Document:

2008 Incentive Compensation Plan

 Exhibit 10.1 
 LORILLARD, INC. 
 2008 INCENTIVE COMPENSATION PLAN 

(As Amended October 30, 2012) 
  

	1.	General. 

 1.1
Purpose. The Lorillard, Inc. 2008 Incentive Compensation Plan (the “Plan”) has been established by Lorillard, Inc. (the “Company”) to (i) attract and retain persons eligible to participate in the Plan,
(ii) motivate Participants, by means of appropriate incentives, to achieve long-term goals of the Company, and reward Participants for achievement of those goals, and (iii) provide incentive compensation opportunities that are competitive
with those of other companies, and thereby promote the financial interest of the Company and its Subsidiaries. 
 1.2
Operation and Administration. The operation and administration of the Plan shall be subject to the provisions of Section 2 (relating to operation and administration). Capitalized terms in the Plan shall be defined as set forth in the
Plan (including the definition provisions of Section 3 of the Plan). 
  

	2.	Operation and Administration of the Plan. 

 The Plan shall be administered by a Committee appointed by the Board of Directors. The Committee shall have the authority, in its sole discretion, subject to and not inconsistent with the express terms
and provisions of the Plan, to administer the Plan and to exercise all the powers and authorities either specifically granted to it under the Plan or necessary or advisable in the administration of the Plan, including, without limitation, the
authority to grant Awards; to determine the persons to whom and the time or times at which Awards shall be granted; to determine the type and number of Awards to be granted (including whether an Option granted is an ISO or NQSO); to determine the
number of shares of Company Stock to which an Award may relate and the terms, conditions, restrictions and performance criteria, if any, relating to any Award; to determine whether, to what extent, and under what circumstances an Award may be
settled, cancelled, forfeited, exchanged or surrendered; to make adjustments in the Performance Goals that may be required for any award in recognition of unusual or nonrecurring events affecting the Company or the financial statements of the
Company (to the extent not inconsistent with Section 162(m) of the Code, if applicable), or in response to changes in applicable laws, regulations, or accounting principles; to construe and interpret the Plan and any Award; to prescribe, amend
and rescind rules and regulations relating to the Plan; to determine the terms and provisions of Award Certificates; and to make all other determinations deemed necessary or advisable for the administration of the Plan. 

The Committee may, in its absolute discretion, without amendment to the Plan, (a) accelerate the date on which any Option granted
under the Plan becomes exercisable, waive or amend the operation of Plan provisions respecting exercise after Termination or otherwise adjust any of the terms of such Option, and (b) accelerate the vesting date, or waive any condition imposed
hereunder, with respect to any Award or otherwise adjust any of the terms applicable to any Award. Except in connection with a corporate transaction involving the Company (including, without limitation, any stock dividend, stock split, extraordinary
cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, or exchange of shares), the terms of outstanding awards may not be amended to reduce the exercise price of outstanding Options or SARs or cancel
outstanding Options or SARs in exchange for cash, other awards or Options or SARs with an exercise price that is less than the exercise price of the original Options or SARs without stockholder approval. 

Subject to Section 162(m) of the Code and except as required by Rule 16b-3 with respect to grants of Awards to individuals who are
subject to Section 16 of the Exchange Act, or as otherwise required for compliance with Rule 16b-3 or other applicable law, the Committee may delegate all or any part of its authority under the Plan to an employee, employees or committee of
employees. 
 All decisions, determinations and interpretations of the Committee or the Board of Directors shall be final and
binding on all persons with any interest in an Award, including the Company and the Participant (or any person claiming any rights under the Plan from or through any Participant). No member of the Committee or the Board of Directors shall be liable
for any action taken or determination made in good faith with respect to the Plan or any Award. 
  

	3.	Definitions. 

 3.1
“Annual Incentive Award” shall mean a cash-based Performance Award described in Section 6.5 or an Other Cash-Based Award described in Section 6.6 hereof, in either case, where the amount of such award is based upon a
performance period of one year or less. 
 3.2 “Award” shall mean any Option, Restricted Stock, Restricted
Stock Unit, Stock Bonus award, Stock Appreciation Right, Performance Award, Other Stock-Based Award or Other Cash-Based Award granted pursuant to the terms of the Plan. 

  
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 3.3 “Award Certificate” shall mean the written certificate setting forth
the terms and conditions of an Award, in such form as the Committee may from time to time prescribe. 
 3.4 “Board of
Directors” shall mean the Board of Directors of the Company. 
 3.5 “Cause” shall have the meaning set
forth in the employment or engagement agreement between a Participant and the Company, its Subsidiaries or any of their successors, if such agreement exists and contains a definition of Cause; otherwise Cause shall mean (1) conviction of the
Participant for committing (or the Participant’s plea of nolo contendere to) a felony under Federal law or the law of the state in which such action occurred, (2) dishonesty in the course of fulfilling a Participant’s employment,
engagement or directional duties, (3) willful and deliberate failure on the part of a Participant to perform the Participant’s employment, engagement or directional duties in any material respect or (4) such other events as shall be
determined in good faith by the Committee. The Committee shall, unless otherwise provided in the Award Certificate or any employment agreement with the Participant, have the sole discretion to determine whether Cause exists, and its determination
shall be final and binding. 
 3.6 “Change in Control” shall be deemed to have occurred if the event set forth
in any one of the following paragraphs shall have occurred: 
 (i) any Person is or becomes the “Beneficial Owner” (as
defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company (not including in the securities Beneficially Owned by such Person any securities acquired directly from the Company) representing 30% or more of the
Company’s then outstanding securities, excluding any Person who becomes such a Beneficial Owner in connection with a transaction described in clause (A) of paragraph (iii) below; or 

(ii) the following individuals cease for any reason to constitute a majority of the number of directors then serving: individuals who, on
the Effective Date, constitute the Board of Directors and any new director (other than a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation,
relating to the election of directors of the Company) whose appointment or election by the Board of Directors or nomination for election by the Company’s stockholders was approved or recommended by a vote of at least a two-thirds of the
directors then still in office who either were directors on the Effective Date or whose appointment, election or nomination for election was previously so approved or recommended; or 

(iii) there is consummated a merger or consolidation of the Company with any other corporation other than (A) a merger or
consolidation which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to represent (either by remaining outstanding or by being converted into voting securities of the
surviving entity or any parent thereof) at least 50% of the combined voting power of the voting securities of the Company or such surviving entity or any parent thereof outstanding immediately after such merger or consolidation, or (B) a merger
or consolidation effected to implement a re-capitalization of the Company (or similar transaction) in which no Person is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company (not including in the securities
Beneficially Owned by such Person any securities acquired directly from the Company) representing 30% or more of the combined voting power of the Company’s then outstanding securities; or 

(iv) the stockholders of the Company approve a plan of complete liquidation or dissolution of the Company or there is consummated an
agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets, other than a sale or disposition by the Company of all or substantially all of the Company’s assets to an entity at least 70% of the
combined voting power of the voting securities of which are owned by Persons in substantially the same proportions as their ownership of the Company immediately prior to such sale. 

3.7 “Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, and any regulations promulgated
thereunder. References in the Plan to specific sections of the Code shall be deemed to include any successor provisions thereto. 
 3.8 “Committee” shall mean, at the discretion of the Board of Directors, a Committee of the Board of Directors, which shall consist of two or more persons, each of whom, unless otherwise
determined by the Board of Directors, is an “outside director” within the meaning of Section 162(m) of the Code and a “nonemployee director” within the meaning of Rule 16b-3. 

3.9 “Company” shall mean Lorillard, Inc., a Delaware corporation, and, where appropriate, each of its Subsidiaries.

 3.10 “Company Stock” shall mean the common stock of the Company, par value $.01 per share. 

  
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 3.11 “Disability” shall mean, unless otherwise provided by the Committee,
(1) “Disability” as defined in any individual Award Certificate to which the Participant is a party, or (2) if there is no Award Certificate or it does not define “Disability,” permanent and total disability as
determined under the Company’s long-term disability plan, the long-term disability plan maintained by any Subsidiary or any company attributed to the Company in the future applicable to the Participant. 

3.12 “Effective Date” shall mean the date as of which this Plan is adopted by the Board of Directors. 

3.13 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to time. 

3.14 The “Fair Market Value” of a share of Company Stock, as of a date of determination, shall mean (1) the closing
sales price per share of Company Stock on the national securities exchange on which such stock is principally traded on the date of determination of such Award (or the closing price on the last trading day prior to the date of determination if the
date of determination was not a trading day), or (2) if the shares of Company Stock are not listed or admitted to trading on any such exchange, the closing sales price per share of Company Stock as reported by the Nasdaq Stock Market on the
date of determination, or if the date of determination is not a trading day, for the trading day immediately preceding the day of the determination of the Award, or (3) if the shares of Company Stock are not then listed on a national securities
exchange or traded in an over-the-counter market or the value of such shares is not otherwise determinable, such value as determined by the Committee in good faith. In no event shall the fair market value of any share of Company Stock, the Option
exercise price of any Option, the exercise price per share of Company Stock under any Stock Appreciation Right, or the amount payable per share of Company Stock under any other Award, be less than the par value per share of Company Stock.

 3.15 “Full Value Award” means any Award, other than an Option or Stock Appreciation Right, which Award is
settled in Stock. 
 3.16 “ISO” shall mean an Option that is an “incentive stock option” within the
meaning of Section 422 of the Code, or any successor provision, and that is designated by the Committee as an ISO. 
 3.17
“Long Term Incentive Award” shall mean an Award described in Section 6.5 hereof that is based upon a performance period in excess of one year. 
 3.18 “Non-employee Director” shall mean a member of the Board of Directors who is not an employee of the Company. 
 3.19 “NQSO” shall mean a nonqualified stock option, which is an Option other than an ISO. 
 3.20 “Option” shall mean an option to purchase shares of Company Stock granted pursuant to Section 6.2. 
 3.21 “Other Cash-Based Award” shall mean a right or other interest granted to a Participant pursuant to Section 6.6 hereof, other than an Other Stock-Based Award. 

3.22 “Other Stock-Based Award” shall mean a right or other interest granted to a Participant, valued in whole or in part
by reference to, or otherwise based on, or related to, Company Stock pursuant to Section 6.6 hereof, including but not limited to (i) unrestricted Company Stock awarded as a bonus or upon the attainment of Performance Goals or otherwise as
permitted under the Plan, and (ii) a right granted to a Participant to acquire Company Stock from the Company containing terms and conditions prescribed by the Committee. 
 3.23 “Participant” shall mean an employee, consultant or director of the Company to whom an Award is granted pursuant to the Plan, and, upon the death of the employee, consultant or
director, his or her successors, heirs, executors and administrators, as the case may be. 
 3.24 “Performance
Award” shall mean an Award, granted in the form of Company Stock, with respect to Company Stock or in cash, in each case intended to qualify as performance-based compensation pursuant to Section 162(m) of the Code, and granted to a
Participant pursuant to Section 6.5 hereof. 
 3.25 “Performance Goal(s)” shall mean the following
business criteria applied to the Participant and/or a business unit or the Company and/or a Subsidiary: revenue, economic value added (EVA), net income, operating income, unit volume, return on stockholders’ equity, return on sales, stock
price, earnings per share, growth in earnings per share, earnings before interest, taxes, depreciation and amortization (EBITDA), cash flow, sales growth, margin improvement, income before taxes (IBT), IBT margin, return on investment, return on
capital, return on assets, values of assets, market share, market penetration goals, personnel Performance Goals, business development goals (including without limitation regulatory submissions, product launches and other business
development-related opportunities), regulatory compliance 

  
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goals, customer retention goals, customer satisfaction goals, goals relating to acquisitions or divestitures, gross or operating margins, operating efficiency, working capital performance,
expense targets and/or productivity targets or ratios. Where applicable, the Performance Goals may be expressed in terms of attaining a specified level of the particular criteria, and may be applied to one or more of the Company, a Subsidiary, or
affiliate, or a division of or strategic business unit of the Company or may be applied to the performance of the Company relative to a market index, a group of other companies or a combination thereof, all as determined by the Committee, and such
other criteria as the stockholders of the Company may approve. 
 3.26 “Person” shall have the meaning set
forth in Section 3(a)(9) of the Exchange Act, except that such term shall not include (1) the Company, (2) a trustee or other fiduciary holding securities under an employee benefit plan of the Company, (3) an underwriter
temporarily holding securities pursuant to an offering of such securities, or (4) a corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company.

 3.27 “Restricted Stock” shall mean a share of Company Stock which is granted pursuant to the terms of
Section 6.4 hereof. 
 3.28 “Restricted Stock Unit” shall mean a unit representing the right to receive
Company Stock in the future granted under Section 6.4. 
 3.29 “Retirement” shall mean retirement from
active employment with the Company, its subsidiaries or any of their successors, pursuant to any retirement program of the Company, its subsidiaries, or any of their successors in which the Participant participates. A Termination by a consultant or
non-employee director shall not be considered a Retirement unless otherwise specifically determined by the Committee. 
 3.30
“Rule 16b-3” shall mean the Rule 16b-3 promulgated under the Exchange Act, as amended from time to time. 

3.31 “Securities Act” shall mean the Securities Act of 1933, as amended from time to time. 

3.32 “Stock Appreciation Right” shall mean the right, granted to a Participant under Section 6.3, to be paid an
amount measured by the appreciation in the Fair Market Value of a share of Company Stock from the date of grant to the date of exercise of the right, with payment to be made in cash and/or shares of Company Stock, as specified in the Award
Certificate or determined by the Committee. 
 3.33 “Stock Bonus” shall mean a bonus payable in shares of
Company Stock granted pursuant to Section 6.4 hereof. 
 3.34 “Subsidiary” shall mean a “subsidiary
corporation” within the meaning of Section 424(f) of the Code. 
 3.35 “Termination” shall mean that
the Participant ceases, for any reason, to be an employee, consultant or non-employee director of the Company, its subsidiaries or any of their successors, including, without limitation, as a result of the fact that the entity by which the
Participant is employed or engaged or of which he or she is a director has ceased to be affiliated with the Company, its subsidiaries or their successors. To the extent that any Award constitutes a deferral of compensation within the meaning of
Section 409A(d) of the Code, no amount payable pursuant to such Award upon Termination shall be paid unless and until the Participant shall have incurred a “separation from service” within the meaning of Section 409A(a)(2)(A)(i)
of the Code and the applicable guidance issued thereunder. 
  

	4.	Awards Subject to the Plan. 

 4.1 Shares Available for Awards. The maximum number of shares of Company Stock reserved for issuance under the Plan shall be 3,000,000 shares (subject to adjustment as provided herein). Such shares
may be authorized but unissued Company Stock or authorized and issued Company Stock held in the Company’s treasury. The Committee may direct that any stock certificate evidencing shares issued pursuant to the Plan shall bear a legend setting
forth such restrictions on transferability as may apply to such shares pursuant to the Plan. 
 4.2 Individual
Limitation. The total number of shares of Company Stock subject to Awards awarded to any one Participant during any tax year of the Company, shall not exceed 500,000 shares (subject to adjustment as provided herein). 

4.3 ISO Limitation. The maximum number of shares of Company Stock reserved for issuance of ISOs under the Plan shall be 1,000,000
shares (subject to adjustment as provided herein). 

  
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 4.4 Annual Incentive Award Limitation. The annual maximum value of the aggregate
payment that any Participant may receive with respect to any Other Cash-Based Award that is an Annual Incentive Award is $10,000,000 (subject to adjustment as provided herein). The annual maximum value of the aggregate payment that any Participant
may receive with respect to any such Other Cash-Based Award that is a Long Term Incentive Award is the amount set forth in the previous sentence above multiplied by a fraction, the numerator of which is the number of months in the performance period
and the denominator of which is twelve. 
 4.5 Adjustment. In the event of a corporate transaction involving
Company Stock and/or the Company (including, without limitation, any stock dividend, stock split, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination or exchange of shares), the
Committee shall make an equitable adjustment to preserve the benefits or potential benefits of the Plan and outstanding Awards. Action by the Committee shall include, as applicable: (i) adjustment of the number and kind of shares which may be
delivered under the Plan; (ii) adjustment of the number and kind of shares referred to in Sections 4.1 and 4.2; (iii) adjustment of the number and kind of shares or other property subject to outstanding Awards; (iv) adjustment of the
exercise price, grant price or purchase price relating to any Award; (v) settlement in cash or Company Stock of an Award; and (vi) any other adjustments that the Committee determines to be equitable; provided that, except as the Committee
may otherwise determine, with respect to ISOs, any such adjustment shall be made in accordance with Section 424 of the Code and no such adjustment shall cause any Award hereunder which is or could be subject to Section 409A of the Code to
fail to comply with the requirements of such section. 
 4.6 Reuse of Shares. If any shares subject to an Award
are forfeited, cancelled, or surrendered or if an Award terminates or expires without a distribution of shares to the Participant, the shares of Company Stock with respect to such Award shall, to the extent of any such forfeiture, cancellation,
surrender, withholding, termination or expiration, again be available for Awards under the Plan. Notwithstanding the foregoing, if (i) shares of Common Stock are withheld to satisfy the minimum tax withholding requirements with respect to
exercise of an Option or Stock Appreciation Right or are tendered to the Company in payment of the exercise price of an Option, or (ii) if an Option is exercised on a net-settlement basis in which the Company withholds the amount of Company
Stock sufficient to satisfy the exercise price and tax withholding obligation or Stock Appreciation Right is exercised, then other Options or Stock Appreciation Rights may not be granted covering (x) the shares of Common Stock so withheld or
tendered or (y) the shares of Common Stock that were subject to such Option or Stock Appreciation Right but were not delivered to the Participant because of the net settlement. Options or Stock Appreciation Rights may not be granted covering
shares of Common Stock repurchased by the Company on the open market with proceeds, if any, received by the Company on account of the payment of the exercise price for an Option. Upon the exercise of any Award granted in tandem with any other
Awards, such related Awards shall be cancelled to the extent of the number of shares of Company Stock as to which the Award is exercised and such number of shares shall no longer be available for Awards under the Plan. 

 

	5.	Eligibility. 

 The persons
who shall be eligible to receive Awards pursuant to the Plan shall be individuals the Committee shall select from time to time, who are employees (including officers of the Company and its Subsidiaries, whether or not they are directors of the
Company or its Subsidiaries), Non-employee Directors, and consultants of the Company and its Subsidiaries as the Committee shall select from time to time; provided, that ISOs shall be granted only to employees (including officers and directors who
are also employees) of the Company or its Subsidiaries. 
  

	6.	Awards Under the Plan. 

6.1 Award Certificate. The Committee may grant Awards in such amounts and with such terms and conditions as the Committee
shall determine in its sole discretion, subject to the terms and provisions of the Plan. Each Award granted under the Plan (except an unconditional Stock Bonus) shall be evidenced by an Award Certificate as the Committee may in its sole discretion
deem necessary or desirable and unless the Committee determines otherwise, such Award Certificate must be signed, acknowledged and returned by the Participant to the Company. Unless the Committee determines otherwise, any failure by the Participant
to sign and return the Award Certificate within such period of time following the granting of the Award as the Committee shall prescribe shall cause such Award to the Participant to be null and void. By accepting an Award or other benefits under the
Plan (including participation in the Plan), each Participant shall be conclusively deemed to have indicated acceptance and ratification of, and consent to, all provisions of the Plan and the Award Certificate. 

6.2 Stock Options. 
 (a) Grant of Stock Options. The Committee may grant Options under the Plan to purchase shares of Company Stock in such amounts and subject to such terms and conditions as the Committee shall from time to
time determine in its sole discretion, subject to the terms and provisions of the Plan. The exercise price of the share purchasable 

  
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under an Option shall be determined by the Committee, but in no event shall (i) the exercise price be less than the Fair Market Value per share on the grant date of such Option, or
(ii) the period to exercise the Option exceed ten (10) years as measured from the date of grant. 
 (b) Each Option
shall be clearly identified in the applicable Award Certificate as either an ISO or a NQSO and shall state the number of shares of Company Stock to which the Option (and/or each type of Option) relates. 

(c) Special Requirements for ISOs. 
 (i) To the extent that the aggregate Fair Market Value of shares of Company Stock with respect to which ISOs are exercisable for the first time by a Participant during any calendar year under the Plan and
any other stock option plan of the Company shall exceed $100,000, such Options shall be treated as NQSOs. Such Fair Market Value shall be determined as of the date on which each such ISO is granted. 

(ii) No ISO may be granted to an individual if, at the time of the proposed grant, such individual owns (or is deemed to own under the
Code) stock possessing more than ten percent of the total combined voting power of all classes of stock of the Company unless (A) the exercise price of such ISO is at least 110 percent of the Fair Market Value of a share of Company Stock at the
time such ISO is granted and (B) such ISO is not exercisable after the expiration of five years from the date such ISO is granted. 
 6.3 Stock Appreciation Rights. 
 (a) The Committee may grant either
unrelated Stock Appreciation Rights or related (tandem) Stock Appreciation Rights as follows: 
 (i) The Committee may grant
unrelated Stock Appreciation Rights in such amount and subject to such terms and conditions, as the Committee shall from time to time determine in its sole discretion, subject to the terms and provisions of the Plan, provided, however, that in no
event shall (i) the exercise price of the shares of Company Stock subject to the Stock Appreciation Right be less than the Fair Market Value per share of Company Stock on the grant date of such Stock Appreciation Right, or (ii) the period
to exercise the Stock Appreciation Right exceed ten (10) years as measured from the date of grant. The holder of a Stock Appreciation Right shall, subject to the terms and conditions of the Plan and the applicable Award Certificate, have the
right to surrender to the Company for cancellation all or a portion of such Stock Appreciation Right, but only to the extent that such Stock Appreciation Right is then exercisable, and to be paid therefore, in either shares of Company Stock or cash,
as the Committee shall determine in the Award Certificate or otherwise, an amount equal to the excess (if any) of (x) the aggregate Fair Market Value of the shares of Company Stock subject to the Stock Appreciation Right or portion thereof
surrendered, determined as of the exercise date, over (y) the aggregate exercise price of the shares of Company Stock subject to the Stock Appreciation Right or portion thereof surrendered. 

(ii) The Committee may grant a related Stock Appreciation Right in connection with all or any part of an Option granted under the Plan,
either at the time such Option is granted or at any time thereafter prior to the exercise, termination or cancellation of such Option, and subject to such terms and conditions as the Committee shall from time to time determine in its sole
discretion, consistent with the terms and provisions of the Plan, provided, however, that in no event shall the exercise price of the shares of Company Stock subject to the Stock Appreciation Right be less than the Fair Market Value per share on the
grant date of such Stock Appreciation Right. The holder of a related Stock Appreciation Right shall, subject to the terms and conditions of the Plan and the applicable Award Certificate, have the right by exercise thereof to surrender to the Company
for cancellation all or a portion of such related Stock Appreciation Right, but only to the extent that the related Option is then exercisable, and to be paid therefor, in either shares of Company Stock or cash, as the Committee shall determine in
the Award Certificate or otherwise, an amount equal to the excess (if any) of (i) the aggregate Fair Market Value of the shares of Company Stock subject to the related Stock Appreciation Right or portion thereof surrendered, determined as of
the exercise date, over (ii) the aggregate exercise price of the shares of Company Stock subject to the Stock Appreciation Right or portion thereof surrendered. Upon any exercise of a related Stock Appreciation Right or any portion thereof, the
number of shares of Company Stock subject to the related Option shall be reduced by the number of shares of Company Stock in respect of which such Stock Appreciation Right shall have been exercised. Upon any exercise of an Option or portion thereof,
the number of shares of Company Stock subject to any related Stock Appreciation Right shall be reduced by the number of shares of Company Stock in respect of which such Option shall have been exercised. 

(b) The grant or exercisability of any Stock Appreciation Right shall be subject to such conditions as the Committee, in its sole
discretion, shall determine. 
 6.4 Restricted Stock, Restricted Stock Units, and Stock Bonus. 

  
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 (a) The Committee may grant Restricted Stock awards, consisting of such number of shares of
Company Stock, alone or in tandem with other Awards under the Plan, subject to such restrictions, terms and conditions, as the Committee shall determine in its sole discretion and as shall be evidenced by the applicable Award Certificates. The
vesting of a Restricted Stock award granted under the Plan may be conditioned upon the completion of a specified period of employment or service with the Company or any Subsidiary, upon the attainment of specified Performance Goals, and/or upon such
other criteria as the Committee may determine in its sole discretion. The Committee may also grant Restricted Stock Unit awards representing the right to receive shares of Company Stock in the future. Such right may be subject to the achievement of
one or more goals relating to the completion of service by the Participant and/or the achievement of performance or other objectives. 
 (b) The Committee may, upon such terms and conditions as the Committee determines in its sole discretion, provide that a certificate or certificates representing the shares underlying a Restricted Stock
award shall be registered in the Participant’s name and bear an appropriate legend specifying that such shares are not transferable and are subject to the provisions of the Plan and the restrictions, terms and conditions set forth in the
applicable Award Certificate, or that such certificate or certificates shall be held in escrow by the Company on behalf of the Participant until such shares become vested or are forfeited. Except as provided in the applicable Award Certificate, no
shares underlying a Restricted Stock award may be assigned, transferred, or otherwise encumbered or disposed of by the Participant until such shares have vested in accordance with the terms of such Award. 

(c) If and to the extent that the applicable Award Certificate may so provide, a Participant shall have the right to vote and receive
dividends on the shares underlying a Restricted Stock award granted under the Plan. Unless otherwise provided in the applicable Award Certificate, any stock or other property received as a dividend on or in connection with a stock split of the
shares underlying a Restricted Stock award shall be subject to the same restrictions as the shares underlying such Restricted Stock award. 
 (d) Restricted Stock Unit awards shall be subject to the restrictions, terms and conditions contained in the Plan and the applicable Award Certificates entered into by the Participants. Until the lapse or
release of all restrictions applicable to an Award of Restricted Stock Units, no shares of Company Stock shall be issued in respect of such Awards and, unless otherwise provided by the Committee in the Award Certificate, no Participant shall have
any rights as a stockholder of the Company with respect to the shares of Company Stock covered by such Restricted Stock Unit award. Upon the lapse or release of all restrictions with respect to a Restricted Stock Unit award or at a later date if
distribution has been deferred, in accordance with the provisions of Section 409A of the Code, one or more share certificates, registered in the name of the Participant, for an appropriate number of shares, free of any restrictions set forth in
the Plan and the related Award Certificate shall be delivered to the Participant. 
 (e) The Committee may grant Stock Bonus
awards, alone or in tandem with other Awards under the Plan, subject to such terms and conditions as the Committee shall determine in its sole discretion and as may be evidenced by the applicable Award Certificate. 

