Exhibit 10.10
 SEPARATION AGREEMENT
 Agreement Release Lawrence W. Getlin Employee Employer Company
 Parties
   Employment Transition and Termination Transition Period Termination Date
 Consideration.
 (a)
    
    Severance Pay. The Employer shall pay the Employee $262,700, which is
equal to twelve (12) months of his current annualized base salary in a lump sum with
the first regular payroll following the expiration of all rescission periods after the
Termination Date, subject to applicable withholding taxes.




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(b)
    
    2010 EVIP. The Employee will participate in the Companys 2010
Executive Variable Incentive Plan (2010 EVIP) through the Termination Date
and will be paid the bonus payable under the 2010 EVIP for achieving revenue and net
income objectives for the first quarter of 2010 in accordance with the 2010 EVIP. The
Employee will not be eligible for a bonus under the 2010 EVIP for any period after the
Termination Date nor will the Employee be eligible for a pro-rated portion of the
annual cash flow objective.(c)
    
    Benefit Continuation. The Employer shall provide the Employee with
information and election materials regarding continuation coverage in accordance with
applicable state and/or federal law. If, after the Termination Date, the Employee
elects continuation coverage under the Employers group Medical and Dental plans in
accordance with applicable state and/or federal law and pays the full amount of the
cost of continuation coverage in a timely manner in accordance with applicable state
and/or federal law, then for the Premium Reimbursement Period the Employer shall
reimburse the Employee for a portion of the Employees monthly cost of such
continuation coverage. The Premium Reimbursement Period shall mean the period ending
on the earlier of (a) March 31, 2011, or (b) the date on which the Employee first
becomes eligible to participate as an employee in a plan of another employer providing
group health and dental benefits to the Employee and the Employees eligible family
members and dependents, which plan does not contain any exclusion or limitation with
respect to any pre-existing condition of the Employee or any eligible family member or
dependent who would otherwise be covered under the Employers plan . The portion of
the cost of continuation coverage for which the Employer shall reimburse the Employee
is the portion in excess of that portion the Employee would have been responsible had
the Employees termination of employment not occurred. Employee will be reimbursed on a
monthly basis as soon as practicable after the date the Employer has verified with the
third party COBRA administrator that 100% of the prior months COBRA premium has been
paid by the Employee.(d)
    
    Life Insurance. During each month of the Premium Reimbursement Period,
the Employee shall be entitled to receive life insurance coverage substantially
equivalent to the coverage Employee had on the day immediately prior to the Termination
Date, including coverage then in effect for the Employees spouse and dependents.
Employee shall be required to pay no more for such life insurance than Employee paid as
an active employee immediately before the Termination Date. In order to continue life
insurance coverage, Employee must timely elect continuation or the portability option
available under the Employers group life insurance policy or policies and pay the full
premium for such coverage following the Termination Date. The Employer will reimburse
the Employee at least quarterly for the amount by which such life insurance premium
exceeds the amount the Employee paid for such coverage as an active employee
immediately prior to the Termination Date, and in all events reimbursement shall be
made on or before the last day of the calendar year following the calendar year in
which the premium was incurred.
 2




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(e)
    
    Vacation/Floating Holidays/United Way Days. The Employer will pay the
Employee for the Employees accrued and unused vacation/floating holidays/United Way
days, as of the Termination Date.(f)
    
    Stock Options. The Employer and the Employee acknowledge and agree
that, as of the Termination Date, Employee holds vested and unvested options to
purchase shares of Common Stock of American Medical Systems Holdings, Inc., as set
forth on the stock option schedule attached hereto and that an aggregate of 325,312
options are vested (as set forth under the column Shares Exercisable) as of the
Termination Date (assuming Employee does not exercise any such vested options prior to
the Termination Date). All such vested options shall remain exercisable through the
applicable date set forth in the stock option schedule attached hereto. All such
unvested options will be forfeited.
 Compliance with Prior Agreements CIC Agreement
 Release.
 Stipulation of No Charges . EEOC
 3




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Non-Disparagement .
 Non-Admissions .
 Invalidity .
 Return of Property and Cooperation
 Withholding For Amounts Owed to Employer
 Voluntary and Knowing Action .
 4




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Entire Agreement
 Invalidity and Severability.
 Governing Law .
 Lawrence W. GetlinMarch 31, 2010
    /s/ Lawrence W. GetlinAMERICAN MEDICAL SYSTEMS, INC.April 12, 2010
    By:
    /s/ Randall R. RossRandall R. RossSenior Vice President, Human Resources 5




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EXHIBIT A
 RELEASE
 1.
    
