0001193125-16-689866 Sample Contracts

NOVAN, INC. INDEMNIFICATION AGREEMENT
Indemnification Agreement • August 24th, 2016 • Novan, Inc. • Pharmaceutical preparations • Delaware

THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as of , 2016 between Novan, Inc., a Delaware corporation (the “Company”), and [Name] (“Indemnitee”).

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Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. AMENDED, RESTATED AND CONSOLIDATED LICENSE AGREEMENT
License Agreement • August 24th, 2016 • Novan, Inc. • Pharmaceutical preparations • North Carolina

This AMENDED, RESTATED AND CONSOLIDATED LICENSE AGREEMENT (this “LICENSE AGREEMENT”) is entered into this 27th day of June, 2012 (the “EFFECTIVE DATE’’) between The University of North Carolina at Chapel Hill having an address at Campus Box 4105, 308 Bynum Hall, Chapel Hill, North Carolina, 27599-4105 (“UNIVERSITY”) and Novan, Inc., a corporation organized and existing under the laws of the State of Delaware (“LICENSEE”).

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • August 24th, 2016 • Novan, Inc. • Pharmaceutical preparations • North Carolina

This Amended and Restated Employment Agreement (the “Agreement”) is entered into as of April 13, 2016 (the “Effective Date”) by and between Novan, Inc., a Delaware corporation with its principal place of business in Durham County, North Carolina (the “Company”), and Nathan Stasko, a citizen and resident of Orange County, North Carolina (“Employee”). The Company and Employee are sometimes herein referred to each as a “Party” and together as the “Parties.”

NOVAN PATENT AND KNOW-HOW LICENSE AGREEMENT
How License Agreement • August 24th, 2016 • Novan, Inc. • Pharmaceutical preparations • North Carolina

THIS NOVAN PATENT AND KNOW-HOW LICENSE AGREEMENT (this “Agreement”) is made as of December 29, 2015 (the “Effective Date”) by and between Novan, Inc., a Delaware corporation with a principal place of business at 4222 Emperor Boulevard, Suite 200, Durham, NC 27703 (“Novan”), and KNOW Bio, LLC, a North Carolina limited liability company with a principal place of business at 627 Davis Drive, Suite 400, Morrisville, NC 27560 (“Licensee”). Novan and Licensee may each be referred to as a “Party,” and together as the “Parties.”

STOCK SALE AND PURCHASE AGREEMENT
Stock Sale and Purchase Agreement • August 24th, 2016 • Novan, Inc. • Pharmaceutical preparations • Delaware

This Stock Sale and Purchase Agreement (this “Agreement”), is dated as of April 13, 2016, and is by and between Stasko Living Trust (the “Stockholder”), and Novan, Inc., a Delaware corporation with its principal office in Durham, North Carolina (the “Corporation”).

UNC SUBLICENSE AGREEMENT
Unc Sublicense Agreement • August 24th, 2016 • Novan, Inc. • Pharmaceutical preparations • North Carolina

THIS UNC SUBLICENSE AGREEMENT (this “Agreement”) is made as of December 29, 2015 (the “Effective Date”) by and between Novan, Inc., a Delaware corporation with a principal place of business at 4222 Emperor Boulevard, Suite 200, Durham, NC 27703 (“Novan”), and KNOW Bio, LLC, a North Carolina limited liability company with a principal place of business at 627 Davis Drive, Suite 400, Morrisville, NC 27560 (“Licensee”). Novan and Licensee may each be referred to as a “Party,” and together as the “Parties.”

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