EX-10.11 SIXTH AMEND TO LICENSE AGREEMENT

Contract Categories: Intellectual Property - License Agreements
EX-10.11 14 b42245mtex10-11.txt EX-10.11 SIXTH AMEND TO LICENSE AGREEMENT EXHIBIT 10.11 Sixth Amendment Dated March 1, 1996 to License Agreement Between the Company and the Massachusetts Institute of Technology Dated December 14, 1987, as Amended SIXTH AMENDMENT This Amendment with Effective Date of March 1, 1996 is to the License Agreement between M.I.T. and Matritech, Inc. with the Effective date of December 14, 1989. The parties thereto now further agree as follows: Provided that LICENSEE obtains approval prior to December 31, 1997 from the U.S.F.D.A. for marketing of a Licensed Product in the U.S., the period of exclusivity for the license will be extended to the expiration date of the last to expire of the Patent Rights. If LICENSEE does not obtain F.D.A. approval by December 31, 1997 for U.S. marketing of at least one Licensed Product, this Amendment shall expire, but all other provisions of the License Agreement shall remain unchanged. Agreed to for: MASSACHUSETTS INSTITUTE MATRITECH, INC. OF TECHNOLOGY By /s/ Lita Nelson By /s/ Stephen D. Chubb - ----------------------------------- --------------------------------- Title Director Technology Licensing Officer Title Chairman and CEO - ----------------------------------- --------------------------------- Date March 1, 1996 Date March 7, 1996 - ----------------------------------- ---------------------------------