December 29, 2008 Lisa Koch-Hulle [Address] Re: First Amendment to Offer of Employment Dear Lisa:
Exhibit 10.63
December 29, 2008
Xxxx Xxxx-Xxxxx
[Address]
Dear Xxxx:
This letter amends the terms of the Offer of Employment (the “Agreement”) dated as of March
4, 2008, by and between La
Jolla Pharmaceutical Company (“LJPC”) and you as set forth below.
Capitalized terms not defined herein shall have the meaning specified in the Agreement.
1. The seventh paragraph of the Agreement is hereby deleted in its entirety and replaced
with the following:
“If your employment is terminated by Company for other than Cause, you will receive a severance
amount equal to 6 months of your then current base salary, which will be paid on the first payroll
date that occurs 30 days after the date of termination of service, provided you sign a
separation agreement in a form acceptable to Company, including a complete release of claims within
21 days of the date of termination of service and you do not revoke the release. For purposes of
this offer letter, “Cause” shall mean your employment is terminated for dishonesty, misconduct,
failure or inability to perform your job duties (with reasonable accommodation, if required by
law), or other conduct that has a material adverse effect on the name or public image of Company.”
2. Except as amended herein, the Agreement is hereby confirmed in all other respects and
nothing contained herein shall be deemed a waiver of any right or abrogation of any obligation
otherwise existing under the Agreement except to the extent specifically provided for herein.
Xxxx Xxxx-Xxxxx
Page 2
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Please indicate your acceptance of this amendment to the Agreement by signing the enclosed copy of
this letter and returning it to me.
| La Jolla Pharmaceutical Company | ||||||
| By: Name: |
/s/ Xxxxxxx X. Xxxxxxxxx, X.X.
|
|||||
| Title: | President and Chief Executive Officer | |||||
Accepted and agreed: |
||
/s/ Xxxx Xxxx-Xxxxx
|
