Exhibit (d)(3)
MUTUAL CONFIDENTIALITY AGREEMENT
THIS MUTUAL CONFIDENTIALITY AGREEMENT (this “Agreement”) is entered into as of January 18, 2022 (the “Effective Date”) and governs the disclosure of information by and between Novo Nordisk HealthCare AG, having its principal office at The Circle 32, CH- 8058 Zurich, Switzerland (“Novo”), and Forma Therapeutics, Inc. having a business address at 300 North Beacon Street, Suite 501, Watertown, MA 02472 (“Forma”). Each of Novo Nordisk and Forma may be referred to herein individually as a “Party” and collectively as the “Parties”).
1. Purpose. This Agreement is made in order for each Party and/or any of its Affiliates (the “Disclosing Party”) to disclose to the other Party and/or any of its Affiliates (the “Receiving Party”), during the term of this Agreement, such technical, business, scientific and financial information as the Disclosing Party may elect to disclose so that the Receiving Party may use the same solely for the evaluation of a potential business relationship between the Parties related to Etavopivat (the “Purpose”). As used herein, an “Affiliate” of an entity means, any other person or entity that, directly or indirectly, through one or more intermediaries, controls, is controlled by or is under common control with such entity. For purposes of this definition, “control”, “controlled by” and “under common control with” means the possession, directly or indirectly, of the power to direct the management or policies of a business entity, whether through the ownership of voting securities, by contract relating to voting rights or corporate governance, or otherwise.
2. Confidential Information. As used herein, “Confidential Information” means any and all technical, business, scientific and financial information, including information concerning proprietary products, technology, business plans, business strategy, financials, business records, test results, data and any other proprietary, non-public information provided or made available by or on behalf of the Disclosing Party, and including third party information, relating to the Disclosing Party that is made available or disclosed, in whatever form or medium (regardless of whether tangible, intangible, visual, or oral, and regardless of whether or not marked or otherwise identified as confidential), to the Receiving Party, before or after the Effective Date. With respect to Forma, Confidential Information shall also include, but not be limited to, information related to Forma’s (i) research and other efforts and plans in red blood cell health, including but not limited to, discovery, preclinical and clinical plans, biomarkers, receptors, ligands, targets, results, data, and intellectual property related to any of the foregoing; and (ii) small molecule pyruvate kinase-R activator, FT-4202 (also known as etavopivat), current and future preclinical and clinical plans, programs, data, results, including without limitation, disease indications, combinability with other treatments, biomarkers, and commercial plans, analyses, forecasts, competitive information, etc., and intellectual property related to any of the foregoing, and any material terms proposed by Forma and contained within term sheets and/or draft agreements between the parties. Solely to the extent that any notes, analyses, compilations, reports, forecasts, studies, summaries, interpretations, and other materials prepared by or for the Receiving Party or its Representatives (“Secondary Documentation”) contain, are based on, or otherwise reflect or are derived, in whole or in part, from Confidential Information of the Disclosing Party, such Secondary Documentation shall be treated as Confidential Information of the Disclosing Party.
3. Obligations. Each Party agrees: (a) to use the other Party’s Confidential Information solely for the Purpose and for no other reason; (b) to use commercially reasonable efforts to protect the confidentiality of the other Party’s Confidential Information; (c) not to disclose or make available, directly or indirectly, any of the other Party’s Confidential Information to anyone, except to such Party’s and its Affiliates’ (i) directors, officers, employees and consultants, (ii)