February 25, 2008Severance Agreement • March 7th, 2008 • Helicos Biosciences Corp • Pharmaceutical preparations • Massachusetts
This letter summarizes the terms of your continuing employment and planned separation from employment with Helicos BioSciences Corporation (the “Company”), and the severance agreement and release between you and the Company (the “Agreement”). The purpose of this Agreement is to establish an amicable arrangement for ending your employment relationship, to release legal claims between you and the Company and to permit you to receive severance pay and related benefits. With these understandings and in exchange for the promises by you and the Company as set forth below, you and the Company agree as follows.
