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PUBLIC HEALTH SERVICE FIFTH AMENDMENT TO L-354-1998/0 LICENSE AGREEMENT

Patent License Agreement

PUBLIC HEALTH SERVICE FIFTH AMENDMENT TO L-354-1998/0 LICENSE AGREEMENT
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REPROS THERAPEUTICS INC.

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Title: PUBLIC HEALTH SERVICE FIFTH AMENDMENT TO L-354-1998/0 LICENSE AGREEMENT
Date: 3/20/2007
Industry: Biotechnology and Drugs    

PUBLIC HEALTH SERVICE FIFTH AMENDMENT TO L-354-1998/0 LICENSE AGREEMENT
, Parties: repros therapeutics inc.
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Exhibit 10.3

CONFIDENTIAL TREATMENT REQUESTED

PUBLIC HEALTH SERVICE

FIFTH AMENDMENT TO L-354-1998/0

This is the fifth amendment (“ Fifth Amendment ”) of the agreement by and between the National Institutes of Health (“ NIH ”) or the Food and Drug Administration (“ FDA ”), hereinafter singly or collectively referred to as (“ PHS ”), agencies of the United States Public Health Service within the Department of Health and Human Services (“ HHS ”), and Repros Therapeutics Inc., formerly known as Zonagen having an effective date of April 16, 1999 and having NIH Reference Number L-354-1998/0 (“ Agreement ”). This Fifth Amendment , having NIH Reference Number L-354-1998/5, is made between the PHS through the Office of Technology Transfer, NIH , having an address at 6011 Executive Boulevard, Suite 325, Rockville, Maryland 20852-3804, U.S.A., and Repros Therapeutics Inc.,having an office at 2408 Timbeloch Place, Suite B-7, The Woodlands, TX 77280 (“ Licensee ”). This Fifth Amendment includes, in addition to the amendments made below, 1) a Signature Page and 2) Attachment 1 (Royalty Payment Information).

WHEREAS, PHS and Licensee desire that the Agreement be amended a fifth time as set forth below.

NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, PHS and Licensee , intending to be bound, hereby mutually agree to the following:

 

1)

 

Replace APPENDIX E-BENCHMARKS AND PERFORMANCE as follows:

Licensee agrees to the following Benchmarks for the purpose of measuring its performance under this Agreement . Licensee shall notify PHS in writing within thirty (30) days of achieving all such Benchmarks . They are as follows:

 

 

 

 

 

 

 

 

 

Benchmark

 

 

 

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

1. 

 

 

Initiate Phase III Clinical trials in U.S. for first indication

 

[ ** ]

 

 

 

2. 

 

 

File NDA in the U.S. for first indication

 

[ ** ]

 

 

 

3. 

 

 

File for approval Licensed Product in Europe for first indication

 

[ ** ]

 

 

 

4. 

 

 

File for approval Licensed Product in Japan for first indication

 

[ ** ]

 

 

 

5. 

 

 

Initiate Phase III Clinical trials in U.S. for second indication

 

[ ** ]

 

 

 

6. 

 

 

File NDA in the U.S. for second indication

 

[ ** ]

 

 

 

7. 

 

 

File for approval Licensed Product in Europe for second indication

 

[ ** ]

 

 

 

8. 

 

 

File for approval Licensed Product in Japan for second indication

 

[ ** ]

 

 

2)

 

Within thirty (30) days of the execution of this Fifth Amendment , Licensee shall pay PHS an amendment issue royalty in the sum of Five Thousand US Dollars ($5,000), to be sent to the address specified in Attachment 2.

 

3)

 

In the event any provision(s) of the Agreement is/are inconsistent with Attachment 1, such provision(s) is/are hereby amended to the extent required to avoid such inconsistency and to give effect to the shipping and payment information in such Attachment 1.

 

 

 

 

 

 

A-382-2006

 

 

 

 

CONFIDENTIAL

 

 

 

 

Fifth Am


 
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