EXHIBIT 10.20
Amendment to the
Employment Agreement
dated October 21, 2014
between
| 1. | Pieris AG, Lise-Meitner-Str. 30, 85354 Freising, Germany, represented by the Executive board |
- the “Employer” -,
and
| 2. | Dr. Ulrich Moebius, Am Rain 7, 82131 Gauting, Germany |
- the “Employee” -,
- each individually the “Party” and jointly the “Parties” -
The Parties hereby consent as follows:
§3
EFFECTIVE DATE, TERM
| 1. | The employment with Employer shall be concluded until September 30, 2015. |
All other clauses of the initial Employment Agreement remain unaffected.
| Freising, 23 Oct 2014 | Freising, 23 Oct 2014 | |||
| /s/ Stephen S. Yoder |
/s/ Ulrich Moebius | |||
| Employer | Employee | |||