SEC Contract Filing

Filing Date: 2020-09-21

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>ex10-1.htm
<DESCRIPTION>SELLING INVESTOR SUPPORT AGREEMENT
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 <div style="text-align: right;"><font style="font-weight: bold;"> Exhibit 10.1</font></div>
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 <div style="text-align: center;"><u>SELLING INVESTOR SUPPORT AGREEMENT</u></div>
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 <div style="text-indent: 36pt;">SELLING INVESTOR SUPPORT AGREEMENT (hereinafter referred to as this &#8220;<u>Agreement</u>&#8221;), dated as of [&#9679;], among Illumina, Inc., a Delaware corporation (&#8220;<u>Parent</u>&#8221;) and each of the undersigned stockholders (the &#8220;<u>Selling

 Investors</u>&#8221;) of GRAIL, Inc., a Delaware corporation (the &#8220;<u>Company</u>&#8221;), set forth on Schedule&#160;1(b) hereto.</div>
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 <div style="text-indent: 36pt;">WHEREAS, the Company, Parent, SDG Ops, Inc., a Delaware corporation and wholly owned subsidiary of Parent (&#8220;<u>First Merger Sub</u>&#8221;), and SDG Ops, LLC, a Delaware limited liability company and wholly owned subsidiary of
 Parent (&#8220;<u>Second Merger Sub</u>&#8221;), have entered into an Agreement and Plan of Merger dated as of September 20, 2020 (as it may be amended from time to time, the &#8220;<u>Merger Agreement</u>&#8221;), which provides for, among other things, the merger of First
 Merger Sub with and into the Company, with the Company continuing as the surviving corporation (the &#8220;<u>Surviving Corporation</u>&#8221;) (the &#8220;<u>First Merger</u>&#8221;), and immediately following the First Merger and as part of the same overall transaction as
 the First Merger, the Surviving Corporation will merge with and into Second Merger Sub, with Second Merger Sub being the surviving company of the Second Merger (the &#8220;<u>Second Merger</u>&#8221; and, together with the First Merger, the &#8220;<u>Mergers</u>&#8221;),
 and pursuant to which all shares of Company Stock issued and outstanding immediately prior to the Effective Time (other than as provided in Section&#160;2.04(c) of the Merger Agreement and Appraisal Shares) will be converted into the right to receive the
 Merger Consideration;</div>
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 <div style="text-indent: 36pt;">WHEREAS, each Selling Investor Beneficially Owns and is entitled to vote (or direct the voting of) the number of shares of Company Stock set forth opposite such Selling Investor&#8217;s name on Schedule&#160;1(b) attached hereto;
 and</div>
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 <div style="text-indent: 36pt;">WHEREAS, Parent desires that the Selling Investors agree, and the Selling Investors are willing to agree, on the terms and subject to the conditions set forth herein, (i) to not Transfer (as defined below) the Covered
 Shares (as defined below), and (ii) to vote or consent with respect to all of the Covered Shares in a manner so as to facilitate the consummation of the Mergers and the other Transactions.</div>
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 <div style="text-indent: 36pt;">NOW, THEREFORE, in consideration of the premises, and of the representations, warranties, covenants and agreements contained herein, and intending to be legally bound hereby, the parties hereto agree as follows:</div>
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 <div style="text-indent: 36pt;"><font style="color: rgb(0, 0, 0);">1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Certain Definitions</u>.&#160; Capitalized terms used but not defined herein shall have the respective meanings ascribed to them in the Merger Agreement.&#160; For all
 purposes of and under this Agreement, the following terms shall have the following respective meanings:</div>
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 <div style="text-indent: 63pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<u>Beneficially Own</u>&#8221; means, with respect to any securities, (i) having &#8220;beneficial ownership&#8221; of such securities for purposes of Rule 13d-3 or 13d-5 under the
 Exchange Act (or any successor statute or regulation) or (ii) having the right to become the Beneficial Owner of such securities (whether such right is exercisable immediately or only after the passage of time or the occurrence of conditions)
 pursuant to any agreement, arrangement or understanding, or upon the exercise of conversion rights, exchange rights, rights, warrants or options, or otherwise.</div>
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 <div style="text-indent: 63pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<u>Covered Shares</u>&#8221; means, with respect to any Selling Investor, (i) all shares of Company Stock set forth opposite such Selling Investor&#8217;s name on Schedule&#160;1(b)
 attached hereto, and (ii) all shares of Company Stock that such Selling Investor comes to Beneficially Own during the period from the date of this Agreement through the Expiration Date, together with any voting securities or instruments of the
 Company, or other securities or interests exercisable for or convertible into shares of Company Stock or voting securities or instruments of the Company, that such Selling Investor comes to Beneficially Own during the period from the date of this
 Agreement through the Expiration Date (including by way of bonus issue, share dividend