Document:

Exhibit 10.3

                                SEVENTH AMENDMENT

      THIS SEVENTH AMENDMENT ("Agreement") is dated as of August 21, 2003
between Fleet Capital Corporation ("Lender") and Willey Brothers, Inc.
("Borrower") and BrandPartners Group, Inc. ("Guarantor") (Borrower and Guarantor
are at times referred to herein as "Obligor").

                                    RECITALS

      WHEREAS, Borrower is engaged in the business of providing fixture sales,
creative services, branch planning and development to the financial services
industry, and related businesses;

      WHEREAS, Guarantor owns all or substantially all of the stock of Borrower,
and would directly benefit and gain from any accommodation made by Lender to
Borrower;

      WHEREAS, Lender has extended certain credit facilities to Borrower
including pursuant to that certain Loan and Security Agreement dated January 11,
2001 (the "Loan Agreement"), including as amended by that certain Amendment and
Waiver dated May 21, 2001 (the "First Amendment"), that certain Second Amendment
and Waiver Agreement dated October 22, 2001 (the "Second Amendment"), that
certain Third Amendment and Waiver Agreement dated March 29, 2002 (the "Third
Amendment"), that certain Fourth Amendment dated as of September 25, 2002 (the
"Fourth Amendment"), that certain Fifth Amendment dated as of December 20, 2002
(as amended by that certain letter agreement dated February 12, 2003, the "Fifth
Amendment") and that certain Sixth Amendment dated as of March 18, 2003 (the
"Sixth Amendment') and, as collateral security therefor, Borrower has granted to
Lender liens on and security interests in all or substantially all of its real
and personal property (collectively, the "Collateral");

      WHEREAS, Guarantor has unconditionally and fully guarantied the full
payment and performance of all of Borrower's obligations to Lender;

      WHEREAS, Borrower has requested that the Lender amend the Loan Agreement
in certain respects as specified herein, and Guarantor has joined in Borrower's
request; and

      WHEREAS, Lender is willing to amend certain provisions of the Loan
Agreement, but only on the terms and conditions set forth in this Agreement;

      NOW, THEREFORE, based on these premises, and in consideration of the
mutual promises contained herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Borrower, Guarantor
and Lender hereby agree as follows:

      1. Accuracy of Recitals. Borrower and Guarantor acknowledge and agree that
the foregoing Recitals are true and accurate.

      2. Definitions. Capitalized terms not otherwise defined herein shall be as
defined in the Loan Agreement.

                                       1
<PAGE>

      3. Acknowledgment of Obligations.

            3.1. By Borrower. Borrower hereby acknowledges that it is
unconditionally liable to Lender for the full payment of each of the obligations
set forth at Schedule A hereto and incorporated herein by reference, plus all
charges that may arise under the various documents executed or delivered by
Borrower evidencing or relating to such obligations including, without
limitation, the Loan Agreement, as amended by the First Amendment, the Second
Amendment, the Third Amendment, the Fourth Amendment and the Fifth Amendment
(collectively, the "Financing Documents"), plus all attorneys' fees and costs of
collection incurred in connection with such obligations by Lender (hereinafter
all such obligations are referred to as the "Obligations"), and that, as of the
date hereof, Borrower has no defenses, counterclaims or set-offs with respect to
the full and immediate payment of any or all Obligations.

            3.2. By Guarantor. Guarantor hereby acknowledges that it is
unconditionally liable to Lender for the full payment of all Obligations, and
that, as of the date hereof, Guarantor has no defenses, counterclaims or
set-offs with respect to full and immediate payment of any or all Obligations.

      4. Revolving Credit Loans. Lender agrees to continue to make Revolving
Credit Loans up to but not to exceed $6,000,000 subject to the terms and
conditions of the Loan Agreement, as amended.

      5. Permanent Reduction of Term Loan. Notwithstanding anything contained in
the Loan Agreement to the contrary, commencing on August 25, 2003 and continuing
on each Monday thereafter through and including the Termination Date, Borrower
shall pay $20,000 to Lender in immediately available funds as a mandatory
prepayment and permanent reduction of the Term Loan. All amounts paid by
Borrower to Lender in accordance with this Section and Section 9(c) below may
not be re-borrowed.

