AMENDMENT NO. 3 TO SETTLEMENT TERMS RELATED TO ARBITRATION OF LICENSE AGREEMENTMartek Biosciences Corp • January 29th, 2003 • Biological products, (no disgnostic substances)
This Amendment No. 3 (“Amendment No. 3”) to Settlement Terms Related to Arbitration of License Agreement, dated September 15, 1993, as previously amended by Amendments No. 1 and No. 2 thereto (collectively referred to as the “Settlement Agreement”), is dated as of December 20, 2002, and is by and between Monsanto Company, a Delaware Corporation (“Monsanto”) and Martek Biosciences Boulder Corporation, a Delaware corporation, formerly known as OmegaTech, Inc. (“Martek Boulder”). Monsanto and Martek Boulder are referred to herein collectively as the “Parties” and individually as a “Party”. Capitalized terms used herein but not defined herein shall have the meanings ascribed to such terms in the Settlement Agreement.
