EMPLOYMENT SEPARATION AGREEMENT AND GENERAL RELEASE
Exhibit 10.1
EMPLOYMENT SEPARATION AGREEMENT
AND GENERAL RELEASE
AND GENERAL RELEASE
This Employment Separation Agreement and General Release (“Separation Agreement”) is entered
into by and between Xxxxxx Xxxxxxxxx, Ph.D. (Xx. Xxxxxxxxx), an individual, and Pharmion
Corporation (“Pharmion” or “Company”), and shall become effective on the Effective Date as defined
in Section 18 below. Xx. Xxxxxxxxx and Pharmion may be collectively referred to herein as the
“Parties.”
RECITALS
A. Xx. Xxxxxxxxx has been employed by Pharmion since January 1, 2000 as Executive Vice
President and Chief Operating Officer and, since that date, has served as a member of the board of
directors of the Company (the “Board”).
B. Xx. Xxxxxxxxx and Pharmion are also parties to an employment agreement dated January 1,
2000 and amended March 1, 2004.(the “Employment Agreement”).
C. In conjunction with entering into the Employment Agreement, Xx. Xxxxxxxxx also entered into
and agreed to comply with the Confidential Information and Invention Assignment Agreement which is
attached to the Employment Agreement as Attachment A (the “Confidential Information Agreement”).
D. The Parties have mutually determined that Xx. Xxxxxxxxx shall resign from her position of
employment with Pharmion and her position as member of the Board effective April 1, 2006. While
neither Xx. Xxxxxxxxx nor Pharmion believes that there are any disputes or legal issues arising out
of Xx. Xxxxxxxxx’x resignation, they wish to ensure that their separation is completely amicable
and free from the uncertainty that potential legal claims might create.
E. Pharmion is willing to provide Xx. Xxxxxxxxx with certain severance benefits in
consideration for her release of any and all claims she may have against Pharmion. Xx. Xxxxxxxxx
is willing to release any and all claims that she may have against Pharmion in consideration of her
receipt of certain severance benefits. The Parties are thus entering into this Separation
Agreement to formalize the terms of the agreement between the Parties concerning the release of
claims and the payment of severance benefits.
COVENANTS
In consideration of the mutual covenants and promises set forth in this Separation Agreement,
including Xx. Xxxxxxxxx’x release of claims, the Parties agree as follows:
1. Termination of Employment Relationship. Xx. Xxxxxxxxx’x employment relationship
with Pharmion and membership on the Board terminated effective as of April 1, 2006 (the “Separation
Date”). Xx. Xxxxxxxxx acknowledges that she has received payment of all wages and compensation,
including payment of accrued vacation benefits, if any, that she earned up through the Separation
Date.
2. Severance Benefits. As part of the consideration for the mutual covenants and
promises contained in this Separation Agreement, including Xx. Xxxxxxxxx’x general release of
claims and covenant not to xxx, Xx. Xxxxxxxxx will be eligible to receive the following severance
benefits:
x. Xxxxxxxxx Pay. Xx. Xxxxxxxxx will be eligible to receive severance pay
(“Severance Pay”) equivalent to 24 months of Xx. Xxxxxxxxx’x monthly base compensation. The
Severance Pay will be subject to all required deductions and tax withholdings. The
Severance Pay will be paid in a lump sum payment to Xx. Xxxxxxxxx no later than ten (10)
business days after the Effective Date of this Separation Agreement as defined in Section 18
below.
b. COBRA Insurance Premiums. For purposes of the Consolidated Omnibus Budget
Reconciliation Act, the applicable COBRA period (typically 18 months) began on April 16,
2006. Pursuant to the terms and conditions of COBRA and Pharmion’s group medical, dental
and vision insurance plans, Xx. Xxxxxxxxx may continue her participation in Pharmion’s
medical, dental and vision insurance plans for the applicable COBRA period by making
required COBRA payments. Xx. Xxxxxxxxx acknowledges that Pharmion has provided her with a
COBRA notification setting forth her rights and responsibilities with respect to COBRA
coverage. As part of the consideration for the mutual covenants and promises contained in
this Separation Agreement, including Xx. Xxxxxxxxx’x release of claims and promise not to
xxx, should Xx. Xxxxxxxxx timely elect to continue medical, dental and vision insurance
coverage pursuant to COBRA, Pharmion agrees to pay Xx. Xxxxxxxxx’x COBRA monthly premiums
for such coverage for the period beginning April 16, 2006 and ending October 15, 2007.
