Exhibit 10.2


 


INDEMNIFICATION
AGREEMENT


 


This Indemnification Agreement (this “Agreement”) is made as of
this     day of       , 20  ,
by and between Quidel Corporation, a Delaware corporation (the “Company”)
and                                    
(“Indemnitee”).


 


RECITALS


 


WHEREAS, the Board of Directors has determined that in order to attract
and retain qualified persons as directors and officers of the Company, it is in
the best interests of the Company and its stockholders to assure such persons
that there will be adequate certainty of protection through insurance and
indemnification against risks of claims and actions against them arising out of
their service to and activities on behalf of the Company; and


 


WHEREAS, the Company has adopted provisions in
its By-laws providing for indemnification of its officers and directors to the
fullest extent permitted by applicable law, and the Company wishes to clarify
and detail the rights and obligations of the Company and Indemnitee with
respect to indemnification; and


 


WHEREAS, in order to induce and encourage highly experienced and
capable persons such as Indemnitee to serve and continue to serve as directors
and officers of the Company and in any other capacity with respect to the
Company, and to otherwise promote the desirable end that such persons will
resist what they consider unjustified lawsuits and claims made against them in
connection with the good faith performance of their duties to the Company, with
the knowledge that certain costs, judgments, penalties, fines, liabilities and
expenses incurred by them in their defense of such litigation are to be borne
by the Company and they will receive the maximum protection against such risks
and liabilities as may be afforded by law, the Board of Directors of the
Company has determined that the following Agreement is reasonable and prudent
to promote and ensure the best interests of the Company and its stockholders;
and


 


WHEREAS, the Company desires to have Indemnitee continue to serve as a
director and/or officer of the Company and in such other capacity with respect
to the Company as the Company may request, as the case may be, free from undue
concern for unpredictable, inappropriate or unreasonable legal risks and
personal liabilities by reason of Indemnitee acting in good faith in the
performance of Indemnitee’s duty to the Company; and Indemnitee desires to
continue so to serve the Company, provided, and on the express condition, that
he or she is furnished with the indemnity set forth hereinafter.


 


Now, therefore, in consideration of
Indemnitee’s continued service as a director and/or officer of the Company, the
parties hereto agree as follows:


 


AGREEMENT


 


1.                                       Service
by Indemnitee.  Indemnitee will serve
and/or continue to serve as a director or officer of the Company faithfully and
to the best of Indemnitee’s ability so long as Indemnitee is duly elected or
appointed and until such time as Indemnitee is removed as permitted by law or
tenders a resignation in writing.


 





















 


2.                                       Indemnification.  The Company shall indemnify Indemnitee to the
fullest extent permitted by the Delaware General Corporation Law in effect on
the date hereof or as such law may be amended from time to time (but, in the
case of any such amendment, only to the extent that such amendment permits the
Company to provide broader indemnification rights than said law permitted the
Company to provide prior to such amendment). 
Without diminishing the scope of the indemnification provided by this
Section, the rights of indemnification of Indemnitee provided hereunder shall
include but shall not be limited to those rights hereinafter set forth, except
that no indemnification shall be paid to Indemnitee:


 


(a)                                  for
which payment is actually made to Indemnitee under a valid and collectible
insurance policy or under a valid and enforceable indemnity clause, by-law or
agreement of the Company or any other company or organization on whose board
Indemnitee serves at the request of the Company, except in respect of any
indemnity exceeding the payment under such insurance, clause, by-law or
agreement;


 


(b)                                 in
connection with an action, suit or proceeding, or part thereof (including
claims and counterclaims) initiated or brought voluntarily by Indemnitee and
not by way of defense, except a judicial proceeding or arbitration pursuant to Section 11
to enforce rights under this Agreement, unless the action, suit or proceeding
(or part thereof) was authorized by the Board of Directors of the Company;


 


(c)                                  on
account of Indemnitee’s conduct which is finally adjudged to have been
knowingly fraudulent or deliberately dishonest, or to constitute willful
misconduct;


