EXHIBIT 10.2 [LIGAND LETTERHEAD} 8 December 2005 Tod Mertes 608 The Strand Oceanside, CA 92054 Dear Tod: The purpose of this letter agreement is to document 1) the terms of a severance package to which you will be entitled should your employment with...Severance Agreement • December 14th, 2005 • Ligand Pharmaceuticals Inc • Pharmaceutical preparations
