Exhibit 10.10.4
AMENDMENT #2
TO
PROJECT RIDER #1
COLLABORATION AGREEMENT
This Amendment #2 to Project Rider #1 (“Amendment #2”) is entered into effective as of the date of the final signature executing this Amendment #2 (“Amendment #2 Effective Date”) by and between Magenta Therapeutics, Inc. (“Magenta”) and National Marrow Donor Program d/b/a Be The Match Biotherapies (“BTMB”) (each a “Party” and collectively the “Parties”).
WHEREAS, the Parties executed a Collaboration Agreement, effective November 10, 2017 and a Project Rider, effective December 6, 2017 (as amended by that certain Amendment #1, effective December 6, 2018, “Project Rider #1”); and
WHEREAS, the Parties agree to revise the Payment Schedule of the Project Rider #1.
NOW, THEREFORE, for the valuable consideration contained herein, and intending to be legally bound, Magenta and BTMB agree to the following amendment to be effective as of the Amendment #2 Effective Date as follows:
Amendment to Project Rider #1
| 1. | Delete the Payment Schedule in Section D. Compensation of BTMB of Project Rider #1 in its entirety and replace it with the following to read as follows: |
PAYMENT SCHEDULE
| | |
For Services provided by BTMB during Calendar Year 2020 (January 1, 2020 through December 31, 2020), Magenta will pay BTMB a fixed price quarterly payment of $25,000. | | BTMB will invoice $25,000 every January 15th for consulting services occurring during the period commencing January 1st and ending March 31st. BTMB will invoice $25,000 every April 15th for consulting services commencing April 1st and ending June 30th. BTMB will invoice $25,000 every July 15th for consulting services commencing July 1st and ending September 30th. BTMB will invoice $25,000 every October 15th for consulting services commencing October 1st and ending December 31st. |
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