Exhibit 10.1

 

Confidential portions of this document have been redacted and omitted pursuant
to a Request for Confidential Treatment filed with the Securities and Exchange
Commission (the "SEC") pursuant to Rule 24b-2 under the Securities Exchange Act
of 1934, as amended. The redacted and omitted portions are indicated with the
notation “*” and have been filed separately with the SEC.

 

FOURTH AMENDMENT

 

This Fourth Amendment, effective as of the date set forth above the signatures
of the parties below (the “Effective Date”), amends the Exclusive Patent License
Agreement dated April 15, 2011 by and between the Massachusetts Institute of
Technology (“M.I.T.”), a Massachusetts corporation having its principal office
at 77 Massachusetts Avenue, Cambridge, Massachusetts, 02139, and Enumeral
Biomedical Corp., a Delaware Corporation having its principal place of business
at 200 CambridgePark Drive, Suite 2000, Cambridge, MA 02140 (“COMPANY”), as
amended by the First Amendment effective March 8, 2013, the Second Amendment
effective July 16, 2014, and by the Third Amendment effective April 15, 2015
(the “LICENSE AGREEMENT”). Capitalized terms used herein without definition
shall have the meaning given such terms in the LICENSE AGREEMENT.

 

NOW, THEREFORE, in consideration of the promises and mutual covenants contained
herein, the parties hereto agree to modify the LICENSE AGREEMENT as follows:

 

1.     Section 3.1(k) is hereby deleted and replaced with the following:

 

“(k)      In the aggregate, COMPANY or an AFFILIATE shall enter into at least *
sublicenses and/or CORPORATE PARTNER agreements for the development of LICENSED
PRODUCTS and/or DIAGNOSTIC PRODUCTS by *.”

 

2.     Section 3.1(m) is hereby deleted and replaced with the following:

 

“(m)      By *, COMPANY or an AFFILIATE or its SUBLICENSEE or CORPORATE PARTNER
shall file an IND on a THERAPEUTIC PRODUCT.”

 

3.     The remaining terms and conditions of the LICENSE AGREEMENT remain
intact.

 

 

 

  

IN WITNESS WHEREOF, the parties have caused this Fourth Amendment to be executed
under seal by their duly authorized representatives.

 

The Effective Date of this Fourth Amendment is: April 14, 2016.

 

MASSACHUSETTS INSTITUTE OF   ENUMERAL BIOMEDICAL CORP. TECHNOLOGY           By:
/s/ John H. Turner, Jr.   By: /s/ Arthur H. Tinkelenberg, Ph.D.           Name:
John H. Turner, Jr.   Name: Arthur H. Tinkelenberg, Ph.D.           Title:
Associate Director   Title: President and Chief Executive Officer   Technology
Licensing Office