1
EXHIBIT 10.24
September 21, 1995
Xx. Xxx X. Xxxxx and Xxxxxx Sciences Pty. Ltd.
President and COO 0 Xxxxxxx Xxxxxx
Xxxxxx Sciences Inc. Lane Cove XXX 0000
000 Xxxxx Xxxxxx Xxxx
Xxx Xxxxx, XX 00000-0000
Xxxxxx Xxxxxx of America
Re: Service Agreement
Dear Sir:
This is to confirm our recent agreement to modify my salary and to extend the
term of my engagement as Vice President, Worldwide Sales, of Xxxxxx Sciences
Inc. and Managing Director and Chief Operating Officer of Xxxxxx Sciences Pty.
Ltd.
The terms of my service will continue to be governed by the Service Agreements
dated June 19, 1984, as amended by letter agreement dated February 28, 1993,
with the exceptions that: (1) effective August 1, 1995, my service also
includes my engagement as Vice President, Worldwide Sales, of Xxxxxx Sciences
Inc.; (2) the term of the appointment provided for in Clause 1 shall be
extended through July 31, 1998, and (3) my salary effective August 1, 1995,
will be US$140,000 per annum.
Would you please indicate your agreement to this by signing at the foot of this
letter where indicated and returning the original to me.
Yours faithfully,
/s/ X.X. Xxxxx
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X.X. Xxxxx
Agreed: /s/ Xxx X. Xxxxx Agreed: /s/ Xxxxx X. Xxxxxxxxxx
-------------------------------- -----------------------------
Xxxxxx Sciences Inc. Xxxxxx Sciences Pty. Ltd.
Per: Xxx X. Xxxxx Per: Xxxxx X. Xxxxxxxxxx
President & COO Director
Dated: 9/21/95 16.1.96
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