AMENDMENT TO EMPLOYMENT AGREEMENT
Exhibit 10.2
AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to the Employment Agreement (the Employment Agreement), effective as of August 1, 2010 by and between Ampio Pharmaceuticals, Inc., a Delaware corporation (the Company), and David Bar-Or M.D. (the Executive) is made as of June 30, 2017 (Amendment Date).
WHEREAS, the Company and the Executive (together the Parties) entered into the Employment Agreement;
WHEREAS, the Company and the Executive desire to extend the term of the Employment Agreement through July 31, 2018; and
WHEREAS, the Parties have agreed to modify the Employment Agreement.
NOW, THEREFORE, the Parties agree as follows:
1. The first sentence of Section 1 of the Employment Agreement shall be replaced in its entirety with the following sentence:
The Company hereby agrees to employ Employee and Employee hereby accepts such employment with the Company for the period of 84 months beginning on the Effective Date.
2. All other provisions of the Employment Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereby have executed this Amendment as of the Amendment Date written above.
AMPIO PHARMACEUTICALS, INC. | ||
By: | /s/ Philip H Coelho | |
Its: | Chairman of the Compensation Committee | |
/s/ David Bar-Or | ||
David Bar-Or, M.D. |