0001193125-10-120706 Sample Contracts

IVAX DIAGNOSTICS, INC. LETTERHEAD]
Severance Agreement • May 14th, 2010 • Ivax Diagnostics Inc • Pharmaceutical preparations • Florida

This is to confirm the termination of your employment with IVAX Diagnostics (the “Company”) effective May 21, 2010 (“Termination Date”). This letter sets forth the terms of the termination of your employment and the benefits the Company will provide to you upon the cessation of your employment if you sign and return this letter agreement to Charles Struby by May 7, 2010 (“Effective Date”) and do not thereafter timely revoke your acceptance. You can, of course, sign and return this letter agreement at any time prior to May 7, 2010 after your review if in your best interest to do so.

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