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AMENDMENT TO EMPLOYMENT AGREEMENT

Employment Agreement Amendment

AMENDMENT TO EMPLOYMENT AGREEMENT | Document Parties: UPSTREAM BIOSCIENCES INC. You are currently viewing:
This Employment Agreement Amendment involves

UPSTREAM BIOSCIENCES INC.

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Title: AMENDMENT TO EMPLOYMENT AGREEMENT
Date: 9/1/2009
Industry: Biotechnology and Drugs     Sector: Healthcare

AMENDMENT TO EMPLOYMENT AGREEMENT, Parties: upstream biosciences inc.
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AMENDMENT TO EMPLOYMENT AGREEMENT

THIS AMENDMENT made effective the 18th day of August, 2009

BETWEEN:

Upstream Biosciences Inc., a company incorporated under the laws of the Province of British Columbia, having its head office at 806-699 Cardero Street, Vancouver, British Columbia V6G 3H7;

(the "Company")

AND:

Dexster Smith ,

(the "Employee")

WHEREAS the Company and the Employee have agreed to amend the terms of the Employment Agreement, dated March 1 st , 2006 (the “Employment Agreement”), to correct a mistake in the severance provisions at paragraph 4.4 of the said agreement which provided for the payment of severance in the event that the Employee was terminated by the Company for cause or in the event that the Employee terminated the Employment Agreement by his resignation, and on the terms and conditions contained herein;

IN CONSIDERATION of the mutual agreements in this Amendment and subject to the terms and conditions specified in this Amendment, the parties agree as follows:

1. All capitalized terms not specifically defined herein have the meanings


 
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