EXHIBIT 10.91
SUBLICENSE AGREEMENT
OF THE
SECOND BD SUBLICENSE
This SUBLICENSE AGREEMENT OF THE SECOND BD SUBLICENSE ("Agreement"), dated
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as of August 31, 2001 ("Effective Date") is entered into by and between ▇▇▇▇▇▇
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Healthcare Corporation, a Delaware corporation having its principal place of
business at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ("Baxter"), and Nexell
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of California, Inc. f/k/a BIT Acquisition Corporation, a Delaware corporation
having its principal place of business at Nine ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
("Nexell").
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RECITALS
WHEREAS, Baxter and Nexell entered into a certain Second BD Sublicense
Agreement, dated December 17, 1997 (the "Second BD Sublicense"), annexed as
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Exhibit A hereto, under which Baxter granted to Nexell certain rights under that
certain License Agreement between Baxter and ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ and Company
("Becton"), dated June 1, 1993 (the "Second BD License").
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WHEREAS, the parties desire to reaffirm the Second BD Sublicense and each
party's respective rights and obligations thereunder.
WHEREAS, Nexell desires to sublicense to Baxter certain rights under the
Second BD Sublicense in order to enable Baxter to perform its sales, marketing
and distribution obligations under that certain Distribution and License
Agreement by and between Nexell and Baxter dated as of August 31, 2001 (the
"Distribution and License Agreement").
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AGREEMENT
NOW THEREFORE, for good and valuable consideration, including the promises
contained herein, the parties do hereby agree to be bound as follows:
1. Definitions
1.1 Terms Defined in the Second BD Sublicense. Capitalized terms not
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otherwise defined herein shall have the meanings given them in the
Second BD Sublicense.
1.2 As used herein, the following terms shall have the specified meaning:
(a) "Cell Lines" shall mean the cell lines specified in Schedule
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1.2(a).
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(b) "Licensed Intellectual Property" shall mean any intellectual
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property comprising the intellectual property licensed under the
Second BD Sublicense.
(c) "Non-Compete Agreement" shall mean the Non-Competition and
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Confidentiality Agreement, by and among Baxter, Nexell, and VIMRx
Pharmaceuticals Inc., dated as of December 18, 1997, as amended.
(d) "Products" shall have the meaning ascribed to it in the
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Distribution and License Agreement.
(e) "Product Categories" shall have the meaning ascribed to it in the
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Distribution and License Agreement.
(f) "Supply Agreement" shall mean the Supply Agreement by and between
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Baxter and Nexell dated as of August 31, 2001.
2. Reaffirmation of the Second BD Sublicense and Second BD License
2.1 Baxter agrees that this Agreement is subject to the terms and
conditions of the Second BD Sublicense and the Second BD License, all
the terms of which are hereby incorporated by reference into this
Agreement. The parties agree that this Agreement shall be interpreted
in a manner so as to be consistent with the Second BD Sublicense and
the Second BD License.
2.2 Nexell agrees that this Agreement is subject to the terms and
conditions of the Second BD License and the Second BD Sublicense
including, without limitation, Nexell's obligations under Sections
2.2, 4, 5.1, 6.1, and 8.4 of the Second BD Sublicense.
2.3 Baxter agrees to pay, perform, discharge or otherwise satisfy, or
cause to be paid, performed, discharged or otherwise satisfied the
obligations under the Second BD License arising on or after the date
hereof with respect to any Products sold by Baxter by transmitting any
and all payments and reports directly to Becton, with simultaneous
written notice thereof to Nexell.
