Exhibit 10.19
Confidential Materials omitted and filed separately with the Securities
and Exchange Commission. Asterisks denote omissions.
SECOND AMENDMENT OF COLLABORATION AND
LICENSE AGREEMENT
This Second Amendment of Collaboration and License Agreement (the
"Second Amendment"), effective as of December 20, 2000, is made by and between
Becton, ▇▇▇▇▇▇▇▇▇ and Company, a corporation organized and existing under the
laws of New Jersey and having its principal office at ▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇
▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ("Becton ▇▇▇▇▇▇▇▇▇"), and Millennium Predictive
Medicine, Inc., a corporation organized and existing under the laws of Delaware
and having its principal ▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇ ("MPMx").
WHEREAS, Becton ▇▇▇▇▇▇▇▇▇ and MPMx are parties to a certain
Collaboration and License Agreement dated February 21, 1999 (the "Agreement");
WHEREAS, in accordance with Section 2.8(a) of the Agreement, the Joint
Steering Committee (as defined in the Agreement) has agreed upon an adjustment
to the Year [**] Milestone (as defined in the Agreement); and
WHEREAS, Becton ▇▇▇▇▇▇▇▇▇ and MPMx desire to confirm the adjustment
to the Year [**] Milestone;
NOW, THEREFORE, Becton ▇▇▇▇▇▇▇▇▇ and MPMx agree as follows:
1. Exhibit C to the Agreement is hereby deleted in its entirety and the
attached Exhibit C is hereby substituted in lieu thereof.
2. All other terms and conditions of the Agreement shall remain in full
force and effect. Further, the consent pertaining to the Agreement dated October
20, 2000 shall remain in full force and effect.
In WITNESS WHEREOF, Becton ▇▇▇▇▇▇▇▇▇ and MPMx have executed this Second
Amendment as of the date first set forth above.
BECTON, ▇▇▇▇▇▇▇▇▇ AND COMPANY
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
-----------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Senior Vice President Technology,
Strategy and Development
MILLENNIUM PREDICTIVE MEDICINE, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
-----------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, President
Confidential Materials omitted and filed separately with the Securities
and Exchange Commission. Asterisks denote omissions.
EXHIBIT C
YEAR [**]MILESTONE
a. Year [**] Milestone Composition.
i. The Year [**] Milestone consists of [**], all more fully described
below. Successful achievement of the Year [**] Milestone by MPMx shall occur
once it has been determined that all the requirements for each component
("Requirements") have been met by [**].
ii. Specific Components of the Year [**] Milestone.
(a) [**]
(i) The Requirements for fulfilling the [**] component
(collectively, the "[**] Requirement") shall consist of subsections(a)(ii),
(a)(iii), (a)(iv) and (a)(v) below.
(ii) At least [**] of the research projects ("Research Projects")
identified below shall meet the requirements applicable to such Research
Projects:
(A) [**] MPMx will [**] and will have [**].
(B) [**] MPMx will [**] and will have [**].
(C) [**] MPMx will [**] and will have [**].
(D) [**] MPMx will [**] will be [**].
(E) [**] MPMx will [**] will be [**].
(F) [**] MPMx shall [**] will be [**].
(iii) The Research Projects meeting the requirements applicable
to such Research Projects identified in subsection (a)(ii) shall include [**].
(iv) For all of the Research Projects (on a combined basis), the
research [**] described in the Research Plans for such Research Projects shall
[**] agreed to by the Joint Steering Committee for such Research Projects.
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Confidential Materials omitted and filed separately with the Securities
and Exchange Commission. Asterisks denote omissions.
(v) For all of the Research Projects (on a combined basis),
[**] set forth in the Research Plans shall [**] agreed to by the Joint
Steering Committee for the Research Plans for such Research Projects.
(b) [**]
(i) The Requirements for fulfilling the [**]component
(collectively, the [**] Requirement") shall consist of subsections (b)(ii) and
(b)(iii) below.
(ii) [**] under the Research Program have been [**].
(iii) [**] under the Research Program have, [**].
(c) [**]
(i) The Requirements for fulfilling the [**] component ([**]
Requirement") shall consist of subsections (c)(ii) and (c) (iii) below.
(ii) Becton ▇▇▇▇▇▇▇▇▇ will provide MPMx with [**]. No later
than [**], the Parties shall by mutual agreement (a) [**] of the [**] for the
Product Areas listed below; or (b) agree to [**]; or (c) agree to [**].
Specifically, [**] for purposes of subsection (c)(iii) below shall [**].
(iii) In the event that the [**], and provided further that [**]
that are estimated to provide [**]
(iv) For purposes of subsections (c)(ii) and (c)(iii) only (and
for no other purpose of the Agreement), [**] under the Agreement [**]
b. Adjustments to the Year [**] Milestone Notwithstanding
anything to the contrary in this Exhibit C, as a condition precedent to MPMx's
timely performance of its obligations with respect to the [**] as described in
each Research Plan [**] for such Requirements [**].
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