Exhibit 10.1

 
Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
with “[***]”
 
PUBLIC HEALTH SERVICE
 
PATENT LICENSE AGREEMENT NONEXCLUSIVE - SUBLICENSABLE
 
This Agreement is based on the model Patent License Non-Exclusive Sublicensable
Agreement adopted by the U.S. Public Health Service (“PHS”) Technology Transfer
Policy Board for use by components of the National Institutes of Health (“NIH”),
the Centers for Disease Control and Prevention (“CDC”), and the Food and Drug
Administration (“FDA”), which are agencies of the PHS within the Department of
Health and Human Services (“HHS”).
 
 
 
This Cover Page identifies the Parties to this Agreement:
 
 
 
The U.S. Department of Health and Human Services, as represented by
 
National Cancer Institute (“NCI”)
 
an Institute or Center (hereinafter referred to as the “IC”) of the
 
NIH
 
 
 
and
 
 
 
Cellular Biomedicine Group, Inc.,
 
hereinafter referred to as the “Licensee”,
 
having offices at 19925 Stevens Creek Blvd., Suite 100, Cupertino, CA 95014,
 
created and operating under the laws of Delaware.
 
Tax ID No.: 86-1032927
 
 
 
 
 
 
 
 
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Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
with “[***]”
 
 
For the IC internal use only:
 
License Number:
 
License Application Number: A-491-2018
 
Serial Number(s) of Licensed Patent(s) or Patent Application(s):
 
[***]
 
 
Licensee: Cellular Biomedicine Group, Inc.
 
Cooperative Research and Development Agreement (CRADA) Number (if a subject
invention): N/A
 
Additional Remarks: None
 
Public Benefit(s): New therapeutic options for the treatment of cancer.
 
This Patent License Agreement, hereinafter referred to as the “Agreement”,
consists of this Cover Page, an attached Agreement, a Signature Page, Appendix A
(List of Patent(s) or Patent Application(s)), Appendix B (Fields of Use and
Territory), Appendix C (Royalties), Appendix D ((Benchmarks and Performance),
Appendix E (Commercial Development Plan), Appendix F (Example Royalty Report),
and Appendix G (Royalty Payment Options.
 

 
 
 
 
 
 
 
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Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
with “[***]”
 
 
The IC and the Licensee agree as follows:
 
1.
BACKGROUND
 
1.1 
In the course of conducting biomedical and behavioral research, the IC
investigators made inventions that may have commercial applicability.
 
1.2
By assignment of rights from the IC employees and other inventors, HHS, on
behalf of the Government, owns intellectual property rights claimed in any
United States or foreign patent applications or patents corresponding to the
assigned inventions. HHS also owns any tangible embodiments of these inventions
actually reduced to practice by the IC.
 
1.3
The Secretary of HHS has delegated to the IC the authority to enter into this
Agreement for the licensing of rights to these inventions under 35 U.S.C.
§§200-212, the Federal Technology Transfer Act of 1986, 15 U.S.C. §3710(a), and
the regulations governing the licensing of Government-owned inventions, 37
C.F.R. Part 404.
 
1.4
The IC desires to transfer these inventions to the private sector through
commercialization licenses to facilitate the commercial development of products
and processes for public use and benefit.
 
1.5
The Licensee desires to acquire commercialization rights to certain of these
inventions in order to develop processes, methods, or marketable products for
public use and benefit.
 
2.
DEFINITIONS
 
2.1 
“Affiliate(s)” means a corporation or other business entity, which directly or
indirectly is controlled by or controls, or is under common control with the
Licensee. For this purpose, the term "control" shall mean (a) ownership of more
than fifty percent (50%) of the voting stock or other ownership interest of the
corporation or other business entity, (b) the power to elect or appoint more
than fifty percent (50%) of the members of the governing body of the corporation
or other business entity, or (c) the powers to direct or cause the direction of
the management or policies of the corporation or other business entity by
contract, agreement or otherwise.
 
2.2
“Benchmarks” mean the performance milestones that are set forth in Appendix D.
 
2.3
“Commercial Development Plan” means the written commercialization plan attached
as Appendix E.
 
2.4
“First Commercial Sale” means the initial transfer by or on behalf of the
Licensee or its sublicensees of the Licensed Products or the initial practice of
a Licensed Process by or on behalf of the Licensee or its sublicensees in
exchange for cash or some equivalent to which value can be assigned for the
purpose of determining Net Sales.
 
2.5
“Government” means the Government of the United States of America.
 
2.6
“Licensed Fields of Use” means the fields of use identified in Appendix B.
 
 
 
 
 
 
 
 
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Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
with “[***]”
 
 

 
2.7
“Licensed Patent Rights” shall mean:
 
(a)
Patent applications (including provisional patent applications and PCT patent
applications) or patents listed in Appendix A, all divisions and continuations
of these applications, all patents issuing from these applications, divisions,
and continuations, and any reissues, reexaminations, and extensions of all these
patents;
 
(b)
to the extent that the following contain one or more claims directed to the
invention or inventions disclosed in 2.7(a):
 
(i)
continuations-in-part of 2.7(a);
 
(ii)
all divisions and continuations of these continuations-in-part;
 
(iii)
all patents issuing from these continuations-in-part, divisions, and
continuations;
 
(iv)
priority patent application(s) of 2.7(a); and
 
(v)
any reissues, reexaminations, and extensions of all these patents;
 
(c)
to the extent that the following contain one or more claims directed to the
invention or inventions disclosed in 2.7(a): all counterpart foreign and U.S.
patent applications and patents to 2.7(a) and 2.7(b), including those listed in
Appendix A; and
 
(d)
Licensed Patent Rights shall not include 2.7(b) or 2.7(c) to the extent that
they contain one or more claims directed to new matter which is not the subject
matter disclosed in 2.7(a).
 
2.8
“Licensed Processes” means processes, which in the course of being practiced,
would be within the scope of one or more Valid Claims of one or more patents or
pending patent applications contained within the Licensed Patent Rights.
 
2.9
“Licensed Products” means tangible materials, which in the course of
manufacture, use, sale, or importation, would be within the scope of one or more
Valid Claims of one or more patents or pending patent applications contained
within the Licensed Patent Rights.
 
2.10
“Licensed Territory” means the geographical area identified in Appendix B.
 