      6. Amendment Fee. Borrower acknowledges that, pursuant to the Third
Amendment as amended by the Fourth Amendment and Fifth Amendment, Borrower
remains liable to the Lender for the outstanding balance of the fully earned
amendment fee in the amount of $580,000 (the "Amendment Fee"). Such Amendment
Fee shall be payable by Borrower to Lender September 29, 2003.

      7. Amendment to Loan Agreement. Section 4.1 of the Loan Agreement is
deleted in its entirety and replaced with the following:

      "Term of Agreement. Subject to Lender's right to cease making Loans to
      Borrower upon or after the occurrence of any Default or Event of Default,
      this Agreement shall be in effect through and including September 29, 2003
      (the "Original Term") or unless terminated as provided in Section 4.2
      hereof (such final date being the "Termination Date")."

                                       2
<PAGE>

      8. Covenants. Notwithstanding anything to the contrary contained in the
Loan Agreement or the Financing Documents, from and after the date hereof,
Borrower covenants that:

            8.1. Minimum Availability. Borrower, at all times, shall maintain
availability of not less than $300,000. "Availability" means $6,000,000 minus
(a) the amount of outstanding Revolving Credit Loans, and (b) Reserves (as
defined and determined pursuant to Section 1.1.1 of the Loan Agreement).

            8.2. Subordinated Debt Payments. From and after the date hereof, the
Obligor agrees that effective as of the date of this Agreement and continuing
through and until all of the Obligations are repaid in full in cash (including,
without limitation, all Lender's fees and expenses), the Obligor shall not make
any payments of principal and/or interest on account of the Seller Notes, the
Earn-Out (as defined in the Purchase Documents), the Subordinated Notes and/or
Management Fees.

            8.3. Overadvances. From and after the date hereof, Borrower shall
not request and the Lender shall have no obligation to make any Overadvance and
Borrower shall not permit any Overadvance to be outstanding. Failure to comply
with the foregoing shall constitute an Event of Default under this Agreement and
the Financing Documents without any notice or grace whatsoever.

      9. Conditions Precedent. Lender's obligation to enter into this Agreement
and perform its obligations hereunder is subject to the condition precedent that
the Lender shall have received the following documents and other items,
satisfactory to Lender, duly executed where appropriate by authorized
representatives of Borrower (notwithstanding the foregoing, Lender immediately
shall be entitled and shall continue to be entitled to any and all benefits of
this Agreement):

      (a)   this Agreement; and

      (b)   evidence that the execution, delivery and performance of this
            Agreement by Borrower has been duly authorized by all necessary
            corporate action.

      10. Covenants, Representations and Warranties. Obligor hereby makes the
following covenants, representations and warranties:

            10.1. Authority. Obligor is duly organized, validly existing, and
in good standing under the laws of the jurisdiction of its incorporation and in
each jurisdiction where Obligor is required to be qualified to do business.
Obligor is duly authorized to enter into, and perform its obligations under,
this Agreement and the agreements, instruments and documents contemplated
hereby. The execution, delivery and performance by Obligor of this Agreement
will not violate Obligor's charter or bylaws, any law or any provision of, nor
are there any grounds for acceleration under, any agreement, note, or instrument
which is binding upon Obligor.

                                       3
<PAGE>

            10.2. No Misrepresentations. Without limiting any rights or
remedies Lender may have under law or in equity, Obligor agrees that all
statements and information provided by Obligor to Lender pursuant to, or in
connection with, this Agreement or the negotiations leading to this Agreement,
have been and are true, complete and correct in all material respects, and none
of the same contain any omissions of any fact or matter necessary to keep the
statements and information therein from being misleading.

            10.3. Indemnity. Without limiting any rights or remedies Lender may
have under law or in equity, Obligor agrees to indemnify and hold Lender
harmless from and against any and all losses, debts, damages, liabilities,
claims, demands, actions, causes of action, lawsuits, penalties, judgments,
costs and expenses (including, without limitation, attorneys' fees of counsel of
Lender's choice), of every nature and description, which Lender may sustain or
incur, based upon, arising out of, or in any way relating to this Agreement
and/or any of the other Financing Documents.

