Letter Agreement for Additional Payment Under Research Agreement Between Antigenics Inc. and University of Connecticut Health Center (February 10, 2005)

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Summary

Antigenics Inc. and the University of Connecticut Health Center have agreed that Antigenics will make a one-time payment of $135,000 to cover additional costs for research activities in 2005, as outlined in their existing Research Agreement. This letter confirms the approval and payment of these extra costs, with both parties acknowledging and agreeing to the terms.

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EX-10.28 5 b53270aiexv10w28.txt EX-10.28 LETTER AGREEMENT DATED FEBRUARY 10, 2005 Exhibit 10.28 February 10, 2005 Leonard P. Paplauskas Associate Vice President for Research Administration University of Connecticut Health Center Center for Science and Technology Commercialization 263 Farmington Avenue Farmington, CT 06030 RE: ADDITIONAL COSTS APPROVED UNDER RESEARCH AGREEMENT Dear Mr. Paplauskas: This letter is in reference to that certain Research Agreement by and between University of Connecticut Health Center ("UCHC") and Antigenics Inc., a Delaware corporation ("Antigenics Inc.")(each a "Party" and collectively the "Parties") dated February 28, 1998 ("Agreement"), as amended by Amendment No. 1 Research Agreement dated April 19, 2002, further amended by Amendment Agreement dated March 18, 2003, and further amended by Amendment No. 2 to Research Agreement dated December 30, 2003 (each singly an "Amendment", collectively the "Agreement"). In accordance with the provisions of Section 5.0 of the Agreement, Antigenics Inc. hereby agrees to pay UCHC an additional one-time payment in the sum of One Hundred Thirty-Five Thousand dollars ($135,000) for additional costs associated with activities to be performed under the Agreement in 2005. Best regards, /s/ P. Thornton Peter Thornton Chief Financial Officer ANTIGENICS INC., a Delaware corporation Acknowledged and agreed: UNIVERSITY OF CONNECTICUT HEALTH CENTER By: /s/ Leonard P. Paplauskas __________________________ Name: Leonard P. Paplauskas Associate Vice President for Research Administration