Sixth Amendment to Commercial Supply Agreement between MannKind Corporation and United Therapeutics Corporation

Contract Categories: Business Operations › Supply Agreements
Summary

MannKind Corporation and United Therapeutics Corporation have agreed to amend their existing Commercial Supply Agreement. Effective January 1, 2025, certain appendices related to the agreement will be updated, and staffing payments will be included in the cost of goods sold rather than being reimbursed separately. All other terms of the original agreement remain unchanged. This amendment is effective as of the last date signed by both parties, December 2, 2024.

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EX-10.3 4 mnkd-ex10_3.htm EX-10.3 EX-10.3

 

 

Exhibit 10.3

SIXTH AMENDMENT

TO

COMMERCIAL SUPPLY AGREEMENT

This amendment is effective the last date signed by a party, between MannKind Corporation, a Delaware corporation (“MannKind”), having a principal place of business at One Casper Street, Danbury, Connecticut 06810, and United Therapeutics Corporation, a Delaware public benefit corporation (“United Therapeutics”), having a principal place of business at 1000 Spring Street, Silver Spring, Maryland 20910.

WHEREAS, the parties to this amendment entered into a Commercial Supply Agreement effective as of August 12, 2021 (such agreement, as amended in a First Amendment effective October 16, 2021, a Second Amendment effective June 15, 2022, a Third Amendment effective August 31, 2022, a Fourth Amendment effective December 22, 2022 and a Fifth Amendment effective January 10, 2024, the “Agreement”), and the parties now wish to amend the Agreement as set forth below.

NOW, THEREFORE, in consideration of the terms and conditions specified herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:

1.
AMENDMENTS.
a.
Effective January 1, 2025, Appendices A and B of the Agreement are deleted in their entirety and replaced with the versions of such appendices attached hereto, and all references to such appendices in the Agreement shall be construed as references to the updated version of each such updated appendix as of such date. Until such date, the existing version of Appendices A and B shall remain in effect.
b.
Effective January 1, 2025, Appendix E of the Agreement (Staffing Payments) shall be deleted in its entirety and replaced by the version attached hereto to reflect that Staffing Payments will be included in Cost of Goods Sold (COGS) and not separately reimbursable as of such date.
2.
GENERAL. All terms of the Agreement that are not specifically modified by this amendment remain in full force and effect. The parties may execute this amendment in counterparts, each of which is deemed an original for all purposes, and which together will constitute the same instrument. The parties may execute this amendment by electronic means (electronic signature through generally recognized e-signature vendors), by scanned pdfs of wet-ink signed documents, or by return of originals.

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Signature page follows

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Confidential

 

 

 

IN WITNESS WHEREOF, the parties have caused this amendment to be signed by their duly authorized representatives as of the date indicated below.

United Therapeutics Corporation

 

By: /s/ Patrick Poisson

Name: Patrick Poisson

Title: EVP, Technical Operations

Date: December 2, 2024

MannKind Corporation

 

By: /s/ Sanjay Singh

Name: Sanjay Singh

Title: EVP, Technical Operations

Date: December 2, 2024

 

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Confidential