EXHIBIT 10.1
AMENDMENT NO. 1
TO SERVICES AGREEMENT
This AMENDMENT NO. 1 (the "Amendment") to Services Agreement is
entered into this 24th day of August, 1998, effective as of
September 5, 1997, between ALZA Corporation ("ALZA") and
Crescendo Pharmaceuticals Corporation ("Crescendo").
RECITALS
A. ALZA and Crescendo are parties to a Services Agreement
(the "Agreement") dated as of September 5, 1997.
B. Pursuant to the Agreement, ALZA provides various
administrative services to Crescendo.
C. The parties wish to amend the Agreement as set forth
herein.
NOW, THEREFORE, the parties agree as follows:
1. Section 4 of the Agreement is eliminated in its
entirety and the following is substituted therefor:
"4. Indemnification. Crescendo hereby agrees to
indemnify, protect and hold ALZA harmless from any and all
liabilities, costs or expenses incurred by ALZA as a result
of the services rendered by it under this Agreement,
including, without limitation, lawsuits of and claims by
third parties, except for liabilities, costs or expenses
resulting from ALZA's gross negligence or willful
misconduct. ALZA hereby agrees to indemnify, protect and
hold Crescendo harmless from any and all liabilities, costs
or expenses incurred by Crescendo resulting from the gross
negligence or willful misconduct of ALZA or any of its
employees or agents in the performance of services rendered
by ALZA under this Agreement. The party claiming the right
to indemnification under this Section 4 shall give the
indemnifying party prompt written notice, in the manner set
forth in Section 6.7 below, of any claim or demand made
against the party seeking indemnity for which such party may
be entitled to indemnification under this Section 4."
2. Except as set forth in this Amendment No. 1, the
Agreement remains in full force and effect as originally
executed.
IN WITNESS WHEREOF, the parties have executed this Agreement
as of the date first set forth above.
Crescendo Pharmaceuticals Corporation
By: /s/ Xxxx X. Xxxx
Its: President and Chief Executive
Officer
ALZA Corporation
By: /s/ Xxxxx Xxxxxx
Its: Senior Vice President and
Chief Financial Officer