SEC Contract Filing

Filing Date: 2016-08-09

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>vicl-ex102_235.htm
<DESCRIPTION>EX-10.2
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-variant: normal;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;">Exhibit 10.2</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-align:center;text-indent:0%;font-variant: normal;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;">STOCK PURCHASE AGREEMENT</p>
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-weight:bold;font-variant: small-caps;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;"><a name="_DV_M1"></a>This Stock Purchase Agreement<font style="font-weight:normal;font-variant: normal;"> (this </font><font style="font-style:italic;font-variant: normal;">&#8220;Agreement&#8221;</font><font style="font-weight:normal;font-variant: normal;">) is made as of August 1st, 2016 (the </font><font style="font-style:italic;font-variant: normal;">&#8220;Effective Date&#8221;</font><font style="font-weight:normal;font-variant: normal;">), by and between </font>Vical Incorporated<font style="font-weight:normal;font-variant: normal;">, a Delaware corporation (the </font><font style="font-style:italic;font-variant: normal;">&#8220;Company&#8221;</font><font style="font-weight:normal;font-variant: normal;">), having its principal place of business at 10390 Pacific Center Court, San Diego, California 92121, USA, and AnGes MG Inc., a Japanese corporation (the </font><font style="font-style:italic;font-variant: normal;">&#8220;Purchaser&#8221;</font><font style="font-weight:normal;font-variant: normal;">), having its principal place of business at 7-7-15 Saito-Asagi, Ibaraki, Osaka, 567-0085, Japan.&nbsp;&nbsp;The Company and the Purchaser are individually referred to herein as a &#8220;</font><font style="font-style:italic;font-variant: normal;">party</font><font style="font-weight:normal;font-variant: normal;">&#8221; and collectively as the &#8220;</font><font style="font-style:italic;font-variant: normal;">parties</font><font style="font-weight:normal;font-variant: normal;">.&#8221;</font></p>
<p style="margin-top:12pt;text-align:justify;margin-bottom:0pt;text-indent:4.54%;font-weight:bold;font-variant: small-caps;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;"><a name="_DV_M2"></a><a name="_DV_M3"></a>Whereas,<font style="font-weight:normal;font-variant: normal;"> the Company wishes to sell to the Purchaser, and the Purchaser wishes to purchase from the Company, shares of the Company&#8217;s common stock, par value $0.01 per share (</font><font style="font-style:italic;font-variant: normal;">&#8220;Common Stock&#8221;</font><font style="font-weight:normal;font-variant: normal;">), on the terms and subject to the conditions set forth in this Agreement.</font></p>
<p style="text-align:center;margin-top:24pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-variant: small-caps;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;"><a name="_DV_M4"></a>Agreement</p>
<p style="margin-top:12pt;text-align:justify;margin-bottom:0pt;text-indent:4.54%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M5"></a>In consideration of the mutual covenants contained in this Agreement, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company and the Purchaser hereby agree as follows:</p>
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<p style="margin-bottom:0pt;margin-top:12pt;text-align:justify;font-weight:bold;text-transform:uppercase;font-size:12pt;font-family:Times New Roman;font-style:normal;font-variant: normal;"><font style="font-weight:bold;text-transform:uppercase;font-size:12pt;font-family:Times New Roman;font-style:normal;font-variant: normal;">1.</font></p></td>
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<p style="margin-bottom:0pt;margin-top:12pt;text-align:justify;font-weight:bold;text-transform:uppercase;font-style:normal;font-variant: normal;font-family:Times New Roman;font-size:12pt;"><a name="_DV_M6"></a><a name="_Toc83054923"></a><font style="font-variant: small-caps;text-transform:none;">Definitions</font></p></td></tr></table></div>
<p style="margin-bottom:0pt;margin-top:12pt;text-align:justify;text-indent:4.54%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M7"></a>The following terms shall have the respective meanings set forth below:</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-align:justify;text-indent:4.54%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M8"></a>1.1 <font style="font-style:italic;">&#8220;Acquisition Transaction&#8221;</font><font style="font-weight:normal;"> shall have the meaning set forth in Section&#160;10.1(g).</font></p>
<p style="margin-bottom:0pt;margin-top:12pt;text-align:justify;text-indent:4.54%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><a name="_DV_M9"></a><a name="_DV_M10"></a>1.2 <font style="font-style:italic;">&#8220;Affiliate&#8221;</font> <font style="font-weight:normal;">shall mean any entity controlled by, controlling, or under com