 


(d)                                 on
account of any suit in which judgment is rendered against Indemnitee for an
accounting of profits made for the purchase or sale by Indemnitee of securities
of the Company pursuant to Section 16(b) of the Securities Exchange
Act of 1934, as amended, or any similar successor statute;


 


(e)                                  with
respect to any action, suit or proceeding brought by or on behalf of the
Company against Indemnitee that is authorized by the Board of Directors of the
Company, except as provided in Sections 4, 5 and 6 below; and


 


(f)                                    if
a final decision by a court having competent jurisdiction in the matter shall
determine that such indemnification is not lawful.


 


3.                                       Action
or Proceedings Other than an Action by or in the Right of the Company.  Except as limited by Section 2 above,
Indemnitee shall be entitled to the indemnification rights provided in this Section if
Indemnitee is a party or is threatened to be made a party to any Proceeding
(defined below) (other than an action by or in the right of the Company) by
reason of the fact that Indemnitee is or was a director, officer, employee or
agent of the Company, or is or was serving at the request of the Company as a
director, officer, employee or agent or fiduciary of any other entity
(including, but not limited to, another corporation, partnership, joint
venture, trust or employee benefit plan); or by reason of anything done or not
done by Indemnitee in any such capacity. 
Pursuant to this Section, Indemnitee shall be indemnified against all
costs, judgments, penalties, fines, liabilities, amounts paid in settlement by
or on behalf of Indemnitee, and Expenses (defined below) actually and
reasonably incurred by Indemnitee in connection with such Proceeding, if
Indemnitee acted in good faith and in a manner he or she reasonably believed to
be in or not opposed to the best interests of the Company, and with respect to
any criminal Proceeding, had no reasonable cause to believe his or her conduct
was unlawful.


 





















 


4.                                       Indemnity
in Proceedings by or in the Right of the Company.  Except as limited by Section 2 above,
Indemnitee shall be entitled to the indemnification rights provided in this Section if
Indemnitee was or is a party or is threatened to be made a party to any
Proceeding brought by or in the right of the Company to procure a judgment in
its favor by reason of the fact that Indemnitee is or was a director, officer,
employee, agent or fiduciary of the Company, or by reason of anything done or
not done by Indemnitee in any such capacity. 
Pursuant to this Section, Indemnitee shall be indemnified against all
costs, judgments, penalties, fines, liabilities, amounts paid in settlement by
or on behalf of Indemnitee, and Expenses actually and reasonably incurred by
Indemnitee in connection with such Proceeding if Indemnitee acted in good faith
and in a manner Indemnitee reasonably believed to be in or not opposed to the
best interests of the Company; provided, however, that no such
indemnification shall be made in respect of any claim, issue, or matter as to
which Delaware law expressly prohibits such indemnification by reason of any
adjudication of liability of Indemnitee to the Company, unless and only to the
extent that the Court of Chancery of the State of Delaware or the court in
which such action or suit was brought shall determine upon application that,
despite the adjudication of liability but in view of all the circumstances of
the case, Indemnitee is entitled to indemnification for such costs, judgments,
penalties, fines, liabilities and Expenses as such court shall deem proper.


 


5.                                       Indemnification
for Costs, Charges and Expenses of Successful Party.  Notwithstanding the limitations of Section 2(e),
3 and 4 above, to the extent that Indemnitee has been successful, on the merits
or otherwise, in whole or in part, in defense of any action, suit or proceeding
(including an action, suit or proceeding brought by or on behalf of the
Company) or in defense of any claim, issue or matter therein, including,
without limitation, the dismissal of any action without prejudice, or if it is
ultimately determined that Indemnitee is otherwise entitled to be indemnified
against Expenses, Indemnitee shall be indemnified against all Expenses actually
and reasonably incurred in connection therewith.