2.11
“Net Sales” means the total gross receipts for sales of Licensed Products or
practice of Licensed Processes by or on behalf of the Licensee or its
sublicensees, and from leasing, renting, or otherwise making Licensed Products
available to others without sale or other dispositions, whether invoiced or not,
less:
 
(a)
trade, cash and quantity discounts, including charge backs, rebates, premiums,
allowances and any other deduction actually granted (not to exceed the original
billing);
 
 
 
 
 
 
 
 
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Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
with “[***]”
 
 

 
(b)
sales and excise taxes and duties and other governmental charges imposed upon
the importation, use or sale of the Licensed Products or Licensed Processes
actually charged;
 
(c)
freight, insurance and other transportation charges actually charged; and
 
(d)
amounts repaid or credited (not to exceed the original billing) by reason of
rejections, defects, outdating, price differences, recalls, returns, or because
of retroactive price reductions or due to governmental laws or regulations
required requiring rebates actually granted; calculated, in all cases, in
accordance with US Generally Accepted Accounting Principles (GAAP).
 
No deductions shall be made for commissions paid to individuals, whether they
are with independent sales agencies or regularly employed by the Licensee, or
its sublicensees, and on its payroll, or for the cost of collections.
 
For clarity, only sales of Licensed Products or practice of Licensed Processes
to persons and entities other than a) Licensee, b) Affiliates and c)
sublicensees are to be included in Net Sales. Sales of Licensed Products or
practice of Licensed Processes between Affiliates, Licensee and/or sublicensees
are not to be included within Net Sales, unless such Affiliate or sublicensee
are the end user(s) of Licensed Products or Licensed Processes, and further
provided that subsequent sales from such Affiliates or sublicensees to third
parties shall be included within Net Sales.
 
2.12
“Phase 1 Clinical Study” shall mean the initial introduction of an
investigational new drug into humans, the principal purpose of which is to
determine the metabolism and pharmacologic actions of the drug in humans, the
side effects associated with increasing doses, and, if possible, to gain early
evidence on effectiveness, in compliance with 21 C.F.R. §312(a) or foreign
equivalent.
 
2.13
“Phase 2 Clinical Study” shall mean controlled human clinical studies conducted
to evaluate the effectiveness of a drug for a particular indication or
indications in patients with the disease or condition under study and to
determine the common short-term side effects and risks associated with the drug
in compliance with 21 C.F.R. §312(b) or foreign equivalent, and shall include
any clinical study that leads to a conditional regulatory approval, that is
followed by a confirmatory Phase 3 Clinical Study.
 
2.14
“Practical Application” means to manufacture in the case of a composition or
product, to practice in the case of a process or method, or to operate in the
case of a machine or system; and in each case, under these conditions as to
establish that the invention is being utilized and that its benefits are to the
extent permitted by law or Government regulations available to the public on
reasonable terms.
 
 
 
 
 
 
 
 
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Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
with “[***]”
 
 

 
2.15
“Valid Claims” means the later of (a) a claim of any issued and unexpired patent
within the Licensed Patent Rights; or (b) a claim of a pending patent
application within the Licensed Patent Rights that has been pending for no more
than five (5) years after the first official office action on its merits and, in
each case has not been (i) permanently revoked or held unpatentable, invalid or
unenforceable by a final decision of a court or governmental agency of competent
jurisdiction, which decision can no longer be appealed or was not appealed
within the time allowed, (ii) rendered unenforceable through disclaimer or
otherwise, (iii) abandoned or (iv) permanently lost through an interference or
opposition proceeding without any right of appeal or review.
 
3.
GRANT OF RIGHTS
 
3.1 
The IC hereby grants and the Licensee accepts, subject to the terms and
conditions of this Agreement, a nonexclusive sublicensable license under
Licensed Patent Rights in the Licensed Territory to make and have made, to use
and have used, to sell and have sold, to offer to sell, and to import any
Licensed Products in the Licensed Fields of Use and to practice and have
practiced any Licensed Processes in the Licensed Fields of Use.
 
3.2
This Agreement confers no license or rights by implication, estoppel, or
otherwise under any patent applications or patents of the IC other than the
Licensed Patent Rights regardless of whether these patents are dominant or
subordinate to the Licensed Patent Rights.
 
4.
SUBLICENSING
 
4.1 
Upon written approval, which shall include prior review of any sublicense
agreement by the IC and which shall not be unreasonably withheld, the Licensee
may enter into sublicensing agreements under the Licensed Patent Rights only
when it concurrently licenses proprietary or in-licensed intellectual property
rights. For the avoidance of doubt, the Licensee does not have the right to
solely sublicense the Licensed Patent Rights.
 
4.2
The Licensee agrees that any sublicenses granted by it shall provide that the
obligations to the IC of Paragraphs 5.1, 5.2, 8.1, 10.1, 10.2, 12.6, and
13.7-13.9 of this Agreement shall be binding upon the sublicensee as if it were
a party to this Agreement. The Licensee further agrees to attach copies of these
Paragraphs to all sublicense agreements.
 
4.3
Any sublicenses granted by the Licensee shall provide for the termination of the
sublicense, or the conversion to a license directly between the sublicensees and
the IC, at the option of the sublicensee, upon termination of this Agreement
under Article 13. This conversion is subject to the IC approval and contingent
upon acceptance by the sublicensee of the remaining provisions of this
Agreement.
 
4.4
The Licensee agrees to forward to the IC a complete copy of each fully executed
sublicense agreement postmarked within thirty (30) days of the execution of the
agreement. To the extent permitted by law, the IC agrees to maintain each
sublicense agreement in confidence.
 
4.5
The Licensee may enter into sublicensing agreements under the Licensed Patent
Rights with Affiliates of Licensee, and Paragraph 4.1 and the sublicense royalty
obligation specified in Paragraph V of Appendix C of this Agreement shall not
apply to such Affiliate sublicense(s).
 
 
 
 
 
 
 
 
 
6

Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
with “[***]”
 
 

 
5.
STATUTORY AND NIH REQUIREMENTS AND RESERVED GOVERNMENT RIGHTS
 
5.1 
Prior to the First Commercial Sale, the Licensee agrees to provide the IC with
reasonable quantities of Licensed Products or materials made through the
Licensed Processes for the IC’s research use.
 
5.2
The Licensee agrees that products used or sold in the United States embodying
Licensed Products or produced through use of Licensed Processes shall be
manufactured substantially in the United States, unless a written waiver is
obtained in advance from the IC.
 