(f) Notwithstanding anything contained in this Section 6.4 to the contrary, the Committee may, in its sole discretion, waive the
forfeiture period and any other conditions set forth in any Award Certificate under appropriate circumstances (including the death, disability or Retirement of the Participant or a material change in circumstances arising after the date of an Award)
and subject to such terms and conditions (including forfeiture of a proportionate portion of the Award) as the Committee shall deem appropriate. 
 6.5 Performance Based Awards. 
 (a) The Committee may
grant Company Stock-and/or cash-based Performance Awards, alone or in tandem with other Awards under the Plan, to acquire shares of Company Stock or cash, intended to qualify as performance based compensation under Section 162(m) of the Code,
in such amounts and subject to such terms and conditions as the Committee shall from time to time in its sole discretion determine, subject to the terms of the Plan. To the extent necessary to satisfy the “short-term deferral” exception to
Section 409A of the Code, unless the Committee shall determine otherwise, the Performance Awards shall provide that payment shall be made within
2 1/2 months after the end of the performance period to which the Award relates. 

(b) In the event that the Committee grants a Performance Award (other than an Option) that is intended to constitute qualified
performance-based compensation within the meaning of Section 162(m) of the Code, the following rules shall apply (as such rules may be modified by the Committee to conform with Section 162(m) of the Code and the Treasury Regulations
thereunder as may be in effect from time to time, and any amendments, revisions or successor provisions thereto): (a) payments (whether in cash or Company Stock) under the Performance Award shall be made solely on account of the attainment of
one or more objective Performance Goals; (b) Performance Goals shall be established in writing 

  
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by the Committee not later than 90 days after the commencement of the period of service to which the Performance Award relates (or such shorter period as may be required under Section 162(m)
of the Code); and (c) the Committee may not have discretion to increase the amount payable under such Award with respect to any “covered employee” as defined in Section 162(m) of the Code after the Award is granted, provided,
however, that whether or not a Performance Award is intended to constitute qualified performance-based compensation within the meaning of Section 162(m) of the Code, the Committee shall have the authority to make appropriate adjustments in
Performance Goals under an Award to reflect the impact of extraordinary items not reflected in such Performance Goals. For purposes of the Plan, extraordinary items shall mean (1) any profit or loss attributable to acquisitions or dispositions
of stock or assets, (2) any changes in accounting standards that may be required or permitted by the Financial Accounting Standards Board or adopted by the Company after the goal is established, (3) all items of gain, loss or expense for
the year related to restructuring charges for the Company, (4) all items of gain, loss or expense for the year determined to be extraordinary or unusual in nature or infrequent in occurrence or related to the disposal of a segment of a
business, (5) all items of gain, loss or expense for the year related to discontinued operations that do not qualify as a segment of a business as defined in APB Opinion No. 30, and (6) such other items as may be prescribed by
Section 162(m) of the Code and the Treasury Regulations thereunder as may be in effect from time to time, and any amendments, revisions or successor provisions and any changes thereto. The Committee shall, prior to making payment under any
award under this Section 6.5, certify in writing that all applicable Performance Goals have been attained. The Committee may establish such other rules applicable to Performance Awards to the extent not inconsistent with Section 162(m) of
the Code. 
 6.6 Other Stock- or Other Cash-Based Awards. 

(a) The Committee is authorized to grant Awards to Participants in the form of Other Stock-Based Awards or Other Cash-Based Awards, as
deemed by the Committee to be consistent with the purposes of the Plan. Other Stock-Based awards, consisting of stock purchase rights, Awards of Company Stock, or Awards valued in whole or in part by reference to, or otherwise based on, Company
Stock, may be granted either alone or in addition to or in conjunction with other Awards under the Plan. Subject to the provisions of the Plan, the Committee shall have sole and complete authority to determine the persons to whom and the time or
times at which such Awards shall be made, the number of shares of Company Stock to be granted pursuant to such Awards, and all other conditions of the Awards. Unless otherwise determined by the Committee, any such Award shall be confirmed by an
Award Certificate executed by the Company and the Participant, which Award Certificate shall contain such provisions as the Committee determines to be necessary or appropriate to carry out the intent of this Plan with respect to such Award.

 (b) To the extent necessary to satisfy the “short-term deferral” exception to
Section 409A of the Code, unless the Committee shall determine otherwise, the Awards shall provide that payment shall be made within 2 1/2 months after the end of the performance period to which the Award relates. With
respect to Other Stock- or Other Cash-Based Awards intended to qualify as performance-based compensation under Section 162(m) of the Code, such Award shall comply with the requirements of Section 6.5 hereof. 

6.7 Exercisability of Awards; Cancellation of Awards in Certain Cases. 

(a) Except as hereinafter provided, each Award Certificate with respect to an Option or Stock Appreciation Right shall set forth the
period during which and the conditions subject to which the Option or Stock Appreciation Right evidenced thereby shall be exercisable, and each Award Certificate with respect to a Restricted Stock award, Restricted Stock Unit award, Stock Bonus
award, Performance Award or other applicable award shall set forth the period after which and the conditions subject to which the shares underlying such Award shall vest or be deliverable, all such periods and conditions to be determined by the
Committee in its sole discretion. 
 (b) Except as provided in Section 7 hereof, no Option or Stock Appreciation Right may
be exercised and no shares of Company Stock underlying any other Award under the Plan may vest or become deliverable unless the Participant is at such time in the employ (for Participants who are employees) or service (for Participants who are
Non-employee Directors or consultants) of the Company or a Subsidiary (or a company, or a parent or subsidiary company of such company, issuing or assuming the relevant right or award in a transaction) and has remained continuously so employed or in
service since the relevant date of grant of the Award. 
 (c) An Option or Stock Appreciation Right shall be exercisable by the
filing of a written notice of exercise or a notice of exercise in such other manner with the Company, on such form and in such manner as the Committee shall in its sole discretion prescribe, and by payment in accordance with Section 6.8 hereof.

 (d) Unless the applicable Award Certificate provides otherwise, in the case of an Option or Stock Appreciation Right, at any
time after the Company’s receipt of written notice of exercise of an Option or Stock Appreciation Right and prior to the Option or Stock Appreciation Right exercise date (as defined in Section 6.7(e)), and in the case of a

  
 8 

 
stock award or Performance Award, at any time within the six (6) business days immediately preceding the otherwise applicable date on which the previously Restricted Stock, stock award or
Performance Award would otherwise have become unconditionally vested or the shares subject thereto unconditionally deliverable, the Committee, in its sole discretion, shall have the right, by written notice to the Participant, to cancel such Award
or any part thereof if the Committee, in its sole judgment, determines that legal or contractual restrictions and/or blockage and/or other market considerations would make the Company’s acquisition of Company Stock from, and/or the
Participant’s sale of Company Stock to, the public markets illegal, impracticable or inadvisable. If the Committee determines to cancel all or any part of an Award, the Company shall pay to the Participant an amount equal to the excess of
(i) the aggregate Fair Market Value of the shares of Company Stock subject to the Award or part thereof canceled (determined as of the Option or Stock Appreciation Right exercise date, or the date that shares would have been unconditionally
vested or delivered in the case of Restricted Stock, Stock Bonus or Performance Award), over (ii) the aggregate Option exercise price or the Stock Appreciation Right exercise price or part thereof canceled (in the case of an Option or Stock
Appreciation Right) or any amount payable as a condition of delivery of shares (in the case of Restricted Stock, Stock Bonus or Performance Award). Such amount shall be delivered to the Participant as soon as practicable after such Award or part
thereof is canceled. 
 (e) Unless the applicable Award Certificate provides otherwise, the “Option exercise date” and
the “Stock Appreciation Right exercise date” shall be the date that the written notice of exercise, together with payment, are received by the Company. 
 6.8 Payment of Award Price. 
 (a) Unless the applicable Award Certificate
provides otherwise or the Committee in its sole discretion otherwise determines, any written notice of exercise of an Option or Stock Appreciation Right must be accompanied by payment of the full exercise price. If Section 6.7(d) applies, and
the six (6) business day delay for the Option exercise date is applied, the Participant shall have no right to pay the Option exercise price or to receive Company Stock with respect to the Option prior to the lapse of such six (6) business
days. 
 (b) Payment of the Option exercise price and of any other payment required by the Award Certificate to be made pursuant
to any other Award shall be made in any combination of the following: (a) by certified or official bank check payable to the Company (or the equivalent thereof acceptable to the Committee), (b) with the consent of the Committee in its sole
discretion, by personal check (subject to collection) which may in the Committee’s discretion be deemed conditional, (c) unless otherwise provided in the applicable Award Certificate, and as permitted by the Committee, by delivery of
previously-acquired shares of Company Stock owned by the Participant having a Fair Market Value (determined as of the Option exercise date, in the case of Options, or other relevant payment date as determined by the Committee, in the case of other
Awards) equal to the portion of the exercise price being paid thereby; and/or (d) unless otherwise provided in applicable Award Certificate, and as permitted by the Committee, on a net-settlement basis with the Company withholding the amount of
Company Stock sufficient to cover the exercise price and tax withholding obligation. Payment in accordance with clause (a) of this Section 6.8(b) may be deemed to be satisfied, if and to the extent that the applicable Award Certificate so
provides or the Committee permits, by delivery to the Company of an assignment of a sufficient amount of the proceeds from the sale of Company Stock to be acquired pursuant to the Award to pay for all of the Company Stock to be acquired pursuant to
the Award and an authorization to the broker or selling agent to pay that amount to the Company and to effect such sale at the time of exercise or other delivery of shares of Company Stock. 

 

	 	7.	Termination of An Award. 

 (a) With respect to vested awards, unless the applicable Award Certificate provides otherwise or the Committee in its sole discretion otherwise determines, the term of each Award shall end on the earliest
of the date on which (1) such Option or Stock Appreciation Right has been exercised in full, all restrictions on such Restricted Stock award have lapsed in full, shares in respect of such Restricted Stock Unit award have been delivered, or such
Performance Award, Annual Incentive Award, Stock Bonus Award, Other Stock-Based Award, or Other Cash-Based Award has been paid or settled, (2) except as described in (3), (4) or (5) below, the date on which the Participant experiences
a Termination, (3) with respect to an Option or Stock Appreciation Right that has vested and become exercisable, the one-year anniversary of the date on which the Participant dies or suffers a Disability, (4) with respect to an Option or
Stock Appreciation Right that has vested and become exercisable, the three-year anniversary of the date on which the Participant experiences a Termination due to such Participant’s Retirement, (5) with respect to an Option or Stock
Appreciation Right that has vested and become exercisable, the end of the ninety (90) day period following the date the Participant experiences a Termination for any reason not listed in (3) or (4) above, or (6) with respect to
an Option or Stock Appreciation Right, the tenth
(10th) anniversary of the date of grant. 

(b) With respect to unvested awards, unless the applicable Award Certificate provides otherwise, or the Committee in its sole discretion
otherwise determines, upon the occurrence of a Termination of a Participant for any 

  
 9 

 
reason, all outstanding Awards that are unvested, unexercisable, restricted or subject to any performance condition, as of the date of such Termination, shall be immediately forfeited, provided,
however, that the Committee, in its sole discretion (but in a manner not inconsistent with Section 162(m) of the Code), may accelerate the vesting, extend the exercise period and remove any restriction or performance condition with respect to
any outstanding Award (but with respect to an Option or Stock Appreciation Right, not beyond the ten (10) year anniversary of the date of grant). 
  

	8.	Effect of Change in Control. 

 (a) Unless the applicable Award Certificate provides otherwise or the Committee in its sole discretion determines otherwise, in the event of a Change of Control: 

(i) any Award carrying a right to exercise that was not previously exercisable and vested shall become fully exercisable and vested; and

 (ii) the restrictions, deferral limitations, payment conditions, and forfeiture conditions applicable to any other Award
granted under the Plan shall lapse and such Awards shall be deemed fully vested, and any Performance Goals imposed with respect to Awards shall be deemed to be fully achieved at the target level. 

(b) Upon a Change in Control, the Committee may provide for the cancellation of all Options and Stock Appreciation Rights then
outstanding. Upon such cancellation, the Company shall make, in exchange for each such Option or Stock Appreciation Right, a payment either in (i) cash, (ii) shares of the successor entity, or (iii) a combination of cash or shares, at
the discretion of the Committee, and in each case as the Committee shall, in its sole discretion determine, in an amount per share subject to such Option or Stock Appreciation Right equal to the excess, if any, of the Fair Market Value of a share of
Company Stock as of the date of the Change in Control over the per share exercise price of such Option or Stock Appreciation Right. 
  

	9.	Miscellaneous. 

 (a) Award
Certificates evidencing Awards under the Plan shall contain such other terms and conditions, not inconsistent with the Plan, as the Committee may determine in its sole discretion, including penalties for the commission of competitive acts or other
actions detrimental to the Company. Notwithstanding any other provision hereof, the Committee shall have the right at any time to deny or delay a Participant’s exercise of Options if the Committee reasonably believes the Participant (i) to
be engaged in material conduct adversely affecting the Company or (ii) to be contemplating such conduct, unless and until the Committee shall have received reasonable assurance that the Participant is not engaged in, and is not contemplating,
such material conduct adverse to the interests of the Company. 
 (b) Participants are and at all times shall remain subject to
the trading window policies adopted by the Company from time to time throughout the period of time during which they may exercise Options, Stock Appreciation Rights or sell shares of Company Stock acquired pursuant to the Plan. 

 

	10.	No Special Employment Rights; No Right to Award. 

 (a) Nothing contained in the Plan or any Award Certificate shall confer upon any Participant any right with respect to the continuation of employment or service by the Company or interfere in any way with
the right of the Company, subject to the terms of any separate employment agreement to the contrary, at any time to terminate such employment or service or to increase or decrease the compensation of the Participant. 

(b) No person shall have any claim or right to receive an Award hereunder. The Committee’s granting of an Award to a Participant at
any time shall neither require the Committee to grant any other Award to such Participant or other person at any time nor preclude the Committee from making subsequent grants to such Participant or any other person. 

  
 10 

	11.	Securities Matters. 

 (a)
The Company shall be under no obligation to effect the registration pursuant to the Securities Act of any interests in the Plan or any shares of Company Stock to be issued hereunder or to effect similar compliance under any state laws.
Notwithstanding anything herein to the contrary, the Company shall not be obligated to cause to be issued or delivered any certificates evidencing shares of Company Stock pursuant to the Plan unless and until the Company is advised by its counsel
that the issuance and delivery of such certificates is in compliance with all applicable laws, regulations of governmental authority and the requirements of any securities exchange on which shares of Company Stock are traded. The Committee may
require, as a condition of the issuance and delivery of certificates evidencing shares of Company Stock pursuant to the terms hereof, that the recipient of such shares make such agreements and representations, and that such certificates bear such
legends, as the Committee, in its sole discretion, deems necessary or desirable. 
 (b) The transfer of any shares of Company
Stock hereunder shall be effective only at such time as counsel to the Company shall have determined that the issuance and delivery of such shares is in compliance with all applicable laws, regulations of governmental authority and the requirements
of any securities exchange on which shares of Company Stock are traded. The Committee may, in its sole discretion, defer the effectiveness of any transfer of shares of Company Stock hereunder in order to allow the issuance of such shares to be made
pursuant to registration or an exemption from registration or other methods for compliance available under federal or state securities laws. The Committee shall inform the Participant in writing of its decision to defer the effectiveness of a
transfer. During the period of such deferral in connection with the exercise of an Award, the Participant may, by written notice, withdraw such exercise and obtain the refund of any amount paid with respect thereto. 

 

	12.	Withholding Taxes. 

 (a)
Whenever cash is to be paid pursuant to an Award, the Company shall have the right to deduct therefrom an amount sufficient to satisfy any federal, state and local withholding tax requirements related thereto. 

(b) Whenever shares of Company Stock are to be delivered pursuant to an Award, the Company shall have the right to require the
Participant to remit to the Company in cash an amount sufficient to satisfy any federal, state and local withholding tax requirements related thereto. With the approval of the Committee, a Participant may satisfy the foregoing requirement by
electing to have the Company withhold from delivery shares of Company Stock having a value equal to the minimum amount of tax required to be withheld. Such shares shall be valued at their Fair Market Value on the date of which the amount of tax to
be withheld is determined. Fractional share amounts shall be settled in cash. 
  

	13.	Amendment or Termination of the Plan. 

 The Board of Directors or the Committee may, at any time, suspend or terminate the Plan or revise or amend it in any respect whatsoever; provided, however, that stockholder approval shall be required if
and to the extent the Board of Directors or Committee determines that such approval is appropriate or necessary for purposes of satisfying Sections 162(m) or 422 of the Code or Rule 16b-3 or other applicable law. Awards may be granted under the Plan
prior to the receipt of such stockholder approval of the Plan but each such grant shall be subject in its entirety to such approval and no Award may be exercised, vested or otherwise satisfied prior to the receipt of such approval. No amendment or
termination of the Plan may, without the consent of a Participant, adversely affect the Participant’s rights under any outstanding Award. 
  

	14.	Transfers Upon Death; Nonassignability. 

 (a) A Participant may file with the Committee a written designation of a beneficiary on such form as may be prescribed by the Committee and may, from time to time, amend or revoke such designation. If no
designated beneficiary survives the Participant, upon the death of a Participant, outstanding Awards granted to such Participant may be exercised only by the executor or administrator of the Participant’s estate or by a person who shall have
acquired the right to such exercise by will or by the laws of descent and distribution. No transfer of an Award by will or the laws of descent and distribution shall be effective to bind the Company unless the Committee shall have been furnished
with written notice thereof and with a copy of the will and/or such evidence as the Committee may deem necessary to establish the validity of the transfer and an agreement by the transferee to comply with all the terms and conditions of the Award
that are or would have been applicable to the Participant and to be bound by the acknowledgments made by the Participant in connection with the grant of the Award. 
 (b) During a Participant’s lifetime, the Committee may, in its discretion, pursuant to the provisions set forth in this clause (b), permit the transfer, assignment or other encumbrance of an
outstanding Option unless such Option is an ISO and the Committee and the Participant intends that it shall retain such status. Subject to the approval of the Committee and to any conditions that the Committee may prescribe, a Participant may, upon
providing written notice to the General Counsel of the Company, elect to transfer any or all Options granted to such Participant pursuant to the Plan to members of 

  
 11 

 
his or her immediate family, including, but not limited to, children, grandchildren and spouse or to trusts for the benefit of such immediate family members or to partnerships in which such
family members are the only partners; provided, however, that no such transfer by any Participant may be made in exchange for consideration. Any such transferee must agree, in writing, to be bound by all provisions of the Plan. 

 

	15.	Effective Date and Term of Plan. 

 The Plan shall become effective on the Effective Date. Any Awards granted on or after the first regularly scheduled meeting of the shareholders of the Company that occurs more than twelve (12) months
after the date the Company becomes a separate publicly-held corporation, within the meaning of Section 162(m) of the Code and the Treasury regulations promulgated thereunder (the “Separation Date”) shall be subject to approval of the
stockholders of the Company. In the absence of such approval, Awards made after the Separation Date shall be null and void. Unless earlier terminated by the Board of Directors, the right to grant Awards under the Plan shall terminate on the first
anniversary of the Effective Date if such stockholder approval is not obtained and on the tenth anniversary of the approval of the Plan by the Company’s stockholders if such stockholder approval is obtained. Awards outstanding at Plan
termination shall remain in effect according to their terms and the provisions of the Plan. 
  

	16.	Applicable Law. 

 Except
to the extent preempted by any applicable federal law, the Plan shall be construed and administered in accordance with the laws of the State of Delaware, without reference to the principles of conflicts of law. 

 

	17.	Rights With Respect to Awards Granted Pursuant to the Plan. 

 (a) No Person shall have any claim to be granted any award under the Plan. Except as provided specifically herein, a Participant or a transferee of an Award shall have no rights as a stockholder with
respect to any shares covered by any award until the date of the issuance of a Company Stock certificate to him or her for such shares. 
 (b) Determinations by the Committee under the Plan relating to the form, amount and terms and conditions of grants and Awards need not be uniform, and may be made selectively among persons who receive or
are eligible to receive grants and awards under the Plan, whether or not such persons are similarly situated. 
  

	18.	Unfunded Status of Awards. 

The Plan is intended to constitute an “unfunded” plan for incentive and deferred compensation. With respect to any payments not
yet made to a Participant pursuant to an Award, nothing contained in the Plan or any Award Certificate shall give any such Participant any rights that are greater than those of a general creditor of the Company. 

 

	19.	No Fractional Shares. 

 No
fractional shares of Company Stock shall be issued or delivered pursuant to the Plan. The Committee shall determine whether cash, other Awards, or other property shall be issued or paid in lieu of such fractional shares or whether such fractional
shares or any rights thereto shall be forfeited or otherwise eliminated. 
  

	20.	Interpretation. 

 The Plan is designed and
intended to the extent applicable, to comply with Section 162(m) of the Code, and to provide for grants and other transactions which are exempt under Rule 16b-3, and all provisions hereof shall be construed in a manner to so comply. Awards
under the Plan are intended to comply with Code Section 409A and all Awards shall be interpreted in accordance with Code Section 409A and Department of Treasury regulations and other interpretive guidance issued thereunder, including
without limitation any such regulations or other guidance that may be issued after the effective date of the Plan. Notwithstanding any provision of the Plan or any Award Certificate to the contrary, in the event that the Committee determines that
any Award may or does not comply with Code Section 409A, the Company may adopt such amendments to the Plan and the affected Award (without Participant consent) or adopt other policies and procedures (including amendments, policies and
procedures with retroactive effect), or take any other actions, that the Committee determines are necessary or appropriate to (i) exempt the Plan and any Award from the application of Code Section 409A and/or preserve the intended tax
treatment of Awards or (ii) comply with the requirements of Code Section 409A. 

  
 12Logistics Agreement, dated September 1, 2012

 Exhibit 10.4 
 CTI/ Movianto Nederland 
  

	**	Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been
requested with respect to the omitted portions. 

 LOGISTICS AGREEMENT 

Dated September 1, 2012 

BETWEEN 
 CTI Life Sciences
Limited, a company duly established according to the laws of the United Kingdom, with its registered office located at Highlands House, Basingstoke Road, Spencers Wood, Reading, Berkshire, RG7 1NT, UK. 

hereafter “CLIENT” 
 AND 
 Movianto Nederland BV, a company duly established according to the laws of the
Netherlands, with its registered office located at Keltenweg 70, 5342 LP, Oss, The Netherlands. 
 hereafter
“MOVIANTO” 
 CTI Life Sciences Limited, and MOVIANTO may also be hereinafter referred to as “a Party” or as
“the Parties”, as the case may be. 
 WITNESSETH 
 WHEREAS MOVIANTO is acting as a logistics service provider in the TERRITORY and has been selected to provide certain warehousing and distribution services in Netherlands for CTI Life Sciences Limited
and its Associates. 
 WHEREAS CTI Life Sciences Limited wishes to have use of MOVIANTO’s warehousing and distribution services
in Netherlands for its pharmaceutical products. 
 NOW THEREFORE THE PARTIES AGREE ON THE FOLLOWING TERMS AND CONDITIONS: 

 

	1.	Interpretation 

  

	1.1	Defined Terms 

 In this
AGREEMENT the following capitalised words and expressions shall have the following meanings, respectively: 
 “ADDITIONAL
PRODUCT” means any finished drug products or medicinal products and health care products not covered by this Agreement as of the EFFECTIVE 

  
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DATE and which are subsequently added to the scope of this Agreement by CLIENT in accordance with Clause 2.3. 
 “AGREEMENT” means this Logistics Agreement as agreed between the parties. 
 “APPLICABLE LAWS AND REGULATIONS” means all EU and national laws, regulations, guidelines and professional and industry codes of conduct applicable in the TERRITORY to the SERVICES,
including but not limited to Directive 2001/83/EC of the European Parliament and of the Council of 6 November 2001 on the Community code relating to medicinal products for human use (the “Community Code on medicinal products”), the
GOOD DISTRIBUTION PRACTICE and the national laws, regulations and guidance implementing the above Directive and Guidelines. 

“AVC / CMR CONDITIONS OF CARRIAGE” means standard terms and conditions of carriage issued by Stichting Vervoeradres from
time to time. 
 “ASSOCIATE” means with respect to either Party, any person, firm, trust, corporation or other
entity or combination thereof which directly or indirectly controls, is controlled by, or is under common control with such Party; the terms “control” and “controlled” meaning ownership of fifty percent (50%) or more,
including ownership by trusts with substantially the same beneficial interests, of the voting and equity rights of such person, firm, trust, corporation or other entity or combination thereof or the power to direct the management of such person,
firm, trust, corporation or other entity or combination thereof. 
 “COMMERCIAL DEBT” means all accounts
receivable that have not cleared and remain unpaid. 
 “CONDITIONS OF STORAGE” Standard terms and conditions of
storage issued by the Physical Distribution Group from time to time, which are in strict accordance with the APPLICABLE LAWS AND REGULATIONS, including but not limited to the GOOD DISTRIBUTION PRACTICE and the national laws, regulations or guidance
implementing the GOOD DISTRIBUTION PRACTICE. 
 “EFFECTIVE DATE” means the date specified in Article 15
“Term and Termination”. 
 “GOOD DISTRIBUTION PRACTICE” means distribution practice as set out in the
Guidelines on Good Distribution Practice of Medicinal Products for Human Use in the European Community (94/C 63/03) issued by the European Commission. 
 “HEALTH AUTHORITIES” means any regulatory authority responsible for regulating the manufacture, marketing, sale and distribution of finished drug products or medicinal products and health
care products for human use in the TERRITORY. 
 “MARKETING AUTHORISATION” means the authorisation granted by
the competent HEALTH AUTHORITIES in accordance with the APPLICABLE LAWS AND REGULATIONS which permits the commercialisation of a PRODUCT in the TERRITORY. The term MARKETING AUTHORIZATION includes the approved Summaries of Product Characteristics
for the PRODUCTS. 
 “PERFORMANCE STANDARDS” means key operational standards against which MOVIANTO’s
performance will be monitored as set out in SCHEDULE 1. 

