0001144204-11-049775 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 25th, 2011 • Ventrus Biosciences Inc • Pharmaceutical preparations • New York

This EMPLOYMENT AGREEMENT (the “Agreement”), is entered into as of the Commencement Date (defined below) by and between Ventrus BioSciences, Inc., a Delaware corporation with principal executive offices at 99 Hudson Street, 5th Floor, New York, NY 10013 (the “Company”), and Thomas Rowland residing at 2090 Avery Way, Castle Rock, Colorado 80109 (the “Executive”) and supersedes any prior employment or consulting agreement between the parties.

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AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
Employment Agreement • August 25th, 2011 • Ventrus Biosciences Inc • Pharmaceutical preparations • New York

WHEREAS, the Company and Executive have entered into that certain Employment Agreement, dated as of November 11, 2010 (the “Employment Agreement”);

AMENDMENT NO. 1 TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • August 25th, 2011 • Ventrus Biosciences Inc • Pharmaceutical preparations • New York

WHEREAS, the Company and Executive have entered into that certain Amended and Restated Employment Agreement, dated as of July 19, 2010 (as so amended, the “Employment Agreement”);

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