Second Amendment to Research & Development Agreement between Roche Diagnostics GmbH and CombiMatrix Corporation
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Summary
Roche Diagnostics GmbH and CombiMatrix Corporation have agreed to amend their existing Research & Development Agreement. Effective December 31, 2003, both parties are released from any further payment or research obligations under the agreement. The development program outlined in the original agreement is also terminated as of that date. This amendment formally ends the contractual commitments between the two companies related to the R&D program.
EX-10.18 4 acacia_10k-ex1018.htm R&D AGREEMENT Unassociated Document
Exhibit 10.18
RESEARCH & DEVELOPMENT AGREEMENT
SECOND AMENDMENT
Between:
Roche Diagnostics GmbH
Sandhofer Strasse 16
68305 Mannheim
Federal Republic of Germany
(hereinafter referred to as “RDG”)
and
CombiMatrix Corporation
6500 Harbour Heights Pkwy.
Mukilteo, WA 98275
USA
- hereinafter referred as to “CBMX”
WHEREAS, the Parties wish to amend their R&D Agreement dated September 25th 2002 as amended on March 25th 2003 as follows:
A New Article, 4A, shall be inserted in between Section 4.3 and Section 5 as follows:
“4A. COMPLETION OF DEVELOPMENT PROGRAM
As of December 31st 2003, RDG’s obligations to make any further payments under Article 4 herein and CBMX’s obligations to perform further R&D for RDG under Article 2 and Annex I of the Development Program are terminated. Therefore, as of 03 November 2003, there are no further obligations of either party resulting from the R&D Agreement to make any further payments or to perform any R&D services. As a result, the Development Program of Annex I of the R&D Agreement shall be terminated with the effect of December 31st 2003.
IN WITNESS WHEREOF the Parties hereto have signed this Second Amendment:
| Penzberg, Germany, March 19, 2004 | Mukilteo, Washington March 26, 2004 |
| Roche Diagnostics GmbH | CombiMatrix Corporation |
| By: /s/ Volker Pfahlert | By: /s/ Amit Kumar |
| Volker Pfahlert | Amit Kumar |
| i.V. | |
| By: /s/ Stefan Willemsen | By: /s/ Scott Burrell |
| Stefan Willemsen | Scott Burrell |
