Notice of Termination of Licensing Agreement between Corgentech Inc. and Cyclacel Limited (June 17, 2005)
Corgentech Inc. has formally notified Cyclacel Limited of its decision to terminate their Licensing Agreement dated September 16, 2004. The notice, sent on June 17, 2005, is issued in accordance with the termination provisions of the agreement. Corgentech also provided Cyclacel with a final report on their collaboration. This letter serves as the official communication ending the business relationship under the specified agreement.
Exhibit 10.43
VIA FEDERAL EXPRESS
June 17, 2005
Cyclacel Limited
James Lindsay Place
Dundee DD1 5JJ
Scotland
United Kingdom
Attn: Chief Executive Officer
Re: Licensing Agreement Dated September 16, 2004 between Cyclacel Limited and Corgentech Inc.
Dear Sir:
Corgentech Inc. has elected to terminate the above Licensing Agreement, and hereby provides notice of termination pursuant to Section 11.3 of the above Agreement.
I have enclosed a copy of Corgentech's final report on the Corgentech-Cyclacel collaboration.
Sincerely,
/s/ Patrick Broderick
Patrick Broderick
Vice President and General Counsel
Corgentech Inc.