AMENDMENT NO. 5
CONSULTING AGREEMENT
This Amendment, effective as of January 1, 1998, is made by and
between Seragen, Inc., a Delaware corporation having an address at
00 Xxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxxxxxx ("Seragen") and Xxxx X.
Xxxxxx, Ph.D., having an address at 000 Xxxxxxxx Xxxxxx, #0X,
Xxxxxx, Xxxxxxxxxxxxx 00000 (the "Consultant").
WHEREAS, the parties entered into a Consulting Agreement effective
January 1, 1992, which was amended effective October 1, 1994,
October 1, 1995, January 1, 1996, and January 1, 1997
(collectively, the "Agreement"); and
WHEREAS the parties now wish to extend the term of the Agreement;
NOW, THEREFORE, Seragen and the Consultant agree to amend the
Agreement as follows:
1. The Agreement shall continue until December 31, 1998.
2. This Amendment shall be made a part of the Agreement and
attached to the agreement. Except as provided in this Amendment,
all other terms and conditions of the Agreement shall remain in
force.
IN WITNESS WHEREOF, the parties have cause this Amendment to
be executed as of the date first written above.
ACCEPTED AND AGREED:
SERAGEN, INC. XXXX X. XXXXXX, PH.D.
/s/Reed R. Prior /s/Xxxx X. Xxxxxx, Ph.D.
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Reed R. Prior
Chairman and Chief Executive Officer