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 existing Exclusive Option Agreement, originally dated December 2, 2009. With this extension, the agreement will now remain in effect until March 31, 2011. Both parties have confirmed their acceptance of this extension by signing the letter. 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 ###-###-####
January 20, 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 March 31, 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: | January 21, 2011 | |
