Exhibit 10.1


 





AMENDMENT TO EXECUTIVE EMPLOYMENT
AGREEMENT


 


This Amendment To
Executive Employment Agreement (“Amendment”), effective June 30, 2019, hereby amends the Executive Employment
Agreement (the “Agreement”) dated July 1, 2010, as amended to date, between Reprints Desk, Inc., a Delaware
corporation (the “Company”), Research Solutions, Inc., a Nevada corporation (“Research Solutions”),
and Peter Derycz (“Executive”).


 


WHEREAS, the parties
have complied with the terms of the Agreement until the date hereof; and


 


WHEREAS, the parties
wish to amend the terms of the Agreement.


 


NOW THEREFORE, for
the mutual promises and other consideration described herein, the parties hereto agree as follows:


 


1.       Section
1(d) Term is amended as follows:


 


Term. The term
of employment of Executive by the Company pursuant to this Employment Agreement shall be for the period commencing on the Commencement
Date and ending on June 30, 2020, or such earlier date that Employee’s employment is terminated in accordance with the provisions
of this Employment Agreement.


 


2.       Section
2(a) Base Salary is amended as follows:


 


Base Salary.
In consideration of the services to be rendered under this Agreement, the Company shall pay Executive a salary at the rate of
Three Hundred Sixty Thousand Seven Hundred Dollars ($360,700) per year (“Base Salary”). The Base Salary shall
be paid in accordance with the Company’s regularly established payroll practice. Executive’s Base Salary will be reviewed
from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees
and may be adjusted in the sole discretion of the Company.


 


3.       Section
3(b) Severance is amended as follows:


 


Severance.
Except in situations where the employment of Executive is terminated For Cause, By Death or By Disability (as defined in Section
4 below), in the event that the Company terminates the employment of Executive at any time, Executive will be eligible to receive
an amount equal to six (6) months of the then-current Base Salary of the Executive payable in the form of salary continuation.
Executive’s eligibility for severance is conditioned on Executive having first signed a release agreement in the form attached
as Exhibit A. Executive shall not be entitled to any severance payments if Executive’s employment is terminated For Cause,
By Death or By Disability (as defined in Section 4 below) or if Executive’s employment is terminated by Executive (in accordance
with Section 5 below).


 


Except as expressly
amended or modified herein, all terms and conditions of the Agreement are hereby ratified, confirmed and approved and shall remain
in full force and effect. In the event of any conflict or inconsistency between this Amendment and the Agreement, this Amendment
shall govern.


 






     

     


    

 


This Amendment and
all acts and transactions pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and
interpreted in accordance with the laws of the State of California, without giving effect to principles of conflicts of law.


 


This Amendment may
be executed and delivered by facsimile signature and in two or more counterparts, each of which shall be deemed an original, but
all of which together shall constitute one and the same instrument.


 


 


 


[Signature Page Follows]


 


 




     

     


    

 


IN WITNESS WHEREOF, the parties
have duly executed this Amendment as of the date first written above.


 


 


REPRINTS DESK, INC.:





 


 





	By:	/s/ Alan Urban	 




 


Name and Title: Alan Urban, CFO & Secretary


 





 


 


RESEARCH SOLUTIONS, INC.:


 


 





	By:	/s/ Alan Urban	 





 


Name and Title: Alan Urban, CFO & Secretary


 


 


 


EXECUTIVE:


 


 





	By:	/s/ Peter Derycz	 





 


Name: Peter Derycz