AMENDMENT NUMBER ONE to the
Exhibit 10.18
*** Certain information has been excluded from this agreement because it is both (i) not material and (ii) would be competitively harmful if publicly disclosed.
AMENDMENT NUMBER ONE
to the
2019 COLLABORATION AGREEMENT
This Amendment Number One (this “Amendment”), effective as of August 16, 2022 (the “Amendment Effective Date”), amends the 2019 Collaboration Agreement (the “Agreement”) dated August 16, 2019, by and between Adimab, LLC, a Delaware limited liability company having an address at 0 Xxxxxx Xxxxx, Xxxxxxx, XX 00000 (“Adimab”), and Alector LLC, a Delaware limited liability company having an address at 000 Xxxxxx Xxxxx Xxxx., Xxxxx 000, Xxx Xxxxxxxxx, XX 00000 (hereinafter “Alector”). Capitalized terms used herein and not defined shall have the meanings ascribed to them in the Agreement.
Background
Whereas, the Parties would like to extend the Target Nomination Period on the terms set forth within;
Now, Therefore, in consideration of the foregoing premises and the mutual covenants set forth below, and for other good and valuable consideration, the receipt of which is hereby acknowledged, Xxxxxx and Xxxxxxx hereby agree as follows:
1.78 “Target Nomination Period” means the term beginning on the Effective Date and ending on [***].
1.34 “FTE Rate” means [***] per FTE.
*** Certain information has been excluded from this agreement because it is both (i) not material and (ii) would be competitively harmful if publicly disclosed.
In Witness Whereof, the Parties have by duly authorized persons executed this Agreement as of the Amendment Effective Date.
Alector LLC: Adimab, LLC:
By: /s/ Xxxxx Xxxxxxxxx By: /s/ Xxxxxx Xxxxx
Title: Chief Executive Officer Title: Chief Executive Officer
Date: 2/23/2023 Date: 2/9/2023
*** Certain information has been excluded from this agreement because it is both (i) not material and (ii) would be competitively harmful if publicly disclosed.