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Professional Services Agreement

 

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Title:

Professional Services Agreement

Entities:

CytRx Corp.

Date:

2003

Size:

Preview shows 3KB of 9KB total

Price:

$37

ID:

#298888

 

 

► Services ► Professional Services Agreements
► Biotech & Drugs ► Biological Products

 

 

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PROFESSIONAL SERVICES AGREEMENT

This Professional Services Agreement, dated as of January 29, 2003, is made by and between CytRx Corporation (CytRx), The Kriegsman Group, an institutional division of Financial West Group (TKG), and Kriegsman Capital Group (KCG) with reference to the following facts:

A.

TKG and KCG are wholly owned affiliates of Steven A. Kriegsman.

B.

Pursuant to an agreement dated February 11, 2002 between CytRx and KCG (the Prior Agreement), TKG has been furnishing since July 16, 2002 certain office space (Space) and professional services (Services) to CytRx and CytRx has made payments to KCG for such Space and Services, which payments have been assigned by KCG to TKG.

C.

CytRx and TKG have reviewed the amount of Space and Services that were furnished by TKG to CytRx for the period from July 16, 2002 through November 30, 2002 (the Prior Period) and have determined that an amount in addition to those amounts previously paid by CytRx to KCG should be paid by CytRx to KCG under the Prior Agreement for the Prior Period.

D.

CytRx, TKG and KCG wish to revise and restate the Prior Agreement to provide that the Space and Services are being provided by TKG to CytRx and to cover the payment to be made by CytRx to TKG for Space and Services to be provided to CytRx subsequent to November 30, 2002.

The parties hereby agree as follows:


 

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