Document:

Management Agreement, dated January 22, 2008

 Exhibit 10.8 
 Execution Version 
 MANAGEMENT AGREEMENT 

MANAGEMENT AGREEMENT, dated as of January 22, 2008 (the “Agreement”), by and among Quintiles Transnational Corp., a
North Carolina corporation (“Quintiles”), Bain Capital Partners, LLC, a Delaware limited liability company (“Bain”), GF Management Company, LLC, a North Carolina limited liability company (“GFM”),
TPG Capital, L.P., a Texas limited partnership (“TPG”), Cassia Fund Management Pte Ltd., a Singapore corporation “Cassia”), 3i Corporation, a Massachusetts corporation (“3i,” and, together with
Bain, GFM, TPG, 3i and Cassia, the “Managers”) and Aisling Capital, LLC (“Aisling”). 

WHEREAS, contemporaneously with the execution of this Agreement, the Managers, Aisling or any of their Affiliates (as defined in the
Shareholders Agreement) will acquire certain issued and outstanding shares of Common Stock directly or indirectly from existing shareholders of the Company, and TPG Quintiles Holdco II LLC and 3i US Growth Healthcare Fund 2008 L.P. (or their
respective Affiliates) will purchase certain newly issued shares of Common Stock from the Company, in a series of related transactions (the “Share Purchase Transaction”); 

WHEREAS, Quintiles desires that the Managers severally provide Quintiles with certain services as set forth herein (the
“Services”), and the Managers desire to severally render such services to Quintiles in consideration of a management fee as specified herein; 
 WHEREAS, Quintiles desires that certain Managers severally provide and the Managers have severally agreed to provide certain individuals with financial and/or management expertise (the
“Directors”) who may be directors, officers, employees or Affiliates of the Managers to serve on the board of directors (the “Board”) of Quintiles, and, if requested by Quintiles and consented to by the Managers, on
the board of directors (or equivalent governing body) of any subsidiary of Quintiles (individually, a “Subsidiary” and collectively, the “Subsidiaries”; and together with Quintiles, the “Company”)
on the terms and conditions contained herein and as contemplated by that certain Shareholders Agreement, dated as of the date hereof (as such agreement may be amended, modified or restated from time to time, the “Shareholders
Agreement”), by and among Quintiles and its shareholders named therein; and 
 WHEREAS, Quintiles desires that Aisling
provide, and Aisling has agreed to provide, an individual with financial and/or management expertise (the “Aisling Representative”) to serve on the NovaQuest Investment Committee of Quintiles (the “NovaQuest
Committee”); 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein and for other
good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
  

	 	1.	SERVICES 

 1.1 Services
Provided by the Managers. At Quintiles’ request, each of the Managers severally shall provide Services to Quintiles, provided that each of the Managers shall devote such time and efforts to the performance of the Services as such Manager
deems reasonably necessary or appropriate, and no minimum number of hours is required to be devoted 

 
by any Manager on a weekly, monthly, annual or other basis. Such Services shall consist of, without limitation, assistance relating to (a) identifying other companies for potential
acquisitions (the “Target Companies”), (b) reviewing and evaluating potential investments in Target Companies, (c) structuring and negotiating the terms of investments in Target Companies, and (d) obtaining financing
necessary to acquire Target Companies; provided, however, that in no event shall any Manager be deemed to be managing the investments of the Company or an investment advisor to the Company and no Manager shall be required to take any
action inconsistent with this proviso and provided, further, that if the Management Shareholder Group (as defined below) associated with a particular Manager holds less than five percent (5%) of the then outstanding shares of
Common Stock, such Manager will not be required to provide any Services hereunder and this Agreement will terminate with respect to such Manager in accordance with Section 6.1 herein provided that such five percent threshold shall be adjusted
downward in a proportionate manner in the event of a pro rata reduction in the number of shares of Common Stock held by, or percentage ownership of, each of the Management Shareholder Groups. 

1.2 Services Provided by Aisling. Aisling agrees to permit the Aisling Representative to serve on the NovaQuest Committee.

