1
[UNIMED LETTERHEAD]
July 23, 1996
Xx. Xxxx X. Xxxxxx
X.X. Financial Enterprises, Inc.
000 Xxxx Xxxxxxxx Xxxxx, Xxxxx 000
Xxxx Xxxxxx, XX 00000
Re: Consulting Agreement
Dear Xx. Xxxxxx:
As per our recent Board of Directors meeting, this will confirm our mutual
agreement to renew that certain Consulting Agreement entered into between X.X.
Financial Enterprises, Inc. and Unimed Pharmaceuticals, Inc. (formerly known as
Unimed, Inc.) dated as of March 27, 1991 (the "Agreement"). Notwithstanding the
terms of Section 3 of such Agreement, we agree that the Agreement shall be
renewed and shall continue until March 27, 1997, unless earlier terminated
pursuant to Section 6 of the Agreement.
If you are in agreement with the foregoing, please sign in the space provided
below and return one copy of this letter agreement.
Sincerly yours,
By: /s/ Xxxxxxx X. Xxxxx
--------------------
Xxxxxxx X. Xxxxx
Its: President & CEO
SMS/so
Agreed to:
X. X. Financial Enterprises, Inc.
By: /s/ Xxxx X. Xxxxxx
------------------
Xxxx x. Xxxxxx
Its: President
