Common Contracts

4 similar Severance Agreement contracts by Aclara Biosciences Inc

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

ACLARA 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.

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Exhibit A April 11, 2003
Severance Agreement • August 14th, 2003 • Aclara Biosciences Inc • Measuring & controlling devices, nec • California

ACLARA 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, 2003
Severance Agreement • May 15th, 2003 • Aclara Biosciences Inc • Measuring & controlling devices, nec • California

ACLARA 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, 2003
Severance Agreement • March 31st, 2003 • Aclara Biosciences Inc • Measuring & controlling devices, nec • California

ACLARA 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.

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