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| SNT > SEC Filings for SNT > Form 8-K on 29-Jun-2009 | All Recent SEC Filings |
29-Jun-2009
Entry into a Material Definitive Agreement, Change in Directors or Princ
As previously disclosed, effective May 1, 1999, Senesco Technologies, Inc. (the "Company") entered into a consulting agreement for research and development (the "Consulting Agreement") with John Thompson, Ph. D. Dr. Thompson is also member of the Company's Board of Directors (the "Board"). Since that time, the Company has entered into several amendments which extended the term of the Consulting Agreement. Currently, Dr. Thompson receives $5,417, per month under the terms of the Consulting Agreement.
On June 25, 2009, the Compensation Committee approved another extension to the Consulting Agreement for an additional two year term. Accordingly, the effectiveness of the Consulting Agreement was extended until June 30, 2011. No other terms of the Consulting Agreement were amended at this time.
The Company intends to file a copy of the Consulting Agreement as an exhibit to the Company's annual report on Form 10-K.
As disclosed above, the Compensation Committee approved an extension to the Consulting Agreement for an additional two year term for John Thompson, Ph.D, Executive Vice President and Chief Scientific Officer of the Company. Except for the foregoing extension to the Consulting Agreement, no other terms of the Consulting Agreement were amended at this time.
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