6.
ROYALTIES AND REIMBURSEMENT
 
6.1 
The Licensee agrees to pay the IC a non-creditable, non-refundable license issue
royalty as set forth in Appendix C.
 
6.2
The Licensee agrees to pay the IC a minimum annual royalty as set forth in
Appendix C.
 
6.3
The Licensee agrees to pay the IC earned royalties as set forth in Appendix C.
 
6.4
The Licensee agrees to pay the IC benchmark royalties as set forth in Appendix
C.
 
6.5
The Licensee agrees to pay the IC sublicense royalties as set forth in Appendix
C.
 
6.6
A patent or patent application licensed under this Agreement shall cease to fall
within the Licensed Patent Rights for the purpose of computing earned royalty
payments in any given country on the earliest date that a Valid Claim no longer
exists. For the avoidance of doubt, if a patent application pending for more
than five (5) years from the first official office action on its merits later
issues as a patent, Licensee shall pay any earned royalties that would have been
owed if such pending application had been included within the Licensed Patent
Rights for the entire duration of its pendency.
 
6.7
No multiple royalties shall be payable because any Licensed Products or Licensed
Processes are covered by more than one of the Licensed Patent Rights.
 
6.8
On sales of Licensed Products by the Licensee to sublicensees or on sales made
in other than an arms-length transaction, the value of the Net Sales attributed
under this Article 6 to this transaction shall be that which would have been
received in an arms-length transaction, based on sales of like quantity and
quality products on or about the time of this transaction.
 
6.9
Reserved
 
 
 
 
 
 
 
 
 
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Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
with “[***]”
 
 

 
6.10
With regard to unreimbursed expenses associated with the preparation, filing,
prosecution, and maintenance of all patent applications and patents included
within the Licensed Patent Rights and paid by the IC on or after the effective
date of this Agreement, the IC, at its sole option, may require the Licensee:
 
(a)
to pay the IC on an annual basis, within [*** ]of the IC's submission of a
statement and request for payment, a royalty amount equivalent to the lesser of
(i) [***] of these unreimbursed expenses paid during the previous calendar
year(s) or (ii) a pro-rated portion of such unreimbursed expenses calculated by
dividing the total patent costs paid during the previous calendar year(s) by the
number of commercialization licensees of record whose licenses have a Licensed
Field of Use which includes the development of therapeutic or diagnostic
products and falls within the scope of the Licensed Patent Rights as of the date
of this statement;
 
(b)
to pay these unreimbursed expenses directly to the law firm employed by the IC
to handle these functions. However, in this event, the IC and not the Licensee
shall be the client of the law firm; or
 
(c)
under exceptional circumstances, the Licensee may be given the right to assume
responsibility for the preparation, filing, prosecution, or maintenance of any
patent application or patent included with the Licensed Patent Rights. In that
event, the Licensee shall directly pay the attorneys or agents engaged to
prepare, file, prosecute, or maintain these patent applications or patents and
shall provide the IC with copies of each invoice associated with these services
as well as documentation that these invoices have been paid.
 
6.11
The IC agrees, upon written request, to provide the Licensee with summaries of
patent prosecution invoices for which the IC has requested payment from the
Licensee under Paragraph 6.10. The Licensee agrees that all information provided
by the IC related to patent prosecution costs shall be treated as confidential
commercial information and shall not be released to a third party except as
required by law or a court of competent jurisdiction.
 
6.12
The Licensee may elect to surrender its rights in any country of the Licensed
Territory under any of the Licensed Patent Rights upon [***] written notice to
the IC and owe no payment obligation under Paragraph 6.10 for patent-related
expenses paid in that country after the effective date of the written notice.
 
7.
PATENT FILING, PROSECUTION, AND MAINTENANCE
 
7.1 
The IC agrees to take responsibility for the preparation, filing, prosecution,
and maintenance of any and all patent applications or patents included in the
Licensed Patent Rights.
 
 
 
 
 
 
 
 
 
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Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
with “[***]”
 
 

 
8.
RECORD KEEPING
 
8.1 
The Licensee agrees to keep accurate and correct records of Licensed Products
made, used, sold, or imported and Licensed Processes practiced under this
Agreement appropriate to determine the amount of royalties due the IC. These
records shall be retained for at least five (5) years following a given
reporting period and shall be available during normal business hours for
inspection, at the expense of the IC, by an accountant or other designated
auditor selected by the IC for the sole purpose of verifying reports and royalty
payments hereunder. Such inspections shall be limited to once per calendar year.
The accountant or auditor shall only disclose to the IC information relating to
the accuracy of reports and royalty payments made under this Agreement. If an
inspection shows an underreporting or underpayment in excess of [***] for any
[***] period, then the Licensee shall reimburse the IC [***] at the time the
Licensee pays the unreported royalties, including any additional royalties as
required by Paragraph 9.8. All royalty payments required under this Paragraph
shall be due within [***] of the date the IC provides the Licensee notice of the
payment due.
 
9.
REPORTS ON PROGRESS, BENCHMARKS, SALES, AND PAYMENTS
 
9.1 
Prior to signing this Agreement, the Licensee has provided the IC with the
Commercial Development Plan in Appendix E, under which the Licensee intends to
bring the subject matter of the Licensed Patent Rights to the point of Practical
Application. This Commercial Development Plan is hereby incorporated by
reference into this Agreement. Based on this plan, performance Benchmarks are
determined as specified in Appendix D.
 
9.2
The Licensee shall provide written annual reports on its product development
progress or efforts to commercialize under the Commercial Development Plan for
each of the Licensed Fields of Use within [***] after December 31 of each
calendar year. These progress reports shall include, but not be limited to:
progress on research and development, status of applications for regulatory
approvals, manufacture and status of sublicensing, marketing, importing, and
sales during the preceding calendar year, as well as, plans for the present
calendar year. The IC also encourages these reports to include information on
any of the Licensee’s public service activities that relate to the Licensed
Patent Rights. If reported progress differs from that projected in the
Commercial Development Plan and Benchmarks, the Licensee shall explain the
reasons for such differences. In any annual report, the Licensee may propose
amendments to the Commercial Development Plan, acceptance of which by the IC may
not be denied unreasonably. The Licensee agrees to provide any additional
information reasonably required by the IC to evaluate the Licensee’s performance
under this Agreement. The Licensee may amend the Benchmarks at any time upon
written approval by the IC. The IC shall not unreasonably withhold approval of
any request of the Licensee to extend the time periods of this schedule if the
request is supported by a reasonable showing by the Licensee of diligence in its
performance under the Commercial Development Plan and toward bringing the
Licensed Products to the point of Practical Application.
 
