AGREEMENT (President and Chief Operating Officer)Employment Agreement • August 8th, 2006 • Orthologic Corp • Pharmaceutical preparations
THIS AGREEMENT (the “Agreement”) is entered into this 12th day of May, 2006, by and between Randolph C. Steer (“Executive”) and OrthoLogic Corp., a Delaware corporation (the “Company”).
AMENDMENT Employment Agreement of James T. RyabyEmployment Agreement • August 8th, 2006 • Orthologic Corp • Pharmaceutical preparations
This Amendment is to the Employment Agreement between James T. Ryaby, Ph.D. and OrthoLogic Corp., dated June 1, 2001. Effective June 5, 2006 the base salary of James T. Ryaby, Ph.D. is increased to $270,000 per year.
ORTHOLOGIC CORP. Amendment No. 1 to Les M. Taeger’s Employment Agreement dated January 16, 2006Employment Agreement • August 8th, 2006 • Orthologic Corp • Pharmaceutical preparations
Additionally, OrthoLogic may terminate Mr. Taeger’s employment at any time, immediately and without cause, by giving written notice to Mr. Taeger. If OrthoLogic terminates Mr. Taeger without cause, provided Mr. Taeger first executes a Severance Agreement in the form then used by OrthoLogic, OrthoLogic shall continue to pay to Mr. Taeger his minimum base salary in effect at the time of termination for a period of one year following the date of termination, at the time and in the manner dictated by OrthoLogic’s standard payroll policies. Should such termination occur as a result of a change in control, OrthoLogic shall also pay Mr. Taeger a pro-rata share of his bonus at the time of termination.
MANAGEMENT SERVICES AGREEMENTManagement Services Agreement • August 8th, 2006 • Orthologic Corp • Pharmaceutical preparations
THIS MANAGEMENT SERVICES AGREEMENT (the “Agreement”) is entered into this 12th day of May, 2006, by and between VV III Management, LLC, a Delaware limited liability company (“Contractor”) and OrthoLogic Corp., a Delaware corporation (the “Company”).
