Letter Agreement Extending Exclusive Option Agreement Between ARCA biopharma, Inc. and University of Cincinnati
ARCA biopharma, Inc. and the University of Cincinnati have agreed to extend the term of their Exclusive Option Agreement, originally dated December 2, 2009. With this letter, both parties confirm that the agreement will now remain in effect until April 15, 2011. The extension is formalized by signatures from representatives of both organizations. No other terms of the original agreement are changed by this extension.
Exhibit 10.1
8001 Arista Place, Suite 200
Broomfield, CO 80021
Phone: 720 ###-###-####, Fax: 720 ###-###-####
March 31, 2011
Geoffrey Pinski
Director of Intellectual Property
University of Cincinnati
Office of Intellectual Property
51 Goodman Dr, Suite 240
Cincinnati, Ohio ###-###-####
Dear Geoffrey,
When countersigned by the University of Cincinnati, this letter will extend the Exclusive Option Agreement between ARCA biopharma, Inc. and the University of Cincinnati dated December 2, 2009 to April 15, 2011.
Please sign below indicating your agreement to the above. Feel free to contact me if you have any questions.
| Best regards, |
| /s/ Christopher D. Ozeroff |
| Christopher D. Ozeroff |
| SVP and General Counsel |
| ACCEPTED AND AGREED: | ||
| UNIVERSITY OF CINCINNATI | ||
| By: | /s/ Geoffrey Pinski | |
| Geoffrey Pinski | ||
| Date: | March 30, 2011 | |
