Assignment and Consent Agreement Regarding Collaboration and License Agreement among Sandoz N.V., Sandoz AG, Sandoz Inc., and Momenta Pharmaceuticals, Inc.
This agreement documents the assignment of all rights and obligations under a prior Collaboration and License Agreement from Sandoz N.V. to Sandoz AG, with Sandoz AG assuming all responsibilities. Momenta Pharmaceuticals, Inc. consents to this assignment. The agreement also removes Sandoz GmbH as a guarantor, making its guarantee null and void. The parties confirm the transfer of intellectual property rights and update the notice address for future correspondence. All parties have signed to acknowledge and agree to these changes.
Exhibit 10.2
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| Georg Rieder |
| Sandoz NV @sandoz.com |
February 1, 2007
VIA OVERNIGHT MAIL
Momenta Pharmaceuticals Inc.
675 West Kendall Street
Cambridge, Massachusetts 02142
Re: Collaboration and License Agreement between Sandoz N.V. (f/k/a Biochemie West Indies, N.V.), Sandoz Inc. (f/k/a Geneva Pharmaceuticals, Inc.), and Momenta Pharmaceuticals Inc., dated November 1, 2003 (the Collaboration Agreement); Assignment from Sandoz N.V. to Sandoz AG and removal of Sandoz GmbH as Guarantor
Gentlemen,
All terms used, but not defined, herein have the meanings ascribed to them in the Collaboration Agreement.
Sandoz N.V. is informing Momenta that it has assigned all of its rights and obligations, including without limitation any license rights it had under Momenta IP and Momentas rights in the Joint Collaboration IP, under the Collaboration Agreement to Sandoz AG, and Sandoz AG has agreed to assume all of the rights and obligations of Sandoz N.V. under the Collaboration Agreement. Sandoz N.V. desires the written consent of Momenta to such assignment pursuant to Section 14.3(b) of the Collaboration Agreement. Sandoz AG is a Swiss corporation and an Affiliate (as defined in the Collaboration Agreement) of Sandoz N.V., having its office at Lichtstrasse 35, CH 4056 Basel, Switzerland. Sandoz N.V. and Sandoz AG each represent that Sandoz N.V. has assigned to Sandoz AG all right, title and interest in and to the Sandoz IP and Sandoz N.V.s rights in the Joint Collaboration IP. By execution of this letter, all of the parties hereto also agree that the guarantee of Sandoz GmbH to the Collaboration Agreement is hereby rendered null and void and of no further force or effect. Please duly sign and return two copies of this letter to Sandoz AG, Attention: Peter Rupprecht, at the above mentioned
address, which shall forthwith be substituted for the notice address of Sandoz N.V. in Section 14.5 of the Collaboration Agreement. Thank you.
Best regards,
Sandoz N.V. |
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By: | /s/ Georg Rieder |
| By: | /s/ Barbara Kessler | |
| Name: Georg Rieder |
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| Name: Barbara Kessler | |
| Title: Managing Director |
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| Title: Member of the Board of Directors | |
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By: | /s/ Felix Eichhorn /s/ Jurgen Vierkotter |
| By: | /s/ [illegible] | |
| Name: Felix Eichhorn Jurgen Vierkotter |
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Sandoz GmbH |
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By: | /s/ E. Dolejsi Jegerbaghern |
| By: | /s/ Eric Pomerantz | |
| Name: E. Dolejsi Jegerbaghern |
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| Name: Eric Pomerantz | |
| Title: Head, Legal Head SDC |
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| Title: VP & General Counsel | |
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Acknowledged and Agreed: |
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Momenta Pharmaceuticals, Inc. |
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By: | /s/ Craig A. Wheeler |
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