5th Floor
Exhibit 10.16
| 5th Floor | |
| 0 Xxxx Xxxxx | |
| Leeds | |
| LS1 2JZ |
| Xxxxxxx Xxxxxx | ||
| 0 Xxxxxx Xxxxxx | ||
| St Helens | ||
| Merseyside | ||
| WA10 6LU | 19th July 2021 |
LETTER OF VARIATION No. 2
Dear Xxxxxxx,
Re: SERVICE AGREEMENT DATED 1st November 2017 (“AGREEMENT”)
We are pleased to make the following amendments to the above agreement effective 1st July 2021.
This letter confirms that the following 2 (two) sections of the Agreement are amended in accordance with Section 26 of the Agreement as follows:
Section 4: Duties: is amended
And replaced with
Section 4: Duties
| 4.1 | The Employee shall serve the Company as Vice President (VP) of Finance. |
Section 7: Salary: is amended
And replaced with
Section 7: Salary:
| 7.1 | The Employee shall be paid a salary of £134,200 per annum. |
registered in England and Wales (registered number 08840579).
| 5th Floor | |
| 0 Xxxx Xxxxx | |
| Leeds | |
| LS1 2JZ |
All other sub-sections within Section 7 in the Agreement remain unchanged. All other terms and conditions of the Agreement remain in full force and effect.
| For and on behalf of 4D PHARMA PLC | ||||
| Signed: | Date: | |||
| Name: | Title: | |||
| For and on behalf of XXXXXXX XXXXXX | ||||
| Signed: | Date: | |||
| Name: | Title: | |||
registered in England and Wales (registered number 08840579).
