0001104659-07-084850 Sample Contracts

EMPLOYMENT SEPARATION AGREEMENT AND RELEASE
Employment Separation Agreement • November 23rd, 2007 • Osiris Therapeutics, Inc. • Biological products, (no disgnostic substances)

This Employment Separation Agreement and Release (the “Agreement”) is made and entered into this 23rd day of November, 2007 (the “Execution Date”), by and between Osiris Therapeutics, Inc., a Delaware corporation (the “Company”), and Cary J. Claiborne (the “Executive”). The Company and the Executive are sometimes referred to as the “Parties” or individually as a “Party” to this Agreement.

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