3. License Grant by Nexell to Baxter
3.1 License. Nexell hereby grants to Baxter: (i) an exclusive (even as to
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Nexell), worldwide license under the Licensed Intellectual Property to
market and sell the Products, and any components thereof; (ii) an
exclusive (except as to Nexell), worldwide license under the Licensed
Intellectual Property to make, have made and import the Products, and
any components thereof; (iii) an exclusive (even as to Nexell)
worldwide license under the Licensed Intellectual Property to use the
Products and components solely for the distribution purpose set forth
in Section 5 of the Distribution and License Agreement; and (iv) an
exclusive (except as to Nexell), worldwide license under the Licensed
Intellectual Property for internal research and development purposes
(including clinical trials) to improve Products for Ex Vivo Cell
Processing (as such term is defined in the Non-Compete Agreement) (the
"License"). The foregoing license rights shall not include the right
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for Baxter to use the Licensed Intellectual Property to practice Ex
Vivo Cell Processing commercially. Either party shall have the right
to sublicense its rights
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described in this Section 3.1, provided such party has obtained the
other party's prior written consent (such consent not to be
unreasonably withheld or delayed) and any such sublicensee agrees to
be bound by the terms and conditions of this Agreement and the Non-
Compete Agreement (the terms of which shall be binding upon any
sublicensee in the same manner and to the same extent such terms bind
the applicable licensor).
3.2 Maintenance of Cell Lines. Baxter shall at all times endeavor to keep
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the Cell Lines secure and safe from loss and damage in such a manner
as Baxter shall determine in accordance with ▇▇▇▇▇▇'▇ Standard
Operating Procedures System (as such term is defined in the Supply
Agreement) and consistent with ▇▇▇▇▇▇'▇ efforts to protect its own
cell lines. Upon transferring any portion of a master or working cell
bank to Nexell, or to Nexell's designee, at Nexell's request, Baxter
shall conduct viability testing prior to shipment of such master or
working cell bank and shall retain reports of such testing for
Nexell's inspection. Nexell shall assume full responsibility for
shipping such master or working cell banks and all such shipments
shall be FOB the facilities where such master or working cell banks
are kept by Baxter. Notwithstanding anything to the contrary set forth
in this Section 3.2, Baxter shall have no obligation to maintain any
Cell Line, at its expense, if Baxter elects, in its sole discretion,
to cease selling such Cell Line. In such an event, Baxter shall notify
Nexell and Nexell shall inform Baxter as to how Baxter should dispose
of any such Cell Line.
4. Notification of Payments and Reports
Each party shall notify the other party of any payment, royalty payment,
FDA marketing approval and first commercial sale in each country where such sale
is made and shall provide the other party with copies of any payment or report
transmitted to Becton concurrent with the transmittal of same to Becton.
5. Nexell's Rights to Avoid Termination of the Second BD Sublicense;
Termination; Non-Modification; Exclusivity
5.1 Baxter shall provide Nexell with written notice within three (3)
business days of the occurrence of any of the following:
(a) Failure to meet its royalty payment obligations under the Second
BD License and the Second BD Sublicense;
(b) ▇▇▇▇▇▇'▇ material breach of any other obligation under the Second
BD License;
(c) Receipt of any notification or other communication relating or
otherwise referring to ▇▇▇▇▇▇'▇ alleged breach of its
responsibilities under the Second BD License or threatening
termination of the Second BD License.
5.2 After receipt of notice under Section 5.1 above, or, in the event that
Nexell, in good faith, after consultation with Baxter, reasonably
believes that the Second BD
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License will be terminated absent action by Nexell, Nexell may, at its
option, take such actions it considers to be reasonably necessary in
order to avoid such termination. To the extent Nexell advances
payments on ▇▇▇▇▇▇'▇ behalf, such payment shall be considered a loan
to Baxter. Interest on the amount advanced shall accrue and be payable
from the date advanced at a rate of 1% per month (or the highest rate
allowed by law, if lower) compounded annually, until fully paid
(including full payment of such interest).
5.3 Final Notice to Cure. In the event Nexell exercises its rights under
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Section 5.2 above, Nexell shall be entitled to terminate this
Agreement, provided, Nexell serves Baxter with thirty (30) days prior
notice of its intention to terminate, and gives Baxter the opportunity
to cure the breach which necessitated Nexell's action under Section
5.2 above, including the payment of any fees, plus interest, due and
owing to Nexell, and/or a reimbursement of Nexell's costs and expenses
incurred by Nexell in exercising its rights under Section 5.2 above.
