October 2, 2003 Mr. Michael BuckleyDirector, Emerging Technology Ventures The Gillette Company37 A Street Needham, MA 02492-9120Development and License Agreement • June 28th, 2004 • Palomar Medical Technologies Inc • Electromedical & electrotherapeutic apparatus
Re: Amendment of the Development and License Agreement between Palomar Medical Technologies, Inc. (“Palomar”) and The Gillette Company (“Gillette”) effective as of February 14, 2003 (“Agreement”)
ContractDevelopment and License Agreement • June 28th, 2004 • Palomar Medical Technologies Inc • Electromedical & electrotherapeutic apparatus • Massachusetts
Second Amendment to the February 14, 2003 Development and License Agreement Between TheGillette Company and Palomar Medical Technologies, Inc. (the “Agreement”) Whereas, pursuant to the Agreement, the parties are engaged in a collaboration for the development and commercialization of light-based, consumer products and systems for personal use for female hair management; and Whereas, the parties desire to modify the duration and payments relating to the R&D Period of that collaboration, and clarify Article IX, Paragraph 9.9. Now, Therefore, in consideration of the foregoing premises, the mutual promises and covenants of the parties contained herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto, intending to be legally bound, do hereby agree as follows effective this 24th day of June 2004: 1. Article I, Paragraph 1.1 (c) of the Agreement is hereby replaced in its entirety by the following language: “(c) Duratio
Prudential Tower Building Boston, MA 02199-8004 Tel 617.421.7000Development and License Agreement • June 28th, 2004 • Palomar Medical Technologies Inc • Electromedical & electrotherapeutic apparatus
