0000950135-06-004205 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • July 6th, 2006 • Oxigene Inc • Biological products, (no disgnostic substances) • Massachusetts

This Employment Agreement, dated as of June 29, 2006 (the “Agreement”), is between OXiGENE, Inc. (the “Company”), and Richard Chin (“Executive”). This Agreement is intended to confirm the understanding and set forth the agreement between the Company and Executive with respect to Executive’s future employment by the Company. In consideration of the mutual promises and covenants contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby mutually acknowledged, the parties agree as follows:

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June 29, 2006 Fred Driscoll 15 Crestwood Road North Reading, MA 01864 Dear Fred:
Separation Agreement • July 6th, 2006 • Oxigene Inc • Biological products, (no disgnostic substances) • Massachusetts

The purpose of this Separation Agreement (hereinafter the “Agreement”) is to confirm the terms of your separation from OXiGENE, Inc. (“OXiGENE” or “Company”). The promises made by the Company hereunder are contingent on your agreement to and compliance with the terms of this Agreement. The Effective Date of this Agreement shall be the eighth day following the day that you sign it.

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