0000912057-97-011586 Sample Contracts

EXHIBIT 10.56 SEPARATION AGREEMENT DATED DECEMBER 18, 1996 BETWEEN THE COMPANY AND GILBERT W. CARNATHAN
Separation Agreement • April 1st, 1997 • Cortech Inc • Pharmaceutical preparations • Colorado

Cortech, Inc. ("Cortech" or the "Company") has accepted your resignation as an officer and, prospectively, as an employee of the Company effective December 31, 1996. As a consequence of, and contingent upon, your accepting the terms specified in the attached legal release by returning the signed, notarized release no later than January 8, 1997, the Company wishes to continue to receive your services and to provide compensation and certain other benefits in consideration of such services, as follows:

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