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`'l‘lviIS.‘~ CO'l*~lS'Ul,."l.“l.NC3 ACiRl¥JlE£MlE'.-Nit“ (this “‘_r}g1;eerr;e_nt”), dated September‘ '7,
`2012, is between Medac 'l’harrna, lnc., a Delaware corporation (the “Qgt;rtt3»_etny”) and _lf3_,1;w.,
`Michael Schim LMD, an individual (the ”'H,C_-_:._(_;)_IA}_§,l.wtHl_§._§,fll_!."”).
`
`an independent.
`Company hereby agrees to engage C_‘.onsultant
`l.
`contractor to provide advice with regard to the clinical tievelopn-tent ancl scientific/ communication
`plan for Metojettttttit, with a focus on the tttilizatioit of Mct.oject® in Rheutnatoid Arthritis (the
`(Lion-sultant hereby accepts such e1igetgentcnt1.tpon the tennis and contl'tt'tons set forth
`
`l'tet'eiin.
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`33.
`
`LlfsLIn-
`2.1
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`‘The term of t“.‘.onsaltant:‘s engt-1get‘1‘tt£*-tit (the °‘j1fer_1_1_i”) shall commence as of the date first
`written above and shall expire 1'2 months thereafter.
`
`2.2
`
`2.3
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`The Terrn shall he atttomatiically renewecl for successive 12 month periods unless
`earlier t.ertnina.tetl as provided herein, or ttttless the Clot-npany or Consultant provides to
`the other party not less than 30 days’ written notice of termination prior to the
`expiration ofthe origirial or any renewal 'l.‘ern1 hereof.
`N0tWllllSt£tfld.lng the ’l"etrn
`fortlt above, (T.onsttltant*s ettgagement. shall be earlier
`terininat.ed as of the dates set -Forth below upon the occurrence of any of the following:
`
`i.
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`open. 30 days’ prior written notice to Cotisttltattt by an a.utltorir.etl representative
`of the Clotnpany, for any reason; or
`
`11.
`
`upon 30 days’ prior written notice to the Company by the Gonsultarit, for any
`
`l"EilSiOl.'L
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`
`
` 3. t;ltnhc.ettt:_etin.i1. "
`3.1
`As cortsitieration for £T.onsttltant‘s perforiiiance of the Services, the tfitirrmatrry shall
`compensate Consultant. with a fixed fee of $3_,5l)(l.(J(l, payable in titll ttpon completion
`
`of the Services.
`
`3.4.:
`
`The Consultant is an intiepenclent contractor and shall not he entitled to participate in
`any retirement, bonus welfare or other laettetit plans. "lite Cornpany shall not withhold
`payroll, state, .t’etlet'al, social security, einployntent or any other tiaxes ii'om any
`cm:-rpensation paid to Consultant, and Cf.‘.onsultant shall be solely responsible for
`payment of any such taxes.
`
`W10‘-*=t°-I-'1
`
`Medac Exhibit 2007
`Koios v. Medac
`
`IPR2016-01370
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`Medac Exhibit 2007
`Koios v. Medac
`IPR2016-01370
`Page 00001
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`Tenn of this Agreement, the C‘ornpa.ny shall reirnhurse Consultant for all
`Dllfillg the
`by Consultant direct.ly in connection with
`reasonable t)t1’[~t)f-p()£:kt-Eli expenses incurred
`(3onsultant’s presentation to the tlompany
`the Services perliirtned by Ctiiisiiltaiit upon
`ta.cs.id_eds
`of an iterniacd accounting of such expenses with reasonable supporting, data;
`hwoyg.-3.,/,e,i; that C.‘onsu1tant.shall obtain Company authoriza.tion. prior to incurrirtg any
`such expenses in the amount of $100.00 or more.
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`4.
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`S"li.s.l;itlsali.ahLt..;r..l;li.s.cln.s.u.te_.nill.rit?o.rtttttt.itni.
