0001193125-12-201966 Sample Contracts

April 30, 2012 Marc L. Steuer Palo Alto, CA 94304 Dear Marc:
Separation Agreement • May 2nd, 2012 • Telik Inc • Pharmaceutical preparations • California

As 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.

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