AGREEMENT TO GRANT LICENSE
WHEREAS Southern Research Institute (SRI) of 0000 Xxxxx Xxxxxx Xxxxx,
Xxxxxxxxxx, Xxxxxxx 00000 and Eurobiotech Group, Inc. (Eurobiotech), a Delaware
company have entered into an Agreement to co-develop certain technology, and;
WHEREAS SRI has granted to Eurobiotech a license to co-develop the technology
and to market product(s) developed from the technology in certain territories,
as defined by the Co-development Agreement entered into by the parties, it is
further agreed;
SRI shall allow Eurobiotech to license the technology to Bioenvision, Inc, a
Delaware company that has acquired 100% of the equity holdings in Eurobiotech.
It is agreed that Bioenvision shall be bound by the terms of the Co-development
Agreement and shall make the payment due to SRI under the terms of that
Agreement.
IN WITNESS WHEREOF the parties have caused this Agreement to be executed by
their duly authorized officers on the respective dates and at the respective
places hereinafter set forth.
EUROBIOTECH: SRI:
/s/ [ILLEGIBLE] /s/ X. X. Xxxxx
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Signature Signature
[ILLEGIBLE] X. X. Xxxxx
-------------------------------- --------------------------------
Print Name Print Name
19/8/98 9/1/98
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Date Date
