Second Amendment to Shared Services Agreement
Exhibit 10.10
Second Amendment to Shared Services Agreement
This Second Amendment to Shared Services Agreement dated as of August 28, 2012 (the “Effective Date”) and entered into between PositiveID Corporation, a Delaware corporation (“PSID”), and VeriTeQ Acquisition Corporation, a Florida corporation (“VeriTeQ”) is an amendment to the Shared Services Agreement between PSID and VeriTeQ dated January 11, 2012, and as further amended June 25, 2012.
The amendments are as follows:
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1.
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Effective September 1, 2012 the monthly charge for shared services as outlined in Section 1.2(a)(i) of the Shared Services Agreement shall be reduced from $12,000 (twelve thousand and 00/100 dollars) to $5,000 (five thousand and 00/100 dollars).
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All other terms of the Shared Services Agreement dated January 11, 2012, as further amended June 25, 2012, not specifically amended herein shall remain as originally written.
IN WITNESS WHEREOF, the parties have executed this Agreement as of August 28, 2012.
POSITIVEID CORPORATION
| By: |
/s/ Xxxxxxx Xxxxxxx
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| Name: |
Xxxxxxx Xxxxxxx
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| Title: |
Chief Executive Officer
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| Date: | Xxxxxx 00, 0000 |
XXXXXXX ACQUISITION CORPORATION
| By: |
/s/ Xxxxx X. Xxxxxxxxx
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| Name: |
Xxxxx X. Xxxxxxxxx
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| Title: |
Chief Executive Officer
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| Date: | August 28, 2012 |
