Document:

Exhibit 10.31

 

Amendment to the convertible loan agreement
dated October 24, 2019 

 

between

 

Mr. Dietmar Hopp, Johann-Jakob-Astor-Str.
  57, 69190 Walldorf

also referred to as the lender

 

and

 

CureVac AG, Paul-Ehrlich-Straße 15,
72076

also referred to as the "borrower"

 

Preliminary remark 

 

The Borrower intends to conduct a financing round in the short
term and subsequently, after a restructuring process in which all shares of CureVac AG will be contributed to a Dutch company (CureVac
NV), to conduct an initial public offering on the Nasdaq. The Borrower must maintain liquidity of at least EUR 60 million in preparation
for the IPO.  

 

Although the conditions for disbursement according to section
1.2 of the convertible loan are not fulfilled, the lender is prepared to make the necessary funds available on condition that the
lender is free to decide whether the loan is to be repaid or exchanged for shares in the borrower.

 

That being said, the parties agree on the following:

 

		1.	Loan tranches pursuant to Section 1.2 of the Convertible Loan may be drawn down regardless of whether the cash balance of the
Borrower falls below 15 million Euro.

 

		2.	If the Lender terminates the Convertible Loan pursuant to Section 4.2 (i) or the Borrower terminates the Convertible Loan pursuant
to Section 4.4, CureVac is entitled and - if sufficient liquid funds are available - obliged to repay the Convertible Loan within
4 weeks.  

 

		3.	The other provisions of the convertible loan remain unchanged.

 

	/s/Dietmar Hopp	 	/s/ Curevac AG
	Dietmar Hopp	 	CureVac AG
	 	 	June 25, 2020Exhibit 10.32

  

REDACTED

 

 Certain identified
information, indicated by [*****], has been excluded from the exhibit because it is both (i) not material
and (ii) would likely cause competitive harm if publicly disclosed.

 

CONFIDENTIAL

 

 

FIRST AMENDMENT TO

 

COLLABORATION

 

AND LICENSE

 

AGREEMENT

 

Dated 19 December 2019

 

BETWEEN

 

GENMAB B.V.

 

AND

 

CUREVAC AG

 

    	 

     

    

 

CONFIDENTIAL

 

FIRST
AMENDMENT TO COLLABORATION AND LICENSE AGREEMENT

 

This FIRST AMENDMENT TO
COLLABORATION AND LICENSE AGREEMENT ("First Amendment") is made the 2nd day of July 2020 ("First
Amendment Effective Date"), by and between:

 

Genmab B.V., KvK
no. 3016 9902, a Dutch corporation having its principal office at Uppsalalaan 15, 3584 CM Utrecht, the Netherlands ("Genmab");
and

 

CureVac AG, a German
corporation having its principal office at Paul-Ehrlich-Strasse 15, 72076 T0bingen, Germany ("CureVac").

 

(Genmab and CureVac are
sometimes hereinafter referred to collectively as the "Parties" or individually as a "Party")

 

RECITALS:

 

		A.	Genmab and CureVac entered into a Collaboration
                                         and License Agreement dated 19 December 2019 (the "Agreement");
                                         and

 

		B.	Under the Agreement the Parties committed
                                         to negotiate and enter into a clinical supply agreement within [*****] after the Effective Date of the Agreement.

 

		C.	Genmab and CureVac would like to extend
                                         the term for entering into such clinical supply agreement.

 

NOW, THEREFORE, in consideration
of the premises and the mutual covenants and agreements herein contained, and for good and valuable consideration the receipt
and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree to the following:

 

		1.	Except
                                         as otherwise defined herein, the words and phrases in the Agreement shall have the same
                                         meaning in this First Amendment.

 

		2.	The first sentence of Section 6.2
                                         of the Agreement is hereby deleted in its entirety and replaced with the following:

 

"6.2. No
later than [*****] the Parties will enter into a clinical
supply agreement and related agreements (including a quality agreement) according to which CureVac shall Manufacture
or have Manufactured for Genmab by an approved subcontractor under Section 5.11
or by a GMO approved by
Genmab, and will supply or have supplied to Genmab, Genmab's demand for the Single Antibody Product which is the subject of
the First Program Research Plan (whether related to the First Collaboration Target or any Replacement Target) to perform
Clinical Phase I Studies ("Early Clinical Supply Agreement"). [.. .]"

 

For avoidance
of doubt, the remainder of Section 6.2 of the Agreement shall remain in effect unchanged.

 

		3.	This First Amendment shall be subject to the same governing
                                         law as set forth in Section 17.4 of the Agreement.

 

		4.	Save
                                         as set forth in this First Amendment, all other terms and conditions of the Agreement
                                         shall remain in full force and effect.

 

    	 	1	 

     

    

 

CONFIDENTIAL

 

		5.	This
                                         First Amendment may be signed in any number of counterparts with the same effect as
                                         if the signatures to each counterpart were upon a single instrument, and all such counterparts
                                         together shall be deemed an original of this First Amendment. 

 

IN WITNESS WHEREOF, the Parties hereto
have caused this First Amendment to be executed and delivered as of the First Amendment Effective Date.

 

	Genmab B.V.	 	CureVac AG
	 	 	 	 	 
	 	 	 	 	 
	By:	/s/ Birgitte Stephensen	 	By:	/s/ Daniel Babka
	 	 	 	 	2020.07.06
	 	 	 	 	 
	Name:	Birgitte Stephensen	 	Name:	/s/ Heike Wagenaar
	 	 	 	 	2020.07.06
	 	 	 	 	 
	Title:	Senior Vice President,	 	Title:	 
	 	IPR & Legal of Genmab A/S	 	 	 
	 	Authorized representative of Genmab B.V.	 	 	 

 

 

    	 	2Exhibit 10.33

 

	 	Execution
    Version
	 	Collaboration
    and License Agreement

 

REDACTED

 

Certain
identified information, indicated by [*****], has been excluded from the exhibit because it is both (i) not
material and (ii) would likely cause competitive harm if publicly disclosed.

 

 

 

 

Collaboration
and LICENSE Agreement

 

 

 

 

dated

 

15
July, 2020

 

by and between

 

Curevac
AG

 

and

 

GLAXOSMITHKLINE BIOLOGICALS SA

 

     

     

    

 

Table of Contents

 

	1.	DEFINITIONS	5
	 	 	 
	2.	LICENSES; EXCLUSIVITY	26
	 	 	 
	3.	PRODUCT ADJUSTMENTS; REPLACEMENT RIGHT; EXCLUSIVE
    OPTION	32
	 	 	 
	4.	RESEARCH AND DEVELOPMENT COLLABORATION	37
	 	 	 
	5.	MANUFACTURING AND COMMERCIALIZATION	44
	 	 	 
	6.	COMMERCIALIZATION OF PRODUCTS IN THE CUREVAC
    TERRITORY	46
	 	 	 
	7.	GOVERNANCE	47
	 	 	 
	8.	CONSIDERATION AND PAYMENTS	51
	 	 	 
	9.	INTELLECTUAL PROPERTY	58
	 	 	 
	10.	ENFORCEMENT AND DEFENSE	63
	 	 	 
	11.	CONFIDENTIALITY	66
	 	 	 
	12.	COMPLIANCE, QUALITY, INTEGRITY	70
	 	 	 
	13.	INDEMNIFICATION AND REPRESENTATIONS AND WARRANTIES	74
	 	 	 
	14.	TERM AND TERMINATION	78
	 	 	 
	15.	CONSEQUENCES OF TERMINATION	79
	 	 	 
	16.	GENERAL PROVISIONS	84

 

     

     

    

 

Exhibits

 

	Exhibit 1.27	List of Collaboration Pathogens
    and Products
	 	 
	Exhibit 1.41	CureVac Know How
	 	 
	Exhibit 1.47	CureVac Patent Rights
	 	 
	Exhibit 1.67	Excluded Pathogens
	 	 
	Exhibit 1.109	In-Licensing Agreements
	 	 
	Exhibit 2.1.2 Part A	[*****]
	 	 
	Exhibit 2.1.2 Part B	Licensed LNPs
	 	 
	Exhibit 2.1.4	[*****]
	 	 
	Exhibit 3.4	Clearance Template
	 	 
	Exhibit 3.5.2	Reserved Antigens
	 	 
	Exhibit 4.1	First Product R&D Plan
	 	 
	Exhibit 4.2	Second Product R&D Plan
	 	 
	Exhibit 4.3	Other Products R&D Plans
	 	 
	Exhibit 5.2.1	Key Supply Terms
	 	 
	Exhibit 6.2	Key Distribution Terms
	 	 
	Exhibit 8.7.5	Third Party Offset
	 	 
	Exhibit 11.6	Draft Press Release
	 	 
	Exhibit 12.5	Data Protection
	 	 
	Exhibit 13.4	Disclosure Letter
	 	 
	Exhibit 15.4	Post-Termination Royalties

 

    	 	 	3

     

    

 

COLLABORATION AND LICENSE AGREEMENT

 

This Collaboration and License Agreement
("Agreement") is entered into on 15 July, 2020 ("Effective Date")

 

BY AND BETWEEN

 

CUREVAC
AG, a German cooperation with offices at Friedrich-Miescher-Str. 15, 72076 Tübingen, Germany ("CureVac");

 

AND

 

GLAXOSMITHKLINE
BIOLOGICALS SA, a Belgium corporation with offices at Rue de l'Institut 89, 1330 Rixensart, Belgium ("GSK").

 

INTRODUCTION

 

		A.	WHEREAS, CureVac is a biotechnology
                                         company that is a pioneer and technology leader in mRNA-based prophylactic and therapeutic
                                         approaches and discovers, designs and develops first-in-class mRNA therapies for the
                                         prevention and treatment of diseases with unmet medical need.

 

		B.	WHEREAS, GSK is a world leading global
                                         healthcare company developing, manufacturing and commercializing innovative pharmaceuticals,
                                         vaccines and consumer healthcare products worldwide.

 

		C.	WHEREAS, GSK will make an equity investment
                                         into CureVac pursuant to the terms of the investment and shareholders agreement on or
                                         around the date of this Agreement (the "Equity Investment").

 

		D.	WHEREAS, the Parties wish to collaborate
                                         in the research, development and commercialization of prophylactic and therapeutic non-replicating
                                         mRNA based vaccines and antibodies targeting infectious disease pathogens.

 

NOW THEREFORE, in consideration of the
foregoing premises and the following mutual covenants and other good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the Parties agree as follows:

 

    	 	 	4

     

    

 

		1.	DEFINITIONS.

 

For purposes of this Agreement,
the following capitalized terms shall have the following meanings, whether used in the singular or plural:

 

		1.1	"Affiliate"
                                         shall mean any corporation or other entity that controls, is controlled by, or is
                                         under common control with a Party. A corporation or other entity will be regarded as
                                         under the control of another corporation or entity if the latter corporation or entity
                                         owns or directly or indirectly controls fifty percent (50%) or more of the voting stock
                                         or other ownership interest of the former corporation or other entity, or if the latter
                                         corporation or entity possesses, directly or indirectly, the power to direct or cause
                                         the direction of the management and policies of the former corporation or other entity
                                         or the power to elect or appoint fifty percent (50%) or more of the members of the governing
                                         body of the former corporation or other entity, provided, however, that regarding CureVac,
                                         Affiliate shall not include Mr. Dietmar Hopp, dievini Hopp BioTech holding GmbH &
                                         Co.KG and/or any other companies controlled by Mr. Dietmar Hopp and/or dievini Hopp BioTech
                                         holding GmbH & Co.KG that are not subsidiaries of CureVac.

 

		1.2	"Agreement"
                                         shall have the meaning set forth in the Preamble.

 

		1.3	"Alliance
                                         Manager" shall have the meaning set forth in Section 7.1.1.

 

		1.4	"Ancillary
                                         Agreement" shall mean any of the following agreement between the Parties
                                         (or their respective Affiliates): any Clinical Supply Agreement; any Commercial Supply
                                         Agreement; any Distribution Agreement; any Quality Agreement and any pharmacovigilance
                                         agreement.

 

		1.5	"Antibody"
                                         shall mean a molecule, defined by its amino acid sequence, including an engineered
                                         molecule that comprises [*****].

 

		1.6	"Antibody
                                         Combination"  shall mean a combination of [*****] Antibodies and so binding
                                         to a maximum of [*****] distinct Antigens.

 

		1.7	"Antigen"
                                         shall mean any antigen, defined by its amino acid sequence, associated with a Pathogen,
                                         together with all Antigen Variants thereof.

 

		1.8	"Antigen
                                         Variant" shall mean any variant of an Antigen, including the wild type,
                                         naturally occurring variants, engineered variants wherein modifications to the native
                                         amino acid sequence have been introduced (for example, mutated versions, derivatives
                                         or fragments), provided, however, that any such variant possesses substantially similar
                                         biological activity to the naturally occurring antigen.

 

		1.9	"Antigen/Antibody
                                         List Rep" shall have the meaning set forth in Section 3.4.

 

		1.10	"Applicable
                                         Laws" shall mean all applicable provisions of all national, supranational, regional,
                                         state and local, laws, treaties, statutes, rules, regulations, directives, administrative
                                         codes, ordinances, decrees, orders, decisions, guidance documents, injunctions, awards,
                                         judgments, and permits of or from any court, arbitrator, stock exchange, regulatory authority
                                         or governmental authority having jurisdiction over or related to the subject item.

 

    	 	 	5

     

    

 

		1.11	"Assigned
                                         Invention" shall have the meaning set forth in Section 9.4.

 

		1.12	"Background
                                         Technology" shall mean the CureVac Background Technology and/or GSK Background
                                         Technology, as applicable.

 

		1.13	"Brand
                                         IP" shall mean any and all rights and privileges in trade names, domain
                                         names, brand names, product names, logos and trade dress (and the goodwill of any business
                                         symbolized thereby), including trademarks, service marks, copyrights and design rights
                                         for any of the above, and any similar intellectual property right recognized from time
                                         to time in any jurisdiction, as well as any and all registrations, applications, recordings
                                         and other legal protections to the foregoing.

 

		1.14	"Breaching
                                         Party" shall have the meaning set forth in Section 14.4.

 

		1.15	"Business
                                         Day" shall mean any day other than Saturday, Sunday, or any day that banks are
                                         authorized or required to be closed in Tübingen, Germany or Rixensart, Belgium.

 

		1.16	"Calendar
                                         Quarter" shall mean each successive period of three (3) months ending on
                                         March 31, June 30, September 30 and December 31 of each Calendar
                                         Year; provided, that the first Calendar Quarter under this Agreement will be the period
                                         beginning on the Closing Date and ending on the end of the Calendar Quarter in which
                                         the Closing Date is encompassed and the last Calendar Quarter of the Term will be the
                                         period beginning on January 1, April 1, July 1 or October 1, as applicable,
                                         and ending on the effective date of expiry or termination of this Agreement, and "Calendar
                                         Quarterly" shall be construed accordingly.

 

		1.17	"Calendar
                                         Year" shall mean each successive period of twelve (12) months commencing on
                                         January 1 and ending on December 31; provided, however, that the first
                                         Calendar Year under this Agreement will be the period beginning on the Closing Date and
                                         ending on the end of the Calendar Year in which the Closing Date is encompassed and the
                                         last Calendar Year of the Term will be the period beginning on January 1 and ending
                                         on the effective date of expiry or termination of this Agreement.

 

		1.18	"Clearance
                                         Template" shall have the meaning set forth in Section 3.4.

 

    	 	 	6

     

    

 

		1.19	"Change
                                         of Control" shall mean a transaction in which a Party (or any direct or indirect
                                         shareholder(s), unitholder(s) or partner(s) together holding (directly or indirectly)
                                         over fifty percent (50%) of the voting rights attached to the shares, units or partnership
                                         interests in a Party): (i) sells, conveys or otherwise disposes of all or substantially
                                         all of the Party’s (or their indirect interest(s) in the Party’s) property,
                                         assets or business; or (ii) merges or consolidates with any other entity; or (iii) effects
                                         any other transaction or series of transactions; in each case of clause (ii) or
                                         (iii), such that the ultimate direct or indirect shareholder(s), unitholder(s) or
                                         partner(s)of such Party immediately prior thereto, in aggregate, no longer own, directly
                                         or indirectly, beneficially or legally, either (a) more than fifty percent (50%)
                                         or (b) in the case of an initial public offering on a Recognized Stock Exchange,
                                         more than thirty percent (30%), of the voting rights attached to the outstanding voting
                                         securities or capital stock of the surviving entity following the closing of such merger,
                                         consolidation, other transaction or series of transactions. For the avoidance of doubt,
                                         "Change of Control" shall not mean a transaction which, in the case of paragraph
                                         (ii) or (iii), results in a person owning, directly or indirectly, beneficially
                                         or legally, more than fifty percent (50%) of the voting rights attached to the outstanding
                                         voting securities or capital stock of the surviving entity and where there is an agreement
                                         or arrangement between that person (or any of its direct or indirect shareholders, unitholders
                                         or partners) and the relevant Party (or any of its direct or indirect shareholders, unitholders
                                         or partners) to reverse the effects of this transaction or to implement a further transaction
                                         so that the ultimate shareholders, unitholders or partners of the relevant Party immediately
                                         prior thereto will again own, directly or indirectly, beneficially or legally, more than
                                         fifty percent (50%) of the voting rights attached to the outstanding voting shares, units
                                         or partnership interests of the relevant Party or surviving entity.

 

		1.20	"Clinical
                                         Phase I Study" shall mean a study in humans which provides for the first administration
                                         to humans of a product, conducted in healthy volunteers or patients to obtain information
                                         on product safety, tolerability, pharmacological activity or pharmacokinetics, as more
                                         fully defined in 21 C.F.R. § 312.21(a) or the non-United States equivalent
                                         thereof. For the avoidance of doubt, a Clinical Phase I Study may generate sufficient
                                         data (if successful) to commence pivotal studies/Clinical Phase III Studies, but it shall
                                         not constitute a Clinical Phase II Study.

 

		1.21	"Clinical
                                         Phase II Study" shall mean a clinical study (other than a Clinical Phase I Study)
                                         in humans of the safety, dose ranging and efficacy of a product, which is prospectively
                                         designed to generate sufficient data (if successful) to commence pivotal studies/Clinical
                                         Phase III Studies, as further defined in 21 CFR §312.21(b) or the non-United
                                         States equivalent thereof.

 

		1.22	"Clinical
                                         Phase III Study" shall mean a controlled, and usually multicenter, clinical
                                         study in humans of the efficacy and safety of a product, which is prospectively designed
                                         to demonstrate statistically whether such product is effective and safe for use in humans
                                         in the indication being investigated in a manner sufficient to submit an application
                                         to obtain Regulatory Approval to market such product, as further defined in 21 CFR §312.21(c) or
                                         the non-United States equivalent thereof.

 

		1.23	"Closing
                                         Date" shall mean the date on which the condition under Section 1.191
                                         is either fulfilled or waived by both Parties.

 

		1.24	"Clinical
                                         Studies" shall mean all Clinical Phase I Studies, Clinical Phase II Studies
                                         and Clinical Phase III Studies, including pivotal studies.

 

		1.25	"CMC
                                         Development" shall mean all research and development activities conducted in
                                         respect of the Manufacture of Products, including chemistry, manufacturing and control
                                         (CMC), creation of master and working cell banks, test method development and stability
                                         testing, process development, manufacturing scale-up, qualification and validation, quality
                                         assurance and quality control processes and techniques.

 

    	 	 	7

     

    

 

		1.26	"CMO"
                                         shall mean a contract manufacturing organization.

 

		1.27	"Collaboration
                                         Pathogen" shall mean a Pathogen other than an Excluded Pathogen in relation
                                         to which the Parties have agreed to seek to Develop a Product under this Agreement (including
                                         any Replacement Product or Optioned Product) for as long as such Product is being Developed
                                         and/or Commercialized under this Agreement. As at the Effective Date of this Agreement,
                                         Collaboration Pathogen shall mean the Pathogens set out in Exhibit 1.27.
                                         For clarity, if GSK replaces a Product pursuant to Section 3.6 or terminates a Program
                                         pursuant to Section 14.2, the Pathogen targeted by such Replaced Product or targeted
                                         under such terminated Program shall no longer be a Collaboration Pathogen, but shall
                                         be an Excluded Pathogen.

 

		1.28	"Combination
                                         Product" shall mean:

 

		(i)	a single pharmaceutical formulation
                                         containing Drug Substances associated with a Product and one or more other therapeutically
                                         or prophylactically active pharmaceutical ingredients [*****];

 

		(ii)	any combination therapy comprised
                                         of a Finished Product and one or more other therapeutically or prophylactically active
                                         products, that is (x) priced and sold in a single package containing such multiple
                                         products; or (y) packaged separately but sold together for a single price; or

 

		(iii)	a product comprised of a Finished
                                         Product and a companion or complementary diagnostic, priced and sold in a single package
                                         containing such multiple products or packaged separately but sold together for a single
                                         price,

 

in each case, including all
dosage forms, formulations, presentations, line extensions, and package configurations.

 

		1.29	"Commercial
                                         Supply Agreement" shall have the meaning given in Section 5.2.2.

 

		1.30	"Commercialization"
                                         shall mean any and all activities directed to the preparation for sale of, offering
                                         for sale of, or sale of a Product, including activities related to marketing, promoting,
                                         distributing, importing and exporting of Products, interacting with Regulatory Authorities
                                         regarding any of the foregoing and medical affairs functions. For the avoidance of doubt,
                                         "Commercialization" shall not include the Manufacture of Products. When used
                                         as a verb, to "Commercialize" and "Commercializing"
                                         shall mean to engage in Commercialization, and "Commercialized" has
                                         a correlative meaning.

 

    	 	 	8

     

    

 

		1.31	"Confidential
                                         Information" shall mean all Know-How, Development Data or other information
                                         of a Party whether or not marked confidential or proprietary, including:

 

		(i)	all communications between the
                                         Parties or information of whatever kind whether recorded or not and, if recorded, in
                                         whatever medium, relating to or arising out of this Agreement, whether disclosed prior
                                         to or after entering into this Agreement; and

 

		(ii)	all copies and excerpts of the
                                         communications, information, notes, reports and documents in whatever form referred to
                                         in paragraph (i) of this definition.

 

For purposes of the confidentiality
obligations set forth herein, (a) GSK Know-How, GSK Materials and GSK Inventions shall be deemed Confidential Information
of GSK; and CureVac Know-How, CureVac Materials and CureVac Inventions shall be deemed Confidential Information of CureVac; (b) Confidential
Information jointly owned by the Parties shall be deemed Confidential Information of both Parties; and (c) the terms and
conditions of this Agreement shall be deemed Confidential Information of both Parties (and both Parties shall be deemed the Receiving
Party with respect thereto). "Confidential Information" also includes all information exchanged between the Parties
pursuant to the Confidentiality Agreement.

 

		1.32	"Confidentiality
                                         Agreement" shall mean that certain Confidential Disclosure Agreement entered
                                         into between the Parties as at January 9, 2020.

 

		1.33	"Control"
                                         shall mean, with respect to any material, information or intellectual property right,
                                         that a Party (i) owns such material, information or intellectual property right;
                                         or (ii) has a license to or right to use or grant access to such material, information
                                         or intellectual property right, in each case of (i) or (ii), without violating the
                                         terms of any agreement or other arrangement with a Third Party.

 

		1.34	"Cover"
                                         shall mean, (i) with respect to a claim of a Patent Right, that such claim would
                                         be infringed, absent a license, by the Development, Manufacture or Commercialization
                                         of a Product, or (ii) with regard to Know-How, that the use or disclosure of such
                                         Know-How without a license would be actionable.

 

		1.35	"CRO"
                                         shall mean a contract research organization or a contract development and manufacturing
                                         organization.

 

		1.36	"CureVac
                                         Alliance Manager" shall have the meaning set forth in Section 7.1.1.

 

		1.37	"CureVac
                                         Background Technology" shall have the meaning set forth in Section 9.1.

 

		1.38	"CureVac
                                         Elements" has the meaning given in Section 2.7.1.

 

    	 	 	9

     

    

 

		1.39	"CureVac
                                         Indemnified Parties" shall
                                         have the meaning set forth in Section 13.1.

 

		1.40	"CureVac
                                         Invention" shall
                                         have the meaning set forth in Section 9.3.1.

 

		1.41	"CureVac
                                         Know-How" shall mean (i) all Know-How within
                                         the CureVac Background Technology Controlled by CureVac or its Affiliates as at the Effective
                                         Date or during the Term that is necessary or useful for the Parties to Develop, Manufacture
                                         and/or Commercialize Products under this Agreement, provided that (x) with respect to
                                         Know-How within the CureVac Background Technology owned by a Third Party that is not
                                         necessary to ensure freedom to operate for the Development, Manufacture and/or Commercialization
                                         of Products in the Field in the Territory and that comes under CureVac's Control, this
                                         shall only include Know-How which is deemed CureVac Know-How pursuant to Section 2.7.1;
                                         and (y) this shall not include the Know-How of any Third Party (or such Third Party's
                                         Affiliates) that becomes an Affiliate of CureVac after the Effective Date solely as a
                                         result of a Change of Control in CureVac; and (ii) all Know-How Controlled by CureVac
                                         or its Affiliates arising or generated during the Research Period in connection with
                                         the performance of activities under this Agreement; provided, however, that CureVac
                                         Know-How does not include Know-How related to (A) LNP Technology Controlled by a Third
                                         Party; and (B) [*****]. CureVac Know-How shall
                                         include (i) Know-How comprised in the CureVac Background Technology; and (ii) Know-How
                                         related to CureVac Inventions, CureVac’s share in Joint Product Inventions or Joint
                                         Other Inventions, (iii) other Know-How generated by CureVac under a Program, (iv) Know-How
                                         related to LNP technology owned by CureVac, and (v) Know-How related to CVCMs. Without
                                         limiting Section 9.1, the CureVac Know-How existing at the Effective Date is further
                                         described in Exhibit 1.41.

  

		1.42	"CureVac
                                         Manufacturing Technology"shall
                                         mean CureVac Patent Rights and CureVac Know-How that are required for the Manufacture
                                         of Products.

 

		1.44	"CureVac
                                         Materials" shall
                                         mean [*****] that are supplied or otherwise made available by or on behalf of CureVac
                                         and/or its Affiliate(s) to GSK hereunder for the purposes of this Agreement (excluding,
                                         for clarity, any Confidential Information, or any Product).

 

		1.45	"CureVac
                                         mRNA" shall mean the non-replicating mRNA Covered by the CureVac Technology
                                         on the Effective Date or during the Term.

 

		1.46	"CureVac
                                         mRNA-Based" shall mean, with respect to a vaccine or Antibody, that such vaccine
                                         or Antibody is encoded by one or more CureVac mRNAs.

 

		1.47	"CureVac
                                         Patent Right(s)" shall
                                         mean (i) all Patent Rights within the CureVac Background Technology Controlled by
                                         CureVac or its Affiliates as at the Effective Date or during the Term that are necessary
                                         or useful for the Development, Manufacture and/or Commercialization of Products under
                                         the Agreement, provided that (x) with respect to Patent Rights within the CureVac
                                         Background Technology owned by a Third Party that are not necessary to ensure
                                         freedom to operate for the Development, Manufacture and/or Commercialization of Products
                                         in the Field in the Territory and that come under CureVac's Control after the Effective
                                         Date, this shall only include Patent Rights which are deemed CureVac Patent Rights pursuant
                                         to Section 2.7.1; and (y) this shall not include the Patent Rights of any Third
                                         Party (or such Third Party's Affiliates) that becomes an Affiliate of CureVac solely
                                         as a result of a Change of Control in CureVac, and (ii) all CureVac Program Patent
                                         Right and CureVac's interest in Joint Patent Rights; provided, however, that CureVac
                                         Patent Rights do not include Patent Rights within (A) LNP Technology Controlled
                                         by a Third Party; and (B) [*****]. CureVac Patent Rights shall include (i) Patent
                                         Rights comprised in the CureVac Background Technology; and (ii) CureVac’s
                                         share in Joint Patent Rights, and (iii) CureVac Program Patent Rights, and (iv) Patent
                                         Rights related to LNP technology owned by CureVac and CVCMs. The CureVac Patent
                                         Rights within the CureVac Background Technology Controlled by CureVac or its Affiliates
                                         as at the Effective Date are listed in Exhibit 1.47.

 

    	 	 	10

     

    

 

	1.48	"CureVac
                                         Program Patent Right" shall
                                         have the meaning set forth in Section 9.6.1.
	 	 

	1.49	"CureVac
                                         Project Leader" shall
                                         have the meaning set forth in Section 7.1.2.
	 	 

	1.50	"CureVac
                                         Technology" shall
                                         mean CureVac Patent Rights and CureVac Know-How.

  

	1.51	"CureVac
                                         Territory"shall mean Austria, Germany and Switzerland.

 

	1.52	"CVCM"
                                         shall mean CureVac's next generation mRNA delivery vehicle, also referred to as CureVac
                                         Carrier MoleculeTM, which is disclosed in CureVac's patent families [*****], that
                                         is appropriate for the formulation of Drug Substance.

 

	1.53	"Development"shall
                                         mean all research, non-clinical, and clinical testing and drug development activities
                                         conducted in respect of the Products, including those necessary or reasonably useful
                                         or otherwise requested or required by a Regulatory Authority as a condition or in support
                                         of obtaining or maintaining Regulatory Approvals and to successfully Develop, Manufacture
                                         and Commercialize the Products for use in the Field. "Development" shall include
                                         CMC Development, delivery system development, mRNA sequence optimization, protein design,
                                         non-clinical testing, mechanism of action studies, toxicology, pharmacokinetics, clinical
                                         studies, regulatory affairs activities, statistical analysis and report writing, submission
                                         of documents, market research, pharmacoeconomic studies, and epidemiological/real world
                                         data studies. Development shall mean both (a) non-clinical and clinical Development;
                                         and (b) CMC Development. "Develop" and "Developed" have a correlative
                                         meaning.

 

	1.54	"Development
                                         Costs" shall mean: (i) demonstrable costs and expenses invoiced
                                         by Third Parties for the activities specified in the applicable R&D Plan; and (ii) the
                                         costs and expenses of scientific, medical, technical personnel directly engaged in such
                                         efforts, which costs shall be determined based on the FTE Rate based on time actually
                                         spent performing the applicable activities, in each case as further detailed in the Development
                                         budget set out in the applicable R&D Plan.

 

	1.55	"Development
                                         Data"shall mean: (i) CMC Development data; (ii) any non-clinical or
                                         clinical findings, results and other research data relating to the Products, in any format;
                                         and (iii) the formal reports of preclinical toxicology studies and Clinical Studies,
                                         such data in each case of (i), (ii) and (iii) required for the Development
                                         and Commercialization of the Products, including but not limited to, INDs and other
                                         regulatory filings and registration dossiers.

 

	1.56	"Development &
                                         Regulatory Milestone Event" shall have the meaning set forth in Section 8.3.

 

	1.57	"Development &
                                         Regulatory Milestone Payment" shall have the meaning set forth in Section 8.3.

 

	1.58	"Development
                                         Transfer Materials" shall have the meaning set forth in Section 4.7.

 

    	 	 	11

     

    

 

	1.59	"Diligent
                                         Efforts" shall mean, with respect to a Party, those efforts, expertise and resources
                                         commensurate with efforts, expertise and resources commonly used in the biopharmaceutical
                                         industry by a company of comparable size in connection with the development, manufacture
                                         and/or commercialization of a comparable pharmaceutical product which is of similar market
                                         potential at a similar stage of development or commercialization in light of issues of
                                         safety and efficacy, product profile, the competitiveness of the marketplace, the proprietary
                                         position of the compound or product, the regulatory structure involved, the profitability
                                         of the applicable products, product reimbursement, and other relevant factors such as
                                         technical, legal, scientific, or medical factors. Diligent Efforts shall be determined
                                         on a market-by-market and indication-by-indication basis for each Product, and it may
                                         change over time.

 

	1.60	"Disclosing
                                         Party"shall have the meaning set forth in Section 11.1

 

	1.61	"Disclosure
                                         Letter"shall have the meaning set forth in Section 13.4.

 

	1.62	"Distribution
                                         Agreement"shall have the meaning set forth in Section 6.2.

 

	1.63	"Drug
                                         Product"shall mean, for a given Product, the drug product form thereof, i.e.
                                         comprising of one or more Drug Substance(s) of that Product and formulated with
                                         a Licensed LNP, an LNP Controlled by CureVac or a CVCM.

 

	1.64	"Drug
                                         Substance" shall mean the active ingredient(s) of a Product, being one or more
                                         mRNA molecules which contains the genetic information for the relevant Antigen(s) or
                                         Antibody(ies).
	 	 
	1.65	"Effective
                                         Date" shall have the meaning set forth in the Preamble.

 

	1.66	"EMA"shall
                                         mean the European Medicines Agency.

 

	1.67	"Excluded
                                         Pathogen"shall mean (i) any of the Pathogens listed in Exhibit 1.67,
                                         (ii) in case GSK exercises its Replacement Right pursuant to Section 3.6, any
                                         Pathogen targeted by a Replaced Product (unless that Pathogen is targeted by another
                                         Product, including any Replacement Product), and (iii) in case GSK terminates a
                                         Program for a Product pursuant to Section 14.2, the Pathogen targeted under such
                                         terminated Program (unless that Pathogen is targeted under another Program).

 

	1.68	"Exclusive
                                         Option"shall have the meaning set forth in Section 3.7.1.

 

	1.69	"Executive
                                         Officers"the Chief Executive Officer of CureVac (or a senior executive officer
                                         of CureVac designated by CureVac's Chief Executive Officer) and the President of GSK
                                         Vaccines (or a senior executive officer of GSK designated by the President of GSK Vaccines).

 

	1.70	"FDA"shall
                                         mean the U.S. Food and Drug Administration.

 

	1.71	"Field"shall
                                         mean any and all prophylactic and/or therapeutic uses for the prevention, delay of onset
                                         or treatment of infectious disease pathogens, conditions or disorders.

 

	1.72	"[*****]
                                         Product" shall have the meaning set forth in Exhibit 1.27.

 

    	 	 	12

     

    

 

	1.73	"Financial
                                         Partner"shall have the meaning set forth in Section 11.4.1 below.

 

	1.74	"Finished
                                         Product" shall mean, for a given Product, the final presentation of such
                                         Product, following filling, labelling and packaging of Drug Product, as registered in
                                         the applicable Marketing Authorization.

