January 6, 2022 Scholar Rock, Inc. Third Floor Cambridge, MA 02142
Execution Copy
Confidential
January 6, 2022
Scholar Rock, Inc.
000 Xxxxxx Xxxxxx
Third Floor
Cambridge, MA 02142
Re: | Expiration of the Master Collaboration Agreement, by and between Gilead Sciences, Inc. (“Gilead”) and Scholar Rock, Inc. (“SR”), effective as of December 19, 2018 (the “Collaboration Agreement”) |
Ladies and Gentlemen:
Capitalized terms used in this letter and not defined herein shall have the meaning set forth in the Collaboration Agreement (as defined above). Gilead and SR are each referred to herein by name or as a “Party”, or, collectively, as the “Parties”.
As of December 19, 2021, Gilead decided not to exercise any option to any Program under the Collaboration Agreement and the Collaboration Agreement has expired in its entirety pursuant to the terms of Section 10.1 of the Collaboration Agreement.
1
Execution Copy
Confidential
Please confirm your agreement to the above by signing and returning a copy of this letter agreement.
Sincerely,
GILEAD SCIENCES, INC.
BY: /s/ Xxxxxxx Xxxxxx
NAME: Xxxxxxx Xxxxxx
TITLE: V.P. Alliance Management
Acknowledged and agreed to by:
SCHOLAR ROCK, INC. |
BY: /s/ Xxxxxx Xxxxxxxxxxx
NAME: Xxxxxx Xxxxxxxxxxx
TITLE: Interim CEO
2