Document:

Exhibit 10.30

Exhibit 10.30

Portions of this exhibit have been omitted and filed separately with the Secretary of the
Securities and Exchange Commission (the “Commission”) pursuant to an application for confidential
treatment filed with the Commission pursuant to Rule 24b-2 under the Securities Exchange Act of
1934, as amended. Such portions are marked as indicated below.

LICENSE AND COLLABORATION AGREEMENT

THIS LICENSE AND COLLABORATION AGREEMENT (the “Agreement”) is made as of the 28th day
of October, 2010 (the “Effective Date”) by and between Amicus Therapeutics, Inc., a
Delaware corporation having a place of business at 6 Cedar Brook Drive, Cranbury, New Jersey, 08512
(“Amicus”) and Glaxo Group Limited, a company organized under the laws of England and Wales
with its registered office address at Glaxo Wellcome House, Berkeley Avenue, Greenford, Middlesex,
UB6 0NN, England (“GSK”). Amicus and GSK are each referred to herein by name or as a
“Party” or, collectively, as the “Parties”.

RECITALS

WHEREAS, Amicus is developing Compound (as defined below), and owns or controls certain
regulatory filings and intellectual property related thereto;

WHEREAS, GSK desires to collaborate with Amicus on the Development of Compound and to obtain
exclusive rights to Commercialize Products in the Field in the Territory (each as hereinafter
defined) as set forth in this Agreement;

WHEREAS, Amicus desires to collaborate with GSK on the Development of the Compound and
Products in the Field in the Territory as set forth in this Agreement; and

WHEREAS, Amicus further desires that GSK exclusively Commercialize Compound and Product(s) in
the Field in the Territory, as set forth in this Agreement.

WHEREAS, contemporaneously with the execution of this Agreement, the Parties have executed an
Equity Agreement under which GSK shall purchase common stock of Amicus, as set forth in such Equity
Agreement.

NOW, THEREFORE, in consideration of the mutual agreements contained herein and other good and
valuable consideration, the sufficiency of which is hereby acknowledged, the Parties agree as
follows:

I. DEFINITIONS

Unless specifically set forth to the contrary herein, the following terms, whether used in the
singular or plural, shall have the respective meanings set forth below:

1.1 “011 Phase III Clinical Study” means the Phase III Clinical Study sponsored by
Amicus and identified by the ClinicalTrials.gov Identifier NCT00925301.

 

	 	 	 
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1.2 “012 Phase III Clinical Study” means the Phase III Clinical Study sponsored by
Amicus and identified by the ClinicalTrials.gov Identifier NCT01218659.

1.3 “AAA” has the meaning ascribed to that term in Section 16.2.2.

1.4 “Abandoning Party” has the meaning ascribed to that term in Section 7.4.

1.5 “Acceptance of Filing” has the meaning ascribed to that term in Section 3.3.2.

1.6 “Act” means the United States Food, Drug and Cosmetic Act of 1938, as amended from
time to time, and its implementing regulations.

1.7 “Actual Payment Report” has the meaning ascribed to that term in Section 3.8.

1.8 “Affected Area” has the meaning ascribed to that term in Section 14.2.

1.9 “Affiliate” means, with respect to any specified Person, at any time, a Person
that, directly or indirectly, through one or more intermediaries, controls, or is controlled by, or
is under common control with, such specified Person at such time. For purposes of this definition
and Section 1.27, “control,” when used with respect to any specified Person, shall mean (a) the
direct or indirect ownership of more than fifty percent (50%) (or such lesser percentage which is
the maximum allowed to be owned by a foreign corporation in a particular jurisdiction) of the total
voting power of securities or other evidences of ownership interest in such Person or (b) the power
to direct or cause the direction of the management and policies of such Person, directly or
indirectly, whether through ownership of voting securities, by contract or otherwise; and the terms
“controlling” and “controlled” have meanings correlative to the foregoing.

1.10 “Agreement” has the meaning ascribed to that term in the first paragraph of this
Agreement.

1.11 “Alliance Manager” has the meaning ascribed to that term in Section 4.3.

1.12 “Amicus” has the meaning ascribed to that term in the first paragraph of this
Agreement.

1.13 “Amicus Aggregate Development Cost Cap” means ******, which amount is equal to
the aggregate of Amicus’ share of the Development Costs specified in the Initial Development Plan
for each of the calendar years beginning with calendar year 2011 up to and including calendar year
2015.

 

	 	 	 
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1.14 “Amicus Annual Cost Cap” means: (a) for calendar year 2010, ****** (which amount
represents the aggregate of one hundred percent (100%) of Amicus’s Development Costs for calendar
year 2010 as set forth in the Initial Development Plan ******; (b) for calendar year 2011, ******
(which amount is equal to fifty percent (50%) of the total Development Costs for calendar year 2011
as set forth in the Initial Development Plan); (c) for calendar years 2012, 2013, 2014 and 2015,
respectively, ******, ******, ****** and ******, respectively (which amount is equal to twenty-five
percent (25%) of the total Development Costs for the applicable calendar year, as set forth in the
Initial Development Plan); and (d) for calendar year 2016 and each calendar year thereafter, if
applicable, ****** (which amount is equal to twenty-five percent (25%) of the total Development
Costs for calendar year 2015 as set forth in the Initial Development Plan); in each case, as
adjusted in accordance with Section 5.1.5(d) below.

1.15 “Amicus Auditor” has the meaning ascribed to that term in Section 3.9.

1.16 “Amicus House Marks” has the meaning ascribed to that term in Section 6.3.

1.17 “Amicus Indemnitees” has the meaning ascribed to that term in Section 15.1.

1.18 “Amicus Intellectual Property” means Amicus Patents, Amicus Know-How, and any and
all copyrights pertaining to the Compound and Product for the Territory that are Controlled by
Amicus during the Term.

1.19 “Amicus Know-How” means all confidential Know-How which (i) Amicus or its
Affiliates Control as of the Effective Date, or (ii) subject to Section 12.3 and Section
14.3.10(b), is Controlled by Amicus or its Affiliates after the Effective Date during the Term of
this Agreement and developed or acquired by or on behalf of Amicus or its Affiliates outside the
Program and without the use of Program Improvements; in each case, that is reasonably necessary or
actually used to Develop, Manufacture or Commercialize Products in the Field for the Territory.
Notwithstanding the foregoing, Amicus Know-How shall not include: (a) information which is or
becomes part of the public domain through no breach of this Agreement by GSK; (b) information which
GSK can demonstrate by its written records was known by GSK or its Affiliates prior to the
disclosure thereof by Amicus or its Affiliate; (c) information which is independently developed by
GSK or its Affiliates outside of the Program, so long as such development does not result from use
of Amicus Know-How, and such independent development can be demonstrated by written records; and
(d) information that becomes available to GSK or its Affiliates on a non-confidential basis,
whether directly or indirectly, from a Third Party who is not bound by a confidentiality obligation
to Amicus or its Affiliates.

1.20 “Amicus Patents” means: (i) all Patents Controlled by Amicus or its Affiliates as
of the Effective Date which are reasonably necessary, or actually practiced, to Develop,
Manufacture or Commercialize the Compound or Product for use as a therapeutic agent, including
without limitation the Patents set forth on Schedule 7.2.1 hereto; and (ii) subject to
Section 12.3, all Patents Controlled by Amicus or its Affiliates in the Territory during the Term
of this Agreement that are reasonably necessary, or actually practiced to Develop, Manufacture or Commercialize the Compound or
Product in the Territory or to the extent claiming inventions within the Amicus Know-How Controlled
by Amicus or its Affiliates as of the Effective Date.

 

	 	 	 
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1.21 “Amicus Proprietary Chaperone Technology” means Amicus’ proprietary technology
used in connection with a small molecule drug that selectively binds to the active site of a target
enzyme resulting in enzyme stabilization, improved trafficking, less aggregation, and/or increased
activity of the enzyme, including all associated Patents and Know-How Controlled by Amicus in the
Territory.

1.22 “Amicus Prosecuted Patents” has the meaning ascribed to that term in Section
7.2.2.

1.23 “Amicus Terminated Product Trademark” has the meaning ascribed to that term in
Section 14.2.2.

1.24 “Amicus Trademark” has the meaning ascribed to that term in Section 2.4.

1.25 “Background License Agreements” means the agreements, letters, and other
documents listed in Schedule 1.25.

1.26 “Calendar Year Net Sales” means the total Net Sales of all Products sold in the
specified country or countries of the Territory in a particular calendar year.

1.27 “Change of Control” means either: (a) a sale of all or substantially all of the
assets of a Party in one or a series of integrated transactions not in the ordinary course of
business to a Third Party; (b) the acquisition of control (as defined in Section 1.9) of a Party by
a Third Party by means of any transaction or series of related transactions to which such Party is
a party (including, any stock acquisition, merger or consolidation); or (c) the acquisition by a
Major Pharmaceutical Company of ****** percent ****** or more of the total issued capital stock of
a Party and the right to direct or cause the direction of the management and polices of such Party,
directly or indirectly, whether through ownership of voting securities, by contract, or otherwise;
******. For clarity, a Change of Control would not include any transaction or series of
transactions in which the holders of voting securities of a Party outstanding immediately prior to
such transaction continue to retain (either by such voting securities remaining outstanding or by
such voting securities being converted into voting securities of the surviving entity), as a result
of shares in the Party held by such holders prior to such transaction, fifty percent (50%) or more
of the total voting power represented by the voting securities of the acquiring entity outstanding
immediately after such transaction or series of transactions.

1.28 “Claim” means any action, appeal, petition, plea, charge, complaint, suit,
demand, litigation, arbitration, mediation, hearing, inquiry, investigation, or similar event,
occurrence, or proceeding.

1.29 “Co-Development Opt-Out” has the meaning ascribed to that term in Section 13.6.

 

	 	 	 
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1.30 “Co-Development Opt-Out Notice” has the meaning ascribed to that term in Section
13.6.

1.31 “Combination Therapy” means the use of the Compound or Product in combination
with one or more other active ingredients. Drug delivery vehicles, adjuvants, and excipients shall
not be deemed to be “active ingredients”, and their presence shall not be deemed to create a
Combination Therapy. Combination Therapy includes, but is not limited to: (i) adjuvant use of the
Compound or Product with an ERT; (ii) co-administration of the Compound or Product with an ERT,
regardless of the order or form in which the co-administration is performed; or (iii) formulation
of the Compound or Product and an ERT.

1.32 “Commercialize” or “Commercialization” means activities directed to
obtaining pricing and reimbursement approvals for, marketing, advertising, promoting, detailing,
distributing, importing, or selling a Product in the Field in the Territory, and education,
planning, product support and medical efforts related to a Product in the Field in the Territory.

1.33 “Commercially Reasonable Efforts” means that level of efforts and resources
required to carry out a particular task or obligation in an active and sustained manner, consistent
with the usual practice followed by a Party in the exercise of reasonable business discretion
relating to other pharmaceutical products owned by it, or to which it has exclusive rights, which
are of similar market potential and at a similar stage in development or product life, taking into
account issues of patent coverage, safety and efficacy, scientific and product profile, the
regulatory structure involved, and the strategic value and profitability of the product (including,
without limitation, pricing and reimbursement status achieved). A Party may not consider payments
required to be made hereunder when determining its Commercially Reasonable Efforts with regards to
the Product or its obligations under this Agreement.

1.34 “Compound” means migalastat, as described in Schedule 1.34, and includes
(i) any compounds with alternative names but with the same chemical structure as Migalastat, and
(ii) any metabolites, prodrugs, isomers and enantiomers (excluding the isomer/enantiomer
“1-deoxynorjirimycin” or “(2R,3R,4R,5S)-2-(hydroxymethyl)piperidine-3,4,5-triol”), esters, salts,
hydrates, solvates, and polymorphs, whether alone or in a mixture.3

1.35 “Confidential Information” means in the case of one Party (the “disclosing
Party”), that Party’s or its Affiliate’s know-how and financial or other confidential or
proprietary information that is Controlled by that Party or its Affiliates and made available (in
whatever form and whether prior to, on, or after the Effective Date) to the other Party (the
“receiving Party”) in connection with this Agreement or generated pursuant to this
Agreement. Notwithstanding the foregoing, Confidential Information shall not include:

(a) information which is or becomes part of the public domain through no breach of this
Agreement by the receiving Party or any of its Affiliates;

(b) information which the receiving Party can demonstrate by its written records was known by
the receiving Party or any of its Affiliates prior to the disclosure thereof by the disclosing
Party;

 

	 	 	 
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(c) information which is independently developed by the receiving Party or any of its
Affiliates, so long as such development does not result from use of Confidential Information of the
disclosing Party, and such independent development can be demonstrated by written records of the
receiving Party or any of its Affiliates; and

(d) information that becomes available to the receiving Party or its Affiliates on a
non-confidential basis, whether directly or indirectly, from a Third Party who is not bound by a
duty of confidentiality to the disclosing Party.

1.36 “Confidentiality Agreement” means the Confidentiality Agreement between Amicus
and GSK dated as of ****** and amended as of ******.

1.37 “Control” or “Controlled” means, with respect to any compound, material,
information, or intellectual property right, that a Party owns or has a license to use,
commercialize, manufacture, market, distribute or sell, and has the ability to grant to the other
Party a license or a sublicense (as applicable under this Agreement) to such compound, material,
information, or intellectual property right as provided for herein without violating (i) the terms
of any agreement or other arrangements with any Third Party existing at the time such Party would
be first required hereunder to grant the other Party such license or sublicense or (ii) any Law
applicable to such license or sublicense.

1.38 “Cooperating Party” has the meaning ascribed to that term in Section 11.2.2.

1.39 “Develop” or “Development” means all activities related to (i)
non-clinical and clinical research and drug development (including preclinical testing and clinical
trials) related to obtaining, maintaining and/or expanding Marketing Approval (excluding pricing
and reimbursement approvals), (ii) Phase IV Clinical Trials and preclinical studies conducted after
Marketing Approval (such as carcinogenicity studies, preclinical studies to establish pediatric
dosing and similar activities) that are required or requested by a Regulatory Authority to be
conducted after Marketing Approval, as a condition of obtaining such Marketing Approval; (iii)
manufacturing activities for the purposes of producing clinical supplies (or materials used in
preclinical testing or research), as well as test method development and stability testing and
process development and validation for a product prior to the first Marketing Approval of such
Product (including manufacturing batches for validation and registration purposes), formulation
development, delivery system development, quality assurance and quality control development for
clinical supplies, and (iv) statistical analysis, regulatory affairs, and activities directed
towards obtaining Marketing Approval (excluding regulatory activities directed to obtaining pricing
and reimbursement approvals) and clinical study regulatory activities (excluding regulatory
activities directed to pricing and reimbursement approvals); in each case, with respect to the
Compound and/or Products in the Field for the Territory.

 

	 	 	 
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1.40 “Development Costs” has the meaning ascribed to that term in Schedule
5.1.5.

1.41 “Development Plan” has the meaning ascribed to that term in Section 5.1.1(b) and
includes the Initial Development Plan and any amendments thereto in accordance with Section
5.1.1(b).

1.42 “Discriminatory Conduct has the meaning ascribed to that term in Section
6.1.1(b).

1.43 “Dispute” has the meaning ascribed to that term in Section 16.2.1.

1.44 “Effective Date” has the meaning ascribed to that term in the first paragraph of
this Agreement.

1.45 “Election Notice” has the meaning ascribed to that term in Section 12.2.1.

1.46 “EMA” means the European Medicines Agency of the European Union or any successor
entity thereto having similar responsibilities with respect to pharmaceutical products, such as the
Products.

1.47 “Equity Agreement” means the stock purchase agreement attached hereto as
Exhibit A.

1.48 “ERT” means enzyme replacement therapy.

1.49 “Escalation Notice” has the meaning ascribed to that term in Section 4.1.5(a).

1.50 “Estimated Payment Report” has the meaning ascribed to that term in Section 3.8.

1.51 “Excluded Item” has the meaning ascribed to that term in Section 11.1.2.

1.52 “FDA” means the United States Food and Drug Administration or any successor
entity thereto having similar responsibilities with respect to pharmaceutical products, such as the
Products.

1.53 “Field” means any and all uses or purposes, including, without limitation, the
treatment, palliation, and/or prevention and diagnosis of any human or animal disease, disorder or
condition, including use of the Product in combination with ERT.

1.54 “First Opt-Out Quarter” has the meaning ascribed to that term in Section 13.6.

1.55 “Force Majeure Event” has the meaning ascribed to that term in Section 16.11.

1.56 “FTE” has the meaning ascribed to that term in Schedule 5.1.5.

1.57 “FTE Costs” has the meaning ascribed to that term in Schedule 5.1.5.

 

	 	 	 
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1.58 “FTE Rate” has the meaning ascribed to that term in Schedule 5.1.5

1.59 “Generic Equivalent” means, as to any specific Product at issue which has
received Regulatory Approval in the country at issue, a non-innovator product that: (i) has
obtained Regulatory Approval by means of an abbreviated NDA filed pursuant to Section 505(j) of the
Act which refers to the specific Product at issue as the Reference Listed Drug (as defined in 21
C.F.R. 314.3(b) (as amended)) in the United States, or an application similar to an abbreviated NDA
filed pursuant to Section 505(j) of the Act for any jurisdiction outside the United States, in each
case, without the requirement of any human clinical efficacy trials; (ii) is bioequivalent to the
specific Product; and (iii) is legally marketed in such country by an entity other than GSK, its
Affiliates or Sublicensees.

1.60 “Current Good Manufacturing Practices” or “cGMP” means the standards
relating to manufacturing practices for fine chemicals, intermediates, bulk products or finished
pharmaceutical products: (i) detailed in the U.S. Current Good Manufacturing Practices, 21 C.F.R.
Parts 210 and 211 and The Rules Governing Medicinal Products in the European Community, Volume IV
Good Manufacturing Practice for Medicinal Products, as each may be amended from time to time;
and/or (ii) outside the United States and European Union, promulgated by any Regulatory Authority
having jurisdiction over the manufacture of fine chemicals, intermediates, bulk products or
finished pharmaceutical products; and subject to any arrangements, additions or clarifications
agreed to from time to time by the Parties in a quality agreement.

1.61 “GSK” has the meaning ascribed to that term in the first paragraph of this
Agreement.

1.62 “GSK Auditor” has the meaning ascribed to that term in Section 3.10.

1.63 “GSK Background IP” means all Patents and Know-How which (i) GSK or its
Affiliates Controls as of the Effective Date, or (ii) is developed by or on behalf of GSK or its
Affiliates or acquired by GSK or its Affiliates, in each case, after the Effective Date outside the
Program and without the use of Program Improvements.

1.64 “GSK House Marks” has the meaning ascribed to that term in Section 6.3.

1.65 “GSK Indemnitees” has the meaning ascribed to that term in Section 15.2.

1.66 “GSK Supplied Material” has the meaning ascribed to that term in Section 14.3.6.

1.67 “GSK Terminated Product Trademark” has the meaning ascribed to that term in
Section 14.3.9(a).

1.68 “GSK Trademark” has the meaning ascribed to that term in Section 2.4.

1.69 “Indemnitee” has the meaning ascribed to that term in Section 15.3.

 

	 	 	 
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1.70 “Indemnitor” has the meaning ascribed to that term in Section 15.3.

1.71 “Initial Development Plan” has the meaning ascribed to that term in Section
5.1.1(a).

1.72 “Initial Press Release” has the meaning ascribed to that term in Section 11.2.1.

1.73 “IND” means any Investigational New Drug Application (including any amendments
thereto) filed with the FDA pursuant to 21 C.F.R. §321 before the commencement of clinical trials
of a Product, or any comparable filings with any Regulatory Authority in any other jurisdiction.

1.74 “Joint Program Patent” has the meaning ascribed to that term in Section 7.3.3.

1.75 “Joint Steering Committee” or “JSC” has the meaning ascribed to that term
in Section 4.1.1.

1.76 “Know-How” means any proprietary technology, technical, scientific and medical
information, methods of use, processes, techniques, ideas, inventions (excluding any inventions
disclosed in any Patent or published Patent application), improvements, modifications, know-how,
practices, trade secrets, chemistry, manufacturing and control data, quality control information
and procedures, and pharmacological, toxicological and preclinical and clinical test data and
results and regulatory information (including all documentation and correspondence submitted or
required to be submitted to a Regulatory Authority, or received from a Regulatory Authority, in
connection with a Marketing Approval in any country), all of the foregoing pertaining to the
Development, Manufacture and/or Commercialization of the Compound and/or Products within the Field
for the Territory, but excluding Patents associated with any of the foregoing.

1.77 “Launch” means, on a country-by-country and Product-by-Product basis, the date of
the first ****** (or one of its Affiliates or permitted Sublicensees) in such country; provided
that the Launch of a Product in a country for a particular indication shall be deemed to occur upon
the first commercial sale of a Product with labeling for such indication. Sales of a Product for
registration samples, compassionate use sales, named patient use and the like, and inter-company
transfers to Affiliates of GSK for resale will not constitute a Launch.

1.78 “Law” means all laws, statutes, regulations (including securities laws,
regulations or guidances), or governmental, regulatory, or judicial orders or judgments in effect
from time to time.

1.79 “Liabilities” has the meaning ascribed to that term in Section 15.1.

1.80 “License” has the meaning ascribed to that term in Section 2.1.

1.81 “Licensed Technology” means all (i) Amicus Intellectual Property, (ii) Program
Improvements developed solely or jointly by Amicus or its Affiliates (subject to Section 12.3)
during the Term, and (iii) Program Patents in the Territory owned solely or jointly by Amicus or
its Affiliates (subject to Section 12.3). For the avoidance of doubt, the “Licensed Technology”
shall include Amicus Proprietary Chaperone Technology, but solely to the extent such Amicus
Proprietary Chaperone Technology is necessary for the Development, Manufacture or Commercialization
of Product for the Territory.

 

	 	 	 
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1.82 “MAA” means (a) a Marketing Authorization Application filed with the EMA, seeking
Regulatory Approval of a Product and all variations thereto filed with the EMA; (b) an NDA
submitted to the FDA in the United States; or (c) a corresponding application for Regulatory
Approval that has been submitted to a Regulatory Authority in any other jurisdiction in the
Territory.

1.83 “Major EU Country” means ******, ******, ******, ****** or ******.

1.84 “Major Market” means ******, each ******and ******.

1.85 “Major Pharmaceutical Company” shall mean a company that is engaged in the
business of selling pharmaceutical products, whose worldwide revenues from such sales (on a
consolidated basis in the last full fiscal year prior to the closing of any Change of Control) was
in excess of ****** or a company engaged in business in the life sciences field that is of an
equivalent size. Any Affiliate of such company shall be deemed to be a Major Pharmaceutical
Company.

1.86 “Manufacture” or “Manufacturing” means all the activities required for
the production and supply of Compound and/or Product, including without limitation, purchasing raw
materials, quality control and assurance, filing, finishing, labeling, packaging, qualified person
release, holding, shipping and storage and the tests and analyses conducted in connection
therewith.

1.87 “Manufacturing Costs” has the meaning ascribed to that term in Schedule
5.1.5.

1.88 “Marketing Approval” means all approvals, licenses, registrations or
authorizations of the Regulatory Authority in a country, necessary for the manufacture, use,
storage, import, marketing and sale of a Product in such country. For countries where governmental
or other similar approval of pricing and/or reimbursement is required for marketing in such
country, Marketing Approval shall not be deemed to occur until ****** is obtained. For clarity,
however, it is understood that, as of the Effective Date, Marketing Approval in the United States
shall be deemed to occur upon ******. In the event that any such ****** of any governmental agency
in the United States is required at the time that the Parties seek Marketing Approval for a Product
in the United States, then Marketing Approval in the United States shall not be deemed to occur
until ******. Notwithstanding the foregoing, Marketing Approval shall be deemed to have occurred
for a particular indication for a Product in such jurisdiction upon the Launch of such Product in
such jurisdiction with labeling for such indication.

1.89 “Marketing Plan” means the strategic plan for the marketing, promotion and other
Commercialization of Product in the Territory, including without limitation the Marketing Strategy,
which will include the projected market penetration for each Product in the Major Markets, in
reasonable scope and detail, as prepared by GSK in accordance with GSK’s normal and customary
format and process for such plans, and as amended from time to time by GSK during the Term.

 

	 	 	 
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1.90 “Marketing Strategy” means the marketing strategy for Product in the Territory
determined by GSK and reviewed by the Joint Steering Committee, including product positioning,
pricing, reimbursement, education programs, medical affairs, publications, sales messages,
marketing, distribution, and Phase IV Clinical Studies, as such strategy may be amended by GSK from
time to time during the Term.

1.91 “NDA” means a New Drug Application as defined in Title 21 of the U.S. Code of
Federal Regulations, Section 314.50, et seq., which is filed with the FDA in order to gain the
FDA’s approval to commercialize a pharmaceutical product in the United States for the indications
set forth in the New Drug Application.

1.92 “Negotiation Period” has the meaning ascribed to that term in Section 12.2.2.

1.93 “Net Sales” means the amount of gross sales of all Products sold by GSK, its
Affiliates or Sublicensees (each, a “Selling Party”) to Third Parties less the following
amounts actually and reasonably incurred, allowed, paid or accrued as reported by the Selling Party
in its financial statements prepared in accordance with the International Financial Reporting
Standards (“IFRS”), applied on a consistent basis:

(a) quantity, trade and cash discounts actually allowed or given;

(b) discounts, replacements, credits or refunds actually allowed for the return of rejected,
outdated, damaged or returned Products;

(c) rebates, chargebacks and price adjustments actually allowed or given;

(d) sales or similar taxes (including duties or other similar governmental charges or
assessments) levied, or otherwise imposed on the sale of Products to the customer (including VAT or
other governmental charges measured by the billing amount, when included in such billing);

(e) charges for freight, handling, postage, transportation, insurance and other shipping
charges; and

(f) a reasonable provision for uncollectible accounts not to exceed ****** percent ****** of
gross amounts invoiced.

provided, however, that:

(i) sales or transfers of Products between or among GSK, any permitted Sublicensee or any
Affiliate of GSK for resale shall be excluded from Net Sales calculations;
provided, however, that the subsequent resale to a Third Party shall be
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(ii) If a Product is sold or transferred for consideration other than cash, the Net Sales from
such sale or transfer shall be deemed the then fair market value of such Product;

(iii) Products that are transferred or used without charge in connection with any pre-clinical
or clinical trials, or for any testing, quality control, evaluation or other Development purposes,
or distributed as samples or charitable donations, shall be excluded from Net Sales calculations
for all purposes; and

(iv) sales or transfers of Products for registration samples, compassionate use sales, named
patient use and the like, shall be excluded from Net Sales calculations for all purposes, unless
GSK recognizes revenue with respect to any such sales or transfers in which event such sales or
transfers shall be included in Net Sales hereunder; and

(v) for a Combination Therapy, the computation of Net Sales in a country shall be based on
****** during the applicable Quarter although, if ******. For purposes of this Section 1.93(f)(v),
******. If the Parties are unable to agree on the allocation of Net Sales with respect to a
Combination Therapy as provided in this Section 1.93(f)(v), the matter shall be resolved in
accordance with Section 16.2.3 below. For the avoidance of doubt, if a Product is sold in
combination with a diagnostic device, the computation of Net Sales for such Product shall be based
solely on ******.

The Net Sales definition may be amended upon written notice from GSK only to extent required
to reflect changes to GSK’s accounting rules (e.g. a change from IFRS to UK GAAP) that result from
a merger, takeover, or change in applicable law.

1.94 “Ongoing Trial” has the meaning ascribed to that term in Section 14.3.2.

1.95 “Out-of-Pocket Expenses” has the meaning ascribed to that term in Schedule 5.1.5.

1.96 “Overage” has the meaning ascribed to that term in Section 5.1.6.

1.97 “Party” or “Parties” has the meaning ascribed to that term(s) in the
first paragraph of this Agreement.

1.98 “Patent” means any and all existing (as of the Effective Date) and future patents
and patent applications in any country or jurisdiction, including but not limited to, any
provisional applications, non-provisional applications, PCT applications, re-issues,
re-examinations, divisionals, continuations, continuations-in-part, registrations, confirmations,
validations, re-validations, renewals, and extensions of term thereof (including supplementary
protection certificates and pediatric use extensions), including utility, model, and design
patents.

 

	 	 	 
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1.99 “Patent Costs” means the reasonable fees and expenses paid to outside legal
counsel, and filing, maintenance and other out-of-pocket expenses paid to Third Parties as incurred
in connection with the prosecution and maintenance of Patents.

1.100 “Person” means any individual, corporation (including any nonprofit
corporation), general or limited partnership, limited liability company, joint venture, estate,
trust, association, organization, labor union, or other entity.

1.101 “Pharmacological Chaperone” means a small molecule drug that selectively binds
to the active site of a target enzyme resulting in enzyme stabilization, improved trafficking, less
aggregation, and/or increased activity of the enzyme.

1.102 “Phase II Clinical Studies” means early controlled human clinical studies
conducted to obtain some preliminary data on the appropriate dose range and effectiveness of a drug
in a disease or condition under study, as more fully defined in 21 C.F.R. §312.21(b) or its
successor regulation, or the equivalent in any country other than the United States.

1.103 “Phase III Clinical Studies” means expanded and controlled human clinical
studies involving administration of a drug to sufficient numbers of human patients with the goal of
establishing that a drug is safe and efficacious for its intended use, and to be considered as a
pivotal study for submission of an NDA, as more fully defined in 21 C.F.R. §312.21(c) or its
successor regulation, including any such clinical study in any country other than the United
States.

1.104 “Phase IV Clinical Studies” means human clinical studies, including marketing
studies, epidemiological studies, modeling and pharmaco-economic studies, investigator sponsored
clinical trials and post-marketing surveillance studies, in each case for a Product conducted after
receipt of Marketing Approval for such Product in the country in which such trial is being
conducted and that are required or requested by a Regulatory Authority to be conducted after
Marketing Approval, as a condition of or in connection with obtaining and maintaining such
Marketing Approval.

1.105 “Product” means, subject to Section 14.3.10(a), any pharmaceutical preparation
that incorporates Compound, whether or not as the sole active ingredient, including any formulation
thereof, such as intravenous, transdermal, oral, or other dosage form.

1.106 “Product Acquisition Agreement” has the meaning ascribed to that term in Section
12.2.2.

1.107 “Product Liability Claim” has the meaning ascribed to that term in Section
15.4.1.

1.108 “Program” means all activities directed to the Development, Manufacture and/or
Commercialization of Compound or Products for the Territory performed by or on behalf of Amicus (or
its Affiliates) and/or GSK (or its Affiliates or Sublicensees) under this Agreement;
provided, however, it is understood that all activities related to the Development
of Compound conducted
either: (a) by Amicus prior to the Effective Date; or (b), by Amicus with respect to a
Terminated Product(s) in the Affected Area after termination of this Agreement in such country(ies)
or with respect to such Product(s) (but not in its entirety) by either GSK pursuant to Section 13.3
or by Amicus pursuant to Section 13.2, will be deemed to have been conducted outside of the
Program.

 

	 	 	 
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1.109 “Program Improvements” means any and all confidential Know-How, and other
information that is developed by or on behalf of GSK (or its Affiliates or Sublicensees) or Amicus
(or its Affiliates, subject to Section 12.3) or jointly by or on behalf of GSK and Amicus or any of
their respective Affiliates (subject to Section 12.3), in the performance of the Program, including
inventions, Know-How, and all other intellectual property relating to any of the foregoing;
provided, however, that Program Improvements will not include Amicus Intellectual
Property; and provided further that, Program Improvements shall not include: (i)
information which is or becomes part of the public domain through no breach of this Agreement by
GSK or Amicus or their respective Affiliates; (ii) information which GSK can demonstrate by its
written records was known by GSK or its Affiliates prior to the Effective Date excluding any
information received by GSK under the terms of the Confidentiality Agreement; and (iii) information
which is independently developed by GSK or Amicus or their respective Affiliates outside of the
Program, and such independent development can be demonstrated by written records. Any Program
Improvement that is developed solely by GSK or its Affiliate under this Agreement that was not
enabled by the use of any Amicus Intellectual Property or developed in the performance of the
Development Plan during the period in which Amicus and GSK are sharing Development Costs pursuant
to Section 5.1.5 shall be referred to herein as a “GSK-Only Program Improvement.”

1.110 “Program Patent” means a Patent or Patent application disclosing and claiming a
Program Improvement.

1.111 “Protective Action” has the meaning ascribed to that term in Section 8.2.

1.112 “Quarter” means a calendar quarter consisting of any of the three-month periods
ending on March 31, June 30, September 30 and December 31 in any particular year.

1.113 “Regulatory Approval” means: (a) in the United States, written notice of
Marketing Approval by the FDA based on approval of an NDA, or sNDA, as applicable, and (b) in any
other country in the Territory, written notice of required Marketing Approval ******, such
acceptance not to be unreasonably withheld) by the Regulatory Authority having jurisdiction in such
country; provided that with respect to countries in the European Union, written notice of a
centralized Marketing Approval from the European Medicines Agency shall constitute written notice
with respect to each and every such country.

1.114 “Regulatory Authority” means the agency, if any, of the national government of
any country with which a pharmaceutical or biological therapeutic product must be registered or by
which a pharmaceutical or biological therapeutic product must be approved prior to its manufacture,
use, or sale in such country, provided that with respect to countries in the European
Union, the European Medicines Agency shall constitute such an agency with respect to each and every such
country in addition to any agency of a national government of such country.

 

	 	 	 
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1.115 “Regulatory Exclusivity” means any exclusive marketing rights or data
exclusivity rights conferred by any applicable Regulatory Authority, other than a Valid Claim,
including any regulatory data protection exclusivity, including, where applicable, pediatric
exclusivity and/or orphan drug exclusivity and/or any exclusivity afforded by restrictions on the
granting by a Regulatory Authority of regulatory approval to market a Generic Equivalent.

1.116 “Re-Offer Notice” has the meaning ascribed to that term in Section 12.2.3.

1.117 “Requesting Party” has the meaning ascribed to that term in Section 11.2.2.

1.118 “Revised Terms” has the meaning ascribed to that term in Section 12.2.3.

1.119 “Royalty Term” has the meaning ascribed to that term in Section 3.4.2.

1.120 “Rules” has the meaning ascribed to that term in Section 16.2.2.

1.121 “Safety Issue” means any unexpected or untoward adverse event related to a
Product that is reported to a Party by a patient or physician, or about which a Party becomes
aware, which event raises a question about patient safety or the efficacy of such Product and which
event a Party considers to be serious enough to contemplate taking a prompt affirmative action with
respect to such Product.

1.122 “Senior Executives” has the meaning ascribed to that term in Section 4.1.5(a).

1.123 “Subcommittee” has the meaning ascribed to that term in Section 4.2.

1.124 “Sublicensee” shall mean a Third Party to whom GSK has granted a right to make,
have made, sell, market, distribute and/or promote a Product in the Territory pursuant to Section
2.2; and “Sublicense” shall mean an agreement or arrangement between GSK and a Sublicensee
granting such rights. As used in this Agreement, “Sublicensee” shall not include a wholesaler or
reseller of Product who does not market such Product.

1.125 “Supply Transition Date” has the meaning ascribed to that term in Section 6.5.1.

1.126 “Supply Transition Plan” has the meaning ascribed to that term in Section 6.5.1.

1.127 “Term” has the meaning ascribed to that term in Section 13.1.

1.128 “Terminated Product(s)” has the meaning ascribed to that term in Section 14.2.

 

	 	 	 
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1.129 “Terminated Product Trademark” has the meaning ascribed to that term in Section
14.3.9.

1.130 “Territory” means, subject to Section 14.3.10(a), all countries and territories
in the world.

1.131 “Third Party” means any Person other than Amicus or GSK or an Affiliate of
Amicus or GSK.

1.132 “Third Party Claim” has the meaning ascribed to that term in Section 15.1.

1.133 “Total Amicus Development Cost Cap” has the meaning ascribed to that term in
Schedule 5.1.5.

1.134 “Trademarks” means (a) trademarks, service marks, logos, trade dress and trade
names, and domain names indicating the source of goods or services, and other indicia of commercial
source or origin (whether registered, common law, statutory or otherwise), (b) all registrations
and applications to register the foregoing anywhere in the world, (c) all goodwill associated
therewith, and (e) all rights in and to any of the foregoing.

1.135 “Trademark License Agreement” means an agreement in the form attached hereto as
Exhibit C or Exhibit D, as applicable.

1.136 “Treaty” has the meaning ascribed to that term in Section 3.11.

1.137 “Total Program Development Costs in the Initial Development Plan” means the
aggregate Development Costs for the Development of the Compound and Products specified in the
Initial Development Plan for each of the calendar years beginning with calendar year 2011 up to and
including calendar year 2015.

1.138 “United States” or “U.S.” means the fifty (50) states of the United
States of America, the District of Columbia and Puerto Rico.

1.139 “Valid Claim” means a claim of an issued, unexpired Amicus Patent or a Program
Patent (other than a Program Patent claiming a GSK-Only Program Improvement, a Formulation Patent
or a Method of Manufacture Patent) covering i) Compound; or ii) method of use of the Compound or a
Product (******) which: (a) has not been revoked or held unenforceable or invalid by a decision of
a court or other governmental agency of competent jurisdiction, which decision is not appealable or
has not been appealed within the time allowed for appeal; (b) has not been disclaimed, denied or
admitted to be invalid or unenforceable through reissue, re-examination or disclaimer or otherwise;
or (c) has not lapsed, been cancelled or abandoned, or been dedicated to the public. For purposes
of this Section 1.138, a “Formulation Patent” means a Patent primarily directed to an
invention which is a formulation of Compound and one (1) or more excipients, and a “Method
of Manufacture Patent” means a Patent primarily directed to an invention which is a method of
manufacture of Compound or Product.

 

	 	 	 
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1.140 “Wind-Down Period” has the meaning ascribed to that term in Section 14.3.3.

1.141 Construction. For purposes of this Agreement: (a) words in the singular shall
be held to include the plural and vice versa as the context requires; (b) the word “including” and
“include” shall be deemed to be followed by the phrase “without limitation” or like expression
unless otherwise specified; (c) the terms “hereof,” “herein,” “herewith,” and “hereunder,” and
words of similar import shall, unless otherwise stated, be construed to refer to this Agreement as
a whole and not to any particular provision of this Agreement; (d) all references to a “business
day” or “business days” in this Agreement means any day other than a day which is a Saturday, a
Sunday, any day banks are authorized or required to be closed in the United States or any other day
on which GSK’s corporate headquarters in the United States are closed; and (e) all references to
“Section,” “Article,” “Schedule” and “Exhibit,” unless otherwise specified, are intended to refer
to a Section, Article, Schedule or Exhibit of or to this Agreement.

