Document:

Exhibit 10.6

 

 

FORM OF INDEMNIFICATION AGREEMENT

 

between

 

[name]

as the Indemnitee

 

and

 

Centogene N.V.

as the Company

 

1

 

TABLE OF CONTENTS

 

	
1
    	
DEFINITIONS AND INTERPRETATION
    	
3
    
	
 
    	
 
    	
 
    
	
1.1
    	
Definitions
    	
3
    
	
1.2
    	
Interpretation
    	
4
    
	
 
    	
 
    	
 
    
	
2
    	
INDEMNIFICATION AND INSURANCE
    	
5
    
	
 
    	
 
    	
 
    
	
2.1
    	
Entitlement to   indemnification
    	
5
    
	
2.2
    	
Advancements
    	
5
    
	
2.3
    	
Limitations
    	
5
    
	
2.4
    	
Determination of   entitlement to indemnification and advancements
    	
6
    
	
2.5
    	
Proceedings
    	
7
    
	
2.6
    	
D&O Insurance
    	
7
    
	
 
    	
 
    	
 
    
	
3
    	
MISCELLANEOUS PROVISIONS
    	
8
    
	
 
    	
 
    	
 
    
	
3.1
    	
Notices
    	
8
    
	
3.2
    	
Entire agreement
    	
8
    
	
3.3
    	
No implied waiver
    	
8
    
	
3.4
    	
Third party   stipulations
    	
8
    
	
3.5
    	
Amendment
    	
8
    
	
3.6
    	
Invalidity
    	
9
    
	
3.7
    	
No rescission or   nullification
    	
9
    
	
3.8
    	
No transfer, assignment   or encumbrance
    	
9
    
	
3.9
    	
Term and termination
    	
9
    
	
 
    	
 
    	
 
    
	
4
    	
GOVERNING LAW AND JURISDICTION
    	
10
    
	
 
    	
 
    	
 
    
	
4.1
    	
Governing law
    	
10
    
	
4.2
    	
Jurisdiction
    	
10
    

 

2

 

INDEMNIFICATION AGREEMENT

 

THIS AGREEMENT IS MADE ON [DATE] BETWEEN

 

1.                                     Mr[s]. [name], born in [place] on [date] (the “Indemnitee”).

 

2.                                     Centogene N.V., a public company with limited liability, having its corporate seat in Amsterdam (address: Am Strande 7, 18055 Rostock, Germany, trade register number: 72822872) (the “Company”).

 

WHEREAS

 

A.                                   The Company’s articles of association contain an indemnification arrangement for, amongst others, current and former Managing Directors and Supervisory Directors.

 

B.                                   The Indemnitee serves as a [Managing Director][Supervisory Director].

 

C.                                   The Parties now wish to enter into this Agreement in order to lay down the terms applicable to the Indemnitee’s indemnification.

 

THE PARTIES NOW HEREBY AGREE AS FOLLOWS

 

1                                        DEFINITIONS AND INTERPRETATION

 

1.1                              Definitions

 

1.1.1                    In this Agreement the following definitions shall apply:

 

	
Agreement
    	
 
    	
This indemnification agreement.
    
	
 
    	
 
    	
 
    
	
Article
    	
 
    	
An article of this Agreement.
    
	
 
    	
 
    	
 
    
	
D&O Insurance
    	
 
    	
Directors and officers liability insurance.
    
	
 
    	
 
    	
 
    
	
Disinterested Director
    	
 
    	
Any Supervisory Director who is not, and has not   been, involved in a Proceeding in respect of which the Indemnitee’s   entitlement to indemnification and/or advancements should be determined   pursuant to Article 2.4.1 under a.
    
