0000833299-98-000002 Sample Contracts

WAIVER AGREEMENT
Waiver Agreement • March 31st, 1998 • Seragen Inc • Biological products, (no disgnostic substances)

This Waiver Agreement is made as of October 28, 1997, by and between Boston University, Leon C. Hirsch, Turi Josefsen, Gerald S.J. Cassidy and Loretta P. Cassidy (individually, a "Stockholder" and collectively, the "Stockholders"), Reed R. Prior ("Prior"), and Seragen, Inc. (the "Company").

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WAIVER Reference is made to the Amended and Restated Employment Agreement dated as of September 22, 1997 between Seragen, Inc. (the "Company") and the undersigned (the "Agreement"). Pursuant to the Agreement, the Company agreed to file on or before...
Employment Agreement • March 31st, 1998 • Seragen Inc • Biological products, (no disgnostic substances)

Reference is made to the Amended and Restated Employment Agreement dated as of September 22, 1997 between Seragen, Inc. (the "Company") and the undersigned (the "Agreement"). Pursuant to the Agreement, the Company agreed to file on or before December 31, 1997, a registration statement on Form S-8 (the "Registration Statement") registering under the Securities Act of 1993 all shares issued or to be issued pursuant to the exercise of the stock options granted to Dr. Nichols pursuant to the Agreement.

WAIVER NO. 5 Reference is made to the Employment Agreement dated as of November 6, 1996 between Seragen, Inc. (the "Company") and the undersigned, as amended (collectively the "Agreement"). Pursuant to the Agreement and subsequent waivers, the Company...
Seragen Inc • March 31st, 1998 • Biological products, (no disgnostic substances)

Reference is made to the Employment Agreement dated as of November 6, 1996 between Seragen, Inc. (the "Company") and the undersigned, as amended (collectively the "Agreement"). Pursuant to the Agreement and subsequent waivers, the Company agreed to file on or before December 31, 1997, a registration statement on Form S-8 (the "Registration Statement") registering under the Securities Act of 1993 all shares issued or to be issued pursuant to the exercise of the stock options granted to Mr. Prior pursuant to the Agreement.

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