SEC Contract Filing

Filing Date: 2020-06-01

Document Content:
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<TYPE>EX-10.1
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<FILENAME>d830681dex101.htm
<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" ALIGN="right">EXECUTION VERSION </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Morgan Stanley&nbsp;&amp; Co.
International plc </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o Morgan Stanley&nbsp;&amp; Co. LLC </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1585 Broadway, 5th Floor </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, NY 10036 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">May&nbsp;27, 2020 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top"><B>To:</B></TD>
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<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">NuVasive, Inc.</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">7475 Lusk Boulevard</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">San Diego, California 92121</P></TD></TR>
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<TD VALIGN="top"><B>Re:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Base Convertible Bond Hedge Transaction</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Dear Ladies and Gentlemen: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The purpose of this
communication (this &#147;<B>Confirmation</B>&#148;) is to set forth the terms and conditions of the above-referenced transaction entered into on the Trade Date specified below (the &#147;<B>Transaction</B>&#148;) between Morgan Stanley&nbsp;&amp;
Co. International plc. (&#147;<B>Dealer</B>&#148;) and NuVasive, Inc. (&#147;<B>Counterparty</B>&#148;). This communication constitutes a &#147;Confirmation&#148; as referred to in the Agreement specified below. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. This Confirmation is subject to, and incorporates, the definitions and provisions of the 2006 ISDA Definitions (the &#147;<B>2006
Definitions</B>&#148;) and the definitions and provisions of the 2002 ISDA Equity Derivatives Definitions (the &#147;<B>Equity Definitions</B>&#148;, and together with the 2006 Definitions, the &#147;<B>Definitions</B>&#148;), in each case as
published by the International Swaps and Derivatives Association, Inc. (&#147;<B>ISDA</B>&#148;). Certain defined terms used herein have the meanings assigned to them in the Indenture to be dated as of June&nbsp;1, 2020 between Counterparty and
Wilmington Trust, National Association, as trustee (the &#147;<B>Indenture</B>&#148;), relating to the USD 400,000,000 principal amount of 1.00% Convertible Senior Notes due 2023 (the &#147;<B>Base Convertible Securities</B>&#148;) and the
additional USD 50,000,000 principal amount of 1.00% Convertible Senior Notes due 2023 that may be issued pursuant to the option to purchase additional convertible securities (the &#147;<B>Optional Convertible Securities</B>&#148; and, together with
the Base Convertible Securities, the &#147;<B>Convertible Securities</B>&#148;). In the event of any inconsistency between the terms defined in the Indenture and this Confirmation, this Confirmation shall govern. For the avoidance of doubt,
references herein to sections of, or definitions set forth in, the Indenture are based on the draft of the Indenture most recently reviewed by the parties at the time of execution of this Confirmation. If any relevant sections of, or definitions set
forth in, the Indenture are changed, added or renumbered between the execution of this Confirmation and the execution of the Indenture, the parties will amend this Confirmation in good faith to preserve the economic intent of the parties, as
evidenced by such draft of the Indenture. Subject to the foregoing, the parties acknowledge that references to the Indenture herein are references to the Indenture as in effect on the date of its execution and if the Indenture is, or the Convertible
Securities are, amended, modified or supplemented following the date hereof or the date of their execution, respectively, any such amendment, modification or supplement (other than any amendment, modification or supplement pursuant to a Merger
Supplemental Indenture (as defined below)) will be disregarded for purposes of this Confirmation (other than as provided in Section&nbsp;8(b)(ii) below) unless the parties agree otherwise in writing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Counterparty is hereby advised, and Counterparty acknowledges, that Dealer has engage