Amendment #2 to Project Rider #1 of Collaboration Agreement between Magenta Therapeutics, Inc. and National Marrow Donor Program d/b/a Be The Match Biotherapies
Magenta Therapeutics, Inc. and the National Marrow Donor Program (doing business as Be The Match Biotherapies) have agreed to amend their existing collaboration agreement. This amendment updates the payment schedule for consulting services provided by Be The Match Biotherapies during 2020. Magenta will pay a fixed quarterly fee of $25,000, with invoices issued on specified dates for each quarter. All other terms of the original agreement remain unchanged.
Exhibit 10.10.4
AMENDMENT #2
TO
PROJECT RIDER #1
COLLABORATION AGREEMENT
This Amendment #2 to Project Rider #1 (Amendment #2) is entered into effective as of the date of the final signature executing this Amendment #2 (Amendment #2 Effective Date) by and between Magenta Therapeutics, Inc. (Magenta) and National Marrow Donor Program d/b/a Be The Match Biotherapies (BTMB) (each a Party and collectively the Parties).
WHEREAS, the Parties executed a Collaboration Agreement, effective November 10, 2017 and a Project Rider, effective December 6, 2017 (as amended by that certain Amendment #1, effective December 6, 2018, Project Rider #1); and
WHEREAS, the Parties agree to revise the Payment Schedule of the Project Rider #1.
NOW, THEREFORE, for the valuable consideration contained herein, and intending to be legally bound, Magenta and BTMB agree to the following amendment to be effective as of the Amendment #2 Effective Date as follows:
Amendment to Project Rider #1
1. | Delete the Payment Schedule in Section D. Compensation of BTMB of Project Rider #1 in its entirety and replace it with the following to read as follows: |
PAYMENT SCHEDULE
For Services provided by BTMB during Calendar Year 2020 (January 1, 2020 through December 31, 2020), Magenta will pay BTMB a fixed price quarterly payment of $25,000. | BTMB will invoice $25,000 every January 15th for consulting services occurring during the period commencing January 1st and ending March 31st.
BTMB will invoice $25,000 every April 15th for consulting services commencing April 1st and ending June 30th.
BTMB will invoice $25,000 every July 15th for consulting services commencing July 1st and ending September 30th.
BTMB will invoice $25,000 every October 15th for consulting services commencing October 1st and ending December 31st. |
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This Amendment #2 is executed by individuals who are duly authorized to legally bind their respective parties as of the Amendment #2 Effective Date:
MAGENTA THERAPEUTICS, INC. | NATIONAL MARROW DONOR PROGRAM d/b/a BE THE MATCH BIOTHERAPIES | |||||||
By: | /s/ Christina Isacson | By: | /s/ Mary Frey | |||||
Authorized signature | Authorized signature | |||||||
Christina Isacson | Mary Frey | |||||||
(Typed/Printed Name) | (Typed/Printed Name) | |||||||
Title: | Chief Business Officer | Title: | Contracts & Procurement Department | |||||
Date: | November 13, 2019 | Date: | 11/12/19 |
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