II. LICENSE

2.1 License Grant from Amicus. Subject to the terms and conditions of this Agreement,
Amicus hereby grants to GSK an exclusive license, with the right to grant sublicenses in accordance
with Section 2.2, under all Licensed Technology, to Develop, make, use, sell, offer for sale and
import Compound and Products, in each case, solely in the Field and in the Territory (the
“License”). The License set forth in this Section 2.1 shall be exclusive even as to
Amicus, except with respect to Amicus’s right to: (i) co-Develop Compound and Products in the
Field and in the Territory in accordance with Article V; (ii) Manufacture Compound and Products in
accordance with Section 6.5; and (iii) Commercialize Compound and Products in the Field and in the
Territory in accordance with Article VI. For the avoidance of doubt, the Licensed Technology
licensed exclusively to GSK in this Section 2.1 shall include any and all data resulting from any
clinical trials performed by Amicus, its Affiliates, and its licensees in the Territory with
respect to the Compound and Products, in each case subject to Section 14.3.10(b) and to the extent
that Amicus has the right to grant to GSK access to such data from licensees. Subject to Section
14.3.10(b), to the extent any clinical data with respect to the Compound and Product is owned or
controlled by a licensee of Amicus and is not included in the Amicus Know-How, upon GSK’s written
request, Amicus shall use all reasonable efforts to obtain the right, at no cost to GSK, to
sublicense to GSK, or otherwise obtain the right for GSK, to access and make any other use of any
such clinical trial data within the scope of the License and otherwise in accordance with the terms
and conditions of this Agreement; provided that in no event shall Amicus be obligated to
undertake additional payment obligations to such licensees in order to obtain such rights for GSK.

 

	 	 	 
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2.2 Sublicensees. GSK shall have the right to grant sublicenses under the rights
granted to GSK in Section 2.1 without the prior written consent of Amicus: (a) ******; and (b)
******. In addition to the sublicense rights provided above in clauses (a) and (b) of this Section
2.2 (a) and (b),
GSK may engage Sublicensees and grant Sublicenses in any country of the Territory,
provided, however, that GSK may not grant a sublicense to any Third Party listed on
the attached Schedule 2.2 without the prior written consent of Amicus, such consent not to
be unreasonably withheld. In any event, GSK shall ensure that each of its Sublicensees is bound by
a written agreement containing provisions at least as protective of the Compound, the Products and
Amicus as this Agreement; and GSK shall remain responsible to Amicus for all activities of its
Affiliates and Sublicensees to the same extent as if such activities had been undertaken by GSK
itself. Promptly following the execution of each Sublicense, GSK shall provide Amicus with a
redacted copy of such Sublicense (redacted solely to the extent necessary to prevent the disclosure
of Third Party confidential information and not redacting any terms or information that are
necessary for Amicus to determine GSK’s compliance with the provisions of this Agreement with
respect to the grant of such Sublicense).

2.3 License Grant from GSK. Subject to the terms and conditions of this Agreement:

a) GSK hereby grants to Amicus a worldwide, non-exclusive, fully paid-up, royalty-free right
and license, with the right to grant sublicenses only upon the prior written consent of GSK (which
approval shall not be unreasonably withheld), under all Program Improvements Controlled by GSK or
its Affiliates and Program Patents Controlled by GSK or its Affiliates to: (i) Develop Compound and
Product in the Field and in the Territory in accordance with Article V; (ii) Manufacture Compound
and Product as provided in Section 6.5; and (iii) engage in Commercialization activities in
accordance with the then-current Marketing Plan with GSK in the Field and in the Territory solely
in accordance with Article VI.

b) GSK hereby grants to Amicus a worldwide, non-exclusive, fully paid-up, royalty-free,
irrevocable right and license, with the right to sublicense, under any Program Patents Controlled
by GSK or its Affiliates to make, have made, use, sell, offer for sale, import, practice and
otherwise exploit the Program Improvements claimed in such Program Patents, subject to the
exclusive rights granted to GSK under this Agreement with respect to Compound and Products in the
Field in the Territory.

2.4 Trademarks. For all Trademarks Controlled by Amicus or any of its Affiliates that
the Joint Steering Committee determines should be used on a Product in a country(ies) in the
Territory (each, an “Amicus Trademark”), Amicus shall grant to GSK a license, with the
right to sublicense on the same terms as those set forth in Section 2.2 above, in accordance with
the terms of the Trademark License Agreement (a form of which is attached hereto as Exhibit
C), to use the Amicus Trademark(s) in such country(ies) in the Territory in connection with the
making, having made, use, sale, offering for sale, importation, packaging, distributing and
promoting of Product in the Field and in such country(ies) in the Territory. Such license under
the Amicus Trademarks will include a right to use the Amicus Trademark(s), other than Amicus House
Marks, as part of a domain name. For all Trademarks Controlled by GSK or any of its Affiliates
that the Joint Steering Committee determines should be used on a Product in a country(ies) in the
Territory (each, a “GSK Trademark”), GSK shall grant to Amicus a license in accordance with
the terms of the Trademark
License Agreement, a form of which is attached hereto as Exhibit D, to use the GSK
Trademark(s) solely in connection with Amicus’s right to (i) Develop Compound and Product in the
Field in the Territory as provided in Article V, (ii) Manufacture Compound or Product in the Field
and in the Territory in accordance with Section 6.5, and (iii) engage in Commercialization
activities in accordance with the then-current Marketing Plan with GSK in the Field and in the
Territory solely in accordance with Article VI. Such license under the GSK Trademarks will include
also a right to use the GSK Trademark(s), other than GSK House Marks, as part of a domain name.

 

	 	 	 
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2.5 No Implied Licenses. Except as expressly set forth in this Agreement or in a
Trademark License Agreement, neither Party shall acquire any licenses or other intellectual
property right or interest, by implication or otherwise, in any Know-How disclosed to it under this
Agreement or under any Patents Controlled by the other Party or its Affiliates. Without limiting
the foregoing, nothing herein shall be deemed to grant to GSK a right or license to any active
pharmaceutical ingredient other than the Compound.

III. CONSIDERATION

As partial consideration for the License granted to GSK in this Agreement, GSK shall pay to
Amicus in accordance with the payment provisions in Section 3.6 the following amounts:

3.1 License Fee. Subject to Section 3.11 with respect to payment of taxes, in
addition to (and not in lieu of) royalty and milestone payments due under this Agreement, GSK will
make a one-time payment in an aggregate amount of thirty million United States dollars (US
$30,000,000) to Amicus representing a license fee within ten (10) business days after receipt of an
invoice therefor from Amicus as provided in Section 3.6, which invoice shall not be sent by Amicus
to GSK prior to the Effective Date.

3.2 Equity Investment. In addition, GSK shall purchase from Amicus, a number of
shares of common stock of Amicus equal to nineteen and nine tenths percent (19.9%) of the number of
shares of common stock of Amicus issued and outstanding immediately following the closing of the
Equity Agreement, for an aggregate consideration equal to the product of the number of such shares
of common stock of Amicus multiplied by the Per Share Price. For the purposes of this Section 3.2,
the “Per Share Price” shall be equal to ******. The Equity Agreement shall be executed by the
Parties on even date herewith, with GSK’s payment to Amicus for such securities payable within ten
(10) business days after the Equity Agreement effective date.

3.3 Milestone Payments. Subject to Section 3.11 with respect to payment of taxes, in
addition to (and not in lieu of) the license fee set forth in Section 3.1 and the royalty payments
set forth in Section 3.4, GSK will pay to Amicus the milestone payments set out below following the
first achievement of each of the corresponding milestone events no later than sixty (60) days
following the receipt of an invoice therefor from Amicus as provided in Section 3.6. GSK shall
notify Amicus in writing promptly, but in no event later than ten (10) days, after the achievement
of any of the following milestone events, and no invoice for payment of a milestone shall be sent
by Amicus to GSK as provided herein prior to Amicus’s reasonable determination that the
corresponding milestone event has been achieved. Each of the following milestone payments shall be
payable only once, regardless of how many times the Product achieves the milestone event and no
milestones shall be paid by GSK for milestone events that are not achieved.

 

	 	 	 
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3.3.1 Filing and Approval Milestones. GSK shall pay to Amicus the amount set forth
below for the achievement of the corresponding filing and approval milestones by GSK, its Affiliate
or Sublicensee (or in the case of the Milestone 1 in the table below, by Amicus or its Affiliate):

	 	 	 	 	 
	Filing and Approval Milestone Event	 	Milestone Payment	 
	1. ******
	 	$	******	 
	2. ******
	 	$	******	 
	3. ******
	 	$	******	 
	4. ******
	 	$	******	 
	5. ******
	 	$	******	 
	6. ******
	 	$	******	 
	7. ******
	 	$	******	 

3.3.2 Certain Terms Pertaining to Filing and Approval Milestones.

(a) Reduction to Certain Milestone Payments. With respect to Milestone ****** in the
table in Section 3.3.1 above, if ******, then the corresponding milestone payment due upon the
achievement of Milestone ****** shall be reduced to ******. With respect to Milestone ****** in
the table in Section 3.3.1 above, ******, then the corresponding milestone payment due upon the
achievement of Milestone ****** shall be reduced to ******.

(b) Certain Definitions. For the purposes of the milestone payments due under Section
3.3.1:

(i) ******.

 

	 	 	 
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3.3.3 Sales Performance Milestones. GSK shall pay to Amicus the amount set forth
below following the first achievement of the corresponding Sales Performance milestones set out
below:

	 	 	 	 	 
	Sales Performance Milestones:	 	Milestone Payment	 
	******
	 	$	******	 
	******
	 	$	******	 
	******
	 	$	******	 
	******
	 	$	******	 

3.4 Royalties.

3.4.1 Royalties on Products in the Territory. In addition to (and not in lieu of) the
license fee set forth in Section 3.1 and the milestone payments set forth in Section 3.3, and
subject to Sections 3.4.3-3.4.8, commencing on the date of Launch of a Product in a country and
until the expiration of the Royalty Term in such country, GSK shall pay to Amicus royalties at the
rate set forth below on Net Sales of Product on a Product-by-Product and country-by-country basis
where such Product is covered by (i) a Valid Claim, or (ii) Regulatory Exclusivity:

	 	 	 	 	 
	 	 	Royalty (based	 
	Total Annual Net Sales	 	on Net Sales)	 
	******
	 	 	******	%
	******
	 	 	******	%
	******
	 	 	******	%
	******
	 	 	******	%

3.4.2 Royalty Term. Subject to Section 3.11 and Section 3.5.2(b), GSK shall pay to
Amicus royalties as set forth in Section 3.4.1 based on the total Net Sales of Products during a
calendar year in the Territory on a Product-by-Product and country-by-country basis, for the longer
of (i) the last to expire Valid Claim covering such Product in such country, (ii) the date upon
which any remaining Regulatory Exclusivity with respect to such Product in such country expires, or
(iii) ten (10) years from the date of the first Launch of such Product in such country (the
“Royalty Term”).

 

	 	 	 
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3.4.3 If, during the Royalty Term for a particular Product in a Major Market country, a
Product in such Major Market country is not covered by a Valid Claim or Regulatory Exclusivity at
the time of the first Launch of such Product in such country but is or becomes covered by a claim
of a pending Patent application filed during the applicable Royalty Term that, if such claim issued
would be a Valid Claim covering the Product, then the royalty rates for such Product in such Major
Market country shall be reduced by ******percent (******) of the royalty rates set forth in Section
3.4.1 otherwise due for the applicable Royalty Term. The payments representing the remaining
****** of the royalties that would otherwise have been payable to Amicus if the pending Patent
application had issued and had included a Valid Claim covering the Product in such Major Market
country shall be deposited by GSK into a mutually agreed Third Party escrow account to be
maintained by GSK. Upon the issuance of a Patent in such Major Market country based upon any such
pending Patent application described above with a Valid Claim covering such Product in such Major
Market country, the remaining ****** of the royalties, plus interest accrued on such amount, shall
be promptly paid to Amicus and thereafter, GSK shall pay royalties to Amicus on sales of such
Product in such Major Market country at the full rates set forth in Section 3.4.1 for the
applicable Royalty Term; provided, however, that if a Patent does not issue in such
Major Market country from such pending Patent application within ****** from the earliest priority
filing date of such Patent application in such Major Market country, then GSK shall retain all such
amounts paid into escrow, plus interest accrued to such escrow account; ******.

3.4.4 Subject to Section 3.5 below, during the applicable Royalty Term, GSK shall pay
royalties on a Product based upon the royalty rates as set forth in Section 3.4.1 above for sales
of such Product in all non-Major Market countries during the applicable Royalty Term, even if such
Product is not covered by a Valid Claim or Regulatory Exclusivity in such non-Major Market country.

3.4.5 If, at any time during the Royalty Term, the only Valid Claim covering a particular
Product is a Valid Claim of a Joint Program Patent, then the royalties rates for such Product
during the applicable period shall be reduced by ****** of the royalty rates set forth in Section
3.4.1; it being understood that if during the Royalty Term in such country, such Product becomes
covered by any other Valid Claim, the applicable royalty rates shall be the full rates set forth in
Section 3.4.1.

3.4.6 Following the expiration of GSK’s obligation to pay royalties on a Product as provided
in Section 3.4.2 in a country, GSK shall have a perpetual (subject to Section 14.3), exclusive,
fully paid-up (subject to Section 3.5.2(b)) right and license under the Licensed Technology in such
country to make, use, sell, offer for sale and import such Product in such country of the
Territory.

3.4.7 If, the royalties due on Net Sales of Product in a particular Quarter in any country of
the Territory could be owed by GSK to Amicus pursuant to Section 3.4.1, Section 3.4.3, Section
3.4.4 and/or Section 3.4.5, then the actual royalties to be paid by GSK to Amicus, subject to
Section 3.5, shall be calculated in accordance with Section 3.4.1, Section 3.4.3, Section 3.4.4 or
Section 3.4.5 (but not more than one of the foregoing Sections) such that Amicus shall be entitled
to receive, and GSK shall pay to Amicus ****** in such country of the Territory under any one (1)
of the foregoing Sections; provided that in no event shall GSK be obligated to pay to
Amicus royalties on Net Sales of Product in a particular Quarter in any country of the Territory
pursuant to more than one of the foregoing Sections.

 

	 	 	 
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3.4.8 For purposes of this Section 3.4, a Valid Claim covers a Product if such Valid Claim
would be infringed, but for a license, by the Commercialization of such Product in such country.

3.5 Certain Reductions to Royalties.

3.5.1 Generic Equivalent. During the Royalty Term, on a country-by-country and
Product-by-Product basis, if the cumulative unit volume of such Generic Equivalent(s) sold by Third
Parties in such country are equal to or greater than ****** of the combined unit volume of such
Product and such Generic Equivalent(s) for all indications in the aggregate in such country in any
calendar quarter determined by the number of prescriptions given for the Product and such Generic
Equivalent(s), in the aggregate during such calendar quarter (as measured by a Scott Levin
Associates audit or other mechanism mutually agreed by the Parties), then the royalty rates
applicable to Net Sales of such Product by GSK, its Affiliate or Sublicensee in such country shall
be ****** of the royalty rates specified above in Section 3.4.1 with respect to Net Sales of such
Product in such country for so long as such competition exists, and such reduced royalty shall be
paid by GSK for the shorter of ****** from the date upon which GSK’s royalty obligations were
reduced pursuant to this Section 3.5.1 as a result of the sales of such Generic Equivalent(s), or
****** from the date of the first Launch of the Product in such county, after which time GSK’s
license with respect to such Product would be converted into a perpetual, exclusive, fully-paid,
royalty-free (subject to Section 3.5.2(b)) license under the Licensed Technology to make, have
made, use, sale, offer for sale and import such Product in such country in the Territory;
provided, however, that GSK shall no longer be entitled to reduce the royalty rates
nor the period of GSK’s royalty obligations as set forth above in this Section 3.5.1 if at any time
following a reduction in royalty rate pursuant to this Section 3.5.1 and prior to the expiration of
the Royalty Term set forth in this Section 3.5.1, such Generic Equivalent(s) cease to equal ******
or more of the combined unit volume of such Product and such Generic Equivalent(s) for all
indications in the aggregate in such country in any calendar quarter determined by the number of
prescriptions given for the Product and such Generic Equivalent(s), in the aggregate during such
calendar quarter (as measured by a Scott Levin Associates audit or other mechanism mutually agreed
by the Parties).

3.5.2 Third Party Obligations.

(a) During the Royalty Term, on a country-by-country basis, any milestones, royalties and/or
other license payments actually paid to a Third Party under a written license agreement covering
intellectual property which, following a reasonable evaluation in accordance with normal business
practice, GSK determines is necessary to enable GSK to Develop, Manufacture, use, import or sell
Product in accordance with the Agreement such that, absent such Third Party license the
Development, Manufacture, or Commercialization of Product would infringe such Third Party
intellectual property, then such payments shall be creditable by GSK against royalties payable to
Amicus by GSK under the Agreement; provided that the royalties due by GSK to Amicus in any
Quarter shall not be so reduced by more than ****** of the royalties that would otherwise be
payable by GSK to Amicus for such calendar quarter; provided further that GSK can
credit the remainder of such amounts paid to such Third Party against future royalties payable to
Amicus by GSK. If Amicus disputes the need of GSK to obtain a Third Party license for the Product,
then Amicus may provide written notice of such dispute to the Joint Patent Subcommittee, and such
dispute shall be resolved in accordance with 4.2.1.

 

	 	 	 
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(b) Amicus shall be solely responsible for payment of any and all royalties owed by Amicus to
a Third Party pursuant to any Background License Agreements that are in effect as of the Effective
Date of the Agreement, and a complete description of the royalties payable under such Background
License Agreements is set forth on the attached Schedule 3.5.2; provided,
however, that in no event shall the reduction in the royalties to be paid by GSK to Amicus
pursuant to Section 3.5.1 or this Section 3.5.2 result in a payment of royalties by GSK to Amicus
that is less than the royalty amount(s) due by Amicus to such Third Parties under such Background
License Agreements; provided, further, that if upon expiration of the Royalty Term
for a particular Product in a particular country, Amicus continues to owe to a Third Party
royalties pursuant to a Background License Agreement based upon sales of such Product by GSK, its Affiliates or Sublicensees in
such country, GSK shall continue to pay such Third Party royalties to Amicus on sales of Products
in such country at the same rate as as Amicus pays to the Third Party as set forth on Schedule
3.5.2 for so long as such royalties are payable to such Third Party under the applicable
Background License Agreement.

(c) In the event that Amicus intends to modify any of the terms of a Background License
Agreement pertaining to (x) the amount of royalties payable under such Background License Agreement
with respect to sales of Products in the Territory, (y) the term for which such royalties are
payable, or (z) the scope of any rights or obligations granted to GSK under this Agreement, Amicus
shall provide notice of such intent to GSK within a reasonable period of time (but in no event
longer than five (5) business days) prior to making any such modifications. If such modifications
would increase the amount of any royalties payable with respect to sales of Products in the
Territory or the term for which such royalties are payable or otherwise materially and adversely
modify the scope of any rights or obligations granted to GSK under this Agreement, Amicus shall not
proceed to so modify any such Background License Agreement without the prior consent and approval
of GSK (such approval not to be unreasonably withheld or delayed).

3.5.3 Royalty Floor. Notwithstanding any other provision in this Agreement (including
any provisions for deductions or offsets from or against payments due to Amicus), in no event shall
the royalties payable by GSK with respect to Net Sales of Products in any Quarter be reduced to
less than ****** of the royalties that would otherwise be payable by GSK to Amicus for such Quarter
at the royalty rates specified in Section 3.4.1 if none of the reductions, deductions and offsets
specified in Section 3.4 and this Section 3.5 were available.

3.6 Method of Payment. All payments made by a Party to another Party under this
Agreement shall be made by bank wire transfer in immediately available funds to an account
designated in an invoice from the Party to which such payments are due, which invoice should
include bank details, the contact name for any issue resolution and be marked for the attention of
the Alliance Manager of the Party to whom such payment is due. All amounts owed by GSK to Amicus
hereunder shall be paid by an entity resident in the United Kingdom from a bank account located in
the United Kingdom. Unless otherwise expressly stated herein, all payments made by GSK to Amicus
pursuant to this Agreement shall be made within sixty (60) days following receipt by GSK of an
invoice from Amicus for such amounts.

 

	 	 	 
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3.7 Foreign Exchange. With respect to sales of the Product invoiced in United States
dollars, the Net Sales and the amounts due hereunder will be expressed in United States dollars.
With respect to sales of the Product invoiced in a currency other than United States dollars, the
Net Sales and amounts due hereunder will be reported in United States dollars, calculated using the
average exchange rates as calculated and utilized by GSK’s group reporting system and published
accounts. As of the Effective Date, the method utilized by GSK’s group reporting system and
published accounts uses spot exchange rates sourced from Reuters/Bloomberg and, if the method used
by GSK’s group reporting system and published accounts is changed during the Term, GSK
will notify Amicus in writing of the revised method prior to GSK applying such method to
exchange rate calculations to be made with respect to Net Sales and amounts due under this
Agreement.

3.8 Reports and Royalty Payment. ******. Thereafter GSK shall, within ****** after
the end of each Quarter, submit to Amicus, together with GSK’s payment for the royalties due for
each Quarter, on a Product-by-Product and country-by-country basis, a written report (an
“Actual Payment Report”) showing the actual Net Sales and the royalties payable in
accordance with Section 3.4 in each case in U.S. dollars. In each country where Net Sales have
occurred in a currency other than United States dollars, such Net Sales will be converted to United
States Dollars in accordance with Section 3.7 above.

3.9 GSK Records. GSK will keep, and will require any Affiliates and Sublicensees to
keep, for three (3) years from the end of the Quarter to which they pertain, or such longer period
as may be required by applicable Law, complete and accurate books of account and records for the
purpose of determining the amounts payable to or by Amicus pursuant to this Agreement, including
Net Sales of Product in the Territory in sufficient detail to allow the royalties to be determined
accurately. Amicus will have the right during such three (3) year period to appoint an independent
certified public accountant reasonably acceptable to GSK (the “Amicus Auditor”) to inspect
those books or records of GSK for the purpose of determining the applicable amounts payable to or
by Amicus pursuant to this Agreement. Upon not less than sixty (60) days’ prior written notice
from Amicus, GSK will make such books and records and the books and records of its Affiliates
available (including any Net Sales reports received from its Sublicensees selling Products) for
inspection by such Amicus Auditor during regular business hours at such place or places where such
records are customarily kept, to verify the accuracy of the reports and payments. The Amicus
Auditor will disclose to Amicus only the amount and accuracy of payments reported and actually paid
or otherwise payable under this Agreement. The Amicus Auditor will send a copy of the report to
GSK at the same time it is sent to Amicus. ******. Notwithstanding the foregoing, in the event
that Amicus demonstrates sufficient cause, giving due consideration to each of the Parties’
resources, to support the conduct of an additional inspection pursuant to this Section 3.9 within
the same calendar year, the JSC shall discuss in good faith whether to require such additional
inspection to take place; provided that the JSC may not unreasonably withhold its consent to such
an inspection. The Amicus Auditor shall be obligated to execute a reasonable confidentiality
agreement prior to commencing any such inspection. Amicus will bear all costs and expenses
associated with an audit conducted pursuant to this Section 3.9, provided, however,
that if the designated auditor discovers an underpayment of ****** or more for any period covered
by the inspection between the payments GSK has made under this Agreement and the payments actually
owed to Amicus under this Agreement, then GSK will bear all costs and expenses associated with such
audit and, for the avoidance of doubt, such underpayment shall be considered a late payment subject
to interest pursuant to the terms of Section 16.12.

 

	 	 	 
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3.10 Amicus Records. Amicus will keep, and will require any Affiliates to keep, for
three (3) years from the end of the Quarter to which they pertain, or such longer period as may be
required by applicable Law, complete and accurate books of account and records of Development Costs
and amounts spent on research and Development undertaken in accordance with this Agreement in
sufficient detail to allow the Development Costs to be determined accurately. GSK will have the
right during such three (3) year period to appoint an independent certified public accountant
reasonably acceptable to Amicus (the “GSK Auditor”) to inspect those books or records of
Amicus that pertain to Development Costs. Upon not less than sixty (60) days’ prior written notice
from GSK, Amicus shall permit such GSK Auditor to inspect those books or records of Amicus that
relate to its Development Costs during regular business hours, at such place or places where such
records are customarily kept, for the sole purpose of verifying the amounts payable hereunder. The
GSK Auditor will disclose to GSK only the amount and accuracy of payments reported and actually
paid or otherwise payable under this Agreement. The GSK Auditor will send a copy of the report to
Amicus at the same time it is sent to GSK. ******. Notwithstanding the foregoing, in the event
that GSK demonstrates sufficient cause, giving due consideration to each of the Parties’ resources,
to support the conduct of an additional inspection pursuant to this Section 3.10 within the same
calendar year, the JSC shall discuss in good faith whether to require such additional inspection to
take place; provided that the JSC may not unreasonably withhold its consent to such an inspection.
The GSK Auditor shall be obligated to execute a reasonable confidentiality agreement prior to
commencing any such inspection. Inspections conducted under this Section 3.10 shall be at the
expense of GSK, provided, however, that if the designated auditor establishes an
overpayment by GSK in amounts payable exceeding ****** of the amount of Development Costs paid for
a period covered by the inspection, then Amicus will bear all reasonable costs and expenses
associated with such audit and any amounts overpaid by GSK that are established shall be paid by
Amicus, together with interest on such overpaid amounts at the rate set forth in Section 16.12.
GSK agrees to treat all information learned in the course of any audit or inspection as
Confidential Information of Amicus.

3.11 Taxes.

3.11.1 Amicus warrants that Amicus is a resident for tax purposes of the United States of
America and that Amicus is entitled to relief from United Kingdom income tax under the terms of the
double tax agreement between the United Kingdom and the United States of America (the
“Treaty”). Amicus shall notify GSK immediately in writing in the event that Amicus ceases
to be entitled to such relief.

 

	 	 	 
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3.11.2 GSK shall cooperate with Amicus in obtaining formal certification of Amicus’
entitlement to relief under the Treaty. Pending receipt of formal certification from the United
Kingdom Inland Revenue, GSK shall pay to Amicus the full amount of the license fee required to be
paid pursuant to Section 3.1 above, without deduction of any withholding tax in accordance with the
Treaty. Amicus agrees to indemnify and hold harmless GSK against any loss, damage, expense or
liability arising in any way from a breach of the above warranties or any future claim by a United
Kingdom tax authority alleging that GSK was not entitled to deduct withholding tax on such payments
at source at the Treaty rate (other than due to Amicus having filed with the United States tax
authority, but not having obtained formal certification of Amicus’ entitlement to relief under the
Treaty from the United Kingdom Inland Revenue, prior to receiving GSK’s payment pursuant to Section 3.1 above). The royalty and other payments under this Agreement shall not
be reduced by any taxes required to be withheld by any taxing authority outside of the United
Kingdom.

3.11.3 If GSK assigns this Agreement to an Affiliate and GSK or its Affiliate becomes liable
to withhold any taxes from royalties or other payments under this Agreement, then GSK or its
Affiliate shall pay to Amicus the full amount of any royalty or other payment required to be paid,
unreduced by any withholding tax and shall pay any amount owed to the relevant tax authority;
provided, however, that to the extent Amicus is able to obtain credit for any taxes withheld
against Amicus’s tax liability and actually realizes a reduction in its tax liability as a result
of the utilization of such credit, Amicus shall refund to GSK the amount of such net tax savings,
as determined in the reasonable discretion of Amicus.

3.11.4 All sums payable under this Agreement are exclusive of value added tax and any other
sales taxes. The Parties agree that, where appropriate, the Parties shall provide each other with
a valid tax invoice, and against such invoice, the Parties shall pay the amount of any such tax to
the other Party. Should such amounts of tax be refunded subsequently by the fiscal authorities,
the Party receiving the refund shall immediately notify the other Party and refund these monies
within thirty (30) days of receipt of such funds.

IV. GOVERNANCE

4.1 Joint Steering Committee.

4.1.1 Formation. Within thirty (30) days following the Effective Date, Amicus and GSK
shall establish a joint steering committee (the “Joint Steering Committee” or
“JSC”) to oversee the Development and Commercialization of Product, and to review and
coordinate the Development of the Product in the Field in the Territory, subject to the terms and
conditions of Articles V and VI herein.

 

	 	 	 
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4.1.2 Membership. The Joint Steering Committee will be composed of six (6)
representatives: three (3) representatives nominated by Amicus and three (3) representatives
nominated by GSK. Each such representative on the Joint Steering Committee shall be a senior
executive or other member of senior management (or their designees who shall have the necessary
authority to make decisions as such senior executives or other members of senior management, as
applicable) of the respective Party or an Affiliate of such Party, and in each case such
representatives shall have significant experience and responsibility for oversight of the Product
and shall be empowered by the Party whom they represent to make decisions that are binding upon
such Party with respect to the Development, Manufacture and/or Commercialization, as applicable, of
the Compound and Product. Each Party may also have its Alliance Manager attend Joint Steering
Committee meetings as non-voting participants. GSK and Amicus will each be entitled to replace its
representatives on the Joint Steering Committee in its sole discretion at any time during the Term
with representatives of similar experience and level of responsibility. The Joint Steering
Committee shall be chaired by a GSK representative. With the consent of the other Party (such
consent not to be unreasonably withheld), other employees or consultants of GSK or Amicus or their respective
Affiliates may attend Joint Steering Committee meetings to present information or participate in
discussions on an ad hoc basis as non-voting participants or observers. The Parties shall cause
their respective members on the Joint Steering Committee to act in good faith in carrying out their
activities on the Joint Steering Committee.

4.1.3 Duties of the Joint Steering Committee. The Joint Steering Committee will:

(a) Review and approve the Development Plan (and the associated budget for Development Costs
included therein) on an annual basis, including any amendments and updates thereto;

(b) Oversee the implementation of the Development Plan by the Parties and each Party’s
progress towards completion of the activities allocated to such Party under the Development Plan;

(c) Review and approve changes to the Development Plan;

(d) To review and approve any necessary amendments to the Development Plan to include Phase IV
Clinical Study activities;

(e) Oversee the Commercialization of Products in the Field and in the Territory during the
Term;

(f) Provide a forum for the Parties to exchange information and coordinate their respective
activities as set forth in this Agreement with respect to matters pertaining to the Development and
Marketing Approvals for the Product in the Territory;

(g) Designate a Trademark for use on each Product;

 

	 	 	 
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(h) Review and approve all plans for publications of clinical trial results or other
scientific information; and

(i) Perform such other duties as are specifically assigned to the JSC in this Agreement or
otherwise agreed to in writing by the Parties.

4.1.4 Committee Meetings. The Joint Steering Committee shall meet at least once per
Quarter, or more or less often as otherwise agreed to by the Parties. Joint Steering Committee
meetings may be conducted by telephone, video-conference or in person as agreed to by the Parties.
Unless otherwise agreed by the Parties, all in-person meetings for the Joint Steering Committee
shall be held on an alternating basis between Amicus’s facilities and GSK’s facilities. Each Party
shall bear its own personnel and travel costs and expenses relating to Joint Steering Committee,
Subcommittee, or Joint Patent Subcommittee meetings, and such expenses shall not be included in
Development Costs.

4.1.5 Decision-Making. Decisions of the Joint Steering Committee shall be made by
unanimous vote, with each Party having (1) vote and with at least one (1) representative from each
Party participating in any vote. Each Party will use reasonable efforts to achieve consensus on
the Joint Steering Committee. In the event that the Joint Steering Committee fails to reach
unanimous agreement with respect to a particular matter within its authority within thirty (30)
days of the date such matter was first presented to the Joint Steering Committee, then such matter
shall be finally decided by GSK, as follows:

(a) Disputes Related to Product Development and Regulatory Issues. Either Party may,
by written notice to the other Party (an “Escalation Notice”), refer disputes regarding
Development of the Product in the Territory or regulatory issues relating to the Product in the
Territory to the chief executive officer of Amicus (or his/her designee) and the GSK Head of Rare
Diseases Unit (or his/her designee) (the “Senior Executives”). The Parties’ respective
Senior Executives shall meet promptly, but in any event within thirty (30) days following the
referral of such matter to the Senior Executives, and shall negotiate in good faith to resolve such
matter. If the Senior Executives are unable to resolve such dispute within ten (10) days following
the initial meeting of such Senior Executives, then the dispute shall be resolved by the GSK
Chairman of Research and Development, such decision by the GSK Chairman of Research and Development
shall become the decision of the JSC with respect to the dispute specified in the applicable
Escalation Notice.

(b) Disputes Related to Manufacturing and Commercialization of Product. GSK, via the
GSK representatives on the Joint Steering Committee, shall have the final decision making authority
for all disputes related to Manufacturing or Commercialization of Product in the Territory, without
the need to further escalate such dispute. Any such decisions made by GSK shall become the
decision of the JSC.

 

	 	 	 
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4.2 Subcommittees. From time to time, the Joint Steering Committee may establish
subcommittees to oversee particular projects or activities within the scope of authority of the
Joint Steering Committee, as it deems necessary or advisable (each, a “Subcommittee”).
Each Subcommittee shall consist of such number of representatives of each Party as the Joint
Steering Committee determines is appropriate from time to time. Each Subcommittee shall meet with
such frequency as the Joint Steering Committee shall determine. Each Subcommittee shall operate by
unanimous vote in all decisions, with each Party having one (1) vote and with at least one (1)
representative from each Party participating in such vote. If, with respect to a matter that is
subject to a Subcommittee’s decision-making authority, the Subcommittee cannot reach unanimity,
except with respect to the Joint Patent Subcommittee, the matter shall be immediately referred to
the Joint Steering Committee, which shall resolve such matter in accordance with Section 4.1.5.

4.2.1 Joint Patent Subcommittee. Promptly after the first Joint Steering Committee
meeting the Parties will form a Joint Patent Subcommittee to oversee the Patent issues pertaining
to the Compound and Products. The Joint Patent Subcommittee will be composed of one (1)
representative (or such other number of representatives as the Parties may agree) from each of the
Parties. The Joint Patent Subcommittee will serve as the forum to review and discuss and
decide, in the first instance, all matters relating to Patents and Know How included in Amicus
Intellectual Property, Program Improvements and Program Patents, shall select Patent counsel to
file and prosecute Patent applications included in Amicus Intellectual Property, or constituting
Program Patents, and will promptly report all discussions and decisions to the Joint Steering
Committee. The Joint Patent Subcommittee shall operate by unanimous vote in all decisions, with
each Party having one (1) vote and with at least one (1) representative from each Party
participating in such vote. If the Joint Patent Subcommittee is unable to agree on any matter
considered by the Joint Patent Subcommittee within ten (10) days after first considering such
matter, it shall seek the opinion of mutually acceptable outside counsel (such opinion to be
provided within ten (10) days of instruction) and, if the Joint Patent Subcommittee is still unable
to agree following receipt of such outside counsel’s opinion, such matter shall be referred to the
Senior Executives for resolution. If, after referral to the Senior Executives, notwithstanding
anything to the contrary in Section 4.1.5, the matter has not been resolved, the Senior Executive
of GSK shall make the final decision within ten (10) days of being referred such matter (which
decision shall become the decision of the Joint Patent Subcommittee and the JSC); ******, shall
make the final decision with respect to any dispute pertaining to ****** (which decision shall
become the decision of the Joint Patent Subcommittee and the JSC). At the discretion and upon
unanimous consent of the Joint Patent Subcommittee, any of the ten (10) day time limits in this
Section 4.2.1 may be shortened.

4.3 Alliance Managers. Within thirty (30) days following the Effective Date, each
Party shall appoint a representative (“Alliance Manager”) to facilitate communications
between the Parties and to act as a liaison between the Parties with respect to such matters as the
Parties may mutually agree in order to maximize the efficiency of the collaboration. Each Alliance
Manager shall be permitted to attend meetings of the JSC as a nonvoting observer, subject to the
confidentiality provisions of Article XI. Each Party may replace its Alliance Manager with an
alternative representative at any time with prior written notice to the other Party.

 

	 	 	 
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4.4 General Communications. Each Party shall keep the other Party informed, by way of
updates to the Joint Steering Committee at its meetings and as otherwise specified in this
Agreement, or as reasonably requested by the other Party, as to its progress and activities
relating to the Development and Commercialization of the Compound and Products in the Territory,
including with respect to regulatory matters and meetings with Regulatory Authorities,. In
connection therewith, Amicus and GSK shall provide each other through the Joint Steering Committee
with such information regarding such progress and activities under the Development Plan and/or the
Marketing Plan, or otherwise relating to the Product, as the other Party may request from time to
time.

4.5 Scope of Governance. Notwithstanding the creation of the Joint Steering Committee,
or any Subcommittee, each Party shall retain the rights, powers and discretion granted to it
hereunder, and the Joint Steering Committee shall not be delegated or vested with rights, powers or
discretion, unless such delegation or vesting is expressly provided herein, or the Parties
expressly so agree in writing. Neither the Joint Steering Committee, nor any Subcommittee, will
have the power to amend or modify, or waive compliance with, this Agreement, and no decision of the
Joint Steering Committee, or any Party exercising a deciding vote as provided in Section 4.1.5 or
Section 4.2.1, as applicable, shall be in contravention of any terms and conditions of this
Agreement or shall result in any obligations (including any obligation to incur or assume any
financial or other commitment, including without limitation allocation of additional FTEs to the
Program) being imposed on Amicus or its Affiliates, without the express prior written consent of
Amicus. It is understood and agreed that issues to be formally decided by the Joint Steering
Committee are only those specific issues that are expressly provided in this Agreement to be
decided by the Joint Steering Committee.

V. PRODUCT DEVELOPMENT AND REGULATORY ACTIVITIES

5.1 Product Development. Subject to Section 4.1.5, the Joint Steering Committee will
oversee Development of the Compound and Products in the Territory in accordance with the
then-current Development Plan (including the associated budget).

5.1.1 Development Plans.

(a) Initial Development Plan. An initial Development plan and budget for the Product
in the Field in the Territory is attached to this Agreement as Schedule 5.1 and sets out
separately the Development activities to be conducted by each Party following the Effective Date
and a budget for such activities (the “Initial Development Plan”). The Initial Development
Plan shall be deemed to be the Development Plan for all purposes until such Initial Development
Plan is amended in accordance with Sections 5.1.1(b) below.

