Exhibit 10.16

| 5th Floor |
| 9 Bond Court |
| Leeds |
| LS1 2JZ |
Richard Avison | | |
7 Huyton Avenue | | |
St Helens | | |
Merseyside | | |
WA10 6LU | | 19th July 2021 |
LETTER OF VARIATION No. 2
Dear Richard,
Re: SERVICE AGREEMENT DATED 1st November 2017 (“AGREEMENT”)
We are pleased to make the following amendments to the above agreement effective 1st July 2021.
This letter confirms that the following 2 (two) sections of the Agreement are amended in accordance with Section 26 of the Agreement as follows:
Section 4: Duties: is amended
And replaced with
Section 4: Duties
4.1 | The Employee shall serve the Company as Vice President (VP) of Finance. |
Section 7: Salary: is amended
And replaced with
Section 7: Salary:
7.1 | The Employee shall be paid a salary of £134,200 per annum. |
registered in England and Wales (registered number 08840579).

| 5th Floor |
| 9 Bond Court |
| Leeds |
| LS1 2JZ |
All other sub-sections within Section 7 in the Agreement remain unchanged. All other terms and conditions of the Agreement remain in full force and effect.
For and on behalf of 4D PHARMA PLC |
| | | | |
Signed: | | | Date: | |
| | | | |
Name: | | | Title: | |
| | | | |
For and on behalf of RICHARD AVISON |
| | | | |
Signed: | | | Date: | |
| | | | |
Name: | | | Title: | |
registered in England and Wales (registered number 08840579).