Third Amendment to Consulting Agreement between Pulmonx International Sàrl and Orsco Life Sciences AG

Summary

This amendment updates the compensation terms in the consulting agreement between Pulmonx International Sàrl and Orsco Life Sciences AG. Effective May 1, 2015, Orsco Life Sciences AG will be paid an annual rate of 60,000 Swiss Francs, paid quarterly in arrears within 30 days of invoice receipt. All other terms of the original agreement remain unchanged. The amendment is signed by both parties and takes effect as specified.

EX-10.16 15 exhibit1016s-1xthirdam.htm EX-10.16 Document

Exhibit 10.16

THIRD AMENDMENT TO CONSULTING AGREEMENT

Exhibit A to the Consulting Agreement (the “Agreement”) between Pulmonx International Sàrl (“Company”) and Orsco Life Sciences AG (“Consultant”) effective as of October 1, 2013, as amended, is hereby amended and restated to read as follows:

“EXHIBIT A

COMPENSATION

1. In consideration of Consultant’s performance of the Services outlined in Section 1, above, effective as of May 1, 2015, Company will pay Consultant the annual rate of 60,000 Swiss Francs in arrears after the end of each calendar quarter, within 30 days following the receipt of invoices. “

These changes will be effected and become part of the Agreement on May 1, 2015. With the exception of the above modifications, all other provisions of the Consulting Agreement remain in full force and effect.


Place and date						Place and date

Neuchâtel, April 27, 2015						Zug 23/4/2015


Company						Consultant
Pulmonx International Sàrl						Orsco Life Sciences AG

/s/ Martin Schneider						/s/ Oern Stuge
Martin Schneider						Oern Stuge
VP & CFO

Pulmonx International Sàrl, Rue de la Treille 4, CH-2000 Neuchâtel - www.pulmonx.com