0000320017-15-000022 Sample Contracts

February 5, 2015 Catherine Vaczy #11C New York, New York 10016 Dear Catherine:
Separation Agreement and General Release • April 30th, 2015 • NeoStem, Inc. • Services-misc health & allied services, nec • New York

This letter serves as an amendment (the “Amendment”) to your employment agreement dated as of January 26, 2007 (the “2007 Agreement”), as thereafter amended by amendments on January 9, 2008, August 29, 2008, reinstated and extended on July 8, 2009, extended on July 7, 2010, extended on January 6, 2012, extended on November 12, 2012, extended on July 12, 2013, amended on March 11, 2014, amended on August 4, 2014, further extended on October 27, 2014 and amended on January 2, 2015 (the 2007 Agreement as so amended and extended, the “Employment Agreement”) with respect to your service to the Company as its General Counsel. Except as set forth herein, the Employment Agreement shall remain unchanged. Initially capitalized terms used herein but not defined shall have the meaning set forth in the Employment Agreement.

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January 2, 2015 Catherine M. Vaczy, Esq.
NeoStem, Inc. • April 30th, 2015 • Services-misc health & allied services, nec
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