THIRD AMENDMENT TO COLLABORATION AND LICENSE AGREEMENT
This THIRD AMENDMENT TO COLLABORATION AND LICENSE AGREEMENT (“Third Amendment”) is effective as of the 30th day of June 2021 (“Third Amendment Effective Date”), by and between:
Genmab B.V., KvK no. 3016 9902, a Dutch corporation having its principal office at Uppsalalaan 15, 3584 CM Utrecht, the Netherlands (“Genmab”); and
CureVac AG, a German corporation having its principal office at Friedrich-Miescher-Strasse 15, 72076 Tübingen, Germany (“CureVac”).
(Genmab and CureVac are sometimes hereinafter referred to collectively as the “Parties” or individually as a “Party”)
RECITALS:
A. | Genmab and CureVac entered into a Collaboration and License Agreement dated 19 December 2019 (the “Agreement”); |
B. | Under the Agreement, as set forth in Section 3.1, the Parties have a right to replace the First Collaboration Target; |
C. | Genmab and CureVac would like to increase the replacement term in Section 3.1; and |
D. | Genmab and CureVac previously entered into the First Amendment of the 2nd July 2020 to the Agreement and the Second Amendment of 15th December 2020 to the Agreement, and would now again like to extend the term for entering into a clinical supply agreement. |
NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements herein contained, and for good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree to the following:
1. | Except as otherwise defined herein, the words and phrases in the Agreement shall have the same meaning in this Third Amendment. |
2. | The first sentence of Section 3.1 is hereby deleted in its entirety and replaced with the following: |
“3.1 If the pre-clinical Program with respect to the First Collaboration Target does not meet the success criteria set forth in the First Program Research Plan attached hereto as Exhibit 5.1.1 (as may be modified by JRC), Genmab has the [*****] right, [*****], to seek to replace the First Collaboration Target by another Target (“Replacement Target”), outside of the Field of [*****] […]”
“Field of [*****]” shall mean [*****].
For avoidance of doubt, the remainder of Section 3.1 of the Agreement shall remain in effect unchanged.