OIS 221 Lathrop Way, Suite I Sacramento, CA 95815 USA www.oisi.com main 088.338.8436 fax 916.646.0207
Exhibit
10.31
|
XXX
000
Xxxxxxx Xxx, Xxxxx X
Xxxxxxxxxx, XX
00000
XXX
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xxx.xxxx.xxx
main 000.000.0000
fax 000.000.0000
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October
30, 2009
VIA
Facsimile and mail
Xxxxxxxx
X. Xxxxxxxx
000
Xxxxxxx Xxxxxx
Elmhurst,
ILL 60126
Re: Ophthalmic Imaging Systems Board
Membership – Addendum 1
Dear
Xxxxxxxx:
The
following has been changed to your OIS Board Membership Agreement dated August
31, 2007 to outline your new compensation structure:
Effective
October 1, 2009,
The
Company will pay an annual retainer in the amount of $20,000, payable in
4 equal quarterly installments of $5,000. The
Company will also reimburse for travel expenses according to the Company’s
travel policy.
Please
indicate your formal acceptance of the foregoing by signing and dating where
indicated below. At your earliest convenience, please return via
facsimile the executed copy of page 2 to the attention of Xx. Xxx Xxxxx at the
Company’s offices at (000) 000-0000.
Again,
thank you for your continued efforts as a board member during this very exciting
time for the Company.
Very
truly yours,
/s/ Uri Ram
Uri
Ram
Chairman
of the Board of Directors
Approved:
/s/ Xxxxxxxx X.
Xxxxxxxx
Xxxxxxxx
X. Xxxxxxxx
Date :
11/9/09
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