Exhibit 10.1
AMENDMENT NO. 2 TO THE EQUITY DISTRIBUTION AGREEMENT
October 31, 2024
PIPER SANDLER &
CO.
U.S. Bancorp Center
800 Nicollet Mall
Minneapolis, Minnesota 55402
Ladies and Gentlemen:
This Amendment No. 2 to the Equity Distribution Agreement (this
Amendment) is entered into as of the date first written above by Nurix Therapeutics, Inc., a Delaware corporation (the Company), and Piper Sandler & Co. (the
Agent), that are parties to that certain Equity Distribution Agreement, dated August 4, 2021, and Amendment No. 1 thereto, dated July 11, 2024 (together, the Original Agreement).
On the date hereof, the Company has filed or will file a Prospectus Supplement relating to the offering of $300,000,000 of the Common
Stock.
All capitalized terms not defined herein shall have the meanings ascribed to them in the Original Agreement.
The parties, intending to be legally bound, hereby amend the Original Agreement as follows:
1. The preamble to the Original Agreement is hereby deleted in its entirety and replaced with the following:
As further set forth in this agreement (this Agreement), Nurix Therapeutics, Inc., a company organized under the laws
of Delaware (the Company), proposes to issue and sell from time to time through Piper Sandler & Co. (the Agent), as sales agent, the Companys common stock, par value $0.001 per share
(the Common Stock), having an aggregate gross offering price of up to $300,000,000 (such shares of Common Stock to be sold pursuant to this Agreement, the Shares) on terms set forth herein.
Notwithstanding anything to the contrary contained herein, the parties hereto agree that compliance with the limitation set forth in Section 2 of this Agreement on the number of Shares issued and sold under this Agreement shall be the sole
responsibility of the Company, and the Agent shall have no obligation in connection with such compliance.
2. Section 2(a)(v) is
hereby deleted in its entirety and replaced with the following:
The compensation to the Agent for sales of the Shares, as an agent of the
Company, shall be up to 3.0% of the gross sales price of the Shares sold pursuant to this Section 2(a), payable in cash (the Sales Commission). The remaining proceeds, after further deduction for any transaction fees
imposed by any governmental or self-regulatory organization in respect of such sales, and reimbursement of expenses that the Agent may be entitled to pursuant to Section 3(g), shall constitute the net proceeds to the Company for such Shares
(the Net Proceeds).