 

	1.75	"First
                                         Commercial Sale"shall mean, on a Product-by- Product and country-by-country
                                         basis, the first sale of a Product by or on behalf of GSK or its Affiliates or Sublicensees,
                                         such as but not limited to, a Third Party wholesaler, pharmacy, outpatient clinic, inpatient
                                         clinic, hospital, dispensing physician or government agency in a given country after
                                         necessary Regulatory Approval has been granted with respect to such Product in such country,
                                         provided, however, that in the event of a sale of a Product prior to Regulatory
                                         Approval which is substantially comparable to a commercial sale effected only after Regulatory
                                         Approval is obtained, then the first sale in any such arrangement shall also constitute
                                         a First Commercial Sale. For the avoidance of doubt, "treatment IND sales",
                                         "named patient sales" and "compassionate use sales" shall not be
                                         construed as a First Commercial Sale if the aggregate, annual Net Sales for all such
                                         programs are less than [*****]. For avoidance of doubt, any sale of a Product by GSK
                                         to an Affiliate or Sublicensee or subcontractor is not a First Commercial Sale.

 

	1.76	"First
                                         Product"shall have the meaning set forth in Exhibit 1.27.

 

	1.77	"First
                                         Product R&D Plan"shall have the meaning set forth in Section 4.1.

 

	1.78	"First
                                         Regulatory Approval" shall mean, in relation to each Product, the obtaining
                                         of a final marketing authorization for a Product in any jurisdiction in the Territory.

 

	1.79	"Force
                                         Majeure" shall have the meaning set forth in Section 16.2.

 

	1.80	"[*****]
                                         Product" shall have the meaning set forth in Exhibit 1.27.

 

	1.81	"FTE"shall
                                         mean, with respect to a person, the equivalent of the work of one (1) employee full
                                         time for one (1) year (consisting of at least [*****] working hours per year (with
                                         no further reductions for vacations and holidays)). Overtime, and work on weekends, holidays
                                         and the like will not be counted with any multiplier (e.g., time-and-a-half or double
                                         time) toward the number of hours that are used to calculate the FTE contribution. The
                                         portion of a FTE billable by CureVac for one (1) individual during a given accounting
                                         period shall be determined by dividing the number of hours worked by said individual
                                         on the work to be conducted under the Agreement during such accounting period by the
                                         number of FTE hours applicable for such accounting period based on [*****] working hours
                                         per year. FTE shall include the employee required to execute the R&D Plans provided
                                         however that employees falling under the COGS definition of the Clinical Supply Agreement
                                         or the Commercial Supply Agreement shall not be included. FTE shall not include personnel
                                         undertaking general corporate activities including, by way of example only, investor
                                         relations, business development, legal affairs, human resources and finance, and any
                                         other activities not supporting activities conducted under this Agreement.

 

    	 	 	13

     

    

 

	1.82	"FTE
                                         Rate" shall mean, for the period commencing on the Effective Date until such
                                         time as the Parties mutually agree otherwise, an annual rate of EUR [*****]. The FTE
                                         Rate shall include all fully loaded costs, including costs of salaries (including overtime),
                                         benefits, other employee costs, overhead and supporting general and administration allocations.
                                         CureVac may increase the FTE Rate for inflation on an annual basis based upon the percentage
                                         increase in the Consumer Price Index for Germany.
	 	 
	1.83	"Force
                                         Majeure" shall have the meaning set forth in Section 16.2.

 

	1.84	"GMP
                                         Manufacturing Facilities" shall mean a production facility for the manufacture
                                         of drug products, including the manufacturing space, the storage warehouse for raw and
                                         finished product, and support lab areas, which conforms to GMP.

 

	1.85	"GMP-III
                                         Manufacturing Facility"shall mean CureVac's GMP manufacturing facility at [*****].

 

	1.86	"GMP-IV
                                         Manufacturing Facility"shall mean CureVac's new GMP manufacturing facility currently
                                         under construction at [*****].

 

	1.87	"GMP-IV
                                         Reservation Fee"shall have the meaning set forth in Section 8.2.

 

	1.88	"Good
                                         Clinical Practices" or "GCP" shall mean, in connection
                                         with a Clinical Study, current practices set forth in or required by (1) the World
                                         Medical Association's Declaration of Helsinki entitled 'Ethical Principles for Medical
                                         Research Involving Human Subjects' (2) the principles of International Conference
                                         on Harmonization Harmonized Tripartite Guideline for Good Clinical Practice (CPMP/ICH/135/95)
                                         E6 and E11; (3) the Directive 2001/20/EC of the European Union and in guidance published
                                         by the European Commission in relation to such Directive and any local laws, rules and
                                         regulations that implement such Directive and guidance; (4) provisions of Title
                                         21 of the Code of Federal Regulations (including Parts 11, 50, 54, 56, 312, 314, 320,
                                         601 and 610) and all rules, regulations, order and guidance's published thereunder; and
                                         (5) any other country in which the Clinical Study is conducted;

 

	1.89	"Good
                                         Distribution Practices" or "GDP" shall mean the current
                                         (at a given time) standards, practices and procedures regarding the distribution of pharmaceutical
                                         products promulgated or endorsed by a Regulatory Authority and all Applicable Laws with
                                         respect thereto, as defined further or otherwise in the Distribution Agreement or a quality
                                         agreement ancillary thereto.

 

	1.90	"Good
                                         Laboratory Practices" or "GLP" shall mean, at a given
                                         time, the current good laboratory practice standards promulgated or endorsed by the US
                                         Food and Drug Administration as defined in Part 58 of the Code of Federal Regulations
                                         Title 21, or comparable regulatory standards promulgated by the EMA or other applicable
                                         Regulatory Authority, as may be updated from time to time, including applicable quality
                                         guidelines promulgated under the ICH.

 

	1.91	"Good
                                         Data Management Practices" shall have the meaning set forth in Section 12.2.

 

    	 	 	14

     

    

 

	1.92	"Good
                                         Manufacturing Practices" or "GMP" shall mean the current
                                         (at a given time) standards, practices and procedures regarding the Manufacturing of
                                         human vaccines promulgated or endorsed by a Regulatory Authority and all Applicable Laws
                                         with respect thereto, including:

 

		(i)	the standards, rules, principles
                                         and guidelines set out in Chapter II of EC Commission Directive 2003/94/EC together with
                                         the guidance for the interpretation of the principles and guidelines of good manufacturing
                                         practices for medicinal products for human use laid down in Commission Directives 91/356/EEC,
                                         as amended by Directive 2003/94/EC and 91/412/EEC, contained in Volume 4 of "The
                                         Rules Governing Medicinal Products in the European Union".

 

		(ii)	Parts 210 and 211 of Title 21
                                         of the Code of Federal Regulations and all related guidance published by the FDA;

 

		(iii)	The International Conference
                                         on Harmonisation of Technical Requirements for Registration of Pharmaceuticals for Human
                                         Use ("ICH") Quality Guidelines relating to good manufacturing practice;

 

		(iv)	the "Good Manufacturing
                                         Practices for Pharmaceutical Products" promulgated by the World Health Organization
                                         ("WHO"),

 

provided that term may be defined
further or otherwise in the Quality Agreements regarding the supply of Drug Products for clinical or commercial purposes entered
pursuant to this Agreement.

 

	1.93	"Government
                                         Official" (where 'government' means all levels and subdivisions of governments,
                                         i.e. local, regional, national, administrative, legislative, executive, or judicial,
                                         and royal or ruling families) shall mean: (a) any officer or employee of a government
                                         or any department, agency or instrumentality of a government (which includes public enterprises,
                                         and entities owned or controlled by the state); (b) any officer or employee of a
                                         public international organization such as the World Bank or United Nations; (c) any
                                         officer or employee of a political party, or any candidate for public office; (d) any
                                         person defined as a government or public official under Applicable Law (including anti-bribery
                                         and corruption laws) and not already covered by any of the above; and/or; (e) any
                                         person acting in an official capacity for or on behalf of any of the above. "Government
                                         Official" shall include any person with close family members who are Government
                                         Officials (as defined above) with the capacity, actual or perceived, to influence or
                                         take official decisions affecting either Party's business.

 

	1.94	"GSK
                                         Alliance Manager"shall have the meaning set forth in Section 7.1.1.

 

	1.95	"GSK
                                         Background Technology"shall have the meaning as set forth in Section 9.1.

 

    	 	 	15

     

    

 

	1.96	"GSK
                                         Indemnified Parties" shall have the meaning set forth in Section 13.2.
	 	 
	1.97	"GSK
                                         Invention" shall have the meaning set forth in Section 9.3.2.
	 	 
	1.98	"GSK
                                         Know-How" shall mean all Know-How Controlled by GSK or its Affiliates as at
                                         the Effective Date or thereafter during the Term that (a) is necessary for CureVac to
                                         perform the obligations and other activities pursuant to this Agreement, or (b) is used
                                         by or on behalf of GSK its Affiliates or Sublicensees to Develop, Manufacture and Commercialize
                                         Products under this Agreement. GSK Know-How shall include (i) Know-How comprised in the
                                         GSK Background Technology; and (ii) Know-How related to GSK Inventions, Joint Product
                                         Inventions or Joint Other Inventions, and (iii) other Know-How generated by GSK under
                                         a Program.
	 	 
	1.99	"GSK
                                         Materials" shall mean any [*****] that are supplied or otherwise made available
                                         by or on behalf of GSK and/or its Affiliate(s) to CureVac for the purposes of this Agreement
                                         (excluding, for clarity, any Confidential Information, or any Product).
	 	 
	1.100	"GSK
                                         Patent Right(s)" shall mean all Patent Rights Controlled by GSK or its Affiliates
                                         as at the Effective Date or thereafter during the Term that (a) are necessary for CureVac
                                         to perform the obligations and other activities pursuant to this Agreement, or (b) are
                                         used by or on behalf of GSK its Affiliates or Sublicensees to Develop, Manufacture and/or
                                         Commercialize Products under this Agreement. GSK Patent Rights shall include Patent Rights
                                         comprised in the GSK Background Technology, GSK Program Patent Rights and GSK's interest
                                         in Joint Patent Rights.

 

	1.101	"GSK
                                         Program Patent Right"shall have the meaning set forth in Section 9.6.2.

 

	1.102	"GSK
                                         Project Leader" shall have the meaning set forth in Section 7.1.2.

 

	1.103	"GSK
                                         Technology"shall mean any and all GSK Patent Rights and GSK Know-How.

 

	1.104	"GSK
                                         Territory" shall mean all countries of the world other than the countries included
                                         in the CureVac Territory.
	 	 
	1.105	"GxP"
                                         shall mean the good practice regulations in the pharmaceutical industry, including Good
                                         Manufacturing Practices, Good Laboratory Practices, Good Clinical Practices and Good
                                         Distribution Practices (GMP, GLP, GCP and GDP).

 

	1.106	"Human
                                         Biological Samples" shall mean human biological material (including any
                                         derivative or progeny thereof), including any portion of an organ, any tissue, skin,
                                         bone, muscle, connective tissue, blood, cerebrospinal fluid, cells, gametes, or sub-cellular
                                         structures such as DNA, or any derivative of such biological material such as stem cells
                                         or cell lines; and any human biological product, including, but not limited to, hair,
                                         nail clippings, teeth, urine, faeces, breast milk, and sweat.

 

	1.107	"IND"shall
                                         mean an investigational new drug application filed with, and accepted by, the FDA prior
                                         to beginning clinical trials in humans in the USA, or any comparable application to and
                                         acceptance by the Regulatory Authority of a country or group of countries other than
                                         the USA thereto, including EMA, prior to beginning clinical trials in humans in that
                                         country or in that group of countries.

 

	1.108	"In-Licensed
                                         IP"shall have the meaning set forth in Section 2.7.1.

 

    	 	 	16

     

    

 

	1.109	"In-Licensing
                                         Agreement" shall mean each of the LNP Agreements, the agreements listed
                                         in Exhibit 1.109, and any other agreement with a Third Party pursuant to
                                         which CureVac Controls CureVac Technology or LNP Technology.

 

	1.110	"Initial
                                         Products"shall mean the [*****].

 

	1.111	"Initial
                                         Other Products"shall mean each of the following Products: [*****].

 

	1.112	"Initiation"shall
                                         mean, with respect to a Clinical Study, the first administration of the first subject
                                         in such Clinical Study.

 

	1.113	"Invention"shall
                                         mean an invention or discovery, whether or not patentable, discovered, made, conceived
                                         and/or first reduced to practice during the Term by or on behalf of CureVac or GSK or
                                         Affiliates of CureVac or GSK, alone or jointly with each other and/or any Third Party,
                                         which arise from the performance of activities under this Agreement, including performance
                                         of activities under the R&D Plans.

 

	1.114	"IP
                                         Sub-Committee"shall mean the sub-committee to be established pursuant to Section 7.4.

 

	1.115	"Joint
                                         Product Invention"shall have the meaning set forth in Section 9.3.3.

 

	1.116	"Joint
                                         Other Invention"shall have the meaning set forth in Section 9.3.4.

 

	1.117	"Joint
                                         Patent Rights"shall have the meaning set forth in Section 10.2.

 

	1.118	"Joint
                                         Steering Committee", and "JSC"shall have the meaning set forth in
                                         Section 7.2.

 

	1.119	"Know-How"shall
                                         mean all technical, scientific and other information, inventions, discoveries, trade
                                         secrets, knowledge, technology, means, methods, processes, practices, formulae, instructions,
                                         skills, techniques, procedures, expressed ideas, technical assistance, designs, drawings,
                                         assembly procedures, computer programs, apparatuses, specifications, Development Data,
                                         results, non-clinical, clinical, safety, process and Manufacturing and quality control
                                         data and information (including trial designs and protocols), registration dossiers,
                                         in each case, solely to the extent confidential and proprietary and in written, electronic
                                         or any other form now known or hereafter Developed.

 

	1.120	"Licensed
                                         LNP"shall mean an LNP that is Controlled by CureVac as at the Effective Date
                                         or during the Term pursuant to (i) one or more non-exclusive license agreement(s) between
                                         CureVac and [*****], as amended from time to time (including by the Amendment Two to
                                         the Development and Option Agreement dated July 10, 2020); or (ii) in case
                                         GSK exercises its option under the Option LNP Technology pursuant to Section 2.1.4
                                         and upon the execution of the Option LNP Agreement, a non-exclusive license agreement
                                         between CureVac and [*****], as amended from time to time (all such agreement(s), as
                                         applicable, "LNP Agreement(s)", and such counterparty, "LNP Provider").
                                         Subject to Section 2.7.1, any amendment to either LNP Agreement made after the Effective
                                         Date shall not adversely affect the rights or increase the obligations of GSK or CureVac
                                         under this Agreement.

 

    	 	 	17

     

    

 

	1.121	"LNP"shall
                                         mean a lipid nanoparticle system comprised of individual lipid components at specific
                                         ratios, which are manufactured in such a manner to encapsulate and deliver mRNA into
                                         a target cell.

 

	1.122	"LNP
                                         Agreement" shall have the meaning set forth in Section 1.120.

 

	1.123	"LNP
                                         License"shall have the meaning set forth in Section 2.1.2.

 

	1.124	"LNP
                                         Provider" shall have the meaning set forth in Section 1.120.
	 	 
	1.125	"LNP
                                         Technology" shall mean the Patent Rights and Know-How Covering the Licensed
                                         LNPs that CureVac Controls pursuant to the LNP Agreements.

 

	1.126	"Major
                                         Markets" shall mean the [*****].
	 	 
	1.127	"Manufacture"
                                         shall mean all manufacturing operations (including for Drug Substance, Drug Product,
                                         fill and finish, packaging and labelling) for Products, including all activities related
                                         to the preparation and use of master and working cell banks, making, production, processing,
                                         purifying, formulating, filling, and finishing, of the Finished Product, or any intermediate
                                         thereof, pre-clinical, clinical and commercial production, product, stability testing,
                                         quality assurance, and quality control. "Manufacturing" has a correlative
                                         meaning.

 

	1.128	"Manufacturing
                                         Technology Transfer Materials" shall have the meaning set forth in Section 5.2.3.

 

	1.129	"Materials"
                                         shall mean CureVac Materials and GSK Materials.
	 	 
	1.130	"mRNA"
                                         shall mean a replicating or non-replicating polynucleotide
                                         that is capable of directing the cellular machinery of a cell to produce polypeptide
                                         and contains naturally occurring nucleosides (e.g. Cytosine, Guanine, uracil, adenine)
                                         or chemical analogues thereof. The term encompasses analogues such as those containing
                                         modified backbones.

 

	1.131	"mRNA-Based"
                                         shall mean, with respect to a vaccine or Antibody, that the vaccine Antigen
                                         or Antibody is encoded by one or more mRNAs.

 

	1.132	"Net
                                         Sales" shall mean the gross invoice price of Product sold by GSK or its Affiliates
                                         or Sublicensees directly to a Third Party, less the following deductions if and to the
                                         extent such deductions to unaffiliated entities are actually allowed and granted:

 

		(i)	trade, quantity,
                                         and/or cash discounts, charge-back payments, allowances or rebates, including promotional
                                         or similar discounts or rebates, and discounts or rebates to governmental or managed
                                         care organizations;

 

    	 	 	18

     

    

 

		(ii)	discounts provided in connection
                                         with coupon, voucher or similar patient programs;

 

		(iii)	credits or allowances given
                                         or made with respect to Product by reason of rejection, defects, recalls, returns, rebates,
                                         or retroactive price reductions;

 

		(iv)	any tax, tariff, duty or government
                                         charge (including any sales, value added, excise or similar tax or government charge,
                                         but excluding any income tax) levied on the sale, transportation or delivery of Product
                                         and borne by GSK, its Affiliates or Sublicensees without reimbursement from any Third
                                         Party;

 

		(v)	any charges for freight, postage,
                                         shipping or transportation, or for insurance, in each case to the extent borne by GSK,
                                         its Affiliates or Sublicensees without reimbursement from any Third Party; and

 

		(vi)	any administrative fees paid
                                         to group purchasing organizations or managed care entities for the sale of Product (provided,
                                         however, that such deduction may not exceed two percent (2%) of the gross sales in the
                                         corresponding accounting period).

 

All such discounts, allowances,
credits, rebates and other deductions shall be fairly and equitably allocated to the sale of the relevant Product by GSK, its
Affiliates or Sublicensees, such that the Product does not bear a disproportionate portion of such deductions as compared to other
products sold separately from but with a certain link or other connection to the Product. For the avoidance of doubt, the Net
Sales shall be calculated only once for the first bona fide arm's length sale of the Product by either GSK, its Affiliate or its
Sublicensee, to a Third Party which is neither an Affiliate nor a Sublicensee of GSK. Net Sales shall be determined in accordance
with International Financial Reporting Standards (IFRS) applied in a consistent manner.

 

In the event a Product is sold
as part of a Combination Product, (either as a separate Finished Product sold together with other products or because the Drug
Substances associated with that Product formulated with additional other active pharmaceutical ingredients [*****]), Net Sales
of the Combination Product will be calculated, on a country-by-country basis, as follows:

 

		(i)	If (x) the Product and (y) the
                                         other product(s) or active pharmaceutical ingredient are also sold separately in
                                         the applicable country, Net Sales of the Product portion of the Combination Product will
                                         be calculated by multiplying the total Net Sales of the Combination Product by the fraction
                                         A/(A+B), where A is the average gross selling price in the applicable country of the
                                         Product sold separately in the same formulation and dosage, and B is the sum of the average
                                         gross selling prices in the applicable country of all other products or active ingredients
                                         in the Combination Product sold separately during the applicable Calendar Quarter.

 

		(ii)	If the Product is sold separately,
                                         but the average gross selling price of the other product(s) or active ingredients
                                         cannot be determined, Net Sales of the Combination Product shall be equal to the Net
                                         Sales of the Combination Product multiplied by the fraction A/C wherein A is the average
                                         gross selling price of the Product and C is the average gross selling price of the Combination
                                         Product.

 

    	 	 	19

     

    

 

		(iii)	If the other product(s) or
                                         other active ingredients is/are sold separately, but the average gross selling price
                                         of the Product cannot be determined, Net Sales of the Combination Product shall be equal
                                         to the Net Sales of the Combination Product multiplied by the following formula: one
                                         (1) minus B/C wherein B is the average gross selling price of the other product(s) or
                                         active ingredients and C is the average gross selling price of the Combination Product.

 

		(iv)	If the average gross selling
                                         price of neither the Product, nor the other product(s) or active ingredients, can
                                         be determined, e.g., because neither the Product, nor the other product in a Combination
                                         Product, are being sold separately, Net Sales of the Combination Product shall be equal
                                         to Net Sales of the Combination Product multiplied by A/B wherein A is the number of
                                         Products comprised in the Combination Product and B is the sum of “one” for
                                         each Product and the relative value of the other product(s) and/or other active
                                         pharmaceutical ingredients comprised in the Combination Product, such value to be determined
                                         by the patent protection status of the respective products, the development costs of
                                         the respective products, and the pricing of comparable products in the Major Markets.
                                         For illustration purposes, if there are two additional active ingredients in a Combination
                                         Product, one valued at 30 percent of the average price of the Products, and one valued
                                         at 50 percent of the average price of the Products, A/B equals 2/2.8, and Net Sales are
                                         multiplied by 0.71. The Parties will agree on the respective values in the JSC. If the
                                         JSC are unable to agree on the respective values within [*****] of the matter being referred
                                         by either Part to the JSC, either Party may refer the matter for resolution in accordance
                                         with Section 15.4h, provided that the reference to “fair market value”
                                         shall be replaced with the value of the respective Product and the relative value of
                                         the other product(s) and/or other active pharmaceutical ingredients. Each Party
                                         will bear equally the cost of the experts appointed in accordance with Section 15.4h.

 

		(v)	The average gross selling price
                                         for such other product(s) or active ingredients contained in the Combination Product
                                         shall be calculated for each [*****] period by dividing the sales amount by the units
                                         of such other product(s), as published by IMS or another mutually agreed independent
                                         source. In the initial [*****] period during which a Combination Product is sold, forecasted
                                         average gross selling prices shall be used for royalty calculation purposes. Any over
                                         or under payment due to a difference between forecasted and actual average gross selling
                                         prices shall be paid or credited in the second royalty payment of the following [*****]
                                         period. In the following Calendar Year the average gross selling price of the previous
                                         year shall apply from the second royalty payment on.

 

To the extent an In-Licensing
Agreement existing before the Effective Date disqualifies [*****] as [*****], the Parties, acting good faith, shall adjust the
above mechanism for determining Net Sales of Combination Products to account for the loss suffered by CureVac as a result of the
difference in qualification of [*****] between this Agreement and the In-Licensing Agreement in question. CureVac shall, in light
of the available data and information regarding [*****], use commercially reasonable efforts to renegotiate such In-Licensing
Agreement so that [*****] becomes part of [*****] under such In-Licensing Agreement, provided that if CureVac cannot agree with
the counterparty of such In-licensing Agreement on the same mechanism for determining Net Sales of Combination Products as provided
for in this Agreement, the Parties will adjust the mechanism for determining Net Sales of Combination Products under this Agreement
accordingly to account for the loss suffered by CureVac as a result of the different calculation mechanisms. For the avoidance
of doubt, the obligation of CureVac to use commercially reasonable efforts to renegotiate an In-licensing Agreement does not require
CureVac to make any financial concessions towards the counterparty of such In-licensing Agreement which are unrelated to the definition
of [*****] or the calculation of Net Sales.

 

    	 	 	20

     

    

 

 

		1.133	"Non-Breaching
                                         Party" shall have the meaning set forth in Section 14.4.

 

		1.134	"Optioned
                                         Product" shall have the meaning set forth in Section 3.7.1.

 

		1.135	"Option
                                         Exercise Fee" shall have the meaning set forth in Section 3.7.3.

 

		1.136	"Option
                                         Exercise Notice" shall have the meaning set forth in Section 3.7.2.

 

		1.137	"Option
                                         LNP" shall mean an LNP in respect of which CureVac has Control under
                                         the Option LNP Agreement.

 

		1.138	"Option
                                         LNP Agreement" shall mean [*****], as amended, supplemented or replaced
                                         from time to time (such counterparty, the "Option LNP Provider").

 

		1.139	"Option
                                         LNP Provider" shall have the meaning set forth in Section 1.138.

 

		1.140	"Option
                                         LNP Technology" shall mean the Patent Rights and Know-How Covering the Option
                                         LNPs.

 

		1.141	"Option
                                         Period" shall have the meaning set forth in Section 3.7.1.

 

		1.142	"Option
                                         Request" shall have the meaning set forth in Section 3.7.2.

 

		1.143	"Other
                                         Product" shall mean each of the [*****] Initial Other Products, and any Product
                                         Adjustment, Replacement Product and Optioned Product, if applicable; provided, however,
                                         that if GSK replaces an Initial Other Product pursuant to Section 3.6 or terminates
                                         a Program for an Other Product pursuant to Section 14.2, such Replaced Product or
                                         Product developed under the terminated Program, as applicable, shall no longer qualify
                                         as an Other Product.

 

		1.144	"Other
                                         Product R&D Plan" shall have the meaning set forth in Section 4.3.1.

 

		1.145	"Party"
                                         shall mean CureVac or GSK (together, "Parties").

 

    	 	 	21

     

    

  

 

		1.146	"Patent
                                         Rights" shall mean any and all patents and patent applications, including provisional
                                         and non-provisional applications, reissues, extensions, substitutions, confirmations,
                                         re-registrations, re-examinations, re-validations, patents of addition, supplementary
                                         protection certificates or the equivalents thereof, continuations, continuations-in-part
                                         and divisionals thereof and all foreign counterparts, and the like of any of the foregoing.

 

		1.147	"Pathogen"
                                         shall mean any infectious disease causing agent such as a virus, bacterium, fungus,
                                         protozoan or other type of microorganism.

 

		1.148	"Pathogen
                                         Combination Product" shall
                                         mean CureVac mRNA-Based vaccines or CureVac mRNA-Based Antibodies targeting two or more
                                         different Collaboration Pathogens other than Excluded Pathogens. For the avoidance of
                                         doubt, the [*****] Product shall be considered a Pathogen Combination Product. The Parties
                                         may decide to work on further Pathogen Combination Products, subject to the availability
                                         of licenses under the LNP Technology (if required). 

 

		1.149	"Person"
                                         shall mean
                                         an individual, firm, company, corporation, association, trust, estate, state or agency
                                         of a state, government or government department or agency, municipal or local authority
                                         and any other entity, whether or not incorporated and whether or not having a separate
                                         legal personality.

 

		1.150	"Product"
                                         shall mean
                                         each CureVac mRNA-Based vaccine or CureVac mRNA-Based Antibody targeting one or more
                                         Pathogen(s), other than an Excluded Pathogen, which the Parties have agreed to Develop
                                         and Commercialize under this Agreement during the Term, which may be in Drug Product
                                         or Finished Product form (or precursors thereto), as the case may be, comprising: (i)
                                         the First Product, (ii) the Second Product, and (iii) any Other Product (comprising the
                                         [*****] Initial Other Products, any Replacement Product and any Optioned Product, if
                                         applicable), in each case including any Product Adjustment as adjusted in accordance
                                         with Section 3.3.

 

		1.151	"Product
                                         Adjustment" shall have the meaning set forth in Section 3.3.

 

		1.152	"Product
                                         Adjustment Notice" shall have the meaning set forth in Section 3.3.2.

 

		1.153	"Program"
                                         shall mean, on a Product-by-Product basis, any and all Development activities for
                                         such Product, including under an R&D Plan, and all Manufacturing and Commercialization
                                         activities conducted in respect of a Product.

 

		1.154	"Program
                                         Patent Rights" shall mean Patent Rights Covering Inventions.

 

	1.155	"Project Leaders" shall have the meaning set forth in Section 7.1.2.

 

		1.156	"Proof
                                         of Concept Data" shall mean [*****].

 

		1.157	"Quality
                                         Agreement" shall mean a quality agreement between CureVac and GSK setting
                                         out further administrative, technical and quality provisions regarding the Manufacture
                                         and supply of a Product (or intermediary version thereof) for Development or Commercialization
                                         purposes, as applicable.

 

    	 	 	22

     

    

 

		1.158	"R&D
                                         Plan(s)" shall mean the research and development plans attached hereto, or to
                                         be prepared under this Agreement and shall include the First Product R&D Plan, the
                                         Second Product R&D Plan and each Other Product R&D Plan.

 

		1.159	"Receiving
                                         Party" shall have the meaning set forth in Section 11.1.

 

		1.160	"Recognized
                                         Stock Exchange" means any regulated market in the European Union within
                                         the meaning of Article 4, paragraph 1, point 14 of Directive 2004/39/EC, the London
                                         Stock Exchange, the New York Stock Exchange, NASDAQ or Hong Kong Stock Exchange.

 

		1.161	"Regulatory
                                         Approval" shall mean any and all approvals (including supplements, amendments,
                                         pre- and post-approvals, pricing and reimbursement approvals), licenses, registrations
                                         or authorizations (including marketing and labeling authorizations) of any national,
                                         supra-national, regional, state or local Regulatory Authority, department, bureau, commission,
                                         council or other governmental entity, that are necessary for the development, registration,
                                         manufacture (including formulation), distribution, use, sale, import or export of a Product
                                         in a given jurisdiction.

 

		1.162	"Regulatory
                                         Authority" any competent regulatory or governmental authority which regulates
                                         any aspect of the Development, Manufacturing or Commercialization of a Product, including
                                         those specifically referred to in this Agreement or any Ancillary Agreement.

 

		1.163	"Regulatory
                                         Exclusivity" shall mean, on a country-by-country and Product-by-Product basis,
                                         an additional protection, other than patent protection, granted by a Regulatory Authority
                                         that confers an exclusive period during which a Party or its Affiliates or Sublicensees
                                         have the exclusive right to market or sell a Product in such country through a regulatory
                                         exclusivity right (e.g., new use or indication exclusivity, new formulation exclusivity,
                                         orphan drug exclusivity, pediatric exclusivity, or any applicable data exclusivity),
                                         provided that regulatory exclusivity shall only be deemed to exist in a country if (i) Applicable
                                         Laws, and the guidance, policies and practice of the competent Regulatory Authority allow
                                         other mRNA-Based products to qualify as generic or biosimilar versions of a Product;
                                         and (ii) as a result, absent or after the expiry of the regulatory exclusivity right,
                                         such mRNA-Based products can enter the market of the country in question with substantially
                                         lower development investment.

 

		1.164	"Replaced
                                         Product" shall have the meaning set forth in Section 3.6.2.

 

		1.165	"Replacement
                                         Product" shall have the meaning set forth in Section 3.6.1.

 

		1.166	"Replacement
                                         Exercise Fee" shall have the meaning set forth in Section 3.6.3.

 

		1.167	"Replacement
                                         Notice" shall have the meaning set forth in Section 3.6.2.

 

		1.168	"Replacement
                                         Request" shall have the meaning set forth in Section 3.6.2.

 

		1.169	"Replacement
                                         Right" shall have the meaning set forth in Section 3.6.1.

 

    	 	 	23

     

    

 

		1.170	"Reservation
                                         Period" shall have the meaning set forth in Section 3.5.2.

 

		1.171	"Reserved
                                         Antigen" shall have the meaning set forth in Section 3.5.2.

 

		1.172	"Research
                                         Period" shall mean, the period commencing on the Closing Date and ending, on
                                         a Program-by-Program basis, at the later of [*****].

 

		1.173	"RNA
                                         Printer" shall mean the automation solution for CureVac's processes of mRNA
                                         manufacturing developed by CureVac and Tesla Grohmann Automation Solution GmbH under
                                         the Development and Intellectual Property Agreement dated December 22, 2017, including
                                         the Know-How licensed from Tesla Grohmann Automation Solution GmbH thereunder.

 

		1.174	"Royalty
                                         Term" shall have the meaning set forth in Section 8.7.2.

 

		1.175	"RSV"
                                         shall have the meaning set forth in Exhibit 1.67.

 

		1.176	"Sales
                                         Milestone Payment" shall have the meaning set forth in Section 8.4.

 

		1.177	"Sanctions &
                                         Trade Controls" shall have the meaning set forth in Section 12.8.

 

		1.178	"Second
                                         Product" shall have the meaning set forth in Exhibit 1.27.

 

		1.179	"Second
                                         Product R&D Plan" shall have the meaning set forth in Section 4.2.

 

		1.180	"Sublicensee"
                                         shall mean any Third Party licensee (aside from GSK's Affiliates and any Third Party
                                         contractors used by GSK in the Development, Manufacture or Commercialization of the Products
                                         on GSK's behalf), which obtains rights to the CureVac Technology or LNP Technology under
                                         a license granted by GSK, its Affiliates or another Sublicensee, in each case in accordance
                                         with Section 2.2.

 

		1.181	"Term"
                                         shall have the meaning set forth in Section 14.1.

 

		1.182	"Territory"
                                         shall mean the entire world.

 

		1.183	"Third
                                         Party" shall mean any Person, other than CureVac or GSK and their respective
                                         Affiliates.

 

		1.184	"Third
                                         Party Infringement" shall have the meaning set forth in Section 10.2.

 

		1.185	"[*****]
                                         Product" shall have the meaning set forth in Exhibit 1.27.

 

		1.186	"[*****]
                                         Product R&D Plan" shall have the meaning given in Section 4.3.1.

 

    	 	 	24

     

    

 

		1.187	"Valid
                                         Claim" shall mean either (a) a claim of an issued and unexpired patent
                                         within the CureVac Patent Rights or (ii) the LNP Technology which has not been revoked
                                         or held permanently unenforceable, unpatentable or invalid by a decision of a court or
                                         other governmental agency of competent jurisdiction, unappealable or unappealed within
                                         the time allowed for appeal, and which has not been found or admitted to be abandoned,
                                         disclaimed, denied, invalid or unenforceable through re-examination, reissue or disclaimer
                                         or otherwise, or (b) a claim of a pending patent application within (i) the
                                         CureVac Patent Rights or (ii) the LNP Technology which application has not been
                                         pending for more than [*****] from the date of its priority filing date and which claim
                                         has not been irretrievably revoked, irretrievably cancelled, irretrievably withdrawn,
                                         held invalid or abandoned by a patent office, court or other governmental agency of competent
                                         jurisdiction in a final and non-appealable judgment (or judgment from which no appeal
                                         was taken within the allowable time period), or finally determined to be unallowable
                                         in a decision from which an appeal cannot or can no longer be taken. For clarity, a claim
                                         of an issued patent that ceased to be a Valid Claim before it issued because it had been
                                         pending too long, but subsequently issues and is otherwise described by clause (a), shall
                                         again be considered to be a Valid Claim once it issues. The same principle shall apply
                                         in similar circumstances such as if, for example (but without limitation), a final rejection
                                         of a claim is overcome.

 

		1.188	"VAT
                                         and Indirect Taxes" shall mean any value added, sales, purchase, turnover
                                         or consumption tax as may be applicable in any relevant jurisdiction, including but not
                                         limited to value added tax chargeable under legislation implementing Council Directive
                                         2006/112/EC.

 

		1.189	"WIPO"
                                         shall have the meaning set forth in Section 16.5.2.

