0000087802-15-000004 Sample Contracts

EXTENSION
Employment Agreement • June 9th, 2015 • Scientific Industries Inc • Laboratory analytical instruments
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Second Amendment to Employment Agreement The Employment Agreement dated May 16, 2013, as amended by the Amendment dated May 21, 2015 (the "Agreement") by and between ALTAMIRA INSTRUMENTS, INC, a Delaware corporation (the "Company"), and BROOKMAN P....
Employment Agreement • June 9th, 2015 • Scientific Industries Inc • Laboratory analytical instruments

The Employment Agreement dated May 16, 2013, as amended by the Amendment dated May 21, 2015 (the "Agreement") by and between ALTAMIRA INSTRUMENTS, INC, a Delaware corporation (the "Company"), and BROOKMAN P. MARCH, who resides at 105 Cambridge Court, Harwick, Pennsylvania 15049 ("March") is hereby amended to provide the term of employment is extended through June 30, 2016, and that the compensation of March to be paid by the Company for the performance of his duties set forth in Paragraph 3 for the year ending June 30, 2015, shall be at the rate of $140,000 per annum and for the year ending June 30, 2016 shall be the greater of (i) $142,800, or (ii) an amount which represents the same percentage increase in the Consumer Price Index for the year ending June 30, 2015 from June 30, 2014 ; and at the sole and absolute discretion of the Board of Directors, the Company may pay March a bonus in addition in recognition of his services and results of the Company's operation for the twelve month

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