Re: Extension of Agreement for rendering of Services
Yissum Research Development Company
of the Hebrew University of Jerusalem
Xxxxxx Xxxxx Campus,
Givat Ram, POB 39335
Jerusalem 91390
Israel
Re: Extension of Agreement for rendering of Services
We do hereby refer to the Agreement for the Rendering of Services dated as of June 20, 2005 ("Service Agreement") and the License Agreement dated November 27, 2002, (the "License Agreement") by and between Yissum Research Development Company 0f the Hebrew University of Jerusalem ('Yissum") and Morria Biopharmaceuticals ("the Company'').
Unless the context otherwise requires, all capitalized terms used herein shall have the meaning ascribed to them in the Service Agreement.
The Company docs hereby request that that Yissum performs the additional tasks and activities set forth on Appendix B hereto ("Additional Services"). All of such Additional Services shall be included as Services under the Service Agreement, and shall be performed in accordance with the timetable set forth on Appendix B hereto. In consideration, Morria shall pay to Yissum an additional amount, of $30,000 (plus VAT) (the "Additional Service Fee") payable within seven days of the signing of this Letter of Extension.
All terms and conditions as set out in the Service Agreement shall apply mutatis mutandis in respect of the Additional Service Fee and the Additional Services.
Your signature on this copy of the document shall constitute your approval and agreement to all that is written herein.
Yours sincerely,
MORRIA BIOPHARMACEUTICALS PLC. | |||
/s/ XXXXX XXXXX | |||
By: Xxxxx Xxxxx | Date: June 19, 2006 | ||
Title: CEO | |||
We hereby agree and approve: | |||
/s/ XXXXX XXXXXXX | |||
By: Xxxxx Xxxxxxx, VP Scientific Services | Date: June 4, 2006 | ||
Yissum | |||
/s/ XXXX XXXXXXX XXXXX | |||
By: Xxxx Xxxxxxx Xxxxx, CEO | |||
Yissum | Date: |
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