Exhibit 10.66
ORTHO-CLINICAL DIAGNOSTICS, INC.
X.X. Xxxxx 000
Xxxxxxx, XX 00000
June 15, 1998
CORVAS INTERNATIONAL, INC.
0000 Xxxxxxx Xxxx
Xxx Xxxxx, XX 00000
RE: Termination of Supply Agreement
Ladies and Gentlemen:
This letter will confirm our agreement to terminate that certain Supply
Agreement dated June 8, 1992 (the "Supply Agreement") between Corvas
International, Inc. ("CORVAS") and Ortho-Clinical Diagnostics, Inc., successor
by merger to Ortho Diagnostic Systems Inc. ("OCD") (Capitalized terms used and
not otherwise defined herein shall have the meanings given them in the Supply
Agreement.) CORVAS and OCD hereby agree that, effective as of the date of this
letter, the Supply Agreement shall terminate and all rights and obligations
thereunder shall be extinguished; PROVIDED, HOWEVER, that termination of the
Supply Agreement shall neither affect the rights and obligations of the parties
accrued through June 15, 1998, including, without limitation, the provisions
set forth in Section 6 of the Supply Agreement relating to Products
manufactured or distributed during the term of the Supply Agreement, nor
terminate Sections 12, 13, 15, 16, 18 - 26 of the Supply Agreement.
Please acknowledge your agreement with the forcing by having a copy of this
letter executed below on your behalf by your fully authorized representatives.
Very truly yours,
ORTHO-CLINICAL DIAGNOSTICS, INC.
By: /s/ XXXXXXXX X. XXXXXXXX
-------------------------
Name: Xxxxxxxx X. Xxxxxxxx
--------------------
Title: V.P. and G.M. Hemostasis B.V.
-----------------------------
Agreed to and accepted June 15, 1998
CORVAS INTERNATIONAL, INC.
By: /s/ XXXXXXX X. XXXXX
---------------------
Name: Xxxxxxx X. Xxxxx
----------------
Title: President & CEO
---------------
November 6, 1998
