Exhibit 10.2

 

CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH
“[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE
SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION
REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 PROMULGATED UNDER THE
SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

 

FOURTH AMENDMENT TO

SERVICES AGREEMENT

 

This Fourth Amendment to Services Agreement (this “Amendment”) is made and
entered into as of November 19, 2016 by and between Vericel Corporation
(“Client” or “Vericel”) and Dohmen Life Science Services, LLC (“DLSS”).

 

Client and DLSS are parties to that certain Services Agreement dated April 5,
2016 (the “Original Agreement”), as amended by (i) that certain First Amendment
to Services Agreement dated as of May 31, 2016, and (ii) that certain Second
Amendment to Services Agreement dated as of July 1, 2016, and (iii) that certain
Third Amendment to Services Agreement dated as of October 12, 2016 (each
amendment, collectively with the Original Agreement, the “Agreement”).  The
parties now wish to amend the Agreement as follows:

 

1.              Defined Terms.  Capitalized terms in this Amendment that are not
defined in this Amendment have the meanings given to them in the Agreement.  If
there is any conflict between the Agreement and any provision of this Amendment,
this Amendment will control.

 

2.              Exclusivity.  Notwithstanding Section 4(a)(vi) of the Agreement,
DLSS agrees that Client may contract with Vital Care, Inc. (“VitalCare”) to
provide data reporting services to Client and to purchase, bill and collect for
the Product in connection with the payers listed on Exhibit A attached hereto
(the “VitalCare Payers”).

 

3.              Development of Plan — VitalCare.  DLSS and Client shall endeavor
in good faith to jointly develop the process and procedures for (i) [***]
(ii) [***] (iii) [***] and (iv) such other items as mutually agreed upon by DLSS
and Client.  Client hereby agrees to cause VitalCare to cooperate with DLSS in
accordance with the jointly developed process and procedures.

 

4.              Authorization and Consent Forms.  DLSS and Client agree to work
cooperatively to amend each authorization and consent form relating to the
Program such that each form applies to and covers the billing and collection
activities to be performed by VitalCare.

 

5.              Confidentiality.  DLSS agrees that all data, information and
reports received from VitalCare related to Client and any other information
relating to the billing and collection activities and data reporting services to
be performed by VitalCare for Client is hereby deemed to be Client’s
Confidential Information and shall be treated by DLSS as such in accordance with
the terms and conditions set forth in the Agreement.

 

6.              No Other Changes.  This Amendment, together with the Agreement,
constitutes the entire agreement between the parties and supersedes all prior or
contemporaneous discussions, negotiations, representations, warranties, or
agreements relating to the subject matter hereof.  All other terms and
conditions contained in the Agreement will remain in full force and effect.  In
the event of any conflict between the Agreement and this Amendment, the terms of

 

1

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CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH
“[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE
SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION
REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 PROMULGATED UNDER THE
SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

 

this Amendment shall prevail, and the Agreement shall be deemed amended to
incorporate the provisions contained herein.

 

IN WITNESS WHEREOF, the parties hereto have executed this Amendment by their
duly authorized representatives as of the first date set forth above.

 

DOHMEN LIFE SCIENCE SERVICES, LLC

 

VERICEL CORPORATION

 

 

 

By:

/s/ Joe Nolan

 

By:

/s/ Nick Colangelo

 

 

 

 

 

Name:

Joe Nolan

 

Name:

Nick Colangelo

 

 

 

 

 

Title:

President DLSS

 

Title:

President & CEO

 

 

 

 

2

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CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH
“[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE
SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION
REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 PROMULGATED UNDER THE
SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

 

EXHIBIT A

 

VitalCare Payers

 

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

[***]

3

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CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH
“[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE
SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION
REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 PROMULGATED UNDER THE
SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

 

The VitalCare Payers set forth in this Exhibit A may be changed at any time by
Client as follows: (a) to add a new payer, upon mutual agreement by Client and
DLSS, and (b) to delete a current VitalCare Payer, as determined in the sole
discretion of Client, upon thirty (30) days prior written notice to DLSS.

 

4

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