EXHIBIT 10.155
Second Amendment to Registration Rights Agreement
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This Second Amendment to Registration Rights Agreement, dated as of
December 5, 2000, among Pharmaceutical Product Development, Inc., a North
Carolina corporation (the "Company"), and Xxxxxxx X. Xxxxxxxx, Xxxxxx Xxxxx, and
Xxxx X. XxXxxxx, Xx. (collectively, the "Holders"), amends that certain
Registration Rights Agreement (the "Agreement") dated January 24, 1996, among
the Company, the Holders and others, as amended. Capitalized terms herein shall
have meaning ascribed to them in the Agreement unless otherwise expressly
indicated herein.
WHEREAS, the Holders hold a majority of the Registrable Stock entitled to
Registration under the terms of the Agreement; and
WHEREAS, the Agreement expires on December 31, 2000, and the Holders and
the Company desire to extend the term of the Agreement for an additional one
year.
NOW, THEREFORE, for and in consideration of the covenants herein and other
good and valuable consideration, receipt of which is hereby acknowledged, it is
agreed by the parties that Section 13 of the Agreement is amended by changing
the date stated therein from December 31, 2000 to December 31, 2001.
The Agreement, as amended herein, shall continue in full force and effect.
IN WITNESS WHEREOF, the parties have caused this Second Amendment to be
executed as the date first hereinabove stated.
PHARMACEUTICAL PRODUCT DEVELOPMENT, INC.
By: /s/ Xxxx X. Xxxxxxxxx, Xx.
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Name: Xxxx X. Xxxxxxxxx, Xx.
Title: Vice President
/s/ Xxxxxxx X. Xxxxxxxx
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Xxxxxxx X. Xxxxxxxx
/s/ Xxxxxx Xxxxx
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Xxxxxx Xxxxx
/s/ Xxxx X. XxXxxxx, Xx.
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Xxxx X. XxXxxxx, Xx.