Pharmion will make the COBRA premium payments directly to the COBRA administrator.
Notwithstanding the foregoing, Pharmion’s obligation to pay COBRA premiums on behalf of Xx.
Xxxxxxxxx shall terminate immediately upon Xx. Xxxxxxxxx becoming eligible for comparable
insurance benefits provided through a new employer.
c. Outplacement Assistance. Pharmion will pay the fee associated with Xx.
Xxxxxxxxx’x participation in a six month long outplacement assistance program to be provided
by Right Management Consultants.
3. Stock Options. The stock options that were granted to Xx. Xxxxxxxxx by Pharmion
under the Pharmion Corporation 2000 Stock Incentive Plan shall continue to be governed and
controlled by the terms and conditions of the various stock option agreements under which Xx.
Xxxxxxxxx’x stock options were granted and the Pharmion Corporation 2000 Stock Incentive Plan.
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4. Xx. Xxxxxxxxx’x General Release and Covenant Not to Xxx. Xx. Xxxxxxxxx, for
herself, her heirs and assigns, does hereby release and discharge Pharmion and its present, past
and future subsidiaries, divisions, parent and affiliated companies, and their respective
shareholders, directors, officers, employees, agents, insurers and attorneys (collectively referred
to hereafter as the “Pharmion Released Parties”), of and from, and promises not to xxx or assert
against the Pharmion Released Parties, for any purpose, all claims, causes of action, damages,
losses, liabilities and demands whatsoever including, but not limited to, any claim arising from or
related to Xx. Xxxxxxxxx’x employment with Pharmion and the termination of such employment;
provided, however, nothing herein shall be deemed to release Pharmion from its obligations under
Delaware law and its By-Laws to defend and indemnify Xx. Xxxxxxxxx from costs, claims and
liabilities as a result of her service as a director, officer and employee of Pharmion. This
release includes, but is not limited to, all matters which may arise under common law or under
federal, state, or local laws, including, but not limited to, all claims based upon or relating to
the Employment Agreement and all claims arising under the Age Discrimination in Employment Act, as
amended, 29 U.S.C. §§ 621, et seq. (“ADEA”), Title VII of the Civil Rights Act of 1964, as amended,
the Civil Rights Act of 1991, and the Americans with Disabilities Act of 1990. Xx. Xxxxxxxxx
understands and agrees that her release of claims under this Separation Agreement extends to all
claims of every nature and kind, known and unknown, suspected or unsuspected, presently existing or
which may arise in the future caused by or resulting from or attributable to any act or omission of
the Pharmion Released Parties occurring prior to Xx. Xxxxxxxxx’x execution of this Separation
Agreement. Pharmion understands and agrees that Xx. Xxxxxxxxx is not waiving any right or claim
which may arise after the date she executes this Separation Agreement which is based upon any act
or omission of Pharmion or the Pharmion Released Parties occurring after her execution of this
Separation Agreement.
