Lipella raises CEO and CMO salaries by $50k each

LIPELLA PHARMACEUTICALS INC.

CEO Jonathan Kaufman annual base salary increased by $50,000 to $233,300 effective August 4, 2023.
CMO Michael Chancellor annual base salary increased by $50,000 to $225,000 effective August 4, 2023.
Both amendments executed on August 4, 2023; all other terms of existing employment agreements remain unchanged.
The salary increases are reflected in amendments to employment agreements originally dated July 17, 2020.

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