Exhibit
10.08
On May
14, 2010, GenSpera’s Leadership Development and Compensation Committee approved an amendment to
Mr. Richerson’s employment agreement in order to increase his base
salary. Pursuant to the amendment, which is effective as of
January 1, 2010, Mr. Richerson’s Base Salary increased to $220,000 per
year. All other terms of the employment agreement remain unchanged
and in effect.