5. Xx. Xxxxxxxxx’x Acknowledgment Concerning Release of ADEA Claims. Xx. Xxxxxxxxx
expressly acknowledges and agrees that, by entering into this Separation Agreement, she is waiving
any and all rights or claims that she may have under the Age Discrimination in Employment Act of
1967 (“ADEA”), as amended, which have arisen on or before the date of her execution of this
Separation Agreement. Xx. Xxxxxxxxx further expressly acknowledges and agrees that:
a. In exchange for Xx. Xxxxxxxxx’x waiver of any and all rights or claims under the
ADEA arising on or before the date of her execution of this Separation Agreement, she will
receive consideration in addition to any consideration which she was already entitled to
receive before executing this Separation Agreement;
b. With the advice of the Company, Xx. Xxxxxxxxx has had a reasonable opportunity to
consult with an attorney of her choice and at her expense prior to her execution of this
Separation Agreement;
c. A copy of this Separation Agreement was delivered to Xx. Xxxxxxxxx on or before
April 1, 2006 and she was informed in writing by this Separation Agreement that she has
twenty-one (21) days within which to consider the Separation Agreement;
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d. If Xx. Xxxxxxxxx executes this Separation Agreement prior to the expiration of the
21-day period mentioned above, she voluntarily does so thereby waiving the 21-day period;
and
e. Xx. Xxxxxxxxx was informed that she has seven (7) days following her execution of
this Separation Agreement in which to revoke the Separation Agreement.
6. Continuing Obligations Under the Confidential Information Agreement.
a. Xx. Xxxxxxxxx understands and agrees that notwithstanding the termination of her
employment relationship with Pharmion, she remains subject to the terms and conditions of
the Confidential Information Agreement and agrees to comply in all respects with her
obligations under the Confidential Information Agreement.
b. Notwithstanding any provisions in this Separation Agreement to the contrary,
Pharmion’s obligation to provide the severance benefits specified in Section 2 above
(including the Severance Pay, payment of Xx. Xxxxxxxxx’x COBRA premiums, and payment of the
fee associated with Xx. Xxxxxxxxx’x participation in the outplacement assistance program),
and Xx. Xxxxxxxxx’x right to receive such severance benefits shall cease and be rendered a
nullity immediately should Xx. Xxxxxxxxx fail to comply in all respects with her obligations
under this Separation Agreement or her obligations under the Confidential Information
Agreement.
7. Return of Pharmion Property; Termination Certification. Xx. Xxxxxxxxx represents
and affirms that she has returned to Pharmion all Pharmion property in her possession or control
including, but not limited to, such items as corporate credit cards, keys, equipment on loan,
files, documents, computer hardware and software, computer accessories, manuals, notebooks, and all
other corporate property belonging to Pharmion. Xx. Xxxxxxxxx further represents and affirms that
she has accurately completed and returned to Pharmion the Termination Certification, which is
attached as Exhibit B to the Confidential Information Agreement.
8. Non-Disparagement. In consideration for the covenants and promises contained in
this Separation Agreement, Xx. Xxxxxxxxx agrees not to disparage or otherwise make negative
statements or comments about or relating to Pharmion, the Pharmion Released Parties, or Pharmion’s
products and services.
9. Confidentiality. Xx. Xxxxxxxxx agrees that the terms and conditions of this
Separation Agreement shall remain confidential as between the Parties. With the exception of her
legal and financial advisors and family members, each of whom shall be advised of and be required
to adhere to this Separation Agreement’s confidentiality requirement, and except as required by
legal process or a legal obligation to give testimony, and except as necessary to enforce one or
more terms of this Separation Agreement, Xx. Xxxxxxxxx shall not disclose the terms and conditions
of this Separation Agreement to any person. Without limiting the generality of the foregoing, Xx.
Xxxxxxxxx specifically agrees that she shall not disclose any information regarding this Separation
Agreement to any current, former or future employee of Pharmion without first obtaining Pharmion’s
written consent.
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10. Opportunity to Review and Consider Separation Agreement. Xx. Xxxxxxxxx
acknowledges that a copy of this Separation Agreement was delivered to her on or before April 1,
2006, and that she has been given a period of 21 calendar days to review, analyze and consider this
Separation Agreement before signing it. Xx. Xxxxxxxxx further acknowledges that he/she understands
this Separation Agreement in its entirety.