 

	 	 	 
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(b) Amendments. Subject to Section 5.1.4(c), the Joint Steering Committee shall
review the Initial Development Plan (or as amended) (the Initial Development Plan, as amended, the
“Development Plan”) on an ongoing basis and no less frequently than once each calendar year
and shall amend the then-current Development Plan as necessary to include a reasonably detailed
written plan of the JSC’s then-current estimate of the Development activities (and associated
budget) ****** of the period covered by such plan and an outline of Development activities (and the
associated budget for such Development activities) ******. The JSC shall agree upon any amendments
to be made to the Development Plan, including any changes to the budget or timelines for such
Development Plan, ******, provided, that the JSC shall, to the extent possible, ******.
Notwithstanding the foregoing, the JSC shall agree upon any extensions to the timelines in the
Development Plan that result directly from (i) material changes to any activities pertaining to
the goals specified in the Development Plan that are required or reasonably requested by the FDA or
other Regulatory Authority in a Major Market, such that if not performed is likely, in the
reasonable judgment of the JSC, to jeopardize the receipt of Marketing Approval of the Product in
any such Major Market or (ii) other factors beyond a Party’s reasonable control. In addition, (i)
unless otherwise mutually agreed by the Parties in writing, the then-current Development Plan will
at all times provide for the allocation of ******Amicus FTEs in the performance of Development
activities for Products in the Field in the Territory for ******; and (ii) the number of Amicus
FTEs allocated under the then-current Development Plan to conduct Development activities for
Products in the Field in the Territory in any calendar year covered by such Development Plan ******
shall not be decreased by the JSC by more than ****** on less than ****** written notice to Amicus;
provided that upon the occurrence of a major adverse event in the Development activities pursuant
to the Development Plan (e.g. termination of a clinical study as a result of an adverse event), the
JSC may provide such a notice to Amicus within a shorter period of time, but the JSC shall to
provide Amicus as much notice as is reasonably practical in the circumstances. If the JSC is unable
to agree upon any changes to be made to the Development Plan, including the budget included
therein, then, until such time as a revised Development Plan is approved by the JSC, or established
pursuant to Section 4.1.5(a) above: (x) the then-current Development Plan shall continue to govern
the Parties’ respective Development activities under this Agreement; and (y) each Party shall be
permitted to conduct and/or commence Development activities allocated to such Party in such
preceding Development Plan and incur Development Costs consistent with such preceding Development
Plan, which Development Costs shall be shared by the Parties in accordance with Sections 5.1.5 and
5.1.6 below and Schedule 5.1.5.

5.1.2 Conduct of Development Activities. Each Party shall conduct those activities
allocated to such Party under the Development Plan in compliance in all material respects in
accordance with good scientific and clinical practices, and Laws applicable in the country in which
such activities are conducted.

5.1.3 Development Activities of GSK. GSK shall use Commercially Reasonable Efforts to
carry out all clinical Development and other activities required to obtain Regulatory Approval for
at least ****** Product in the Field and in each Major Market. Such efforts by GSK shall include,
but shall not be limited to, use of Commercially Reasonable Efforts (a) to achieve the specific
overall Development goals as set forth in the Initial Development Plan, (b) to achieve such
Development goals in accordance with the timelines specified in the Development Plan, and (c)
******.

 

	 	 	 
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5.1.4 Development Activities of Amicus. Amicus shall use Commercially Reasonable
Efforts to carry out all clinical Development and other activities allocated to Amicus under the
then-current Development Plan, in accordance with the then-current Development Plan and as directed
by the Joint Steering Committee. Such efforts by Amicus shall include, but shall not be limited
to, use of Commercially Reasonable Efforts to achieve the goals of the then-current Development
Plan in accordance with the timelines specified therein.

(a) Except as otherwise mutually agreed in writing by the Parties and subject to Section
5.1.4(b) below, following the Effective Date and with oversight by the Joint Steering Committee,
Amicus shall continue to conduct the existing 011 Phase III Clinical Study and the 012 Phase III
Clinical Study, in each case as set forth in the Development Plan.

(b) GSK may, in its sole discretion and at its sole option, elect to participate in the
conduct of the 011 Phase III Clinical Study and/or the 012 Phase III Clinical Study, in each case
under the direction of the Joint Steering Committee. In the event that GSK elects to
participate in the conduct of the 011 Phase III Clinical Study and/or the 012 Phase III
Clinical Study, as applicable, then GSK shall provide notice of its election to participate in such
studies to the Joint Steering Committee. Thereafter, subject to Section 5.1.1(b) above and Section
5.1.4.(c) below, the JSC shall re-allocate responsibilities to each Party in the Development Plan
as necessary for the conduct of the 011 Phase III Clinical Study and/or the 012 Phase III Clinical
Study, as applicable.

(c) Without limiting Section 5.1.4(a) above, it is understood that the Development Plan will
at all times provide for Amicus to have an active role in the Development activities for Products
in the Field in the Territory.

5.1.5 Allocation of Funding of Development Plan. Subject to the terms and conditions
of this Agreement (including Sections 5.1.6, 12.1.2, 13.6, 14.2.2 and 14.3 below) and provided that
Amicus’ share of the Development Costs incurred under and in accordance with the Development Plan
for each of the calendar years of the Term of the Agreement shall be subject to the applicable
Amicus Annual Cost Cap and, ultimately, the Amicus Aggregate Development Cost Cap, Amicus and GSK
shall share in the Development Costs to jointly fund the Development of Product for the Territory
pursuant to the Development Plan, as follows and in accordance with the provisions of Schedule
5.1.5:

(a) Amicus shall fund one hundred percent (100%) of the Development Costs as set forth in the
Initial Development Plan incurred in the conduct of Development activities under and in accordance
with then-current Development Plan from the Effective Date through and until December 31, 2010 and
the GSK 2010 FTE Costs actually incurred by GSK, but Amicus shall not be obligated to fund more
than an amount equal to the Amicus Annual Cost Cap for calendar year 2010, and GSK shall fund the
remaining Development Costs incurred in the conduct of activities during such period pursuant to
the Development Plan for calendar year 2010. For the avoidance of doubt, Amicus shall not defer
until 2011 any costs incurred by Amicus in conducting Development in 2010.

 

	 	 	 
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(b) From January 1, 2011 through and including December 31, 2011, Amicus shall fund fifty
percent (50%) of the Development Costs incurred under and in accordance with the then-current
Development Plan during such period, but shall not be obligated to fund more than an amount equal
to the applicable Amicus Annual Cost Cap, and GSK shall fund the remaining Development Costs
incurred in the conduct of activities during such period pursuant to the Development Plan.

(c) Except as provided in Section 5.1.6 below, from January 1, 2012 and for each calendar year
(or part thereof) thereafter until the Amicus Aggregate Development Cost Cap is reached, Amicus
shall fund on an annual basis twenty-five percent (25%) of the Development Costs incurred under and
in accordance with the then-current Development Plan during such period, but shall not be obligated
to fund more than an amount equal to the Amicus Annual Cost Cap for the relevant calendar year, and
GSK shall fund the remaining Development Costs incurred in the conduct of Development activities
pursuant to the Development Plan for each such calendar year.

(d) To the extent that, for any calendar year commencing with calendar year 2011, Amicus has
been required, pursuant to Section 5.1.5(b) or (c) above, as applicable, to fund an amount of
Development Costs less than the Amicus Annual Cost Cap for the applicable calendar year due to the
actual amount of Development Costs for such calendar year being less than the amount of Development
Costs budgeted in the then-current Development Plan for such calendar year, then the difference
between the Amicus Annual Cost Cap for such calendar year and the share of the Development Costs
for such calendar year actually required to be paid by Amicus pursuant to Section 5.1.5(b) or (c)
above, as applicable, shall be carried forward into the next calendar year and added to the Amicus
Annual Cost Cap for that subsequent calendar year and each subsequent year thereafter until such
“carry-forward” amounts are exhausted; provided, however that in no event shall the
aggregate of the Amicus Annual Cost Caps calculated in accordance with this Section 5.1.5(d) exceed
the Amicus Aggregate Development Cost Cap.

5.1.6 Funding for Excess Development Costs. If, prior to any termination of Amicus’
co-Development rights and obligations pursuant to Sections 12.1.2, 13.6, 14.2.2 or 14.3, the total
Development Costs incurred under and in accordance with the Development Plan exceed the Total
Program Development Costs in the Initial Development Plan by more than ******, Amicus shall be
responsible for ****** of such additional Development Costs that are between ****** and ****** of
the Total Program Development Costs in the Initial Development Plan (such additional Development
Costs, the “Overage”) and GSK shall be responsible for all additional Development Costs.
Amicus shall pay its ****** share of the Overage on a quarterly basis in accordance with the
provisions of Schedule 5.1.5 until such amount is paid in full.

5.1.7 Use of Clinical Trial Data. Subject to Section 2.1 and pursuant to the
procedures set out in Section 5.2.3, Amicus shall make available to GSK, and GSK shall have
complete access to, at no charge to GSK, all clinical trial data and all additional data, in each
case, to the extent included in the Amicus Know-How, resulting from any clinical trials performed
by Amicus, its Affiliates, or licensee with respect to the Compound and Product in the Territory.
GSK shall be free to use all such data and information, as necessary or as required, to support the
Development, Manufacture and Commercialization of the Compound and Product in the Territory in
accordance with the terms and conditions of this Agreement.

 

	 	 	 
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5.2 Regulatory Matters.

5.2.1 Assignment of, and Responsibility for, Regulatory Filings. Promptly following
the Effective Date, Amicus and GSK will establish a plan and timeline to transfer and assign
ownership of all existing Marketing Approvals and other filings (if applicable) with Regulatory
Authorities for the Compound and Product in the Territory to GSK, except as solely necessary for
Amicus to conduct the 011 Phase III Clinical Study and/or 012 Phase III Clinical Study, as
applicable. GSK thereafter shall own and shall have the sole responsibility, as overseen by the
Joint Steering Committee during the Development of Product, to hold and maintain all Marketing
Approvals and other filings with Regulatory Authorities for the Products in the Territory and,
during the Term, GSK shall use Commercially Reasonable Efforts to hold and maintain all such
Marketing Approvals and filings with Regulatory Authorities. Further, GSK will be solely
responsible for filing and obtaining INDs, MAAs and/or Marketing Approvals (including pricing or
reimbursement approvals) from the applicable Regulatory Authorities in connection with the
Development, Manufacture, use, and Commercialization of the Compound and Products in the Territory
as overseen by the Joint Steering Committee and GSK will use Commercially Reasonable Efforts to
obtain any such necessary approvals. GSK shall also be responsible for obtaining any export
approvals required by a relevant Regulatory Authority to import or export the Product to any
country within the Territory. All such activities shall be done in consultation with the Joint
Steering Committee, and GSK shall reasonably consider in good faith the comments of Amicus with
respect to such activities. All such regulatory filings will be in the name of GSK or its
Affiliate, except where otherwise required by applicable Law in any country within the Territory.

5.2.2 Regulatory Cooperation. GSK shall lead the liaison with, and will manage, all
interactions with Regulatory Authorities in the Territory in relation to the Product during the
Term of the Agreement. Subject to Section 4.1.5, GSK agrees to consult with Amicus with respect to
substantive interactions with Regulatory Authorities in each of the Major Markets,
provided, however, that such agreement to consult with Amicus shall not be
construed or interpreted to prevent or delay GSK from making any decisions with respect to
regulatory matters in a timely manner (e.g. during a meeting with a Regulatory Authority). In any
event, GSK shall keep Amicus and the Joint Steering Committee informed with respect to all
interactions with Regulatory Authorities in the Territory and will reasonably consider in good
faith the comments of Amicus with respect to such activities. Amicus will also provide reasonable
cooperation and assistance to GSK, as reasonably requested by GSK, in the event that GSK must
respond to questions from Regulatory Authorities in the Territory concerning Development activities
conducted by or on behalf of Amicus with the Compound and Product. If requested by GSK, Amicus
will attend all relevant meetings with Regulatory Agencies in an observational and advisory role.
Each Party will promptly provide the other Party and the JSC with copies of, or electronic access
to, all material documents and correspondence received from, or submitted to, a Regulatory
Authority in each Major Market related to the Compound or a Product, including any notices of, or
requests for, any substantive meetings with a Regulatory Authority in a Major Market relating to
the Compound or a Product.

 

	 	 	 
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5.2.3 Exchange of Data and Know-How.

(a) By Amicus. Promptly following the Effective Date, Amicus will make available to
GSK, at no cost or expense to GSK, all Amicus Know-How that is necessary or materially useful for
GSK to Develop, Manufacture, and Commercialize the Compound and Products in the Territory,
including all patent prosecution files for all GSK Prosecuted Amicus Patents, data from any and all
clinical trials and preclinical studies and non-clinical development work for the Compound and
Products included in the Amicus Know-How that have been obtained by Amicus, its Affiliates or
licensees prior to the Effective Date. During the Term, Amicus shall provide to GSK promptly upon
the request of GSK and at no cost or expense to GSK, all Amicus Know-How that has not previously
been provided to GSK. Amicus shall provide all Amicus Know-How in electronic form to the extent
the same exists in electronic form, and shall provide copies as reasonably requested and an
opportunity for GSK or its designee to inspect (and copy) all other materials comprising such
Know-How (including for example, original patient report forms and other original source data).
The Parties will cooperate and reasonably agree upon formats and procedures to facilitate the
orderly and efficient exchange of the Amicus Know-How during the Term.

(b) Provision of Data to the JSC. Upon request by the JSC, each Party shall promptly
provide to the JSC summaries in reasonable detail of all data generated or obtained in the course
of such Party’s performance of activities under the Development Plan.

5.2.4 Sharing of Regulatory Filings. Without limiting Section 5.2.3 above, each Party
shall, upon reasonable request of the other Party, permit the other Party to access, and shall
provide the other Party with sufficient rights to reference and use in association with exercising
its rights and performing its obligations under this Agreement, all of such Party’s, and its
Affiliates’ and, to the extent it has the right to do so, its licensees’ and Sublicensees’ data,
regulatory filings and regulatory communications associated with any submissions of MAAs or other
approvals for Product in the Territory.

5.2.5 Clinical Trial Register. Notwithstanding anything in this Agreement to the
contrary, GSK shall have the right to publish in its clinical trial register the results or
summaries of the results of all clinical trials for the Compound and Product conducted by either
Party, their Affiliates, licensees’ and Sublicensees’ (subject to Sections 5.2.4 and 11.5) in the
Territory pursuant to this Agreement.

5.2.6 Adverse Event Reporting.

(a) Pharmacovigilance Agreement. The Parties shall enter into a pharmacovigilance
agreement on terms no less stringent than those required by ICH guidelines, including: (i)
providing detailed procedures regarding the maintenance of core safety information and the exchange
of safety data relating to the Compound and Products in the Territory within appropriate timeframes
and in an appropriate format to enable each Party to meet both expedited and
periodic regulatory reporting requirements; and (ii) ensuring compliance with the reporting
requirements of all applicable Regulatory Authorities on a worldwide basis for the reporting of
safety data in accordance with standards stipulated in the ICH guidelines, and all applicable
regulatory and legal requirements regarding the management of safety data.

 

	 	 	 
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(b) Adverse Event Reporting. As between the Parties: GSK shall be responsible for
the timely reporting of all Product quality complaints, adverse drug reactions/experiences/events,
Product complaints and safety data relating to the Compound and Product to appropriate Regulatory
Authorities in accordance with the applicable Laws of the relevant countries and Regulatory
Authorities in the Territory. GSK shall respond in a timely manner to safety issues related to the
Product in the Territory, as required pursuant to applicable Law. GSK shall ensure that its
Affiliates and Sublicensees comply with such reporting obligations in the Territory.

(c) Global Safety Database. As between the Parties: GSK shall maintain a unified
worldwide global safety database with respect to the Product in the Territory.

5.2.7 Termination of Ongoing Development and Committee Obligations. The Parties’
obligations under Sections 5.1 and 5.2 (and the Development Plans), and to share Development Costs
under Section 5.1.5 and 5.1.6 above, and Amicus’ supply and Manufacturing obligations under Section
6.5 below, shall terminate ****** after the Effective Date (to the extent such obligations have not
already terminated or expired). At such time, the Joint Steering Committee and all Subcommittees
will terminate. However, each Party will continue to have an approval right with respect to
matters specified to be decided by the Joint Steering Committee or any Subcommittee under this
Agreement. In such event, if the Parties are unable to reach agreement on a matter specified in
this Agreement to have been decided by the Joint Steering Committee or such Subcommittee (other
than the Joint Patent Subcommittee), then the matter shall be determined in accordance with Section
4.1.5(a). Further, in such event, if the Parties are unable to reach agreement on a matter
specified in this Agreement to have been decided by the Joint Patent Subcommittee, then the Parties
shall seek the opinion of mutually acceptable outside counsel (such opinion to be provided within
ten (10) days of instruction) and, if the Parties are unable to agree following receipt of such
outside counsel’s opinion, then such matter shall be referred to the Senior Executives for
resolution. If, after referral to the Senior Executives, notwithstanding anything to the contrary
in Section 4.1.5, such matter has not been resolved, the Senior Executive of GSK shall make the
final decision within ten (10) days of being referred such matter; except that the Senior Executive
of Amicus, not GSK, shall make the final decision with respect to any dispute pertaining to an
Amicus Prosecuted Patent.

 

	 	 	 
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VI. COMMERCIALIZATION AND PROMOTION; TRANSFER OF

MANUFACTURING RESPONSIBILITIES AND INTERIM SUPPLY

6.1 Marketing Plan. Prior to the anticipated Launch of the first Product in the
United States or a Major EU Country, GSK shall prepare the Marketing Plan, which shall include
without limitation the Marketing Strategy, and shall provide such Marketing Plan to the Joint Steering
Committee. GSK, not less frequently than ******, will provide to the JSC summary updates to the
Marketing Plan and summary updates of Commercialization activities undertaken by GSK and its
Affiliates and Sublicensees pursuant to the Marketing Plan ******. In addition, GSK will update
the JSC on a rolling basis during the JSC’s quarterly meetings with respect to activities conducted
pursuant to the then-current Marketing Plan ******. Except for any Commercialization activities
allocated to Amicus pursuant to Section 6.1.2 below, GSK shall carry out all marketing, promotion
and other Commercialization activities of the Products in the Territory in accordance with the
then-current Marketing Plan

6.1.1 GSK’s Responsibility. GSK shall have, in GSK’s sole discretion and at its sole
expense, and using Commercially Reasonable Efforts, the exclusive right to Manufacture (subject to
Section 6.5 below), Commercialize, distribute, market, provide sales force support for and to
promote Product in the Field in the Territory, including, without limitation, the exclusive right
and responsibility for the following in the Territory:

(a) negotiating with relevant governmental authorities and agencies and MCOs to establish
pricing and reimbursement for Products in the Territory;

(b) managed care contracting for Products in the Territory, provided that GSK shall not engage
in any Discriminatory Conduct with respect to managed care (including, Medicare) contracting or
otherwise relating to the Products. For the purposes of this Section 6.1.1(b), “Discriminatory
Conduct” shall be deemed to occur if GSK or its Affiliate discounts the price of or positions
Product in its managed care contracting or otherwise to benefit or increase the sales of other
products of GSK or its Affiliate;

(c) receiving, accepting and filling orders for Products from customers in the Territory;

(d) distributing Products to customers in the Territory;

(e) controlling invoicing, order processing and collecting accounts receivable for sales of
Products in the Territory;

(f) recording sales of Products in the Territory in its books of account for sales;

(g) conducting disease awareness and education programs in the Territory; and

(h) any and all other Commercialization activities, in GSK’s discretion, related to Compound
or Product in the Territory.

 

	 	 	 
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GSK shall use Commercially Reasonable Efforts to Commercialize the Product in each of the
Major Markets.

6.1.2 Amicus’ Responsibilities. Notwithstanding the foregoing, Amicus shall have, and
the Marketing Plan shall provide Amicus with the following, subject to a determination by the JSC
that Amicus shall have such a role, which determination shall be made on reasonable (and in no
event less than three (3) months) written notice to Amicus:

(a) an active role in connection with:

(i) medical affairs activities with respect to Products in the United States;

(ii) medical liaison activities with respect to Products with key opinion leaders in the
United States;

(iii) disease awareness and education and patient advocacy programs with respect to Products
in the United States and such other countries within the Territory as the Parties shall mutually
agree; and

(b) an advisory role in connection with strategic marketing activities and creation and
maintenance of the Marketing Strategy for Products in the United States and such other countries
within the Territory as the Parties shall mutually agree;

provided, however, that any activities conducted by Amicus in connection therewith
would be conducted by Amicus in accordance with the then-current Marketing Plan using Commercially
Reasonable Efforts and with GSK oversight and in full compliance with and adherence to all
applicable GSK policies (to the extent the same and any updates thereto are disclosed to Amicus in
writing) and all applicable Laws.

6.2 Promotional Materials. The determination of the content, quantity, and method of
distribution of any promotional materials for the Compound or Product for the Territory shall be
the sole responsibility of GSK. Subject to Section 6.3, GSK shall own all right, title and
interest in and to all such promotional materials created during the Term of the Agreement,
including any intellectual property rights therein or attendant thereto, excluding any Amicus
Trademark(s) and the Amicus House Marks.

 

	 	 	 
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6.3 Use of Trademarks and House Marks. The Joint Steering Committee will determine
which Trademark or Trademarks will be used in marketing Product in the Territory. Further, all
packaging, and package inserts for Product in the Territory shall, along with the GSK brand name
and logo or other identifying markings of GSK or its Affiliates (collectively, the “GSK House
Marks”), include the Amicus brand name and logo (such Amicus brand name and logo, collectively
“Amicus House Marks”) in reasonable size and prominence as allowed by applicable Law; it
being understood that the exact size, placement and prominence of such Amicus House Marks shall be
determined by GSK in its reasonable discretion. Amicus hereby grants to GSK a non-exclusive,
royalty-free license, with the right to grant sublicenses as provided in Section 2.2, to use the
Amicus House Marks in connection with the developing, making, having made, use, sale, offering for
sale, importation, packaging, distributing and promotion of the Products in the Field in the
Territory. The ownership and all goodwill from the use of the Amicus House Marks shall vest in and
inure to the benefit of Amicus. Solely to the extent necessary to preserve Amicus’s legal rights
in the Amicus House Marks, GSK shall submit to Amicus, not less than fifteen (15) days prior to
their proposed distribution, representative packaging for the Product displaying the Amicus House
Marks for Amicus’s review and written approval solely with respect to GSK’s use of the Amicus House
Marks, which approval will not be unreasonably withheld or delayed. If Amicus has not responded
within thirty (30) days after the submission of such packaging for the Product, Amicus’s approval
to GSK’s use of the Amicus House Marks on such packaging will be deemed to have been received. GSK
may make any subsequent changes to packaging bearing the Amicus House Marks, other than changes to
the Amicus House Marks, without the subsequent approval from Amicus.

6.4 Product Recalls. At the direction of the Joint Steering Committee and subject to
Article XV, GSK will have the responsibility for any total or partial recall or market withdrawal
of a Product in the Territory (whether voluntary or not). Amicus will cooperate with and assist
GSK in effecting such recall or market withdrawal, including making available to GSK, upon request,
all of Amicus’s pertinent records. All costs associated with any total or partial recall or market
withdrawal of the Product in the Territory shall be borne by GSK; provided that to the
extent that such total or partial recall or market withdrawal is as a result of Amicus’s (or
Amicus’s Third Party manufacturer’s) gross negligence or failure to comply with the terms of this
Agreement, all such costs shall be borne by Amicus.

6.5 Manufacturing Responsibilities. From the Effective Date, subject to Sections
6.5.1 and 6.5.2 below, GSK (itself or through an Affiliate) shall have the exclusive right to
Manufacture Compound and Product for distribution in the Territory, including, without limitation,
all batches of drug substance and drug product (including any such batches of drug substance or
drug product planned for use to support registration and validation of Product), and will have the
right, in accordance with the terms of this Agreement, to appoint one or more Third Parties to
Manufacture Compound and Product for such purposes. For the avoidance of doubt, GSK shall have the
ultimate decision making authority over the use of Third Parties in its manufacturing supply chain.

 

	 	 	 
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6.5.1 Transition of Manufacturing and Supply Responsibilities. Promptly following the
Effective Date, Amicus and GSK shall develop and reasonably agree upon a detailed plan (“Supply
Transition Plan”) to transfer to GSK responsibility for Manufacturing of the Compound and
Products for use in the Field in the Territory, such transfer of responsibility to occur no later
than ****** (“Supply Transition Date”). Amicus shall cooperate in good faith with GSK to
effect the transfer of such Manufacturing responsibilities to GSK in an orderly manner in
accordance with the Supply Transition Plan. Without limiting the foregoing, Amicus shall deliver to
GSK in accordance with the Supply Transition Plan, all information Controlled by Amicus (including
such information generated by Amicus’s Third Party manufacturer(s)) as is reasonably necessary or
useful for GSK or its Affiliates or its Third Party manufacturer, to commence Manufacturing Compound
or Product following the Supply Transition Date. In connection therewith, any such Supply
Transition Plan shall incorporate the technology transfer requirements set forth in Schedule
6.5.1 attached hereto, to the extent applicable.

6.5.2 Activities Prior to the Supply Transition Date. During the period on and from
the Effective Date until the Supply Transition Date, as between the Parties, subject to Section
6.5.2(b):

(a) Amicus shall supply, or will direct its Third Party manufacturers to supply, the
requirements of Product and Compound necessary to conduct and complete the clinical studies and
other Development activities under the Development Plan, and the costs of such quantities of
Compound and Product shall be included in the Development Costs to be shared by the Parties
pursuant to Sections 5.1.5 and 5.1.6 and Schedule 5.1.5.

(b) Amicus shall maintain its arrangements with any Third Party manufacturers of the Compound
and/or Products in effect as of the Effective Date and shall, under the direction of GSK, direct
the management of its Third Party manufacturers in existence as of the Effective Date.
Notwithstanding the foregoing, in the event that the JSC determines that the Parties should
re-negotiate a current agreement or arrangement for the supply of the Compound and Products, or
negotiate an agreement for the supply of the Compound and Products with a new Third Party supplier,
including but not limited to any agreement regarding the Manufacture of validation batches of
Compound or Product, then GSK shall have the right to approve such Third Party supplier, to lead
the negotiation of any such agreement in such manner as the Parties may reasonably agree, and to
enter into an agreement with such Third Party regarding the supply of the Compound and Products;
and upon execution of any such agreement between GSK and a Third Party supplier, Amicus shall be
relieved of all of its obligations with respect to all of the activities for the Compound and
Product performed by such Third Party supplier, and GSK shall have no further rights, under this
Section 6.5.2. As between the Parties, Amicus shall be responsible for making any payments due to
any of its Third Party manufacturers with respect to the Compound and/or Products prior to the
Supply Transition Date, it being understood that such amounts shall be included in the Development
Costs to be shared by the Parties pursuant to Sections 5.1.5 and 5.1.6 and Schedule 5.1.5.

 

	 	 	 
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(c) GSK shall have, and Amicus shall procure for GSK, the right for GSK to audit and inspect
each Amicus Third Party manufacturer’s records and those portions of each facility used in the
Manufacture of the active pharmaceutical ingredient, drug substance and drug product related to the
Compound or Product, in each case on reasonable notice (and in any event not less than two (2)
business days) and during normal business hours for the purpose of ensuring compliance with this
Section 6.5.2. Amicus acknowledges that GSK Global Quality Policies and Guidelines (a copy of
which has been provided to Amicus prior to the Effective Date) represent GSK’s interpretation of
cGMPs and that GSK will use the GSK Global Quality Policies and Guidelines to assess whether each
Third Party manufacturer has performed its obligations with
respect to the active pharmaceutical ingredient, drug substance and drug product related to
the Compound or Product in a manner that is consistent with cGMPs. Purposes for such inspections
may include cGMPs compliance, system audits, compiling information for reporting obligations,
compliance with specifications, compliance with quality agreement, financial audits to verify
amounts invoiced to GSK, and/or investigations of complaints and/or compliance with any Laws, the
Environmental, Health and Safety Guidelines, or the terms of this Agreement (including all
representations and warranties of Amicus hereunder).

6.5.3 Activities After the Supply Transition Date. On and from the Supply Transition
Date, as between the Parties:

(a) GSK (itself or through an Affiliate or a Third Party manufacturer) shall have the
exclusive right to Manufacture Compound and Product for distribution in the Territory; except that,
if this Agreement is terminated by Amicus pursuant to Section 13.2 or by GSK pursuant to Section
13.3 with respect to a particular Product(s) and/or in a particular country(ies) of the Territory,
Amicus shall have the non-exclusive right to Manufacture Compound and/or Terminated Products at
locations within the Territory solely for use in the Development of any Terminated Products and/or
for sale and/or use in the Affected Area.

(b) At the written request of GSK, Amicus will assign or facilitate the transfer to GSK of any
agreements between Amicus and its Third Party manufacturers of the Compound and/or Products
existing as of the Effective Date, including any and all such supply and quality agreements with
such Third Party manufacturers, to the fullest extent possible, provided that such
assignment or transfer is permitted under the supply agreement and/or is accepted by GSK and the
Third Party.

(c) GSK agrees to make available, and supply to Amicus, Amicus’s and its Affiliates
requirements of the Compound and the Products necessary or reasonably useful for Amicus to conduct
and complete the Development activities allocated to Amicus and/or its Affiliates under and in
accordance with the then-current Development Plan; and the costs of such quantities of Compound and
Product shall be included in the Development Costs to be shared by the Parties pursuant to Sections
5.1.5 and 5.1.6 and Schedule 5.1.5.

6.5.4 Supply of Compound and Product. Any quantities of Compound and Product to be
supplied by one Party to the other Party pursuant to this Section 6.5 will meet applicable Compound
or Product specifications. The specifications for the Compound and Products as of the Effective
Date attached hereto as Schedule 6.5.4 and shall be amended only upon agreement by the JSC.
In addition, all quantities of Compound and Product supplied by one Party to the other Party
pursuant to this Section 6.5 will not be misbranded or adulterated. All such Compound and/or
Product will be manufactured in accordance with cGMPs; provided, however, that a
Party may supply Compound not manufactured in accordance with cGMP if specifically intended for
non-human testing activities allocated to the other Party under the Development Plan and as agreed
to in writing in advance by such other Party.

 

	 	 	 
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VII. OWNERSHIP AND INTELLECTUAL PROPERTY

7.1 Ownership. Subject to GSK’s license rights under the License and any license
under the Amicus Trademarks and/or Amicus House Marks granted to GSK pursuant to Sections 2.1, 2.4,
or 6.3, as applicable, as between the Parties, Amicus will own or Control the Amicus Intellectual
Property, Amicus Confidential Information, Amicus Know-How, Amicus Trademarks and Amicus House Mark
owned or Controlled by Amicus in the Territory as of the Effective Date. Subject to any license or
other rights granted to Amicus pursuant to the terms of Section 2.3, 2.4, or Section 14.3 below,
GSK will own the GSK Confidential Information, GSK Background IP, GSK Trademarks, and GSK House
Marks owned or Controlled by GSK as of the Effective Date. GSK shall own any Trademarks that are
created or designated by the JSC for use on the Product in the Territory after the Effective Date,
subject to Section 14.3.9.

7.2 Patent Applications on Licensed Technology.

7.2.1 GSK Control of Prosecution. Subject to any restrictions Amicus may have under
any Third Party agreement covering the Amicus Patents included in the Licensed Technology
(including the Background License Agreements) and except for those Amicus Prosecuted Patents
described below, GSK will assume control of, ******, prosecuting and maintaining such Patents
included in the Amicus Patents as of the Effective Date, or which may be filed in any country of
the Territory after the Effective Date, to the extent the same are directed to the Compound or a
Product, and/or Manufacturing and/or use thereof, in the Field in the Territory (such Patents,
excluding the Amicus Prosecuted Patents, are referred to below as the “GSK Prosecuted Amicus
Patents”). A list of the GSK Prosecuted Amicus Patents, as of the Effective Date, is set forth
on Schedule 7.2.1, hereto. Amicus shall have the right, ******, to reasonably assist GSK
in connection with the filing, prosecution and maintenance of any GSK Prosecuted Amicus Patents in
the Territory. GSK shall use diligent efforts consistent with those normally employed by GSK in
the course of business to prosecute and maintain the GSK Prosecuted Amicus Patents described in
this Section 7.2.1 and GSK will, in a timely manner, solicit Amicus’ comments regarding the
prosecution and maintenance of such GSK Prosecuted Amicus Patents and review of the nature and text
of any such Patent application and prosecution matters related thereto, including any
correspondence between GSK and any government intellectual property or Patent authorities, agencies
or other government bodies, in reasonably sufficient time prior to filing thereof, and GSK shall
give due consideration to Amicus’ reasonable amendments to such correspondence. Without prejudice
to Section 7.2.4, in the event that GSK intends to disregard any of Amicus’ amendments, GSK shall
set up a meeting between Amicus’s and GSK’s respective patent counsels to provide explanations
therefor.

 

	 	 	 
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7.2.2 Amicus Prosecuted Patents. Amicus will control, ******, prosecuting and
maintaining the Amicus Patents identified on Schedule 7.2.2 (together with future Patents
claiming priority thereto, the “Amicus Prosecuted Patents”). GSK shall have the right,
******, to reasonably assist Amicus in connection with the filing, prosecution and maintenance of
any such Amicus Prosecuted Patents in the Territory. Amicus shall use diligent efforts consistent
with those normally employed by Amicus in the course of business to prosecute and maintain the
Amicus Prosecuted Patents and Amicus will, in a timely manner, solicit GSK’s comments regarding the prosecution
and maintenance of such Amicus Prosecuted Patents and review of the nature and text of any such
Patent application and prosecution matters related thereto, including any correspondence between
Amicus and any government intellectual property or Patent authorities, agencies or other government
bodies, in reasonably sufficient time prior to filing thereof, and Amicus will give due
consideration to GSK’s reasonable comments and amendments. Without prejudice to Section 7.2.4,
******.

7.2.3 Segregation of Patent Applications. In the event that any Amicus Patent
contains claims to the Compound and/or Products (i.e. is a GSK Prosecuted Amicus Patent) as well as
the Amicus Proprietary Chaperone Technology more broadly or any other compound or product owned or
controlled by Amicus, the Parties shall cooperate in good faith to segregate such Patents to allow
Amicus to control the prosecution and maintenance of Patent applications and Patents pertaining to
subject matter other than the Compound and/or Products. A list of such Segregated Patents as of
the Effective Date is set forth on Schedule 7.2.3 hereto.

7.2.4 Additional Matters. Any disagreements under this Section 7.2 shall be referred
to the Joint Patent Subcommittee for resolution as provided in Section 4.2.1. For purposes of this
Article 7, “prosecution and maintenance” (including variations such as “prosecute and maintain”)
means, with respect to a Patent, the preparing, filing, maintenance and prosecution of such Patent,
as well as the conduct of interferences, oppositions, re-examination, re-issues and other similar
proceedings.

7.3 Program Improvements

7.3.1 To the extent that a Program Improvement is developed by or on behalf of one Party, that
Party will promptly disclose such Program Improvement to the Joint Patent Subcommittee in writing
with all relevant data supporting such Program Improvement.

7.3.2 Each Party will, subject to the terms of Section 7.4, be sole owner of Program
Improvements invented solely by its employees and agents and the employees and agents of its
respective Affiliates and will do and procure all necessary acts, and obtain all necessary
assignments or other instruments as may be required to confer such sole ownership on said Party.
With respect to such solely-invented Program Improvements, the Party owning such Program
Improvement will own any applications for Patent with respect thereto and any Patents issued on
such applications, unless such rights are assigned to the other Party pursuant to Section 7.4.

7.3.3 The Parties will be the joint owners of Program Improvements invented jointly by the
employees and agents of the Parties or the employees and agents of their respective Affiliates and
any Program Patents covering such jointly invented Program Improvements (each a “Joint Program
Patent”). Each Party will do and procure all necessary acts, and obtain all necessary
assignments or other instruments as may be required to confer such joint ownership on the Parties.

 

	 	 	 
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7.3.4 Inventorship under this Agreement shall be determined in accordance with the patent laws
of the United States.

7.4 Abandonment of Patents and Applications. In the event that GSK decides not to
file, continue to prosecute or maintain a GSK Prosecuted Amicus Patent that falls under Section
7.2, or either Party decides not to file, maintain a Patent or to abandon a Patent application or
issued Patent that falls under Section 7.3 (in either case, the “Abandoning Party”), such
Abandoning Party will give written notice to the other Party at least sixty (60) days prior to any
public disclosure, allowing such application to go abandoned, or prior to not taking a necessary
step to maintain such Patent, and the other Party will have the option of taking over the
prosecution or maintenance of such application or Patent at its sole expense. If the other Party
elects to take over the filing, prosecution or maintenance of such application or Patent pursuant
to this Section 7.4, the Abandoning Party or Party giving permission will assign all its right,
title and interest in such application or Patent to the other Party, subject to the Abandoning
Party or Party giving permission retaining a non-exclusive, perpetual, irrevocable, sublicensable,
fully-paid-up license from the other Party to such Patent or Patent application. The Party taking
over prosecution, or maintenance will, in a timely manner, solicit the Abandoning Party’s comments
in prosecution matters related to such applications, including any correspondence between the
Abandoning Party and any government intellectual property or Patent authorities, agencies or other
government bodies, in reasonably sufficient time prior to filing thereof, and shall give due
consideration to the Abandoning Party’s comments. Any disagreements hereunder shall be referred to
the Joint Patent Subcommittee for resolution as provided in Section 4.2.1.

7.5 Cooperation. Each Party will cooperate, and will require its employees,
Affiliates, consultants and subcontractors to cooperate, with all reasonable requests of the other
Party for assistance in preparation and prosecution and maintenance of any applications for Patent
and any Patent issuing therefrom and any applications for Trademark and any registration issuing
therefrom that is owned by the requesting Party hereunder. GSK shall be solely responsible for any
and all costs associated with the GSK Trademarks and GSK House Marks, including any Trademarks
owned by GSK pursuant to Section 7.1 herein. Amicus shall be solely responsible for any and all
costs associated with the Amicus Trademarks and Amicus House Marks.

 

	 	 	 
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7.6 Patent Filing Procedures for Patents relating to Program Improvements.

7.6.1 Program Improvement relating to Compound or Product.

(a) If a Program Improvement relates to Compound or Product, then GSK will determine whether
or not to file a Patent application in the Territory on such Program Improvement. If GSK elects to
file such an application, ****** prosecuting and maintaining any Patents that issue thereon and
will control the prosecution of such application; however, Amicus shall have the right, ******, to
reasonably assist GSK in connection with the filing, prosecution and maintenance of any Patent
applications filed under this Section 7.6.1(a). GSK shall use diligent efforts consistent with
those normally employed by GSK in the course of business to prosecute and
maintain any such Patent application or Patent described in this Section 7.6.1(a) and GSK
will, in a timely manner, solicit Amicus’ comments and review of the nature and text of any such
application and prosecution and maintenance matters related thereto, including any correspondence
between GSK and any government intellectual property or Patent authorities, agencies, or other
government bodies, in reasonably sufficient time prior to filing thereof, and GSK shall give due
consideration to Amicus’ reasonable amendments to such correspondence. ******. Any remaining
disagreements hereunder, including filing, prosecution and maintenance decisions or strategies
and/or any disputes by Amicus regarding GSK’s determination to disregard any of Amicus’ proposed
amendments provided with respect to an application for Patent or Patent described in this Section
7.6.1(a), shall be referred to the Joint Patent Subcommittee for resolution as provided in Section
4.2.1; and

(b) If GSK elects not to file an application for Patent in any country in the Territory
covering any such Program Improvement, GSK shall give Amicus notice thereof at least sixty (60)
days prior to causing in any way such Program Improvement to become unpatentable through
disclosure, sale, or otherwise, and Amicus shall thereafter have the right, at its sole expense, to
prosecute and maintain such Patent application in any such country. Any disagreements hereunder
shall be referred to the Joint Patent Subcommittee for resolution as provided in Section 4.2.1.

