Company: WHWK
Filing Date: 2025-01-21
Form Type: PREM14A
Source: 0001193125-25-009599
Chunk: 140

Company: Whitehawk Therapeutics, Inc.
Filing Date: 2025-01-21
Form: PREM14A
Chunk 140
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 with or resulting from pursuing or obtaining such insurance proceeds. Kaken has also agreed to not make any amendment, modification, revision or waiver of any provision of the RWI Policy that would materially and adversely impact or affect Aadi without Aadi’s prior written consent. Without limiting any rights of Kaken or the other indemnified parties under the RWI Policy, no indemnified party under the Divestiture Agreement is entitled to be indemnified for any punitive damages under the Divestiture Agreement except to the extent that such indemnified party will be or has become obligated to pay such punitive damages to any other person. Aadi will not be liable to any indemnified party with respect to losses (1) relating to any taxes directly relating to actions outside the ordinary course of business taken by Kaken or any indemnified party under the Divestiture Agreement (including Aadi Sub after the completion of the Divestiture) at any time on the date of completion of the Divestiture after the completion of the Divestiture, or (2) arising as a result of any election with respect to taxes made after the completion of the Divestiture. - 90 -

Aadi’s indemnification obligations are subject to certain limitations, including a cap equal to $5 million for losses relating to any inaccuracy in or breach of any representation or warranty or losses relating to certain policy exclusions under the RWI Policy. Conditions to the Completion of the Divestiture The respective obligations of Kaken, Aadi and Aadi Sub, as applicable, to complete the Divestiture are subject to the satisfaction or waiver (where permitted by applicable law) at or prior to the completion of the Divestiture of certain conditions, including the following:

| • |     | the approval of the Divestiture Agreement and the approval of the Divestiture by the requisite affirmative vote 
 of Aadi stockholders;                                                                                           |

| • |     | the receipt of all consents and approvals (if any) required under any regulatory laws applicable to the 
 Divestiture;                                                                                            |

| • |     | the absence of any of the following, that in each case, prevents or materially impairs the completion of the 
 Divestiture:                                                                                                 |

| • |     | any temporary restraining order, preliminary or permanent injunction or other judgment or order issued by any 
 court of competent jurisdiction;                                                                              |

| • |     | legal or regulatory restraint or prohibition by any governmental authority of competent jurisdiction; and |

| • |     | any law enacted,