Attached files
Exhibit 10.5(iii)
Date: As of January 25, 2012
Signature Bank
261 Madison Avenue
New York, NY 10016
Attention: Cliff Broder, Group Director and Vice President
Re: Escrow Account No. 1501725427
Dear Mr. Broder:
In accordance with the terms of Section 2(b) of an Escrow Deposit Agreement dated December 1, 2011 by and among ORGANOVO, INC. (the “Company”), SPENCER TRASK VENTURES, INC. (“Spencer Trask”) and SIGNATURE BANK (the “Escrow Agent”), and that certain Joinder Agreement dated January 23, 2012, by an among the Company, Spencer Trask and ORGANOVO HOLDINGS, INC. (“Pubco”), the Company, Pubco and Spencer Trask hereby notify the Escrow Agent that the Termination Date has been extended to March 30, 2012, the Final Termination Date.
Very truly yours,
ORGANOVO, INC.
By: /s/ Keith Murphy
Name: Keith Murphy
Title: Chief Executive Officer
ORGANOVO HOLDINGS, INC.
By: /s/ Deborah Lovig
Name: Deborah Lovig
Title: President & CEO
SPENCER TRASK VENTURES, INC.
By: /s/ John Heidenreich
Name: John Heidenreich
Title: President