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March 28, 2008 Exhibit 4 ( c) 3
John Robinson
11 McMaster Avenue
Toronto, Ontario
M4V 1A8
Dear Mr. Robinson:
We refer to the consulting agreement dated April 1, 2003 that expired on June 30, 2004 and being extended on a year to year basis. The last extension is up to June 30, 2008.
We also refer to our meeting this morning where you presented us with a proposal for further services for another year at a cost of approx. $82,000 – same as last year and agreed to accept 350,000 common shares of Bontan valued at the market price of US$0.23 or CDN$0.23 – being the market price of the shares on March 28, 2008.
As a result of an assessment of our current requirements, it appears that we will need to retain your services for another year. We therefore confirm that your services contract is extended for another year to June 30, 2009 on the same terms and conditions as outlined in the Agreement dated April 1, 2003, except for the Work Fee (clause 3).
If you accept the terms of our renewal, please sign the enclosed copy of this letter and return it to our office.
Yours truly,
BONTAN CORPORATION INC.
Sd: Kam Shah
Kam Shah, CA CPA
Chief Executive Officer
Chief Financial Officer
AGREED AND ACCEPTED
Sd: John Robinson
_____________________
John Robinson
