Executive Agreement and Release Sample Contracts

Re: Exelixis Transition and Consulting Agreement Dear Frank:
Executive Agreement and Release • July 31st, 2014 • Exelixis, Inc. • Services-commercial physical & biological research • California

This letter shall be effective as of May 2, 2014 and sets forth the terms of the executive transition and consulting agreement (the “Agreement”) that Exelixis, Inc. (the “Company”) is offering to aid in your employment transition.

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