SECOND EXTENSION
Scientific Industries, Inc., a Delaware corporation (the "Company), with
offices at 00 Xxxxxxx Xxxxx, Xxxxx 000, Xxxxxxx, Xxx Xxxx 00000, and
Xxxxxx X. Xxxxxx (the "Employee") hereby agree that the Employment
Agreement between the Company and the Employee dated September 13, 2011,
as amended by the Amended Employment Agreement, dated May 20, 2013, and
extended on June 9, 2015, be further extended and amended in the following
particulars only:
1. The period of employment is extended through June 30, 2017.
2. The compensation to be paid to Employee for the period commencing
July 1, 2016 and ending June 30, 2017 shall be $162,000. The Company at
the sole and absolute discretion of the Board may pay to Employee a bonus
for her services during each of the fiscal years ending June 30, 2016, and
June 30, 2017.
All other terms and provisions shall remain in full form and effect.
Dated: May 25, 2016
SCIENTIFIC INDUSTRIES, INC.
By: /s/ Xxxxxx X. Xxxxxxx
_____________________
Xxxxxx X. Xxxxxxx,
Executive Vice President
XXXXXX X. XXXXXX
/s/ Xxxxxx X. Xxxxxx
__________________________
