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EXHIBIT 10.1
AMENDMENT NO. 3 TO GOVERNANCE AGREEMENT
THIS AMENDMENT TO GOVERNANCE AGREEMENT ("Amendment") is
entered into as of October 18, 2000, by and between Affymetrix, Inc. (the
"Company") and Glaxo Wellcome PLC ("Glaxo Wellcome"). Capitalized terms not
otherwise defined in this Amendment have the meaning given them in that certain
Governance Agreement (the "Governance Agreement") dated as of July 6, 1995, by
and between Affymetrix, Inc. and Glaxo Wellcome, as amended in "Amendment to
Governance Agreement" entered into April 14, 1998 and "Amendment No. 2 to
Governance Agreement" entered into September 8, 1998.
RECITALS
A. The Company, Glaxo Wellcome and GWAI desire to make the
amendments described herein to the Governance Agreement,
as amended.
NOW, THEREFORE, for good and valuable consideration, in
consideration of the mutual promises and covenants described below, the Company
and Glaxo Wellcome hereby agree as follows:
1. Paragraph 1 of the Governance Agreement shall be amended
and restated to read in full as follows: "As of the date of this Agreement,
GLAXO WELLCOME and any of its subsidiaries or affiliates, including, but not
limited to, GWAI, (collectively, "GW") agree that they shall not be entitled to
their existing 2 seats on the Board of Directors of Affymetrix, and such
existing two members shall offer their resignation from the Board of Directors
of Affymetrix to Affymetrix.
2. This Amendment may be executed in two or more counterparts,
each which shall be deemed to be an original, but all of which together shall
constitute one and the same instrument.
3. This Amendment, the Governance Agreement, Amendment to
Governance Agreement and Amendment No. 2 to Governance Agreement shall be
governed by and construed under the laws of the State of California as applied
to agreements entered into solely between residents of and to be performed
entirely within such state.
4. The Governance Agreement, Amendment No. 1, Amendment No. 2,
and this Amendment No. 3 constitute the entire agreement between the parties
hereto pertaining to the subject matter thereof and hereof.
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IN WITNESS WHEREOF, the undersigned have executed this
Amendment to Governance Agreement as of the day and year first above written.
AFFYMETRIX, INC. GLAXO WELLCOME PLC
By: /s/ STEPHEN P.A. FODOR, PH.D. By: /s/ JOHN D. COOMBE
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Name: Stephen P.A. Fodor, Ph.D. Name: John D. Coombe
Title: Chairman and Chief Executive Title: Chief Financial Officer
Officer
AGREED TO AND ACCEPTED BY:
GLAXO WELLCOME AMERICAS INC.
By: /s/ JOHN D. COOMBE
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Name: John D. Coombe
Title: Executive Vice President, Finance