  
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 “PRODUCTS” means the presentations
listed in APPENDIX 1 of certain prescription and non-prescription finished drug products or medicinal products and health care products for human use, and as such APPENDIX may be amended from time to time in accordance with Clause 2.2.

 “RELEVANT COSTS” means any new tax or increased/decreased rate of tax or any increase/decrease in the cost of
fuel or any increase/decrease in the cost of MOVIANTO’s insurances or increases/decreases in other direct costs which has the effect of increasing or decreasing the costs incurred by MOVIANTO in supplying the Services. 

“SERVICES” means the provision by MOVIANTO of warehousing, transportation and distribution services for the PRODUCTS and
all related activities, in accordance with the terms of this Agreement, the TECHNICAL AGREEMENT and as otherwise listed in SCHEDULE 3. 
 “SERVICE FEE” means the remuneration payable by CLIENT to MOVIANTO in respect of the provision of the Services listed in SCHEDULE 3, as set out in APPENDIX 2. Additionally, a one-off fee
for IT implementation applies as set out in APPENDIX 2. 
 “STOCK” means the stock of PRODUCTS located in the
WAREHOUSE. 
 “TECHNICAL INFORMATION” means all documents and materials provided by or on behalf of CLIENT to
MOVIANTO as well as all written amendments thereto, including in particular but without limitation, instructions and specifications necessary to store, handle and transport the PRODUCTS, all as referred to in this Agreement. The TECHNICAL
INFORMATION includes the TECHNICAL AGREEMENT signed by the Parties on or around the date of this Agreement, which will form part of this Agreement. 
 “TERRITORY” means the countries listed in SCHEDULE 3. 

“WAREHOUSE” means MOVIANTO’s warehouse located at Keltenweg 70, 5342 LP, Oss, Netherlands, where it stores or
intends to store the PRODUCTS. 
 “WORKS” means the works set out on SCHEDULE 2 hereto, which are to be
completed by MOVIANTO to CLIENT’s reasonable satisfaction under this Agreement. 
  

	1.2	Interpretation 

 In this
Agreement, unless the context requires otherwise: 
  

	 	(a)	a reference to a Clause, SCHEDULE or APPENDIX is to a clause of or schedule or appendix to this Agreement (as the case may be) and a reference made in a SCHEDULE or an
APPENDIX to a Part or a Paragraph is to a part or a paragraph of that SCHEDULE or APPENDIX. 

  

	 	(b)	references to the “AGREEMENT” include the SCHEDULES and APPENDICES, which form part of this AGREEMENT for all purposes. 

 

	 	(c)	a reference to a “Party” or to the “Parties” shall be to either or both of CLIENT and MOVIANTO. 

  
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	 	(d)	references to the masculine, feminine or neuter gender respectively include the other genders, and references to the singular include the plural (and vice versa).

  

	 	(e)	references to a document are to that document as varied, supplemented or replaced from time to time. and 

 

	 	(f)	references to writing shall include any mode of reproducing words in a legible and non-transitory form. 

 

	2.	Scope of the Agreement 

  

	2.1	Before MOVIANTO commences any of the SERVICES, MOVIANTO shall carry out the WORKS at its sole cost and notify CLIENT of the date of completion of the WORKS. Within a
reasonable period after completion of the WORKS, CLIENT or its ASSOCIATE shall inspect the WORKS and confirm in writing to MOVIANTO whether or not it considers the WORKS to have been completed in a satisfactory manner. If CLIENT notifies MOVIANTO
that the WORKS have not been completed in a satisfactory manner, MOVIANTO shall at its sole cost promptly remedy the WORKS in any manner reasonably recommended by CLIENT, MOVIANTO shall notify CLIENT of the date of completion of any such remedial
WORKS and allow a follow-up inspection of the works by CLIENT or it’s ASSOCIATE. If CLIENT notifies MOVIANTO that the WORKS have been completed to its satisfaction, MOVIANTO shall commence the SERVICES as of the EFFECTIVE DATE in accordance
with the terms and conditions of this Agreement. 

  

	2.2	The parties agree that MOVIANTO shall, at the WAREHOUSE, in accordance with the terms and conditions of this AGREEMENT, provide to CLIENT the Services and perform all
related activities as specified hereunder. In providing the Services, MOVIANTO shall at all times comply with the PERFORMANCE STANDARDS set out in SCHEDULE 1 hereto and the TECHNICAL INFORMATION. 

 

	2.3	CLIENT, at its sole discretion, may at any time offer to include any ADDITIONAL PRODUCT as a new PRODUCT in APPENDIX 1 and in this Agreement and MOVIANTO shall accept
any such inclusion without delay unless it has good and valid reasons to decline CLIENT’S offer. In the event that MOVIANTO wishes to decline CLIENT’S offer, MOVIANTO shall notify CLIENT in writing of the good and valid reasons for
declining such offer within ten (10) days of receiving CLIENT’S offer. 

  

	2.4	CLIENT, at its sole discretion, may, at any time for whatever reason, unilaterally adjust APPENDIX 1 to remove an individual PRODUCT with not less than one
(1) month advance written notice of such partial termination to MOVIANTO. The provisions of Clause 16 (Obligations upon Termination) shall apply mutatis mutandis with respect to such partial termination in relation to such PRODUCT and
MOVIANTO shall not be entitled to claim any indemnity, reimbursement or compensation of any kind arising out of or in connection with such partial termination. As soon as practicable after MOVIANTO’s receipt of CLIENT’s notice of partial
termination, the Parties will discuss and agree an appropriate reduction of the Service Fee. 

  

	2.5	 MOVIANTO shall neither sub-contract any of the Services nor move any such Services, in whole or in part, to another site of MOVIANTO or a third party
without 

  
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the express prior written consent of CLIENT. Any subcontract shall be on terms and conditions identical to those contained in this Agreement (as amended from time to time) and MOVIANTO shall be
fully responsible and liable for the Services performed by its subcontractors and remain fully responsible for the due fulfilment of any and all of its duties and obligations under this Agreement. MOVIANTO shall ensure that the Services provided by
its subcontractors fully comply with the APPLICABLE LAWS AND REGULATIONS. All costs connected to and/or resulting from any sub-contracting will be borne by MOVIANTO. A list of approved subcontractors is shown in APPENDIX 6. 

 

	2.6	All costs and expenses directly or indirectly connected to MOVIANTO’s provision of the Services under this AGREEMENT, including internal and external costs
incurred with respect to subsequent changes in any of these Services, are to be borne by MOVIANTO, unless otherwise specified herein or expressly agreed in writing by both Parties in accordance with Clause 2.6. 

 

	2.7	From time to time additional tasks falling outside those envisaged as part of the Services may be required to be undertaken. Prior to undertaking such additional tasks,
MOVIANTO shall seek authority from CLIENT and obtain a purchase order or purchase order number from CLIENT. Where appropriate, all additional services provided by MOVIANTO will be subject to the terms and conditions contained in this Agreement. The
cost of providing such additional services shall be agreed by the Parties and paid for separately by CLIENT, and such costs shall not form part of the SERVICE FEE. 

 

	3.	Compliance and Authorisations 

  

	3.1	MOVIANTO hereby represents and warrants that at the EFFECTIVE DATE and throughout the term of this AGREEMENT: 

 

	 	(a)	it shall have the necessary expertise, personnel, facilities and equipment to perform the SERVICES under this AGREEMENT. 

 

	 	(b)	it shall operate and maintain its premises, equipment and procedures in strict compliance with all APPLICABLE LAWS AND REGULATIONS and shall ensure that its employees
and any sub-contractors are properly trained in respect thereof, and 

  

	 	(c)	it (i) will be in the possession of all governmental or other mandatory authorisations, licences or permits required with regard to the SERVICES under this
AGREEMENT, under due observance of the APPLICABLE LAWS AND REGULATIONS, including without limitation all applicable laws and regulations concerning the handling, storage and transportation of controlled medicinal products, and (ii) shall at all
times comply with all such authorisations, licences or permits. 

 MOVIANTO shall promptly notify CLIENT of any and
all queries and investigations of the HEALTH AUTHORITIES and/or any other competent authorities concerning its premises, equipment and/or procedures to the extent such queries or investigations are related, either directly or indirectly, to the
PRODUCTS or could impact any of the SERVICES under this AGREEMENT. CLIENT shall have sole power and responsibility for responding to such queries or investigations by HEALTH AUTHORITIES and/or any other competent authorities concerning the PRODUCTS
or the SERVICES. MOVIANTO shall notify CLIENT immediately, but 

  
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after no later than twenty-four (24) hours, if any HEALTH AUTHORITY or other competent authority communicates with MOVIANTO with respect to the PRODUCTS or the SERVICES or requests
permission to or does inspect MOVIANTO WAREHOUSE, other facilities or records in connection with the PRODUCTS or the SERVICES. MOVIANTO shall cooperate with any such inspection and shall deliver promptly to CLIENT all materials, correspondence,
statements, forms and records which MOVIANTO receives, obtains or generates pursuant to any such inspection or communications. MOVIANTO shall make its best endeavours to ensure that a representative from CLIENT may participate in any inspection by a
HEALTH AUTHORITY or other competent authority that relates to the PRODUCTS or the SERVICES. MOVIANTO shall also provide reports to CLIENT concerning any such inspection. MOVIANTO shall in no circumstances provide any HEALTH AUTHORITY, or other
competent authority, with any documentation, including responses to inspection reports, or provide any HEALTH AUTHORITY or other competent authority with any undertakings without the prior written approval of CLIENT. 

MOVIANTO shall promptly notify CLIENT in the event that any governmental or other mandatory authorisations, licenses or permits required
for the provision of the SERVICES expires or is withdrawn, cancelled, terminated or revoked for any reason. 
  

	3.2	Should MOVIANTO for any reason whatsoever, to a material extent, fail to comply with any of its obligations under Clause 3.1, such failure shall be considered as a
default of MOVIANTO under Clause 15.2 (a) and CLIENT may terminate this Agreement in accordance with such provision. 

  

	4.	Warehousing, Finished Drug Products or Medicinal Products Safety, Recall of Products 

 

	4.1	Unless otherwise agreed in writing in accordance with Clause 2.4, MOVIANTO will handle and store the PRODUCTS at the WAREHOUSE. 

MOVIANTO represents and warrants that it will always make available sufficient handling, storage and transport capacity for the PRODUCTS
to permit their uninterrupted and undisturbed marketing and distribution by CLIENT. 
  

	4.2	MOVIANTO shall (i) store, handle and transport the PRODUCTS in a safe and orderly manner and take all necessary care to prevent their damage, loss or theft,
(ii) assume the entire responsibility for the proper performance of the SERVICES and other related activities under this Agreement and (iii) in all such SERVICES, shall abide by the APPLICABLE LAWS AND REGULATIONS, MARKETING
AUTHORISATIONS, the TECHNICAL INFORMATION, any particular instructions communicated to it in writing by CLIENT as an amendment or pending amendment of the TECHNICAL INFORMATION, generally accepted standards of good handling, storage and
distribution, as well as binding orders of HEALTH AUTHORITIES and other competent authorities, all as applicable at the relevant time with regard to the activities detailed above. 

In particular, with regard to distribution and handling of the PRODUCTS, MOVIANTO will follow the “Physical Distribution
Voorwaarden” of the Physical Distribution Group, attached as APPENDIX 3 hereof, and GOOD DISTRIBUTION PRACTICE. 

  
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	4.3	Specific conditions have been agreed for certain PRODUCTS requiring specific storage conditions (i.e. temperature, atmospheric humidity or lighting and additional
security for controlled finished drug product or medicinal products) and all and any additional costs in relation therewith have been accounted for in the amounts listed in APPENDIX 2 hereof. 

 

	4.4	CLIENT, at all times, reserves its title in and remains the owner of the PRODUCTS. 

 

	4.5	MOVIANTO shall put in place and maintain at its cost sufficient security at the WAREHOUSE to ensure that none of the PRODUCTS are altered, damaged, tampered with or
diverted for abuse prior to distribution to third parties or to CLIENT’s ASSOCIATES. MOVIANTO shall further take appropriate steps to ensure that no falsified finished drug products or medicinal products, as this term is defined in the
APPLICABLE LAWS AND REGULATIONS, are stored, transported or distributed together with the PRODUCTS by MOVIANTO as part of the SERVICES. 

  

	4.6	MOVIANTO shall keep the PRODUCTS separate from products belonging to other companies (except CLIENT’S ASSOCIATES) and shall clearly identify all PRODUCTS in its
books as well as physically as goods belonging to CLIENT or its ASSOCIATES. 

 MOVIANTO undertakes to inform CLIENT
immediately if any third party asserts any claim, right or title to any PRODUCTS and shall assist CLIENT in every respect in protecting its proprietary rights. 
  

	4.7	For the duration of this AGREEMENT, MOVIANTO shall maintain insurance cover up to existing industry standards, covering damages for the full value of the WAREHOUSE and
equipment against fire, collapse, water damage and theft as well as its potential liabilities under this AGREEMENT. MOVIANTO shall be obliged to follow a reasonable request by CLIENT to immediately send a copy of a valid insurance policy providing
the relevant insurance. 

  

	4.8	MOVIANTO shall immediately inform CLIENT of any loss or damage of any PRODUCTS and provide all explanations and evidence in due time and will diligently take all steps
that are reasonably necessary to assist CLIENT in obtaining from the Parties’ respective insurers coverage of any claim and its complete indemnification. 

 

	4.9	MOVIANTO shall, at any time during normal business hours, with pre-notification permit the quality assurance and quality control personnel of CLIENT or CLIENT’S
ASSOCIATES to audit the parts of the WAREHOUSE where the PRODUCTS are handled, stored and transported (“auditing”). Such auditing shall include the right to inspect the compliance of MOVIANTO’s SERVICES with the provisions of the
APPLICABLE LAWS AND REGULATIONS and this AGREEMENT and to have access to all relevant documentation. MOVIANTO shall give the necessary support and information for this purpose. Furthermore, in any circumstances reasonably deemed by CLIENT to be an
emergency, CLIENT and its ASSOCIATES shall be entitled to immediate access to the WAREHOUSE. 

  

	4.10	MOVIANTO agrees that it shall implement effective tracing of batches and an effective recall of products procedure (enabling the identification and/or recall of
individual products) and on CLIENT’S request it will assist in a recall if at any time CLIENT or the HEALTH AUTHORITIES or other relevant authority considers for any reason that any PRODUCT must be recalled and/or removed.

  
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	5.	Replenishment 

  

	5.1	CLIENT will solely be responsible for the replenishment of the STOCK and for the determination of the necessary STOCK level. 

 

	5.2	 CLIENT shall have the PRODUCTS transported Delivered Duty Paid (DDP) the WAREHOUSE (INCOTERMS® 2010) and shall have a copy of each corresponding shipping notification forwarded to MOVIANTO prior to the delivery of the PRODUCTS. 

 

	5.3	To the extent reasonably feasible, all PRODUCTS shall be delivered on pallets of EUR standard, and the containers shall be clearly marked in accordance with the
shipping notification. 

  

	5.4	Immediately upon delivery of each shipment of PRODUCTS at the WAREHOUSE, MOVIANTO shall perform a careful visual inspection of all incoming PRODUCTS with respect to the
correspondence of the PRODUCTS and their quantities with the shipping notification, as well as with respect to damages and defects and MOVIANTO will confirm the number of pallets on the carriers drivers freight documents. Damages, defects, shortages
or discrepancies not detected at delivery shall be notified by MOVIANTO to CLIENT in writing without delay, and at the latest within forty-eight (48) hours, after their detection. In case no notification is received by CLIENT within forty-eight
(48) hours, the PRODUCTS are assumed to have been received by MOVIANTO in good order and condition. 

  

	6.	Transport of PRODUCTS, Returns, Back Orders 

  

	6.1	MOVIANTO, in accordance with purchase orders received from customer and any additional instructions it may receive from CLIENT, shall be in charge of the transport of
PRODUCTS from the STOCK to wholesalers or carriers in the DESIGNATED AREA. 

 At CLIENT’S specific written
instruction MOVIANTO will, furthermore, handle transport to wholesalers located in territories other than the TERRITORY, as well as to other destinations (such as, in particular but without limitation, CLIENT’S offices, manufacturing sites,
etc.), at conditions, including financial conditions to be agreed upon by the Parties on a case-by-case basis in accordance with Clause 2.6. It is agreed by the Parties that delivery of PRODUCTS to carriers in the TERRITORY are included in the
regular definitions of the Services hereunder, and consequently included in the SERVICE FEE agreed upon in APPENDIX 2 hereof. 
  

	6.2	Subject to the procedures to be agreed upon by the Parties in accordance with Clause 6.5, MOVIANTO shall transport all ordered PRODUCTS as expeditiously as reasonably
feasible and, unless otherwise instructed by CLIENT, in the sequence of their receipt. 

  

	6.3	 Unless otherwise instructed by CLIENT, transport of PRODUCTS shall be made Delivered Duty Paid (DDP) the wholesaler’s warehouse (INCOTERMS® 2010) and MOVIANTO shall, if agreed upon subject to CLIENT’S specific instructions, (i) select the trucks
to be used, (ii) arrange for transport and insurance according AVC conditions, and (iii), where applicable, obtain any export licence and other official authorisation and carry out all customs formalities necessary for any exportation of the
PRODUCTS. The transport conditions shall be based upon the TECHNICAL INFORMATION for the transportation of the PRODUCTS. 

  
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 In particular, in Netherlands MOVIANTO will follow the
General Transport Conditions “AVC 2002” (APPENDIX 4). 
  

	6.4	Unless otherwise agreed upon between the Parties on a case-by-case basis, all orders shall be received by MOVIANTO at least two working days before the transport date
and shall specify: 

  

	 	•	 	 the authorized recipient’s name and address, 

  

	 	•	 	 the PRODUCT name and Netherlands article number, 

  

	 	•	 	 the quantities of PRODUCTS to be transported, and 

  

	 	•	 	 where agreed between the Parties, the corresponding batch number. 

 

	6.5	All transports to wholesalers or other customers in Netherlands will be made according to procedures to be agreed upon by the Parties, such procedures in principle to
include that (i) the PRODUCTS may be transported together with products of other MOVIANTO customers and (ii) deliveries to any specific wholesaler will take place according to MOVIANTO’s weekly delivery schedule for such wholesaler.

 Deviations from such procedures may be agreed upon between the parties on a case-by-case basis against
additional remuneration for MOVIANTO. 
  

	6.6	MOVIANTO undertakes to strictly observe the FTE-FO (first to expire-first out) principle in its stock keeping and stock rotation of the PRODUCTS.

  

	6.7	Under no circumstances shall MOVIANTO transport any PRODUCTS known or suspected to be expired, damaged or defective. 

 

	6.8	MOVIANTO shall be in charge of the handling of returns of PRODUCTS from wholesalers to the WAREHOUSE, in strict compliance with any instructions it may receive from
CLIENT, including but not limited to CLIENTS Returns Policy, in this respect (including but without limitation, whether any returns shall be accepted from any specific wholesaler). 

 

	6.9	Any damaged, defective or expired PRODUCTS shall, at CLIENT’S discretion, either be returned to CLIENT or destroyed by MOVIANTO. In such latter case MOVIANTO shall
give CLIENT evidence of the destruction in accordance with the procedures applicable in the TERRITORY. The cost of the return of the PRODUCTS to CLIENT (i.e. transport and insurance charges) respectively their destruction shall borne by CLIENT
except where the damage, defect or expiry of the PRODUCTS is due to the negligence or wrongful act(s) of MOVIANTO, its officers, employees or agents, in which case the costs shall be borne by MOVIANTO according conditions in addition to any other
claims CLIENT then may have. 

  

	6.10	MOVIANTO shall remain responsible for the handling of any back orders. In the event that any back orders are necessary due to the negligence or wrongful acts or
omissions of MOVIANTO or its agents, then the cost of handling such back orders shall be borne by MOVIANTO. 

  

	7.	Accounting and Reporting 

  

	7.1	MOVIANTO shall maintain up-to-date records of all PRODUCTS, and shall, without delay, record all movements of and adjustments to the STOCK in its computer system.

  
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 MOVIANTO represents and warrants that all PRODUCT related
data stored shall, at any time, (i) on MOVIANTO’s systems be properly secured against any unauthorised access of any third parties, (ii) be accessible to CLIENT when requested, and (iii) give, for each PRODUCT, a complete and
accurate picture of all stock movements and adjustments, including all relevant explanations and background information, as well as an inventory balance. 
 MOVIANTO, at its own cost and expense, shall be in charge of the installation and permanent proper maintenance of MOVIANTO’s computer system. 

 

	7.2	Twice a year, at times mutually agreed by the parties, MOVIANTO shall carry out a full inventory count of the STOCK in accordance with local CLIENT procedures and
provide to CLIENT the result of each such inventory count. The second inventory count in each year shall be carried out under the joint supervision of the respective auditors for MOVIANTO and CLIENT. 

Each Party shall pay for its own auditor’s fees under this Clause 7.2, but otherwise the costs of the inventory count are included in
MOVIANTO’s SERVICE FEE under this AGREEMENT. 
  

	7.3	CLIENT may request MOVIANTO to carry out additional inventory counts against reimbursement by CLIENT of the related costs. 

 

	7.4	At CLIENT’S option a CLIENT representative may be present at any inventory count of the PRODUCTS carried out by MOVIANTO. 

 

	8.	Remuneration and costs 

  

	8.1	MOVIANTO shall be remunerated by CLIENT for its Services on the basis of the SERVICE FEE set out in APPENDIX 2. The SERVICE FEE as laid down in APPENDIX 2 is fixed for
a period of one year, and thereafter may not be increased more than once in any twelve (12) month period. A review of the SERVICE FEE and the SERVICES undertaken during the preceding twelve (12) months shall be completed annually before
the anniversary of the Effective Date. The SERVICE FEE may be adjusted annually to reflect any increase or decrease in the RELEVANT COSTS in the normal course of business, provided that the RELEVANT COSTS are reasonable. 

 

	8.2	MOVIANTO will invoice its services to CLIENT every month in relation to the PRODUCTS transported by and delivered at MOVIANTO during the preceding month.

 The invoiced amount shall fall due thirty days after the date of each invoice and be payable by CLIENT by
transfer to MOVIANTO’s bank account. 
  

			
	Invoices shall be sent to:	    	 CTI Life Sciences Limited

Highlands House
 Basingstoke Road

Spencers Wood
 Reading

Berkshire
 RG7 1NT

United Kingdom

  
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		    	Or electronically to: ap@cti-lifesciences.com
		
	With a copy to:	    	 Cell Therapeutics, Inc.

3101 Western Ave, Suite 600
 Seattle, WA
98121
 United States
  

Or electronically to: ap@ctiseattle.com

  

	8.3	With regard to the conditions for payment the “TLN betalingscondities” (APPENDIX 5) will apply, except that written complaints about an invoice shall
be received within thirty (30) days after the date of the invoice and not within eight (8) days in Article 1, section 5 of the TLN betalingscondities. 

 

	8.4	MOVIANTO shall maintain up-to-date records of all COMMERCIAL DEBT, and shall, without delay, record all payments of and adjustments to the ACCOUNTS RECEIVABLE BALANCE
in its computer system. In addition, MOVIANTO shall be in charge of managing COMMERCIAL DEBT, in strict compliance with any instructions it may receive from CLIENT, including but not limited to CLIENTS Credit Policy as referenced in SCHEDULE 3.

 MOVIANTO represents and warrants that all COMMERCIAL DEBT related data stored shall, at any time, (i) on
MOVIANTO’s systems be properly secured against any unauthorised access of any third parties, (ii) be accessible to CLIENT when requested, and (iii) give, for each COMMERCIAL DEBT, a complete and accurate picture of all movements and
adjustments, including all relevant explanations and background information, as well as an ACCOUNTS RECEIVABLE balance. 

MOVIANTO, at its own cost and expense, shall be in charge of the installation and permanent proper maintenance of MOVIANTO’s computer
system. MOVIANTO may outsource this activity to a third party per Section 2.5. 
 All invoices will be issued under CLIENT
letterhead, with banking information listed on the invoice. Customers will wire funds to CLEINT bank account in the UK. 
  

	9.	Communication with Agencies; Adverse Event Reporting 

  

	9.1	Should any communication regarding the PRODUCTS need to be made by MOVIANTO to the HEALTH AUTHORITIES or other governmental agencies in connection with the SERVICES
and/or in due compliance with the APPLICABLE LAWS AND REGULATIONS in the TERRITORY, MOVIANTO shall have the responsibility to consult with CLIENT and seek the CLIENT’S prior written approval concerning the content and tenor prior to such
communication and before initiating or responding to the HEALTH AUTHORITIES or other governmental agencies. Such communications shall be made in strict accordance with the provisions of Section 3.1 of this AGREEMENT. 

 

	9.2	 MOVIANTO shall inform CLIENT immediately (but in any event within twenty four (24) hours after the date of the notice to MOVIANTO) of any adverse
event or adverse experience, as these terms are defined in the APPLICABLE LAWS AND REGULATIONS, associated with a PRODUCT that is reported to MOVIANTO or of 

  
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which MOVIANTO or any of its agents are otherwise made aware. Such notification shall be made in writing in a manner reasonably agreed upon by the Parties. Such methods may include without
limitation notification by express mail, electronic mail, courier or facsimile. In addition, MOVIANTO shall provide CLIENT with immediate notification by telephone of any fatal or life-threatening serious adverse events associated with a PRODUCT.
MOVIANTO shall provide CLIENT with all information known or otherwise available to MOVIANTO on any such serious adverse event. 

  

	9.3	CLIENT shall retain responsibility for timely reporting, if required in CLIENT’s sole judgement, to the European Medicines Evaluation Agency (EMEA) or the HEALTH
AUTHORITIES of all adverse events or experiences reported to either Party. 

  

	10.	License 

  

	10.1	CLIENT shall make available to MOVIANTO the TECHNICAL INFORMATION necessary for MOVIANTO’s activities under this AGREEMENT and now grants to MOVIANTO a
non-exclusive, non-assignable licence to use such TECHNICAL INFORMATION. This licence is solely for the purpose of MOVIANTO performing the Services under this AGREEMENT. To the extent this licence relates to an individual PRODUCT, it shall terminate
automatically in relation to the termination of this Agreement in respect of such individual PRODUCT. Otherwise, this licence shall automatically terminate in the event that this AGREEMENT as a whole is terminated for any reason.