 

		1.190	Interpretation

 

In this Agreement, unless the
context otherwise requires, a reference to:

 

		(i)	a paragraph, section, exhibit
                                         or schedule is a reference to a paragraph, section, exhibit or schedule to this Agreement;

 

		(ii)	any document includes a reference
                                         to that document (and, where applicable, any of its provisions) as amended, novated,
                                         supplemented or replaced from time to time;

 

		(iii)	a statute or other law includes
                                         regulations and other instruments under it and consolidations, amendments, re-enactments
                                         or replacements of any of them;

 

		(iv)	the singular includes the plural
                                         and vice versa, except as it regards the definitions of Party and Parties;

 

		(v)	"written" and "in
                                         writing" include any means of reproducing words, figures or symbols in a tangible
                                         and visible form, including acknowledged email or facsimile;

 

		(vi)	"include", "includes"
                                         and "including" means including without limitation, or like expression unless
                                         otherwise specified, and "for example", "e.g.", "such as"
                                         and similar words or phrases are descriptive, not limiting; and

 

		(vii)	any reference to “demonstrable”
                                         costs and expenses means those costs and expenses can be evidenced in writing.

 

    	 	 	25

     

    

 

		1.191	Condition precedent

 

The commencement of this Agreement
is conditional on the completion of the Equity Investment (being such time as the investment and shareholders agreement entered
into with respect to the Equity Investment takes effect). Either Party may waive this condition in whole or in part at any time
by notice in writing to the other Party. Each Party must use all reasonable endeavors to procure (so far as it is so able to procure)
that the condition is fulfilled on or before [*****]. If the condition is not fulfilled or waived by both Parties on or before
the date specified, either Party shall be entitled to terminate this Agreement by written notice with immediate effect, and only
Sections 1, 11, 16.4, 16.5, 16.11 and 16.12 shall survive such termination.

 

		2.	LICENSES;
                                         EXCLUSIVITY.

 

		2.1	License Grants to GSK.

 

		2.1.1	License
                                         under CureVac Technology. Subject to the terms and conditions of this Agreement and
                                         subject to the disclosures as set forth in items (ii) and (iii) of the Disclosure
                                         Letter, on a Product-by-Product basis, CureVac hereby grants to GSK, and GSK hereby accepts:
                                         (i) a royalty-free, exclusive license to use the CureVac Technology for the Development
                                         and Manufacture of Products for use in the Field in the Territory; and (ii) a royalty-bearing,
                                         exclusive license to use the CureVac Technology for the Commercialization of Products
                                         for use in the Field in the Territory, subject to CureVac's rights with respect to the
                                         CureVac Territory under Section 6 and the Distribution Agreement. Subject to the
                                         disclosures as set forth in items (ii) and (iii) of the Disclosure Letter,
                                         the license granted hereunder shall be exclusive as to Third Parties and to CureVac,
                                         provided that CureVac retains the right to perform the Development and Manufacturing
                                         activities allocated to CureVac under this Agreement.

 

		2.1.2	License
                                         under LNP Technology. Subject to the terms and conditions of this Agreement, the
                                         terms and conditions set forth in Exhibit 2.1.2 Part A, and subject
                                         to the disclosures as set forth in items (ii) and (iii) of the Disclosure Letter,
                                         on a Product-by-Product basis, CureVac hereby grants to GSK, and GSK hereby accepts:
                                         (i) a royalty-free, non-exclusive sublicense under the LNP Agreements to use the
                                         LNP Technology for the Development and Manufacture of the Initial Products and the Initial
                                         Other Products for use in the Field in the Territory; and (ii) a corresponding royalty-bearing,
                                         non-exclusive license to use the LNP Technology for the Commercialization of the Initial
                                         Products and the Initial Other Products for use in the Field in the Territory, subject
                                         to CureVac’s rights with respect to the CureVac Territory under Section 6
                                         and the Distribution Agreement ("LNP License"). CureVac shall not (i) grant
                                         a sublicense to any Third Party under the LNP Technology for the Development and Manufacture
                                         of Products for use in the Field in the Territory, subject to the disclosures as set
                                         forth in items (ii) and (iii) of the Disclosure Letter, and (ii) itself
                                         carry out any activities under the LNP Technology for the Development and Manufacture
                                         of Products for use in the Field in the Territory other than under this Agreement; in
                                         each case of (i) and (ii) on a Product-by-Product basis for as long as the
                                         respective Product is Developed and/or Commercialized under this Agreement. The LNP License
                                         shall:

 

    	 	 	26

     

    

 

		(i)	as at the Closing Date be limited
                                         to Licensed LNP from [*****] for the primary vaccine Antigen and the additional vaccine
                                         Antigen for the [*****] as listed in Exhibit 2.1.2 Part B for use as
                                         part of the [*****] Product in the Field;

 

		(ii)	within [*****] following the Closing
                                         Date, include Licensed LNPs from [*****] for the primary vaccine Antigens and the associated
                                         additional vaccine Antigens for the [*****] as listed in Exhibit 2.1.2 Part B
                                         for use as part of the corresponding Product in the Field;

 

		(iii)	include a Licensed LNP from [*****]
                                         for a primary Antibody and associated additional Antibodies (if any) for the [*****],
                                         provided that GSK has provided the Antibody sequence to CureVac before [*****] (and CureVac
                                         may suspend activities, to the extent required and acting reasonably, under this Program
                                         until GSK has selected such sequence, in light of the potential detrimental effects on
                                         the Program and the ownership rights in Inventions of continuing activities without having
                                         licensed this LNP), and subject to clearance in accordance with Section 3.4 and,
                                         if applicable, Section 3.5.1; it being understood that CureVac shall secure such
                                         Licensed LNP within [*****] upon receipt of the confirmation from [*****] that the Antibody(ies)
                                         is/are available for licensing; and

 

		(iv)	with respect to a Product Adjustment,
                                         include Licensed LNP under a then existing LNP Agreement with [*****] for an additional
                                         vaccine Antigen or an additional Antibody, subject to clearance in accordance with Section 3.4
                                         and, if applicable, Section 3.5.1; it being understood that CureVac shall secure
                                         the Licensed LNP for such additional vaccine Antigen or an additional Antibody, as applicable,
                                         from [*****] in accordance with Section 3.3.2.

 

Within [*****] following the
Closing Date, the Parties will agree on a redacted copy of this Agreement (excluding any commercially confidential information)
that CureVac can provide to the LNP Provider(s) in accordance with its obligations under the LNP Agreements.

 

		2.1.3	Exchange
                                         of Licensed LNPs. For a period commencing on the Closing Date and ending on [*****],
                                         GSK shall have [*****] cost-free options to exchange for the original LNP Licenses granted
                                         under Section 2.1.2 the primary vaccine Antigen or primary Antibody of those LNP
                                         Licenses (together with any additional vaccine Antigen(s) or additional Antibody(ies)
                                         of those LNP Licenses, if any) for an alternate primary vaccine Antigen or an alternate
                                         primary Antibody, with or without one or more additional vaccine Antigen(s) or additional
                                         Antibody(ies), as applicable, subject to clearance in accordance with Section 3.4
                                         and, if applicable, Section 3.5.1, and subject the terms and conditions set forth
                                         in Exhibit 2.1.2 Part A. GSK can exercise the exchange options granted hereunder,
                                         at GSK's discretion, for Replacement Products or Optioned Products, and can exercise
                                         this right either for different original LNP Licenses or multiple times for the same
                                         LNP License (or a combination of both), provided that GSK may exercise this exchange
                                         option right a maximum of [*****] times. On an option-by-option basis, CureVac shall
                                         secure the LNP License for an alternate primary vaccine Antigen or alternate primary
                                         Antibody and the additional vaccine Antigen(s) or additional Antibody(ies) in accordance
                                         with Section 3.6.2 or 3.7.2, as applicable.

 

    	 	 	27

     

    

 

		2.1.4	Option
                                         under Option LNP Technology. For a period commencing on the Closing Date and ending
                                         on [*****], GSK shall have the cost-free, one-time option to obtain a non-exclusive sublicense
                                         under an Option LNP Agreement to use the Option LNP Technology to Develop, Manufacture
                                         and Commercialize a Product for use in the Field in the Territory, subject to CureVac's
                                         rights with respect to the CureVac Territory under Section 6 and the Distribution
                                         Agreement, and subject to clearance in accordance with Section 3.4 and, if applicable,
                                         Section 3.5.1, and the terms and conditions set forth in Exhibit 2.1.4, the
                                         terms and conditions of this Agreement and the disclosures set forth in items (ii) and
                                         (iii) of the Disclosure Letter. GSK can exercise the option granted hereunder, at
                                         GSK's discretion, for an Initial Product, an Initial Other Product, a Replacement Product
                                         or an Optioned Product, provided that GSK may exercise this option [*****]. CureVac shall
                                         secure the Option LNP for the respective Product from the Option LNP Provider within
                                         [*****] upon receipt of the confirmation from the Option LNP Provider that the Antigen(s) are
                                         available for licensing.

 

		2.2	Sublicenses.

 

		2.2.1	Right
                                         to Sublicense. GSK shall have the right to sublicense its rights under Section 2
                                         to any of its Affiliates. GSK's right to sublicense any of its Development rights or
                                         any of its Manufacturing rights for Development purposes (subject to Section 5)
                                         under Section 2.1.1, or any of its rights to the LNP Technology under Section 2.1.2
                                         to any other Third Party shall be subject to CureVac's prior written consent which CureVac
                                         may grant or withhold in its sole discretion. GSK's right to sublicense (in multiple
                                         tiers) any of its Manufacturing rights for commercial purposes (subject to Section 5)
                                         and/or Commercialization rights under Section 2.1.1 to a Third Party shall be subject
                                         to CureVac's prior written consent which shall not be unreasonably withheld, conditioned
                                         or delayed. For the avoidance of doubt, this Section 2.2.1 shall not restrict GSK
                                         or any of its Affiliates to subcontract any of its Development or Manufacturing activities
                                         to a CRO, CMO or other service provider to GSK or its Affiliate, subject to Section 5.2.3.

 

		2.2.2	Sublicensing
                                         Requirements. The right to sublicense to a Third Party is subject to a written sublicense
                                         agreement containing terms and conditions that are consistent with those contained in
                                         this Agreement, and shall include, inter alia, provisions regarding confidentiality,
                                         non-compete, indemnification, audit, record-keeping, termination and consequences of
                                         termination that are consistent with the corresponding terms and conditions provided
                                         herein. GSK shall remain liable to CureVac for all obligations under this Agreement,
                                         including all payment obligations, and shall send to CureVac a copy of the signed sublicensing
                                         agreement within [*****] after its execution, subject to the reasonable redaction of
                                         confidential information. CureVac acknowledges that all information provided to CureVac
                                         by GSK under this Section 2.2.2 shall be deemed Confidential Information of GSK
                                         and shall be subject to the terms and conditions of Section 11.

 

		2.3	Pathogen Exclusivity.

 

    	 	 	28

     

    

 

		2.3.1	GSK.
                                         GSK shall work exclusively with CureVac on the Development, Manufacture and Commercialization
                                         of Products targeting a Collaboration Pathogen, and GSK shall not, and shall procure
                                         that its Affiliates and Sublicensees holding rights to the CureVac Technology in the
                                         Field and in the Territory will not, develop, manufacture or commercialize, solely or
                                         with a Third Party, any prophylactic and/or therapeutic mRNA-Based vaccine or mRNA-Based
                                         antibody targeting a Collaboration Pathogen other than a Product Developed and/or Commercialized
                                         under this Agreement. This Section 2.3.1 and the covenants set forth herein shall
                                         not apply to activities of any Third Party (or such Third Party's Affiliates) that becomes
                                         an Affiliate of GSK solely as a result of a Change of Control in GSK, provided that such
                                         activities are performed without using the mRNA technology described in the Know-How,
                                         or within the scope of the specification of the Patents Rights, Controlled by GSK (excluding,
                                         for clarity any CureVac Know-How or CureVac Patent Rights). Notwithstanding the foregoing,
                                         GSK shall be permitted to continue development activities targeting the same Collaboration
                                         Pathogen immediately prior to the Effective Date, and which accordingly fall within the
                                         scope of the exclusivity commitment set out in this Section 2.3.1, for up to [*****]
                                         from the Effective Date, whilst GSK carries out an orderly wind-down of those activities.

 

		2.3.2	CureVac.
                                         Subject to CureVac's obligations as set forth in items (ii) and (iii) of
                                         the Disclosure Letter, CureVac shall work exclusively with GSK on the Development, Manufacture
                                         and Commercialization of Products targeting a Collaboration Pathogens, and CureVac shall
                                         not, and shall procure that its Affiliates will not, develop, manufacture or commercialize,
                                         solely or with a Third Party, any prophylactic and/or therapeutic mRNA-Based vaccine
                                         or mRNA-Based antibody targeting a Collaboration Pathogen other than a Product Developed
                                         and/or Commercialized under this Agreement. This Section 2.3.2 and the covenants
                                         set forth herein shall not apply to activities of any Third Party (or such Third Party's
                                         Affiliates) that becomes an Affiliate of CureVac solely as a result of a Change of Control
                                         in CureVac, provided that such activities are performed without using the CureVac mRNA
                                         technology described in the CureVac Know-How or within the scope of specification of
                                         the CureVac Patent Rights.

 

		2.3.3	Exclusivity
                                         Term. The covenants laid down in this Section 2.3 shall apply for a period commencing
                                         on the Effective Date, or in case of a Collaboration Pathogen targeted by a Replacement
                                         Product or an Optioned Product, the date of receipt of the Replacement Notice or Option
                                         Notice, as applicable, by CureVac until the expiry or termination of this Agreement.
                                         For the avoidance of doubt, in case GSK has replaced an Initial Other Product pursuant
                                         to Section 3.6 or has terminated a Program pursuant to Section 14.2, the Pathogen
                                         targeted by such Replaced Product or under such terminated Program, as applicable, shall
                                         no longer qualify as Collaboration Pathogen if that Pathogen is no longer targeted by
                                         another Product, and consequently, the exclusivity obligations laid down in this Section 2.3
                                         shall terminate with respect to such Pathogen, unless the respective Pathogen is targeted
                                         under another ongoing Program. In relation to the Initial Products only, if the Program
                                         for one of the Initial Products is terminated or replaced by a Replacement Product, the
                                         covenants laid down in this Section 2.3.3 shall continue to apply with respect to
                                         any other Initial Product targeting the same Pathogen, but no longer in relation to the
                                         terminated or replaced Initial Product (even though it targets the same Pathogen). For
                                         the avoidance of doubt, upon termination or replacement of such Initial Product, all
                                         rights and licenses with respect to such Initial Product will return to CureVac subject
                                         to and in accordance with Section 15, and GSK will not be allowed to use the CureVac
                                         Technology, including the CureVac Know-How, any Joint Product Invention or any Joint
                                         Other Invention, unless expressly set forth in Section 15 or unless CureVac has
                                         granted a license to GSK under terms to be negotiated.

 

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		2.4	Trademarks.

 

		2.4.1	Registration.
                                         As between the Parties and their Affiliates, GSK shall be solely authorized to determine
                                         the brand, trade name, logo and trade dress under which the Finished Products shall be
                                         Commercialized in the Territory. GSK shall have the first right, but not the obligation,
                                         to prepare, file, prosecute and maintain, at its own expense, any Brand IP for the Finished
                                         Products in the Territory; provided, however, that nothing herein shall grant
                                         GSK any right to use any trademark Controlled by CureVac and/or CureVac's Affiliates.
                                         GSK will own all right, title and interest in and to any such trademark it selects in
                                         its own name during and after the Term, subject to the licenses granted to CureVac with
                                         respect to the CureVac Territory under Section 6.

 

		2.4.2	Restrictions.
                                         Subject to any separate agreement(s) amongst the Parties (or their Affiliates),
                                         CureVac shall not, and shall cause their respective Affiliates not to, during the Term:
                                         (i) use or attempt to use any marks, brands or trade dress identical or similar
                                         to those covered by the Brand IP of GSK or its Affiliates, except as permitted by this
                                         Agreement or any Ancillary Agreement; (ii) register or attempt to register or procure
                                         the registration anywhere in the world of any mark as a trademark for any goods or services
                                         or as a domain name that is same as or confusingly similar to the Brand IP for the Finished
                                         Products; (iii) use any Brand IP for any of the Finished Products in any way which
                                         could tend to allow it to become generic, to lose its distinctiveness, to become liable
                                         to mislead the public or which would otherwise be detrimental or inconsistent with the
                                         good name, goodwill, reputation or image of the Parties; (iv) challenge the ownership
                                         of the Brand IP belonging to GSK or its Affiliates except if Brand IP is prosecuted in
                                         breach of this Agreement; or (v) register or attempt to register or procure the
                                         registration of or use any mark or domain name that incorporates the letters “[*****]”
                                         either as a prefix or a suffix for use in connection with a pharmaceutical product. This
                                         Section 2.4.2 and the covenants set forth herein shall not apply to a Third Party
                                         (or such Third Party's Affiliate) that becomes an Affiliate of CureVac solely as a result
                                         of a Change of Control in CureVac.

 

		2.5	Documents
                                         and Declarations. CureVac shall execute all documents, give all declarations regarding
                                         the licenses granted hereunder and reasonably cooperate with GSK to the extent such documents,
                                         declarations and/or cooperation are required for the recording or registration of the
                                         licenses granted hereunder at the various patent offices in the GSK Territory for the
                                         benefit of GSK. GSK shall reimburse CureVac for its reasonable and demonstrable external
                                         out of pocket costs associated therewith up to a total amount of EUR 20,000.

 

		2.6	No
                                         Implied License. Nothing in this Agreement shall be deemed to constitute the grant
                                         of any license or other right to either Party in respect of any technology of the other
                                         Party, except as expressly set forth herein, and no license rights shall be created hereunder
                                         by implication, estoppel or otherwise. Neither Party shall represent to any Third Party
                                         that it enjoys, possesses, or exercises any proprietary or property right or otherwise
                                         has any other right, title or interest in the technology of the other Party except for
                                         such rights as are expressly set forth herein. Any rights of a Party not expressly granted
                                         to the other Party under the provisions of this Agreement shall be retained by such Party.

 

    	 	 	30

     

    

 

 

		2.7	In-Licensing Agreements.

 

		2.7.1	Future
                                         In-Licensed IP. If during the Term, CureVac obtains, other than by way of a Change
                                         of Control, a sublicensable license to any Patent Rights or Know-How Controlled by a
                                         Third Party that is useful, but which is not necessary to obtain freedom to operate with
                                         respect to the use or exploitation of the mRNA, LNP, CVCM and other technology or information,
                                         each as described in the CureVac Know-How or within the scope of the specification of
                                         the CureVac Patent Rights (excluding any Invention or Know-How jointly owned by the Parties)
                                         (the "CureVac Elements"), for the Development, Manufacture and Commercialization
                                         of Products under this Agreement ("In-Licensed IP"), CureVac shall (i) notify
                                         GSK of the rights that CureVac has obtained with respect to such In-Licensed IP, (ii) use
                                         commercially reasonable endeavors to obtain the right to sub-license those Patent Rights,
                                         and (iii) notify GSK of the applicable financial terms, which shall be non-discriminatory
                                         (as between GSK and any other sublicensee of CureVac). GSK shall notify CureVac within
                                         [*****] after receipt of such notice whether GSK desires to include such In-Licensed
                                         IP under the license granted to GSK by CureVac pursuant to Section 2.1. If GSK notifies
                                         CureVac that it desires to include such In-Licensed IP under the license granted to GSK
                                         by CureVac pursuant to Section 2.1, then (i) such In-Licensed IP is and shall
                                         be automatically included in the definition of CureVac Know-How or CureVac Patent Rights,
                                         as applicable, and be licensed to GSK under Section 2.1, and (ii) as a sublicensee
                                         of CureVac, GSK will meet all obligations of CureVac that are applicable to GSK's activities
                                         as a sub-licensee (to the extent notified by CureVac to GSK in advance in writing); and
                                         (iii) GSK shall reimburse CureVac for additional amounts payable by CureVac under
                                         such license to such Third Party to the extent directly arising as a result of (x) the
                                         grant of such sublicense to GSK or (y) the use of the In-Licensed IP by the Development,
                                         Manufacture or Commercialization of Products by GSK, its Affiliates, and Sublicensees.

 

		2.7.2	Enforcement,
                                         Maintenance and Amendment of In-Licensing Agreements. CureVac will reasonably enforce
                                         (including in connection with any counterparty's breach of any representations or warranties
                                         under the applicable In-Licensing Agreements), or otherwise take the actions necessary
                                         to enable GSK to enforce, CureVac's rights, benefits and the obligations of the respective
                                         counterparties under the In-Licensing Agreements that may impact the rights, benefits
                                         and obligations of GSK hereunder, and will inform GSK of any action it may take under
                                         the In-Licensing Agreements to the extent such action may impact GSK's interest under
                                         the respective In-Licensing Agreement. CureVac shall: (i) fulfil all of its obligations,
                                         including its payment obligations, under the In-Licensing Agreements; and (ii) not
                                         take any action or omit to take any action that would materially adversely affect, or
                                         would reasonably be expected to materially adversely affect, GSK's rights, benefits and
                                         obligations under this Agreement. CureVac shall reasonably notify GSK of any default,
                                         termination or amendment of, the In-Licensing Agreements, to the extent such default,
                                         termination or amendment may have an impact of GSK.

 

    	 	 	31

     

    

 

		3.	PRODUCT
                                         ADJUSTMENTS; REPLACEMENT RIGHT; EXCLUSIVE OPTION.

 

		3.1	Product
                                         Composition. As between the Parties, subject to Sections 2.1.3 and 2.1.4 with
                                         respect to the LNP Technology and subject to the replacement mechanism under Section 3.6,
                                         the clearance mechanism under Section 3.4 and Section 3.5, the composition
                                         restrictions under Section 3.2, the adjustment mechanism under Section 3.3,
                                         and the limitations to GSK’s decision-making rights set forth in Section 7.5.2b(i),
                                         GSK shall have the right, in its sole discretion, to determine the composition of a Product,
                                         including [*****].

 

		3.2	Composition Restrictions.

 

		3.2.1	General
                                         Restriction. Each Product must incorporate CureVac mRNA containing [*****].

 

		3.2.2	Vaccine
                                         Restrictions. Initial Products and Other Products (including any Product Adjustments)
                                         that are vaccines shall be subject to the following restrictions: each shall consist
                                         of a maximum number of [*****]. For each such vaccine Product, GSK shall designate the
                                         primary vaccine Antigen and the additional vaccine Antigens as of the Effective Date
                                         or upon selection of the Replacement Product.

 

		3.2.3	Antibody
                                         Restrictions. For the purposes of this Agreement, (i) the maximum number of
                                         Antigens that a single Antibody can bind to is [*****] Antigens and (ii) unless
                                         otherwise set forth herein, Antibody shall include an Antibody Combination, as applicable.
                                         For each such Antibody Product, GSK shall designate the primary Antibody and the additional
                                         Antibodies as of the Effective Date or upon selection of the Replacement Product.

 

		3.3	Product Adjustments.

 

		3.3.1	Product
                                         Adjustments. If, further to Section 3.1 and subject to the restrictions laid
                                         down in Section 3.1, GSK wishes to only change the additional vaccine Antigen(s) or
                                         additional Antibody(ies), but not the primary vaccine Antigen or the primary Antibody
                                         of a Product, such change shall constitute a "Product Adjustment" and
                                         be handled in accordance with this Section 3.3. Where GSK wishes to change the primary
                                         Antigen or the primary Antibody of a Product, with or without changing the Pathogen or
                                         combination of Pathogens targeted by such Product, such change shall constitute a Product
                                         Replacement and be handled in accordance with Section 3.6.

 

		3.3.2	Product
                                         Adjustment Notice. If GSK intends to make a Product Adjustment, GSK shall send a
                                         written request to CureVac identifying the details of such Product Adjustment, including,
                                         if a change to an LNP License is needed for such Product Adjustment, all details necessary
                                         for CureVac to perform the clearance in accordance with Section 3.4 and, if applicable,
                                         Section 3.5.1. Within [*****] following receipt of the adjustment request, the Antigen/Antibody
                                         List Rep will perform the Antigen/Antibody clearance in accordance with Section 3.4
                                         and, if applicable, Section 3.5.1. Within [*****] upon receipt of the confirmation
                                         from the LNP Provider that the additional Antigen or additional Antibody is available
                                         for licensing, CureVac shall secure the LNP License for such additional vaccine Antigen
                                         or additional Antibody, as applicable, from the LNP Provider, and the Parties will work
                                         on an amendment to the R&D Plan for the respective Product.

 

    	 	 	32

     

    

 

		3.4	Clearance in relation to
                                         LNP.

 

If GSK intends to make a Product
Adjustment, exercise its Replacement Right or exercise its Exclusive Option, GSK may request CureVac in writing to perform an
Antigen clearance under the LNP Agreement or an Antigen or Antibody clearance under the Option LNP Agreement, such clearance to
be conducted in accordance with the following process: First, GSK shall notify a specific representative designated by CureVac
in writing that GSK wishes to conduct an Antigen or Antibody clearance ("Antigen/Antibody List Rep") and shall
provide all information required to perform such clearance by using the clearance template attached hereto as Exhibit 3.4
("Clearance Template"). Second, within [*****] from receipt of such information from GSK, the Antigen/Antibody
List Rep shall contact the antigen or antibody list representative of the LNP Provider or the Option LNP Provider, as applicable,
to confirm whether the Antigen or Antibody is available for licensing.

 

		3.5	Further
                                         Clearance and Reservation.

 

		3.5.1	Clearance.
                                         If applicable, GSK may request CureVac in writing to perform an Antigen clearance
                                         under CureVac’s pre-existing agreement as listed in paragraph 4 of item (iii) in
                                         the Disclosure Letter, such clearance to be conducted in accordance with the following
                                         process:

 

		(i)	GSK shall notify the Antigen/Antibody
                                         List Rep in writing that GSK wishes to conduct such Antigen clearance, and shall provide
                                         all information required to perform such clearance by using the Clearance Template.

 

		(ii)	Within
                                         [*****] from receipt of such information from GSK, the Antigen/Antibody List Rep shall
                                         verify that the requested Antigen is not associated with an Excluded Pathogen and shall
                                         confirm whether the Antigen is available, meaning it has not been reserved previously
                                         by the counterparty to a pre-existing agreement as listed in paragraph 4 of item
                                         (iii) in the Disclosure Schedule in accordance with its terms.

 

		(iii)	Upon confirmation, the Antigen/Antibody
                                         List Rep shall notify GSK thereof, and the Antigen shall become a Reserved Antigen, provided
                                         that the maximum number of reserved Antigens may not be exceeded.

 

		3.5.2	Reservation
                                         of Antigens. For a term of [*****] after the Closing Date ("Reservation Period"),
                                         and, subject to the clearance mechanism under Section 3.5.1, GSK shall have the
                                         right to reserve a maximum number of [*****] under the CureVac Technology for use in
                                         the Field (each, a "Reserved Antigen"). Subject to the clearance mechanism
                                         under Section 3.5.1, GSK may change the Antigens that constitute Reserved Antigens
                                         during the Reservation Period. The Antigens listed in Exhibit 3.5.2 shall
                                         be deemed Reserved Antigens as at the Closing Date. Without limiting any other obligation
                                         of CureVac under this Agreement (including under Section 2.3 and 3.7.6), during
                                         the Reservation Period, CureVac, itself or through its Affiliates, may not grant any
                                         rights to a Third Party for a Reserved Antigen under the CureVac Technology for use in
                                         the Field.

 

    	 	 	33

     

    

 

		3.6	Replacement
                                         of Products.

 

		3.6.1	Replacement
                                         Right. Until [*****], subject to the composition restrictions under Section 3.2,
                                         the clearance mechanism under Section 3.4 and, if applicable, Section 3.5.1,
                                         and subject to Sections 2.1.3 and 2.1.4 with respect to the LNP Technology, GSK has the
                                         right to replace any of the then-current Products with a CureVac mRNA-Based vaccine or
                                         CureVac mRNA-Based Antibody that consists of a different primary Antigen or primary Antibody
                                         respectively, and which may target a different Pathogen or combination of Pathogens,
                                         other than an Excluded Pathogen ("Replacement Right"), provided that
                                         GSK may exercise its Replacement Right a maximum of [*****] times. GSK may replace a
                                         Product with (i) a new CureVac mRNA-Based vaccine or CureVac mRNA-Based Antibody
                                         (including for the same Pathogen or combination of Pathogens, but with a different primary
                                         Antigen or primary Antibody), or (ii) a CureVac mRNA-Based vaccine or CureVac mRNA-Based
                                         Antibody which is, at the time when GSK exercises its Replacement Right, under development
                                         by CureVac outside the scope of this Agreement (each, a "Replacement Product").
                                         For the purposes of this Section 3.6, "under development by CureVac" shall
                                         mean that CureVac has generated Proof of Concept Data with respect to the Replacement
                                         Product.

 

		3.6.2	Replacement
                                         Notice. If GSK intends to exercise its Replacement Right, GSK shall send a written
                                         replacement request to CureVac (at any time before the expiry of the period specified
                                         in Section 3.6.1) identifying: (i) the Product to be replaced ("Replaced
                                         Product"); (ii) the Replacement Product that GSK seeks to Develop; (iii) the
                                         LNP or CVCM that GSK desires to use for the Replacement Product; and (iv) if applicable,
                                         the Antibody and/or Antigens that GSK wishes to clear in accordance with Section 3.4
                                         and Section 3.5 ("Replacement Request"). Within [*****] following
                                         the Replacement Request, the Parties will hold a JSC meeting for discussing the details
                                         with respect to the Replacement Product and the desired LNP or CVCM for such Replacement
                                         Product, and CureVac will provide to GSK all data, documents and information reasonably
                                         required by GSK to assess whether it wishes to exercise its Replacement Right with respect
                                         to the respective Replacement Product, including the amount of the Replacement Exercise
                                         Fee, if any. Within [*****] following this JSC and unless directed otherwise by GSK in
                                         writing, the Antigen/Antibody List Rep will perform the requisite Antigen/Antibody clearance
                                         in accordance with Section 3.4 and, if applicable, Section 3.5.1, GSK shall
                                         exercise its Replacement Right by sending written notice to CureVac within [*****] following
                                         the confirmation by the Antigen/Antibody List Rep that the Antibodies and/or Antigens
                                         are available to GSK ("Replacement Notice"). Following receipt of the
                                         Replacement Notice by CureVac, the Parties shall as soon as reasonable practicable work
                                         on an initial R&D Plan for the Replacement Product in accordance with Section 4.3.2,
                                         and CureVac shall, if an LNP is selected by GSK and cleared, secure the LNP License from
                                         the respective LNP Provider.

 

    	 	 	34

     

    

 

		3.6.3	Replacement
                                         Exercise Fee. If
                                         GSK exercises its Replacement Right for an existing Replacement Product, i.e., a CureVac
                                         mRNA-Based Vaccine or CureVac mRNA-Based Antibody already under development by CureVac,
                                         GSK shall make the following payments to CureVac: (i) GSK shall compensate CureVac
                                         for all reasonable, duly documented and demonstrable development costs and expenses exclusively
                                         relating to such Replacement Product incurred by CureVac or its Affiliates since (and
                                         in respect of the period after) the Closing Date (including in case of a Replacement
                                         Product acquired by CureVac from a Third Party that portion of the fee paid to that Third
                                         Party that relates to the Replacement Product), provided, however, that with respect
                                         to any Replacement Product targeting [*****], such compensation shall also include costs
                                         and expenses incurred by CureVac or any of its Affiliates before the Closing Date in
                                         the amount specified in Section 3.7.3; and (ii) GSK shall pay to CureVac any
                                         milestone payments which would have been due since the Closing Date, if such Replacement
                                         Product had been an Other Product as at the Closing Date, if any (the payments under
                                         (i) and (ii) together, the "Replacement Exercise Fee"). The
                                         Replacement Exercise Fee is to be paid by GSK to CureVac within [*****] after receipt
                                         of an invoice from CureVac, with supportive documentation reasonably detailing the costs
                                         and expenses incurred by CureVac. By way of example: If GSK exercises its Replacement
                                         Right for a Replacement Product under development by CureVac outside the scope of this
                                         Agreement for which CureVac has [*****] at the time GSK exercises its Replacement Right,
                                         GSK shall reimburse CureVac for any reasonable, duly document Development costs and expenses
                                         incurred by CureVac since (and in respect of the period after) the Closing Date and exclusively
                                         relating to such Replacement Product and, in addition, shall pay to CureVac accrued,
                                         non-refundable and non-creditable Development & Regulatory Milestone
                                         Payments in the amounts of [*****].

 

		3.6.4	Replacement.
                                         Upon (i) receipt of a Replacement Notice by CureVac, (ii) full payment
                                         of the Replacement Exercise Fee from GSK to CureVac, if applicable, and (iii) the
                                         Parties having agreed on an initial R&D Plan for the Replacement Product, the relevant
                                         Replacement Product shall become an Other Product. The Parties shall Develop such Replacement
                                         Product pursuant to Section 4.3.2, and, unless set forth otherwise, all terms and
                                         conditions relevant for the Development, Manufacture and Commercialization of Other Products
                                         shall apply to such Replacement Product (including licenses, milestone payments and royalties).
                                         All rights of GSK with respect to the Replaced Product shall terminate, the Pathogen
                                         targeted by the Replaced Product shall become an Excluded Pathogen (unless such Pathogen
                                         is targeted by another Product), and Section 14.6 and Section 15.1 shall apply
                                         with respect to the replaced Program and the Replacement Product. For the avoidance of
                                         doubt, a Product Adjustment shall not constitute a replacement for the purposes of this
                                         Section 3.6.

 

		3.7	Exclusive
                                         Option.

 

		3.7.1	Option
                                         Grant. Until
                                         [*****] ("Option Period"), subject to the composition restrictions under
                                         Section 3.2, the clearance mechanism under Section 3.4 and, if applicable,
                                         Section 3.5.1, and subject to Sections 2.1.3 and 2.1.4 with respect to the
                                         LNP Technology, CureVac hereby grants to GSK, and GSK hereby accepts, the exclusive option
                                         to obtain exclusive licenses under the CureVac Technology to Develop, Manufacture and
                                         Commercialize further CureVac mRNA-Based vaccines or CureVac mRNA-Based Antibodies, in
                                         addition to the then-current Products, targeting a different Pathogen or combination
                                         of Pathogens other than an Excluded Pathogen in the Field ("Exclusive Option").
                                         GSK may exercise its Exclusive Option only with respect to a CureVac mRNA-Based vaccine
                                         or a CureVac mRNA-Based Antibody which is, at the time when GSK exercises its Exclusive
                                         Option, under development by CureVac outside the scope of this Agreement (each, an "Optioned
                                         Product"). For the purposes of this Section 3.7, "under development
                                         by CureVac" shall mean that CureVac has generated Proof of Concept Data with respect
                                         to the Optioned Product.