11. Right to Revoke Separation Agreement. Xx. Xxxxxxxxx may revoke this Separation
Agreement, and, in particular, may revoke her waiver of any and all rights or claims under the ADEA
arising on or before the date of her execution of this Separation Agreement, during the seven (7)
days following her execution of this Separation Agreement. Any revocation of this Separation
Agreement must be in writing and hand-delivered (or delivered via certified mail) during the
revocation period to Xxx Xxxxxxxx, Vice President Human Resources, Pharmion Corporation.
12. Entire Agreement; Counterparts; Facsimile Signatures. This Separation Agreement,
and the attached Confidential Information Agreement, constitute and continue the entire agreement
and understanding between the Parties concerning Xx. Xxxxxxxxx’x employment with Pharmion, the
termination of such employment, and the other subjects addressed herein. This Separation Agreement
may not be modified or terminated by Xx. Xxxxxxxxx or Pharmion unless both Xx. Xxxxxxxxx and
Pharmion execute a subsequent written agreement terminating or modifying this Separation Agreement.
This Separation Agreement may be executed in counterparts, each of which shall be deemed an
original instrument, but all of which taken together will constitute a complete instrument.
Signatures by facsimile will be deemed to be original signatures for all purposes.
13. Severability. If any provision of this Separation Agreement or any application
thereof is held invalid, the invalidity shall not affect other provisions or applications of this
Separation Agreement which can be given effect without the invalid provision or application. To
this end, the provisions of this Separation Agreement are declared to be severable.
14. Governing Law. This Separation Agreement and the rights and obligations of the
Parties hereunder shall be governed by and construed in accordance with the laws of the State of
Colorado.
15. Arbitration of Disputes. Except for alleged violations of the Confidential
Information Agreement referred to in Section 6 above and Xx. Xxxxxxxxx’x non-disparagement
obligation set forth in Section 8 above (which may be submitted to and resolved by any court of
proper jurisdiction), Xx. Xxxxxxxxx and Pharmion agree that any controversy or claim arising out of
or relating to this Separation Agreement, or the breach thereof, shall be settled by final and
binding arbitration to be conducted privately and confidentially in the Boulder, Colorado
metropolitan area by a single arbitrator pursuant to the arbitration procedures set forth in the
Employment Dispute Resolution Rules of the American Arbitration Association. Xx. Xxxxxxxxx and
Pharmion also agree that the fee charged by the arbitrator shall initially be split equally between
the Parties. The arbitrator’s award, which shall be in writing, shall be final and binding on the
Parties on all claims that were or could have been raised in the arbitration. Judgment upon
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the award may be entered by any court having proper jurisdiction. As part of the award, the
arbitrator shall award the prevailing party her or its reasonable attorney’s fees and out-of-pocket
costs incurred in connection with the arbitration, including reimbursement of her or its share of
the arbitrator’s expenses, in addition to any other relief that may be awarded.
16. Attorney’s Fees. Except to the extent inconsistent with the Confidential
Information Agreement or the arbitration provision set forth in Section 15 above, Xx. Xxxxxxxxx and
Pharmion agree that the prevailing party in any dispute arising out of or relating to this
Separation Agreement shall be entitled to an award of her or its costs and expenses incurred in
such dispute, including her or its reasonable attorney’s fees in addition to any other relief to
which the party may be entitled. Such party shall also be awarded reasonable attorney’s fees,
court costs and other reasonable expenses incurred in collecting her or its judgment, including
appeals.
17. Legal Advice. Xx. Xxxxxxxxx acknowledges that she has been advised to consult
with an attorney of her own choice and at her own expense before executing this Separation
Agreement and that she has been given a reasonable opportunity to do so.
18. Effective Date. The Effective Date of this Separation Agreement shall be the
eighth day after Xx. Xxxxxxxxx signs and returns this Separation Agreement to Pharmion so long as
Xx. Xxxxxxxxx does not exercise her right to revoke this Separation Agreement as set forth in
Section 11 above. In the event Xx. Xxxxxxxxx fails to sign and return this Separation Agreement to
Pharmion on or before April 22, 2006, or revokes this Separation Agreement within 7 days after she
signs it, this Separation Agreement shall be null and void.