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`4.1
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`Consultant recognizes and ttcltritiwlerlges that the C.ornpany’s trade secrets, kriowwliow,
`intellectual property and proprietary ini"orrnat.ion as they may exist. from time to time,
`as well as the Cornpany‘s con'1’ident.ial business plans and financial data (collectively,
`the “‘§;};tnLftt;l,tn’tit,tl__,_l1tjt§;,;mntfi;gyt”) are valuable, special and unique assets ofthe
`(3ontpa.ny‘s business, access to and knowledge of which are essential t.o the
`peribrrnance of tflonsultanfs duties hereunder.
`tjlorisultant shall not, during or alter the
`Torin of his or her ciigagerrient with the Compairy, in whole or in part, disclose any
`C.?oti:title1ttit1l lntbrmation to any person, tirtn, corporation, association or other entity
`for any reason or purpose whatsoever, nor shall Consultant make use of any
`Confidential information for his or her own purposes or for the benefit of any person,
`firm, corporation. of other entity, except the (‘.Toinpany, under any circumstances during
`or after the 'l"erm of’ his or her €;2ll;_'.f,lt't_l,-‘_:|l":I]lE.ll‘lt.
`("fonfitlen-tial information shall not include
`any inlortnation that Consultaizit can establish by eonnpetent proof:
`
`was known, other than under binder of secrecy, to €;‘.onsulta.nt prior to his or her
`eiigaggemerit by the Clornpauyt, or
`
`was passed into the public domain prior to or after its development. by or for the
`Cfornpany, other than tlit'oug,li acts or omissions attributable to Consultant.
`
`4.2
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`Upon the termination of his or her engagetnent
`return to the Company all originals and copies
`lI1lTi.')l'l'I‘l£lli0n.
`
`hereunder, Consitltant shall promptly
`(If any of the Coiupany’s Cor-i;lidential
`
`£;ataaae.c:r.,.litnnsnr-
`5.1
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`I assign to the Ccrnpany his or her entire r-iglit, title and interest, in and
`Coiisultaiit shal
`to any of the iiollowiny, items: (a) the llleliverables; and (b) all inventions, ideas,
`discoveries, intellectual property, and iniprtwernents whether patented or unpatcnted,
`and any material subject to copyriglit, made or conceived by tlonsultant, solely or
`jointly, during the Terni of this Agreenient or any eittensiort hereof, ari.sitig out of or in
`connection with the Services conducted by, for or under the direction oi.‘the Cfornpany
`(the items described in (ti) and (b) above shall be refer-reri to collectively as the
`'°“§3otfnp_gt_ny__l{t;tppe_rty‘“). Consultant shall ibrther aclrnowledge that the Cotnptttty
`Property developed. or produced by (3rar'isttltaitt within the scope of his or her
`engagement, iiiclttding, without. liru.itation, the Dcliverables, constitutes works rriade
`for hire and to the extent such does not constitute worlts made for hire under applicable
`
`CA-0011216. I .12
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`law, C-£)I‘l5ll_1il;l‘:1l"1l agrees to assign all rights thereto to the Clonipany. Consultant shall,
`upon request ol’ the Company, e.~«:ec'ute such further documents as may be reasonably
`required by the Company to achieve the intent of this paragraph. Any such
`assigrnnents shall be rnade by ('.Ionsultant to the Company without adclitional
`consideration o.r compensation paid to Clorisuliiarn.
`
`5.2
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`Consultant shall comrnunicate promptly and disclose to the Clotnpany, in such forrn as
`the Criinpariy may reasonably request, all inforrnation, details and data. pertaining to
`any Ciornpany ll‘-roperty that Clfonsultant is required to assign to t.he Cliompany
`hereunder.
`
`It is the desire and intent of the parties that the provisions of this
`6.
`Agreenient. shall be enforced to the lltllcst extent permissible under the laws and public policies
`applied in each jurisdiction in which enforcenient is smlpgllt. Accordingly, if any particular portion
`of this Aggrcenient shall be deemed by a court ofcompetentjurisdiction to be illegal, invalid or
`unenforceable, the remainder ofthis Agreetnent shall not be asffecterl thereby, and in lieu of such
`illegal, invalid or unenl"orceal:ale prtwision, there shall be added as part of this Agreetrieltt, a
`provision as similar in terms as may be possible and be legal, valid and enforceable.