      11. Release of Claims.

            11.1. By Borrower. Borrower hereby releases, waives and forever
relinquishes all claims, demands, obligations, liabilities and causes of action
of whatever kind or nature, whether known or unknown, which it has, may have, or
might assert now or in the future against Lender and/or its participants,
officers, directors, employees, agents, attorneys, accountants, consultants,
successors and assigns, directly or indirectly, arising out of, based upon, or
in any manner connected with (i) any transaction, event, circumstance, action,
failure to act or occurrence of any sort or type, whether known or unknown,
prior to the execution of this Agreement with respect to the Obligations, the
Financing Documents and/or the administration thereof or the obligations created
thereby; (ii) any discussions, commitments, negotiations, conversations or
communications with respect to the refinancing, restructuring or collection of
any Obligations prior to the execution of this Agreement; or (iii) any thing or
matter related to any of the foregoing. The inclusion of this paragraph in this
Agreement, and the execution of this Agreement by Lender, does not constitute an
acknowledgment or admission by any Lender of liability for any matter, or a
precedent upon which liability may be asserted.

            11.2. By Guarantor. Guarantor hereby releases, waives and forever
relinquishes all claims, demands, obligations, liabilities and causes of action
of whatever kind or nature, whether known or unknown, which it has, may have, or
might assert now or in the future against Lender and/or its participants,
officers, directors, employees, agents, attorneys, accountants, consultants,
successors and assigns, directly or indirectly, arising out of, based upon, or
in any manner connected with (i) any transaction, event, circumstance, action,
failure to act or occurrence of any sort or type, whether known or unknown,
prior to the execution of this Agreement with respect to the Obligations, the
Financing Documents and/or the administration thereof or the obligations created
thereby; (ii) any discussions, commitments, negotiations, conversations or
communications with respect to the refinancing, restructuring or collection of
any Obligations prior to the execution of this Agreement; or (iii) any thing or
matter related to any of the foregoing. The inclusion of this paragraph in this
Agreement, and the execution of this Agreement by Lender, does not constitute an
acknowledgment or admission by any Lender of liability for any matter, or a
precedent upon which liability may be asserted.

                                       4
<PAGE>

      12. General Provisions.

            12.1. Integration; Amendment; Waivers. This Agreement and the
Financing Documents set forth in full all of the terms of the agreement between
the parties and are intended as the full, complete and exclusive contract
governing the relationship between the parties, superseding all other
discussions, promises, representations, warranties, agreements and the
understandings between the parties with respect thereto. Borrower agrees that
the failure of any Obligor in the performance of any terms or conditions of this
Agreement shall constitute an Event of Default under the Financing Documents
(with no notice or grace whatsoever, notwithstanding anything to the contrary in
the Financing Documents). Obligor acknowledges and agrees that each and every
Event of Default shall be of equal weight and significance, and equally and
fully shall allow Lender to exercise its rights and remedies hereunder. Obligor
acknowledges and agrees that each such Event of Default has been a material
inducement for Lender to enter into this Agreement and that Lender would be
irreparably harmed if Lender, in any way, were unable to exercise its rights and
remedies on the basis that certain Events of Default (for example, Events of
Default not relating to payment) were of less weight or significance than
certain other Events of Default (for example, Events of Default relating to
payment). No term of this Agreement or the Financing Documents may be modified
or amended, nor may any rights thereunder be waived, except in a writing signed
by the party against whom enforcement of the modification, amendment or waiver
is sought. Any waiver of any condition in, or breach of, any of the foregoing in
a particular instance shall not operate as a waiver of other or subsequent
conditions or breaches of the same or a different kind. Lender's exercise or
failure to exercise any rights under any of the foregoing in a particular
instance shall not operate as a waiver of its right to exercise the same or
different rights in subsequent instances. Except as expressly provided to the
contrary in this Agreement, or in another written agreement, all the terms,
conditions, and provisions of the Financing Documents shall continue in full
force and effect. If in this Agreement's description of an agreement between the
parties, rights and remedies of Lender or obligations of Borrower are described
which also exist under the terms of the other Financing Documents, the fact that
this Agreement may omit or contain a briefer description of any rights, remedies
and obligations shall not be deemed to limit any of such rights, remedies and
obligations contained in the other Financing Documents. In the event that there
shall be any inconsistency between any provisions of this Agreement and a
provision set forth in any other Financing Document, the provision most
favorable to Lender and the most restrictive as to Obligor shall govern.