5.4 Early Termination. Nexell may terminate this Agreement if a final,
non-appealable decision is rendered by an arbitrator or a court of
competent jurisdiction holding that Baxter has materially breached its
obligations under Section 2 of the Non-Compete Agreement after having
been given at least 180 days notice of such breach by Nexell. In
addition, upon the termination of the Distribution and License
Agreement in accordance with its terms, this Agreement shall
automatically terminate.
5.5 Termination for Baxter Bankruptcy. This Agreement and the license
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granted hereunder shall automatically terminate, without further
action of any kind by Nexell, upon bankruptcy, insolvency, assignment
for the benefit of creditors or other act of insolvency by, or against
Baxter.
5.6 Non-Modification. Except as expressly permitted herein, neither party
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shall take any action to amend, extend, terminate or otherwise modify
the terms and conditions of, or the rights and obligations of the
parties to, the Second BD Sublicense without the prior written consent
of the other party.
5.7 Exclusivity. To the extent that Baxter becomes a non-exclusive
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marketing, sales and distribution entity with regard to any Products
Category(ies) in specified countries under the Distribution and
License Agreement, Baxter shall similarly convert into a non-exclusive
marketing, sales and distribution entity for the same Product
Category(ies) in the same countries pursuant to this Agreement.
6. Enforcement of Licensed Intellectual Property Rights
Baxter and Nexell shall each, promptly, but in no event no later than
thirty (30) days after receipt of notice thereof, notify the other of any patent
nullity actions, oppositions, reexaminations, any declaratory judgment actions
or any alleged or threatened infringement of patents or patent applications or
misappropriation or violation of any Licensed Intellectual Property, or if
Baxter or Nexell, or any of their respective Affiliates, shall be named as a
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defendant in a legal proceeding by a third party alleging infringement,
misappropriation or violation of a patent or other intellectual property right
as a result of the manufacture, production, use, distribution or sale of any
Product or of any other information or notification regarding the Licensed
Intellectual Property.
6.1 Baxter and Nexell shall cooperate in any action taken by a third party
solely involving a nullity action, opposition, reexamination or any
other action taken by such third party alleging the invalidity or
unenforceability of any Licensed Intellectual Property. Both parties
agree to share equally in the cost of the defense of such Licensed
Intellectual Property.
6.2 Baxter shall have the first right to respond to, defend or prosecute
any actions taken to defend any alleged or threatened infringement,
misappropriation or any other violation by a third party of ▇▇▇▇▇▇'▇
rights under the license granted in Section 3.1 of this Agreement. It
is understood that such action may include defending against a nullity
action or similar action or causes of action taken by such third party
in such proceedings or actions. Nexell agrees to cooperate with Baxter
and its legal counsel, join in suits or actions that may be brought by
Baxter, at ▇▇▇▇▇▇'▇ request, allow itself to be named as a party, at
▇▇▇▇▇▇'▇ request, and be available at ▇▇▇▇▇▇'▇ reasonable request to
be an expert witness or otherwise to assist in such proceedings. If
Baxter elects to respond to, defend, prosecute or settle any such
actions, challenges, infringements, misappropriations or proceedings
by a third party alleging infringement, misappropriation or violation
of ▇▇▇▇▇▇'▇ rights as described above then: (i) Baxter shall bear all
legal fees and other costs and expenses associated with such response
or defense, including those incurred by Nexell at ▇▇▇▇▇▇'▇ request;
and (ii) Baxter shall keep all amounts recovered from third parties in
connection with such response or defense. Furthermore, Baxter shall
have the right to license such Licensed Intellectual Property in
connection with any settlement of any such claim, with the prior
written consent of Nexell (such consent not to be unreasonably
withheld or delayed). Baxter shall have six (6) months to elect to
respond to, defend or prosecute any such allegations of infringement,
misappropriation or violation of rights. If Baxter declines to respond
to, defend or prosecute any such action within such six (6) month
period, then Nexell shall have the right to elect to bring any
necessary action to defend or prosecute any such allegations of
infringement, misappropriation or violation of rights. Notwithstanding
anything to the contrary set forth in this Section 6.2, it is
understood that nothing contained in this Section 6.2 shall limit,
impose any additional obligation on or otherwise alter Nexell's
obligation to indemnify Baxter under the Distribution and License
Agreement or this Agreement.
