February 6, 2007 VIA HAND DELIVERY Lance K. Gordon, Ph.D. VaxGen, Inc. 1000 Marina Blvd. Brisbane, CA 94005-1841 Re: Resignation Agreement Dear Lance:Resignation Agreement • September 20th, 2007 • Vaxgen Inc • Pharmaceutical preparations • California
Pursuant to our discussions concerning the resignation of your employment with VaxGen, Inc. (the “Company”), this letter sets forth the terms of the resignation agreement (the “Agreement”) between you and the Company.
