Exhibit 10.15


 


Pursuant to Item 601(b)(10)(iv) of Regulation S-K, certain identified information
marked with [*****] has been excluded from the exhibit because it is both (i) not material and (ii) would be competitively harmful
if publicly disclosed.


 


Second Amendment to Exclusive License
Agreement between Emory University (“Emory”), Children’s Healthcare of Atlanta, Inc. (“CHOA”), The
UAB Research Foundation (“UABRF”) and Incysus , Ltd. 


 


This Second Amendment
to Exclusive License Agreement (this “Second Amendment”) is made effective as of the date of the last signature
of the Parties (as evidenced below their signatures on the signature page) (the “Second Amendment Effective Date”)
by and between Emory University, Children’s Healthcare of Atlanta, Inc., The UAB Research Foundation (hereinafter together
the “LICENSOR”) and Incysus Therapeutics, Inc. (“COMPANY”). COMPANY and Licensor may be each
individually referred to as a party and collectively, the parties (“Party” or “Parties”).


 


RECITALS


 


WHEREAS, Licensor and
Incysus, Ltd. previously entered into that certain Exclusive License Agreement dated effective as of June 10th, 2016
(“Agreement”), as amended on October 7th, 2017;


 


WHEREAS, on May 7,
2018, Incysus, Ltd. changed its name and incorporation to Incysus Therapeutics, Inc. in the State of Delaware; and


 


WHEREAS, the Parties
wish to amend the Agreement to replace Incysus, Ltd with Incysus Therapeutics, Inc. as a party to the Agreement, to reflect Incysus’
new corporate information in the Agreement, to modify Section 15.12 and to revise the license maintenance fees under Appendix G
of the Agreement.


 


NOW, THEREFORE, for
good and valuable consideration, the Parties agree to amend the Agreement as follows:


 


AGREEMENT


 


1.       All
capitalized terms used herein shall bear the meaning ascribed to them in Article 1, DEFINITIONS of the Agreement unless otherwise
defined herein.


 


2.       Incysus
Therapeutics, Inc., or any other name by which Incysus Therapeutics, Inc. may be titled, having a place of business at 79 Madison
Avenue, New York, NY 10016, shall replace Incysus, Ltd. as a party to the Original Agreement.


 






    1.


     


    

 


3.       Delete
Section 15.12 in its entirety and replace with the following:


 


Section 15.12 Force Majeure.
No Party shall be liable or responsible to the other Party, nor be deemed to have defaulted under or breached this Agreement,
for any failure or delay in fulfilling or performing any term of this Agreement (except for any obligations to make
previously owed payments to the other Party hereunder) when and to the extent such failure or delay is caused by or results
from acts beyond the impacted Party’s (“Impacted Party”) reasonable control, including, without
limitation, the following force majeure events (“Force Majeure Event(s)”) that frustrates the purpose of
this Agreement: (a) acts of God; (b) flood, fire, earthquake or explosion; (c) war, invasion, hostilities (whether war is
declared or not), terrorist threats or acts, riot or other civil unrest; (d) government order or law; (e) actions, embargoes
or blockades in effect on or after the date of this Agreement; (f) action by any governmental authority; (g) national or
regional emergency; (h) strikes, labor stoppages or slowdowns or other industrial disturbances; (i) epidemic, pandemic or
similar influenza or bacterial infection (which is defined by the United States Center for Disease Control as virulent human
influenza or infection that may cause global outbreak, or pandemic, or serious illness); (j) emergency state; (k) shortage of
adequate medical supplies and equipment; (l) shortage of power or transportation facilities; and (m) other similar events
beyond the reasonable control of the Impacted Party.


 


The Impacted Party
shall provide the other Party with written notice of a Force Majeure Event within [*****] after the Impacted Party, acting in good
faith and using reasonable diligence, reasonably determines that a Force Majeure Event will impact its operations to the extent
that its performance under this Agreement will be delayed or frustrated, including with such notice the Impacted Party’s
reasonable estimate of the duration of the Force Majeure Event and the expected time of performance by the Impacted Party, if any.
The Impacted Party shall use diligent efforts to end the failure or delay and ensure the effects of such Force Majeure Event are
minimized and shall resume its performance under the Agreement as soon as reasonably practicable after the removal of the cause
of the Force Majeure Event. In addition to such other rights and remedies as may be available to Licensor, if Company is the Impacted
Party, Licensor shall have the right to immediately terminate this Agreement by providing written notice thereof to Licensor if
any Force Majeure Event continues, or is expected to continue, for more than [*****].


 


4.       Replace
APPENDIX G, LICENSE MAINTENANCE FEES. in its entirety with the following:


 


APPENDIX G


 


LICENSE MAINTENANCE FEES


 


	Effective Date Anniversary	License Maintenance Fee
	78th Month Anniversary (December 10, 2022)	$250,000
	90th Month Anniversary (December 10, 2023)	$500,000
	Eighth and Each Subsequent Anniversary	$1,000,000


 


5.       All
other terms and conditions of the Agreement shall remain in full force and effect.


 






    2.


     


    

 





IN WITNESS WHEREOF, Emory and Company have
each caused its duly authorized representative to execute this Second Amendment, effective as of the date written above.


 


	EMORY:	 	COMPANY:
	Emory
    University	 	Incysus Therapeutics, Inc.
		 	 
	By:	/s/
    Authorized Signatory 	 	By:	/s/
    William Ho
	 	 	Name:
    William Ho
	 	 	Title:
    President & CEO


 


	Date Signed:	 07/14/20	 	Date Signed: 	07/14/20


 


	CHILDREN’S HEALTHCARE OF ATLANTA, INC.:	 
	 	 
	By:	/s/ Authorized Signatory	 




 


	Date Signed:	07/14/20	 




 


	THE UAB RESEARCH FOUNDATION:
	 
	By:	 /s/ Authorized Signatory	 




 


	Date Signed:	 07/14/20	 




 



    3.