EX-10.2



 Exhibit 10.2 

AMENDMENT NO. 1 TO COMMON STOCK SALES AGREEMENT 

June 29, 2018 
 Ladies and Gentlemen: 

Savara, Inc. (the “Company”) and H.C. Wainwright & Co. LLC (“HCW”) are parties to that certain
Common Stock Sales Agreement dated April 28, 2017 (the “Original Agreement”). All capitalized terms not defined herein shall have the meanings ascribed to them in the Original Agreement. The parties, intending to be legally
bound, hereby amend the Original Agreement as follows: 
 1.     Reference to the “Registration Statement” in
the Original Agreement shall refer to the registration statement on Form S-3, as amended (File No. 333-225994), originally filed with the Securities and Exchange
Commission on June 29, 2018 (“New Registration Statement”), when the New Registration Statement is declared effective by the Securities and Exchange Commission. 

2.    All references to “April 28, 2017” set forth in Schedule 1 and Exhibit 7(m) of the Original Agreement are
revised to read “April 28, 2017 (as amended by Amendment No. 1 to Common Stock Sales Agreement, dated June 29, 2018)”. 

3.    Except as specifically set forth herein, all other provisions of the Original Agreement shall remain in full force
and effect. 
 4.    This Amendment No. 1 to Common Stock Sales Agreement shall become effective upon the date that
the New Registration Statement is declared effective under the Securities Act. 
 5.    Entire Agreement; Amendment;
Severability. This Amendment No. 1 to the Original Agreement together with the Original Agreement (including all schedules and exhibits attached hereto and thereto and Placement Notices issued pursuant hereto and thereto) constitutes the
entire agreement and supersedes all other prior and contemporaneous agreements and undertakings, both written and oral, among the parties hereto with regard to the subject matter hereof. All references in the Original Agreement to the
“Agreement” shall mean the Original Agreement as amended by this Amendment No. 1; provided, however, that all references to “date of this Agreement” in the Original Agreement shall continue to refer to the date of the
Original Agreement. 
 6.    Applicable Law; Consent to Jurisdiction. This amendment shall be governed by, and
construed in accordance with, the internal laws of the State of New York without regard to the principles of conflicts of laws. Each party hereby irrevocably submits to the non-exclusive jurisdiction of the
state and federal courts sitting in the City of New York, borough of Manhattan, for the adjudication of any dispute hereunder or in connection with any transaction contemplated hereby, and hereby irrevocably waives, and agrees not to assert in any
suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient forum or that the venue of such suit, action or proceeding is improper.
Each party hereby irrevocably waives personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof (certified or registered mail, return receipt requested) to such party at the
address in effect for notices to it under this amendment and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process
in any manner permitted by law. 







 7.    Waiver of Jury Trial. The Company and HCW each hereby
irrevocably waives any right it may have to a trial by jury in respect of any claim based upon or arising out of this amendment or any transaction contemplated hereby. 

8.    Counterparts. This amendment may be executed in two or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the same instrument. Delivery of an executed amendment by one party to the other may be made by facsimile transmission. 

[Remainder of Page Intentionally Blank] 

  
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 If the foregoing correctly sets forth the understanding among the Company and HCW, please so
indicate in the space provided below for that purpose, whereupon this letter shall constitute a binding amendment to the Original Agreement between the Company and HCW. 

Very truly yours, 
  

			
	SAVARA, INC.
		
	By:	 	/s/ Dave Lowrance
	Name: Dave Lowrance
	Title: Chief Financial Officer


  

			
	H.C. WAINWRIGHT & CO. LLC
		
	By:	 	/s/ Mark W. Viklund
	Name: Mark W. Viklund
	Title: Chief Executive Officer



  
 [Signature page to
Amendment No. 1 to Common Stock Issuance Sales Agreement]