Programme Amendment Order Extending Consumables and Equipment Purchase Period Between Nuvelo Inc. and Avecia Biologics Limited
This agreement is an amendment between Nuvelo Inc. and Avecia Biologics Limited, extending the period during which Nuvelo can purchase certain consumables and equipment from Avecia. The original deadline of December 31, 2007, is extended to March 31, 2008. No other terms, prices, or resources are changed by this amendment. The agreement is signed by authorized representatives of both companies.
Exhibit 10.58
Avecia
Avecia Biologics
PO Box 2 Belasis Avenue
Billingham, Cleveland,
UK, TS23 1YN
Tel: +44 (0)1642 364045
Fax: +44 (0)1642 364463
www.avecia.com
Programme Amendment Order
| (1) Project Title & Number B2422
| (2) Date Project Started June 2005 | (3) P.A.O. 2422 / #13 | ||||
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(4) Reason for P.A.O.
Under clauses 6.5 and 6.6 of the Variation and Settlement Agreement agreed between Nuvelo Inc. (“Nuvelo”) and Avecia Biologics Limited (“Avecia”) dated June 30, 2007 (“the Variation and Settlement Agreement”), Nuvelo is entitled to purchase certain Consumables and/or Equipment from Avecia until December 31, 2007.
Nuvelo and Avecia have agreed to extend the period set out in clauses 6.5 and 6.6 until March 31, 2008.
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(5) Amendment required and new milestones.
The references to December 31, 2007 shall be deemed to be March 31, 2008 with effect from the date of signature of this PAO and the Variation and Settlement Agreement shall be construed accordingly.
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(6) Impact on price, time frame, resources.
None, save for the amendment to the date set out in Section (5) above.
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(7) Amended payment schedule (if required)
None
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Authorisation for Avecia
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for Nuvelo
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| /s/ Steve Bagshaw | /s/ Michael Levy (signature) | |||||
| Date:14 Dec, 2007 | Date: 12-19-07 | |||||
| STEVE BAGSHAW | Name: Michael Levy | |||||
| President
| Position: EVP | |||||
