Via Fax June 28, 2001 Cerus Corporation 2411 Stanwell Drive Concord, CA 94520 Re: Amendment to Section 4.2 of the June 30, 1998 Development --------------------------------------------------------- Agreement --------- Ladies and Gentlemen: Baxter...Baxter International Inc • July 3rd, 2001 • Surgical & medical instruments & apparatus
Company FiledJuly 3rd, 2001 IndustryBaxter Healthcare Corporation, a Delaware corporation ("Baxter") is a party to that certain Development, Manufacturing and Marketing Agreement with Cerus Corporation, a Delaware corporation ("Cerus"), originally dated April 1, 1996, as amended and restated June 30, 1998 (the "Agreement"). Section 4.2 of the Agreement sets forth certain "standstill" obligations on the part of Baxter and its "Affiliates" (as that term is defined in Section 2, sub-heading "Baxter"), as to Cerus equity securities.