	
 
    	
 
    	
 
    
	
Independent Counsel
    	
 
    	
An attorney or a firm of attorneys which:
    

 

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a.                            is   experienced in matters of corporate law in the appropriate jurisdiction(s);

 

b.                            during   a period of one year prior to being requested to determine the Indemnitee’s   entitlement to indemnification and/or advancements pursuant to   Article 2.4.1 under b., has not represented any party involved in a   Proceeding in a manner which is material to either Party; and

 

c.                             under   the applicable standards of professional conduct then prevailing, would not   have a conflict of interests in representing either Party in determining the   Indemnitee’s entitlement to indemnification and/or advancements pursuant to   Article 2.4.1 under b.
    
	
 
    	
 
    	
 
    
	
Management Board
    	
 
    	
The Company’s management board.
    
	
 
    	
 
    	
 
    
	
Managing Director
    	
 
    	
A member of the Management Board.
    
	
 
    	
 
    	
 
    
	
Party
    	
 
    	
A party to this Agreement.
    
	
 
    	
 
    	
 
    
	
Proceeding
    	
 
    	
Any threatened, pending or completed suit, claim,   action or legal proceedings of a civil, criminal, administrative,   investigative or other nature, formal or informal, in which the Indemnitee   is, or becomes, involved.
    
	
 
    	
 
    	
 
    
	
Supervisory Board
    	
 
    	
The Company’s supervisory board.
    
	
 
    	
 
    	
 
    
	
Supervisory Director
    	
 
    	
A member of the Supervisory Board.
    

 

1.2                              Interpretation

 

1.2.1                    Terms that are defined in the singular have a corresponding meaning in the plural.

 

1.2.2                    No provision of this Agreement shall be interpreted adversely against a Party solely because that Party was responsible for drafting that particular provision.

 

1.2.3                    Although this Agreement has been drafted in the English language, this Agreement pertains to Dutch legal concepts. Any consequence of the use of English words and expressions 

 

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in this Agreement under any law other than Dutch law shall be disregarded.

 

1.2.4                    The word “including” is used to indicate that the matters listed are not a complete enumeration of all matters covered.

 

1.2.5                    The titles and headings in this Agreement are for construction purposes as well as for reference. No Party may derive any rights from such titles and headings.

 

2                                        INDEMNIFICATION AND INSURANCE

 

2.1                              Entitlement to indemnification

 

2.1.1                    The Company shall indemnify the Indemnitee and hold the Indemnitee harmless against:

 

a.                                     any financial losses or damages incurred by the Indemnitee; and

 

b.                                     any expense reasonably paid or incurred by the Indemnitee in connection with any Proceeding,

 

in each case to the extent this relates to the Indemnitee’s current (or former) position as [Managing Director][Supervisory Director] and to the extent permitted by applicable law.

 

2.1.2                    The right to indemnification conferred in Article 2.1.1 shall continue as to the Indemnitee who has ceased to hold office as [Managing Director][Supervisory Director] and shall inure to the benefit of the Indemnitee’s heirs, executors and administrators.

 

2.2                              Advancements

 

2.2.1                    The Company shall promptly advance all reasonable and necessary expenses incurred by the Indemnitee in connection with any Proceeding to the extent that the Company reasonably believes that the Indemnitee is entitled to indemnification pursuant to Articles 2.1.1 and 2.3.1 in connection with such Proceeding, subject to the Indemnitee submitting an itemised advance request to the Company.

 

2.2.2                    To the extent that the Company has provided advancements pursuant to Article 2.2.1 in connection with a Proceeding in respect of which the Indemnitee is not entitled to indemnification pursuant to Articles 2.1.1 and 2.3.1, such advancements shall promptly be reimbursed by the Indemnitee.

