SEC Contract Filing

Filing Date: 2020-12-10

Document Content:
<DOCUMENT>
<TYPE>EX-10.27
<SEQUENCE>4
<FILENAME>veru-20200930xex10_27.htm
<DESCRIPTION>EX-10.27
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.39.0.1-->
<!--Created on: 12/10/2020 3:31:41 PM-->
<html>
	<head>
 <title>
 Exhibit 1027
 </title>
	</head>
	<body><div style="margin-left:72pt;margin-right:72pt;"><div style="width:100%">

 <p style="margin:0pt;text-align:right;font-family:Garamond;font-size: 12pt">

 <font style="display: inline;font-family:Times New Roman;font-weight:bold;">Exhibit 10.27</font>

 </p>

</div>
 <p style="margin:0pt;text-align:center;font-family:Garamond;font-size: 12pt">
 <font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">THIR</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">D</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">AMENDMENT TO CREDIT AGREEMENT</font>
 </p>
 <p style="margin:0pt;font-family:Garamond;font-size: 12pt">
 <font style="display: inline;font-family:Times New Roman;font-weight:bold;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Garamond;font-size: 12pt">
 <font style="display: inline;font-family:Times New Roman;">THIS </font><font style="display: inline;font-family:Times New Roman;">THIR</font><font style="display: inline;font-family:Times New Roman;">D &nbsp;</font><font style="display: inline;font-family:Times New Roman;">AMENDMENT TO CREDIT AGREEMENT</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">(this &#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">Amendment</font><font style="display: inline;font-family:Times New Roman;">&#x201D;), dated as of </font><font style="display: inline;font-family:Times New Roman;">October </font><font style="display: inline;font-family:Times New Roman;">5</font><font style="display: inline;font-family:Times New Roman;">, 20</font><font style="display: inline;font-family:Times New Roman;">20</font><font style="display: inline;font-family:Times New Roman;">, is entered into by and among </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">VERU</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;"> INC.</font><font style="display: inline;font-family:Times New Roman;">, a</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">Wisconsin </font><font style="display: inline;font-family:Times New Roman;">corporation </font><font style="display: inline;font-family:Times New Roman;text-transform:uppercase;">(</font><font style="display: inline;font-family:Times New Roman;">&#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">Borrowe</font><font style="display: inline;font-family:Times New Roman;text-decoration:underline;">r</font><font style="display: inline;font-family:Times New Roman;">&#x201D;),</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">each of the </font><font style="display: inline;font-family:Times New Roman;">undersigned</font><font style="display: inline;font-family:Times New Roman;"> financial institutions (individually each a &#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">Lender</font><font style="display: inline;font-family:Times New Roman;">&#x201D; and collectively &#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">Lenders</font><font style="display: inline;font-family:Times New Roman;">&#x201D;) and </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">SWK FUNDING LLC, </font><font style="display: inline;font-family:Times New Roman;">a Delaware limited liability company, in its capacity as administrative agent for the other Lenders (in such capacity, &#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">Agent</font><font style="display: inline;font-family:Times New Roman;">&#x201D;</font><font style="display: inline;font-family:Times New Roman;">).</font>
 </p>
 <p style="margin:0pt;font-family:Garamond;font-size: 12pt">
 <font style="display: inline;font-family:Times New Roman;font-weight:bold;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;text-align:center;font-family:Garamond;font-size: 12pt">
 <font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">RECITALS</font>
 </p>
 <p style="margin:0pt;font-family:Garamond;font-size: 12pt">
 <font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
 </p>
 <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Garamond;font-size: 12pt">
 <font style="display: inline;font-family:Times New Roman;">WHEREAS, Borrower, Agent and Lenders entered into that certain Credit Agreement dated as </font><font style="display: inline;font-family:Times New Roman;">March 5, 2018</font><font style="display: inline;font-family:Times New Roman;"> (as the same may be amended, modified or restated from time to time, being hereinafter referred to as the &#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">Credit Agreement</font><font style="display: inline;font-family:Times New Roman;">&#x201D;); </font><font style="display: inline;font-family:Times New Roman;">and</font>
 <