Re: Employment of Leo Pavliv as Senior Vice President, Operations by Cumberland Pharmaceuticals Inc.
EXHIBIT
10.13.1
June 30, 2009
Xxx Xxxxxx
000 Xxxxxxx Xxx
Xxxxxxxxxxx, XX 00000
000 Xxxxxxx Xxx
Xxxxxxxxxxx, XX 00000
Re:
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Employment of Xxx Xxxxxx as Senior Vice President, Operations by Cumberland Pharmaceuticals Inc. |
Dear Xxx:
Beginning July 1, 2009, this letter agreement, in consideration of your existing employment
contract effective January 1, 2009 (the “Agreement”), amends your appointment to Senior Vice
President, Operations and sections 1(a).of Compensation as follows:
1.(a) The Company agrees to pay you on a salary basis for services performed based on an
annual rate of two hundred sixty-six thousand dollars ($266,000.00), payable in arrears in equal
monthly installments on the last day of each calendar month during the term of this Agreement.
Sincerely yours, | ||||
CUMBERLAND PHARMACEUTICALS INC. | ||||
By: | /s/ X.X. Xxxxxx | |||
X.X. Xxxxxx Chief Executive Officer |
Accepted as of the 9th day of July, 2009. | ||
/s/ Xxx Xxxxxx |
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Xxx Xxxxxx |