To: CEO and CBO Adaptimmune Limited
Exhibit 10.14
To: CEO and CBO
Adaptimmune Limited
00 Xxxxxx Xxxx
Abingdon
Oxfordshire
OX14 4RY
Date: 12th September 2016
Dear Sirs
Re: Agreement to terminated the Target Collaboration Deed dated 28 January 2015
This letter confirms the agreement of both Immunocore Limited and Adaptimmune Limited to terminate the Target Collaboration Deed entered into between them and dated 28 January 2015. Such mutually agreed termination shall become effective as of 1 March 2017 and up until such date, the terms of the Target Collaboration Deed shall continue in full force and effect.
The Parties also agree and confirm that the following clauses shall continue in full force and effect following termination of the Deed: 1(to the extent necessary for interpretation of surviving provisions), 2, 3.1, 3.3, 3.4, 3.5, 4.8, 4.9, 4.10, 5.1, 5.4.4, 6 (including the licences granted in clause 6.4A), 7 (to the extent any payment obligation remains outstanding), 9, 11.6, 13, 14, 21 (to the extent necessary for interpretation and enforcement or surviving terms).
Other agreements between Immunocore Limited and Adaptimmune Limited shall remain unaffected by the termination of the Target Collaboration Deed. This letter shall become effective on the date of signature by and on behalf of Adaptimmune Limited below.
Yours faithfully |
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/s/ Xxxxx Xxxxxxx |
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On behalf of Immunocore Limited
Confirmed and agreed by Adaptimmune Limited
Signed by: |
/s/ Xxxxx Xxxxx |
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Xxxxx Xxxxx, CEO |
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Date: 8 November 2016 |
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On behalf of Adaptimmune Limited |
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