Exhibit 10.16
Confidential Materials omitted and filed separately with the
Securities and Exchange Commission. Asterisks denote omissions.
February 1, 2005
Xxxxxx X. Xxxxx, Ph.X.
Xxxxxxxxx (USA), Inc.
00 Xxxxxxxxxx Xxxx Xxxx
Xxxxxxxxxx, XX 00000
Dear Xxxxxx:
Reference is made to the Development and Production Agreement for Active
Pharmaceutical Ingredient between Siegfried (USA), Inc. and Siegfried Ltd.
("SIEGFRIED") and Momenta Pharmaceuticals, Inc. ("MOMENTA") dated October 10,
2003, as amended or supplemented by Letter Agreement dated February 14, 2004,
May 17, 2004, September 29, 2004 and January 26, 2005 (the "Agreement").
Capitalized terms used herein and not otherwise defined shall have the meanings
given such terms in the Agreement.
Pursuant to the Letter Agreement dated September 29, 2004, MOMENTA engaged
XXXXXXXXX to undertake the CONTINUING DEVELOPMENT WORK on a time and materials
basis for work authorized by MOMENTA. MOMENTA and XXXXXXXXX hereby agree that
for all CONTINUING DEVELOPMENT WORK performed on or after December 1, 2004,
XXXXXXXXX shall invoice MOMENTA for the number of FTEs (full-time equivalent
person years) actually devoted to CONTINUING DEVELOPMENT WORK at an annual rate
equal to [**] Dollars ($[**]) per FTE. All other terms and conditions of the
Agreement shall remain in full force and effect, including, without limitation,
XXXXXXXXX'x obligation to invoice MOMENTA monthly for CONTINUING DEVELOPMENT
WORK and XXXXXXXXX'x obligation to provide MOMENTA with a detailed accounting
for the month of the CONTINUING DEVELOPMENT WORK.
Xxxxxx X. Xxxxx, Ph.D.
February 1, 2005
Page 2 of 2
If the foregoing is in conformity with your understanding, please execute both
copies of this Letter Agreement and return one fully-executed copy to me.
Very truly yours,
/s/ Xxxx X. Xxxxxx
Xxxx X. Xxxxxx
Vice President, Pharmaceutical Services &
Manufacturing
Agreed and accepted:
SIEGFRIED (USA), INC.
By: [illegible]
-----------------------
SIEGFRIED LTD.
By: /s/ Xxxxxx X. Xxxxx
-----------------------
