pSivida Corp. Watertown, MA 02472Letter Agreement • December 21st, 2010 • pSivida Corp. • Laboratory analytical instruments
This letter agreement (this “Agreement”) hereby amends the terms of the following Nonstatutory Stock Options granted to you: (1) the Nonstatutory Stock Option Granted to you under the pSivida Corp. 2008 Incentive Plan on September 11, 2008 to purchase a total of 40,000 shares of Common Stock (the “2008 Stock Option Grant”), (2) the Nonstatutory Stock Option Granted to you under the pSivida Corp. 2008 Incentive Plan on June 25, 2009 to purchase 50,000 shares of Common Stock (the “2009 Stock Option Grant”), (3) the Nonstatutory Stock Option Granted to you under the pSivida Corp. 2008 Incentive Plan on July 22, 2010 to purchase a total of 23,800 shares of Common Stock (the “2010 Stock Option Grant)” and (4) the Nonstatutory Stock Option Granted to you under the pSivida Corp. 2008 Incentive Plan on July 22, 2010 to purchase a total of 27,200 shares of Common Stock (the “2010 Performance Stock Option Grant”).
pSivida Corp. Watertown, MA 02472pSivida Corp. • December 21st, 2010 • Laboratory analytical instruments • Massachusetts
On behalf of the Board of Directors of pSivida Corp, a Delaware corporation, I am pleased to offer you, Leonard S. Ross (referred to herein as “you” or “Executive”), the following employment agreement pursuant to this letter (the “Agreement”):
