Notice of Termination of Licensing Agreement between Corgentech Inc. and Cyclacel Limited (June 17, 2005)

Summary

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.

EX-10.43 2 rrd83455_6500.htm NOTICE OF TERMINATION LETTER, DATED JUNE 17, 2005, TO LICENSING AGREEMENT, DATED SEPTEMBER 27, 2004, WITH CYCLACEL LIMITED. April 6, 2005

 

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.