XX. XXXXXXXXX HEREBY ACKNOWLEDGES THAT SHE HAS READ THIS SEPARATION AGREEMENT, THAT SHE FULLY
UNDERSTANDS ITS FINAL AND BINDING EFFECT, THAT THE ONLY PROMISES MADE TO HER TO SIGN THIS
SEPARATION AGREEMENT ARE THOSE STATED ABOVE, AND THAT SHE ISSIGNING THIS SEPARATION AGREEMENT
VOLUNTARILY.
Xx. Xxxxxx Xxxxxxxxx |
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Date: April 20, 2006 | /s/ Xx. Xxxxxx Xxxxxxxxx | |||
PHARMION CORPORATION |
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Date: April 28, 2006 | /s/ Xxxxxxx X. Xxxxxxx | |||
Xxxxxxx X. Xxxxxxx | ||||
President, and Chief Executive Officer |
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ATTACHMENT A
PHARMION CORPORATION
CONFIDENTIAL INFORMATION AND
INVENTION ASSIGNMENT AGREEMENT
INVENTION ASSIGNMENT AGREEMENT
As a condition of my becoming employed (or my employment being continued) by Pharmion
Corporation, a Delaware corporation or any of its current or future subsidiaries, affiliates,
successors or assigns (collectively, the “Company”), and in consideration of my employment
relationship with the Company and my receipt of the compensation now and hereafter paid to me by
the Company, I agree to the following:
1. Employment Relationship. I understand and acknowledge that this Agreement does not
alter, amend or expand upon any rights I may have to continue in the employ of, or the duration of
my employment with, the Company under any existing agreements between the Company and me or under
applicable law. Any employment relationship between the Company and me, whether commenced prior to
or upon the date of this Agreement, shall be referred to herein as the “Relationship.”
2. At-Will Relationship. I understand and acknowledge that my Relationship with the
Company is and shall continue to be at-will, as defined under applicable law, meaning that either I
or the Company may terminate the Relationship at any time for any reason or no reason, without
further obligation or liability.
3. Confidential Information.
(a) Company Information. I agree at all times during the term of my Relationship with
the Company and thereafter, to hold in strictest confidence, and not to use, except for the benefit
of the Company, or to disclose to any person, firm, corporation or other entity without written
authorization of the Board of Directors of the Company, any Confidential Information of the Company
which I obtain or create. I further agree not to make copies of such Confidential Information
except as authorized by the Company. I understand that “Confidential Information” means
any Company proprietary information, technical data, trade secrets or know-how, including, but not
limited to, research, product plans, products, services, suppliers, customer lists and customers
(including, but not limited to, customers of the Company on whom I called or with whom I became
acquainted during the Relationship), prices and costs, markets, software, developments, inventions,
laboratory notebooks, processes, formulas, technology, designs, drawings, engineering, hardware
configuration information, marketing, licenses, finances, budgets or other business information
disclosed to me by the Company either directly or indirectly in writing, orally or by drawings or
observation of parts or equipment or created by me during the period of the Relationship, whether
or not during working hours. I understand that “Confidential Information” includes, but is
not limited to, information pertaining to any aspects of the Company’s business which is either
information not known by actual or potential competitors of the Company or is proprietary
information of the Company or its customers or suppliers, whether of a technical nature or
otherwise. I further understand that Confidential Information does not include any of the
foregoing items which has become publicly and widely
known and made generally available through no wrongful act of mine or of others who were under
confidentiality obligations as to the item or items involved.
(b) Former Employer Information. I represent that my performance of all terms of this
Agreement as an employee of the Company has not breached and will not breach any agreement to keep
in confidence proprietary information, knowledge or data acquired by me in confidence or trust
prior or subsequent to the commencement of my Relationship with the Company, and I will not
disclose to the Company, or induce the Company to use, any inventions, confidential or proprietary
information or material belonging to any previous employer or any other party.
