EXHIBIT 10.26.1
November 13, 2001
Bay City Capital LLC
000 Xxxxxxx Xxxxxx, Xxxxx 000
Xxx Xxxxxxxxx, XX 00000
Attn: Xxxxxxx X. Xxxxxxxx
Re: Extension of Letter Agreement between Epoch Biosciences, Inc.
and Bay City Capital BD LLC
Dear Xx. Xxxxxxxx:
Reference is made to the Letter Agreement between Epoch Biosciences,
Inc. (the "Company") and Bay City Capital BD, LLC., (the "Advisor") dated
November 7, 2000 with respect to the engagement of Advisor by the Company (the
"Agreement").
Pursuant to Paragraph 13 of the Agreement, the term of Advisor's
engagement ends effective November 7, 2001. This Letter is to document our
mutual agreement that the term of Advisor's engagement shall continue until May
7, 2002, pursuant to the terms of the Agreement. All other provisions of the
Agreement shall remain in full force and effect.
If the foregoing correctly sets forth the understanding agreement
between Advisor and Company, please so indicate in the space provided below,
whereupon this letter shall constitute a binding amendment and extension of the
Agreement.
Very truly yours,
EPOCH BIOSCIENCES, INC.
/s/ Xxxxxxx X. Xxxxxx
------------------------------------
Xxxxxxx X. Xxxxxx, M.D.,
Chief Executive Officer
Agreed to and accepted this 15th day of November, 2001
/s/ Xxxxxxx X. Xxxxxxxx
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Bay City Capital BD LLC
By: Xxxxxxx X. Xxxxxxxx
Its: President
