Document:

EX-10.2

 Exhibit 10.2 

Version: November 2013 
 MYRIAD
GENETICS, INC. 
 EMPLOYMENT AGREEMENT 

THIS AGREEMENT is made and entered into by and between Myriad Genetics, Inc. (hereinafter referred to as the “Company”), and
Bryan Riggsbee (hereinafter referred to as “Employee”). 
 In consideration of the undersigned’s employment,
compensation, and other valuable consideration and mutual covenants contained herein, the parties agree as follows: 
 1. At Will
Employment. The Company employs Employee on an at-will basis, which means that either Employee or the Company can terminate the employment relationship at any time for any reason, with or without notice or cause. Employee’s employment with
the Company is not for any particular period of time. No manager or supervisor of the Company has authority to modify or alter the Company’s at-will employment relationship with Employee, and any statements or promises contrary to at-will
employment may not be relied upon by Employee. Employee’s at-will employment with the Company may not be modified or changed in any way, except through a new written employment agreement signed by the President and CEO of the Company and
Employee. 
 2. Compensation. In consideration for the obligations entered into by Employee, the Company initially shall pay Employee
in full for Employee’s services hereunder at the rate of $ 375,000.00 per year, commencing on the October day of 16, 2014. 
 3.
Duties. Employee shall at all times faithfully, industriously, and to the best of his/her ability, experience, and talents, perform all of the duties that may be required of him/her pursuant to the express and implicit terms hereof, to the
reasonable satisfaction of the Company. Without the Company’s expressed written approval, signed by an officer of the Company, Employee shall not, directly or indirectly, in any manner or in any capacity, engage in an outside business endeavor
of any kind which: (a) is in the fields of pharmaceutical, biotechnology, or genetic products, services, or research, or would be in competition with the existing or foreseeable future business operations of the Company; or (b) requires a
level of time and attention so as to not enable the Employee to fully perform his/her duties in the manner as agreed to herein. 
 4.
Intellectual Property and Rights of Publicity. Employee hereby agrees and acknowledges that any and all inventions, discoveries, know-how, improvements, trademarks, trade secrets, and works of authorship and any copyright therein (whether or
not created in the normal course of Employee’s duties), which Employee may conceive, reduce to practice, create, author, make, invent, or develop during his or her employment by Company, relating to any matter or thing, that may be connected in
any way with Employee’s work or related in any way to Company’s business or Company’s foreseeable future business, whether or not resulting from work performed during normal working hours (all “Intellectual Property”), shall
be the absolute property of Company. All Intellectual Property are WORKS-FOR-HIRE. Employee hereby assigns and agrees to assign to Company all of Employee’s right, title and interest in and to Intellectual Property

 
as well as any patent applications filed or patents granted thereon, copyright or trademark applications or any registrations granted thereon, and any reexamination, reissue and extension
thereof, including but not limited to the right to claim the benefit of priority to any patent application filed in Employee’s name disclosing and/or claiming such Inventions. Employee agrees to execute such further documents and to do such
further acts as may be reasonably necessary to perfect, register or enforce Company’s ownership of any Intellectual Property. Employee hereby appoints Company as Employee’s attorney-in-fact (this appointment being irrevocable and coupled
with an interest) to execute such documents on Employee’s behalf. 
 Without any royalties or compensation beyond that expressly
provided for in this Agreement, Employee further specifically waives any and all claims and assigns to Company any and all rights Employee may have in any creative work produced by the company during Employee’s employment that specifically
relates to Employee’s employment with or at the Company, or the business or business operations of the Company, in any media format, including but not limited to any audio or video recording and any written transcript of such recording,
including but not limited to any rights Employee may have in Employee’s image, Employee’s likeness, the sound of Employee’s voice, as well as any underlying subject matter (all collectively “Materials”). Employee agrees that
these Materials may be edited, copied, exhibited, published or distributed and Employee hereby waives any right to inspect or approve the finished product. Employee agrees that Company may use or display the Materials in any geographical location
for any purpose, including but not limited to electronic display, including but not limited to via the Internet, conference presentations, educational presentations or courses, informational presentations, on-line presentations, educational videos,
and commercial and promotional activities relating to Company’s products and services. 
 5. Nondisclosure and Nonuse of
Information. Employee agrees that during his/her employment and thereafter, he/she will not use or disclose to any person, agency, company, business, or organization, unless authorized by the Company, any confidential or proprietary information
concerning the Company, including but not limited to any inventions, discoveries, know-how, improvements, processes, products, services, proposals, solicitations, negotiations, customers, manner and method of operations, trade secrets, business
plans, financial information, salary information of other Myriad employees and the like. Employee understands that confidential information may be submitted to Employee by other persons or businesses and agrees to treat that confidential information
with the same degree of care afforded to confidential information proprietary to the Company. 
 6. Noncompetition Agreement.
Employee agrees that during the term of his/her employment, and for a period of one (1) year following the voluntary or involuntary termination of employment, Employee will not compete with the Company in any substantive matter or area of the
Employee’s work responsibilities while at the Company. Employee agrees that he/she will not use the Company’s name, facilities, confidential material, trade secrets, know-how, or privileged information to solicit from any agency, company,
business, or organization, work that would result in income or compensation of any form to Employee or another company or business organization. 