7.6.2 Program Improvement not relating to Compound or Product.

(a) If a Program Improvement does not relate to Compound or Product, then Amicus will
determine whether or not to file a Patent application in the Territory on such Program Improvement.
If Amicus elects to file such an application, ****** prosecuting and maintaining any Patents that
issue thereon and will control the prosecution of such application; however, GSK shall have the
right, ******, to reasonably assist Amicus in connection with the filing, prosecution and
maintenance of any Patent applications filed under this Section 7.6.2(a). Amicus shall use
diligent efforts consistent with those normally employed by Amicus in the course of business to
prosecute and maintain any such Patent application or Patent described in this Section 7.6.2(a) and
Amicus will, in a timely manner, solicit GSK’s comments and review of the nature and text of any
such application and prosecution and maintenance matters related thereto, including any
correspondence between Amicus and any government intellectual property or Patent authorities,
agencies, or other government bodies, in reasonably sufficient time prior to filing thereof, and
Amicus shall give due consideration to GSK’s reasonable amendments to such correspondence. ******.
Any remaining disagreements hereunder, including filing, prosecution and maintenance decisions or
strategies, shall be referred to the Joint Patent Subcommittee for resolution as provided in
Section 4.2.1; and

 

	 	 	 
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(b) If Amicus elects not to file an application for Patent in any country in the Territory
covering any such Program Improvement, Amicus shall give GSK notice thereof at least sixty (60)
days prior to causing in any way such Program Improvement to become unpatentable through
disclosure, sale, or otherwise, and GSK shall thereafter have the right, at its sole expense, to
prosecute and maintain such Patent application in any such country. Any disagreements
hereunder shall be referred to the Joint Patent Subcommittee for resolution as provided in Section
4.2.1.

7.7 Orange Book Listing; Patent Term Restoration and Supplemental Protection
Certificates.

7.7.1 GSK’s Obligations. GSK will be responsible for listing with the applicable
Regulatory Authorities in the Territory during the Term of the Agreement, all applicable Patents
included within the Licensed Technology in the U.S. FDA’s Orange Book (or equivalent). Prior to
such listings, the Parties will meet, through the Joint Patent Subcommittee, to evaluate and
identify all applicable Patent rights, and subject to any restrictions Amicus may have under third
party agreements covering the Amicus Patents included in the Licensed Technology (including the
Background License Agreements), GSK will have the right to review, where reasonable, original
records relating to any invention for which Patent rights are being considered for any such
listing. Notwithstanding the foregoing, GSK will determine, in its sole discretion, which Patents
in the Territory included within the Licensed Technology shall be listed in the Orange Book (or
equivalent) for a Product, regardless of which Party owns such Patent. In addition, subject to any
restrictions Amicus may have under third party agreements covering the Amicus Patents included in
the Licensed Technology (including the Background License Agreements), GSK shall determine, in its
sole discretion, to which Patents included within the Licensed Technology (excluding Patents
relating solely to the Amicus Proprietary Chaperone Technology) GSK would apply the U.S.
Hatch-Waxman extension and Supplementary Protection Certificate Extensions and other Patent Term
Extensions for countries in the Territory. The Parties will cooperate with each other in gaining
Patent term extension where applicable to Products. Upon GSK’s reasonable request, Amicus shall
timely provide any documentation or other assistance required in order to obtain such Patent term
extensions, subject to any restrictions Amicus may have under third party agreements covering the
applicable Amicus Patent (including the Background License Agreements).

7.8 Trademark Filing Procedures. The Joint Steering Committee may also designate,
pursuant to Sections 2.4, 4.1.3 and 6.3, a Trademark for use on a Product in the Territory after
the Effective Date. In the event that the Joint Steering Committee so designates a Trademark for
use on a Product after the Effective Date and determines that an application for Trademark
registration shall be made with respect to such designated Trademark (including determining in
which countries within the Territory such Trademark applications shall be filed and maintained),
GSK will undertake to thereafter file and maintain such Trademark application for registration and
Trademark registration, as applicable. GSK shall be solely responsible for filing and maintaining,
at its sole expense, any GSK Trademarks, GSK House Marks and any GSK domain names owned by GSK
prior to the Effective Date and used on or in connection with Product. Amicus shall be solely
responsible for filing and maintaining, at its sole expense, any Amicus Trademarks, Amicus House
Marks and any Amicus domain names owned by Amicus prior to the Effective Date and used on or in
connection with Product. In addition, each Party shall be responsible, at such Party’s expense,
for conducting Trademark searches, filing Trademark applications, and maintaining any Trademark
registrations for any Trademarks that are considered by such Party to be a back-up Trademark
for such Party’s Trademarks or House Marks.

 

	 	 	 
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VIII. ENFORCEMENT AND DEFENSE OF INTELLECTUAL PROPERTY

8.1 Notices. Each Party will advise the Joint Steering Committee and the Joint Patent
Subcommittee promptly upon its becoming aware of: (a) any unlicensed activities which such Party
believes may be an actual or impending infringement of any Patent or other proprietary right owned
or applied for by it or the other Party included in the Amicus Patents or Program Patents by a
Product, or the Development, Manufacture, use, importation, or sale thereof; (b) any attack on or
appeal of the grant of any Patent owned or applied for by it or the other Party to the extent
containing claims to the Compound or a Product or the Development, Manufacture, use, or sale
thereof; (c) any application for Patent by, or the grant of a Patent to, a Third Party in respect
of rights which may be related to the Compound or a Product so as to potentially materially affect
the Development, Manufacture, use, importation, or sale thereof; (d) any application made for a
compulsory license under any Patent owned or applied for by it or the other Party and covering the
Compound or Product or the Development, Manufacture, use, importation, or sale thereof in the
Territory; or (e) any application for Patent by, or the grant of a Patent to, a Third Party in
respect of rights which may claim the same subject matter as, or conflict with, any Patent owned or
applied for by it or the other Party containing claims to the Compound or a Product, or the
Development, Manufacture, use, importation, or sale thereof.

8.2 Control of Actions. Subject to any restrictions Amicus may have under a Third
Party agreement covering the Amicus Patents included in the Licensed Technology (including the
Background License Agreements), GSK will determine whether or not to take whatever legal or other
action is required in response to activities in the Territory requiring notice under Section
8.1(a), (c) or (d) to the extent such activities specifically relate to Compound or Product
(“Protective Action”). If GSK determines that such Protective Action is warranted, in its
sole discretion, then, subject to any restrictions Amicus may have under a Third Party agreement
covering the Amicus Patents included in the Licensed Technology (including the Background License
Agreements), GSK shall, at GSK’s expense, commence, prosecute and control such Protective Action,
including the settlement thereof and the granting of any licenses or sublicense within the scope of
the License in the Territory under any Amicus Intellectual Property or Program Improvement licensed
to GSK hereunder. Amicus will cooperate with GSK in such action, including being joined as a Party
to such action if such joinder is necessary for standing. Each Party may be represented by counsel
of its own selection at its own expense in such Protective Action. Any recovery obtained as a
result of such Protective Action and attributable to activities in the Territory, whether by
judgment, award, decree, or settlement, will, after reimbursement of the Parties for their
reasonable costs and expenses associated with such Protective Action, be treated as Net Sales of
Product. To the extent such recovery is insufficient to reimburse the Parties’ associated
reasonable costs and expenses fully, then a Party’s share of such recovery will be the product of
the total amount recovered with that Party’s reasonable costs and expenses divided by the sum of
both Parties’ reasonable costs and expenses. The Party responsible pursuant to Section 7.2, 7.3 or
7.6 above, as applicable for prosecution and
maintenance of the relevant Patent described in Section 8.1(b), and Section 8.1(e) shall
determine whether or not to take whatever legal or other action is required with respect to the
activities described in Section 8.1(b) and Section 8.1(e). For the avoidance of doubt, Amicus will
determine and control any legal or other action in response to activities equivalent to those
described in Section 8.1(a), Section 8.1(c) and Section 8.1(d) that do not specifically relate to
Compound or Product.

 

	 	 	 
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8.3 Trademark Infringement. Notice regarding potential infringement of and control of
any Protective Action relating to any Amicus Trademark or GSK Trademark in any country of the
Territory related to the Compound or a Product or the Development, Manufacture, use, importation,
or sale thereof in the Territory will be addressed in accordance with the applicable Trademark
License Agreement.

8.4 Third Party Claims. GSK and Amicus will each promptly notify the Joint Steering
Committee and the Joint Patent Subcommittee of any Claim by a Third Party against GSK or Amicus, or
any Affiliate or sublicensee of Amicus or GSK, alleging infringement of such Third Party’s
intellectual property rights as a result of the Development, Manufacture, marketing, sale,
importation, or use of the Compound or Product in the Territory. As directed by the Joint Steering
Committee, the Parties will cooperate and use Commercially Reasonable Efforts to resolve such
claimed infringement, and GSK shall be entitled to lead in the defense and shall select its
counsel, and Amicus shall have the right to participate in such action, and to select its own
counsel at its own expense. If it appears reasonably likely that the claimed infringement will
give rise to a Claim for indemnification hereunder, then the Party against whom such Claim for
indemnification would be made will have the first right to defend against such Claim in accordance
with Article XV.

IX. REPRESENTATIONS AND WARRANTIES

9.1 Representations and Warranties of Both Parties. Amicus and GSK each hereby
represent and warrant to the other, as of the Effective Date, as follows:

9.1.1 It is a corporation, duly organized, validly existing and in good standing under the
laws of the jurisdiction of its incorporation and has all requisite power and authority, corporate
or otherwise, to conduct its business as now being conducted, to own, lease and operate its
properties and to execute, deliver and perform this Agreement.

9.1.2 No consent, approval, order or authorization of, or registration, declaration or filing
with, any governmental agency is required to be obtained or made by or with respect to such Party
in connection with its execution, delivery and performance of this Agreement.

9.1.3 The execution, delivery and performance by it of this Agreement and the transactions
contemplated thereby have been duly authorized by all necessary corporate action and stockholder
action and will not (i) violate any applicable Laws or (ii) result in a breach of or constitute a
default under any material agreement, mortgage, lease, license, permit or other
instrument or obligation to which it is a party or by which it or its properties may be bound
or affected.

 

	 	 	 
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9.2 Representations and Warranties of Amicus. Amicus hereby represents and warrants
to GSK, as of the Effective Date, as follows:

9.2.1 It has the full right, power and authority to enter into this Agreement and to grant the
License to GSK.

9.2.2 Except as otherwise may have been disclosed by Amicus to GSK prior the Effective Date,
Amicus has received no notice that (a) the manufacture, sale, importation or use of the Compound
within the Field as contemplated hereby infringes any Third Party rights, and (b) the Amicus
Patents (to the extent representing issued Patents) are invalid or unenforceable.

9.2.3 To Amicus’s knowledge, there are no errors in the inventorship set forth in any of the
Patent applications comprising Amicus Patents.

9.2.4 Except as provided or limited in Article II, the Amicus Intellectual Property
constitutes all intellectual property that is Controlled by Amicus and used in the Development
and/or Manufacture of the Compound, and Amicus does not Control any additional Patents, Know-How or
information that are necessary for GSK to Develop, Manufacture and Commercialize the Compound.

9.2.5 To Amicus’s knowledge, no Third Party Controls any Patent that is necessary for GSK to
Develop, Manufacture and Commercialize the Compound as such activities are currently conducted or
currently proposed to be conducted.

9.2.6 It has not previously granted any right, license or interest in or to the Amicus
Patents, or any portion thereof, that is in conflict with the rights or licenses granted to GSK
under this Agreement.

9.2.7 There are no investigations, inquiries, actions or other proceedings pending before any
Regulatory Authority with respect to the Compound, and Amicus has not received written notice
threatening any such investigation, inquiry, action or other proceeding.

9.2.8 The Development of the Compound by or on behalf of Amicus has been conducted in
compliance in all material respects with all applicable Laws; and neither Amicus nor to Amicus’s
knowledge, its Third Party contractors, have received any written notice which has led Amicus to
believe that any of the Regulatory Approvals relating to the Compound or Product developed by
Amicus are not currently in good standing with the FDA or EMA and Amicus has no knowledge that any
of its Third Party contractors has developed Compound or Product in a manner that does not comply
in all material respects with all applicable Laws.

 

	 	 	 
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9.2.9 Other than the Background License Agreements, as of the Effective Date, there are no
other agreements to which Amicus is a party or, to Amicus’s knowledge, that would
prevent Amicus from performing its obligations under this Agreement or GSK from exercising the
rights under the Amicus Intellectual Property under and in accordance with the License.

9.2.10 To its knowledge, there is no pending or threatened product liability action in
relation to the Compound, and it is not aware of any grounds for any such product liability action.

9.2.11 Amicus has all material permits, licenses, franchises, authorizations, orders and
approvals of, and has made all filings, applications and registrations with, governmental entities
that are required in order to permit Amicus to own or lease properties and assets and to carry on
its business as presently conducted that are material to Amicus. Amicus has complied and is in
compliance in all material respects with all statutes, laws, regulations, rules, judgments, orders
and decrees of all governmental entities applicable to it that pertain to its business, including
but not limited to compliance with the U.S. Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C.
§§ 78dd-1, et seq.) and any applicable similar laws in foreign jurisdictions in which Amicus is
currently, or has previously, conducted its business or is currently, or has previously, conducted
clinical trials. Amicus has not received any notice from a governmental entity alleging
noncompliance with any such applicable statutes, laws, regulations, rules, judgments, orders and
decrees, and, to the knowledge of Amicus, Amicus is not under investigation with respect to, or
threatened to be charged, with any material violation of any applicable statutes, laws,
regulations, rules, judgments, orders or decrees of any governmental entities.

9.2.12 It has not, up through and including the Effective Date, knowingly withheld any
material information in its possession from GSK in response to GSK’s reasonable inquiries in
connection with GSK’s due diligence relating to the Compound, this Agreement and the underlying
transaction, and to its knowledge, the information related to the Compound that Amicus has provided
to GSK prior to the Effective Date is up-to-date and accurate in all material respects.

9.3 Mutual Limitations on Warranties. OTHER THAN THE REPRESENTATIONS AND WARRANTIES
MADE BY THE PARTIES PURSUANT TO SECTIONS 9.1 AND 9.2, THE PARTIES DISCLAIM ANY AND ALL OTHER
REPRESENTATIONS AND WARRANTIES WHETHER EXPRESS OR IMPLIED, INCLUDING ANY REPRESENTATIONS OR
WARRANTIES OF NON-INFRINGEMENT, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE OR ANY
REPRESENTATIONS OR WARRANTY ARISING FROM COURSE OF DEALING OR USAGE OF TRADE.

 

	 	 	 
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X. COVENANTS

10.1 Conduct of Activities.

10.1.1 Throughout the Term, Amicus and GSK will comply in all material respects with all
applicable Laws concerning the Development, Manufacture, and Commercialization of the Compound or
Products.

10.1.2 Neither Amicus nor GSK, nor any of their respective employees or consultants who shall
be undertaking any activities related to this Agreement or the subject matter thereof, shall have
been debarred or shall be the subject of debarment or other disciplinary proceedings by the FDA or
any Regulatory Authority in the Territory.

10.2 Background License Agreements.

10.2.1 It is understood that certain Patents and Know-How included within the Amicus
Intellectual Property have been in-licensed pursuant to the Background License Agreements and that
the obligations of Amicus and the rights of GSK under this Agreement shall be subject to, and
limited by, the Background License Agreements.

10.2.2 It is further understood that each Background License Agreement may require that
particular provisions be incorporated into a sublicense granted thereunder. The text of any such
provisions in the Background License Agreements is set out on Schedule 10.2 attached hereto
and shall be deemed incorporated by reference into this Agreement. GSK agrees to be bound by the
provisions set out on Schedule 10.2 to the extent applicable to GSK in its capacity as a
sublicensee under each Background License Agreement and, to the extent required by any Background
License Agreement, the relevant Third Party licensor shall be deemed to be a third party
beneficiary of this Agreement for the purposes of enforcing such Third Party licensor’s rights
against GSK in its capacity as a sublicensee under the applicable Background License Agreement. In
addition, GSK, in its capacity as a sublicensee under each Background License Agreement, agrees to
comply with the obligations applicable to sublicensees under such agreement, as set forth on
Schedule 10.2.

10.2.3 Except as the Parties may otherwise mutually agree or as provided in Section 3.5.2(c),
Amicus shall not amend, without the prior written consent of GSK (such consent not to be
unreasonably withheld or delayed), or voluntarily terminate, its rights under any Background
License Agreement in any manner that would materially and adversely affect GSK’s rights and
licenses under this Agreement. Amicus shall promptly notify GSK of any notice of breach delivered
by it, or any termination or amendment of any of the Background License Agreements that materially
and adversely affects GSK’s rights and licenses under this Agreement.

10.3 Non-Compete. ******.

10.4 Non-Solicitation. ******.

 

	 	 	 
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XI. CONFIDENTIAL INFORMATION

11.1 Confidentiality.

11.1.1 During the Term and for five (5) years thereafter, each Party will keep, and cause its
Affiliates and Sublicensees, if any, to keep confidential all Confidential Information of the other
Party, and neither Party, nor any of its Affiliates or Sublicensees, if any, will use or disclose
the Confidential Information of the other Party except as expressly permitted in this Agreement.
The Parties acknowledge that Confidential Information may have been disclosed by either Party or
its Affiliates to the other Party or its Affiliates pursuant to the Confidentiality Agreement. All
information disclosed pursuant to the Confidentiality Agreement will be deemed Confidential
Information of the disclosing Party within the meaning of this Agreement and subject to the terms
hereof.

11.1.2 The fact that a particular item of information is not or has ceased to be Confidential
Information by virtue of one or more of the exclusions specified in the definition of Confidential
Information (the “Excluded Item”) shall not relieve the Party who obtained or received the
Excluded Item from that Party’s obligation of confidentiality and non-use (a) as to any other item
of Confidential Information of the other Party or (b) as to the relationship of the Excluded Item
to any other item of Confidential Information of the other Party.

11.1.3 Each Party hereby acknowledges that the Confidential Information of the other Party is
highly valuable, proprietary, and confidential and that any use or disclosure of the other Party’s
Confidential Information, including any disclosures made to any Person or governmental agency in
connection with the conduct of a clinical study pursuant to Development Plan, will be made only to
the extent reasonably necessary to carry out such Party’s responsibilities or exercise the rights
granted to, or reserved by it, under this Agreement. Any disclosure of the other Party’s
Confidential Information shall be made to an officer, employee, agent, or permitted Sublicensee or
contractor of a Party or any of its Affiliates only if such officer, employee, agent, or permitted
sublicensee is informed of the confidential nature thereof and shall have agreed to hold such
information in confidence and not to use such Confidential Information under confidentiality
provisions at least as stringent as those provided in this Agreement, and each Party shall be
responsible for any breach of such obligation of confidentiality by its or its Affiliates officers,
employees, agents, permitted Sublicensees and/or contractors.

11.1.4 The Parties agree that the obligations of this Section 11.1 are necessary and
reasonable in order to protect the Parties’ respective businesses, and that monetary damages alone
may be inadequate to compensate a Party for any breach by the other Party or any of its Affiliates
or their respective officers, employees, or agents of its covenants and agreements set forth
herein. The Parties agree that any breach or threatened breach of this Section 11.1 may cause
irreparable injury to the injured Party for which damages may not be an adequate remedy and that,
in addition to any other remedies that may be available, in Law and equity or otherwise, such Party
will be entitled to seek equitable relief against the breach or threatened breach of the provisions
of this Section 11.1.

 

	 	 	 
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11.2 Disclosure of Terms; Public Announcements.

11.2.1 Initial Press Release. Notwithstanding Section 11.3 below, the Parties have
agreed on an initial press release of the transaction contemplated by this Agreement which is
attached hereto as Exhibit B (the “Initial Press Release”). The Initial Press
Release may be issued or used by each Party individually or by the Parties jointly on or after the
Effective Date. Thereafter, each Party may disclose the information contained in such press
release without need for further approval by the other.

11.2.2 Further Publicity. The Parties acknowledge the importance of supporting each
other’s efforts to publicly disclose results and significant development regarding the Compound and
Products in the Territory and other activities in connection with this Agreement in the Territory
that reflect information that is not otherwise permitted to be disclosed under this Article 11,
beyond what is required by Law, and each Party may make such public disclosures from time to time
with the approval of the other Party, which approval will not to be unreasonably withheld or
delayed. Such disclosures may include, without limitation, achievement of milestones, significant
events in the Development or regulatory process and/or the Launch of a Product in a Major Market.
When a Party (the “Requesting Party”) elects to make any such public disclosure under this
Section 11.2.2, it will give the other Party (the “Cooperating Party”) at least seven (7)
business days notice to review and comment on such statement, and in any event the Cooperating
Party shall work diligently and reasonably to agree on the text of any proposed disclosure in an
expeditious manner. The principles to be observed in such disclosures shall be accuracy,
compliance with applicable Law and regulatory guidance documents, reasonable sensitivity to
potential negative reactions of the FDA (and its foreign counterparts) and the need to keep
investors informed regarding the Requesting Party’s business.

11.3 Confidential Terms; Required Disclosure. Each Party agrees not to disclose to
any Third Party the terms of this Agreement without the prior written consent of the other Party
hereto, except each Party may disclose the terms of this Agreement to its advisors (including
financial advisors, attorneys and accountants), actual or potential acquisition partners or private
investors, and others on a need to know basis, in each case under appropriate confidentiality
provisions substantially equivalent to those in this Agreement. A Party will be entitled to
disclose the terms of this Agreement and/or Confidential Information of the disclosing Party where
such disclosure is reasonably necessary to prosecute or defend any litigation or otherwise enforce
its rights pursuant to this Agreement, or where demand for such disclosure is made on such Party or
otherwise required pursuant to: (i) a valid order of a court or other governmental body or (ii) any
other applicable Law; provided that if such Party, as the receiving Party, intends to make such
disclosure or receives such demand, to the extent it may legally do so, the receiving Party shall
give the disclosing Party prompt notice thereof to enable the disclosing Party to seek a protective
order or other appropriate remedy concerning any such disclosure. The receiving Party will
co-operate with the disclosing Party at the disclosing Party’s expense in connection with the
disclosing Party’s efforts to obtain any such order or other remedy. If any such order or other
remedy does not fully preclude disclosure, the receiving Party will make such disclosure only to
the extent that such disclosure is legally required and subject
to confidentiality, to the extent available. Notwithstanding the foregoing, the Parties agree
to work together to prepare a redacted version of this Agreement to be filed by Amicus with the
United States Securities Exchange Commission.

 

	 	 	 
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11.4 Clinical Trial Register. Nothing herein shall limit GSK’s right to publish in
its clinical trial register the results or summaries of the results of all clinical trials for the
Compound or Products in the Territory as set forth in Section 5.2.5 herein.

11.5 Publications. Except as otherwise expressly set forth herein and subject to JSC
review and approval of plans for publications as set forth in Section 4.1.3 (h) and excluding
publications made pursuant to Section 11.4, GSK shall have the right to publish manuscripts,
abstracts, or other articles in scientific journals pertaining specifically to any Product in the
Territory without obtaining the prior written consent of Amicus, and subject to the procedures
specified in this Section 11.5; provided, however, that Amicus shall have the right
to review and comment upon, such comments to be considered by GSK in good faith, such manuscripts,
abstracts, or other articles in which an Amicus employee is also named as an author or which
includes Know-How or other information pertaining specifically to the Compound or a Product that
has not previously been published pursuant to this Section 11.5. Amicus may publish manuscripts,
abstracts, or other articles in scientific journals pertaining specifically to Compound or Product
in the Territory upon the prior written consent of GSK, such consent not to be unreasonably
withheld. In the event that either Party desires to make a publication pursuant to this Section
11.5, such Party shall provide a copy of the proposed manuscript (including abstracts, or
presentation to a journal, editor, meeting, seminar or other third party) to the other Party for
its review and comments at least forty-five (45) days (or fourteen (14) days for any abstract
submitted to a conference) prior to submission of such proposed manuscript for publication; the
object being to prevent either the endangerment of applications for the protection of intellectual
property rights by premature publications detrimental to their novelty or the disclosure of
Confidential Information. If, during the forty-five (45) days (or fourteen (14) days, as
applicable) specified above the non-publishing Party notifies the other Party that a proposed
manuscript contains patentable subject matter which requires protection, the non-publishing Party
may require the delay of the publication for a period of time not to exceed forty-five (45) days
(or fourteen (14) days, for any abstract submitted to a conference) for the purpose of allowing the
pursuit of such protection. The publishing Party shall delete from the proposed manuscript prior
to submission all Confidential Information of the non-publishing Party that the non-publishing
Party identifies in good faith and requests to be deleted. If no response is received from the
non-publishing Party within forty-five (45) days (or fourteen (14) days, as applicable) of the date
the proposed manuscript was submitted to the non-publishing Party, it may be conclusively presumed
that the publication may proceed without delay. Notwithstanding the foregoing, but without
limiting either Party’s rights under Section 11.3, in the event that a Party believes in good faith
that it is obligated or appropriate to disclose any information pertaining to the safety of a
Product, then such Party shall immediately notify the other Party and the Senior Executives of each
Party shall meet within ****** thereafter to discuss disclosure of such information. In the event
that the Senior Executives are unable to agree upon whether or not to disclose such information
within ****** after such meeting,
then the matter shall be referred to the Joint Steering Committee, which shall meet shall meet
as expeditiously as possible to fully and finally resolve the dispute.

 

	 	 	 
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XII. CHANGE OF CONTROL

12.1 Change of Control of Amicus. Amicus shall notify GSK in writing within fifteen
(15) days of the closing of any Change of Control of Amicus. If, during the Term, a Change of
Control event occurs that involves a Major Pharmaceutical Company, then:

12.1.1 Amicus’ rights and obligations to participate in any Commercialization activities shall
automatically terminate, effective as of the effective date of the closing of the Change of Control
event, without the need for further notice of such termination;

12.1.2 GSK shall have the right, exercisable in GSK’s sole discretion upon written notice to
Amicus, to terminate any and all of Amicus’ rights to co-Develop Product with GSK pursuant to this
Agreement; and in such case, all of Amicus’ rights and obligations to share in Development Costs
incurred in the Development of Products under Sections 5.1.5 and 5.1.6 and Schedule 5.1.5
shall also terminate;

12.1.3 All of the rights and licenses granted to GSK pursuant to this Agreement shall continue
in full force and effect, unchanged and unaffected; and

12.1.4 GSK shall have the right to terminate and dissolve the JSC and to take any actions, or
make any decisions, in its sole discretion, previously reserved for the JSC. Notwithstanding the
foregoing, in such event, GSK shall not have the right to terminate and dissolve the Joint Patent
Subcommittee, and the Joint Patent Subcommittee shall continue in effect with the responsibilities
described in, and decisions made in accordance with, Section 4.2.1 until the last Patent
application included within the Licensed Technology or Program Patents Controlled by GSK has been
granted or rejected in a final, unappealable decision by the relevant governmental authority after
which GSK may terminate and dissolve the Joint Patent Subcommittee, and all obligations of the
Joint Patent Subcommittee shall vest exclusively in GSK, including the right to make a final
decision on matters originally within the scope of responsibilities of the Joint Patent
Subcommittee, except that Amicus, not GSK, shall have the right to make the final decision with
respect to any matter pertaining to an Amicus Prosecuted Patent.

12.2 Divestment of Product.

12.2.1 If, as a result of a Change of Control of Amicus, Amicus becomes obligated to divest
rights to the Compound and/or Product in one (1) or more countries in the Territory, Amicus shall
promptly notify GSK in writing. Within ****** of the date of such notice from Amicus, GSK shall
notify Amicus in writing whether or not it is interested in acquiring all of Amicus’ rights to the
Compound and Product in such country or countries in the Territory (“Election Notice”). If
GSK does not provide an Election Notice to Amicus within such ****** period,
Amicus shall be free to grant one or more Third Parties rights to acquire the Compound and
Product in the applicable country or countries of the Territory, without further obligation to GSK
under this Section 12.2.

 

	 	 	 
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12.2.2 If GSK does provide an Election Notice to Amicus within the ****** period specified in
Section 12.2.1 above, the Parties shall discuss mutually acceptable terms upon which GSK may
acquire all of Amicus’ rights to the Compound and Product in such country or countries in the
Territory, including all of Amicus’ co-Development and Commercialization participation rights with
respect to the Product in such country or countries of the Territory. If the Parties agree on such
terms, the Parties shall prepare and execute a definitive agreement setting forth the agreed terms
(“Product Acquisition Agreement”). If the Parties have not entered into a Product
Acquisition Agreement within ****** after the date of such Election Notice (“Negotiation
Period”), then Amicus shall be free to complete a sale of the Compound and Product in such
country or countries in the Territory to a Third Party without further obligation to GSK under this
Section 12.2; provided that Amicus shall not complete a sale of the Compound and Product in such
country or countries in the Territory to a Third Party on financial terms more favorable than the
last financial terms upon which Amicus offered such rights to GSK during the Negotiation Period
without first following the procedures set forth in Section 12.2.3 below.

12.2.3 If Amicus wishes to offer to a Third Party the right to acquire the Compound and
Product in the applicable country or countries of the Territory on financial terms that are more
favorable than the last financial terms upon which Amicus offered such rights to GSK, then to the
extent that Amicus has a continuing obligation to GSK under Section 12.2.2, Amicus shall provide
notice of the same to GSK (“Re-Offer Notice”) and provide a revised term sheet of proposed
terms (“Revised Terms”). In such event, the Parties shall repeat the procedures of Section 12.2.2,
except that the Negotiation Period shall be ****** from the date of the Re-Offer Notice and GSK’s
Election Notice must be provided within ****** of its receipt of the Re-Offer Notice. If GSK
provides an Election Notice pursuant to this Section 12.2.3 and desires to accept the Revised
Terms, it shall so agree in writing within the ****** Negotiation Period, in which case the Parties
shall enter into a Product Acquisition Agreement reflecting such Revised Terms and such other terms
as are reasonable.

12.2.4 The only obligations of GSK and Amicus under this Section 12.2 are as expressly stated
herein, and there are no further implied obligations relating to the matters contemplated herein.
Without limiting the foregoing, Amicus is not obligated at any time to disclose the identity of any
Third Party with whom it is discussing a Third Party agreement. Notwithstanding the foregoing, in
no event shall GSK’s rights and licenses to the Product be altered by any such divestiture by
Amicus to a Third Party of Amicus’s rights to the Product in a country or countries of the
Territory.

 

	 	 	 
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12.3 Amicus Intellectual Property. Notwithstanding any provision of this Agreement,
in the event of a Change of Control of Amicus, the scope of the Licensed Technology (including the
Amicus Patents, Amicus Know-How and other Amicus Intellectual Property) and the Compound
and Product and the rights and licenses granted to GSK with respect to the Compound and
Products under this Agreement (including those in Sections 2.1, 2.2, 5.1.7 and 5.2.4 and Article
11), shall not include, and nothing herein shall be construed to include, any of the Patents,
Know-How or other intellectual property or subject matter that (i) was owned or Controlled by the
acquiring entity or its Affiliates prior to the closing of such Change of Control of Amicus, or
(ii) any intellectual property rights that the acquiring entity or any of its Affiliates develops
following a Change of Control of Amicus independently without using any of the Amicus Intellectual
Property.

12.4 For the avoidance of doubt, except as set out in this Article 12, a Change of Control of
Amicus shall not otherwise affect the rights or obligations of the Parties with respect to the
Compound and Products in the Territory under this Agreement, and shall not be deemed to modify or
expand the scope of GSK’s rights under Section 2.1 above.

XIII. TERM AND TERMINATION

13.1 Term. This Agreement shall commence on the Effective Date, and unless terminated
earlier as provided in this Article XIII, shall continue in full force and effect on a
country-by-country and Product-by-Product basis until the expiration of the Royalty Term in each
country in the Territory (the “Term”). Upon the expiration of the Royalty Term in each
country of the Territory, subject to Section 3.5.2(b), GSK shall have a perpetual, exclusive,
fully-paid up, royalty-free license in such country under the Licensed Technology to make, have
made, use, sale, offer for sale and import Product in such country.

13.2 Termination for Material Breach. Either Party may terminate this Agreement in
its entirety, or at the non-breaching Party’s discretion, on a country-by-country or
Product-by-Product basis, by written notice to the other Party in the event that the other Party is
in material default or material breach of any of its obligations hereunder, and fails to remedy
such default or breach within a period of ****** after written notice thereof was provided to the
breaching Party by the non-breaching Party. Any such termination shall become effective at the end
of such ****** period unless the breaching Party has cured any such breach or default prior to the
expiration of the ****** period.

13.3 Termination for Convenience. GSK may terminate this Agreement in its entirety,
or on a country-by-country or Product-by-Product basis, for any reason whatsoever, upon ******
prior written notice to Amicus.

13.4 Bankruptcy. Either Party may terminate this Agreement in its entirety at any
time during the Term by giving written notice to the other Party if the other Party files in any
court or agency pursuant to any statute or regulation of any state or country, a petition in
bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a
receiver or trustee of the Party or of its assets, or if the other Party is served with an
involuntary petition against it, filed in any insolvency proceeding, and such petition will not be
dismissed within ****** after the filing thereof, or if the other Party makes a general assignment
for the benefit of creditors.

 

	 	 	 
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13.5 By Mutual Consent. The Parties may terminate this Agreement in its entirety or
on a Product-by-Product or country-by-country basis at any time and for any reason during the Term
upon their mutual written agreement.

13.6 Termination of Amicus’ Co-Development Right for Product. After ******, Amicus
may, in its sole discretion, elect to terminate its right to co-Develop Products with GSK pursuant
to Section 5.1 and to share Development Costs incurred in the Development of Products pursuant to
Sections 5.1.5 and 5.1.6 and Schedule 5.1.5 (such option, the “Co-Development
Opt-Out”). To exercise the Co-Development Opt-Out, Amicus shall provide written notice to GSK
(“Co-Development Opt-Out Notice”) at least ******prior to the beginning of the first
Quarter in which Amicus wishes such Co-Development Opt-Out to take effect, which notice shall not
be given prior to ****** (“First Opt-Out Quarter”). Upon delivery of the Co-Development
Opt-Out Notice, Amicus’s Co-Development rights with respect to the Products pursuant to Section
5.1, and Amicus’ obligations to pay Development Costs incurred in the Development of Products
pursuant to Sections 5.1.5 and 5.1.6 and Schedule 5.1.5, shall terminate as of the first
day of the First Opt-Out Quarter and the royalty rates applicable to Net Sales of Products
specified in Section 3.4.1 shall be reduced in accordance with the specific methodology for such
reduction set forth in Schedule 13.6.

XIV. EFFECTS OF TERMINATION

14.1 Accrued Obligations. The expiration or termination of this Agreement for any
reason shall not release either Party from any liability that, at the time of such expiration or
termination, has already accrued to the other Party or that it is attributable to a period prior to
such expiration or termination, nor will any termination of this Agreement preclude either Party
from pursuing any and all rights and remedies it may have under this Agreement, or at law or in
equity, with respect to breach of this Agreement.

14.2 Rights upon Termination by GSK for Amicus Breach. If GSK terminates this
Agreement in its entirety, or terminates this Agreement with respect to a Product or country,
pursuant to Section 13.2, then the provisions of this Section 14.2 shall apply. As used in this
Section 14.2 and Section 14.3 below, “Affected Area” shall mean the Territory in the case
of termination of this Agreement in its entirety, or the terminated country(ies) in the case of
termination of this Agreement with respect to such country(ies) and “Terminated Product(s)”
shall mean the Compound and all Products in the case of termination of this Agreement in its
entirety, or the terminated Product(s) in the case of termination of this Agreement with respect to
such Product(s).

 

	 	 	 
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14.2.1 Licenses.

(a) The License granted to GSK pursuant to Section 2.1 above will survive any such termination
and will convert to an irrevocable exclusive license, with the right to sublicense in accordance
with Section 2.2, under the Licensed Technology solely with respect to the
Terminated Products in the Affected Area. The licenses granted to GSK under any Amicus
Trademark pursuant to a Trademark License Agreement and/or the Amicus House Marks pursuant to
Section 6.3 will also survive any such termination and will convert to an irrevocable license
solely with respect to the Terminated Products in the Affected Area, with the right to sublicense
in accordance with the applicable Trademark License Agreement or Section 6.3, as applicable; unless
Amicus assigns any Amicus terminated Product Trademark to GSK in accordance with Section 14.2.2
below, in which event GSK’s license under the applicable Amicus Terminated Product Trademark
pursuant to the Trademark License Agreement shall terminate upon the assignment of such Amicus
Terminated Product Trademark to GSK.

(b) The licenses granted by GSK to Amicus pursuant to Section 2.3(a) to Develop the Compound
and Product in the Field in the Territory in accordance with Article V shall survive any
termination of this Agreement by GSK pursuant to Section 13.2; unless GSK terminates this Agreement
pursuant to Section 13.2 in its entirety. If such termination by GSK occurs prior to the Supply
Transition Date, the Parties will work together in good faith to complete all activities under the
Supply Transition Plan as soon as possible after the date of such termination.

14.2.2 Assignment of Amicus Trademarks. Within ****** after the effective date of
termination, upon request by GSK, Amicus shall either return to GSK or destroy all tangible items
pertaining to a Terminated Product in any country of the Affected Area and comprising, bearing or
containing any GSK Trademark and/or GSK House Marks that is in Amicus’ possession. Effective upon
the effective date of termination, Amicus shall cease to use all Trademarks and trade names of GSK
(including the GSK House Marks and all GSK Trademarks) with respect to the Terminated Products in
the Affected Area, and all rights granted to Amicus hereunder to use such Trademarks and trade
names of GSK with respect to the Compound and Terminated Products in the Affected Area shall
terminate. In addition, at GSK’s option, which shall be exercised by written notice to Amicus, and
upon payment by GSK of the out-of-pocket costs of assignments and of the out-of-pocket costs
incurred to identify, design and register (including but not limited to clearance filing and
maintaining) any Amicus Trademark selected by the JSC for use with each Terminated Product in the
Affected Area (each, an “Amicus Terminated Product Trademark”), Amicus shall promptly
assign to GSK, at no additional cost to GSK (including no royalty obligations), all rights of
Amicus and its Affiliates in and to such Amicus Terminated Product Trademarks, including all
registrations and applications for registration for such Amicus Terminated Product Trademarks in
the Affected Area and all associated goodwill. For the avoidance of doubt, the foregoing shall not
include any Amicus House Marks. Further, upon payment by GSK of the out-of-pocket costs of
assignment and registration, Amicus shall transfer to GSK all domain names established by Amicus
for use with a Terminated Product in any country of the Affected Area.

