Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 204

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 204
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 force and effect, except that (i) the provisions of Article V (Representations,
Warranties and Covenants of the Company), Article IX (Indemnification), Article X (Miscellaneous) and this Article VIII (Termination)
shall remain in full force and effect indefinitely notwithstanding such termination, and, (ii) so long as the Investor owns any Shares,
the covenants and agreements of the Company contained in Article VI (Additional Covenants) shall remain in full force and notwithstanding
such termination for a period of thirty (30) days following such termination. Notwithstanding anything in this Agreement to the contrary,
no termination of this Agreement by any party shall (i) become effective prior to the second (2nd) Trading Day immediately following the
date on which the purchase of Shares by the Investor pursuant to any pending VWAP Purchase has been fully settled, including, without
limitation, the delivery by the Company to the Investor of all Shares purchased by the Investor pursuant to such pending VWAP Purchase
as DWAC Shares on the applicable VWAP Purchase Share Delivery Date therefor, and the delivery by the Investor to the Company of the aggregate
VWAP Purchase Price payable by the Investor for such Shares, in each case in accordance with the settlement procedures set forth in Section
3.2 of this Agreement (it being hereby acknowledged and agreed that no termination of this Agreement shall limit, alter, modify, change
or otherwise affect any of the Company’s or the Investor’s rights or obligations under the Transaction Documents with respect
to any pending VWAP Purchase that has not fully settled, and that the parties shall fully perform their respective obligations with respect
to any such pending VWAP Purchase under the Transaction Documents), (ii) limit, alter, modify, change or otherwise affect the Company’s
or the Investor’s rights or obligations under this Agreement as they relate to the Initial Registration Statement or the New Registration
Statement and the maintenance of their continued effectiveness, all of which shall survive any such termination, or (iii) affect the Upfront
Commitment Fee payable to the Investor pursuant to Section 10.1(ii) it being hereby acknowledged and agreed that the entire amount of
the Upfront Commitment Fee shall be fully earned by the Investor and shall be non-refundable as of the Upfront Determination Date, regardless
of whether any VWAP Purchases are made or settled hereunder or any subsequent termination of this Agreement. Nothing in this Section 8.3
shall be deemed to