FIRST AMENDl\:ffiNT TO AZELASTINE COMBINATION J>f~ODUCT AGREEMENTS
`
`This AJnendmem Agreement !"'Amendment Agreemenr") is entered imo as of this 7'h
`the ·'Effecti '~ Dattn hy and between lvleda Pharmaceuticals lnc., a
`day of November 20 ll o
`corporation organiz~d under the laws of Delaware with it principal place of business at 165
`Davidson A venue. Suite 300, 'omerseL, New Jersey 08873--t 120 ("'1\ileda Pbanna.'), Meda AB. a
`corporation organized under the laws of Sweden, v.:ith its registered office at Pipers va~ 2A, Box
`906. SE-170 09 Solna. Sweden, (' !v1eda AS"), and CLPLA Ltd .. a lim ited company organized
`under the Ia v of I.ndla and having a place of business at tv!umbai Central Mumbai 400 008,
`india ("'Cipla"). Mcda AB. ?\ltda Phanna (together for the purposes of this Amendment
`Agreement the '·Meda Pa.nies .. ) and Cipla are som times refcLTcd Eo individually as a ''Pany'· and
`collectively as the ·'Parties.·-
`
`WHEREAS, pursuant to on agreement between MeJa Ph, nna and Cipla dated 13111
`November 2006 ("American Agreement"'), Cipla granted Meda Phanna (previously known as
`McdPoimc Heallhcarc lnc.J. an exclusive license 10 marker. sell. import and distribute the
`Product in Llle Territory an l to manuturture anywhere in the world 201% of the Product
`requirement for the Terrilory (a en h tem1 is det1ned in 1he American Agreement_). The
`American Agreemem uJso includeJ <1 right of Jirst r~fusul to a..:quire an exclusive license to
`market. sell, import and distribute the Product in ccnai.n other countries in Europe and elsewhere
`os stateJ in the Ameri~<m Agreement.
`
`'WHEREAS, Meda Pharma cxcn.:i cJ such right of lir.:..t r·fusal unJer thl! Nort h American
`Agn.•cmenl in resp<!cl cd· the relr.'!\'ttnt countrie · anJ pursuant lv an agreement be-t\ een M~da AB
`;:md Cipla Jated 7 S 'ptembt:r :2009 t .. Euroo •an A!!reement .. ) Ciplu granted to l'vteda AB an
`exclusive lic..:nst! to murket. sdl. impon ctnd di tribute tht: Product i11 the Territory (as each tenn
`is dciined in th~ Europe~m Agreement):
`
`WHEREAS, The Parties h,we muwally a,rccd t L) amend the lL'n11S of bO£h tht: Ameri ~:an
`grccmcnt and lh
`r:urL'pean A~rccmcnt m 1he t~nn:: of this Amendment Agrecml.':nt .
`·ow. HEREFORE. in
`·on:.idcration u!" the rights and obliptions set forth w thi .
`.'\grl..!ement. <tnd intenJing to be k:gnlly b ll!lld. the Parties ng \!Cas to! lows:
`
`AHTICLE 1- DEFINITIONS
`
`Any cupi£alized term us..:J in this AmcnJment Agrel!m •m :hall have the meaning
`ascribed to il in the Americ::u1 Agreement or the European :\;,trec-mem as appropriate pro,·id d
`.tlways tha~ the 1~"110\\ing: capiwliz.ed term shall have the t\)11~1\-l:ing meanings when used in this
`\m~ndmenl Agreemt:nt, and all terms delincd in lht: ·ingular shall have the s:une meanings
`whl!n uso:d ln the plum! (and vic.:' er:;~t. as upprL>pt iatc). tmless olhcn' i::-e specilied:
`
`.. AJvnnt:e Authorisation"' 111 ~ans a permission n itnpon or export
`1.1
`., · f'er the provhons of the FNeig.n Trade P•llicy 0f lndia:
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`- I -
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`PLAINTIFFS'
`TRIAL EXHIBIT
`PTX0282
`
`EXHIBIT
`
`HIGHLY CONFIDENTIAL-
`SUB .. IECT TO STIPULATED PROTECTIVE ORDER
`
`MEDA_APTX03490423
`
`PTX0282-00001
`
`1
`
`CIP2050
`Argentum Pharmaceuticals LLC v. Cipla Ltd.
`IPR2017-00807
`
`CIPLA LTD. EXHIBIT 2029 PAGE 1
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`1.2 "Calendar :.Q@rteC sliatl mean each success.i\'e tfu:ee {3) month
`period commen•:Jng 1m January 1, April J., JulY Land bctpbe.t l.i
`•-:· ~amp.le . Unit ... 9f . f7 . .9.9~sr~ shaH nle.axt a 28 ... mete.r.~d: :tlose
`t .. 3
`presentation of Product as further definedi~ ~d:t,edltle A..
`'"Sample Unit of Proctuct TranSfer Price'' shall n:i~ four US
`1.4
`Dollars ($4,0D} per Sample Efilit .of Product (on an FCA Nfiiinbai basis) in
`ri!s,Pect of 'both tn~ North .'·\merican .~gree.rnen~ un<! Jlw E~ropeati A¢reernent
`The Sample Unit ofProductTransfer PTic•::: shall a:mo~ti()al.ly i1;1crease py flve
`pe.rce.r~t {5%:) ev-e.ry three {3J years vv"itb , such priee increase :b~hig effective
`from. 1 January Df the relevant year, the. first .St1ch prii.,"'j increase shall. :be
`eftet.-tive fi'om i Jariuary 10t5.
`
`'"Trade Unit of Product" shall rrtefUJ.
`<;~. 120 metert!d do~e
`1.5
`prese!ltatiqn of Product as further defined in Schetiute .A wgetl!.er wjth ~my
`oth~'t iin.it PfP!'oduct thal is note. Sample !Jnit o.fPro.duct.