9.3
The Licensee shall report to the IC the dates for achieving Benchmarks specified
in Appendix D and the First Commercial Sale in each country in the Licensed
Territory within [***] of such occurrences.
 
 
 
 
 
 
 
 
 
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Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
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9.4
The Licensee shall submit to the IC, within [***] after each [***], beginning
with the First Commercial Sale, a royalty report, as described in the example in
Appendix F, setting forth for the preceding the amount of the Licensed Products
sold or Licensed Processes practiced by or on behalf of the Licensee in each
country within the Licensed Territory, the Net Sales, and the amount of royalty
accordingly due. With each royalty report, the Licensee shall submit payment of
earned royalties due. If no earned royalties are due to the IC for any reporting
period, the written report shall so state. The royalty report shall be certified
as correct by an authorized officer of the Licensee and shall include a detailed
listing of all deductions made under Paragraph 2.11 to determine Net Sales made
under Article 6 to determine royalties due.
 
9.5
The Licensee agrees to forward [***] to the IC a copy of these reports received
by the Licensee from its sublicensees during the preceding [***] as shall be
pertinent to a royalty accounting to the IC by the Licensee for activities under
the sublicense.
 
9.6
Royalties due under Article 6 shall be paid in U.S. dollars and payment options
are listed in Appendix G. For conversion of foreign currency to U.S. dollars,
the conversion rate shall be the New York foreign exchange rate quoted in The
Wall Street Journal on the day that the payment is due, and any loss of
exchange, value, taxes, or other expenses incurred in the transfer or conversion
to U.S. dollars shall be paid entirely by the Licensee. The royalty report
required by Paragraph 9.4 shall be mailed to the IC at its address for Agreement
Notices indicated on the Signature Page.
 
9.7
The Licensee shall be solely responsible for determining if any tax on royalty
income is owed outside the United States and shall pay this tax and be
responsible for all filings with appropriate agencies of foreign governments.
 
9.8
Additional royalties may be assessed by the IC on any payment that is more than
[***] overdue at the rate of [***]. This [***] rate may be applied retroactively
from the original due date until the date of receipt by the IC of the overdue
payment and additional royalties. The payment of any additional royalties shall
not prevent the IC from exercising any other rights it may have as a consequence
of the lateness of any payment.
 
9.9
All plans and reports required by this Article 9 and marked “confidential” by
the Licensee shall, to the extent permitted by law, be treated by the IC as
commercial and financial information obtained from a person and as privileged
and confidential, and any proposed disclosure of these records by the IC under
the Freedom of Information Act (FOIA), 5 U.S.C. §552 shall be subject to the
predisclosure notification requirements of 45 C.F.R. §5.65(d).
 
10.
PERFORMANCE
 
10.1 
The Licensee shall use its reasonable commercial efforts to bring the Licensed
Products and Licensed Processes to Practical Application. “Reasonable commercial
efforts” for the purposes of this provision shall include substantial adherence
to the Commercial Development Plan in Appendix E and performance of the
Benchmarks in Appendix D. The efforts of a sublicensee shall be considered the
efforts of the Licensee.
 
 
 
 
 
 
 
 
 
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Confidential Treatment Requested by Cellular Biomedicine Group, Inc.
IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
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10.2
Upon the First Commercial Sale, until the expiration or termination of this
Agreement, the Licensee shall use its reasonable commercial efforts to make
Licensed Products and Licensed Processes reasonably accessible to the United
States public.
 
 
10.3
The Licensee agrees, after its First Commercial Sale, to make reasonable
quantities of Licensed Products or materials produced through the use of
Licensed Processes available to patient assistance programs.
 
10.4
The Licensee agrees, after its First Commercial Sale and as part of its
marketing and product promotion, to develop educational materials (e.g.,
brochures, website, etc.) directed to patients and physicians detailing the
Licensed Products or medical aspects of the prophylactic and therapeutic uses of
the Licensed Products.
 
10.5
The Licensee agrees to supply, to the Mailing Address for Agreement Notices
indicated on the Signature Page, the Office of Technology Transfer, NIH with
inert samples of the Licensed Products or Licensed Processes or their packaging
for educational and display purposes only.
 
11.
INFRINGEMENT AND PATENT ENFORCEMENT
 
11.1 
The IC and the Licensee agree to notify each other promptly of each infringement
or possible infringement of the Licensed Patent Rights, as well as, any facts
which may affect the validity, scope, or enforceability of the Licensed Patent
Rights of which either Party becomes aware.
 
11.2
Pursuant to this Agreement and the provisions of 35 U.S.C. Part 29 the Licensee
may:
 
(a)
bring suit in its own name, at its own expense, and on its own behalf for
infringement of presumably valid claims in the Licensed Patent Rights;
 
(b)
in any suit, enjoin infringement and collect for its use, damages, profits, and
awards of whatever nature recoverable for the infringement; or
 
(c)
settle any claim or suit for infringement of the Licensed Patent Rights
provided, however, that the IC and appropriate Government authorities shall have
the first right to take such actions; and
 
(d)
if the Licensee desires to initiate a suit for patent infringement, the Licensee
shall notify the IC in writing. If the IC does not notify the Licensee of its
intent to pursue legal action within [***], the Licensee shall be free to
initiate suit. The IC shall have a continuing right to intervene in the suit.
The Licensee shall take no action to compel the Government either to initiate or
to join in any suit for patent infringement. The Licensee may request the
Government to initiate or join in any suit if necessary to avoid dismissal of
the suit. Should the Government be made a party to any suit, the Licensee shall
reimburse the Government for any costs, expenses, or fees which the Government
incurs as a result of the motion or other action. In all cases, the Licensee
agrees to keep the IC reasonably apprised of the status and progress of any
litigation. Before the Licensee commences an infringement action, the Licensee
shall notify the IC and give careful consideration to the views of the IC and to
any potential effects of the litigation on the public health in deciding whether
to bring suit.
 
 
 
 
 
 
 
 
 
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IRS Employer Identification No. 86-1032927
Confidential treatment requested with respect to certain portions hereof denoted
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11.3
Any recovery, whether by way of settlement or judgment, from a third party
pursuant to a legal proceeding initiated hereunder shall first be used to
reimburse the actual fees, costs and expenses incurred by the parties in
connection with such proceeding. The balance of such recovery shall be treated
as Net Sales and subject to earned royalties pursuant to Appendix C of this
Agreement.
 
