FIRST AMENDMENT TO EXCLUSIVE LICENSE AGREEMENT
Exhibit 10.2.1
FIRST AMENDMENT TO EXCLUSIVE LICENSE AGREEMENT
This First Amendment to the Exclusive License Agreement (the "Agreement") is entered into and made effective the December 22, 2016 (the "Effective Date") between JMH MD Holdings, having business offices at 0000 Xxxx Xxxx, Xxxxx Xxxxx, Xxxxxxx 00000 (hereinafter referred to as "JMH MD") and Longeveron, LLC, organized under the laws of Delaware, having business offices 0000 XX 0xx Xxxxxx, Xxxxx 000, Xxxxx, XX 00000, (hereinafter referred to as " LICENSEE").
WHEREAS, the Agreement JMH MD and Licensee have agreed to amend the Agreement as follows:
| 1) | Section 3.l (a) of the Agreement is amended to state: |
License Issue Fee of two hundred and fifty thousand ($250,000.00) is due to JMH MD within five (5) days of the Effective Date of the Agreement.
| 2) | Section 13 of the Agreement is amended to change LICENSEE's Suite Number to 520. |
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective officers thereunto duly authorized to be effective as of the Effective Date.
| Longeveron Inc. | ||
| By: | /s/ Xxxxxxx Page | |
| Xxxxxxx Liv Page, X.X. | ||
| Date: April 25, 2018 | Chief Operating Officer |
| JMH MD Holdings | ||
| By: | /s/ Xxxxxx Xxxx | |
| Xxxxxx X. Xxxx, M.D. | ||
| Date: April 26, 2018 | Manager |
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