CONFIDENTIAL—VIA HAND DELIVERYAbgenix Inc • May 10th, 2005 • Biological products, (no disgnostic substances)
Company FiledMay 10th, 2005 IndustryThis letter will constitute the agreement between you and Abgenix, Inc. (“Abgenix” or the “Company”) on the terms of your separation from employment with the Company. As set forth in paragraph 14 below, this agreement will become a binding legal agreement, effective on the eighth day after you have signed it and returned it to me. I encourage you to obtain legal advice before signing it if you desire to do so.