0001193125-06-055208 Sample Contracts

SEVERANCE PAYMENT AGREEMENT [To be Used For Executives Other Than President/CEO]
Severance Payment Agreement • March 15th, 2006 • Icagen Inc • Pharmaceutical preparations • North Carolina

THIS SEVERANCE PAYMENT AGREEMENT (the “Agreement”) is entered into as of , 2006 (the “Effective Date”), by and between Icagen, Inc., a Delaware corporation (the “Corporation”), and (the “Executive”), an individual residing in , North Carolina.

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