MUNDIPHARMA INTERNATIONAL CORPORATION LIMITED Mundipharma House -14, Par-la-Ville Road - P.O. Box HM 2332 - Hamilton HM JX -Bermuda Tel: (441) 295-6480 - Fax: (441) 292-1472 a member of the Mundipharma International Group
Exhibit 10.2
***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 240.24b-2
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To: | Horizon Pharma AG | |||||
Kägenstrasse 17 |
CH-4153 Reinach
Switzerland
Mundipharma Medical Company
Mundipharma House, 5th Floor
14 Par-la-Ville Road
PO Box HM 2332
Hamilton, HM JX
Bermuda
21st March, 2013
Dear Sirs
Exclusive Distribution Agreement, dated March 24, 2009 (as amended, the EDA) between Horizon Pharma AG (previously Nitec Pharma AG) and Mundipharma International Corporation Limited (MICL); the Manufacturing and Supply Agreement, dated March 24, 2009 (as amended, the MSA) between Horizon Pharma AG and Mundipharma Medical Company (MMCo); Letter Agreement, dated March 2, 2011, by and among MICL, MMCo, Horizon Pharma AG and Horizon Pharma GmbH (First Letter Agreement); and Second Letter Agreement, dated October 6, 2011, by and among MICL, MMCo, Horizon Pharma AG and Horizon Pharma GmbH (Second Letter Agreement, and together with the EDA, MSA, and First Letter Agreement, the Agreements)
Please sign where indicated below to indicate your consent to the following amendment. Capitalised terms used but not defined herein shall be as defined in the EDA.
1. | Milestone payments payable to the Principal by the Distributor as set out in Schedule 5 of the EDA on [* *** ] or [ *** ] shall only be payable by the Distributor on [ *** ] shall not trigger such milestone payment [ *** ]. Should [ *** ], the milestone payments set forth above for [ *** ] shall become payable upon [ *** ]. |
2. | Should Mundipharma sell the Product [ *** ], it shall order the Product in accordance with the terms of the MSA, but in minimum order sizes of [ *** ] packs per SKU. This provision shall come to an end upon payment of the milestones for [ *** ] referred to in paragraph (1) above, at which point the provisions of this paragraph (2) shall no longer apply. |
This letter agreement shall be governed and construed under Swiss law. Except as amended above, the Agreements shall remain in full force and effect in accordance with their terms. This letter agreement may be signed in counterparts, each of which shall be deemed an original, and all of which taken together shall constitute one instrument.
* ***Confidential Treatment Requested
MUNDIPHARMA INTERNATIONAL CORPORATION LIMITED
Mundipharma House -14, Par-la-Ville Road - P.O. Box HM 2332 - Hamilton HM JX -Bermuda
Tel: (441)  ###-###-#### - Fax: (441)  ###-###-####
a member of the Mundipharma International Group
Yours faithfully
Mundipharma International Corporation Limited
By: | /s/ Douglas Docherty | |||||||
Name: | Douglas Docherty | |||||||
Title: | General Manager |
Agreed to and accepted as of the date first set forth above:
HORIZON PHARMA AG | MUNDIPHARMA MEDICAL COMPANY | |||||||
By: | /s/ Hans Pater Zobel | By: | /s/ Douglas Docherty | |||||
Name: | Hans Pater Zobel | Name: | Douglas Docherty | |||||
Title: | Managing Director Managing Director | Title: | General Manager | |||||
HORIZON PHARMA AG | ||||||||
By: | /s/ Robert Metz | |||||||
Name: | Robert Metz | |||||||
Title: | Managing Director |
3.