 

    	 	 	35

     

    

 

		3.7.2	Option
                                         Exercise Notice. If GSK intends to exercise its Exclusive Option, GSK shall send
                                         (at any time before the expiry of the Option Period) a written notice to CureVac identifying
                                         the Optioned Product that GSK seeks to Develop ("Option Request"). Within
                                         [*****] following receipt of the Option Request, the Antigen/Antibody List Rep will perform
                                         an LNP clearance in accordance with Section 3.4. Within [*****] following the request,
                                         the Parties will hold a JSC meeting for discussing the details of the envisaged collaboration,
                                         and CureVac will notify GSK of the amount of the Option Exercise Fee and will provide
                                         to GSK all data, documents and information reasonably required by GSK to assess whether
                                         it wishes to exercise its Exclusive Option with respect to the respective Optioned Product.
                                         GSK shall exercise its Exclusive Option by sending written notice to CureVac within [*****]
                                         following such JSC meeting ("Option Exercise Notice"). Following receipt
                                         of the Option Exercise Notice by CureVac, the Parties shall as soon as reasonably practicable
                                         work on an initial R&D Plan for the Optioned Product in accordance with Section 4.3.2,
                                         and CureVac shall secure the LNP License from the LNP Provider, or in case GSK exercises
                                         its option, from the Option LNP Provider.

 

		3.7.3	Option
                                         Exercise Fee.

 

		3.7.4	If
                                         GSK exercises its Exclusive Option, GSK shall make the following payments to CureVac:
                                         (i) GSK shall compensate CureVac for all reasonable and demonstrable Development
                                         costs and expenses exclusively relating to such Optioned Product incurred by CureVac
                                         or its Affiliates since (and in respect of the period after) the Closing Date (including
                                         in case of an Optioned Product acquired by CureVac from a Third Party that portion of
                                         the fee paid to that Third Party that relates to the Optioned Product), provided,
                                         however, that with respect to any Optioned Product targeting [*****], the compensation
                                         by GSK shall also include the costs and expenses incurred by CureVac or any of its Affiliates
                                         before the Closing Date in the amount of [*****]; and (ii) GSK shall pay to CureVac
                                         any milestone payments which would have been due since the Closing Date, if such Optioned
                                         Product had been an Other Product as at the Closing Date, if any (the payments under
                                         (i) and (ii) together, the "Option Exercise Fee"). The Option
                                         Exercise Fee is to be paid by GSK to CureVac within [*****] after receipt of an invoice
                                         from CureVac, with supportive documentation reasonably detailing the costs and expenses
                                         incurred by CureVac. By way of example: If GSK exercises its Exclusive Option
                                         for an Optioned Product under development by CureVac outside the scope of this Agreement
                                         for which CureVac has [*****] at the time GSK exercises its Exclusive Option, GSK shall
                                         reimburse CureVac for any reasonable, demonstrable and duly documented Development costs
                                         and expenses incurred by CureVac since (and in respect of the period after) the Closing
                                         Date and exclusively relating to such Optioned Product and, in addition, shall pay to
                                         CureVac accrued, non-refundable and non-creditable Development & Regulatory
                                         Milestone Payments in the amounts of [*****].

 

    	 	 	36

     

    

 

	 	3.7.5	Option
    Exercise. Upon (i) receipt of an Option Exercise Notice by CureVac, (ii) full
    payment of the Option Exercise Fee from GSK to CureVac, and (iii) the Parties having agreed on an initial R&D Plan
    for the Optioned Product, the relevant Optioned Product shall become an additional Other Product. The Parties shall Develop
    such additional Optioned Product pursuant to Section 4.3.2, and, unless set forth otherwise, all terms and conditions
    relevant for the Development, Manufacture and Commercialization of Other Products shall apply to such Optioned Product (including
    licenses, milestone payments and royalties).

 

		3.7.6	Exclusivity
                                         during Option Period. Subject to CureVac's obligations as set forth in items (ii) and
                                         (iii) of the Disclosure Letter, during the Option Period, CureVac shall not commercialize,
                                         and shall not grant any rights to a Third Party for the development or commercialization
                                         of any prophylactic or therapeutic mRNA-Based vaccine or mRNA-Based antibody targeting
                                         a Pathogen other than an Excluded Pathogen in the Field without GSK's express, written
                                         waiver of its rights under the Exclusive Option, which GSK may grant or withhold in its
                                         sole discretion. For clarity, subject to Section 2.3.2, the Exclusive Option granted
                                         to GSK does not prevent CureVac from initiating or continuing internal Development programs
                                         for mRNA-Based vaccines or Antibodies.

 

		4.	RESEARCH
                                         AND DEVELOPMENT COLLABORATION.

 

		4.1	First Product.

 

The Parties shall collaborate
on the further Development of the First Product. The initial Development plan for the First Product that the Parties will implement
is attached hereto as Exhibit 4.1, and may be amended from time to time by the JSC in accordance with this Agreement
("First Product R&D Plan"). CureVac will complete preclinical validation and sponsor a Clinical Phase I Study
of this First Product, unless the Parties agree on a different clinical Development approach within the JSC. Unless GSK replaces
the Product in accordance with Section 3.6 or the Program is terminated, GSK will conduct all subsequent Development activities,
including activities to obtain Regulatory Approval for such Product, which CureVac shall support, including by the clinical supply
of Products. Each Party will perform the aforementioned activities in accordance with this Agreement and the First Product R&D
Plan (as amended from time to time).

 

		4.2	Second Product.

 

The Parties shall collaborate
on the Development of the Second Product. The initial R&D Plan for the Second Product is attached hereto as Exhibit 4.2,
and may be amended from time to time by the JSC in accordance with this Agreement ("Second Product R&D Plan").
Subject to the terms and conditions of this Agreement and in accordance with the Second Product R&D Plan, the Parties will
perform the following Development activities in respect of the Second Product:

 

		(i)	the Parties will collaborate on
                                         the Antigen design and the identification of the precise target;

 

		(ii)	CureVac will perform the mRNA
                                         design and formulation and will conduct the pre-clinical validation;

 

    	 	 	37

     

    

 

		(iii)	CureVac will sponsor a first
                                         Clinical Phase I Study, unless the Parties agree on a different clinical development
                                         approach within the JSC; and

 

		(iv)	unless GSK replaces the Product
                                         in accordance with Section 3.6 or the Program is terminated, GSK will conduct all
                                         subsequent Development activities, including regulatory activities to obtain Regulatory
                                         Approval for such Product, which CureVac shall support, including by the clinical supply
                                         of Products.

 

		4.3	Other Products.

 

		4.3.1	Initial
                                         Other Product. The Parties shall collaborate on the Development of the Initial Other
                                         Products. An initial R&D Plan for each of these Products is attached hereto as Exhibit 4.3.1(A)-(C),
                                         and may be amended from time to time by the JSC in accordance with this Agreement (each,
                                         an "Other Product R&D Plan"). Subject to the terms and conditions
                                         of this Agreement and in accordance with the respective Other Product R&D Plan, the
                                         Parties will perform the following Development activities in respect of each of the Other
                                         Products:

 

		(i)	the Parties will collaborate on
                                         the Antigen design and the identification of the precise target;

 

		(ii)	CureVac will perform the mRNA
                                         design and formulation, and will conduct the pre-clinical validation; and

 

		(iii)	CureVac will sponsor a first
                                         Clinical Phase I Study, unless in light of achieving the subsequent clinical development
                                         and Regulatory Approval of this Product expediently, the Parties agree on a different
                                         clinical development approach within the JSC; and

 

		(iv)	unless GSK replaces the Product
                                         in accordance with Section 3.6 or the Program is terminated, GSK will conduct all
                                         subsequent Development activities, including regulatory activities to obtain Regulatory
                                         Approval for such Product, which CureVac shall support, including by the clinical supply
                                         of Products.

 

		4.3.2	Subsequent
                                         Other Products. If GSK has exercised its Replacement Right pursuant to Section 3.6
                                         or its Exclusive Option pursuant to Section 3.7, the Parties shall collaborate on
                                         the Development of such Replacement Product or Optioned Product, as applicable. As soon
                                         as reasonably practicable following the exercise of the Replacement Right or Exclusive
                                         Option by GSK, as applicable, the Parties shall jointly work on an R&D Plan for such
                                         Replacement Product or Optioned Product, as applicable, and shall submit such draft R&D
                                         Plan to the JSC for approval. Following approval of such R&D Plan by the JSC, each
                                         Party shall perform the activities allocated to such Party under the respective R&D
                                         Plan. The Parties shall jointly work on the Development of such Product up to and including
                                         the Clinical Phase I Study and, unless the Program is terminated, GSK will conduct all
                                         subsequent Development activities, including activities to obtain Regulatory Approval
                                         for such Product, which CureVac shall support, including by the clinical supply of Products,
                                         all in accordance with this Agreement and the applicable R&D Plan.

 

    	 	 	38

     

    

 

		4.4	Development
                                         Data, results and records. On a Program-by-Program basis, at such intervals as set
                                         forth in the applicable R&D Plan for the respective Program, or in the absence of
                                         any such provision in the applicable R&D Plan, at reasonable intervals, the Parties
                                         will make available to one another through formal reports for review and discussion within
                                         the JSC all Development Data and other results of the Development conducted pursuant
                                         to any Program, and will keep such records (paper and electronic) as described herein.
                                         The Parties will maintain records of the Development Data and other results in sufficient
                                         detail as required from Regulatory Authorities and in good scientific manner appropriate
                                         for patent purposes, and in a manner that properly reflects all work done and results
                                         achieved in the performance of such Programs.

 

		4.5	Development
                                         Funding. GSK shall, subject to the remainder of this Section 4.5, compensate
                                         CureVac for the Development Costs CureVac incurs performing the Development activities
                                         set forth in each R&D Plan (with FTE calculated at the FTE Rate) in accordance with
                                         the budget and assumptions as agreed under that R&D Plan. The Parties shall in good
                                         faith consider means of gaining efficiencies in the performance of the R&D Plans
                                         that have a positive impact on the associated budget, such as outsourcing of certain
                                         research activities to a subcontractor. The compensation is to be paid by GSK to CureVac
                                         on a Calendar Quarterly basis. GSK shall make payments to CureVac within [*****] after
                                         receipt of an invoice from CureVac, which CureVac shall provide on a Calendar Quarterly
                                         basis, with supportive documentation reasonably detailing the composition of the agreed
                                         budgeted cost (with FTE calculated at the FTE Rate) for the applicable Calendar Quarter
                                         period. CureVac shall notify GSK as soon as reasonably practicable in the event that
                                         it becomes aware that Development Costs are expected to deviate from the amounts approved
                                         in the Development budget, as a result of a change to the assumptions under the R&D
                                         Plan, whereupon the Parties shall discuss the causes of such deviation and evaluate potential
                                         mitigation measures relating thereto, and an appropriate adjustment (if any) to the Development
                                         budget. The Parties shall refer any Development budget increase amounting to greater
                                         than [*****] of the previously approved amount to the JSC for prior approval. Unless
                                         such budget increase is approved by the JSC, GSK shall not be liable to compensate any
                                         amounts to CureVac in excess of [*****] of the amount set out in the agreed Development
                                         budget from time to time. GSK shall not unreasonably withhold its approval to any budget
                                         increase which is reasonably required as a result of the change to a budgeting assumption
                                         set out in a R&D Plan.

 

    	 	 	39

     

    

 

		4.6	Materials.
                                         CureVac will provide GSK with any CureVac Materials required for Development use
                                         in the Programs, including those which comprise, embody or incorporate CureVac Background
                                         Technology. Without limiting the foregoing, this shall be carried out in accordance with
                                         the respective R&D Plan. GSK will provide CureVac with any GSK Materials required
                                         for research and Development use in the Programs, including those which comprise, embody
                                         or incorporate GSK Background Technology. Without limiting the foregoing, this shall
                                         be carried out in accordance with the respective R&D Plan. GSK will use the CureVac
                                         Materials and CureVac will use the GSK Materials, as applicable (i) only in accordance
                                         with the terms and conditions of this Agreement; (ii) not in human subjects, in
                                         clinical trials, or for diagnostic purposes involving human subjects, or for any animal
                                         studies, except as expressly provided for in R&D Plans; and (iii) not reverse
                                         engineer or chemically analyze the same except as expressly provided for (if at all)
                                         in R&D Plans. The Materials will remain the sole property of the Party supplying
                                         them and will be used by the recipient Party in compliance with all Applicable Laws and
                                         only to perform activities set forth in R&D Plans. The receiving Party shall not
                                         sell, transfer, disclose or otherwise provide access to the other Party's Materials without
                                         the written consent of the providing Party, except that the receiving Party may allow
                                         access to the other Party's Materials to its and its Affiliates' employees, officers,
                                         consultants, subcontractors and Sublicensees who require such access to perform its activities
                                         under this Agreement and solely for purposes consistent with this Agreement; provided
                                         that such employees, officers, consultants, subcontractors and Sublicensees are bound
                                         by agreement to retain and use the Materials in a manner that is consistent with the
                                         terms of this Agreement. The Materials are provided "as is". Except as expressly
                                         set out in this Agreement, no representations or warranties, express or implied, of any
                                         kind, are given by the providing Party with respect to any of the Materials including
                                         their condition, merchantability or fitness for a particular purpose. The receiving Party
                                         acknowledges the experimental nature of the Materials and that accordingly, not all characteristics
                                         of the Materials are necessarily known. Upon termination or expiry of this Agreement
                                         if earlier, any and all remaining Materials will, within [*****] after such event, be
                                         returned to the Party supplying them (or destroyed, if the supplying Party shall so specify,
                                         with such destruction confirmed in writing). The provision of Materials hereunder will
                                         not constitute any grant, option or license to or under such Materials, or any Patent
                                         Rights or Know-how of the supplying Party, except as expressly set forth herein.

 

 

		4.7	Know-How
                                         Transfer. As and when required in relation to an R&D Plan (and from time to time
                                         during the Term if new Know-How within the CureVac Know-How comes to be Controlled by
                                         CureVac) or as soon as reasonably practicable upon GSK's request, CureVac shall (at its
                                         cost and expense) disclose and/or deliver to GSK copies of all Development Data and information
                                         in CureVac's possession relating to the CureVac Know-How which is reasonably required
                                         for GSK's Development activities in accordance with the respective R&D Plan (including
                                         for regulatory purposes) ("Development Transfer Materials"), with the
                                         exception, however, of all Know-How comprised in the CureVac Manufacturing Technology
                                         which shall be made available to GSK or its designee as set forth in Section 5.2.3.
                                         The technology transfer to be undertaken under this Section 4.7 and under Section 5.2.3
                                         shall be overseen by the Joint Steering Committee. Any transfer of Know-How pursuant
                                         to this Section 4.7 shall be carried out on the basis of a specific technology transfer
                                         plan determined in good faith by the Parties and reflected in a technology transfer addendum
                                         to this Agreement, detailing at least the following activities together with appropriate
                                         timelines: (i) the provision by CureVac of soft copies and, to the extent reasonably
                                         required by GSK, hard copies of all Development Transfer Materials; (ii) the procurement
                                         by CureVac of the services of such qualified and experienced scientists and technicians,
                                         production and quality assurance personnel, engineers, and quality checking personnel
                                         as may be reasonably necessary to support the transfer of the Development Transfer Materials.
                                         Until completion of the transfer of the Development Transfer Materials, CureVac shall
                                         build and maintain a secure, readable, accessible and complete repository of the Development
                                         Transfer Materials.

 

    	 	 	40

     

    

 

 

		4.8	Regulatory Approvals of Product.

 

		4.8.1	Filing
                                         and Transfer of INDs. On a Product-by-Product basis, CureVac shall prepare and file
                                         INDs in accordance with the applicable R&D Plans. GSK shall have the right to review
                                         and comment on all such filings, and CureVac will take into good faith consideration
                                         any such comments provided by GSK within [*****] of GSK's receipt of such draft filings.
                                         As soon as is reasonably practicable after the completion of the [*****] for a Product,
                                         and in accordance with the instructions of GSK, CureVac shall (or shall cause its Affiliate
                                         to) assign and transfer to GSK the IND for such Product, and all of CureVac's and its
                                         Affiliates rights, interest and title therein, and GSK shall accept such assignment and
                                         transfer. GSK and CureVac each agree to use Diligent Efforts to take all actions required
                                         by a Regulatory Authority to effect the transfer of such IND and further agree to cooperate
                                         with each other in order to effectuate the foregoing transfer of such IND. At GSK’s
                                         direction, an IND may also occur by GSK’s filing of a new separate IND for the
                                         same Product, cross-referring to the first IND, followed by a later transfer and joining
                                         of the first IND, or by a close-out of the first IND. Following the transfer of the IND
                                         for a Product, GSK shall reimburse CureVac for all reasonable and demonstrable costs
                                         and expenses (including FTE costs at the FTE Rate) incurred by CureVac for the filing
                                         and transfer of that IND under the applicable R&D Plan. Until the transfer of an
                                         IND for a Product, CureVac shall be responsible for all regulatory interactions, including
                                         written communications and meetings with Regulatory Authorities, for any INDs filed by
                                         CureVac, provided that GSK shall have the right (i) to participate in meetings with
                                         Regulatory Authorities if permissible under Applicable Laws and/or (ii) to prepare
                                         and file INDs itself for any Product as set forth above. Furthermore, except in cases
                                         where this is not reasonably practicable, e.g. due to a deadline set by a Regulatory
                                         Authority, GSK shall have the right to review and comment on any written communications,
                                         and CureVac will take into good faith consideration any such comments provided by GSK.

 

		4.8.2	Other
                                         Regulatory Filings. GSK has the sole right to prepare and file all new drug applications
                                         (or equivalents) and shall own all Regulatory Approvals and be responsible for all decisions
                                         in connection with the Regulatory Approvals for Products in the Field and in the Territory,
                                         subject to GSK's diligence obligations under Section 4.10 and the rights granted
                                         to CureVac with respect to the Regulatory Approvals relevant for the CureVac Territory
                                         under Section 6 and the respective Distribution Agreement. With regard to CMC Development
                                         and Manufacturing, CureVac shall contribute the necessary sections for such filings,
                                         subject to review by GSK. On request by GSK, CureVac shall review and comment on all
                                         such filings and safety related documents, and GSK shall reimburse CureVac's reasonable
                                         FTE costs incurred on account of GSK's request at the FTE Rate. GSK will share with CureVac
                                         any regulatory filings before submission. CureVac shall cooperate in, and provide reasonable
                                         assistance to support, these efforts as reasonably requested by GSK. GSK shall provide
                                         CureVac with a final copy of each filing.

 

    	 	 	41

     

    

 

		4.8.3	Communications.
                                         Subject to Sections 4.8.1 and 4.8.6, and subject to the rights and obligations of CureVac
                                         under Section 6 and the respective Distribution Agreement with respect to the Regulatory
                                         Approvals relevant for the CureVac Territory, GSK shall be responsible for all regulatory
                                         interactions, including written communications and meetings with Regulatory Authorities,
                                         and safety management, including the reporting to the appropriate governmental authorities
                                         of all adverse events and any other information concerning the safety of Products. GSK
                                         will, as part of its regular updates through the JSC, inform CureVac in writing of any
                                         material feedback from Regulatory Authorities relating to any Product. Furthermore, at
                                         CureVac's request, GSK will provide copies of all Regulatory Approvals and material correspondence
                                         with Regulatory Authorities in the Major Markets relating to the Clinical Studies with
                                         respect to all Products to CureVac. CureVac shall have the right to participate as a
                                         silent observer in a meeting with Regulatory Authorities if and to the extent such meeting
                                         relates to the CureVac Technology. Furthermore, upon request of GSK, CureVac shall participate
                                         in a meeting with a Regulatory Authority, and GSK shall reimburse all of CureVac's FTE
                                         costs (at the FTE Rate) and expenses incurred on account of GSK's request.

 

		4.8.4	Sharing
                                         of information. CureVac will reasonably support GSK, at GSK's request, on all regulatory
                                         matters with respect to the Development and Commercialization of the Products, at GSK's
                                         cost, including by providing data and documents as reasonably required for obtaining
                                         Regulatory Approvals and for interactions with Regulatory Authorities regarding the Products,
                                         provided that such documents and data will remain the property and Confidential Information
                                         of CureVac, and GSK will only use such documents and data in accordance with Section 11.
                                         CureVac, on receipt of a request of GSK shall provide to GSK a summary of the safety,
                                         reactogenicity and immunogenicity data resulting from the [*****]. GSK may only use such
                                         data included in the summary for the Development of Products under this Agreement and
                                         such summary and the data contained therein will remain Confidential Information of CureVac.
                                         GSK may make such summary and the data contained therein available solely to employees
                                         of GSK that have a need to know such data for the Development of Products under this
                                         Agreement. CureVac may require GSK, as a condition for provision of the foregoing, to
                                         enter into a standard confidentiality agreement with a Third Party.

 

		4.8.5	Cross-referencing.
                                         To the extent required by GSK, or an Affiliate or Sublicensee of GSK to the Products,
                                         CureVac shall authorize and hereby authorizes GSK, its Affiliates and Sublicensees to
                                         cross reference to the sections of the regulatory dossiers of the clinical trials related
                                         to any other mRNA-Based product in the Field in development by CureVac or its Affiliates
                                         to the extent under the Control of CureVac. GSK shall notify CureVac in writing prior
                                         to any such cross-referencing. GSK will consider in good faith any request of CureVac
                                         or any of its Affiliates to authorize cross-referencing to the sections of the regulatory
                                         dossiers of the clinical trials related to the Products.

 

		4.8.6	Pharmacovigilance.
                                         The Parties shall have in place and will maintain during the Term (or, as applicable,
                                         until the obligations intended to survive termination of this Agreement have been fulfilled)
                                         systems, procedures, training programs and documentation needed to perform and comply
                                         with their pharmacovigilance regulatory obligations, and each Party shall promptly notify
                                         the other Party of any safety issues that may arise and that need to be reported under
                                         Applicable Laws. Each Party will ensure that it complies with all Applicable Laws regarding
                                         the Products relating to risk management, drug safety and pharmacovigilance. The Parties
                                         shall negotiate in good faith and conclude a pharmacovigilance agreement within [*****]
                                         as of the Closing Date.

 

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		4.9	CureVac
                                         Development Diligence. Subject to GSK complying with its obligations under
                                         this Agreement, CureVac will conduct all Development activities assigned to it the R&D
                                         Plans in a timely manner and in accordance with the R&D Plan, and obtain and maintain
                                         sufficient facilities, personnel (with appropriate qualifications and experience), equipment,
                                         materials and other resources as are reasonable and adequate to complete the R&D
                                         Plans.

 

		4.10	GSK
                                         Development and Regulatory Diligence. Subject to CureVac complying with its
                                         obligations under this Agreement, GSK will:

 

		(i)	conduct all Development activities
                                         assigned to it in the R&D Plans, progress the Products into the next appropriate
                                         Clinical Study, and obtain and maintain sufficient facilities, personnel (with appropriate
                                         qualifications and experience), equipment, materials and other resources as reasonably
                                         required to complete the R&D Plans; and

 

		(ii)	use its Diligent Efforts to secure
                                         biologics licensure by the FDA and marketing authorization by EMA following completion
                                         of all appropriate Clinical Studies.

 

		4.11	Use
                                         of GSK Technology. Subject to the terms and conditions of this Agreement, GSK hereby
                                         grants to CureVac, and CureVac accepts, a royalty-free, non-exclusive, license (with
                                         the right to sub-license in accordance with Section 4.12) to use the GSK Technology
                                         for performing the Development and Manufacturing activities allocated to CureVac under
                                         this Agreement (and, subject to the terms of each Ancillary Agreement, under the Ancillary
                                         Agreements).

 

		4.12	Right
                                         to Sublicense. CureVac shall have the right to sublicense its rights under
                                         Section 4.11 to any of its Affiliates, but not to any Third Party, subject only
                                         to the right to subcontract as set forth under Section 4.13 below.

 

		4.13	Subcontracts.
                                         Subject to the terms and conditions of this Agreement, the Parties may subcontract
                                         to Affiliates and Third Parties, including CROs and CMOs, portions of the Programs to
                                         be performed. Any subcontractor shall be required to enter into appropriate agreements
                                         with respect to non-disclosure of Confidential Information and ownership of any intellectual
                                         property developed in the course of subcontracted activities, unless such subcontracting
                                         would not require the transfer of the other Party's Confidential Information to the Affiliate
                                         or Third Party subcontractor and there is no reasonable possibility of the creation of
                                         new intellectual property. Each Party shall remain liable to the other Party for any
                                         act or omission of its subcontractor.

 

    	 	 	43

     

    

 

		5.	MANUFACTURING
                                         AND COMMERCIALIZATION.

 

		5.1	Manufacturing
                                         Facility. CureVac shall plan and carry out the completion of the installation and
                                         Regulatory Approval of the GMP-IV Manufacturing Facility, with two Drug Substance production
                                         lines each with a targeted scale up of five times compared to the current production
                                         process established at the GMP-III Manufacturing Facility and targeting a Drug Substance
                                         batch size of [*****] and the production of [*****] per year, at its own cost, due for
                                         completion by the Initiation of the [*****]. Furthermore, CureVac shall use Diligent
                                         Efforts to complete by the same date: (i) in-sourcing and process development of
                                         the Drug Product formulation process, including the LNP Technology; (ii) in-sourcing
                                         of the capability to produce DNA plasmids using the pDNA technology; and (iii) development
                                         of the supply chain for sourcing critical raw materials (the "Manufacturing Facility
                                         Enhancements"); provided that if the Parties agree in good faith that a CMO
                                         would be better suited to perform any of the activities under (i) and (ii), GSK
                                         shall relieve CureVac from its obligations with respect to (i) and/or (ii), as applicable,
                                         and provided further that the only and exclusive remedy in case of a breach by CureVac
                                         of its obligations to use Diligent Efforts to complete the Manufacturing Facility Enhancements
                                         under this Section 5.1 shall be that CureVac covers the costs for a bridging study
                                         in humans, if required solely as a result of such breach by CureVac, in the maximum amount
                                         of EUR 3,000,000. Subject to Section 5.2, up to once per quarter, GSK shall have
                                         the right to request and assess the plans proposed by CureVac regarding the foregoing
                                         and to monitor the progress, provided that, if and to the extent it is necessary for
                                         GSK to undertake an on-site visit for this purpose, GSK shall not be permitted to do
                                         so more than twice per Calendar Year. GSK may, where relevant and at its discretion,
                                         suggest appropriate improvements and provide additional support in connection with enhancement
                                         of the Manufacturing Process for Drug Product and the installation of the GMP-IV Manufacturing
                                         Facility, which CureVac may freely decide to implement or not. CureVac will reasonably
                                         consider to use the [*****] for the Manufacture of the Products; it being understood
                                         and agreed between the Parties that GSK may not request the disclosure of any Know-How
                                         or any technology transfer from CureVac with respect to the [*****] other than to the
                                         extent necessary for any Regulatory Filing for a Product.

 

		5.2	GSK
                                         Consultancy. GSK's assessment and suggestions with respect to enhancements
                                         and capacity expansion of Manufacturing of Drug Product in the GMP Manufacturing Facility
                                         will be according to GSK's best understanding at that time of the applicable requirements,
                                         practice and quality standards. In no circumstances shall GSK be liable in case of a
                                         discrepancy between the plans assessed by GSK and applicable standards, or a competent
                                         Regulatory Authority's disagreement with the proposed plans or a recommendation provided
                                         by GSK, nor if CureVac fails to correctly implement the GSK recommendations. Any consultancy
                                         provided by GSK under Section 5.1 shall be limited to providing advice and guidance,
                                         but shall exclude any activities regarding the actual implementation of such advice or
                                         guidance, which shall be CureVac's sole responsibility.

 

    	 	 	44

     

    

 

		5.2.1	Clinical
                                         Supply. All
                                         doses of Products required for use by GSK in accordance with this Agreement for the Development
                                         of Products (including for Clinical Studies) shall be Manufactured and supplied by CureVac
                                         or its Affiliates, as Drug Product filled in vials (without labelling and packaging or
                                         with labels agreed upon by GSK) for use in the Clinical Studies, whereby Drug Product
                                         must in each case be Manufactured by CureVac or its Affiliates at a GMP Manufacturing
                                         Facility and filling may be subcontracted to a CMO, each in accordance with GMP and Applicable
                                         Laws and the terms and conditions of one or more clinical supply agreement(s) and associated
                                         clinical Quality Agreement(s) to be negotiated and agreed between GSK and either or both
                                         CureVac, the CureVac Affiliate and/or CMO supplying the Products to GSK, no later than
                                         [*****] after the Closing Date, and in accordance with the terms and conditions set forth
                                         in Exhibit 5.2.1(B). CureVac and its Affiliates will reserve the
                                         required capacity for the Manufacture of Products for clinical supply in its GMP Manufacturing
                                         Facilities in accordance with the forecasts given under the supply agreement(s).

 

		5.2.2	Commercial
                                         Supply. On
                                         a Product-by-Product basis, upon the request of GSK, but in any case no later than the
                                         [*****] for the respective Product, GSK and CureVac, or the CureVac Affiliate supplying
                                         Drug Product to GSK, will negotiate and agree in good faith on a commercial supply agreement
                                         (each a "Commercial Supply Agreement") with respect to such Product
                                         (including a Quality Agreement) according to which CureVac or its Affiliates will Manufacture
                                         or have Manufactured for GSK, GSK's demand for bulk of Drug Product in accordance the
                                         terms and conditions set forth in Exhibit 5.2.1(A). CureVac shall
                                         reserve, or shall procure that its Affiliates will reserve, [*****] of the annual batch
                                         capacity of the GMP-IV Manufacturing Facility for the Manufacture of bulk of Drug Product
                                         on behalf of GSK for supply in the Territory in accordance with the Commercial Supply
                                         Agreements.

 

		5.2.3	Manufacture
                                         by GSK. Upon
                                         the request of GSK, CureVac shall transfer all Know-How comprised in the CureVac Manufacturing
                                         Technology ("Manufacturing Technology Transfer Materials") to GSK, an
                                         Affiliate of GSK or the Third Party CMO designated by GSK and approved by CureVac, as
                                         applicable, so that GSK itself, the Affiliate of GSK or the appointed Third Party CMO
                                         (approved by CureVac), as applicable, can take over the Manufacture for GSK. In the event
                                         of a technology transfer, the JSC shall establish a Manufacturing tech-transfer sub-committee,
                                         which shall oversee the Manufacturing technology transfer. GSK will compensate CureVac
                                         or, if applicable, its CMO, for such technology transfer provided by CureVac and/or its
                                         CMO FTE at the FTE Rate. CureVac's obligation to reserve [*****] of CureVac's GMP-IV
                                         Manufacturing Facility shall reduce proportionately, on a country-by-country basis, as
                                         GSK (or the appointed Third Party CMO) obtains Regulatory Approval for the Manufacture
                                         of the Products following completion of the Manufacturing technology transfer, provided
                                         that GSK shall in such case use Diligent Efforts to obtain such Regulatory Approval as
                                         soon as reasonably practicable, prioritizing the countries with the highest demand for
                                         Product, and provided further that CureVac’s obligation to reserve capacity shall
                                         terminate in any event [*****] after the completion of the technology transfer. Any transfer
                                         of Know-How pursuant to this Section 5.2.3 shall be carried on the basis of a
                                         specific technology transfer plan determined in good faith by the Parties and reflected
                                         in a technology transfer addendum to this Agreement, detailing at least the following
                                         activities together with appropriate timelines: (i) the provision by CureVac of soft
                                         copies and, to the extent reasonably required by GSK, hard copies of all Manufacturing
                                         Technology Transfer Materials; (ii) the procurement by CureVac of the services of such
                                         qualified and experienced scientists, production and quality assurance personnel, engineers,
                                         and quality checking personnel as may be reasonably necessary to support the transfer
                                         of the Manufacturing Technology Transfer Materials; and (iii) the provision by CureVac
                                         to the personnel of GSK or its Affiliate with reasonable access to its facilities to
                                         observe the Manufacture at such times as the Parties may agree; provided such access
                                         shall be coordinated in a manner to minimize the disruption of CureVac's activities and
                                         CureVac may require any personnel of a Third Party with access to its facilities to sign
                                         a confidentiality agreement and to abide by the rules and guidelines applicable to the
                                         CureVac facility. Until the completion of the transfer of the Manufacturing Technology
                                         Transfer Materials, CureVac shall build and maintain a secure, readable, accessible and
                                         complete repository of the Manufacturing Technology Transfer Materials.

 

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		5.3	Commercialization
                                         of Products; Diligence. Subject to the terms and conditions of this Agreement, GSK
                                         shall have the rights and the responsibility, and shall bear all costs associated with
                                         the Commercialization of Products in the Field in the GSK Territory. Unless terminated
                                         or replaced in accordance with this Agreement, GSK will use Diligent Efforts to Commercialize:
                                         (i) the First Product, (ii) the Second Product, (iii) each of the Initial
                                         Other Products, and (iv) each Replacement Product and each Optioned Product, as
                                         applicable, in each case of (i), (ii), (iii) and (iv) in the Field and in the
                                         Major Markets (other than Germany, unless waived by CureVac pursuant to Section 6.1)
                                         (subject to obtaining Regulatory Approval in the relevant Major Market). Without limiting
                                         the generality of the Diligent Efforts obligations under this Section 5.3, GSK shall:

 

		(i)	on a Product-by- Product basis
                                         make the First Commercial Sale of a Product in a country as soon as reasonably practicable
                                         following the issuance of the Regulatory Approval for such Product in such country;

 

		(ii)	in addition to the royalty reports
                                         provided by GSK to CureVac under Section 8.7, beginning with the First Commercial
                                         Sale of the first Product in the Territory and continuing until expiry of the Royalty
                                         Term, provide CureVac, at least once annually by March 31 of each Calendar Year,
                                         with a confidential, non-binding sales forecast for that Calendar Year for discussion
                                         in the JSC (or the commercialization sub-committee, as applicable) of the estimated aggregate
                                         (x) sales of Products in the GSK Territory and (y) sales of Products in each
                                         Major Market, provided that GSK shall not be required to provide supporting materials
                                         in relation to such forecast.

 

		5.4	CureVac
                                         Resources: CureVac shall obtain and maintain sufficient facilities, personnel
                                         (with appropriate qualifications and experience), equipment, materials and other resources
                                         necessary to meet its obligations under this Section 5, in accordance with the timelines
                                         specified in and in accordance with this Section 5.

