0001400482-15-000033 Sample Contracts

March 24, 2015
Employment Agreement • March 30th, 2015 • Acucela Inc. • Pharmaceutical preparations • Washington

This letter (the “First Amendment”) serves to partially amend your original Employment Agreement with Acucela Inc. (the “Company”) dated September 6, 2014 (the “Employment Agreement,” attached hereto as Exhibit A). This First Amendment will become effective immediately upon the date you and the Company (collectively, the “parties”) sign below. The parties hereby agree that the Employment Agreement is amended as follows:

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SEVERANCE AND CHANGE IN EFFECTIVE CONTROL AGREEMENT
Severance and Change in Effective Control Agreement • March 30th, 2015 • Acucela Inc. • Pharmaceutical preparations • Washington

This Severance and Change in Effective Control Agreement (this “Agreement”) is entered into as of March 24, 2015 (the “Effective Date”) by and between (the “Employee”) and Acucela Inc., a Washington corporation (the “Company”). Capitalized terms shall have the meanings set forth in Section 4 of, or as defined throughout, this Agreement.

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