Exhibit 10.37

 

SIXTH AMENDMENT TO
PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS

 

THIS SIXTH AMENDMENT TO PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS (“Amendment”)
is entered into at San Diego, California as of May 27, 2003 between H. G. FENTON
COMPANY, a California corporation which acquired title as H. G. Fenton Material
Company (“Seller”), and BIOSITE INCORPORATED, a Delaware corporation (“Buyer”),
with reference to the following

 

R E C I T A L S:

 

A.                                   Seller and Buyer are the parties to a
Purchase Agreement and Escrow Instructions dated as of December 7, 2001 and
previously amended as of February 12, February 14, June 10, 2002, and January 24
and April 25, 2003 (“Agreement”), relating to certain real property in the
Carroll Canyon area of San Diego, California as depicted on Exhibit A to the
Agreement (“Land”). Initially capitalized terms not otherwise defined in this
Amendment have the same meanings as in the Agreement, as previously amended.
Pursuant to the Agreement, the parties have established Escrow No. 51943-PM with
Stewart Title of California, Inc. as Escrow Holder.

 

B.                                     The parties wish to extend the date for
the First Closing from May 29 to June 17, 2003.

 

THE PARTIES AGREE:

 

1.                                       First Closing.  The First Closing,
i.e., the closing for Lots 7 & 8, shall take place on or before June 17, 2003,
without the need for further notice from Seller.

 

2.                                       Other Matters of Agreement.

 

(a)                                  This Amendment may be executed in any
number of counterparts, each of which will be deemed to be an original, but all
of which together will constitute one instrument.

 

(B)                                 EXCEPT TO THE EXTENT MODIFIED HEREBY, ALL
PROVISIONS OF THE AGREEMENT AS PREVIOUSLY AMENDED SHALL REMAIN IN FULL FORCE AND
EFFECT.

 

 

Seller:

Buyer:

 

 

H. G. FENTON COMPANY, a California
corporation

BIOSITE INCORPORATED, a Delaware
corporation

 

 

 

 

By:

 /s/ Michael P. Neal

 

By:

/s/ Michael Dunbar

 

Its:

 President and CEO

 

Its:

Director of Facilities

 

 

 

 

 

By:

 /s/ Allen Jones

 

By:

 

 

Its:

 Vice President

 

Its:

 

 

 

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