 1.3 Independent Contractor. Notwithstanding the Services requested, provided or to be provided hereunder, each of the
Managers and Aisling shall be deemed to be an independent contractor and, unless otherwise expressly authorized or provided, shall not be authorized to manage the affairs of, act in the name of or bind the Company pursuant to this Agreement. Each of
the Managers and Aisling is not, and shall not be considered, a partner of Quintiles and the parties do not intend that this Agreement, separately or in conjunction with any other document, create any joint venture or partnership. Quintiles shall
not be obligated to follow or accept any recommendation made by any of the Managers. The management, policies and operations of Quintiles (including the ultimate approval of the making or disposition of any investment in any Target Company and
terms) shall be the responsibility of the Board or the boards of directors (or equivalent governing bodies) of the Subsidiaries, as applicable. 
  

	 	2.	DIRECTOR SERVICES. 

 2.1
Each of the Managers, as applicable, agrees to permit the Directors to serve, from time to time, on the Board and the boards of directors (or equivalent governing bodies) of the Subsidiaries. 

 

	 	3.	LIABILITY AND INDEMNIFICATION. 

 3.1 Liability of Indemnified Persons. None of the Managers, Aisling, nor any of their respective Affiliates, nor any shareholder, member, director, manager, partner, officer, employee, agent,
representative or Affiliate of any of the foregoing (other than Quintiles, collectively, “Indemnified Persons”) shall be liable to Quintiles, any Subsidiary or any of their respective Affiliates for any claims or liabilities of any
nature whatsoever or any losses or expenses relating thereto, including, but not limited to, legal fees and expenses (collectively, “Losses”), to which such Indemnified Person may become subject in connection with or arising out of
or related to this Agreement, including, without limitation, by reason of any act or 

  
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omission in connection with the Services or any act or omission of any Director whether or not an Indemnified Person continues to be such at the time any such Losses are paid or incurred, unless
and to the extent (i) it is determined by a final decision (after all appeals and the expiration of time to appeal) of a court of competent jurisdiction that such Losses resulted from the fraud or gross negligence of such Indemnified Person or
(ii) such Losses arise out of the breach by the applicable Indemnified Party of this Agreement, the Shareholders Agreement, the Registration Rights Agreement (as defined in the Shareholders Agreement), the Subscription Agreement, dated as of
December 20, 2007, by and between the Company and TPG Partners V, L.P., the Subscription Agreement, dated as of December 20, 2007, by and among the Company, 3i US Growth Healthcare Fund 2008 L.P. and 3i U.S. Growth Partners L.P., or the
letter agreement, dated as of December 20, 2007, between 3i US Growth Healthcare Fund 2008 L.P. and the Company. Except for Losses referred to in clause (ii) above, each Indemnified Person shall be entitled to rely in good faith on the
advice of counsel, public accountants or other independent persons experienced in the matter at issue, and any act or omission of any Indemnified Person in reasonable reliance on such advice shall in no event subject any of them to liability to the
Company or any Target Company, or any of their respective Affiliates. 
 3.2 Indemnification. Quintiles shall, to the
fullest extent permitted by applicable laws, indemnify and hold harmless each of the Indemnified Persons from and against any and all Losses to which such Indemnified Person may become subject in connection with or arising out of or related to this
Agreement, or the operation and affairs of the Company or any Target Company, or any of their respective Affiliates, including, without limitation, in connection with providing or failing to provide Services (or any act or omission in connection
therewith) or any act or omission of any Director, whether or not an Indemnified Person continues to be such at the time any such Losses are paid or incurred; provided, however, that the foregoing indemnification shall not include or
apply to the extent that (i) any Losses are determined by a final decision (after all appeals and the expiration of time to appeal) of a court of competent jurisdiction to have resulted from the fraud or gross negligence of such Indemnified
Person or (ii) such Losses arise out of the breach by the applicable Indemnified Party of this Agreement, the Shareholders Agreement, the Registration Rights Agreement, the Subscription Agreement, dated as of December 20, 2007, by and
between the Company and TPG Partners V, L.P., the Subscription Agreement, dated as of December 20, 2007, by and among the Company, 3i US Growth Healthcare Fund 2008 L.P. and 3i U.S. Growth Partners L.P., or the letter agreement, dated as of
December 20, 2007, between 3i US Growth Healthcare Fund 2008 L.P. and the Company. In the event that any Indemnified Person becomes involved in any capacity in any action, proceeding or investigation in connection with any matter arising out of
or in connection with this Agreement or the operations or affairs of the Company or any Target Company, or any of their respective Affiliates, Quintiles will periodically advance to or reimburse such Indemnified Person for its legal and other
expenses (including the cost of any investigation and preparation) as incurred in connection therewith; provided, however, that such Indemnified Person shall promptly repay to Quintiles the amount of any such advanced or reimbursed
expenses paid to it to the extent it shall ultimately be determined by a final decision (after all appeals and the expiration of time to appeal) of a court of competent jurisdiction that such Indemnified Person is not entitled to such advance or
reimbursement by Quintiles as herein provided in connection with such action, proceeding or investigation. The rights of indemnification provided in this Section 3.2 will be in addition to any rights to which an Indemnified Person may otherwise
be entitled by contract or as a matter of law, including 