11.4
In the event IC or Licensee initiates or defends a legal proceeding concerning
any Licensed Patent Rights, the other party shall supply all reasonable
assistance reasonably requested by the party initiating such proceeding.
 
11.5
In the event that a declaratory judgment action alleging invalidity of any of
the Licensed Patent Rights shall be brought against the IC, the IC agrees to
notify the Licensee that an action alleging invalidity has been brought. The IC
does not represent that it shall commence legal action to defend against a
declaratory action alleging invalidity. If the IC elects not to defend against
such an action, the Licensee (a) may defend the suit in its own name, at its own
expense, and on its own behalf for presumably Valid Claims in the Licensed
Patent Rights hereunder; (b) in any such suit, ultimately may enjoin
infringement and collect damages, profits and awards of whatever nature
recoverable for such infringement; and (c) settle any claim or suit for
declaratory infringement involving the Licensed Patent Rights; provided,
however, that the IC and appropriate Government authorities shall have a
continuing right to intervene in such suit. The Licensee shall take no action to
compel the Government either to initiate or to join in any declaratory judgment
action. Should the Government be made a party to any suit by motion or any other
action of the Licensee, the Licensee shall reimburse the Government for any
costs, expenses, or fees, which the Government incurs as a result of the motion
or other action. Upon the Licensee's payment of all costs incurred by the
Government as a result of the Licensee's joinder motion or other action, these
actions by the Licensee shall not be considered a default in the performance of
any material obligation under this Agreement.
 
12.
NEGATION OF WARRANTIES AND INDEMNIFICATION
 
12.1 
The IC offers no warranties other than those specified in Article 1.
 
12.2
The IC represents that it owns the Licensed Patent Rights in the Licensed Fields
of Use and is duly authorized to enter into this Agreement on the terms and
conditions herein set forth.
 
12.3
The IC does not warrant the validity of the Licensed Patent Rights and makes no
representations whatsoever with regard to the scope of the Licensed Patent
Rights, or that the Licensed Patent Rights may be exploited without infringing
other patents or other intellectual property rights of third parties.
 
12.4
THE IC MAKES NO WARRANTIES, EXPRESSED OR IMPLIED, OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OF ANY SUBJECT MATTER DEFINED BY THE CLAIMS OF THE
LICENSED PATENT RIGHTS OR TANGIBLE MATERIALS RELATED THERETO.
 
12.5
The IC does not represent that it shall commence legal actions against third
parties infringing the Licensed Patent Rights.
 
 
 
 
 
 
 
 
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12.6
The Licensee shall indemnify and hold the IC, its employees, students, fellows,
agents, and consultants harmless from and against all liability, demands,
damages, expenses, and losses, including but not limited to death, personal
injury, illness, or property damage in connection with or arising out of:
 
(a)
the use by or on behalf of the Licensee, its sublicensees, its directors,
employees, or third parties of any Licensed Patent Rights; or
 
(b)
the design, manufacture, distribution, or use of any Licensed Products, Licensed
Processes or materials by the Licensee, or other products or processes developed
in connection with or arising out of the Licensed Patent Rights.
 
12.7
The Licensee agrees to maintain a liability insurance program consistent with
sound business practice.
 
13.
TERM, TERMINATION, AND MODIFICATION OF RIGHTS
 
13.1 
This Agreement is effective when signed by all parties, unless the provisions of
Paragraph 14.15 are not fulfilled, and shall extend to the expiration of the
last to expire of the Licensed Patent Rights unless sooner terminated as
provided in this Article 13.
 
13.2
In the event that the Licensee is in default in the performance of any material
obligations under this Agreement, including but not limited to the obligations
listed in Paragraph 13.5, and if the default has not been remedied within [***]
after the date of notice in writing of the default, the IC may terminate this
Agreement by written notice and pursue outstanding royalties owed through
procedures provided by the Federal Debt Collection Act.
 
13.3
In the event that the Licensee becomes insolvent, files a petition in
bankruptcy, has such a petition filed against it, determines to file a petition
in bankruptcy, or receives notice of a third party’s intention to file an
involuntary petition in bankruptcy, the Licensee shall immediately notify the IC
in writing.
 
13.4
The Licensee shall have a unilateral right to terminate this Agreement in any
country or territory by giving the IC [***] written notice to that effect.
 
13.5
The IC shall specifically have the right to terminate or modify, at its option,
this Agreement, if the IC determines that the Licensee:
 
(a)
is not using reasonable commercial efforts, as defined in Paragraph 10.1, in
executing the Commercial Development Plan submitted with its request for a
license and the Licensee cannot otherwise demonstrate to the IC’s satisfaction
that the Licensee has taken, or can be expected to take within a reasonable
time, effective steps to achieve Practical Application of the Licensed Products
or Licensed Processes;
 
(b)
has not achieved the Benchmarks as may be modified under Paragraph 9.2;
 
(c)
has willfully made a false statement of, or willfully omitted, a material fact
in the license application or in any report required by this Agreement;
 
 
 
 
 
 
 
 
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(d)
has committed a material breach of a covenant or agreement contained in this
Agreement;
 
(e)
is not keeping Licensed Products or Licensed Processes reasonably available to
the public after commercial use commences;
 
(f)
cannot reasonably satisfy unmet health and safety needs; or
 
(g)
cannot reasonably justify a failure to comply with the domestic production
requirement of Paragraph 5.2, unless waived.
 
13.6
In making the determination referenced in Paragraph 13.5, the IC shall take into
account the normal course of such commercial development programs conducted with
sound and reasonable business practices and judgment and the annual reports
submitted by the Licensee under Paragraph 9.2. Prior to invoking termination or
modification of this Agreement under Paragraph 13.5, the IC shall give written
notice to the Licensee providing the Licensee specific notice of, and a [***]
opportunity to respond to, the IC’s concerns as to the items referenced in
13.5(a)-13.5(g). If the Licensee fails to alleviate the IC’s concerns as to the
items referenced in 13.5(a)-13.5(g) or fails to initiate corrective action to
the IC’s satisfaction, the IC may terminate this Agreement.
 
13.7
 The IC reserves the right according to 35 U.S.C. §209(d)(3) to terminate or
modify this Agreement if it is determined that the action is necessary to meet
the requirements for public use specified by federal regulations issued after
the date of the license and these requirements are not reasonably satisfied by
the Licensee.
 