`
`L6 "Jra<;te U:n!t of Product Transfer trlf~'' shalLrnean.six US Do liarS<
`(~6,00) per Tt~de Unit of Pn.,"-d,uct ( o.n an FC.t\ Munibai basis) in respect of the
`North American Agreement and !l.vc US Dollars and fifty <:¢llts {S:S50) per
`Trade Unit of Product (nn an FCA Mu..rnbai basis) in respect ~fthe European
`Agt>:!<!rtli!nt. The Trade Unit of Product Trm\sfer Price shaH at!tomatil:ally
`increase by five percent (5%) every tl:>.n:!e (3} .Y·ea:rs with such price increase
`being eHhtive from 1 Jam~ary of the rclevan! year, the first suc:h price in~re~se
`shaH be effective from 1 Janu:o,ry 20lS,
`
`ARTiCLE U.:. AM~;";ND1\1ENT OF THE AMERICAN AGREEMENT
`
`Amendmen,! of the:_de1Jnition ofNer. SBJes. Tht' ddinition nf 'Net Sales in the
`2.1
`American /\gn:\f:ment shall be ddeted and rcp!accd by the following defmition:
`
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`'',Ve,;_z Sales " shall m£tan the gross amount invoiced by or fJn behalfof.,vledPcime,
`any ofl.ts Affiliates and!or any of its sublicensees to Third Pw"tiesfoli sale ofrhe
`Trade Units of Pr<Jducl, in.fiFt.i.shed packaged fimn, in rhe Territory, Jess, :o the
`t',>:ier>.J deducied from or on such ir;votce consistent with !FRS. consislemlv
`app!fec.~ rh;.: fi:i!:;nvin:g items: {i) quanli(J?, ti'ade or cash discounts, chargebock;,
`tz·n· ···,':•t·lino- ~.,;•n1 o· •t·l r,·,,J-!7•11'"'' 'll''" /'j Y/d .~fl frea1e1··ai
`l ·er'T'1S r,lln·vcnc-c> c; rP"t·t·• <:
`~ • a.. "'~ .. -.. -. tf;
`. l~ '--< . • vrr 4-
`swte or local gowmment n~ba1es) and price uclj<t;tmenL~~-
`to 1he extem actuctlly
`allowed; (ii) ,<;afr;:s, customs ~md FJtha exc!st;: wxes cmd dulies or similar
`govf!.rrmumtt~! churg,;s dir::cily relwed to such sal~. ro the extent such items W't:
`inciuded in the gross tnvoice price; (iii) cunoimfs actually r¢jimded due to
`rr.!jrH:!e,1. spoil~:d damaged, outdated or returned Trade Units of Producl; (h~)
`.freight , shipme.m and insurance cosis o.ctual(r incurred in Jransporrfng Trade
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`HIGHLY CONFIDENTIAL -
`SUBJECT TO STIPULATED PROTECTIVE ORDER
`
`MEDA_APTX03490424
`
`PTX0282-00002
`
`2
`
`CIPLA LTD. EXHIBIT 2029 PAGE 2
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`

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`::~:;rt~~~t~~~~~~1·~.!;:::a::~i~Jh1~E~~;;s~:t::~b::!e~e~f~1~'{:~ ::~if:;; ..
`~r!zi~i'=~::ctr~~~~J;J::ir;~£:::
`
`Sl)c;h, 'i]rg/Je .tlrUt¥ rff.frorfw:t ~~h:a({b!!. deemt=#fc be sol(jat tf{e :cj·~-er(lge sple~pri'ce
`ift:~l'i'ngt'J:if!.·qppJV;:-qbl~ K!3PIN'fl:i1gp~?ri<Jdgq,nerallyacilievedfof sJ.mh· ti~a(ji Units d}
`Product Jn the a;"~lh:able .iiorii1t.r;i in tJi.e r~:rdtory: when: .such Tir,tde l;J!:ti.is ;:.if
`Broi.lW:t: ~'·SQ:lddl&ite c;f?.if noTVdth O:th(!llf?J;QJiit!.1t£.
`·
`
`· tL~ . . .:'JC,ilt:ch.ase Onier~_cmd j7rJre£{ft is .
`
`. (i:Jfttt .'l;h¢. .(!tninl.nt SJ)etifi~d i n n:!~pec:i ol the flh•fr lwiJ ·(2) .CalrMd& Q.~iliftgrS m .{?aC{'i
`·~~:~ofJI1~£~:;!~:Jt~~~~~£~;~:~~~;;;!:~o;:d;;~~:::::~~l~~\~~:~;;:.;;J:J!;!
`{n t.lf!flf!IP1JrJJ: eq!Jql tr1 1hiif fpr:ect:~sr £!JTIO~Jn!; aru[ i'vfedJ?(Jinie :shall i~wue . .Purchase Oiders
`· ~9h[c;Ji ~Jn:~.ii J:rii birriliifg and itrev(icable 'ptwsucmt to Set:iidn t\.1 cJ,.'pecffting i{itantkus
`tind'i!eli\'e.ry ®res from tinr$ t6.til1te d!iringsuch Cr1/ei1dat Q!!Littets {/Jt(tw'l:easrnir. .. ety
`fM) days·pJ•i{)r to the exPf!ct?d iltdiye ry date): The mn.ount specified i'~J hJ.Sp~c( pfihe
`tliirtf;t.utC/fowthCPlen4w.· .Quarl ers ,Qj'sur:hfottr t4) ·CoJendar Qua.t:terforei:iiit shall not
`be biiiding ()fi Aiidi'cf;ue. Cipla ihaU il/..~e its coiliri~ereially rea.:<;oruihl4 .. B;(farLs to mi!ei
`!1/JedPoinl~ 't teqtrested deliver}'' dtlles., afi.C shttll a.drnowleLige tk Purch;14r; Orders
`w}Jhir,< ten.{!O} dtzys after the date C4~1a receives each applicable (;'Onjormin,,_r; Purchase
`Qr:de'' qJ1dprQI!ick lvle.dP o.fnte · wi!h a delivery schedule. For avoi®n.ce· ofan:jdaubl. if
`rh,e PtJtchii!,~¢ Or.der rj?~ontifi!?s are !~sj;•Jban t he: hindingjorecasJ, llte'tt:MedPoinre wtU
`p(f.yj()r .')ny Sl,lt~9his (ptiin'liiie:.· mant4fi;lf/lUtf!.d by Cfpr1a per ihe binding fo?;e.casl al the
`Trrid.v..· Vrlir of .PJ''ocfucr TrMsji?:r Prirr:r. AJ~t~. if l•iedPqi~1te <:c(nceli (Jt~ moa{/i!.!S a
`Putc./ws,e ON.ier; . Me.(./Polnte sJ1alt pay j or tHU' batches already · in.aritiff]j;t~lt'f:d by Cipla
`antfj{,r the · bakh,.fn progress tU the Trqde Unit vfProdut:t Tran~fer Prii~e anclJhe cm'i
`q[any AP[/??,qw ~~!qtr:ri:a! or P'tckhtg maf(!i'fc.li procun:.d ?Jy Cipla to . Meet .MedPointe 's
`Purchase Orders and forecasts wlw..te suchAP.f!Rcm· Maierial and!ot packing mu/t;riai
`ctJnl70f b'i3. usedft•rfiih!r.e batt.:ht•s.
