CONSULTING AGREEMENT Arbios Systems, Inc. Waltham, Massachusetts 02451Consulting Agreement • November 14th, 2007 • Arbios Systems Inc • Surgical & medical instruments & apparatus • Massachusetts
This letter is to confirm our understanding with respect to (i) your rendering services as a consultant to the Company, (ii) your continuing agreement not to compete with the company in its direct area of business, (iii) your continuing agreement to protect and preserve information and property which is confidential and proprietary to the Company or other parties with whom the Company does business, and (iv) your agreement to release the Company from potential claims associated with your past employment (the terms and conditions agreed to in this letter shall hereinafter be referred to as the “Agreement”). Hereinafter, reference to “you” or to “we” includes in each case you and all other associates or subcontractors, if any, which you may employ on behalf of the Company, whom you shall ensure are bound by the terms of this Agreement. In consideration of the mutual promises and covenants contained in this Agreement, and for other good and valuable consideration, the receipt and sufficie
Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 406 of the Securities Act SUPPLY AGREEMENTSupply Agreement • November 14th, 2007 • Arbios Systems Inc • Surgical & medical instruments & apparatus • North Carolina
This Supply Agreement (“Agreement”) is made and entered into as of the 14th day of September, 2007 (the “Effective Date”), by and between Membrana GmbH, a company organized under the laws of Germany (hereinafter called “Membrana”), and Arbios Systems, Inc. a corporation organized under the laws of Delaware (hereinafter called “Arbios”). The parties agree as follows:
ARBIOS SYSTEMS, INC.Letter Agreement • November 14th, 2007 • Arbios Systems Inc • Surgical & medical instruments & apparatus • Massachusetts
The purpose of this letter agreement (the “Agreement”) is to set forth the terms regarding your separation of employment from Arbios Systems, Inc. (the “Company”). As more fully set forth below, the Company desires to provide you with severance pay and benefits in exchange for certain agreements by you. This agreement shall become effective (the “Effective Date”) upon full execution and upon expiration of the revocation period (without revocation by you) set forth in paragraph 10 below.
