EXHIBIT 10.3
* CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH
THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN
REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
AMENDMENT FOUR
TO
DEVELOPMENT AGREEMENT
ADDITIONAL WORK
This Amendment Four made as of 13 May 2001 ("Effective Date") between
SRI International, a California, non-profit and public benefit corporation,
having a place of business located at 000 Xxxxxxxxxx Xxxxxx, Xxxxx Xxxx, XX
00000 (hereinafter "SRI") and Lipid Sciences Incorporated, a Delaware
corporation, having a place of business located at 0000 Xxxx Xxxxxx Xxxxxxx,
Xxxxx 000, Xxxxxxxxxx, XX 00000 (hereinafter "LSI").
WHEREAS, SRI and LSI have entered into a development agreement having
an effective date of October 6, 2000 and an Amendment One thereto dated March 8,
2001 and Amendment Two dated March 28, 2001 and Amendment Three dated May 12,
2001 (hereinafter individually and collectively "Development Agreement") and
which the parties hereby amend; and
WHEREAS, the parties intend that this Amendment Four provides for the
details of additional work, which is outside of the scope of Phase II
Development Plan of the Development Agreement.
NOW, THEREFORE, in consideration of the premises and mutual covenants
herein contained, SRI and LSI agree as follows:
1. For consistency and unless otherwise defined herein all initially
capitalized terms shall have the meaning set forth in the Development
Agreement.
2. The scope of work and project cost, which the parties agree are outside
of the scope of Phase II Development Plan of the Development Agreement
are attached hereto as Exhibit A.
3. Unless expressly amended by this Amendment Three, all other terms and
conditions of the Development Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed as of the date last subscribed below.
SRI: LSI:
SRI International Lipid Sciences, Incorporated
By: /s/ Xxxxxxxx Xxxxxx-Xxxxxxx By: /s/ Xxxx Xxxxxxx
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Xxxxxxxx Xxxxxx-Xxxxxxx Xxxx Xxxxxxx, Ph.D.
Contracts Manager President & Chief Executive Officer
Date: 11/8/01 Date: 11/13/01
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EXHIBIT A
[ * ]
2