  

					
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 7. Nonsolicitation Agreement 

a. Nonsolicitation of Customers. During the period of Employee’s employment, and for a period of one (1) year following the
voluntary or involuntary termination of employment with the Company, Employee will not solicit the business being provided by the Company to any customer of the Company or any business of any customer of the Company for use in any activities in
competition with activities of the Company of which Employee acquired knowledge and/or with whom Employee had contact during his/her period of employment relationship with the Company. 

b. Nonsolicitation of Employees. During the period of Employee’s employment, and for a period of one (1) year following the
voluntary or involuntary termination of employment with the Company, Employee agrees not to recruit or solicit any employees (including consultants and independent contractors) of the Company to work for Employee or any other person or company. 

As used above in Sections 7a and 7b, the terms recruit and solicit include, but are not limited to, providing names of employees of the
Company, information about employees of the Company, providing Company’s proprietary information to another individual, or entity, and allowing the use of Employee’s name by any company (or any employees of any other company) other than
the Company, in the solicitation of the business of Company’s customers. 
 8. Right to Deduct From Pay. Employee agrees to
reimburse and pay the Company for all amounts due and owing the Company by Employee arising from or related to Employee’s employment with the Company, including Employee’s termination of employment (hereinafter referred to as the
“Reimbursement Amount”). The Company may deduct all or any portion of the Reimbursement Amount from one or more of Employee’s paychecks or other payments to Employee, including any final paycheck due and owing Employee upon
Employee’s termination of employment with Company. By way of illustration and not limitation, Reimbursement Amounts shall include any amounts paid by the Company, either to a third party on behalf of Employee or to Employee by way of
reimbursement, for moving, relocation, temporary housing and/or other related expenses where the Employee’s employment with the Company is terminated voluntarily or involuntarily for cause within 12 months of Employee’s first day of work.
Reimbursement Amounts may also include the cost of any equipment, including computers, mobile telephones, or other property of the Company, which is not returned to the Company upon the termination of Employee’s employment with the Company.
Finally, the Reimbursement Amount may also include any amounts which were improperly submitted to, and reimbursed by, the Company. 
 9.
GOVERNING LAW AND FORUM. THE PARTIES HERETO AGREE THAT THE TERMS OF THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF UTAH WITHOUT GIVING EFFECT TO CONFLICTS OF LAW PRINCIPLES. ANY LITIGATION
BETWEEN THE PARTIES CONCERNING THIS AGREEMENT, OR ANY CLAIM OR LAWSUIT RELATING TO EMPLOYEE’S EMPLOYMENT WITH THE COMPANY, INCLUDING TERMINATION, MUST BE FILED NO MORE THAN SIX (6) MONTHS AFTER THE DATE OF THE EMPLOYMENT ACTION THAT IS THE
SUBJECT OF THE CLAIM OR LAWSUIT, AND EMPLOYEE WAIVES ANY STATUTE OF LIMITATIONS TO THE 

  

					
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CONTRARY AND ANY RIGHT TO A JURY TRIAL. ANY SUCH LITIGATION, CLAIM OR LAWSUIT SHALL ONLY BE FILED IN A STATE OR FEDERAL COURT IN AND FOR SALT LAKE COUNTY IN THE STATE OF UTAH. 