 

	 	 	 
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14.2.3 Development. If GSK terminates this Agreement in its entirety, at GSK’s
election exercisable on written notice to Amicus no later than ****** following the effective date
of any such termination, GSK may assume the conduct of all Development activities allocated to
Amicus under the then-current Development Plan and all Commercialization activities allocated to
Amicus under the then-current Marketing Plan (if any) in respect of the Products and thereafter,
GSK will perform any and all such Development and/or Commercialization activities thereunder
in accordance with the terms of this Agreement. Following GSK’s termination and election to assume
such Development and Commercialization activities, Amicus shall have no further rights or
obligations to Develop or Commercialize the Products in the Territory, or to share in the
Development Costs incurred in the performance of the Development Plan after the date of such notice
of election from GSK. If GSK so elects, then GSK may off-set Amicus’ share (determined in
accordance with Section 5.1.5) of any documented, out-of-pocket expenses that GSK incurs directly
as a result of the assumption, and the conduct of any Development activities allocated to Amicus
under the Development Plan in effect as of the date of any such termination that are assumed by GSK
pursuant to this Section 14.2.3 against any milestone or royalty payments owed to Amicus but not
yet paid by GSK under Section 3.3 prior to the date of GSK’s notice to Amicus of the applicable
breach issued pursuant to Section 13.2. If GSK terminates this Agreement pursuant to Section 13.2
only with respect to a particular Product(s) and/or particular country(ies), the rights and
obligations of the Parties with respect to the Development of Products and related maters set forth
in Article V of this Agreement shall survive with respect to the Terminated Products in the
Affected Area.

14.2.4 Payment Obligations. Subject to Section 14.2.3, the obligations of GSK, and
the rights of Amicus, under Article III with respect to Terminated Products in the Affected Area
will survive any such termination.

14.2.5 Committees. For the avoidance of doubt, upon termination by GSK of this
Agreement in its entirety pursuant to the terms of Section 13.2 or 13.4, the Joint Steering
Committee shall cease to exist and, subject to this Section 14.2.5 below, all obligations of the
Joint Steering Committee shall vest exclusively in GSK, including the right to make a final
decision on matters originally within the scope of responsibilities of the Joint Steering
Committee, subject to Section 4.4. Notwithstanding the foregoing, GSK shall not have the right to
terminate and dissolve the Joint Patent Subcommittee, and the Joint Patent Subcommittee shall
continue in effect with the responsibilities described in, and decisions made in accordance with,
Section 4.2.1 until the last Patent application included within the Licensed Technology or Program
Patents Controlled by GSK has been granted or rejected in a final, unappealable decision by the
relevant governmental authority after which GSK may terminate and dissolve the Joint Patent
Subcommittee, and all obligations of the Joint Patent Subcommittee shall vest exclusively in GSK,
including the right to make a final decision on matters originally within the scope of
responsibilities of the Joint Patent Subcommittee, except that Amicus, not GSK, shall have the
right to make the final decision with respect to any matter pertaining to an Amicus Prosecuted
Patent.

14.2.6 Additional Matters.

(a) Upon any termination of this Agreement by GSK pursuant to Section 13.2, all of the Parties
rights and obligations under Articles VII and VIII with respect to the Licensed Intellectual
Property, Program Patents and Program Improvements shall survive.

 

	 	 	 
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(b) Upon termination of this Agreement by GSK pursuant to Section 13.2: (i) with respect to
all Products in a particular country(ies), all of the Parties’ rights and obligations under the
Agreement with respect to all Products in all countries outside of such Affected Area shall
survive; or (ii) with respect to a Product(s), but not all Products, all of the Parties’ rights and
obligations under the Agreement with respect all such Products (i.e., the non-Terminated Products)
in the Territory shall survive.

14.2.7 Non-Compete.  ******.

14.2.8 Transition. Without limiting the foregoing, following termination as set forth
herein, Amicus shall use Commercially Reasonable Efforts to cooperate with GSK and/or its designee
to effect a smooth and orderly transition of any Development, Manufacturing or Commercialization
activities with respect to a Terminated Product(s) in the Affected Area that were, prior to such
termination, allocated to Amicus under the Development Plan, the Supply Transition Plan and/or the
then-current Marketing Plan, respectively.

14.3 Rights upon Termination by Amicus for GSK Breach; or Termination by GSK for
Convenience. If Amicus terminates this Agreement in its entirety pursuant to Section 13.2, or
if GSK terminates this Agreement in its entirety or terminates this Agreement with respect to a
particular Product(s) or country(ies) in the Territory, in each case pursuant to Section 13.3, then
the provisions of this Section 14.3 shall apply.

14.3.1 Licenses. Effective as of the date of termination, Amicus shall have and is
hereby granted by GSK a non-exclusive, irrevocable license, with the right to grant sublicenses,
under any Program Improvements and Program Patents that are Controlled by GSK or its Affiliates,
and any other Patents Controlled (to the extent such Patents are in-licensed, solely to the extent
that GSK has the right to grant sublicenses under its licensed rights) by GSK or its Affiliates on
the effective date of termination that are necessary and actually practiced prior to termination of
this Agreement by GSK or its Affiliates in Developing, Manufacturing, Commercializing and otherwise
exploiting the Compound and Terminated Products, for the purposes of Developing, Manufacturing,
Commercializing and otherwise exploiting the Compound and Terminated Products for the Affected
Area. Following the effective date of termination, the License granted by Amicus to GSK under the
Licensed Technology with respect to the Terminated Product(s) in the Affected Area shall convert to
a non-exclusive license and shall be limited: (i) to the use of the Licensed Technology for the
purposes of permitting GSK to comply with its obligations under this Section 14.3 for the
applicable periods described in Sections 14.3.2, 14.3.3 and 14.3.6 below; except that (ii) GSK
shall continue to have a non-exclusive license under the Licensed Technology to make and/or have
made the Terminated Product(s) in the Affected Area solely for use and sale within the Territory,
unless or until this Agreement is terminated in its entirety. Except as provided in the preceding
sentence for the applicable periods described in such sentence, the License, and all of GSK’s
rights, under the Licensed Technology with respect to the Terminated Products in the Affected Area
shall terminate and shall automatically revert to Amicus upon any such termination of this
Agreement. Further, any licenses granted by Amicus to GSK under the Amicus Trademarks and/or
Amicus House Marks granted pursuant to a Trademark License Agreement and/or Section 6.3, respectively, for the
Terminated Products in the Affected Area shall immediately terminate, except to the extent
necessary for the purposes of permitting GSK to comply with its obligations under this Section 14.3
for the applicable periods described in Sections 14.3.2, 14.3.3 and 14.3.6 below; and subject to
the foregoing, all right, title and interest in and to such Amicus Trademarks and Amicus House
Marks with respect to the Terminated Product(s) in the Affected Area shall automatically revert to
Amicus.

 

	 	 	 
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14.3.2 Development. In the event that, on the date of notice of such termination,
there are any ongoing clinical trials of any Terminated Product in the Affected Area (or, if the
Affected Area is less than the entire world, any ongoing clinical trials of any Terminated Product
that are specifically directed to the requirements of a country within the Affected Area) (each, an
“Ongoing Trial”), to the extent and as requested by Amicus, following the effective date of
termination, GSK will promptly transition to Amicus or its designee, or complete such Ongoing
Trial(s). During the period in which GSK is performing activities in accordance with this Section
14.3.2, GSK will remain responsible for GSK’s share under Sections 5.1.5 and 5.1.6 of (i) any
Development Costs incurred in the continued conduct of such Ongoing Trials and (ii) any
Out-of-Pocket Expenses incurred by Amicus or GSK to transition any Ongoing Trials (or portion
thereof) to Amicus or its designee, as requested by Amicus.

14.3.3 Commercialization. To avoid disruption of supply of any Terminated Products to
patients if this Agreement is terminated after the Launch of a Terminated Product in the Affected
Area, GSK, its Affiliates and Sublicensees shall continue to sell the Terminated Products in each
country of the Affected Area for which Marketing Approval of such Terminated Product has been
obtained, in accordance with the terms and conditions of this Agreement, until the date on which
Amicus notifies GSK that Amicus has secured an alternative distributor or licensee for such
Terminated Product in such country of the Affected Area, but in no event more than ****** after the
effective date of any such termination of this Agreement (“Wind-Down Period”); provided
that Amicus may terminate the Wind-Down Period in any country(ies) of the Affected Area upon ******
written notice to GSK; provided further that GSK shall not be obligated to promote the sale of
Terminated Products in the Affected Area during the Wind-Down Period. Notwithstanding any other
provision of this Agreement, during the Wind-down Period, GSK’s and its Affiliates’ and
Sublicensees’ rights with respect to the Terminated Products in the Affected Area shall be
non-exclusive and, without limiting the foregoing, Amicus shall have the right to engage one or
more other distributor(s) and/or licensee(s) of any Terminated Product in all or part of the
Affected Area; provided, however, that in the event that Amicus does so engage one
or more other distributor(s) and/or licensee(s) of any Terminated Product in all or part of the
Affected Area, GSK shall have no further obligation to continue to sell the Terminated Products in
the Affected Area or such part thereof, as applicable. Any Terminated Product sold or disposed by
GSK in the Affected Area during the Wind-down Period shall be subject to applicable royalty payment
obligations under Section 3.4 above, and for such purposes, Sections 3.4, 3.5, 3.7, 3.8, 3.9 and
3.11 shall survive. Within ****** following the expiration of the Wind-Down Period, GSK shall
notify Amicus of any quantities of Compound or Terminated Product(s) remaining in GSK’s or its
Affiliate’s inventory, as well as any components necessary for the Manufacture of the Compound and
Terminated Product(s)
in GSK’s or its Affiliate’s inventory, and Amicus shall have the option, upon notice to GSK,
to repurchase any such quantities of the Compound and/or Terminated Product(s) and/or components
from GSK at a price to be mutually agreed by the Parties. If Amicus so elects to purchase any
remaining quantities of Compound or Terminated Products or components from GSK as set forth herein,
GSK will transfer to Amicus such quantities of inventory of Compound or Terminated Product(s) or
components.

 

	 	 	 
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14.3.4 Data and Know-How. GSK will, at the request of Amicus, provide Amicus complete
access to, and/or copies of, documentation pertaining to all preclinical and clinical data and all
regulatory data, and all other Program Improvements, in each case as necessary for Amicus to
Develop, Manufacture and Commercialize the Compound and the Terminated Product(s) as of the date of
termination (including all Know-How pertaining to the Manufacture of the Compound and Terminated
Products, including Know-How corresponding to that described in Schedule 6.5.1), that are
Controlled by GSK or its Affiliates, and Amicus shall have, and is hereby granted by GSK, an
irrevocable, non-exclusive, royalty-free right and license, with the right to sublicense, to use
and disclose all such data and other Program Improvements following any such termination of this
Agreement in accordance with the license granted to Amicus pursuant to Section 14.3.1 above. In
addition, all such data and other Program Improvements generated by or under authority of GSK or
its Affiliates hereunder during the term of the Agreement shall, to the extent specifically
pertaining to a Terminated Product in the Affected Area (as well as, if any such termination
applies to this Agreement in its entirety, such items to the extent specifically pertaining to the
Compound), be deemed Confidential Information of Amicus to be used solely in connection with the
Compound and/or Products and not Confidential Information of GSK (and will not be subject to the
exclusions under Section 1.35(a) and (d) above).

14.3.5 Regulatory Filings. At Amicus’ option, which shall be exercised by written
notice to GSK, GSK will assign and transfer (or cause to be assigned and transferred) to Amicus or
its designee (or to the extent not so assignable, GSK shall take all reasonable action to make
available to Amicus or its designee the benefits of) all regulatory submissions and filings and
marketing approvals (including all INDs, MAAs and Marketing Approvals) related to the Compound or
the Terminated Product(s) in the Affected Area, including such regulatory submissions and
registrations made or owned by GSK’s Affiliates and Sublicensees. In each case, unless otherwise
required by any applicable Law, GSK shall use all reasonable efforts to make such foregoing
assignment (or availability), within ****** after the effective date of any such termination (or,
with respect to any such regulatory filings pertaining to an Ongoing Trial that GSK is continuing
to conduct pursuant to Section 14.3.2 above, within ****** after the completion of such Ongoing
Trial), provided, however, that in the event that GSK is unable to make such
assignment or to make such regulatory filings available to Amicus within ****** after the effective
date of any such termination (or the completion of such Ongoing Trial, as applicable) due to
factors beyond GSK’s reasonable control, then GSK shall so notify Amicus and (including the reason
for any such delay) prior to the expiration of such ****** period and the Parties shall mutually
agree (such agreement not to be unreasonably withheld by either Party) an appropriate extension to
such ****** period.

 

	 	 	 
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14.3.6 Supply. If GSK is Manufacturing, itself or through a Third Party, Compound or
any Terminated Product (each a “GSK Supplied Material”), upon request by Amicus, GSK will,
or will cause such Third Party to, supply Amicus with its (and its Affiliates’ and licensees’)
reasonable requirements of each GSK Supplied Material at GSK’s Manufacturing Costs therefor
(provided that such Manufacturing Costs of GSK shall not differ substantially from GSK’s
Manufacturing Costs for the applicable GSK Supplied Material in the year immediately prior to the
Wind Down Period) and on customary terms with respect to quality, ordering and delivery, until
Amicus, on a material-by-material basis, using Commercially Reasonable Efforts, is able, itself or
through a Third Party, to Manufacture such GSK Supplied Material to meet such reasonable
requirements for the Terminated Products in the Affected Area, but in no event shall GSK be
obligated to supply Amicus with GSK Supplied Material for more than ****** as provided in this
Section 14.3.6. If GSK is Manufacturing the Terminated Products for the Affected Area through a
Third Party, upon Amicus’ request, GSK shall use Commercially Reasonable Efforts to transition to
Amicus its arrangement with such Third Party contractor.

14.3.7 Transition. Without limiting the foregoing, GSK shall use Commercially
Reasonable Efforts to cooperate with Amicus and/or its designee to effect a smooth and orderly
transition in the Development, sale and ongoing marketing, promotion and Commercialization of all
Terminated Product(s) in the Affected Area following termination as set forth herein.

14.3.8 Sublicensees. Any contracts with Sublicensees of any Terminated Product in the
Affected Area engaged by GSK, other than GSK’s Affiliates, shall be assigned to Amicus to the
extent GSK has the right to do so and Amicus so requests. In the event such assignment is not
requested by Amicus or GSK does not have the right to do so, then the rights of such Sublicensees
with respect to the Terminated Product in the Affected Area shall terminate upon termination of
GSK’s rights with respect to the Terminated Products in the Affected Area. GSK shall ensure that
its Affiliates and such Sublicensees (if not assigned to Amicus pursuant to this Section 14.3.8)
shall transition all Terminated Products in the Affected Area back to Amicus in the manner set
forth in this Section 14.3 as if such Affiliate or Sublicensee were named herein.

14.3.9 Trademarks.

(a) Within ****** after the end of the Wind-Down Period upon request by Amicus, GSK shall
either return to Amicus or destroy all tangible items pertaining to a Terminated Product in each
country of the Affected Area and comprising, bearing or containing any Amicus Trademark and/or the
Amicus House Marks that is in GSK’s possession. Effective upon the end of the Wind-Down Period,
GSK shall cease to use all Trademarks and trade names of Amicus (including the Amicus House Marks
and all Amicus Trademarks) with respect to the Terminated Products in the Affected Area, and all
rights granted to GSK hereunder to use such Trademarks and trade names of Amicus with respect to
the Compound and Terminated Products in the Affected Area shall terminate. In addition, at Amicus’
option, which shall be exercised by written notice to GSK, and upon payment by Amicus of the
out-of-pocket costs of assignments and of the out-of-pocket costs incurred to identify, design and
register (including but not limited to clearance filing and
maintaining) of any GSK Trademark selected by the JSC that had been used with each Terminated
Product in the Affected Area (each, a “GSK Terminated Product Trademark”), GSK shall
promptly assign to Amicus, ******, all rights of GSK and its Affiliates in and to such GSK
Terminated Product Trademarks, including all registrations and applications for registration for
such GSK Terminated Product Trademarks in the Affected Area and all associated goodwill. For the
avoidance of doubt, the foregoing shall not include any GSK House Marks. Further, upon payment by
Amicus of the out-of-pocket costs of assignment and registration, GSK shall transfer to Amicus all
domain names established by GSK for use with a Terminated Product in any country of the Affected
Area.

 

	 	 	 
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(b) Subject to, and without limiting Amicus’ rights under, Sections 14.3.1, 14.3.4 and 14.5,
if GSK terminates this Agreement pursuant to Section 13.3, then within ****** after the end of the
Wind Down Period and upon the request of GSK, Amicus shall either return to GSK or destroy all
tangible items comprising, bearing or containing any GSK Trademark (other than the GSK Terminated
Product Trademarks) and/or the GSK House Marks that are in Amicus’ possession. Effective upon the
end of the Wind Down Period, Amicus shall cease to use all Trademarks and trade names of GSK
(including the GSK House Marks and all GSK Trademarks, other than the GSK Terminated Product
Trademarks) with respect to the Terminated Products in the Affected Area.

14.3.10 Termination solely with respect to a Product(s) or country(ies). Upon
termination of this Agreement by GSK pursuant to Section 13.3 or by Amicus pursuant to Section 13.2
with respect to a Terminated Product(s) and/or the Affected Area only, the Parties’ rights and
obligations under the Agreement with respect to all other Products in the Territory shall survive,
subject to the following provisions:

(a) Each country of the Affected Area shall cease to be a country within the Territory and the
definition of “Territory” in Section 1.130 shall be deemed to be amended accordingly and all
references to a Major Market shall be deemed to be references to a “Major Market within the
Territory”; similarly, each Terminated Product shall cease to be a “Product” covered by this
Agreement and the definition of “Product” in Section 1.105 shall be deemed to be amended
accordingly;

(b) Notwithstanding any other provision of this Agreement, including the definition of “Amicus
Know-How” in Section 1.19 and Sections 2.1, 5.1.7 and 5.2.3, Amicus shall not have any obligation
to make available to GSK any data or other Know-How with respect to a Terminated Product generated
by or on behalf of Amicus, its Affiliates and/or licensees for the Affected Area following any such
termination and GSK shall have no rights to, and the License shall not include, any such data or
Know-How; in addition, all of GSK’s approval rights as set forth in the second sentence of Section
11.5 shall immediately terminate, provided, however, that nothing in this Section
14.3.10(b) shall otherwise modify GSK’s rights or Amicus’ obligations set forth in Section 11.5,
including GSK’s right of pre-publication review and Amicus’ obligations to remove, at the request
of GSK, any GSK Confidential Information from any such publication;

 

	 	 	 
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(c) Upon notice by one Party to the other Party, the Parties shall promptly meet and negotiate
in good faith appropriate downward adjustments to the levels of Calendar Year Net Sales that
trigger each milestone payment corresponding to a sales milestone that includes Net Sales in the
Affected Area as set forth in Section 3.3.3 and to which each of the royalty rates applies as set
forth in Section 3.4.1; provided that if the Parties are unable to agree on such adjustments within
thirty (30) days following the date of any such notice from Amicus, then either Party may, upon
written notice to the other, refer such dispute for resolution pursuant to the alternative dispute
resolution as contemplated by Section 16.2.3 (with the Parties expressly acknowledging that any
such modifications or revisions to the levels of Calendar Year Net Sales will not, with reference
to any other provision of this Agreement, be construed as consequential or otherwise impermissible
damages);

(d) As between the Parties, GSK shall continue to be responsible for pharmacovigilance and
adverse event reporting within the Territory with respect to the Compound and Products as provided
in Section 5.2.6 and Amicus shall be responsible for pharmacovigilance with respect to the
Terminated Products in the Affected Area, and the Parties shall cooperate such that Amicus (or
Amicus’ designee) is able to maintain a worldwide safety database for the Terminated Products. The
Parties shall promptly negotiate and implement any appropriate amendments to the pharmacovigilance
agreement described in Section 5.2.6(a) in accordance with this Section 14.3.10(c); and

(e) The Parties rights and obligations under Section 7.1 shall survive; and GSK’s rights and
obligations under Article 7 regarding the prosecution and maintenance of all GSK Prosecuted Amicus
Patents and Program Patents in the Affected Area to the extent pertaining to the Terminated
Products shall terminate from and after the date of any such termination and all such Patents shall
be deemed to be Amicus Prosecuted Patents; provided, however, that Amicus will, in
a timely manner, solicit GSK’s comments regarding the prosecution and maintenance of such Amicus
Patents and Program Patents and review of the nature and text of any such Patent application and
prosecution matters related thereto, including any correspondence between Amicus and any government
intellectual property or Patent authorities, agencies or other government bodies, in reasonably
sufficient time prior to filing thereof, and Amicus will give due consideration to GSK’s reasonable
comments and amendments.

14.3.11 Non-Compete.

(a) Upon termination of this Agreement in its entirety by Amicus pursuant to Section 13.2 or
by GSK pursuant to Section 13.3: ******.

(b) Upon termination of this Agreement by Amicus pursuant to Section 13.2 or by GSK pursuant
to Section 13.3 with respect to particular Product(s) and/or country(ies) of the Territory: ******.

 

	 	 	 
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14.4 Rights upon Termination for Bankruptcy. Notwithstanding the bankruptcy of
Amicus, or the impairment of performance by Amicus of its obligations under this Agreement as a
result of bankruptcy or insolvency of Amicus as described in Section 13.4, upon the termination of
this Agreement by GSK pursuant to Section 13.4, GSK will be entitled to retain all rights and
licenses granted to GSK by Amicus under this Agreement. All rights and licenses granted under or
pursuant to this Agreement by Amicus to GSK are, and will otherwise be deemed to be, for purposes
of Article 365(n) of the Bankruptcy Code, licenses of rights to “intellectual property” as defined
under Article 101(52) of the Bankruptcy Code. The Parties agree that GSK, as a licensee of such
rights under this Agreement, will retain and may fully exercise all of its rights and elections
under the Bankruptcy Code. The Parties further agree that, in the event of the commencement of a
bankruptcy proceeding by or against Amicus under the Bankruptcy Code, GSK will be entitled to a
complete duplicate of (or complete access to, as appropriate) any such intellectual property and
all embodiments of such intellectual property, and same, if not already in its possession, will be
promptly delivered to GSK (i) upon any such commencement of a bankruptcy proceeding upon written
request therefore by GSK, unless Amicus elects to continue to perform all of its obligations under
this Agreement, or (ii) if not delivered under (i) above, upon the rejection of this Agreement by
or on behalf of Amicus upon written request therefore by GSK. The provisions of this Section 14.4
shall apply mutatis mutandis to Amicus in the event of any bankruptcy or insolvency of GSK as
described in Section 13.4.

14.5 Return of Materials. No later than thirty (30) days after the expiration or
termination of this Agreement, each Party shall return or cause to be returned to the other Party
(or, at such other Party’s request, destroy and certify such destruction) all Confidential
Information received from the other Party and all copies thereof that are in such Party’s
possession, as well as all biological or chemical materials delivered or provided by the other
Party; provided, however, that each Party may retain one (1) copy of such
Confidential Information received from the other Party for record purposes. Notwithstanding the
foregoing, to the extent that a Party has a continuing license pursuant to Section 14.2 or Section
14.3 above, as applicable, after the termination of this Agreement, such Party may retain the
Confidential Information of the other Party and use such Confidential Information solely to the
extent necessary and for the purpose of the continued practice of such license and in such event,
notwithstanding Section 11.1 above, such Party’s obligations under Article XI above, shall continue
for so long as such Party continues to practice such license.

14.6 Survival. Upon the expiration or termination of this Agreement, all rights and
obligations of the Parties under this Agreement shall terminate except those described in the
following provisions (which such provisions shall survive for the term specified therein and, if no
such term is specified, then indefinitely): Articles I, XIV, XV and XVI; Sections 3.9, 3.10, 11.1
and 11.3; and GSK’s rights under Section 11.4 (solely to the extent GSK’s clinical trial register
includes the results of clinical trials for the Compound or Products prior to any such
termination).

 

	 	 	 
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XV. INDEMNIFICATION AND LIMITATION OF LIABILITY

15.1 Indemnification of Amicus. GSK shall indemnify and hold harmless each of Amicus,
its Affiliates and the directors, officers, stockholders and employees of such entities and the
successors and assigns of any of the foregoing (the “Amicus Indemnitees”), from and against
any and all liabilities, damages, penalties, fines, costs, expenses (including, reasonable
attorneys’ fees and other expenses of litigation) (“Liabilities”) from any claims, actions,
suits or proceedings brought by a Third Party (a “Third Party Claim”) incurred by any
Amicus Indemnitee, arising from, or occurring as a result of: (a) activities relating to the
Development, use, marketing, distribution, importation or sale of any Compound and Product by GSK,
its Affiliates, Sublicensees, or subcontractors in the Territory; (b) any material breach of any
representations, warranties or covenants by GSK in Articles IX and X above; and/or (c) activities
relating to the Manufacture (after the Supply Transition Date) of any Compound or Product by GSK,
its Affiliates, Sublicensees, or subcontractors for distribution in the Territory; except to the
extent such Third Party Claims fall within the scope of Amicus’s indemnification obligations set
forth in Section 15.2 below or result from the gross negligence or intentional misconduct of a
Amicus Indemnitee. For the avoidance of doubt, Product Liability Claims are not subject to this
Section 15.1 and are governed by the provisions of Section 15.4 below.

15.2 Indemnification of GSK. Amicus shall indemnify and hold harmless each of GSK,
its Affiliates and Sublicensees and the directors, officers and employees of GSK, its Affiliates
and Sublicensees and the successors and assigns of any of the foregoing (the “GSK
Indemnitees”), from and against any and all Liabilities from any Third Party Claims incurred by
any GSK Indemnitee, arising from, or occurring as a result of (a) activities related to the
Development, or use of any Compound and Product by Amicus, its Affiliates, Sublicensees or
subcontractors in the Territory; (b) any material breach of any representations, warranties or
covenants by Amicus in Article IX and X above; or (c) the Manufacture of any Compound or Product by
Amicus, its Affiliates, Sublicensees, or subcontractors, prior to GSK’s assumption of
responsibility for Manufacturing the Compound and Product pursuant to Section 6.5 or Section
14.2.2(b); except to the extent such Third Party Claims (i) fall within the scope of GSK’s
indemnification obligations set forth in Section 15.1 above or (ii) result from the gross
negligence or intentional misconduct of an GSK Indemnitee or (iii) with respect to clause (c)
above, result from Amicus’ compliance with any direction of GSK pursuant to Section 6.5.2(a) above.
For the avoidance of doubt, Product Liability Claims are not subject to this Section 15.2 and are
governed by the provisions of Section 15.4 below.

15.3 Procedure. A Party that intends to claim indemnification under this Article XV
(the “Indemnitee”) shall promptly notify the other Party (the “Indemnitor”) in
writing of the assertion or the commencement of Third Party Claim and will provide the Indemnitor
such information with respect thereto that the Indemnitor may reasonably request. The Indemnitor
shall be entitled to control and appoint lead counsel for such defense, in each case at its
expense. If the Indemnitor shall assume the control of the defense of any Third Party Claim in
accordance with the provisions of this Section 15.3, the Indemnitor shall obtain the prior consent
of the Indemnitee (which shall not be unreasonably withheld) before entering into any settlement of
such Third Party Claim. The failure to
deliver written notice to the Indemnitor within a reasonable time after the commencement of
any action with respect to a Third Party Claim shall not relieve the Indemnitor of its obligations
under this Article XV unless the delay or failure is prejudicial to its ability to defend such
action. The Indemnitee under this Section 15.3 shall cooperate fully with the Indemnitor and its
legal representatives in the investigation of any action with respect to a Third Party Claim
covered by this indemnification.

 

	 	 	 
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15.4 Product Liability.

15.4.1 Each Party shall notify the other Party as promptly as practicable if any Third Party
Claim is commenced or threatened against such Party in the Territory alleging product liability,
product defect, design, packaging or labeling defect, failure to warn or any similar action
relating to the use or safety of Compound and Products in the Territory (a “Product Liability
Claim”). For clarity, a Product Liability Claim will not be deemed to include any Third Party
Claims relating to a Manufacturing defect of Compound and Products and Sections 15.1 and 15.2 shall
apply to any such Third Party Claims.

15.4.2 To the extent that either the GSK Indemnitees or the Amicus Indemnitees incur, suffer,
or are faced with any Product Liability Claims with respect to the Product in the Territory, then
******.

15.4.3 GSK shall have the right to control and appoint lead counsel for the defense of any
such Product Liability Claims and to settle any such Product Liability Claims, in its discretion,
provided, that GSK shall reasonably consult with and consider the input of Amicus with respect to
such matters.

15.5 Insurance. In addition to its duty to indemnify, each Party will procure product
liability insurance in commercially reasonable amounts in view of its activities. Alternatively,
either Party may establish a program of self insurance for the same risks. In either event, as
reasonably requested in writing by the other Party not more than once every twelve (12) months,
each Party will supply the other Party with evidence of such coverage during the time any Product
is being Developed, Manufactured or Commercialized by such Party or any of its Affiliates,
Sublicensees, designees or agents.

15.6 Disclaimer of Consequential Damages. IN NO EVENT WILL EITHER AMICUS OR GSK BE
LIABLE TO THE OTHER FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL, INCIDENTAL, OR PUNITIVE DAMAGES
ARISING UNDER OR AS A RESULT OF THIS AGREEMENT (OR THE TERMINATION HEREOF) INCLUDING, BUT NOT
LIMITED TO, THE LOSS OF PROSPECTIVE PROFITS OR ANTICIPATED SALES.

 

	 	 	 
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XVI. MISCELLANEOUS

16.1 Governing Law. For all matters other than the scope and validity of Patents,
this Agreement shall be deemed to have been made in the State of Delaware and its form, execution,
validity, construction and effect shall be determined in accordance with the laws of the State of
Delaware, without giving effect to the principles of conflicts of law thereof and the Parties agree
to the personal jurisdiction of and venue in any federal or state court located in Delaware. The
application of the United Nations Convention for Contracts for the International Sales of Goods is
hereby expressly excluded.

16.2 Dispute Resolution.

16.2.1 The Parties agree that with respect to any disputes arising with respect to the
interpretation, breach, enforcement, termination or validity of this Agreement (for the purposes of
this Section 16.2, each a “Dispute”), the Dispute shall first be presented to the Chief
Executive Officer of Amicus and the GSK Chairman of Research and Development, or their respective
designees for resolution. If the Amicus Chief Executive Officer and GSK Chairman or Research and
Development, or their respective designees, cannot resolve the Dispute within ****** of the request
to do so, either Party may initiate arbitration proceedings with respect thereto as provided in
Section 16.2.2 below. Prior to the establishment of an arbitration tribunal, Amicus and GSK shall
each have the right to apply to any court of competent jurisdiction for appropriate interim or
provisional relief, as necessary to protect the rights or property of that Party.

16.2.2 Any Dispute shall be finally resolved by arbitration in accordance with the Commercial
Arbitration Rules of the American Arbitration Association (“AAA”) then in effect (the
“Rules”), except as modified herein. The place of arbitration shall be Wilmington,
Delaware. If the amount in controversy ******, there shall be one (1) neutral and impartial
arbitrator who shall be agreed upon by the Parties within twenty (20) days of receipt by respondent
of a copy of the demand for arbitration. If the amount in controversy ******, there shall be three
(3) arbitrators, of whom each Party shall appoint one (1) within thirty (30) days of the receipt by
the respondent of the demand for arbitration. The two (2) arbitrators so appointed shall select a
third (3rd) arbitrator as the chair of the arbitral tribunal within thirty (30) days of
the appointment of the second arbitrator. If any arbitrator is not appointed within the time limit
provided herein, such arbitrator shall be appointed by the AAA in accordance with the listing,
striking, and ranking procedures in the Rules. Any arbitrator appointed by the AAA shall be an
attorney with no less than fifteen (15) years of experience with commercial cases and an
experienced arbitrator, who shall, if practicable, have substantial experience with transactions or
disputes related to the field of pharmaceutical products and/or, if applicable, intellectual
property.

 

	 	 	 
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16.2.3 In the case of any Dispute arising under Section 1.93(f)(v) or Section 14.3.10(c) or
under Schedule 5.1.5, the procedures of this Section 16.2.3 shall apply. Arbitration with
respect to all such Disputes under Section 1.93(f) (v) or Section 14.3.10(c) or under Schedule
5.1.5, as applicable, shall be a “baseball” type arbitration, meaning that, following all
permitted discovery and in accordance with procedures otherwise determined by the arbitrator, each Party
shall prepare and submit to the arbitrator and the other Party a written report setting forth its
final position with respect to the substance of the dispute, and each party may submit a revised
report and position within 15 (fifteen) days of receiving the other party’s report. The arbitrator
shall then select one of the Party’s positions as his or her final decision and shall not have
authority to render any substantive decision other than to so select the position of either GSK or
Amicus. The Parties and the arbitrator shall use all reasonable efforts to complete any such
arbitration with respect to a Dispute arising under Section 1.93(f)(v) or Section 14.3.10(c) or
under Schedule 5.1.5, as applicable, within ninety (90) days.

16.2.4 The arbitral tribunal is not empowered to award damages in excess of compensatory
damages, and each Party hereby irrevocably waives any right to recover punitive, exemplary,
multiple or similar damages with respect to any Dispute. Any arbitration proceedings, decision, or
award rendered hereunder and the validity, effect, and interpretation of this arbitration provision
shall be governed by the Federal Arbitration Act, 9 U.S.C. §1 et seq. The decision of the arbitral
tribunal shall be in writing and, if applicable, shall state the findings of fact and conclusions
of law on which it is based. The decision of the arbitral tribunal shall be final and binding upon
the Parties regarding the applicable Dispute presented to the arbitral tribunal. Judgment upon the
decision of the arbitral tribunal may be entered in any court having jurisdiction. The arbitration
proceedings and the decision of the arbitral tribunal shall not be made public without the joint
consent of the Parties and each Party shall maintain the confidentiality of such proceedings and
decision unless each Party otherwise agrees in writing; provided that either Party may make such
disclosures as are permitted for Confidential Information of the other Party under Article XI
above. The Parties agree that they shall share equally the cost of the arbitration filing and
hearing fees, and the cost of the arbitral tribunal and administrative fees of the AAA. Each Party
shall bear its own costs and attorneys’ and witnesses’ fees and associated costs and expenses. The
arbitral tribunal shall have full authority to grant provisional remedies and to direct the Parties
to request that any court modify or vacate any temporary or preliminary relief issued by such
court.

16.2.5 The Parties hereby submit to the exclusive jurisdiction of the federal and state courts
located in Delaware for the purpose of an order to compel arbitration, for preliminary relief in
aid of arbitration, or for a preliminary injunction to maintain the status quo or prevent
irreparable harm prior to the appointment of the arbitrators, and to the non-exclusive jurisdiction
of such courts for the enforcement of any award issued hereunder. The Parties hereby agree to
accept service of process pursuant to the notice provisions of this Agreement.

 

	 	 	 
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16.3 Assignment and Binding Effect.

16.3.1 This Agreement may not be assigned, by operation of law or otherwise, by either Party
without the prior written consent of the other, except as otherwise permitted under this Section
16.3:

(a) Amicus may assign this Agreement to an Affiliate or to a Third Party without such prior
written consent as part of a merger, consolidation, sale, or transfer of all or substantially all
its assets, but only if the assignee has or simultaneously acquires all of the necessary rights and
other assets to perform Amicus’s obligations under this Agreement. A Change of Control or
ownership of Amicus by merger or otherwise will not constitute an impermissible assignment of this
Agreement by Amicus, provided, however, that such Change of Control event shall be
subject to the terms of Article XII herein.

(b) GSK may assign this Agreement to any Affiliate without the prior written consent of
Amicus. GSK may also assign this Agreement to a Third Party as part of a merger, consolidation,
sale, or transfer of all or substantially all its assets, without the prior written consent of
Amicus, but only if the assignee has or simultaneously acquires all of the necessary rights and
other assets to perform GSK’s obligations under this Agreement.

16.3.2 No assignment under this Section 16.3 shall be effective unless the intended assignee
executes and delivers to the Party which is not the assignor a writing whereby the assignee
expressly undertakes to perform and comply with all of its assignor’s obligations hereunder.
Notwithstanding such undertaking, such assignor shall continue to be primarily liable for such
assignee’s performance hereof and compliance herewith.

16.3.3 Any assignment in violation of this Section 16.3 shall be void and of no effect.

16.3.4 This Agreement, and the rights and obligations of the Parties herein contained, shall
be binding upon, and shall inure to the benefit of, the Parties and their respective legal
representatives, successors and permitted assigns.

16.4 Independent Contractor Status. The relationship of the Parties is that of
independent contractors. Nothing in this Agreement will be construed to constitute, create, give
effect or otherwise imply a joint venture, agency, partnership or other formal business
organization or any employer/employee relationship of any kind between the Parties.

 

	 	 	 
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16.5 Notices. All notices, requests and other communications required or permitted to
be given hereunder or with respect hereto will be in writing and in English, and may be given by
(i) personal service, (ii) registered first-class mail, postage prepaid, return receipt requested,
(iii) express delivery service, charges prepaid, or (iv) facsimile (complete transmission verified
and a copy promptly sent by another permissible method of providing notice described in clauses
(i), (ii) or (iii) above) and in each case addressed to the other Party at the address for such Party as
set forth below, and shall be effective upon receipt in the case of clauses (i), (iii) or (iv)
above, and five days after mailing in the case of clause (ii) above.

	 	 	 	 	 
	 

	 	If to GSK:
	 	Glaxo Group Limited
	 

	 	 	 	Great West Road
	 

	 	 	 	Brentford, Middlesex
	 

	 	 	 	United Kingdom
	 

	 	 	 	TW8 9GS
	 

	 	 	 	Facsimile: +44 (020) 804 76904
	 

	 	 	 	Attention: Company Secretary
	 
	 	 	 	 
	 

	 	With a copy to:
	 	GlaxoSmithKline
	 

	 	 	 	980 Great West Road
	 

	 	 	 	Brentford, Middlesex, TW8 9GS
	 

	 	 	 	Facsimile: +44 (0) (208) 046-0641
	 

	 	 	 	Attention: Marc Dunoyer
	 

	 	 	 	President, GSK Rare Diseases
	 
	 	 	 	 
	 

	 	 	 	And
	 
	 	 	 	 
	 

	 	 	 	GlaxoSmithKline
	 

	 	 	 	2301 Renaissance Boulevard
	 

	 	 	 	Mail Code RN0220
	 

	 	 	 	King of Prussia, PA 19406
	 

	 	 	 	Facsimile: (610) 787-7084
	 

	 	 	 	Attention: Vice President and Associate
	 

	 	 	 	General Counsel, Legal Operations —
	 

	 	 	 	Business Development Transactions
	 
	 	 	 	 
	 

	 	If to Amicus:
	 	Amicus Therapeutics, Inc.
	 

	 	 	 	6 Cedar Brook
	 

	 	 	 	Cranbury, New Jersey
	 

	 	 	 	Attention: John F. Crowley
	 

	 	 	 	Chairman and Chief Executive Officer
	 

	 	 	 	Facsimile: +1 (609) 662-2001
	 
	 	 	 	 
	 

	 	With a copy to:
	 	Wilson Sonsini Goodrich & Rosati
	 

	 	 	 	650 Page Mill Road
	 

	 	 	 	Palo Alto CA 94304-1050
	 

	 	 	 	Attention: Kenneth A. Clark, Esq.
	 

	 	 	 	Facsimile: +1 (650) 493-6811

 

	 	 	 
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The address of either Party set forth above may be changed from time to time by written notice
in the manner prescribed herein from the Party requesting the change.