13.8
Within [***] of receipt of written notice of the IC’s unilateral decision to
modify or terminate this Agreement, the Licensee may, consistent with the
provisions of 37 C.F.R. §404.11, appeal the decision by written submission to
the designated the IC official. The decision of the designated IC official shall
be the final agency decision. The Licensee may thereafter exercise any and all
administrative or judicial remedies that may be available.
 
13.9
Within [***] of expiration or termination of this Agreement under this Article
13, a final report shall be submitted by the Licensee. Any royalty payments,
including those incurred but not yet paid (such as the full minimum annual
royalty), and those related to patent expense, due to the IC shall become
immediately due and payable upon termination or expiration. If terminated under
this Article 13, sublicensees may elect to convert their sublicenses to direct
licenses with the IC pursuant to Paragraph 4.3. For a period of [***] following
termination or expiration of this Agreement, the Licensee shall have the right
to offer for sale and sell any existing inventory of Licensed Products, subject
to the royalty obligations as set forth in Appendix C. After this [***] period,
the Licensee shall return all remaining Licensed Products or other materials
included within the Licensed Patent Rights to the IC or provide the IC with
certification of the destruction thereof. The Licensee may not be granted
additional IC licenses if the final reporting requirement is not fulfilled.
 
 
 
 
 
 
 
 
 
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14.
GENERAL PROVISIONS
 
14.1 
Neither party may waive or release any of its rights or interests in this
Agreement except in writing. The failure of the Government to assert a right
hereunder or to insist upon compliance with any term or condition of this
Agreement shall not constitute a waiver of that right by the Government or
excuse a similar subsequent failure to perform any of these terms or conditions
by the Licensee.
 
14.2
This Agreement constitutes the entire agreement between the Parties relating to
the subject matter of the Licensed Patent Rights, Licensed Products and Licensed
Processes, and all prior negotiations, representations, agreements, and
understandings are merged into, extinguished by, and completely expressed by
this Agreement.
 
14.3
The provisions of this Agreement are severable, and in the event that any
provision of this Agreement shall be determined to be invalid or unenforceable
under any controlling body of law, this determination shall not in any way
affect the validity or enforceability of the remaining provisions of this
Agreement.
 
14.4
If either party desires a modification to this Agreement, the parties shall,
upon reasonable notice of the proposed modification by the party desiring the
change, confer in good faith to determine the desirability of the modification.
No modification shall be effective until a written amendment is signed by the
signatories to this Agreement or their designees.
 
14.5
The construction, validity, performance, and effect of this Agreement shall be
governed by Federal law as applied by the Federal courts in the District of
Columbia.
 
14.6
All Agreement notices required or permitted by this Agreement shall be given by
prepaid, first class, registered or certified mail or by an express/overnight
delivery service provided by a commercial carrier, properly addressed to the
other party at the address designated on the Signature Page, or to any other
address as may be designated in writing by such other party. Agreement notices
shall be considered timely if such notices are received on or before the
established deadline date or sent on or before the deadline date as verifiable
by U.S. Postal Service postmark or dated receipt from a commercial carrier.
Parties should request a legibly dated U.S. Postal Service postmark or obtain a
dated receipt from a commercial carrier or the U.S. Postal Service. Private
metered postmarks shall not be acceptable as proof of timely mailing.
 
14.7
This Agreement shall not be assigned or otherwise transferred (including any
transfer by legal process or by operation of law, and any transfer in bankruptcy
or insolvency, or in any other compulsory procedure or order of court) except to
the Licensee’s Affiliate(s) without the prior written consent of the IC, which
shall not be unreasonably withheld. The parties agree that the identity of the
parties is material to the formation of this Agreement and that the obligations
under this Agreement are nondelegable. In the event that the IC approves a
proposed assignment, the Licensee shall pay the IC, as an additional royalty,
[***] of the fair market value of any consideration received for any assignment
of this Agreement within [***] of the assignment.
 
 
 
 
 
 
 
 
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14.8
The Licensee agrees in its use of any IC-supplied materials to comply with all
applicable statutes, regulations, and guidelines, including NIH and HHS
regulations and guidelines. The Licensee agrees not to use the materials for
research involving human subjects or clinical trials in the United States
without complying with 21 C.F.R. Part 50 and 45 C.F.R. Part 46. The Licensee
agrees not to use the materials for research involving human subjects or
clinical trials outside of the United States without notifying the IC, in
writing, of the research or trials and complying with the applicable regulations
of the appropriate national control authorities. Written notification to the IC
of research involving human subjects or clinical trials outside of the United
States shall be given no later than [***] prior to commencement of the research
or trials.
 
14.9
The Licensee acknowledges that it is subject to and agrees to abide by the
United States laws and regulations (including the Export Administration Act of
1979 and Arms Export Control Act) controlling the export of technical data,
computer software, laboratory prototypes, biological materials, and other
commodities. The transfer of these items may require a license from the
appropriate agency of the Government or written assurances by the Licensee that
it shall not export these items to certain foreign countries without prior
approval of the agency. The IC neither represents that a license is or is not
required or that, if required, it shall be issued.
 
14.10
The Licensee agrees to mark the Licensed Products or their packaging sold in the
United States with all applicable U.S. patent numbers and similarly to indicate
“Patent Pending” status. All Licensed Products manufactured in, shipped to, or
sold in other countries shall be marked in a manner to preserve the IC patent
rights in those countries.
 
14.11
By entering into this Agreement, the IC does not directly or indirectly endorse
any product or service provided, or to be provided, by the Licensee whether
directly or indirectly related to this Agreement. The Licensee shall not state
or imply that this Agreement is an endorsement by the Government, the IC, any
other Government organizational unit, or any Government employee. Additionally,
the Licensee shall not use the names of the IC, NIH, FDA, HHS, or the Government
or their employees in any advertising, promotional, or sales literature without
the prior written approval of the IC.
 
14.12
The Parties agree to attempt to settle amicably any controversy or claim arising
under this Agreement or a breach of this Agreement, except for appeals of
modifications or termination decisions provided for in Article 13. The Licensee
agrees first to appeal any unsettled claims or controversies to the designated
IC official, or designee, whose decision shall be considered the final agency
decision. Thereafter, the Licensee may exercise any administrative or judicial
remedies that may be available.
 