  

	10.2	MOVIANTO shall acquire neither any intellectual property rights nor any other proprietary rights to any information, document or material (to include but not limited to
electronically stored data) made available to it by CLIENT or by any CLIENT designee under this AGREEMENT. 

  

	11.	Liability and Indemnification 

  

	11.1	Subject to Clause 11.7 below CLIENT agrees to indemnify MOVIANTO, its officers and employees and hold them harmless from and against all losses, damages, costs, claims,
demands, judgments and liability of every kind and manner whatsoever, in law or in equity, judicial or administrative, civil or criminal, incurred by reason of a liability to a third party and arising out of (i) CLIENT’S breach of its
duties, representations or warranties under this AGREEMENT, (ii) the use of any PRODUCT (i.e. being product liability claims), or (iii) the infringement by any PRODUCT of any intellectual property rights, except, in all three cases (i),
(ii) and (iii), to the extent that any such losses, damages, costs, claims, demands, judgements or liability are due to the actions, negligence or wrongful act(s) or omissions of MOVIANTO, its officers, employees or agents, including but not
limited failure to comply with the provisions of this AGREEMENT or the APPLICABLE LAWS AND REGULATIONS. 

  

	11.2	Subject to Clause 11.7 below MOVIANTO agrees to indemnify CLIENT, its officers and employees and hold them harmless from and against all losses, damages, costs, claims,
demands, judgments and liability of every kind and manner whatsoever, in law or in equity, judicial or administrative, civil or criminal, incurred by reason of a liability to a third party and arising out of MOVIANTO’s breach of the APPLICABLE
LAWS AND REGULATIONS or its duties, representations or warranties under this AGREEMENT, except to the extent that any such losses, damages, costs, claims, demands, judgments or liability are due to the negligence or wrongful act(s) or omissions of
CLIENT, its officers, employees or agents. 

  
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	11.3	Liability of MOVIANTO 

  

	 	a)	TRANSPORT TRAJECTORY: MOVIANTO accepts liability as carrier for damage to or loss of goods in his charge which have occurred during transport, also in the event it has
subcontracted the transport to others. 

  

	 	b)	DAMAGE TO GOODS FROM CAUSES OTHER THAN DURING TRANSPORT: MOVIANTO is liable for damage to or loss of goods in his care from the moment of receiving the goods until
delivery unless he can prove force majeure as meant by Article 14, and with due regard to the following restrictions and limitations. 

  

	 	c)	CONSEQUENTIAL DAMAGE: MOVIANTO is only liable for damage to and loss of goods in his charge and therefore not for immaterial damage, loss of profit, consequential
damage, however occurring, including damage caused by delay and damage caused on account of advice from MOVIANTO. 

  

	 	d)	LIABILITY LIMIT: Limitation of liability for all warehousing services rendered by Movianto; maximum of ** per damage event and ** maximum per annum. Stock discrepancies
in the Warehouse shall be only compensated if they are more than 0,5 % of the annual Throughput (as defined herein) calculated on the Replacement Value (as defined herein). In this Agreement, “Replacement Value” means the basis of
compensation defined as 20% of the actual sales value ( of the Products; and “Throughput” means the number of units received in the Warehouse in any contract year plus number of units shipped out of the Warehouse in the relevant contract
year under the Service Schedule, divided by two. 

  

	 	e)	Limitation of liability for all transport services; liability shall correspond to the liability clauses of the General Conditions of Transport or the CMR. The
compensation due by ground carriers for non-compliance with its obligation is limited to an amount of € 3.40 per kilogram, for other damage than that arising from loss of or damage to the goods, such as consequential damage, business
stagnation or immaterial damage, the carrier is not liable on the ground of the contract of carriage. 

 The
maximum liability of MOVIANTO to the CLIENT for all losses, claims and damages arising out of this AGREEMENT or the performance of Supplier’s services amounts to ** per damage event up to the maximum amount of ** during any calendar year.
Notwithstanding the foregoing, the limitation of liability provisions contained in this Section 11 shall not apply to the extent such damages are caused by MOVIANTO’s gross negligence or willful misconduct. 

 

	11.4	 Each Party shall inform the other without delay and in writing if any third party claims are raised against it in connection with this AGREEMENT and/or
any PRODUCT, and each Party shall upon request therefore provide reasonable assistance and 

  
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co-operation to the other Party in defending any such claims. The Party requesting the co-operation or assistance shall reimburse the other Party for any reasonable out-of-pocket expenses
incurred in connection with so co-operating or assisting. 

  

	11.5	Each Party shall furthermore promptly notify the other Party of any claims for which it intends to seek indemnification or contribution from the third Party. In such
case the other Party shall, as jointly determined by the Parties, have the right to actively participate in the defence of the case and both Parties shall in good faith consult with each other regarding the defence strategy to be employed throughout
the case. A Party seeking indemnification or contribution from the other Party cannot settle a case without the written consent of the other Party. 

  

	11.6	Each Party will procure and maintain, at its own expense, comprehensive commercial general liability insurance (including contractual liability, product liability, and
completed operations) and will evidence such coverage upon the other Party’s request. Notwithstanding the foregoing, CLIENT is entitled to set up a self-insurance arrangement in lieu of commercial insurance policies to cover its potential
liabilities under this Agreement. 

  

	11.7	Neither Party shall be liable to the other Party in respect of any lost profits or indirect or consequential loss or damage, howsoever caused or incurred.

  

	12.	Confidentiality, Restrictions of Use 

  

	12.1	MOVIANTO shall keep secret all written, electronically stored and oral information concerning or in whatever way relating to the PRODUCTS and TECHNICAL INFORMATION as
well as any other information provided to it by or on behalf of CLIENT and/or its ASSOCIATES in connection with this AGREEMENT, and both Parties shall keep secret all such information concerning the other Party’s business and the terms of this
AGREEMENT. Neither Party shall either pass any information received from the other Party or its ASSOCIATES on to third persons or use it for any purposes whatsoever other than those of this AGREEMENT without the prior written consent of the other
Party. Both Parties shall reveal such information on a strict need to know basis only to their own employees directly engaged with their activity under this AGREEMENT and shall impose the obligation of secrecy and of non-use on these persons as
well. 

  

	12.2	The provisions of this Clause 12 shall remain in force for a period ending ten (10) years from the effective date of the termination of this AGREEMENT.

  

	12.3	The obligations set out in this Clause 12 shall not apply to: 

  

	 	(a)	information which, through no fault of the recipient or of any persons to whom recipient has been permitted to disclose it, is or will be in the public domain, or

  

	 	(b)	information which at the time of receipt was already known to the recipient without any obligation of confidentiality, or 

 

	 	(c)	information which was received by the recipient from a third party having a bona fide right to disclose or make available the same to the recipient without any
obligation not to disclose such information, or 

  
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	 	(d)	information the recipient can conclusively establish to have been independently developed by or for the recipient without use of the information disclosed by the other
Party. 

  

	12.4	The obligations of confidentiality set out in this Clause 12 shall not prevent the recipient disclosing such information to any competent authority or court of justice
as required by law, including, without limitation, any relevant securities exchange (including but not limited to the SEC or foreign equivalent), subject to the provisions of Section 3.1 of this AGREEMENT. The recipient shall notify the
disclosing Party in advance in writing of the information to be disclosed and of the party to whom the disclosure will be made. If the disclosing Party objects to such disclosure by the recipient, the recipient shall provide assistance to the
disclosing Party to enable it to defend disclosure as is necessary. 

  

	13.	Audit 

  

	13.1	During the term of this AGREEMENT and for a period of one (1) year after its termination or expiration, CLIENT shall have the right to retain an independent
certified public accountant or other expert in the field of storage and transport of medical products, to whom MOVIANTO has no reasonable objection, to audit MOVIANTO in order to determine the correctness of any financial information provided by
MOVIANTO under this AGREEMENT, including but not limited to processes and payment related issues. The audit shall be conducted during regular business hours, not more than once each quarter, at MOVIANTO’s place of business. Any costs of audits
performed more than once per year shall be mutually agreed upfront between the parties. The certified public accountant shall enter into a customary confidentiality agreement as a condition precedent to such audit and shall only report the
correctness or incorrectness of reports made to CLIENT and shall not disclose to CLIENT any other information. The cost of such audit shall be borne by CLIENT if the certified public accountant certifies that the reports are correct in all material
respects, whereas in all other cases all reasonable costs of such audit shall be borne by MOVIANTO, without prejudice to any other remedies then available to CLIENT. For purposes of clarification, any and all audits allowed or required under the
TECHNICAL AGREEMENT shall be excluded from the audit restrictions discussed above, including limitations on frequency and cost allocation. 

  

	13.2	If such audit determines that a payment or refund is due to CLIENT, MOVIANTO shall make such payment or refund to CLIENT within thirty (30) days of the date on
which the auditor’s written report is delivered to CLIENT. If the auditor determines that a payment is due to MOVIANTO, CLIENT shall make such payment to MOVIANTO within thirty (30) days of the date on which the auditor’s written
report is delivered to CLIENT. 

  

	14.	Force Majeure 

Circumstances or events, which cannot be avoided nor prevented by applying due care and economically appropriate means, in particular acts
of God, war, hostilities, terrorism, riot, fire, explosion, accident, flood, sabotage, lack of adequate fuel, power, raw materials, containers, transportation or labour, strike, lock-out or injunction (provided that no Party to this AGREEMENT shall
be required to settle a labour dispute against its own best judgement), compliance with governmental laws, regulations or orders, breakage or failure of machinery or apparatus, (hereinafter referred to as “Force Majeure”) and which
significantly impair or aggravate the performance of this Agreement, shall suspend an affected Party from performance 

  
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for their duration and to the extent of their effects. The affected Party shall inform the other Party without delay and in any event within five (5) calendar days of the event, about the
extent and expected duration of such interfering circumstances or events and shall furnish appropriate evidence of the occurrence. Furthermore, said Party shall use all reasonable endeavours to resume proper performance within an appropriate period
of time. 
  

	15.	Term and Termination 

  

	15.1	Subject to CLIENT’S written confirmation that the necessary WORKS have been completed to its satisfaction as described in Clause 2.1, this Agreement shall come
into force as from the date of CLIENT’S receipt of a European Wholesale Dealer License by the MHRA and continue for a period of two (2) years. Thereafter, the AGREEMENT shall be automatically renewed for successive one year periods, unless
either party gives written notice of their intent to not renew no less than three (3) months prior to such end of year period. 

 Following the first year of the AGREEMENT the AGREEMENT may be terminated at any time by CLIENT subject to three (3) months’ prior notice given by registered letter with acknowledgment of
receipt. 
  

	15.2	Notwithstanding any term or other provision herein to the contrary, this Agreement also may be terminated immediately under the following circumstances:

  

	 	(a)	if either Party defaults in the performance of any of its material obligations hereunder and fails to remedy such default within thirty (30) days after notice from
the other Party requiring it to do so, provided, however, that if the defaulting Party does cure the default during such notice period, this Agreement shall continue in full force and effect. Termination under this paragraph shall not relieve the
defaulting Party from liability for breach of this AGREEMENT. 

  

	 	(b)	if either Party shall be or become insolvent, or a petition in bankruptcy or some equivalent shall be filed by or against it, or if either Party shall make any
assignment for the benefit of creditors, or a receiver of the property or a substantial portion thereof of either Party shall be appointed, or if either Party shall seek protection under any laws or regulations the effect of which is to suspend or
impair the rights of its creditors, then, in any such event and at any time, the other Party may terminate this AGREEMENT, effective immediately, by written notice of such termination. or 

 

	 	(c)	if any case of Force Majeure under Clause 14 (Force Majeure) continues for more than sixty (60) days. 

 

	15.3	CLIENT may furthermore terminate this AGREEMENT, effective immediately, upon written notice to MOVIANTO in the event of any change in the direct or indirect ownership
or MOVIANTO’s business which CLIENT, at its sole discretion, considers prejudicial to, or in conflict with CLIENT’S interests. This provision shall apply whether such change be effected by governmental or private action. MOVIANTO shall
provide prompt written notice to CLIENT of any such change. 

  

	15.4	 The termination of this AGREEMENT for whatever cause shall neither affect any of the rights or obligations of either Party which have accrued until the
effective date of 

  
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such termination, nor shall it affect any rights or obligations of either Party under this Agreement which are stated by the Parties to survive such expiration or termination.

  

	15.5	Except in those cases expressly stipulated herein, neither Party shall be entitled to claim any indemnity, reimbursement or compensation of any kind arising out of or
in connection with the termination of this AGREEMENT carried out in accordance with the provisions hereof. 

  

	16.	Obligations upon Termination 

  

	16.1	Upon termination of this AGREEMENT, partially or in total, for any reason, MOVIANTO shall immediately cease to use all documents, instructions and information (in
whichever format, including but not limited to electronically stored data), including the TECHNICAL INFORMATION, which relate to the PRODUCTS and/or to their handling, storage or distribution and/or to CLIENT or any of CLIENT’S ASSOCIATES and,
without delay, return to CLIENT, free of charge, any and all such documents, instructions and information without keeping any copies thereof, except where required by law, and destroy all of MOVIANTO’s internal documents held in whatever format
(including any electronically stored data) that contain or effect the TECHNICAL INFORMATION or any other information which relates to the PRODUCTS and/or to their handling, storage or distribution and/or to CLIENT or any of CLIENT’S ASSOCIATES
and certify such destruction to CLIENT in a form satisfactory to CLIENT, the certificate to be signed by an MOVIANTO officer. 

  

	16.2	CLIENT shall, without delay and in no event later than thirty (30) days after the effective date of the termination, take (or have taken) over the entire then
existing STOCK. All handling, freight and insurance charges for the transportation of the STOCK to CLIENT or its designee shall be borne by CLIENT. 

  

	16.3	In the event of termination by CLIENT pursuant to Clause 15.2(b), CLIENT shall be entitled to enter the WAREHOUSE immediately for the purpose of removing PRODUCTS
within such timescales as CLIENT shall determine. 

  

	16.4	MOVIANTO does hereby expressly waive any and all liens and rights of retention it might have with respect to any of the items quoted in this Clause 16, including all
liens and rights of retention arising under the conditions set out in the APPENDICES hereto. 

  

	17.	Final Provisions 

  

	17.1	CLIENT may, at any time, assign all or any of its rights and transfer all or any of its obligations under this AGREEMENT to any of its ASSOCIATES. However, in the case
of such transfer CLIENT will guarantee any outstanding amounts due to MOVIANTO that have accrued prior to the date of the assignment or transfer. Apart from that, neither Party may assign or transfer any rights or obligations under this Agreement in
any way to any third party without the express prior written consent of the other Party, which consent may be withheld in the other Party’s sole discretion. Refusal of the other Party to give such consent shall be final, and the other Party
shall not be liable for any payment or indemnification resulting there from. Notwithstanding the foregoing, either Party may assign this AGREEMENT without prior approval in the event of the sale or divestiture of all or substantially all of the
assets to which this AGREEMENT relates. 

  
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	17.2	If one or more provisions of this AGREEMENT should be or become invalid or ineffective, then the Parties shall substitute valid or effective provisions for such
invalid/ineffective ones. The substituting provisions shall in their economic effect so closely resemble the invalid provisions that it can be reasonably assumed that the Parties would have contracted on the basis of those new provisions. If such
provisions cannot be agreed upon, then the invalidity of one or more of the provisions of this AGREEMENT shall not affect the validity of this AGREEMENT as a whole, unless the invalid provisions are of such essential importance for this Agreement
that it is to be reasonably assumed that the Parties would not have entered into this AGREEMENT without the invalid provisions. 

  

	17.3	No delay in exercising or non-exercise by either Party of any of its rights under or in connection with this AGREEMENT shall operate as a waiver or release of that
right. Rather, any such waiver or release must be specifically granted in writing signed by the Party granting it. 

  

	17.4	This AGREEMENT shall supersede any previous agreements whether written or oral between the Parties relating to the subject matter hereof whether formal contracts or
agreements that would be inferred from the Parties’ correspondence and/or conduct. 

  

	17.5	Save where expressly specified otherwise in this AGREEMENT no amendment or variation of the terms of this AGREEMENT shall be effective unless it shall be made or
confirmed in a written document signed by both Parties. 

  

	17.6	The headings are included for convenience only and shall not affect the interpretation or construction of this AGREEMENT. 

 

	17.7	Nothing in this AGREEMENT or any document referred to in it or any arrangement contemplated by it shall be construed as creating a partnership or agency between the
Parties for any purpose whatsoever and neither Party shall have the power or authority to bind the other Party or impose any obligations on it to the benefit of any third party. 

 

	17.8	While not contemplated under this AGREEMENT, any Invention (including patents and patent applications) will be the property of CLIENT. Inventions will be, to the extent
permitted by law, works made for hire. CLIENT will have the sole right to determine the treatment of all Inventions. Movianto will promptly disclose all Inventions to CLIENT in writing, execute all factually accurate documents and perform all
reasonable acts, at CLIENT’S expense, reasonably necessary to pursue, prosecute, maintain and enforce any patents, patent applications and other rights to the Inventions. For the purposes of this AGREEMENT, the term “Invention(s)”
will mean any and all discoveries, inventions, improvements, developments, products, processes, procedures, techniques, formulae, computer programs, drawings, designs, notes, documents, information and materials, whether or not protectable by
copyright, patent or trademark or as a trade secret, made, conceived, developed or first reduced to practice by MOVIANTO, alone or with others, in the course of providing the Services to CLIENT. 

 

	17.9	 All communications, other than day to day operations, relating to this AGREEMENT shall be in the English language in writing and (i) delivered by
hand or (ii) sent by registered post to the other Party at the relevant address shown at the start of this AGREEMENT (or such other address as may be notified from time to time in

  
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accordance with this Clause 17.9 to the other Party). MOVIANTO shall also provide a copy of any such communications to: 

Cell Therapeutics, Inc. 
 3101 Western Ave, Suite 600 
 Seattle, WA 98121 

United States 

Attn: Legal Affairs 
 Any such communication shall take effect upon delivery to the addressee, such delivery having to be proved by the originator of the communication. 

 

	17.10	This AGREEMENT shall be governed by and construed in accordance with the substantive laws of Netherlands. All legal concepts in this AGREEMENT are Dutch legal concepts.
All disputes arising in connection with this AGREEMENT or further contracts and agreements arising from this AGREEMENT, which cannot be settled amicably, shall be settled by the courts of Utrecht and the Parties agree to the exclusive jurisdiction
of such courts. 

  

	17.11	The Parties shall work together in good faith to remedy any difficulties which may arise in connection with this AGREEMENT. In the event disputes do arise in connection
with this AGREEMENT which the Parties are unable to settle amicably, the Parties agree to submit to the exclusive jurisdiction of the Courts of Amsterdam, Netherlands. 

 

	17.12	This Agreement is made in the English language. If for any reason whatsoever this Agreement is translated into any other language, the English text shall prevail in the
event of divergence or uncertainty of meaning. The language to be used with regard to the execution, performance or termination of this AGREEMENT shall be English. 

 

	17.13	MOVIANTO shall immediately refer to CLIENT any enquiries it receives from a customer in relation to the PRODUCTS and shall not in any event provide a unilateral
response to such enquiries. 

  

	17.14	CLIENT shall have the right to suspend supplies of the PRODUCTS in the event that in CLIENT’s sole opinion diversion of the PRODUCTS has taken place, is taking
place or is threatened. 

  

	17.15	In the event of any conflict between the terms of this AGREEMENT or SCHEDULE and any of the Appendices attached hereto, the terms of this AGREEMENT or SCHEDULE shall
prevail. 

  

	17.16	The following Articles and Clauses shall survive expiry or termination for any reason and shall continue with full force and effect: Article 11 (Liability), Article 12
(Confidentiality, Restrictions of Use), Article 13 (Audit), Article 16 (Obligations on Termination), and Clauses 17.9, 17.10, 17.11, 17.12 and 17.14. 

 IN WITNESS WHEREOF, the Parties have duly executed this AGREEMENT in three identical counterparts, two for CLIENT and one for MOVIANTO, as of the day and year first above written. 

  
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	CTI Life Sciences Limited	 		 	Movianto Nederland BV
			
	 /s/ Louis A. Bianco
	 		 	 /s/ P.J. Esselaar

	Name :	 	Louis A. Bianco	 		 	Name :	 	P.J. Esselaar
	Title :	 	Director	 		 	Title :	 	Managing Director
	Date:	 		 		 	Date:	 	

  
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 SCHEDULE 1 

PERFORMANCE STANDARDS 
  

					
	 Service
	  	 Performance Standard
	  	 Target

			
	Receiving and putting away PRODUCTS	  	PRODUCTS received by 12:00 noon will be booked in the same business day. PRODUCTS received after 12:00 noon will be booked in by 12:00 noon the next business day if all relevant
documentation is received by MOVIANTO in a timely manner	  	99% of pallets
			
	Control of inventory	  	Routine inventory checks to show no discrepancy between system and physical stock counts calculated by single unit	  	99.8%
			
	Order processing, pick and pack	  	Product to be correct item and quantity by line	  	99,6%

  
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 SCHEDULE 2 

THE WORKS 

Invoice template 

  
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 SCHEDULE 3 

THE SERVICES 

Receipt, Unloading and Checking 

MOVIANTO 
  

	 	•	 	 Unloading, counting, visual checking without opening outer cases and putting of stock. 

 

	 	•	 	 Recording products, quantities, and lot numbers received, noting visual damages, shortages and overages and inform CLIENT without undue delay.

  

	 	•	 	 Store damaged goods separately in a clean and secure non-saleable location. 

 

	 	•	 	 Keying of warehouse receipts into computer system 

 CLIENT 
  

	 	•	 	 Inform on the arrival of the goods at departure in form of a packing list and estimated time of arrival. In electronic way, at least 48 hours in
advance 

  

	 	•	 	 Deliver products in sufficient quantities during regular working hours 

Deliver products for storage properly marked and packaged, including a manifest showing sizes or specific stock keeping units, lot number,
storage conditions, expiry date and SHE measures. 
 Warehousing and Inventory Control 

MOVIANTO 
  

	 	•	 	 Adhering to the APPLICABLE LAWS AND REGULATIONS, including the GOOD DISTRIBUTION PRACTICES 

 

	 	•	 	 Storing of products in a clean and secure environment 

 

	 	•	 	 Storing of products in refrigerated (2 - 8 oC) 

  

	 	•	 	 Warehouse temperature control and relative humidity monitoring 

 

	 	•	 	 Provide special storage conditions where required, e.g. cytotoxic goods. 

 

	 	•	 	 Once a year perform physical counting of products / lot 

 CLIENT 
  

	 	•	 	 Inform MOVIANTO on the storage requirements of products stored and distributed by MOVIANTO. See Appendix 1. 

  
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 Manages multilingual call center and customer service
department to receive and process orders from customer as if Movianto were CTILS. See below: 
  

	 	1.	Customer Order Management 

  

	1.1	The profile of the Client’s business forecast is listed as Schedule 5. 

 

	1.2	Movianto will provide a multilingual call center and customer service department for order taking, processing and customer interaction in Languages English, German,
Dutch and French. Working hours will be from 08:00 – 17:00 CET. 

  

	1.3	Movianto will accept the Client or Customer’s orders placed by letter, facsimile, or electronic data interchange but not normally by telephone without written
confirmation. These orders may be placed directly by the Client’s Customers. 

  

	1.4	Movianto shall, on behalf of the Client, manage the sale of Products to the Customer on the Client’s Terms and Conditions of Sale set out in Schedule 6.

  

	1.5	Movianto shall undertake the checks to ensure that the Customers placing the orders are authorised by Client to receive the Products requested, to support the Client in
accordance with the Technical Agreement, for Regulatory purposes. 

 The Client will provide and maintain an up to
date list of its Customers so authorised. The Client will reimburse Movianto for any documented and reasonable costs and expenses arising from orders despatched to Customers who are listed on the Client’s authorised list and yet not authorised
to receive. 
  

	1.6	Any approaches from potential Customers shall be documented by Movianto and this documentation shall be promptly submitted to the Client for approval. Once approved the
Client shall promptly update the list of its authorised Customers to include the new Customer and send the updated list to Movianto. 

  

	1.7	The Client may, by written notice to Movianto, limit the total value of Products to be supplied to any Customer in either any calendar month or in any one order.
Movianto shall comply with such Client limits from the date one week after receipt of the written notice]. 

  

	1.8	Movianto will transfer the authorised orders to the Premises, pick and pack them and arrange delivery. 

 

	1.9	All products delivered by Movianto and reported by a Customer as defective in accordance with the CUSTOMER TERMS AND CONDITIONS OF SALE -Schedule 6 will be collected
and returned back to the Premises for quarantine and inspection or processed in accordance with the Client’s instructions and agreed procedure(s). The returned products will be documented by Movianto to evidence whence they came pending
inspection by the Client. 

  

	1.10	 Movianto will price orders in accordance with the Client’s price and discount schedule and invoice in the name of Client, acting as Logistics
Service Providers. For the purposes of this Service title in such Product remains with the Client at all times until the point of delivery to the Customer. The sales prices for the Products to be supplied shall be as determined by the price list
(initial version as listed in Appendix 1) or if 

  
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otherwise agreed between the parties written advice of the price to be used for each order. The Client shall give Movianto 10 (ten) Working Days’ notice of any changes in the prices or
discounts which require amendment of the price file, at Customer level, by Movianto staff, and if this notice is not given the changed prices shall not be applied until the first order accepted by Movianto 10 (ten) Working Days after the date on
which the written notice of the changes was received. All prices shall be exclusive of all applicable value added. Pricing will be in Pounds Sterling (£). 

 

	1.11	Movianto shall provide stock status and transaction reports from its systems to the Client in Movianto’s standard formats. 

Standard reports shall comprise: 
  

	 	1.11.1	A monthly report of Sales to Customers (this is a component of Self-Billing – see below) 

 

	 	1.11.2	A monthly report of the Client’s Stocks held by product, by batch (lot) 

 

	 	1.11.3	A report of Returns by reason code and Customer 

  

	 	1.11.4	A report of any claims (may be included in the above) 

 Other formats and reports are available at the Client’s additional cost. Movianto shall submit month end stock and sales reports to the Client in the first three working days of each following month.

