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SNT > SEC Filings for SNT > Form 8-K on 29-Jun-2009All Recent SEC Filings

Show all filings for SENESCO TECHNOLOGIES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SENESCO TECHNOLOGIES INC


29-Jun-2009

Entry into a Material Definitive Agreement, Change in Directors or Princ


Item 1.01 Entry Into a Material Definitive Agreement

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.



Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

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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