to the Research, Option and LicenseAgreement dated September 29, 1994
Exhibit 10.30
Amendment # 5
to the Research, Option and License Agreement
dated September 29, 1994
This Amendment, dated this 23rd day of September, 2002, is by and between VICAL INCORPORATED, a Delaware Corporation (VICAL), having a place of business located at 9373 Towne Centre Drive, Suite 100, San Diego, California 91212, USA, AVENTIS PASTEUR, a French Société Anonyme (AvP), having a registered head office located at 2 avenue Pont Pasteur, 69007 Lyon, France, and AVENTIS PASTEUR Limited, a company organized and existing under the laws of the Province of Ontario, Canada (AvP-Canada) and having its principal place of business at Connaught Campus, 1755 Steeles Avenue West, Toronto, Ontario, Canada M2R 3T4.
WHEREAS, VICAL and AvP entered into a Research, Option and License Agreement (the Agreement) as of September 29, 1994, as amended by Amendment #1 dated as of September 29, 1994, by Amendment # 2 dated January 26, 1996, by Amendment # 3 dated as of April 15, 1996, and by Amendment # 4 dated December 7, 2001 (Amendment # 4) under which AvP was granted Options in the Field of Immunotherapeutic vaccines against cancer in humans containing the [***] and to obtain an exclusive license under certain Patent Rights and certain associated technologies owned by or licensed to VICAL; and
WHEREAS, VICAL informed AvP of its interest in reacquiring the rights related to [***]; and
WHEREAS, according to Amendment # 4, AvPs Option Period will not expire before [***]; and
WHEREAS, AvP agrees to return its rights to [***] to VICAL;
NOW, THEREFORE, the parties agree to amend the Agreement as follows :
1. VICAL hereby requests that AvP abandons its rights to [***] before the end of the Option Period (as defined in Amendment # 4).
2. AvP hereby agrees to abandon the Option rights with respect to [***] (as described in point 3. of Amendment # 4), effective immediately.
3. In consideration of the reversion of rights, as soon as practicable upon execution of this Amendment # 5, VICAL will:
Refund to AvP-Canada the USD [***] paid after execution of Amendment # 4; and
[***] Confidential material redacted and separately filed with the Commission.
Pay to AvP an additional USD [***] for AvPs administrative efforts since execution of Amendment # 4.
4. Additionally, VICAL hereby offers to AvP an Option to obtain an exclusive, worldwide, royalty bearing license to an available cancer specific antigen (antigen to be identified by a GenBank accession number) under the same terms and conditions as Amendment #4. Such Option shall expire [***] following execution of the present Amendment #5. For the purpose of this Amendment #5, available cancer specific antigen shall mean a cancer specific antigen that:
(i) VICAL is not pursuing either alone or with a Third Party; OR
(ii) VICAL has not granted rights to a Third Party.
5. Any provision of the Agreement not modified by this Amendment # 5 shall remain unchanged. Capitalized terms in this Amendment # 5 shall have the meaning set forth in the Agreement unless otherwise specified.
IN WITNESS WHEREOF, the parties hereto have had this Amendment # 5 executed by their authorized representatives as set forth below.
VICAL INCORPORATED | AVENTIS PASTEUR Limited | |||||
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By : | /s/ VIJAY SAMANT |
| By : | /s/ MARK LIEVONEN |
| |
| Vijay SAMANT |
| Mark LIEVONEN | |||
| President and C.E.O. |
| President | |||
Date : 9/23/02 | Date : 10/18/02 | |||||
AVENTIS PASTEUR S.A. | | |||||
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By : | /s/DAVE WILLIAMS |
| By : | /s/ JIM TARTAGLIA |
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| Dave WILLIAMS |
| Jim TARTAGLIA | |||
| President and CEO |
| Vice-President Research | |||
Date : 10/7/02 | Date : 10/21/02 | |||||
[***] Confidential material redacted and separately filed with the Commission.
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