EX-10.40 3 dex1040.htm SEVERENCE AGREEMENT March 18, 2003 Mr. Thomas Klopack Encinitas, CA 92024 Re: Severance Agreement Dear Tom:Severance Agreement • May 5th, 2020 • California
Contract Type FiledMay 5th, 2020 JurisdictionACLARA BioSciences, Inc. (the “Company”) considers it essential to the best interests of its shareholders to foster the continuous employment of the Company’s key management personnel. In order to induce you to remain in its employ, the Company hereby agrees that after this letter agreement (this “Agreement”) has been fully executed, you shall receive the severance benefits set forth in this Agreement in the event of a Hostile Takeover (as defined below) or that your employment with the Company is terminated under the circumstances described below.
Exhibit A April 11, 2003Severance Agreement • August 14th, 2003 • Aclara Biosciences Inc • Measuring & controlling devices, nec • California
Contract Type FiledAugust 14th, 2003 Company Industry JurisdictionACLARA BioSciences, Inc. (the “Company”) considers it essential to the best interests of its shareholders to foster the continuous employment of the Company’s key management personnel. In order to induce you to remain in its employ, the Company hereby agrees that after this letter agreement (this “Agreement”) has been fully executed, you shall receive the severance benefits set forth in this Agreement in the event of a Hostile Takeover (as defined below) or that your employment with the Company is terminated under the circumstances described below.
March 18, 2003Severance Agreement • May 15th, 2003 • Aclara Biosciences Inc • Measuring & controlling devices, nec • California
Contract Type FiledMay 15th, 2003 Company Industry JurisdictionACLARA BioSciences, Inc. (the “Company”) considers it essential to the best interests of its shareholders to foster the continuous employment of the Company’s key management personnel. In order to induce you to remain in its employ, the Company hereby agrees that after this letter agreement (this “Agreement”) has been fully executed, you shall receive the severance benefits set forth in this Agreement in the event of a Hostile Takeover (as defined below) or that your employment with the Company is terminated under the circumstances described below.
March 18, 2003Severance Agreement • March 31st, 2003 • Aclara Biosciences Inc • Measuring & controlling devices, nec • California
Contract Type FiledMarch 31st, 2003 Company Industry JurisdictionACLARA BioSciences, Inc. (the “Company”) considers it essential to the best interests of its shareholders to foster the continuous employment of the Company’s key management personnel. In order to induce you to remain in its employ, the Company hereby agrees that after this letter agreement (this “Agreement”) has been fully executed, you shall receive the severance benefits set forth in this Agreement in the event of a Hostile Takeover (as defined below) or that your employment with the Company is terminated under the circumstances described below.