Biospherics Incorporated Exhibit 10.5.1 ---------- November 17, 1997 Dr. Gilbert V. Levin Chairman, President & CEO Biospherics Incorporated 12051 Indian Creek Court Beltsville, MD 20705 Subject: Amendment to the November 17, 1995, Employment Agreement by and between Gilbert V. Levin and Biospherics Incorporated Dear Gil: This letter will serve to document the unanimous recommendation of the Compensation Committee of Biospherics Incorporated to extend the above referenced agreement to December 31, 1999, and to reflect an annual salary of $205,000, effective January 1, 1998. All other terms and conditions in the agreement remain the same. This recommendation was approved by the Board of Directors of Biospherics Incorporated on November 17, 1997. Very truly yours, /s/ Lionel V. Baldwin Lionel V. Baldwin, Chair Compensation Committee ACKNOWLEDGED AND ACCEPTED: /s/ Gilbert V. Levin - -------------------- Gilbert V. Levin Chairman, President and CEO November 17, 1997 - ----------------- Date