THERMOGENESIS CORP. EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • July 16th, 2013 • Thermogenesis Corp • Laboratory apparatus & furniture • California
Contract Type FiledJuly 16th, 2013 Company Industry JurisdictionThis Executive Employment Agreement (this “Agreement”) is made and entered into as of July 15, 2013 by and between Thermogenesis Corp. (“Employer”) and Kenneth L. Harris (“Executive”). For purposes of this Agreement, the term “Effective Date” shall have the same meaning as the term “Closing Date” under the Merger Agreement (as defined below). Until the Effective Date, (A) Executive shall not (i) be an employee of Employer, (ii) accrue any compensation or benefits hereunder, (iii) owe any obligations to Employer as an employee to Employer or (iv) act on behalf of or represent that he is an employee of Employer and (B) Employer shall have no obligations or duties to perform hereunder. If the Closing Date does not occur on or before December 15, 2013, this Agreement shall terminate in its entirety and neither party shall have any obligations to the other party pursuant to this Agreement. Employer and Executive agree, effective as of the Effective Date, as follows:
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • July 16th, 2013 • Thermogenesis Corp • Laboratory apparatus & furniture • California
Contract Type FiledJuly 16th, 2013 Company Industry JurisdictionThis Executive Employment Agreement (this “Agreement”) is made and entered into as of July 15, 2013 by and between Thermogenesis Corp. (“Employer”) and Mitchell Sivilotti (“Executive”). For purposes of this Agreement, the term “Effective Date” shall have the same meaning as the term “Closing Date” under the Merger Agreement (as defined below). Until the Effective Date, (A) Executive shall not (i) be an employee of Employer, (ii) accrue any compensation or benefits hereunder, (iii) owe any obligations to Employer as an employee to Employer or (iv) act on behalf of or represent that he is an employee of Employer and (B) Employer shall have no obligations or duties to perform hereunder. If the Closing Date does not occur on or before December 15, 2013, this Agreement shall terminate in its entirety and neither party shall have any obligations to the other party pursuant to this Agreement. Employer and Executive agree, effective as of the Effective Date, as follows: