Contract
Exhibit 10.34
Description of Severance Agreement provisions between Boston Biomedica, Inc. and Xxxxxxx X’Xxxxxxxxxxx, Vice President – Information Technology, contained in an internal Boston Biomedica, inc. memorandum dated March 21, 2001 between Xxxxx Xxxxxxx, President and Chief Operating Officer of Boston Biomedica, Inc. and Xxxxxxx X’Xxxxxxxxxxx, Vice President, Information Technology of Boston Biomedica, Inc.:
If Xx. X’Xxxxxxxxxxx is terminated for any reason other than cause, the Company commits that he will receive 3 weeks of severance for every completed year of service. This does not apply to a voluntary termination on Xx. X’Xxxxxxxxxxx’x part.
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