AMENDMENT NO. 5 TO EMPLOYMENT AGREEMENT
Exhibit 10.2
AMENDMENT NO. 5 TO EMPLOYMENT AGREEMENT
This Amendment No. 5 to Employment Agreement (this "Amendment") is entered into as of June 1, 2020 by and between ▇▇▇▇ ▇▇▇▇▇▇▇ ("▇▇▇▇▇▇▇") and Axogen, Inc. ("Axogen").
WHEREAS, ▇▇▇▇▇▇▇ and Axogen entered into that certain Employment Agreement dated October 1, 2011, as amended (the "Agreement"), for the employment of ▇▇▇▇▇▇▇;
NOW, THEREFORE, in consideration of the foregoing and for other consideration, the receipt and sufficiency of which are hereby acknowledged, ▇▇▇▇▇▇▇ and Axogen agree that the Agreement is hereby amended as follows:
1. |
Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement. |
2. |
Schedule 1, Section 1 is replaced as follows: Axogen hereby employs Employee as Special Counsel, which title may change at Axogen’s discretion. |
3. |
Schedule 1, Section 2 (a) will be restated as follows: |
(a) |
Description of Duties. Employee shall perform all duties in connection with Employee’s position, or as otherwise designated by Axogen, including, without limitation, the following duties: |
o |
Transitioning responsibilities to, and supporting, the Company’s General Counsel. |
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Supporting the organization as to general legal needs. |
4. |
Schedule 1, Section 2 (b) will be restated to provide that Employee shall report to the General Counsel of AXOGEN. |
IN WITNESS WHEREOF, the parties hereunto have executed this Amendment as of the date first written above.
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▇▇▇▇▇▇▇: |
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By: |
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ |
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▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ |
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AXOGEN: |
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AXOGEN, INC |
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By: |
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ |
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Name: |
▇▇▇▇▇ ▇▇▇▇▇▇▇ |
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Title: |
Chairman, CEO and President |