(c) Third Party Information. I recognize that the Company has received and in the
future will receive confidential or proprietary information from third parties subject to a duty on
the Company’s part to maintain the confidentiality of such information and to use it only for
certain limited purposes. I agree to hold all such confidential or proprietary information in the
strictest confidence and not to disclose it to any person, firm or corporation or to use it except
as necessary in carrying out my work for the Company consistent with the Company’s agreement with
such third party.
4. Inventions.
(a) Inventions Retained and Licensed. I have attached hereto, as Exhibit A, a
list describing with particularity all inventions, original works of authorship, developments,
improvements, and trade secrets which were made by me prior to the commencement of the Relationship
(collectively referred to as “Prior Inventions”), which belong solely to me or belong to me
jointly with another, which relate in any way to any of the Company’s proposed businesses, products
or research and development, and which are not assigned to the Company hereunder; or, if no such
list is attached, I represent that there are no such Prior Inventions. If, in the course of my
Relationship with the Company, I incorporate into a Company product, process or machine a Prior
Invention owned by me or in which I have an interest, the Company is hereby granted and shall have
a non-exclusive, royalty-free, irrevocable, perpetual, worldwide license (with the right to
sublicense) to make, have made, copy, modify, make derivative works of, use, sell and otherwise
distribute such Prior Invention as part of or in connection with such product, process or machine.
(b) Assignment of Inventions. I agree that I will promptly make full written
disclosure to the Company, will hold in trust for the sole right and benefit of the Company, and
hereby assign to the Company, or its designee, all my right, title and interest throughout the
world in and to any and all inventions, original works of authorship, developments, concepts,
know-how, improvements or trade secrets, whether or not patentable or registrable under copyright
or similar laws, which I may solely or jointly conceive or develop or reduce to practice, or cause
to be conceived or developed or reduced to practice, during the period of time in which I am
employed by the Company (collectively referred to as “Inventions”). I further acknowledge
that all inventions, original works of authorship, developments, concepts, know-how, improvements
or trade secrets which are made by me (solely or jointly with others) within the scope of and
during the period of my Relationship with the Company are “works made for hire”
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(to the greatest extent permitted by applicable law) and are compensated by my salary, unless
regulated otherwise by the mandatory law of the state of Colorado.
(c) Maintenance of Records. I agree to keep and maintain adequate and current written
records of all Inventions made by me (solely or jointly with others) during the term of my
Relationship with the Company. The records may be in the form of notes, sketches, drawings, flow
charts, electronic data or recordings, laboratory notebooks, and any other format. The records
will be available to and remain the sole property of the Company at all times. I agree not to
remove such records from the Company’s place of business except as expressly permitted by Company
policy which may, from time to time, be revised at the sole election of the Company for the purpose
of furthering the Company’s business.
(d) Patent and Copyright Rights. I agree to assist the Company, or its designee, at
the Company’s expense, in every proper way to secure the Company’s rights in the Inventions and any
copyrights, patents, trademarks, mask work rights, moral rights, or other intellectual property
rights relating thereto in any and all countries, including the disclosure to the Company of all
pertinent information and data with respect thereto, the execution of all applications,
specifications, oaths, assignments, recordations, and all other instruments which the Company shall
deem necessary in order to apply for, obtain, maintain and transfer such rights and in order to
assign and convey to the Company, its successors, assigns and nominees the sole and exclusive
rights, title and interest in and to such Inventions, and any copyrights, patents, mask work rights
or other intellectual property rights relating thereto. I further agree that my obligation to
execute or cause to be executed, when it is in my power to do so, any such instrument or papers
shall continue after the termination of this Agreement until the expiration of the last such
intellectual property right to expire in any country of the world. If the Company is unable
because of my mental or physical incapacity or unavailability or for any other reason to secure my
signature to apply for or to pursue any application for any United States or foreign patents or
copyright registrations covering Inventions or original works of authorship assigned to the Company
as above, then I hereby irrevocably designate and appoint the Company and its duly authorized
officers and agents as my agent and attorney in fact, to act for and in my behalf and stead to
execute and file any such applications and to do all other lawfully permitted acts to further the
application for, prosecution, issuance, maintenance or transfer of letters patent or copyright
registrations thereon with the same legal force and effect as if originally executed by me. I
hereby waive and irrevocably quitclaim to the Company any and all claims, of any nature whatsoever,
which I now or hereafter have for infringement of any and all proprietary rights assigned to the
Company.
