0000950109-96-007386 Sample Contracts

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PHANOS TECHNOLOGIES, INC. C/O CYBERSTUDIOS 8559 HIGUERA ST. CULVER CITY, CA 90232 October 17, 1996 Martyn Greenacre Zynaxis, Inc. 371 Phoenixville Pike Malvern, PA 19355 RE: EXCLUSIVE LICENSE AGREEMENT WITH PURCHASE OPTION Dear Martyn: Reference is...
License Agreement • November 12th, 1996 • Zynaxis Inc • Pharmaceutical preparations

PHANOS TECHNOLOGIES, INC. C/O CYBERSTUDIOS 8559 HIGUERA ST. CULVER CITY, CA 90232 October 17, 1996 Martyn Greenacre Zynaxis, Inc. 371 Phoenixville Pike Malvern, PA 19355 RE: EXCLUSIVE LICENSE AGREEMENT WITH PURCHASE OPTION Dear Martyn: Reference is made to the signed Exclusive License Agreement with Purchase Option dated September 23, 1996 (the "Agreement") between Phanos Technologies, Inc. and Zynaxis, Inc. Paragraph 4 of the Agreement is hereby amended to provide that the $150,000 portion of the Exclusive License Fee described therein be payable $75,000 on October 18, 1996 and $75,000 on October 23, 1996. Paragraph 5 is amended to provide that the Running Royalties on Sales will terminate upon the expiration of the last patent included in the Zynaxis Information. Paragraph 11 is amended to provide that Phanos may disclose the Zynaxis Information to a third party if that third party has entered into a Confidentiality Agreement with Phanos in a form reasonably acceptable to Zynaxis. Th

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