AMENDMENT TO LICENSE AGREEMENT
EXHIBIT 10.8
CERTAIN MATERIAL (INDICATED BY AN ASTERISK) HAS BEEN OMITTED FROM THIS DOCUMENT PURSUANT TO A
REQUEST FOR CONFIDENTIAL TREATMENT. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE
SECURITIES AND EXCHANGE COMMISSION.
AMENDMENT TO LICENSE AGREEMENT
Effective as of Nov. 1, 2003, Oregon Health & Science University (hereinafter “OHSU”), having
offices AT 0000 XX 0xx Xxx, Xxxxx 000, Xxxxxxxx, XX 00000, and Orexigen Therapeutics,
Inc. (hereinafter “LICENSEE”), a Delaware corporation having offices at 00000 Xxxxx Xxxx, Xxxxx
000, Xxxxxx Xxxxxx, XX 00000 agree to amend the Agreement in the following ways:
1. | Section 6.05 (page 10), will be changed to the following: |
6.05 | LICENSEE agrees to issue to OHSU one hundred thousand (100,000) shares of LICENSEE common stock (the “Shares”). |
2. | The following section will be added as Section 6.05.3 |
6.05.03 | LICENSEE agrees to issue to OHSU additional shares of LICENSEE common stock (the “Additional Shares”) and the “Additional Shares” will be: a) at least one hundred forty-five thousand shares (145,000); and b) at least [***] percent ([***]%) of the shares to be issued by LICENSEE, on a fully diluted basis, after the closing of LICENSEE’s Series A Preferred Stock financing transaction. The “Additional Shares” are issued under the same provisions as the “Shares”, as described in Sections 6.05.1 and 6.05.2. |
SIGNATURES ON NEXT PAGE
*** | Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. |
SIGNATURE PAGE
IN WITNESS WHEREOF, the parties hereto have executed this Agreement in duplicate originals by their
duly authorized officers and representatives.
FOR OHSU:
By:
|
s/ [illegible] | 11/18/03 | ||||||
Title:
|
Interim Director | Date | ||||||
Mailing Address for Notices and Payments:
Technology and Research Collaborations
Oregon Health & Science University
0000 XX Xxxxx Xxxxxx, Xxxxx XX000
Xxxxxxxx, Xxxxxx 00000-0000
Technology and Research Collaborations
Oregon Health & Science University
0000 XX Xxxxx Xxxxxx, Xxxxx XX000
Xxxxxxxx, Xxxxxx 00000-0000
FOR LICENSEE:
By:
|
/s/ Xxxx X. Xxxxxxx | 11/1/03 | ||||||
Signature of Authorized Official | Date | |
||||||
Printed Name |
Xxxx X. Xxxxxxx | |||||||
Title |
President and CEO | |||||||
Mailing Address for Notices:
Orexigen Therapeutics, Inc.
Xxx Xxxxxx Xxxxxx
Xxxxx 000
Xxxxxxxxx, XX 00000
Orexigen Therapeutics, Inc.
Xxx Xxxxxx Xxxxxx
Xxxxx 000
Xxxxxxxxx, XX 00000