 

		6.	COMMERCIALIZATION
                                         OF PRODUCTS IN THE CUREVAC TERRITORY.

 

		6.1	Commercialization
                                         in CureVac Territory. CureVac shall have the sole and exclusive right to Commercialize
                                         the Products in the Field in the CureVac Territory. On a Product-by-Product basis, until
                                         the execution of a Distribution Agreement between the Parties under Section 6.2
                                         for a Product, CureVac shall have the right to waive its right to Commercialize such
                                         Product in the CureVac Territory by giving written notice to GSK. Upon receipt of such
                                         waiver notice by GSK, with respect to the respective Product, the CureVac Territory shall
                                         become part of the GSK Territory, and GSK shall have the right to Commercialize the Product
                                         in such extended GSK Territory, and the obligation to use Diligent Efforts to Commercialize
                                         the Product in Germany, subject to and in accordance with the terms and conditions of
                                         this Agreement.

 

		6.2	Distribution
                                         Agreement. On a Product-by-Product basis, upon request of CureVac, but no later than
                                         [*****] prior to the estimated First Commercial Sale of the respective Product in the
                                         Field in the CureVac Territory, the Parties shall negotiate and agree in good faith on
                                         a distribution agreement under which CureVac has the exclusive rights to Commercialize
                                         such Product in the Field in the CureVac Territory in accordance with the terms and conditions
                                         set forth in the key distribution terms in Exhibit 6.2 ("Distribution
                                         Agreement"). CureVac shall comply with all policies, practices, standards, guidelines,
                                         codes and requirements generally inferred by the GlaxoSmithKline group on distributors
                                         of its products in the CureVac Territory, which shall be further detailed in the Distribution
                                         Agreement and compliance with which shall be subject to audit by GSK as specified in
                                         the Distribution Agreement.

 

    	 	 	46

     

    

 

		7.	GOVERNANCE.

 

		7.1	Management.

 

	7.1.1	Alliance
                                         Management. Management of the collaborative alliance reflected in this Agreement
                                         will be under the responsibility of the individual designated in writing within [*****]
                                         of the Closing Date for CureVac ("CureVac Alliance Manager") and of
                                         the individual designated in writing within [*****] of the Closing Date for GSK ("GSK
                                         Alliance Manager", and together with the CureVac Alliance Manager, the "Alliance
                                         Managers"). Each Alliance Manager will be the primary point of contact for the
                                         other Party on all matters relating to the operation of this Agreement other than Program
                                         activities. 

                                                                                

	 	 
	7.1.2	Program Management. On
                                         a R&D Plan-by-R&D Plan basis, the management of the activities under the Programs
                                         will be under the responsibility of the individual designated in writing within [*****]
                                         of the Closing Date for CureVac ("CureVac Project Leader") and of the
                                         individual designated in writing within [*****] of the Closing Date for GSK ("GSK
                                         Project Leader", and together with the CureVac Project Leader, the "Project
                                         Leaders"). Each Project Leader will be the primary point of contact for the
                                         other Party on all matters relating to the R&D Plan.

 

		7.2	Joint Steering Committee.

 

	7.2.1	Establishment.
                                         Within [*****] after the Closing Date the Parties will establish a joint steering
                                         committee ("Joint Steering Committee" or "JSC") to oversee
                                         the Development, Manufacture and Commercialization of the Products and to facilitate
                                         the exchange of information between the Parties. The JSC shall be comprised of two (2) representatives
                                         of CureVac and two (2) representatives of GSK, one representative being the Alliance
                                         Manager of the respective Party, in each case with appropriate scientific and technical
                                         expertise and sufficient seniority within the applicable Party consistent with the scope
                                         of the JSC's responsibilities. Each Party may replace its JSC representatives at any
                                         time upon written notice to the other Party, provided, however, that each Party
                                         shall use Diligent Efforts to ensure continuity on the JSC.
	 	 
	7.2.2	JSC Meetings. The JSC shall meet at least on a quarterly basis, or
                     such other frequency as agreed by the Parties, by teleconference, videoconference or in person, provided
                     that at least every [*****], or such other frequency as agreed by the Parties, the meeting shall be in person
                     (which in-person meeting will be held at alternate facilities of each Party), unless agreed otherwise by
                     the JSC representatives The JSC will have a quorum if at least one (1) representatives of each Party
                     is present or participating. Each Party will be responsible for all of its own expenses of participating
                     in the JSC meetings. The Parties will endeavor to schedule meetings of the JSC at least [*****] in advance.
                     Each Party may call special meetings of the JSC with at least [*****] prior written notice, except in exigent
                     circumstances, to resolve particular matters requested by such Party and within the decision-making responsibility
                     of the JSC. Each Party may invite guest participants to certain items on the agenda of the meetings, with
                     reasonable prior notice, in order to discuss special technical or commercial topics, provided that such guest
                     participants shall be bound by confidentiality and non-use obligations consistent with the terms of this
                     Agreement and shall not have a voting right in such meeting. The chair of the JSC will alternate each Calendar
                     Year, with CureVac to chair the first year. The Party chairing the JSC shall prepare the meeting agenda with
                     input from the other Party.

 

    	 	 	47

     

    

 

		7.2.3	JSC
                                         Minutes. The Alliance Manager of the Party chairing the JSC shall record the minutes
                                         of each JSC meeting in writing. Such minutes shall be circulated to the other Party's
                                         Alliance Manager no later than [*****] following the meeting for review, comment and
                                         approval of the other Party. If no comments are received within [*****] of the receipt
                                         of the minutes by the other Party, unless otherwise agreed, they shall be deemed to be
                                         approved by the other Party. Furthermore, if the Parties are unable to reach agreement
                                         on the minutes within [*****] of the applicable meeting, the sections of the minutes
                                         that have been mutually agreed between the Parties by that date shall be deemed approved
                                         and, in addition, each Party shall record in the same document its own version of those
                                         sections of the minutes on which the Parties were not able to agree

 

		7.3	JSC
                                         Functions and Powers. The JSC will be responsible generally for facilitating the
                                         Parties' interactions under this Agreement and specifically for overseeing the Development,
                                         Manufacture and Commercialization of the Products. The JSC has (i) no jurisdiction
                                         to make any amendments to this Agreement, which right is reserved to the Parties; and
                                         (ii) no jurisdiction over any dispute relating to the validity, performance, construction
                                         or interpretation of this Agreement. The principal functions of the JSC will include:

 

		(i)	overseeing the Development of
                                         Products in accordance with the R&D Plans;

 

		(ii)	reviewing and approving the R&D
                                         Plans in relation to a Product Adjustment, Replacement Product or an Optioned Product;

 

		(iii)	updating the initial R&D
                                         Plans to include the further Development work and discussing and approving the annual
                                         Development budgets under the R&D Plans;

 

		(iv)	the resolution and approval of
                                         any issue and recommendation from the Parties with respect to the modification of the
                                         R&D Plans, including but not limited to modifications of the budget and timelines;

 

		(v)	receiving written reports or presentations
                                         from GSK and CureVac of their respective progress with the further Development of each
                                         Product summarizing their Development activities and the results thereof with respect
                                         to the applicable Product and discuss at meetings the status, progress, and results of
                                         the Development of the respective Product;

 

		(vi)	exchanging Development Data and
                                         other technical information;

 

    	 	 	48

     

    

 

		(vii)	upon GSK's request, serving
                                         as a forum where CureVac shall inform GSK of new internal development programs covered
                                         by GSK's Exclusive Option;

 

(viii) creating
sub-committees, including the IP Sub-Committee pursuant to Section 7.4, a Commercialization sub-committee for the coordination
of Commercialization activities for Products by GSK in the GSK Territory and by CureVac in the CureVac Territory and a Manufacturing
sub-committee for discussing Product-related and/or Product-related Manufacturing and supply;

 

		(ix)	serving as a forum where each
                                         Party shall inform the other Party of any material feedback received from Regulatory
                                         Authorities in relation to any Product;

 

		(x)	informing on material regulatory
                                         filings and regulatory interactions related to the Products;

 

		(xi)	fostering the collaborative relationship
                                         between the Parties;

 

(xii) resolving
disputes between the Parties; and

 

(xiii) such
other functions as agreed by the Parties.

 

If the JSC establishes a sub-committee
in accordance with this Section 7.3, unless otherwise agreed, the governance provisions of this Section 7 shall apply
accordingly to such sub-committee.

 

In line with the completion
of the Programs, the Parties shall, within the JSC, in good faith evolve the composition and operation of the JSC to reflect the
change in roles and responsibilities of the Parties in the further Development, Manufacturing and Commercialization of the Products.

 

		7.4	IP
                                         Sub-Committee.

 

Within [*****] of the Closing
Date the JSC shall establish an IP Sub-Committee comprising up to two patent attorneys of each Party. The IP Sub-Committee shall
be the forum for discussion and liaison between the Parties concerning filings to be made for Program Patent Rights and Joint
Patent Rights. For the avoidance of doubt, the IP Sub-Committee is not a decision-making forum, except (in the first instance)
with respect to matters concerning the maintenance of the Program Patent Rights and Joint Patent Rights, and, in relation to the
Program Patent Rights and Joint Patent Rights, the patent term extension strategy, patent litigation, patent defense and enforcement,
but serves as a forum for discussion where the Parties may coordinate and consult with each other with respect to any such filings.
The IP Sub-Committee shall in particular: (i) convene no less than once every [*****] to facilitate regular interaction regarding
the intellectual property matters arising from this Agreement (or any Ancillary Agreement); (ii) exchange information necessary
to keep the Parties reasonably informed of each other's prosecution of patents and trademarks that form part of the intellectual
property rights licensed under this Agreement; (iii) review any Invention arising under a Program (including any Joint Product
Invention and Joint Other Invention) and determine in good faith the ownership thereof, in accordance with this Agreement; (iv) coordinate
intellectual property aspects of publications or presentation of Development Data, in accordance with Section 11.7; (v) cooperatively
review and discuss potential material infringements by Third Parties as well as the potential infringement by either Party or
its Affiliates of any intellectual property of a Third Party pursuant to Development, Manufacturing or Commercialization under
this Agreement; and (vi) escalate any intellectual property-related issue on which the Parties are not in agreement to the
JSC.

 

    	 	 	49

     

    

 

		7.5	JSC
                                         Decisions.

 

		7.5.1	Initial
                                         Dispute Resolution. Actions to be taken by the JSC and any subcommittee shall be
                                         taken only following a unanimous vote, with each Party's representatives collectively
                                         having one (1) vote. If any subcommittee fails to reach unanimous agreement on a
                                         matter before it for decision for a period in excess of [*****], the matter shall be
                                         referred to the JSC.

 

		7.5.2	Final
                                         Decision-Making.

 

		a.	If
                                         the JSC fails to reach unanimous agreement on a matter before it for decision for a period
                                         in excess of [*****], the matter may be referred by either Party to the Executive Officers,
                                         who shall meet in person or via teleconference within [*****] and attempt to resolve
                                         such matter in good faith.

 

		b.	If
                                         the Executive Officers fail to reach agreement as to such matter for a period in excess
                                         of [*****] from their initial meeting, the final decision on such undecided matter shall
                                         be made by GSK in good faith with the following exceptions:

 

		(i)	GSK shall not unilaterally reduce
                                         its diligence obligations under this Agreement, make material amendments to an R&D
                                         Plan (including the budget and the number of FTEs agreed in the R&D Plan) which have
                                         an adverse impact on CureVac, adopt a decision that would cause significant delay of
                                         the Development timelines as set forth in an R&D Plan or would oblige CureVac to
                                         perform additional obligations under this Agreement or an R&D Plan;

 

		(ii)	without limiting any right of GSK
                                         at law, GSK shall not unilaterally decide on any matter concerning Joint Patent Rights,
                                         Joint Product Inventions or Joint Other Inventions, with the exception of decisions relating
                                         to (i) obtaining and maintaining supplementary protection certificates (ii) enforcement
                                         against Third Parties in the Territory within the Field in accordance with Section 10;

 

		(iii)	GSK shall not unilaterally decide
                                         any matter with respect to the CMC Development and, for so long as CureVac Manufactures
                                         a Product under this Agreement, Manufacture of that Product; and

 

		(iv)	GSK shall not unilaterally alter
                                         or amend the terms and conditions of this Agreement and shall have no jurisdiction over
                                         any dispute relating to the validity, performance, construction or interpretation of
                                         this Agreement.

 

    	 	 	50

     

    

 

 

		7.6	Information
                                         and results. Except as otherwise provided in this Agreement, the Parties will make
                                         available and disclose to one another Development Data and other results of work conducted
                                         pursuant to each Program prior to and in preparation for the JSC meetings, by the deadline
                                         and in the level of detail, form and format to be designated by the JSC; provided,
                                         however, that, in any event, each Party shall to the extent reasonably possible provide
                                         the other Party with quarterly updates regarding its work pursuant to the Programs preferably
                                         [*****] prior to each JSC meeting.

 

		8.	CONSIDERATION
                                         AND PAYMENTS.

 

		8.1	Upfront
                                         Payment. In partial consideration for the exclusive licenses granted to GSK under
                                         the CureVac Technology, GSK shall pay to CureVac a non-refundable and non-creditable
                                         fee in the amount of one hundred and twenty million Euro (EUR 120,000,000) within [*****]
                                         after GSK's receipt of an invoice of the respective amount from CureVac.

 

		8.2	GMP-IV
                                         Reservation Fee. In consideration for the reservation of Manufacturing capacity in
                                         the GMP-IV Manufacturing Facility pursuant to Section 5.2.2, GSK shall pay to CureVac
                                         a non-refundable fee in the amount of thirty million Euro (EUR 30,000,000) upon [*****]
                                         ("GMP-IV Reservation Fee"). Such payment shall be made within [*****] after GSK's receipt
                                         of an invoice of the respective amount from CureVac. GSK may credit:

 

		(i)	ten million Euro (EUR 10 million)
                                         against [*****],

 

		(ii)	ten million Euro (EUR 10 million)
                                         against [*****]; and

 

		(iii)	ten million Euro (EUR 10 million)
                                         against [*****].

 

		8.3	Development
                                         and Regulatory Milestone Payments. In consideration for the exclusive licenses granted
                                         to GSK under the CureVac Technology, on a Product-by-Product basis, GSK shall pay to
                                         CureVac the one-time, non-refundable, non-creditable development milestone payments set
                                         forth in this Section 8.3 (each a "Development & Regulatory Milestone
                                         Payment") upon the first occurrence of the applicable milestone event with respect
                                         to any Product, provided that each such milestone payment shall be due only once for
                                         each Product (each a "Development & Regulatory Milestone Event").
                                         On a Product-by-Product basis, if any one of the Development & Regulatory Milestone
                                         Events is not required for the Development of a Product, such Development &
                                         Regulatory Milestone Payment shall become payable upon achieving the Development &
                                         Regulatory Milestone Event following the Development & Regulatory Milestone
                                         Event which was not required, i.e., upon the achievement of such following Development &
                                         Regulatory Milestone Event two Development & Regulatory Milestone Payments become
                                         payable hereunder.

 

		8.3.1	First
                                         Product. The following Development & Regulatory Milestone Payments shall
                                         be made for the First Product:

 

    	 	 	51

     

    

 

	Development &
    Regulatory Milestone Event	In
    EUR million 
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]

 

		8.3.2	Second
                                         Product and Other Products. The following Development & Regulatory Milestone
                                         Payments shall be made for the Second Product and for each Other Product (including any
                                         Replacement Product and Optioned Product):

 

	Development &
    Regulatory Milestone Event	In
    EUR million 
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]

 

		8.4	Sales
                                         Milestone Payments. In consideration for the licenses granted to GSK under the CureVac
                                         Technology and the LNP Technology, on a Product-by- Product basis, GSK shall pay to CureVac
                                         each of the non-refundable, non-creditable milestone payments set forth in this Section 8.4
                                         (each a "Sales Milestone Payment") for the Calendar Year in which aggregated
                                         annual Net Sales in the GSK Territory of all Products developed from the respective Product
                                         meet or exceed for the first time the thresholds set forth below (each a "Sales
                                         Milestone Payment").

 

		8.4.1	First
                                         Product. The following Sales Milestone Payments shall be made for the First Product:

 

	Sales
    Milestone Event	In
    EUR million
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]

 

	 	 	 
		8.4.2	Second
                                         Product and Other Products. The following Sales Milestone Payments shall be made
                                         for the Second Product and for each of the Other Products (including any Replacement
                                         Product and Optioned Product):

 

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	Sales
    Milestone Event	In
    EUR million
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]

 

	 	 	 
		8.5	Obligation
                                         to Inform. GSK shall notify CureVac on the occurrence of a milestone event under
                                         Sections 8.3 and 8.4 (other than the milestone events under the control of CureVac) as
                                         soon as possible but in any event within [*****] after becoming aware of the occurrence
                                         of the relevant milestone.

 

		8.6	Milestone
                                         Payment Terms. Each milestone payment shall be due and payable within [*****] after
                                         the receipt of the respective invoice by GSK. Notwithstanding the foregoing, each Sales
                                         Milestone Payment shall be paid together with the royalty payments for the Calendar Quarter
                                         during which the respective milestone has been achieved.

 

		8.7	Royalties.

 

		8.7.1	Royalty
                                         Rates. As further consideration for the rights and licenses granted by CureVac to
                                         GSK to the CureVac Technology and the LNP Technology under this Agreement, GSK shall
                                         pay royalties to CureVac in the amounts set forth below:

 

		(i)	First Product. GSK shall pay to
                                         CureVac the following royalties on Net Sales in each Calendar Quarter in the GSK Territory
                                         of all Products developed from the First Product in the amounts set forth below:

 

	Annual
    Net Sales of First Product 	Royalty
                                         Rate

         

	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]

 

First Product
shall include any Product with the same Antigen composition as Developed under the same Program, even if such Product is sold
under a different label. For illustration purposes, if the First Product is approved in certain countries for an indication or
use associated only with the Second Product, the Net Sales for such Product will still be Net Sales of the First Product.

 

		(ii)	Second Product. GSK shall pay
                                         to CureVac the following royalties on Net Sales in each Calendar Quarter in the GSK Territory
                                         of all Products developed from the Second Product in the amounts set forth below:

 

    	 	 	53

     

    

 

	Annual
    Net Sales of Second Product	Royalty
                                         Rate

         

	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]

 

		(iii)	Other Products. On a Product-by-Product
                                         basis, for each Other Product (including any Replacement Product and Optioned Product),
                                         GSK shall pay to CureVac the following royalties on Net Sales in each Calendar Quarter
                                         in the GSK Territory of all Products developed from the respective Other Product in the
                                         amounts set forth below:

 

	Aggregate
    annual Net Sales of all Products developed from an Other Product	Royalty
                                         Rate

         

	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]

 

		8.7.2	Royalty
                                         Term. On a country-by-country and Product-by-Product basis, GSK's royalty obligations
                                         as set forth in this Section 8.7 shall begin with the First Commercial Sale of such
                                         Product in such country, and shall expire upon the later to occur of:

 

		(i)	the expiry of the last to expire
                                         Valid Claim of any Patent Rights Controlled by CureVac (whether alone or jointly with
                                         GSK or a Third Party) Covering such Product in such country;

 

		(i)	the earlier of (A) expiry
                                         of Regulatory Exclusivity for such Product in such country and (B) twelve (12) years
                                         following the First Commercial Sale of such Product in such country; or

 

		(ii)	ten (10) years following
                                         the First Commercial Sale of such Product in such country, provided that such Product
                                         incorporates CureVac Know-How or CureVac Know-How is required to Develop, Manufacture
                                         and/or Commercialize the Product in such country, and provided further that GSK's royalty
                                         obligations under this Section 8.7 with respect to a Product shall expire for all
                                         countries of the GSK Territory on the twentieth (20th) anniversary of the
                                         First Commercial Sale of such Product in the first country of the GSK Territory (the
                                         "Royalty Term").

 

		8.7.3	Know-How
                                         Reduction. During the applicable Royalty Term and on a country-by-country and Product-by-
                                         Product basis, the royalty rate for a Product in a country shall be reduced by [*****]
                                         of the applicable rate determined pursuant to Section 8.7.1, if such Product is
                                         not or no longer Covered by a Valid Claim in such country.

 

    	 	 	54

     

    

 

		8.7.4	Exhaustiveness.
                                         Except as set forth otherwise in this Agreement, the Royalty shall be the exhaustive
                                         consideration for the maintenance by CureVac of the CureVac Technology, and CureVac shall
                                         be responsible for the payment of any royalties, fees, costs or expenses under the In-Licensing
                                         Agreements.

 

		8.7.5	Third
                                         Party Offset. Without limiting any other right or remedy of GSK under this Agreement,
                                         or any obligation of CureVac, on a country-by-country and Product-by- Product basis,
                                         if, during the Term, GSK or any of its Affiliates is required to obtain a license under
                                         certain Third Party Patent Rights to obtain freedom to operate with respect to the use
                                         or exploitation of any CureVac Elements for the Development, Manufacture and Commercialization
                                         of Products under this Agreement and to pay a royalty or other consideration under such
                                         license (including milestone payments or any payment in connection with the settlement
                                         of a patent infringement claim), then the Parties shall discuss obtaining an FTO license
                                         in accordance with Section 10.14. Royalties due to CureVac for the respective Product
                                         in the respective country(ies) Covered by the Third Party Patent Rights in-licensed by
                                         GSK to obtain at its discretion freedom to operate under this Section 8.7.5 shall,
                                         subject to Section 8.7.6, be reduced by: (i) [*****] of the reasonable amount
                                         payable by GSK to the Third Party for licenses required in respect of the Patent Right
                                         listed in Exhibit 8.7.5 relevant to the Initial Products; and (ii) and
                                         [*****] of the amount payable by GSK to the Third Party for any other licenses. For the
                                         avoidance of doubt, chemically modified mRNA will not be used by CureVac under this Agreement,
                                         and CureVac will therefore not be responsible for, and will not bear any payments to
                                         Third Parties with respect to such chemically modified mRNA.

 

		8.7.6	Cumulative
                                         Deductions. Notwithstanding the above, any royalty reduction made pursuant to Section 8.7.3
                                         and/or Section 8.7.5 shall in no event reduce the applicable royalty rate for the
                                         respective Finished Product in the respective country to less than [*****] of the amounts
                                         determined pursuant to Section 8.7.1.

 

		8.7.7	Blended
                                         Royalties. With respect to a potential step down in royalty rates to account for
                                         the expiry of certain Patent Rights, the Parties acknowledge and agree that the CureVac
                                         Technology and the LNP Technology licensed hereunder may justify royalty rates for sales
                                         of Products in the GSK Territory in different amounts, which rates could be applied separately
                                         to Products involving the exercise of CureVac Technology and the Licensed LNP (namely
                                         in a ratio of [*****]). Furthermore, the Parties acknowledge and agree that the CureVac
                                         Technology licensed under this Agreement may justify royalty rates and/or royalty terms
                                         of differing amounts for sales of Products in the GSK Territory, which rates could be
                                         applied separately to Products involving the exercise of CureVac Patent Rights in the
                                         GSK Territory and/or the incorporation of CureVac Know-How, and that if such royalties
                                         were calculated separately, royalties relating to the CureVac Patent Rights in the GSK
                                         Territory and royalties relating to the CureVac Know-How would last for different terms.
                                         For practicality reasons the Parties have agreed on a blended royalty rate. For clarity,
                                         this Section 8.7.7 solely explains the rationale behind the royalty rates agreed
                                         on by the Parties and does not modify any of the other provisions of this Agreement.

 

    	 	 	55

     

    

 

		8.7.8	Royalty
                                         Payments. Within [*****] after the end of each Calendar Quarter in which any Net
                                         Sales occur, GSK shall calculate the royalty payments owed to CureVac and shall remit
                                         to CureVac the amount owed to CureVac. All royalty payments shall be computed by converting
                                         the Net Sales in each country in the GSK Territory into the currency of Euro, using the
                                         monthly exchange rates as customarily used by GSK. All costs and expenses shall be computed
                                         by converting the relevant costs and expenses into the currency of Euro, using the monthly
                                         exchange rates as customarily used by GSK.

 

		8.8	Reports.
                                         Each royalty payment shall be accompanied by a written report describing the Net
                                         Sales of each Product sold by or on behalf of GSK, its Affiliates and Sublicensees during
                                         the applicable Calendar Quarter for each country in which sales of any Product occurred,
                                         specifying: (i) the gross sales (if available) and Net Sales in each country's currency,
                                         including an accounting of deductions taken in the calculation of Net Sales; (ii) the
                                         applicable exchange rate to convert from each country's currency to Euro; and (iii) the
                                         royalties payable in Euro. All costs and expenses invoiced by CureVac shall be accompanied
                                         by a detailed breakdown of those costs and expenses, together with the applicable exchange
                                         rate to convert from the currency in which the costs and expenses were incurred to Euro.

 

		8.9	Records
                                         and Audit. Each Party and its Affiliates and/or its Sublicensees shall keep and maintain
                                         records of: (i) in the case of GSK, sales of the Product(s) so that the royalties
                                         payable and the royalty reports may be verified; and (ii) in the case of CureVac,
                                         all costs and expenses incurred by it which are reimbursable under this Agreement, so
                                         that the costs and expenses reimbursable may be verified, and, where applicable, decisions
                                         and communications relating to the operation of the clearance process as set out in Section 3.5.1
                                         to the extent carried out by CureVac or its external counsel. Such records shall upon
                                         reasonable written notice be open to inspection during business hours for a [*****] period
                                         after the Calendar Quarter to which such records relate, but in any event not more than
                                         once per Calendar Year, by a nationally recognized independent certified public accountant
                                         selected by the auditing party and retained at the auditing party's expense. Said accountant
                                         shall have the right to audit the records kept pursuant to this Agreement for a period
                                         covering not more than [*****]. If said examination of records reveals any underpayment(s) or
                                         over payment(s) of any amounts payable, then the audited party shall promptly pay
                                         or credit the balance due to the auditing party, and if the underpayment(s) or overpayment(s) is/are
                                         more than [*****], then the audited party shall also bear the expenses of said accountant
                                         (and if no further payments are due, shall be refunded or paid by the audited at the
                                         request of the auditing party).

 

		8.10	Payment Terms.

 

		8.10.1	All
                                         payments by GSK to CureVac shall be made by wire transfer payment in Euro and shall be
                                         remitted to the following bank account:

 

[*****]

 

Invoices shall be issued to
GSK on a Program-by-Program basis. Electronic invoicing is GSK's preferred method for receiving invoices. [*****] is GSK's e-invoicing
partner for submitting electronic invoices. The Parties shall collaborate to sign CureVac up to such platform to allow for electronic
invoicing.

 

    	 	 	56

     

    

 

All invoices should include
the following information: Invoice Date, Number and Amount; Sender's Address, and Phone Number; Purchase Order Number; Tax Identification
Number; Agreement Reference No (if applicable).

 

		8.10.2	If
                                         any sum payable by GSK under this Agreement is subject to a good faith dispute between
                                         GSK and CureVac: (i) GSK shall, pay to CureVac, by the due date, all amounts not
                                         disputed in good faith by GSK; (ii) GSK shall notify CureVac, within [*****] after
                                         the due date, of any disputed amounts and shall, as soon as reasonably practicable after
                                         it has provided that notification, describe in reasonable detail its reasons for disputing
                                         each amount; and (iii) the Parties shall seek to resolve the dispute in accordance
                                         with Section 16.5. When any dispute regarding the amounts payable under this Agreement
                                         is resolved, GSK shall pay any sum which is agreed or determined (in accordance with
                                         Section 16.5) to be payable by GSK within [*****] after the date of resolution of
                                         that dispute (or such other period as is agreed between the Parties or determined by
                                         arbitration pursuant to Section 16.5), plus interest thereon at the interest rate
                                         set forth in Section 8.10.3 from the time such payment was due.

 

		8.10.3	Any
                                         undisputed payments not paid within [*****] after the due date under this Agreement shall
                                         bear interest at an annual rate of [*****] above the three-month-EURIBOR rate of the
                                         respective currency for the time period in which such amount is outstanding, as disclosed
                                         from time to time by the European Central Bank which applied on the due date. Calculation
                                         of interest will be made for the exact number of days in the interest period based on
                                         a year of 360 days (actual/360).

 

		8.11	Taxes.

 

		8.11.1	Each
                                         Party shall be responsible for its own income taxes assessed by a tax or other authority
                                         except as otherwise set forth in this Agreement.

 

		8.11.2	The
                                         Parties acknowledge and agree that it is their mutual objective and intent to optimize,
                                         to the extent feasible and in compliance with Applicable Laws, taxes payable with respect
                                         to their collaborative efforts under this Agreement and that they shall use reasonable
                                         efforts to cooperate and coordinate with each other to achieve such objective.

 

		8.11.3	If
                                         any taxes are required to be withheld under Applicable Laws, from any payment to be made
                                         by GSK to CureVac under this Agreement, GSK shall (a) deduct such taxes from the
                                         payment to be made to CureVac, (b) timely pay the taxes to the proper taxing authority,
                                         and (c) send proof of payment to CureVac with an explanation of payment of such
                                         taxes within [*****] following such payment. For purposes of this Section 8.11.3,
                                         each Party shall provide the other with reasonably requested assistance which assistance
                                         includes provision of any tax forms and other information that may be reasonably necessary
                                         for GSK or CureVac not to withhold tax.

 

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		8.11.4	All
                                         payments due to the terms of this Agreement are expressed to be exclusive of VAT and
                                         Indirect Taxes. VAT and Indirect Taxes shall be added to the payments due to the terms
                                         if legally applicable.

 

		9.	INTELLECTUAL
                                         PROPERTY.

 

		9.1	Background
                                         Technology. As between the Parties, all right, title and interest in and to all CureVac
                                         Patent Rights and CureVac Know-How Controlled by CureVac at the Effective Date or generated
                                         or acquired by or on behalf of CureVac during the Term outside the scope of this Agreement
                                         ("CureVac Background Technology") shall remain under the Control of
                                         CureVac; and all right, title and interest in and to all Patent Rights and Know-How Controlled
                                         by GSK at the Effective Date or generated or acquired by or on behalf of GSK during the
                                         Term outside the scope of this Agreement ("GSK Background Technology")
                                         shall remain under the Control of GSK. As between the Parties, each Party shall have
                                         the sole right, in its sole discretion and at its sole expense, to prosecute, maintain
                                         and defend Patent Rights within its Background Technology; provided, however,
                                         that CureVac shall consider in good faith the interests of GSK in the prosecution, maintenance
                                         and defense of the CureVac Patent Rights within CureVac Background Technology.

 

		9.2	Disclosure
                                         of Inventions. During the Research Period, on a Product-by-Product basis, each Party
                                         shall as soon as reasonably practical disclose to the other Party (including representatives
                                         of the IP Sub-Committee), the discovery, making, conception, or reduction to practice
                                         of any Inventions. After the Research Period, each Party shall as soon as reasonably
                                         practical disclose to the other Party (including representatives of the IP Sub-Committee)
                                         if it is continued after the Research Period, or otherwise through the Alliance Manager,
                                         the making, conception, or reduction to practice of any Invention that may be owned in
                                         part or in whole by the other Party pursuant to this Section 9.

 

		9.3	Ownership
                                         of Inventions. The Parties agree that all right, title and interest in any and all
                                         Inventions (including all Patent Rights resulting from such Inventions and all Know-How
                                         embodied in such Inventions) shall be owned as follows, and CureVac and GSK will notify
                                         each other and determine in good faith which of the below categories such Invention falls
                                         within:

 

		9.3.1	CureVac
                                         Inventions. Subject to Section 9.3.3, CureVac shall own all right, title and
                                         interest in and to

 

		(i)	all Inventions that are invented
                                         by or on behalf of CureVac or GSK (or jointly by CureVac and GSK) and improve the CureVac
                                         Background Technology (other than any intellectual property rights subsisting in a Product),
                                         the LNP Technology or the CureVac Elements, and cannot be practiced independently of
                                         such CureVac Background Technology, the LNP Technology or the CureVac Elements, as applicable,
                                         and such Inventions shall become part of the CureVac Background Technology or the LNP
                                         Technology, as applicable;

 

		(ii)	subject to Section 9.3.1(i),
                                         all Inventions that are invented as part of the GSK consultancy under Section 5.1
                                         or 5.2 by or on behalf of CureVac or GSK (or jointly by CureVac and GSK) as long as,
                                         and to the extent that, CureVac or its Affiliates Manufacture the Products, and are involved,
                                         used or exploited in the Manufacture of the Products and/or CMC Development Data;

 

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		(iv)	subject to Section 9.3.2(i),
                                         all Inventions that are invented by or on behalf of CureVac, alone or in collaboration
                                         with a Third Party (each, a "CureVac Invention").

 

		9.3.2	GSK
                                         Inventions. Subject to Section 9.3.3, GSK shall own all right, title and interest
                                         in and to

 

		(i)	all Inventions that are invented
                                         by or on behalf of GSK or CureVac (or jointly by GSK and CureVac) and improve the subject
                                         matter of any GSK Background Technology, and cannot be practiced independently of such
                                         GSK Background Technology, and such Inventions shall become part of the GSK Background
                                         Technology; and

 

		(ii)	subject to Sections 9.3.1(i),
                                         (ii) and (iii), all Inventions that are invented by or on behalf of GSK, alone or
                                         in collaboration with a Third Party (each, a "GSK Invention").

 

		9.3.3	Joint
                                         Product Inventions. All Inventions
                                         that are invented by or on behalf of GSK and/or CureVac that are incorporated in any
                                         Product shall be jointly owned by the Parties (a "Joint Product Invention").

 

		9.3.4	Other
                                         Inventions. With respect to all other Inventions that do not fall within the categories
                                         described in Sections 9.3.1, 9.3.2 or 9.3.3, each Party shall own the Inventions invented
                                         solely by or on behalf of such Party (and such other Inventions shall become part of
                                         the CureVac Inventions or the GSK Inventions, as applicable), and all Inventions
                                         jointly invented by or on behalf of the Parties shall be jointly owned by the Parties
                                         (each, a "Joint Other Invention").

 

		9.3.5	Cross-Licenses
                                         under Joint Other Inventions. Except to the extent either Party is restricted by
                                         other terms of this Agreement, either Party may freely practice, exploit and license
                                         to Affiliates its interest in the Joint Other Inventions, and any resulting Joint Patent
                                         Rights and related Know-How, in connection with the use or exploitation of the respective
                                         Party's Background Technology and any consent or license from the other Party as may
                                         be required under Applicable Law for a Party to practice and exploit such Joint Other
                                         Inventions, Joint Patent Rights and related Know-How in connection with the use or exploitation
                                         of the respective Party's Background Technology shall hereby be given by the other Party.
                                         Without limiting the exclusive rights granted to CureVac pursuant to Section 15.4e,
                                         CureVac hereby grants to GSK, and GSK accepts, a perpetual, irrevocable, royalty-free,
                                         non-exclusive license to freely practice and exploit (including sublicensing to Affiliates,
                                         but not to Third Parties) all intellectual property rights owned by CureVac pursuant
                                         to Sections 9.3.1(ii) that are invented by or on behalf of GSK (or together with
                                         a Third Party), or jointly by CureVac and GSK.

