Amendment No. 6 to CONSULTING AGREEMENT By and Between Avalon Pharmaceuticals, Inc. and Bradley G. Lorimier
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EX-10.14G 4 w51513exv10w14g.htm EX-10.14G exv10w14g
Exhibit 10.14G
Amendment No. 6 to
CONSULTING AGREEMENT
By and Between
Avalon Pharmaceuticals, Inc. and Bradley G. Lorimier
CONSULTING AGREEMENT
By and Between
Avalon Pharmaceuticals, Inc. and Bradley G. Lorimier
The parties hereby agree, effective August 1, 2007 (Effective Date), to amend the Consulting Agreement by and between Avalon Pharmaceuticals, Inc. (Company or the Company) and Bradley G. Lorimier (Consultant or the Consultant) as set forth herein.
1) For purposes of this Amendment No. 6, Agreement shall refer to the Consulting Agreement between the parties dated February 1, 2000 (including, without limitation, all Exhibits and Addendums to that Consulting Agreement).
2) Company and Consultant agree to amend and extend the term of the Agreement to have a Renewal Term expiring December 31, 2008, at which time the Agreement shall automatically renew each January 1 thereafter for additional terms of twelve (12) months each (Renewal Term) unless either party gives to the other party at least thirty (30) days written notice of termination.
3) As of the Effective Date, Consultants compensation will be $4,583.33 per month (or $55,000 per year).
4) All provisions of the Agreement shall continue in full force and effect and shall apply with full force and effect to this Amendment No. 6, except where expressly superseded herein. The Agreement is hereby incorporated by reference into this Amendment No. 6 as if fully set forth herein.
In witness whereof, the parties have executed this Amendment No. 6 as of the Effective Date set forth above.
Agreed:
COMPANY | CONSULTANT | |||||||
By: | /s/ Kenneth C. Carter, Ph.D. | /s/ Bradley G. Lorimier | ||||||
Kenneth C. Carter, Ph.D. | Bradley G. Lorimier | |||||||
President & CEO |