AMENDMENT TO EMPLOYMENT AGREEMENT
THIS AGREEMENT is made as of April 1, 1999, by and between BioTime,
Inc. (the "Company"), and Xxxx Xxxxxx (the "Employee").
W I T N E S S E T H:
WHEREAS, Employee and the Company desire to amend Employee's Employment
Agreement dated June 1, 1996 ("Employment Agreement");
NOW, THEREFORE, in consideration of the terms and conditions
hereinafter set forth, the parties hereto agree as follows:
Section 5.1.1 of the Employment Agreement is amended to provide that
the Base Salary shall be One Hundred Seventeen Thousand Dollars ($117,000)
during the nine months beginning April 1, 1999; and One Hundred Sixty-Three
Thousand Dollars ($163,000) during the calendar year beginning January 1, 2000.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment to
Employment Agreement as of the day and year first above written.
/s/Xxxx Xxxxxx
EMPLOYEE: _______________________________
Xxxx Xxxxxx
COMPANY: BIOTIME, INC.
/s/Xxxxxx X. Xxxxxx
By: ___________________________
Xxxxxx X. Xxxxxx,
President
/s/Xxxxxx Xxxxxx
By: ___________________________
Xxxxxx Xxxxxx,
Secretary