5. Returning Company Documents. I agree that, at the time of termination of my
Relationship with the Company, I will deliver to the Company (and will not keep in my possession,
recreate or deliver to anyone else) any and all devices, records, data, notes, reports, proposals,
lists, correspondence, specifications, drawings, blueprints, sketches, laboratory notebooks,
materials, flow charts, equipment, other documents or property, or reproductions of any
aforementioned items developed by me pursuant to the Relationship or otherwise belonging to the
Company, its successors or assigns. I further agree that to any property situated on the Company’s
premises and owned by the Company, including disks and other storage media, filing cabinets or
other work areas, is subject to inspection by Company personnel at any time with or
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without notice. In the event of the termination of the Relationship, I agree to sign and
deliver the “Termination Certification” attached hereto as Exhibit B.
6. Notification to Other Parties.
(a) Employees. In the event that I leave the employ of the Company, I hereby consent
to notification by the Company to my new employer about my rights and obligations under this
Agreement.
(b) Consultants. I hereby grant consent to notification by the Company to any other
parties besides the Company with whom I maintain a consulting relationship, including parties with
whom such relationship commences after the effective date of this Agreement, about my rights and
obligations under this Agreement.
7. Solicitation of Employees, Consultants and Other Parties. I agree that during the
term of my Relationship with the Company, and for a period of twenty-four (24) months immediately
following the termination of my Relationship with the Company for any reason, whether with or
without cause, I shall not either directly or indirectly solicit, induce, recruit or encourage any
of the Company’s employees or consultants to terminate their relationship with the Company, or take
away such employees or consultants, or attempt to solicit, induce, recruit, encourage or take away
employees or consultants of the Company, either for myself or for any other person or entity.
Further, for a period of twenty-four (24) months following termination of my Relationship with the
Company for any reason, with or without cause, I shall not solicit any licensor to or customer of
the Company or licensee of the Company’s products, in each case, that are known to me, with respect
to any business, products or services that are competitive to the products or services offered by
the Company or under development as of the date of termination of my Relationship with the Company.
8. Representations and Covenants.
(a) Facilitation of Agreement. I agree to execute promptly any proper oath or verify
any proper document required to carry out the terms of this Agreement upon the Company’s written
request to do so.
(b) Conflicts. I represent that my performance of all the terms of this Agreement
will not breach any agreement to keep in confidence proprietary information acquired by me in
confidence or in trust prior to commencement of my Relationship with the Company. I have not
entered into, and I agree I will not enter into, any oral or written agreement in conflict with any
of the provisions of this Agreement.
(c) Voluntary Execution. I certify and acknowledge that I have carefully read all of
the provisions of this Agreement and that I understand and will fully and faithfully comply with
such provisions.
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9. General Provisions.
(a) Governing Law. The validity, interpretation, construction and performance of this
Agreement shall be governed by the laws of the State of Colorado, without giving effect to the
principles of conflict of laws.
(b) Entire Agreement. This Agreement sets forth the entire agreement and
understanding between the Company and me relating to the subject matter herein and merges all prior
discussions between us. No modification or amendment to this Agreement, nor any waiver of any
rights under this Agreement, will be effective unless in writing signed by the party to be charged.
Any subsequent change or changes in my duties, obligations, rights or compensation will not affect
the validity or scope of this Agreement.
(c) Severability. If one or more of the provisions in this Agreement are deemed void
by law, then the remaining provisions will continue in full force and effect.
(d) Successors and Assigns. This Agreement will be binding upon my heirs, executors,
administrators and other legal representatives and will be for the benefit of the Company, its
successors, and its assigns.
