FIRST AMENDMENT TO COLLABORATION AND LICENSE AGREEMENT Dated 19 December 2019 BETWEEN GENMAB B.V. AND CUREVAC AG

Exhibit 10.32

REDACTED

Certain identified information, indicated by [*****], has been excluded from the exhibit because it is both (i) not material and (ii) would likely cause competitive harm if publicly disclosed.

CONFIDENTIAL

FIRST AMENDMENT TO

COLLABORATION

AND LICENSE

AGREEMENT

Dated 19 December 2019

BETWEEN

GENMAB B.V.

AND

CUREVAC AG

CONFIDENTIAL

FIRST AMENDMENT TO COLLABORATION AND LICENSE AGREEMENT

This FIRST AMENDMENT TO COLLABORATION AND LICENSE AGREEMENT ("First Amendment") is made the 2nd day of July 2020 ("First Amendment Effective Date"), by and between:

Genmab B.V., KvK no. 3016 9902, a Dutch corporation having its principal office at Xxxxxxxxxxx 00, 0000 XX Xxxxxxx, xxx Xxxxxxxxxxx ("Genmab"); and

CureVac AG, a German corporation having its principal office at Xxxx-Xxxxxxx-Xxxxxxx 00, 00000 X0xxxxxx, Xxxxxxx ("CureVac").

(Genmab and CureVac are sometimes hereinafter referred to collectively as the "Parties" or individually as a "Party")

RECITALS:

A. Genmab and CureVac entered into a Collaboration and License Agreement dated 19 December 2019 (the "Agreement"); and

B. Under the Agreement the Parties committed to negotiate and enter into a clinical supply agreement within [*****] after the Effective Date of the Agreement.

C. Genmab and CureVac would like to extend the term for entering into such clinical supply agreement.

NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements herein contained, and for good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree to the following:

1. Except as otherwise defined herein, the words and phrases in the Agreement shall have the same meaning in this First Amendment.

2. The first sentence of Section 6.2 of the Agreement is hereby deleted in its entirety and replaced with the following:

"6.2. No later than [*****] the Parties will enter into a clinical supply agreement and related agreements (including a quality agreement) according to which CureVac shall Manufacture or have Manufactured for Genmab by an approved subcontractor under Section 5.11 or by a GMO approved by Genmab, and will supply or have supplied to Genmab, Genmab's demand for the Single Antibody Product which is the subject of the First Program Research Plan (whether related to the First Collaboration Target or any Replacement Target) to perform Clinical Phase I Studies ("Early Clinical Supply Agreement"). [.. .]"

For avoidance of doubt, the remainder of Section 6.2 of the Agreement shall remain in effect unchanged.

3. This First Amendment shall be subject to the same governing law as set forth in Section 17.4 of the Agreement.

4. Save as set forth in this First Amendment, all other terms and conditions of the Agreement shall remain in full force and effect.

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CONFIDENTIAL

5. This First Amendment may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this First Amendment. 

IN WITNESS WHEREOF, the Parties hereto have caused this First Amendment to be executed and delivered as of the First Amendment Effective Date.

Genmab B.V.			CureVac AG
By:	/s/ Xxxxxxxx Xxxxxxxxxx		By:	/s/ Xxxxxx Xxxxx
				2020.07.06
Name:	Xxxxxxxx Xxxxxxxxxx		Name:	/s/ Xxxxx Xxxxxxxx
				2020.07.06
Title:	Senior Vice President,		Title:
	IPR & Legal of Genmab A/S
	Authorized representative of Genmab B.V.

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