 

2.3                              Limitations

 

2.3.1                    No indemnification shall be given to the Indemnitee:

 

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a.                                     if a competent court or arbitral tribunal has established, without possibility for appeal, that the acts or omissions of the Indemnitee that led to the financial losses, damages, expenses or Proceeding are of an unlawful nature (including acts or omissions which are considered to constitute malice, gross negligence, intentional recklessness and/or serious culpability attributable to the Indemnitee);

 

b.                                     to the extent that the Indemnitee’s financial losses, damages and expenses are covered under insurance (including any applicable D&O Insurance) and the relevant insurer has settled, or has provided reimbursement for, these financial losses, damages and expenses (or has irrevocably undertaken to do so);

 

c.                                      in relation to proceedings brought by the Indemnitee against the Company, except for proceedings brought to enforce indemnification to which the Indemnitee is entitled pursuant to this Agreement, the Company’s articles of association or any D&O Insurance taken out by the Company for the benefit of the Indemnitee; or

 

d.                                     for any financial losses, damages or expenses incurred in connection with a settlement of any Proceeding effected without the Company’s prior consent.

 

2.4                              Determination of entitlement to indemnification and advancements

 

2.4.1                    If the Indemnitee wishes to claim indemnification and/or advancements pursuant to Articles 2.1 and 2.2, the Indemnitee shall submit a request to that effect to the Company. Upon receipt of such request, the Indemnitee’s entitlement to indemnification and/or advancements pursuant to Articles 2.1 and 2.2 shall be determined by any of the following (at the election of the Company):

 

a.                                     so long as there are Disinterested Directors, either by majority vote of all Disinterested Directors or by majority vote of a committee composed exclusively of Disinterested Directors, provided that such committee is established by majority vote of all Disinterested Directors; or

 

b.                                     Independent Counsel in a written opinion delivered to each Party.

 

2.4.2                    If the Company decides to request Independent Counsel to make the determination referred to in Article 2.4.1, the Company shall notify the Indemnitee of the identity of the Independent Counsel selected by it. The Indemnitee may, within one week, notify the Company of its objection to the Independent Counsel selected by the Company, but only on the grounds that the relevant attorney or firm of attorneys does not meet the criteria of the definition of “Independent Counsel”. In case of such objection being timely made and deemed well-founded by the Company, the Company shall select a different Independent

 

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Counsel and the previous two sentences apply mutatis mutandis in respect of such selection. The Company shall pay all fees and other expenses associated with the retention and services of Independent Counsel to make the determination referred to in Article 2.4.1.

 

2.4.3                    The Company shall exert all reasonable efforts to cause any determination required under Article 2.4.1 to be made as promptly as practicable after the Indemnitee has submitted its initial request for indemnification and/or advancements pursuant to Articles 2.1 and 2.2 and the Indemnitee shall fully cooperate with the person(s) making such determination.

 

2.5                              Proceedings

 

2.5.1                    The Indemnitee shall promptly notify the Company upon receipt of any complaint, demand letter, writ of summons or other indication that a Proceeding is being threatened or is forthcoming.

 

2.5.2                    The Indemnitee shall allow the Company to participate in any Proceeding and to assume the defence thereof in such manner as the Company deems appropriate, with counsel selected by the Company and reasonably satisfactory to the Indemnitee, provided that:

 

a.                                     the Company must conduct any such defence in good faith and in a diligent manner; and

 

b.                                     the Company shall not, without the Indemnitee’s prior consent, allow or condone any judgment or award against the Indemnitee nor enter into any settlement or compromise pursuant to which non-monetary obligations or penalties (including incarceration) would be imposed on the Indemnitee and/or monetary obligations would be imposed on the Indemnitee which would not be indemnified in full pursuant to Articles 2.1.1 and 2.3.1.

 

2.6                              D&O Insurance

 

2.6.1                    The Company shall take out and maintain adequate D&O Insurance for the benefit of the Indemnitee for as long as the Indemnitee serves as a Managing Director, subject to the acceptance of the Indemnitee under the conditions by the insurer concerned.

 

2.6.2                    The premiums payable for D&O Insurance covering the Indemnitee as an insured shall be borne by the Company.

 

7

 

3                                        MISCELLANEOUS PROVISIONS

 

3.1                              Notices

 

3.1.1                    All notices given under this Agreement shall be given or made by electronic means of communication or in writing and, in the latter case, shall be sent by courier service or by registered mail (with a copy of such notice or request being sent in advance by electronic means of communication).