            12.2. Payment of Expenses. Without limiting the terms of the
Financing Documents, Borrower shall pay all costs and expenses incurred by or on
behalf of Lender (including reasonable attorneys' fees and expenses) arising
under or in connection with this Agreement or the Financing Documents, including
without limitation, in connection with (i) the negotiation, preparation,
execution and delivery of this Agreement and the Financing Documents, and any
and all consents, waivers or other documents or instruments relating thereto,
(ii) the filing and recording of any Financing Documents and any other documents
or instruments or further assurances filed or recorded in connection with any
Loan Document, (iii) any other action required in the course of administration
hereof, including, but not limited to, all fees and expenses arising out of any
audits, appraisals, and inspections, and (iv) the defense or enforcement of the
Financing Documents, whether or not there is any litigation between the

                                       5
<PAGE>

parties. All costs and expenses shall be added to the Obligations, as Lender
shall determine, and shall earn interest at the highest rate provided for under
the Financing Documents.

            12.3. No Third Party Beneficiaries. This Agreement does not create,
and shall not be construed as creating, any rights enforceable by any person not
a party to this Agreement.

            12.4. Reference to "Obligor." All references to "Obligor" in this
Agreement shall mean each and all Obligors (whether Obligor is a natural person
or a legal entity, and regardless of the use of the word "it" or similar term to
refer to Obligor), except where the context otherwise requires. Each promise,
agreement, representation, warranty and covenant made by Obligor herein is made
and given by each Obligor, jointly and severally, and all rights of Obligor
hereunder are enjoyed with respect to each Obligor, except as expressly set
forth herein.

            12.5. Separability. If any provision of this Agreement is held by a
court of competent jurisdiction to be invalid, illegal or unenforceable, the
remaining provisions of this Agreement shall nevertheless remain in full force
and effect.

            12.6. Counterparts. This Agreement may be executed in any number of
counterparts, which together shall constitute one and the same agreement.

            12.7. Time of Essence. Time is of the essence in each of the
obligations of Obligor and with respect to all conditions to be satisfied by
Obligor.

            12.8. Statute of Limitations. Obligor waives the benefit of all
statute(s) of limitations in any action or proceeding based upon or arising out
of this Agreement or the other Financing Documents.

            12.9. Construction; Voluntary Agreement; Representation by Counsel.
This Agreement has been prepared through the joint efforts of all the parties.
Neither its provisions nor any alleged ambiguity shall be interpreted or
resolved against any party on the ground that such party's counsel was the
draftsman of this Agreement. Each of the parties declares that such party has
carefully read this Agreement and the agreements, documents and instruments
being entered into in connection herewith and that such party knows the contents
thereof and sign the same freely and voluntarily. The parties hereto acknowledge
that they have been represented in negotiations for and preparation of this
Agreement and the agreements, documents and instrument being entered into in
connection herewith by legal counsel of their own choosing, and that each of
them has read the same and had their contents fully explained by such counsel
and is fully aware of their contents and legal effect.

            12.10. Governing law; Forum Selection. This Agreement has been
entered into and shall be governed by the laws of the State of New York. As a
material part of the consideration to the parties for entering into this
Agreement, each party (i) agrees that, at the option of Lender, all actions and
proceedings based upon, arising out of or relating in any way directly or
indirectly to, this Agreement, or the Financing Documents, shall be litigated
exclusively in the state courts of the State of New York or, at Lender's option,
the United States District Court for the Southern District of New York; (ii)
consents to the jurisdiction of any such

                                       6
<PAGE>

courts and consent to the service of process in any such action or proceeding
(whether or not litigated in courts located in the State of New York or the
United States District Court for the Southern District of New York) by personal
delivery or any other method permitted by law; and (iii) waives any and all
rights to transfer or to change the venue of any such action or proceeding to
any court located outside the courts of the State of New York or the United
States District Court for the Southern District of New York.

            12.11. Further Assurances. Obligor agrees to take all further
actions and execute all further documents as Lender may from time to time
reasonably request to carry out the transactions contemplated by this Agreement.

            12.12. Notices. All notices, requests and demands to or upon the
respective parties hereto shall be given in accordance with the Financing
Documents.

