THE FEMALE HEALTH COMPANY
Exhibit 10.9
THE FEMALE HEALTH COMPANY
000 Xxxxx Xxxxx Xxxxxx, Xxxxx 0000
Xxxxxxx, XX 00000
August 27, 2015
X0000 Xxxxxxxxxx Xxxx
Xxxxxxxxx Xxxxx, XX 00000
Dear Xxxxx:
Reference is made to the Consulting Agreement, dated as of January 1, 2013, as amended (the "Agreement"), between you and The Female Health Company (the "Company"). You have agreed, effective July 14, 2015, to accept a special assignment in the capacity of a director of the Company in reference to oversight of Administration and FC2.
The purpose of this letter agreement is to set forth our agreement regarding the termination of the Agreement effective as of July 14, 2015, now that you have the additional responsibilities pursuant to your special assignment. In that regard, we agree that the Agreement shall be terminated effective as of July 14, 2015, and neither party shall have any further rights or obligations thereunder. We also agree that all compensation paid to you under the Agreement for the period between July 14, 2015 and August 27, 2015, shall be deducted from the compensation payable to you for your special assignment for such period.
If you agree to the foregoing, please so indicate by signing where indicated below.
Yours very truly,
THE FEMALE HEALTH COMPANY
BY /s/ X.X. Xxxxxxx
X.X. Xxxxxxx, Chief Executive Officer
Agreed to as of the date first above written:
/s/ Xxxxx Xxxxx
Xxxxx Xxxxx
