March 31, 2003 Martyn D. Greenacre
EXHIBIT 10.3
March 31, 2003
Xxxxxx X. Xxxxxxxxx
000 Xxxxx Xxxxxx Xxxx
Xxxxx, XX 00000
Re: |
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Termination of Consulting Agreement dated October 1, 2001, as amended April 1, 2002 and December 10, 2002, between Xxxxxx X. Xxxxxxxxx and Cephalon, Inc. (collectively, the “Agreement”) |
Dear Martyn:
Please allow this letter to evidence our mutual agreement to terminate the Agreement effective as of the date hereof.
I appreciate the many valuable contributions you have made to Cephalon during the term of this Agreement, and look forward to your continued service as a member of the Board of Directors.
Very truly yours, |
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/s/ Xxxxx Xxxxxxx, Xx. |
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Xxxxx Xxxxxxx, Xx., Ph.D. |
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Chairman and Chief Executive Officer |
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AGREED AND ACCEPTED:
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/s/ Xxxxxx X. Xxxxxxxxx |
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Xxxxxx X. Xxxxxxxxx |