Dated:  
September 30, 2011

 
To:
WaferGen Bio-systems, Inc.

 
7400 Paseo Padre Parkway

 
Fremont, CA  94555

 
Attention:  Don Huffman, Chief Financial Officer

 
Dear Don,
 
Reference is made to that certain letter agreement (the “Letter Agreement”),
dated May 27, 2011, from the Investors who have executed the signature pages
thereto (collectively, the “Investors”) and certain other undersigned
individuals (collectively, the “Management Members”) to WaferGen Bio-systems,
Inc. (the “Company”).
 
Subject to the Company’s agreement hereto by its execution of this letter below
where indicated, the Investors and the Management Members agree with each other
and the Company that the Letter Agreement shall be terminated, effective as of
the date hereof.

The parties hereto agree that in case, at any time after the date hereof, any
further action is necessary or desirable to carry out the purposes and intent of
this letter, the parties will take such further action as any party or parties
may reasonably request.  This letter may be executed in one or more
counterparts, and by different parties hereto on separate counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.  Any signature page of any such counterpart, or any
electronic facsimile thereof, may be attached or appended to any other
counterpart to complete a fully executed counterpart of this letter, and any
telecopy or other facsimile transmission of any signature shall be deemed an
original.  This letter shall be binding upon each party’s successors and
assigns.
 
 
 

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Please confirm your agreement with the foregoing by signing and returning to
Great Point Partners, LLC the duplicate copy of this letter agreement enclosed
herewith.
 
 

  Very truly yours,                 INVESTORS:          
Great Point Partners, LLC
         
 
By:
/s/ David E. Kroin         Name: David E. Kroin       Title: Managing Director  

 

 
BIOMEDICAL VALUE FUND, L.P.
By:  Great Point Partners, LLC, its investment manager
         
 
By:
/s/ David E. Kroin       Name: David E. Kroin       Title: Managing Director  

 

 
BIOMEDICAL INSTITUTIONAL VALUE FUND, L.P.
By:  Great Point Partners, LLC, its investment manager
         
 
By:
/s/ David E. Kroin        Name: David E. Kroin       Title: Managing Director  

 

 
BIOMEDICAL OFFSHORE VALUE FUND, LTD.
By:  Great Point Partners, LLC, its investment manager
         
 
By:
/s/ David E. Kroin        Name: David E. Kroin       Title: Managing Director  

 
 
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WS INVESTMENTS III, LLC
By:  Great Point Partners, LLC, its investment manager
         
 
By:
/s/ David E. Kroin        Name: David E. Kroin       Title: Managing Director  

 

 
DAVID J. MORRISON
By:  Great Point Partners, LLC, its investment manager
         
 
By:
/s/ David E. Kroin        Name: David E. Kroin       Title: Managing Director  

 

 
CLASS D SERIES OF GEF-PS, L.P.
By:  Great Point Partners, LLC, its investment manager
         
 
By:
/s/ David E. Kroin        Name: David E. Kroin       Title: Managing Director  

 

 
LYRICAL MULTI-MANAGER FUND, L.P.
By:  Great Point Partners, LLC, its investment manager
         
 
By:
/s/ David E. Kroin        Name: David E. Kroin       Title: Title:  Managing
Director  

 
 
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DEERFIELD SPECIAL SITUATION FUND, L.P.
    By:  Deerfield Capital, L.P.       General Partner       By: J.E. Flynn
Capital, LLC         General Partner          
 
   
By:
/s/ James E. Flynn           Name: James E. Flynn           Title: President    
     

 
DEERFIELD SPECIAL SITUATIONS FUND INTERNATIONAL, LIMITED
         
 
By:
/s/ James E. Flynn       Name: James E. Flynn       Title: Director          

 

 
DEERFIELD PRIVATE DESIGN FUND II, L.P.
    By:  Deerfield Capital, L.P.       General Partner       By: J.E. Flynn
Capital, LLC         General Partner          
 
   
By:
/s/ James E. Flynn           Name: James E. Flynn           Title: President    
     

 
DEERFIELD PRIVATE DESIGN INTERNATIONAL II, L.P.
    By:  Deerfield Capital, L.P.       General Partner       By: J.E. Flynn
Capital, LLC         General Partner          
 
   
By:
/s/ James E. Flynn           Name: James E. Flynn           Title: President    
     

 
 
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THE SHIVJI FAMILY TRUST DATED JUNE 12, 2000
         
 
By:
/s/ Alnoor Shivji        Name: Alnoor Shivji       Title: Trustee          

 
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COMPANY MANAGEMENT:
         
 
 
/s/ Alnoor Shivji       Name: Alnoor Shivji            

 
 
 
/s/ Robert Coradini           Name: Robert Coradini            

 
 
 
/s/ Robert Hariri         Name: Dr. Robert J. Hariri            

 
 
 
/s/ Dean Hautamaki         Name: Dr. R. Dean Hautamaki            

 
 
 
/s/ Makoto Kaneshiro         Name: Makoto Kaneshiro            

 
 
 
/s/ Joel Kanter       Name: Joel Kanter            

 
 
 
/s/ Timothy Triche       Name: Dr. Timothy Triche            

 
 
Accepted and agreed:
WaferGen Bio-systems, Inc.
       
By: 
/s/ Alnoor Shivji      Name: Alnoor Shivji     Title: Chief Executive Officer  
          cc:   Morrison & Foerster LLP       425 Market Street       San
Francisco, CA  94105       Attention:  John M. Rafferty, Esq.  

 
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