Vermillion, Inc. 6611 Dumbarton Circle Fremont, CA 94555
Exhibit 10.38
Xxxxxxxxxx, Inc.
0000 Xxxxxxxxx Xxxxxx
Xxxxxxx, XX 00000
0000 Xxxxxxxxx Xxxxxx
Xxxxxxx, XX 00000
August 29, 2007
To: | Quest Diagnostics Incorporated 0000 Xxxx Xxxxxx Xxxx Xxxxxxxxx, XX 00000 Re: Registration Rights |
Ladies and Gentlemen:
Reference is made to the Securities Purchase Agreement dated August 23, 2007 (the “2007
Agreement”) by and among Xxxxxxxxxx, Inc. (formerly known as Ciphergen Biosystems, Inc.) and the
Purchasers, including Quest Diagnostics Incorporated. Reference is also made to the Stock Purchase
Agreement dated July 22, 2005 (the “2005 Agreement”) between Ciphergen Biosystems, Inc. and Quest
Diagnostics Incorporated. Reference is made specifically to the Registration Rights found in
Section 4 of the 2005 Agreement and in Section E of the 2007 Agreement.
We hereby confirm that the defined term “Registrable Securities” in the 2005 Agreement shall
include for all purposes the Shares issued to Quest Diagnostics Incorporated pursuant to the 2007
Agreement and the shares of common stock of Xxxxxxxxxx, Inc. issuable on the exercise of the
warrant issued to Quest Diagnostics Incorporated pursuant to the 2007 Agreement. Quest Diagnostics
Incorporated hereby waives all rights to register any of its shares pursuant to the Registration
Rights contained in the 2007 Agreement. This waiver will also bind any assignees of Quest
Diagnostics’ shares or warrants.
If the foregoing properly reflects our agreement, please so indicate by acknowledging and
agreeing below.
[Signature Page Follows]
Very truly yours, XXXXXXXXXX, INC. |
||||
By | /s/ Xxxx X. Page | |||
Name: | Xxxx X. Page | |||
Title: | CEO | |||
Acknowledged And Agreed:
QUEST DIAGNOSTICS, INCORPORATED
By | /s/ Xxxxxxxxx X. Xxxxxx | |||
Name: Xxxxxxxxx X. Xxxxxx | ||||
Title: VP, M & A and Strategy | ||||
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