ContractEmployment Agreement • November 9th, 2001 • Palomar Medical Technologies Inc • Electromedical & electrotherapeutic apparatus • Massachusetts
EMPLOYMENT AGREEMENT THIS EMPLOYMENT AGREEMENT ("Agreement") entered into as of this 1st day of July, 2001 between Palomar Medical Technologies, Inc., a Delaware corporation (the "Company"), and Joseph P. Caruso, an individual (the "Executive"), WITNESSETH THAT: WHEREAS, the Company desires to employ Executive as its President and Chief Operating Officer for the period and upon and subject to the terms herein provided; and WHEREAS, the Company desires to be assured that Executive will not compete with the Company for the period and within the geographical areas hereinafter specified; and WHEREAS, Executive is willing to agree to be employed by the Company for the period and upon and subject to the terms herein provided; and WHEREAS, Executive does not desire to work for the Company in a position lower than that of President and Chief Operating Officer and is willing to agree not to compete with the Company; NOW, THEREFORE, in consideration of the premises, the parties hereto covenant a
