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CRDENTIA CORP. AMENDMENT TO BONUS AND OTHER AGREEMENT

Employee Bonus Plan Agreement

CRDENTIA CORP.   AMENDMENT TO BONUS AND OTHER AGREEMENT | Document Parties: CRDENTIA CORP | James D. Durham You are currently viewing:
This Employee Bonus Plan Agreement involves

CRDENTIA CORP | James D. Durham

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Title: CRDENTIA CORP. AMENDMENT TO BONUS AND OTHER AGREEMENT
Governing Law: Texas     Date: 11/21/2005

CRDENTIA CORP.   AMENDMENT TO BONUS AND OTHER AGREEMENT, Parties: crdentia corp , james d. durham
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Exhibit 10.4

 

CRDENTIA CORP.

 

AMENDMENT TO BONUS AND OTHER AGREEMENT

 

This Amendment to Bonus and Other Agreement (this “Amendment”) is made effective as of November 17, 2005 by and among Crdentia Corp., a Delaware corporation (the “Company”) and James D. Durham (the “Executive”).

 

RECITALS

 

A.                                    The Company and the Executive are parties to a Bonus and Other Agreement dated December 31, 2003 (the “Agreement”).

 

B.                                      The Company and the Executive desire to amend certain terms of the Agreement.

 

In consideration of the foregoing and the promises and covenants contained herein and other good and valuable consideration the receipt of which is hereby acknowledged, the parties hereto agree as follows.  Any capitalized terms not otherwise defined herein shall have the meanings given such terms in the Agreement:

 

1.                                        Amendment to Section 2 of the Agreement .

 

Section 2 of the Agreement shall be amended and restated to read as follows:

 

“2.                                  The Executive shall be entitled to receive bonus payments on December 31, 2008 in the amount of $540,000 and on January 4, 2009 in the amount of $540,000.  The payment of the bonuses shall not be affected by the termination for any reason (includi


 
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