`
`Anien4~.!1L.Jo SQ.ctiol,L6.6. The Parties have ~greed. that Section .6,£• of the
`203
`~,meri.can Agreern¢ht ~h~ll .i?~ de1ct~d and :replaced by ~he fi:;lllo,;-.ring;
`
`In c(msideration f)j the · ,'i,UJ?pty of Prodi~(:/. to. kkdPoim~,
`;Trade Pr:oduct;
`(u)
`iifedP<)int¢ shr;tlipr;;y Cipl'a ;,:r miniimim. of/ 5% of rhe 1Vet Sales ¥ ecu:h Trade . Unit of
`Product that is deliv~re.d to customers in the Terrimry b.~· or on beha.[foflvfedPoime,
`any vf its· A!fiiiaus ::md/or m~v r.l i!s sublicen;>ees during the T~rm. Such payment shalf
`he macle in thefolloH•ing nvoportians:
`
`HIGHLY CONFIDENTIAL -
`SUBJECT TO STIPULATED PROTECTIVE ORDER
`
`M EDA_APTX03490425
`
`PTX0282-00003
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`3
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`CIPLA LTD. EXHIBIT 2029 PAGE 3
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`MedP;;JJn,te shalf pay Ciplcahe 'Jradtr UnirojPri.JducJ transfer Pdce in r&sped of
`(i)
`ea~h T'r•g@ l}t'tit ~{Product ;5.upplied-by (,'ipl((; paym~nt jor such Trade Units o[Producr
`s/Wll be · due~ .\vfthHl .lhfr:y '(10j d,ctys of del tvwy ofav,: {!rvoice by Cip/a,. soch im.'oice no!
`to be:sentprfodo <lispatch qfthcnd£J~:qnt T'rttde Units~ q,fProdw:r.
`A:iedPoh~t¢- sbalJ 'each Calendar Qi;ar.tf:r pay Cipla 15% ofthe Net Sates ofeach
`(ii)
`Trade Unit of P-roduct that is d:elivered to customers i11- lhe I'errhory by or on b-ehalf of
`i\-fcdPointe, ariy of iis Ajfilii:iies 'rind! or tin}' of iii> s!'!blicehseifs di'ttliig that Ccdendar
`QuaNt{r le~5~' any Trade 'Unit ql Product Tramjer Price paid puJ.,~uaftl 'to Section
`6: 6(a){i) by J'v{edPob:le ro Cipla in tit5JNC/ of sw;·JJ .Trade {Jnir of Product. For rhe
`o:Yoidw;ce.o;(d()?JlJi; whqrl} such Cff110 lf.rt1: is a negari'ye n.tel11h~r, n(J refi•nd ~~{(my payment
`-..., <, ,1;,, u· 1•'1e"' S'-"L' 1J.Of1 "- 6;fraii(;:j· •·'•n."l'-·--d•t(e· ''' ,;'-'irr'"'"'l'-'
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`(bj _ PawiumrunderSei:tign ~6(a)(ii) : MedPoinre shall pay all amou.nts payable
`imdei~ Se¢tio'n·Q.:.6(a)(ri) wlthfr. sit(Y (60) -days of the end of e.(ith Ci.lierida.r Quarr~r i;md
`at 1-lie sqm.,; lime MttdPoinie shcJU provide Cipla wiih :a· wriiten sta£emeni rf!,:rm.Hng Ihe
`cah·utation of the i.'lmouni pc.yabie under Section 6.6(a)(i~j in respect ofsuch Calendar
`QMarter crnd -in p{nih::ular.· (!) ;he -Calentfar Quorter flJr _which sw:h amvwm: were
`c-aleiilatecl· (IO tl:iE nm:t~ber of 11-ade Unit.r ofProducr deliver~;·d ia cusrmm:'rs i11 each
`country in .the Territory-by of. oti behaff <if A1edPoiiile. ·any af irs Ajjilfates and/or £my t~l
`i.:s sub!icens~es during .~u:.:h Cai<!ndar Quarte!·; (Iii) the numbir ()_{ Trode Utiits of
`Producr mam[fcrctured by or or; behalf of Me.dPointe, any af:its Affiliates and/or any of
`tis S24b!icensees delivered to eusmmers in each cmmtr..v in zhe Territory b;· vr em behalf
`of.'.fe.d}?ointe, any r.~( its Ji[Ji!iau~s andlor m~v o.l irs sublicensees dv.ring such CCJ/endar
`Quar1-:r; (f".;j the I~J.tal amo.um invcic.::d to cu~tomer$ in rt:specz of the T1·{~de Units of
`ProdHC{ d~;;:l!veted to c:uslon-rers in each country in the Territmy by or on bdw{f c:f
`/1-fedPointe, any of fn; A_t]ilio.te.s and/or any of its sublit,er;:;ees during such Ca/endut
`Qwrrer:(v) the Net Sales Price. ofeac:hTrade Unit of Product delivered to customers in
`ead1 txmntry rdthe Terrirmy by or on behatl r:JfMadPoinle. any o.,fits Atllliaies and/or
`~my of ft;r szd;;licmsee.~ during such C:.rl-endar Quarter; and (vi) the amowz! under
`~~ction 6.6(a)(itj due and payable in respect of such Calendnr Quarwr_
`
`f.'t:) !Jjght o{Audit: MedPohlie shaii keep prqp.Jr records and books of <-~ccoz.mt
`showing the Ne1 ,)'alts Price i{ each Trade Unit ofProduci delivered tv customers in
`ea.t:h coun r1y h1 the Trm•itory OJ' or on behCJ.lf r~[Mer:lPointe. any ofils Aj)Uit<!I!S and/or
`any of its sublicensees for 1hree Ca!enda..r Years after :he Calendar Yeor in which such
`deliveries are !P.£de. Such records (md books shall bf: open during normal business
`hr.nws m impecrion <md tJ.?i.di!. by an indej:>rmdenJ accof)..ntant (lppoiJtted by C.'!pla and
`rrtasonably acceptcble to ;\Iu!Pr.Jime. There shaU be a maxhnum o.l' one mrdi! per
`Calendar Yiiat -(md no t1udil sh:.~ll be undr:rt,tk~:r. m.ure than three Calendar Years ajt&r
`lfw Calendar Yzar to which it relates. ~f such inspection or audit should revec~! that
`lrfedPoime Juts zmderpuid the ttmounts payoble o-nder this agreement, J.f'edPointe shall
`i'mmediau~iv make up the shor:j~~!l and in lhe event ilu.u such w2derpaymem is more lhan
`five penxmr (~f the amount paid A:fedPoin!'' ;:;hail refmbunt' Cip!a in respect of any
`prof~ssional chargrts incurred j!N' suc:h attdit or inspeclion. Such obligation io keep
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`HIGHLY CONFIDENTIAL -
`SUBJECT TO STIPULATED PROTECTIVE ORDER
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`MEDA_APTX03490426
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`PTX0282-00004
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`4
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`CIPLA LTD. EXHIBIT 2029 PAGE 4
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`l~W£4$ ;g_t:JrUI'J~; t~ghj p}~fnspe:cijpn; f/f<lJp!d slf.afltemairr in. ~(feet for .qp~ri:oc{pfofre ·(J)
`1~w· :~ft~r:ihr? iet:mii!Jation· ofzfrL"' fJ.gt$e:rn£nJ;
`
`}Jtfeil~'rJ~tiJ'fi;'j} qzidi~or:s q{ the ;atb'1'egpte Net Salt!; Pile~ qfT'rack D.}Jffs, .q{ Rrtf(l11.c:!'
