EXHIBIT 10.38

 

NEUROLOGIX

One Bridge Plaza

Fort Lee, New Jersey 07024

 

October 8, 2003

 

Michael G. Kaplitt, MD PhD

 

Dear Dr. Kaplitt:

 

This letter (the “Amendment”) amends that certain Consulting Agreement, dated as
of October 1, 1999 (the “Consulting Agreement”), between yourself and
Neurologix, Inc., a Delaware corporation (“Neurologix”). Capitalized terms used
herein but not otherwise defined herein shall have the respective meanings
assigned to such terms in the Consulting Agreement.

 

It is therefore agreed as follows:

 

  1. Section 4 of the Consulting Agreement is amended and restated to read in
its entirety as follows:

 

4. Term and Termination. The term of this Agreement shall commence on the date
hereof and shall continue for eight (8) years until September 30, 2007, unless
earlier terminated for cause (including breach of any agreement between the
parties) by either party upon thirty (30) days written notice to the other
party.

 

  2. Except as amended above by this Amendment, all of your and Neurologix’s
respective rights and obligations under the Consulting Agreement and the related
Confidentiality, Proprietary Information and Inventions Agreement, dated as of
October 1, 1999, between yourself and Neurologix, shall be deemed preserved by
this amendment, without modification or reduction, subject to the effect of any
prior waiver effected by either party.

 

  3. This Amendment shall be governed by, and construed pursuant to, the laws of
the State of New York applicable to agreements made and to be performed wholly
within such State.

 

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
date first written above. This Amendment may be executed in counterparts.

 

Very truly yours,

 

NEUROLOGIX, INC.

By:  

/s/    Martin J. Kaplitt        

   

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Dr. Martin J. Kaplitt

President

 

ACCEPTED AND AGREED:

/s/    Michael G. Kaplitt        

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Michael G. Kaplitt, MD PhD

 

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