0001104659-07-043234 Sample Contracts

SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • May 29th, 2007 • Neopharm Inc • Biological products, (no disgnostic substances)

THIS SEPARATION AGREEMENT AND GENERAL RELEASE (Agreement) is made and entered into by and between JEFFREY W. SHERMAN (Employee), an individual, and NeoPharm, Inc. (the Company). Employee’s employment with the Company will terminate effective June 18, 2007 as part of the Company’s reduction-in-force. Employee’s last day of work will be June 18, 2007.

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