`
`... ~~~~~Z~Jtf~~~:~we4B~~i!t;h:Z8~;~~:~·~; ~:Z-~~~·~I!u!:~~;af::::{!.~J;~·:J·
`·::~~~~··:;d::;~;;.i:1:£~:~i~:::~:;'~ s:~~~q.~:rJ:m;rm~y~n~;:;::~~::&e ~~,~~-
`'!~41!$/<lJ! ·r:hai · '()'qlentkrr f~pr ·f!Jtcl# .ihis cll;l:use. .6.?i,. {ts-ueh stcilenrent $11QJt~:;; ;tl?at ;th~·
`.~:~~:!~:~:~~~~j::~~~}t~~~-~:J!ii~;~nf>~~;':[~=~=~~~~;;.~;:;:;;~:~~J~:-~i;~;
`· dff{e'fiinciiJ:{ef~Vc~t!h ti1e d!i:iiJil.nr paid and tfre amoilnt iizJe. ll~'ikh stC!teJ""e}~t.shoW~ lMt
`ifiit rirtil)}J.,W,rJIJ.e. hy Mf!DJ)aici?te t;Iess than. the: amount pai4 M.edFofrite .$}iii& !Je. -e:ntiil.ed
`to. :ded_uct 'J:~t.e./)i '(!l'WI!nt.from -Q'fJyji4urf!';l!fJ)im~nt'f du:e: to qpl6J. Fora:voidance .ofdotlbt; .
`. ·.J'Jf!• 'lJ!i)TJ~fh.lel:1t. !'o/ . d{:di.;dions pf su,cb 4111ourf[ co/l . be ;rr,~qd~ fi'P'm .PtJY!11Jl/W ;1~ti!Jr: W1der
`$kqifft!~ .~J'6~~J(i} ·~p )rlf~f]Ppifl1&.;
`
`lti co'rtsideraiio:n of th~ siq2ply pf Sampl., Units i:Jf.Pro!luct to
`{:e} SampLeJ': ..
`1Yledtb.~iit$, MedEointe ·shall pay Ciphdhe Sample--Unit djProd'uct Trr:ms/d'r'-f'rif:e in
`resp~c.t 1?[ izac}i; $'an1}:J~e [Inil" ('if frod!{c4 supp1fe:C}' by <;'iplq_; JJa:ym~nt. JPr $]1.C}:r Sample
`Ui#r -<ifl'r(Jifilt;t ~·l;p:l~ hEr d)le witbif~ thirty (3()) days ofd_;;Zivety o.f aiJ tnl!oh:e; byCiplq.
`: . .<!ttr;b'JnvrAte•not to·'be .'$eiitpifor rei dispmch ·ofthe re-levaJit St~lf.!lJle Untls .of1!rodueL -
`.~unt;~i~:~~=~J~~;tjj~~:~adh~o~~;::d~~{ r/!st~fri;::~z£%P);i~~~.~f!;~~
`d/SW:npt"e' [fpJi[jg q{ Er:O'dw:Jiquaf in number rr.rthe Trade Units of:Producfpiirchasedhy
`MedBointe, Jnedch successiw~ twelve (l2) month period, ;the firr;t~fwllir;.hcommrm.cing
`Q!1' (fiq. f,hfr4 (!"':1 Cll!.'-~h,.,et-s_.c~JY o_lthe Lauru:h ~?tilu! .Pro duct f.n ~h« {.;5 ilte· _S.ample [}nil of
`P'toduci' J'nmsfer Price ,,·hal{a.pp_ly T( l a niaxi mum of Sample (Jnm· <![ /'?'pduct egualto
`th/rtyper~'et1f (3;Q%) tJ.f the total>nwhber of[/nit.~ ofPruductp urchqsed by-MedPoii~trt 111.
`such: N'elv:e· month perNJ'd and tlfi.,i ' Sr;anple Units 6_(Ptoduet ordered 1n e,ttess qf th.e~·e
`..
`lttnits shailbe oai'd[or l1Nhe re!ewmt Trade 'Unit of Phiduct Trctn#er Price.
`· .
`,.
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`The Unft of Praduct Transfer Prices seroui b1 ihis Clause
`{g)
`.ILZ:el'astine .(~osl·
`6.6 ·fi6f1Pt includt! the (:osl o}/l:::~lg~tine API "tt>Mck wiil be supplied. by Medfofntefre.e.
`of clicu:ge· tQ fipla. 4f Mt<dl!oint'¢ ~s 'co$1 ()ne:t.uding ctny co:5t related to obtaining em
`4dvtrJ_2t;e A:uthori$·gti(Jn or 4Wies Ql' !'l:n~e.~· rekttf.d t o tJw ftnporJQtlon of Azeia:;;(ine ,4Pi
`iiw> l>vl. ia) asfJeifh~ {f!t·ms tJf this A_r;r:.utn1e;'1f
`
`.