14.13
Nothing relating to the grant of a license, nor the grant itself, shall be
construed to confer upon any person any immunity from or defenses under the
antitrust laws or from a charge of patent misuse, and the acquisition and use of
rights pursuant to 37 C.F.R. Part 404 shall not be immunized from the operation
of state or Federal law by reason of the source of the grant.
 
14.14
Paragraphs 8.1, 9.7-9.9, 12.1, 12.3-12.6, 13.8, 13.9, 14.12 and 14.14 of this
Agreement shall survive termination of this Agreement.
 
 
 
 
 
 
 
 
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14.15
The terms and conditions of this Agreement shall, at the IC’s sole option, be
considered by the IC to be withdrawn from the Licensee’s consideration and the
terms and conditions of this Agreement, and the Agreement itself to be null and
void, unless this Agreement is executed by the Licensee and a fully executed
original is received by the IC within sixty (60) days from the date of the IC
signature found at the Signature Page.
 
 
SIGNATURES BEGIN ON NEXT PAGE
 
 
 
 
 
 
 
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NIH PATENT LICENSE AGREEMENT NONEXCLUSIVE - SUBLICENSABLE
 
SIGNATURE PAGE
 
For the IC:
 
/s/ Richard U.
Rodriguez                                                                                      
September 21, 2018
Richard U. Rodriguez,
MBA                                                                                      
Date
Associate Director
Technology Transfer Center, National Cancer Institute
National Institutes of Health
 
Mailing Address or E-mail Address for Agreement notices and reports:
 
License Compliance and Administration
Monitoring & Enforcement
Office of Technology Transfer
National Institutes of Health
6011 Executive Boulevard, Suite 325
Rockville, Maryland  20852-3804 U.S.A.
 
E-mail: LicenseNotices_Reports@mail.nih.gov
 
For the Licensee (Upon, information and belief, the undersigned expressly
certifies or affirms that the contents of any statements of the Licensee made or
referred to in this document are truthful and accurate.):
 
by:
 
/s/ Bizuo (Tony)
Liu                                                                                      
October 2, 2018
Signature of Authorized
Official                                                                                      
Date
 
Bizuo (Tony ) Liu
Printed Name
 
Chief Executive Officer
Title
 
I.
Official and Mailing Address for Agreement notices:
 
Andy Chan                                                                       
 
Name
 
Secretary                                                                       
 
Title
 
 
 
 
 
 
 
 
 
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Mailing Address
 
19925 Stevens Creek Blvd., Suite
100                                                                       
Cupertino, CA
95014                                                                       
 
Email
Address:                                                                                         
andy.chan@cellbiomedgroup.com
 
Phone:                       
(949)
212-9772                                                                    
 
Fax:                      
 
 
 
II.
Official and Mailing Address for Financial notices (the Licensee’s contact
person for royalty payments)
 
Yun Ji                                                                    
Name
 
R&D Site
Director                                                                    
Title
 
Mailing Address:
 
209 Perry Parkway, Suite
13                                                                    
 
Gaithersburg, MD
20877                                                                    
 
 
 
 
 
Email
Address:                                                                                         
yun.ji@cellbiomedgroup.com
 
Phone:                       
(240)
505-8670                                                                    
 
Fax:                      
 
Any false or misleading statements made, presented, or submitted to the
Government, including any relevant omissions, under this Agreement and during
the course of negotiation of this Agreement are subject to all applicable civil
and criminal statutes including Federal statutes 31 U.S.C. §§3801-3812 (civil
liability) and 18 U.S.C. §1001 (criminal liability including fine(s) and/or
imprisonment).
 
 
 
 
 
 
 
 
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APPENDIX A – PATENT(S) OR PATENT APPLICATION(S)
 
Patent(s) or Patent Application(s):
 
[***]
 
 
 
 
 
 
 
 
 
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APPENDIX B – LICENSED FIELDS OF USE AND TERRITORY
 
I. 
Licensed Fields of Use:
 
(a)
Development, manufacture and commercialization of autologous, tumor-reactive
lymphocyte adoptive cell therapy products, isolated from tumor infiltrating
lymphocytes as claimed in the Licensed Patent Rights, for the treatment of
non-small cell lung, stomach, esophagus, colorectal, and head and neck cancer(s)
in humans.
 
 
 
II.
Licensed Territory:
 
(a)
Worldwide
 
 
 
 
 
 
 
 
 
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APPENDIX C – ROYALTIES
 
Royalties:
 
I.
The Licensee agrees to pay to the IC a non-creditable, non-refundable license
issue royalty in the amount of [***] from the effective date of this Agreement.
 
II.
The Licensee agrees to pay to the IC a non-refundable minimum annual royalty in
the amount of [***] as follows:
 
(a)
The first minimum annual royalty is due within [***] of the effective date of
this Agreement and may be prorated according to the fraction of the calendar
year remaining between the effective date of this Agreement and the next
subsequent January 1; and
 
(b)
Subsequent minimum annual royalty payments are due and payable on January 1 of
each calendar year and may be credited against any earned royalties due for
sales made in that year.
 
III.
The Licensee agrees to pay the IC earned royalties of [***] on Net Sales by or
on behalf of the Licensee or its sublicensee(s), subject to the following
adjustment:
 
(a)
[***]
 
IV.
The Licensee agrees to pay the IC Benchmark royalties within [***] of achieving
each Benchmark:
 
[***]
 
 
 
V.
The Licensee agrees to pay the IC additional sublicense royalties of [***] on
the fair market value of any consideration received for granting each sublicense
within [***] of the execution of each sublicense.
 
 
 
 
 
 
 
 
 
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APPENDIX D – BENCHMARKS AND PERFORMANCE
 
The Licensee agrees to use commercially reasonable efforts to meet the following
Benchmarks for its performance under this Agreement and, within [***] of
achieving a Benchmark, shall notify the IC that the Benchmark has been achieved.
 