16.6 Further Assurances. The Parties will execute and deliver any further or
additional instruments or documents and perform any acts which may be reasonably necessary in order
to effectuate and carry out the purposes of this Agreement.

16.7 Waivers. The waiver by either Party of a default or a breach of any provision of
this Agreement by the other Party will not operate or be construed to operate as a waiver of any
subsequent default or breach. The continued performance by either Party with knowledge of the
existence of a default or breach will not operate or be construed to operate as a waiver of any
default or breach. Any waiver by a Party of a particular provision or right will be in writing,
will be as to a particular matter and, if applicable, for a particular period of time and will be
signed by such Party.

16.8 Entire Agreement. This Agreement (including the Exhibits and Schedules hereto),
the Equity Agreement, any and all Trademark License Agreements and the pharmacovigilance agreement
described in Section 5.2.6(a) (in each case, if and when executed by the Parties) constitute the
entire agreement between the Parties with respect to the subject matter hereof, and supersede all
prior agreements and negotiations with respect to such subject matter.

16.9 Severability. If any provision in this Agreement is deemed to be, or becomes,
invalid, illegal, void or unenforceable under applicable Laws, then: (i) it will be deleted with
respect to the applicable jurisdiction(s) to which such Law pertains and the validity, legality and
enforceability of the remaining provisions of this Agreement shall not be impaired or affected in
any way, and (ii) the Parties will use Commercially Reasonable Efforts to substitute for the
invalid, illegal or unenforceable provision a valid, legal and enforceable provision which conforms
as nearly as possible with the original intent of the Parties. ******. Any termination in
accordance with the foregoing shall be deemed a termination of this Agreement in its entirety
pursuant to Section 13.3 if the Party who made the assertion was GSK, and shall be deemed a
termination of this Agreement in its entirety under Section 13.2 by reason of a breach by Amicus,
if Amicus is the Party who made such assertion.

16.10 Counterparts. This Agreement may be executed in more than one counterpart, each
of which shall be deemed to be an original but all of which taken together shall be deemed a single
instrument. A facsimile transmission of the signed Agreement will be legal and binding on both
Parties.

16.11 Force Majeure. Neither Party to this Agreement will be liable for failure or
delay in the performance of any of its obligations hereunder (other than the failure to pay monies
owed), if such failure or delay is due to acts of God, earthquakes, fires, strikes, acts of war
(whether declared or not), terrorism, civil unrest, or intervention of any governmental authority
or any other event or occurrence beyond the reasonable control of such Party (a “Force Majeure
Event”), but any such delay or failure will be remedied by such Party as soon as practicable
after the removal of the cause
of such failure or delay. Upon the occurrence of Force Majeure Event, the Party failing or
delaying performance will promptly notify the other Party in writing, setting forth the nature of
the occurrence, its expected duration and how such Party’s performance is affected, and the Party
failing or delaying performance will use its Commercially Reasonable Efforts to avoid or remove the
causes of non-performance and shall continue performance with the utmost dispatch whenever such
causes are removed.

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

75

 

16.12 Interest on Late Payments. If any Party fails to pay in full on or before the
date due any royalty, fee or other amount that is required to be paid to the other Party under this
Agreement, the paying Party will also pay to the other Party (or its designee) interest at a rate
equal to: (i) the prime rate as reported by Citibank N.A., plus ******; or (ii) if lower, the
maximum rate permitted by law; calculated on the number of days such payment is delinquent,
compounded annually and computed on the basis of a three hundred sixty five (365) day year.

16.13 Cumulative Remedies. Unless otherwise set forth in this Agreement, all rights
and remedies of the Parties, including all rights to payment, rights of termination, rights to
injunctive relief, and other rights provided under this Agreement, shall be cumulative and in
addition to all other remedies provided for in this Agreement, in law, and in equity.

16.14 Amendment. This Agreement may not be amended, supplemented or otherwise
modified except by an instrument in writing signed by both Parties that specifically refers to this
Agreement.

16.15 Headings and References. All section headings contained in this Agreement are
for convenience of reference only and will not affect the meaning or interpretation of this
Agreement.

16.16 No Strict Construction. This Agreement has been prepared jointly and will not
be strictly construed against either Party.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

76

 

IN WITNESS WHEREOF, the Parties hereto, intending to be legally bound hereby, have caused this
License and Collaboration Agreement to be executed by their duly authorized representatives as of
the date first written above.

	 	 	 	 	 	 	 	 	 	 	 
	AMICUS THERAPEUTICS, INC.	 	 	 	GLAXO GROUP LIMITED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ John F. Crowley
	 	 	 	By:
	 	/s/ Paul Williamson	 	 
	 

	 	 

Name: John F. Crowley
	 	 	 	 	 	 

Name: Paul Williamson
	 	 
	 

	 	Title:   Chairman and CEO
	 	 	 	 	 	Title:   Corporate Director	 	 

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

EXHIBIT A

EQUITY AGREEMENT

(See Exhibit 10.31 to Annual Report on Form 10-K filed on March 4, 2011)

 

 

 

EXHIBIT B

INITIAL PRESS RELEASE

GSK and Amicus Therapeutics Enter Exclusive Worldwide Agreement to Develop and Commercialize
AmigalTM for Fabry Disease

-Amicus to receive $60M in upfront license payment and equity investment and eligible for
approximately $170M million in future potential milestone payments-

LONDON and CRANBURY, N.J., Oct 29, 2010 /PRNewswire via COMTEX News Network/ — GlaxoSmithKline PLC
(GSK) and Amicus Therapeutics (Nasdaq: FOLD) today announced a definitive agreement to develop and
commercialize AmigalTM (migalastat HCl), currently in Phase 3 for the treatment of Fabry disease,
a rare inherited disorder. Under the terms of the agreement, GSK will receive an exclusive
worldwide license to develop, manufacture and commercialize migalastat HCl. Additionally, as part
of the agreement GSK and Amicus also intend to advance clinical studies exploring the
co-administration of migalastat HCl with enzyme replacement therapy (ERT) for the treatment of
Fabry disease.

Under the terms of the Agreement, Amicus will receive an upfront, license payment of $30M from GSK
and is eligible to receive further payments of approximately $170M upon the successful achievement
of development and commercialization milestones, as well as tiered double-digit royalties on global
sales of migalastat HCl. GSK and Amicus will jointly fund development costs in accordance with an
agreed upon development plan. Additionally, as part of the collaboration, GSK is purchasing 6.9
million shares of Amicus common stock at a price of $4.56 per share. The total value of this equity
investment to Amicus is $31 million and represents a 19.9% ownership position for GSK in the
Company. The total cash up-front to Amicus from GSK for the upfront license payment and equity
investment is approximately $60 million.

“This strategic collaboration is another significant milestone in delivering our vision for GSK
Rare Diseases. Amicus’ scientific and clinical expertise in human genetic diseases is among the
best in the industry, and we are pleased to be collaborators and investors in this exceptional
company,” said Marc Dunoyer, Global Head of GSK Rare Diseases and a member of the GSK Corporate
Executive Team. “Our focus now is to continue to advance Amigal for Fabry disease and it is our
hope to deliver a first-in-class, oral medicine to the thousands of people worldwide living with
this devastating rare disease.”

John F. Crowley, Chairman and Chief Executive Officer of Amicus Therapeutics said, “The completion
of this agreement with GSK is a transformational event for Amicus. It provides a strong validation
of the potential for Amigal to become an important new treatment option for people living with
Fabry disease and for our pharmacological chaperone technology broadly. GSK has extremely
impressive global clinical, regulatory and commercial expertise and a strong commitment to the
development of treatments for rare diseases. We look forward to working in close partnership with
them.” Crowley continued, “With this key strategic alliance with GSK and the added financial
strength it provides, Amicus is now uniquely positioned to build shareholder value through our
expertise in rare disease drug development.”

About AmigalTM (migalastat HCl) for the Treatment of Fabry Disease

Migalastat HCl is an investigational treatment for Fabry disease and has the potential to be the
first in a new class of oral, small molecule medicines called pharmacological chaperones. It is
designed to selectively bind to and stabilize the target enzyme alpha-galactosidase A (alpha-Gal
A), which facilitates proper trafficking of the enzyme to the lysosomes, where it is needed to
break down the target substrate globotriaosylceramide (GL-3).

Results from Phase 2 studies of migalastat HCl, which has orphan designation in both the US and EU,
demonstrated that in subjects identified as responders to migalastat HCl treatment resulted in
increased levels of alpha-Gal A, reduced levels of GL-3 as measured in renal interstitial capillary
cells from kidney biopsies and in urine, and a potential positive impact on renal function.
Treatment with migalastat HCl has been generally well-tolerated, with no drug-related serious
adverse events. The most common adverse events were headache, arthralgia and diarrhea.

A Phase 3 study (Study 011) commenced in the second quarter of 2009 and treatment of the first
patient began in the fourth quarter of 2009. This ongoing study is a 6-month, randomized,
double-blind trial comparing migalastat HCl to placebo in 60 subjects in approximately 40
investigational sites worldwide. The surrogate primary endpoint is the change in the amount of
kidney interstitial capillary GL-3. Subjects being enrolled are Fabry patients who have never
received enzyme replacement therapy (ERT), or who have not received ERT for at least 6 months, and
who have a mutation responsive to migalastat HCl.

GSK and Amicus today provided an update to the enrollment timeline for Study 011. Enrollment is now
expected to be completed in the first quarter of 2011 and preliminary results are expected to be
announced in the second half of 2011.

Furthermore, a separate Phase 3 study (Study 012) is expected to commence before year end. The
study will be an 18-month, randomized, open-label study comparing migalastat HCl to ERT in
approximately 60 subjects. The primary outcome of efficacy will be renal function as measured by
glomerular filtration rate (GFR).

About Fabry Disease

Fabry disease is an inherited lysosomal storage disorder caused by deficiency of an enzyme called
alpha-galactosidase A (alpha-Gal A). The role of alpha-Gal A within the body is to break down a
complex lipid called globotriaosylceramide (GL-3). Reduced or absent levels of alpha-Gal A activity
leads to the accumulation of GL-3 in the affected tissues, including the central nervous system,
heart, kidneys, and skin. This accumulation of GL-3 is believed to cause the various symptoms of
Fabry disease, including pain, kidney failure, and increased risk of heart attack and stroke.

 

 

 

It is currently estimated that Fabry disease affects approximately 5,000 to 10,000 people
worldwide.

GlaxoSmithKline - one of the world’s leading research-based pharmaceutical and healthcare companies
- is committed to improving the quality of human life by enabling people to do more, feel better
and live longer. For further information please visit www.gsk.com

Amicus Therapeutics

Amicus Therapeutics is a biopharmaceutical company focused on developing treatments for rare
diseases. The Company is developing orally-administered, small molecule drugs called
pharmacological chaperones, a novel, first-in-class approach to treating a broad range of diseases
including lysosomal storage disorders and CNS diseases. Amicus’ lead program is in Phase 3 for the
treatment of Fabry disease. For further information, please visit www.amicustherapeutics.com.

	 	 	 
	Amicus Enquiries:
	 	 
	Analyst/Investor and Media enquiries:

	 	Jenene Thomas (609) 662-5084
	 
	 	 
	GlaxoSmithKline Enquiries:
	 	 
	UK Media enquiries:

	 	David Mawdsley (020) 8047 5502
	 

	 	Claire Brough (020) 8047 5502
	 

	 	Stephen Rea (020) 8047 5502
	 

	 	Alexandra Harrison (020) 8047 5502
	 

	 	Jo Revill (020) 8047 5502
	 
	 	 
	US Media enquiries:

	 	Nancy Pekarek (919) 483 2839
	 

	 	Mary Anne Rhyne (919) 483 2839
	 

	 	Kevin Colgan (919) 483 2839
	 

	 	Sarah Alspach (919) 483 2839
	 
	 	 
	European Analyst/Investor enquiries:

	 	Sally Ferguson (020) 8047 5543
	 

	 	Gary Davies (020) 8047 5503
	 
	 	 
	US Analyst/ Investor enquiries:

	 	Tom Curry (215) 751 5419
	 

	 	Jen Hill Baxter (215) 751 7002

Amicus Forward-Looking Statements

This press release contains, and the accompanying conference call will contain, “forward-looking
statements” within the meaning of the Private Securities Litigation Reform Act of 1995 relating to
preclinical and clinical development of Amicus’ candidate drug products, the timing and reporting
of results from preclinical studies and clinical trials evaluating Amicus’ candidate drug products
and the projected cash position for the Company, including achievement of development and
commercialization milestone payments and sales royalties under our collaboration with
GlaxoSmithKline. Words such as, but not limited to, “look forward to,” “believe,” “expect,”
“anticipate,” “estimate,” “intend,” “plan,” “targets,” “likely,” “will,” “would,” “should” and
“could,” and similar expressions or words identify forward-looking statements. Such forward-looking
statements are based upon current expectations that involve risks, changes in circumstances,
assumptions and uncertainties. The inclusion of forward-looking statements should not be regarded
as a representation by Amicus that any of its plans will be achieved. Any or all of the
forward-looking statements in this press release may turn out to be wrong. They can be affected by
inaccurate assumptions Amicus might make or by known or unknown risks and uncertainties. For
example, with respect to statements regarding the goals, progress, timing and outcomes of
discussions with regulatory authorities and the potential goals, progress, timing and results of
preclinical studies and clinical trials, actual results may differ materially from those set forth
in this release due to the risks and uncertainties inherent in the business of Amicus, including,
without limitation: the potential that results of clinical or pre-clinical studies indicate that
the product candidates are unsafe or ineffective; the potential that it may be difficult to enroll
patients in our clinical trials; the potential that regulatory authorities may not grant or may
delay approval for our product candidates; the potential that preclinical and clinical studies
could be delayed because we identify serious side effects or other safety issues; the potential
that we will need additional funding to complete all of our studies and, our dependence on third
parties in the conduct of our clinical studies. Further, the results of earlier preclinical studies
and/or clinical trials may not be predictive of future results. With respect to statements
regarding projections of the Company’s cash position, actual results may differ based on market
factors and the Company’s ability to execute its operational and budget plans, including
achievement of development and commercialization milestone payments and sales royalties under our
collaboration with GlaxoSmithKline . In addition, all forward looking statements are subject to
other risks detailed in our Annual Report on Form 10-K for the year ended December 31, 2009. You
are cautioned not to place undue reliance on these forward-looking statements, which speak only as
of the date hereof. All forward-looking statements are qualified in their entirety by this
cautionary statement, and Amicus undertakes no obligation to revise or update this news release to
reflect events or circumstances after the date hereof. This caution is made under the safe harbor
provisions of Section 21E of the Private Securities Litigation Reform Act of 1995.

GSK’s cautionary statement regarding forward-looking statements

Under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, 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. Factors that may affect GSK’ s operations are described
under ‘Risk Factors’ in the ‘Business Review’ in the company’ s Annual Report on Form 20-F for
2009.

 

 

 

EXHIBIT C

TRADEMARK LICENSE AGREEMENT

THIS TRADEMARK LICENSE AGREEMENT (“Agreement”) is made as of the                      day of
                    , 2010 (the “Effective Date”) by and between Amicus Therapeutics, Inc.,
a Delaware corporation having a place of business at 6 Cedar Brook Drive, Cranbury, New Jersey,
08512 (“Licensor”), as licensor, and Glaxo Group Limited, a company organized under the
laws of England and Wales with its registered office at Glaxo Wellcome House, Berkeley Avenue,
Greenford, Middlesex, UB6 0NN, England (“Licensee”), as licensee. Licensee and Licensor
are sometimes collectively referred to herein as the “Parties” and separately as a
“Party.”

WHEREAS, pursuant to that certain License and Collaboration Agreement by and between Licensee
and Licensor, dated as of the                      day of October, 2010 (the “License and Collaboration
Agreement”), Licensor agreed to license to Licensee certain trademarks in the Territory (as
defined in the License and Collaboration Agreement) as set forth on Exhibit A attached
hereto, including all common law rights to such trademarks in the Territory (the “Licensed
Marks”);

WHEREAS, Licensor is willing to grant, and Licensee is willing to receive, a license to use
the Licensed Marks in connection with Compound and Products (as those terms are defined in the
License and Collaboration Agreement) in the Territory pursuant to the terms and conditions set
forth in this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants, agreements and stipulations set
forth herein and in the License and Collaboration Agreement, the receipt and legal sufficiency of
which are hereby mutually acknowledged, Licensor and Licensee hereby agree as follows:

1. DEFINITIONS. Capitalized terms not otherwise defined in this Agreement shall have the
meanings set forth in the License and Collaboration Agreement.

2. GRANT OF LICENSE. During the Term of this Agreement, and pursuant to the terms and
conditions contained herein, Licensor hereby grants to Licensee and its Affiliates, and Licensee
and its Affiliates hereby accept, a non-exclusive, royalty-free, sublicensable (subject to Section
8 hereof) license to use the Licensed Marks in the Territory in connection with the making, having
made, use, sale, offering for sale, importation, packaging, distributing and promoting of Product
in the Field and in the country or countries of the Territory. In addition, Licensee shall have
the right to use the Licensed Marks (excluding Amicus House Marks) as part of a domain name,
subject to Licensor’s prior written approval and provided that Licensee remains responsible for all
costs associated with development and operation of the associated website.

 

 

 

3. USE OF THE LICENSED MARKS 

	 	3.1.	 	Upon reasonable advance written request, Licensee agrees to submit to Licensor
representative packaging for the Product displaying the Licensed Marks for Licensor’s
inspection. If Licensor reasonably determines that Licensee has failed to maintain a
level of quality consistent with those normally employed by the Licensor in the use of
the Licensor’s Trademarks, then Licensor may request that Licensee take reasonable
steps to remedy any such deficiencies and Licensee agrees to take commercially
reasonable actions to comply with such requests, and in any event the Licensee shall
not use or distribute any packaging for the Product displaying the Licensed Marks until
it has complied with such requests.

	 	3.2.	 	Licensee and its Affiliates and Sub-licensees shall comply with all applicable
Laws pertaining to the Commercialization of Products bearing the Licensed Marks.

4. MAINTENANCE OF LICENSED MARKS.

	 	4.1.	 	Licensor shall prosecute and maintain trademark applications and registrations
existing as of the Effective Date for the Licensed Marks used on or in connection with
Product in the Territory. All costs and expenses (including but not limited to
attorneys’ fees and expenses and official fees) of prosecuting and maintaining
applications and registrations existing as of the Effective Date for the Licensed Marks
shall be borne by Licensor. For the avoidance of doubt, Licensee shall prepare, file,
prosecute, maintain and own any Trademarks (other than Amicus House Marks) that are
created or designated by the JSC for use on Product in the Territory after the
Effective Date.

	 	4.2.	 	Licensor shall not (i) abandon any rights in the Licensed Marks in the
Territory, (ii) abandon or allow to lapse any pending application for the Licensed
Marks in the Territory, or (iii) permit any active registration for the Licensed Marks
to lapse, expire or be cancelled in the Territory, without first notifying Licensee.

5. TERM. This Agreement shall be effective commencing on the Effective Date and shall
continue perpetually unless terminated as set forth in Section 6 below.

6. TERMINATION.

	 	6.1.	 	This Agreement shall terminate automatically, without notice or any further
action hereunder by either Party: (a) in its entirety upon the expiration or
termination of the License and Collaboration Agreement by a Party in its entirety by
Amicus pursuant to Section 13.2, by GSK pursuant to Section 13.3, or by either Party
pursuant to Section 13.4; or (b) with respect to a particular Licensed Mark: (i) upon
assignment of such Licensed Mark (other than an Amicus House Mark) to Licensee if the
License and Collaboration Agreement is terminated by GSK pursuant to Section 13.2 with
respect to the Product with which such Licensed Mark is used in the country(ies) of the
Territory in which such Licensed Mark is registered or in use by a Party; or (ii) upon
termination of the License and Collaboration Agreement by GSK pursuant to Section
13.3, or by Amicus pursuant to Section 13.2, of the License and Collaboration
Agreement with respect to the Product with which such Licensed Mark is used and/or in
the country(ies) of the Territory in which such Licensed Mark is registered or in use
by a Party.

 

 

 

	 	6.2.	 	The Parties may terminate this Agreement in its entirety or on a Licensed
Mark-by-Licensed Mark basis at any time and for any reason during the Term upon their
mutual written agreement; provided that the Parties shall agree to terminate this
Agreement, in its entirety, or on a Licensed Mark-by-Licensed Mark or
country-by-country basis, as applicable, if the JSC determines in accordance with
Section 2.4, 4.3.1 and 6.3 of the License and Collaboration Agreement that such
Licensed Mark(s) shall no longer be used with respect to a Product(s) in a particular
country(ies) of the Territory.

	 	6.3.	 	Subject to and in accordance with Section 14.3 of the License and Collaboration
Agreement, upon termination or expiration of this Agreement, Licensee agrees (i)
immediately to discontinue, and to cause all of Licensee’s Affiliates and any
Sub-licensees of Licensee thereof immediately to discontinue, use of the Licensed
Marks; (ii) upon Licensor’s request, to return to Licensor or destroy all tangible
embodiments of any Licensed Marks; and (iii) if such items or materials are destroyed
by Licensee at Licensor’s request, to furnish Licensor with certification and evidence
of such destruction.

7. OWNERSHIP. Licensor represents and warrants, and Licensee acknowledges, that the
Licensed Marks are the sole and exclusive property of Licensor or its Affiliates and all goodwill
accrued through use of the Licensed Marks shall be deemed to be the absolute property of Licensor
or its Affiliates. Licensee further acknowledges that nothing in this Agreement confers upon
Licensee any right of ownership in and to the Licensed Marks. Licensee agrees to reasonably
cooperate with Licensor to execute, deliver, and otherwise provide to Licensor all information and
documents reasonably requested for the purpose of establishing, registering, evidencing or
defending Licensor’s complete and exclusive ownership of all rights, titles, and interests of every
kind and nature whatsoever in and to the Licensed Marks. Licensee agrees not to register, use or
authorize the use of any trademark or designation confusingly similar to the Licensed Marks, and
Licensee agrees not to challenge Licensor’s or its Affiliates’ ownership of the Licensed Marks.

8. SUB-LICENCES. Licensee shall have the right to grant sublicenses under this Agreement
soley as and to the extent Licensee is permitted to grant Sublicenses under and in accordance with
Section 2.2 of the License and Collaboration Agreement. In any event, Licensee shall ensure that
each of its sublicensees is bound by a written agreement containing provisions at least as
protective of the Licensed Marks and Licensor as this Agreement; and Licensee shall remain
responsible to Licensor for all activities of its Affiliates and sublicensees to the same extent as
if such activities had been undertaken by Licensee itself. Promptly following the execution of
each sublicense, Licensee shall provide Licensor with a complete copy of such sublicense.

 

 

 

9. ASSIGNMENTS. Neither this Agreement, nor any of the rights or obligations of a Party
may be directly or indirectly assigned, sold, delegated or otherwise disposed except by a Party in
connection with an assignment of, and to the same assignee as, the License and Collaboration
Agreement in accordance with Section 16.3 of the License and Collaboration Agreement.

	 	9.1.	 	No assignment under this Section 9 shall be effective unless the intended assignee
executes and delivers to the Party which is not the assignor a writing whereby the assignee
expressly undertakes to perform and comply with all of its assignor’s obligations
hereunder. Notwithstanding such undertaking, such assignor shall continue to be primarily
liable for such assignee’s performance hereof and compliance herewith.

	 	9.2.	 	Any assignment in violation of this Section 9 shall be void and of no effect.

	 	9.3.	 	This Agreement, and the rights and obligations of the Parties herein contained, shall
be binding upon, and shall inure to the benefit of, the Parties and their respective legal
representatives, successors and permitted assigns.

10. AMENDMENTS. No waiver, amendment or modification of any provision hereof or of any
right or remedy hereunder shall be effective unless in writing and signed by the Party against whom
such waiver, amendment or modification is sought to be enforced.

11. COUNTERPARTS. This Agreement may be executed in any number of counterparts, each of
which shall be deemed to be an original, but all of which together shall constitute but one and the
same instrument. Delivery of an executed counterpart signature page of this Agreement by facsimile
transmission shall be as effective as delivery of a manually executed signature page.

12. APPLICABLE LAW AND DISPUTE RESOLUTION. This Agreement shall be governed by,
interpreted and construed, and all claims and disputes, whether in tort, contract or otherwise be
resolved in accordance with the substantive laws of the State of Delaware without reference to any
rules of conflict of laws. Any and all disputes under this Agreement shall be resolved in
accordance with Section 16.2 of the License and Collaboration Agreement.

13. FURTHER ASSURANCES. Each of Party shall, at any time or from time to time after the
Effective Date, at the request and expense of the other Party, execute and deliver to the other
Party all such instruments and documents or further assurances as the other Party may reasonably
request in order to give effect to the transactions contemplated by this Agreement, including but
not limited to Licensee’s request for Licensor’s cooperation to record or register this Agreement
with any applicable governmental entity.

14. REPRESENTATIONS AND WARRANTIES. Each Party represents and warrants that (i) this
Agreement has been duly and validly executed and delivered by such Party and constitutes a legal
and binding obligation of such Party, enforceable against it in accordance with its terms, and (ii)
it has all necessary right, power and authority to execute and perform its obligations under this
Agreement and to grant the rights granted herein. Licensor further represents and warrants that it
is the owner of all right, title, and interest in and to the Licensed Marks and that the execution,
delivery, and performance of its obligations under this Agreement will not conflict with or violate
any agreement or other obligation of Licensor or binding upon Licensor’s assets, including but not
limited to the Licensed Marks.

 

 

 

15. SEVERABILITY. If any provision of this Agreement is held to be illegal, invalid or
unenforceable under any present or future law, and if the rights or obligations of either Party
under this Agreement will not be materially and adversely affected thereby, (a) such provision will
be fully severable, (b) this Agreement will be construed and enforced as if such illegal, invalid
or unenforceable provision had never comprised a part hereof, (c) the remaining provisions of this
Agreement will remain in full force and effect and will not be affected by the illegal, invalid or
unenforceable provision or by its severance herefrom, and (d) in lieu of such illegal, invalid or
unenforceable provision, there will be added automatically as a part of this Agreement a legal,
valid and enforceable provision as similar to such illegal, invalid or unenforceable provision as
may be possible and reasonably acceptable to the Parties.

16. WAIVER. No waiver by any Party in one or more instances of any of the provisions of
this Agreement or the breach thereof shall establish a precedent for any other instance with
respect to that or any other provision. Furthermore, in case of waiver of a particular provision,
all other provisions of this Agreement will continue in full force and effect.

17. INTEGRATION. This Agreement (including Exhibits hereto), and the License and
Collaboration Agreement, embodies the entire agreement of the Parties hereto with respect to the
subject matter hereof and supersedes any and all prior agreements with respect thereto.

[Remainder of page intentionally left blank]

 

 

 

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed as of the
Effective Date by their duly authorized representatives.

	 	 	 	 	 
	AMICUS THERAPEUTICS, INC.

 	 	 
	By:  	 	 	 
	 	Name:  	 	 	 
	 	Title:  	 	 	 
	 
	GLAXO GROUP LIMITED

 	 	 
	By:  	 	 	 
	 	Name:  	 	 	 
	 	Title:  	 	 	 

 

 

 

EXHIBIT A

TO TRADEMARK LICENSE AGREEMENT

LICENSED MARKS

	 	 	 	 	 
	 	 	Registration/Application	 	 
	Mark	 	No.	 	Territory/Country
	 
	 	 	 	 
	AMIGAL

	 	3652668 
	 	US
	 
	 	 	 	 
	AMIGAL

	 	128551900 (Application)
	 	Canada
	 
	 	 	 	 
	AMIGAL

	 	969558 
	 	Mexico
	 
	 	 	 	 
	AMIGAL

	 	828170193 (Application)
	 	Brazil
	 
	 	 	 	 
	AMIGAL

	 	879558 
	 	EU (Austria, Benelux
(Belgium, the Netherlands
and Luxembourg), Bulgaria,
Cyprus, the Czech Republic,
Denmark, Estonia, Finland,
France, Germany, Greece,
Hungary, Ireland, Italy,
Latvia, Lithuania, Malta,
Poland, Portugal, Romania,
the Slovak Republic,
Slovenia, Spain, Sweden and
the United Kingdom) 

Australia 

Japan 

Norway 

Singapore

 

 

 

EXHIBIT D

TRADEMARK LICENSE AGREEMENT

THIS TRADEMARK LICENSE AGREEMENT (“Agreement”) is made as of the                      day of
                    , 2010 (the “Effective Date”) by and between Glaxo Group Limited, a
company organized under the laws of England and Wales with its registered office at Glaxo Wellcome
House, Berkeley Avenue, Greenford, Middlesex, UB6 0NN, England (“Licensor”), as licensor,
and Amicus Therapeutics, Inc., a Delaware corporation having a place of business at 6 Cedar Brook
Drive, Cranbury, New Jersey, 08512 (“Licensee”), as licensee. Licensee and Licensor are
sometimes collectively referred to herein as the “Parties” and separately as a
“Party.”

WHEREAS, pursuant to that certain License and Collaboration Agreement by and between Licensee
and Licensor, dated as of the                      day of October, 2010 (the “License and Collaboration
Agreement”), Licensor agreed to license to Licensee certain trademarks in the Territory as set
forth on Exhibit A attached hereto, including all common law rights to such trademarks in
the Territory (the “Licensed Marks”);

WHEREAS, Licensor is willing to grant, and Licensee is willing to receive, a license to use
the Licensed Marks in connection with Compound and Products (as those terms are defined in the
License and Collaboration Agreement) in Territory pursuant to the terms and conditions set forth in
this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants, agreements and stipulations set
forth herein and in the License and Collaboration Agreement, the receipt and legal sufficiency of
which are hereby mutually acknowledged, Licensor and Licensee hereby agree as follows:

	1.	 	DEFINITIONS. Capitalized terms not otherwise defined in this Agreement shall have
the meanings set forth in the License and Collaboration Agreement.

2. GRANT OF LICENSE. During the Term of this Agreement, and pursuant to the terms and
conditions contained herein, Licensor hereby grants to Licensee and its Affiliates, and Licensee
and its Affiliates hereby accept, a non-exclusive, royalty-free license to use the Licensed Marks
in the country or countries of the Territory solely in connection with Licensee’s right to:

	 	2.1.	 	Develop Compound and Product in the Field as provided in Article V of the
License and Collaboration Agreement;

	 	2.2.	 	Manufacture Compound or Product in the Field in accordance with Section 6.5 of
the License and Collaboration Agreement; and

	 	2.3.	 	engage in Commercialization activities in accordance with the then-current
Marketing Plan in the Field in accordance with Article VI of the License and
Collaboration Agreement.

 

 

 

Licensee shall have the right to use the Licensed Marks (excluding GSK House Marks) as part of
a domain name, subject to Licensor’s prior written approval and provided that Licensee remains
responsible for all costs associated with development and operation of the associated website.

3. USE OF THE LICENSED MARKS 

	 	3.1.	 	Upon reasonable advance written request, Licensee agrees to submit to Licensor
samples of the Product (to the extent Manufactured by Licensee or its designee) and
samples of packaging of the Product displaying the Licensed Marks for Licensor’s
inspection. If Licensor reasonably determines that Licensee has failed to maintain a
level of quality consistent with those normally employed by the Licensor in the use of
the Licensor’s Trademarks, then Licensor may request that Licensee take reasonable
steps to remedy any such deficiencies and Licensee agrees to take commercially
reasonable actions to comply with such requests, and in any event, the Licensee shall
not use or distribute Product or any packaging for the Product displaying the Licensed
Marks until it has complied with such requests.

	 	3.2.	 	Licensee and its Affiliates and sub-licensees shall comply with all applicable
laws and regulations pertaining to the Commercialization of Products bearing the
Licensed Marks, to the extent that Licensee shall perform any such Commercialization
activities under the License and Collaboration Agreement.

4. MAINTENANCE OF LICENSED MARKS.

	 	4.1.	 	Licensor shall prepare, file, prosecute and maintain trademark applications and
registrations for the Licensed Marks used on or in connection with Product in the
Territory. All costs and expenses (including but not limited to attorneys’ fees and
expenses and official fees) of preparing, filing, prosecuting and maintaining the
Licensed Marks shall be borne by Licensor.

	 	4.2.	 	Licensor shall not (i) abandon any rights in the Licensed Marks in the
Territory, (ii) abandon or allow to lapse any pending application for the Licensed
Marks in the Territory, or (iii) permit any active registration for the Licensed Marks
to lapse, expire or be cancelled in the Territory, without first notifying Licensee.

5. TERM. This Agreement shall be effective commencing on the Effective Date and shall
continue perpetually unless terminated as set forth in Section 6 below.

6. TERMINATION.

	 	6.1.	 	This Agreement shall terminate automatically, without notice or any further
action hereunder by either Party: (a) in its entirety upon the expiration or
termination of the License and Collaboration Agreement in its entirety by GSK pursuant
to Section 13.2 of the License and Collaboration Agreement or by either Party pursuant
to Section 13.4 of the License and Collaboration Agreement; or (b) with respect to a
particular Licensed Mark, (i) upon assignment of such Licensed
Mark (other than a GSK House Mark) to Licensee, if the License and Collaboration
Agreement is terminated by GSK pursuant to Section 13.3, or by Amicus pursuant to
Section 13.2, of the License and Collaboration Agreement, or (ii) upon termination
of the License and Collaboration Agreement by GSK pursuant to Section 13.2, with
respect to the Product with which such Licensed Mark is used and/or in the
country(ies) of the Territory in which such Licensed Mark is registered or in use by
a Party.

 

 

 

	 	6.2.	 	The Parties may terminate this Agreement in its entirety or on a Licensed
Mark-by-Licensed Mark basis at any time and for any reason during the Term upon their
mutual written agreement; provided that the Parties shall agree to terminate this
Agreement, in its entirety, or on a Licensed Mark-by-Licensed Mark basis, as
applicable, if the JSC determines in accordance with Section 2.4, 4.3.1 and 6.3 of the
License and Collaboration Agreement that such Licensed Mark(s) shall no longer be used
with respect to a Product(s) in a particular country(ies) of the Territory.

	 	6.3.	 	Subject to and in accordance with Section 14.3 of the License and Collaboration
Agreement, upon termination or expiration of this Agreement, Licensee agrees, with
respect to any Licensed Marks that are not Terminated Product Trademarks assigned (or
to be assigned) to Amicus in accordance with Section 14.3.9 of the License and
Collaboration Agreement: (i) immediately to discontinue, and to cause all of Licensee’s
Affiliates and any sub-licensees of Licensee thereof immediately to discontinue, use of
such Licensed Marks; (ii) upon Licensor’s request, to return to Licensor or destroy all
tangible embodiments of any such Licensed Marks; and (iii) if such items or materials
are destroyed by Licensee at Licensor’s request, to furnish Licensor with certification
and evidence of such destruction.

7. OWNERSHIP. Licensor represents and warrants, and Licensee acknowledges, that the
Licensed Marks are the sole and exclusive property of Licensor or its Affiliates and all goodwill
accrued through use of the Licensed Marks shall be deemed to be the absolute property of Licensor
or its Affiliates. Licensee further acknowledges that nothing in this Agreement confers upon
Licensee any right of ownership in and to the Licensed Marks. Licensee agrees to reasonably
cooperate with Licensor to execute, deliver, and otherwise provide to Licensor all information and
documents reasonably requested for the purpose of establishing, registering, evidencing or
defending Licensor’s complete and exclusive ownership of all rights, titles, and interests of every
kind and nature whatsoever in and to the Licensed Marks. Licensee agrees not to register, use or
authorize the use of any trademark or designation confusingly similar to the Licensed Marks, and
Licensee agrees not to challenge Licensor’s or its Affiliates’ ownership of the Licensed Marks.

 

 

 

8. ASSIGNMENTS. Neither this Agreement, nor any of the rights or obligations of a Party
may be directly or indirectly assigned, sold, delegated or otherwise disposed of by a Party except
in connection with such Party’s assignment of, and to the same assignee as, the License and
Collaboration Agreement in accordance with Section 16.3 of the License and Collaboration Agreement.

	 	8.1.	 	No assignment under this Section 8 shall be effective unless the intended assignee
executes and delivers to the Party which is not the assignor a writing whereby the assignee
expressly undertakes to perform and comply with all of its assignor’s obligations
hereunder. Notwithstanding such undertaking, such assignor shall continue to be primarily
liable for such assignee’s performance hereof and compliance herewith.

	 	8.2.	 	Any assignment in violation of this Section 8 shall be void and of no effect.

	 	8.3.	 	This Agreement, and the rights and obligations of the Parties herein contained, shall
be binding upon, and shall inure to the benefit of, the Parties and their respective legal
representatives, successors and permitted assigns.

9. AMENDMENTS. No waiver, amendment or modification of any provision hereof or of any
right or remedy hereunder shall be effective unless in writing and signed by the Party against whom
such waiver, amendment or modification is sought to be enforced.

10. COUNTERPARTS. This Agreement may be executed in any number of counterparts, each of
which shall be deemed to be an original, but all of which together shall constitute but one and the
same instrument. Delivery of an executed counterpart signature page of this Agreement by facsimile
transmission shall be as effective as delivery of a manually executed signature page.

11. APPLICABLE LAW AND DISPUTE RESOLUTION. This Agreement shall be governed by,
interpreted and construed, and all claims and disputes, whether in tort, contract or otherwise be
resolved in accordance with the substantive laws of the State of Delaware without reference to any
rules of conflict of laws. Any and all disputes under this Agreement shall be resolved in
accordance with Section 16.2 of the License and Collaboration Agreement.

12. FURTHER ASSURANCES. Each of Party shall, at any time or from time to time after the
Effective Date, at the request and expense of the other Party, execute and deliver to the other
Party all such instruments and documents or further assurances as the other Party may reasonably
request in order to give effect to the transactions contemplated by this Agreement, including but
not limited to Licensee’s request for Licensor’s cooperation to record or register this Agreement
with any applicable governmental entity.

13. REPRESENTATIONS AND WARRANTIES. Each Party represents and warrants that (i) this
Agreement has been duly and validly executed and delivered by such Party and constitutes a legal
and binding obligation of such Party, enforceable against it in accordance with its terms, and (ii)
it has all necessary right, power and authority to execute and perform its obligations under this
Agreement and to grant the rights granted herein. Licensor further represents and warrants that it
is the owner of all right, title, and interest in and to the Licensed Marks and that the execution,
delivery, and performance of its obligations under this Agreement will not conflict with or violate
any agreement or other obligation of Licensor or binding upon Licensor’s assets, including but not
limited to the Licensed Marks.

 

 

 

14. SEVERABILITY. If any provision of this Agreement is held to be illegal, invalid or
unenforceable under any present or future law, and if the rights or obligations of either Party
under this Agreement will not be materially and adversely affected thereby, (a) such provision will
be fully severable, (b) this Agreement will be construed and enforced as if such illegal,
invalid or unenforceable provision had never comprised a part hereof, (c) the remaining provisions
of this Agreement will remain in full force and effect and will not be affected by the illegal,
invalid or unenforceable provision or by its severance herefrom, and (d) in lieu of such illegal,
invalid or unenforceable provision, there will be added automatically as a part of this Agreement a
legal, valid and enforceable provision as similar to such illegal, invalid or unenforceable
provision as may be possible and reasonably acceptable to the Parties.