 

		9.4	Assignment
                                         and transfer of Inventions. To give effect to the ownership principles described
                                         in Section 9.3 each Party shall assign and transfer, and hereby assigns and transfers,
                                         to such other Party or such other Party's designee all or a [*****] share, as the case
                                         may be, of its present and future rights, interest and title to any such Invention that
                                         is to vest in the other Party pursuant to the ownership principles described in Section 9.3,
                                         and the other Party shall accept and hereby accepts such assignment and transfer ("Assigned
                                         Invention"). At the written instruction of the other Party, the transferring
                                         Party agrees to make or procure all such assignments from its employees, consultants
                                         and subcontractors as are necessary to give effect to the provisions of this Section 9.4
                                         and to assist the transfer in every way reasonably required by the transferee (i) to
                                         obtain Patent Rights to such Assigned Invention in any and all countries for which Patent
                                         Rights are being sought; and (ii) to maintain and defend Patent Rights in all Assigned
                                         Inventions which have been or may be assigned as provided above. The transferring Party
                                         shall execute and deliver, and cause its employees, consultants and subcontractors to
                                         execute and deliver, all such documents, instruments and other papers and take all such
                                         other action which the transferee may reasonably request in order to give effect to the
                                         provisions of this Section 9.4.

 

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		9.5	Cooperation.
                                         Each Party represents and agrees that all its employee(s), contractor(s) and
                                         agent(s) will be obligated under a binding written agreement or otherwise to assign
                                         to such Party all Inventions discovered, created, conceived, developed or reduced to
                                         practice by such employee(s), contractor(s) or agent(s) in connection with
                                         this Agreement.

 

		9.6	Filing, Prosecution, Maintenance
                                         and Defense.

 

		9.6.1	CureVac
                                         Program Patent Rights. CureVac shall have the first right, but not the obligation,
                                         at its sole expense, to file, prosecute, maintain and defend the Patent Rights Covering
                                         a CureVac Invention (each, a "CureVac Program Patent Right") throughout
                                         the Territory. At the latest [*****] before filing, CureVac shall give GSK an opportunity
                                         to review and comment upon the text of any application with respect to any CureVac Program
                                         Patent Right, shall consult with GSK with respect thereto, shall not unreasonably refuse
                                         to address any of GSK's comments and supply GSK with a copy of the application as filed,
                                         together with notice of its filing date and serial number. CureVac shall keep GSK, through
                                         the IP Sub-Committee, reasonably informed of the status of the actual and prospective
                                         prosecution, maintenance and defense, including but not limited to any substantive communications
                                         with the competent patent offices that may affect the scope of such filings, and CureVac
                                         shall to the extent reasonably possible give GSK a timely, prior opportunity to review
                                         and comment upon any such substantive communication and shall consult with GSK with respect
                                         thereto, and shall not unreasonably refuse to address any of GSK's comments. Notwithstanding
                                         the above, prior to filing any application for a CureVac Invention that may disclose,
                                         in part or in full, a GSK Invention, a Joint Product Invention or Joint Other Invention,
                                         CureVac shall provide GSK with a copy of the draft application and provide GSK with at
                                         least [*****] to review and comment upon the text of such draft application. If GSK notifies
                                         CureVac within the above [*****] deadline that GSK has decided to file an application
                                         for a GSK Invention, Joint Product Invention or Joint Other Invention, the Parties shall
                                         coordinate the filing of the application for a CureVac Invention with the filing of GSK's
                                         application for such GSK Invention, Joint Product Invention or Joint Other Invention
                                         so that CureVac's application and GSK's application are filed on the same day or otherwise
                                         filed in a way that secures and protects each of the Parties' interest. For the avoidance
                                         of doubt, CureVac will not include a GSK Invention, Joint Product Invention or Joint
                                         Other Invention in a separate patent claim of a patent application to be filed by CureVac
                                         without GSK's prior written consent. CureVac shall promptly give notice to GSK of the
                                         grant, lapse, revocation, surrender or invalidation of any CureVac Program Patent Rights.
                                         CureVac shall as soon as reasonably practicable give notice to GSK of any final decision
                                         to not file patent applications claiming CureVac Program Patent Rights or to cease prosecution
                                         and/or maintenance and/or defense of CureVac Program Patent Rights on a country by country
                                         basis and, in such cases, shall permit GSK, in GSK's sole discretion, to file such patent
                                         applications or to continue prosecution or maintenance or defense of such CureVac Program
                                         Patent Rights (in which case thereafter they will be deemed a GSK Program Patent Right)
                                         at its own expense and in its own name.

 

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		9.6.2	GSK
                                         Program Patent Rights.   GSK shall have the sole right, but not the
                                         obligation, at its sole expense, to file, prosecute, maintain and defend the Patent Rights
                                         Covering a GSK Invention (each, a "GSK Program Patent Right") throughout
                                         the Territory in good faith consistent with its customary patent policy and its reasonable
                                         business judgment and shall consider in good faith the reasonable interests of CureVac
                                         in so doing. GSK shall keep CureVac, through the IP Sub-Committee, reasonably informed
                                         of the status of the actual and prospective prosecution, maintenance and defense, of
                                         all GSK Program Patent Rights. Notwithstanding the above, prior to filing any application
                                         for a GSK Invention that may disclose, in part or in full, a CureVac Invention, Joint
                                         Product Invention or Joint Other Invention, GSK shall provide CureVac with a copy of
                                         the draft application and provide CureVac with at least [*****] to review and comment
                                         upon the text of such draft application. If CureVac notifies GSK within the above [*****]
                                         deadline that CureVac decides to file an application for a CureVac Invention, the Parties
                                         shall coordinate the filing of the application for a GSK Invention with the filing of
                                         CureVac's application for such CureVac Invention so that CureVac's application and GSK's
                                         application are filed on the same day or otherwise filed in a way that secures and protects
                                         each of the Parties' interest. For the avoidance of doubt, GSK will not include a CureVac
                                         Invention, Joint Product Invention or Joint Other Invention in a separate patent claim
                                         of a patent application to be filed by GSK without CureVac's prior written consent. CureVac
                                         shall as soon as reasonably practicable give notice to GSK of any desire to cease prosecution
                                         and/or maintenance and/or defense of GSK Program Patent Rights on a country by country
                                         basis and, in such cases, shall permit CureVac, in CureVac's sole discretion, to continue
                                         prosecution or maintenance or defense of such GSK Program Patent Rights (in which case
                                         thereafter they will be deemed a CureVac Program Patent Right) at its own expense and
                                         in its own name.

 

		9.7	Joint
                                         Patent Rights.   GSK shall have the first right, but not the obligation,
                                         to file, prosecute, maintain and defend Patent Rights relating to Joint Product Inventions
                                         or Joint Other Inventions ("Joint Patent Rights") throughout the Territory,
                                         at its sole expense, and GSK shall give timely notice to CureVac, and, if during the
                                         Research Period, with a copy to the IP Sub-Committee, of any final decision to not file
                                         patent applications claiming Joint Patent Rights or to cease prosecution and/or maintenance
                                         of Joint Patent Rights on a country-by-country basis and, in such cases, shall permit
                                         CureVac, in CureVac's sole discretion, to file such patent applications or to continue
                                         prosecution, maintenance or defense of such Joint Patent Rights at its own expense. At
                                         the latest [*****] before filing, the prosecuting Party shall give the non-prosecuting
                                         Party an opportunity to review and comment upon the text of any application with respect
                                         to such Joint Patent Right, shall consult with the non-prosecuting Party with respect
                                         thereto, shall not unreasonably refuse to address any of the non-prosecuting Party's
                                         comments and supply the non-prosecuting Party with a copy of the application as filed,
                                         together with notice of its filing date and serial number. The prosecuting Party shall
                                         keep the non-prosecuting Party reasonably informed of the status of the actual and prospective
                                         prosecution, and maintenance, including but not limited to any substantive communications
                                         with the competent patent offices that may affect the scope of such filings, and the
                                         prosecuting Party shall give the non-prosecuting Party a timely, prior opportunity to
                                         review and comment upon any such substantive communication and shall consult with such
                                         non-prosecuting Party with respect thereto, and shall not unreasonably refuse to address
                                         any of such non-prosecuting Party's comments.

 

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		9.8	Patent
                                         Term Extension and Supplementary Protection.   The IP Sub-Committee
                                         shall decide on any patent term extensions, including supplementary protection certificates
                                         and any other extensions, including pediatric extensions, for a Product that are now
                                         or become available in the future, wherever applicable, in order to secure the optimal
                                         protection for the Products available under Applicable Laws. The Party holding the marketing
                                         authorization for the Product Covered by any Patent Rights shall have the obligation
                                         for applying for any such extension or supplementary protection certificate, and such
                                         Party shall keep the other Party fully informed of its efforts to obtain such extension
                                         or supplementary protection certificate. The other Party shall provide prompt and reasonable
                                         assistance, as requested by the applying Party. GSK shall pay all expenses for obtaining
                                         and maintaining any extension or supplementary protection certificate in respect of a
                                         Product in the GSK Territory.

 

		9.9	Development
                                         Data. Except to the extent the Development Data enter the public domain pursuant
                                         to Section 11.7, the Development Data shall be treated as Confidential Information
                                         of the Party or Parties owning it. Each Party may use, and allow its Affiliates to use,
                                         the Development Data for the purpose of obtaining adequate protection and prosecution
                                         of their respective Know-How and Patent Rights, or as provided for otherwise in accordance
                                         with this Agreement, provided that in each case it provides the other Party with prior
                                         written notice of its intent to use the Development Data for such purpose. The other
                                         Party may, within a reasonable time following receipt of such notice, request the notifying
                                         Party to delay the use of the Development Data, in order to safeguard the protection
                                         and prosecution of other Know-How and Patent Rights. Following such request, the Parties
                                         shall cooperate in good faith to align the protection and prosecution of each Party’s
                                         Know-How and Patent Rights. For the avoidance of doubt, the terms and conditions of this
                                         Article 9 shall govern the intellectual property rights of the Parties in the Development
                                         Data.

 

		9.10	Challenges.
                                         If GSK or any of its Affiliates (directly or indirectly, individually or in
                                         association with any other person or entity) intends to challenge the validity of the
                                         CureVac Patent Rights or the Patent Rights included in the LNP Technology, or supports
                                         a Third Party in the challenge of a CureVac Patent Right or a Patent Right included in
                                         the LNP Technology in such legal proceeding, it shall promptly, and in no event later
                                         than [*****] prior to initiating such challenge (or such shorter period as required due
                                         to a court’s, patent office’s or other filing deadline associated with the
                                         relevant triggering event giving rise to the challenge, but in any event not less than
                                         [*****] prior to initiating such challenge), notify CureVac hereof. If CureVac or any
                                         of its Affiliates (directly or indirectly, individually or in association with any other
                                         person or entity) intends to challenge the validity of the GSK Patent Rights in a legal
                                         proceeding, or supports a Third Party in the challenge of a GSK Patent Right in such
                                         legal proceeding, it shall promptly, and in no event later than [*****] prior to initiating
                                         such challenge (or such shorter period as required due to the court or other filing deadline
                                         associated with the relevant triggering event giving rise to the challenge, but in any
                                         event not less than [*****] prior to initiating such challenge), notify GSK thereof.
                                         The Parties, through the IP Sub-Committee, shall promptly discuss any such issue in good
                                         faith, including the grant of a freedom to operate license at terms to be negotiated,
                                         and, if they cannot find an agreement, escalate the issue to the Executive Officers.
                                         If the Executive Officers despite good faith negotiations cannot find a solution, and
                                         a CureVac Patent Right or Patent Right within the LNP Technology is not granted or is
                                         declared invalid upon a successful challenge by GSK or any of its Affiliates (either
                                         alone or with a Third Party), such CureVac Patent Right or Patent Right within the LNP
                                         Technology shall be deemed to have been granted or shall be deemed valid until the expiry
                                         of regular patent protection for such CureVac Patent Right that would have applied if
                                         such CureVac Patent Right or Patent Right within the LNP Technology had been granted
                                         or had not been successfully declared invalid for the purposes of Section 1.187
                                         (Valid Claim) and Section 8.7.2 (Royalty Term).

 

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		10.	ENFORCEMENT
                                         AND DEFENSE.

 

		10.1	Enforcement.

 

		10.2	Notice.   Each
                                         Party shall promptly provide the other Party with written notice reasonably detailing
                                         any known or alleged infringement by a Third Party of any CureVac Patent Rights, GSK
                                         Patent Rights or Joint Patent Rights which competes with the Development, Manufacture
                                         or Commercialization of Products in the Territory (collectively "Third Party Infringement").

 

		10.3	GSK
                                         Rights.   Subject to Section 10.4, GSK shall have the primary
                                         right to determine and control a course of action designed to curtail a Third Party Infringement
                                         in the Field in the Territory at its own expense. GSK shall keep CureVac closely informed
                                         as to any legal courses of action it pursues pursuant to this Section 10.3, and
                                         the Parties shall consult with each other, and agree on strategic decisions and their
                                         implementation in connection with such action.

 

		10.4	CureVac
                                         Rights.   On a Product-by-Product basis, for as long as CureVac holds
                                         the exclusive right to Commercialize a Product in the CureVac Territory pursuant to Section 6,
                                         CureVac shall have the primary right to determine and control a course of action designed
                                         to curtail a Third Party Infringement in the Field in the CureVac Territory at its own
                                         expense. CureVac shall keep GSK closely informed as to any legal courses of action it
                                         pursues pursuant to this Section 10.3, and the Parties shall consult with each other,
                                         and agree on strategic decisions and their implementation in connection with such action.

 

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		10.5	Taking
                                         over.   If the Party having the primary right to enforce its rights
                                         against such Third Party Infringement pursuant to Sections 10.3 or 10.4, respectively,
                                         elects not to enforce its rights against such Third Party Infringement or not to further
                                         pursue the enforcement of its rights, such Party shall notify the other Party of such
                                         decision as soon as reasonably practicable and in any event within [*****] after receipt
                                         of the Third Party Infringement notice or after the decision not to further pursue the
                                         enforcement of its rights. If after the expiry of the [*****] period (or, if earlier,
                                         the date upon which the Party which has the primary right to enforce its rights against
                                         such Third Party Infringement provides written notice that it has decided not to or to
                                         no longer enforce its rights against such Third Party Infringement), the Party which
                                         has the primary right to enforce its rights against such Third Party Infringement has
                                         neither obtained a discontinuance of the Third Party Infringement, nor filed suit with
                                         regard to such Third Party Infringement, then the other Party shall have the right, but
                                         not the obligation, to take action or bring suit with respect to such Third Party Infringement
                                         at its own expense.

 

		10.6	Collaboration.   If
                                         such course of action includes litigation, the enforcing Party shall notify the non-enforcing
                                         Party of the commencement of that litigation and shall have the right and standing to
                                         use and sue in the other Party's name. Notwithstanding the first sentence of this paragraph,
                                         irrespective of which Party brings an action with respect to a Third Party Infringement
                                         hereunder, (i) the Parties shall collaborate with respect to such action; (ii) the
                                         non-enforcing Party shall have the right, at its own expense, to be represented by independent
                                         counsel in any such litigation; and (iii) the Parties shall consult with each other
                                         regarding, and agree on strategic decisions and their implementation in connection with
                                         such action. Except as set forth otherwise herein, the Party bringing the action shall
                                         bear all costs and expenses of such action.

 

		10.7	Recoveries.   Any
                                         recoveries obtained by either Party as a result of any proceeding with regard to a Third
                                         Party Infringement under this Section 10.1 shall be allocated as follows:

 

		(i)	such recovery shall first be used
                                         to reimburse each Party for all reasonable costs incurred in connection with such proceeding;

 

		(ii)	such recovery shall then be used
                                         to compensate each Party for the respective damages suffered from the Third Party Infringement
                                         (in the case of damage suffered by CureVac, as calculated at the Royalty Rate), provided
                                         that in the event the remaining portion of the recovery is not sufficient to compensate
                                         each Party's damages, such compensation shall be shared on a pro-rata basis depending
                                         on the amount of the respective damages suffered; and

 

		(iii)	the remaining portion of such
                                         recovery, if any, shall be [*****] between CureVac and GSK.

 

		10.8	Settlements.   Neither
                                         Party shall settle any claim or demand in any such litigation that materially negatively
                                         impacts the other Party's rights or interests under this Agreement without the prior
                                         written consent of the other Party, which consent shall not be unreasonably withheld
                                         or delayed. In addition to the foregoing, to the extent any action initiated by GSK involves
                                         any infringement of CureVac Patent Rights and/or Joint Patent Rights, as the case may
                                         be, and is reasonably likely to relate to CureVac's products and/or technologies other
                                         than a Product, GSK will consult with CureVac regarding issues relating to such CureVac
                                         Patent Rights, Joint Patent Rights, and/or CureVac's products and technologies, and the
                                         Parties will mutually agree on strategic litigation decisions regarding such issues.

 

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		10.9	Assistance.
                                         The non-enforcing Party shall provide such assistance as the enforcing Party reasonably
                                         requests in connection with any action or suit hereunder to prevent or enjoin a Third
                                         Party Infringement at the enforcing Party's cost. At the request of the enforcing Party,
                                         the non-enforcing Party shall provide reasonable assistance to the enforcing Party, at
                                         the enforcing Party's expense, in connection with such enforcement, including by executing
                                         reasonably appropriate documents, and joining as a party to the action. The Parties agree
                                         that, irrespective of which Party brings the action or suit pursuant to this Section 10.1,
                                         the Parties will update each other as to the status of such actions through the IP Sub-Committee
                                         and the enforcing Party will not unreasonably reject comments from the other Party relating
                                         to the management of such litigation.

 

		10.10	Defense.

 

		10.11	Notice.   If
                                         the Development, Manufacture or Commercialization of any Product in any country in accordance
                                         with this Agreement or other activity of either of the Parties pursuant to the Agreement
                                         is alleged by a Third Party to infringe a Third Party's Patent Right, the Party becoming
                                         aware of such allegation shall promptly notify the other Party.

 

		10.12	Control.   CureVac
                                         has the first right, but not the obligation, to control any defense of any such claim
                                         involving an alleged infringement of Third Party rights by (i) the exploitation
                                         or use of the CureVac Technology, where such alleged infringement is allegedly not caused
                                         solely by the Development, Manufacturing or the Commercialization of one or more Products
                                         or (ii) CureVac's activities under this Agreement (including Development, Manufacturing
                                         or the Commercialization of one or more Products, and the Commercialization of Products
                                         in the CureVac Territory), at its own expense and by counsel of its own choice, and GSK
                                         may, at its own expense, choose to be represented with respect to any such claim by counsel
                                         of its own choice. GSK has the first right, but not the obligation, to control any defense
                                         of any such claim other than where CureVac has the first right to control the defense
                                         of a claim, at its own expense and by counsel of its own choice, and CureVac may, at
                                         its own expense, choose to be represented with respect to any such claim by counsel of
                                         its own choice.

 

		10.13	Assistance.   Upon
                                         the defending Party's request and cost, the non-defending Party shall provide reasonable
                                         assistance to the defending Party with respect to a defense and/or shall join in any
                                         action if reasonably required by the defending Party in order to defend such claim or
                                         to assert all available defenses and claims, and shall reasonably cooperate with the
                                         defending Party. The defending Party shall not enter into a settlement that imposes a
                                         financial obligation upon the non-defending Party or which limits the scope or invalidates
                                         any Patent Right of the other Party without such Party's prior written consent, which
                                         consent shall not be unreasonably withheld or delayed, and in any settlement the defending
                                         Party shall always take into consideration the interest of the non-defending Party.

 

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		10.14	FTO
                                         Licenses. Without prejudice to other provisions of Section 13.4, and
                                         the rights and remedies of GSK thereunder, where a Party reasonably concludes that use
                                         or exploitation of: (i) in the case of GSK, any CureVac Elements; or (ii) in
                                         the case of CureVac, any mRNA technology or other technology used by or on behalf of
                                         GSK, its Affiliates or Sublicensees to Develop, Manufacture and/or Commercialize Products
                                         under this Agreement that is described in the Know-How, or within the scope of the specification
                                         of the Patents Rights, Controlled by GSK (excluding, for clarity any CureVac Know-How
                                         or CureVac Patent Rights), in each case for the Development, Manufacturing or Commercialization
                                         of Products, infringes Third Party rights and will require a freedom-to-operate license
                                         from such Third Party, the Parties will discuss the issue and the strategy for obtaining
                                         a sublicensable license in the IP Sub-Committee, with final endorsement by the JSC. Upon
                                         request of such Third Party or the other Party, the requested Party will consider in
                                         good faith whether and how it may support obtaining a freedom-to-operate license, e.g.,
                                         by granting a cross-license under its Background Technology to such Third Party. If the
                                         Third Party rights are reasonably expected to affect the Products as well as other products,
                                         and if they are necessary to obtain freedom to operate with respect to any CureVac Elements,
                                         CureVac shall reasonably consider obtaining such freedom-to-operate license, and that
                                         license, if sublicensable, will become an additional In-Licensing Agreement as set forth
                                         in Section 2.7.1 at no additional cost to and with no further consideration payable
                                         by GSK. If such license is obtained by GSK and required to obtain freedom-to-operate
                                         under CureVac Elements, as between the Parties, any costs shall be borne in accordance
                                         with Section 8.7.5. If such license is required to obtain freedom-to-operate with
                                         respect to a Product (but not under any CureVac Elements), the costs will be borne by
                                         GSK.

 

		11.	CONFIDENTIALITY.

 

		11.1	Obligation
                                         of Confidentiality.   As at and after the Effective Date, all Confidential
                                         Information disclosed, revealed or otherwise made available to one Party or its Affiliates
                                         ("Receiving Party") by or on behalf of the other Party ("Disclosing Party")
                                         under, or as a result of, this Agreement is made available to the Receiving Party solely
                                         to permit the Receiving Party to exercise its rights, and perform its obligations, under
                                         this Agreement. The Receiving Party shall not use any of the Disclosing Party's Confidential
                                         Information for any other purpose, and shall not disclose, reveal or otherwise make any
                                         of the Disclosing Party's Confidential Information available to any other person, firm,
                                         corporation or other entity, without the prior written authorization of the Disclosing
                                         Party, except as explicitly stated in this Section 11. Without limiting the foregoing
                                         no Receiving Party shall be permitted under this Agreement to share any Confidential
                                         Information supplied by a Disclosing Party with (i) any Third Party (or such Third
                                         Party's Affiliates) that becomes an Affiliate of that Receiving Party solely as a result
                                         of a Change of Control in that Receiving Party or (ii) in the case of CureVac, any
                                         Third Party sublicensee under the CureVac Technology (including those identified in item
                                         (iii) of the Disclosure Letter).

 

		11.2	Additional Obligations.

 

		11.2.1	Appropriate
                                         Safeguards.   In furtherance of the Receiving Party's obligations
                                         under Section 11.1 hereof, the Receiving Party shall take all reasonable steps,
                                         and shall implement all appropriate and reasonable safeguards, to seek to prevent the
                                         unauthorized use or disclosure of any of the Disclosing Party's Confidential Information.
                                         The Parties will jointly agree a protocol with information security measures to be implemented
                                         to safeguard secured exchange of Confidential Information and personal information, within
                                         [*****] following the Closing Date.

 

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		11.2.2	Unauthorized
                                         Use or Disclosure.   The Receiving Party shall furnish the Disclosing
                                         Party with written notice immediately of it becoming aware and indicating details of
                                         any unauthorized use or disclosure of any of the Disclosing Party's Confidential Information
                                         by any employee, officer, director, consultant, CRO, CMO, contractors, agent(s), consultant(s),
                                         and Sublicensees, or Financial Partner of/the Receiving Party, and shall take all actions
                                         reasonably required in order to prevent any further unauthorized use or disclosure of
                                         the Disclosing Party's Confidential Information. Notwithstanding the foregoing, the Receiving
                                         Party remains responsible and liable for any unauthorized use by any employee, officer,
                                         director, consultant, CRO, CMO, contractors, agent(s), consultant(s), and Sublicensees,
                                         or Financial Partner of the Receiving Party.

 

		11.3	Limitations.   The
                                         Receiving Party's obligations under Sections 11.1 shall not apply to the extent that
                                         the Receiving Party can demonstrate by competent written evidence that any of the Disclosing
                                         Party's Confidential Information:

 

		(i)	is known by the Receiving Party
                                         at the time of its receipt, and not through a prior disclosure by or on behalf of the
                                         Disclosing Party;

 

		(ii)	is in the public domain by use
                                         and/or publication before its receipt from the Disclosing Party, or thereafter enters
                                         the public domain through no fault of the Receiving Party;

 

		(iii)	is subsequently disclosed to
                                         the Receiving Party by a Third Party who may lawfully do so and is not under an obligation
                                         of confidentiality regarding the Confidential Information; or

 

		(iv)	is developed by the Receiving
                                         Party independently of Confidential Information or material received from the Disclosing
                                         Party.

 

		11.4	Authorized Disclosures.

 

		11.4.1	Necessary
                                         Disclosures.   Each Party may disclose the other Party's Confidential
                                         Information as expressly permitted by this Agreement or if and to the extent such disclosure
                                         is reasonably necessary in the following instances:

 

		(i)	disclosure to judicial, governmental
                                         or other regulatory agencies or authorities in connection with the filing, prosecution,
                                         maintenance and defense of Patent Rights as permitted by this Agreement;

 

		(ii)	disclosure to judicial, governmental
                                         or other regulatory agencies or authorities to gain or maintain approval, authorizations
                                         or the like to Develop, Manufacture or Commercialize a given Product that such Party
                                         has a license or right to Develop, Manufacture or Commercialize hereunder in a given
                                         country or jurisdiction;

 

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		(iii)	prosecuting or defending litigation
                                         as permitted by this Agreement;

 

		(iv)	disclosure to its and its Affiliates'
                                         employees, officers, directors, consultants, CROs, CMOs, contractors, agent(s), consultant(s),
                                         to Sublicensees (in the case of GSK) or permitted sublicensees (in the case of CureVac)
                                         or the LNP Provider, in each case on a need-to-know basis for the purposes as expressly
                                         authorized and contemplated by this Agreement, including for the Development, Manufacturing
                                         and/or Commercialization of the Products (or for such entities to determine their interest
                                         in performing such activities) in accordance with this Agreement, on the condition that
                                         such Affiliates or Third Parties agree to be bound by confidentiality and non-use obligations
                                         that substantially are no less stringent than those confidentiality and non-use provisions
                                         contained in this Agreement;

 

		(v)	disclosure to such Party's attorneys,
                                         independent accountants or financial advisors for the sole purpose of enabling such attorneys,
                                         independent accountants or financial advisors to provide advice to the Receiving Party,
                                         on the condition that such attorneys, independent accountants and financial advisors
                                         agree to be bound by the confidentiality and non-use obligations contained in this Agreement;
                                         or

 

		(vi)	disclosure to any bona fide potential
                                         or actual investor, insurer, acquirer, merger partner, Sublicensee (in the case of GSK),
                                         or permitted sublicensees (in the case of CureVac) or other bona fide potential or actual
                                         financial partner or funding source ("Financial Partner") solely for
                                         the purpose of evaluating or carrying out an actual or potential investment, acquisition,
                                         license or collaboration, and to any related persons directly connected with such activity
                                         being contemplated with the Financial Partner, such as an advisory firm or investment
                                         bank; provided that in connection with such disclosure, the Disclosing Party shall notify
                                         each disclosee of the confidential nature of such Confidential Information and disclosure
                                         shall be subject to the agreement of each disclosee to be bound by confidentiality and
                                         non-use obligations that substantially are no less stringent than those confidentiality
                                         and non-use provisions contained in this Agreement.

 

		11.4.2	Required
                                         Disclosures.   If a Party is required by judicial, governmental or
                                         administrative process, including to comply with Applicable Laws (including stock exchange
                                         rules) or pursuant to Section 11.4.1 to disclose Confidential Information that is
                                         subject to the non-disclosure provisions of Section 11.1, such Party shall to the
                                         extent reasonably possible provide the other Party with reasonable advance notice of
                                         the disclosure that is being sought in order to provide the other Party an opportunity
                                         to challenge or limit the disclosure obligations. Confidential Information that is disclosed
                                         by judicial, governmental or administrative process shall remain otherwise subject to
                                         the confidentiality and non-use provisions of this Section 11, and the Party disclosing
                                         Confidential Information pursuant to judicial, governmental or administrative process
                                         shall take all steps reasonably necessary, including to seek an order of confidentiality,
                                         to ensure the continued confidential treatment of such Confidential Information.

 

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		11.5	Survival.   All
                                         of the Receiving Party's obligations under this Section 11 hereof, with respect
                                         to the protection of the Disclosing Party's Confidential Information, shall for a period
                                         of [*****] survive the expiry or termination of this Agreement for any reason whatsoever.

 

		11.6	Public
                                         Announcements, Press Releases.   The Parties shall issue a press release
                                         in the form attached hereto as Exhibit 11.6 at an agreed time promptly after the
                                         Closing Date. Thereafter, except as otherwise expressly permitted in this Agreement,
                                         and except as may be required by Applicable Law, including the listing standards or agreements
                                         of any national or international securities exchange, neither Party shall issue any press
                                         release or public statement disclosing information relating to this Agreement or the
                                         transactions contemplated hereby or the terms hereof without the prior written consent
                                         of the other Party, not to be unreasonably withheld, conditioned, or delayed. Each Party
                                         may repeat any information relating to this Agreement that has already been publicly
                                         disclosed in accordance with this Section 11.6, provided such information continues
                                         as of such time to be accurate.

 

		11.7	Publication
                                         of Development Data. The Parties acknowledge the merit of publishing Development
                                         Data regarding the Products (other than CMC Development data) in searchable, peer-reviewed
                                         scientific literature in accordance with international scientific publishing practices
                                         and standards (including regarding the recognition of contribution and authorship). Either
                                         Party may request the other Party to discuss and determine in good faith a joint publication
                                         strategy for the Development Data regarding the Products, which shall be effective upon
                                         endorsement by the IP Sub-Committee and the respective Alliance Managers. As between
                                         the Parties, the Party by whom or on whose behalf the experiment or study generating
                                         such Development Data has been conducted, shall be responsible for the publication of
                                         such Development Data, unless defined otherwise in a joint publication strategy. Any
                                         intended publication of Development Data regarding a Product (including presentations
                                         to Third Parties or publication in intellectual property filings) shall be notified to
                                         the IP Sub-Committee by the relevant Party as soon as reasonably practicable and in any
                                         event at least [*****] before the final decision to publish, to allow the other Party
                                         to review and comment on the publication. The other Party may demand that the publication
                                         of the proposed presentation or publication is delayed for a period of [*****] in order
                                         to assess whether the Development Data intended to be published is patentable. If the
                                         other Party decides to pursue patent protection, it may request the publishing Party
                                         to further delay the publication of the proposed presentation or publication for a time
                                         not exceeding [*****] from the date of the publishing Party’s notification, to
                                         enable adequate protection and prosecution of Patent Rights by either Party or their
                                         Affiliates.

 

With respect to any agreements
between a Party and Third Parties (including clinical investigators) that a Party enters into after the Closing Date relating
to the Development of any Product or otherwise relating to Development activities under this Agreement, such Party shall use reasonable
efforts to include publication provisions regarding results of the experiments and studies for such Products that allow such Party
to receive and provide a copy of any proposed publications or public presentations to the other Party, which such Party shall
submit to the other Party with a reasonable amount of time for review as described in this Section 11.7.

 

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Subject to the above review,
a Party shall have the right as required by Applicable Law or its policies and standard operating procedures to (a) publish
protocol summaries, results summaries, protocols, clinical study reports, plain language summaries and other study documents of
all Clinical Studies conducted by or on behalf of such Party during the Term of this Agreement in any clinical trial register,
including any of its own clinical trial registers; (b) publicly disclose results from other Clinical Studies where that Party
determines that the results are scientifically important or relevant for patient care; and (c) make any other public disclosures
of clinical Development Data that become required by GSK or CureVac due to Applicable Laws.

 

		12.	COMPLIANCE,
                                         QUALITY, INTEGRITY

 

		12.1	Legal
                                         Compliance. Each Party shall procure that it and its personnel performs this
                                         Agreement in accordance with Applicable Laws.

 

		12.2	GxP.
                                         GSK and CureVac shall undertake the Development activities regarding the Products,
                                         in compliance with GxP. With regard to any Clinical Studies conducted by CureVac under
                                         this Agreement, GSK may require CureVac to comply with the policies and standards of
                                         the GSK regarding the human subject research conducted to its benefit, and shall in this
                                         respect allow GSK, at its request, to review and approve at least the protocol and informed
                                         consent forms associated with such Clinical Studies.

 

		12.3	Data
                                         Integrity. GSK and CureVac shall carry out their respective Development activities
                                         under this Agreement, and collect and record any data generated therefrom, in a manner
                                         consistent with the following good data management practices: (i) Development Data
                                         shall be generated using sound scientific techniques and processes; (ii) Development
                                         Data shall be analyzed appropriately, without bias and in accordance with good scientific
                                         practices; and (iii) Development Data shall be accurately recorded in accordance
                                         with good scientific practices by the individuals performing the research and in accordance
                                         with the ALCOA CCEA data integrity principles: (A) Attributable: data are traceable
                                         to the originator, (person and/or a computerized system, a device, an instrument), including
                                         any changes made to data, i.e. who performed an action and when, so that key decisions
                                         made during the conduct of the research, presentations made about the research and conclusions
                                         reached in respect of the research can be easily demonstrated and reconstructed; (B) Legible:
                                         data are readable and understandable; (C) Contemporaneous: data are recorded at
                                         the time they are generated or observed as per regulatory requirements; or in absence
                                         of regulatory requirements, local business practices; (D) Original (true copy):
                                         data as the file or format in which it was first generated, e.g. first paper record of
                                         manual observation, or electronic raw data file from a computerized system as per regulatory
                                         requirements; or in absence of regulatory requirements, local business practices; (E) Accurate:
                                         data, including error corrections and edits, are correct, truthful and to the appropriate
                                         precision; (F) Complete: all expected elements of the data are present (i.e., no
                                         unexplained gaps in the data) and the full meaning and context is preserved with the
                                         data; (G) Consistent: all elements of the record follow in the expected sequence;
                                         (H) Enduring: data are recorded in a permanent medium (paper or electronic) and
                                         continue to be retained in a human readable format for as long as specified in applicable
                                         record retention requirements; and (I) Available: data are maintained securely in
                                         such a way that they are accessible and retrievable in reasonable times ("Good
                                         Data Management Practices"). Each Party shall maintain written policies and
                                         standards related to Good Data Management Practices and shall ensure appropriate, documented
                                         training of its relevant personnel with respect to Good Data Management Practices.