10. Severability. If any provisions hereof should be held invalid, illegal, or unenforceable in any respect in any jurisdiction, then,
to the fullest extent permitted by law, all other provisions hereof shall remain in full force and effect in such jurisdiction and shall be liberally construed in order to carry out the intentions of the parties hereto as nearly as may be possible.
To the extent permitted by applicable law, the parties hereto hereby waive any provision of law that would render any provisions hereof prohibited or unenforceable in any respect. 

11. Entire Agreement. This Agreement supercedes any prior agreement or understandings between Employee and Company with respect to
employment, noncompetition, nonsolicitation and nondisclosure, and constitutes the entire agreement between Employee and Company. No modification or amendment of this Agreement shall be effective unless made in writing and signed by Employee and
Company. 
 12. Representations and Warranties. Employee represents and warrants to the Company that: 

 

	 	a.	All prior confidentiality and non-compete agreements with former employers have been disclosed to the Company. 

  

	 	b.	All proprietary or confidential materials that are the property of a former employer have been returned to such former employer. 

  

	 	c.	Employment with the Company will not violate any prior confidentiality or non-compete agreements and will not result in misappropriation of another company’s trade secrets. 

13. Non-Violation of Prior Agreements. Employee acknowledges that any misuse of a prior employer’s confidential information or
trade secrets or any intellectual property which is proprietary to any other person or business or violation of a prior non-compete agreement, are not authorized by Company and are outside the scope of Employee’s job responsibilities at the
Company. 
 14. Damages and Injunctive Relief. Employee acknowledges and agrees that any violation of the terms of this Agreement
will result in serious and irreparable damage to Company, and agrees that Company will be entitled to seek appropriate remedies for those damages, including, without limitation, injunctive relief to enforce any provision of this Agreement. 

15. Attorneys’ Fees. In the event of any litigation between the parties relating to this Agreement or its subject matter,
including Employee’s employment with the Company, or Employee’s termination of employment, the prevailing party shall be entitled to receive from the nonprevailing party any and all reasonable costs, including attorneys’ fees,
incurred by the prevailing party in connection with such litigation. 

  

					
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 16. EMPLOYEE ACKNOWLEDGMENT. EMPLOYEE ACKNOWLEDGES THAT HE/SHE HAS CAREFULLY READ AND
UNDERSTANDS ALL OF THE PROVISIONS OF THIS AGREEMENT AND IS SIGNING IT VOLUNTARILY AND WITHOUT COERCION. EMPLOYEE FURTHER ACKNOWLEDGES THAT HE/SHE HAS BEEN GIVEN THE OPPORTUNITY TO CONSULT WITH AN ATTORNEY OR ADVISOR AND THAT ENTERING THIS AGREEMENT
IS A CONSCIOUS DECISION WITH FULL APPRECIATION OF ITS CONSEQUENCES. 
 [SIGNATURES ON FOLLOWING PAGE] 

  

					
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on this 8th day of October, 2014. 

 

			
	EMPLOYEE:
		
	Print Name:	 	Bryan Riggsbee
		
	Signature:	 	/s/ Bryan Riggsbee
		 	  

		
	Position:	 	Executive Vice President – Chief Financial Officer & Treasurer
	
	COMPANY:
		
	Print Name:	 	Jayne Hart
		
	Signature:	 	
		 	  

		
	Position:	 	Executive VP, Human Resources, Myriad Genetics, Inc.

  

					
		 	6	 	InitialEX-10.3

 Exhibit 10.3 

RESIGNATION AGREEMENT 

This Resignation Agreement (“Agreement”) is entered into by and between Myriad Genetics, Inc., a Delaware corporation, with its
principal office at 320 Wakara Way, Salt Lake City, Utah 84108 (hereinafter referred to as “Myriad” or the “Company”) and James S. Evans (hereinafter referred to as “Evans”). 

RECITALS 
 A. Evans has
been employed by Myriad since March 1, 1995, currently holds the job title of Chief Financial Officer and Treasurer, and is resigning from such offices. 

