0001104659-03-017319 Sample Contracts

INDEMNITY AGREEMENT
Indemnity Agreement • August 11th, 2003 • QLT Inc/Bc • Pharmaceutical preparations • British Columbia

QLT INC., a British Columbia company having a principal place of business at 887 Great Northern Way, Vancouver, British Columbia, V5T 4T5, Canada

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INTRODUCTION
Strictly Personal and Confidential • August 11th, 2003 • QLT Inc/Bc • Pharmaceutical preparations • British Columbia

A dedicated executive management team is essential to protecting and enhancing the best interests of the Company and its shareholders. The Company wishes to provide its executives with compensation and benefits arrangements which would come into effect in circumstances related to a change in control which are competitive with those of other corporations, in order to ensure the Company receives the benefit of the full attention and dedication of the executives at all times, and notwithstanding any threatened or pending change in control of the Company.

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