1st AMENDMENT TO THE COOPERATION AGREEMENT
Exhibit 10.10
1st AMENDMENT
TO THE COOPERATION
AGREEMENT
BY AND BETWEEN
Pierre and Xxxxx Xxxxx University (Paris 6), a French public, scientific, cultural and professional establishment located at 0 Xxxxx Xxxxxxx, 00000 Xxxxx Cedex 05
Hereinafter referred to as UPMC
Represented by Xxxxxxxxx Xxxx XXXXXXX, President,
And
Institut National de la Santé et de la Recherche Médicale (French National Institute of Health and Medical Research), a French public, scientific and technical research establishment located at 000 xxx xx Xxxxxxx, 00000 Xxxxx
Hereinafter referred to as INSERM
Represented by Xxxxx XXXXXX, Chairman and Chief Executive Officer,
And
The CENTRE NATIONAL DE LA RECHERCHE SCIENTIFIQUE (National Center for Scientific Research), a French public scientific and technical research establishment located at 0-0 xxx Xxxxxx Xxxx, 00000 Xxxxx Cedex 16
Hereinafter referred to as the CNRS
Represented by its Director General, Xxxxx XXXXX
UPMC, the CNRS and INSERM acting both in their own name and in the name and on behalf of the Research Center Institut de la Vision (Vision Institute), a joint research unit (UM 80) (UMRS 968 INSERM UPMC- UMR 7210 CNRS UPMC), directed by Professor Xxxx SAHEL.
UPMC, CNRS and INSERM being hereinafter jointly referred to as ESTABLISHMENTS.
UPMC has been mandated by the CNRS and INSERM to sign this Cooperation Agreement in its name and on its behalf.
OF THE FIRST PART,
AND
GenSight Biologics, a French Société Anonyme (Corporation), whose registered office is located at 00 xxx xx Xxxxxxxx Xxxxx Xxxxxxx, 00000 Xxxxx
Hereinafter referred to as GENSIGHT
Represented by Xxxxxxx XXXXX, Chairman and CEO,
OF THE SECOND PART
INSERM, UPMC, the CNRS and GENSIGHT shall hereinafter be referred to separately as the “Party” and jointly as the “Parties”.
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WHEREAS:
On January 9, 2014, GENSIGHT, a French Société Anonyme (Corporation), whose registered office is located at 00 xxx xx Xxxxxxxx Xxxxx Xxxxxxx, 00000 Xxxxx, and UPMC signed a cooperation agreement (hereinafter the “Agreement”) on behalf of the ESTABLISHMENTS enabling the implementation of a preferred partnership between GENSIGHT and the LABORATORY for the performance of research work in the Area described below. “Area” shall mean the targeting of mitochondria and treatment by gene therapy of Xxxxx’x hereditary optic neuropathy as well as the vision restoration strategy using optogenetics in patients suffering from retinitus pigmentosa or AMD.
The Parties met to amend the Convention in order to modify the date that the Agreement enters into effect.
NOW THEREFORE, THE PARTIES HAVE AGREED AS FOLLOWS:
ARTICLE 1 - PURPOSE OF THE AMENDMENT
The purpose of this 1st amendment (the “Amendment”) is to modify the date that the Agreement enters into effect.
ARTICLE 2 - MODIFICATION OF THE DATE THAT THE COOPERATION AGREEMENT ENTERS INTO EFFECT
| 2.1 | Pursuant to this Amendment, which modifies the Agreement, the Parties agree to modify the date that the Agreement enters into effect. |
| 2.2 | Article 8 shall therefore be cancelled and replaced by the following text: |
“The Agreement shall be entered into for a term of three (3) years as from December 19, 2013.
Its term may be extended by means of an amendment to this Agreement. The provisions of articles 5, 6, 7, 10, 11 and 16 shall remain in force notwithstanding the expiration or termination of the Agreement”.
ARTICLE 3 - INTERPRETATION OF THE SUPPLEMENTAL AMENDMENT
The Parties agree that terms starting with a capital letter, which are not defined in this Amendment will have the meaning ascribed to them in the Agreement.
The Parties agree that the provisions of the Agreement not modified by this Amendment will continue to apply between the Parties.
Executed in Paris, on 02/25/2014 (handwritten date)
In two (2) original counterparts
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| For UPMC | For GENSIGHT BIOLOGICS | |||||||
| For the President and by delegation Head of the Enterprise and Technology office (stamp (in French)) |
||||||||
| Signature: | /s/ Luc GRATEAU | Signature: | /s/ Xxxxxxx Xxxxx | |||||
| Name: | Xxxx XXXXXXX | Name: | Xxxxxxx XXXXX | |||||
| Title: | President | Title: | Chairman and CEO | |||||
| Date: | March 20, 2014 | Date: | ||||||
INITIALS FOR APPROVAL
| Signature: | /s/ Xxxx Sahel | |
| Name: | Xxxx SAHEL | |
| Title: | Director of the Institut de la Vision Research Center | |
| Date: |
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