Document:

Agreement dated as of September 28, 2004

 Exhibit 10.1 
  
 September 28, 2004 
  
 Gary Muto 
 [Address Omitted] 
  
 Dear Gary, 
  
 Congratulations on your new position with the company! At Gap Inc., we support talent development across the company and
encourage employees to seek out opportunities that best fit their interests and strengths. We feel confident your new position will provide many rewarding challenges and opportunities for future career growth. 
  
 This letter is to confirm our offer to you as President of our new fourth
brand. In this position you will report to Paul Pressler, President and Chief Executive Officer, Gap Inc. Your start date is September 15, 2004. 
  
 Salary. Your annual salary will remain unchanged at $850,000, payable every two weeks. You are scheduled to receive a performance and a
compensation review in March 2005, based on your time in the position. 
  
 Annual Bonus. Based on your position as Division President, you will participate in the Executive Management Incentive Cash Award Program (MICAP). Executive MICAP is a cash incentive program that rewards achievement of Gap Inc.
and/or Division financial objectives. Under the current program, your annual target bonus will be 70% of your base salary. Depending on results, your actual bonus, if any, may be higher or lower and can reach a maximum of 140%. Bonus payments will
be prorated based on time in position, divisional or country assignment and changes in base salary or incentive target that may occur during the fiscal year. Gap Inc. has the right to modify the program at any time. Management discretion can be used
to modify the final award amount. Bonus payments are subject to supplemental income tax withholding. 
  
 Beginning on the start date for your new position, your bonus will be based on Gap Inc. financial results for the remainder of fiscal year 2004.

  
 Additional Bonus Payments. In connection with your
acceptance of this position and in recognition of your continued contributions to Gap Inc., you will receive a payment of $100,000 on or about the date you have relocated to and established residence in an East Coast location within reasonable
commuting distance of our New York offices (the “Relocation Date”). You will receive an additional $70,000 on the first anniversary of the Relocation Date and a final payment of $50,000 on the second anniversary of the Relocation Date.
These payments will not be earned until the relevant Relocation or subsequent anniversary date, and you must be employed by Gap Inc. and working in our New York offices on the date payment is due in order to be eligible. These bonus payments are
subject to supplemental income tax withholding. 

 Gary Muto 
 September 28, 2004 
 Page Two 
  
 Relocation. Gap Inc. will pay for your relocation expenses in accordance with the company’s relocation policy.
Our Relocation Department will send you a brochure explaining your relocation benefits and obligations. By signing this letter you agree to abide by the terms of the Company’s relocation policy, including its payback provisions. A relocation
administrator will call you to go over the specific components of your package and work with you throughout the relocation process. In the meantime, if you have questions, please call our Relocation Department at (800) 333-7899, x44357. 

 
 Income Continuation. In the event that Gap Inc. (the
“Company”) terminates your employment involuntarily without cause before September 15, 2007, the Company will offer to make bi-weekly payments to you based on your then current base salary and subsidize your COBRA medical premium
(collectively, “Income Continuation”) according to the following schedule beginning on the day after your last day of employment: 
  

	 	a.	If your employment is terminated before September 15, 2005, you will receive Income Continuation for 18 months. 

  

	 	b.	If your employment is terminated upon or after September 15, 2005 but before September 15, 2007, you will receive Income Continuation for 12 months. 

  
 If your employment is involuntarily terminated without cause upon or after
September 15, 2007, you may be eligible to receive severance in an amount consistent with the Company’s then current severance guidelines. 
  
 Prior to and as a condition of receiving the Income Continuation and/or severance described above, you must execute a settlement agreement which includes
a full release of all claims arising out of your employment and termination of employment with Gap Inc. During the Income Continuation period, you agree to be reasonably available to the Company as requested to respond to requests for information
concerning matters, facts or events relating to the Company or any Company entity about which you may be knowledgeable. 
  
