Amendment to Consulting Agreement between PAVmed Inc. and Michael Glennon (February 15, 2017)

Summary

PAVmed Inc. and Michael Glennon have agreed to amend their existing Consulting Agreement. Michael Glennon has chosen to permanently waive his right to receive any unpaid compensation for consulting services provided through December 31, 2016, and PAVmed Inc. has accepted this waiver. All other terms of the original Consulting Agreement remain unchanged.

EX-10.9.2 3 t1700390_ex10-9x2.htm EXHIBIT 10.9.2

 

Exhibit 10.9.2

 

PAVmed Inc.

One Grand Central

Place, Suite 4600

60 East 42nd Street

New York, NY 10170

212 ###-###-####

***@***
www.pavmed.com

 

February 15, 2017

 

Michael Glennon

 

Dear Mr. Glennon:

 

This letter will serve to amend the Consulting Agreement (“Consulting Agreement”), dated as of October 12, 2016, between you and PAVmed Inc.

 

Regarding Section 3 of the Consulting Agreement, you have notified the Company of your election to permanently waive your right to receive all accrued and unpaid compensation due to you through and including December 31, 2016 for services rendered under the Consulting Agreement during the year ended December 31, 2016 and the Company has accepted your election relative to this waiver of your 2016 consulting compensation.

 

Except as amended herein, all other provisions of the Consulting Agreement shall remain in full force and effect.

 

Please sign this letter in the place below to confirm your agreement.

 

  Sincerely,
   
  PAVMED INC.
     
  By: /s/ Richard F. Fitzgerald
    Name: Richard F. Fitzgerald
    Title: Chief Financial Officer

 

AGREED TO:  
   
/s/ Michael Glennon  
Michael Glennon