Amendment to Co-Placement Agent Engagement Letter between Emergent Financial Group, Inc. and CryoPort, Inc.
This amendment updates the agreement between Emergent Financial Group, Inc. and CryoPort, Inc. regarding Emergent's role as a co-placement agent for a private offering of CryoPort's equity or equity-linked securities. The main change is an increase in Emergent's cash compensation from 5% to 6% of the gross proceeds raised from investors sourced by Emergent. The amendment is effective as of February 28, 2012, and is signed by authorized representatives of both companies.
Exhibit 10.44
STRICTLY CONFIDENTIAL
February 28, 2012
Emergent Financial Group, Inc.
3600 American Blvd West
Suite 670
Bloomington, MN 55431
Attention: Peter Voldness, Chief Executive Officer
Amendment To Engagement Letter: Co-Placement Agent
This letter amends the agreement between Emergent Financial Group LLC (“Emergent”) and CryoPort, Inc. (the “Company”) dated February 8, 2012 (the “Agreement”) constitutes our understanding with respect to the engagement of in connection with the proposed offer and private placement (the “Offering”) by the Company of equity or equity-linked securities of the Company (the “Securities”).
The cash compensation Emergent will be entitled to receive of the gross proceeds Emergent raises from Emergent Investors as outlined in the Agreement shall be increased from five percent (5%) to six percent (6%).
| EMERGENT FINANCIAL GROUP, INC. | ||
| By: | /s/ Peter Voldness | |
| Name: Peter Voldness | ||
| Title: Chief Executive Officer | ||
| ACCEPTED AND AGREED TO: | ||
| By: | /s/ Robert Stefanovich | |
| Name: Robert Stefanovich | ||
| Title: Chief Financial Officer | ||
