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AMENDMENT NUMBER ONE TO EXCLUSIVE LICENSE AGREEMENT

License Agreement

AMENDMENT NUMBER ONE TO EXCLUSIVE LICENSE AGREEMENT | Document Parties: NEUROGESX INC | THE REGENTS OF THE UNIVERSITY OF CALIFORNIA You are currently viewing:
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NEUROGESX INC | THE REGENTS OF THE UNIVERSITY OF CALIFORNIA

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Title: AMENDMENT NUMBER ONE TO EXCLUSIVE LICENSE AGREEMENT
Date: 2/7/2007

AMENDMENT NUMBER ONE TO EXCLUSIVE LICENSE AGREEMENT, Parties: neurogesx inc , the regents of the university of california
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Exhibit 10.6.1

A MENDMENT N UMBER O NE

TO

E XCLUSIVE L ICENSE A GREEMENT

BETWEEN

T HE R EGENTS OF THE U NIVERSITY OF C ALIFORNIA AND N EUROGES X, I NC .

THE REGENTS OF THE UNIVERSITY OF CALIFORNIA, a California corporation having its statewide administrative offices at 1111 Franklin Street, Oakland, California 94607-5200, (“The Regents”), and acting through its Office of Technology Management, University of California San Francisco, 1294 Ninth Avenue - Suite 1, Box 1209, San Francisco, CA 94143-1209 (“UCSF”) and NEUROGESX, INC., a California corporation having a principal place of business at 969C Industrial Boulevard, San Carlos, California, (the “Licensee”) hereby amend that certain Exclusive License Agreement, dated as of November 1, 2000, by and between the parties hereto (hereinafter the “Agreement”) effective as of November 1, 2001 (the “Amendment Date”).

WITNESSETH

WHEREAS, The Regents and Licensee entered into the Agreement;

WHEREAS, The Regents has not been able to provide the exclusive rights to Regents’ Patent Rights for which Licensee had bargained for; and

WHEREAS, The Regents and Licensee wish to continue their relationship regarding the Regents’ Patent Rights but on modified terms reflecting the changed economic basis of their relationship;

NOW, THEREFORE, in and for consideration of the promises and covenants contained herein and pursuant to Section 30.3 of the Agreement, The Regents and Licensee agree to amend the Agreement as follows:

 

1.

Section 4.4 is hereby deleted in its entirety.

 

2.

Article 6 is hereby deleted in its entirety.

 

3.

Section 7.1 is hereby amended by replacing “one percent (1%)” with “one-half percent (0.5%)”.

 

4.

Section 7.6 is hereby deleted in its entirety.

 

5.

Section 7.7 is hereby amended by deleting the first sentence and subsections (a) through (d) and by moving the text of subsection (e) to immediately follow the section number so that there are no subsections in Section 7.7.

 

6.

Section 7.7 (after amending as above) is hereby further amended by deleting “In addition,” in the first sentence.

 

7.

Section 7.8 is hereby amended by replacing, in clause (ii), “Licensee” with “The Regents”.

 

8.

Section 7.8 is hereby further amended by deleting, in clause (iii) “only with respect to the milestone payable under Section 7.7(e),”.

 

9.

Section 9.1 is hereby amended by replacing “February 28, 2001” wit


 
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