6.3 For any such actions against a third party alleging any infringement,
misappropriation or violation of rights that are not included under
the rights granted to Baxter under the license granted in Section 3.1
of this Agreement, Nexell shall have six (6) months to elect to
respond to, defend or prosecute any such allegations of infringement,
misappropriation or violation of rights. If Nexell declines to make
any such election within such six (6) month period, then
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Nexell hereby grants Baxter automatically the exclusive right to elect
to bring any necessary action to defend or prosecute any such
allegations of infringement, misappropriation or violation of rights.
If Baxter elects to do so, then Nexell's license grant to Baxter under
the license granted in Section 3.1 of this Agreement shall be deemed
to be amended to include an exclusive license to take whatever actions
are necessary for Baxter (and solely for the purpose of the foregoing)
to respond to, defend or prosecute any such actions to enforce such
rights, including the right to seek past damages. In connection
therewith, Nexell agrees to cooperate with Baxter and its legal
counsel, join in suits or actions that may be brought by Baxter, at
▇▇▇▇▇▇'▇ request, allow itself to be named as a party, at ▇▇▇▇▇▇'▇
request, and be available at ▇▇▇▇▇▇'▇ reasonable request to be an
expert witness or otherwise to assist in such proceedings. Baxter
shall bear all legal fees and other costs and expenses associated with
such response or defense, including those incurred by Nexell at
▇▇▇▇▇▇'▇ request, and Baxter shall keep all amounts recovered from
third parties in connection with such response or defense.
Furthermore, Baxter shall have the right to license such Licensed
Intellectual Property in connection with any settlement of any such
claim, with the prior written consent of Nexell (such consent not to
be unreasonably withheld or delayed). Notwithstanding anything to the
contrary set forth in this Section 6.3, it is understood that nothing
contained in this Section 6.3 shall limit, impose any additional
obligation on or otherwise alter Nexell's obligation to indemnify
Baxter under the Distribution and License Agreement or this
Agreement..
7. Dispute Resolution
7.1 Provisional Remedies. The procedures specified in this Section 7 shall
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be the sole and exclusive procedures for the resolution of disputes
between the parties arising out of or relating to this Agreement;
provided, however, that a party, without prejudice to these
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procedures, may seek a preliminary injunction or other provisional
relief if, in its sole judgment, such action is deemed necessary to
avoid irreparable damage or to preserve the status quo. During such
action, the parties will continue to participate in good faith in the
procedures specified in this Section 7.
7.2 Negotiations Between Executives. The parties will attempt in good
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faith to resolve any claim or controversy arising out of or relating
to the execution, interpretation or performance of this Agreement
(including the validity, scope and enforceability of the provisions
contained in this Section 7) promptly by negotiations between
executives who have authority to settle the controversy and who are at
a higher level of management than the persons with direct
responsibility for the administration of this Agreement.
7.3 Arbitration. In the event that any dispute arising out of or relating
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to this Agreement or its breach, termination or validity has not been
resolved after good faith negotiation pursuant to the procedures of
Section 7.2, such dispute shall upon written notice by either party to
the other, be finally settled by arbitration administered by the
Center for Public Resources in accordance with the
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provisions of its Commercial Arbitration Rules and the United Stated
Federal Arbitration Act, as modified below:
(a) The arbitration shall be heard by a panel of three (3)
independent and impartial arbitrators, all of whom shall be
selected from a list of neutral arbitrators supplied by the
Center for Public Resources. From such list, each of Baxter and
Nexell shall select one (1) arbitrator, and the arbitrators so
selected shall select a third. The panel shall designate one (1)
among them to serve as chair.
(b) The arbitration proceedings shall be conducted in Los Angeles
County or Orange County in the State of California.
