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

Effective August 31, 2009, Ram Nimmagudda, Ph.D., joined Spherix Incorporated as Director of New Business Development. Dr. Nimmagudda will have direct responsibility for acquiring all new business for both of Spherix's subsidiaries
- Spherix Consulting, Inc. and Biospherics Incorporated. A copy of Dr. Nimmagudda's employment contract is attached here as Exhibit 9.1.

Dr. Nimmagudda will earn an annual base salary of $200,000 with the opportunity to earn annual bonuses up to 40% of his annual base salary. In addition, he has been provided a one-time signing bonus (consisting of both cash and Spherix stock) and is eligible for reimbursement of relocation costs as pre-approved by Spherix. If Dr. Nimmagudda's employment is terminated without cause or in connection with a change of control, he will be entitled to severance payments for a six months period consisting of continued payments of his then-current salary.