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Technology Development and Services Agreement [Amendment No. 4]

 

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Title:

Technology Development and Services Agreement [Amendment No. 4]

Entities:

Lynx Therapeutics, Inc.; Spectragen, Inc.; Aventis Cropscience GmbH

Date:

2002

Size:

Preview shows 6KB of 21KB total

Price:

$35

ID:

#279329

 

 

► Services ► Services Agmt. ► Development ► Technology Development & Services Agreements
► Biotech & Drugs ► Medicinal Chemicals & Botanical Products

 

 

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                               FOURTH AMENDMENT TO

TECHNOLOGY DEVELOPMENT AND SERVICES AGREEMENT


This Fourth Amendment to Technology Development and Services
Agreement (this "Amendment") is made and entered into as of March 31, 2002 by
and between Lynx Therapeutics, Inc., a Delaware corporation, and its
majority-owned subsidiaries (including Spectragen, Inc.) (collectively, "Lynx"),
and Aventis CropScience GmbH, a German corporation ("CropScience" and, formerly,
"AgrEvo").

RECITALS

A. The parties hereto (or their predecessors) previously entered
into that certain Technology Development and Services Agreement dated as of
October 2, 1995, as amended by the First Amendment to Technology Development and
Services Agreement dated as of September 1, 1997, as further amended by the
Amended and Restated First Amendment to Technology Development and Services
dated as of May 1, 1998, the Second Amendment to Technology Development and
Services Agreement dated as of March 1, 1999, the Third Amendment to Technology
Development and Services Agreement dated as of December 1, 1999 (the "Third
Amendment"), the letter agreement dated March 16, 2001, the letter agreement
dated November 8, 2001 and the letter agreement dated December 13, 2001
(collectively, as amended, the "Original Agreement").

B. The Original Agreement [ * ] its subscription pursuant to Section
2.4. of the Original Agreement.

C. Pursuant to the Original Agreement, the parties jointly developed
certain technologies for use in identifying (among other things) whether [ * ].

D. The parties desire to create a Fourth Amendment to Technology
Development and Services Agreement to extend the term of the Original Agreement
and incorporate certain terms and conditions relating to the new technology, all
as described more fully herein.

AGREEMENT

NOW, THEREFORE, in consideration of the foregoing premises and the
covenants and promises contained in this Agreement, the parties hereby agree as
follows:

1. [ * ] Technology. The Original Agreement shall be amended by adding new
Sections 1.7, 1.8 and 1.9 as follows:



{PAGE}

1.7 "[ * ] Technology" means a Megasort based assay of a [ * ],
which shall have such performance characteristics as identified from time
to time by the JRC, as well as any additional technology arising out of
performance under the [ * ] Development Plan.

1.8 "[ * ] Development Plan" means the science plan agreed upon by
CropScience and approved by Lynx relating to the joint development of the
[ * ] Technology, pursuant to which the [ * ] Technology will be developed
within [ * ] from the date of execution of this Amendment.

1.9 "Product Launch" means such time as the JRC determines the [ * ]
Technology may be offered commercially to the public market.

1.10 "Net Profits" shall mean Net Sales or Revenues less: Cost of
Sales or Revenues; and marketing, selling and general and administrative
expenses directly related or appropriately allocable to generating Net
Sales or Revenues.

1.11 "Net Sales" or "Revenues" shall mean gross sales or revenues
received by Lynx Therapeutics, Inc. and/or its divisions, affiliates,
business units, subsidiaries and sublicensees from: (i) the sale of
products using or incorporating the [ * ] Technology; and/or from (ii)
licensing-out the [ * ] Technology; and/or from (iii) the services
provided by Lynx to third parties by making use of the [ * ] Technology
sold in arm's length transactions with unaffiliated third parties in the
ordinary course of business, after deduction of the following items: (a)
trade, cash and quantity discounts or rebates actually allowed or taken;
(b) credits or allowances given or made for rejection or return of
previously sold products or for retroactive price reductions; (c) any tax
or government charge (other than an income tax) levied on the sale,
transportation or delivery of products and borne by the seller thereof;
(d) and charges for freight and insurance directly related to distribution
of the products or provision of services. Net sales shall not include
sales or transfers of the product or service between Lynx and its
divisions, affiliates, business units, subsidiaries and sublicensees
unless such sale is considered a final sale of such product or service

1.12 "Cost of Sales or Revenues" shall mean the sum of (a) the costs
of goods produced and/or services performed, determined in accordance with
generally accepted accounting principles in the United States as applied
by Lynx, including but not limited to costs of direct labor, direct
materials, and other direct items, as well as allocable overhead; and (b)
any reasonable royalties due to third parties with respect to licensed-in

 

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