 


6.                                       Partial
Indemnification.  If Indemnitee is
entitled under any provision of this Agreement to indemnification by the
Company for some or a portion of the costs, judgments, penalties, fines,
liabilities or Expenses actually and reasonably incurred in connection with any
action, suit or proceeding (including an action, suit or proceeding brought by
or on behalf of the Company), but not, however, for all of the total amount
thereof, the Company shall nevertheless indemnify Indemnitee for the portion of
such costs, judgments, penalties, fines, liabilities and Expenses actually and
reasonably incurred to which Indemnitee is entitled.


 


7.                                       Contribution.  If the indemnification provided in Sections
3, 4 and 6 above is unavailable and may not be paid to Indemnitee for any
reason (other than those set forth in Section 2(a)-(f)), then with respect
to any Proceeding in which the Company is jointly liable with Indemnitee (or
would be if joined in such Proceeding), the Company shall contribute to the
amount of Expenses, judgments, fines and amounts paid in settlement actually
and reasonably incurred and paid or payable by Indemnitee to the fullest extent
allowed by applicable law, in such proportion as is appropriate to reflect (i) the
relative benefits received by the Company on the one hand and by the Indemnitee
on the other hand from the transaction from which such Proceeding arose and (ii) the
relative fault of the Company on the one hand and the Indemnitee other hand in
connection with the events which resulted in such Expenses, judgments, fines or
settlement amounts, as well as any other relevant equitable
considerations.  The relative fault of
the Company on the one hand and of the Indemnitee on the other hand shall be
determined by reference to, among other matters, the parties’ relative intent,
knowledge, access to information and opportunity to correct or prevent the
circumstances resulting in such Expenses, judgments, fines or settlement
amounts.  The Company agrees that it
would not be just and equitable if contribution pursuant to this Section 7
were


 





















 


determined by pro rata allocation or any other method of allocation
which does not take into account the foregoing equitable considerations.


 


8.                                       Indemnification
for Expenses of a Witness. 
Notwithstanding any other provision of this Agreement, to the maximum
extent permitted by applicable law, Indemnitee shall be entitled to
indemnification against all Expenses actually and reasonably incurred or suffered
by Indemnitee or on Indemnitee’s behalf if Indemnitee appears as a witness or
otherwise incurs legal expenses as a result of or related to Indemnitee’s
service as a director, officer, employee, agent or fiduciary of the Company or,
at the request of the Company, of any other entity, in any threatened, pending
or completed legal, administrative, investigative or other proceeding or matter
to which Indemnitee neither is, nor is threatened to be made, a party.


 


9.                                       Determination
of Entitlement to Indemnification. 
Upon written request by Indemnitee for indemnification pursuant to
Sections 3, 4, 5, 6 or 8, the entitlement of Indemnitee to
indemnification, to the extent not provided pursuant to the terms of this
Agreement, shall be determined by the following person or persons who shall be
empowered to make such determination:  (a) the
Board of Directors of the Company by a majority vote of Disinterested Directors
(defined below), whether or not such majority constitutes a quorum; (b) a
committee of Disinterested Directors designated by a majority vote of such
directors, whether or not such majority constitutes a quorum; (c) if there
are no Disinterested Directors, or if the Disinterested Directors so direct, by
Independent Counsel (defined below) in a written opinion to the Board of
Directors, a copy of which shall be delivered to Indemnitee; or (d) the
stockholders of the Company.  Such
Independent Counsel shall be selected by the Board of Directors and approved by
Indemnitee.  Upon failure of the Board so
to select such Independent Counsel or upon failure of Indemnitee so to approve,
such Independent Counsel shall be selected upon application to a court of
competent jurisdiction.  Such
determination of entitlement to indemnification shall be made not later than
forty-five (45) calendar days after receipt by the Company of a written request
for indemnification.  Such request shall
include documentation or information which is reasonably necessary for such
determination and which is reasonably available to Indemnitee.  Any Expenses incurred by Indemnitee in
connection with a request for indemnification or payment of Expenses hereunder,
under any other agreement, any provision of the Company’s By-laws or any
directors’ and officers’ liability insurance, shall be borne by the
Company.  The Company hereby indemnifies
Indemnitee for any such Expense and agrees to hold Indemnitee harmless
therefrom irrespective of the outcome of the determination of Indemnitee’s
entitlement to indemnification.  If the
person making such determination shall determine that Indemnitee is entitled to
indemnification as to part (but not all) of the application for
indemnification, such person shall reasonably prorate such partial
indemnification among the claims, issues or matters at issue at the time of the
determination.


