SEC Contract Filing

Filing Date: 2020-11-13

Document Content:
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<TYPE>EX-10.1
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<FILENAME>d40620dex101.htm
<DESCRIPTION>EX-10.1
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<TITLE>EX-10.1</TITLE>
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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="center"><B>VOTING AND SUPPORT AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This <B>VOTING AND SUPPORT AGREEMENT</B>, dated as of November&nbsp;12, 2020 (this &#147;<U>Agreement</U>&#148;) is made and entered into by
and between Urovant Sciences Ltd., an exempted limited company incorporated under the laws of Bermuda (the &#147;<U>Company</U>&#148;), and Sumitovant Biopharma Ltd., an exempted limited company incorporated under the laws of Bermuda
(&#147;<U>Shareholder</U>&#148;). Capitalized terms used but not defined herein have the meanings ascribed to them in the Merger Agreement (as defined below). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RECITALS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS,
concurrently with the execution of this Agreement, the Company, Shareholder, Titan Ltd., an exempted limited company incorporated under the laws of Bermuda and a wholly owned Subsidiary of Shareholder (&#147;<U>Merger Sub</U>&#148;) and, solely with
respect to Section&nbsp;9.13 of the Merger Agreement (as defined below), Sumitomo Dainippon Pharma Co., Ltd., a company organized under the laws of Japan (&#147;<U>Sumitomo</U>&#148;), have entered into that certain Agreement and Plan of Merger (as
it may be amended from time to time, the &#147;<U>Merger Agreement</U>&#148;), pursuant to which, among other things, Merger Sub will be merged with and into the Company (the &#147;<U>Merger</U>&#148;), with the Company continuing as the surviving
company as a wholly owned Subsidiary of Shareholder; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, as of the date hereof, Shareholder is the record or beneficial owner of the
number and type of equity interests of the Company (&#147;<U>Shares</U>&#148;) set forth on <U>Schedule A</U> hereto ((as it may be amended pursuant to <U>Section</U><U></U><U>&nbsp;5</U> of this Agreement), together with any additional Shares or
other voting securities of the Company which Shareholder owns of record or beneficially as of the date hereof or of which Shareholder acquires after the date hereof record or beneficial ownership, including by purchase, as a result of a share
dividend, share split, recapitalization, combination, reclassification, redesignation or exchange, upon exercise or conversion of any options, warrants or other securities, or otherwise, &#147;<U>Covered Shares</U>&#148;); and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">WHEREAS, as a condition and inducement to the Company&#146;s willingness to enter into the Merger Agreement and to proceed with the
transactions contemplated thereby (the &#147;<U>Transactions</U>&#148;), including the Merger, the Company and Shareholder are entering into this Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements herein contained, and intending to be legally bound
hereby, the Company and Shareholder hereby agree as follows: </P>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;<U>Agreement to Vote</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp;From the date hereof until the earlier of the Termination Date (as defined below) or the Closing, Shareholder
irrevocably and unconditionally agrees that it will at any meeting of the shareholders of the Company (whether annual, special or otherwise and whether or not an adjourned or postponed meeting), however called, or in connection with any written
consent of shareholders of the Company, however proposed: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;(A) when a meeting is held, appear at such meeting
or otherwise cause the Covered Shares to be counted as present thereat for the purpose of establishing a quorum, and when a written consent is proposed, respond to each request by the Company for written consent and (B)&nbsp;so long as Shareholder
is not prohibited by applicable Law or prohibited by a contractual obligation with the Company, vote or consent, or cause to be voted at such meeting or cause such consent to be granted with respect to, all Covered Shares in favor of (x)&nbsp;the
Merger and the adoption of the Merger Agreement and the Statutory Merger Agreement (each as they may be amended from time to time), including with respect to the Company Shareholder Approval and (y)&nbsp;each of the other Transactions and documents
relating thereto of which approval of the Company&#146;s stockholders is solicited; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">ii.&nbsp;&nbsp;&n