  
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pursuant to the bylaws of the Company, and shall extend to each of its or his heirs, successors and assigns. 
 3.3 Freedom to Pursue Opportunities. In recognition that each of Bain, TPG, Cassia and 3i (each a “Sponsor Manager”) or former Sponsor Manager and their respective Indemnified
Parties currently have, and will in the future have or will consider acquiring, investments in numerous companies with respect to which each Sponsor Manager or former Sponsor Manager or their respective Indemnified Parties may serve as an advisor, a
director or in some other capacity, and in recognition that each Sponsor Manager or former Sponsor Manager and their respective Indemnified Parties have myriad duties to various investors and partners, and in anticipation that the Company, on the
one hand, and each of the Sponsor Managers or former Sponsor Managers (or one or more Affiliates, associated investment funds or portfolio companies), on the other hand, may engage in the same or similar activities or lines of business and have an
interest in the same areas of corporate opportunities, and in recognition of the benefits to be derived by the Company hereunder and in recognition of the difficulties which may confront any advisor who desires and endeavors fully to satisfy such
advisor’s duties in determining the full scope of such duties in any particular situation, the provisions of this Section 3.3 are set forth to regulate, define and guide the conduct of certain affairs of the Company as they may involve
such Manager. Except as a Sponsor Manager or former Sponsor Manager may otherwise agree in writing after the date hereof: 
 (a) Such Sponsor Manager or former Sponsor Manager and their respective Indemnified Parties shall have the right: (i) to directly or indirectly engage in any business (including, without limitation,
any business activities or lines of business that are the same as or similar to those pursued by, or competitive with, the Company and its subsidiaries, (ii) to directly or indirectly do business with any client or customer of the Company and
its subsidiaries, (iii) to take any other action that such Sponsor Manager or former Sponsor Manager believes in good faith is necessary to or appropriate to fulfill its obligations as described in the first sentence of this Section 3.3,
and (iv) not to present potential transactions, matters or business opportunities to the Company or any of their subsidiaries, and to pursue, directly or indirectly, any such opportunity for itself, and to direct any such opportunity to another
person. 
 (b) Such Sponsor Manager or former Sponsor Manager and their respective Indemnified Parties shall have
no duty (contractual or otherwise) to communicate or present any corporate opportunities to the Company or any of its Affiliates or to refrain from any actions specified in Section 3.3(a), and the Company, on its own behalf and on behalf of its
Affiliates, hereby renounce and waive any right to require such Sponsor Manager or former Sponsor Manager or any of their Indemnified Parties to act in a manner inconsistent with the provisions of this Section 3.3. 

(c) None of such Sponsor Manager or former Sponsor Manager, nor any of its Indemnified Parties shall be liable to the
Company or any of its Affiliates for breach of any duty (contractual or otherwise) by reason of any activities or omissions of the types referred to in this Section 3.3 or of any such person’s participation therein. 