 


10.                                 Presumptions
and Effect of Certain Proceedings. 
The General Counsel of the Company (or if there is no General Counsel,
the President of the Company) shall, promptly upon receipt of Indemnitee’s
request for indemnification, advise in writing the Board of Directors or such
other person or persons empowered to make the determination as provided in Section 9
that Indemnitee has made such request for indemnification.  Upon making such request for indemnification,
Indemnitee shall be presumed to be entitled to indemnification hereunder and
the Company shall have the burden of proof in making any determination contrary
to such presumption.  If the person or
persons so empowered to make such determination shall have failed to make the
requested determination with respect to indemnification within forty-five (45)
calendar days after receipt by the Company of such request, a requisite
determination of entitlement to indemnification shall be deemed to have been
made and Indemnitee shall be entitled to such indemnification (i) absent
actual and material fraud in the request for indemnification or (ii) a
prohibition of such indemnification under applicable law; provided, however,
that such 45-day period may be extended


 





















 


for a reasonable period of time, not to exceed an
additional thirty (30) calendar days, if the person or persons or entity making
the determination with respect to entitlement to indemnification in good faith
requires such additional time for the obtaining or evaluating documentation and/or
information relating thereto.  The
termination of any Proceeding described in Sections 3 or 4 by
judgment, order, settlement or conviction, or upon a plea of nolo contendere or its equivalent, shall not, of
itself:  (a) create a presumption
that Indemnitee did not act in good faith and in a manner which Indemnitee
reasonably believed to be in or not opposed to the best interests of the
Company, or, with respect to any criminal Proceeding, that Indemnitee had
reasonable cause to believe that Indemnitee’s conduct was unlawful; or (b) otherwise
adversely affect the rights of Indemnitee to indemnification except as may be
provided herein.


 


11.                                 Remedies
of Indemnitee in Cases of Determination not to Indemnify or to Pay Expenses.  In the event that a determination is made
that Indemnitee is not entitled to indemnification hereunder or if payment has
not been timely made following a determination of entitlement to
indemnification pursuant to Sections 9 and 10, or if Expenses are not
paid pursuant to Section 16, Indemnitee shall be entitled to final
adjudication in a court of competent jurisdiction of entitlement to such
indemnification or payment. 
Alternatively, Indemnitee at Indemnitee’s option may seek an award in an
arbitration to be conducted by a single arbitrator pursuant to the rules of
the American Arbitration Association, such award to be made within sixty (60)
days following the filing of the demand for arbitration.  The Company shall not oppose Indemnitee’s
right to seek any such adjudication or award in arbitration or any other
claim.  The determination in any such
judicial proceeding or arbitration shall be made de novo
and Indemnitee shall not be prejudiced by reason of a determination (if so
made) pursuant to Sections 9 or 10 that Indemnitee is not entitled to
indemnification.  If a determination is
made or deemed to have been made pursuant to the terms of Section 9
or 10 that Indemnitee is entitled to indemnification, the Company shall be
bound by such determination and is precluded from asserting that such
determination has not been made or that the procedure by which such
determination was made is not valid, binding and enforceable.  The Company further agrees to stipulate in
any such court or before any such arbitrator that the Company is bound by all
the provisions of this Agreement and is precluded from making any assertions to
the contrary.  If the court or arbitrator
shall determine that Indemnitee is entitled to any indemnification or payment
of Expenses hereunder, the Company shall pay all Expenses actually and
reasonably incurred by Indemnitee in connection with such adjudication or award
in arbitration (including, but not limited to, any appellate Proceedings).