 If you accept new employment or establish any other professional relationship (e.g. a consulting relationship) for which you are compensated during the
applicable Income Continuation period or if you breach your remaining obligations to the Company (e.g. your duty to protect confidential information and your agreement to not solicit Gap Inc. employees), Income Continuation will cease effective on
your acceptance or breach as described herein. As a condition of receiving Income Continuation, you agree to inform Gap Inc. within five days of your acceptance of new employment or other compensated relationship. 
  
 For purposes of this agreement, “cause” shall mean termination of
your employment based on good faith determination by the CEO that your employment be terminated for any of the following reasons: (1) indictment, conviction or admission of any crime involving dishonesty or moral turpitude; (2) participation in any
act of fraud or malfeasance against Gap Inc.; (3) intentional damage to any property of Gap Inc.; (4) breach of any provision of this agreement or Gap Inc.’s Code of Business Conduct; (5) use of alcohol or drugs which interferes with the
performance of your duties under this agreement or which compromises the integrity and reputation of Gap Inc., its employees or products; or (6) absence from employment, other than a result of disability, for any reason for a period of more than
four weeks without prior consent by the Board. 

 Gary Muto 
 September 28, 2004 
 Page Three 
  
 If you voluntarily resign your employment from Gap Inc. at any time or your employment is terminated for cause, you will
receive no compensation, payment or benefits after your last day of employment. If your employment terminates for any reason, you will not be entitled to any payments, benefits, damages, award or compensation other than as provided in this offer.

  
 Abide by Company Policies. You agree to abide by all
applicable Company policies including, but not limited to, policies contained in the Code of Business Conduct. 
  
 Insider Trading Policies. Based on the level of your position, you will be subject to Gap Inc.’s Securities Law Compliance Manual, which among
other things places restrictions on your ability to buy and sell Gap Inc. stock and requires you to pre-clear trades. If you do not already have a copy of the compliance manual, or have questions about it, you should contact Frank Garcia in Gap Inc.
Stock Administration, at (415) 427-4697. 
  
 Employment
Status. You understand that your employment is still “at-will”. This means that you do not have a contract of employment for any particular duration or limiting the grounds for your termination in any way or precluding Gap Inc. from
revoking this offer of employment at any time. You are free to resign at any time. Similarly, the Company is free to terminate your employment at any time for any reason. The only way your at-will status can be changed is if you enter into an
express written contract with the Company that contains the words “this is an express contract of employment” and is signed by an officer of the Company. In the event that there is any dispute over the terms, enforcement or obligations
under this agreement, the prevailing party shall be entitled to recover from the other party reasonable attorneys fees and costs incurred to enforce the agreement. 
  
 Please review this agreement, sign one set of the enclosed originals and return to Sue Robinson at Gap Inc. You may
keep the other original for your personal records. 
  
 Gary,
congratulations on this latest achievement in your career at Gap Inc. 
  
 Yours sincerely, 
  

	
	 /s/ Paul Pressler

	 Paul Pressler

	 President and Chief Executive Officer

  
 Confirmed this 30th
day of September, 2004 
  

	
	 /s/ Gary Muto

	 Gary Muto

 CONFIDENTIALITY & NON-SOLICITATION AGREEMENT 
  
 I, Gary Muto, acknowledge that the services I will perform for Gap Inc. are unique and extraordinary and that I will be in a
relationship of confidence and trust with Gap Inc. As a result, during my employment with Gap Inc., I will acquire “Confidential Information” that is (1) owned or controlled by Gap Inc., (2) in the possession of Gap Inc. and belonging to
third parties, and/or (3) conceived, originated, discovered or developed in whole or in part by me. Confidential Information includes trade secrets and other confidential or proprietary business, technical, strategic, marketing, legal, personnel or
financial information, whether or not my work product, in written, graphic, oral or other tangible or intangible forms, including, but not limited to: strategic plans; unannounced product information, specifications or designs; sales and pricing
practices; computer programs; drawings, diagrams, models; vendor or customer names; employee lists or organizational charts; company telephone directories; individual employee compensation and benefits information; business or marketing plans;
studies, analyses, projections and reports; communication with attorneys; and software systems and processes. Any information that is not readily available to the public shall be considered to be a trade secret and confidential and proprietary.

