Amendment #3 to the Exclusive License Agreement between Viewpoint Molecular Targeting, Inc. and the University of Iowa Research Foundation, dated January 30, 2020
Exhibit 10.7
THIRD AMENDMENT TO
EXCLUSIVE LICENSE AGREEMENT
BY AND BETWEEN
THE UNIVERSITY OF IOWA RESEARCH FOUNDATION
AND
VIEWPOINT MOLECULAR TARGETING
This Third Amendment ("Third Amendment'") is effective as of January 30, 2020 ("Effective Date"'), and serves as a modification to the License Agreement ('·Agreement") having an effective date of June 5, 2018, as amended by a First Amendment having an effective date of August I, 2018, and a Second Amendment having an effective date of November I, 2019, made by and between the University of Iowa Research Foundation ("UIRF'"), and Viewpoint Molecular Targeting, lnc.. a Delaware corporation with principal offices at 2500 Crosspark Road, Ul Bio Ventures Center, E 116, Coralville, IA 52241 ("Licensee").
RECITALS
WHEREAS, UIRF and Licensee desire to amend the Agreement in order to revise Exhibit A of the Agreement.
NOW, THEREFORE, in consideration of the terms and conditions set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
TERMS AND CONDlTIONS
I. Definitions. Each initially capitalized term used herein without definition shall have the meaning ascribed to such term in the Agreement.
2. | Exhibit A shall add the following: |
“U.S. Provisional Patent Application No. 62/967,497 filed January 29, 2020 (UIRF Case No. 2020-025, entitled: Compositions for Therapy of Somatostatin Receptor Positive Tumors).”
3. This Amendment shall be in effect as of the Effective Date. Except as specifically modified or amended by the terms of this Amendment, the Agreement, and all provisions contained therein are, and shall continue, ii\ full force and effect, binding on the parties thereto and hereto in accordance with the terms therein, and are hereby ratified and confirmed.
4. This Amendment may be executed in any number of counterparts. each of which will be deemed to be an original. and all of which together will constitute one and the same agreement. The parties acknowledge and agree that an original signature or a copy thereof transmitted by facsimile.e-mail or other electronic means of transmission will constitute an original signature for purposes of this Amendment, and will have the same force and legal effect as if the original had been received.
5. This Amendment shall be governed by the laws of the State of Iowa without regard to any conflict of laws principles that would require application of the laws of another jurisdiction.
Accepted and agreed to:
University of Iowa Research Foundation | Viewpoint Molecular Targeting, Inc. |
By: /s/ Marie Kerbeshian, Ph.D. | By: /s/ Michael Schultz, Ph.D. |
Name: Marie Kerbeshian, Ph.D. | Name: Michael K Schultz PhD |
Title: Asst. Vice President and | Title: Chief Science Ot1icer |
Executive Director | |
Date: January 30, 2020 | Date: January 30, 2020 |