EXHIBIT 10.41.2
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THIRD AMENDMENT
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The Agreement between Merial Limited ("Merial') and Synbiotics Corporation
("Synbiotics"), dated January 1, 1992 and amended on July 27, 1993 and August
22, 1996 (as so amended, the "Agreement"), is amended as follows on March 1,
1999, effective as of July 1, 1998:
A. Paragraph 1.2.3 is amended to add "This includes the right to sell
FeLV "Product" and any FeLV "Product" combination vaccines in the USA through
ethical distributors acting as sales agents toward USA veterinarians; it is
understood, however, that Merial doing so will not prevent Synbiotics from
selling FeLV "Product" and FeLV "Product" combination vaccines through the same
and/or other ethical distributors acting as ethical distributors as contemplated
by the Agreement."
B. Paragraph 3.3.2 as amended is deleted in its entirety.
C. Synbiotics agrees to use its reasonable best efforts and work with
Merial to try to negotiate amendments to Synbiotics' current agreement with Bio-
Trends International, Inc. to allow Bio-Trends International, Inc. and Merial to
deal directly with each other (while preserving Synbiotics' other rights) to
facilitate the operation of Merial's business (as contemplated by the Agreement,
as hereby amended) with respect to the North American/Central American market.
D. In consideration for the above, Merial agrees to pay Synbiotics
$1,600,000 immediately. Royalties paid by Merial to Synbiotics for the quarter
ended September 30, 1998 will be deducted from this amount.
E. Except as expressly amended by this Amendment, the Agreement remains
unchanged and in full force and effect.
Synbiotics Corporation Merial Limited (domesticated in Delaware as
Merial LLC, and the successor in interest to
Rhone Merieux, Inc.)
By /s/ Xxxxxxx Xxxxx By /s/ Xxxxxx X. Xxxxxxxxxx
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Title V.P. Finance Title V.P. Merial Limited
Print Name Xxxxxxx Xxxxx Print Name Xxxxxx X. Xxxxxxxxxx
