SEPARATION AND RELEASE AND TRANSITIONAL SERVICES AGREEMENTSeparation and Release and Transitional Services Agreement • September 8th, 2011 • Dendreon Corp • Pharmaceutical preparations • Washington
I, Hans Bishop, understand and agree that all aspects of my employment at Dendreon Corporation (the "Company") will cease effective September 30, 2011 (“Termination Date”). The Company agrees that as of the Termination Date, the termination is pursuant to Section 6.2(a) of my Executive Employment Agreement effective as of May 26, 2010 (“Employment Agreement”). On the first regular payday following the Termination Date, I will receive or received a lump sum payment equivalent to: (i) any portion of my current Base Salary earned but not yet paid as of the Termination Date, (ii) any accrued unused vacation as of the Termination Date, each less required withholdings, and (iii) any unpaid reimbursable expenses that have been properly submitted to the Company.