  
 I agree that I will keep the Confidential Information in
strictest confidence and trust, and will not, without the prior written consent of Gap Inc.’s General Counsel, directly or indirectly use or disclose to any person or entity any Confidential Information, during or after my employment, except as
is necessary in the ordinary course of performing my duties while employed by Gap Inc. 
  
 I also agree that in the event of my employment termination for any reason, I will immediately deliver to Gap Inc. all company property, including all documents, materials or property of any description, or any
reproduction of such materials, containing or pertaining to any Confidential Information. 
  
 Additionally, I agree that so long as I am employed by Gap Inc. or receiving income continuation from Gap Inc., and for a period of one year thereafter, I will not, directly or indirectly, on behalf of me, any other
person or entity, solicit, call upon, recruit, or attempt to solicit any of Gap Inc.’s employees, consultants, customers, or vendors. I further agree that I will not directly or indirectly, on behalf of me, any other person or entity, interfere
or attempt to interfere with Gap Inc.’s relationship with any person who at any time was an employee, consultant, customer or vendor or otherwise has or had a business relationship with Gap Inc. 
  
 ACKNOWLEDGED AND AGREED TO THIS 30th DAY OF SEPTEMBER, 2004. 
  

	
	 /s/ Gary Muto

	Gary MutoLetter to Larry Respess

 Exhibit 10.42 
  
 Howard C. Birndorf 
 Chairman and Chief Executive Officer 
  
 January 28, 2004

  
 Dr. William L. Respess 
 P. O. Box 8983 
 Rancho Santa Fe, CA 92067 
  
 Dear Larry: 
  
 Nanogen Inc. (“Nanogen”) is pleased to offer you the position of Sr. Vice President, General Counsel and Secretary with Nanogen
Inc. and the following terms encompass our offer. The effective date of this position will be as soon as possible, but not later than April 1, 2004. If you accept this offer, you will be an exempt employee reporting to me. 
  
 You will be located in our San Diego office, and as Sr. Vice President, will be responsible
for all legal and patent activities for Nanogen. You will be expected to devote your full-time efforts to these responsibilities and you will be compensated at an annual base rate of $240,000 per annum payable in equal, semi-monthly increments.

  
 As a Sr. Vice President, you will be a participant in Nanogen’s Executive
Incentive Compensation Plan. As part of this plan, you will be eligible for an annual bonus of up to 50% of your annual salary composed as follows: you may earn up to 25% of your annual salary, based on annual milestones that will be mutually agreed
upon between you and me, subject to Board of Directors’ approval; you may also earn up to 25% of your annual salary, based solely on the discretion of the Board of Directors. As we discussed, you will receive a guaranteed $60,000 annual bonus
as well as any additional earned bonus. 
  
 Upon your acceptance of this proposal,
you will be entitled to purchase 200,000 shares of Nanogen common stock at fair market value, as determined by the closing price of Nanogen common stock on your date of hire. The purchase will be made through either the signing of Nanogen’s
current form of Stock Purchase Agreement or Stock Options Agreement as provided in Nanogen’s Stock Options Plan. These shares vest ratably on a monthly basis over the four-year period starting on your first day 

 Larry Respess 
 January 28,
2004 
 Page 2 
  
 of employment, except that you will not be vested in the initial 25% of such shares until your first anniversary of employment. Vesting of the shares will be accelerated in the event of a change of control of Nanogen.
Change of control is defined as follows: 
  
 Effect of Change in Control. The
Committee may determine, at the time of granting an Option or thereafter, that such Option shall become fully exercisable as to all Common Shares subject to such Option in the event that a Change in Control occurs with respect to the Company.

