Exhibit 10.14
June 6, 2003
Xx. Xxxxxx Xxxxxxxxx
CytRx Corporation
00000 Xxx Xxxxxxx Xxxx.
Xxxxx 000
Xxx Xxxxxxx, XX 00000
Dear Xxxxx:
This letter will memorialize our agreement to modify the Engagement Agreement
between CytRx Corporation and Xxxxxxxx Capital Corp. dated May 16, 2003. The
Fees and Expenses section of the Engagement Agreement, subsection (a), is hereby
amended to delete the provision that provides for the crediting of any retainer
amounts against any fees to be paid to Xxxxxxxx Capital Corp. under the
Agreement.
Please signify your agreement by executing this letter in the space provided
below.
Sincerely,
/s/ Xxxxxx X. Xxxxxxxx
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Xxxxxx X. Xxxxxxxx
President and CEO
Xxxxxxxx Capital Corp.
Agreed and Accepted:
CYTRX CORPORATION
By: /s/ Xxxxxx X. Xxxxxxxxx
------------------------
Title: P/CEO
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Date: 6-17-03
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