            12.13. Mutual Waiver of Right to Jury Trial. LENDER AND OBLIGOR EACH
HEREBY WAIVE THE RIGHT TO TRIAL BY JURY IN ANY ACTION OR PROCEEDING BASED UPON,
ARISING OUT OF, OR IN ANY WAY RELATING TO: (I) THIS AGREEMENT, OR ANY OF THE
AGREEMENTS, INSTRUMENTS OR DOCUMENTS REFERRED TO HEREIN; OR (II) ANY OTHER
PRESENT OR FUTURE INSTRUMENT OR AGREEMENT BETWEEN OR AMONG THEM; OR (III) ANY
CONDUCT, ACTS OR OMISSIONS OF LENDER OR OBLIGOR OR ANY OF THEIR DIRECTORS,
OFFICERS, EMPLOYEES, AGENTS, ATTORNEYS OR ANY OTHER PERSONS AFFILIATED WITH
THEM; IN EACH OF THE FOREGOING CASES, WHETHER SOUNDING IN CONTRACT OR TORT OR
OTHERWISE.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       7
<PAGE>

                                             Signature Page to Seventh Amendment

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their respective duly authorized officers as of the date first written above.

FLEET CAPITAL CORPORATION                  WILLEY BROTHERS, INC.

By: Walter Schuppe                         By: /s/ James F. Brooks
    -------------------------                  ---------------------------------
Name:  Walter Schuppe                      Name:  James F. Brooks
Title: Senior Vice President               Title: Chief Operating Officer

                                           BRANDPARTNERS GROUP, INC.

                                           By:  /s/ Sharon Burd
                                                -------------------------
                                           Name:  Sharon Burd
                                           Title: Chief Operating Officer
<PAGE>

                                   SCHEDULE A

                            (Schedule of Obligations)

      As of August 19, 2003, the Obligations outstanding with respect to the
Loans were as follows:

Loan                                Principal Balance

A. $6,000,000 Revolving Credit      $5,009,309.13
   Loan
B. $8,000,000 Term Loan             $1,509,045.40

Plus, as to each Loan, any and all interest, expenses, fees, costs and other
charges accrued and accruing under the Financing Documents or this Agreement.<PAGE>

                                                                    EXHIBIT 10.1

                              GENITOPE CORPORATION

                               INDEMNITY AGREEMENT

         THIS AGREEMENT is made and entered into this ____ day of __________,
2003 by and between GENITOPE CORPORATION, a Delaware corporation (the
"Company"), and __________ ("Agent").

                                    RECITALS

         WHEREAS, Agent performs a valuable service to the Company as __________
of the Company;

         WHEREAS, the stockholders of the Company have adopted bylaws (the
"Bylaws") providing for the indemnification of the directors, officers,
employees and other agents of the Company, including persons serving at the
request of the Company in such capacities with other corporations or
enterprises, as authorized by the Delaware General Corporation Law, as amended
(the "Code");

         WHEREAS, the Bylaws and the Code, by their non-exclusive nature, permit
contracts between the Company and its agents, officers, employees and other
agents with respect to indemnification of such persons; and

         WHEREAS, in order to induce Agent to continue to serve as __________ of
the Company, the Company has determined and agreed to enter into this Agreement
with Agent.

         NOW, THEREFORE, in consideration of Agent's continued service as
__________ after the date hereof, the parties hereto agree as follows:

                                    AGREEMENT

         1.       SERVICES TO THE COMPANY. Agent will serve, at the will of the
Company or under separate contract, if any such contract exists, as __________
of the Company or as a director, officer or other fiduciary of an affiliate of
the Company (including any employee benefit plan of the Company) faithfully and
to the best of his ability so long as he is duly elected and qualified in
accordance with the provisions of the Bylaws or other applicable charter
documents of the Company or such affiliate; provided, however, that Agent may at
any time and for any reason resign from such position (subject to any
contractual obligation that Agent may have assumed apart from this Agreement)
and that the Company or any affiliate shall have no obligation under this
Agreement to continue Agent in any such position.

         2.       INDEMNITY OF AGENT. The Company hereby agrees to hold harmless
and indemnify Agent to the fullest extent authorized or permitted by the
provisions of the Bylaws and the Code, as the same may be amended from time to
time (but, only to the extent that such amendment permits the Company to provide
broader indemnification rights than the Bylaws or the Code permitted prior to
adoption of such amendment).