`
`,A.:,.T?.TICl$ JU" A.1VlENllMENT OF THE EUROPEA.N AGREEMENT
`
`Amendment of the detinitiou ofNet SaJes. Tlw ciefirdtion of Net Sales in the
`3. 1
`European A,greement shaH be deleted and replaced by the foHow.ll1g definition:
`<1 n,
`) A . ~
`
`-S-
`
`HIGHLY CONFIDENTIAL -
`SUBJECT TO STIPULATED PROTECTIVE ORDER
`
`MEDA_APTX03490427
`
`PTX0282-00005
`
`5
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`CIPLA LTD. EXHIBIT 2029 PAGE 5
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`

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`''NetSo.J.es" s11:alL"f!iiJ)J.n t/:1~ gr.ps§ i;li~I-QUPI IJ1YQ.k¢d by or on. beha?{cif,'t:ie_dq, anyp{it_sAfJWal(!s
`andior a~y:ofiis sub.lir;ensec$ to·J'hiulPayfies]ot sa)e ofihe-1rade UJ1its .of Pr.odt~cl, Jrz]inished
`f.>ttclaig~djQ.riii, $!1 tJte Terrifdr~ :le~'-~-, 1a ti1e .ex1<:nt ded'!<ci.et{.lrom or c)nsuch it:iV.o1c::e,coris:tsl~m
`With lif:RS: coiisistenfl)' (l_ppite.d, the follcniibig 'item~~:: (i) quantity, trade o}• cash discozirzts,
`ch.-'1-rgg/iaclcs, te ~Uit'.S; · ql!q•vanc.es, .. rebate.s (inrl u?fingw/thour,{i;m}taticm lltty qnd allfederaf; S{ale
`ar locdl gover,nfjienl rebates) qruj pri ee aiijustments, to <the exteni actually allowed; {ii) sales,
`.i;l/.sto;m4ndother e..'icise·taie~· andd~Lies or similar governmental charges directly--reldtedjo
`$uchsti/#, toihe 1J.X1ent sz~ckftems we: induded(n·the gro.l's.invo:tce price: .(fifj amounts.actually
`refiiJ?.;ied'dzte {'N.eje;;tgd, ~o.ikdtk!.tnag~£1;,. otJrdatedbi :i·¢flln:red·'f'rqde thiii;c;-pffrodut:c (M
`fi'eigbt~ sli)pme_m cmdtnsurance, costs a,cruc~l!Y 1ncyrred in ti-an~pontng Trade Units ofProducl to
`· a; TJii~-J:et!r~v'pui.cnaser i.cnd ~'<{pdrdtely iiivoit'ed; and (v) amoilnis deducted Iiz accor@nce 'with
`1FRSas:t!fpOrreihttA1eda ~s- cntditr;4,cr~·cotJtzts; }r~ Lhe castolarty sale ofTrade t rnits o/Prodiict
`to q T.hitdParty by;p~ on-behal/'(JfMe,t/(1, '?I?Y (~fits Alftlt~re:r ancl.''or mw ofits sublfcenseesfqt
`considftratiimoihet.Jhan monetarv consideration. suckas barter or countertrade, such Trade
`Units o/P:1'oduct sJ1iiJ.!.biuieemeim be sold dt the. average s~ilespticeduj'ing lhe dpplicable
`r~pori{ngp?ri(.Jdgene~a/ly' aihiel~edjor sijch 1hJde UJ:til:S oj:;irodzwtinihe crpplicab/e .c_mmTry ln
`tbe Ter.;ritc11:v v..>hewsl:lch Trade Qnit~· pf Pr?:Jduet is so!dal.vne and n.CJt with otherprodur/.s.
`
`3.~ Amendment to Section 6.2(c}(il}. The Pfutie~ have a:greed that Section 6,2(a)(ii) of
`the Etu:op~n. Agteement:s.hall be d'c'leted'andreplaced by the follo?:ing:
`
`6.,2 Purchase Orders· and Forecasts.
`
`(ti)(it) The amount specified in respect of the firs( M o (2) Calendar QuarJers in etJch
`four (4) Cal¢Jidar Quat;tar forecast provided by lvieda umler Section 6.2(a)(i) hereof
`shall c:onstitu.te a binding orderfor rhe Producr dliring those Calendar Qua1;ters' in em
`'4mount equal w rhe forecast amount. and Meda shczll issue Purchase Ord?rs which
`shaH be bit1ding .and irrevucable pursuant to Sec/imt 6.3 specifying quantiiies artd
`delivery datesj !·om l.inu; to tim!! during such Calendar Quarters {bul at least rtineiy (90)
`days pl,·ior to the exj1ee!f!d de!ive1J' date/. The amountspJJcUiecd in respect of the thitd
`andfowth Calendar Quarters <-~!'such f our {4) Calendar Quarter jotecast shc:U 1101 be
`binding on Meda. Cipla sf:.aU use lis commerduily reasor;able effort· tQ meet Meda 's
`rltqu1.1sted delivery dates. and shalt acknowledgr: the Purchase Orders within ten (10)
`days qfla the date Cipla receives each apptkable r:onformfng Purchase Order and
`pro~·ide Meda w!rh a delivery schedule. For- CJPoid.ance of any drJubl, if th-e Purchase
`Ordei' quamities ure li!ss than the bii<dingjof"ecost, rhen Meda will pay for any surplus
`cp.mntitf.es ;"'hcmufactured by c;ipia pt:r the binding j.?recast at the Trade Unit of Product
`Trcmsjel' Price. Also if Meda ccmcels o1· mod{f'tes a Purchase Order, Meda sb•ill pay for
`uny batches already marnifactured by Cipia and for the batch in progress crt the Trt1de
`Unit of .Product Transfer Price and rhe cost of w;y AP !/Raw Materia! or packing
`'
`l 1
`. ~ h
`0 d.
`dj'
`h
`matena1 procurec D}' '- tPia to Jv;eet A1e(ta ·s rure. ~Jse r ~ers an. orecasls wnere sue ,
`'
`r
`APJ/Rav.· J\1aterio.J and packing maieri,r! cannot be. usedfiH-_jiuure batches.
`
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`A..tneq~.:!:rnent to Section 6.6. The Parties have agreed that Sectiqn 6,6 of the
`3 ":i '
`Europ¢.~'1 Agreement shall be deleted m1d replaced by ihe following:
`ri, ,,
`\ JQ
`
`~ 6 -
`
`I
`
`HIGHLY CONFIDENTIAL -
`SUBJECT TO STIPULATED PROTECTIVE ORDER
`
`MEDA_APTX03490428
`
`PTX0282-00006
`
`6
`
`CIPLA LTD. EXHIBIT 2029 PAGE 6
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`

`

`Jn .<;<Jitsiili;tation '<7f the $!jpply a;f}'rpdt{¢.l ta Jyted(l;;. Nleda
`·(4)
`.Trade.PtadutL
`s.k,;allp~y Eipi6 '~ ;;1intmm:~ of H%:.q·:fhe ?vet &t~.s· iJl~t!c.h irrt4<: 'Ottit ~fPrqdit~;l: tfmt:
`.~n~fi~:,::·~t .~~s~:;~~=~~~;ei~:;~;a~~~fe;:~n·t:~;~::~~~~j{£f~;:~~a:;: ..
