Exhibit 10.2


 


SECOND AMENDMENT TO EMPLOYMENT AGREEMENT


 


This Second Amendment (this
“Amendment”) to the Employment Agreement is dated as of June 25, 2021, and effective as of July 1, 2021, and is entered
into by and between Hoth Therapeutics, Inc., a Nevada corporation (the “Corporation”), and Stefanie Johns (the “Employee”).
All capitalized terms used herein but not otherwise defined shall have the meanings set forth in the Employment Agreement (as defined
herein).


 


WHEREAS, on August
28, 2020, the Corporation entered into an employment agreement with the Employee, as amended on January 29, 2021, pursuant to which the
Employee serves as Chief Scientific Officer of the Corporation (the “Employment Agreement”); and


 


WHEREAS, the Corporation
and the Employee desire to amend the Employment Agreement to increase Employee’s salary as set forth herein.


 


NOW THEREFORE, in consideration
of the above, and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto
agree as follows:


 


		1.	Section 4(a) of the Employment Agreement is amended and restated
in its entirety as follows:



 


(a) The Corporation shall pay the Employee
as compensation for her services hereunder, in equal bi-weekly installments during the Term, an annual salary of $265,000.00), less such
deductions as shall be required to be withheld by applicable law and regulations. The Corporation shall review the Base Salary on an annual
basis and has the right but not the obligation to increase it. Employee’s annual rate of base salary, as in effect from time to
time, is hereinafter referred to as the “Base Salary.”


 


		2.	This Amendment shall be for the benefit of and be binding
upon, the parties hereto and their respective successors and assigns. Except
as amended hereby, the terms and provisions of the Employment Agreement shall remain in full force and effect, and the Employment Agreement
is in all respects ratified and confirmed. On and after the date of this Amendment, each reference in the Employment Agreement to the
“Agreement”, “hereinafter”, “herein”, “hereinafter”, “hereunder”, “hereof”,
or words of like import shall mean and be a reference to the Employment Agreement as amended by this Amendment. This Amendment
shall be construed, enforced, and governed under the internal laws of the State of New York, without giving effect to any choice of law
provision or rule of any other jurisdiction. This Amendment may be executed in counterparts, each of which shall be deemed an original
but all of which together will constitute one and the same instrument. Counterpart signature pages to this Amendment transmitted by facsimile
transmission, by electronic mail in portable document format (.pdf), or by any other electronic means intended to preserve the original
graphic and pictorial appearance of a document, will have the same effect as physical delivery of the paper document bearing an original
signature.



 






    


     


    

 


IN WITNESS WHEREOF, the parties hereto have caused
this Amendment to be duly executed as of the date first indicated above.


 


	 	HOTH THERAPEUTICS, INC.
	 	 	 
	 	By:
    	/s/ Robb Knie
	 	 	Name: Robb Knie
	 	 	Title: Chief Executive Officer


 


	 	EMPLOYEE
	 	 
	 	/s/ Stefanie Johns
	 	Stefanie Johns