B. In order to facilitate a smooth transition for the new Chief Financial Officer and Treasurer, Myriad desires to retain Evans as a
non-employee consultant to provide certain consulting services, and Evans is willing to provide certain consulting services to the Company. 

C. Myriad desires to provide Evans a bonus payment for the accomplishment to-date of his fiscal year 2015 MBOs and for his accomplishments and
contributions to the success of the Company from his 19 years of service to Myriad. 
 D. Evans and Myriad desire to resolve any and all
disputes that may exist, whether know or unknown, between them, including, but not limited to, disputes relating to Evans’s employment with Myriad and the termination of that employment relationship. 

E. Myriad is willing to provide the consideration provided for herein to Evans in return for the commitments, releases and agreements set
forth herein. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements set forth herein, the parties mutually agree as follows:

 1. Effective Date. This Agreement is effective on the eighth day following Evans’s signing this Agreement, provided that
Evans does not revoke his execution of this Agreement as provided in Paragraph 22 below. 
 2. Resignation. Evans resigns his
position with Myriad as CFO effective October 16, 2014, and resigns his employment with Myriad effective October 31, 2014. 
 3.
Benefits. In reliance on the releases and agreements set forth herein and following the expiration of the revocation period described in Paragraph 22 below and the unrevoked signing of this Agreement by Evans, Myriad shall provide the
following benefits to Evans: 
  

	 	a.	Position: Evans will hold the title “Chief Financial Officer” and “Treasurer” until October 16, 2014; all responsibilities with the Company will cease on October 31, 21014. Evans may
not represent to third parties that he is an employee of Myriad after October 31, 2014. 

  

			
	Myriad-Evans Agreement	  	

 b. Payment: Myriad will pay Evans the sum of $490,000, subject to all applicable taxes.
Myriad will pay Evans a lump sum of $490,000, less applicable withholding amounts, immediately following the completion of the 7 day Revocation period, or on October 31, 2014, whichever date is later. 

c. Stock Options: All unvested stock options issued and outstanding to Evans which would otherwise vest on or before September 30,
2015, shall vest as of October 31, 2014, and shall be exercisable in accordance with the terms of the respective underlying stock option grant. 

d. Restricted Stock Unit Award. All restricted stock unit awards made to Evans shall terminate effective upon the resignation of Evans.

 4. Consulting Services. As partial consideration of the amounts paid to Evans hereunder, Evans agrees to provide up to 100 hours
of consulting services to Myriad through December 31, 2014. 
 5. Receipt of this Agreement. Evans understands and acknowledges
that on October 8, 2014, he received a copy of this Agreement, and that he has 21 days from receipt of this Agreement in which to consider and consult with an attorney regarding this Agreement. Evans acknowledges that he has an adequate amount of
time in which to consult with any person of his choice with respect to the contents of this Agreement prior to signing. 
  

			
	 /s/ James S. Evans
	  	October 8, 2014
		
	James S. Evans	  	Date

 6. Release of Claims by Evans. Evans, for himself and for all persons claiming by, thorough, or under
his, hereby completely and unconditionally releases and discharges Myriad and each of Myriad’s parents, subsidiaries, affiliates, successors, assigns, agents, directors, officers, employees, representatives, attorneys and all persons acting by,
through, under or in concert with any of them (hereinafter collectively referred to as “Releasees”) from any and all claims, demands, charges, grievances, damages, debts, liabilities, accounts, costs, attorney’s fees, expenses, liens
and causes of action of every kind and nature whatsoever (hereinafter collectively referred to as “Claims”). The Claims from which Evans is releasing Releasees herein include without limitation, breach of implied or express contract,
breach of implied covenant of good faith and fair dealing, libel, slander, misrepresentation, fraud, wrongful discharge, discrimination claims under the Age Discrimination in Employment Act, the Older Workers Benefit Protection Act, Title VII of the
Civil Rights Act of 1964, the Utah Antidiscrimination Act, and any other laws prohibiting age, race, religion, sex, national origin, disability and other forms of discrimination, and any tort or other claim arising in any way out of the employment
relationship or termination of that relationship between Myriad and Evans whether now known or unknown, suspected or unsuspected, accrued or unaccrued. Evans specifically waives any and all claims for back pay, front pay, or any other form of
compensation for services, except as set forth herein. This release and waiver of claims by Evans releases and waives all claims against Myriad which may accrue as of the date of this Agreement. 