 A debtor report shall also be provided during the month after the period of transactions. 

 

	1.12	Consistent with the Customer Terms and Conditions of Sale (Schedule 6), Movianto will check cleared funds from the Customer in CTI’s bank account no later than the
last working day of the month following the invoice date Movianto against the invoices issued. Overdue accounts shall be chased by the Movianto Credit Control department. 

 

	1.13	The Client shall retain responsibility for the recovery of Bad Debts. 

  

	1.14	Movianto shall prepare monthly statements for each Customer, within 5 (five) Working Days of the last day of the month and prompt late payers when appropriate by
telephone and/or letter. In the event that a Customer does not pay in accordance with the Customer Terms and Conditions of sale as set out in Schedule 6 of this Agreement or is in the opinion of Movianto a credit risk, then Movianto shall promptly
communicate to the Client such non-payment or credit risk and recommend to the Client that no further supplies are made to that Customer. No Customer order shall be refused by Movianto unless the refusal has first been agreed with the Client and the
Client shall at its own risk be able to overrule any recommendation by Movianto provided that the Client provides an instruction to this effect in writing. 

 

	1.15	Movianto shall keep sales histories and records together with all supporting documentation (including copies of all Products’ sales invoices to Customers) during
the term of this Agreement and shall allow the Client’s authorised representative to inspect during the Working Day, save for any instances where other clients’ data confidentiality would be compromised, and copy the same on giving
Movianto reasonable notice of its intention to do so. 

  

	1.16	 Movianto shall relay to the representatives of the Client all queries or problems raised by Customers about the Products. Movianto shall promptly pass
on to the Client all reports it may receive of any defects in any of the Products and of any adverse or unusual reactions resulting from the use of the Products by Clients or final consumers.

  
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After-sales services are otherwise restricted to the resolution of any transaction queries, the provision of proof of delivery, and performance reviews. For the avoidance of doubt, Movianto shall
not, at any time recommend, promote or substitute any product during its order processing or subsequent after-sales support. 

  

	1.17	Customer complaints fall into three categories ~ Service, Product and Medical. Movianto will ensure that all types of service complaints are recorded and handled
in line with the current Standard Operating Procedure for complaint handling. Customer complaints relating product quality or reports of adverse reaction will be forwarded and immediately notified to the Client. 

 

	 	•	 	 Forward technical inquiries to CLIENT 

  

	 	•	 	 Transmitting outbound shipment confirmations 

  

	 	•	 	 Order collection by telephone, email, mail, EDI, or fax during the normal working hours from 08:00 until 17:00. Cut off times for orders depend on
Carrier pick-up times. 

  

	 	•	 	 Checks to ensure that the Authorised Customers placing orders are authorised under the APPLICABLE LAWS AND REGULATIONS to receive the Products ordered.

  

	 	•	 	 Handling of customer inquiries 

  

	 	•	 	 Triages pharmacovigilance or medical related calls and forwards to the client determined pharmacovigilance CRO call center.

 CLIENT 
  

	 	•	 	 Provide script for receiving orders at Movianto’s call center and customer service department. 

 

	 	•	 	 Customer authorization 

  

	 	•	 	 Orders sent in batches by EDI to Movianto at 10:00 (80% of orders) and 14:00 (20% of orders) 

 

	 	•	 	 Manages pharmacovigilance calls. 

 Distribution 
 MOVIANTO 

 

	 	•	 	 Picking, packing, labelling and routing function 

  

	 	•	 	 Picking orders after the first expiry - first out principle 

  
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	 	•	 	 Picking and packaging of orders within 2-8C areas. 

  

	 	•	 	 Providing for the generation and inclusion of packing list and address label with if necessary special notifications 

 

	 	•	 	 Loading shipments onto outgoing trucks. 

 Transportation 
 MOVIANTO 

 

	 	•	 	 Transport shipments to customers from the Movianto distribution center in Oss, the Netherlands. 

 

	 	•	 	 Obtaining proofs-of-delivery and tracking and tracing shipments 

 Lot Number and Expiry Date Control 
 MOVIANTO 

 

	 	•	 	 Tracking of orders and product receipt by lot number and expiry date. 

 

	 	•	 	 Supporting product recall procedures 

 Returned Goods Processing 
 MOVIANTO 

 

	 	•	 	 Receiving of returned goods in segregated secure and refrigerated areas 

 

	 	•	 	 Providing documentation of returns received. 

  

	 	•	 	 Contacting CLIENT to obtain disposition instructions 

  

	 	•	 	 Arranging the destruction of returned products if required at the expense of CLIENT. 

 

	 	•	 	 Managing return of product into stock, where appropriate 

 Return & Recall 
 MOVIANTO 

 

	 	•	 	 Inform CLIENT on quality complaints immediately. 

 CLIENT 
  

	 	•	 	 Receive, examine and treat complaints of its customers. 

 

	 	•	 	 Answering quality complaints and initiation of recalls in 14 days 

 Product Quality Assurance (QA) 
 MOVIANTO 

  
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	 	•	 	 Receiving of products into quarantine status 

  

	 	•	 	 Managing release of product to saleable status on computer system 

 CLIENT 
  

	 	•	 	 Manage control over Q/A hold and release of product 

  

	 	•	 	 Be fully and solely responsible for ensuring that the products comply with all the APPLICABLE LAWS AND REGULATIONS. 

 

	 	•	 	 Handle all discussions with regulatory agencies regarding manufacturing defects, health, safety, labelling, or advertising issues related to any
product and be solely responsible for deciding the necessity, scope and procedures for product recall. 

 Reporting

 The CLIENT will receive reports from MOVIANTO as outlined in APPENDIX 2 
 CREDIT MANAGEMENT & DEBT COLLECTION 
  

	 	1.	Set up of new DEBTOR in computer system 

 The CLIENT will explicitly authorize MOVIANTO to set up a DEBTOR in the computer system. Prior to this authorization MOVIANTO will not deliver any PRODUCT to the DEBTOR The following information is
provided by the CLIENT to MOVIANTO in order to set up a DEBTOR. 
  

	 	•	 	 Invoice address 

  

	 	•	 	 VAT number 

  

	 	•	 	 Phone number 

  

	 	•	 	 Fax number 

  

	 	•	 	 Email address of accounts payable department 

  

	 	•	 	 Contact person in accounts payable department 

  

	 	•	 	 Choice of DEBTOR to receive invoice in .pdf, .csv or .xml 

 

	 	•	 	 Bank account, including IBAN & SWIFT 

  

	 	•	 	 Payment terms 

  

	 	•	 	 Credit limit 

  

	 	•	 	 Sales person details(optional, in case of invoice dispute follow up) 

 

	 	2.	Invoicing 

 MOVIANTO
offers the DEBTOR the choice to receive the invoice for the GOODS per mail or per e-mail. The CLIENT provides MOVIANTO with the following information in order to set up the invoice in accordance to the legal requirements: 

 

	 	•	 	 CLIENT address of invoicing entity 

  

	 	•	 	 CLIENT vat-number of invoicing entity 

  

	 	•	 	 Bank account to be paid in, including IBAN & SWIFT 

 

	 	•	 	 General conditions to add to invoice 

  

	 	•	 	 CLIENT logo 

  

	 	•	 	 Optional: Commercial messaging on invoice 

  
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	 	•	 	 Optional: Co-branding with MOVIANTO 

  

	 	a.	Invoicing ‘digital’: 

  

	 	i.	The CLIENT invoices are sent per email to the contact of the DEBTOR within 48 hours after the delivery of the GOODS to the DEBTOR. 

 

	 	ii.	The invoices can be sent to the DEBTOR in name of the CLIENT. An outgoing email-address is then to be provided to MOVIANTO. 

 

	 	b.	Invoicing ‘mail’: 

  

	 	i.	The CLIENT invoices are sent per mail to the contact of the DEBTOR within 48 hours after the delivery of the GOODS to the DEBTOR from MOVIANTO’s mail address.

  

	 	ii.	The CLIENT provides MOVIANTO with sufficient envelopes to ensure a timely billing. In case these are not provided, MOVIANTO will use its own stationary in order to
avoid non-compliance to this agreement. 

 MOVIANTO will add to the invoice all necessary information in order ensure timely and
correct payments, such as reference, payment terms, etc. 
  

	 	3.	Payments 

  

	 	a.	The CLIENT will open a bank account in the CLIENT’s name, specifically and only for the debt collection of the invoices. 

 

	 	b.	The CLIENT will provide to MOVIANTO viewing rights on this account through ISABEL 6.0. MOVIANTO uses the ISABEL software to download the payment in CODA and import this
on its debt collection system. 

  

	 	c.	The transfers from the CLIENTS account to its operational accounts is taken care of by the CLIENT. 

Debt Collection 
  

	 	d.	MOVIANTO will represent CLIENT in the debt collection process. Therefore the DEBTOR will not realize he/she is in contact with a third party, MOVIANTO. A telephone and
fax number will be provided by the CLIENT to MOVIANTO which will be used for debt collection purposes. In case, such numbers cannot be provided, MOVIANTO will provide these numbers. 

 

	 	e.	Under no circumstances MOVIANTO becomes owner of the debt. Therefore cannot be held liable for the debt that has not been collected at the end of the process agreed
between the CLIENT and MOVIANTO. However MOVIANTO will assist the CLIENT in order to collect the debt in full. 

  

	 	f.	The ‘standard process’ set up of the debt collection is as follow: 

 

	 	i.	On the expiry date +1 day a first reminder (herinnering) is being sent 

  

	 	ii.	On the expiry date + 15 days a first telephone conversation is held with the DEBTOR contact person provided by CLIENT 

 

	 	iii.	On the expiry date +30 day a warning (waarschuwing) is being sent 

  
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	 	iv.	On the expiry date + 45 days a first telephone conversation is held with the DEBTOR contact person provided by CLIENT 

 

	 	v.	On the expiry date +60 day a final notice (ingebrekestelling) is being sent 

 

	 	vi.	On the expiry date +75 day MOVIANTO will propose to the CLIENT to stop delivering although the credit limit is not exceeded. The CLIENT will need to communicate its
decision. Furthermore MOVIANTO will propose to hand over the outstanding debt to lawyer in order collect the outstanding debt. 

  

	 	g.	Debt collection ‘digital’ 

  

	 	i.	The CLIENT reminders are sent per email to the contact of the DEBTOR instantly on the agreed delays according to the standard debt collection process or any process
agreed with the CLIENT. 

  

	 	h.	Debt collection ‘mail’ 

  

	 	i.	The CLIENT reminders are sent per fax to the fax number of the DEBTOR instantly on the agreed delays according to the standard debt collection process or any process
agreed with the CLIENT. In case a fax-number is not provided The CLIENT reminders are sent per mail to the contact of the DEBTOR within 24 hours after the expiry of a delay to the standard debt collection process or any process agreed with the
CLIENT 

  

	 	i.	Changes to the ‘standard process’ 

  

	 	i.	The CLIENT can require different delay dates as described in the ‘standard process’. This is not considered a change to the ‘standard process’.
However in case an additional action is required by the CLIENT from MOVIANTO, this will be considered as an ‘extra’-action to the ‘standard process’. 

 

	 	j.	Traceability of actions 

  

	 	i.	MOVIANTO uses a software for this process. The CLIENT will have viewer rights on this software in order to follow the actions taken by MOVIANTO towards the DEBTORS of
the CLIENT 

  

	 	4.	Invoice dispute handling 

 In case an
invoice is being disputed the DEBTOR. The debt collection process will immediately stop. MOVIANTO will ask the CLIENT to settle the dispute with the DEBTOR. 
 The act of sending the invoice, however in dispute, will be considered as a payable action to MOVIANTO. 
 However MOVIANTO provides a service in which it takes care of this process for the CLIENT. MOVIANTO will contact the CLIENTS salesperson in order to evaluate the dispute together with the SALESPERSON. An
adequate follow up will be given to dispute. 
  

	 	i.	On the first date a written dispute will be provided to the salesperson of the CLIENT 

 

	 	ii.	On the date + 7 days a first telephone conversation is held with the salesperson of the CLIENT 

 

	 	iii.	On the date +14 a reminder is being sent to the sales person & his supervisor 

 

	 	iv.	The last 2 actions will reoccur until the dispute is solved 

  
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 SCHEDULE 4 

TERRITORY 
  

			
	 EU Countries
	  	 Major Language

	Austria	  	German
	Belgium	  	French/Dutch/German
	Bulgaria	  	Bulgarian
	Cyprus	  	Greek
	Czech Republic	  	Czech
	Denmark	  	Danish
	Estonia	  	Estonian
	Finland	  	Finnish (Suomi)
	France	  	French
	Germany	  	German
	Greece	  	Greek
	Hungary	  	Hungarian
	Ireland	  	English
	Italy	  	Italian
	Latvia	  	Latvian
	Lithuania	  	Lithuanian
	Luxembourg	  	Luxembourgish
	Malta	  	Maltese
	Netherlands	  	Dutch
	Poland	  	Polish
	Portugal	  	Portuguese
	Romania	  	Romanian
	Slovakia	  	Slovak
	Slovenia	  	Slovenian
	Spain	  	Spanish
	Sweden	  	Swedish
	United Kingdom	  	English

  

			
	 Centralized

Procedure
	  	  
	Norway	  	Norwegian
	Iceland	  	Icelandic
	Switzerland	  	German/French/Italian

  
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 The following countries are planned for initial Pixuvri® commercial launch : 
  

							
	 EU Countries
	 	 Country Language
	 	 Language

Customer Service
	 	 Quarter

	Austria	 	German	 	German	 	**
	Denmark	 	Danish	 	English	 	**
	Finland	 	Finnish (Suomi)	 	English	 	**
	Germany	 	German	 	German	 	**
	Ireland	 	English	 	English	 	**
	Netherlands	 	Dutch	 	Dutch	 	**
	Sweden	 	Swedish	 	English	 	**

  

							
	 Centralized Procedure
	 	  	 	  	 	  
	Norway	 	Norwegian (Norsk)	 	English	 	**

  
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 SCHEDULE 5 

CLIENT’S INITIAL NON-BINDING BUSINESS FORECAST 

 

																			
	 Country
	  	2012	 	2013	 	2014
	  	#
Vials	  	#
SKU	  	Estimated
# Orders	 	# Vials	  	#
SKU	  	Estimated
# Orders	 	# Vials	  	#
SKU	  	Estimated
# Orders
	 Germany
	  	1,980	  	1	  	**	 	9,504	  	2	  	**	 	11,405	  	3	  	**
	 Austria
	  	180	  	1	  	**	 	864	  	2	  	**	 	1,037	  	2	  	**
	 Finland
	  	144	  	1	  	**	 	691	  	2	  	**	 	829	  	2	  	**
	 Ireland
	  	144	  	1	  	**	 	691	  	2	  	**	 	829	  	2	  	**
	 Denmark
	  	144	  	1	  	**	 	691	  	2	  	**	 	829	  	2	  	**
	 Sweden
	  	216	  	1	  	**	 	1,037	  	2	  	**	 	1,244	  	2	  	**
	 Norway
	  	108	  	1	  	**	 	518	  	2	  	**	 	622	  	2	  	**
	 Netherlands
	  	288	  	1	  	**	 	1,382	  	2	  	**	 	1,659	  	2	  	**
	 France
	  	0	  	0	  	**	 	936	  	1	  	**	 	1,123	  	2	  	**
	 UK
	  	0	  	0	  	**	 	864	  	1	  	**	 	1,037	  	2	  	**
	 Italy
	  	0	  	0	  	**	 	1,728	  	1	  	**	 	2,074	  	2	  	**
	 Spain
	  	0	  	0	  	**	 	648	  	1	  	**	 	778	  	2	  	**
		  	  
	  	  
	  	  
	 	  
	  	  
	  	  
	 	  
	  	  
	  	  

	 Total
	  	3,204	  	8	  	**	 	19,555	  	20	  	**	 	23,466	  	25	  	**
		  	  
	  	  
	  	  
	 	  
	  	  
	  	  
	 	  
	  	  
	  	  

  
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 SCHEDULE 6 

CLIENT’S TERMS AND CONDITIONS OF SALE 
  

	6.1	Definitions and Interpretation 

 In this
Schedule, unless the context otherwise requires, the following expressions shall have the meanings set out opposite them: 
 “Seller”
means CTI Life Sciences Limited (the Client of Movianto) 
 “Customer” means the person who accepts a quotation of the Seller for the
sale of Goods or whose order for the Goods is accepted by the Seller. 
 “Terms and Conditions of Sale” means the standard Terms and
Conditions of Sale set out in this document and (unless the context otherwise requires) includes any special terms and conditions agreed in writing between the Customer and the Seller. 
 “Goods” means the product which will be ordered and purchased by Customer under these Terms and Conditions of Sale. 
 “Order” means the contract by the purchase and sale of the Goods. 
 “Working
day” means any day save a Saturday, Sunday or a day falling on a bank holiday. 
 The headings in these Terms and
Conditions of Sale are for convenience only and shall not affect their interpretation. 
  

	6.2.	Basis of the Sale 

 6.2.1 The Seller shall sell
and the Customer shall purchase the Goods in accordance with any quotation of the Seller which is accepted by the Customer, or any order of the Customer which is accepted by the Seller, subject in either case to these Conditions, which shall govern
the Order to the exclusion of any other terms and conditions subject to which any such quotation is accepted or purported to be accepted, or any such order is made or purported to be made, by the Customer. 

6.2.2 No variation to these Conditions shall be binding unless agreed in writing between the authorised representatives of the Customer and the Seller.

  

	6.3	Orders 

 6.3.1 The quantity and description of
the Goods shall be those set out in the Seller’s quotation (if accepted by the Customer) or the Customer’s order (if accepted by the Seller). 
 6.3.2 The Seller shall be entitled to cancel the Order in respect of all or part only of the Goods by giving notice to the Customer at any time prior to delivery, in which event the Seller shall have no
liability to the Customer for any loss (including loss of profit), costs (including the cost of labour), damaged, charged and expenses incurred by the Customer as a result of the cancellation. 

 

	6.4	Price of the Goods 

  
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 6.4.1 All orders will be invoiced at the prices current at the date of
dispatch and are subject to alteration without notice. Prices shown are exclusive of Value Added Tax which will be charged at the standard rate applicable at the date of invoicing. The Seller reserved the right to amend prices to those ruling at the
date of dispatch and to amend any errors or omissions. Prices are applicable in the United Kingdom only. 
  

	6.5	Terms of Payment 

 6.5.1 All accounts are
STRICTLY NET and become due under these Terms and Conditions of Sale on receipt of invoice and shall be payable such that the Seller shall have received cleared funds no later than 30 days from the invoice date. The time of receipt of cleared funds
shall be of the essence of the contract between the Seller and Customer. Without prejudice to any other right or remedy that may be available to the Seller, the Seller shall be entitled to charge interest on a daily basis, at the rate of
2.5% per month or part month, on all amounts not paid in accordance with these terms. Interest will be compounded on a calendar month basis. 
  

	6.6	Delivery 

 6.6.1 Acceptance of any Order is
subject to supplies of the Goods being available. The Seller reserves the right to deliver the Order in whole or in part and the Customer shall honour all invoices presented in respect of such deliveries in accordance with Section 5 of these
Terms and Conditions of Sale. 
 6.6.2 Where the Goods are to be delivered in instalments, each delivery shall constitute a separate contract
and failure by the Seller to delivery any one or more of the instalments in accordance with these Terms and Conditions of Sale or any claim by the Customer in respect of one or more instalments shall not entitle the Customer to treat the Order as a
whole as repudiated. 
 6.6.3 The cost of delivery will normally be paid by the Seller, but the Seller reserves the right to select the means
whereby the Goods are forwarded to the Customer. If delivery is made by a special carrier or more quickly than Movianto’s standard provision at the request of the Customer the Seller reserves the right to make an additional charge. 

6.6.4 Any dates quoted for delivery of the Goods are approximate only and the Seller shall not be liable for any delay in delivery of the Goods howsoever
caused. Time for delivery shall not be of the essence unless previously agreed by the Seller in writing. 
 6.6.5 A Customer shall themselves or
by their duly authorised representative sign the delivery note as an acknowledgement of full delivery. On delivery to the address nominated by the Customer the Seller shall be entitled to assume that any signature given is that of such a duly
authorised representative. 
  

	6.7	Risk and Property 

 6.7.1 Risk of damage to or
loss of the Goods shall pass to the Customer on delivery to the Customer’s designated point of delivery or, if the Customer wrongfully fails to take delivery of the Goods, the time when the Seller has tendered delivery of the Goods 

6.7.2 Notwithstanding delivery and the passing of risk in the Goods, or any other provision of these Terms and Conditions of Sale, the property in the
Goods shall not pass to the Customer until the Seller has received in cash or cleared funds payment in full of the price of 

  
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the Goods and all other Goods agreed to be sold by the Seller to the Customer for which payment is then due. 
 6.7.3 Until such time as the property in the Goods passes to the Customer, the Customer shall hold the Goods as the Seller’s fiduciary agent and bailee, and shall keep the Goods separate from those
of the Customer and third parties and properly stored, protected and insured and identified as the Seller’s property. Until that time the Customer shall be entitled to resell or use the Goods in the ordinary course of its business but shall
account to the Seller for the proceeds of sale or otherwise of the Goods, whether tangible or intangible, including insurance proceeds, and shall keep all such proceeds separate from any monies or property of the Customer and third parties and, in
the case of tangible proceeds, properly stored, protected and insured. 
 6.7.4 Until such time as the property in the Goods passes to the
Customer (and provided the Goods are still in existence and have not been resold), the Seller shall be entitled at any time to require the Customer to deliver up the Goods to the Seller and, if the Customer fails to do so forthwith, to enter upon
any premises of the Customer or any third party where the Goods are stored and repossess the Goods. 
 6.7.5 The Customer shall not be entitled
to pledge or in any way charge by way of security for any indebtedness any of the Goods which remain the property of the Seller, but if the Customer does so all monies owing by the Customer to the Seller shall (without prejudice to any other right
or remedy of the Seller) forthwith become due and payable. 
  

	6.8	Damages, Shortages or Loss in Transit 

 6.8.1 Any
claim by the Customer: 
 6.8.1.1 which is based on delivery of allegedly faulty Goods must be notified immediately by telephone to the Customer
Service Helpline; 
 6.8.1.2 which is based on any damage during transit shall be notified to the Seller and the carrier in writing within two
(2) working days from the date of delivery; 
 6.8.1.3 which is based on any loss or shortage shall be notified to the Seller and the
carrier in writing within two (2) working days from the date of delivery. 
 6.8.2 If the Customer does not notify the Seller accordingly
the Customer shall not be entitled to reject the Goods and the Seller shall have no liability for such fault, damage, loss or shortage, and the Customer shall be bound to pay the price as if the Goods had been delivered in accordance with the Order.

 6.8.3 Where any valid claim in respect of any of the Goods which is based on any fault, damage, loss or shortage is notified to the Seller in
accordance with these Terms and Conditions of Sale, the Seller shall be entitled to replace the Goods (or the part in questions) free of charge or, at the Seller’s sole discretion, refund to the Customer the price of the Goods (or a
proportionate part of the price), but the Seller shall have no further liability to the Customer. In these instances the Customer must retain all damaged Goods and/or packaging for inspection and/or collection by the Seller. 

6.8.4 The Seller shall not be liable to the Customer or be deemed to be in breach of the Order by reason of any delay in performing, or any failure to
perform, any of the Seller’s obligations in relation to the Goods, if the delay or failure was due to any cause beyond the 

  
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Seller’s reasonable control. Without prejudice to the generality of the foregoing, the following shall be regarded as causes beyond the Seller’s reasonable control: 

Act of God, explosion, flood, tempest, fire or accident; 
 War or threat of war, sabotage, insurrection, civil disturbance or requisition; 
 Acts,
restrictions, regulations, by-laws, prohibitions or measures of any kind on the part of any governmental, parliamentary or local authority; 

Import or export regulations or embargoes; 

Strikes, lock-outs or other industrial actions or trade disputes (whether involving employees of the Seller or of a third party); 

Difficulties in obtaining raw materials, labour, fuel, parts or machinery; 
 Power failure or breakdown in machinery; 
 Failure due to delay in the obtaining of any
governmental or other permission for the sale, storage or transportation of the Goods. 
  

	6.9	Returns 

 6.9.1 Requests to return Goods must be
made within three (3) working days of receipt. All requested returns must be authorised in advance by the Seller’s Customer Service office. Items requiring temperature controlled storage will require a valid proof of correct storage of
Goods prior to any agreement to return. However, in the event that the product licence holder does not warrant the efficacy of the Goods, credits will not be issued in any circumstance, regardless of the existence of Customer temperature controlled
records. For the avoidance of doubt temperature controlled Goods must be checked and refused on delivery if necessary. Once Goods are accepted (even in the case of manifest error by the Seller), credit will not be issued. 

6.9.2 All Goods for return will be collected by the Seller or their nominated sub-contractor, collection will be attempted a maximum of three
(3) times and it is the Customer’s responsibility to ensure Goods are ready for collection. After the third attempt the return will be cancelled and full payment for the Goods will be required. 

6.9.3 Notwithstanding that a return is authorised by the Seller the Seller may subsequently refuse to accept the return of Goods if:- 

They are not of the same batch as that supplied in the Order. 
 They are not in sealed original packaging. 
 They are in the sole opinion of the
Seller unfit for resale. 
 Any unauthorised Goods returned or any Goods returned by other means than those designated in 9.2
will be destroyed and no credit will be issued. 
  

	6.10	Insolvency of the Customer 

 6.10.1 This clause
applies if: 
 6.10.1.1 The Customer makes any voluntary arrangement with its creditors or becomes subject to an administration order or (being
an individual or firm) becomes bankrupt or (being a company) goes into liquidation (otherwise than for the purposes of amalgamation or reconstruction): or 
 6.10.1.2 The holder of a security interest takes possession, or a receiver is appointed, of any of the property or assets of the Customer: or 
 6.10.1.3 The Customer ceases, or threatens to cease, to carry on business: or 

  
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 6.10.1.4 The Seller reasonably apprehends that any of the events mentioned
above is about to occur in relation to the Customer and notifies the Customer accordingly. 
 6.10.2 If this clause applies then, without
prejudice to any other right or remedy available to the Seller, the Seller shall be entitled to cancel the Order or suspend any further deliveries under the Order without any liability to the Customer, and if the Goods have been delivered but not
paid for the price shall become immediately due and payable notwithstanding any previous agreement or arrangement to the contrary. 
  