<PAGE>

         3.       ADDITIONAL INDEMNITY. In addition to and not in limitation of
the indemnification otherwise provided for herein, and subject only to the
exclusions set forth in Section 4 hereof, the Company hereby further agrees to
hold harmless and indemnify Agent:

                  (a)      against any and all expenses (including attorneys'
fees), witness fees, damages, judgments, fines and amounts paid in settlement
and any other amounts that Agent becomes legally obligated to pay because of any
claim or claims made against or by him in connection with any threatened,
pending or completed action, suit or proceeding, whether civil, criminal,
arbitrational, administrative or investigative (including an action by or in the
right of the Company) to which Agent is, was or at any time becomes a party, or
is threatened to be made a party, by reason of the fact that Agent is, was or at
any time becomes a director, officer, employee or other agent of Company, or is
or was serving or at any time serves at the request of the Company as a
director, officer, employee or other agent of another company, partnership,
joint venture, trust, employee benefit plan or other enterprise; and

                  (b)      otherwise to the fullest extent as may be provided to
Agent by the Company under the non-exclusivity provisions of the Code and
Section 43 of the Bylaws.

         4.       LIMITATIONS ON ADDITIONAL INDEMNITY. No indemnity pursuant to
Section 3 hereof shall be paid by the Company:

                  (a)      on account of any claim against Agent solely for an
accounting of profits made from the purchase or sale by Agent of securities of
the Company pursuant to the provisions of Section 16(b) of the Securities
Exchange Act of 1934 and amendments thereto or similar provisions of any
federal, state or local statutory law;

                  (b)      on account of Agent's conduct that is established by
a final judgment as knowingly fraudulent or deliberately dishonest or that
constituted willful misconduct;

                  (c)      on account of Agent's conduct that is established by
a final judgment as constituting a breach of Agent's duty of loyalty to the
Company or resulting in any personal profit or advantage to which Agent was not
legally entitled;

                  (d)      for which payment is actually made to Agent under a
valid and collectible insurance policy or under a valid and enforceable
indemnity clause, bylaw or agreement, except in respect of any excess beyond
payment under such insurance, clause, bylaw or agreement;

                  (e)      if indemnification is not lawful (and, in this
respect, both the Company and Agent have been advised that the Securities and
Exchange Commission believes that indemnification for liabilities arising under
the federal securities laws is against public policy and is, therefore,
unenforceable and that claims for indemnification should be submitted to
appropriate courts for adjudication); or

                  (f)      in connection with any proceeding (or part thereof)
initiated by Agent, or any proceeding by Agent against the Company or its
directors, officers, employees or other agents, unless (i) such indemnification
is expressly required to be made by law, (ii) the proceeding was authorized by
the Board of Directors of the Company, (iii) such indemnification

<PAGE>

is provided by the Company, in its sole discretion, pursuant to the powers
vested in the Company under the Code, or (iv) the proceeding is initiated
pursuant to Section 9 hereof.

         5.       CONTINUATION OF INDEMNITY. All agreements and obligations of
the Company contained herein shall continue during the period Agent is a
director, officer, employee or other agent of the Company (or is or was serving
at the request of the Company as a director, officer, employee or other agent of
another company, corporation, partnership, joint venture, trust, employee
benefit plan or other enterprise) and shall continue thereafter so long as Agent
shall be subject to any possible claim or threatened, pending or completed
action, suit or proceeding, whether civil, criminal, arbitrational,
administrative or investigative, by reason of the fact that Agent was serving in
the capacity referred to herein.

         6.       PARTIAL INDEMNIFICATION. Agent shall be entitled under this
Agreement to indemnification by the Company for a portion of the expenses
(including attorneys' fees), witness fees, damages, judgments, fines and amounts
paid in settlement and any other amounts that Agent becomes legally obligated to
pay in connection with any action, suit or proceeding referred to in Section 3
hereof even if not entitled hereunder to indemnification for the total amount
thereof, and the Company shall indemnify Agent for the portion thereof to which
Agent is entitled.

