Company: TVRD
Filing Date: 2025-01-27
Form Type: S-4/A
Source: 0001104659-25-006050
Chunk: 1001

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-01-27
Form: S-4/A
Chunk 1001
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 shall not have occurred any Parent MaterialAdverse Effect that is continuing.

8.5Parent Net Cash. Parent Net Cash determined in accordance withSection 1.6shall be greater than or equal to$18,000,000.

8.6Termination of Contracts. The Company shall have received evidence, in form and substance reasonably satisfactory toit, that (a) the Specified Parent Contracts (except, for the avoidance of doubt, (i) any Parent Contracts set forth onSchedule 5.12(b)(2)and (ii) any other Parent Contract agreed to by Parent and Company) have been terminated, assigned, or fully performed by Parent, (b) all obligations of Parent under the Specified Parent Contracts have been fully satisfied, waived orotherwise discharged, including as set forth on Schedule 5.12(b), if applicable and (c) the Asset Disposition will be consummated substantially concurrently with the Closing.

8.7Parent Lock-Up Agreements. Parent shall have received the Parent Lock-Up Agreements duly executed by each of theParent Lock-Up Signatories, each of which shall be in full force and effect as of immediately following the Effective Time.

Section 9.TERMINATION

9.1Termination. This Agreement may be terminated prior to the Effective Time (whether before or after approval of the Company Stockholder Matters by the Company’s stockholders and whether before or after approval of the Parent Stockholder Matters by Parent’s stockholders, unless otherwise specified below):

(a)by mutual written consent of Parent and the Company;

(b)by either Parent or the Company if the Contemplated Transactions shall not have been consummated by June 30, 2025 (subject to possible extension as provided in this Section 9.1(b), the “End Date”); provided, however, that the right to

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terminate this Agreement under this Section 9.1(b)) shall not be available to the Company, on the one hand, or to Parent, on the other hand, if such Party’s action or failure to act has been a principal cause of the failure of the Contemplated Transactions to occur on or before the End Date and such action or failure to act constitutes a breach of this Agreement, provided, further, however, that, in the event that the SEC has not declared the Registration Statement effective under the Securities Act by the date which is thirty (30) calendar days prior to the End Date, then Parent shall be