`
`~ .
`
`··..
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`follo,!lingtwopropattions;
`(f) M.edp, shpJlpqy (Jipta i/ie Tracf.e Unit:ofProduct'[n:JYL,5/I!r Prie~ in J"fl§petit of each
`Ttt;.dr; fllntt i.![Prodl.fc.t $llflplied !Jy Cip!l1>.paymeutjor. such Trade t/nitSi qfl!r.o.tlw::rd;w{l
`.iJ.rt.. #tie }!!itbirJ thirtY'(J(Jf MYtc<>f deliWtlt't:oftt'fJ: inv<Jti:r;by Cip.ltr; s~!c'b, ;lnvof,;in-zouo be
`.• ~i:nltii:~i~Ji'· ro.J.is!)iHch tif"il@ t:el~vcinl .'lrdie:. {J{u'ts cifi?t:odu<;!,.
`(iij Me,.da,JJ'hail each Caiendar Qtiarter paJ>'Cipla 15% oftJie 1'/etS.aleJ;'of'e!ii:h Trade
`Uhiiofl?roduciiluit i~· deiivew:d tq :fiusio,mer.'l'in thY,? 'T~rrltotyby nr on 'bi{/fa}j)i-;_1/v!eda,.
`·flJrY ;;c{it~ ·4f1iRci.r#s ~m•tl11.r (f.nJIOfii,f s~!Jlipep,~J!~s rlwrt<,1g,tiwi (/d/fp~({qr QlJ~rtcer lfi!.:SS: qny
`Trw:ia tlnJt· o;l Pl-od1.{c{ Trcm:~:(er 1">t}ce paidptir.~·@ni tq Sectio11 ;Q, (){c)'(~j ~Y Nleda ttl
`Cipla in ve~~pt?.t:t oqf;~'ftth: tnu,t~: Ur.Jt alPYoilutt For: the t..tVoiclaJtce oJdo'tlbt whm:<> sz1ch
`rmioum is ·a. negi'lti've mmtber, no re,liznd ofaliypi:iyit~i~t m~;rcle UJider &t.tioh 6. fi(a)('t)
`sht:lllie du.f!/tl:i M~d.t?(~hite.
`·
`·
`·
`·
`(b; Medi:i S.lta!i pity· all amounis pti.J'<7ble ·under Section 6>6(a){Ii)within sixty {60]
`drlj'S Q[the !!nil q[ :ench Cai~n{.tar Qu41'f<?r an.t! (I;! th.e same .tim~ Med.a ~ha:!] prp.vide
`Cipfr;;t·wtth a written ~!CJI~m~nt t'e()ording 1h1J calc!lfarion ofthf;! at}10Ufl.fS.{J.CI)labl(! Linder
`Sec:ion 6, 6(a)tii) in J·e;>pe<:t af such Caleiidar QJ<arrer <:md ir. pwtit:t~lwc (iJ the
`CcJendG.r Quartt:r lbr '•vhich such .m.ni:!'vitls Wtu·e cafculated; {H) the nuniber o{ Trade
`..
`...
`UniJs fj_{l+todu,ct d¢li\li!.red to c'usialn.er~ il? .eai:k :co unity in the Territor_P :by ar i)fl behalf
`<!( Me4a, any iJj ·ft;'J AlJiliates i:mdlor any ofits sub!k~nsr:es during .~uch C'9iendar
`Qrumer; (iii} the mtmb~r rif' n·ack Urfits ofProdu,ct manufactured b.r~ or on behalf of
`:Meda, q17.v Q/" hs ,4..,{(tJiates :.:mdl<>rany 1Jj' !{i< suiJ!feenseJJ,'i' dd(wmed to cusromers in each.
`cmmt'Fy iru he Tf!.niiqry by Of" pn l;e half of Aie·{.(i:l. 'my c;{ tr.r A.ffiltctres <md/or ?my af it;;
`.mblit:{/nsi!e ~· durinJ{)!uch C:.deir!Jt.tr Quqi·ter,- (i>•) thf! loft;! w?1inmt invoh'ed !() CHS.to"ou:r s
`Ji'l respect ofthe 1)-ar)e t/liU.~ ~?/Product de/lii&red to c~rs!omet.s in EW!;'h cmmtry in the
`'territory by · or on b~half >"),/Aleda, any of' its AJJWates andli:tr any :Of trs su.blicensetts
`dti.rirrg such Cal~naur Quarter;(v) the ,Vet Sal-?s Pri<:e of eadz Tra4e Unit of Product
`~JeiivrJrtldto cus~omers in f.!ach country of;he 'I'en·iwr}' J,;y or on htth!1ifofA:!!2Lla, any of
`its iU]iliates qn?f;'or ~my oj' its .sublicensee.s during such Cai~n,dtu· Qzwrti:r; a.fl<.f' (vi) the
`rJmountunde;r ,'>e<.:fifm 6. 6(n)(ii) 4ir~ a1'1d pi1yabl¢i n rr!Sp?ct c~f such ('ale,rlr:ktr Ql/.(lr!er.
`. - ~__,_ __
`fto"' Ri&hl ofAudil.'
`Net .Sales Prit:e <tf ea(·h T1·ade Ui>tff a_(Pruduct delivered it.< customers .in each c.m.m,ry in
`(he T'erriM1y by ot on beha£h~(A1eda, a;~!' of irs Ajfliiales and/<w any tifits sublicensees
`for three Cd!:!ndar Years ajier the Calendar 'lear tn which such dGliv(!rf;;.s are made .
`..S't.1th i·econl,~· qnd books shall be open during norma! 1Jlfsiness hours to inspection and
`audit by an independem p(·cowzlGmt (;pp!!inted by Cipfe and reasonably accl!ptqble /o
`
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`HIGHLY CONFIDENTIAL -
`SUBJECT TO STIPULATED PROTECTIVE ORDER
`
`MEDA_APTX03490429
`
`PTX0282-00007
`
`7
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`CIPLA LTD. EXHIBIT 2029 PAGE 7
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`Meda..1"her'~c.~hal1 :be Ct:':!JI¢1n.tum ofmre -c:mdh pet CaliJrular 'Year al.tdtz:o c1Udii shal71;e
`underiaken-nwre-tliiu:i-thrN-Caler.iiar 'Yetirs a}i·er the: Ciilendw i'edr to l·1thii:h ii relates.