  
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 (d) In the event that a director of the Company who was designated as a
director by a Sponsor Manager pursuant to Section 3.1(a)(iii) through (vi) (as applicable) of the Shareholders Agreement has actual knowledge that an investment has been made after the date hereof in a Competitor by a late stage private
equity fund managed by an Affiliate of such Sponsor Manager, such Sponsor Manager shall notify the Company thereof as promptly as practicable after the making of such investment and cooperate reasonably with the Company at its request to create
appropriate protective procedures with respect to the flow of information; provided that the foregoing shall not be required if prohibited by law, regulation, contractual obligation or otherwise. This provision is in addition to any other duties the
designated director may have at law as a result of the investment, after giving effect to clauses (a) through (c) above. “Competitor” means any pharmaceutical services organization that provides either clinical research or
contract sales services to customers in the pharmaceutical, biotechnology or medical device industries; provided, that a fully integrated pharmaceutical, biotechnology or medical device company that may occasionally provide these types of services
to third parties, but that does not derive significant revenues from such services, shall not be deemed a “Competitor.” 
 (e) The provisions of Section 3.3(a)-(c) above shall apply to the full extent permitted by law, provided that, prior to any investment in a company listed on Schedule 3.3(e) hereto by a late
stage private equity fund managed by a Sponsor Manager or managed by any Affiliate thereof, such Sponsor Manager shall give written notice of such proposed investment to the Board and shall not consummate such investment unless it is approved by a
disinterested majority of the Board in its discretion (which approval shall be deemed to have been given if the Board does not notify such Sponsor Manager otherwise within 21 days of the notice of the proposed investment having been received). A
violation of this Section 3.3(e) shall not be subject to the limitations contained in Section 3.3(c) hereto. 
  

	 	4.	COMPENSATION FOR SERVICES; EXPENSES 

 4.1 Service Fees. Quintiles shall pay aggregate service fees (the “Service Fees”) to the Managers and Aisling in the amount of $5,000,000 for each 12-month period during the Term
(as defined below), payable in advance and in equal quarterly installments during the Term, on the first day of each January, April, July and October (each such date, a “Payment Date”‘) commencing January 1, 2008. Of this
amount, $150,000 per 12-month period shall be payable to Aisling as described in this section 4.1, but only for so long as the NovaQuest Committee includes a member nominated by Aisling pursuant to that letter agreement between Aisling and
Quintiles, dated January 22, 2008. Each of the Managers then subject to this Agreement shall receive a proportionate share (“Proportionate Share”) of the remaining Service Fees determined by reference to the number of shares of
Common Stock owned (as of the applicable Payment Date) by each of (i) the Bain Shareholders, with respect to Bain, (ii) the DG Shareholders, with respect to GFM, (iii) the TPG Shareholders, with respect to TPG, (iv) the Temasek
Shareholders, with respect to Cassia, and (v) the 3i Shareholders, with respect to 3i (each, a “Manager Shareholder Group” and collectively, the “Manager Shareholders”), respectively, divided by the total
number of shares of Common Stock owned by all of the Manager Shareholders. To the extent any Service Fees are not paid they will accrue until paid. 

  
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If on any day on which the Service Fees are due is not a business day, the Service Fees shall be due on the next succeeding business day. The Service Fees shall be adjusted upward (but not
downward) effective as of March 31 of each year commencing March 31, 2008 based on any increase in the Consumer Price Index for the preceding calendar year. 
 4.2 Share Purchase Transaction Expenses. Promptly following consummation of the Share Purchase Transaction (as defined in the Shareholders Agreement), Quintiles shall reimburse the Managers (or
their Affiliates) for the filing fees associated with each of their respective filings under the Hart Scott Rodino Antitrust Act in connection with the Share Purchase Transaction (such reimbursement to be paid out of the Transaction Fees (defined
below)). 
  

	 	5.	TRANSACTION FEES 

 5.1
Transaction Fees. Upon consummation of the Share Purchase Transaction, the Company shall pay transaction fees, equal to USD $37.5 million, less the aggregate amount paid or payable under Section 4.2, in the aggregate (the
“Transaction Fees”), to Bain, GFM, TPG, 3i, Cassia and Aisling ratably in an approximate proportion to the number of shares of Common Stock owned (immediately following consummation of the Share Purchase Transaction) by each of
(i) the Bain Shareholders, with respect to Bain, (ii) the DG Shareholders, with respect to GFM, (iii) the TPG Shareholders, with respect to TPG, (iv) the 3i Shareholders, with respect to 3i, (v) the Temasek Shareholders,
with respect to Cassia and (vi) Aisling Capital II, L.P. and Perseus-Soros BioPharmaceutical Fund, L.P., with respect to Aisling, respectively, divided by the total number of shares of Common Stock owned by all of such Shareholders. The
Transaction Fees payable pursuant to this Section 5.1 are for assistance provided by Bain, GFM, TPG, 3i, Cassia and Aisling relating to the structuring and negotiation of the terms of the Share Purchase Transaction. The Transaction Fee being
paid hereunder to GFM is not associated with the performance of services by Dennis B. Gillings, CBE, either directly or indirectly, as an employee of the Company or otherwise. 