  

			
	Myriad-Evans Agreement	  	2

 Evans hereby waives any right to recover damages, costs, attorneys’ fees, and any other
relief in any proceeding or action brought against Myriad by any other party, including without limitation the Equal Employment Opportunity Commission and the Utah Antidiscrimination and Labor Division, on Evans’s behalf asserting any claim,
charge, demand, grievance, or cause of action released by Evans as stated above. 
 Notwithstanding the foregoing, Evans does not waive
rights, if any; Evans may have to unemployment insurance benefits or workers’ compensation benefits. Myriad agrees that if Evans is unable to find employment before his severance runs out and he applies for unemployment benefits, Myriad will
not oppose that application. Nothing in this paragraph prohibits Evans from paying COBRA premiums to maintain Evans’s participation, if any, in Myriad’s group health plan to the extent allowed by the terms, conditions, and limitations of
the health plan. 
 In addition, notwithstanding this release language, Evans is not waiving any rights and interests he has in the Myriad 401(k) retirement
plan, and Evans’s individual account balance in such plan is and remains fully vested in Evans. Evans will be sent the necessary paperwork to allow his to withdraw his money from those retirement accounts. 

7. Release of Claims by Myriad. Myriad, for itself, its heirs, assigns and representatives, hereby releases and waives all claims it
has or may have, whether known, unknown, actual, potential or contingent, against Evans, including any of his agents and representatives, in any way arising out of or relating to Evans’s employment with Myriad and/or the termination of
Evans’s employment with Myriad. This release and waiver of claims by Myriad covers, but is not limited to, all claims for misrepresentation, fraud, breach of implied or express contract, breach of implied covenant of good faith and fair
dealing, defamation, and interference with economic relations. This release and waiver of claims by Myriad releases and waives all claims against Evans which may accrue as of the date of this Agreement. 

8. Amendment. This Agreement may not be supplemented, amended, or modified except through a new written agreement signed by both
parties. 
 9. No Assignment of Claims. Evans represents and warrants that he has not previously assigned or transferred, or
attempted to assign or transfer, to any third party, any of the Claims waived and released herein. 
 10. No Claim Filed. Evans
represents that he has not filed any claim, complaint, charge or lawsuit against Myriad or any other Releasee with any governmental agency or any state or federal court, and covenants not to file any lawsuit at any time hereafter for any matter,
claim or incident known or unknown which occurred or arose out of occurrences prior to the date hereof. 
 11. Additional
Consideration. Evans agrees and acknowledges that the payment and benefits provided pursuant to this Agreement are in addition to any payments or benefits to which Evans would be entitled without signing this Agreement. 

  

			
	Myriad-Evans Agreement	  	3

 12. Confidential Information. As a further material inducement to Myriad to enter into
this Agreement, Evans agrees that he will not divulge the following information or types of information to anyone without the prior written consent of Myriad which will not be unreasonably withheld: trade secrets, salaries, financial information,
franchise information, marketing information, pricing, products, product lists, product information, sales information, personal employee information, or any other information of a similar confidential, sensitive or competitive nature. Evans
acknowledges that he has previously signed a confidentiality agreement with Myriad that remains in effect and under which he continues to be obliged to not disclose or make use of confidential or proprietary company information. 

13. Company Properly. Evans hereby represents and warrants that he has returned to Myriad all documents, property and records owned by,
belonging to or created by Myriad or other Releasees, including, but not limited to all copies thereof (hereinafter referred to as “Properties”), except as permitted by Myriad, For the purposes of this Agreement, “Properties”
includes but is not limited to keys, small wares, complete and partial documents, correspondence, reports, memoranda, laboratory records of any kind, notes, software, computer disks, manuals, computerized information and reports. 

