LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 22nd, 2020 • Molecular Templates, Inc. • Pharmaceutical preparations • New York
This LOAN AND SECURITY AGREEMENT (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this “Agreement”) dated as of May 21, 2020 (the “Closing Date”) is entered into among MOLECULAR TEMPLATES OPCO, INC., a Delaware corporation (“Borrower Representative”, and together with each other Person from time to time party hereto as a borrower, collectively, “Borrowers”, and each, a “Borrower”), MOLECULAR TEMPLATES, INC., a Delaware corporation (“Parent”, and together with each other Person party hereto or to any other Loan Documents from time to time as a guarantor, collectively, “Guarantors” and each, a “Guarantor”, and together with Borrowers, collectively, “Loan Parties”, and each, a “Loan Party”), the lenders from time to time party hereto (collectively, “Lenders”, and each, a “Lender”), K2 HEALTHVENTURES LLC, as administrative agent for Lenders (in such capacity, together with its successors, “Administrative Agent”), and ANKURA TRUST COMPANY, L