 

	 	6.	TERM. 

 6.1 This Agreement
will continue in full force and effect until December 31, 2010; provided that this Agreement shall be automatically extended each December 31 thereafter for an additional year unless the Requisite Managers provide written notice of their
desire not to automatically extend the term of this Agreement to the other parties hereto at least 90 days prior to such December 31; and provided further, however, that (a) the Requisite Managers may cause this Agreement to terminate at
any time, (b) this Agreement will terminate automatically immediately prior to the effective date of a Sale of the Company or a Qualifying Offering, unless the Company and each of the Managers determine otherwise, (c) this Agreement will
terminate automatically with respect to a particular Manager as of the time such Manager is no longer obligated to provide Services pursuant to Section 1.1 and (d) this Agreement will terminate with respect to Aisling at the earlier of
such time as Aisling no longer has a right to appoint a member of the NovaQuest Committee under the Letter Agreement between Aisling and Quintiles, dated January 22, 2008, and the date this Agreement otherwise terminates (the period on and
after the date hereof through the termination hereof being referred to herein as the “Term”); and provided further, that Sections 3 and 8 will all survive any termination of this Agreement to the maximum

  
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extent permitted under applicable law, and any and all accrued and unpaid obligations of the Company owed under Section 4 through the termination date will be paid promptly upon any
termination of this Agreement. At the end of the Term, all obligations of the Managers and Aisling under this Agreement (other than as contemplated by Section 8) will terminate and any subsequent services rendered by the Managers or Aisling to
the Company will be separately compensated. 
 6.2 For purposes of this Agreement, “Requisite Managers” shall
mean the Managers associated with the Manager Shareholder Groups that collectively own at least sixty percent (60%) of the aggregate shares of Common Stock then outstanding and held by all of the Manager Shareholders. 

 

	 	7.	NOTICES. 

 7.1 All
notices, requests, demands and other communications provided for by this Agreement shall be in writing and shall be deemed to have been given at the time when received by registered or certified mail, return receipt requested, or by a nationally
recognized overnight courier service or given in person, to the following addresses of the parties hereto or to such changed address as such party may have specified for notice: 

 

	 	(a)	If to Bain, to: 

 Bain Capital
Partners, LLC 
 111 Huntington Avenue 
 Boston, Massachusetts 02199 

Facsimile:        (617) 516-2010 

Attention:        John Connaughton 

with a copy to: 

Ropes & Gray LLP 
 One International Place 
 Boston, Massachusetts 02110 

Facsimile:        (617) 951-7050 

Attention:        Newcomb Stillwell 

 

	 	(b)	If to GFM, to: 

 GF Management
Company, LLC 
 4825 Creekstone Drive, Suite 130 
 Durham, North Carolina 27703 

Facsimile:        (919) 474-3082 

Attention:        Dennis B. Gillings, CBE 

with a copy to: 

White & Case LLP 

  
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 1155 Avenue of the Americas 

New York, New York 10036 
 Facsimile:        (212) 354-8113 

Attention:        John M. Reiss, Esq. 

 

	 	(c)	If to TPG, to: 

 TPG Capital,
L.P. 
 301 Commerce Street 
 Suite 3300 
 Fort Worth, Texas 76102 

Facsimile:        (817) 871-4088 

Attention:        Clive D. Bode, Esq. 

with a copy to: 

Cleary, Gottlieb, Steen & Hamilton 
 One Liberty Plaza 
 New York, New York 10006 

Facsimile:        (212) 225-3999 

Attention:        Paul J. Shim, Esq. 

 

	 	(d)	If to Cassia, to: 

 Temasek
Holdings (Pte) Limited 
 60B Orchard Road, #06-18, Tower 2 

The Atrium@Orchard, Singapore 238891 
 Facsimile:        (65) 6828-6137 

Attention:        Anand Govindaluri 

 

	 	(e)	If to 3i, to: 

 3i Corporation

 375 Park Avenue, Suite 3001 
 New York, New York 10152 

Facsimile:        (212) 848-1401 

Attention:        Richard Relyea 

with a copy to: 

Kirkland & Ellis LLP 
 Citigroup Center 
 153 East 53rd Street 

New York, New York 10022 
 Facsimile:        (212) 446-6460 

Attention:        Frederick Tanne, P.C. 

