exv4w74



 







    Exhibit
    4.74



 



     









    7 Curzon Street, London, W1J 5HG




    Tel: +44 (0)20 7499 9009 Fax: +44 (0)20 7499 9004



 




    Addendum
    to Amarin Executive Employment Contracts — Richard
    A.B. Stewart



 




    Confidential
    Information and Company Documents



 



    The Executive shall neither during the Employment (except in the
    proper performance of his duties) nor at any time after the
    termination of the employment:



 



    (a) divulge or communicate to any person, company, business
    entity or other organisation;



 



    (b) use for his own purposes or for any other purposes
    other than those of the Company or Group Company; or



 



    (c) through any failure to exercise due care and diligence,
    permit or cause any unauthorised disclosure of



 



    any Confidential Information. These restrictions shall cease to
    apply to any information which shall become available to the
    public generally otherwise than through any default of the
    Executive.



 



    All books, notes, memoranda, records, lists of customers and
    suppliers and employees, correspondence, documents, computer and
    other discs, tapes and other data storage, date listings, codes,
    designs, and drawings and other documents and material
    whatsoever (whether made or created by the executive or
    otherwise) relating to the business of the company or any Group
    Company (and copies of the same):



 



    (a) shall be and remain the property of the Company or the
    relevant Group Company; and



 



    (b) shall be handed over by the executive to the Company or
    to the relevant Group Company on demand and in any event on the
    termination of Employment



 




    Intellectual
    Property Rights



 



    It shall be part of the contractual duties of the Executive
    (whether alone or with any other employee of the Company or any
    Group Company) at all times to further the interests of the
    Company and its Group Companies and, without prejudice to the
    generality of the foregoing and to the extent as is consistent
    with the Executive’s role within the Company;



 



    (a) to make, discover and conceive inventions, processes,
    techniques, designs, improvements or developments relating to or
    capable of use or adaptation for use in connection with the
    business or any Group Company (“an Invention”)



 



    (b) to consider in what manner and by what new methods or
    devices the products, services, processes, equipment or systems
    of the Company or any Group Company with which the Executive is
    concerned or for which the Executive is responsible, might be
    improved (“a Development”):



 



    (c) promptly to give to the Company or any Group Company
    full details of any such Invention or Development which the
    Executive may from time to time make or discover in the course
    of their Employment; and



 



    This communication and the
    information it contains are intended for the person(s) or
    organisation(s) named above and for no other person or
    organisation




    and may be confidential and
    protected by law, Unauthorised use, copying or disclosure of any
    part is strictly prohibited and may be unlawful.



 



    Amarin Corporation plc



 


		
	    Registered
    in England No 2353920	    Registered
    office: 110 Cannon Street, London EC4N 6AR













 






    









    7 Curzon Street, London, W1J 5HG




    Tel: +44 (0)20 7499 9009 Fax: +44 (0)20 7499 9004





 



    (d) to further the interests of the Company’s or any
    Group Company’s undertaking with regard thereto



 



    and the Company or any Group Company shall be entitled to the
    exclusive ownership of any such Invention or Development and to
    the exclusive use thereof, provided that this clause shall take
    effect subject to any statutory rights of the Executive.



 



    The Executive shall immediately give full information to the
    Board as to such Invention or Development and the exact mode of
    working, producing, using and exploiting the same and shall also
    give all such explanations and instructions to the Board as may
    be necessary or useful to enable the Company or any Group
    Company to obtain full benefit of them and will at the expense
    of the Company or any Group Company furnish it with all
    necessary plans, drawings, formulae and models applicable to the
    same and shall at the cost and expense of the Company or any
    Group Company execute all documents and do all acts and things
    necessary to enable the Company or any Group Company (or its or
    their nominees) to apply for and obtain protection for such
    Inventions and Developments throughout the world and for vesting
    the ownership of them in the Company or any Group Company (or
    its or their nominees).



 



    The Executive shall not knowingly do anything to imperil the
    validity of any patent or protection related to the business of
    any Company or any Group Company or any application therefore
    but shall at the cost to the Company or any Group Company render
    all possible assistance to the Company or any Group Company both
    in obtaining and in maintaining such patents or other protection.



