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EXHIBIT 10.31
Amendment No. 1
To
Employment Agreement
The Employment Agreement dated as of March 15, 1994 (the "Agreement"),
by Ascent Pediatrics, Inc. and Xxxxxx Xxxxxxxx is hereby amended as follows as
of this 15th day of March, 1999. Capitalized terms not otherwise defined herein
shall have the meanings set forth in the Agreement.
1. The reference in Section 1 to "March 15, 1999" is hereby
deleted and "March 15, 2000" is hereby substituted in lieu thereof.
2. In all other respects, the Agreement shall remain in full
force and effect, and all references in the Agreement to "this Agreement" shall
mean the Agreement as amended hereby.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as
of the day and year first set forth above.
ASCENT PEDIATRICS, INC.
By: /s/ Xxxx X. Xxx
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Xxxx X. Xxx, President
EMPLOYEE
By: /s/ Xxxxxx Xxxxxxxx
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Xxxxxx Xxxxxxxx