 

3.1.2                    All notices given under this Agreement to a Party which are sent by courier or by registered mail shall be sent:

 

a.                                     if to the Indemnitee, to the address as on file with the Company at that time; and

 

b.                                     if to the Company, to address as registered with the Dutch trade registry at that time, for the attention of the Management Board.

 

3.1.3                    All notices given under this Agreement to a Party by electronic means of communication shall be sent:

 

a.                                       if to the Indemnitee, to: [e-mail address]

 

b.                                       if to the Company, to: [e-mail address]

 

3.2                              Entire agreement

 

3.2.1                    This Agreement gives effect to the indemnification arrangements contained in the Company’s articles of association and replaces and supersedes any existing indemnification agreement between the Parties.

 

3.3                              No implied waiver

 

3.3.1                    Nothing shall be construed as a waiver under this Agreement unless a document to that effect has been signed by the Parties or a notice to that effect has been given.

 

3.3.2                    The failure of a Party to exercise or enforce any right under this Agreement shall not constitute a waiver of the right to exercise or enforce such right in the future.

 

3.4                              Third party stipulations

 

3.4.1                    This Agreement does not grant any rights to any third party (derdenbedingen), including for the avoidance of doubt any insurer.

 

3.5                              Amendment

 

3.5.1                    No amendment to this Agreement shall have any force or effect unless it is in writing and

 

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signed by both Parties.

 

3.6                              Invalidity

 

3.6.1                    In the event that a provision of this Agreement is null and void or unenforceable (either in whole or in part):

 

a.                                      the remainder of this Agreement shall continue to be effective to the extent that, given the substance and purpose of this Agreement, such remainder is not inextricably related to the null and void or unenforceable provision; and

 

b.                                      the Parties shall make every effort to reach agreement on a new provision which differs as little as possible from the null and void or unenforceable provision, taking into account the substance and purpose of this Agreement.

 

3.7                              No rescission or nullification

 

3.7.1                    To the extent permitted by law, the Parties waive their rights to rescind or nullify or to demand the rescission, nullification or amendment of this Agreement, in whole or in part, on any grounds whatsoever.

 

3.8                              No transfer, assignment or encumbrance

 

3.8.1                    No Party may transfer, assign or encumber its contractual relationship, any of its rights or any of its obligations under this Agreement.

 

3.9                              Term and termination

 

3.9.1                    This Agreement shall remain in effect until and terminate at the latest of the following dates:

 

a.                                     the expiration of the statute of limitations applicable to any claim that could be asserted against the Indemnitee with respect to which the Indemnitee would be entitled to indemnification under this Agreement; or

 

b.                                     ten years after the date that the Indemnitee has ceased to serve as a [Managing Director][Supervisory Director]; or

 

c.                                      if, at the later of the dates referred to in paragraphs a. and b. above, there would be an actual or pending Proceeding in respect of which the Indemnitee would be entitled to indemnification under this Agreement or there is an actual or pending Proceeding in connection with this Agreement, one year after the competent court or

 

9

 

arbitral tribunal has finally adjudicated such Proceeding, without possibility for appeal.

 

4                                        GOVERNING LAW AND JURISDICTION

 

4.1                              Governing law

 

4.1.1                    This Agreement shall be governed by and construed in accordance with the laws of the Netherlands.

 

4.2                              Jurisdiction

 

4.2.1                    The Parties agree that any dispute in connection with this Agreement or any agreement resulting therefrom shall be submitted to the exclusive jurisdiction of the competent court in Amsterdam, the Netherlands.

 

(signature page follows)

 

10

 

Signature page to the indemnification agreement

 

	
 
    	
 
    
	
[name Indemnitee]
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
Centogene   N.V.
    	