(c) Any party may seek interim or provisional remedies under the
Federal Rules of Civil Procedure and the United States Federal
Arbitration Act as necessary to protect the rights or property of
the party pending the decision of the arbitrators.
(d) The parties shall allow and participate in limited discovery for
the production of documents and taking of depositions, which
shall be conducted in accordance with the Commercial Arbitration
Rules of the Center for Public Resources. All discovery shall be
completed within sixty (60) days following the filing of the
answer or other responsive pleading. Unresolved discovery
disputes shall be brought to the attention of the chair of the
arbitration panel and may be disposed of by the chair.
(e) Each party shall have up to fifty (50) hours to present evidence
and argument in a hearing before the panel of arbitrators,
provided that the chair of the panel of arbitrators may establish
such longer times for presentations as the chair deems
appropriate.
(f) The arbitration award shall be rendered by the arbitrators within
fifteen (15) business days after conclusion of the hearing of the
matter, shall be in writing and shall specify the factual and
legal basis for the award. Judgment thereon may be entered in any
court having jurisdiction thereof.
(g) The arbitrators are empowered to order money damages in
compensation for a party's actual damages, specific performance
or other appropriate relief to cure a breach; provided, however,
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that the arbitrators will have no authority to award special,
punitive or exemplary damages, or other money damages that are
not measured by the prevailing party's actual damages.
7.4 Performance During Dispute. Each party is required to continue to
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perform its obligations under this Agreement pending final resolution
of any dispute arising out of or relating to this Agreement, unless to
do so would be commercially impossible or impractical under the
circumstances.
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8. General
8.1 Provisions Contrary to Law/Severability. In performing this Agreement,
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the parties hereto shall comply with all applicable laws. Nothing in
this Agreement shall be construed so as to require the violation of
any law, and wherever there is a conflict between any provision of
this Agreement and any applicable law, the applicable law shall
prevail. In the event any provision of this Agreement conflicts with
any applicable law or is otherwise determined by an arbitrator or
court having valid jurisdiction thereof to be unenforceable, the
affected provision of this Agreement shall be deemed to have been
modified to the extent necessary so as not to conflict with the
applicable law or to be unenforceable or, if such modification is not
possible, such provision shall be deemed to have been deleted
herefrom, without affecting, impairing or invalidating the remaining
provisions of this Agreement.
8.2 Foreign Government Approval or Registration. If this Agreement or any
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associated transaction is required by the law of any nation to be
either approved or registered with any governmental authority, or any
agency or political subdivision thereof, Baxter shall assume all legal
obligations to do so. In connection therewith, Nexell shall cooperate
and assist with all reasonable requests by Baxter.
8.3 Export Control. Each party shall observe all applicable United States
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and foreign laws with respect to the transfer of Products and related
technical data to foreign nations, countries and other sovereign
states.
8.4 Notices. All notices required under this Agreement shall be in
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writing, and all such notices and other written communications
(including product orders and invoices) shall be delivered either by
hand, by a nationally recognized overnight delivery service (with
delivery charges prepaid), by first class, registered or certified
United States mail (postage prepaid), or by facsimile transmission
(provided that in the case of facsimile transmission, a confirmation
copy of the notice shall be delivered by hand, by a nationally
recognized overnight delivery service (with charges prepaid), or by
first class, registered or certified United States mail (postage
prepaid) within two (2) days of facsimile transmission), addressed to
each party as follows:
If to Baxter, such notices and any other written communications shall
be delivered to:
▇▇▇▇▇▇ Healthcare Corporation
Oncology
▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Attention: ▇▇▇▇▇ ▇▇▇▇▇▇▇ - General Manager
Telecopy: (▇▇▇) ▇▇▇-▇▇▇▇
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With copies to:
▇▇▇▇▇▇ Healthcare Corporation
▇.▇. ▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇
Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Esq. - Chief Patent Counsel
Telecopy: (▇▇▇) ▇▇▇-▇▇▇▇
and
▇▇▇▇▇▇ Healthcare Corporation
▇▇▇▇▇▇ Biosciences
▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Attention: President - Venture Management
Telecopy: (▇▇▇) ▇▇▇-▇▇▇▇
If to Nexell, such notices and any other written communications shall
be delivered to:
Nexell of California, Inc.