15. WAIVER. No waiver by any Party in one or more instances of any of the provisions of
this Agreement or the breach thereof shall establish a precedent for any other instance with
respect to that or any other provision. Furthermore, in case of waiver of a particular provision,
all other provisions of this Agreement will continue in full force and effect.

16. INTEGRATION. This Agreement (including Exhibits hereto), and the License and
Collaboration Agreement, embodies the entire agreement of the Parties hereto with respect to the
subject matter hereof and supersedes any and all prior agreements with respect thereto.

[Remainder of page intentionally left blank]

 

 

 

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed as of the
Effective Date by their duly authorized representatives.

	 	 	 	 	 
	GLAXO GROUP LIMITED

 	 	 
	By:  	 	 	 
	 	Name:  	 	 	 
	 	Title:  	 	 	 
	 
	AMICUS THERAPEUTICS, INC.

 	 	 
	By:  	 	 	 
	 	Name:  	 	 	 
	 	Title:  	 	 	 

 

 

 

EXHIBIT A

TO TRADEMARK LICENSE AGREEMENT

LICENSED MARKS

	 	 	 	 	 
	Mark	 	Registration No.	 	Territory/Country
	 
	 	 
	 	 

 

 

 

Exhibit 10.30 (schedules)

Schedule 1.25

BACKGROUND LICENSE AGREEMENTS

	1)	 	******

	2)	 	******

	3)	 	Amended and Restated Agreement between Mount Sinai School of Medicine of New
York University and Amicus Therapeutics, Inc., dated October 31, 2008.

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

Exhibit 10.30 (schedules)

Schedule 1.34

DESCRIPTION OF COMPOUND

United States Adopted Name: migalastat

Other Chemical Names:

	1)	 	1-deoxygalactonojirimycin
	 
	2)	 	(2R,3S,4R,5S)-2-(hydroxymethyl)piperidine-3,4,5-triol

Chemical Structure:

MOLECULAR FORMULA: C6H13NO4

MOLECULAR WEIGHT: 163.17

CAS REGISTRY NUMBER: 108147-54-2

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

Exhibit 10.30 (schedules)

Schedule 2.2

RESTRICTED SUBLICENSEES

******

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

Schedule 3.5.2

THIRD PARTY ROYALTIES OWED BY AMICUS

As of the Effective Date, pursuant to Amended and Restated Agreement between Mount Sinai School of
Medicine of New York University (“MSSM”) and Amicus Therapeutics, Inc., dated October 31,
2008 (“MSSM License”) royalties are payable by Amicus to MSSM at the rates specified below
and otherwise in accordance with the terms of the MSSM License:

	 	•	 	******; and

	 	•	 	******.

Capitalized terms used in this Schedule 3.5.2 and not defined in the License and
Collaboration Agreement to which this Schedule 3.5.2 is attached have the meanings given to
such terms in the MSSM License, a copy of which has been provided by Amicus to GSK prior to the
Effective Date.

 

 

 

Exhibit 10.30 (schedules)

Schedule 5.1

INITIAL DEVELOPMENT PLAN

******

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

Schedule 5.1.5

DEVELOPMENT COST SHARING

******

 

 

 

Exhibit 10.30 (schedules)

Schedule 6.5.1

TECHNOLOGY TRANSFER REQUIREMENTS

Technology Transfer Requirements

Contacts

	1.	 	Name, address, phone, FAX, and e-mail address key technical contacts at Amicus and all third
parties involved in process development, manufacture, analysis, or release.

Materials

	2.	 	Entire inventory of drug substance, and intermediates, along with their batch histories,
batch records and analytical results (to the extent such histories, records and analytical
results can be reproduced and transferred from the site of the contract manufacturer).

	3.	 	All drug substance primary reference standard and any reports describing its characterization
and assignment of purity.

	4.	 	Working references standards for drug substance, intermediates and impurities along with any
report on their comparability, characterization, or assignment of purity.

API (chemical synthesis)

	5.	 	An updated schematic of the chemical synthesis, including typical yields for each stage.

	6.	 	Copies of detailed complete manufacturing instructions for all stages and operations of the
API chemical synthesis processes on the largest scale to date, including all in-process
analytical tests and methods.

	7.	 	Available documented process knowledge established through development and commercial supply.

	8.	 	Cleaning method and validation reports for each stage of the chemical processes.

	9.	 	For all key raw materials, a table of suppliers, cost/kg, ordering lead times, and buying
specifications, including detailed specifications of any components to the extent access to
such information is provided to Amicus by the contract manufacturer.

	10.	 	A summary report describing the history of chemical synthesis process development, changes
and their reason, and optimization of the processes.

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

Analytical

	11.	 	A report summarizing available data describing the physical properties of the drug substance,
including MW, solubility, pI, etc as applicable.

	12.	 	The Drug Substance Stability Report, including all data and methods.

	13.	 	Current specifications for drug substance and starting materials, including justification for
the specifications.

	14.	 	A complete drug substance batch history table, including lot number, amount, Certificates of
Analyses, and use or intended use (particularly for safety assessment or clinical studies).

	15.	 	A statement or certificate of available api inventory is free from TSEs/BSEs.

	16.	 	All analytical methods employed for analysis of the drug substance used in safety assessment
and clinical trial supplies. This should include methods/limits of detection/limits of
quantification for heavy metals and low level potential genotoxic impurities if such analysis
is performed.

	17.	 	A table listing all impurities (by Retention Time of the major, Relative Retention Time and
{% (a/a) or (w/w)} of all impurities present in the drug substance used in safety assessment
studies and in the clinical trial supplies.

	18.	 	A table or report describing drug substance impurities including critical and typical levels,
probable origins, and methods for control, particularly for any known or potential
highly-toxic or mutagenic impurities or degradants.

	19.	 	A report summarizing effort to characterize drug substance impurities.

	20.	 	A report summarizing the history of analytical methods development.

	21.	 	A table of isolated intermediate acceptance criteria or buying specifications, and their
analytical methods (including purity profile), including limits for any potentially mutagenic
or highly toxic impurities.

	22.	 	Recommended storage conditions for the drug substance and intermediates suitable for
international shipping.

	23.	 	Any shipping studies data for drug substance and intermediates including container
specifications used for storage and shipping.

Drug Product: Formulation and Manufacturing

	24.	 	Full analytical data on all batches of drug substance that have been converted to drug
product.

	25.	 	Reports on and details of pre-formulation studies

	26.	 	Reports on and details of development pharmaceutics, including all formulation approaches
considered and evaluated

	27.	 	Any analytical methods developed or modified subsequent to formulation development, method
validation and drug product specifications.

	28.	 	Results of any drug-excipient compatibility studies that have been conducted if applicable.

 

 

 

	29.	 	Any available drug product stability data

	30.	 	Details of the manufacturing process

	31.	 	Full manufacturing records to the extent access to such information is provided to Amicus by
the contract manufacturer (******)

	32.	 	Statement or certificate that the drug product capsules do not contain TSEs/BSEs.

	33.	 	Inventory of all drug batches, with CoA, shelf life, input drug substance and other details

	34.	 	Formulation and process details of toxicology formulations and approaches including crystal
form of input drug substance

	35.	 	Any shipping studies or data product including container specifications used for storage and
shipping.

Regulatory

	36.	 	All CMC regulatory documentation including all regulatory filings, including agency questions
and responses, especially those related to any aspect of primary drug substance manufacture,
analysis, batch histories, impurity profiles, or stability.

	37.	 	Any regulatory data to support international shipment or shaking of drug substance or process
materials.

	38.	 	Any drug substance process data or reports needed to support GSK regulatory filings.

Environmental, Health and Safety

	39.	 	Any worker safety information on the drug substance, formulation, reagents/excipients,
including toxicity (including exposure limits, where known), thermal, gaseous or other
hazards.

	 	•	 	MSDS (where applicable)
	 
	 	•	 	Occupational exposure limits or exposure guidelines (where defined).
	 
	 	•	 	Occupational Hygiene monitoring and analytical methods (where available)

 

 

 

	40.	 	A report summarizing any environmental process safety assessment for the API process,
including

	 	•	 	Environmental fate and effects data (e.g., aquatic toxicity, biodegradability,
bioaccumulation potential) for API/materials/excipients.

	 	•	 	Chemical hazard data for the process used to manufacture drug substance (e.g., material
stability, hazardous incompatibilities, etc.)

Intellectual Property

	 	•	 	Reference to any Amicus intellectual property (e.g. patents, patent applications)
covering the drug substance, intermediates, or synthetic processes.

 

 

 

Exhibit 10.30 (schedules)

Schedule 6.5.4

AMICUS API AND DRUG PRODUCT SPECIFICATIONS

******

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

Exhibit 10.30 (schedules)

Schedule 7.2.1

GSK PROSECUTED AMICUS PATENTS

******

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

Exhibit 10.30 (schedules)

Schedule 7.2.2

AMICUS PROSECUTED PATENTS

******

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

Exhibit 10.30 (schedules)

Schedule 7.2.3

PATENT APPLICATIONS TO BE SEGREGATED PER SECTION 7.2.3

******

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

Exhibit 10.30 (schedules)

Schedule 10.2

BACKGROUND LICENSE AGREEMENT PROVISIONS

1. MSSM LICENSE

Pursuant to Section 2.d. of the MSSM License, GSK agrees: (i) to be bound by, and comply with,
Sections 6 (Confidential Information), 9 (Liability and Indemnification) and 10 (Security for
Indemnification) of the MSSM License (substituting “GSK” for “AMICUS” in such provisions), the text
of which is included below and incorporated herein by reference, to the extent applicable to GSK in
its capacity as sublicensee; and (ii) that MSSM is an intended third party beneficiary of the
Agreement for purposes of enforcing such indemnification and insurance provisions.

Pursuant to Section 2.c. of the MSSM License, GSK agrees: (a) the sublicense granted by Amicus
to GSK under the MSSM License shall be subject and subordinate to the terms and conditions of the
MSSM License; (b) such sublicense shall expire automatically on the termination of the MSSM
License; (c) such sublicense shall not be assignable, in whole or in part; provided, however, that
GSK may, with written notice to MSSM, assign the sublicense in connection with a merger or
acquisition of GSK or the sale by the sublicensee of substantially all of its assets; (d) GSK shall
be entitled to grant further sublicenses, provided that GSK complies with the obligations of Amicus
under Section 2.c., Section 2.d. and all other provisions of MSSM License relating to the grant of
sublicenses by Amicus under the MSSM License; and (e) both during the term of such sublicense and
thereafter GSK shall be bound by a secrecy obligation similar to that imposed on Amicus in Section
6 of the MSSM License, and that GSK shall bind its employees and agents, both during the terms of
their employment and thereafter, with a similar undertaking of secrecy. In addition, GSK, in its
capacity as a sublicensee under the MSSM License, specifically agrees to comply with the audit
rights applicable to sublicensees and the obligation to maintain books and records to enable the
determination of the amounts payable by Amicus, as a result of the activities of GSK in its
capacity as a sublicensee under the MSSM License.

Provisions Extracted from MSSM License:

Capitalized terms in the following provisions of the MSSM License, but not defined therein, shall
have the meanings given to such terms in the MSSM License.

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

	“6.	 	Confidential Information.

	 	a.	 	In the course of research to be performed under this Agreement, it will be
necessary for each party to disclose “Confidential Information” to the other. For
purposes of this Agreement, “Confidential Information” is defined as all
information, data and know-how disclosed by one party (the “Disclosing Party”) to the
other (the “Receiving Party”), either embodied in tangible materials (including writings,
drawings, graphs, charts, photographs, recordings, structures, technical and other
information) marked “Confidential” or, if initially disclosed orally, which is
reduced to writing marked “Confidential” within 21 days after initial oral
disclosure, other than that information which is,

	 	i)	 	known by the Receiving Party at the time of its receipt,
and not through a prior disclosure by the Disclosing Party, as documented by
the Receiving Party’s business records; or

	 	ii)	 	at the time of disclosure, or thereafter becomes,
published or otherwise part of the public domain without breach of this
Agreement by the Receiving Party; or

	 	iii)	 	obtained from a third party who has the legal right to
make such disclosure and without any confidentiality obligation to the
Disclosing Party; or

	 	iv)	 	independently developed by the Receiving Party without
the use of Confidential Information received from the Disclosing Party and
such independent development can be documented by the Receiving Party; or

	 	v)	 	disclosed to governmental or other regulatory agencies in
order to obtain patents, provided that such disclosure may be made only to
the extent reasonably necessary to obtain such patents or authorizations,
and further provided that any such patent applications shall be filed in
accordance with the terms of this Agreement; or

	 	vi)	 	required by law, regulation, rule, act or order of any
governmental authority to be disclosed.

	 	b.	 	The Receiving Party agrees that at all times and notwithstanding any
termination, expiration, or cancellation hereunder, it will hold the Confidential
Information of the Disclosing Party in strict confidence, will use all reasonable
safeguards to prevent unauthorized disclosure by its employees and agents.
Notwithstanding the foregoing, the parties recognize that industry standards with
respect to the treatment of Confidential Information may not be appropriate in an
academic setting. However, MSSM agrees to retain Confidential Information of AMICUS in
the same manner and with the same level of confidentiality as MSSM retains its own
Confidential Information.

	 	c.	 	The Receiving Party will maintain reasonable procedures to prevent accidental
or other loss, including unauthorized publication of any Confidential Information of
the Disclosing Party. The Receiving Party will promptly notify the Disclosing Party in
the event of any loss or unauthorized disclosure of the Confidential Information.

	 	d.	 	Upon termination or expiration of this Agreement, and upon written request, the
Receiving Party will promptly return to the Disclosing Party all documents or other
tangible materials representing Confidential Information and all copies thereof.

	 	e.	 	The Receiving Party will immediately notify the Disclosing Party in writing, if
it is requested by a court order, a governmental agency, or any other entity to
disclose Confidential Information in the Receiving Party’s possession. The Disclosing
Party will have an opportunity to intervene by seeking a protective order or other
similar order, in order to limit or prevent disclosure of the Confidential Information.
The Receiving Party will disclose only the minimum Confidential Information required
to be disclosed in order to comply, whether or not a protective order or other similar
order is obtained by the Disclosing Party.”

 

 

 

	“9.	 	Liability and Indemnification.

	 	a.	 	AMICUS shall indemnify, defend and hold harmless MSSM and its trustees,
officers, directors, medical and professional staff, employees, students and agents and
their respective successors, heirs and assigns (the “Indemnitees”), against any
liability, damage, loss or expense (including reasonable attorneys’ fees and expenses
of litigation) incurred by or imposed upon the Indemnitees or any one of them in
connection with any claims, suits, actions, demands or judgments: (i) arising out of
the production, manufacture, sale, use in commerce or in human clinical trials, lease,
or promotion by AMICUS or by a licensee, Affiliate or agent of AMICUS of any Licensed
Product, process or service relating to, or developed pursuant to, this Agreement, or
(ii) arising out of any other activities to be carried out pursuant to this Agreement.

	 	b.	 	AMICUS’s indemnification under subsection a(i), above, shall apply to any
liability, damage, loss or expense whether or not it is attributable to the negligent
activities of the Indemnitees. AMICUS’s indemnification under subsection a(ii) above,
shall not apply to any liability, damage, toss or expense to the extent that it is
attributable to the negligence, gross negligence or intentional misconduct of the
Indemnitees.

	 	c.	 	AMICUS shall, at its own expense, provide attorneys reasonably acceptable to
MSSM to defend against any actions brought or filed against any party indemnified
hereunder with respect to the subject of indemnity contained herein, whether or not
such actions are rightfully brought.

	 	d.	 	EXCEPT AS PROVIDED IN THIS SECTION 9, NEITHER PARTY SHALL BE LIABLE TO THE
OTHER FOR INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY OR PUNITIVE DAMAGES.

 

 

 

	 	10.	 	Security for Indemnification.

	 	a.	 	At such time as any Licensed Product is being commercially distributed or sold
(other than for the purpose of obtaining regulatory approvals) by AMICUS or by a sub-licensee, Affiliate or agent of AMICUS and to the extent that it is available on
commercially reasonable terms, AMICUS shall at its sole cost and expense, procure and
maintain policies of comprehensive general liability insurance in amounts not less
than ****** per incident and ****** annual aggregate and naming the indemnitees as
additional insureds. Such comprehensive general liability insurance shall provide
(i) product liability coverage and (ii) broad form contractual liability coverage for
AMICUS’s indemnification under Section 9 of this Agreement. The minimum amounts of
insurance coverage required under this Section 10 shall not be construed as a limit
of AMICUS’s liability with respect to its indemnification under Section 9 of this
Agreement.

	 	b.	 	AMICUS shall provide MSSM with written evidence of such insurance upon request
of MSSM. AMICUS shall provide MSSM with written notice at least 60 days prior to the
cancellation, non-renewal or material change in such insurance; if AMICUS does not
obtain replacement insurance providing comparable coverage within such 60 day period
effective immediately upon notice to AMICUS, MSSM shall have the right to terminate
this Agreement effective at the end of such 60 day period without notice or any
additional waiting periods.

	 	c.	 	AMICUS shall maintain such comprehensive general liability insurance beyond the
expiration or termination of this Agreement during: (i) the period that any product,
process or service, relating to, or developed pursuant to, this Agreement is being
commercially distributed or sold (other than for the purpose of obtaining regulatory
approvals) by AMICUS or by a licensee, Affiliate or agent of AMICUS and (ii) a
reasonable period after the period referred to in (c)(i) above which in no event shall
be less than seven years.”

 

 

 

Exhibit 10.30 (schedules)

Schedule 13.6

CALCULATION OF ROYALTY RATE REDUCTION

******

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.Exhibit 10.31

Exhibit 10.31

Portions of this exhibit have been omitted and filed separately with the Secretary of the
Securities and Exchange Commission (the “Commission”) pursuant to an application for confidential
treatment filed with the Commission pursuant to Rule 24b-2 under the Securities Exchange Act of
1934, as amended. Such portions are marked as indicated below.

STOCK PURCHASE AGREEMENT

THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made as of the 28th day
of October, 2010 (the “SPA Effective Date”) by and between Amicus Therapeutics, Inc.
(“Amicus”), a Delaware corporation with its principal place of business at 6 Cedar Brook
Drive, Cranbury, New Jersey 08512, and Glaxo Group Limited, a company organized under the laws of
England and Wales with its registered office address at Glaxo Wellcome House, Berkeley Avenue,
Greenford, Middlesex, UB6 0NN, England (“GSK”). Amicus and GSK are each referred to herein
by name or as a “Party” or, collectively, as the “Parties”.

RECITALS

WHEREAS, Amicus and GSK entered into that certain License and Collaboration Agreement dated as
of October 28th, 2010 (the “License and Collaboration Agreement”); and

WHEREAS, in connection with the execution of the License and Collaboration Agreement, Amicus
desires to sell to GSK and GSK desires to purchase from Amicus shares of Common Stock of Amicus on
the terms and subject to the conditions set forth in this Agreement.

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants and
agreements contained herein, the Parties hereto, intending to be legally bound, do hereby agree as
follows:

1. Definitions. The capitalized terms used herein shall have the meanings ascribed to them
below, provided that capitalized terms used herein that are not defined herein shall have the
meanings ascribed to them in the License and Collaboration Agreement:

1.1. “Affiliate” means, with respect to any specified Person, at any time, a Person
that, directly or indirectly, through one or more intermediaries, controls, or is controlled by, or
is under common control with, such specified Person at such time. For purposes of this definition,
“control,” when used with respect to any specified Person, shall mean (a) the direct or indirect
ownership of more than fifty percent (50%) (or such lesser percentage which is the maximum allowed
to be owned by a foreign corporation in a particular jurisdiction) of the total voting power of
securities or other evidences of ownership interest in such Person or (b) the power to direct or
cause the direction of the management and policies of such Person, directly or indirectly, whether
through ownership of voting securities, by contract or otherwise.

1.2. “Closing” has the meaning ascribed to it in Section 3.1.

1.3. “Closing Date” means the day on which the transaction that is the subject of such
Closing is consummated as set forth in Section 3.1.

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

 

 

1.4. “Common Stock” means the common stock of Amicus, par value $0.01 per share.

1.5. “Exchange Act” means the Securities Exchange Act of 1934, as amended, together
with the rules and regulations promulgated thereunder.

1.6. “FDA Documents” has the meaning ascribed to such term in Section 4.7.

1.7. “GAAP” means generally accepted accounting principles in the United States.

1.8. “GSK Indemnitee” has the meaning ascribed to such term in Section 7.5.

1.9. “Holder” means each person owning of record Registrable Securities that have not
been sold to the public.

1.10. “Investor Rights Agreement Investor” means any Person, other than Amicus and
GSK, that owns shares of Common Stock and is party to the Third Amended and Restated Investor
Rights Agreement dated as of September 13, 2006 by and among Amicus and the investors named
therein.

1.11. “Knowledge” means the knowledge of such Person, assuming that such Person
engaged in reasonable inquiry or investigation with respect to the relative subject matter.

1.12. “Lock-Up Period” has the meaning ascribed to such term in Section 8.5.

1.13. “Material Adverse Effect” on or with respect to an entity (or group of entities
taken as a whole) means any state of facts, event, change or effect that has had, or that would
reasonably expected to have, a material adverse effect on the business, properties, results of
operations or financial condition of such entity (or of such group of entities taken as a whole).

1.14. “Nasdaq” means the Nasdaq Stock Market, Inc.

1.15. “Party” means a party to this Agreement.

1.16. “Per Share Price” has the meaning ascribed to it in Section 2.

1.17. “Purchase Price” has the meaning ascribed to it in Section 2.

1.18. “Person” means any individual, firm, corporation, partnership, limited liability
company, trust, incorporated or unincorporated association, joint venture, joint stock company,
government (or an agency or political subdivision thereof) or other entity of any kind, and shall
include any successor (by merger or otherwise) of such entity.

1.19. “Register,” “Registered,” and “Registration” refer to a
registration effected by preparing and filing a Registration Statement in compliance with the
Securities Act, and the declaration or ordering of effectiveness of such Registration Statement or
document by the SEC.

 

	 	 	 
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1.20. “Registrable Securities” means (a) the Shares, and (b) any shares of Common
Stock of Amicus or other securities issued as (or issuable upon the conversion or exercise of any
warrant, right or other security which is issued as) a dividend or other distribution with respect
to, or in exchange for or in replacement of, the Shares by way of stock dividend, stock split or in
connection with a combination of shares, recapitalization or other reorganization or otherwise.
Notwithstanding the foregoing, as to any particular Shares or other securities described above,
once issued they shall cease to be Registrable Securities when (1) a registration statement with
respect to the sale of such securities shall have become effective under the Securities Act and
such securities shall have been disposed of in accordance with such registration statement, (2)
they shall have been distributed pursuant to Rule 144 (or any successor provision) under the
Securities Act, (3) such securities may be sold without volume restrictions pursuant to Rule 144,
as determined by the counsel to Amicus pursuant to a written opinion letter to such effect,
addressed and acceptable to Amicus’s transfer agent, or (4) such securities shall have been
otherwise transferred in a private transaction in which the rights under Section 7 hereof have not
been assigned in connection with such transfer.

1.21. “Registration Statement” means a Registration Statement filed pursuant to the
Securities Act.

1.22. “Rule 144” means Rule 144 promulgated under the Securities Act, or any successor
rule.

1.23. “SEC Documents” has the meaning ascribed to such term in Section 4.7.

1.24. “SEC Guidance” means (i) any publicly-available written guidance, or rule of
general applicability of the SEC staff, or (ii) written comments, requirements or requests of the
SEC staff to Amicus in connection with the review of a Registration Statement.

1.25. “SEC” means the U.S. Securities and Exchange Commission.

1.26. “Securities Act” means the Securities Act of 1933, as amended, together with the
rules and regulations promulgated thereunder.

1.27. “Shares” means the shares of Common Stock to be acquired by GSK hereunder as set
forth in Section 2.

1.28. “Standstill Term” has the meaning ascribed to such term in Section 8.1.

1.29. “Transaction Documents” means this Agreement and the License and Collaboration
Agreement.

1.30. “Voting Stock” means securities of any class or series of a corporation or
association the holders of which are ordinarily, in the absence of contingencies, entitled to vote
generally in matters put before the shareholders or members of such corporation or association, or
securities convertible or exchangeable into or exercisable for any such securities.

 

	 	 	 
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2. Purchase and Sale.

At the Closing, on terms and conditions as set forth herein, Amicus will sell to GSK and GSK
will purchase from Amicus, 6,866,244 shares of Common Stock to be issued by Amicus after the SPA
Effective Date in connection with this transaction which, as a percentage of Amicus’ total number
of shares of Common Stock issued and outstanding immediately following the Closing, will equal
nineteen and nine tenths percent (19.9%) of the total number of shares of Common Stock issued and
outstanding immediately following the Closing (the “Shares”), which number shall be subject
to appropriate and equitable adjustment for any stock split, stock dividend or reclassification of
the Common Stock or similar event between the date hereof and the Closing, for an aggregate
consideration equal to the product of the number of Shares times the Per Share Price (the
“Purchase Price”). For the purposes of this Section 2, the “Per Share Price” shall be
equal to ******. Schedule A sets forth the expected capitalization of the Company
immediately following Closing.

3. Closing.

3.1. Closing. Subject to the satisfaction or waiver of the conditions set forth in
Article 6, the completion of the sale and purchase of the Shares (the “Closing”) shall
occur within ten (10) Business Days of the SPA Effective Date; provided that if any
conditions have not been so satisfied or waived on such date, the Closing shall occur on the first
Business Day after the satisfaction or waiver (by the Party entitled to grant such waiver) of the
conditions to the Closing set forth in Article 6 herein (other than those conditions that by their
nature are to be satisfied at the Closing, but subject to fulfillment or waiver of those
conditions), or on such other date as the parties shall mutually agree (the “Closing
Date”).

3.2. Delivery. At the Closing, subject to the terms and conditions hereof:

(a) GSK shall deliver to Amicus:

(i) the Purchase Price by wire transfer within ten (10) Business Days after the SPA Effective
Date to the following account:

	 	 	 
	Bank:

	 	xxxxxxxxxxxxxxxxx
	Bank Address:

	 	xxxxxxxxxxxxxxxxx
	 

	 	xxxxxxxxxxxxxxxxx
	 
	 	 
	Beneficiary:

	 	Amicus Therapeutics, Inc.
	Beneficiary Address:

	 	6 Cedar Brook Drive
	 

	 	Cranbury, NJ 08512
	 
	 	 
	ABA:

	 	xxxxxxxxxxxxxxxxx
	Account:

	 	xxxxxxxxxxxxxxxxx
	SWIFT Code:

	 	xxxxxxxxxxxxxxxxx

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

-4-

 

(ii) together with any other documents as are required to be delivered by GSK to Amicus
pursuant to the terms of this Agreement; and

(b) Amicus will deliver to GSK a stock certificate, in the name of GSK, representing the
Shares purchased at the Closing, dated as of the Closing Date, against payment of such Purchase
Price, and any other documents as are required to be delivered by Amicus to GSK pursuant to the
terms of this Agreement, including resolutions of the Board of Directors of Amicus approving the
transactions contemplated by this Agreement.

3.3. Location. The Closing shall occur at the offices of Amicus, located at 6 Cedar
Brook Drive, Cranbury, New Jersey 08512 (or remotely via the exchange of signatures and documents)
unless otherwise agreed to by the Parties.

4. Representations and Warranties of Amicus. Amicus hereby represents and warrants to GSK
as of the date hereof and as of the Closing Date (except as set forth below), as follows:

4.1. Capitalization. As of October 25, 2010, the authorized capital stock of Amicus
consisted of (a) 50,000,000 shares of Common Stock, of which (i) 27,637,495 shares were issued and
outstanding, (ii) up to 1,854,946 shares have been reserved for issuance upon exercise of
outstanding common stock warrants, (iii) 4,966,667 shares have been reserved for issuance under
Amicus’s Amended and Restated 2007 Equity Incentive Plan, (iv) 390,797 shares have been reserved
for issuance under Amicus’s Amended and Restated 2007 Director Option Plan, (v) 1,644,268 shares
have been reserved for issuance under Amicus’s 2002 Equity Incentive Plan, and (iv) 200,000 shares
have been reserved for issuance under Amicus’s 2007 Employee Stock Purchase Plan; and (b)
10,000,000 shares of preferred stock, none of which is outstanding. All issued and outstanding
shares of Amicus’s capital stock have been duly authorized and validly issued, and are fully paid
and nonassessable, and were issued in compliance with all applicable federal and state securities
laws. As of the SPA Effective Date, there are no preemptive or similar rights on the part of any
holder of any class or securities of Amicus. As of the SPA Effective Date, except as set forth in
the SEC Documents or as described or referred to above, there are no securities convertible into or
exchangeable for, or options, warrants, calls, subscriptions, rights, contracts, commitments, or
understandings of any kind to which Amicus is a party or by which it is bound obligating Amicus to
issue, deliver or sell, or cause to be issued, delivered or sold additional shares of its capital
stock or other voting securities of Amicus. As of the SPA Effective Date, there are no outstanding
agreements of Amicus to repurchase, redeem or otherwise acquire any shares of its capital stock.
At the Closing, Amicus shall provide GSK with a certificate of a duly authorized officer of Amicus
setting forth: (a) the capitalization of Amicus immediately following the Closing including the
number of shares of the following: (i) issued and outstanding Common Stock, including, with
respect to restricted Common Stock, vesting schedule and repurchase price; (ii) issued stock
options, including vesting schedule and exercise price; (iii) stock options not yet issued but
reserved for issuance; (iv) each series of preferred stock; and (v) warrants or stock purchase
rights, if any; and (b) that as of the Closing Date (i) except as set forth in the SEC Documents or
as described or referred to above, there are no securities convertible into or exchangeable for, or
options, warrants, calls, subscriptions, rights, contracts, commitments, or understandings of any
kind to which Amicus is a party or by which it is bound obligating Amicus to issue, deliver or
sell, or cause to be issued, delivered or sold additional shares of its capital stock or other
voting securities of Amicus; and (ii) there are no outstanding agreements of Amicus to repurchase,
redeem or otherwise acquire any shares of its capital stock.

 

	 	 	 
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4.2. Litigation. There are no actions, suits, proceedings or, to its Knowledge, any
investigations, pending or currently threatened against Amicus that questions the validity of this
Agreement or the issuance of the Common Stock contemplated hereby, nor to its Knowledge, is there
any basis therefor. As of the Closing, there is no other material action, suit, or proceeding
pending or, to the Knowledge of Amicus, currently threatened against Amicus. As of the Closing,
there are no material outstanding consents, orders, decrees or judgments of any governmental entity
naming Amicus.

4.3. Organization and Good Standing. Amicus is a corporation duly organized, validly
existing and in good standing under the laws of the State of Delaware and has all requisite
corporate power and authority to own, lease and operate its properties and carry on its business as
now conducted. Amicus is duly qualified and is in good standing as a foreign corporation in each
jurisdiction in which the properties owned, leased or operated, or the business conducted, by it
requires such qualification except where the failure to be so qualified or in good standing,
individually or in the aggregate, would not have a Material Adverse Effect.

4.4. Authorization. All corporate actions on the part of Amicus, its officers,
directors and stockholders necessary for the authorization, execution and delivery of the
Transaction Documents and for the issuance of the Shares have been taken. Amicus has the requisite
corporate power to enter into the Transaction Documents and to carry out and perform its
obligations thereunder. The Transaction Documents have been duly authorized, executed and
delivered by Amicus and, upon due execution and delivery by GSK, each Transaction Document will be
a valid and binding agreement of Amicus, except as enforceability may be limited by bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally or by
equitable principles.

4.5. Subsidiaries. Other than Amicus Therapeutics UK Limited, Amicus does not
currently own or control, directly or indirectly, any interest in any other corporation,
partnership, trust, joint venture, limited liability company, association, or other business
entity. Amicus is not a participant in any joint venture, partnership or similar arrangement.

4.6. No Conflict With Other Instruments. Neither the execution, delivery nor
performance of the Transaction Documents, nor the consummation by Amicus of the transactions
contemplated hereby will result in any violation of, be in conflict with, cause any acceleration or
any increased payments under, or constitute a default under, with or without the passage of time or
the giving of notice: (a) any provision of Amicus’s Restated Certificate of Incorporation or
Bylaws as in effect on the date hereof or at the Closing; (b) any provision of any judgment, decree
or order to which Amicus is a party or by which it is bound, (c) any note, mortgage, material
contract, material agreement, license, waiver, exemption, order or permit.

 

	 	 	 
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4.7. Disclosure Documents.

(a) For the two years preceding the SPA Effective Date, Amicus has filed, on a timely basis or
has received a valid extension as of such time of filing and has thereafter made such filings prior
to the expiration of any such extension, all reports, schedules, forms, statements and other
documents required to be filed by Amicus with the SEC under the Securities Act and the Exchange
Act, including pursuant to Section 13(a) or 15(d) thereof, (the foregoing materials, including the
exhibits thereto and documents incorporated by reference therein, being collectively referred to
herein as the “SEC Documents”) and with the U.S. Food and Drug Administration
(“FDA”) under its applicable regulations (“FDA Documents”), and Amicus has paid all
fees and assessments due and payable in connection with the SEC Documents and the FDA Documents.
As of their respective dates, the SEC Documents and the FDA Documents complied in all material
respects with all statutes and applicable rules and regulations of the SEC or FDA, as applicable,
including the requirements of the Securities Act or the Exchange Act, as applicable, and none of
the SEC Documents or FDA Documents, when filed, contained any untrue statement of a material fact
or omitted to state a material fact required to be stated therein or necessary in order to make the
statements therein, in the light of the circumstances under which they were made, not misleading.

(b) The audited financial statements of Amicus included in Amicus’s SEC Documents comply in
all material respects with the published rules and regulations of the SEC with respect thereto, and
such audited financial statements (i) were prepared from the books and records of Amicus, (ii) were
prepared in accordance with GAAP applied on a consistent basis (except as may be indicated therein
or in the notes or schedules thereto) and (iii) present fairly the financial position of Amicus as
of the dates thereof and the results of operations and cash flows for the periods then ended. The
unaudited financial statements included in the SEC Documents comply in all material respects with
the published rules and regulations of the SEC with respect thereto, and such unaudited financial
statements (i) were prepared from the books and records of Amicus, (ii) were prepared in accordance
with GAAP, except as otherwise permitted under the Exchange Act and the rules and regulations
thereunder, applied on a consistent basis (except as may be indicated therein or in the notes or
schedules thereto) and (iii) present fairly the financial position of Amicus as of the dates
thereof and the results of operations and cash flows (or changes in financial condition) for the
periods then ended, subject to normal year-end adjustments and any other adjustments described
therein or in the notes or schedules thereto.

4.8. Absence of Certain Events and Changes. Since the date of Amicus’s Quarterly
Report on Form 10-Q for the quarter ended on June 30, 2010: (i)Amicus has conducted its business in
the ordinary course consistent with past practice, (ii) there has not been any event, change or
development which, individually or in the aggregate, would have a Material Adverse Effect, taken as
a whole, (iii) Amicus has not incurred any material liabilities (contingent or otherwise) other
than expenses incurred in the ordinary course of business consistent with past practice, (iv)
Amicus has not altered its method of accounting in any material respect, and (v) Amicus has not
declared or made any dividend or distribution of cash or other property to its
shareholders or purchased, redeemed or made any agreements to purchase or redeem any shares of
its capital stock.

 

	 	 	 
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-7-

 

4.9. Intellectual Property. Amicus owns, or has an exclusive right pursuant to a
valid, written license agreement to use and exploit, all material Intellectual Property used in or
necessary for the conduct of the business of Amicus as conducted as of the Closing. No claims have
been asserted by a third party in writing (a) alleging that the conduct of the business of Amicus
has infringed or misappropriated any Intellectual Property rights of such third party, or (b)
challenging or questioning the validity or effectiveness of any Intellectual Property right of
Amicus, and, to the knowledge of Amicus, there is no valid basis for any such claim (a) or (b). To
the knowledge of Amicus, no third party is misappropriating or infringing any Intellectual Property
right of Amicus. No loss or expiration of any of Amicus’ material Intellectual Property is
pending, or, to the knowledge of Amicus, threatened. Amicus has taken reasonable steps in
accordance with standard industry practices to protect its rights in its Intellectual Property and
at all times has maintained the confidentiality of all information used in connection with the
business that constitutes or constituted a trade secret of Amicus.

4.10. Compliance with Applicable Law Amicus has all material permits, licenses,
franchises, authorizations, orders and approvals of, and has made all filings, applications and
registrations with, governmental entities that are required in order to permit Amicus to own or
lease properties and assets and to carry on its business as presently conducted that are material
to Amicus. Amicus has complied and is in compliance in all material respects with all statutes,
laws, regulations, rules, judgments, orders and decrees of all governmental entities applicable to
it that relate to its business, including but not limited to compliance with the U.S. Foreign
Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. §§ 78dd-1, et seq.) and any applicable similar laws
in foreign jurisdictions in which Amicus is currently, or has previously, conducted its business or
is currently, or has previously, conducted clinical trials. Amicus has not received any notice
alleging noncompliance, and, to the Knowledge of Amicus, Amicus is not under investigation with
respect to, or threatened to be charged, with any material violation of any applicable statutes,
laws, regulations, rules, judgments, orders or decrees of any governmental entities.

4.11. Valid Issuance of Shares. When issued, sold and delivered in accordance with
the terms hereof for the consideration expressed herein, the Shares will be duly and validly
authorized and issued, fully paid and non-assessable, free and clear of all liens, and, based in
part on the representations of GSK in Section 5 of this Agreement, will be issued in compliance
with all applicable federal and state securities laws.

4.12. Governmental Consents. No consent, approval, order or authorization of, or
registration, qualification, designation, declaration or filing with, any federal, state or local
governmental authority on the part of Amicus is required in connection with the consummation of the
transactions contemplated by the Transaction Documents, except for notices required or permitted to
be filed with certain state and federal securities commissions, which notices will be filed on a
timely basis.

 

	 	 	 
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-8-

 

4.13. No Brokers. No broker, finder or investment banker is entitled to any
brokerage, finder’s or other fee or commission in connection with the transactions contemplated by
this Agreement based on arrangements made by Amicus.

4.14. No Undisclosed Liabilities. Amicus does not have any liabilities (contingent or
otherwise), except for (i) liabilities reflected or reserved against in financial statements of
Amicus included in the SEC Documents filed with the SEC prior to the date of this Agreement, and
(b) liabilities that have not been and would not reasonably be expected to be material.

4.15. Internal Controls. The records, systems, controls, data and information of
Amicus are recorded, stored, maintained and operated under means (including any electronic,
mechanical or photographic process, whether computerized or not) that are under the exclusive
ownership and direct control of Amicus (including all means of access thereto and therefrom),
except for any non-exclusive ownership and non-direct control that would not reasonably be expected
to have a material adverse effect on the system of internal accounting controls described herein.

