0001168197-14-000034 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 15th, 2014 • Liposcience Inc • In vitro & in vivo diagnostic substances • North Carolina

This EMPLOYMENT AGREEMENT (this “Agreement”) is entered into on May 6, 2014 (the “Effective Date”), by and between William Cromwell, M.D. (“Employee”) and LIPOSCIENCE, INC. (the “Company”). This Agreement supersedes and replaces in its entirety all prior offer letters, employment agreements and severance benefits rights agreements between the Company and Employee (collectively, the “Prior Agreements”), including but not limited to the offer letter dated August 29, 2013. However, this Agreement does not in any way replace or supersede the Confidentiality, Inventions and Non-Competition Agreement between the Company and the Employee dated August 29, 2013, which remains in full force and effect (the “Proprietary Agreement”).

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EMPLOYMENT AGREEMENT
Employment Agreement • May 15th, 2014 • Liposcience Inc • In vitro & in vivo diagnostic substances • North Carolina

This EMPLOYMENT AGREEMENT (this “Agreement”) is entered into on May 15, 2014 (the “Effective Date”), by and between Philip Hilldale (“Employee”) and LIPOSCIENCE, INC. (the “Company”). This Agreement supersedes and replaces in its entirety all prior offer letters, employment agreements and severance benefits rights agreements between the Company and Employee (collectively, the “Prior Agreements”), including but not limited to the offer letter dated August 5, 2013. However, this Agreement does not in any way replace or supersede the Confidentiality, Inventions and Non-Competition Agreement between the Company and the Employee dated July 22, 2013, which remains in full force and effect (the “Proprietary Agreement”).

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