Concurrently with the reallocation of Fernandez and Tilles»
Escrow Shares, Shkreli caused Fernandez, Tilles and Biestek to enter into
agreements with Shkreli (prepared by Retrophin's then outside counsel) whereby Fernandez, Tilles and Biestek agreed to sell 75,000, 37,500, and 37,500 Retrophin shares respectively to Shkreli with payment to follow at a later date (the «Forward Purchase Agreement
agreements with Shkreli (prepared by Retrophin's then outside counsel) whereby Fernandez, Tilles and Biestek agreed to sell 75,000, 37,500, and 37,500 Retrophin shares respectively to Shkreli with payment to
follow at a later date (the «Forward Purchase
AgreementsAgreements»).