  
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	 	(f)	If to Aisling, to: 

 Aisling
Capital, LLC 
 888 Seventh Avenue, 30th Floor 
 New York, NY 10106 

Facsimile:        (212) 651-6379 

Attention:        Drew Schiff 

with a copy to: 

McKee Nelson LLP 
 One Battery Park Plaza 
 New York, NY 10004 

Facsimile:        (917) 777-1734 

Attention:        Todd A. Finger 

 

	 	(g)	If to Quintiles, to: 

 Quintiles
Transnational Corp. 
 4709 Creekstone Drive 
 Riverbirch Building, Suite 200 
 Durham, North Carolina 27703 

Facsimile:        (919) 941-7345 

Attention:        General Counsel 

with a copy to: 

Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, L.L.P. 

2500 Wachovia Capitol Center 
 Post Office Box 2611 
 Raleigh, North Carolina 27602-2611 

Facsimile:        (919) 821-6800 

Attention:        Gerald F. Roach, Esq. 

 

	 	8.	MISCELLANEOUS. 

 8.1
Definitions. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Shareholders Agreement. 
 8.2 Headings and Captions. All headings and captions contained in this Agreement are for convenience only and shall not be deemed a part of this Agreement. 

8.3 Variations of Pronouns. All pronouns and all variations thereof shall be deemed to refer to the masculine, feminine or neuter,
singular or plural, as the identity of the person may require. 

  
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 8.4 Counterparts. This Agreement may be executed in counterparts, each of which shall
constitute an original and all of which, when taken together, shall constitute the same agreement. 
 8.5 Governing Law.
All questions concerning the construction, validity and interpretation of this Agreement and the exhibits hereto will be governed by and construed in accordance with the domestic laws of the State of New York. 

8.6 No Assignment. This Agreement may not be assigned by any party hereto without the consent of each other party hereto.

 8.7 Severability. The parties hereto intend that each provision hereof constitute a separate agreement among them.
Accordingly, the provisions hereof are severable and in the event that any provision of this Agreement shall be deemed invalid or unenforceable in any respect by a court of competent jurisdiction, the remaining provisions hereof shall not be
affected, but shall, subject to the discretion of such court, remain in full force and effect, and any invalid or unenforceable provision shall be deemed, without further action on the part of the parties hereto, amended and limited to the extent
necessary to render the same valid and enforceable. 
 8.8 Entire Agreement; Amendments. This Agreement constitutes the
entire agreement of the parties hereto with respect to the transactions contemplated hereby and supersedes all prior oral or written agreements and understandings with respect to the subject matter hereof. This Agreement may be amended, modified or
supplemented only by a written instrument executed by or on behalf of each of the parties hereto. 
 8.9 No Third Party
Beneficiaries. The terms and provisions of this Agreement are intended solely for the benefit of each party hereto and their respective successors and permitted assigns, and it is not the intention of the parties to confer, and, except for
Indemnified Persons as defined in Section 3.1, no provision hereof shall confer third party beneficiary rights upon any other person or entity. 
 8.10 Limited Recourse. Notwithstanding anything in this Agreement or any other document, agreement or instrument contemplated hereby or thereby to the contrary, the obligations of Aisling or any
Manager hereunder shall be without recourse to any partner, shareholder, member, manager, associate, Affiliate or employee of Aisling or such Manager, as the case may be, or its members, partners, or any other respective officers, directors,
members, managers, employees or agents. 
 8.11 Consent to Jurisdiction and Service of Process. EACH OF THE PARTIES
HERETO CONSENTS TO THE EXCLUSIVE JURISDICTION OF ANY STATE OR FEDERAL COURT LOCATED WITHIN THE STATE OF NEW YORK AND IRREVOCABLY AGREES THAT ALL ACTIONS OR PROCEEDINGS RELATING TO THIS AGREEMENT SHALL BE LITIGATED IN SUCH COURTS. EACH OF THE PARTIES
HERETO ACCEPTS FOR ITSELF AND IN CONNECTION WITH ITS RESPECTIVE PROPERTIES, GENERALLY AND UNCONDITIONALLY, THE EXCLUSIVE JURISDICTION OF THE AFORESAID COURTS AND WAIVES ANY DEFENSE OF 

