AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Exhibit 10.2
AMENDMENT TO
AMENDED AND RESTATED EMPLOYMENT AGREEMENT
This
Amendment (this “Amendment”) to the Amended and
Restated Employment Agreement, dated April 19, 2010 (the
“Employment
Agreement”), by and between ChromaDex, Inc., a
California corporation (and a wholly-owned subsidiary of ChromaDex
Corporation) (the “Company”) and Xxxxx X. Xxxxxx, Xx.
(“Executive”),
is entered into as of June 22, 2018 by and among the Company and
Executive. Capitalized terms used herein which are not defined in
this Amendment shall have the meanings as ascribed to them in the
Employment Agreement.
RECITALS
WHEREAS, the Company and Executive have
previously entered into the Employment Agreement; and
WHEREAS, the Company and Executive
desire to amend the Employment Agreement as set forth
herein.
AGREEMENT
NOW, THEREFORE, in consideration of the
foregoing and the promises and covenants contained herein and in
the Employment Agreement, and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the
parties hereto agree as follows:
1. Section
2(a) of the Employment Agreement. The first two sentences of
Section 2(a) (Specific
Positions) of the Employment Agreement are hereby deleted in
their entirety and replaced with the following:
“Commencing
as of June 22, 2018, Employee shall serve as the Executive Chairman
of Employer. Employee shall perform such duties as are customarily
associated with the position of Executive Chairman and such other
duties, commensurate with Employee’s position, as are
assigned to Employee from time to time by the Board of Directors of
Employer (the “Board”).”
2. Exhibit
A to the Employment Agreement. Exhibit A to the Employment
Agreement is hereby deleted in its entirety.
3. Effect
of Amendment. Except as expressly modified by this
Amendment, the Employment Agreement shall remain unmodified and in
full force and effect.
4. Choice
of Law. This Amendment shall be governed by and construed in
accordance with the laws of the State of California.
5. Counterparts.
This Amendment may be executed in two counterparts, each of which
shall be deemed an original, all of which together shall contribute
one and the same instrument.
[Signature
page follows]
IN WITNESS WHEREOF, the parties have
executed this Amendment as of the date first written
above.
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ChromaDex, Inc.
By: /s/ Xxxx Xxxxxxxx
Name: Xxxx Xxxxxxxx
Title: General Counsel & Secretary
Executive
/s/
Xxxxx X. Xxxxxx,
Xx.
Xxxxx X. Xxxxxx, Xx.
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