Exhibit 10.9
Rabobank Utrechtse Heuvelrug
Big Business (Groot Zakelijk)
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Address | | P.O. Box 82, 3700 AB Zeist | | | | |
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| | Merus B.V. | | Address | | Utrechtseweg 25, Zeist |
| | Ms S.J. Margetson | | Phone number | | (030) 221 23 25 |
| | P.O. Box 133 | | Fax | | (030) 221 22 45 |
| | Padualaan 8 | | Email | | Bedrijven@uhr.rabobank.nl |
| | 3584 CH Utrecht | | Bank account | | 3751.29.000 |
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Our reference | | GZ/PH | | | | |
Direct dial | | (030) 221 23 25 | | | | |
Date | | 21 October 2015 | | | | |
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Subject | | Annual accounts 2014 | | | | |
Dear Ms Margetson,
Thank you very much for the annual accounts for the financial year 2014. As discussed during our phone call of this week, I would like to confirm the following:
The existing provision regarding the change of control as included in the financing agreement dated 29 December 2005 shall herewith cease to apply. The financing agreement shall further be continued unchanged.
Please note that the following administration conditions shall apply:
| - | a copy of the annual accounts of Merus B.V. as soon as possible after the relevant period, but no later than1 September of each year; |
| - | a copy of the half-year figures of Merus B.V. upon first request; |
| - | the profitability- and liquidity forecast for the coming year upon first request. |
If you have any further questions, please do not hesitate to contact me.
Best regards,
/s/ Pieter van Hulsen
Pieter van Hulsen
sr. account manager Big Business (Grootzakelijk)