Exhibit 10.25 (a)
AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to Employment Agreement is entered into effective December
8, 2004 by and between AspenBio, Inc. (the "Company") and Xxxxx Xxxxx ("Xxxxx").
WHEREAS, the Board of Directors and Xxxxx agree that it is in the best
interests of the Company for Xxxxx to change his employment status from Chief
Executive Officer and President of the Company to Manager of the Antigen
Division. This change will allow Xxxxx to focus his efforts on increasing the
value to the Company of the Antigen Division.
WHEREAS, the parties desire that Xxxxx'x employment agreement effective
September 1, 2004 (the "Agreement") remain in effect, except for the changes in
Xxxxx'x position and duties and the other provisions specifically set forth in
this Amendment.
NOW THEREFORE the parties enter into this Amendment to Employment Agreement
for good and valuable consideration, the sufficiency of which is hereby
acknowledged:
1. Effective immediately, Xxxxx resigns as President of the Company and
will serve as Manager of the Antigen Division of the Company, in which
position he will oversee all internal operations of the antigen
business.
THIS AMENDMENT TO EMPLOYMENT AGREEMENT is effective as of the date first
set forth above.
ASPENBIO, INC.
By ___________________________
Name _________________________
Title ___________________________
XXXXX XXXXX
/s/ Xxxxx Xxxxx
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Xxxxx Xxxxx, Individually
