CONSULTING AGREEMENT AMENDMENT
Exhibit 10.19
CONSULTING AGREEMENT AMENDMENT
This Consulting Agreement Amendment (hereinafter the “Amendment”) is made effective as of January 1, 2013 (the “Amendment Effective Date”) between Civitas Therapeutics, Inc. (“CIVITAS”) and Robert Roche (“Consultant”).
WHEREAS, CIVITAS and Consultant entered into a Consulting Agreement effective as of December 16, 2011;
WHEREAS, the parties want to increase the fee based Compensation paid to Consultant.
THEREFORE;
As of the Amendment Effective Date, Section 2a is replaced with the following:
| a. | Fees. CIVITAS shall pay Consultant a fee at the rate of $40,000 per year for Consulting Services rendered as the request of CIVITAS hereunder. Fees for Consulting Services will be paid quarterly within thirty (30) days after the end of each fiscal quarter. |
All other terms and conditions of the Consulting Agreement shall remain unchanged and shall apply.
IN WITNESS WHEREOF, each party has caused this Amendment to be executed by its duly authorized representative as of the Amendment Effective Date.
| Civitas Therapeutics, Inc. | ||
| By | /s/ Glenn Batchelder | |
| duly authorized | ||
| Name: | Glenn Batchelder | |
| Title: | President & CEO | |
| Date: | Glenn Batchelder January 21, 2014 | |
| Consultant | ||
| /s/ Robert Roche | ||
| duly authorized | ||
| Name: | Robert Roche | |
| Date: | January 15, 2014 | |
