EX-10 3 crem16.txt CREMONESE AGREEMENT February 8, 2017 Mr. Joseph Cremonese PO Box 1907 Greensburg, PA 15601 Dear Joe: Please confirm your agreement by signing where indicated below and returning a copy of this letter that the term of your engagement and the engagement of Laboratory Innovation Company, Ltd (collectively, the "Consultants") pursuant to the Fifth Amended and Restated Consulting Agreement dated January 20, 2012, as amended and/or extended to date (the "Agreement"), with Scientific Industries, Inc. (the "Company") is hereby further extended to December 31, 2017, subject to earlier termination by written notice by either the Company or the Consultants delivered to the other party at least 60 days prior to the termination date set forth in the written notice. There are no other changes to the Agreement. Scientific Industries, Inc. By: /s/ Helena R. Santos _____________________ Helena R. Santos President and CEO Acknowledged and Agreed to: Joseph G. Cremonese /s/ Joseph G. Cremonese ___________________________________ Laboratory innovation company, ltd /s/ Joseph G. cremonese By:____________________________ Joseph G. Cremonese