EX-10.36



 Exhibit 10.36 
  

			
	



	  	 One Casper Street

Danbury, CT 06810
 Main:
203-798-8000
 Fax: 203-798-7740

www.mannkindcorp.com


 December 22, 2016 

Mr. Stuart A. Tross, Ph.D. 
 1024 Cheshire Hills Court

 Westlake Village, CA 91361 
 Dear Stuart, 

Congratulations! The MannKind team has been very impressed with your background and credentials, and we are genuinely pleased to offer you full-time employment
with MannKind Corporation, in the exempt position Chief People Officer Officer located in Valencia CA. In this position you will initially report directly to Matthew J. Pfeffer, Chief Executive Officer and CFO. 

We will target your employment to commence on December 23, 2016. Please be advised that continued employment is contingent upon satisfactory reference
and background checks and receipt of results of a satisfactory drug screening test. You will receive an email with information regarding the test, contact and location information for the laboratory as well as the hours of operation. This screening
test must be completed within two weeks from the date of this letter. 
 You will be paid on a bi-weekly basis, on regular payroll schedule, in the amount
of $14,038.47, equating to an annualized amount of $365,000.22. You will be eligible to participate in the MannKind Discretionary Bonus Plan, with a target bonus opportunity of 50% of annual earnings. 

Additionally, you will receive a one-time sign-on bonus in the gross amount of $35,000.00, less appropriate withholdings and other payroll deductions, payable
as a lump sum on the first pay period at the end of the first ninety (90) days of your employment. By accepting this offer, you agree that, in the event that you voluntarily leave the Company, or if you are terminated by the Company for
“cause”, within the twelve (12) months following receipt of payment, you will repay the full amount of the payment, net any with-holdings within thirty (30) days after the last day of your employment. By accepting this offer, you
further agree that the Company may deduct this amount from any other amounts The Company owes you should you be obligated to repay this amount. 
 You will
be eligible to participate in MannKind’s Equity Incentive Plan, under which stock options and restricted stock will be awarded to you at a future date, as approved by the Board of Directors. At the next quarterly Board meeting after your hire
date, we will recommend that you be granted an equity award of 400,000 stock options and 100,000 restricted stock units which is comparable to grants made for other individuals in similar level positions throughout the company. You will also be
eligible for 400,000 stock options for Performance Grants. This is not a guarantee for a specific number of restricted stock units, but is only intended to provide you with an understanding of grant guidelines for your position. If your start date
is less than two weeks prior to the next quarterly Board meeting, the recommendation will be submitted in the following quarter. Grants will begin vesting based on your hire date. You will also be eligible for an annual equity grant. 








 Stuart A. Tross, page two 
  

 We have a substantial list of fringe benefits, including the following: 20 days PTO annually, which accrues
on a bi-weekly basis; short term and long term disability insurance; company–paid life insurance; a 401(k) tax deferred savings program; flexible spending accounts; health, vision and dental insurance, Executive Medical Reimbursement plan and
paid holidays which includes a full week in July and December for the holiday break. The holidays and other time off benefits will be prorated based on your date of hire. All benefits, policies and rules are subject to change from time to time at
the Company’s discretion. All benefits outlined in this offer letter are contingent on your continuing employment with MannKind Corporation in a benefit eligible status. 

Shortly after we are in receipt of your acceptance, you will receive a welcome email from our onboarding manager, with a link to your personalized onboarding
portal. Through this portal you will have access to most of the required MannKind policies and agreements that will require your signature such as, the Employee Proprietary Information and Inventions Agreement, an Arbitration Agreement, a Policy
Against Insider Trading, Code of Business Conduct and Ethics, and an Employee Acknowledgement Form, required after reading the MannKind Employee Sourcebook. Of course, the company may require additional policies or agreements to be signed and
acknowledged in the future. 
 Employment at MannKind is at will, which means that either you or MannKind can end the employment relationship at any time,
and for any reason or for no reason, with or without cause or notice. The employment terms in this letter supersede any other agreements or promises made to you by anyone, whether oral or written, and cannot be modified or amended except in writing
by an officer of the company. As required by law, this offer is subject to satisfactory proof of your right to work in the United States. This at will employment relationship cannot be changed except in writing as approved by the Board of Directors
of MannKind. 
 We appreciate the energy and enthusiasm you demonstrated during our interview and selection process and we look forward to a favorable
response to our offer. We have many exciting challenges ahead and believe you can make a significant contribution to MannKind. 
 At your earliest
convenience, please sign and date this letter and return it to Diana Champagne, Director, Compensation and Benefits and HRIS (dchampagne@mannkindcorp.com) to indicate your acceptance of this written offer of employment. Please also include
proof of your annual compensation in the form of a recent pay stub or W2/1099. 
 If you should have any questions, please don’t hesitate to contact
me. 
 Sincerely, 
 /s/ Matthew J. Pfeffer 

Matthew J. Pfeffer 
 Chief Executive Officer and CFO 

  









 Stuart A. Tross, page three 
  

 I have carefully read and understand all of the terms of the above letter and freely and voluntarily accept
and agree to all of its terms. I represent that, in agreeing to this offer letter, I am not relying on any representations or promises of any kind other than set forth in this letter. 

 

	
	 /s/ Stuart A. Tross

	Stuart A. Tross, Ph.D.
	
	December 22, 2016
	Date Signed
	
	December 23, 2016
	Confirmed Start Date