Exhibit 10.28

 

SEQUENOM, INC.

 

STOCK ISSUANCE AGREEMENT

 

AGREEMENT made this              day of                                  , by
and between SEQUENOM, INC., a Delaware corporation, and
                            , a Participant in the Corporation’s 1999 Stock
Incentive Plan.

 

All capitalized terms in this Agreement shall have the meaning assigned to them
in this Agreement (including the attached Appendix).

 

  A. ISSUANCE OF SHARES

 

1. ISSUANCE. The Corporation hereby issues to Participant                     
shares of Common Stock (the “Issued Shares”) pursuant to the provisions of the
Plan’s Stock Issuance Program, which Issued Shares have a fair market value of
$             per share.

 

2. CONSIDERATION. The Issued Shares are issued to Participant in consideration
of Participant’s past services. Accordingly, the Participant is not required to
make any cash or other payment to the Corporation in order to receive the Issued
Shares.

 

3. STOCKHOLDER RIGHTS. Until such time as the Corporation exercises its
Reacquisition Right, Participant (or any successor in interest) shall have all
the rights of a stockholder (including voting, dividend and liquidation rights)
with respect to the Issued Shares, subject, however, to the transfer
restrictions of this Agreement.

 

4. ESCROW. The Corporation shall have the right to hold the Issued Shares in
escrow until those shares have vested in accordance with the Vesting Schedule.

 

5. COMPLIANCE WITH LAW. Under no circumstances shall shares of Common Stock or
other assets be issued or delivered to Participant pursuant to the provisions of
this Agreement unless, in the opinion of counsel for the Corporation or its
successors, there shall have been compliance with all applicable requirements of
Federal and state securities laws, all applicable listing requirements of any
stock exchange on which the Common Stock is at the time listed for trading (or
any national securities association if the Common Stock is at the time listed on
such association’s automated inter-dealer quotation system) and all other
requirements of law or of any regulatory bodies having jurisdiction over such
issuance and delivery.

 

  B. TRANSFER RESTRICTIONS

 

1. RESTRICTION ON TRANSFER. Except for any Permitted Transfer, Participant shall
not transfer, assign, encumber or otherwise dispose of any of the Issued Shares
which are subject to the Reacquisition Right.

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2. RESTRICTIVE LEGEND. The stock certificate for the Issued Shares shall be
endorsed with appropriate legends determined by the Corporation including the
following restrictive legend:

 

“THE SHARES REPRESENTED BY THIS CERTIFICATE ARE UNVESTED AND SUBJECT TO CERTAIN
REACQUISITION RIGHTS GRANTED TO THE CORPORATION AND ACCORDINGLY MAY NOT BE SOLD,
ASSIGNED, TRANSFERRED, ENCUMBERED, OR IN ANY MANNER DISPOSED OF EXCEPT IN
CONFORMITY WITH THE TERMS OF A WRITTEN AGREEMENT BETWEEN THE CORPORATION AND THE
REGISTERED HOLDER OF THE SHARES (OR THE PREDECESSOR IN INTEREST TO THE SHARES).
A COPY OF SUCH AGREEMENT IS MAINTAINED AT THE CORPORATION’S PRINCIPAL CORPORATE
OFFICES.”

 

3. TRANSFEREE OBLIGATIONS. Each person (other than the Corporation) to whom the
Issued Shares are transferred by means of a Permitted Transfer must, as a
condition precedent to the validity of such transfer, acknowledge in writing to
the Corporation that such person is bound by the provisions of this Agreement
and that the transferred shares are subject to the Reacquisition Right to the
same extent such shares would be so subject if retained by Participant.

 

  C. REACQUISITION RIGHT

 

1. REACQUISITION RIGHT. The Corporation shall have the right (the “Reacquisition
Right”) to reacquire all Issued Shares in which Participant is not, at the time
of his or her cessation of Service, vested in accordance with the Vesting
Schedule set forth in Paragraph C.2 of this Agreement or the special vesting
acceleration provisions of Paragraph C.4 of this Agreement (such shares to be
hereinafter referred to as the “Unvested Shares”) on the following terms and
conditions:

 

(a) The Corporation shall simultaneously with termination of Participant’s
Service automatically reacquire for no consideration all of the Unvested Shares,
unless the Corporation agrees to waive its Reacquisition Right as to some or all
of the Unvested Shares. Any such waiver shall be exercised by the Corporation
solely by written notice to the Owner of the Unvested Shares (with a copy to the
Escrow Agent) within ten (10) business days after the termination of
Participant’s Service, and the Escrow Agent may then release to the Owner of the
Unvested Shares the number of Unvested Shares not being reacquired by the
Corporation. If the Corporation does not waive its Reacquisition Right as to all
of the Unvested Shares, then upon such termination of Participant’s Service, the
Escrow Agent shall transfer to the Corporation the number of shares the
Corporation is reacquiring.

 

(b) The Corporation shall have the right to reacquire Unvested Shares for no
monetary consideration (that is, for $0.00); provided, however, that the
Corporation’s right to reacquire Unvested Shares for no monetary consideration
shall lapse as set forth in Paragraph C.2, subject to the special acceleration
provisions of Paragraph C.4.

 

2.

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(c) The Issued Shares shall be held in escrow pursuant to the terms of the Joint
Escrow Instructions, the form of which is attached hereto as Exhibit II.
Participant shall execute the Joint Escrow Instructions and two (2) Assignments
Separate From Certificate in the form attached hereto as Exhibit I (with date
and number of shares blank) and deliver the same, along with the certificate or
certificates evidencing the shares, for use by the Escrow Agent pursuant to the
terms of the Joint Escrow Instructions.

 

2. TERMINATION OF THE REACQUISITION RIGHT. The Reacquisition Right shall
terminate with respect to any Unvested Shares for which the Corporation agrees
to waive its Reacquisition Right under Paragraph C.1. In addition, the
Reacquisition Right shall terminate and cease to be exercisable with respect to
any and all Issued Shares in which Participant vests in accordance with the
following Vesting Schedule:

 

_______________________________________

 

_______________________________________

 

3. RECAPITALIZATION. Any new, substituted or additional securities or other
property (including cash paid other than as a regular cash dividend) which is by
reason of any Recapitalization distributed with respect to the Issued Shares
shall be immediately subject to the Reacquisition Right and any escrow
requirements hereunder, but only to the extent the Issued Shares are at the time
covered by such right or escrow requirements. Appropriate adjustments to reflect
such distribution shall be made to the number and/or class of securities subject
to this Agreement in order to reflect the effect of any such Recapitalization
upon the Corporation’s capital structure.

 

  4. CORPORATE TRANSACTION.

 

(a) Immediately prior to the consummation of any Corporate Transaction, the
Reacquisition Right shall automatically lapse in its entirety and the Issued
Shares shall vest in full, except to the extent the Reacquisition Right is to be
assigned to the successor corporation (or parent thereof) in connection with the
Corporate Transaction.

 

(b) To the extent the Reacquisition Right remains in effect following a
Corporate Transaction in accordance with Paragraph C.4(a), such right shall
apply to the new capital stock or other property (including any cash payments)
received in exchange for the Issued Shares in consummation of the Corporate
Transaction, but only to the extent the Issued Shares are at the time covered by
such right. The new securities or other property (including cash payments)
issued or distributed with respect to the Issued Shares in consummation of the
Corporate Transaction shall immediately be deposited in escrow with the Escrow
Agent (or the successor Escrow Agent) and shall not be released from escrow
until Participant vests in such securities or other property in accordance with
the same Vesting Schedule in effect for the Issued Shares.

 

  D. SPECIAL TAX ELECTION

 

1. SECTION 83(b) ELECTION. Under Code Section 83, the excess of the fair market
value of the Issued Shares on the date any forfeiture restrictions applicable to
such

 

3.

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shares lapse over any amount paid for such shares will be reportable as ordinary
income on the lapse date. For this purpose, the term “forfeiture restrictions”
includes the right of the Corporation to reacquire the Issued Shares pursuant to
the Reacquisition Right. Participant may elect under Code Section 83(b) to be
taxed at the time the Issued Shares are acquired, rather than when and as such
Issued Shares cease to be subject to such forfeiture restrictions. Such election
must be filed with the Internal Revenue Service within thirty (30) days after
the date of issuance of the Issued Shares. THE FORM FOR MAKING THIS ELECTION MAY
BE OBTAINED FROM THE STOCK PLAN ADMINISTRATOR UPON PARTICIPANT’S REQUEST.
PARTICIPANT UNDERSTANDS THAT FAILURE TO MAKE THIS FILING WITHIN THE APPLICABLE
THIRTY (30)-DAY PERIOD WILL RESULT IN THE RECOGNITION OF ORDINARY INCOME AS THE
FORFEITURE RESTRICTIONS LAPSE.