(e) Survival. The provisions of this Agreement shall survive the termination of the
Relationship and the assignment of this Agreement by the Company to any successor in interest or
other assignee.
(f) ADVICE OF COUNSEL. I ACKNOWLEDGE THAT, IN EXECUTING THIS AGREEMENT, I HAVE HAD
THE OPPORTUNITY TO SEEK THE ADVICE OF INDEPENDENT LEGAL COUNSEL, AND I HAVE READ AND UNDERSTOOD ALL
OF THE TERMS AND PROVISIONS OF THIS AGREEMENT. THIS AGREEMENT SHALL NOT BE CONSTRUED AGAINST ANY
PARTY BY REASON OF THE DRAFTING OR PREPARATION HEREOF.
[Signature Page Follows]
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The parties have executed this Agreement on the respective dates set forth below:
COMPANY: | EMPLOYEE: | ||||||
PHARMION CORPORATION | XXXXXX XXXXXXXXX, an Individual: | ||||||
/s/ Xxx Xxxxxxxx |
/s/ Xxxxxx Xxxxxxxxx |
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Signature |
Signature |
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By: | Xxx Xxxxxxxx | Xxxxxx Xxxxxxxxx | |||||
Printed Name | |||||||
Title:
|
VP, HR | ||||||
Date: |
Date: | 3-29-00 | |||||
Address:
|
0000 Xxxxxxxxx Xxxx | Address: | 0000 X. 000 Xx. | ||||
Xxxxxxx, XX 00000 | |||||||
Xxxxxxx, XX 00000 |
EXHIBIT A
LIST OF PRIOR INVENTIONS
AND ORIGINAL WORKS OF AUTHORSHIP
EXCLUDED FROM SECTION 4
AND ORIGINAL WORKS OF AUTHORSHIP
EXCLUDED FROM SECTION 4
Identifying Number | ||||
Title | Date | or Brief Description | ||
___ No inventions or improvements
___ Additional Sheets Attached
Signature of Employee:
Print Name of Employee:
Date:
EXHIBIT B
TERMINATION CERTIFICATION
This is to certify that I do not have in my possession, nor have I failed to return, any
devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings,
blueprints, sketches, laboratory notebooks, flow charts, materials, equipment, other documents or
property, or copies or reproductions of any aforementioned items belonging to Pharmion Corporation,
its subsidiaries, affiliates, successors or assigns (together the “Company”).
I further certify that I have complied with all the terms of the Company’s Confidential
Information and Invention Assignment Agreement signed by me, including the reporting of any
inventions and original works of authorship (as defined therein), conceived or made by me (solely
or jointly with others) covered by that agreement.
I further agree that, in compliance with the Confidential Information and Invention Assignment
Agreement, I will preserve as confidential all trade secrets, confidential knowledge, data or other
proprietary information relating to products, processes, know-how, designs, formulas, developmental
or experimental work, computer programs, data bases, other original works of authorship, customer
lists, business plans, financial information or other subject matter pertaining to any business of
the Company or any of its employees, clients, consultants or licensees.
I further agree that for twenty-four (24) months from the date of this Certificate, I shall
not either directly or indirectly solicit, induce, recruit or encourage any of the Company’s
employees or consultants to terminate their relationship with the Company, or take away such
employees or consultants, or attempt to solicit, induce, recruit, encourage or take away employees
or consultants of the Company, either for myself or for any other person or entity. Further, for a
period of twenty-four (24) months from the date of this Certificate, I shall not solicit any
licensor to or customer of the Company or licensee of the Company’s products, in each case, that
are known to me, with respect to any business, products or services that are competitive to the
products or services offered by the Company or under development as of the date of termination of
my Relationship with the Company.
Date:
/s/ Xxxxxx Xxxxxxxxx | ||||
(Employee's Name) | ||||
Xxxxxx Xxxxxxxxx | ||||
(Type/Print Employee's Name) | ||||