    Definitions. I intend all words used in this Release to have their plain meanings in
ordinary English. Technical legal words are not needed to describe what I mean. Specific
terms I use in this Release have the following meanings:
 (a)
    
    I, me, and my include both me, Lawrence W. Getlin
and anyone who has or obtains any legal rights or claims through me.(b)
    
    Company, as used in this Release, shall at all times mean American
Medical Systems, Inc., and its respective parent and/or subsidiary corporations,
affiliates, successors, predecessors, shareholders, present and/or former officers,
directors, agents, employees, and attorneys, whether in their individual or official
capacities, benefit plans and plan administrators, and insurers.(c)
    
    My Claims mean any and all of the actual or potential claims of any
kind whatsoever I have now against the Company, regardless of whether I now know about
those claims, that are in any way related to my employment with or separation
(termination of employment) from the Company, including, but not limited to, claims for
invasion of privacy; breach of written or oral, express or implied, contract; fraud or
misrepresentation; the Age Discrimination in Employment Act of 1967, as amended,
(ADEA), the Older Workers Benefit Protection Act of 1990 (OWBPA), Title VII of the
Civil Rights Act of 1964 (Title VII), the Americans with Disabilities Act (ADA),
the Family Medical Leave Act (FMLA), the Employee Retirement Income Security Act of
1974 (ERISA), as amended, Equal Pay Act (EPA), the Worker Adjustment and Retraining
Notification Act (WARN), the Minnesota Human Rights Act, Minnesota Stat. § 363A
et seq., Minnesota Statutes § 181 et seq., and any
other federal, state, or local statute, law, rule, regulation, ordinance or order.
This includes, but is not limited to, claims for violation of any civil rights laws
based on protected class status; claims for discrimination, harassment, assault,
battery, defamation, intentional or negligent infliction of emotional distress, breach
of the covenant of good faith and fair dealing, promissory estoppel, negligence,
violation of public policy, and all other claims for unlawful employment practices, and
all other common law or statutory claims.
 2.
    
    Agreement to Release My Claims. Except as stated in Paragraph 5, I agree to release
(give up) and waive all My Claims against the Company. In exchange for my agreement to
release My Claims, I am receiving satisfactory consideration (compensation) from Company to
which I am not otherwise entitled by law, contract, or under any Company policy. The
consideration I am receiving is a full and fair payment for the release of all My Claims. The
Company does not owe me anything in addition to what I will be receiving.3.
    
    Older Workers Benefit Protection Act. I understand and have been advised that the
above release of My Claims is subject to the terms of the Older Workers Benefit




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Protection Act (OWBPA). The OWBPA provides that an individual cannot waive a right or
claim under the Age Discrimination in Employment Act (ADEA) unless the waiver is knowing
and voluntary. I agree that I am signing this Release voluntarily, and with full knowledge
of its consequences. I understand that the Company is giving me at least twenty-one (21)
days from the date I received a copy of this Release to decide whether I want to sign it. I
acknowledge that I have been advised to use this time to consult with an attorney about the
effect of this Release. If I sign this Release before the end of the twenty-one (21) day
period it will be my personal, voluntary decision to do so, and will be done with full
knowledge of my legal rights.I agree that material and/or immaterial changes to this
Release will not restart the running of this consideration period.4.
    
    Exclusions from Release. My Claims do not include my rights, if any, to claim the
following: Unemployment Insurance benefits; claims for my vested post-termination benefits
under any 401(k) or similar retirement benefit plan; my COBRA rights; my rights to enforce the
terms of this Release; or my rights to assert claims that are based on events occurring after
this Release becomes effective. In addition:
 (a)
    
    Nothing in this Release interferes with my right to file a charge with the
Equal Employment Opportunity Commission (EEOC), or participate in any manner in an
EEOC investigation or proceeding under Title VII, the ADA, the ADEA, or the EPA. I,
however, understand that I am waiving my right to recover individual relief including,
but not limited to, back pay, front pay, reinstatement, attorneys fees, and/or
punitive damages, in any administrative or legal action whether brought by the EEOC, by
me, or any other party.(b)
    
