INDEPENDENT CONTRACTOR AGREEMENT
Whereas American Medical Systems (AMS) wishes to hire Xxxxx X. Xxxxx Ph.D, as an
independent contractor to provide consultation services to AMS, both parties
agree to the following terms and conditions.
1. Xxxxx Xxxxx is an independent contractor and not an officer or
employee of AMS. His responsibilities will be to provide consultation
services to AMS concerning capital formation, corporate organization,
technical aspects and other areas that AMS requests his expertise.
2. Xxxxx X. Xxxxx agrees to keep all proprietary information provided by
AMS under this agreement strictly confidential and not disclosed to
third parties or circumvented in any way.
3. The fee for consultation services is $125 per hour and will include
travel time to attend meetings on behalf of AMS.
Additional costs such as materials, phone/fax expenses, etc. will be
billed separately.
Invoices to be paid within 2 weeks of submission of the xxxx to AMS.
4. Either party may unilaterally terminate this agreement upon written
notice to the other party.
Signed: /s/ Xxxxx X. Xxxxx Date: 6/26/00
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Xxxxx X. Xxxxx
Independent Contractor
Signed: /s/ Xxxxx Xxxxxx Date: 6/26/00
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Xxxxx Xxxxxx, President and CEO
American Medical Systems, Inc.
TRANSHEALTH INTERNATIONAL, INC.
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1st November 1997
Advanced Medical Systems, Inc.
0000 Xxxxx Xxxxxxxx,
Xxxxxx, XX 00000
Attention: Board of Directors, Advanced Medical Systems. Inc.
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Thank you for the invitation to be Chairman of the Scientific Advisory Board of
Advanced Medical Systems, Inc.
I am extremely pleased to accept your invitation and look forward to be of
assistance in the growth and success of Advanced Medical Systems.
Sincerely,
/s/ Xxxxx X. Xxxxx
Xxxxx X. Xxxxx Ph.D.
President: TransHealth International, Inc.
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0000 XxxXxxxxx Xxxx., Xxxxx 000 Xxxxxxx Xxxxx, XX 00000
Phone: (000) 000-0000 Fax: (000) 000-0000