CONSULTING AGREEMENT EFFECTIVE DATE: August 10, 2006Consulting Agreement • November 14th, 2006 • Idm Pharma, Inc. • Pharmaceutical preparations • California
This Consulting Agreement (the “Agreement”) is made by and between IDM Pharma, Inc., a Delaware corporation (the “Company”), and Sylvie Grégoire, an individual and the Executive Chair of the Company’s Board of Directors (the “Consultant”).
January 26, 2006 Via Hand Delivery Bob DeVaere c/o IDM Pharma, Inc. 5820 Nancy Ridge Drive San Diego, CA 92121 Dear Bob,Letter Agreement • November 14th, 2006 • Idm Pharma, Inc. • Pharmaceutical preparations
This letter agreement (“Letter Agreement”) between you and IDM Pharma, Inc. (the “Company”), amends the employment agreement of March 17, 2005, between you and the Company (the “Employment Agreement”) in connection with the resignation of your employment from the Company. The Company acknowledges and agrees that your resignation shall be deemed to be a resignation for “Good Reason” and that you shall be entitled to receive the severance benefits set forth in Section 4.4.4 of your Employment Agreement, as amended by this Letter Agreement. The Company also agrees to accelerate the payment of a portion of your retention bonus, and, in consideration of that benefit, you agree to reduce your severance payment period to nine months. Accordingly, the Employment Agreement is hereby amended as follows:
