AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • May 18th, 2009 • Columbia Laboratories Inc • Pharmaceutical preparations • New Jersey
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT dated as of March 11, 2009 (as the same may be amended, restated, supplemented or otherwise modified from time to time hereafter, this “Agreement”), is entered into by and between Columbia Laboratories, Inc., a Delaware corporation having its corporate offices at 354 Eisenhower Parkway, Livingston, New Jersey 07039 (the “Company”), and James Meer (“Executive”).
Separation Agreement and General Release of ClaimsSeverance Agreement • May 18th, 2009 • Columbia Laboratories Inc • Pharmaceutical preparations • New Jersey
In return for the execution of this Separation Agreement and General Release, I, James A. Meer (referred to below as “I”, “me”, “my” or the “Employee”) will receive a Severance Benefit to which I am not otherwise entitled, that is, the Company agrees to provide to me the benefits I would have been entitled to under my Amended and Restated Employment Agreement with the Company dated March 11, 2009, had I been terminated by the Company without cause pursuant to Section 6(f) of that agreement and the Company agrees that my stock option grants that are vested on May 18, 2009, will remain exercisable until June 11, 2011 (subject to termination based on the applicable plan provisions other than those related to termination of employment).
