April 30, 2012 Marc L. Steuer Palo Alto, CA 94304 Dear Marc:Telik Inc • May 2nd, 2012 • Pharmaceutical preparations • California
Company FiledMay 2nd, 2012 Industry JurisdictionAs you have been informed, Telik, Inc. (the “Company”) is eliminating your job position as part of an effort to reduce costs. This letter describes the separation agreement (the “Agreement”) which the Company is offering you.