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Employee Benefit Plan
 12 Months Ended
Dec. 31, 2012
Employee Benefit Plan [Abstract]  
Employee Benefit Plan

NOTE 10 – EMPLOYEE BENEFIT PLAN

The Company sponsors a defined-contribution savings plan under Section 401(k) of the Internal Revenue Code covering all full-time employees (Sangamo 401(k) Plan). The Sangamo 401(k) Plan is intended to qualify under Section 401 of the Internal Revenue Code.

 

In 2012, the Company matched contributions by employees equal to 50% of the first 6% of employee contributions up to a limit of $1,000. Matching funds are fully vested when contributed. Contributions to the Sangamo 401(k) Plan in the year ended December 31, 2012, were $0.1 million. There were no such contributions in 2011 or 2010.