RE: Chairmanship Agreement Dear Mark:Leuchtenberger • May 6th, 2014 • Xenetic Biosciences, Inc. • Pharmaceutical preparations
This is to confirm the terms of Your proposed appointment on May 1, 2014 (the "Effective Date") as a non-employee Non-Executive Chairman of Xenetic Biosciences, Inc. (the "Company"), which appointment is contingent upon the Board of Directors of the Company (the "Board") appointing You as Chairman of the Board, which is anticipated to occur shortly after the completion and signing of this Letter Agreement (the "Agreement").