         7.       NOTIFICATION AND DEFENSE OF CLAIM. Not later than thirty (30)
days after receipt by Agent of notice of the commencement of any action, suit or
proceeding, Agent will, if a claim in respect thereof is to be made against the
Company under this Agreement, notify the Company of the commencement thereof;
but the omission so to notify the Company will not relieve it from any liability
which it may have to Agent otherwise than under this Agreement. With respect to
any such action, suit or proceeding as to which Agent notifies the Company of
the commencement thereof:

                  (a)      the Company will be entitled to participate therein
at its own expense;

                  (b)      except as otherwise provided below, the Company may,
at its option and jointly with any other indemnifying party similarly notified
and electing to assume such defense, assume the defense thereof, with counsel
reasonably satisfactory to Agent. After notice from the Company to Agent of its
election to assume the defense thereof, the Company will not be liable to Agent
under this Agreement for any legal or other expenses subsequently incurred by
Agent in connection with the defense thereof except for reasonable costs of
investigation or otherwise as provided below. Agent shall have the right to
employ separate counsel in such action, suit or proceeding but the fees and
expenses of such counsel incurred after notice from the Company of its
assumption of the defense thereof shall be at the expense of Agent unless (i)
the employment of counsel by Agent has been authorized by the Company, (ii)
Agent shall have reasonably concluded, and so notified the Company, that there
is an actual conflict of interest between the Company and Agent in the conduct
of the defense of such action or (iii) the Company shall not in fact have
employed counsel to assume the defense of such action, in each of which cases
the fees and expenses of Agent's separate counsel shall be at the expense of the
Company. The Company shall not be entitled to assume the defense of any action,
suit or proceeding brought by or on behalf of the Company or as to which Agent
shall have made the conclusion provided for in clause (ii) above; and

<PAGE>

                  (c)      the Company shall not be liable to indemnify Agent
under this Agreement for any amounts paid in settlement of any action or claim
effected without its written consent, which shall not be unreasonably withheld.
The Company shall be permitted to settle any action except that it shall not
settle any action or claim in any manner which would impose any penalty or
limitation on Agent without Agent's written consent, which may be given or
withheld in Agent's sole discretion.

         8.       EXPENSES. The corporation shall advance to an Agent who was or
is a party or is threatened to be made a party to any threatened, pending or
completed action, suit or proceeding, whether civil, criminal, administrative or
investigative, by reason of the fact that he is or was a director or executive
officer, of the corporation, or is or was serving at the request of the
corporation as a director or executive officer of another corporation,
partnership, joint venture, trust or other enterprise, prior to the final
disposition of the proceeding, promptly following request therefor, all expenses
incurred by Agent in connection with such proceeding provided, however, that if
the Code requires, an advancement of expenses incurred by a director or
executive officer in his or her capacity as a director or executive officer (and
not in any other capacity in which service was or is rendered by such Agent,
including, without limitation, service to an employee benefit plan) shall be
made only upon delivery to the corporation of an undertaking (hereinafter an
"undertaking"), by or on behalf of such Agent, to repay all amounts so advanced
if it shall ultimately be determined by final judicial decision from which there
is no further right to appeal (hereinafter a "final adjudication") that such
Agent is not entitled to be indemnified for such expenses under Section 43 of
the Bylaws or otherwise.

         Notwithstanding the foregoing, unless otherwise determined pursuant to
paragraph (e) of Section 43 of the Bylaws, no advance shall be made by the
corporation to an Agent (except by reason of the fact that such Agent is or was
a director of the corporation in which event this paragraph shall not apply) in
any action, suit or proceeding, whether civil, criminal, administrative or
investigative, if a determination is reasonably and promptly made (i) by a
majority vote of directors who were not parties to the proceeding, even if not a
quorum, or (ii) by a committee of such directors designated by a majority vote
of such directors, even though less than a quorum, or (iii) if there are no such
directors, or such directors so direct, by independent legal counsel in a
written opinion, that the facts known to the decision-making party at the time
such determination is made demonstrate clearly and convincingly that such person
acted in bad faith or in a manner that such person did not believe to be in or
not opposed to the best interests of the corporation.

