiture Agreement, Aadi and Aadi Sub have agreed to use reasonable best efforts to afford Kaken reasonable access during the pre-closing period, upon reasonable advance notice and during normal business hours, to the properties,
books and records and personnel of Aadi Sub, and to assist Kaken in evaluating Aadi Sub’s governance and operational structure in order to continue operating the FYARRO Business following the completion of the Divestiture in substantially the
same manner as it was operated prior to the closing.

Employee Matters

Under the terms of the Divestiture Agreement, during the pre-closing period, Aadi has agreed to provide Kaken with reasonable access to each of the Acquired
Employees in cooperation with Aadi upon reasonable prior notice, and Kaken is permitted to make offers of employment that are conditioned upon the completion of the Divestiture to any Acquired Employees on terms substantially comparable in the
aggregate to the terms of employment that are in effect as of the date of the Divestiture Agreement. The Divestiture Agreement also provides that Kaken must not make offers of employment to any current employee, individual independent contractor,
officer or member of Aadi’s board of directors or any of its affiliates other than the Acquired Employees, except for positions where the applicable Acquired Employee has rejected an offer of employment from Kaken. The parties have agreed that
Aadi will be solely responsible for terminating the employment of all employees that are not Acquired Employees or transferring their employment to Aadi prior to the completion of the Divestiture.

Notification of Certain Matters

Each party to the
Divestiture Agreement has agreed, during the pre-closing period, to give prompt written notice to the other parties upon becoming aware that any representation or warranty made by it in the Divestiture Agreement has become untrue or inaccurate in
any material respect, or of any failure by it to comply with or satisfy in any material respect any covenant, condition or agreement to be complied with or satisfied by it pursuant to the Divestiture Agreement.

Public Statements

Subject to certain exceptions set
forth