Extension Letter to Fifth Amended and Restated Consulting Agreement between Scientific Industries, Inc. and Laboratory Innovation Company, Ltd.

Contract Categories: Human Resources › Consulting Agreements
Summary

This letter agreement extends the consulting engagement of Joseph Cremonese and Laboratory Innovation Company, Ltd. with Scientific Industries, Inc. until December 31, 2018. Either party may terminate the agreement earlier by providing at least 60 days' written notice. No other terms of the original consulting agreement are changed by this extension.

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EX-10.1 2 a10a1000.htm MATERIAL CONTRACTS Blueprint
Exhibit 10A-1
 
 
 
 
February 16, 2018
 
Mr. Joseph Cremonese
PO Box 1907
Greensburg, PA 15601
 
Dear Joe:
 
Please confirm your agreement by signing where indicated below and returning a copy of this letter that the term of your engagement and the engagement of Laboratory Innovation Company, Ltd (collectively, the “Consultants”) pursuant to the Fifth Amended and Restated Consulting Agreement dated January 20, 2012, as amended and/or extended to date (the “Agreement”), with Scientific Industries, Inc. (the “Company”) is hereby further extended to December 31, 2018, subject to earlier termination by written notice by either the Company or the Consultants delivered to the other party at least 60 days prior to the termination date set forth in the written notice.
 
There are no other changes to the Agreement.
 
 
Scientific Industries, Inc.
 
 
 
 
 
 
By:  
/s/ Helena R. Santos
 
 
 
Helena R. Santos
 
 
 
President and CEO
 

 
 
  Acknowledged and Agreed to:
Laboratory Innovations, Ltd.
 
 
 
 
 
 
By:  
/s/ Joseph G. Cremonese
 
 
 
Joseph G. Cremonese