EXHIBIT 10.5.1
vVARDIS Holding AG
Exhibit 10.5.1*
Execution Version
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SECURED PROMISSORY NOTE
| No. N-2 | Date of Issuance: December 20, 2024 |
US$5,000,000
FOR VALUE RECEIVED, vVARDIS Inc., a Delaware corporation (the “Company”), hereby promises to pay to the order of Henry Schein, Inc., a Delaware corporation (the “Holder”), the principal sum of US$5,000,000, together with interest thereon from the date of this Note.
This Note is issued pursuant to, and is subject to, and incorporates, the provisions of that certain Note Purchase Agreement dated as of December 20, 2024, by and among the Company, the Holder and vVARDIS Holding AG (the “Parent”), a Swiss corporation (the “Purchase Agreement”). Capitalized terms not defined herein will have the meanings set forth in the Purchase Agreement. The principal amount of this Note may be increased on each PIK Accrual Date (as defined below).
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