 

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		12.4	Human
                                         Biological Samples. If the Parties wish to source Human Biologicals Samples
                                         on each other's behalf or exchange Human Biological Samples between them, such exchange
                                         shall be recorded in separate addendums to this Agreement setting forth further terms
                                         and conditions for the specific purpose. GSK and CureVac undertake that the Human Biological
                                         Samples used or collected in connection with the Development have been obtained and will
                                         be stored, transferred, used and disposed of in accordance with all Applicable Laws and
                                         any generally accepted ethical guidelines regarding the collection, use, transport and
                                         disposal of human tissue, including with regard to consents from patients, volunteers
                                         and other donors.

 

		12.5	Privacy;
                                         Information Security. The Parties shall comply with Data Protection Laws (as
                                         defined in Exhibit 12.5), including those concerning medical confidentiality and
                                         privacy in relation to human subjects of the Development activities regarding the Products.
                                         The Parties acknowledge that they do not intend that one Party processes personal information
                                         for and on behalf of the other Party. If personal information is transferred between
                                         the Parties (as between controllers) pursuant to the performance of this Agreement or
                                         any Ancillary Agreement, the Parties shall comply with Exhibit 12.5, which may be
                                         amended from time to time by the Parties as is required by Applicable Laws. The Parties
                                         will enter into further data protection agreements if required by Applicable Laws.

 

		12.6	Ethical
                                         Care of Animals. The Parties shall comply with all Applicable Laws for the
                                         care, welfare and ethical treatment of animals in the country where animal testing or
                                         animal research is performed. The Parties shall implement the "3Rs" Principles
                                         – reducing the number of animals used, replacing animal with non-animal methods
                                         whenever possible and refining the research techniques used. All work shall be performed
                                         in adherence to the core principles for animals identified below. Local customs, norms,
                                         practices or laws may be additive to the core principles, but each Party agrees to comply
                                         and shall procure and ensure that those acting for or on behalf of such Party (including
                                         its subcontractors) comply, as a minimum, with these core principles: (i) access
                                         to species appropriate food and water; (ii) access to species specific housing,
                                         including species appropriate temperature and humidity levels; (iii) provision of
                                         humane care and a program of veterinary care through guidance of a veterinarian; (iv) animal
                                         housing that minimizes the development of abnormal behaviors; (v) adherence to principles
                                         of replacement, refinement and reduction in the design of in vivo or ex vivo studies
                                         with processes to optimize animal use and to ensure effective population management;
                                         (vi) supported by a relevant scientific justification/rationale, approved by an
                                         institutional ethical review process and subjected to independent scientific review;
                                         (vii) commitment to minimizing pain and distress during in vivo and ex vivo studies;
                                         and (viii) work is performed by personnel documented as trained and competent to
                                         conduct the procedures for which they are responsible. Each Party agrees that all protocols
                                         involving animal research or animal testing for in connection with the Products shall
                                         undergo an ethical review, whether or not required by Applicable Law, and that written
                                         documentation confirming ethical review shall be maintained by such Party until [*****]
                                         after the completion of the experiment or test, demonstrating that the review was completed.
                                         If a Party is currently accredited by AAALACi, such Party agrees to make commercially
                                         reasonable efforts to maintain its AAALACi accreditation during the life of this Agreement.
                                         Each Party shall have procedures in place to assess and approve its external suppliers
                                         and distributors who supply animals to it to: (i) ascertain and confirm the quality
                                         of the animals supplied; (ii) ensure legal requirements for the care and welfare
                                         of animals are met; and (iii) ensure that only purpose bred animals are used to
                                         perform the animal testing or research. The distance of suppliers from the test facility
                                         shall be minimized (where practicable) and transport processes (e.g. stocking densities,
                                         carrying crates, food and water) shall ensure minimum stress. On arrival, each Party
                                         shall ensure checks are in place to confirm only healthy animals are used. Each Party
                                         shall document the approval of its animal suppliers and distributors, which documentation
                                         shall be made available to the other Party upon request. GSK shall have the right, but
                                         not the obligation, to approve any supplier of non-human primates or other animals, which
                                         right may be invoked upon notice to CureVac.

 

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		12.7	Environment,
                                         Health and Safety. CureVac shall: (i) maintain an "EHS" (environment,
                                         health and safety) policy and risk-based management system with a commitment to provide
                                         a safe and healthy workplace and protect the environment surrounding its operations;
                                         (ii) ensure there is at least one senior executive with responsibility for EHS and
                                         the organization has access to technical expertise to support the company in meeting
                                         EHS obligations; (iii) provide relevant information, education and training to workers
                                         on the hazards, risks and controls associated with their job; (iv) provide the physical
                                         infrastructure, workplace and engineering controls necessary to ensure safe storage,
                                         handling and processing of materials and waste in order to protect people, the environment
                                         and local communities from harm; and (v) provide and maintain emergency detection
                                         systems and an effective response and healthcare capabilities.

 

		12.8	Sanctions
                                         and export controls. The Parties represent and warrant that they are aware
                                         of, and undertake in carrying out their obligations under this Agreement and the agreements
                                         referred to within this Agreement that they will not violate and prevent becoming exposed
                                         to penalties under, all sanctions, export control, and anti-boycott laws, regulations,
                                         orders, directives, designations, licenses, and decisions of the European Union, the
                                         United Kingdom, the United States of America, and of any other country with jurisdiction
                                         over activities undertaken in connection with this Agreement, if applicable ("Sanctions &
                                         Trade Controls"). Each Party undertakes that, at all times, in the performance
                                         of their obligations under this Agreement and the agreements referred to within this
                                         Agreement, they will not take any action that causes the other Party to violate or otherwise
                                         become exposed to penalties under any Sanctions & Trade Controls. Neither Party
                                         shall be required to take or refrain from taking any action, nor shall it be required
                                         to furnish any information, that would be prohibited under any Sanctions & Trade
                                         Controls (as defined above).

 

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		12.9	Anti-bribery
                                         and corruption. The Parties shall comply fully at all times with all Applicable
                                         Laws, including but not limited to anti-corruption laws, and represents and warrants
                                         that it has not, and covenants that it will not, in connection with the performance of
                                         this Agreement, directly or indirectly, make, promise, authorize, ratify or offer to
                                         make, or take any act in furtherance of any payment or transfer of anything of value
                                         for the purpose of influencing, inducing or rewarding any act, omission or decision to
                                         secure an improper advantage; or improperly assisting in obtaining or retaining business,
                                         or in any way with the purpose or effect of public or commercial bribery, and warrants
                                         that it has taken reasonable measures to prevent subcontractors, agents or any other
                                         third parties, subject to its control or determining influence, from doing so. For the
                                         avoidance of doubt this includes facilitating payments, which are unofficial, improper,
                                         small payments or gifts offered or made to Government Officials to secure or expedite
                                         a routine or necessary action to which a Party is legally entitled. Either Party shall
                                         be entitled to terminate this Agreement immediately on written notice to the other Party,
                                         if the other Party fails to perform its obligations in accordance with this Section 12.9.
                                         A Party shall have no claim against the other Party for compensation for any loss of
                                         whatever nature by virtue of the termination of this Agreement in accordance with this
                                         Section 12.9. Either Party shall inform the other Party in writing, if, during the
                                         course of this Agreement, it is convicted of or pleads guilty to a criminal offence involving
                                         fraud or corruption, or becomes the subject of any government investigation for such
                                         offenses, or is listed by any government agency as debarred, suspended, proposed for
                                         suspension or debarment, or otherwise ineligible for government programs. Either Party
                                         shall ensure that all transactions under the Agreement are properly and accurately recorded
                                         in all material respects on its books and records and each document upon which entries
                                         such books and records are based is complete and accurate in all material respects. Either
                                         Party must maintain a system of internal accounting controls reasonably designed to ensure
                                         that it maintains no off-the-books accounts.

 

		12.10	Changes
                                         to Compliance Framework. At any time during the term of this Agreement, either
                                         Party may suggest reasonable amendments to this Section 12 and the clauses of this
                                         Agreement referencing this Section 12, or any provision of any Ancillary Agreement
                                         concerning compliance, quality, safety or integrity, where such Party reasonably believes
                                         such changes are required to ensure compliance with Applicable Laws, or such Party's
                                         interpretation of Applicable Laws as reflected in the values, quality, integrity, safety
                                         or compliance framework of the group to which that Party belongs. The other Party shall
                                         not unreasonably refuse or delay its agreement to such amendments. In case of any conflict
                                         between the Parties' interpretation of frameworks, the more stringent interpretation
                                         or framework shall be reflected in the amendment.

 

		12.11	Breaches.
                                         Each Party shall promptly notify the other Party of any significant deficiencies
                                         impacting the performance of this Agreement having regard to its compliance with this
                                         Section 12and any corrective actions taken.

 

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		12.12	Audit.
                                         GSK or its nominee shall have the right to enter the CureVac's manufacturing
                                         facilities and any of CureVac's other offices, facilities, records and information systems
                                         to carry out an audit to verify and monitor CureVac's compliance with Section 12
                                         [*****] per Calendar Year, save any For Cause audits. The scope of the audit may include,
                                         but need not be limited to, a tour of the facility, the opportunity to view relevant
                                         standard operating procedures (SOPs), training records, building management records,
                                         animal health records, ethical review documents, and any other documents reasonably necessary
                                         to assess compliance by CureVac. The duration of the inspection shall be at the sole
                                         reasonable discretion of GSK. Audits conducted under this Section 12.12 shall require
                                         reasonable prior notice of at least [*****], except in case of For Cause audits (as defined
                                         below), in which case such limitation a prior notice of [*****] shall suffice. Audits
                                         conducted under this Section 12.12 shall be scheduled in such a manner so as not
                                         to impact the production schedule or CureVac's normal business activities and shall be
                                         conducted during regular business hours. For the purposes of this Section 12.12,
                                         a "For Cause" audit shall be an audit conducted based on a substantiated suspicion
                                         by GSK of a material lack of compliance with Section 12, in respect of which GSK
                                         has shared with CureVac documentation substantiating its suspicion prior to the audit.
                                         Persons conducting the on-site audits shall be required to comply with reasonable CureVac
                                         rules applicable to the site and GSK shall ensure that any person involved in any
                                         audit (including a document-only inspection) shall be bound by an obligation of confidentiality.
                                         CureVac shall use commercially reasonable efforts to ensure that the same audit rights
                                         for GSK as described in this Section 12.12 apply with respect to the premises of
                                         any subcontractors authorized in accordance with this Agreement.

 

		13.	INDEMNIFICATION
                                         AND REPRESENTATIONS AND WARRANTIES.

 

		13.1	Indemnification
                                         by GSK. GSK will defend, indemnify and hold CureVac and its Affiliates and their
                                         directors, officers, employees, consultants, agents, permitted sublicensees and contractors
                                         (the "CureVac Indemnified Parties") harmless from and against any and
                                         all losses, liabilities, claims, suits, proceedings, expenses, fees, recoveries and damages,
                                         including reasonable and demonstrable legal expenses and costs including attorneys' fees,
                                         resulting or arising out of any claim by any Third Party resulting or arising from (i) the
                                         negligence or willful misconduct of GSK, any of its Affiliates or Sublicensees, or any
                                         of their respective directors, officers, employees, agents or contractors; (ii) the
                                         Development, Manufacturing and/or Commercialization of the Products by or on behalf of
                                         GSK (other than as conducted by CureVac), any of its Affiliates or any of their respective
                                         Sublicensees or (iii) any breach of this Agreement by GSK, any of its Affiliates
                                         or any of their Sublicensees; except, in each case, to the extent caused by the negligence
                                         or willful misconduct of any of the CureVac Indemnified Parties.

 

		13.2	Indemnification
                                         by CureVac. CureVac will defend, indemnify and hold GSK and its Affiliates and their
                                         directors, officers, employees, consultants, agents, Sublicensees and contractors (the
                                         "GSK Indemnified Parties") harmless from and against any and all losses,
                                         liabilities, claims, suits, proceedings, expenses, fees, recoveries and damages, including
                                         reasonable and demonstrable legal expenses and costs including attorneys' fees, resulting
                                         or arising out of any claim by any Third Party resulting or arising from (i) the
                                         negligence or willful misconduct of CureVac, any of its Affiliates, or any of their respective
                                         directors, officers, employees, consultants, agents or contractors (including an approved
                                         subcontractor or approved CMO); or (ii) the Development, Manufacture and/or Commercialization
                                         of any of the Products, if any, by or on behalf of CureVac (other than as conducted by
                                         GSK), any of its Affiliates, or their approved subcontractors or approved other CMOs);
                                         or (iii) any breach of this Agreement by CureVac, or any of its Affiliates; except,
                                         in each case, to the extent caused by the negligence or willful misconduct of any of
                                         the GSK Indemnified Parties.

 

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		13.3	Indemnification
                                         Procedures. The indemnified Party will give the indemnifying Party prompt notice
                                         of any such claim or lawsuit. Such notice shall include a reasonable identification of
                                         the alleged facts giving rise to such claim for indemnification. The failure to deliver
                                         written notice to the indemnifying Party within a reasonable time after the commencement
                                         of any action with respect to a claim shall only relieve the indemnifying Party of its
                                         indemnification obligations if and to the extent the indemnifying Party is actually and
                                         materially prejudiced thereby. The indemnifying Party shall notify the indemnified Party
                                         of its intentions as to the defense of the claim in writing within [*****] after the
                                         indemnifying Party's receipt of notice of the claim from the indemnified Party. If the
                                         indemnifying Party assumes defense of the claim, the indemnified Party may participate
                                         in, but not control, the defense of such claim using attorneys of its choice and at its
                                         sole cost and expense (i.e., with such cost and expense not being covered by the indemnifying
                                         Party). The indemnified Party shall reasonably cooperate with the indemnifying Party
                                         in its defense of the claim at the indemnifying Party's reasonable, pre-approved expense.
                                         The indemnifying Party will have the right to compromise, settle or defend any such claim
                                         or lawsuit; provided that (i) no offer of settlement, settlement or compromise by
                                         the indemnifying Party shall be binding on the indemnified Party without its prior written
                                         consent, not to be unreasonably withheld, conditioned or delayed, unless such settlement
                                         fully releases the indemnified Party without any liability, loss, cost or obligation
                                         incurred by the indemnified Party and in no event shall any settlement or compromise
                                         admit or concede that any aspect of any Patent Right owned or Controlled by the indemnified
                                         Party is invalid or unenforceable or adversely affect the scope of any Patent Right owned
                                         or Controlled by the indemnified Party; and (ii) the indemnifying Party shall not
                                         have authority to admit any wrongdoing or misconduct on the part of the indemnified Party
                                         except with the indemnified Party's prior written consent. If the indemnifying Party
                                         does not agree to assume the defense of the claim asserted against the indemnified Party
                                         (or does not give notice that it is assuming such defense), or if the indemnifying Party
                                         assumes the defense of the claim in accordance with this Section 13.3, but yet fails
                                         to defend or take other reasonable, timely action, in response to such claim asserted
                                         against the indemnified Party, the indemnified Party shall have the right to defend or
                                         take other reasonable action to defend its interests in such proceedings, and shall have
                                         the right to litigate, settle or otherwise dispose of any such claim; provided, however,
                                         that no Party shall have the right to settle a claim in a manner that would adversely
                                         affect the rights granted to the other Party hereunder, or would materially conflict
                                         with this Agreement, without the prior written consent of the Party entitled to control
                                         the defense of such claim, which consent shall not be unreasonably withheld, delayed
                                         or conditioned.

 

		13.4	CureVac
                                         Representations and Warranties. Subject to the disclosures in the attached Exhibit 13.4
                                         ("Disclosure Letter") CureVac represents and warrants to GSK as
                                         at the Effective Date, that:

 

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		(i)	it is the sole and exclusive owner
                                         of the Patent Rights listed in Exhibit 1.47 or otherwise Controls such Patent Rights;

 

		(ii)	to CureVac's knowledge, it has
                                         the full right, power and authority to grant the rights and licenses it purports to grant
                                         hereunder;

 

		(iii)	neither CureVac nor any of its
                                         Affiliates has granted any Third Party any rights or licenses that would interfere or
                                         be inconsistent with GSK's rights and licenses hereunder;

 

		(iv)	CureVac has
                                         received no written notice of or any written demand relating to any threatened or pending
                                         litigation, and no other matters are within CureVac's knowledge, which would reasonably
                                         lead it to believe that GSK's exercise of any rights purported to be granted by CureVac
                                         under this Agreement will infringe any Patent Rights or infringe or misappropriate any
                                         other intellectual property right of any Third Party;

 

		(v)	there is no currently pending
                                         administrative proceedings or litigation and no administrative proceedings or litigation
                                         seeking to invalidate or otherwise challenge any CureVac Patent Right(s) has been
                                         threatened in writing;

 

		(vi)	CureVac has not given any written
                                         notice to any Third Party asserting infringement by such Third Party of any of the CureVac
                                         Technology or LNP Technology and, to CureVac's Knowledge, there is no unauthorized use,
                                         infringement or misappropriation of the CureVac Technology;

 

		(vii)	the CureVac Technology is free
                                         and clear of all encumbrances, security interests, options, and charges of any kind;

 

		(viii)	to CureVac's
                                         knowledge, the In-Licensing Agreements are valid and effective and CureVac has not received
                                         a written notice of termination for any of these In-Licensing Agreements;

 

		(ix)	to CureVac's knowledge, there
                                         is no ongoing litigation in respect of, litigation reasonably in prospect in connection
                                         with, and no reasonable prospect of termination under the In-Licensing Agreements by
                                         the respective counterparties under those agreements ahead of the respective expiry dates
                                         of such In-Licensing Agreements;

 

		(x)	to CureVac's knowledge, the information
                                         and documents set forth in or referred to in the Disclosure Letter are true, complete
                                         and accurate in all material respects;

 

		(xi)	to CureVac's knowledge, the information
                                         and documents regarding the In-Licensing Agreements, CureVac's portfolio of Patent Rights,
                                         toxicology studies, clinical data, process and analytical information, manufacturing
                                         process information, material filing and correspondence with Regulatory Authorities,
                                         disclosed in the [*****] e-data room prior to the Effective Date as a part of GSK's due
                                         diligence, is true, complete and accurate in all material respects; and

 

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		(xii)	CureVac
                                         has disclosed to GSK any written correspondence sent to or received from Regulatory Authorities,
                                         all drug safety monitoring board meeting minutes and internal safety review committee
                                         meeting minutes for the [*****] as of its Initiation.

 

		13.5	LNP
                                         Warranties. To the extent permitted under the applicable LNP Agreement, CureVac hereby
                                         warrants to GSK on a pass-through basis each matter which is the subject of any representation
                                         or warranty given by each LNP Provider to CureVac under each applicable LNP Agreement.

 

		13.6	Representations,
                                         Warranties of the Parties to Each Other. CureVac and GSK each represents and warrants
                                         and covenants with respect to itself only as at the Effective Date that:

 

		(i)	the execution, delivery and performance
                                         of this Agreement have been duly authorized by all necessary action on the part of such
                                         Party, its officers and directors, and does not conflict with, violate, or breach any
                                         agreement to which such Party is a party, or such Party's corporate charter, bylaws or
                                         similar organizational documents;

 

		(ii)	this Agreement constitutes a
                                         legal, valid and binding obligation of such Party that is enforceable against it in accordance
                                         with its terms, except as such enforceability may be limited by general principles of
                                         equity or to applicable competition, bankruptcy, insolvency, reorganization, moratorium,
                                         liquidation and other similar laws relating to, or affecting generally, the enforcement
                                         of applicable creditors' rights and remedies;

 

		(iii)	it is a company or corporation
                                         duly organized, validly existing, and in good standing under the laws of the jurisdiction
                                         in which it is incorporated.

 

		13.7	Due
                                         Diligence. Prior to the execution of any Ancillary Agreement, other than the Clinical
                                         Supply Agreement, GSK shall be entitled to perform further due diligence regarding CureVac's
                                         capabilities to perform in accordance with terms defined herein for such agreement. Without
                                         prejudice to the Parties' other rights and remedies, the Parties shall in good faith
                                         cooperate to address and remedy any issue identified during the due diligence referred
                                         to in this Section. For the avoidance of doubt, if GSK discovers a material issue regarding
                                         CureVac's capabilities to comply with such agreement, GSK may in addition to its other
                                         rights and remedies suspend the execution of any such agreement until such ground has
                                         been remedied by CureVac.

 

		13.8	Disclaimer
                                         Except as expressly set forth in this Agreement, each Party expressly disclaims,
                                         waives, releases, and renounces any representation or warranty of any kind, express or
                                         implied either in fact or by operation of law, by statute or otherwise, whether written
                                         or oral, or arising from course of performance, course of dealing or usage of trade,
                                         including any representation or warranty with respect to non-infringement, value, adequacy,
                                         freedom from fault, quality, efficiency, suitability, characteristics or usefulness,
                                         or merchantability or fitness for a particular purpose.

 

		13.9	Limitation
                                         of Liability. Except in the case of any breach of Section 11 or in case of willful
                                         misconduct or gross negligence, neither Party shall be liable to the other Party for
                                         any indirect, punitive or consequential damages, or for damages for loss of profits or
                                         loss of business opportunity, whether based on contract or tort, or arising under Applicable
                                         Laws or otherwise.

 

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		14.	TERM
                                         AND TERMINATION.

 

		14.1	Term.
                                         The term of this Agreement will commence on the Closing Date and end on the expiry
                                         of all applicable royalty payment obligations to CureVac under this Agreement, unless
                                         terminated earlier according to the terms and conditions of this Agreement ("Term").

 

		14.2	Termination
                                         at Will by GSK. GSK may terminate this Agreement in its entirety or on a Program-by-Program
                                         basis, at any time without cause upon [*****] prior written notice to CureVac.

 

		14.3	Termination
                                         for Cause by Either Party in respect of a Program before First Commercial Sale. On
                                         a Program-by-Program basis before the First Commercial Sale of a Product under a Program
                                         in a Territory, if either Party ("Breaching Party") commits a material
                                         breach or default of any of its obligations hereunder, such breach to include a material
                                         breach by GSK of its diligence obligations under Section 4.10 with respect to a
                                         Product, the other Party hereto ("Non-Breaching Party") may give the
                                         Breaching Party written notice of such material breach or default, and shall request
                                         that such material breach or default be cured as soon as reasonably practicable. If the
                                         Breaching Party fails to cure such breach or default within [*****] after the date of
                                         the Non-Breaching Party's written notice thereof, the Non-Breaching Party may terminate
                                         this Agreement in part in relation to the relevant Program by giving written notice of
                                         termination to the Breaching Party. If the Breaching Party indicates in writing that
                                         it will be unable or is unwilling to cure the breach, this Agreement may be terminated
                                         in part, in relation to the relevant Program (but not any other Program), by the Non-Breaching
                                         Party with immediate effect.

 

		14.4	Termination
                                         for Cause by Either Party in respect of a Program after First Commercial Sale. On
                                         a Program-by-Program basis after the First Commercial Sale of a Product under a Program
                                         in a Territory, if: (i) GSK fails to pay any amount payable under Section 8
                                         or any Ancillary Agreement; (ii) CureVac fails to pay any amount payable under any
                                         Ancillary Agreement; (iii) either Party commits any willful and material breach
                                         of the restrictions on any license granted to that Party pursuant to this Agreement;
                                         (iv) either Party commits a material breach of the non-compete obligations under
                                         Section 2.3; (v) GSK commits a material breach of its diligence obligations
                                         under Section 5.3, or (vi) either Party commits any persistent and material
                                         breach of Section 11, and the Party in breach of this Agreement (the "Breaching
                                         Party") fails to cure such breach or default within [*****] after the date of
                                         the written notice thereof from the other Party ("Non-Breaching Party"),
                                         the Non-Breaching Party may terminate this Agreement in relation to the relevant Product(s) (but
                                         not any other Program) by giving written notice of termination to the Breaching Party.
                                         If the Breaching Party indicates in writing that it will be unable or is unwilling to
                                         cure the breach, this Agreement may be terminated in relation to the relevant Product(s) by
                                         the Non-Breaching Party with immediate effect.

 

		14.5	Termination
                                         in respect of Anti-bribery and Corruption.  Either Party shall be entitled
                                         to terminate this Agreement in the circumstances specified in Section 12.9.

 

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		14.6	Termination
                                         in Part and Program Replacement. If either Party terminates this Agreement with
                                         respect to a specific Program under this Section 14, or if GSK replaces a Program
                                         under Section 3.6, the rights and obligations of the Parties hereunder with respect
                                         to the specific Program shall terminate as at the effective date of such termination
                                         and the consequences set forth in Section 15 shall apply on a Program-by-Program
                                         basis.

 

		14.7	Non-exclusive
                                         remedy.  Termination of this Agreement or in relation to a Program in accordance
                                         with Sections 14.3, 14.4, or 14.5 shall not affect or impair the Non-Breaching Party's
                                         right to pursue any legal remedy, including the right to recover damages, for any harm
                                         suffered or incurred by the Non-Breaching Party as a result of such breach or default.

 

		15.	CONSEQUENCES
                                         OF TERMINATION.

 

		15.1	Election
                                         by CureVac on Termination by GSK at Will or Termination by CureVac for Cause. CureVac
                                         shall notify GSK in writing within [*****] of notice of termination in accordance with
                                         Sections 14.2, 14.3, 14.4, or 14.5 if CureVac wishes to:

 

		a.	cease
                                         the Development and Commercialization of the relevant Product(s) under the relevant
                                         Program(s) and decline the transfer of any rights in relation to the Development,
                                         Manufacture and Commercialization of the relevant Products under this Agreement (the
                                         “CureVac Cease Option”); or

 

		b.	continue,
                                         itself or with a Third Party, with the Development and Commercialization of the relevant
                                         Product(s) under the relevant Program(s) (the “CureVac Continue Option”).

 

		15.2	Election
                                         by GSK on Termination by GSK for Cause. GSK shall notify CureVac in writing
                                         within [*****] of notice of termination in accordance with Sections 14.3, 14.4, or 14.5
                                         if GSK wishes to:

 

		a.	cease
                                         the Development and Commercialization of the relevant Product(s) under the relevant
                                         Program(s) and decline the transfer of any rights in relation to Development, Manufacture
                                         and Commercialization of the relevant Products under this Agreement, (the “GSK
                                         Cease Option”); or

 

		b.	continue
                                         with the Development and Commercialization of the relevant Product(s) under the
                                         relevant Program(s) (the “GSK Continue Option”).

 

		15.3	Specific
                                         consequences of CureVac Cease Option and the GSK Cease Option. If CureVac elects
                                         the CureVac Cease Option or GSK elects the GSK Cease Option, then with regard to the
                                         Program(s) in question:

 

		a.	Reversion
                                         of Rights: At the effective date of termination, all of CureVac’s rights to
                                         the CureVac Technology and LNP Technology shall automatically revert back to CureVac
                                         and all of GSK’s rights to the GSK Technology shall automatically revert back to
                                         GSK.

 

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		b.	Wind-Down:
                                         Each Party shall, at its own cost (subject to Sections 15.3c and 15.3d), use all reasonable
                                         endeavors to wind-down any on-going activities and commitments in connection with this
                                         Agreement and the Ancillary Agreements by the effective date of termination.

 

		c.	Costs
                                         (On Termination by GSK at Will): If CureVac elects the CureVac Cease Option following
                                         a termination of a Program by GSK in accordance with Section 14.2 while the R&D
                                         Plan for that Program has not been completed, GSK shall reimburse CureVac for the Development
                                         Costs set forth in the respective R&D Plan until the effective date of termination.

 

		d.	Costs
                                         (On Termination by CureVac for Cause): If CureVac elects the CureVac Cease Option
                                         following a termination of a Program by CureVac for cause in accordance with Section 14.3,
                                         14.4 or 14.5, GSK shall reimburse CureVac for the Development Costs set forth in the
                                         respective R&D Plan until the effective date of termination and reimburse CureVac
                                         for its demonstrable stranded costs arising from the early termination of the R&D
                                         Plan. CureVac shall use reasonable endeavors to mitigate those stranded costs.

 

		15.4	Specific
                                         consequences of the CureVac Continue Option. If CureVac elects the CureVac
                                         Continue Option, then with regard to the Program(s) in question, the following shall
                                         apply:

 

		a.	Transition:
                                         The JSC shall promptly meet to devise a transition plan, which provides for an orderly
                                         and cost-effective transition of, and which sets forth the responsibilities and a timetable
                                         for transferring, all Development, Manufacturing and Commercialization responsibilities
                                         to CureVac or a Third Party selected by CureVac for this purpose (the “Transition
                                         Plan”). Each Party will bear its own costs to agree and implement the Transition
                                         Plan unless CureVac has terminated this Agreement with respect to a specific Program
                                         for cause in accordance with Section 14.3, 14.4 or 14.5, in which case GSK shall
                                         reimburse CureVac for its reasonable and demonstrable direct costs incurred to implement
                                         the Transition Plan.

 

		b.	Reversion
                                         of Rights: All of CureVac’s rights to the CureVac Technology and LNP Technology
                                         shall automatically revert back to CureVac, except that if the date of termination occurs
                                         after the First Commercial Sale of the relevant Product, (i) the termination of
                                         the rights and obligations of the Parties, and the transfer and/or return of rights pursuant
                                         to this Section 15, shall take effect on a country-by-country basis, at time as
                                         CureVac is able to take over the Commercialization of the Product in such country where
                                         that Product is sold with no adverse impact on the continuous availability of Products
                                         in that country (the “Cut-Over Date”) and (ii) until such date
                                         in such country, the licenses granted to GSK under this Agreement (including Article 2)
                                         and any rights and obligations associated with such licenses (including GSK’s payment
                                         obligations under Section 8) shall survive.

 

		c.	Transfer
                                         of Development Data and Regulatory Approvals. CureVac shall have the right to request
                                         in writing, as part of the Transition Plan:

 

		(i)	a complete copy of all Development
                                         Data Controlled by GSK to be provided in original form and access to all other Know-How
                                         in GSK's possession or under its Control relating to the Products, such Development Data
                                         and other Know-How to be provided within [*****] of such request; and

 

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		(ii)	the transfer of Regulatory Approvals
                                         held by GSK, its Affiliates or Sublicensees, and if Regulatory Approvals have not been
                                         obtained by GSK, its Affiliates or Sublicensees, CureVac may require that GSK transfers
                                         to CureVac the status of any application for the Regulatory Approvals and notifies the
                                         competent Regulatory Authority thereof and supplies CureVac with all documents and clinical
                                         data already prepared by GSK, its Affiliates or Sublicensees for the filing of applications
                                         for Regulatory Approvals (with GSK using its good faith efforts to promptly undertake
                                         such actions).

 

		d.	GSK
                                         Trademark License: As part of the Transition Plan, on receipt of a written request
                                         from CureVac, GSK grants to CureVac an exclusive (even as to GSK), cost-free, perpetual
                                         and worldwide license (with the right to sublicense in multiple tiers) under the trademarks
                                         Controlled by GSK and used for the Products in the relevant jurisdiction(s) for
                                         the Manufacture and Commercialization of the Products in the Territory, excluding, however,
                                         any such trademarks – or such parts of a trademark - that include, in whole or
                                         part, any corporate name or logo of GSK, its Affiliates or Sublicensees, and excluding
                                         any trademark – or such part of a trademark - which contains the letters "[*****]"
                                         as prefix or suffix (in which case GSK will not oppose any application by CureVac to
                                         register a trademark which is similar to any trademark owned by GSK but does not use
                                         the letters "[*****]" as prefix or suffix).

 

		e.	GSK
                                         Technology License. On a Product-by-Product and country-by-country basis effective
                                         from the Cut-Over Date, GSK grants to CureVac (i) an exclusive (even as to GSK),
                                         perpetual and worldwide license (with the right to sublicense in multiple tiers) under
                                         GSK’s interest in Joint Product Inventions and Joint Other Inventions, and, upon
                                         CureVac’s election, to be exercised no later than [*****] after the effective date
                                         of termination, (ii) a non-exclusive royalty-bearing, perpetual and worldwide license
                                         (with the right to sublicense in multiple tiers) under the other GSK Technology which
                                         has been used by GSK for the Development, Manufacture and/or Commercialization of the
                                         terminated Products and is required for the further Development, Manufacture and/or Commercialization
                                         of such Products, in each case of (i) and (ii) for the continued Development,
                                         Manufacture and Commercialization of the Products in the Territory.

 

		f.	Post-Termination
                                         Financial Terms (Termination by GSK at Will): If GSK terminates this Agreement in
                                         its entirety or with respect to a specific Program in accordance with Section 14.2
                                         and CureVac elects the CureVac Continue Option and the license to the GSK Technology
                                         under Section 15.4e(ii), then, on a Product-by-Product and country-by-country basis
                                         effective from the Cut-Over Date, in consideration of the licenses granted in Section 15.4e(ii),
                                         CureVac shall pay GSK royalties as forth in Exhibit 15.4.

 

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		g.	Post-Termination
                                         Financial Terms (Termination by CureVac for Cause): If CureVac terminates this Agreement
                                         with respect to a specific Program for cause in accordance with Section 14.3, 14.4
                                         or 14.5, CureVac shall pay GSK the fair market value for acquisition by CureVac of the
                                         Program(s) and the associated rights and benefits pursuant to this Section 15.4,
                                         provided that CureVac may, if CureVac claims or seeks to claim damages in relation to
                                         breach of this Agreement by GSK, suspend the payment of such fair market value until
                                         the amount of damages suffered or incurred by CureVac has been agreed between the Parties
                                         or determined by an arbitration panel in accordance with Section 16.5, at which
                                         point those damages (if any) shall be set off against such fair market value payment
                                         (and any fair market value payment which would remain outstanding after the set off of
                                         damages shall become due and payable within [*****] after the agreement or determination
                                         of the amount of damages).

 

		h.	For
                                         the purposes of Section 15.4h, the “fair market value” shall be agreed
                                         by the Parties, or if the Parties are unable to agree within [*****] from the date of
                                         election in accordance with Section 15.1, either Party may refer the matter to be
                                         determined by a panel of experts in accordance with this Section 15.4h. The Parties
                                         shall agree on the appointment of the panel of experts, comprising three members experienced
                                         in the biopharmaceutical sector, in transactions within the biopharmaceutical sector,
                                         and the valuation of technology of the biopharmaceutical sector, and shall agree with
                                         the experts the terms of their appointment. If the Parties are unable to agree on the
                                         identity of the experts within [*****] after expiry of the aforementioned term of [*****],
                                         or if any of the persons proposed is unable or unwilling to act, then each Party shall
                                         nominate one expert, which two experts shall together select the third and final expert,
                                         who shall preside the expert panel. The experts shall act on the following basis: (i) on
                                         their appointment, the experts shall confirm their neutrality, independence and the absence
                                         of conflicts in determining the fair market value for the rights granted pursuant to
                                         this Section 15; (ii) the experts shall act as experts and not arbitrators;
                                         (iii) the experts’ determination shall (in the absence of manifest error)
                                         be final and binding on the Parties and not subject to appeal; (iv) the experts
                                         shall decide the procedure to be followed in the determination in accordance with this
                                         Agreement; (v) the costs of the determination, including the fees and expenses of
                                         the experts (but excluding the parties' own costs which shall be borne by the Party incurring
                                         those costs), shall be borne by GSK; and (vi) the expert determination and all matters
                                         connected with it shall be held in complete confidence by each of the Parties and shall
                                         not be disclosed to any other person except as permitted under Section 11.