Nine Parker
▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Attention: President and CEO
Telecopy: (▇▇▇) ▇▇▇-▇▇▇▇
With copies to:
▇▇▇▇▇ ▇▇▇▇ LLP
▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇.
▇▇▇▇▇▇▇▇▇▇, ▇.▇. ▇▇▇▇▇
Attention: ▇▇▇▇ ▇. ▇▇▇▇▇, Esq.
Telecopy: (▇▇▇) ▇▇▇-▇▇▇▇
and to:
Nexell Therapeutics Inc.
Nine ▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Attention: Chairman
Telecopy: (▇▇▇) ▇▇▇-▇▇▇▇
or such other address as any such party may designate in writing and
delivered to the other party hereto pursuant to this Section 8.4. All
such notices or other written communications shall be deemed to have
been received by the addressee if delivered by: hand or by a
nationally recognized overnight delivery service
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(with delivery charges prepaid) at the time of delivery; by first
class, registered or certified United States mail (postage prepaid),
three (3) business days after delivery thereof to the United States
Postal Service; or by facsimile transmission, at the time of
transmission.
8.5 Force Majeure. Neither party to this Agreement shall be liable for
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delay or failure in the performance of any of its obligations
hereunder if such delay or failure is due to causes beyond its
reasonable control, including acts of God, fires, earthquakes, strikes
and labor disputes, acts of war, civil unrest or intervention of any
governmental authority, but any such delay or failure shall be
remedied by such party as soon as is reasonably possible. A party's
lack of financial resources to effect its performance hereunder shall
not be considered a force majeure event.
8.6 Limitation of Liability. IN NO EVENT, WHETHER AS A RESULT OF BREACH OF
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CONTRACT, TORT LIABILITY (INCLUDING NEGLIGENCE), OR OTHERWISE, SHALL
EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR ANY SPECIAL, PUNITIVE,
EXEMPLARY OR LIQUIDATED DAMAGES.
8.7 Use of Names. Neither party shall be permitted to use the name of the
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other in any promotional materials or advertising related to the
Products without the prior written consent of the other or as
permitted by the Distribution and License Agreement or Supply
Agreement.
8.8 Assignment. Nexell shall not assign its rights or obligations under
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this Agreement to any party during the term of the Distribution and
License Agreement and Supply Agreement without the prior written
consent of Baxter. Notwithstanding the foregoing, and subject to the
terms of the Stockholders Agreement, Nexell may assign its rights
under this Agreement in the event of a sale, merger or other business
combination of Nexell with or into another business, provided that
Nexell obtains the advance written consent of Becton. Baxter may
assign its rights and obligations hereunder to any party without prior
notice to or consent of Nexell. Subject to the foregoing, this
Agreement shall inure to the benefit of and be binding on the parties'
permitted successors and assigns.
8.9 Waivers and Modifications. The failure of any party to insist on the
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performance of any obligation hereunder shall not be deemed to be a
waiver of such obligation. Waiver of any breach of any provision
hereof shall not be deemed to be a waiver of any other breach of such
provision or any other provision. No waiver, modification, release or
amendment of any obligation under or provision of this Agreement shall
be valid or effective unless in writing signed by the other party to
be bound by such waiver, modification, release or amendment.
8.10 Choice of Law and Jurisdiction. This Agreement shall be governed by
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and construed in accordance with the internal laws of the State of
Delaware, without application of conflicts of law principles, and,
subject to Section 8.9, each party
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hereby submits to the jurisdiction and venue of any state or federal
court in the State of Delaware. To the extent permissible by law, each
of the parties hereby waives, releases and agrees not to assert, and
agrees to cause its Affiliates to waive, release and not assert, any
rights such party or its Affiliates may have under any foreign law or
regulation that would be inconsistent with the terms of this Agreement
as governed by Delaware law.
