SEC Contract Filing

Filing Date: 2023-07-19

Document Content:
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<TYPE>EX-10.1
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<DESCRIPTION>EX-10.1
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>Certain identified information has been excluded from this Exhibit 10.1 because it is both not material and would likely cause competitive harm to MEI
Pharma, Inc. if publicly disclosed. The redacted portions are marked as [*CONFIDENTIAL*]. </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Execution Version </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Termination Agreement </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This Termination
Agreement (this &#147;<B>Termination Agreement</B>&#148;) is made and entered into effective as of July&nbsp;14, 2023 (&#147;<B>Termination Effective Date</B>&#148;), by and between MEI Pharma, Inc., a Delaware corporation having an office at 11455
El Camino Real, STE 250, San Diego, CA 92130 (&#147;<B>MEI</B>&#148;) and Kyowa Kirin Co., Ltd. (formerly known as Kyowa Hakko Kirin Co., Ltd.), a Japanese corporation having an office at <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">1-9-2</FONT></FONT> Otemachi, Chiyoda-ku, Tokyo <FONT STYLE="white-space:nowrap">100-0004,</FONT> Japan (&#147;<B>KKC</B>&#148;). MEI and KKC are sometimes referred to herein individually as a &#147;<B>Party</B>&#148; and
collectively as the &#147;<B>Parties</B>&#148;. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">WITNESSETH </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">WHEREAS, the Parties have entered into the LICENSE, DEVELOPMENT AND COMMERCIALIZATION AGREEMENT dated April&nbsp;13, 2020, as amended to date (the
&#147;<B>Original Agreement</B>&#148;); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">WHEREAS, the Parties desire to terminate the Original Agreement by mutual consent in accordance with this
Termination Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">NOW THEREFORE, in consideration of the foregoing premises and the mutual promises, covenants and conditions contained in this
Termination Agreement, and for other good and valuable consideration, receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: <B></B> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B><U>Definition.</U> </B>Capitalized terms not otherwise defined in this Termination Agreement shall have the
same meaning as in the Original Agreement. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B><U>Agreement to Termination of the Original Agreement.</U></B> </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Parties hereby agree that the Original Agreement shall be terminated in its entirety as of the Termination
Effective Date, subject to the terms and conditions of this Termination Agreement; provided that, each Party will perform the applicable <FONT STYLE="white-space:nowrap">on-going</FONT> obligations described in <B>Exhibit A </B>(the <B><FONT
STYLE="white-space:nowrap">&#147;On-Going</FONT> Activities&#148;</B>) and, in addition to those provisions of the Original Agreement which survive in accordance with Section&nbsp;3 of this Termination Agreement below, the following provisions of
the Original Agreement shall survive and apply solely to the <FONT STYLE="white-space:nowrap">On-Going</FONT> Activities until the date of completion of the <FONT STYLE="white-space:nowrap">On-Going</FONT> Activities (such date, on an <FONT
STYLE="white-space:nowrap">On-Going</FONT> <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Activity-by-On-Going</FONT></FONT> Activity basis, the &#147;<B><FONT STYLE="white-space:nowrap">On-Going</FONT> Activities Completion
Date</B>&#148;)[: Sections 1 (to the extent necessary to give effect to other surviving provisions), </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

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