Exhibit 10.28
DCI MANAGEMENT GROUP LLC
February 3, 2003
Xx. Xxxxxxx X. Xxxxx
Chief Financial Officer and
Vice President, Finance & Administration
Inhibitex, Inc.
0000 Xxxxxxxxx Xxxxxxx, Xxxxx 000
Xxxxxxxxxx, XX 00000
Re: Plasma Supply Agreement dated October 2002 between
Inhibitex, Inc. and DCI Management Group, Inc. (the "Agreement")
Dear Xxxx:
As you know, we have just sold the assets of DCI Management Group, Inc.
to DCI Management Group, LLC which company is ultimately owned by the United
Kingdom Department of Health.
In connection with this sale, we are writing to request your consent to
the assignment by DCI Management Group, Inc. to DCI Management Group, LLC of all
of DCI Management Group, Inc.'s interests, rights and obligations under the
Agreement. DCI Management Group, LLC hereby agrees to abide and be bound by the
terms and conditions of the Agreement and to assume and discharge the
obligations and liabilities of DCI Management Group, Inc. thereunder as of and
after December 17, 2002, the date of the closing of the sale of assets. We
hereby request your consent and agreement to the foregoing.
The consent by Inhibitex to the assignment of the Agreement shall not
constitute a novation, release or other relinquishment of any liability or
obligation DCI Management Group, Inc. or its successors or assigns, now or in
the future incurred under the Agreement.
Please evidence your agreement with the foregoing by executing and
returning the enclosed duplicate copy of this letter agreement via courier to
the following address: Xxx London, DCI Management Group, LLC, 000-00 00xx
Xxxxxx, Xxxxxx Xxxxxxx, Xxx Xxxx 00000.
Thank you for your prompt attention to this matter.
Very truly yours,
DCI MANAGEMENT GROUP, LLC
By: /s/ Xxx London 2/3/03
---------------------------------
Xxx London
Vice President of Marketing
Accepted and agreed to as of the date first above written:
INHIBITEX, INC.
By: /s/ Xxxxxxx Xxxxx
------------------
Name: Xxxxxxx Xxxxx
Title: CFO