`J/:suc.JJ ins..J:Ji;cJlon 6r audii skuJd t.e~~eaiffmt Nfeild licii ~iulerpciid tlu!~il)hou:ntJLpaycible
`unt:i_(!r rM.~ ag r et;nJftfll1 ?Vef/cr s'bJJ.H rmm~tiiwily.make up the shtJrlfall imd li<U he event
`tha:t such l!ncfe.r,pcry;Mnt is more iban; ji.ve pert,:-rtnt of ihe ;amo·uni pa_id Meda shall
`r?imhurse Cipta i~t respet;;!. of 'arli proje.u ional clwr:ges iru:utr'C!dfar S~!ch audit or
`ifJ4p¢r;tipn Sticb. ohligatlMt tO :k:eep f.ei:_o"rds tlnd the rtghl of fnsp¢piion, of Cip! a shall
`l'ei'fiClin in ejfed;{or a pe:r iod OJ())]e (I f year afler J.IU: .f~rminati<Jl~ of!.h!$ -agre~meiJJ;
`{d) ,;lnn..ualStaJej7tim't·
`Wiihbi Oi1e -hrim!J·ed an.d h¥en.y (.i20) daJis of the end of
`etid'J. Ciilenclil; Year,. ;1\rledq s.hall~lt/Jmil t-o Cipla,-a wriifen#atenienrce~'t!fied.by Aieda ';
`at;qfiors of ~lie qggrr:gqre 'l'{er Sale~ _Fr1t:e of Trade q)2ii~· of /'rodi1ct d_eliwr:ed ro
`cusr.omers-iiJ:th¢ T~rrho.ry ~Y or O!! bi!Jaif o:{lvfiH/a, mw <if its A.ffilicm;s -~md/or any of its
`Sllb/il;f-11-S-et'KiJI liJ-a! Calendar Yew and !be ampum q[royaities due to be paid ;tor t!mt
`Cale'Pilai· 'Year unde.t this c:tause 6;6, Jf sJith· SlaJeiiient shokJ!S· !hat lht:: &m,()Lmt of
`ri:~yaJiies dzie by Aie·diJ :i:,' indre riian lne t4iiioil-/7J P'tid, Jviedd shullpay 10: Czphi, ~vithih
`i e.vliii (1) days oj the :Siibm'iss·itm ofd•e #iite:nwit Gn.amouri!-eqt;iVal!Yhf t iJ-!lte differ'e,nr:.z
`between the am-OUni ofro.ralties paidanclthl;?- amount due . . ifsuch sJatementshows tha!
`the ampWlt du~ hy l\-_1eda !3: tess Hum ihe. amounlpaid, Meda shall he entitled to deducz
`.such nmozmt fro,n qny_ fi(ture p_czym;:IJ{s d>J~ tc C/J)!q, Fqr qvoidancr:: <!f doubt,. n_o
`a't{jrlsli~:tf;n/ or ded/Ac_tio!?s of ~'udt -amount can .pi! made .Fo.m PffYmttnl made· under
`-c; "c·tion -') llf.a•v-;··: o'·.-t· -, -1naia· -
`·
`.,:·, • . t, r -\jt ~J J A:!JJ.t. ... · .
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`J..)J;
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`hu:olisiderGiionofrhr:. supply,ofSample [Jnils of Product to .''lleda,
`SarrtJJies:
`{e)
`iv/.eda :;liall pay Ciplq :he &:mwfe Unit- of Product "ha;'ljfi?-r Price ir. relpect ofeach
`Sample Unit ofProd11ct svpplied by Cipla, payment for such S'1mple Units of Product
`shall be due .);;iJhin 1hfrty {3(}) days of delivery of dn invof{:i? by Cipla, such invoice not
`lO be S:/3-ni prf&v Jo dispatch df the rek~'cmi. Smnple Units of Product.
`
`(f)
`L imits o~ffi)aJ:"}ple Units of Products.:· For the fir-sr lhre~ O) yearsfollo;ving launch
`the Sample Unit (~(ProdtJtt Trr.~nsfi;r Prlt~ shall app~y ro a rnilximum a_{ Sample Unils of
`Product e~mal in number to ihe Trade Units a/Product vurchased. In each successive
`!'.•,relve ( i 2) momh period; !h~ j h·s! of \·Vhich c~mmenr::ing on !lli! third {3r(~ ar.nivnsar}
`of the Lmmch c[Jhr;· P?Oduct fn the· Terriiorv thi Sarm;le C>ti: ol Produt·f Transftr Prh'>!
`51raLl appl~li w .; ma::,:imwn o.fSample Unils. of Produ;., equal !~ rhirfy percent (30%) of
`the toral nun1b~r of Units of Producf pur·ciu:sed l{y Me,ia in su£h nvdw numth period
`and a;~y Sample Uni!s of Prod act ordered in excess of these limits shall be paid for u!
`the r«levcmt Trade U.r.-;it o./P;'l.~duct Transfer Price,
`
`The Unit ojPt oduc.i TramJ~r Prices !>d t)lit in this Cla:.;,:,·r:.
`(J~) AzMas.line Cos!:
`6.6 da nor include !It(;! cosr RfA;:;elasttne APJ which wilt be supplio?d b,y Meda ro Cipla
`free of charge ctt Med.a 's cosr (indudir1g cmy ;;os,! re,lated to oblainfng an Adwrnct
`1'111.thori.~ation or duti<;s m· taxes re_h~ied to the importt1tfon c:f A.zeta.s!ine API inw lndiaj
`as per the terms t>/this Ag.re#JmJni.