 


12.                                 Other
Rights to Indemnification. 
Indemnification and payment of Expenses provided by this Agreement shall
not be deemed exclusive of any other rights to which Indemnitee may now or in
the future be entitled under any provision of the By-laws or other
organizational documents of the Company, vote of stockholders or Disinterested
Directors, provision of law, agreement or otherwise.


 


13.                                 Expenses
to Enforce Agreement.  In the event
that Indemnitee is subject to or intervenes in any Proceeding in which the
validity or enforceability of this Agreement is at issue or seeks an
adjudication or award in arbitration to enforce Indemnitee’s rights under, or
to recover damages for breach of, this Agreement, Indemnitee, if Indemnitee
prevails in whole or in part in such action, shall be entitled to recover from
the Company and shall be indemnified by the Company against any actual Expenses
incurred by Indemnitee in connection with such action.


 


14.                                 Continuation of
Indemnity.  All agreements and
obligations of the Company contained herein shall continue during the period
Indemnitee is a director, officer, employee or agent of the Company or is
serving at the request of the Company as a director, officer, employee, agent
or fiduciary of any other entity (including, but not limited to, another
corporation, partnership, joint


 





















 


venture, trust or employee benefit plan) and shall continue thereafter
with respect to any possible claims based on the fact that Indemnitee was a
director, officer, employee or agent of the Company or was serving at the
request of the Company as a director, officer, employee, agent or fiduciary of
any other entity (including, but not limited to, another corporation,
partnership, joint venture, trust or employee benefit plan).  This Agreement shall be binding upon all
successors and assigns of the Company (including any transferee of all or
substantially all of its assets and any successor by merger or operation of
law) and shall inure to the benefit of the heirs, personal representatives and
estate of Indemnitee.


 


15.                                 Notification
and Defense of Claim.  Promptly after
receipt by Indemnitee of notice of any Proceeding, Indemnitee will, if a claim
in respect thereof is to be made against the Company under this Agreement,
notify the Company in writing of the commencement thereof; but the omission so
to notify the Company will not relieve the Company from any liability that the
Company may have to Indemnitee. 
Notwithstanding any other provision of this Agreement, with respect to
any such Proceeding of which Indemnitee notifies the Company:


 


(a)                                  The
Company shall be entitled to participate therein at its own expense; and


 


(b)                                 Except
as otherwise provided in this Section 15(b), to the extent that it may
wish, the Company, jointly with any other indemnifying party similarly
notified, shall be entitled to assume the defense thereof, with counsel
satisfactory to Indemnitee.  After notice
from the Company to Indemnitee of its election so to assume the defense
thereof, the Company shall not be liable to Indemnitee under this Agreement for
any expenses of counsel subsequently incurred by Indemnitee in connection with
the defense thereof except as otherwise provided below.  Indemnitee shall have the right to employ
Indemnitee’s own counsel in such Proceeding, but the fees and expenses of such
counsel incurred after notice from the Company of its assumption of the defense
thereof shall be at the expense of Indemnitee unless (i) the employment of
counsel by Indemnitee has been authorized by the Company, (ii) Indemnitee
shall have reasonably concluded that there may be a conflict of interest
between the Company and Indemnitee in the conduct of the defense of such action
or (iii) the Company shall not within sixty (60) calendar days of receipt
of notice from Indemnitee in fact have employed counsel to assume the defense
of the action, in each of which cases the fees and expenses of Indemnitee’s
counsel shall be at the expense of the Company. 
The Company shall not be entitled to assume the defense of any
Proceeding brought by or on behalf of the Company or as to which Indemnitee
shall have made the conclusion provided for in (ii) above; and


 


(c)                                  If
the Company has assumed the defense of a Proceeding, the Company shall not be
liable to indemnify Indemnitee under this Agreement for any amounts paid in
settlement of any Proceeding effected without the Company’s written
consent.  The Company shall not settle
any Proceeding in any manner that would impose any penalty or limitation on or
disclosure obligation with respect to Indemnitee without Indemnitee’s written
consent.  Neither the Company nor
Indemnitee will unreasonably withhold consent to any proposed settlement.