 



    The Executive shall not either during Employment or any time
    after the Employment exploit or assist others to exploit any
    Invention or Development which the Executive may from time to
    time make or discover in the course of the Employment or (unless
    the same shall have become public knowledge otherwise than by
    breach by the Executive of the terms of the Appointment) make
    public or disclose any such Invention or Development or
    improvement or given any information in respect of the same
    except to the Company or any Group Company or as it may direct.



 



    The Executive hereby irrevocably appoints the Company or any
    Group Company to be the Executive’s attorney in the
    Executive’s name and on the Executive’s behalf to
    execute all documents and do all things necessary and generally
    to use the Executive’s name for the purpose of giving the
    Company or any Group Company (or its or their nominees) the full
    benefit of the provisions of this clause and in favour of any
    third party a certificate in writing signed by any director or
    the secretary of the Company or any Group Company that any
    instrument or act which falls within the authority conferred by
    this clause which shall be conclusive evidence that such is the
    case.



 



    Copyright and unregistered design rights in all works created by
    the Executive in the course of the Employment will, in
    accordance with the Copyright Designs and Patent Act 1988 vest
    in the Company or any Group Company. Rights in any design
    registerable pursuant to the Registered Designs Act 1949, (as
    amended) created by the Executive in the course of his
    Employment shall, in accordance with the Act, vest in the
    Company or any Group Company.



 



    This communication and the
    information it contains are intended for the person(s) or
    organisation(s) named above and for no other person or
    organisation




    and may be confidential and
    protected by law, Unauthorised use, copying or disclosure of any
    part is strictly prohibited and may be unlawful.



 



    Amarin Corporation plc



 


		
	    Registered
    in England No 2353920	    Registered
    office: 110 Cannon Street, London EC4N 6AR













 






    









    7 Curzon Street, London, W1J 5HG




    Tel: +44 (0)20 7499 9009 Fax: +44 (0)20 7499 9004





 




    Restrictions
    during Employment



 



    During the course of Employment the Executive shall not:



 



    (a) be directly or indirectly employed, engaged, concerned
    or interested in any other business or undertaking; or



 



    (b) engage in any activity which the Board reasonably
    considers may be, or become harmful to the interests of Company
    or any Group Company or which might reasonably be considered to
    interfere with the performance of the Executive’s duties
    under this Agreement.



 



    The above Clause shall not apply:



 



    (a) to the Executive holding (directly or through nominees)
    of investments listed on the London Stock Exchange or in respect
    of which dealing takes place in the Unlisted Securities Market
    on the London Stock Exchange or any recognised stock exchange as
    long as he does not hold more than 5% of the issued shares or
    other securities of any class of any one Company; or



 



    (b) to any act undertaken by the executive with the prior
    written consent of the Board; or



 



    (c) to any interest permitted with the prior approval of
    the Board (such interest not to be unreasonably withheld) for
    the Executive to serve from time to time and continue to serve
    on the Boards of and hold any other offices or positions in
    companies or organisations which will not present any conflict
    of interest with Company or any Group Company and provided that
    such activities do not materially detract from the performance
    of the Executive’s duties.



 




    Share
    Dealings



 



    The Executive shall comply fully with Amarin’s Share
    Dealing Code.



 



    I acknowledge receipt of this Addendum to my Contract of
    employment and agree to the terms and conditions as set out
    above.



 


	 	 	 
	

    Signed


	
 
	
    
    









 



    (Richard A.B. Stewart)



 



    Dated 26/2/07



 



    This communication and the
    information it contains are intended for the person(s) or
    organisation(s) named above and for no other person or
    organisation




    and may be confidential and
    protected by law, Unauthorised use, copying or disclosure of any
    part is strictly prohibited and may be unlawful.



 



    Amarin Corporation plc



 


		
	    Registered
    in England No 2353920	    Registered
    office: 110 Cannon Street, London EC4N 6AR