Month-to-Month Extension of Employment Agreement between Health Discovery Corporation and Stephen D. Barnhill, M.D.

Contract Categories: Human Resources › Employment Agreements
Summary

Health Discovery Corporation and Dr. Stephen D. Barnhill have agreed to extend Dr. Barnhill's employment agreement, originally dated August 15, 2008, on a month-to-month basis starting August 15, 2010. All other terms and conditions of the original agreement remain unchanged and in effect until the agreement is either terminated or expires according to its terms.

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EX-10.25 2 ex10-25.htm EXHIBIT 10.25 ex10-25.htm
Exhibit 10.25
 
Health Discovery Corporation
2 East Bryan Street
Suite 610
Savannah, Georgia  31401
 
March 28, 2011
 
Stephen D. Barnhill, M.D.
2 Springfield Place
Savannah, Georgia 31411
 
RE:           Month-to-Month Extension of Employment Agreement
 
Dear Dr. Barnhill:
 
Reference is made to your Employment Agreement dated as of August 15, 2008 (the “Agreement”).  As you are aware, the Agreement had an original term of two years and expired on August 15, 2010.
 
This letter shall confirm that notwithstanding the expiration of the Agreement, HDC and you have agreed, effective as of August 15, 2010, to extend the term of the Agreement on a month-to-month basis.  Except as modified herein, all terms and conditions of the Agreement remain in full force and effect until the Agreement is terminated or expires in accordance with the terms thereof.
 
  Health Discovery Corporation
     
  By:     /s/ Joseph McKenzie, D.V.M  
    Joseph McKenzie, D.V.M.  
    Lead Director and Chair of the Compensation Committee
 
Acknowledged and Agreed to:
 
/s/ Stephen D. Barnhill M.D.   3-28-11
Stephen D. Barnhill, M.D.       Date