AMENDMENT NO. 1 TO LICENSE AGREEMENT BETWEEN MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH AND ENTEROMEDICS, INC.License Agreement • March 17th, 2010 • EnteroMedics Inc • Electromedical & electrotherapeutic apparatus
This Amendment No. 1 (the “Amendment No. 1”) is entered into as of February 3rd, 2010 (the “Execution Date”) by and between Mayo Foundation for Medical Education and Research, a Minnesota charitable corporation, located at 200 First Street SW, Rochester, Minnesota 55905-0001 (“MAYO”), and EnteroMedics, Inc., a private for-profit corporation located at 2800 Patton Road, Roseville, Minnesota 55113 (“COMPANY”) and amends that certain License Agreement by and between MAYO and COMPANY with an Effective Date as of February 3, 2005 (the “License Agreement”) with the effect of amending, restating and replacing the following provisions in their entirety with the text set forth below:
