Payments in the Event of Certain Changes Sample Contracts

Re: Payments in the Event of Certain Changes

Payments in the Event of Certain Changes • April 9th, 2007 • Senetek PLC /Eng/ • Biological products, (no disgnostic substances)

• Contract Type
  Payments in the Event of Certain Changes
• Filed
  April 9th, 2007
• Company
  Senetek PLC /Eng/
• Industry
  Biological products, (no disgnostic substances)

In connection with your employment with Senetek Plc (the “Company”) the Board of Directors has agreed that you should have the benefit of certain protections in the event of certain changes of circumstance that are specifically described in this letter. Defined terms have the meaning ascribed to them in Section 4 of this letter agreement.