SEC Contract Filing

Filing Date: 2019-09-18

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>aytu_ex101.htm
<DESCRIPTION>FORM OF CONTINGENT VALUE RIGHTS AGREEMENT
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EXHIBIT 10.1<a name="_GoBack">
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CONTINGENT VALUE RIGHTS AGREEMENT</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">THIS
CONTINGENT VALUE RIGHTS AGREEMENT, dated as of ____, 2019 (this
&#x201C;<font style="font-weight: bold">Agreement</font>&#x201D;), is
entered into by and among Aytu Bioscience Inc., a Delaware
corporation (the &#x201C;<font style="font-weight: bold">Company</font>&#x201D;), Vivian Liu as
representative of the Holders (the &#x201C;<font style="font-weight: bold">Holders&#x2019; Representative</font>&#x201D;)
and ____________ (the &#x201C;<font style="font-weight: bold">Rights
Agent</font>&#x201D;).</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">A.&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;The
Company, Aytu Acquisition Sub, Inc.<font style="font-weight: bold">,</font> a wholly owned subsidiary of the
Company (&#x201C;<font style="font-weight: bold">Merger
Sub</font>&#x201D;), and Innovus Pharmaceuticals, Inc., a Nevada
corporation (&#x201C;<font style="font-weight: bold">Innovus</font>&#x201D;) have entered into an
Agreement and Plan of Merger dated as of September 12, 2019 (the
&#x201C;<font style="font-weight: bold">Merger
Agreement</font>&#x201D;), pursuant to which Merger Sub will merge
with and into Innovus (the &#x201C;<font style="font-weight: bold">Merger</font>&#x201D;).</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">B.&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;In
connection with the effectiveness of the Merger, the Company wishes
to create and issue contingent value rights containing the rights
described herein to the record holders of the Company Common Stock
(as hereinafter defined) as of a record date prior to the
effectiveness of the Merger.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Accordingly, and in
consideration of the premises and the consummation of the
transactions referred to above, it is mutually covenanted and
agreed, for the benefit of the Holders (as hereinafter defined), as
follows:</font></div>
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ARTICLE I.</font></div>
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Definitions</font></div>
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<div style="display: table-cell; width: 48px"><font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">1.1</font>&#xA0;&#xA0;&#xA0;&#xA0;<br></font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">(a)</font>&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;For
all purposes of this Agreement, except as otherwise expressly
provided or unless the context otherwise requires:</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000">(i)</font>&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;all
accou