	6.11	Proper Law, Jurisdiction, Severability and Waiver 

6.11.1 These Terms and Conditions of Sale of sale shall be governed by English law and the Seller and the Customer shall both submit to the exclusive
jurisdiction of the English Courts. 
 6.11.2 The invalidity or unenforceability of any provision of these conditions shall not affect the
validity or enforceability of any other provision which shall remain in full force and effect. 
 6.11.3 The failure of the Seller to enforce
any right or provision in these Terms and Conditions of Sale shall not constitute a waiver of that right or provision. 

  
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 CTI/ Movianto Nederland 

 
 APPENDICES: 
 APPENDIX 1: CLIENT pharmaceutical products 
 APPENDIX 2: Service Fee 

APPENDIX 3: Physical Distribution Conditions 
 APPENDIX 4: General Transport Conditions “AVC 2002” 
 APPENDIX 5: TLN
betalingscondities 
 APPENDIX 6: Approved Subcontractors MOVIANTO 
 APPENDIX 7: CLIENT Contact List 
 APPENDIX 8: MOVIANTO Nederland Contact List

 APPENDIX 9: Functional Specifications 

  
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 CTI/ Movianto Nederland 

 
 APPENDIX 1: 

CLIENT PHARMACEUTICAL PRODUCTS 
 Description of products 
  

																					
	 Product
	 	 Generic
Substance
	 	 Product

Code
	 	 Country
Code
	 	 Quality
Status
	 	 Storage
condition
	 	 Transport
condition
	 	 Special
Information

(ADR, CD,
Cytotoxic, etc)
	 	 Normal
holding

amount
	 	 Initial

Price
	 	 MSDS
provided to
MOVIANTO

	Pixuvri	 	Not Applicable	 	EU/1/12/764/001	 	TBD	 	EC Approved	 	2-8C	 	2-8C*	 	Cytotoxic	 	TBD	 	TBD	 	CTI will provide MSDS

  
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 CTI/ Movianto Nederland 

 
 APPENDIX 2: 

SERVICE FEE 
 Warehouse
Services 
  

							
	 	  	Fixed monthly Fee
	 # orders per Month
	  	Warehousing
Service	  	Customer
Service
(EN, DE, FR,
NL)	  	Additional
EU language
	 **
	  	**	  	**	  	**
	 **
	  	**	  	**	  	**
	 **
	  	**	  	**	  	**
	 **
	  	**	  	**	  	**
	 **
	  	**	  	**	  	**
	 **
	  	**	  	**	  	**
	 **
	  	**	  	**	  	**
	 **
	  	**	  	**	  	**

  

					
	 Returns Processing
	  			
	 Return Fee
	  	 	*	* 
	 Destruction Charges
	  	 	*	* 
		
	 Emergency Orders
	  			
	 Per Emergency Order Fee
	  	 	*	* 

  

					
	 Transport Services
	 
	 Distribution - Benelux
	  	 	**	  
	 Distribution - Rest of EU
	  	 	**	  
	 **
	   

  

			
	 Excluded
	 	  
	 **
	 	
	 **
	 	
	 **
	 	
	 **
	 	
	 **
	 	

  

			
	 Conditions

	 AVC conditions
	 	 Transport by road in the Netherlands

	 CMR conditions
	 	 Transport by road outside the Netherlands

	 Dutch Forwarding conditions
	 	 Transport by air or sea

	 Physical Distribution conditions
	 	 For storage and handling activities

	 TLN conditions
	 	 For payment of our services

	 (For all conditions the most recent version is applicable)
	 	
	One-Time fee for IT implementation

  
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	 Business Facts
	  		  	
	 User Requirements will be written by Client? (YES|NO)
	  	YES	  	
	 Functional Specifications will be written by Movianto?
	  	YES	  	
	 Project Charter necessary?
	  	NO	  	
	 If Reports are necessary, please choose. (Mark with “X”)
	  	Stock Level	  	
		  	Delivery	  	
		  	Despatch	  	
	 Web access to the Reporting Platform necessary
	  		  	NO
			
	 Technical Facts
	  		  	
	 Is the connection to the Client already in place (only for CRs)
	  		  	NO
	 Which kind of technical connection is preferred? (Mark with “X”)
	  	JMS or
IBM MQ	  	
		  	HTTPS	  	
		  	SOAP	  	
		  	SFTP	  	X
		  	EDIFACT	  	
	 Which is the incoming Format? (Mark with “X”)
	  		  	
	 Movianto GBO structure
	  		  	
	 XML(NS) Format
	  		  	X
	 IDOC XML(NS) Format - Movianto Standard
	  		  	
	 XML(NS) format based on SAP IDOCs
	  		  	
	 Fixed length - Movianto Standard
	  		  	
	 Fixed length or tagged delimited format (CSV)
	  		  	X
	 EDIFACT Standard
	  		  	
			
	 How complex is the Mapping, and the business rules? - Please choice
	  		  	LOW
	 Changes on the GBO model necessary -

If yes how many GBOs are involved?

(Referring to the actual GBO documentation)
	  		  	0
	 Unit tests with different test cases are necessary?
	  		  	YES
	 Test plans are written by the Client?
	  		  	YES
	 Integration tests are fully processed and coordinated by the Client and the Business Unit? (YES|NO)
	  		  	YES
	 User tests are fully processed and coordinated by the Client and the Business Unit?
	  		  	YES
	 Additional Computer System Validation (CSV) necessary?
	  		  	NO
	 Number of connected Movianto countries
	  		  	1

  

					
	Interfaces:	  	 Active
	  	 
	 Delivery
	  		  	0
	 Despatch
	  	X	  	1
	 Invoice
	  	X	  	1
	 ASN
	  		  	0
	 Goods Receipt
	  	X	  	1
	 Stock Level
	  	X	  	1
	 Batch Release (Batch Status Change)
	  		  	0
	 Business Partner Master
	  		  	0
	 Article Master
	  		  	0

  
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	 Returns
	  	X	  	1
		  		  	5

  

							
	Remarks:	 		 		  	 The effort was increased, because CTI wants to have XML and csv files for all interfaces

 
 Also additional effort to create requested pdf files for the financial reports in
NL

  

											
	 Summarization effort
	  	 	  	 	 	 	 	 
	 	  	Effort (MD)	  	Daily	 	 	Costs	 
	 Development and testing Prince
	  	26	  	 	**	  	 	 	**	  
	 Project Management Prince
	  	2	  	 	**	  	 	 	**	  
	 Computer System Validation Prince
	  	0	  				 	 	—  	€ 
	 Effort Movianto Prince
	  	28	  	 	Sum	  	 	 	**	  
				
	 	  	Units	  	 	 	 	 	 
	 Movianto Prince Product fee
	  	0	  				 	 	—  	€ 
	 Effort Business Units
	  	**	  				 	 	—  	€ 
	 Effort Movianto Prince and BU
	  	**	  				 			
	 Safety margin
	  	0	  	 	0	% 	 			

 Remarks: 
  

									
	 Costs in total
	  		  		  	**        	  	

 APPENDIX 3: 
 PHYSICAL DISTRIBUTION 
 CONDITIONS 

Filed with the District Court in Amsterdam 
 on September 1st, 2000. 
 Registered under number 177/2000 

Filed with the District Court in Rotterdam 

  
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 on September 1st, 2000. 

Registered under number 116/2000 

Physical distribution Articles 
  

					
	Article	  	1.	  	Definitions
		  	2.	  	Scope of Action
		  	3.	  	Employees and Independent Contractors
		  	4.	  	The Physical Distributor’s Obligations
		  	5.	  	Consequences in the Case of Non-Compliance of Obligations of the Physical Distributor
		  	6.	  	Obligations of the Principal
		  	7.	  	Consequences of Principal’s Non-Compliance with His Obligations
		  	8.	  	Liability of the Physical Distributor
		  	9.	  	The Principal’s Liability
		  	10.	  	Claims Lapse and Expiry
		  	11.	  	Terms of Payment
		  	12.	  	Securities
		  	13.	  	Competent Judge
		  	14.	  	Recommended Quotation Title

  
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 PHYSICAL DISTRIBUTION 

CONDITIONS 

(PD-Conditions) 
  

	ARTICLE 1	DEFINITIONS 

 These conditions use
principal terms which are defined as follows: 
  

	1.	Physical Distribution 

All operations such as transport, freight forwarding, unloading, stocking, storage, discharge, loading, stock control, assembly,
processing of orders, preparation for dispatch for shipping, invoicing, information exchange and management with regard to goods, subject to agreement between principal and physical distributor. 

 

	2.	Physical Distribution Agreement 

 The agreement whereby the physical distributor undertakes for the principal the performance of physical distribution. 
  

	3.	Physical Distributor 

 The
provider of services who has entered into an agreement with the principal and has thus committed himself to performing physical distribution. 
  

	4.	PD-Conditions 

 The
Physical Distribution Conditions under discussion. 
  

	5.	Transportation Procedure 

The part of the implementation of the physical distribution agreement whereby goods are on board a vehicle of transport in order to be
transported by it. The procedure does not include loading and unloading from these vehicles of transport. 
  

	6.	Circumstances beyond control 

 Circumstances which could not have been avoided by a careful physical distributor and of which he could not have prevented the consequences. Fire, explosion and the consequences thereof shall always be
deemed to be caused by circumstances beyond control. 
  

	7.	Acceptance of goods 

 The
point in time at which the goods have been physically handed over into the care of the physical distributor in order to perform the agreed work. 
  

	8.	Delivery 

 The actual time
when the goods are placed at the principal’s or at the disposal of the person entitled to the goods, after the agreed work has been performed. 
  

	9.	Carrier’s liability 

The liability resulting from contracts, statutory regulations and the conditions under discussion, applicable to (transnational) transport
by road, rail, on (inland) waterways, by sea or combined transport. If and insofar as the above contracts, laws and statutory regulations and conditions omit certain liabilities, the PD-Conditions under discussion apply. 

  
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	10.	Freight forwarding 

Entering into one or more transportation agreements with a carrier on behalf of the principal, or laying down a stipulation in such
(a) transportation agreement(s) on behalf of the principal. 
  

	11.	Stock Discrepancy 

 An
inexplicable discrepancy between the physical stock and the stock as it should be according to the stock records of the physical distributor and the principal. 
  

	12.	Working Days 

 All
calendar days, with the exception of Saturdays, Sundays, and generally acknowledged Christian and public holidays. 
  

	ARTICLE 2	SCOPE OF ACTION 

 General

  

	1.	The PD-Conditions govern all offers made, agreements entered into by the physical distributor, and the legal and actual actions undertaken for implementation of certain
activities, in as far as the PD-Conditions are not contrary to compulsory law. 

  

	2.	Deviations from these conditions are only valid if and insofar as they were specifically agreed between both parties. 

 

	3.	Unless explicitly agreed otherwise, the applicability of conditions stipulated by the principal is precluded. 

 

	4.	If the principal and the physical distributor have agreed to exchange data electronically, these conditions and also the General Conditions for Electronic Communication
(Algemene Voorwaarden voor Elektronisch Berichtenverkeer), latest version, as filed with the District Courts in Amsterdam and Rotterdam by the Transport Foundation Address, are applicable. 

Transport 
  

	5.	Besides Treaties, Conventions, Laws and statutory regulations applicable to the various transportation modalities, the following rules apply to the various types of
transportation indicated, taking the above into account: 

  

	 	•	 	 National transport by road 

 The General Transportation Conditions 1983 (Algemene Vervoer Condities) 
  

	 	•	 	 Transport by rail 

 The stipulations of the transportation document 
  

	 	•	 	 Transport on inland waterways 

 The ‘Bevrachtingsvoorwaarden’ 1991, filed with the District Courts in Amsterdam and Rotterdam, latest version filed 

 

	 	•	 	 Transport by air 

 The standard IATA Transportation Conditions, as stated on the reverse of the standard IATA air bill, as well as the conditions referred to on the reverse 

 

	 	•	 	 Combined transport 

 For each part of the transport the rules of law applicable to that specific part, as well as art. 8.40 up to and including 8:52 Civil Code. 

  
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 Freight forwarding 

 

	6.	Should the physical distributor undertake freight forwarding, articles 60 up to and including 73 of Book 8 of the Civil Code are applicable, as are the Dutch Freight
Forwarding Conditions, as filed with the District Courts in Amsterdam, Arnhem, Breda and Rotterdam on 2 March, 1992, of the latest version filed. 

  

	ARTICLE 3	EMPLOYEES AND INDEPENDENT CONTRACTORS 

  

	1.	The physical distributor is entitled to deploy independent contractors when implementing the agreement. The physical distributor is responsible for actions undertaken
and any negligence caused by the independent contractors during the performance of work for which they have been deployed by the physical distributor, in the same way as he is responsible for his own employees. 

 

	2.	It is, however, explicitly stipulated that the physical distributor shall not be liable for any damage, caused intentionally of by implied gross negligence on the part
of his employees or independent contractors. 

  

	3.	If the above employees or independent contractors are held liable with respect to the work for which they were deployed by the physical distributor which does not fall
within the scope of the agreement, it is stipulated on their behalf that they can refer to all stipulations on exclusion or limitation of liability as incorporated in the conditions under discussion. 

 

	4.	Any legal action with regard to liability, irrespective of the reasons, can only be taken by the principal within the scope of the agreement entered into with the
physical distributor. 

  

	ARTICLE 4	THE PHYSICAL DISTRIBUTOR’S OBLIGATIONS 

 The physical distributor is obliged to: 
  

	1.	Accept the agreed goods in the specified place, time and manner, accompanied by a transportation document and other documents issued by the principal.

  

	2.	Bear responsibility for loading and unloading of the goods. 

  

	3.	Ensure that storage and handling of goods take place in explicitly agreed locations. 

 

	4.	Take all necessary measures at the principal’s expense with respect to the goods, including those not resulting directly from the physical distribution, and prior
to proceeding further with the actions, and where possible consulting the principal. 

  

	5.	Insure against his liability resulting from the PD-agreement upon the principal’s request. 

 

	6.	Insure the goods, also stating the coverage required, upon written request from the principal and on behalf of both parties, whereby the right of recovery is withheld,
and to provide the principal with a copy of the policy or a copy of an insurance certificate. 

  
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	7.	Admit the principal and persons designated by him to the storage locations of the goods, if: 

 

	 	•	 	 The above takes place in the presence of the physical distributor or any person designated by him, and if informed of this intent in advance.

  

	 	•	 	 The above is in accordance with the house rules of the physical distributor. 

 

	8.	Perform additional work at rates agreed in consultation with the principal. 

 

	9.	Request instructions from the principal prior to taking delivery of goods which are visibly damaged. Should it not be possible to obtain instructions in time, the
physical distributor is entitled to refuse to accept delivery of the damaged goods. 

  

	10.	Take responsibility for the materials deployed by him in implementing the physical distribution agreement. 

 

	11.	Deliver goods in the condition in which they were received, of in the condition mutually agreed. 

 

	12.	Observe confidentiality towards third parties with respect to facts and data known to him on the basis of the physical distribution agreement. 

ARTICLE 5 CONSEQUENCES IN THE CASE OF NON-COMPLIANCE OF OBLIGATIONS OF THE PHYSICAL DISTRIBUTOR 

 

	1.	If the physical distributor does not meet his obligations as stated in article 4, paragraphs 4, 5, 6, 7 and 8, the principal is entitled to terminate the physical
distribution agreement, without losing his entitlement to payment for damages to the goods, after setting a deadline for the physical distributor in writing, and if after expiry of that date the physical distributor has failed to meet his
obligations. If the length of the period has not specifically been stipulated in the PD-agreement, a period of thirty calendar days applies. 

  

	2.	If the physical distributor has not met his obligations as stated in article 4, paragraph 11, article 8 is applicable. 

 

	3.	The principal, respectively the recipient of the goods, should inform the physical distributor immediately in writing of any visible damage at the time of delivery;
damage that is not immediately visible, should be reported in writing to the physical distributor as soon as possible, no later than 7 days after delivery. 

 

	4.	If the physical distributor does not meet his obligations as stated in article 4, paragraph 9, on request of the principal, the damaged goods will be returned to the
sender at the expense of the physical distributor. 

  

	ARTICLE 6	OBLIGATIONS OF THE PRINCIPAL 

 The
principal is obliged to: 
  

	1.	Provide the physical distributor on time with all the relevant information on the goods or the handling thereof, unless he may reasonably assume that the physical
distributor already possesses this information of should possess this information. The principal guarantees that the information provided by him is correct. 

  
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	2.	Place the relevant goods in the specified place, time and manner at the disposal of the physical distributor, accompanied by the corresponding documents and/or
documentation and all other forms required by law. 

  

	3.	Reimburse any additional expenses incurred by the physical distributor for additional work and/or deviating circumstances, which do not fall within the scope of the
agreed rate for the physical distribution. 

  

	4.	Indemnify the physical distributor upon his first request against claims instituted by third parties which do not fall within the scope of the agreement for damages of
financial disadvantages, related in any way with the implementation of the PD-agreement by the physical distributor himself, his employees of independent contractors. 

 

	5.	Be responsible for the goods and materials placed at the physical distributor’s disposal. 

 

	6.	On termination of the physical distribution agreement, to take delivery of those goods still in the possession of the physical distributor no later than the last
working day of the agreement, after payment of all outstanding amounts of future dues. For the amounts outstanding after termination of the physical distribution agreement, the principal may limit himself to providing sufficient security.

  

	7.	Observe confidentiality towards third parties with regard to facts and data known to him due to the Physical Distribution agreement. 

ARTICLE 7 CONSEQUENCES OF PRINCIPAL’S NON-COMPLIANCE WITH HIS OBLIGATIONS 

 

	1.	If the principal does not meet his obligations as stated in article 6, the physical distributor is entitled to terminate the agreement of physical distribution, without
losing the right to payment of damages suffered, provided he has notified the principal in writing of his obligations and receives no reaction on expiry of the deadline set. If the exploitation of his enterprise is disturbed incommen-surately by
setting the deadline, the physical distributor may also proceed to terminate the agreement, without observing the deadline. 

 Termination is executed by written notification and the agreement for physical distribution is terminated on receipt of this notification. 

 

	2.	If the principal does not meet his obligations, as stated in article 6, paragraph 6, article 17 General Transportation Conditions (AVC) is applicable.

  

	ARTICLE 8	LIABILITY OF THE PHYSICAL DISTRIBUTOR 

  

	1.	Transportation procedure. The physical distributor accepts carrier liability for damages incurred to goods entrusted to him during the transportation
procedure, even if he subcontracts the transportation to others. The above is valid unless the physical distributor has explicitly and previously expressed that he is not acting as a carrier with regard to the transport procedures, but as a
forwarding agent: in that case his liability is governed by articles 8:60 up to and including 8:73 Civil Code, and by the Dutch Shipping and Forwarding Conditions. 

 

	2.	 Damage to goods, not incurred during transport. The physical distributor is liable for damages incurred to and loss of goods entrusted to
his care from the moment of 

  
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receipt until delivery, unless he can prove circumstances beyond his control as stated in article 1, paragraph 5. 

 

	3.	Consequential damage. The physical distributor is only liable for damage to or loss of the goods entrusted to his care, and therefor not for immaterial
damage, or lost profits, consequential damage, irrespective of how incurred, including damage due to delay and damage based on advice offered by the physical distributor. 

 

	4.	Open-Air Storage. The physical distributor is not liable for damage to goods, insofar as the damage is a result of special risks connected with open-air
storage requested by the principal. 

  

	5.	Limitation of Liability. Excluding his own wilful misconduct of gross negligence, the physical distributor is under no circumstances liable for an amount
exceeding Dfl 250,000 for one incident or a series of incidents due to the same cause. Provided that damage, devaluation of loss of goods falling within the scope of the order is involved, the liability is limited to Dfl 7.50 per kilogram of
damaged of lost weight, with a maximum of Dfl 250,000. 

  

	6.	Discrepancies in Stock. Possible stock discrepancies should become evident from stock taking, which should be performed at least once a calendar year, either at the end
of the year, or at the termination of the agreement. Possible deficits and surpluses are balanced against each other. 

 In the case of discrepancies in stock the physical distributor can only be held liable, if the deficits (shortages) exceed possible surpluses by a number of units, kilograms or litres, which is greater
than one per cent of the total of goods handled by the physical distributor on an annual basis, which is the subject of the physical distribution agreement. 
 Needless to say it is explicitly agreed that the conditions under discussion also govern the physical distributor’s liability concerning discrepancies in stock, including the limits of liability as
stated in article 8, paragraph 5. 
  

	ARTICLE 9	THE PRINCIPAL’S LIABILITY 

  

	 	1.	The principal is liable for all damages incurred by means of or connected with the goods entrusted to the physical distributor, e.g. the type of packaging thereof, such
as damage connected with hazardous goods. 

  

	 	2.	The principal is liable for damages caused by persons permitted to the physical distributor’s premises on the principal’s authorisation.

  

	 	3.	The principal is also liable for all expenses, damages, safe-guarding interests, fines, penalties and all impoundment’s, including damages incurred through either
failing to clear customs documents, or failing to clear these on time, including circumstances where the clearing of the documents was impaired or delayed by submission of the goods with inappropriate documentation, of which are the result of, or
are in any way related to damage for which the physical distributor cannot be held liable. 

  

	ARTICLE 10	CLAIMS LAPSE AND EXPIRY 

  

	 	1.	Any claim made against the physical distributor, among which claims on account of reimbursement, lapses after a period of twelve months, and expires after a period of
eighteen months. 

  
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	2.	The lapse or expiry begins from the date following that on which the goods were delivered or should have been delivered, or for lack of such a date, on the date
following the date that the claim originated. 

 In any case the lapse or expiry begins on the date following the
date on which the agreement between the parties is terminated. 
  

	ARTICLE 11	TERMS OF PAYMENT 

  

	1.	All amounts owed to the physical distributor by the principal, irrespective of the basis, should be paid, within a specified period of in the absence of an agreed
period, within fourteen days after date of invoice. 

  

	2.	If the principal should fail to pay an amount owed within the specified period of in the absence of a specified period within fourteen days after the date of invoice,
he is obliged to pay an interest of 4% on an annual basis above the discount rate for promissory notes of the ‘Nederlandsche Bank’, beginning on the date that these payments were due up to and including the date of payment.

  

	3.	The physical distributor is entitled to bill the principal for any necessary extrajudicial and judicial expenses incurred for the collection of debts, as stated in
paragraph 1. The extrajudicial costs are owed from the moment that the principal, after having been declared in default according to article 6:82 Civil Code, and a third party has been assigned to collect the debts. 

 

	4.	An appeal for debt settlement (compensation) concerning requests for payment resulting from the physical distribution agreement, or other payment requests for other
goods related costs cannot be permitted. 

  

	5.	In any case all amounts as stated in paragraph 1 of this article will be claimable immediately and, deviating from article 11 paragraph 4, will be eligible for
compensation if: 

  

	 	a)	The principal’s petition for bankruptcy is being filed, the principal applies for a suspension of payment of loses free disposal of his assets in any way.

  

	 	b)	The principal: 

  

	 	1)	Offers his creditors a settlement. 

  

	 	2)	Is in default with meeting any obligation towards the physical distributor. 

 

	 	3)	Discontinues his business or, in the case of a corporate body of company, this is dissolved. 

 

	ARTICLE 12	SECURITIES 

  

	1.	The physical distributor has a right of retention against any claims for surrender of funds, goods and documents under his supervision with regard to the physical
distribution. 

  

	2.	With regard to the principal or the consignee the physical distributor is entitled to exercise his right of retention on what is due to him or will be owed to him by
the principal or consignee irrespective on which account. He may also exercise his right of retention for goods for which reimbursement is due. 

  
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	3.	The physical distributor may also exercise his right of retention as stated in paragraph 2 on outstanding payments due to him by the principal with regard to previous
agreements for physical distribution. 

  

	4.	The physical distributor may also exercise his right of retention on a commission entitlement with regard to reimbursement, for which he does not need to accept a
security. 

  

	5.	If a disagreement arises concerning the amount payable, or if a recalculation, which cannot take place immediately, is necessary to determine the final amount, the
party demanding delivery is obliged to pay the amount mutually agreed and to offer security for the payment of the disputed amount or which is yet to be determined. 

 

	6.	On all goods, documents and funds which the physical distributor has or will have under his control for any reason and destination, a right of lien is established as
stated in article 3:236 Civil Code for all claims against the principal or the owner. 

  

	7.	The sale of any collateral takes place in accordance with the law or privately, if an agreement on this issue was reached. 

 

	8.	The authority to sell as stated in the above paragraph implies that the goods in his possession may be sold at the expense of the principal in accordance with articles
249 ff. Civil Code and to pay himself all amounts owed by the principal from the proceeds, this applies if the principal fails to settle the amounts, owed by him to the physical distributor, of if the principal has given the physical distributor
good reason to anticipate that the payment obligations will not be met. 

  

	9.	The physical distributor may, if so requested, have the mortgaged goods replaced with another equivalent security based solely on his own judgement.

  

	ARTICLE 13	COMPETENT JUDGE 

  

	1.	All agreements under the physical distribution conditions are subject to Dutch law. 

 

	2.	All disputes arising from or in connection with the agreement are subject to arbitration in Amsterdam or Rotterdam, in accordance with the TAMARA regulations
(obtainable from the Chambers of Commerce in Amsterdam and Rotterdam, and the TAMARA Foundation, P.O. Box 4222, 3006 AE Rotterdam). 

  

	3.	Notwithstanding the stipulations made in this article in paragraph 2, the physical distributor is entitled to present claims with regard to outstanding amounts not
disputed in writing by the principal within four weeks after expiry date of the invoice(s), to an ordinary judge in Amsterdam, whose exclusive authority with the exception of lodging an appeal, is herewith explicitly agreed by the parties.

  

	ARTICLE 14	RECOMMENDED QUOTATION TITLE 

 The
conditions under discussion may be quoted as the ‘Physical Distribution Conditions 1996’ and were deposited with the District Courts in Amsterdam and Rotterdam on 1 February, 1996. 

  
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 In the case of differences between the Dutch text and translations into any
other language, the Dutch text prevails. 

