September 4, 2008 Martin H. Goldstein SVP, Corporate Development OncoMed Pharmaceuticals, Inc. Redwood City, CA 94063-4748 RE: License Agreement with OncoMed Pharmaceuticals (UM 1819) Dear Mr. Goldstein:
Exhibit 10.4(H)
September 4, 2008
Xxxxxx X. Xxxxxxxxx
SVP, Corporate Development
OncoMed Pharmaceuticals, Inc.
000 Xxxxxxxxxx Xxxxx
Redwood City, CA 94063-4748
RE: License Agreement with OncoMed Pharmaceuticals (UM 1819)
Dear Xx. Xxxxxxxxx:
From our recent conversations, we understand that potential investors in OncoMed Pharmaceuticals, Inc. (“Onco”) have raised questions regarding the references to Xxxxxx Xxxxxx Medical Institute (“HHMI”) in the August 5, 2001 License Agreement between University of Michigan (“UM”) and Cancer Stem Cell Genomics, Inc. (the predecessor in interest of Onco), as amended (the “License”). As previously indicated by telephone, UM confirms:
1. | No rights to intellectual property owned or controlled by HHMI are conveyed pursuant to the License. |
2. | Without limiting the foregoing, no rights to “Subject Property”, as that term is defined in a certain Collaboration Agreement between UM and HHMI dated August 15, 2000, are conveyed pursuant to the License and, as a result, HHMI approval of the License was not required. |
3. | Notwithstanding Section 4.7.1.6 of the License, no shares of Onco stock due UM pursuant to the License have been, or are required to be, transferred to HHMI nor will HHMI receive any portion of royalties paid by Onco under the License. |
Please feel free to call me if you have any further questions.
Sincerely,
/s/ Xxxxx X. Xxxxx
Xxxxx X. Xxxxx
Director of Licensing