Master Alliance Provisions Guide (MAPGuide)

Gates Foundation – BioNTech, TB & HIV Product Strategic Letter Agreement

  • Term & termination | Effects of termination
  • Term & termination | Termination & withdrawal

5. Withdrawal Right

(a) The Foundation has a Withdrawal Right on the terms set forth in the Investment Agreement. The Company agrees that the Withdrawal Right will remain in effect for so long as the Foundation holds any equity interests in the Company and if for any reason the Withdrawal Right is removed from the Investment Agreement or the Investment Agreement is amended or terminated while this Letter Agreement remains in effect, the terms of the Withdrawal Right will continue in full force and effect as if contained in this Letter Agreement.

(b) Notwithstanding any exercise of the Withdrawal Right, the Foundation will continue to be entitled to enforce its rights under the Global Access Commitments and in relation to any agreed Projects.