Ryan Dunlap Compensation and Title Change Letter Agreement with Galena Biopharma, Inc.

Contract Categories: Human Resources › Compensation Agreements
Summary

Galena Biopharma, Inc. has notified Ryan Dunlap of his promotion to Senior Director, Finance and Chief Accounting Officer and Treasurer, effective immediately as of July 1, 2013. His new annual salary is set at $205,000. This letter serves as formal recognition of his contributions and outlines the updated title and compensation terms.

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EX-10.5 5 gale-20130630xex105.htm EX-10.5 GALE-2013.06.30-EX10.5


July 1, 2013

Ryan Dunlap
Galena Biopharma, Inc.
310 N.State Street, Suite 208
Lake Oswego, OR 97034


Re: Compensation


Dear Ryan:

In recognition of your outstanding contributions and teamwork to Galena, I am pleased to inform you that your title has been changed to Senior Director, Finance and Chief Accounting Officer and Treasurer, effective immediately. Your new annual salary is $205,000, effective on 7/1/2013.

Thank you again for your continued commitment towards meeting and exceeding our ambitious goals and leadership by example.

Best regards,

/s/ Mark J. Ahn

Mark J. Ahn
CEO & President
Galena Biopharma, Inc.