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Amendment to License Agreement

License Agreement

Amendment to License Agreement | Document Parties: Biocoat, Inc | Micro Therapeutics, Inc You are currently viewing:
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Biocoat, Inc | Micro Therapeutics, Inc

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Title: Amendment to License Agreement
Date: 3/14/2007
Industry: Medical Equipment and Supplies     Sector: Healthcare

Amendment to License Agreement, Parties: biocoat  inc , micro therapeutics  inc
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Exhibit 10.47

Amendment to License Agreement

This will amend the license agreement between Micro Therapeutics, Inc. ("MTI") and Biocoat, Inc. ("Biocoat") of December 9, 1999 (the "Agreement" and this "Amendment").

The effective date of this Amendment is January 1, 2005.

Schedule A of the Agreement, listing the Products, is hereby replaced with the attached Schedule A, dated November 4, 2004.

MTI hereby represents that it intends to use the hydrophilic coatings technology licensed from Biocoat for the Products listed in the attached Schedule A for the remaining term of the Agreement.

In consideration of this representation of MTI, Biocoat agrees to replace the Royalty Rate
Schedule of the Agreement, Schedule D, with the attached Schedule D, dated November
4, 2004.

Both parties to the Agreement hereby signify their approval of this Amendment.

/s/Djoerd Hoekstra, President

 

/s/William H. Dippel

 

 

Djoerd Hoekstra, President

 

William H. Dippel, V.P. Operations

 

 

Biocoat, Inc.

 

Micro Therapeutics, Inc.

 

 

Date:

12/09/04

 

 

Date:

12/10/04

 

 

 

                 

 

 

 

SCHEDULE A

PRODUCTS

 

 

Model #

 

Description

 

 

 

 

 

HYPERFORM

 

104-4470

 

HYPERFORM 4.0 X 7 MM SYS

HYPERFORM

 

104-4770

 

HYPERFORM 7.0 X 7 MM SYS

HYPERGLIDE

 

104-41 08

 

HYPERGLIDE 15 MM ST BALL

HYPERGLIDE

 

104-4112

 

HYPERGLIDE 4.0 X 15 MM,

HYPERGLIDE

 

104-4113

 

HYPERGLIDE 4.0X10 MM

HYPERGLIDE

 

104-4120

 

HYPERGLIDE, 10 MM ST BAL

HYPERGLIDE

 

104-4127

 

HYPERGLIDE 4.0 X 20 MM,

HYPERGLJDE

 

104-4130

 

HY


 
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