Recent Updates
Recently added Catalysts
ABVC

ADDENDUM This ADDENDUM (this " Addendum ") dated January 12 th , 2017 (the " Effective Date ") to the Collaborative Agreement dated

Key Takeaway: ADDENDUM (this "Addendum") dated January 12th , 2017 (the "Effective Date") to the Collaborative Agreement dated December 29, 2015 (as amended hereby, the "Agreement") by and between BioLite, Inc., a company incorporated under the laws of Taiwan and having its principal place o

Full Press Release Details

ADDENDUM (this "Addendum") dated January 12th , 2017 (the "Effective Date")
to the Collaborative Agreement dated December 29, 2015 (as amended hereby, the "Agreement") by and between BioLite,
Inc., a company incorporated under the laws of Taiwan and having its principal place of business at 3rd Floor, 248, Nei-Hu Road,
Sec. l , Taipei, 11493 Taiwan ("BioLite") and American BriVision Corporation, a Delaware corporation having its
principle place of business at 11, Sawyer Park Drive, Goshen, New York 10294 USA ("ABVC"). BioLite and
ABVC are thereafter referred to as the "Parties".
the Parties desire to amend the Agreement;
THEREFORE, the Parties, in consideration of the mutual promises herein contained and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, hereby agree to amend the Agreement as follows:
1.1 The Agreement is hereby amended to add the following as a "Product" on page 1 of the Agreement:
Maitake Combination Therapy for indications including but not limited to the following: breast cancer, brain tumor, hepatocellular
carcinoma, pancreatic cancer, renal cell carcinoma, nasopharyngeal carcinoma, prostate cancer, cervix cancer, oral/ pharynx/larynx
cancer, lung cancer, leukemia, myeloma, lymphoma, gastric cancer, thyroid cancer, esophageal cancer, gastric cancer, small intestine
cancer, large intestine/colon/rectal cancer, ovary cancer, skin cancer, head and neck, soft tissue sarcoma, bone tumor, bladder
cancer, and cholangiocarcinomab."
1.2 Paragraph 1.6 of the Agreement is hereby amended and restated in its entirety as follows:
.6 "Territory" shall mean:
1.3 Paragraph 2 of the Agreements is hereby amended and restated in its entirety as follows:
1.4 Paragraph 3 of the Agreement is hereby amended to add the following Paragraph 3.3 after Paragraph 3.2 and all of its sub-paragraphs:
For the avoidance of doubt, no additional milestone payments will be made with respect to the Product numbered 6."
1.5 Paragraph 4 of the Agreement is hereby amended and restated in its entirety to read as follows:
Royalty Charge: 5% of the net sales, provided, however, that if at any given time BioLite is obligated to pay its licensor amounts
in excess of 3% of such net sales, the Parties will adjust the Royalty Charge as mutually agreed between the Parties."
WITNESS WHEREOF the Parties hereto have caused this Addendum to be executed, in duplicate, each Party taking a copy,
as of the date first written above.
BIOLITE, INC. AMERICAN BRIVISION CORPORATION
By: /s/ Frank Liu By: /s/ Kira Huang
Frank Liu Kira Huang
Supervisor CFO
Date:1/12/2017 Date:1/12/2017
Last updated: Feb 22, 2017