    Nothing in this Release interferes with my right to challenge the knowing and
voluntary nature of this Release under the ADEA and/or OWBPA.(c)
    
    Nothing in this Release limits any rights that I would otherwise have to be
indemnified by the Employer, in my capacity as an officer or employee of the Employer,
under the Employers Certificate of Incorporation, Bylaws, directors and officers
insurance policy, Section 145 of the Delaware General Corporation Law or any
indemnification agreement between the Company and me.(d)
    
    I agree that the Company reserves any and all defenses, which it has or might
have against any claims brought by me. This includes, but is not limited to, the
Companys right to seek available costs and attorneys fees, and to have any monetary
award granted to me, if any, reduced by the amount of money that I received in
consideration for this Release.
 5.
    
    Right to Rescind and/or Revoke. I understand that I have the right to rescind this
Release only insofar as it extends to potential claims under the Age Discrimination in
Employment Act (ADEA) by written notice to the Company within seven (7) calendar days
following my signing this Release, and within fifteen (15) calendar days as to waiver of
claims under the Minnesota Human Rights Act. Any such rescission must be




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in writing and hand-delivered to the Company or, if sent by mail, postmarked within the
applicable time period, sent by certified mail, return receipt requested, and addressed as
follows:
 (a)
    
    post-marked within the seven (7) or fifteen (15) day period;(b)
    
    properly addressed to Randall R. Ross, Senior Vice President of Human
Resources, American Medical Systems, Inc., 10700 Bren Road West, Minnetonka, MN
55343-9679, and(c)
    
    sent by certified mail, return receipt requested.
  6.
    
    I Understand the Terms of this Release.I have had the opportunity to read this
Release carefully and understand all its terms. I have been advised of my right to review
this Release with my own attorney. In agreeing to sign this Release, I have not relied on any
statements or explanations made by the Company or their attorneys. I understand and agree
that this Release and the attached Separation Agreement, and any agreement referenced in
Section 3 of the Separation Agreement, contain all the agreements between the Company and me.
We have no other written or oral agreements.
 Dated: March 10, 2010
    /s/ Lawrence W. GetlinLawrence W. Getlin




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##### 



EXHIBIT A
 RELEASE
 1.
    
    Definitions. I intend all words used in this Release to have their plain meanings in
ordinary English. Technical legal words are not needed to describe what I mean. Specific
terms I use in this Release have the following meanings:
 (a)
    
    I, me, and my include both me, Lawrence W. Getlin
and anyone who has or obtains any legal rights or claims through me.(b)
    
    Company, as used in this Release, shall at all times mean American
Medical Systems, Inc., and its respective parent and/or subsidiary corporations,
affiliates, successors, predecessors, shareholders, present and/or former officers,
directors, agents, employees, and attorneys, whether in their individual or official
capacities, benefit plans and plan administrators, and insurers.(c)
    
    My Claims mean any and all of the actual or potential claims of any
kind whatsoever I have now against the Company, regardless of whether I now know about
those claims, that are in any way related to my employment with or separation
(termination of employment) from the Company, including, but not limited to, claims for
invasion of privacy; breach of written or oral, express or implied, contract; fraud or
misrepresentation; the Age Discrimination in Employment Act of 1967, as amended,
(ADEA), the Older Workers Benefit Protection Act of 1990 (OWBPA), Title VII of the
Civil Rights Act of 1964 (Title VII), the Americans with Disabilities Act (ADA),
the Family Medical Leave Act (FMLA), the Employee Retirement Income Security Act of
1974 (ERISA), as amended, Equal Pay Act (EPA), the Worker Adjustment and Retraining
Notification Act (WARN), the Minnesota Human Rights Act, Minnesota Stat. § 363A
et seq., Minnesota Statutes § 181 et seq., and any
other federal, state, or local statute, law, rule, regulation, ordinance or order.
This includes, but is not limited to, claims for violation of any civil rights laws
based on protected class status; claims for discrimination, harassment, assault,
battery, defamation, intentional or negligent infliction of emotional distress, breach
of the covenant of good faith and fair dealing, promissory estoppel, negligence,
violation of public policy, and all other claims for unlawful employment practices, and
all other common law or statutory claims.
 2.
    