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`''\:..)\ .b\-
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`HIGHLY CONFIDENTIAL -
`SUBJECT TO STIPULATED PROTECTIVE ORDER
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`MEDA APTX03490430
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`PTX0282-00008
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`8
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`CIPLA LTD. EXHIBIT 2029 PAGE 8
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`~:i.lfed_a~~ ~r:ig'itf! rv ·11_1_{1_fj1t{..'1cturee l!'i,';t{i'e et~nr that Medii, :beli¢f;e,~ (/1e 7J:4de ffnit rJf
`(g)
`.f!pc.litCt, Ti:m1sRr Pr:lte ·:S~f o$- hl· l/il$. S?.cJ'iwr C,;·6, nwke§ f(cQJJun~rr;:.f.a. l.iy ~1,1llX~<?,~gnaftl¢
`fm: ~'f.ie_ifq.: f0' {p!f.'J19t~; · 1JJ.p.r/g.t. :J?1'Ql'1JPte :or li~~rtl?pi? t:hr?- froditQ-l . b;r. -arJy pqit; oftir the
`,;:~:~~~~;~~':t~:~c:iJ'J:;:~~f~:~:~~;::~~~!~~t~s;!~~:~~'::Jj~fJfie ;;~;:r;;;;~~~:!~
`;rr;=:~~£ti5ib!it~:r:t~~i;~i::!E~
`•:~;~~rfe:;~tt~·st~(;r ~j' .. tefi~.r:;,~a~i-~~~1t;:~e;;t{;~::.~~~~;::x;i~t~1~:~~~~~;:;~
`:.f:t~:~~$~;~t~j~r! 1~nz;;:;;:;f~;c;~~~~.:;~;z::~~7!~~~-e:~~ :~!t::z:ar:;;1;~;
`·lindud~ttf! wi•litrr.rt Jht:tiraiimt. Mck~r.r:ma .labelling and·i--ser's) ~o fidfil Metla ·s tkn
`~;r;~rflfl(.for~~~~~s~lr;;¢;-jj~fj' ip·6e;n~;it;c,;n4 (~i) ·. ;f(ri~~ ·J;~c~i~t -(ic5'7fJ p,iA'et Safe,.; fu
`.f.f:;~p~i;~. fJJ;Ik~J Prqr,iuci in· ili? Y:erriiory less.fi_.fteen peY.cr:.nl {15%:) oft he .ftiJ't •appjtifabte
`Tt't?d:e Gtiit o}Pt9rliwt TitinsfttiPdce;
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`·$A
`J!)eletibii o( SCiction6. 8. Trii!; Pan it':$ haye agreed th:a~ Set:tipp: ~~$ pfJhe Butopean
`Agr.ee.m~Jl~: shalt::6e d~[~,ted, ··
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`""· 1
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`Save as
`Status ,ofthe Am~::ricall. Agreement . and the.;, European :lQreements.
`e~preS$Jy amt;nd~~ i'f. i hls .Am.e:i'ld!iient .Agreement, rhe prdvisio:iis uf the Amerl'can Agreernent
`andc:the Europ.ci;i,tl )\gr:e¢mev.J shafr co:rttinue.
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`N<:H;laims. Each of the Medl) Parties apd Cipla agree tha,t to 1(1e ~xte;nt t!,mteithe.r
`42
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`of; the Meda hitti:es or Cipla is. av.-are as m the date of this Amendment Agre.cment of :my
`circ\.!m.St#rlCe ~Mt niay co.nstlt\li~ a brea~h 0r potential breach {)f e:ithe.t of the ,A,meri(:an
`A€,reement or the Eur()pe~m AgreenJ,ent hy any ather Pia.r~y, eat h. Party hereby itrevocably waives
`any rL~ht~ it may have in rcspecL of any ·Sttc.h breach O\ potential breach and ~~ to reJeas~
`such breaching :ar pm:eutially breac:h:ing Pm:ty {ami its resp~:cti've ofJi -~£'-rs:sri:l. di~c.~ors) from al!
`and -aav rib· !io·>t;·ons·· li',h;t;,.; ..
`;..,.~_.,-uo. ,,,.. .-~.,!'t·•·:K>·., ·<>·n··.,:ll" t)ur ,.,.f <"'f 1"..-:i ·ar.·'i·\vnv. "Onnec··t"'·,i
`"~l''1·;1. 1" ·
`~,( e
`. ._ ~-:" . ~~-
`-\.-'\.A
`With suchdrcnm:stance~ and th;;; l!llderl)'ingfacts relutin.g to s·uc.h drcmustances.
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`... b~l . -L
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`"'-1- - .ii..tfi,.Y~ '-"-U, ~. ~, \.f.,i-J-1~ '\../'..t. ~"- q.I_ Io.':'.;::p-""' ...;, C.,:
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`Counterparts, This • .'l..m~ndmer;t A.gre.'~nr~nt may be exe.c:uted aug odiv~~eP: in
`4.3
`any number pf ~ot:uJtttp.aris and this ha.~ the same en~ct as if the signatu.\"e ~'n the colmtefP::ln$
`W¢te Pit.ising.le .copy o:(t,his Agreement.
`
`Each Parry represe.'1~S i:l:i'1d warrants to each
`f-0\,Y,er Tq)3ntyr fntt\ Agreement.
`4.4
`other J)arty that this Am~ndnient Agreem-ent \,'\')~Stitut<:s 11 \ruEd and bin<i!ng asreem:ent of the
`representing Party ~md that exe<:uti.on, delivery and performance ofit':!is Amendm-ent ,Agreement
`By the representitlg Ps:i'ty tii·e within its oorpor:ate pOWer aml have been duly authorised by aU
`necessary corporate acti{m.
`
`poverning Law. This Amendment Agrecemen't shaH be construed in accordiince
`4.5
`with the La1.v:> ofEI1glkmo. withmH regard to any cholc.e of !av.r provisions.
`~~ \ ;
`~-
`\ 0'
`
`:1..
`
`HIGHLY CONFIDENTIAL-
`SUBJECT TO STIPULATED PROTECTIVE ORDER
`
`MEDA_APTX03490431
`
`PTX0282-00009
`
`9
`
`CIPLA LTD. EXHIBIT 2029 PAGE 9
`
`

`

`·to .this ~~en4~~{t~~g~~~~~~0stii~'•Jt~1~::~~si6 B~~!~1:.~~F~~~.;:~!.~nu~!!3~~7J:.tiDr~
`
`the t;:Yetll that iherf!; i's m>· ~solutiQn.' ofsuch controv~sy:, daitt4 'Or dispute:. lit'lf a:ction a.risiug O\tt,
`of th!-s; Agreeinent shalt be supjpd t9 J~ e~Glu~ive jui:isdiction of the Eoglish court~ ap_d al;IY
`ittion shali be: co!Tzin~Iiced· in the High :ecilit in :London. The Meda Parties and Cip!a ~onse.htto.
`the ven\1~ o!' (l.Od tp tlie e~¢rdse cf $uchjtlfi"sdiction by the cotrrts of England and waive any
`\ietense of'