         9.       ENFORCEMENT. Any right to indemnification or advances granted
by this Agreement to Agent shall be enforceable by or on behalf of Agent in any
court of competent jurisdiction if (i) the claim for indemnification or advances
is denied, in whole or in part, or (ii) no disposition of such claim is made
within ninety (90) days of request therefor. Agent, in such enforcement action,
if successful in whole or in part, shall be entitled to be paid also the expense
of prosecuting his claim. It shall be a defense to any action for which a claim
for indemnification is made under Section 3 hereof (other than an action brought
to enforce a claim for expenses pursuant to Section 8 hereof, provided that the
required undertaking has been tendered to the Company) that Agent is not
entitled to indemnification because of the limitations set forth in Section 4
hereof. Neither the failure of the Company (including its Board of Directors or
its stockholders) to have made a determination prior to the commencement of such

<PAGE>

enforcement action that indemnification of Agent is proper in the circumstances,
nor an actual determination by the Company (including its Board of Directors or
its stockholders) that such indemnification is improper shall be a defense to
the action or create a presumption that Agent is not entitled to indemnification
under this Agreement or otherwise.

         10.      SUBROGATION. In the event of payment under this Agreement, the
Company shall be subrogated to the extent of such payment to all of the rights
of recovery of Agent, who shall execute all documents required and shall do all
acts that may be necessary to secure such rights and to enable the Company
effectively to bring suit to enforce such rights.

         11.      NON-EXCLUSIVITY OF RIGHTS. The rights conferred on Agent by
this Agreement shall not be exclusive of any other right which Agent may have or
hereafter acquire under any statute, provision of the Company's Certificate of
Incorporation or Bylaws, agreement, vote of stockholders or directors, or
otherwise, both as to action in his official capacity and as to action in
another capacity while holding office.

         12.      SURVIVAL OF RIGHTS.

                  (a)      The rights conferred on Agent by this Agreement shall
continue after Agent has ceased to be a director, officer, employee or other
agent of the Company or to serve at the request of the Company as a director,
officer, employee or other agent of another company, corporation, partnership,
joint venture, trust, employee benefit plan or other enterprise and shall inure
to the benefit of Agent's heirs, executors and administrators.

                  (b)      The Company shall require any successor (whether
direct or indirect, by purchase, merger, consolidation or otherwise) to all or
substantially all of the business or assets of the Company, expressly to assume
and agree to perform this Agreement in the same manner and to the same extent
that the Company would be required to perform if no such succession had taken
place.

         13.      SEPARABILITY. Each of the provisions of this Agreement is a
separate and distinct agreement and independent of the others, so that if any
provision hereof shall be held to be invalid for any reason, such invalidity or
unenforceability shall not affect the validity or enforceability of the other
provisions hereof. Furthermore, if this Agreement shall be invalidated in its
entirety on any ground, then the Company shall nevertheless indemnify Agent to
the fullest extent provided by the Bylaws, the Code or any other applicable law.

         14.      GOVERNING LAW. This Agreement shall be interpreted and
enforced in accordance with the laws of the State of Delaware.

         15.      AMENDMENT AND TERMINATION. No amendment, modification,
termination or cancellation of this Agreement shall be effective unless in
writing signed by both parties hereto.

         16.      IDENTICAL COUNTERPARTS. This Agreement may be executed in one
or more counterparts, each of which shall for all purposes be deemed to be an
original but all of which together shall constitute but one and the same
Agreement. Only one such counterpart need be produced to evidence the existence
of this Agreement.

<PAGE>

         17.      HEADINGS. The headings of the sections of this Agreement are
inserted for convenience only and shall not be deemed to constitute part of this
Agreement or to affect the construction hereof.

         18.      NOTICES. All notices, requests, demands and other
communications hereunder shall be in writing and shall be deemed to have been
duly given (i) upon delivery if delivered by hand to the party to whom such
communication was directed or (ii) upon the third business day after the date on
which such communication was mailed if mailed by certified or registered mail
with postage prepaid:

                  (a)      If to Agent, at the address indicated on the
signature page hereof.

                  (b)      If to the Company, to:

                                    Genitope Corporation
                                    525 Penobscot Drive
                                    Redwood City, CA 94063
                                    Attn: Laura Woodhead, Esq.

or to such other address as may have been furnished to Agent by the Company.

                            [SIGNATURE PAGE FOLLOWS]

<PAGE>

IN WITNESS WHEREOF, the parties hereto have executed this Agreement on and as of
the day and year first above written.

                                    GENITOPE CORPORATION:

                                    Name (Print):_______________________________

                                    Signature:__________________________________

                                    Title:______________________________________

                                    AGENT:

                                    Name (Print):_______________________________

                                    Signature:__________________________________

                                    Title:______________________________________

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