NEC Partnership Westwood, MA 02090 May 5, 2005
Exhibit
10.8
NEC
Partnership
000 Xxxx
Xxxxxx
Xxxxxxxx,
XX 00000
May 5,
2005
Xxxxxxx
Xxxxxxxxxx, CEO
Integrated
Pharmaceuticals, Inc.
000
Xxxxxxxxx Xxxxx
Xxxxxxxxx,
XX 00000
|
Re:
|
Amendment
to First Amendment and Restated Patent License Agreement (the
“License”) |
Dear Xx.
Xxxxxxxxxx:
On behalf
of NEC Partnership, the Licensor under the above-referenced License, we hereby
agree to modify section 5.4 of the License as follows:
| 1. |
by
changing the commencement date for the payment of quarterly installments
of royalties from the 4th
quarter of 2004 to the 4th
quarter of 2005; and |
| 2. |
by
changing the commencement date for the requirement to achieve annual sales
of not less than $5 million from calendar year 2005 to calendar year
2007. |
To
indicate the acceptance of Integrated Pharmaceuticals Inc. to these revised
terms, please sign the acceptance line below.
Very
truly yours,
NEC
PARTNERSHIP
/s/
Xxxxxx X. Xxxxxxx
Xxxxxx X.
Xxxxxxx, Partner
ACCEPTED
AND AGREED:
INTEGRATED
PHARMACEUTICALS, INC.
/s/
Xxxxxxx Xxxxxxxxxx
By:
Xxxxxxx Xxxxxxxxxx
Its:
CEO