 

2. FILING RESPONSIBILITY. PARTICIPANT ACKNOWLEDGES THAT IT IS PARTICIPANT’S SOLE
RESPONSIBILITY, AND NOT THE CORPORATION’S, TO FILE A TIMELY ELECTION UNDER CODE
SECTION 83(b), EVEN IF PARTICIPANT REQUESTS THE CORPORATION OR ITS
REPRESENTATIVES TO MAKE THIS FILING ON HIS OR HER BEHALF.

 

  E. WITHHOLDING OBLIGATIONS.

 

1. At the time the Issued Shares are issued, or at any time thereafter as
requested by the Corporation, the Participant hereby authorizes withholding from
payroll and any other amounts payable to Participant, and otherwise agrees to
make adequate provision for any sums required to satisfy the federal, state,
local and foreign tax withholding obligation of the Corporation or an Affiliate,
if any, which arise in connection with Participant’s Issued Shares.

 

2. Unless the tax withholding obligations of the Corporation and/or any
Affiliate are satisfied, the Corporation shall have no obligation to issue a
certificate for such shares or release such Issued Shares from any escrow
provided for herein.

 

  F. GENERAL PROVISIONS

 

1. ASSIGNMENT. The Corporation may assign its rights and obligations under this
Agreement including the Reacquisition Right to any person or entity selected by
the Board, including (without limitation) one or more stockholders of the
Corporation.

 

2. AT WILL EMPLOYMENT. Nothing in this Agreement or in the Plan shall confer
upon Participant any right to continue in Service for any period of specific
duration or interfere with or otherwise restrict in any way the rights of the
Corporation (or any Affiliate employing or retaining Participant) or of
Participant, which rights are hereby expressly reserved by each, to terminate
Participant’s Service at any time for any reason, with or without cause.

 

3. NOTICES. Any notice required to be given under this Agreement shall be in
writing and shall be deemed effective upon personal delivery or upon deposit in
the U.S. mail, registered or certified, postage prepaid and properly addressed
to the party entitled to such notice at the address indicated below such party’s
signature line on this Agreement or at such other address as such party may
designate by ten (10) days advance written notice under this paragraph to all
other parties to this Agreement.

 

4.

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4. NO WAIVER. The failure of the Corporation in any instance to exercise the
Reacquisition Right shall not constitute a waiver of any other Reacquisition
Rights that may subsequently arise under the provisions of this Agreement or any
other agreement between the Corporation and Participant. No waiver of any breach
or condition of this Agreement shall be deemed to be a waiver of any other or
subsequent breach or condition, whether of like or different nature.

 

5. CANCELLATION OF SHARES. If the Corporation shall automatically reacquire the
Issued Shares in accordance with the provisions of this Agreement, then from and
after such time, the person from whom such shares are to be reacquired shall no
longer have any rights as a holder of such shares. Such shares shall be deemed
reacquired in accordance with the applicable provisions hereof, and the
Corporation shall be deemed the owner and holder of such shares, whether or not
the certificates therefor have been delivered as required by this Agreement.

 

6. PARTICIPANT UNDERTAKING. Participant hereby agrees to take whatever
additional action and execute whatever additional documents the Corporation may
deem necessary or advisable in order to carry out or effect one or more of the
obligations or restrictions imposed on either Participant or the Issued Shares
pursuant to the provisions of this Agreement. PARTICIPANT ACKNOWLEDGES AND
AGREES THAT PARTICIPANT HAS REVIEWED THIS AGREEMENT IN ITS ENTIRETY, HAS HAD AN
OPPORTUNITY TO OBTAIN THE ADVICE OF COUNSEL PRIOR TO EXECUTING THIS AGREEMENT
AND ACCEPTING THE ISSUED SHARES AND FULLY UNDERSTANDS ALL PROVISIONS OF THIS
AGREEMENT.

 

7. AGREEMENT IS ENTIRE CONTRACT. This Agreement together with its Appendix and
exhibits constitutes the entire contract between the parties hereto with regard
to the subject matter hereof. This Agreement is made pursuant to the provisions
of the Plan and shall in all respects be construed in conformity with the terms
of the Plan including all interpretations, amendments, rules and regulations
which may from time to time be promulgated and adopted pursuant to the Plan. In
the event of any conflict between the provisions of this Agreement and those of
the Plan, the provisions of the Plan shall control.

 

8. GOVERNING LAW. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of California without resort to that
State’s conflict-of-laws rules.

 

9. COUNTERPARTS. This Agreement may be executed in counterparts, each of which
shall be deemed to be an original, but all of which together shall constitute
one and the same instrument.

 

10. SUCCESSORS AND ASSIGNS. The provisions of this Agreement shall inure to the
benefit of, and be binding upon, the Corporation and its successors and assigns
and upon Participant, Participant’s permitted assigns and the legal
representatives, heirs and legatees of Participant’s estate, whether or not any
such person shall have become a party to this Agreement and have agreed in
writing to join herein and be bound by the terms hereof.

 

5.

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IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year
first indicated above.

 

SEQUENOM, INC.

By:

 

 

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Title:

 

 

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Address:

 

3595 John Hopkins Court

   

San Diego, CA 92121-1331

 

 

PARTICIPANT

 

 

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Signature

   

Address:

 

 

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6.

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SPOUSAL ACKNOWLEDGMENT

 

The undersigned spouse of the Participant has read and hereby approves the
foregoing Stock Issuance Agreement. In consideration of the Corporation’s
granting the Participant the right to acquire the Issued Shares in accordance
with the terms of such Agreement, the undersigned hereby agrees to be
irrevocably bound by all the terms of such Agreement, including (without
limitation) the right of the Corporation (or its assigns) to reacquire any
Issued Shares in which the Participant is not vested at the time of his or her
termination of Service.

 

 

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PARTICIPANT’S SPOUSE

Address:

 

 

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7.

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APPENDIX

 

The following definitions shall be in effect under the Agreement:

 

A. AGREEMENT shall mean this Stock Issuance Agreement.

 

B. AFFILIATE shall mean a Parent or Subsidiary, as defined herein.

 

C. BOARD shall mean the Corporation’s Board of Directors.

 

D. COMMON STOCK shall mean shares of the Corporation’s common stock.

 

E. CODE shall mean the Internal Revenue Code of 1986, as amended.

 

F. CORPORATE TRANSACTION shall mean either of the following stockholder-approved
transactions to which the Corporation is a party:

 

(i) a merger or consolidation in which securities possessing more than fifty
percent (50%) of the total combined voting power of the Corporation’s
outstanding securities are transferred to a person or persons different from the
persons holding those securities immediately prior to such transaction, or

 

(ii) the sale, transfer or other disposition of all or substantially all of the
Corporation’s assets in complete liquidation or dissolution of the Corporation.

 

G. CORPORATION shall mean Sequenom, Inc., a Delaware corporation, and any
successor corporation to all or substantially all of the assets or voting stock
of Sequenom, Inc.

 

H. ESCROW AGENT shall mean the Corporate Secretary of Sequenom, Inc. or any
successor Escrow Agent appointed in accordance with the Joint Escrow
Instructions.

 

I. ISSUED SHARES shall have the meaning assigned to such term in Paragraph A.1.

 

J. OWNER shall mean Participant or a subsequent owner of record of the Issued
Shares who has derived his, her or its chain of ownership solely through
Permitted Transfers.

 

K. PARENT shall mean any corporation (other than the Corporation) in an unbroken
chain of corporations ending with the Corporation, provided each corporation in
the unbroken chain (other than the Corporation) owns, at the time of the
determination, stock possessing fifty percent (50%) or more of the total
combined voting power of all classes of stock in one of the other corporations
in such chain.

 

L. PARTICIPANT shall mean the person to whom the Issued Shares are issued under
the Stock Issuance Program.

 

M. PERMITTED TRANSFER shall mean (i) a gratuitous transfer of the Issued Shares,
provided and only if Participant obtains the Corporation’s prior written consent
to such

 

8.

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transfer, or (ii) a transfer of title to the Issued Shares effected pursuant to
Participant’s will or the laws of inheritance following Participant’s death.

 

N. PLAN shall mean the Corporation’s 1999 Stock Incentive Plan.

 

O. REACQUISITION RIGHT shall mean the right granted to the Corporation in
accordance with Article C.

 

P. RECAPITALIZATION shall mean any stock split, stock dividend,
recapitalization, combination of shares, exchange of shares or other change
affecting the Corporation’s outstanding Common Stock as a class without the
Corporation’s receipt of consideration.

 

Q. SERVICE shall mean the Participant’s performance of services for the
Corporation (or any Affiliate) in the capacity of an employee, subject to the
control and direction of the employer entity as to both the work to be performed
and the manner and method of performance, a non-employee member of the board of
directors or an independent consultant.

 

R. STOCK ISSUANCE PROGRAM shall mean the Stock Issuance Program under the Plan.

 

S. SUBSIDIARY shall mean any corporation (other than the Corporation) in an
unbroken chain of corporations beginning with the Corporation, provided each
corporation (other than the last corporation) in the unbroken chain owns, at the
time of the determination, stock possessing fifty percent (50%) or more of the
total combined voting power of all classes of stock in one of the other
corporations in such chain.

 

T. VESTING SCHEDULE shall mean the vesting schedule specified in Paragraph C.2.

 

U. UNVESTED SHARES shall have the meaning assigned to such term in Paragraph
C.1.

 

9.

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EXHIBIT I

 

ASSIGNMENT SEPARATE FROM CERTIFICATE

 

FOR VALUE RECEIVED and pursuant to that certain Stock Issuance Agreement,
                                 hereby sells, assigns and transfers unto
Sequenom, Inc., a Delaware corporation (“Corporation”)
                                 (            ) shares of the common stock of
the Corporation, standing in the undersigned’s name on the books of said
corporation represented by Certificate No.              herewith and does hereby
irrevocably constitute and appoint                                  as
attorney-in-fact to transfer the said stock on the books of the within named
corporation with full power of substitution in the premises. This Assignment may
be used only in accordance with and subject to the terms and conditions of the
Stock Issuance Agreement, in connection with the reacquisition of shares of
Common Stock of the Corporation issued to the undersigned pursuant to the Stock
Issuance Agreement, and only to the extent that such shares remain subject to
the Corporation’s Reacquisition Right under the Stock Issuance Agreement.

 

Dated:                     

 

Signature:

 

 

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Name:

 

 

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[INSTRUCTION: Please do not fill in any blanks other than the signature and name
lines. The purpose of this Assignment is to enable the Corporation to exercise
its Reacquisition Right set forth in the Stock Issuance Agreement without
requiring additional signatures on your part.]

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EXHIBIT II

 

JOINT ESCROW INSTRUCTIONS

 

[Date]

 

Corporate Secretary

Sequenom, Inc.

3595 John Hopkins Court

San Diego, CA 92121-1331

 

Dear Sir/Madam:

 

As Escrow Agent for both the Corporation and Participant, you are hereby
authorized and directed to hold the documents delivered to you pursuant to the
terms of that certain Stock Issuance Agreement (“Agreement”) dated
                     to which a copy of these Joint Escrow Instructions is
attached, in accordance with the following instructions. Capitalized terms not
otherwise defined herein shall have their respective meanings as set forth in
the Agreement.

 

1. In the event Participant ceases to render Service to the Corporation or an
Affiliate of the Corporation during the vesting period set forth in the
Agreement, unless you receive a written notice from the Corporation waiving its
Reacquisition Right to some or all of the Unvested Shares, you will transfer to
the Corporation all of the Unvested Shares effective upon the termination of
Participant’s Service. The Corporation will notify you regarding the number of
Unvested Shares that shall be transferred to the Corporation. If the Corporation
determines to waive its Reacquisition Right, the Corporation or its assignee
will give to Participant and you a written notice within ten (10) business days
after the termination of Participant’s Service specifying the number of Unvested
Shares that shall be transferred to the Participant. Participant and the
Corporation hereby irrevocably authorize and direct you to close any transaction
contemplated by such notices in accordance with the terms of said notices.

 

2. At the closing you are directed (a) to date any stock assignments necessary
for the transfer in question, (b) to fill in the number of Unvested Shares being
transferred, and (c) to deliver same, together with the certificate evidencing
the Unvested Shares to be transferred, to the Corporation.

 

3. Participant irrevocably authorizes the Corporation to deposit with you any
certificates evidencing Unvested Shares to be held by you hereunder and any
additions and substitutions to said Unvested Shares as specified in the
Agreement. Participant does hereby irrevocably constitute and appoint you as
Participant’s attorney-in-fact and agent for the term of this escrow to execute
with respect to such securities and other property all documents of assignment
and/or transfer and all stock certificates necessary or appropriate to make all
securities negotiable and complete any transaction herein contemplated.

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4. This escrow shall terminate upon vesting of the Unvested Shares or upon the
earlier return of the Unvested Shares to the Corporation.

 

5. If at the time of termination of this escrow you should have in your
possession any documents, securities, or other property belonging to
Participant, you shall deliver all of same to any pledgee entitled thereto or,
if none, to Participant and shall be discharged of all further obligations
hereunder.

