January 16, 2008 Mr. David L. Lowrance 422 William Wallace Drive Franklin, TN 37064 Re: Employment of David L. Lowrance as Vice President and Chief Financial Officer by Cumberland Pharmaceuticals Inc. Dear Dave:Employment Agreement • February 1st, 2008 • Cumberland Pharmaceuticals Inc • Pharmaceutical preparations
Effective January 1st, 2008, this letter agreement (the “Agreement”) will evidence the terms and conditions under which you will be employed by Cumberland Pharmaceuticals Inc. (the “Company”). In consideration of your appointment as Vice President and Chief Financial Officer of the Company, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
