Amendment to Grant Agreement Between Bill & Melinda Gates Foundation and Vir Biotechnology Inc. (No Cost Extension)
This amendment extends the term of the grant agreement between the Bill & Melinda Gates Foundation and Vir Biotechnology Inc. to March 31, 2022, without increasing the total grant amount, which remains up to $14,882,418.08. The amendment also updates the reporting and payment schedule for the grant. All other terms of the original agreement remain unchanged, and in case of any conflict, the terms of this amendment will take precedence.
Exhibit 10.43
CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) IS THE TYPE THAT VIR BIOTECHNOLOGY, INC. TREATS AS PRIVATE OR CONFIDENTIAL.
AMENDMENT INFORMATION | |
Agreement to be Amended: | Grant agreement between the Bill & Melinda Gates Foundation and Vir Biotechnology Inc effective March 16, 2018, as amended, and bearing Investment ID INV-009475/OPP1182112 |
Amendment Purpose: | No Cost Extension |
Amendment Date: | Date of this email |
Amended “End Date”: | The term of the Agreement is extended by changing the End Date to March 31, 2022 |
THIS AMENDMENT amends, and is made part of, the above-referenced Agreement and is effective as of the date of this email. Capitalized terms not defined in this Amendment will have the meaning provided in the Agreement. Except as modified by this Amendment, all other terms and conditions of the Agreement remain in full force and effect. In the event of a conflict between the Agreement and this Amendment, the terms of this Amendment will prevail. | ||||||
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UPDATED REPORTING & PAYMENT SCHEDULE | ||||||
This Amendment notifies You that the reporting and/or payment schedule for Your grant has changed. Your updated Reporting & Payment Schedule is deleted and replaced with the following: | ||||||
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REPORTING & PAYMENT SCHEDULE |
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Investment Period | Target, Milestone, or Reporting Deliverable | Due By | Payment Date | Payment Amount (U.S.$) |
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| [***] | [***] | [***] | [***] |
| |
[***] | [***] | [***] | [***] | [***] |
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| [***] | [***] | [***] | [***] |
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[***] | [***] | [***] |
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[***] | [***] | [***] |
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[***] | [***] | [***] |
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| [***] |
| [***] | [***] |
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[***] | [***] | [***] |
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Total Grant Amount | Up to $14,882,418.08 |
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