  
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 APPENDIX 4: 

Algemene Vervoercondities 2002 (AVC 2002) 
 General Conditions Of Transport 2002 
 Article 1 Definitions 

In these conditions: 
 1. ‘Contract of
carriage’ means the contract by which the carrier commits himself opposite the sender to carry goods by road. 
 2. ‘Sender’
means the contractual opposite party of the carrier. Mentioning a sender in the consignment note does not automatically mean that the sender so mentioned is the contractual opposite party of the carrier. 

3. ‘Consignee’ means the person who by virtue of the contract of carriage has right, opposite the carrier, to delivery of the goods.

 4. The ‘consignment note’ means the document drawn up in three original copies, one of which (evidence of receipt) is destined to
the sender, the second one of which (evidence of delivery) is destined to the carrier, and the third one of which is destined to the consignee. 

5. ‘Assisting servants and agents’ means employees of the carrier as well as persons whose services the carrier uses for the completion of the
contract of carriage. 
 6. ‘Force major’ means circumstances in so far as a diligent carrier has been unable to avoid and in so far
as such a carrier has been unable to prevent the consequences thereof. 
 7. ‘Damage caused by delay’ means damage to property/capital
arising from delay in delivering goods. 
 8. ‘Written’ or ‘in writing’ means what it says or by electronic means.

 9. ‘BW’ means Burgerlijk Wetboek (Dutch Civil Code). 
 10. ‘CMR’ means Convention on the Contract for the International Carriage of Goods by Road (CMR) (Geneva, 19 May 1956), as supplemented by the 1978 Protocol. 

11. ‘Algemene Veerboot- en Beurtvaartcondities’ means the same (in translation: General Ferry Service and Barge Service Conditions), latest
version, as deposited by sVa / Stichting Vervoeradres at the registry (griffie) of the district court of justice (arrondissementsrechtbank) at Amsterdam and at Rotterdam. 
 12. ‘Algemene Opslagvoorwaarden’ means the same (in translation: General Storage Conditions), latest version, as deposited by sVa / Stichting Vervoeradres at the registry (griffie) of the
district court of justice (arrondissementsrechtbank) at Amsterdam and at Rotterdam. 
 13. ‘Stack-on transport’ means carriage of
goods by means of a vehicle (most often, but not necessarily always a lorry), which in turn is carried in or on some other vehicle or transport means (such as often a ship or a railway car). For best understanding the technique, the reader is
referred to art. 2 CMR. 
 Article 2 Electronic messages 
 1. If data, including those relating to the consignment note, are exchanged electronically, parties shall not dispute the admissibility of electronic messages as evidence in the event of a mutual
conflict. 
 2. Electronic messages have the same force of evidence as written paper ones, unless such messages have not been saved and recorded
in the format as agreed between the parties and at the agreed security level and in the agreed manner. 
 Article 3 Scope of application

 The Algemene Vervoercondities apply to the contract of carriage of goods by road; if CMR applies, then the Algemene Vervoercondities apply
supplementarily where CMR is silent. 
 Article 4 Obligations of the sender; notice of termination of the contract of carriage

  
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 1. The sender is obliged: 

(a) concerning the goods and the treatment of same, timely to supply to the carrier all data and information as he is able to or ought to be able to, and
of which he knows or ought to know that such data and information are important to the carrier, unless he may assume that the carrier knows them; 
 (b) to make the contract goods available to the carrier at the agreed location and time and in the agreed manner, accompanied by the consigment note as required by article 5 and by any further documents
as required by law from the sender; 
 (c) to address clearly and adequately each package to be carried and, in so far as reasonably
practicable, to affix or append the required information and address to the package or its packaging in such manner that under normal circumstances it will retain its legibility until the end of the carriage. The sender may agree in writing with the
carrier that addresses on the packages are substituted by a mark showing figures, letters or other symbols; 
 (d) to mention in the consignment
note the total weight of the goods to be carried; 
 (e) to load and to stow the goods as agreed in or on the vehicle, and to have them
unloaded, unless parties agree otherwise, or unless some other obligations follow from the nature of the intended carriage, considering the goods to be carried and the vehicle as made available. 

2. The sender is not allowed to back out of his obligations mentioned in para 1 a, b, c, and d for whatever circumstance he may invoke and the sender is
obliged to compensate the carrier for the damage arising from the non-compliance with the obligations mentioned. 
 3. Notwithstanding para 2
here before the carrier may give notice of termination of the contract without preceding summons to comply, if the sender did not fulfil his obligations mentioned in para 1 a and b; however the carrier may do so only after putting the sender in
writing under an ultimate deadline and if the sender has not yet fulfilled his obligation by the expiry of that deadline. If by putting such a deadline the course of operation of the business of the carrier would be unreasonably disturbed, then the
carrier may terminate the contract without granting a deadline as mentioned. The sender may likewise terminate the contract, if he did not fulfil his obligation as mentioned in para 1 b. Termination is effected by written notice and takes effect on
the moment of receipt of same. After termination the sender is indebted to the carrier for 75 percent of the agreed freight without being held liable for further compensation. If no freight has been agreed, the applicable freight will be as per the
law, respectively as per custom, respectively in fairness. 
 4. The carrier may also give notice of termination of the contract, in case of
defective loading or stowing or in case of overcharging, but not until the sender has been put in the position to undo the defect or the overcharging. If the sender refuses to undo the defective loading and/or stowing or the overcharging, the
carrier may either give notice of termination of the contract, or undo himself the defects and/or the overcharging; in both cases the sender is obliged to pay the carrier an amount of € 500,—, unless the carrier proves that the damages so
suffered are in excess of that amount; para 3 does not apply. 
 5. The sender must repay to the carrier any fine imposed to him owing to
overcharging, unless the carrier has fallen short in fulfilling his obligations as in art.9 para 1 and 5 or the carrier has not given notice of termination of the contract of carriage on the ground of the previous paragraph, without prejudice to his
right to invoke mala fides of the sender. 
 6. Notwithstanding the other paragraphs of this article the sender must compensate to the carrier
for damage which he has suffered in so far as the damage has arisen from the circumstance that the carriage of the goods has been or will be prohibited or restricted by public authority; however, this liability does not obtain if the sender proves
that the carrier was or could have reasonably been aware of the prohibition or restriction at the time of the contract of carriage being concluded. 
 Article 5 The consignment note 

  
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 1. When making the goods available the sender is obliged to hand a
consignment note to the carrier which states that these AVC 2002 apply to the contract of carriage concluded. 
 2. The sender is obliged to
complete the consignment note entirely and conform to the truth and following directions for completion, and when making the goods available to the carrier he warrants the correctness and completeness of the data supplied by him. 

3. The carrier is obliged to clearly make himself known as carrier in the consignment note presented by the sender and to sign it and to hand it back to
the sender. If the carrier so requires, the sender is obliged to sign the consignment note. The signature may be printed or substituted by a stampprint or any other mark of the origin. 
 4. The consignment note may also be made out in the format of electronic messages in accordance with the format and security level as agreed between the parties and in accordance with the manner of
forwarding, saving and recording as agreed between the parties. 
 Article 6 Value of the consignment note as evidence 

1. When receiving the goods the carrier is obliged to check the correctness of the enumeration of the goods in the consignment note as well as the
apparent good condition of the goods and their packaging, and in case of deviation to make a note of that on the consignment note. The obligation does not obtain if in the judgement of the carrier this would delay the carriage considerably.

 2. The consignment note is prima facie evidence, subject to evidence to the contrary, of the conditions of the contract of carriage and the
parties to the contract of carriage, and of the receipt of the goods and their packaging in apparent good condition, and of the weight and number of the goods. If the carrier has no reasonable means to check the correctness of the entries meant in
para 1, then the consignment note is no evidence of the entries. 
 Article 7 Freight payment 

1. The sender is obliged to pay the freight and further costs which burden the goods at the moment of handing over the consignment note or of the goods
having been received by the carrier. 
 2. If freight payable at destination has been agreed, the consignee is obliged to pay the freight, the
costs due owing to other reasons relating to the carriage and further costs burdening the goods on delivery of the goods by the carrier; if the consignee did not pay these upon the first reminder, he and the sender are severally obliged to pay. If,
in case of a consignment on the condition freight payable at destination, the sender has mentioned in the consignment note that no delivery may be performed without payment of the freight, the costs due owing to other reasons relating to the
carriage and further costs burdening the goods, the carrier, if no payment is made, must ask the sender for further instructions which he is obliged to follow up, in so far as reasonably possible, against compensation of costs and damage and
possibly payment of a reasonable reward, unless these costs have arisen by his own fault. 
 3. The carrier has the right to charge all
inevitable extra-judicial and judicial expenses made to collect the freight and other amounts, as mentioned in para’s 1 and 2, to the one who is debtor of the freight and other costs. The extra-legal collection expenses are due as from the
moment when the debtor fails to pay and the claim has been referred to a third party for collection. 
 4. The freight, the costs due owing to
other reasons relating to the carriage and further costs burdening the goods are due also if the goods are not delivered at destination or only partly, damaged or delayed. 
 5. An appeal to set off claims to pay freight, costs due owing to other reasons relating to the carriage and further costs burdening the goods against claims on some other account is not permitted.

  
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 6. If the sender has not fulfilled his obligations mentioned in the present
article, then the carrier is entitled to suspend departure of the vehicle, and in this event the damage arising from it are considered as costs burdening the goods. 
 Article 8 Instructions of the sender 
 1. The sender is entitled to change the place where
the goods are made available, to designate himself or somebody else as consignee, to change a given indication of the consignee as well as to give orders concerning delivery or to change the place of delivery, if these instructions do not impede the
normal operation of the business of the carrier. 
 2. Instructions may given also after receipt of the goods by the carrier. 

3. The sender is obliged to compensate the carrier for the damage and costs caused by instructions being followed up. If the vehicle has moved to a place
which had not been agreed previously in consequence of the instructions given, then the sender is obliged, except for paying compensation for damage suffered and expenses made, also to pay a reasonable reward for this purpose. 

4. The right to give instructions is extinguished in proportion in which the consignee accepts the goods at the place of delivery or the consignee claims
compensation from the carrier because the latter does not deliver the goods. 
 Article 9 Obligations of the carrier 

1. The carrier is obliged to accept the goods agreed at the place and time and in the manner agreed as well as to communicate the loading capacity of the
vehicle to the sender, unless the sender is likely to be aware of this. 
 2. The carrier is obliged to deliver at destination the goods
received for carriage in the condition in which he has received them. 
 3. The carrier is obliged to deliver the goods received for carriage
within a reasonable time lapse; if a period of delivery has been agreed in writing delivery must be done within this period. 
 4. If the
carrier does not fulfill the obligation mentioned in para 1, the two parties may give notice of termination of the contract in respect of the goods not yet accepted by the carrier. However, the sender may do so only after having put the carrier
under a deadline in writing and the carrier has not fulfilled his obligation at the expiry of it. Notice of termination is given by a written communication to the other party and the contract terminates at the moment of receipt of the communication.
After termination the carrier is obliged to compensate the sender for the damage which he has suffered as a result of the termination. This compensation, however, cannot amount to more than twice the freight and the sender is due no freight.

 5. The carrier is obliged to check the loading, stowing and possible overcharging undertaken by or on behalf of the sender if and in so far
as circumstances permit to do so. If the carrier judges the loading and stowing to be defective, he is obliged, notwithstanding the stipulation in article 4 para 4, to make a remark of this in the consignment note. If he is not able or in the
position to fulfil his obligation to check, he may make a remark to the effect in the consignment note. 
 6. If delivery to house has been
agreed, the carrier must carry the goods at the door of the address mentioned in the consignment note or at the door of an address which in stead of the one in the consignment note the sender – in keeping with article 8 – has given.

 Article 10 Liability of the carrier 
 1. Except in case of force major the carrier is liable for damage to or loss of the goods and for damage owing to delay in delivery in so far as the carrier has not fulfilled the obligations mentioned in
article 9, para 2 and 3. 

  
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 2. For acts and omissions of his assisting agents and servants, the carrier
is liable in the way as for his own acts and omissions. 
 3. The carrier cannot relieve himself of his liability by invoking the defective
condition of the vehicle or of the equipment of which he makes use unless this has been made available to him by the sender, the consignee or the receiver. The notion equipment does not include a ship or a railcar in or on which is the vehicle.

 Article 11 Special risks 

Notwithstanding article 10, the carrier, who did not fulfil his obligations as in article 9 para 2 and 3, is – in spite of this – not liable for
the damage arising from this, in so far as the non-compliance is the result of the special risks bound to one or more of the following circumstances: 
 (a) the carriage of the goods in an open unsheathed vehicle, if this has been explicitly agreed and specified in the consignment note; 
 (b) absence of or defective condition of packing of the goods which considering their nature or the manner of carriage should have been sufficiently packed; 

(c) handling, loading, stowing or unloading of the goods by the sender, the consignee or persons acting for the account of the sender or the consignee;

 (d) the nature of certain commodities itself which owing to causes connected with this nature are exposed to total or partial loss or to
damage, particularly through spontaneous inflammation, explosion, melting, breakage, corrosion, decay, desiccation, leakage, normal reduction of quality or the action of moth or vermin; 
 (e) heat, cold, temperature variations or humidity of the air, but only if it has not been agreed that the carriage would be performed by means of a vehicle especially equipped to protect the goods from
the effects of such conditions; 
 (f) insufficiency or inadequacy of the addresses, figures, letters or marks of the packages; 

(g) the fact of carriage of a live animal. 

Article 12 Presumption of exonerating circumstances 
 1. If the carrier proves that, considering the circumstances of the case, the non-compliance with his obligations following article 9 para’s 2 and 3 may have been a consequence of one or more of the
special risks enumerated in article 11, it is presumed that the non-compliance was such a consequence indeed. However, the person who opposite the carrier is entitled to the goods may prove that this non-compliance was not wholly or partly caused by
one of these special risks. 
 2. The presumption mentioned here before does not apply in the event mentioned in article 11 (a), if there is an
abnormal shortage or an abnormally big loss of packages. 
 3. If, in accordance with what the parties had agreed, the carriage is performed by
means of a vehicle especially equipped to protect the goods from the effects of heat, cold, temperature variations or humidity of the air, the carrier may for the purpose of exoneration of his liability caused by this effects invoke the benefit of
article 11 (d) only if he proves that all measures had been taken, which he was obliged to take considering the circumstances, with respect to the choice, the maintenance, and the use of such equipment and that he acted in compliance with the
special instructions meant in the 5th paragraph. 
 4. The carrier may only invoke the benefit of article 11 (g), if he proves that all measures
had been taken which he was normally obliged to take, considering the circumstances and that he had acted in compliance with the special instructions meant in the 5th paragraph. 
 5. The special instructions meant in the 3rd and 4th paragraphs of this article must have been given to the carrier before the start of the carriage and must have been explicitly accepted by him and must
be specified in the consignment note if one has been issued for the carriage concerned. The single specification of them in the consignment note constitutes no evidence in this event. 
 Article 13 Compensation 

  
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 1. The compensation due by the carrier on the ground of non-compliance with
his obligation as in article 9 para 2 is limited to an amount of € 3.40 per kilogram; for other damage than that arising from loss of or damage to the goods, such as consequential damage, business stagnation or immaterial damage, the
carrier is not liable on the ground of the contract of carriage. 
 2. The number of kilograms as basis for the calculation of the amount
mentioned in para 1 is the weight of the damaged or not delivered object as specified in the consignment note. 
 3. If the carrier is liable
because he did not deliver within the reasonable period mentioned in article 9 para 3, the compensation for delay in delivery is limited to once the freight; if the period mentioned in article 9 para 3 has been agreed in writing, the compensation is
limited to twice the freight. 
 4. The expenses for expertise research, for salvage and other costs which have been spent to establish and
realise the value of the damaged or lost goods and of those delivered with delay are considered as diminishment of value. 
 5. If the carrier
is liable because of non-compliance with his obligation stemming from the articles 8:1115 para 2 and 8:118 para 3 BW, or the articles 6 para 1, 19 para 4, 21 or 25 of these conditions, a compensation due by the carrier on this account shall not
exceed the compensation which he would be due in case of total loss of the goods concerned. 
 Article 14 Intention to cause damage and
conscious recklessness 
 An act or an omission by whomever, except the carrier himself, done either with the intention to cause damage, or
recklessly and in awareness that this damage was likely to follow from it, does not deprive the carrier of his right of appealing to any exoneration or limitation of his liability. 
 Article 15 Notice of damage 
 1. If the goods are delivered by the carrier showing apparent
damage or shortage and the consignee does not, on receipt of the goods or immediately thereafter, communicate to the carrier a reservation in writing, specifying the general nature of the damage or the shortage, then the carrier is presumed to have
delivered the goods in the same condition as in which he has received them. 
 2. If the damage or the shortage are not apparent and the
consignee has not, within one week after acceptance of the goods, communicated to the carrier a reservation in writing, specifying the general nature of the damage or the shortage, then the carrier is likewise presumed to have delivered the goods in
the same condition as in which he has received them. 
 3. If the goods are not delivered within a reasonable or an agreed period and the
consignee has not, within one week after acceptance of the goods, communicated to the carrier a reservation in writing, specifying that the goods have not been delivered within this period, then the carrier is presumed to have delivered the goods
within this period. 
 Article 16 Right to claim 
 Both the sender and the consignee have the right opposite the carrier of claiming delivery of the goods in accordance with the obligations of the carrier. 

Article 17 Cash on delivery (COD) 
 1.
Parties may agree that the goods will burdened by a COD amount which, however, shall not exceed the invoice value of the goods. In that case the carrier may deliver the goods only after preceding payment of the COD amount in cash, unless the sender
has authorised the carrier to accept some other form of payment. 
 2. If after notice of arrival the consignee does not appear to pay the COD
amount in accordance with the form of payment as prescribed by the sender to the carrier, then the carrier must ask the sender for further instructions. The costs connected with asking for 

  
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instructions are for account of the sender. The carrier must follow up the instructions given to him, in so far as this is reasonably possible, against compensation of costs and possibly a
reasonable reward, unless these costs have arisen from his fault. If the sender gives instructions to the effect that delivery must be undertaken in devotion of previously given instructions relating to payment, then the former ones must be given in
writing to the carrier. In absence of instructions the stipulations of article 21 apply in similar manner. 
 3. The carrier is obliged after
delivery of a COD consignment and transfer of the amount to him to remit the COD amount without delay but in any event within two weeks to the sender or to have it turned over to his bank or giro account. 

4. The period of two weeks mentioned in para 3 starts on the day of delivery of the goods. 
 5. The consignee who at the time of delivery knows that the goods are burdened by a COD amount is obliged to pay to the carrier the amount which the latter is due to the sender. 

6. If the goods have been delivered without the COD amount having been cashed in advance, the carrier is obliged to compensate the sender for the damage
to the maximum of the COD amount, unless he proves that there was no fault on his part or on the part of his employees. This obligation does not affect his right of recourse against the consignee. 

7. The COD fee due is for the account of the sender. 
 8. All claims against the carrier stemming from a COD condition are limited to one year, counting from the commencement of the day following the day when the goods were delivered or ought to have been
delivered. 
 Article 18 Reservations of the carrier 
 In application of the present conditions the carrier reserves the right: 
 (a) to carry the goods
by means of the vehicles which are appropriate in his judgement and to keep them if necessary in such vehicles, storage rooms or places as he thinks fit, irrespective of whether these vehicles, storage rooms of places belong to the carrier or third
parties; 
 (b) to have the free choice of the itinerary for carriage, and likewise to deviate from the customary itinerary. He is also entitled
to call on places as he thinks fit for the operation of his enterprise. 
 Article 19 Prevention after receipt 

1. If upon receipt of the goods by the carrier the carriage cannot reasonably or within a reasonable delay commence, continue or be completed, the carrier
is obliged to communicate this to the sender. Both carrier and sender have then the right to give notice of termination of the contract. 
 2.
Giving notice of termination shall be done by a communication in writing to the other party and the contract then terminates on the moment of receipt of this communication. 
 3. The carrier is not obliged to effect further carriage to the place of destination and is entitled to unload the goods and store those at a place fit for the purpose; the sender is entitled to take
possession of the goods. The expenses made with respect to the goods in connection with the termination are for account of the sender, under reservation of para 4. 
 4. Except for force major the carrier is obliged to compensate the sender for the damage which he has suffered as a result of the termination of the contract. 

Article 20 Stack-on transport, through transport 
 1. If part of the carriage, either or not after transhipment of the goods, is performed by inland waterways, the liability of the carrier for this part is defined by the articles 9 and 13 of the Algemene
Veerboot- en Beurtvaartcondities. 
 2. If, after delivery of the goods which he has carried, the carrier commits himself to have the goods
carried onwards, he does so as forwarder and his liability in this capacity is then limited to € 3.40 per kilogram of the goods damaged or lost; no further compensation for whatever damage shall be due. 

  
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 Article 21 Storage in case of the consignee not showing up 

1. If, after notice of arrival of the goods, the consignee does not show up, if he does not begin taking delivery of the goods, if he does not continue
regularly and with proper speed taking delivery of the goods, if he refuses to accept the goods or to sign for receipt, the carrier may store the goods for account and risk of the sender, respecting reasonable diligence, in a way and place of his
determination, if necessary also in the parked vehicle in which the goods were carried; the carrier is obliged to inform the sender. 
 2. While
respecting para 1, the carrier may also proceed to storage or parking, if establishing security as in article 23 para 5 is refused, or if a dispute arises over the amount or the nature of the security to be established. 

3. Except in case of seizure, the goods may be sold publicly or privately for account of the sender without need of any judicial permission, but only
after expiry of one week after a notice in writing by registered mail to the sender of the intention to sell. 
 4. The sale may be effected
without respect of any delay and without preceding notice if the goods are perishable or storage may be detrimental or give rise to damage or danger for the vicinity. If no preceding notice was given, the carrier is obliged to inform the sender of
the sale afterwards. 
 5. With regard to live stock the delay meant in para 3 amounts three days, subject to the right of the carrier to
proceed to the sale without respecting any delay and without preceding notice if the condition of the live stock so warrants. If no preceding notice was given, the carrier is obliged to inform the sender of the sale afterwards. 

6. The carrier keeps the revenue of the goods sold, after deduction of the amount of a possible COD and a fee due to the carrier in connection therewith
and of all which is due to the carrier in connection with the goods sold, as freight as well as the costs or storage and parking as other costs and damages, available to the sender during six months following the acceptance of the goods for
carriage, at the expiry of which delay he shall put the amount so kept available in judicial custody. 
 Article 22 Storage before, during
and after carriage 
 If sender and carrier agree that the carrier will store the goods before or during the carriage as agreed, or will do
so on completion of the carriage, such storage is effected under application of the Algemene Opslagvoorwaarden, pursuant to which sender and carrier are respectively considered the person who gives (something) into custody and the custodian.

 Article 23 Right of lien 
 1.
The carrier has a right of lien on goods and documents in his possession in connection with the contract of carriage against any person who demands delivery of same. This right does not fall to him if, at the moment of receipt of the goods for
carriage, he had reason to doubt the right of the sender to make the goods available for carriage to him. 
 2. The right of lien applies
likewise to what burdens the goods by way of COD as well as to the COD fee to which he is entitled, in regard to which he is not obliged to accept security. 
 3. The carriage may also exercise the right of lien against the sender for reason of what is yet due to him in connection with previous contracts of carriage. 

4. Likewise, the carrier may exercise the right of lien against the consignee who in this capacity became a party to previous contracts of carriage for
reason of what is yet due to him in connection with these contracts. 
 5. If when settling the invoice a dispute arises over the amount due or
if there is need for a calculation to be made for the determination of what is due that cannot be made quickly, then the one who demands delivery is obliged to pay forthwith the part which the parties agree is due and to put up security for the part
in dispute or the amount of which has not yet been fixed. 

  
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 Article 24 Right of pawn 

1. All the goods, documents and currency values in possession of the carrier in connection with the contract of carriage serve him as pawn for all claims
which he has against the sender. 
 2. Except for the cases in which the sender is in a state of bankruptcy or in which he has been granted
suspension of payment or in which he has been declared subject to a debt reorganisation scheme for natural persons, the carrier has never the right to sell the objects in pawn without permission by the court of justice in accordance with art.3:248
para 2 BW. 
 Article 25 Lost goods 
 If the goods have not been delivered within thirty days from the day when they were accepted for carriage and if it is not known where they are, the goods will be considered as lost. If, within one year
after the carrier has paid compensation for non-delivery of the goods to the person who was entitled to delivery of same, these goods or some of them appear to be (again) in possession of the carrier, the latter is obliged to communicate in writing
this circumstance to the sender or the consignee, whichever has expressed the wish to this effect in writing, and then the sender respectively the consignee has the right during thirty days from receipt of such communication to demand as yet
delivery of these goods against reimbursement of the compensation he has received. The same applies if the carrier has paid no compensation for non-delivery, subject however to the period of one year to start from the day after the one when the
goods ought to have been delivered. If the sender or the consignee respectively does not avail himself of this right, article 21 applies. 

Article 26 Safeguarding; Himalaya clause 

1. The sender who has failed to meet whatever obligation which the law or these conditions impose on him is obliged to safeguard the carrier against all
damages which he might suffer as a result of this non-compliance when he is held liable by a third party on account of the carriage of the goods. 
 2. When assisting servants and agents of the carrier are held liable on account of the carriage of the goods, these persons may invoke each liability limitation and/or exoneration which the carrier can
invoke on the basis of these conditions or any other legal or contractual rule. 
 Article 27 Interest for delay 

Parties are due legal interest according to art. 6:119 BW on an amount due. 
 Article 28 Limitation 
 1. All judicial claims based on or related to the contract of
carriage are limited to one year. 
 2. In so far as a carrier seeks recourse against a person whose services the carrier has used in completing
the contract of carriage to recoup what the carrier is due to the sender or the consignee a new limitation period of three months begins from the moment as stipulated in art. 8:1720 para 1 BW. 

Article 29 Arbitration 
 All disputes
arising between the parties in connection with the present contract of carriage may be solved in accordance with the Reglement of the Stichting Arbitrage voor Logistiek (rules of the foundation arbitration in logistics), domiciling at The Hague, the
Netherlands. 