  
 10 

 
FORUM NON CONVENIENS, AND IRREVOCABLY AGREES TO BE BOUND BY ANY FINAL AND NONAPPEALABLE JUDGMENT RENDERED THEREBY IN CONNECTION WITH THIS AGREEMENT. EACH OF THE PARTIES
HERETO FURTHER IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OUT OF ANY OF THE AFOREMENTIONED COURTS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF VIA OVERNIGHT COURIER, TO SUCH PARTY AT THE ADDRESS SPECIFIED IN THIS AGREEMENT,
SUCH SERVICE TO BECOME EFFECTIVE FOURTEEN CALENDAR DAYS AFTER SUCH MAILING. NOTHING HEREIN SHALL IN ANY WAY BE DEEMED TO LIMIT THE ABILITY OF EITHER PARTY HERETO TO SERVE ANY SUCH LEGAL PROCESS, SUMMONS, NOTICES AND DOCUMENTS IN ANY OTHER MANNER
PERMITTED BY APPLICABLE LAW OR TO OBTAIN JURISDICTION OVER OR TO BRING ACTIONS, SUITS OR PROCEEDINGS AGAINST THE OTHER PARTY HERETO IN SUCH OTHER JURISDICTIONS, AND IN SUCH MANNER, AS MAY BE PERMITTED BY ANY APPLICABLE LAW. 

8.12 Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY WAIVES ITS RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF
ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT. EACH OF THE PARTIES HERETO ALSO WAIVES ANY BOND OR SURETY OR SECURITY UPON SUCH BOND WHICH MIGHT, BUT FOR THIS WAIVER, BE REQUIRED OF SUCH PARTY. THE SCOPE OF THIS WAIVER IS INTENDED TO BE
ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT AND THAT RELATE TO THE SUBJECT MATTER OF THIS AGREEMENT, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS AND ALL OTHER COMMON LAW AND STATUTORY CLAIMS. EACH OF THE
PARTIES HERETO FURTHER WARRANTS AND REPRESENTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. THIS WAIVER IS IRREVOCABLE, MEANING
THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING, AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT. IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT
TO A TRIAL BY THE COURT. 
 8.13 Publicity. Except as required by applicable law, without prior written approval of
Quintiles and the Managers, none of the parties hereto, nor any of their Affiliates, shall issue any press release or make any public statement regarding this Agreement and the transactions contemplated hereby or the Share Purchase Transaction.
Notwithstanding the foregoing, each Manager shall be permitted to place the name “Quintiles Transnational Corp.” or any derivation thereof on its website. 
 [Signature Page to Follow] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their
representatives thereunto duly authorized as of the day and year first above written. 
  

					
	QUINTILES TRANSNATIONAL CORP.
		
	By:	 	 /s/ Ron Wooten

		 	Name:	 	Ron Wooten
		 	Title:	 	EVP
	
	BAIN CAPITAL PARTNERS, LLC
		
	By:	 	 /s/ John Connaughton

		 	Name:	 	John Connaughton
		 	Title:	 	Managing Director

  

					
	GF MANAGEMENT COMPANY, LLC
		
	By:	 	 /s/ Dennis B. Gillings, CBE

		 	Name:	 	Dennis B. Gillings, CBE
		 	Title:	 	
	
	TPG CAPITAL, LP
		
	By:	 	Tarrant Capital, LLC, its general partner
		
	By:	 	 /s/ Clive D. Bode

		 	Name:	 	Clive D. Bode
		 	Title:	 	Vice President

  

					
	CASSIA FUND MANAGEMENT PTE LTD.
		
	By:	 	 /s/ Goh Yong Siang

		 	Name:	 	Goh Yong Siang
		 	Title:	 	Director

  

					
	3i CORPORATION
		
	By:	 	 /s/ Robin Marshall

		 	Name:	 	Robin Marshall
		 	Title:	 	Senior Vice President

 
					
	AISLING CAPITAL, LLC
		
	By:	 	 /s/ Dennis J. Purcell

		 	Name:	 	Dennis J. Purcell
		 	Title:	 	Senior Managing Director

 Schedule 3(e) 
 Pharmaceutical Product Development, Inc. 
 Covance Inc. 

