[***] Certain information in this document has been omitted and filed separatel with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
AMENDMENT TO SUPPLY AGREEMENT
AMENDMENT TO SITAGLIPTIN CATALYST SUPPLY AGREEMENT effective as of Oct 1st 2013 (this “Amendment”) by and between Codexis, INC, (the “Vendor”), a Delaware corporation, having a place of business at 200 Penobscot Drive, Redwood City, CA 94063 (“CODEXIS”) and MERCK SHARPE and DOHME (the “Company”), having a place of business at One Merck Drive, Whitehouse Station, NJ 08889-0100. (“MERCK”)
W I T N E S S E T H:
WHEREAS, the parties are party to that certain SITAGLIPTIN CATALYST SUPPLY AGREEMENT dated as of February 1st 2012 as the same may have been amended to the effective date of this Amendment (as so amended, the “Agreement”); and
WHEREAS, the parties desire to amend the Agreement to modify the payment terms of the Agreement as more fully set forth below;
NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:
| 1. | Additions and changes made to the contract in this Amendment. |
| 1.01 | Payment for amounts owed by MERCK pursuant to the Agreement shall be made by MERCK to Codexis no more than [*] ([*]) days after the date of receipt of the subject invoice. (sec# 9.1 in the Agreement) |
| 1.02 | These amended payment terms will be effective on October 1st 2013. |
2. Miscellaneous
| 2.01 | Effect of Amendment; Joinder. Except as expressly changed by this Amendment, the Agreement shall remain in full force and effect in accordance with its stated terms. The Agreement and the Schedules and Exhibits thereto, as amended by this Amendment and all preceding amendments, set forth the entire understanding of the parties with respect to the subject matter thereof. There are no agreements, restrictions, promises, warranties, covenants or undertakings other than those expressly set forth or referred to therein. The Agreement and the Schedules and Exhibits thereto, as amended by this Amendment, supersede all prior agreements and undertakings between the parties with respect to such subject matter. |
| 2.02 | Counterparts. This Amendment may be executed by the parties in separate counterparts, each of which when so executed and delivered is deemed an original. All such counterparts together constitute but one and the same instrument. |
| 2.03 | Definitions. All capitalized terms used but not defined in this Amendment shall have the respective definitions assigned to such terms in the Agreement. |
IN WITNESS WHEREOF, the parties have caused this Amendment to be signed by their duly authorized representatives as of the date and year first written above.
| CODEXIS INC. | MERCK SHARPE and DOHME Corp. |
| By: [*] | By: [*] |
| Name: [*] | Name: [*] |
| Title: [*] | Title: [*] |
| Date: October 7, 2013 | Date: October 13, 2013 |
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