  
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 APPENDIX 5: 

TRANSPORT EN LOGISTIEK NEDERLAND 
 GENERAL CONDITIONS OF PAYMENT 
 Concerning payments of transport, storage and other
logistic activities, entrusted to the carrier, as filed with the registry of the district court (Arrondissementsrechtbank) of The Hague on 1 October 1993, filenumber 238. 

 

	ARTICLE 1	PAYMENT 

  

	1.	Carriage rate and further costs that affect the price of the goods are payable at the moment when the sender / consignor either hands out the consignment note to the
carrier or at the moment when the carrier accepts the contract of carriage. 

  

	2.	If the goods are consigned ‘carriage forward’, the consignee has to pay the carriage rate and the costs, which are due for other reasons with regard to the
transport as well as further costs that affect the price of the goods, at the moment of delivery; in the event the consignee has not paid these costs at first demand the sender / consignor remains severally liable for payment.

  

	3.	If the carrier – except in such cases where the goods are consigned ‘carriage forward’ at the request of the sender / consignor charges the consignee or
a third party with the carriage rate and the costs, which are due for other reasons with regard to the transport as well as further costs that affect the price of the goods in relation to the executed transport, the sender / consignor remains
chargeable for payment of these costs, if the consignee or third party has not paid the costs at first demand. 

  

	4.	If the carrier sends an invoice, the debtor is obliged to pay the carriage rate within fourteen days after date of invoice. 

 

	5.	Invoices are considered as being accepted and found in order by the debtor, when the carrier has not received a written complaint within 8 days after date of invoice.

  

	6.	If the debtor is in default, the carrier is entitled to the legal interest as well as all amounts overdue to him. 

 

	7.	Possible payments will first be deducted from the legal interest and then from the other amounts overdue to him. 

 

	ARTICLE 2	COMPENSATION 

 The sender / consignor
shall not compensate costs, which the carrier charges him by virtue of any contract concluded with him, unless the carrier has consented to the claim in writing. 
  

	ARTICLE 3	COLLECTION 

  

	1.	In default of payment by the debtor the carrier can proceed to collection of all necessary judicial and extra judicial costs. Extra judicial costs, with a minimum of
15% of the amounts overdue, are chargeable from the moment the debtor is in default and the claim has been passed on. 

  

	2.	As for the extent of the extra judicial costs, the expenses of the lawyer, bailiff or collecting agency in charge are regarded as proof. 

ARTICLE 4 RETENTION LIENS 
  

	1.	 The carrier shall have a retention lien with regard to goods and documents which he holds in his possession in order to fulfil the contract against
anyone who demands their delivery. However, the carrier can not execute this lien against a third party, if he, at the 

  
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moment of collection of the goods, had doubts about the sender’s / consignor’s right towards this third party to present the goods for transport. 

 

	2.	The carrier shall have a retention lien against the sender / consignor or the consignee with regard to goods, money and documents for the charges which are or will
become payable to him as a result of the transport of the goods. 

  

	3.	The carrier shall also have the retention lien with regard to goods which are sent cash on delivery. 

 

	4.	The carrier shall have the retention lien, as defined under conditions 4.2. and 4.3. hereof as well with regard to goods that are in his charge in connection with
previous transports. 

  

	5.	As long as the goods have not reached their place of destination, the carrier is entitled to request from the sender / consignor that security be given for the carriage
and all claims which he has or will get at the expense of the sender / consignor, as well as the right to postpone the departure of the vehicle or to suspend a going transport until his request to give security has been granted.

  

	6.	The carrier shall not in any circumstance be liable for possible damage, occurring as a result of postponement or suspension as mentioned under condition 4.5. hereof.

  

	ARTICLE 5	RIGHT OF DISTRAINT 

  

	1.	All goods, documents and money the carrier has or will get as a result of whatever reason or for whatever means, can serve him as a right of distraint for all claims
which he has or will get at the expense of the sender / consignor. 

  

	2.	In case of non-settlement of the claim, the security can be sold in public or privately, prevailing consensus has been reached after the carrier has gained authority to
sell. 

  

	ARTICLE 6	REPLACING SECURITY / POSTPONEMENT OF PAYMENT 

  

	1.	Towards the carrier the debtor can never appeal to any postponement of payment, which he has been granted for previous deliveries either explicitly or inexplicitly and
which surpasses the term of 14 days. 

  

	2.	In case the sender / consignor or a third party, acting on behalf of the sender / consignor, pays an irrevocable bank guarantee, which has been accepted by the carrier
for claims mentioned under the conditions 4.5. (suspension) and article 5.1. (distraint) hereof, all carrier’s claims, arising from the conditions 4 (retention lien and suspension) and 5 (right of distraint) will expire.

  

	ARTICLE 7	CHANGE OF ADDRESS 

  

	1.	The sender / consignor is obliged to keep the carrier informed about the address, where he can be contacted. 

 

	2.	The carrier shall not in any circumstance be liable for any damage, resulting from the sender’s / consignor’s non-compliance with the obligation of article
7.1. 

 ARTICLE 8 

These general conditions can be quoted as “Transport en Logistiek Nederland general conditions of payment”. 

Transport en Logistiek Nederland 

Plein van de Verenigde Naties 15 
 2719
EG Zoetermeer 
 Postal address: 

  
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 P.O. Box 3008, 2700 KS Zoetermeer 

Transport en Logistiek Nederland likes to point out that this is a translation of the original text, as filed with the registry of the district court
(Arrondissementsrechtbank) of the Hague on 1 October 1993, filenumber 238. Only the original Dutch text is binding. 

  
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 APPENDIX 6: 

APPROVED SUBCONTRACTORS MOVIANTO 
  

					
	 Name and address of Sub-Contractor
	  	 Registered address
	  	Product/service
description
	Movianto Belgium NV	  	 Industrielaan 27

9320
 Aalst

Belgium
	  	Transport Supplier
			
	Movianto Transport Solutions Limited	  	 The Morewood Centre
 Wallis
Way
 Bedford
 MK42 0PE

United Kingdom
	  	Transport Supplier
			
	TNT Express Nederland B.V.	  	 Meidoornkade 14
 3992
AE
 Houten
 The
Netherlands
	  	Transport Supplier
			
	United Parcel Service Nederland BV	  	 Deccaweg 16
 1042
AD
 Amsterdam
 The
Netherlands
	  	Transport Supplier
			
	 C&J Credit Services
  

Credico Group
	  	 Molenaarsstraat 23

B-9000
 Gent

Belgium
	  	Credit Services
 iController

iBiller

  
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 APPENDIX 7: 

CLIENT CONTACT LIST 
  

									
	 TITLE
	  	 NAME
	  	 TELEPHONE

Office
	  	 TELEPHONE

(MOBILE)

Out of Office
	  	 EMAIL ADDRESS

					
	 VP Tech Dev., Manufacturing & Supply Chain
	  	Benir Ruano	  	+1 206 272 4485	  	+1 206 384 8104	  	bruano@ctiseattle.com
					
	 Sr. Supply Chain Planner
	  	Wahab Zemouri	  	+1 206 272 4476	  	+1 206 335 0585	  	wzemouri@ctiseattle.com
					
	 Emergency Number 24/7/65
	  		  	00 + 44 + 800-088-5356	  		  	

  
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 APPENDIX 8: 

MOVIANTO NEDERLAND CONTACT LIST 
  

									
	 TITLE
	  	 NAME
	  	 TELEPHONE

Office
	  	 TELEPHONE

Out of Office
	  	 EMAIL ADDRESS

	 Qualified Person
	  	Floris van Haselen	  	+31 412-406 433	  	mobile +31 612 140 307	  	floris.vanhaselen@movianto.com
	 Managing Director
	  	Patrick Esselaar	  	+31 412 406 420	  	mobile +31 654 977 407	  	patrick.esselaar@movianto.com
	 Operations Manager
	  	Mark Kleijn	  	+31 412 406 421	  	 home +31 486 464 335
 mobile
+31 646 346 455
	  	mark.kleijn@movianto.com
	 Finance Manager
	  	Dries Snaet	  	+32 9 242 89 63	  	mobile +32 479 29 34 60	  	dries.snaet@movianto.com
	 ICT Manager
	  	Pieter Aernoudt	  	+32 9 242 89 64	  	mobile +32 476 78 94 90	  	pieter.aernoudt@movianto.com
	 EMERGENCY NUMBER 24/7/365
	  	+31 412 406 429

  
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 APPENDIX 9: FUNCTIONAL SPECIFICATIONS 

Functional Specification (FS) 
 CTI Life Sciences Limited (CTILS) 
  

													
		 	Document #:	  	Form SOP_4	  		  	Creation Date:	  	03/08/2012	  	
		 	Revision #:	  	1.6	  		  	Supersedes:	  	1.5	  	

 Approval Signatures: 
  

							
	Author	  	 R. Selinka
 Movianto Prince
team
	  		  	
				
		  		  	Date	  	Signature
				
	Review	  	 C. Sieber
 Prince
team
	  	Date	  	Signature
				
	Approved	  	CTILS	  	Date	  	Signature

  
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 TABLE OF CONTENTS 

 

											
	1	 	 Introduction
	  	 	71	  
			
	2	 	 Overview
	  	 	71	  
			
	3	 	 Realization of User Requirements
	  	 	71	  
			
	4	 	 Functional Specifications
	  	 	72	  
		 	4.1	 	 Interfaces
	  	 	73	  
		 		 	4.1.1	  	 Report: AR detail aging
	  	 	73	  
		 		 	4.1.2	  	 Report: AR reconciliation trial balance
	  	 	73	  
		 		 	4.1.3	  	 Report: Cash receipt report
	  	 	74	  
		 		 	4.1.4	  	 Report: Credit note report
	  	 	75	  
		 		 	4.1.5	  	 Interface: Goods Receipt XML and CSV format
	  	 	75	  
		 		 	4.1.6	  	 Interface: Sales report (invoice) XML and CSV format
	  	 	76	  
		 		 	4.1.7	  	 Interface: Deliveries (Despatch Confirmation) XML and CSV format
	  	 	77	  
		 		 	4.1.8	  	 Interface: Inventory (Stock Level) XML and CSV format
	  	 	78	  
		 		 	4.1.9	  	 Interface: Inventory Returns XML and CSV format
	  	 	78	  
		 	4.2	 	 Infrastructure
	  	 	80	  
		 	4.3	 	 Organization
	  	 	80	  
		 	4.4	 	 Regulatory
	  	 	80	  
			
	5	 	 Glossary
	  	 	81	  
			
	6	 	 References
	  	 	81	  
			
	7	 	 Revision History
	  	 	81	  

  
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	1.	Introduction 

 CTI will
be a new client for the business in the Netherlands. 
  

	2.	Overview 

 N/A

  

	3.	Realization of User Requirements 

 The
requirements from CTI are described in the file: overview CTI reports.xls. 
 An overview is also provided: 

 

							
	 Report name
	  	 Type of report
	  	Data needed	  	 How will it be made available to
CTI?

	 AR Detail aging
	  	Financial	  	As specified in 4.1.1.1	  	Email
	 AR Reconciliation_Trial Balance
	  	Financial	  	As specified in 4.1.2.1	  	Email
	 Cash Receipt
	  	Financial	  	As specified in 4.1.3.1	  	Email
	 Credit note report
	  	Financial	  	As specified in 4.1.4.1	  	Email
	 Goods receipt
	  	Inventory	  	As specified in 4.1.5.1	  	Interface (XML/CSV) via sFTP
	 Sales Report (Invoice)
	  	Sales report	  	As specified in 4.1.6.1	  	Interface (XML/CSV) via sFTP
	 Deliveries (Despatch Confirmation)
	  	Inventory	  	As specified in 4.1.7.1	  	Interface (XML/CSV) via sFTP
	 Inventory (Stock level)
	  	Inventory	  	As specified in 4.1.8.1	  	Interface (XML/CSV) via sFTP
	 Inventory Returns
	  	Inventory	  	As specified in 4.1.9.1	  	Interface (XML/CSV) via sFTP

 Note: 

Customer database to be provided by a third party as agreed in writing by the parties. 

GoLive has to be in the week of the 10th of September 2012 
 XML files from October, 10th 2012 

  
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	4.	Functional Specifications 

Financial report files will be provided as “csv”-files, tagged delimited with a “;” (semicolon) and the appropriate
filename and sent out per mail (addresses provided by CTI). 
 All interface files will be sent as XML files, also with an
appropriate filename, send out via sFTP. 
 The “csv” files are needed for the GoLive date –
Sept 10th 2012. XML files are needed for
October 10th 2012. 

Only the financial reports (AR detail, AR reconciliation, Cash receipt, and Credit note) need to be emailed. The emailed financial
reports (AR detail, AR reconciliation, Cash receipt, and Credit note) need to be in both “csv” and PDF format. The delivery emails for the financial reports are: 
 Commercial@ctiseattle.com with SLeesman@ctiseattle.com as a backup. 

For an interim time (solution), we agreed that Movianto will send only csv-files (also for the interfaces) from Movianto via sFTP to CTI.

 For the interface files, we need both XML and “csv” formats to be delivered via sFTP. The delivery of the
“csv” files will not stop after the XML interface files are in place. 
 It might be the case that the XML files will
look different to the csv files send out during the interim time. 
 The timestamp is defined as follows: YYYYMMDDHHMMSSSS

 Example: 2012080609482321 
 This will be used to have a specific key for the file names. 

  
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	4.1	Interfaces 

  

	 	4.1.1	Report: AR detail aging 

Filename: ARdetail_YYYYMMDDHHMMSSSS.csv, ARdetail_YYYYMMDDHHMMSSSS.pdf 

Scheduled: Weekly, additionally on monthly basis on the first day of the next month. The monthly basis report should include only data
for the previous month. 
 Mail: Addresses will be provided by CTI 

 

	 	4.1.1.1	Outgoing data 

 Elements:

  

	 	•	 	 Customer name 

  

	 	•	 	 Business Area 

  

	 	•	 	 Customer Number 

  

	 	•	 	 Country 

  

	 	•	 	 Postal code 

  

	 	•	 	 City 

  

	 	•	 	 Street 

  

	 	•	 	 Currency 

  

	 	•	 	 Invoice number 

  

	 	•	 	 Invoice date 

  

	 	•	 	 Due date 

  

	 	•	 	 Terms of payment 

  

	 	•	 	 Total AR Outstanding 

  

	 	•	 	 AR Current 

  

	 	•	 	 001 - 030 OVERDUE 

  

	 	•	 	 031 - 060 OVERDUE 

  

	 	•	 	 061 - 090 OVERDUE 

  

	 	•	 	 091 - 180 OVERDUE 

  

	 	•	 	 181 - 360 OVERDUE 

  

	 	•	 	 361 - XX OVERDUE 

  

	 	•	 	 Total Overdue 

  

	 	•	 	 Customer % of Overdue 

  

	 	•	 	 Customer % of Total Outstanding 

  

	 	•	 	 DSO per invoice date 

  

	 	•	 	 Totals (AR Outstanding , AR Current, 001 - 030 OVERDUE, 031 - 060 OVERDUE, 061 - 090 OVERDUE, 091 - 180 OVERDUE, 181 - 360 OVERDUE, 361 - XX OVERDUE,
Customer % of Overdue, Customer % of Total Outstanding) 

 The report will be provided by the finance tool of Movianto NL and
will be sent via mail. 
  

	 	4.1.2	Report: AR reconciliation trial balance 

 Filename: ARrecon_YYYYMMDDHHMMSSSS.csv, ARrecon_YYYYMMDDHHMMSSSS.pdf 

  
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 Scheduled: Monthly on the first day of the next month. The
monthly basis report should include only data for the previous month. 
 Mail: Addresses will be provided by CTI 

 

	 	4.1.2.1	Outgoing data 

 Elements:

  

	 	•	 	 Account 

  

	 	•	 	 Accounting description 

  

	 	•	 	
BalCarFor-y                            
description: Balance for the year 

  

	 	•	 	
BalCarFor-m                           
description: Balance for the month 

  

	 	•	 	 Debit 

  

	 	•	 	 Credit 

  

	 	•	 	 Month balance 

  

	 	•	 	 Cum.
balance                         description: Cumulative balance 

 

	 	•	 	 Totals (Credit, Debit, Month balance, Cum. balance) 

 The report will be provided by the finance tool of Movianto NL and will be sent via mail 
  

	 	4.1.3	Report: Cash receipt report 

 Filename: Cash_YYYYMMDDHHMMSSSS.csv, Cash_YYYYMMDDHHMMSSSS.pdf 
 Scheduled:
Weekly, additionally on monthly basis on the first day of the next month. The monthly basis report should include only data for the previous month. 
 Mail: 
  

	 	4.1.3.1	Outgoing data 

 Elements:

  

	 	•	 	 Receipt Number 

  

	 	•	 	 Card Code 

  

	 	•	 	 Card Name 

  

	 	•	 	 Address 

  

	 	•	 	 Doc Date 

  

	 	•	 	 Invoice number 

  

	 	•	 	 Bank code 

  

	 	•	 	 Bank account 

  

	 	•	 	 Payment reference 

  

	 	•	 	 Amount 

  

	 	•	 	 Currency 

  

	 	•	 	 Totals (Amount) 

 The
report will be provided by the finance tool of Movianto NL and will be sent via mail. 

  
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	 	4.1.4	Report: Credit note report 

 Filename: CNR_YYYYMMDDHHMMSSSS.csv, CNR_YYYYMMDDHHMMSSSS.pdf 
 Scheduled: Weekly
additionally on monthly basis on the first day of the next month. The monthly basis report should include only data for the previous month. 
  

	 	4.1.4.1	Outgoing data 

 Elements:

  

	 	•	 	 Year 

  

	 	•	 	 Month 

  

	 	•	 	 Week 

  

	 	•	 	 Client code 

  

	 	•	 	 Client name 

  

	 	•	 	 Doc number 

  

	 	•	 	 Doc status 

  

	 	•	 	 Picking date 

  

	 	•	 	 Reference 

  

	 	•	 	 Interfaced 

  

	 	•	 	 Card Code 

  

	 	•	 	 Card Name 

  

	 	•	 	 StreetS 

  

	 	•	 	 Zip CodeS 

  

	 	•	 	 CountryS 

  

	 	•	 	 StreetB 

  

	 	•	 	 Zip CodeB 

  

	 	•	 	 CountryB 

  

	 	•	 	 Item Code 

  

	 	•	 	 Item Name 

  

	 	•	 	 Total records 

 The report
will be provided by the finance tool of Movianto NL and will be sent via mail 
  

	 	4.1.5	Interface: Goods Receipt XML and CSV format 

 Filename: GR_YYYYMMDDHHMMSSSS.xml, GR_YYYYMMDDHHMMSSSS.csv 
 Scheduled: Daily 11pm
CET 
  

	 	4.1.5.1	Outgoing data 

 Elements:

  

	 	•	 	 Year 

  

	 	•	 	 Month 

  

	 	•	 	 Day 

  

	 	•	 	 Client code 

  

	 	•	 	 Client name 

  

	 	•	 	 ASN number 

  
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	 	•	 	 Document date 

  

	 	•	 	 Item code (SKU) 

  

	 	•	 	 Item description 

  

	 	•	 	 Quantity (units) 

  

	 	•	 	 Quality Status (released (available), on hold (blocked), rejected, quarantine) 

 

	 	•	 	 Batch number 

  

	 	•	 	 Expiry date 

  

	 	•	 	 Warehouse code 

  

	 	•	 	 Total quantity (units) of all lines (footer section) 

 The data will be sent via the existing standard interface from NL to Prince. Prince will create the report and send the files to CTI using the established sFTP connection between Prince and CTI.

  

	 	4.1.6	Interface: Sales report (invoice) XML and CSV format 

 Filename: SALE_YYYYMMDDHHMMSSSS.xml, SALE_YYYYMMDDHHMMSSSS.csv 
 Scheduled: Daily
11pm CET 
  

	 	4.1.6.1	Outgoing data 

 Elements:

  

	 	•	 	 Year 

  

	 	•	 	 Month 

  

	 	•	 	 Day 

  

	 	•	 	 Client code 

  

	 	•	 	 Client name 

  

	 	•	 	 Invoice number 

  

	 	•	 	 Order number 

  

	 	•	 	 Bill To Name 

  

	 	•	 	 Bill To Street 

  

	 	•	 	 Bill To Zip code 

  

	 	•	 	 Bill To city 

  

	 	•	 	 Bill To country 

  

	 	•	 	 Item code (SKU) 

  

	 	•	 	 Item Name 

  

	 	•	 	 Quantity (units) 

  

	 	•	 	 Line price (quantity * unit price) 

  

	 	•	 	 Total quantity (units) of all lines (footer section) 

 The data will be sent via the existing standard interface from NL to Prince. Prince will create the report and send the files to CTI using the established sFTP connection between Prince and CTI.

  
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	 	4.1.7	Interface: Deliveries (Despatch Confirmation) XML and CSV format 

 Filename: DESP_YYYYMMDDHHMMSSSS.xml, DESP_YYYYMMDDHHMMSSSS.csv 
 Scheduled: Daily
11pm CET 
  

	 	4.1.7.1	Outgoing data 

 Elements:

  

	 	•	 	 Year 

  

	 	•	 	 Month 

  

	 	•	 	 Day 

  

	 	•	 	 Client code 

  

	 	•	 	 Client name 

  

	 	•	 	 Order Number 

  

	 	•	 	 Dispatch date 

  

	 	•	 	 ShipTo Name 

  

	 	•	 	 ShipTo Street 

  

	 	•	 	 ShipTo Zip code 

  

	 	•	 	 ShipTo city 

  

	 	•	 	 ShipTo country 

  

	 	•	 	 Item code (SKU) 

  

	 	•	 	 Item Name 

  

	 	•	 	 Quantity ordered 

  

	 	•	 	 Quantity shipped (units) 

  

	 	•	 	 Batch 

  

	 	•	 	 Total quantity (units) of all lines (footer section) 

 The data will be sent via the existing standard interface from NL to Prince. Prince will create the report and send the files to CTI using the established sFTP connection between Prince and CTI.

  
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	 	4.1.8	Interface: Inventory (Stock Level) XML and CSV format 

 Filename: SL_YYYYMMDDHHMMSSSS.xml, SL_YYYYMMDDHHMMSSSS.csv 
 Scheduled: Daily 11pm
CET 
  

	 	4.1.8.1	Outgoing data 

 Elements:

  

	 	•	 	 Year 

  

	 	•	 	 Month 

  

	 	•	 	 Day 

  

	 	•	 	 Item code (SKU) 

  

	 	•	 	 Item description 

  

	 	•	 	 Batch 

  

	 	•	 	 Expiry date 

  

	 	•	 	 Quantity 

  

	 	•	 	 Quality Status 

  

	 	•	 	 Total quantity (units) of all lines (footer section) 

  

	 	4.1.9	Interface: Inventory Returns XML and CSV format 

 Filename: RET_YYYYMMDDHHMMSSSS.xml, RET_YYYYMMDDHHMMSSSS.csv 
 Scheduled: Daily
11pm CET 
  

	 	4.1.9.1	Outgoing data 

 Elements:

  

	 	•	 	 Year 

  

	 	•	 	 Month 

  

	 	•	 	 Day 

  

	 	•	 	 Client code 

  

	 	•	 	 Client name 

  

	 	•	 	 Item code (SKU) 

  

	 	•	 	 Item Name 

  

	 	•	 	 Expiry date 

  

	 	•	 	 Description 

  

	 	•	 	 Confirmation of full custody (shipped to) 

  

	 	•	 	 Contact information from customer (returning) 

  

	 	•	 	 Conformation of storage conditions 

  

	 	•	 	 Confirmation of shipping conditions 

  

	 	•	 	 Quantity Returned 

  
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	 	•	 	 Batch 

  

	 	•	 	 Total quantity (units) of all lines (footer section) 

 The data will be sent via the existing standard interface from NL to Prince. Prince will create the report and send the files to CTI using the established sFTP connection between Prince and CTI.

  
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	4.2	Infrastructure 

  

					
	 FS ID
	  	 Functional Specification
	  	Reference
	 FST-10
	  		  	
	 FST-20
	  		  	

 Technical communication 
 The communication between CTI and Movianto will be based on sFTP: 
 Prod:

 http://sftp.celltherapeutics.com 
 Domain:              sftp.celltherapeutics.com 
 Movianto acts as a client 
 For security reasons, CTI has imported the Movianto
key – tested and it is working fine. 
 Test: 

See Prod 
  

	4.3	Organization 

 Contacts

  

	 	•	 	 Powell, Brian [bpowell@ctiseattle.com] 

 Senior Network Administrator (only for sFTP) 
  

	 	•	 	 Lester, Deborah [dlester@ctiseattle.com] 

 Director, Information Technology 
  

	 	•	 	 Stoychev, Stamen [sstoychev@ctiseattle.com] 

 Sr. Systems Analyst, IT (content) 
  

	 	•	 	 Straub, Philipp [philipp.straub@movianto.com] 

 IT Admin Movianto Prince 
  

	 	•	 	 Nebel, Jan [jan.nebel@movianto.com] 

 EKAM Movianto 
  

	 	•	 	 Sieber, Cordula [cordula.sieber@movianto.com] 

 IT Project Lead Movianto Prince 
  

	 	•	 	 Aernoudt, Pieter [Pieter.Aernoudt@movianto.com] 

 IT responsible in the Netherlands 
  

	4.4	Regulatory 

N/A 

  
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	5.	Glossary 

 N/A

  

	6.	References 

 N/A

  

	7.	Revision History 

  

							
	 Revision #
	  	Creation
Date	  	Author	  	 Comments

	 0.9
	  	30/07/2012	  	Robert Selinka	  	New Document
	 1.0
	  	31/07/2012	  	Cordula Sieber	  	Review
	 1.1
	  	03/08/2012	  	Robert Selinka	  	Review on all comments in the call with CTI
	 1.2
	  	06/08/2012	  	Cordula Sieber	  	Review
	 1.3
	  	06/08/2012	  	Ruano Benir	  	Review with comments
	 1.4
	  	07/08/2012	  	R. Selinka
 J. Nebel

P: Aernoudt
 Stoychev,

Stamen
 Lester, Deborah
	  	Review and adjustments on the specs in the telco
	 1.5
	  	07/08/2012	  	Stoychev,
 Stamen
	  	Added csv and pdf reqs for reports and interfaces
	 1.6
	  	08/08/2012	  	Nebel	  	Changed table

  
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