EXECUTED

 

FIRST AMENDMENT TO LICENSE AGREEMENT

 

This First Amendment to the License Agreement (“Amendment #1”) by and between
Biotest Aktiengesellschaft, a corporation organized under the laws of Germany
("Biotest"), and ADMA Biologics, Inc., a Delaware corporation ("ADMA"), is
effective as of June 6, 2017 (“Effective Date”). ADMA and Biotest are also
referred to herein individually as a “Party” and collectively as the “Parties”.

 

WHEREAS, Biotest and ADMA are parties to that certain License Agreement, with an
effective date of December 31, 2012 (the “Agreement”); and

 

WHEREAS, Biotest and ADMA desire to amend the Agreement in order to memorialize
the amendment of certain provisions.

 

NOW, THEREFORE, in consideration of the respective promises contained herein and
other valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intending to be legally bound hereby, the Parties hereto agree
as follows:

 

Amendment:

 

1.The Agreement is hereby amended such that Section 4.01(e) thereof is deleted
in its entirety and, as such, shall have no force or effect. For avoidance of
doubt, there is no obligation on the part of any Party to execute a subsequent
agreement granting to ADMA exclusive rights to market, sell and distribute
Biotest’s Varicella Zoster Immune Globulin in the US or Canada.

 

Miscellaneous:

 

Except as expressly provided herein, all terms and conditions set forth in the
Agreement remain unchanged and continue in full force and effect. For avoidance
of doubt, Biotest will retain the rights to Commercialization, as defined in the
Agreement, to RI-002 for the territories described in Exhibit A to the Agreement
in accordance with the terms and conditions of the Agreement. This Amendment #1
shall govern in the event of any conflict between this Amendment #1 and the
Agreement. It is agreed by the Parties that all references to the Agreement
hereafter made in any document or instrument delivered pursuant to or in
connection with the Agreement shall be deemed to refer to the Agreement, as
amended hereby.

 

This Amendment #1 and the Agreement embody the entire agreement and
understanding between the Parties hereto with respect to the subject matter
hereof and supersede all prior agreements and understandings relating to the
subject matter hereof.

 

This Amendment #1 may be executed in any number of counterparts, each of which
shall be deemed an original but all of which together shall constitute one and
the same single document, and any such counterpart containing an electronically
scanned or facsimile signature will have the same effect as original manual
signatures.

 

The Parties agree that they and their employees shall execute all documents and
do all other things necessary to carry out the intent to implement the
provisions of this Amendment #1.

 

Page 1 of 1

 

IN WITNESS WHEREOF, the Parties hereby have caused this Amendment #1 to the
Agreement to be executed, and the persons signing below warrant that they are
duly authorized to sign for and on behalf of their respective Parties.

 

ADMA Biologics, Inc.

 

By: /s/ Adam Grossman

Name: Adam Grossman

Title: Presdient and Chieft Exective Officer

Date: June 6, 2017

 

 

[Signature page to 1st Amendment to RSV immunoglobulin License Agreement]

 

 

IN WITNESS WHEREOF, the Parties hereby have caused this Amendment #1 to the
Agreement to be executed, and the persons signing below warrant that they are
duly authorized to sign for and on behalf of their respective Parties.

 

Biotest Aktiengesellschaft

 

By: /s/ Benhard Ehmer

Name: Benhard Ehmer

Title: Chief Exective Officer

Date: June 5th, 2017

 

By: /s/ Michael Ramroth

Name Michael Ramroth

Title: Chief Financial Officer

Date: June 5th, 2017

 

 

[Signature page to 1st Amendment to RSV immunoglobulin License Agreement]