SERVICE AGREEMENT between GPC Biotech AG Fraunhoferstrasse. 20 82152 Martinsried Planegg (hereinafter “Company”) and Dr. Mirko Scherer Fraunhoferstrasse. 20 82152 Martinsried (hereinafter “Member of the Management Board”) ResponsibilitiesService Agreement • June 21st, 2007 • GPC Biotech Ag • Pharmaceutical preparations
SERVICE AGREEMENT between GPC Biotech AG Fraunhoferstrasse. 20 82152 Martinsried Planegg (hereinafter “Company”) and Dr. Bernd Robert Seizinger Fraunhoferstrasse. 20 82152 Martinsried (hereinafter “Chief Executive Officer”) Responsibilities Term of...Service Agreement • June 21st, 2007 • GPC Biotech Ag • Pharmaceutical preparations
The annual salary shall be reviewed by the Supervisory Board annually with regard to a possible increase. The next annual review for a possible increase in the gross salary is planned for Q3, 2007. An adjustment of the German share (in EUR) relative to the U.S. share (in U.S. $) of the Chief Executive Officer’s gross salary is possible at any time with the approval of the Supervisory Board, so as to reflect a possible change in the relative amount of time spent by the Chief Executive Officer working for the Company in Germany relative to the USA.
