| 1. | Payment. Licensee hereby agrees to pay to Penn a
                non-creditable, non-refundable fee of [***] within [***] following the execution of this Amendment. | 
| 2. | Section 3.2 First Commercial Sale — Milestones. The
                first sentence of Section 3.2(a)(i) of the License Agreement is hereby deleted in its entirety and replaced with the following: | 
| 3. | Appendix F — Milestones. Appendix F-1 is hereby
                deleted in its entirety and replaced with the following: | 
| Diligence Event | Achievement Date | ||
| [***] | [***] | ||
| [***] | [***] | ||
| [***] | [***] | 
| 4. | Except as expressly set forth in this Amendment, the License Agreement remains in full force and effect in accordance with its terms. | 
| 5. | Licensors consent to Licensee filing a copy of this Amendment with the U.S. Securities and Exchange Commission, in accordance with its rules and regulations. | 
| 6. | This Amendment may be executed in counterparts, each of which will be deemed an original, and all of which together will be deemed to be one and the same instrument. A portable document
              format (PDF) or electronic copy of this Amendment, including the signature pages, will be deemed an original. | 
| Licensors: | 
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | 
| By: /s/ Benjamin Dibling, Ph. D. | 
| Name: Benjamin Dibling, Ph. D. | 
| Title: Deputy Managing Director, Penn Center for Innovation | 
| UNIVERSITY OF FLORIDA RESEARCH FOUNDATION, INCORPORATED | 
| By: /s/ Jim O’Connell | 
| Name: Jim O’Connell | 
| Title: Director, UF Innovate ǀ Tech Licensing | 
| License: | 
| IVERIC BIO GENE THERAPY LLC | 
| By: /s/ Kieth Westby | 
| Name: Kieth Westby | 
| Title: Chief Operating Officer |