Amendment to Employment Agreement

Exhibit 10.9 (iii)

Amendment to Employment Agreement

This Amendment to Employment Agreement is made and entered into effective as of June 6^th, 2006 (the “Effective Date”) by and between TopSpin Medical (Israel) Ltd., of 0 Xxxxxx Xx., Xxxxx Xxxxxxxxxx Xxxx, Xxx, Xxxxxx (the “Company”) and Xxxx Xxxxxxx (I.D 57253007) of 00 Xxxxxxx Xx., Xxxxxxx Yaacov, Israel (“Employee”) .

WHEREAS, the Company and the Employee entered into a certain Employment Agreement dated as of June 3, 2004 as amended (the “Employment Agreement”); and

WHEREAS, the Company and the Employee wish to amend the Employment Agreement in the manner provided below.

NOW, THEREFORE, in consideration of the premises and the mutual promises herein made, and in consideration of the representations, warranties, and covenants herein contained, the parties agree as follows:

1.		All terms not otherwise defined herein, shall have the meaning ascribed to them in the Employment Agreement.
2.		As of May 8, 2006, Employees Salary shall be increased to NIS 43,000 per month.
3.		As of May 8, 2006, Employee’s Salary shall be adjusted in a manner that it shall be linked to the increase of the Consumer Price Index as known at the date of payment quarterly.
4.		All other terms and conditions of the Employment Agreement shall remain unchanged and in full force and effect.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

TopSpin Medical (Israel) Ltd.						Xxxx Xxxxxxx
By:		/s/ Xxxx Xxxxx /s/ Xxxx Xxxxx				/s/ Xxxx Xxxxxxx
Name: Xxxx Xxxxx & Xxxx Xxxxx						Signature:
Title: CEO & CFO