Amendment No. 1 to Letter of Agreement between SmithKline Beecham Corporation and Quest Diagnostics Incorporated

Summary

SmithKline Beecham Corporation (doing business as GlaxoSmithKline) and Quest Diagnostics Incorporated have agreed to extend the term of their existing Letter of Agreement. The new expiration date is the earlier of May 31, 2008, or when a new Global Clinical Trials Agreement is fully executed. All other terms of the original agreement remain unchanged. This amendment is effective as of March 31, 2008, and is signed by authorized representatives of both companies.

EX-10.1 2 c53221_ex10-1.htm c53221_ex10-1.htm

Exhibit 10.1

CONFIDENTIAL

Amendment #1 to the
Letter of Agreement between
SmithKline Beecham Corporation and
Quest Diagnostics Incorporated

Effective March 31, 2008

   
1.        

The purpose of this Amendment #1 to the Letter of Agreement effective January 1, 2008 between SmithKline Beecham Corporation d/b/a GlaxoSmithKline and Quest Diagnostics Incorporated (hereinafter the “LOA”) is to extend the term referenced in section 2 of the LOA to the earlier of (i) May 31, 2008, or (ii) the full execution of a new comprehensive Global Clinical Trials Agreement.

 
2.

All other terms and conditions of the LOA shall remain in full force and effect.

 
3.

The parties hereto agree to this Amendment #1 to the LOA by their authorized signatures below.

 

SMITHKLINE BEECHAM CORPORATION   QUEST DIAGNOSTICS INCORPORATED  
       
       
       
Paula M. Russella   Daniel P. Megronigle  
Sourcing Group Manager   Executive Director, Sales & Marketing  
       
       
Date   Date  

 

 

Letter of Agreement, Amendment #1

Page 1 of 1