Amendment No. 3, dated February 11, 2024, to the First License Agreement, dated May 28, 2020, by and between LEXEO Therapeutics, Inc. and Cornell University (as amended by Amendment No. 1 to the First License Agreement, dated July 4, 2022 and Amendment No. 2 to the First License Agreement, dated September 28, 2022)
Exhibit 10.21
Center for Technology Licensing 1155 York Avenue New York, NY 10065 P: 646 ###-###-#### innovation.weill.cornell.edu |
February 11, 2024
Jenny Robertson
Chief Business and Legal Officer
Lexeo Therapeutics, Inc.
345 Park Avenue South, 6th Floor
New York, NY 10010
Via email: ***@***
RE: THIRD AMENDMENT
to the FIRST LICENSE AGREEMENT by and between Lexeo Therapeutics, Inc. (hereinafter Licensee) and Cornell University (Cornell) (each a Party) effective May 28, 2020 and amended a first time effective July 4, 2022 and a second time effective September 28, 2022 (Cornell Contract C2020-11-13204) (the First License Agreement)
Effective the date of the last signature hereto (Amendment Date), the Parties agree to hereby modify the First License Agreement as follows:
1) Appendix A: Inventions is hereby amended to include:
CORNELL DOCKET | TITLE | INVENTORS | SPONSOR FUNDING | ADDITIONAL INFO | ||||
10699 (LEXE-014) | Gene Therapy for APOE4-associated Alzheimers Disease | Ronald G. Crystal Caner Günaydin Stephen M. Kaminsky Dolan Sondhi Katie Stiles | Lexeo RCA | Portfolio APOE |
2) Appendix B1: Patent Rights is hereby amended to include:
CORNELL DOCKET | TITLE | FILING DATE | COUNTRY | APPLICATION | STATUS | |||||
10699-01-US | Methods and Pharmaceutical Compositions for the Treatment and the Prevention of Alzheimers Disease | April 18, 2023 | United States | 63/496,910 | Filed | |||||
10699-02-US | Methods and Pharmaceutical Compositions for the Treatment and the Prevention of Alzheimers Disease | October 23, 2023 | United States | 63/592,469 | Filed | |||||
10699-03-US | Methods and Pharmaceutical Compositions for the Treatment and the Prevention of Alzheimers Disease | October 20, 2023 | United States | 63/592,123 | Filed |
3) The lists of dockets on the cover page and in the Notices section of the First License Agreement shall include D-10699.
4) The lead paragraph in Paragraph 3.3(a)(iii) is hereby amended to read:
(iii) develop a Licensed Product based on Cornell Dockets D-9134, or D-10405, D-10699, or IND 018406 (Portfolio APOE) as follows, wherein each row in the following table is an obligation under this Paragraph 3.3(a)(iii):
MILESTONE TO BE ACHIEVED | TIME FROM EFFECTIVE DATE BY WHICH MILESTONE MUST BE ACHIEVED | |
Commence a Phase II Clinical Trial of a Licensed Product | Five (5) years | |
File a BLA for a Licensed Product | Ten (10) years |
; and
5) As consideration for this Amendment, Licensee will pay Cornell an amendment fee of Thirty Thousand Dollars ($30,000.00) within thirty (30) days of the Amendment Date.
6) These changes do not otherwise change the terms and conditions of the First License Agreement.
7) This Amendment may be executed by electronic signatures or by facsimile and in two (2) or more counterparts, each of which shall be deemed an original and all of which together shall constitute but one and the same instrument.
IN WITNESS WHEREOF, both Cornell and Licensee have executed this Amendment by their respective and duly authorized officers on the day and year written.
CORNELL UNIVERSITY | LEXEO THERAPEUTICS, INC. | |||||||
By: | /s/ Lisa Placanica | By: | /s/ R. Nolan Townsend | |||||
[Signature of Authorized Officer] | [Signature of Authorized Officer] | |||||||
Name: | Lisa Placanica | Name: | R. Nolan Townsend | |||||
Title: | Senior Managing Director | Title: | Chief Executive Officer | |||||
Date: | Feb 16, 2024 | Date: | Feb 16, 2024 |
2