 

6. Your duties hereunder may be altered, amended, modified or revoked only by a
writing signed by all of the parties hereto.

 

7. You shall be obligated only for the performance of such duties as are
specifically set forth herein and may rely and shall be protected in relying or
refraining from acting on any instrument reasonably believed by you to be
genuine and to have been signed or presented by the proper party or parties or
their assignees. You shall not be personally liable for any act you may do or
omit to do hereunder as Escrow Agent or as attorney-in-fact for Participant
while acting in good faith and any act done or omitted by you pursuant to the
advice of your own attorneys shall be conclusive evidence of such good faith.

 

8. You are hereby expressly authorized to disregard any and all warnings given
by any of the parties hereto or by any other person or corporation, excepting
only orders or process of courts of law, and are hereby expressly authorized to
comply with and obey orders, judgments or decrees of any court. In case you obey
or comply with any such order, judgment or decree of any court, you shall not be
liable to any of the parties hereto or to any other person, firm or corporation
by reason of such compliance, notwithstanding any such order, judgment or decree
being subsequently reversed, modified, annulled, set aside, vacated or found to
have been entered without jurisdiction.

 

9. You shall not be liable in any respect on account of the identity, authority
or rights of the parties executing or delivering or purporting to execute or
deliver the Agreement or any documents or papers deposited or called for
hereunder.

 

10. You shall not be liable for the outlawing of any rights under any statute of
limitations with respect to these Joint Escrow Instructions or any documents
deposited with you.

 

11. You shall be entitled to employ such legal counsel, including but not
limited to Cooley Godward LLP, and other experts as you may deem necessary
properly to advise you in connection with your obligations hereunder, may rely
upon the advice of such counsel, and may pay such counsel reasonable
compensation therefor.

 

12. Your responsibilities as Escrow Agent hereunder shall terminate if you shall
cease to be Secretary of the Corporation or if you shall resign by written
notice to each party. In the event of any such termination, the Corporation may
appoint any officer or assistant officer of the Corporation as successor Escrow
Agent and Participant hereby confirms the appointment of such successor or
successors as his attorney-in-fact and agent to the full extent of your
appointment.

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13. If you reasonably require other or further instruments in connection with
these Joint Escrow Instructions or obligations in respect hereto, the necessary
parties hereto shall join in furnishing such instruments.

 

14. It is understood and agreed that should any dispute arise with respect to
the delivery and/or ownership or right of possession of the securities, you may
(but are not obligated to) retain in your possession without liability to anyone
all or any part of said securities until such dispute shall have been settled
either by mutual written agreement of the parties concerned or by a final order,
decree or judgment of a court of competent jurisdiction after the time for
appeal has expired and no appeal has been perfected, but you shall be under no
duty whatsoever to institute or defend any such proceedings.

 

15. Any notice required or permitted hereunder shall be given in writing and
shall be deemed effectively given upon personal delivery or upon deposit in any
United States Post Box, by registered or certified mail with postage and fees
prepaid, addressed to each of the other parties hereunto entitled at the
following addresses, or at such other addresses as a party may designate by ten
(10) days’ written notice to each of the other parties hereto:

 

CORPORATION:

  

Sequenom, Inc.

    

3595 John Hopkins Court

    

San Diego, CA 92121-1331

    

Attn: * General Counsel / Chief Financial Officer

PARTICIPANT:

  

 

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ESCROW AGENT:

  

Sequenom, Inc.

    

3595 John Hopkins Court

    

San Diego, CA 92121-1331

    

Attn: Corporate Secretary

 

16. By signing these Joint Escrow Instructions you become a party hereto only
for the purpose of said Joint Escrow Instructions; you do not become a party to
the Agreement.

 

17. This instrument shall be binding upon and inure to the benefit of the
parties hereto, and their respective successors and permitted assigns. It is
understood and agreed that references to “you” or “your” herein refer to the
original Escrow Agent and to any and all successor Escrow Agents. It is
understood and agreed that the Corporation may at any time or from time to time
assign its rights under the Agreement and these Joint Escrow Instructions in
whole or in part.

 

 

 

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

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Very truly yours,

SEQUENOM, INC.

By:

 

 

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PARTICIPANT

 

 

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Name:

 

 

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ESCROW AGENT:

 

 

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[SIGNATURE PAGE TO JOINT ESCROW INSTRUCTIONS]