PAREXEL International Corporation 
 inVentiv
Health, Inc. 
 ICON plcManagement Rights Letter from Quintiles Transnational Corp.

 Exhibit 10.9 
 QUINTILES TRANSNATIONAL CORP. 
 4709 Creekstone Drive 

Riverbirch Building, Suite 200 
 Durham, NC 27703 
 Aisling Capital II, L.P. 

888 Seventh Avenue, 30th Floor 
 New
York, NY 10106 
  

	 	Re:	Management Rights 

 Ladies and Gentlemen:

 This letter will confirm our agreement that pursuant to and effective as of your purchase of 1,840,000 shares of common stock
(the “Shares”) of Quintiles Transnational Corp. (the “Company”), Aisling Capital II, L.P. (the “Investor”) shall be entitled to the following contractual management rights: 

1. Investor shall be entitled to consult with and advise management of the Company on significant business issues, including
management’s proposed annual operating plans, and upon reasonable request management will meet with Investor regularly during each year at the Company’s facilities at mutually agreeable times for such consultation and advice and to review
progress in achieving said plans. 
 2. Investor may examine the books and records of the Company and inspect its facilities and
may request information at reasonable times and intervals concerning the general status of the Company’s financial condition and operations, provided that access to highly confidential proprietary information and facilities need not be
provided. 
 3. Investor will be entitled to financial information in accordance with terms of the Shareholders Agreement of
even date herewith by and among the Company, the Investor and other investors (the “Shareholders Agreement”). 

4. For as long as the Investor holds at least fifty percent (50%) of the Shares acquired as of the date hereof, the Company shall
invite a representative of the Investor to attend all meetings of its Board of Directors in a nonvoting observer capacity. 
 5.
The Company shall concurrently with delivery to the Board of Directors, give a representative of Investor copies of all notices, minutes, consents and other material that the Company provides to its directors, except that the representative may be
excluded from access to any material or meeting or portion thereof if the Board of Directors determines in good faith, upon advice of counsel, that such exclusion is reasonably necessary to preserve the attorney-client privilege, to protect highly
confidential proprietary information, or for other similar reasons. Upon reasonable notice and at a scheduled meeting of the Board or such other time, if any, as the Board may determine in its sole discretion, such representative may address the

 
Board with respect to Investor’s concerns regarding significant business issues facing the Company. 
 6. For as long as the Investor holds at least fifty percent (50%) of the Shares acquired as of the date hereof, Investor shall be entitled to nominate one member of the NovaQuest Investment
Committee, and such nominee shall become a member of the NovaQuest Investment Committee. 
 7. The Company shall, upon request
of the Investor, reimburse such Investor for reasonable out-of-pocket expenses related to the service of its representative on the NovaQuest Investment Committee. 
 Investor agrees that any confidential information provided to or learned by it in connection with its rights under this letter shall be subject to the confidentiality provisions set forth in that certain
Shareholders Agreement. 
 Except as provided elsewhere herein, the rights described above shall terminate and be of no further
force or effect upon (a) such time as none of the shares of the Company’s stock are held by the Investor or its affiliates; (b) the consummation of the sale of the Company’s securities pursuant to a registration statement filed
by the Company under the Securities Act of 1933, as amended, in connection with the firm commitment underwritten offering of its securities to the general public or (c) the consummation of a merger or consolidation of the Company that is
effected (i) for independent business reasons unrelated to extinguishing such rights and (ii) for purposes other than (A) the reincorporation of the Company in a different state or (B) the formation of a holding company that will
be owned exclusively by the Company’s stockholders and will hold all of the outstanding shares of capital stock of the Company’s successor. The confidentiality obligations referenced herein will survive any such termination. 

 

									
	Very truly yours,	 		 	Agreed and Accepted:
			
	AISLING CAPITAL II, L.P.	 		 	QUINTILES TRANSNATIONAL CORP.
					
	By:	 	 /s/ Dennis J. Purcell
	 		 	By:	 	 /s/ Ron Wooten

	Name:	 	 Dennis J. Purcell
	 		 	Name:	 	 RON WOOTEN

	Title:	 	 Senior Managing Director
	 		 	Title:	 	 EVP

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