Exhibit 10.52
The
confidential portions of this exhibit have been filed separately
with the Securities and Exchange Commission pursuant to a
confidential treatment request in accordance with Rule 24b-2 of the
Securities and Exchange Act of 1934, as amended. REDACTED
PORTIONS OF THIS EXHIBIT ARE MARKED BY AN [##].
Amendment
and Addendum to
Consultant Services and
Confidentiality Agreement
This Amendment and
Addendum to Consultant Services and Confidentiality
Agreement (the
“Amendment” ) is entered into as of
December 1, 2008 (the “Amendment Date” )
by and between, on the one hand, OMP, Inc. , a Delaware
corporation ( “OMP” ); and, on the other
hand, José
Ramirez , an individual, and JR Chem LLC , a Florida
limited liability company (collectively,
“JR” ). All capitalized terms
used but not otherwise defined herein shall have the meanings
assigned under the Consultant Services and Confidentiality
Agreement between OMP and JR dated as of July 18, 2005
(the “Original Agreement” and,
collectively with, and as amended by, this Amendment, the
“Agreement” ).
Whereas,
subject to the terms and conditions
of the OriginalAgreement, and effective as of July 18, 2005,
JR granted to OMP, during the License Term, an exclusive,
royalty-bearing license, including the right to sublicense through
multiple tiers of sublicense, under the Licensed Technology, to
develop, make, have made, use, sell, have sold, offer for sale and
import BiMineral Complex and Products;
Whereas,
OMP and JR wish to amend the terms
and conditions applicable to the license granted by JR to OMP with
respect to the BiMineral Complex (defined below) but only insofar
as it applies to sales to Rohto (as defined below); and
Whereas, OMP
currently wishes to sub-license
products set forth on Exhibit A that contain the
BiMineral Complex to Rohto Pharmaceutical Co. Ltd., a Japanese
corporation with principal offices located at 1-8-1, Tatsumi-nishi,
Ikuno-ku, Osaka 544-8666, Japan (“ Rohto”
).
Now,
Therefore, in
consideration of the foregoing recitals and the mutual promises
hereinafter set forth, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties agree as follows:
1.
Additional Defined
Terms.
(a)
“BiMineral Complex” shall mean reacted active,
copper zinc malonate.
(b) “
Effective Date ” shall mean July 18, 2005.
(c)
“Field” shall mean Skin Healthcare, dermatology,
aesthetic procedures, plastic surgery, and each other use described
in Exhibit B to the Original Agreement.
(d)
“Licensed Patents” shall mean: (a) the
patents and patent applications listed in
Schedule 1 to this Amendment; (b) any and
all divisionals, continuations and continuations-in-part of any of
the foregoing patents and patent applications; (c) any and all
foreign patents and patent applications associated with any of the
foregoing patents and patent applications; (d) any and all
patents issued or issuing from any of the foregoing patent
applications; and (e) reissues, reexaminations, restorations
(including supplemental protection certificates) and extensions of
any of the foregoing.
(e)
“Licensed Technology” shall mean the Licensed
Patents and all related know-how disclosed, or that may in the
future be disclosed, to OMP in connection with the Services or
otherwise pursuant to the Agreement.
(f)
“License Term” shall mean the period beginning
on the Effective Date and, unless the license granted under this
Amendment is earlier terminated in accordance with
Section 2(b) of this Amendment, continuing until the
expiration of all royalty payment obligations hereunder.
(g)
“Product” shall mean any product in any form or
formulation that contains or incorporates BiMineral
Complex.
(h)
“Sales Revenues” shall mean the amounts actually
received by OMP from the sale of BiMineral Complex and/or Product,
as applicable, to Rohto.
(i)
“Unit” shall mean a single unit of a particular
Product that is intended for sale to the end user or
consumer.
(j)
“Valid Claim” shall mean a claim contained in an
issued and unexpired patent which has not been held unenforceable,
unpatentable or invalid by a decision of a court or other
governmental agency of competent jurisdiction, unappealable or
unappealed within the time allowed for appeal, and which has not
been admitted to be invalid or unenforceable through abandonment,
reissue, disclaimer or otherwise.
(a)
Royalty.
In full consideration of the
license granted under this Amendment, OMP shall pay to JR royalties
based o