1. | Additions and changes made to the Agreement in this Amendment: |
1.01 | Annual License Fees owed by MERCK pursuant to section 4.1.1 of the Agreement shall be paid to Codexis no later than 90 days after the receipt of the invoice and in any event no later than February 28 of each calendar year. |
1.02 | These amended Annual License Fee payment terms will be effective on February 28, 2016. |
1. | Miscellaneous |
2.01 | Effect of Amendment; Joinder. Except as expressly changed by this Amendment, the Agreement shall remain in full force and effect in accordance with its stated terms. The Agreement and the Schedules and Exhibits thereto, as amended by this Amendment and all preceding amendments, set forth the entire understanding of the parties with respect to the subject matter thereof. There are no agreements, restrictions, promises, warranties, covenants or undertakings other than those expressly set forth or referred to therein. The Agreement and the Schedules and Exhibits thereto, as amended by this Amendment, supersede all prior agreements and undertakings between the parties with respect to such subject matter. |
2.02 | Counterparts. This Amendment may be executed by the parties in separate counterparts, each of which when so executed and delivered is deemed an original. All such counterparts together constitute but one and the same instrument. |
2.03 | Definitions. All capitalized terms used but not defined in this Amendment shall have the respective definitions assigned to such terms in the Agreement. |
CODEXIS INC. | MERCK SHARP and DOHME Corp. |
By:__________________________ | By:__________________________ |
Name: John J. Nicols | Name: Stephen Bariexca |
Title: President and CEO | Title: Sourcing Analyst |
Date: February 25, 2015 | Date: March 10, 2015 |