Fourth Amendment to License Agreement between Princeton University and Bionano Genomics, Inc.
This amendment updates a previous license agreement between Princeton University and Bionano Genomics, Inc. The main change is a revision to a section regarding sales requirements for Bionano Genomics. The amendment specifies new sales targets that Bionano Genomics must achieve within a certain period. Both parties have agreed to these changes, as indicated by their signatures and official titles. The amendment is effective as of February 9, 2012.
Exhibit 10.29
***Text Omitted and Filed Separately
with the Securities and Exchange Commission
Confidential Treatment Requested
Under 17 C.F.R. Sections 200.80(b)(4)
and 230.406
Fourth Amendment to License Agreement
AMENDMENT dated as of February 9th, 2012, to the License Agreement (Agreement) with an Effective Date of January 7th, 2004 between PRINCETON UNIVERSITY, a not-for- profit corporation duly organized and existing under the laws of the State of New Jersey and having a principal place of business at 4 New South Building, Princeton, New Jersey ###-###-####, United States of America, (PRINCETON) and BIONANO GENOMICS, INC., a corporation duly organized and existing under the laws of the State of Delaware (hereinafter referred to as BioNano Genomics).
WITNESSETH
WHEREAS, the Parties have entered into the Agreement and would like to amend the Agreement;
WHEREAS, the Parties now seek to amend the terms of the Agreement as set forth herein.
NOW THEREFORE, in consideration of the premises and the mutual covenants contained herein, the Parties agree to as follows:
1. | Section 5.4(g) shall be shall be deleted in its entirety and replaced with the following language: |
BioNano Genomics shall achieve total sales of [ *** ] of at least [ *** ] during the [ *** ].
BIONANO GENOMICS, INC. | PRINCETON UNIVERSITY | |||||||
Signature: | /s/ R. Erik Holmlin | Signature: | /s/ John F. Ritter | |||||
Name: | R. Erik Holmlin | Name: | John F. Ritter, Director | |||||
Title: | CEO | Title: | Office of Technology Licensing and Intellectual Property | |||||
Date: | Feb 10, 2012 | Date: | 2/9/12 |
***Confidential Treatment Requested
1.