Amarin Corp Plc (AMRN)

[HDGabor]

‘Translated’ Event of Default” means each of the following events or occurrences:

(a) Amarin not pay on due date (every February, May, August, November) and within 30 days after written notice thereof is given by BioPharma;

(b) Amarin failed to deliver documents, statement, reports to BioPharma (ie.: Quarterly Reports, Annual Report; Unaudited Financial Statements) on due date and within xxx days after written notice thereof is given by BioPharma

(c) Amarin become responsible for new liability, greater than an amount greater than the product of (x) [***] and (y) the sum of EBITDA for the [***].and it is not cured (cancelled) within [***] of the occurrence of it; (Section 4.4(e) in not available, so I could not ‘translate’ it)

(d) bankruptcy

(e) BioPharma does not have a ‘first-place’ right (to sell) for Additional Collateral and it is not restored / corrected within [***] after written notice thereof is given by BioPharma.