0000936392-07-000202 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • March 15th, 2007 • Anadys Pharmaceuticals Inc • Pharmaceutical preparations • California

This Severance Agreement (the “Agreement”) is made and entered into effective as of November 14, 2003 (the “Effective Date”), by and between Anadys Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and Steve Worland (the “Executive”). The Company and the Executive are hereinafter collectively referred to as the “Parties”, and individually referred to as a “Party”.

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SEVERANCE AND CHANGE IN CONTROL AGREEMENT
Severance and Change in Control Agreement • March 15th, 2007 • Anadys Pharmaceuticals Inc • Pharmaceutical preparations • California

This Severance and Change in Control Agreement (the “Agreement”) is made and entered into effective as of November 13, 2006, (the “Effective Date”), by and between Anadys Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and James T. Glover (the “Executive”). The Company and the Executive are hereinafter collectively referred to as the “Parties”, and individually referred to as a “Party”.

SEVERANCE AND CHANGE IN CONTROL AGREEMENT
Severance and Change in Control Agreement • March 15th, 2007 • Anadys Pharmaceuticals Inc • Pharmaceutical preparations • California

This Severance and Change in Control Agreement (the “Agreement") is made and entered into effective as of November 20, 2006 (the “Effective Date"), by and between Anadys Pharmaceuticals, Inc., a Delaware corporation (the “Company"), and Lawrence C. Fritz, Ph.D. (the “Executive"). The Company and the Executive are hereinafter collectively referred to as the “Parties", and individually referred to as a “Party".

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