 
 
 
 
 
 
 
 
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[***]
 
 
 
 
 
 
 
 
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APPENDIX E – COMMERCIAL DEVELOPMENT PLAN
 
The Licensee is developing autologous, tumor infiltrating lymphocyte (TIL)-based
adoptive cell therapy products reactive to neoantigens for the treatment of
cancer. The Licensee has an existing GMP manufacturing facility with sufficient
capacity to produce a variety of cell therapy products for approximately 20,000
patients per year. Plans and funding are available to reconfigure part of the
facility for TIL isolation, characterization and expansion. Product development
activities will follow three principal aims. In the first aim, the Licensee will
identify biomarkers which are predictive of positive patient response to TIL
therapy. [***]
 
 
 
 
 
 
 
 
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APPENDIX F – EXAMPLE ROYALTY REPORT
 
Required royalty report information includes:
 
● 
License reference number (L-XXX-200X/0)
● 
Reporting period
● 
Catalog number and units sold of each Licensed Product (domestic and foreign)
● 
Gross Sales per catalog number per country
● 
Total Gross Sales
● 
Itemized deductions from Gross Sales
● 
Total Net Sales
● 
Earned Royalty Rate and associated calculations
● 
Gross Earned Royalty
● 
Adjustments for Minimum Annual Royalty (MAR) and other creditable payments made
● 
Net Earned Royalty due
 
Example
Catalog Number
Product Name
Country
Units Sold
Gross Sales (US$)
1
A
US
250
62,500
1
A
UK
32
16,500
1
A
France
25
15,625
2
B
US
0
0
3
C
US
57
57,125
4
D
US
12
1,500

Total Gross Sales153,250
Less Deductions:
Freight  3,000
Returns  7,000
Total Net Sales  143,250
 
Royalty Rate  8%
Royalty Due11,460
Less Creditable Payments10,000
Net Royalty Due  1,460
 
 
 
 
 
 
 
 
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APPENDIX G – ROYALTY PAYMENT OPTIONS
New Payment Options Effective March 2018
 
The License Number MUST appear on payments, reports and correspondence.
 
Credit and Debit Card Payments: Credit and debit card payments can be submitted
for amounts up to $24,999. Submit your payment through the U.S. Treasury web
site located at: https://www.pay.gov/public/form/start/28680443.
 
Automated Clearing House (ACH) for payments through U.S. banks only
 
The IC encourages its licensees to submit electronic funds transfer payments
through the Automated Clearing House (ACH). Submit your ACH payment through the
U.S. Treasury web site located at:
https://www.pay.gov/public/form/startJ28680443. Please note that the IC "only"
accepts ACH payments through this U.S. Treasury web site.
 
Electronic Funds Wire Transfers: The following account information is provided
for wire payments. In order to process payment via Electronic Funds Wire
Transfer sender MUST supply the following information within the transmission:
 
Drawn on a U.S. bank account via FEDWIRE:
 
Please provide the following instructions to your Financial Institution for the
remittance of Fedwire payments to the NIH ROYALTY FUND.
 
Fedwire Field Tag
Fedwire Field Name
Required Information
 
{1510}
Type/Subtype
1000
{2000}
Amount
(enter payment amount)
{3400}
Receiver ABA routing number*
02103004
{3400}
Receiver ABA short name
TREAS NYC
{3600}
Business Function Code
CTR (or CTP)
{4200}
Beneficiary Identifier (account number)
(enter 12 digit gateway account #)
875080031006
{4200}
Beneficiary Name
(enter agency name associated with the Beneficiary Identifier)
DHHS / NIH (75080031)
{5000}
Originator
(enter the name of the originator of the payment)
COMPANY NAME
{6000}
Originator to Beneficiary Information – Line 1
(enter information to identify the purpose of the payment)
ROYALTY
{6000}
Originator to Beneficiary Information – Line 2
(enter information to identify the purpose of the payment)
LICENSE NUMBER
{6000}
Originator to Beneficiary Information – Line 3
(enter information to identify the purpose of the payment)
INVOICE NUMBER
{6000}
Originator to Beneficiary Information – Line 4
(enter information to identify the purpose of the payment)
Notes: *The financial institution address for Treasury’s routing number is 33
Liberty Street, New York, NY 10045.

 
Agency Contacts: Office of Technology Transfer (OTT) (301) 496-7057
OTT-Royalties@mail.nih.gov
 
Drawn on a foreign bank account via FEDWIRE:
 
The following instructions pertain to the Fedwire Network. Deposits made in US
Dollars (USD).
 
Should your remitter utilize a correspondent US domestic bank in transferring
electronic funds, the following Fedwire instructions are applicable.
 
Fedwire Field Tag
Fedwire Field Name
Required Information
 
{1510}
Type/Subtype
1000
{2000}
Amount
(enter payment amount)
{3100}
Sender Bank ABA routing number
(enter the US correspondent bank’s ABA routing number)
{3400}
Receiver ABA routing number*
02103004
{3400}
Receiver ABA short name
TREAS NYC
{3600}
Business Function Code
CTR (or CTP)
{4200}
Beneficiary Identifier (account number)**
(enter 12 digit gateway account #)
875080031006
{4200}
Beneficiary Name
(enter agency name associated with the Beneficiary Identifier)
DHHS / NIH (75080031)
{5000}
Originator
(enter the name of the originator of the payment)
COMPANY’S NAME
{6000}
Originator to Beneficiary Information – Line 1
(enter information to identify the purpose of the payment)
ROYALTY
{6000}
Originator to Beneficiary Information – Line 2
(enter information to identify the purpose of the payment)
LICENSE NUMBER
{6000}
Originator to Beneficiary Information – Line 3
(enter information to identify the purpose of the payment)
INVOICE NUMBER
{6000}
Originator to Beneficiary Information – Line 4
(enter information to identify the purpose of the payment)
Notes: *The financial institution address for Treasury’s routing number is 33
Liberty Street, New York, NY 10045.
**Anything other than the 12 digit gateway account # will cause the Fedwire to
be returned – SWIFT CODE: FRNYUS33

 
 
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Agency Contacts:
 
Office of Technology Transfer
(OTT)                                                                                 
(301) 496-7057                                       
OTT-Royalties@mail.nih.gov
 
Checks
 
All checks should be made payable to “NIH Patent Licensing”
 
Checks drawn on a U.S. bank account and sent by US Postal Service should be sent
directly to the following address:
 
National Institutes of Health
P.O. Box 979071
St. Louis, MO 63197-9000
 
Checks drawn on a U.S. bank account and sent by overnight or courier should be
sent to the following address:
 
US Bank
Government Lockbox SL-MO-C2GL
1005 Convention Plaza
St. Louis, MO 63101
Phone: 314-418-4087
 
Checks drawn on a foreign bank account should be sent directly to the following
address:
 
National Institutes of Health
Office of Technology Transfer
License Compliance and Administration
Royalty Administration
6011 Executive Boulevard
Suite 325, MSC 7660
Rockville, Maryland 20852
 
 
 
 
 
 
 
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