    Agreement to Release My Claims. Except as stated in Paragraph 5, I agree to release
(give up) and waive all My Claims against the Company. In exchange for my agreement to
release My Claims, I am receiving satisfactory consideration (compensation) from Company to
which I am not otherwise entitled by law, contract, or under any Company policy. The
consideration I am receiving is a full and fair payment for the release of all My Claims. The
Company does not owe me anything in addition to what I will be receiving.3.
    
    Older Workers Benefit Protection Act. I understand and have been advised that the
above release of My Claims is subject to the terms of the Older Workers Benefit




---



##### 



Protection Act (OWBPA). The OWBPA provides that an individual cannot waive a right or
claim under the Age Discrimination in Employment Act (ADEA) unless the waiver is knowing
and voluntary. I agree that I am signing this Release voluntarily, and with full knowledge
of its consequences. I understand that the Company is giving me at least twenty-one (21)
days from the date I received a copy of this Release to decide whether I want to sign it. I
acknowledge that I have been advised to use this time to consult with an attorney about the
effect of this Release. If I sign this Release before the end of the twenty-one (21) day
period it will be my personal, voluntary decision to do so, and will be done with full
knowledge of my legal rights.I agree that material and/or immaterial changes to this
Release will not restart the running of this consideration period.4.
    
    Exclusions from Release. My Claims do not include my rights, if any, to claim the
following: Unemployment Insurance benefits; claims for my vested post-termination benefits
under any 401(k) or similar retirement benefit plan; my COBRA rights; my rights to enforce the
terms of this Release; or my rights to assert claims that are based on events occurring after
this Release becomes effective. In addition:
 (a)
    
    Nothing in this Release interferes with my right to file a charge with the
Equal Employment Opportunity Commission (EEOC), or participate in any manner in an
EEOC investigation or proceeding under Title VII, the ADA, the ADEA, or the EPA. I,
however, understand that I am waiving my right to recover individual relief including,
but not limited to, back pay, front pay, reinstatement, attorneys fees, and/or
punitive damages, in any administrative or legal action whether brought by the EEOC, by
me, or any other party.(b)
    
    Nothing in this Release interferes with my right to challenge the knowing and
voluntary nature of this Release under the ADEA and/or OWBPA.(c)
    
    Nothing in this Release limits any rights that I would otherwise have to be
indemnified by the Employer, in my capacity as an officer or employee of the Employer,
under the Employers Certificate of Incorporation, Bylaws, directors and officers
insurance policy, Section 145 of the Delaware General Corporation Law or any
indemnification agreement between the Company and me.(d)
    
    I agree that the Company reserves any and all defenses, which it has or might
have against any claims brought by me. This includes, but is not limited to, the
Companys right to seek available costs and attorneys fees, and to have any monetary
award granted to me, if any, reduced by the amount of money that I received in
consideration for this Release.
 5.
    
    Right to Rescind and/or Revoke. I understand that I have the right to rescind this
Release only insofar as it extends to potential claims under the Age Discrimination in
Employment Act (ADEA) by written notice to the Company within seven (7) calendar days
following my signing this Release, and within fifteen (15) calendar days as to waiver of
claims under the Minnesota Human Rights Act. Any such rescission must be




---



##### 



in writing and hand-delivered to the Company or, if sent by mail, postmarked within the
applicable time period, sent by certified mail, return receipt requested, and addressed as
follows:
 (a)
    
    post-marked within the seven (7) or fifteen (15) day period;(b)
    
    properly addressed to Randall R. Ross, Senior Vice President of Human
Resources, American Medical Systems, Inc., 10700 Bren Road West, Minnetonka, MN
55343-9679, and(c)
    
    sent by certified mail, return receipt requested.
  6.
    
    I Understand the Terms of this Release. I have had the opportunity to read this
Release carefully and understand all its terms. I have been advised of my right to review
this Release with my own attorney. In agreeing to sign this Release, I have not relied on any
statements or explanations made by the Company or their attorneys. I understand and agree
that this Release and the attached Separation Agreement, and any agreement referenced in
Section 3 of the Separation Agreement, contain all the agreements between the Company and me.
We have no other written or oral agreements.
 Dated: March 31, 2010
    /s/ Lawrence W. GetlinLawrence W. Getlin