0001390478-16-000142 Sample Contracts

Second Amendment to Employment Agreement
Employment Agreement • August 22nd, 2016 • Galena Biopharma, Inc. • Pharmaceutical preparations

This second amendment (“Second Amendment”) to the Employment Agreement by and between Galena Biopharma. Inc. and Bijan Nejadnik, M.D. dated November 2, 2015 (“Employment Agreement”), is hereby amended by deleting Section 5.2 and substituting the following provision:

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August 22, 2016 Mr. John Burns Dear Mr. Burns:
Severance Agreement • August 22nd, 2016 • Galena Biopharma, Inc. • Pharmaceutical preparations

This Severance Agreement (“Agreement”) establishes the terms of your continued employment with Galena Biopharma, Inc. (“Galena” or “Company”), as the Company seeks to develop a new strategic direction after the termination of the NeuVax PRESENT Trial.

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