Attached files

file filename
10-K - ANNUAL REPORT - Eloxx Pharmaceuticals, Inc.v321733_10k.htm
EX-4.16 - EXHIBIT 4.16 - Eloxx Pharmaceuticals, Inc.v321733_ex4-16.htm
EX-32.1 - EXHIBIT 32.1 - Eloxx Pharmaceuticals, Inc.v321733_ex32-1.htm
EX-31.2 - EXHIBIT 31.2 - Eloxx Pharmaceuticals, Inc.v321733_ex31-2.htm
EX-31.1 - EXHIBIT 31.1 - Eloxx Pharmaceuticals, Inc.v321733_ex31-1.htm
EX-23.1 - EXHIBIT 23.1 - Eloxx Pharmaceuticals, Inc.v321733_ex23-1.htm
EX-32.2 - EXHIBIT 32.2 - Eloxx Pharmaceuticals, Inc.v321733_ex32-2.htm
EX-10.31 - EXHIBIT 10.31 - Eloxx Pharmaceuticals, Inc.v321733_ex10-31.htm

September 1, 2012

 

Judy Brown

Senior Manager - Contracts Research & Industrial Grants

Office of Research, Needles Hall Room 1043

University of Waterloo

200 University Ave W

Waterloo, ON N2L 3G1

 

Re:Amendment to Research Agreement between Waterloo, Thompson, and Senesco

 

Dear Ms. Brown:

 

Pursuant to the Research Agreement effective September 1, 1998, as amended on June 11, 2012 (the “Agreement”), copy attached, between the University of Waterloo (“Waterloo”), Dr. John E. Thompson (“Thompson”), and Senesco, Inc. (“Senesco”), Waterloo, Thompson and Senesco hereby agree (i) to extend the Agreement for an additional one year term, effective September 1, 2012 through August 31, 2013 (for purposes of clarity, the Agreement shall continue to automatically renew for successive one year periods unless notice of non-renewal is provided by one of the parties in accordance with the requirements set forth in Article III of the Agreement), under the same terms and conditions provided in the Agreement, except that the parties hereby amend the Budget set forth in the Revised Budget for Year 14, effective December 1, 2010, to the amended Revised Budget for Year 15, attached hereto, effective September 1, 2012 through August 31, 2013 and (ii) that Article IV, Section A of the Agreement is hereby amended and restated in its entirety to read: “Senesco agrees to pay for the cost of work specified in the Budget as set forth in Exhibit A, which Budget may be revised from time to time upon mutual agreement of the Parties. Payment shall be made according to the Payment Schedule provided in Exhibit B. Payment is to be made by Senesco in Canadian dollars.” The Amended Revised Budget for Year 15 supercedes and replaces the Revised Budget for Year 14 of the Agreement for all work commencing on or after September 1, 2012.

 

  Very truly yours,
   
  /s/ Leslie J. Browne 
  Leslie J. Browne
  President
  Senesco, Inc.

Agreed and Accepted:  
   
/s/ D.G. Dixon   
University of Waterloo, D.G. Dixon  
   
/s/ Dr. John Thompson, Ph.D.   
Dr. John Thompson, Ph.D.  

 

 
 

 

REVISED BUDGET

YEAR 15

 

PERIOD:     September 1, 2012 – August 31, 2013

 

Salaries  Cdn $/Month   Cdn $/12 Months 
         
Senior Research Associate  $9,375.00   $112,500.00 
($90,000/year + 25% benefits)          
           
Senior Research Associate   2,604.17    31,250.00 
($25,000/year + 25% benefits)          
           
Research Associate   5,208.33    62,500.00 
($50,000/year + 25% benefits)          
           
Research Associate   5,208.33    62,500.00 
($50,000/year + 25% benefits)          
           
Research Associate   3,906.25    46,875.00 
($37,500/year + 25% benefits)          
           
Research Associate   4,166.67    50,000.00 
($40,000/year + 25% benefits)          
           
Supplies          
Operating Expenses   12,000.00    144,000.00 
           
Subtotal   42,468.75    509,625.00 
           
Overhead          
20% on total direct costs   8,493.75    101,925.00 
           
TOTAL BUDGET  $50,962.50   $611,550.00