On January 23, 2015, Halozyme Therapeutics, Inc. and its subsidiary Halozyme, Inc. entered into the Second Amendment to Amended and Restated Loan and Security Agreement And First Amendment to Disbursement Letter with Oxford Finance LLC and Silicon Valley Bank amending and restating the loan payment schedules of the Amended and Restated Loan and Security Agreement. The amended and restated term loan repayment schedule provides for interest only payments through January 2016, followed by consecutive equal monthly payments of principal and interest in arrears starting in February 2016 and continuing through the previously established maturity date of January 2018.