 


16.                                 Advancement
of Expenses.  All Expenses incurred
by Indemnitee in advance of the final disposition of any Proceeding shall be
paid by the Company at the request of Indemnitee, each such payment to be made
within thirty (30) calendar days after the receipt by the Company of a
statement or statements from Indemnitee requesting such payment or payments
from time to time.  Indemnitee’s
entitlement to such Expenses shall include those incurred in connection with
any Proceeding by Indemnitee seeking a judgment in court or an adjudication or
award in arbitration pursuant to this Agreement (including the enforcement of
this provision).  Such statement or


 





















 


statements (i) shall reasonably evidence the Expenses incurred by
Indemnitee in connection therewith, (ii) shall include or be accompanied
by such documentation and information as is reasonably requested by the Company
to determine the nature of the Proceeding and whether Indemnitee is entitled to
the advancement of Expenses and (iii) if requested by the Company because
the undertaking in the next sentence is not deemed sufficient for any reason,
shall include or be accompanied by a written undertaking, by or on behalf of
Indemnitee to reimburse such amounts advanced if it is finally determined,
after all appeals by a court of competent jurisdiction, that Indemnitee is not
entitled to be indemnified against such Expenses by the Company as provided by
this Agreement or otherwise.  In this
regard, Indemnitee hereby expressly undertakes to repay any Expenses advanced
to Indemnitee if it shall ultimately be determined that Indemnitee is not
entitled to be indemnified against such Expenses.  Any advances or undertakings to repay
pursuant to this Section 16 shall be unsecured.


 


17.                                 Separability; Prior
Indemnification Agreements.  If any
provision or provisions of this Agreement shall be held to be invalid, illegal
or unenforceable for any reason whatsoever (a) the validity, legality and
enforceability of the remaining provisions of this Agreement (including without
limitation, all portions of any paragraphs of this Agreement containing any
such provision held to be invalid, illegal or unenforceable, that are not by
themselves invalid, illegal or unenforceable) shall not in any way be affected
or impaired thereby, and (b) to the fullest extent possible, the
provisions of this Agreement (including, without limitation, all portions of
any paragraph of this Agreement containing any such provision held to be invalid,
illegal or unenforceable, that are not themselves invalid, illegal or
unenforceable) shall be construed so as to give effect to the intent of the
parties that the Company provide protection to Indemnitee to the fullest
enforceable extent.  This Agreement shall
supersede and replace any prior indemnification agreements entered into by and
between the Company and Indemnitee and any such prior agreements shall be
terminated upon execution of this Agreement.


 


18.                                 Headings;
References; Pronouns.  The headings
of the sections of this Agreement are inserted for convenience only and shall
not be deemed to constitute part of this Agreement or to affect the
construction thereof.  References herein
to section numbers are to sections of this Agreement.  All pronouns and any variations thereof shall
be deemed to refer to the masculine, feminine, neuter, singular or plural as
appropriate.


 


19.                                 Definitions.  For purposes of this Agreement:


 


(a)                                  “Disinterested
Director” means a director of the Company who is not or was not a party to
the Proceeding in respect of which indemnification is being sought by
Indemnitee.


 


(b)                                 “Expenses”
shall include, without limitation, all attorneys’ fees, witness fees, fees of
advisors and experts, retainers, court costs, transcript costs, travel
expenses, duplicating, printing and binding costs, postage, delivery service
fees and all other disbursements or expenses of the types customarily and
reasonably incurred in connection with prosecuting, defending, preparing to
prosecute or defend, investigating, being or preparing to be a witness in, or
otherwise participating in, a Proceeding and any expenses of establishing a
right to indemnification under Sections 9, 10 and 11 above, but
shall not include the amount of judgments, fines or penalties actually levied
against Indemnitee.


