Amendment to Consulting Agreement between Synthesis Energy Systems, Inc. and LEAP Development, LLC (October 2, 2016)
Synthesis Energy Systems, Inc. and LEAP Development, LLC have agreed to amend their existing consulting agreement. Effective immediately, the compensation for ongoing consulting services will increase to $15,000 per month for the remaining five months of the agreement, which ends on February 15, 2017. All other terms of the original consulting agreement remain unchanged.
Exhibit 10.2
October 2, 2016
LEAP Development, LLC
11410 Long Pine Drive
Houston, Texas 77077
Re: Amendment of Consulting Agreement
Dear Robert:
This letter constitutes an amendment, effective immediately, to the consulting agreement between you and Synthesis Energy Systems, Inc. (the “Company”) dated effective February 15, 2016 (the “Consulting Agreement”). The compensation to be paid to you for Ongoing Services (as defined in the Consulting Agreement) shall be increased to $15,000 per month for the remainder of the final 5 months of the Consulting Agreement, which ends on February 15, 2017.
This letter does not affect any other terms of the Consulting Agreement. If you have any questions regarding this matter, please let me know.
SYNTHESIS ENERGY SYSTEMS, INC.
/s/ DeLome Fair
DeLome Fair
President and Chief Executive Officer
Acknowledged and Agreed on
October 2, 2016
LEAP Development, LLC
/s/ Robert Rigdon
Robert Rigdon
Managing Member
