ADDENDUM No. 1 to the PATENT AND KNOW-HOW LICENSE AGREEMENT between PIERRE FABRE MEDICAMENT S.A. and NOVACEA, Inc. Dated February 21, 2006
Exhibit 10.26
ADDENDUM No. 1
to the
PATENT AND KNOW-HOW LICENSE AGREEMENT
between
XXXXXX XXXXX MEDICAMENT S.A.
and
NOVACEA, Inc.
Dated
February 21, 2006
ADDENDUM No. 1
This ADDENDUM No. 1 to the Patent and Know-How License Agreement effective as of February 21, 2006 (the “ADDENDUM No. 1 Effective Date”) is executed by and between XXXXXX XXXXX MEDICAMENT S.A., a corporation organized under the laws of France with headquarters at 00, xxxxx Xxxx-Xxxxx, 00000 XXXXXXXX, XXXXXX (“XXXXXX XXXXX”), and, NOVACEA, INC., a Delaware corporation with a principal place of business at 000 Xxxxxxx Xxxxxxxxx, Xxxxx 000, XXXXX XXX XXXXXXXXX, XXXXXXXXXX 00000, X.X.X. (“NOVACEA”).
RECITALS
WHEREAS, the Parties have entered into a Patent and Know-How Agreement effective as of July 19, 2005 (the “Agreement”).
WHEREAS, the Parties have agreed to correct Sections 18.1.1 and 18.1.2 of the Agreement and replace them with the language in Article 1 hereof.
NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements herein contained, the Parties agree as follows:
ARTICLE 1– MODIFICATION OF SECTION 18.1.1
Section 18.1.1 of the Agreement is deleted and replaced by the following language:
“Section 18.1.1. Continuing License for NOVACEA. NOVACEA shall have a non-exclusive, worldwide, perpetual, fully paid-up and royalty-free right to use XXXXXX XXXXX Know-How, XXXXXX XXXXX’X Improvements and XXXXXX XXXXX’X interest in any joint Know-How, joint Improvements and Joint Patents (collectively referred to as “XXXXXX XXXXX Intellectual Property Rights”) to which it was licensed under this Agreement, as well as the unrestricted right to use the NOVACEA Know-How, NOVACEA’S Improvements and NOVACEA’S interest in any joint Know-How, joint Improvements and Joint Patents (collectively referred to as “NOVACEA Intellectual Property Rights”) to use, sell, offer to sell and import Licensed Products and Improvements to which it has rights under this Agreement.”
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ARTICLE 2 – MODIFICATION OF SECTION 18.1.2
Section 18.1.2 of the Agreement is deleted and replaced by the following language :
“Section 18.1.2. Continuing License for XXXXXX XXXXX. XXXXXX XXXXX shall have the nonexclusive, worldwide, perpetual, fully paid-up and royalty-free right to use NOVACEA Intellectual Property Rights. XXXXXX XXXXX shall have the unrestricted right to use the XXXXXX XXXXX Intellectual Property Rights to use, sell, offer to sell and import Licensed Products and Improvements anywhere in the world.”
ARTICLE 3 – MISCELLANEOUS
The present ADDENDUM No. 1 shall become effective as of the ADDENDUM No. 1 Effective Date.
All terms and conditions of the Agreement, not contrary to this ADDENDUM No. 1, shall remain in full force and effect.
For purposes of the present ADDENDUM No. 1, the capitalized terms not otherwise defined herein shall have the meaning set forth in Schedule 1 attached to the Agreement.
IN WITNESS WHEREOF, the Parties hereto have duly executed this ADDENDUM No. 1.
XXXXXX XXXXX MEDICAMENT S.A. | NOVACEA, INC. | |||||||
By: | /s/ Xxxx-Xxxxxx Couzinier |
By: | /s/ Xxxx Xxxxxxx | |||||
Name: | Xxxx-Xxxxxx COUZINIER | Name: | Xxxx XXXXXXX | |||||
Title: | Chief Operating Officer | Title: | Chief Executive Officer |
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