AMENDMENT TO EMPLOYMENT AGREEMENT
Exhibit 10.2
AMENDMENT TO EMPLOYMENT AGREEMENT
AMENDMENT AGREEMENT dated this 31st day of December, 2012 between Titan Pharmaceuticals, Inc. (the “Company”) and Xxxxx Xxxxxxx (“Executive”).
WHEREAS, the Company and Executive are parties to an employment agreement dated May 16, 2009 (as amended by agreements dated February 17, 2010, June 15, 2010, December 27, 2010 and December 30, 2011, the “Agreement”); and
1. Effective Date. The effective date of this Amendment Agreement is January 1, 2013.
2. Trigger Date. The term Trigger Date as used in the Agreement shall be changed to December 31, 2013.
3. Miscellaneous. Except as expressly amended by this Amendment Agreement, the Agreement remains in full force and effect.
TITAN PHARMACEUTICALS, INC. | ||
By: | /s/ Xxxx Xxxxx | |
Name: Xxxx Xxxxx | ||
Title: Executive Chairman |
EXECUTIVE |
/s/ Xxxxx Xxxxxxx |
Name: Xxxxx Xxxxxxx |