Provision Language
4. Program–Related Investment Requirements
In consideration of the Investor making, or having made, the Investment on the terms and conditions stated herein and in the Investment Documents, and for other good and valuable consideration, the undersigned hereby agree as follows:
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(b) Global Access Commitments
(i) Beginning on the date of this Global Health Agreement, the Company shall conduct the following activities to advance the Global Health Objectives during the Term:
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(2) The Company shall make Program Products available to non–profit organizations and public–sector purchasers in Target Countries (“Global Health Purchasers”) at a price of no more than 30% above the Company’s COGS, in Low-Income Countries and in Low–Middle–Income Countries, if approved by the Global Access Committee (as defined below); provided, however, that any non–profit organization and public–sector purchaser located in Brazil, India, South Africa and Mexico shall need to be approved by the Global Access Committee before qualifying as a “Global Health Purchaser” within the terms of this Global Health Agreement.