EXHIBIT 10.8
CEDARS-SINAI LETTERHEAD
June 21, 2004
Xxxxxx Systems, Inc.
c/o 000 Xxxxx Xxxxxx Xxxxx Xxxx, Xxxxx 0000
Xxx Xxxxxxx, XX 00000
Attention: Xxxxx Xxxxx, M.D., Ph.D.
President and Chief Scientific Officer
Re: Contract - Xxxxxx Technologies, Inc. (Employee Loan-Out Agreement)
(Third Amendment)
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Dear Xx. Xxxxx:
1. Section 1.1 of the Agreement, is hereby amended in its entirety to read
in full as follows:
1.1 Term. The term of this Agreement ("Term") shall commence on the
date set forth above ("Commencement Date"), and shall continue
through June 30, 2005, unless sooner terminated as provided herein.
2. Exhibit "B" to the Agreement is hereby deleted in its entirety, and
replaced with the Exhibit "B" attached herewith.
3. All other provision of the Agreement shall remain in full force and
effect.
Xxxxxx Systems, Inc.
June 21, 2004
Page 2
If this Third Amendment is acceptable to you, please return a signed copy
of it to Cedars-Sinai Medical Center, Legal Affairs Department, 0000 Xxxx Xxxxx
Xxxxxx, Xxxxx 000, Xxx Xxxxxxx, Xxxxxxxxxx 00000, Attention: Paralegal Analyst,
at your earliest convenience.
Sincerely yours,
CEDARS-SINAI MEDICAL CENTER,
a California nonprofit public
benefit corporation
By:/s/ Xxxxxx Xxxxxx, M.D.
-----------------------
Xxxxxx Xxxxxx, M.D.
Senior Vice President
for Academic Affairs
By:/s/ Xxxxxxx X. Xxxxxxx
-----------------------
Xxxxxxx X. Xxxxxxx
Vice President for
Academic Affairs
ACKNOWLEDGED AND AGREED TO
EFFECTIVE THIS 30 DAY OF JUNE, 2004
XXXXXX SYSTEMS, INC.,
a Delaware corporation
By: /s/ Xxxxx Xxxxx, M.D., Ph.D.
----------------------------
Xxxxx Xxxxx, M.D., Ph.D.
President & Chief Scientific Officer
EXHIBIT "B"
TIME PERIOD AND WORK HOURS SCHEDULE
-----------------------------------
Xxxxxx Systems, Inc.
Employee Loan-Out Agreement
Time Period Number Five
FY 2005: July 1, 2004 to June 30, 2005
NAME COMPANY $ EQUIVALENT MEDICAL CENTER $ EQUIVALENT
----------------------------- ------------- ------------------ ------------------ ------------------
Xxxxx Xxxxx 100% $161,360 0% $-
Xxxxx Xxxxxxx 100% $56,779 0% $-
Xxxxxx Xxxxxxxxxx 80% $32,702 20% $8,176
Xxxxxx Xxxxxxxxxx 100% $32,048 0% $-