5. Representations And Warranties Of GSK. GSK hereby represents and warrants to Amicus as
of the date hereof and as of the Closing Date as follows:

5.1. Legal Power. GSK has the requisite corporate power to enter into the Transaction
Documents, to carry out and perform its obligations under the terms of the Transaction Documents.

5.2. Due Execution. The Transaction Documents have been duly authorized, executed and
delivered by GSK, and, upon due execution and delivery by Amicus, each of the Transaction Documents
will be a valid and binding agreement of GSK, except as enforceability may be limited by
bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights
generally or by equitable principles.

5.3. Ownership. As of the date hereof, GSK and its Affiliates do not currently own
any of the outstanding Voting Stock of Amicus.

5.4. Investment Representations. In connection with the offer, purchase and sale of
the Shares, GSK makes the following representations:

(a) GSK is acquiring the Shares for its own account, not as nominee or agent, for investment
and not with a view to, or for resale in connection with, any distribution or public offering
thereof within the meaning of the Securities Act.

(b) GSK understands that:

(i) the Shares have not been registered under the Securities Act by reason of a specific
exemption therefrom, that such securities may be required to be held by it indefinitely under
applicable securities laws, and that GSK must, therefore, bear the economic
risk of such investment indefinitely, unless a subsequent disposition thereof is registered
under the Securities Act or is exempt from such registration;

 

	 	 	 
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(ii) each certificate representing such Shares will be endorsed with the following legend:

“THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR UNDER THE
SECURITIES LAWS OF CERTAIN STATES. THESE SECURITIES ARE SUBJECT TO
RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT BE
TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT AND ANY
APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR
EXEMPTION THEREFROM OR UNLESS THE COMPANY HAS RECEIVED AN OPINION OF
COUNSEL SATISFACTORY TO THE COMPANY AND ITS COUNSEL THAT SUCH
REGISTRATION IS NOT REQUIRED.”; and

(iii) Amicus will instruct its transfer agent not to register the transfer of the Shares (or
any portion thereof) unless the conditions specified in the foregoing legends are satisfied.

(c) GSK has such knowledge and experience in financial or business matters that it is capable
of evaluating the merits and risks of the investment in the Shares to be purchased hereunder.

(d) GSK is an “accredited investor” as such term is defined in Rule 501(a) of the rules and
regulations promulgated under the Securities Act.

6. Conditions To Closing.

6.1. Conditions to Obligations of GSK at the Closing. GSK’s obligation to purchase
the Shares at the Closing is subject to the fulfillment to its reasonable satisfaction, on or prior
to the Closing, of all of the following conditions, any of which may be waived by GSK:

(a) Representations and Warranties True. The representations and warranties made by
Amicus in Section 4 hereof shall be true and correct in all material respects on the SPA Effective
Date and (except for the representations and warranties made in the first sentence of Section 4.1)
the Closing Date with the same force and effect as if they had been made on and as of such date,
and a certificate duly executed by an officer of Amicus, to the effect of the foregoing, shall be
delivered to GSK.

(b) Performance of Obligations. Amicus shall have performed and complied with all
obligations and conditions herein required to be performed or complied with by it on or
prior to the Closing and a certificate duly executed by an officer of Amicus, to the effect of
the foregoing, shall be delivered to GSK.

 

	 	 	 
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-10-

 

(c) Proceedings and Documents. All corporate and other proceedings in connection with
the transactions contemplated at the Closing and all documents and instruments incident to such
transactions shall be reasonably satisfactory in substance and form to GSK, and GSK shall have
received all such counterpart originals or certified or other copies of such documents as it may
reasonably request.

(d) Qualifications; Legal Investment. All authorizations, approvals, or permits, if
any, of any governmental authority or regulatory body of the United States or of any state that are
required in connection with the lawful sale and issuance of the Shares shall have been duly
obtained and shall be effective on and as of the Closing. No stop order or other order enjoining
the sale of the Shares shall have been issued and no proceedings for such purpose shall be pending
or, to the Knowledge of Amicus, threatened by the SEC.

(e) Nasdaq Listing. If required by Nasdaq, the Shares shall have been approved for
listing on the Nasdaq Stock Market, subject only to official notice of issuance.

6.2. Conditions to Obligations of Amicus at the Closing. Amicus’s obligation to issue
and sell the Shares at the Closing is subject to the fulfillment to its reasonable satisfaction, on
or prior to the Closing, of the following conditions, any of which may be waived by Amicus:

(a) Representations and Warranties True. The representations and warranties made by
GSK in Section 5 hereof shall be true and correct in all material respects on the Closing Date with
the same force and effect as if they had been made on and as of such date, and a certificate duly
executed by an officer of GSK, to the effect of the foregoing, shall be delivered to Amicus.

(b) Performance of Obligations. GSK shall have performed and complied with all
agreements and conditions herein required to be performed or complied with by it on or before the
Closing, and a certificate duly executed by an officer of GSK, to the effect of the foregoing,
shall be delivered to Amicus.

(c) Qualifications; Legal Investment. All authorizations, approvals, or permits, if
any, of any governmental authority or regulatory body of the United States or of any state that are
required in connection with the lawful sale and issuance of the Shares shall have been duly
obtained and shall be effective on and as of the Closing. No stop order or other order enjoining
the sale of the Shares shall have been issued and no proceedings for such purpose shall be pending
or, to the Knowledge of Amicus, threatened by the SEC.

 

	 	 	 
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6.3. Condition to Obligations of each Party at the Closing. The obligations of Amicus
and GSK to consummate the transactions contemplated to occur at the Closing shall be subject to the
satisfaction prior to Closing of the following conditions, each of which may be waived by the other
party only if it is legally permitted to do so.

(a) HSR and Other Approvals. Any applicable waiting period under the
Hart-Scott-Rodino Antitrust Improvement Act of 1976 (the “HSR Act”) relating to the
transactions contemplated hereby shall have expired or been terminated, and all other material
authorizations, consents, orders or approvals of, or regulations, declarations or filings with, or
expirations of applicable waiting periods imposed by, any governmental entity (including, without
limitation, any foreign antitrust filing) necessary for the consummation of the transactions
contemplated hereby, shall have been obtained or filed or shall have occurred.

(b) No Litigation, Injunctions or Restraints. No statute, rule, regulation, executive
order, decree, temporary restraining order, preliminary or permanent injunction or other order
enacted, entered, promulgated, enforced or issued by any governmental entity or other legal
restraint or prohibition preventing the consummation of the transactions contemplated by this
Agreement shall be in effect.

(c) License and Collaboration Agreement. The License and Collaboration Agreement
shall continue to be in full force and effect.

7. Registration Rights.

7.1. Registration. As soon as reasonably practicable, but no event later than sixty
(60) days after the Closing, Amicus shall prepare and file with the SEC a Registration Statement
covering the resale of all, or such portion as permitted by SEC Guidance (provided that, Amicus
shall use commercially reasonable efforts to advocate with the SEC for the registration of the
maximum number of the Registrable Securities permitted by SEC Guidance), of the Registrable
Securities and use commercially reasonable efforts to cause a Registration Statement to be declared
effective (including, without limitation, the execution of any required undertaking to file
post-effective amendments) as promptly as possible after the filing thereof, but in any event prior
to the date which is: (i) one hundred twenty (120) days after the Closing if the Registration
Statement is not reviewed by the SEC, or (ii) one-hundred fifty days (150) days after the Closing,
if the Registration Statement is reviewed by the SEC. The Registration Statement shall be on Form
S-3 (except if Amicus fails to meet one or more of the registrant requirements specified in General
Instruction I.A. on Form S-3, such registration shall be on another appropriate form in accordance
herewith).

7.2. Expenses Of Registration. Amicus shall pay all fees and expenses incurred in
connection with any registration, qualification, exemption or compliance by Amicus in the
performance of its obligations pursuant to this Section 7, whether or not any Registrable
Securities are sold pursuant to a Registration Statement, and including all registration and filing
fees, exchange listing fees, and the fees and expenses of counsel and accountants for Amicus.

 

	 	 	 
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7.3. Obligations Of Amicus. In the case of registration, qualification, exemption or
compliance effected by Amicus pursuant to this Agreement, Amicus will, upon request of GSK, inform
GSK as to the status of such registration, qualification, exemption and compliance. Amicus shall,
at its expense and in addition to its obligations under Section 7.1, as expeditiously as reasonably
possible:

(a) except for such times as Amicus is permitted hereunder to suspend the use of the
prospectus forming part of the Registration Statement, use its commercially reasonable efforts to
keep such registration, and any required qualification, exemption or compliance under state
securities laws, continuously effective with respect to GSK and its permitted assignees, until the
date all Shares held by GSK may be sold during any ninety (90) day period under Rule 144 and any
contractual agreements with Amiucs. The period of time during which Amiucs is required hereunder
to keep the Registration Statement effective is referred to herein as the “Registration Period.”

(b) advise GSK promptly (and, in any event, within five (5) business days):

(i) when the Registration Statement or any amendment thereto has been filed with the SEC and
when the Registration Statement or any post-effective amendment thereto has become effective;

(ii) of the receipt by Amicus of any notification from the SEC of any stop order suspending
the effectiveness of the Registration Statement or the initiation of any proceedings for such
purpose;

(iii) of the receipt by Amicus of any notification with respect to the suspension of the
qualification of the Registrable Securities included therein for sale in any jurisdiction or the
initiation or threatening of any proceeding for such purpose; and

(iv) of the occurrence of any event that requires the making of any changes in the
Registration Statement or the prospectus so that, as of such date, the statements therein are not
misleading and do not omit to state a material fact required to be stated therein or necessary to
make the statements therein (in the case of the prospectus, in the light of the circumstances under
which they were made) not misleading;

(c) use its commercially reasonable efforts to obtain the withdrawal of any order suspending
the effectiveness of any Registration Statement as soon as reasonably practicable;

(d) if GSK so requests in writing, promptly furnish to GSK, without charge, at least one copy
of such Registration Statement and any post-effective amendment thereto, including financial
statements and schedules, and, if explicitly requested, all exhibits in the form filed with the
SEC;

(e) during the Registration Period, promptly deliver to GSK, without charge, at least one copy
of the prospectus included in such Registration Statement and any amendment or supplement thereto
and as many additional copies as GSK may reasonably request; and Amicus consents to the use,
consistent with the provisions hereof, of the prospectus or any amendment or supplement thereto by
GSK in connection with the offering and sale of the Registrable Securities covered by the
prospectus or any amendment or supplement thereto;

 

	 	 	 
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(f) during the Registration Period, if GSK so requests in writing, deliver to GSK, without
charge, (i) one copy of the following documents, other than those documents available via EDGAR
(and excluding, in each case, exhibits thereto): (A) its annual report to its stockholders, if any
(which annual report will contain financial statements audited in accordance with generally
accepted accounting principles in the United States of America by a firm of certified public
accountants of recognized standing), (B) if not included in substance in its annual report to
stockholders, its annual report on Form 10-K (or similar form), (C) its definitive proxy statement
with respect to its annual meeting of stockholders, (D) each of its quarterly reports to its
stockholders, and, if not included in substance in its quarterly reports to stockholders, its
quarterly report on Form 10-Q (or similar form), and (E) a copy of the Registration Statement; and
(ii) if explicitly requested, any exhibits filed with respect to the foregoing;

(g) upon the occurrence of any event contemplated by Section 7.3(b)(iv) above, except for such
times as Amicus is permitted hereunder to suspend the use of the prospectus forming part of the
Registration Statement, Amicus will use its commercially reasonable efforts to as soon as
reasonably practicable prepare a post-effective amendment to the Registration Statement or a
supplement to the related prospectus, or file any other required document so that, as thereafter
delivered to GSK, the prospectus will not include any untrue statement of a material fact or omit
to state any material fact necessary to make the statements therein, in the light of the
circumstances under which they were made, not misleading;

(h) comply in all material respects with all applicable rules and regulations of the SEC which
could affect the sale of the Registrable Securities;

(i) use its commercially reasonable efforts to cause all Registrable Securities to be listed
on each securities exchange or market, if any, on which equity securities issued by Amicus have
been listed;

(j) use its commercially reasonable efforts to take all other steps necessary to effect the
registration of the Registrable Securities contemplated hereby and to enable GSK to sell
Registrable Securities under Rule 144; and

(k) permit counsel for GSK to review the Registration Statement and all amendments and
supplements thereto, within two (2) business days prior to the filing thereof with the Commission;

provided that, in the case of clause (k) above, Amicus will not be required to delay the filing of
the Registration Statement or any amendment or supplement thereto to incorporate any comments to
the Registration Statement or any amendment or supplement thereto by or on behalf of GSK if such
comments would require a delay in the filing of such Registration Statement, amendment or
supplement, as the case may be.

 

	 	 	 
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If at any time during the Registration Period there is not an effective Registration Statement
covering all of the Registrable Securities and Amicus determines to prepare and file with the SEC a
registration statement relating to an offering for its own account or the account of any other
stockholder upon demand (a “Demanding Stockholder”) under the Securities Act of
any of its equity securities, other than on Form S-4 or Form S-8 (each as promulgated under
the Securities Act) or their then equivalents (an “Incidental Registration”), then Amicus
will send to GSK written notice of such determination and, if within ten (10) business days after
receipt of such notice, GSK will so request in writing, Amicus will use commercially reasonable
efforts to include in such registration statement or, in the case of an underwritten offering,
cause the managing underwriter or underwriters to include, all or any part of such Registrable
Securities GSK requests to be registered, on the same terms and conditions as the securities of
Amicus or of the Demanding Stockholder included therein. In connection with any Incidental
Registration, Amicus shall not be required to include any Registrable Securities in such
underwritten offering unless GSK accepts the terms of the underwritten offering as agreed upon
between Amicus, the Demanding Stockholder, if any, and the underwriter, and then only in such
quantity as the underwriter believes will not have a material adverse effect on the success of such
offering. If the underwriter determines that the registration of all or part of the Registrable
Securities which GSK has requested to be included would have a material adverse effect on the
success of such offering, then Amicus shall be required to include in such Incidental Registration,
to the extent of the amount that the underwriter believes may be sold without causing such adverse
effect, first, all of the securities to be offered for the account of Amicus or the account of the
Demanding Stockholder; second, any securities to be offered for the account of the Investor Rights
Agreement Investors, if any, and third, the Registrable Securities; provided, that (i) if at any
time after giving written notice of its intention to register any securities and prior to the
effective date of the registration statement filed in connection with such registration, Amicus
will determine for any reason not to register or to delay registration of such securities, Amicus
may, at its election, give written notice of such determination to GSK and, thereupon, (A) in the
case of a determination not to register, will be relieved of its obligation to register any
Registrable Securities to this paragraph in connection with such registration (but not from its
obligation to pay expenses in accordance with this Agreement), and (B) in the case of a
determination to delay registering, will be permitted to delay registering any Registrable
Securities being registered pursuant to this paragraph for the same period as the delay in
registering such other securities.

7.4. Furnishing Information.

(a) It shall be a condition precedent to the obligations of Amicus to take any action pursuant
to Section 7.1 that the selling Holders shall furnish to Amicus such information regarding
themselves, the Registrable Securities held by them and the intended method of disposition of such
securities as shall be legally required under the Securities Act or otherwise required by the SEC
to effect the registration of their Registrable Securities.

7.5. Indemnification; Contribution.

(a) Amicus shall indemnify and hold harmless each Holder (including the employees, agents,
representatives, officers and directors of GSK and its Affiliates) (each a “GSK
Indemnitee”) from and against any and all losses, claims, damages, liabilities and expenses
(including reasonable costs of investigation) arising out of or based upon any untrue, or allegedly
untrue, statement of a material fact contained in any Registration Statement, prospectus or
preliminary prospectus or notification or offering circular (as amended or supplemented if
Amicus shall have furnished any amendments or supplements thereto) or arising out of or based
upon any omission or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein not misleading, except insofar as the same are
caused by or contained in any information concerning such Holder furnished in writing to Amicus by
such Holder expressly for use in such Registration Statement.

 

	 	 	 
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(b) Each Holder shall indemnify and hold harmless Amicus, and its respective directors,
officers, employees and each Person who controls Amicus (within the meaning of the Securities Act
and the Exchange Act) from and against any and all losses, claims, damages, liabilities and
expenses (including reasonable costs of investigation) arising out of or based upon any untrue, or
allegedly untrue, statement of a material fact contained in any Registration Statement, prospectus
or preliminary prospectus or notification or offering circular (as amended or supplemented if
Amicus shall have furnished any amendments or supplements thereto) or arising out of or based upon
any omission or alleged omission to state therein a material fact required to be stated therein or
necessary to make the statements therein not misleading, if such statement or omission was made in
reliance upon and in conformity with any information concerning such Holder furnished in writing to
Amicus by such Holder specifically for use in the preparation of such Registration Statement or
prospectus.

(c) Each Person entitled to indemnification hereunder (the “Indemnified Party”) agrees
to give prompt written notice to the indemnifying party (the “Indemnifying Party”) after
the receipt by the Indemnified Party of any written notice of the commencement of any action, suit,
proceeding or investigation or threat thereof made in writing for which the Indemnified Party
intends to claim indemnification or contribution pursuant to this Agreement; provided, however,
that the failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party of
any liability that it may have to the Indemnified Party hereunder unless, and only to the extent
that, such failure results in the Indemnifying Party’s forfeiture of substantive rights or
defenses. If notice of commencement of any such action is given to the Indemnifying Party as above
provided, the Indemnifying Party shall be entitled to participate in and, to the extent it may
wish, jointly with any other Indemnifying Party similarly notified, to assume the defense of such
action at its own expense, with counsel chosen by it and reasonably satisfactory to such
Indemnified Party. The Indemnified Party shall have the right to employ separate counsel in any
such action and participate in the defense thereof, but the fees and expenses of such counsel
(other than reasonable costs of investigation) shall be paid by the Indemnified Party unless (i)
the Indemnifying Party agrees to pay the same, (ii) the Indemnifying Party fails to assume the
defense of such action with counsel reasonably satisfactory to the Indemnified Party in its
reasonable judgment or (iii) the named parties to any such action (including any impleaded parties)
have been advised by such counsel that either (x) representation of such Indemnified Party and the
Indemnifying Party by the same counsel would be inappropriate under applicable standards of
professional conduct or (y) there may be one or more legal defenses available to it which are
different from or additional to those available to the Indemnifying Party. In either of such
cases, the Indemnifying Party shall not have the right to assume the defense of such action on
behalf of such Indemnified Party. No Indemnifying Party shall be liable for any settlement entered
into without its written consent (other than in the case
where the Indemnifying Party is unconditionally released from liability and its rights are not
adversely effected), which consent shall not be unreasonably withheld.

 

	 	 	 
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(d) If the indemnification provided for in this Section 7.5 from the Indemnifying Party
pursuant to applicable law is unavailable to an Indemnified Party hereunder in respect of any
losses, claims, damages, liabilities or expenses referred to therein, then the Indemnifying Party,
in lieu of indemnifying such Indemnified Party, shall contribute to the amount paid or payable by
such Indemnified Party as a result of such losses, claims, damages, liabilities or expenses in such
proportion as is appropriate to reflect the relative fault of the Indemnifying Party and
Indemnified Party in connection with the actions which resulted in such losses, claims, damages,
liabilities or expenses, as well as any other relevant equitable considerations. The relative
faults of such Indemnifying Party and Indemnified Party shall be determined by reference to, among
other things, whether any action in question, including any untrue or alleged untrue statement of a
material fact or omission or alleged omission to state a material fact, has been made by, or
relates to information supplied by, such Indemnifying Party or Indemnified Party, and the parties’
relative intent, knowledge, access to information and opportunity to correct or prevent such
action. The amount paid or payable by a party as a result of the losses, claims, damages,
liabilities and expenses referred to above shall be deemed to include, subject to the limitations
set forth in Sections 7.5(a), (b) and (c), any legal or other fees, charges or expenses reasonably
incurred by such party in connection with any investigation or proceeding. The parties hereto
agree that it would not be just and equitable if contribution pursuant to this Section 7.5(d) were
determined by pro rata allocation or by any other method of allocation which does not take account
of the equitable considerations referred to in the immediately preceding paragraph. No Person
guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act)
shall be entitled to contribution from any Person.

7.6. Rule 144 Reporting. In order to make the benefits of the rules and regulations
of the SEC that may permit the sale of the Registrable Securities to the public without
registration available to GSK, Amicus agrees to use commercially reasonable efforts to:

(a) make and keep public information available, as those terms are understood and defined in
Rule 144(c)(1) or any similar or analogous rule promulgated under the Securities Act, at all times
after the SPA Effective Date;

(b) file with the SEC, in a timely manner, all reports and other documents required of Amicus
under the Exchange Act; and

(c) so long as GSK owns any Registrable Securities, furnish GSK forthwith upon request: (i) a
written statement by Amicus as to its compliance with the reporting requirements of Rule 144 under
the Securities Act, and of the Exchange Act; (ii) a copy of the most recent annual or quarterly
report of Amicus; and (iii) such other reports and documents as GSK may reasonably request in
availing itself of any rule of regulation of the SEC allowing it to sell any such securities
without registration.

 

	 	 	 
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7.7. Assignment of Registration Rights. The rights and obligations under this Section
7 may only be assigned by GSK to a transferee or assignee of Registrable Securities that is (a)
an Affiliate or (b) a successor (by operation of law or otherwise) to substantially all the
business or assets of GSK; provided, however, that such attempted assignment shall be void unless
(i) GSK, within thirty (30) days after such transfer, furnishes to Amicus written notice of the
name and address of such transferee or assignee and the securities with respect to which such
registration rights are being assigned, and (ii) such transferee agrees to be subject to all
obligations and restrictions with respect to the Shares set forth in this Agreement.

8. Stock Ownership Governance.

8.1. Standstill Agreement. Until eighteen months after the Closing Date (the
“Standstill Term”), except (i) with the prior written consent of Amicus or (ii) by way of
stock dividends or other distributions made to Amicus’ stockholders generally, GSK will not, and
will not encourage, direct, facilitate or cause any of its Affiliates, employees, representatives
or agents to, directly or indirectly, subject to Section 8.2:

(a) acquire or agree, offer, seek or propose to acquire ownership (including, but not limited
to, beneficial ownership as defined in Rule 13d-3 under the Securities Exchange Act) of any Voting
Stock of Amicus or securities convertible or exchangeable into or exercisable for any Voting Stock
of Amicus if, as a result of such acquisition, GSK in the aggregate would own more than 19.9% of
the Voting Stock of Amicus at the time of such acquisition;

(b) cause to be acquired ownership (including, but not limited to, beneficial ownership as
defined in Rule 13d-3 under the Securities Exchange Act) of any Voting Stock of Amicus or
securities convertible or exchangeable into or exercisable for any Voting Stock of Amicus if, as a
result of such acquisition, the Person acquiring ownership together with GSK and its Affiliates,
employees, representatives or agents, in the aggregate, would own more than 19.9% of the Voting
Stock of Amicus at the time of such acquisition;

(c) make, or in any way participate in, any “solicitation” of “proxies” (as such terms are
defined under Regulation 14A of the Securities Exchange Act) to vote or seek to advise or influence
in any manner whatsoever any Person with respect to Voting Stock of Amicus;

(d) form, join or in any way participate in a “group” (within the meaning of Section 13(d)(3)
of the Securities Exchange Act) with respect to any Voting Stock of Amicus;

(e) arrange, or in any way participate in, any financing for the purchase of any Voting Stock
of Amicus or securities convertible or exchangeable into or exercisable for any Voting Stock of
Amicus;

(f) otherwise act, whether alone or in concert with others, to seek to propose under Rule
14a-8 of the Exchange Act to Amicus or any of its stockholders any merger, business combination,
restructuring, recapitalization or similar transaction to or with Amicus or induce or attempt to
induce any other person to initiate any stockholder proposal;

(g) call or seek to have called any meeting of the stockholders of Amicus or execute any
written consent in lieu of a meeting of holders of Voting Stock of Amicus;

 

	 	 	 
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(h) seek election or seek to place a representative on the Board of Directors of Amicus (the
“Board of Directors”) or seek the removal of any member of the Board of Directors; or

(i) enter into any discussions, negotiations, arrangements or understandings with or advise,
assist or encourage any third party with respect to, any of the foregoing. Neither the ownership
nor purchase by a venture capital arm of GSK or GSK’s Affiliates, directly or indirectly, of
securities of Amicus shall be deemed to be a breach of the obligations under this Section 8.1;
provided, such venture capital arm does not later transfer beneficial ownership of such securities
(or agrees to vote such securities on behalf of) GSK or its Affiliates.

Amicus and GSK acknowledge and agree that the acquisition by any employee benefit plan of GSK or
its Affiliates in any diversified index, mutual or pension fund managed by an independent
investment advisor, which fund in turn holds, directly or indirectly, Voting Stock of Amicus shall
not be deemed to be a breach of this Section 8.1. For clarity, the provisions of Section 8.1 shall
not be construed or interpreted to prohibit GSK or an Affiliate in any manner from making any bid
or offer to license or acquire rights to any asset(s) of Amicus (other than substantially all of
the assets of Amicus) as opposed to acquiring securities of Amicus if such bid or offer is
solicited from GSK or an Affiliate by Amicus. The obligations in Section 8.1 will not prohibit GSK
or an Affiliate from confidentially communicating to Amicus’ Chief Executive Officer or Chairman of
the Board of Directors a non-public indication of GSK’s interest in pursuing a potential
transaction involving Amicus in such a manner that would not require Amicus to make a public
disclosure. In addition, if GSK or an Affiliate acquires securities of, or other ownership
interest in, a third party that directly or indirectly owns any Voting Stock of Amicus, such
acquisition shall not be deemed to be a breach by GSK of the obligations under Section 8.1.

8.2. Exceptions to Section 8.1. Standstill Provisions. Notwithstanding the foregoing
but subject to the proviso appearing beneath clause (d) below, the obligations under Section 8.1
shall terminate as to GSK and its Affiliates in the event that:

(a) any third party commences an unsolicited tender or exchange offer which, if successful,
would result in such third party beneficially owning not less than 50% of all outstanding Voting
Stock (on a Common Stock equivalent basis), and such offer is not withdrawn or terminated within
ten (10) business days after its commencement;

(b) it is publicly disclosed that at least 50% of all outstanding Voting Stock (on a Common
Stock equivalent basis) have been acquired by any person or group that is unaffiliated with GSK and
its Affiliates;

(c) Amicus publicly announces a decision of Amicus’ Board of Directors to conduct a formal
process to sell all or substantially all of the assets of Amicus; provided that the restrictions in
Section 8.1 will automatically be reinstated and be in full force and effect if and at such time as
Amicus publicly announces a termination of such process;

 

	 	 	 
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(d) a third party commences a tender offer for more than fifty percent (50%) of the Voting
Stock of Amicus, and Amicus has publicly recommended acceptance of such tender offer; provided, the
obligations in Section 8.1 will automatically be reinstated in the event such tender offer is
terminated;

(e) Amicus enters into any binding written agreement (i) to sell or dispose of securities
representing at least 50% of all outstanding Voting Stock (on a Common Stock equivalent basis) to
any person or group that is unaffiliated with GSK and all of its Affiliates or (ii) providing for a
transaction that, if consummated, would result in (A) the holders of the outstanding Voting Stock
immediately prior to such transaction ceasing to hold more than fifty percent (50%) of the combined
voting power of the surviving, purchasing or continuing entity immediately after such transaction
or (B) the sale of all or substantially all of the assets of Amicus to a third party that does not
control, is not controlled by and is not under common control with Amicus;

(f) upon the filing of a preliminary or final proxy statement by any third party with respect
to the commencement of a proxy or consent solicitation subject to Section 14 of the Exchange Act to
elect or remove a majority of Amicus’ Board of Directors; or

(g) upon the adoption of a plan of liquidation or dissolution with respect to Amicus.

8.3. Vote Along Agreement. ******.

8.4 Market Stand-Off Agreement. During the Standstill Term, GSK agrees that in
connection with any registration of Amicus’s securities that, upon the request of Amicus or the
underwriters managing any underwritten offering of Amicus’s securities, not to sell, make any short
sale of, loan, grant any option for the purchase of, or otherwise dispose of any Registrable
Securities without the prior written consent of Amicus or such underwriters, as the case may be,
for such period of time from the effective date of such registration as Amicus or the underwriters
may specify, provided that each executive officer and director of Amicus agrees to a similar
lockup.

8.5 Lock-Up Period. Excluding any transfers or intra-company disposal of Shares
between GSK and any of its Affiliates, during the eighteen (18) month period beginning on the
Closing Date and ending on the eighteen (18) month anniversary thereof (the “Lock-Up
Period”), GSK shall not, and shall cause any other Holder not to, without the prior written
consent of Amicus, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly,
any Shares or enter into a transaction which would have the same effect.

8.6 Remedies. Without prejudice to the rights and remedies otherwise available to the
parties, Amicus shall be entitled to equitable relief by way of injunction if GSK or any other
Holder breaches or threatens to breach any of the provisions of this Section 8.

 

	 	 	 
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9. Covenants.

9.1. Covenant of Amicus.

(a) Amicus hereby covenants and agrees that it shall take all necessary and appropriate
actions to ensure that it shall have available under its Restated Certificate of Incorporation as
in effect on the Closing Date sufficient authorized but unissued shares of its Common Stock to
issue and sell to GSK all of the Shares.

(b) Amicus will file with Nasdaq all documentation required by Nasdaq, if any, in connection
with the issuance of the Shares.

9.2. Notice of Market Sale. GSK will notify Amicus prior to selling the Shares, and
will use commercially reasonable efforts to ensure that the Shares are disposed of in an orderly
fashion in compliance with the volume and manner of sale restrictions imposed pursuant to Rule 144.
Notwithstanding the foregoing, GSK shall have no obligations to Amicus under this Section 9.2 in
respect of a private sale by GSK of the Shares.

10. Termination.

10.1. Termination. This Agreement may be terminated at any time prior to the Closing:

(a) by mutual written consent of GSK and Amicus;

(b) by GSK or Amicus:

(i) if there shall be any statute, law, regulation or rule that makes consummating the
transactions contemplated hereby illegal or if any court or other Governmental Entity of competent
jurisdiction shall have issued judgment, order, decree or ruling, or shall have taken such other
action restraining, enjoining or otherwise prohibiting the consummation of the transactions
contemplated hereby and such judgment, order, decree or ruling shall have become final and
non-appealable;

(ii) if the License and Collaboration Agreement shall have terminated; or

(iii) the United States Federal Trade Commission (“FTC”) and/or the United States
Department of Justice shall seek a preliminary injunction under the HSR Act against Amicus and GSK
to enjoin the transactions contemplated by this Agreement or the License and Collaboration
Agreement; or

(c) by GSK:

(i) if Amicus shall have (A) failed to perform any of its material obligations contained
herein, or (B) breached any of its material representations or warranties contained herein,
provided that GSK gives Amicus written notice of such failure to perform or breach and Amicus does
not cure such failure to perform or breach within thirty (30) days after its receipt of such
written notice;

 

	 	 	 
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(ii) if any of the conditions set forth in Sections 6 shall become impossible to fulfill
(other than as a result of any breach by GSK of the terms of this Agreement) and shall not have
been waived in accordance with the terms of this Agreement; or

(iii) if the Common Stock shall no longer be listed for trading on the Nasdaq National Market
or other national securities exchange or automated quotation system.

(d) by Amicus:

(i) if GSK shall have (A) failed to perform any of its material obligations contained herein,
or (B) breached any of its material representations or warranties contained herein, provided that
Amicus gives GSK written notice of such failure to perform or breach and GSK does not cure such
failure to perform or breach within thirty (30) days after its receipt of such written notice; or

(ii) if any of the conditions set forth in Section 6 shall become impossible to fulfill (other
than as a result of any breach by Amicus of the terms of this Agreement) and shall not have been
waived in accordance with the terms of this Agreement.

10.2. Effect of Termination. In the event of termination of this Agreement by either
GSK or Amicus as provided in Section 10.1, this Agreement shall forthwith become void and have no
effect, without any liability or obligation on the part of GSK or Amicus, other than the provisions
of this Section 10.2, and except to the extent that such termination results from a material breach
by a party of its representations, warranties, covenants or agreements set forth in this Agreement.

11. Miscellaneous.

11.1. Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the Commonwealth of Delaware, without regard to the choice of law provisions
thereof, and the federal laws of the United States.

11.2. Public Statements. Any statement to the public regarding this Agreement shall
be approved in advance by Amicus and GSK, except as otherwise required by law, regulation or legal
process. Notwithstanding the foregoing, GSK acknowledges that Amicus shall file this Agreement
with the SEC.

11.3. Successors and Assigns. Except as otherwise expressly provided herein, the
respective rights and obligations of either Party under this Agreement shall not be assignable in
whole or in part by a Party without the prior written consent of the other Party, which consent
shall not be unreasonably withheld or delayed. Notwithstanding the preceding sentence, in
connection with the merger, acquisition, transfer of all or substantially all of a Party’s assets
or other change in control of either Party, such Party may assign its rights and obligations under
this Agreement in whole or in part to such Party’s transferee or successor in interest without the
prior written consent of the other Party. This Agreement shall bind and inure to the benefit of
Parties and their permitted successors and assigns.

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

-22-

 

11.4. Entire Agreement. This Agreement, the License and Collaboration Agreement and
the exhibits thereto, and that certain Confidential Disclosure Agreement dated as of March 29, 2006
and amended as of December 28, 2006 between the Amicus and GSK and the other documents delivered
pursuant hereto, constitute the full and entire understanding and agreement among the Parties with
regard to the subjects hereof and no Party shall be liable or bound to any other Party in any
manner by any representations, warranties, covenants, or agreements except as specifically set
forth herein or therein. Nothing in this Agreement, express or implied, is intended to confer upon
any Party, other than the parties hereto and their respective successors and assigns, any rights,
remedies, obligations, or liabilities under or by reason of this Agreement, except as expressly
provided herein.

11.5. Separability. In the event any provision of this Agreement shall be invalid,
illegal, or unenforceable, it shall to the extent practicable, be modified so as to make it valid,
legal and enforceable and to retain as nearly as practicable the intent of the Parties, and the
validity, legality, and enforceability of the remaining provisions shall not in any way be affected
or impaired thereby.

11.6. Amendment and Waiver. Except as otherwise provided herein, any term of this
Agreement may be amended and the observance of any term of this Agreement may be waived (either
generally or in a particular instance, either retroactively or prospectively, and either for a
specified period of time or indefinitely), with the written consent of Amicus and GSK. Any
amendment or waiver effected in accordance with this Section shall be binding upon any holder of
any securities purchased under this Agreement (including securities into which such securities have
been converted), each future holder of all such securities, and Amicus.

11.7. Notices. All notices, requests, or other communications given hereunder shall
be in writing and shall be deemed to have been duly given if (a) delivered by hand; (b) mailed by
registered or certified mail; (c) sent by air courier; or (d) sent by cable, telex or facsimile,
followed within twenty-four (24) hours by notification pursuant to (a), (b) or (c) above, in each
case to the address set forth below or to such other address as a Party may specify for itself by
written notice given as aforesaid.

	 	 	 
	If to GSK:

	 	Glaxo Group Limited
	 

	 	Great West Road
	 

	 	Brentford, Middlesex
	 

	 	United Kingdom
	 

	 	TW8 9GS
	 

	 	Facsimile: +44 (020) 804 76904
	 

	 	Attention: Company Secretary
	 
	 	 
	With a copy to:

	 	GlaxoSmithKline
	 

	 	980 Great West Road
	 

	 	Brentford, Middlesex, TW8 9GS
	 

	 	UK Facsimile: +44 (020) 804 70641
	 

	 	Attention : Marc Dunoyer
	 

	 	President, GSK Rare Diseases

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

-23-

 

	 	 	 
	 

	 	And
	 
	 	 
	 

	 	Glaxo Smith Kline
	 

	 	2301 Renaissance Boulevard
	 

	 	Mail Code RN0220
	 

	 	King of Prussia, PA 19406
	 

	 	Facsimile: (610) 787-7084
	 

	 	Attention: Vice President and
Associate

 General Counsel, Legal Operations — 

Business Development Transactions
	 
	 	 
	If to Amicus:
	 	 
	 
	 	 
	 

	 	Amicus Therapeutics, Inc.
	 

	 	6 Cedar Brook Drive
	 

	 	Cranbury, NJ 08512
	 

	 	Facsimile: 609-662-2001
	 

	 	Attention: Senior VP, Business Operations
	 
	 	 
	 

	 	with a copy to:
	 
	 	 
	 

	 	Amicus Therapeutics, Inc.
	 

	 	6 Cedar Brook Drive
	 

	 	Cranbury, NJ 08512
	 

	 	Facsimile: 609-662-2001
	 

	 	Attention: Senior VP & General Counsel

11.8. Fees And Expenses. Amicus and GSK shall each bear their own expenses and legal
fees incurred on their behalf with respect to this Agreement and the transactions contemplated
hereby.

11.9. Titles and Subtitles. The titles of the Sections and subsections of this
Agreement are for convenience of reference only and are not to be considered in construing this
Agreement.

11.10. Counterparts; Effectiveness. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, but all of which together shall constitute
one instrument. This Agreement shall become effective when each party hereto shall have received
counterparts thereof signed and delivered (by telecopy or other electronic means) by the other
party hereto.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

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IN WITNESS WHEREOF, this Stock Purchase Agreement is hereby executed as of the date first
above written.

	 	 	 	 	 
	 	AMICUS THERAPEUTICS, INC.

 	 
	 	By:  	/s/ John F. Crowley
 	 
	 	 	Name:  	John F. Crowley 	 
	 	 	Title:  	Chairman and CEO 	 
	 
	 	GLAXO GROUP LIMITED

 	 
	 	By:  	/s/ Paul Williamson
 	 
	 	 	Name:  	Paul Williamson 	 
	 	 	Title:  	Corporate Director 	 

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

-25-

 

Schedule A

Expected Amicus Capitalization Table After Closing Date

	 	 	 	 	 
	Common shares issued & outstanding
	 	 	34,503,739	 
	 
	 	 	 	 
	Common shares to be issued on exercise of warrants
	 	 	1,854,946	 
	 
	 	 	 
	 
	 	 	 	 
	Total common shares & equivalents outstanding
	 	 	36,358,685	 
	 
	 	 	 	 
	Total stock options issued & outstanding
	 	 	5,142,790	(a)
	 
	 	 	 	 
	Total stock options reserved for future issuance
	 	 	1,858,942	(b)
	 
	 	 	 	 
	Preferred shares issued & outstanding
	 	 	—	(c)
	 
	 	 	 
	 
	 	 	 	 
	Grand total
	 	 	43,360,417	 
	 
	 	 	 

	 	 	 
	(a)	 	weighted average exercise price = $2.06 & standard vesting term = 4 years

	 
	(b)	 	4,946,524 warrants outstanding at exercise rate = 0.375

	 
	(c)	 	10,000,000 shares authorized

 

	 	 	 
	******	 	- Material has been omitted and filed separately with the Commission.

 

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