VIA E-MAIL and HAND DELIVERY Albert HidalgoSeverance Agreement • December 31st, 2012 • Bioanalytical Systems Inc • Services-commercial physical & biological research
BASi Letterhead] July 4, 2012Severance Agreement • December 31st, 2012 • Bioanalytical Systems Inc • Services-commercial physical & biological research
You have indicated that you intend to resign from your position as President and Chief Executive Officer and as a director of Bioanalytical Systems, Inc. ("BASi" or "Company"). This letter will confirm certain agreements between you and the Company concerning the resolution of all contractual and other matters between the parties.
