EXHIBIT 10.40.2
April 30, 1998
Xxxxxx X. Xxxxxxx, M.D.
000 Xxxxxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
Re: AGREEMENT DATED AS OF MARCH 4, 1996, AS AMENDED (THE "AGREEMENT")
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Dear Xx Xxxxxxx:
The purpose of this letter is to confirm our arrangements to extend your
consulting relationship with U.S. Bioscience by modifying the Agreement in
certain respects, as follows. All capitalized terms used, and not otherwise
defined, herein are used as defined in the Agreement.
As provided in the Agreement, your Consulting Term would terminate on May 31,
1998. We are very pleased that you have agreed with U.S. Bioscience to extend
the Consulting Term for an additional year, through May 31, 1999.
Except as modified by this letter, the parties agree that the Agreement is
confirmed to be and shall remain in full force and effect.
Please indicate your acceptance of the terms set forth in this letter in the
space provided below and return it to me. An additional executed copy of this
letter is enclosed for your file.
Sincerely yours,
U.S. Bioscience, Inc.
By: /s/ C. Xxxx Xxxxxx
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C. Xxxx Xxxxxx
President and Chief Executive Officer
Xxxxxx X. Xxxxxxx, M.D.
April 30, 1998
Page 2
Accepted and agreed as of the 30th day of April, 1998:
/s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx, M.D.