`7.
`§i_ahcp_r_*gact<irs. Consultant shall not hire or employ any subcontract.ors to perform
`Consultants obligations under this Apreentcnt.
`ll.
`I,,l‘g,l,gj};ri,r,j,t;ri_t_3,_r;=,3,l_,pp. It is not the intention of the parties to create, nor shall this Agreeinent be
`construed as creating, a partnership, _ioint venture, agency relationship, ernployeeernployer
`relationship or association, or render the parties liable as partners, ccwventurers, agents, principals,
`employers or employees.
`9.
`Any notices required or perrnhted hereunder shall be in writing, and shall be
`personally delivered or sent by l’acsimile, mail, liederal. lixrnrress or similar courier service, all of
`which shall be efl'cctiye. upon receipt.
`l‘~lotices sent by facsirnile, mail or courier shall be addressed
`
`follows:
`
`If to the C1ornpa.ny:
`
`Mcdac llltarrna, Inc.
`500 Fifth Avenue, Suite 4810
`New York, NY lill ll)
`
`lfto Ciorisultantz
`
`Name: Dr. Michael fiichiff, Ml.)
`Adclress: 5400 s-outh Monaco street:
`City, State, Zip: (ireenwood "Village l'.‘..olorado 801 ii
`
`(‘IA -00 I 3116, L12
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`HP LASERJET FAX
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`w_aiAyMp__i;_p_1:_ig-Wrpe_agh. A waiver by the Clonipany or Cfionsuitatit of a breach of any provision of
`10.
`this Agreemeiit by the other party shall not operate or be eonstrneti as a waiver of any subsequent
`breach by the other party.
`11. gfippterparts. The parties may execute this. Agreenient in any number of counterparts, each of
`which wili. be cieetned an original.
`
`This Agreement shaii be goveriteti by anti ooristrued and enforced in
`aeoo.rtia1ioe with t.he iaws -of the State o;t"Netw York and each of the parties hereby consent. to
`exclusive personal j ttrisdietion in the state and fetierai eoiirts ofhlew York.
`
`f_?onsn1tant shail petforrn the Services he1'ennder in a professional and
`13.
`timely manner, and shall eonipiy, at his or her sole cost and ei<pen.se, with all appiieabie laws. rules,
`and regulations in eonnection therewith.
`14.
`13i___eprg:_sefltawti5;fi. Consuitant hereby represents to the Chnttpaiiy that (a) he or she is legally
`entitled to enter into this Agreetnent and to pertbrm the Services, (b) he or she has the full right,
`power and authority, subject to no t'igi1ts of third parties, to pertbrrn his or her obligations
`herettritier and to grant to the Company the rights eonteiripi-ateti by tieetion 5 hereof free and clear
`ofaii liens, claims and eneurnbranees and (C) the C.ornpany i?'ropert.y does not vioiate any
`proprietary or irrteiieetuai property rights of any third party.
`
`15. Meciae pharma shalt hoiti t.he (‘fonsultrant harmless from and agaiiist all third party liability,
`demands, dt1I1'1tt§§;<:S,. expenses, and losses. arising, out of the use by the Company of advice,
`opinions, or irtfornmion iiintislieci by the Cotistiltant under this Agreement.
`
`Ahr’f,7.A§'},i:_g;‘_!i_‘_i_‘_i_f§'§.}":iML Subject t.o the other terms hereof, this Agreement may not be assigned by either
`16.
`party, without the prior written consent of the other party; pptgyiiett,
`that the Corr-ipany
`niey assign this Agreernent to an atiiliate or any other party that aequires subst.-aiitiaily all of the
`
`assets of the Citntipariy.
`
`iiiiilvitiit-‘-it
`
`"IN W'i."i'"NiiiSS Wi;~I'i?iR.i-Eitfii-T the parties have executed this Agreerrient effective as of the date
`first set forth above.
`
`COMPANY:
`
`Medae Pharrria, Inc.
`
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`Page 00004
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`Page 00005
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`Page 00005