March 6, 2008 Douglas Casterlin 12675 N. Caminito Al Sol Tucson, AZ 85755 Dear Doug,Employment Agreement • May 1st, 2008 • American Bio Medica Corp • Pharmaceutical preparations • New York
It is our pleasure to formally offer you the position of Executive Vice President, Operations for American Bio Medica Corporation (“ABMC” or the “Company”), reporting directly to the ABMC Chief Executive Officer. This agreement supersedes all other agreements whether written or verbal and may not be amended except by a writing signed by you and the Chief Executive Officer, and approved by the Board of Directors. Your position will be primarily located at our New York corporate facility although overnight travel may be required from time to time. You will perform all duties as are generally associated with the position of Executive Vice President, Operations, as directed by the Chief Executive Officer. Below, we have outlined the major terms and conditions applicable to your position.
