Exhibit 10.7
*Certain confidential information contained in this document, marked by
brackets, has been omitted and filed with the Securities and Exchange Commission
pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
September 28, 2001
Mr. Xxxxxxx Xxxx
Member of the Board
Executive Vice President
Pharmaceutical Division
Japan Tobacco, Inc.
0-0-0 Xxxxxxxxx
Xxxxxx-xx, Xxxxx 000-0000
Xxxxx
RE: LICENSE AND COLLABORATIVE RESEARCH AGREEMENT, DATED JUNE 15, 1999, BETWEEN
CORIXA CORPORATION ("CORIXA") AND JAPAN TOBACCO INC. ("JT") (THE "AGREEMENT")
Dear Xx. Xxxx:
This Letter Agreement sets forth our understanding regarding the Research
Program to be performed by Corixa during the third year of the Research Program
Term. All capitalized terms not otherwise defined herein shall have the
definitions given them in the Agreement.
Except as set forth herein or otherwise modified in accordance with the
Agreement, the Research Program during the third year of the Research Program
Term will be as set forth in the Year 3 Work Plan attached hereto as Exhibit A
and incorporated herein by this reference (the "Work Plan"). JT will be
responsible for [*] FTE. Also, JT will be responsible for two thirds of the
Direct Costs set forth therein. The parties acknowledge that Direct Costs are
good faith estimates as of August 27, and subject to mutual agreement, actual
costs may be changed. In addition to the foregoing, the Research Program during
the third year of the Research Program Term will include [*] Corixa FTE's in
addition to those identified in the Work Plan (the "Additional FTE's"). The
Additional FTEs will also be in addition to the employees currently employed by
Corixa and funded by JT pursuant to the Letter Agreement, dated June 15, 1999,
between Corixa and JT. The Additional FTEs shall perform lung cancer antigen
discovery and characterization work in keeping with the goal of validation of
additional antigens for potential future clinical investigations. Each
Additional FTE shall be funded by JT at the rate of $[*]. Details of the
research goal will be discussed and agreed upon separately. Data generated as a
result of JT funding of the Additional FTEs shall be
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* Confidential Treatment Requested
provided to JT on a regular basis and shall be treated as "Confidential
Information" in keeping with the Agreement.
Unless otherwise agreed between JT and Corixa, the Research Program Term shall
end on July 19, 2002.
If JT agrees to the foregoing, please have the enclosed duplicate original of
this letter executed as indicated below and returned to my attention.
Sincerely,
Xxxxxx Xxxxxx, Ph.D.
Chairman, Chief Executive Officer
Acknowledged and Accepted:
JAPAN TOBACCO INC.
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By: Xxxxxxx Xxxx
Member of the Board
Executive Vice President
Pharmaceutical Division