information concerning possible or assumed future results of operations, trends in financial results and business plans, including those relating to earnings growth and revenue growth

EX-10.18 3 v06091exv10w18.txt EXHIBIT 10.18 Exhibit 10.18 AMENDMENT NO. 1 TO ASSET PURCHASE AGREEMENT This Amendment No. 1 to the Asset Purchase Agreement (this "Amendment No. 1") is entered into as of December 31, 2004, by and among SmithKline Beecham Corporation (doing business as GlaxoSmithKline), a Pennsylvania corporation (the "Buyer"), Corixa Corporation, a Delaware corporation ("Corixa"), Coulter Pharmaceutical, Inc., a Delaware corporation and wholly-owned subsidiary of Corixa ("Coulter"), (Corixa and Coulter being hereinafter collectively and/or individually referred to, as the context requires and admits, as the "Sellers"). The Sellers, on the one hand, and the Buyer, on the other hand, are each referred to herein as a "Party" and, collectively, as the "Parties." RECITALS WHEREAS, the Parties entered into that certain Asset Purchase Agreement dated as of December 12, 2004 in connection with the Sellers' sale and the Buyer's purchase of the Assets (the "Agreement"); and WHEREAS, since the date of the Agreement, the Parties have identified additional employees of the Sellers who will be participating in the Transition Plans as Scheduled Employees; and WHEREAS, since the date of the Agreement, the Parties have identified a new list of Assigned Contracts to be transferred by the Sellers to the Buyer as of the Effective Time. AGREEMENT NOW, THEREFORE, in consideration of the mutual agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and pursuant to Section 9.2 of the Agreement, the Parties hereby agree as follows: 1. SCHEDULED EMPLOYEES. Schedule 7.2 to the Agreement is hereby deleted in its entirety and replaced with EXHIBIT A attached hereto. 2. ASSIGNED CONTRACTS. The list of Assigned Contracts as set forth in Section 1(a) and (b) on Schedule 2.1. of the Sellers' Disclosure Memorandum is hereby deleted in its entirety and replaced with the list of Assigned Contracts as set forth on EXHIBIT B attached hereto. 3. DEFINED TERMS. Capitalized terms that are used, but not otherwise defined, in this Amendment No. 1 shall have the meaning ascribed to them in the Agreement. 4. GOVERNING LAW. This Amendment No. 1 and all acts and transactions pursuant hereto shall be governed, construed and interpreted in accordance with the Laws of the state of New York, without giving effect to principles of conflict of Laws. 5. COUNTERPARTS. This Amendment No. 1 may be executed in two or more counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument. 6. ENTIRE AGREEMENT. The terms of the Agreement, as amended hereby, shall remain in full force and effect. All references to the "Agreement" contained therein shall mean the Agreement, as amended by this Amendment No. 1. [signature page follows] -2- IN WITNESS WHEREOF, this Amendment No. 1 has been duly executed and delivered by the duly authorized representatives of each Seller and the Buyer as of the date first above written. THE BUYER: SMITHKLINE BEECHAM CORPORATION (D/B/A GLAXOSMITHKLINE) By: /s/ DONALD F. PARMAN ------------------------------------ Name: Donald F. Parman Title: Vice President & Secretary THE SELLERS: CORIXA CORPORATION By: /s/ STEVEN GILLIS ------------------------------------ Name: Steven Gillis Title: CEO COULTER PHARMACEUTICAL, INC. By: /s/ STEVEN GILLIS ------------------------------------ Name: Steven Gillis Title: President