Exhibit 10.5
CONFIDENTIAL TREATMENT
AMENDMENT NO. 3
to the
RESEARCH AGREEMENT dated July 13, 2000
between the
UNIVERSITY OF SOUTHERN CALIFORNIA
and
MARET CORPORATION
March 18,2002
This amendment reflects an increase to the Research Agreement by $[ * ] from
$[ * ] to $[ * ] and to extend the period of performance to December 31, 2002.
The Research Agreement is revised as follows:
ARTICLE 3
Period of Performance, to be revised as follows:
The period of performance of this Agreement is 06/30/2000 through 12/31/2002.
This Agreement shall become effective upon the date of last signature hereto and
shall continue in effect for the full duration of the period of performance
unless sooner terminated in accordance with the provisions of Article 14.
ARTICLE 5
Costs, Xxxxxxxx and Other Support, to be revised as follows:
5.1 It is agreed and understood by the Parties hereto that, subject to
Article 2, total costs to the SPONSOR hereunder shall not exceed the amount
of $[ * ].
Additional payments shall be made by SPONSOR in advance according to
the following schedule:
[ * ] $[ * ]
[ * ] $[ * ]
[ * ] $[ * ]
[ * ] $[ * ]
All other terms and conditions remain unchanged.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment in duplicate
by duly authorized persons.
MARET CORPORATION UNIVERSITY OF SOUTHERN CALIFORNIA
By: /s/ Xxxx Xxxxxxxxx By: /s/ Xxxxx Xxxxxxxxx, Xx.
--------------------------- ------------------------------
Name: Xxxx Xxxxxxxxx Name: Xxxxx Xxxxxxxxx, Xx.
-------------------------
Title: CEO Title: Xxxxxxx and Senior Vice President,
------------------------ Academic Affairs
Date: 3/20/2002 Date: 3/19/2002
------------------------- -------------------------
*Confidential Treatment Requested. Omitted portions filed with the Commission.