 


(c)                                  “Independent
Counsel” means a law firm or a member of a law firm that neither is
currently nor in the past five years has been retained to represent:  (i) the Company or Indemnitee in any
matter material to either such party (other than with respect to matters
concerning Indemnitee under this Agreement, or of other indemnitees under
similar


 





















 


indemnification agreements), or (ii) any other
party to the Proceeding giving rise to a claim for indemnification hereunder.  Notwithstanding the foregoing, the term “Independent
Counsel” shall not include any person who, under the applicable standards of
professional conduct then prevailing, would have a conflict of interest in
representing either the Company or Indemnitee in an action to determine
Indemnitee’s right to indemnification under this Agreement.


 


(d)                                 “Proceeding”
includes any threatened, pending or completed investigation, action, suit,
arbitration, alternate dispute resolution mechanism, inquiry, administrative
hearing or any other actual, threatened or completed proceeding, whether
brought by or in the right of the Company or otherwise, against Indemnitee, for
which indemnification is not prohibited under Sections 2(a)-(f) above and
whether of a civil, criminal, administrative or investigative nature,
including, but not limited to, actions, suits or proceedings in which
Indemnitee may be or may have been involved as a party or otherwise, by reason
of the fact that Indemnitee is or was a director, officer, employee or agent of
the Company, or is or was serving, at the request of the Company, as a
director, officer, employee or agent or fiduciary of any other entity,
including, but not limited to, another corporation, partnership, joint venture,
trust, employee benefit plan or other enterprise, or by reason of anything done
or not done by Indemnitee in any such capacity, whether or not Indemnitee is
serving in such capacity at the time any liability or expense is incurred for
which indemnification or reimbursement can be provided under this Agreement.


 


20.                               Other Provisions.


 


(a)                                  This Agreement shall
be interpreted and enforced in accordance with the internal laws of Delaware.


 


(b)                                 This
Agreement may be executed in one or more counterparts, each of which shall for
all purposes be deemed to be an original but all of which together shall
constitute one and the same Agreement. 
Only one such counterpart signed by the party against whom
enforceability is sought needs to be produced as evidence of the existence of
this Agreement.


 


(c)                                  This Agreement shall
not be deemed an employment contract between the Company and any indemnitee who
is an officer of the Company, and, if Indemnitee is an officer of the Company,
Indemnitee specifically acknowledges that Indemnitee may be discharged at any
time for any reason, with or without cause, and with or without severance
compensation, except as may be otherwise provided in a separate written
contract between Indemnitee and the Company.


 


(d)                                 Upon a payment to
Indemnitee under this Agreement, the Company shall be subrogated to the extent
of such payment to all of the rights of Indemnitee to recover against any
person for such liability, and Indemnitee shall execute all documents and
instruments required and shall take such other actions as may be necessary to
secure such rights, including the execution of such documents as may be
necessary for the Company to bring suit to enforce such rights.


 


(e)                                  No
supplement, modification or amendment of this Agreement shall be binding unless
executed in writing by both parties hereto. 
No waiver of any of the provisions of this Agreement shall be deemed or
shall constitute a waiver of any other provisions hereof (whether or not
similar) nor shall such waiver constitute a continuing waiver.


 





















 


(f)                                    All
notices, requests, demands and other communications hereunder shall be in
writing and shall be deemed to have been duly given (i) if delivered by
hand and receipted for by the party to whom said notice or other communication
shall have been directed or (ii) mailed by certified or registered mail
with postage prepaid, on the third business day after the date postmarked.  Addresses to either party are as provided
below, or as subsequently modified by written notice to the other party.


 


If to Indemnitee, to:


 


 


If to the Company, to:


 


Quidel Corporation

10165 McKellar Court

San Diego, CA 92121

Attn: General Counsel


 





















 


IN WITNESS WHEREOF, the parties hereto have
executed this Agreement on and as of the day and year first above written.


 


 


	
   

  	
  QUIDEL CORPORATION

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
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  INDEMNITEE

  
	
   

  	
   

  
	
   

  	
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