8.11 Independent Parties. By virtue of this Agreement, neither party
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constitutes the other as its agent (except as may otherwise be
expressly provided herein), partner, joint venturer, or legal
representative and neither party has express or implied authority to
bind the other in any manner whatsoever.
8.12 Entire Agreement. This Agreement and the Non-Compete Agreement,
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together with the Second BD Sublicense and the Exhibits and Schedules
annexed thereto, and the Asset Purchase Agreement dated as of August
3, 2001 by and among ▇▇▇▇▇▇, Nexell and Nexell Therapeutics Inc., and
all agreements contemplated thereby (including the agreements noted on
Schedule 5.15 thereof as continuing in effect), constitute the entire
agreement between the parties as to the subject matter hereof, and all
prior negotiations, representations, agreements and understandings are
merged into, extinguished by and completely expressed by this
Agreement and the other agreements referred to above.
8.13 Indemnification. ▇▇▇▇▇▇ shall defend, indemnify and hold Nexell and
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its Affiliates harmless from and against any and all claims, suits and
expenses, including reasonable attorney expenses, arising out of or
relating to (i) ▇▇▇▇▇▇'▇ breach of this Agreement and (ii) any claim
for property damage, personal injury or death arising out of the
manufacture, use, sale or other disposition of any products that use
the Licensed Intellectual Property by ▇▇▇▇▇▇, its Affiliates or
sublicensees; provided, however, that in the event that any product is
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a Product, the indemnification provisions in the Distribution and
License Agreement shall exclusively govern any claim. Nexell shall
defend, indemnify and hold ▇▇▇▇▇▇ and its Affiliates harmless from and
against any and all claims, suits and expenses, including reasonable
attorney expenses, arising out of or relating to Nexell's breach of
this Agreement.
8.14 Counterparts. This Agreement may be executed in any number of
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counterparts with the same effect as if all parties had signed the
same document. All such counterparts shall be deemed an original,
shall be construed together, and shall constitute one and the same
instrument.
8.15 Rules of Construction. In this Agreement, unless a clear contrary
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intention appears:
(a) The singular number includes the plural number and vice versa;
(b) Reference to any party includes such party's permitted successors
and assigns;
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(c) Reference to any gender includes the other gender;
(d) Reference to any Section, Exhibit or Schedule means such section
of this Agreement, exhibit to this Agreement or schedule to this
Agreement, as the case may be, and references in any section or
definition to any clause means such clause of such section or
definition;
(e) "Herein," "hereunder," "hereof," "hereto," and words of similar
import shall be deemed references to this Agreement as a whole
and not to any particular section or other provision of this
Agreement;
(f) "Including" (and with the correlative meaning "include") means
including without limiting the generality of any description
preceding such term;
(g) Relative to the determination of any period of time, "from" means
"from and including," "to" means "to but excluding" and "through"
means "through and including";
(h) Reference to any law (including statutes and ordinances) means
such law as amended, modified, codified or reenacted, in whole or
in part, and in effect from time to time, including rules and
regulations promulgated thereunder;
(i) Accounting terms used herein shall have the meanings historically
attributed to them by ▇▇▇▇▇▇ International Inc., a Delaware
corporation, and its subsidiaries prior to the date hereof;
(j) In the event of any conflict between any of the provisions of the
body of this Agreement and any exhibit or schedule hereto, the
provisions of the body of this Agreement shall control;
(k) The headings contained in this Agreement have been inserted for
convenience of reference only, and are not to be used in
construing this Agreement; and
(l) Any rule of construction or interpretation which might otherwise
require this Agreement to be construed or interpreted against
either party shall not apply to any construction or
interpretation hereof.
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IN WITNESS WHEREOF, the parties have duly executed this Agreement as of the
date first set forth above.
▇▇▇▇▇▇ HEALTHCARE CORPORATION
By: /s/
------------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Senior Vice President, Corporate
Strategy and Development
NEXELL OF CALIFORNIA, INC.
By: /s/
------------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇▇.
President
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