 

		15.5	Specific Consequences of
                                         the GSK Continue Option.

 

If
GSK terminates this Agreement or a Program under Sections 14.3, 14.4 or 14.5, the rights and obligations of the Parties
hereunder shall terminate as at the effective date of such termination (or, if later, the Cut-Over Date) and the consequences
set forth in this Section 15 shall apply:

 

		a.	Survival
                                         of licenses: The licenses granted to GSK under this Agreement (including under Section 2)
                                         and any rights associated with such licenses shall survive the termination of this Agreement.

 

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		b.	Post-Termination
                                         Financial Terms: All payment obligations under Section 8 shall remain in effect,
                                         provided that with respect to milestones and royalties arising after the effective date
                                         of termination, GSK may, if GSK also claims or seeks to claim damages in relation to
                                         breach of this Agreement by CureVac, suspend the payment of such milestone and royalty
                                         payments until the amount of damages suffered or incurred by GSK has been agreed between
                                         the Parties or determined by an arbitration panel in accordance with Section 16.5,
                                         at which point those damages (if any) shall be set off against such milestone and royalty
                                         payments (and any milestone or royalty payment which would remain outstanding after the
                                         set off of damages shall become due and payable within [*****] after the agreement or
                                         determination of the amount of damages).

 

		c.	Costs
                                         (On Termination by GSK for Cause): CureVac shall undertake (at its own cost and without
                                         the right to be reimbursed) the transfer of Know-How in accordance with Sections 4.7
                                         and 5.2.3, and shall reimburse all reasonable and demonstrable direct costs and expenses
                                         incurred by GSK in connection with those activities.

 

		15.6	General
                                         Consequences of Expiry and Termination.

 

On
any termination of this Agreement in its entirety or on a Program-by-Program basis the rights and obligations of the Parties
hereunder shall terminate as at the effective date of such termination (unless stated otherwise in this Section 15) and the
following shall apply:

 

		a.	Reversion
                                         of Rights on Expiry: Upon expiry of this Agreement in a country and provided and
                                         to the extent that this Agreement is not terminated after such expiry by CureVac in accordance
                                         with Section 14.3, Section 14.4, or Section 14.5, or by GSK pursuant to
                                         Section 14.2, the licenses granted to GSK under Section 2 for such country
                                         shall become a fully paid-up, perpetual, and non-exclusive license.

 

		b.	Reversion
                                         of Rights on Termination: Except as set forth in this Section 15, the rights
                                         and obligations of the Parties under this Agreement shall automatically lapse as at the
                                         effective date of the termination in question.

 

		c.	Return
                                         of Information: No later than [*****] after the effective date of termination, each
                                         Party shall return or cause to be returned to the other Party or, at the other Party's
                                         option, destroy (and certify in writing the destruction of), all Confidential Information
                                         of the Disclosing Party in tangible form received from the other Party and all copies
                                         in any medium thereof; provided, however, that each Party may retain any Confidential
                                         Information reasonably necessary for such Party's continued Development, Manufacture
                                         or Commercialization of the Products pursuant to this Section 15, and may retain
                                         the Confidential Information solely for the purpose of ensuring its compliance with this
                                         Agreement and Applicable Law by electronic files created in the ordinary course of business
                                         during automatic system back-up procedures pursuant to its electronic record retention
                                         and destruction practices that apply to its own general electronic files and information
                                         so long as such electronic files are (i) maintained only on centralized storage
                                         servers (and not on personal computers or devices), (ii) not accessible by any of
                                         its personnel (other than its information technology specialists), and (iii) are
                                         not otherwise accessed subsequently except with the written consent of the other Party
                                         or as required by law. Such retained copies of documents and Confidential Information
                                         shall remain subject to the confidentiality and non-use obligations set forth in this
                                         Agreement.

 

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		d.	Settlement
                                         of Outstanding Sums: Each Party shall pay all amounts then due and owing as at the
                                         termination effective date.

 

		e.	Continuation
                                         of Ongoing Clinical Trials: In any event of termination, each Party may complete
                                         any clinical trial involving a Product it has initiated prior to the termination of this
                                         Agreement in accordance with the protocol for such trial, at its cost and such Party
                                         shall be granted by the other Party a cost-free, non-exclusive, sublicensable (as set
                                         forth in this Agreement), worldwide license under the CureVac Technology and the LNP
                                         Technology or respectively the GSK Technology to complete such clinical trials in accordance
                                         with their protocols.

 

		15.7	Effect
                                         of Expiry or Termination; Survival. Expiry or termination of this Agreement shall
                                         not relieve the Parties of any obligation accruing prior to such expiry or termination.
                                         Any expiry or termination of this Agreement shall be without prejudice to the rights
                                         of either Party against the other accrued or accruing under this Agreement prior to expiry
                                         or termination. The provisions of Sections 1, 2.6, 4.6, 4.8.6, 8.9, 9.1, 9.3, 9.4, 11,
                                         13.1, 13.2, 13.3, 13.8, 13.9, 15, 16.3, 16.4, 16.5, 16.7, 16.8, 16.11 and 16.12 and all
                                         other provisions contained in this Agreement that by their explicit terms or from which
                                         it is clear from the context survive expiry or termination of this Agreement, and any
                                         schedules contained in this Agreement to which reference is made in any surviving term,
                                         shall survive the expiry or termination of this Agreement. In the event of a termination
                                         of this Agreement with respect to only one of the Programs, and continuation of other
                                         Programs under this Agreement, the termination and consequences of termination provisions
                                         only apply to the terminated Program, and the Agreement will remain in full force and
                                         effect with respect to the continuing Programs.

 

		16.	GENERAL
                                         PROVISIONS.

 

		16.1	Assignment.
                                         This Agreement may not be assigned or otherwise transferred by either Party without
                                         the prior written consent of the other Party, which consent will not be unreasonably
                                         withheld, conditioned or delayed; provided, however, each of the Parties may,
                                         without such consent, but with notification, assign this Agreement and its rights and
                                         obligations hereunder to any of its Affiliates or in connection with the transfer or
                                         sale of all or substantially all of the portion of its business to which this Agreement
                                         relates or in the event of its merger or consolidation with a Third Party. Any permitted
                                         assignee will assume all obligations of its assignor under this Agreement in writing
                                         concurrent with the assignment. Any purported assignment in violation of this Section 16.1
                                         will be void. Except as otherwise provided herein, this Agreement shall be binding upon
                                         and inure to the benefit of the Parties and their successors and permitted assignors
                                         under this Section 16.1.

 

    	 	 	84

     

    

 

		16.2	Force
                                         Majeure. If the performance of any part of this Agreement by either Party, or any
                                         obligation under this Agreement, is prevented, restricted, interfered with or delayed
                                         by reason of any cause beyond the reasonable control of the Party liable to perform,
                                         unless conclusive evidence to the contrary is provided, the Party so affected shall,
                                         upon giving written notice to the other Party, be excused from such performance to the
                                         extent of such prevention, restriction, interference or delay, provided that the affected
                                         Party shall use commercially reasonable efforts to avoid or remove such causes of non-performance
                                         and shall continue performance with the utmost dispatch whenever such causes are removed.
                                         When such circumstances arise and persist for a period of at least sixty (60) calendar
                                         days, the Parties shall discuss what, if any, modification of the terms of this Agreement
                                         may be required in order to arrive at an equitable solution.

 

		16.3	Notices.
                                         All notices which are required or permitted hereunder shall be in writing and sufficient
                                         if delivered personally, sent by e-mail, sent by internationally-recognized overnight
                                         courier or sent by registered or certified mail, postage prepaid, return receipt requested,
                                         addressed as follows:

 

		(i)	if to CureVac, addressed to:

 

CureVac AG

 

		Attention:	CEO and
                                         General Counsel

 

with copy
to: General Counsel

 

		Address:	Friedrich-Miescher-Str.
                                         15, 72076 Tübingen, Germany

 

		Email:	[*****]

 

		(ii)	if to GSK, addressed to:

 

GlaxoSmithKline Biologicals S.A.

 

		Attention:	President
                                         of GSK Vaccines

 

with copy
to: Vaccines General Counsel

 

		Address:	Avenue Fleming
                                         20, 1300 Wavre, Belgium

 

		Email:	[*****]

 

or to such other address(es)
as the Party to whom notice is to be given may have furnished to the other Party in writing in accordance herewith. Any such notice
shall be deemed to have been given: (a) when delivered if personally delivered or sent by e-mail on a Business Day (or if
delivered or sent on a non-Business Day, then on the next Business Day); (b) on the Business Day after dispatch if sent by
nationally-recognized overnight courier; or (c) on the [*****] following the date of mailing, if sent by mail.

 

    	 	 	85

     

    

 

		16.4	Governing
                                         Law. This Agreement and all disputes arising hereunder, shall be exclusively governed
                                         by, and interpreted and enforced in accordance with Belgian law. The United Nations Convention
                                         of International Contracts on the Sale of Goods (the Vienna Convention) does not apply
                                         to this Agreement.

 

		16.5	Dispute Resolution.

 

		16.5.1	Unless
                                         otherwise set forth in this Agreement, in the event of any dispute arising out of or
                                         in connection with this Agreement, including any alleged breach under this Agreement
                                         or any dispute relating to the validity, performance, construction or interpretation
                                         of this Agreement, the Parties shall refer such dispute to the CEO (or its C-level delegate)
                                         of CureVac and the President of Vaccines (or another member of the global corporate execute
                                         team) of GSK. If the dispute has not been settled pursuant to the said rules within
                                         [*****] following the reference of the dispute to the senior management representatives
                                         of the Parties, either Party may submit the dispute to final and binding arbitration.

 

		16.5.2	Any
                                         dispute arising out of or in connection with this Agreement, including any issue relating
                                         to the validity, performance, construction or interpretation of this Agreement, which
                                         cannot be resolved amicably between the Parties after following the procedure set forth
                                         in Section 16.5.1, shall be submitted to and settled by arbitration in accordance
                                         with the arbitration rules of the World Intellectual Property Organization (the
                                         "WIPO") in effect on the date of the commencement of the arbitration
                                         proceedings. The existence, nature and details of any such dispute(s), and all communications
                                         between the Parties related thereto, shall be considered Confidential Information of
                                         the Parties and shall be treated in accordance with the terms of Section 11 above.
                                         Any Confidential Information may be disclosed by either Party to counsel, experts or
                                         other advisors on the arbitration under obligations of confidentiality. The decision
                                         of the arbitrators shall be final and binding upon the Parties. The location of arbitration
                                         will be Zurich, Switzerland. The arbitration will be heard and determined by three (3) arbitrators,
                                         with one arbitrator being appointed by each Party and the third arbitrator being appointed
                                         by the WIPO. The language of the arbitration proceeding will be English. Notwithstanding
                                         the provisions of this Section 16.5.2, each Party shall have the right to seek interim
                                         injunctive relief in any court of competent jurisdiction as such Party deems necessary
                                         to preserve its rights and to protect its interests.

 

		16.6	Severability.
                                         If any provision of this Agreement is determined by any court or administrative tribunal
                                         of competent jurisdiction to be invalid or unenforceable, the Parties shall negotiate
                                         in good faith a replacement provision that is commercially equivalent, to the maximum
                                         extent permitted by Applicable Law, to such invalid or unenforceable provision. The invalidity
                                         or unenforceability of any provision of this Agreement shall not affect the validity
                                         or enforceability of the other provisions of this Agreement. Nor shall the invalidity
                                         or unenforceability of any provision of this Agreement in one country or jurisdiction
                                         affect the validity or enforceability of such provision in any other country or jurisdiction
                                         in which such provision would otherwise be valid or enforceable.

 

    	 	 	86

     

    

 

		16.7	Entire
                                         Agreement and Amendments. This Agreement, together with all Exhibits attached hereto,
                                         constitutes the entire agreement between the Parties regarding the subject matter hereof,
                                         and supersedes all prior agreements, understandings and communications between the Parties,
                                         with respect to the subject matter hereof, including the Confidentiality Agreements.
                                         The foregoing may not be interpreted as a waiver of any remedies available to either
                                         Party as a result of any breach prior to the Effective Date, by the other Party of its
                                         obligations under the Confidentiality Agreements. No modification or amendment of this
                                         Agreement shall be binding upon the Parties unless in writing and executed by the duly
                                         authorized representative of each of the Parties; this shall also apply to any change
                                         of this Section 16.7.

 

		16.8	Waivers.
                                         The failure by either Party hereto to assert any of its rights hereunder, including
                                         the right to terminate this Agreement due to a breach or default by the other Party hereto,
                                         shall not be deemed to constitute a waiver by that Party of its right thereafter to enforce
                                         each and every provision of this Agreement in accordance with its terms.

 

		16.9	Counterparts.
                                         This Agreement may be executed in any number of counterparts, by original or electronic
                                         (including "pdf") signature, each of which shall be deemed an original but
                                         all of which together shall constitute one and the same instrument.

 

		16.10	Independent
                                         Contractors. The Parties are independent contractors and this Agreement shall not
                                         constitute or give rise to an employer-employee, agency, partnership or joint venture
                                         relationship among the Parties and each Party's performance hereunder is that of a separate,
                                         independent entity.

 

		16.11	Third
                                         Parties. None of the provisions of this Agreement shall be for the benefit of or
                                         enforceable by any Third Party which shall be a Third Party beneficiary to this Agreement.

 

		16.12	Costs.
                                         Except as is otherwise expressly set forth herein, each Party shall bear its own
                                         expenses in connection with the activities contemplated and performed hereunder.

 

		16.13	Insurance.
                                         Each Party will procure and maintain during the Term and for [*****] after
                                         termination or expiry of this Agreement, commercial general liability insurance from
                                         a reputed insurance company or insurer reasonably acceptable to the other Party with
                                         coverage limits of not less than EUR [*****] per occurrence for product liability and
                                         clinical trials liability. GSK will be permitted to satisfy any or all of its obligations
                                         under this Section 16.13 through a program of self-insurance. Such insurance policies
                                         will be primary and non-contributing with respect to any other similar insurance policies
                                         available to the other Party or its Affiliates. Any deductibles for such insurance will
                                         be assumed by insured Party. Each Party will provide the other Party with evidence of
                                         such insurance upon the other Party's request and prior to expiry of any one coverage.
                                         Any insurance will not be construed to create a limit of the insured Party's liability
                                         with respect to its indemnification obligations under this Agreement.

 

Signature page follows

 

    	 	 	87

     

    

 

In Witness Whereof, the Parties have
executed this Agreement to be effective as at the Closing Date.

 

	Signed on behalf
of	 
	GlaxoSmithKline Biologicals S.A.	 
	 	 
	 	 
	/s/ Roger Connor	 
	Roger Connor
 President of GSK
Vaccines	 
	Date Signed: July 15, 2020	 
	 	 
	 	 
	Signed on behalf of	 
	GlaxoSmithKline Biologicals S.A.	 
	 	 
	 	 
	/s/ Antoon Loomans	 
	Antoon Loomans
 GSK Vaccines General
Counsel and Head of Business Development	 
	Date Signed: July 15, 2020	 
	 	 
	 	 
	Signed on behalf of	 
	CureVac AG 	 
	 	 
	 	 
	/s/ Franz Haas	 
	Franz Haas 	 
	Acting Chief Executive Officer	 
	Date Signed: July 15, 2020	 
	 	 
	 	 
	Signed on behalf of	 
	CureVac AG 	 
	 	 
	 	 
	/s/ Pierre Kemula	 
	Pierre Kemula	 
	Chief Financial Officer	 
	Date Signed: July 15, 2020	 

 

    	 	 	88

     

    

 

Exhibit 1.27

 

List of Collaboration Pathogens and
Products

 

[*****]

 

    	 	 	89

     

    

 

Exhibit 1.41

 

CureVac Know How

 

[*****]

 

    	 	 	90

     

    

 

Exhibit 1.47

CureVac Patent Rights

 

[*****]

 

    	 	 	91

     

    

 

Exhibit 1.67 

Excluded Pathogens

 

[*****]

 

    	 	 	92

     

    

 

Exhibit 1.109

In-Licensing Agreements

 

[*****]

 

    	 	 	93

     

    

 

Exhibit 2.1.2 PART A

[*****] Terms

 

[*****]

 

    	 	 	94

     

    

 

Exhibit 2.1.2 PART B

Licensed LNP as
at the Effective Date

 

[*****]

 

    	 	 	95

     

    

 

Exhibit 2.1.4

[*****] Terms

 

[*****]

 

    	 	 	96

     

    

  

Exhibit 3.4

 

Clearance Template

 

1.
Vaccine Products

 

For vaccine Products, the below table must be used for the
clearance of Antigens. For each clearance, the primary vaccine Antigen must be reported in the first row, and any additional vaccine
Antigens (if any) must be reported in the subsequent rows.

 

	Organism

    naturally

    encoding

    Target 

    (e.g. virus,

    bacterium) 	Transcript

    Identifier:

    NCBI Refseq

    transcript ID	Gene

        Identifier:

         

        NCBI Refseq 

        Gene ID
	Gene
    Name 

    and Synonyms	DNA
    

    Sequence 

    coordinates or 

    locus	Protein 

        Amino Acid 

        Sequence:

         

        FASTA

        format

	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 

 

2. Antibody Products

 

For Antibody Products each clearance request shall (i) designate
the primary Antibody and any additional Antibody(ies) (if any) of such Antibody Product, and (ii) contain for each Antibody
the following information:

 

(A)            the
common name for such Antibody and any known synonyms, if applicable;

 

(C)            a
reference amino acid sequence for the baseline protein (i.e., the protein from which variants are established); and

 

(D)            a
description of the biological activity of interest of such Antibody. In case the Antibody binds to a non-human protein or a non-human
antigen the identity of the non-human protein or non-human antigen should be identified using the above table as for Vaccine Products.

 

    	 	 	97

     

    

 

Exhibit 3.5.2

Reserved Antigens

 

[*****]

 

 

    	 	 	98

     

    

 

Exhibit 4.1

First Product
R&D Plan

 

[*****]

 

    	 	 	99

     

    

 

 

Exhibit 4.2

Second Product
R&D Plan

 

[*****]

 

    	 	 	100

     

    

 

Exhibit 4.3.1(A)

[*****]

 

    	 	 	101

     

    

 

Product R&D Plan

 

[*****]

 

    	 	 	102

     

    

 

Exhibit 4.3.1(B)

[*****]

 

Product R&D Plan

 

[*****]

 

    	 	 	103

     

    

 

Exhibit 4.3.1(C)

[*****]

 

Product R&D Plan

 

[*****]

 

    	 	 	104

     

    

 

Exhibit 5.2.1

Key Supply Terms

 

Part (A)

(for commercial
supply)

 

[*****]

 

    	 	 	105

     

    

 

Part (B)

(for clinical
supply)

 

[*****]

 

    	 	 	106

     

    

 

Exhibit 6.2

Key Distribution Terms

 

[*****]

 

    	 	 	107

     

    

 

Exhibit 8.7.5

Third Party Offset

 

[*****]

 

    	 	 	108

     

    

 

Exhibit 11.6

Draft Press Release

 

 

 

PRESS RELEASE

 

For media and investors only

 

Issued: [DAY + MONTH] 2020, London UK; Tübingen,
Germany/ Boston, MA, USA

 

GSK and CureVac announce strategic mRNA technology collaboration

 

		·	Companies
                                         to collaborate on mRNA vaccine and monoclonal antibody research programmes in infectious
                                         diseases

		·	GSK
                                         to make equity investment of £130m (€150m) in CureVac, and an upfront payment
                                         of £104m (€120m)

 

 

 

GlaxoSmithKline plc (LSE/NYSE:
GSK) and CureVac today announced the signing of a strategic collaboration agreement for the research, development, manufacturing
and commercialisation of up to five mRNA-based vaccines and monoclonal antibodies (mAbs) targeting infectious disease pathogens.
The collaboration complements GSK’s existing mRNA capabilities with CureVac’s integrated mRNA platform.

 

mRNA (messenger RNA) technology
is a rapidly progressing, cutting-edge platform for the development of new vaccines and medicines, potentially expanding
the range of diseases which can be prevented or treated, while also promising to significantly speed up development and manufacturing.
mRNA enables protein synthesis in the human body, carrying the genetic code required for cells to manufacture and express proteins.
By using mRNA technology in vaccines and medicines, specific proteins, or antigens, can be produced by the body’s own cells,
enabling the human immune system to prevent or fight disease.

 

CureVac’s leadership in mRNA technology, along with its
mRNA manufacturing capability, complements GSKs existing scientific leadership in vaccines, including GSKs own self-amplifying
mRNA (SAM) vaccine technology platform, and further builds on GSKs growing capability in mAbs innovation, aligned to its R&D
focus on the science of immunology. Advancing mRNA-based vaccine and treatment technologies is also expected to play a role in
further improving response against future pandemics.

 

    	 	 	109

     

    

 

Roger Connor, President GSK Vaccines, said: “GSK’s
self-amplifying mRNA (SAM) vaccine technology has shown us the potential of mRNA technology to advance the science of vaccine
development, and CureVac’s experience complements our own expertise. Through the application of mRNA technology, including
SAM, we hope to be able to develop and scale up advanced vaccines and therapies to treat and prevent infectious diseases quicker
than ever before.”

 

Dr. Franz-Werner Haas, acting Chief Executive Officer
of CureVac, added: “We are delighted to partner with GSK. With this collaboration, we are gaining a world-class partner
whose expertise and global footprint will allow us to further develop and translate the value of our platform into potential products
for the world.”

 

The companies will combine their mRNA expertise on development
opportunities across a range of infectious disease pathogens, selected with the potential to best leverage the advantages of this
platform technology, while addressing significant unmet medical need and economic burden. CureVac’s existing COVID-19 mRNA
and rabies vaccines research programmes are not included in the collaboration announced today.

 

Under the terms of the deal, GSK will make an equity investment
in CureVac of £130m (€150m), representing an approximate 10%,stake, an upfront cash payment of £104m (€120m)
and a one-time reimbursable payment of £26m (€30m) for manufacturing capacity reservation, upon certification of CureVac’s
commercial scale manufacturing facility currently under construction in Germany.

 

CureVac will be eligible to receive development and regulatory
milestone payments of up to £277m (€320m), commercial milestone payments of up to £329m (€380m) and tiered
royalties on product sales.

 

GSK will fund R&D activities
at CureVac related to the development projects covered by the collaboration. CureVac will be responsible for the preclinical-
and clinical-development through Phase 1 trials of these projects, after which GSK will be responsible for further development
and commercialization. CureVac will be responsible for the GMP manufacturing of the product candidates including for commercialization,
and will retain commercialization rights for selected countries for all product candidates.

 

About GSK

 

GSK
is a science-led global healthcare company with a special purpose: to help people do more, feel better, live longer. For further
information please visit www.gsk.com/about-us.

 

About CureVac’s mRNA technology platform

 

CureVac’s mRNA technology
platform has shown potential in the development and production of mRNA based vaccines and therapeutics. CureVac’s
RNAoptimizer platform aims to optimize the properties of mRNA medicines based on its three core pillars: protein design, mRNA
optimization and mRNA delivery. The technology can be tailored to induce varying degrees of immune responses against specific
protein antigens of choice, potentially providing potent prophylactic vaccines for the prevention of infectious diseases, such
as Rabies, as well as immunotherapies for the treatment of cancer. The technology can also be adapted to avoid immune activation
for purposes of protein therapy and antibodies, thereby providing potential new therapeutic modalities for patients suffering
from a vast range of diseases.

 

About CureVac

 

CureVac is a leading clinical stage biotechnology company in
the field of messenger RNA (mRNA) technology with 20 years of expertise in developing and optimizing this versatile molecule for
medical purposes. The principle of CureVac's proprietary technology is the use of mRNA as a data carrier to instruct the human
body to produce its own proteins capable of fighting a wide range of diseases. The company applies its technologies for the development
of cancer therapies, antibody therapies, the treatment of rare diseases, and prophylactic vaccines. CureVac has received significant
investments, amongst others from dievini Hopp BioTech holding and the Bill & Melinda Gates Foundation. In June 2020,
the German Federal Ministry of Economics and Energy announced its commitment to invest 300 million Euros in CureVac through the
Kreditanstalt für Wiederaufbau (KfW). CureVac has also entered into collaborations with multinational corporations and organizations,
including Boehringer Ingelheim, Genmab, CRISPR Therapeutics, the Bill & Melinda Gates Foundation, CEPI and others. CureVac
is headquartered in Tübingen, Germany with sites in Frankfurt and Boston, USA.

 

    	 	 	110

     

    

 

 

 

For
more information, please visit www.curevac.com/ or follow
CureVac on Twitter at @CureVacAG.

 

	GSK media enquiries:	 	 	 
	 	Simon
    Steel	+44
    (0) 20 8047 5502	(London)
	 	Simon
    Moore	+44
    (0) 20 8047 5502	(London)
	 	Kristen
    Neese	+1
    804 217 8147	(Philadelphia)
	 	Kathleen
    Quinn	+1
    202 603 5003	(Washington
    DC)
	 	 	 	 
	Analyst/Investor enquiries:	Sarah
    Elton-Farr	+44
    (0) 20 8047 5194	(London)
	 	Danielle
    Smith	+44
    (0) 20 8047 0932	(London)
	 	James
    Dodwell	+44
    (0) 20 8047 2406	(London)
	 	Jeff
    McLaughlin	+1
    215 751 7002	(Philadelphia)
	
	Frannie
    DeFranco	+1
    215 751 4855	(Philadelphia)

	 	 	 	 

 

CureVac enquiries:

Media enquiries:

Thorsten Schüller, Corporate

Communications

CureVac AG, Tübingen,

Germany

T: +49 7071 9883-1577

thorsten.schueller@curevac.com

 

Investor enquiries:

Dr. Sarah Fakih, Vice President

Investor Relations

CureVac AG, Tübingen,

Germany

T: +49 7071 9883-1298

sarah.fakih@curevac.com

 

    	 	 	111

     

    

 

Cautionary statement regarding forward-looking statements

 

GSK cautions investors that any forward-looking statements
or projections made by GSK, including those made in this announcement, are subject to risks and uncertainties that may cause actual
results to differ materially from those projected. Such factors include, but are not limited to, those described under Item 3.D
 "Risk Factors" in the company's Annual Report on Form 20-F for 2019 and any impacts of the COVID-19 pandemic.

 

Registered in England & Wales:

No. 3888792

 

Registered Office:

980 Great West Road

Brentford, Middlesex

TW8 9GS

 

    	 	 	112

     

    

 

Exhibit 12.5

Data Protection
Terms

 

The Parties agree that the processing
of Personal Information under or in connection with this Agreement shall be in accordance with this Exhibit, including all Annexes.

 

		1.	Definitions

 

In this Exhibit:

 

"CureVac" means CureVac as defined
in the Agreement and its Affiliates.

 

"Data Protection Authority" means
each person having regulatory or supervisory authority over GSK or CureVac in the area of protection of Personal Information;

 

"Data Protection Laws" means: (a) the
GDPR; and (b) all other laws concerning the processing of Personal Information;

 

"GDPR" means the General Data Protection
Regulation (EU) 2016/679 on the protection of natural persons with regard to the processing of personal data and on the free movement
of such data;

 

"GSK" means GSK as defined in the
Agreement and its Affiliates.

 

"Party" or "Parties"
means CureVac and GSK as defined in this Exhibit.

 

"Personal Information" means information
relating to an identified or identifiable individual;

 

"Personal Information Breach" means
any actual breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorised disclosure of,
or access to, Personal Information transmitted, stored or otherwise processed; and

 

"Transferred Personal Information"
means any Personal Information that is transferred pursuant to this Agreement (i) that is transferred to CureVac by GSK operating
in the European Union; or (ii) that is transferred to GSK by CureVac operating in the European Union.

 

		2.	Data
                                         Processing

 

		a.	Status of each Party under Data Protection Laws

 

GSK and CureVac acknowledge that
the status of each Party is a question of fact determined under Data Protection Laws. Without limiting the foregoing, GSK and
CureVac each understand that, in relation to the Transferred Personal Information, GSK and CureVac independently determine how
and why Transferred Personal Information is processed (and accordingly each acts as a controller) and all processing of Transferred
Personal Information shall be undertaken in accordance with Annex 1 (Controller Terms) to this Exhibit 12.5.

 

    	 	 	113

     

    

 

		b.	Description of processing

 

The Parties will document the
following information in writing (including in electronic form)

 

	Duration,
    nature and purpose of processing
	Duration
    of processing	[to
    be documented]
	Nature
    and purpose of processing 	[to be documented]
	Personal
    Information
	Individuals
    may include any of:	[to be documented]
	Categories
    of Personal Information may include any of:	[to
    be documented]
	Special
    categories of Personal Information may include any of: 	[to
    be documented]

 

		3.	Termination
                                         or expiry

 

On termination or expiry of
this Agreement, this Exhibit shall survive and continue in full effect for as long as Transferred Personal Information is
processed by the other Party.

 

		4.	Further
                                         Assurance

 

		a.	If any Data Protection Authority
                                         adopts revised standard contractual clauses for the matters addressed in this Exhibit (including
                                         any Annex) and one Party notifies the other Party that it wishes to incorporate any element
                                         of those standard contractual clauses into this Exhibit, the other Party shall agree
                                         to changes (limited only to the extent of the requirement under such revised standard
                                         contractual clauses) as reasonably requested by such Party.

 

		b.	Both Parties agree that, upon the
                                         request of any Party, they shall execute any specific form of data transfer agreement
                                         as reasonably requested by such Party to enable the other Party to comply with applicable
                                         Data Protection Laws or the requirements of any Data Protection Authority.

 

    	 	 	114

     

    

 

ANNEX 1 TO EXHIBIT 12.5 - CONTROLLER
TERMS

 

		1.	General
                                         terms

 

		a.	Subject to the remaining provisions of this Annex 1, in relation
                                         to the processing of all Transferred Personal Information, each Party:

 

		i.	shall comply with its obligations under Data Protection Laws;
                                         and

 

		ii.	acknowledges that, except as expressly stated otherwise under
                                         this Annex 1 or otherwise in the Agreement, it is (as between the Parties) solely responsible
                                         for meeting all of its obligations under Data Protection Law.

 

		2.	Legal
                                         basis and privacy notices

 

		a.	Unless expressly agreed otherwise in writing, each Party shall
                                         be responsible for the lawfulness of the collection and disclosure to the other Party
                                         of the Transferred Personal Information, in particular, for obtaining any consent required
                                         by law from all individuals to whom the Transferred Personal Information relates in respect
                                         of all processing undertaken by that Party (including any disclosure to the other Party).

 

		b.	If the transferring Party obtains consent for the processing
                                         of Transferred Personal Information, such consent shall cover the transfer and the further
                                         processing of Transferred Personal Information by the other Party for the purposes identified
                                         in this Exhibit.

 

		c.	Unless expressly agreed otherwise in writing, each Party shall
                                         be responsible for providing privacy notices to all individuals to whom the Transferred
                                         Personal Information relates in respect of all processing undertaken by that Party. If
                                         either Party expressly agrees in writing to provide a privacy notice on behalf of the
                                         other Party, it shall ensure that the relevant privacy notices effectively address all
                                         information required to be provided under Data Protection Laws and take account of any
                                         reasonable proposals by the other Party.

 

		3.	Communications

 

		a.	If either Party receives any communication from a Data Protection
                                         Authority which relates directly or indirectly to:

 

		i.	the other Party's processing of Transferred Personal Information;
                                         or

 

		ii.	a potential failure to comply with Data Protection Laws in relation
                                         to the processing of Transferred Personal Information,

 

the receiving Party, shall, to
the extent permitted by Applicable Laws, promptly forward the communication to the other Party and provide the other Party with
reasonable cooperation and assistance in relation to the same.

 

    	 	 	115

     

    

 

		4.	Handling
                                         of transferred personal information

 

		a.	Each Party shall ensure that Transferred Personal Information
                                         supplied to it by or on behalf of the other Party:

 

		i.	is only used for the purposes for which it was collected;

 

		ii.	is not disclosed to any of its staff unless those persons that
                                         have committed themselves to confidentiality and have undergone appropriate training
                                         in data protection;

 

		iii.	is transferred to another Party or Third Parties only: in accordance
                                         with Applicable Laws; and

 

		iv.	is kept securely, including by application of the measures set
                                         out in Annex 2 (Information Security) to this Exhibit 12.5.

 

		5.	Rights
                                         of individuals

 

If an individual makes a written
request to either Party to exercise any of their rights under Data Protection Laws in respect of Transferred Personal Information,
the receiving Party shall respond to that request in accordance with Data Protection Laws. To the extent the request concerns
processing of Transferred Personal Information undertaken by the other Party, the receiving Party shall: (i) promptly forward
the request to the other Party; and (ii) cooperate and provide reasonable assistance in relation to that request to enable
the other Party to respond in accordance with Data Protection Laws.

 

		6.	Personal information breach

 

		a.	Without limiting any provision of Annex 2 (Information Security)
                                         to this Exhibit 12.5, if a Party becomes aware of a Personal Information Breach
                                         affecting Transferred Personal Information supplied to it by the other Party, the Party
                                         shall:

 

		i.	notify the other Party without undue delay, and provide the other
                                         Party with a reasonable description of the Personal Information Breach without undue
                                         delay as such information becomes available; and

 

not publish any communication concerning the Personal
Information Breach without first consulting the other Party, save that it may disclose a breach to the extent required by Applicable
Laws (e.g. to Data Protection Authority or to individual(s)).

 

ANNEX 2 TO EXHIBIT 12.5 –
INFORMATION SECURITY

 

[to be completed as soon as reasonably practicable
after the Closing Date]

 

    	 	 	116

     

    

 

Exhibit 13.4

Disclosure Letter

 

[*****]

 

    	 	 	117

     

    

 

Exhibit 15.4

Post-Termination Royalties

 

Where this Exhibit 15.4 applies,
CureVac shall pay GSK, on a Product-by-Product and country-by-country basis, the royalty payments set forth below for Net Sales
by CureVac, its Affiliates, or Sublicensees of such Product, depending in what stage of development that Product finds itself
at the effective date of termination. With respect to any payments to be made by CureVac to GSK, the definition of “Net
Sales” in Section 1.132 and the provisions of Sections 8.7.2, 8.7.3, 8.7.8, and 8.8 to 8.11 shall apply mutatis
mutandis.

 

	Stage
    of Product Development at Termination	Rate
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]
	[*****]	[*****]

 

    	 	 	118

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