Amendment #1 to Project Rider #1, effective as of December 6, 2018, pursuant to the Collaboration Agreement by and between the Registrant and Be The Match BioTherapies, dated as of November 10, 2017
Exhibit 10.9.3
AMENDMENT #1
TO
PROJECT RIDER #1
COLLABORATION AGREEMENT
This Amendment #1 (Amendment #1) is entered into effective as of the date of the final signature executing this Amendment #1 (Amendment #1 Effective Date), by and between Magenta Therapeutics, Inc. (Magenta) and Be The Match Biotherapies, LLC (BTMB), (each a Party and collectively the Parties) as those Parties are defined in Attachment A, Project Rider, effective December 6, 2017 (collectively, the Project Rider #1).
WHEREAS, the Parties executed a Collaboration Agreement, effective November 10, 2017, and Project Rider #1, effective December 6, 2017; and
WHEREAS, the Parties agree to revise the Statement of Work and 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 amendments to be effective as of the Amendment #1 Effective Date as follows:
Amendment to Project Rider #1
1. | Revise subparagraph (a) of Section A. Statement of Work so that Dr. Dennis Confer is replaced with Dr. Steven Devine. |
2. | 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
$248,804 for Services provided by BTMB during the December 6, 2017 through December 31, 2018 timeperiod. | The Parties have mutually agreed that the total amount due BTMB for the December 6, 2017 through December 31, 2018 timeperiod has been revised to a fixed price payment of $248,804, of which BTMB has already received payment in full. | |
The Parties also acknowledge that the CIBMTR Corporate Leader Level membership for 2018 (as referenced in subparagraph (c) of Section A. Statement of Work) has been paid in full. |
1
For Services provided by BTMB during Calendar Year 2019 (January 1, 2019 through December 31, 2019), 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 3lst. | |
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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2
This Amendment #1 is executed by individuals who are duly authorized to legally bind their respective parties as of the Amendment #1 Effective Date:
MAGENTA THERAPEUTICS, INC. | BE THE MATCH BIOTHERAPIES, LLC | |||||||
By: | /s/ Christina Isacson | By: | /s/ Brian Lindberg | |||||
Authorized Signature | Authorized Signature | |||||||
Christina Isacson | Brian Lindberg | |||||||
(Typed/Printed Name) | (Typed/Printed Name) | |||||||
Title: | CBO | Title: | Corporate Vice President | |||||
Date: | 12/6/18 | Date: | Dec 6, 2018 |