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Contract analysis / engagement-letter-amendment-ip-scope.docx
engagement-letter-amendment-ip-scope.docx
High · 0
Medium · 3
Standard · 1
1. Expansion of Scope of Representation
Medium
⚑ Liability cap to check against exposure
1. Expansion of Scope of Representation The scope of C&H's representation of the Company as set forth in Section 1 of the Original Engagement Letter is hereby expanded to include comprehensive intellectual property due diligence on the Company's intellectual property portfolio in connection with the Financing. The expanded scope of representation shall encompass the following: (a) Review and Analysis of IP Portfolio.
2. Additional Staffing
Medium
⚑ Assignment / subcontracting
2. Additional Staffing In connection with the expanded scope of representation described in Section 1 above, the following attorneys from C&H's intellectual Property practice group are hereby added to the engagement team for this matter: (a) Peter Vassiliev — Lead Associate, intellectual Property. Mr. Vassiliev will serve as the lead attorney for all IP due diligence matters under this Amendment. Mr. Vassiliev is a m
3. Fees and Billing
Standard
⚑ Commercial term
3. Fees and Billing The fee arrangements set forth in the Original Engagement Letter shall continue to apply to the engagement as amended by this Amendment No. 1, subject to the following clarifications: (a) Fee Cap. The fee cap of Two Hundred Seventy-Five Thousand Dollars ($275,000) (plus disbursements) for the Financing, as set forth in Section 3 of the Original Engagement Letter, shall remain unchanged and shall a
4. No Other Modifications
Medium
⚑ Forum / governing law
4. No Other Modifications Except as expressly modified by this Amendment No. 1, all terms and conditions of the Original Engagement Letter dated November 6, 2023 shall remain in full force and effect and are hereby ratified and confirmed in all respects. Without limiting the generality of the foregoing, the parties acknowledge and agree that the following provisions of the Original Engagement Letter, among others, re
5. Conflicts Confirmation
5. Conflicts Confirmation C&H has conducted an updated conflicts check in connection with the expansion of the scope of representation described in this Amendment, including the addition of Mr. Vassiliev and Ms. Schultz to the engagement team and the inclusion of IP due diligence within the scope of the Firm's representation of the Company. Based on this updated conflicts review, no new conflicts of interest have bee