Exhibit 99.1
Private & Confidential | ||||
Franz Walt | ||||
November 2, 2018 |
Dear Franz,
Amendment to Employment Agreement
Further to recent conversations, I am writing to confirm that effective immediately Clause 2.4 (Apartment) of your Employment Agreement dated May 24, 2018 will no longer apply.
In lieu of this Clause, Quotient will pay the incremental costs incurred by you when your wife travels with you to Eysins. For the avoidance of doubt, this includes but is not limited to train fares, car hire, accommodation and subsistence costs.
All other terms and conditions contained in your Employment Agreement dated May 24, 2018 remain the same.
Please confirm your acceptance of these amendments by signing both copies of this letter and returning one copy to the Human Resources department.
Yours sincerely,
/s/ Heino von Prondzynski
Heino von Prondzynski
Chairman
I agree to the changes to the Terms and Conditions of Employment as outlined above
Signature | /s/ Franz Walt | Date | 20, Nov, 2018 |
Quotient Suisse SA | T +41 22 716 98 00 | Business Park Terre B1 | ||
Registered in Switzerland | F +41 22 716 98 01 | Bonne Route de Crassier 13 | ||
No. CHE-167.592.818 | W quotientbd.com | 1262 Eysins, Suisse |