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