March 14, 2013 CONFIDENTIAL COMBIMATRIX CORPORATION
Exhibit 10.4
March 14, 2013
CONFIDENTIAL
COMBIMATRIX CORPORATION
000 Xxxxxxx,Xxxxx 000
Irvine, CA 92618
Attention: Xxxxx Xxxxxx
RE: Proposed Capital Formation
Dear Xx. Xxxxxx:
Pursuant to the Engagement Agreement dated July 13, 2012 and the Addendum Letter dated September 10, 2012, entered into by and between X.X. Xxxxxx & Company, Inc. (“CKCC”) and CombiMatrix Corporation (the “Company”), the Company agrees to pay CKCC the agreed upon 6.0% (six percent) cash placement agent fee for the contemplated capital formation transaction with Alpha Capital and its affiliates. As a gesture of good faith, CKCC will forego any further right of first refusal as it relates to the Agreements.
If this letter is acceptable, please acknowledge by signing below. No other terms or conditions of the Agreements are being modified as a result of the execution of this letter.
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Very truly yours, | |||||
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X.X. XXXXXX & COMPANY, INC. | |||||
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By: |
/s/ Xxxxxxxxx X. Xxxxxxx | ||||
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Name: |
Xxxxxxxxx X. Xxxxxxx | |||
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Title: |
Managing Director | |||
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Accepted and agreed to as of the date first written above: |
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COMBIMATRIX CORPORATION |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
Chief Financial Officer |
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0 Xxxx Xxxxx, Xxxxx 0000 · Irvine, California 92614
TEL: 000 000-0000 · FAX: 000 000-0000 · TOLL -FREE: 000 000-0000 · xxxxxxxxxxxxxx@xxxxxxxx.xxx
