0000881890-01-500008 Sample Contracts

EMPLOYEE RETENTION INCENTIVE AGREEMENT
Employee Retention Incentive Agreement • August 14th, 2001 • Abaxis Inc • In vitro & in vivo diagnostic substances

THIS EMPLOYEE INCENTIVE AGREEMENT(hereinafter referred to as "Agreement") is made and entered into by and between Alberto Santa Ines (hereinafter referred to as "employee") and Abaxis, Inc. (hereinafter referred to as "Company") on April 13, 2001.

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April 24, 2001 Clint Severson Abaxis, Inc. 3240 Whipple Road Union City, CA 94587 Re: Employment Agreement Dear Clint:
Abaxis Inc • August 14th, 2001 • In vitro & in vivo diagnostic substances • California

Pursuant to our board resolution, this letter sets forth the terms of your continued employment by Abaxis, Inc. ("Abaxis"). Abaxis believes that your contributions will be important to its future success, and thus enters into this Agreement in order to retain your services. The terms and conditions of our future employment relationship are set forth below.

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