EX-10.26 Amendment No.1 of Research Agreement
EX-10.26 4 b53270aiexv10w26.txt EX-10.26 AMENDMENT NO.1 OF RESEARCH AGREEMENT EXHIBIT 10.26 AMENDMENT NO. 1 OF RESEARCH AGREEMENT The Agreement amendments stated herein are made by and between Antigenics, L.L.C., hereinafter referred to as Sponsor and the University of Connecticut Health Center, hereinafter referred to as UCHC. The purpose of this document is to amend the Research Agreement entered into by and between Sponsor and UCHC on February 18, 1998. All terms and conditions agreed to in the Research Agreement shall remain in full force and effect except for those amended by this document. ARTICLE 3- ADDITION OF 1 SUPPLEMENT YEAR 3. The investigation covered by this Agreement shall commence on February 12, 1998 and shall extend for a period of 70.5 months, expiring on December 31, 2003. ARTICLE 5- ADDENDUM TO ARTICLE 5 5.0A Sponsor agrees to pay UCHC the sum of $1,200,000.00 for the project extension year covered by this Amendment No. 1, in accordance with agreed budget (see Attachment 1), payments to be made as follows: $300,000 Payable no later than February 15, 2003 $300,000 Payable by no later than May 15, 2003 $300,000 Payable by no later than August 15, 2003 $300,000 Payable by no later than November 15, 2003
The Parties hereto have caused this Amendment No. 1 to be executed by duly authorized representatives effective as of the latter date indicated below. ANTIGENICS, L.L.C.- "SPONSOR" /s/ Russell Herndon 4/19/02 - ---------------------------- --------------- (Date) Name: Russell Herndon Title: President, COO UNIVERSITY OF CONNECTICUT HEALTH CENTER- UCHC /s/ Leonard P. Paplauskas 4/12/02 - ---------------------------- --------------- (Date) Name: Leonard P. Paplauskas Title: Assoc. Vice President for Research Administration ATTACHMENT 1 Antigenics Budget $1,200,000 Sub Code Description Amount - -------- ----------- ------ 1000 Salaries & Wages 355,000 4000 Fringe 128,000 2000 Purchases Services 184 ###-###-#### Travel 35,000 3000 Supplies/Minor Equipment 250,000 ---------- Total Direct Costs 952,381 Total Indirect Costs 247,619 ---------- Total $1,200,000 ==========