14. Evans Personal Property. Myriad hereby represents and warrants that it will return to Evans all documents, property and records
owned by, belonging to or created by Evans prior to his employment at Myriad. “Properties” include but are not limited to personal effects currently stored in his former office, complete and partial documents, correspondence, reports,
memoranda, laboratory records of any kind, notes, software, computer disks, manuals, computerized information and reports, except to the extent that any of the foregoing constitutes property of Myriad. Evans will not be prevented from creating
electronic copies of all personal computer files that are stored on his former computer at Myriad. 
 15. Nondisparagement. Evans
agrees not to damage, disparage or criticize, orally or in writing, Myriad, its officers, executives, management or operations to any third person or entity. Myriad agrees, through its executives and officers, not to damage, disparage or criticize
Evans to any third person or entity. 
 16. Entire Agreement. This Agreement contains the entire agreement and understanding of
Myriad and Evans concerning the subject matter hereof and this Agreement supersedes and replaces all prior negotiations, proposed agreements, agreements or representations whether written or oral. Myriad and Evans agree and acknowledge that neither
Myriad nor Evans, including any agent or attorney of either, has made any representation, guarantee or promise whatsoever not contained in this Agreement to induce the other to execute this Agreement, and neither party is relying on any
representations, guarantee, or promise not contained in this Agreement in entering into this Agreement. 
 17. Governing Law. This
Agreement shall be governed by and construed in accordance with the laws of the State of Utah, without giving effect to Utah’s choice of law rules. 

18. Submission to Jurisdiction. Evans and Myriad each submits to the jurisdiction of any state or federal court sitting in the State of
Utah in any action or proceeding arising out of or 

  

			
	Myriad-Evans Agreement	  	4

 
relating to this Agreement, and each party agrees that all claims of whatever type relating to or arising out of this Agreement may be heard and determined only in a state or federal court
sitting in the State of Utah. Evans and Myriad each waives any defense of inconvenient forum to the maintenance of any action or proceeding so brought, and waives any bond, surety, or other security that might be required of any other party with
respect thereto. Evans and Myriad each agrees that if any action or proceeding relating to or arising out of this Agreement is brought in any other court or forum other than a state or federal court sitting in the State of Utah, the action or
proceeding shall be dismissed with prejudice and the party bringing the action or proceeding shall pay the other party’s legal fees and costs. 

19. Consultation with Attorney. Evans understands and acknowledges that Myriad has advised Evans to consult with an attorney of
Evans’s choice prior to signing this Agreement. 
 20. Voluntary and Knowing Signing. Evans acknowledges that he has read this
Agreement carefully and fully understands this Agreement. Evans acknowledges that he executes this Agreement voluntarily and of his own free will, and that he is knowingly and voluntarily releasing and waiving all Claims he may have against
Releasees, including Myriad. 
 21. Breach of Agreement. Breach of any terms of this agreement by Evans including any obligation of
nondisparagement, failure of any representation or warranty, and any obligation not to divulge confidential information, shall be grounds for termination of any or all of the separation benefits, including vested stock options. 

22. Revocation Period. Evans has seven (7) days from the date on which he signs this Agreement to revoke this Agreement by
providing written notice of his revocation to: 
 Jayne Hart 

Executive Vice President of Human Resources 

Myriad Genetics, Inc. 
 320 Wakara
Way 
 Salt Lake City, Utah 84108 

Evans’s revocation, to be effective, must be received by the above-named person by the end of the seventh day after Evans signs this Agreement. This
Agreement becomes effective on the eighth day after Evans signs this Agreement, providing that Evans has not revoked this Agreement as provided above. 

23. Indemnification. Nothing herein shall be construed to diminish any rights of Evans, or obligations of Myriad, to indemnify Evans to
the extent provided for under the By-Laws of the Company and Delaware General Corporation Law as a result of any claim arising from or relating to the fact that Evans was an officer of Myriad. 

  

			
	Myriad-Evans Agreement	  	5

 IN WITNESS WHEREOF, the parties have executed this Agreement on the dates indicated to be effective for all
purposes as of the Effective Date indicated above. 
  

							
	MYRIAD GENETICS, INC.	 		 	JAMES S. EVANS
				
	By:	 	 /s/ Jayne Hart
	 		 	 /s/ JAMES S. EVANS

	Its:	 	EVP, Human Resources	 		 	
				
	Date:	 	October 8, 2014	 		 	Date: October 8, 2014

  
 

 

  

			
	Myriad-Evans Agreement	  	6

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