 
    
	
Name
    	
: Arndt Rolfs
    	
 
    
	
Title
    	
: CEO
    	
 
    

 

11Exhibit 10.7

 

English Summary

 

Property Sale Agreement

 

This Property Sale Agreement (hereinafter referred to as the “Property Sale Agreement”) is entered into on June 28, 2019 by and between:

 

The Seller: Centogene AG (the “Company”), a company incorporated in accordance with the laws of the Federal Republic of Germany with a registered address at Am Strande 7, 18055 Rostock, Germany

 

And

 

The Buyer:  Ludewig-Wasserbau- und Werft-GmbH, a German private limited liability company with a registered address at Am Strande 7, 18055, Rostock, Germany.

 

1.              Subject Matter of the Sale

 

Sale of developed property located in Rostock, Germany. The property is sold with all essential components and all accessories, including buildings, facilities, plantations and equipment, all of which are owned by the Seller.

 

2.              Specifics of the Property

 

The property sold by the Seller is located at Am Strande 7, Rostock, Germany and encompasses an area of 4.480 m2. It is registered in the land registry of Rostock, Germany as parcels 1424/89, 1424/87, 1425/48, 1433/1, 2/4 and 2/5 (hereinafter referred to as the “Property”).

 

3.              Excluded Equipment

 

Movable objects located on the Property are only included in the Property Sale Agreement, as far as they are part, or accessories of, the Property and are owned by the Seller. All laboratory and office equipment as well as all other furnishings in the building located on the Property are expressly not included in the Property Sale Agreement and remain the property of the Seller.

 

4.              Consideration

 

The Buyer promises to pay €24,000,000.00 to the Seller for the sale of the Property, of which  €1,550,000.00 is attributed to the land and €22,450,000.00 to the building situated on the Property. The purchase price is due within 14 days after the notary’s confirmation to the Buyer that all the conditions precedent to the sale have been met.

 

5.              Sales Taxes

 

The transfer of the Property is exempt from value added tax (“VAT”) for the Seller pursuant to Section 4 No. 9(a) of the German Value Added Tax Act (Umsatzsteuergesetz —  UStG), as the sale falls under the German Real Estate Tax Act (Grunderwerbssteuergesetz — GrEStG). The Seller elected to waive the exemption pursuant to Section 9 Paragraph 1 in connection to Section 4 No. 9 a) of the German Value Added Tax Act. According to Section 13(b)(2) no. 3 and 5 UStG, the Buyer owes the VAT. The Buyer is entitled to deduct VAT pursuant to Section 15 Paragraph 1 Sentence 1 No. 4 of the German Value Added Tax Act.

 

6.              Transfer of Ownership

 

The transfer of ownership is deemed to have taken place the first of the month following the due date of the purchase price and on full payment and receipt of the consideration in the bank

 

 

account of the Seller or the bank accounts of the creditors replacing the Seller (the “Reference Date”).

 

7.              Lease of the Property

 

Conditional upon the occurrence of the Reference Date, the Buyer and the Seller have separately entered into a lease agreement for the laboratory and office building located on the Property (the “Lease Agreement”).

 

8.              Right of Withdrawal

 

The Buyer has a right of withdrawal from the Property Sale Agreement until March 31, 2020. The right of withdrawal shall be exercised by written notice to the Seller. The Seller is entitled at any time, by unilateral written notice to waive the right of withdrawal.

 

9.              Exemption from Third Party Claims

 

a)             The Seller has received funding from the State Development Institute of Mecklenburg-Western Pomerania (Landesförderinstitut Mecklenburg-Vorpommern) (the “State Development Institute”) for the acquisition of the land, the construction of the building and the purchase of the equipment for the laboratories and offices according to a funding decision dated November 3, 2015 as amended on October 29, 2018 (“Development Funds”).

 

b)             The Seller guarantees that for the Development Funds received, all necessary proof of use has been provided in full and on time and that with respect to the use of the subsidies, there are no pending requirements or demands from the State Development Institute.

 

c)              The Buyer undertakes to assume joint and several liability for the repayment of the Development Funds in accordance with the requirements of the State Development Institute.

 

d)             The Seller agrees to release the Buyer from any claims of the State Development Institute regarding the repayment of Development Funds or any promotional loans.

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