0000950157-15-000424 Sample Contracts

Re: Retirement Agreement
Retirement Agreement • April 29th, 2015 • Ariad Pharmaceuticals Inc • Biological products, (no disgnostic substances) • Massachusetts

This retirement letter agreement (this “Agreement”) is intended to amend the Amended and Restated Employment Agreement by and between you and ARIAD Pharmaceuticals, Inc. (the “Company”), dated as of April 30, 2010 (the “Employment Agreement”), in order to set forth our mutual understanding and agreement regarding your retirement as a member and as Chairman of the board of directors of the Company (the “Board”), your retirement as Chief Executive Officer and President of the Company and the transition of your responsibilities in connection with such retirement.

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