0001144204-18-014234 Sample Contracts

AMENDMENT NO. 1 TO THE EMPLOYMENT AGREEMENT Executed on this 10 day of July, 2017
Employment Agreement • March 13th, 2018 • Galmed Pharmaceuticals Ltd. • Pharmaceutical preparations

THIS AMENDMENT (the “Amendment”) to the Employment Agreement dated 23 December, 2013 (the “Employment Agreement”) is entered into this 1 day of January, 2017 (the “Effective Date”), by and between Galmed Research and Development Ltd., private company number 514983196 having its place of business at Tiomkin 16, Tel-Aviv 6578317, Israel (the “Company”), and Mr. Allen Baharaff, I.D. No 059100818, residing at 7 Hayutman Street, Tel-Aviv, Israel (the “Executive”).

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