  
 1.1 ”Change in Control” shall mean the occurrence of
any of the following events: 
  
 (a) The
consummation of a merger or consolidation of the Company with or into another entity or any other corporate reorganization, if more than 50% of the combined voting power of the continuing or surviving entity’s securities outstanding immediately
after such merger, consolidation or other reorganization is owned by persons who were not stockholders of the Company immediately prior to such merger, consolidation or other reorganization; 
  
 (b) A change in the composition of the Board, as a result of
which fewer than one-half of the incumbent directors are directors who either: 
  
 (A) Had been directors of the Company 24 months prior to such change; or 
  
 (B) Were elected, or nominated for election, to the Board with the affirmative votes of at least a majority
of the directors who had been directors of the Company 24 months prior to such change and who were still in office at the time of the election or nomination; or 
  
 (c) Any “person” (as such term is used in sections 13(d) and 14(d) of the Exchange Act) by the
acquisition or aggregation of securities is or becomes the beneficial owner, directly or indirectly, of securities of the Company representing 50% or more of the combined voting power of the Company’s then outstanding securities ordinarily (and
apart from rights accruing under special circumstances) having the right to vote at elections of directors (the “Base Capital Stock”); except that any change in the relative beneficial ownership of the Company’s securities by any
person resulting solely from a reduction in the aggregate number of outstanding shares of Base Capital Stock, and any decrease thereafter in such person’s ownership of securities, shall be disregarded until such person increases in any manner,
directly or indirectly, such person’s beneficial ownership of any securities of the Company. Thus, for example, any person who owns less than 50% of the Company’s outstanding shares, shall cause a Change in Control to occur as of any
subsequent date if such person then acquires an additional interest in the Company which, when added to the person’s previous holdings, causes the person to hold more than 50% of the Company’s outstanding shares. 
  
 The term “Change in Control” shall not include the Company’s initial public
offering or a transaction, the sole purpose of which is to change the state of the Company’s incorporation. 
  
 The option granted under the Stock Options Plan shall be for a term of ten (10) years and the vested portion of any options you receive will not expire before the end of
the ten (10) year option period if you leave the company regardless of any other provision concerning exercise following termination of employment. 

 Larry Respess 
 January 28,
2004 
 Page 3 
  
 As a regular employee of Nanogen, you will become eligible to participate in Company-sponsored benefits. At present, these include full medical, dental, life and long-term disability insurance coverage for yourself
with the option to include your family with a minimal contribution. In addition, you will be eligible to participate in our 401(k) plan and our 125 Flexible Benefits Program. 
  
 Employment with Nanogen is not for a specific term and can be terminated by you or by the Company at any time for any reason, with or
without cause and with or without notice. However, Nanogen agrees to prepare and execute a severance agreement with you that in the event of termination of your employment for any reason other than Cause or if you terminate your employment with
Nanogen for Good Reason, Nanogen will agree to pay you six (6) months of your base annual compensation and cover your health insurance benefit plan for 6 months. Additionally, 50% of your unvested shares would vest in such a case. As used herein,
“Cause” shall mean any act which violates this agreement or the employment policies of Nanogen or any willful misconduct by you which may result in harm to Nanogen or its employees, directors or customers. The term “Good Reason”
shall mean a material reduction, which is not corrected within thirty (30) days by Nanogen after receipt of notice from you, in your duties, reduction in compensation except as part of, and at the same percentage as, an across the board reduction of
the compensation of the senior management team, and relocation of your office more than thirty (30) miles from your original place of employment with Nanogen. 
  

You would be entitled to four weeks annual vacation. 
  
 As an obligation consistent with the offer of employment, you will be required to sign the enclosed Proprietary Information, Inventions and Dispute Resolution Agreement
which is incorporated into this Agreement by reference, and on your first day of employment, to provide the Company with the legally required proof of your identity and authorization to work in the United States. 
  
 The terms of your employment cannot be changed except by an agreement in writing signed by
you and an authorized representative of Nanogen. 
  
 Assuming this letter is
acceptable to you, please sign a copy and return it to me. This offer will terminate unless accepted by February 6, 2004. We are looking forward to working with you in building an exciting company. The management team, Board Members and employees
look forward to announcing your appointment. 
  
 Sincerely yours, 
  
 Howard C. Birndorf 
  
 I accept this offer under the terms and conditions set forth in this letter. 
  

			
	

	William L. Respess	 	Date

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00072-of-00352.parquet"}]]